About Drytech Processes (India) P Ltd
Data last updated:
Drytech Processes (India) P Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 17 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U02004MH1991PTC064511. Its GSTIN is 27AAACD1475H2ZR (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Yogesh Amritlal Shah (Managing Director) and Jayesh Amritlal Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 14 Pinnaacle Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹754.26 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹57.06 Cr (net margin 7.6%) and EBITDA of ₹131.25 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹1,156.42 Cr and satisfied charges of ₹121.74 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 16 deals on record (14 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.75 Cr; the latest was in March 2025. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 32 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drytechindia.com.
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- Registered Address3rd Floor T – 14 Pinnaacle Business Park Mahakali Caves Road Next To Ahura Centre Andher, I (East), Mumbai, Maharashtra, India – 400093
- IndustryFood and Beverages, Flavouring & Seasoning Additives
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Drytech Processes (India) P Ltd FY 2024 filings available
Drytech Processes (India) P Ltd reported revenue of ₹754.26 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Drytech Processes (India) P Ltd
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Drytech Processes (India) P Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹754.26 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹131.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹57.06 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Drytech Processes (India) P Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Drytech Processes (India) P are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Drytech Processes (India) P Ltd
Drytech Processes (India) P has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Amritlal Shah | Director | 17 Dec 1991 | 34 Years 10 Months | Current |
| Yogesh Amritlal Shah | Managing Director | 17 Dec 1991 | 34 Years 10 Months | Current |
| Sarit Arvind Haria | Director | 28 Jan 2013 | 13 Years 8 Months | Current |
| Ankit Dilip Shah | Director | 15 Jan 2015 | 11 Years 9 Months | Current |
| Sanjay Devchand Shah | Director | 15 Dec 2006 | 19 Years 10 Months | Current |
Auditor Details of Drytech Processes (India) P Ltd
Auditor information for Drytech Processes (India) P Ltd provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Drytech Processes (India) P Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Drytech Processes (India) P Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Others | ₹1.5 Cr | Open |
| 10 Sep 2024 | Standard Chartered Bank | ₹15 Cr | Open |
| 29 Jul 2024 | Citi Bank N.A. | ₹20 Cr | Open |
| 02 Jul 2024 | Yes Bank Limited | ₹10 Cr | Open |
| 14 Sep 2022 | Citi Bank N.A. | ₹76 Cr | Open |
Total charge records: 47 View all charges
Deals & Funding of Drytech Processes (India) P Ltd
Drytech Processes (India) P Ltd has 16 deals on record (14 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.75 Cr; the latest was in March 2025.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Jayesh A Shah Huf, Yogesh A Shah Huf |
Full deal history
All 16 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Drytech Processes (India) P Ltd
Drytech Processes (India) P Ltd has 2 court cases on record: 2 filed by Drytech Processes (India) P. 1 case is pending and 1 is disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Food Safety and Standards Authority of India | Pending |
| District court, Chhindwara, Madhya Pradesh | Court case (RCS A) | Filed by the company against Muncipal Corporation | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Drytech Processes (India) P Ltd
Drytech Processes (India) P Ltd has 4 MSME Form 1 returns on record between 2023 and 2024, listing 32 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Stronglite Composites | •••• | •••• | •••• |
| K Pack Systems Pvt Ltd | •••• | •••• | •••• |
| Hicare Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Drytech Processes (India) P Ltd
Employment history and EPFO contributions of people linked to Drytech Processes (India) P.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Drytech Processes (India) P Ltd
Drytech Processes (India) P Ltd has 9 board changes on record since 1991: 5 appointments and 4 cessations. The latest: Ankit Dilip Shah ceased to be Additional Director on 29 Sep 2015.
83 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Drytech Processes (India) P Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Drytech Processes (India) P Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Drytech Processes (India) P Ltd
Drytech Processes (India) P has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1475H2ZR | Maharashtra | Active | 27 Jan 2021 |
| 23AAACD1475H1Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Drytech Processes (India) P Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Drytech Processes (India) P Ltd
Drytech Processes (India) P is an active private limited company based in Mumbai, Maharashtra, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 17 December 1991 (35+ years old) and is registered under CIN U02004MH1991PTC064511.
Drytech Processes (India) P reported revenue of ₹754.26 Cr for FY 2024 (down 9% YoY).
Drytech Processes (India) P has 5 current directors:
- Yogesh Amritlal Shah - Managing Director
- Jayesh Amritlal Shah - Director
- Sarit Arvind Haria - Director
- Ankit Dilip Shah - Director
- Sanjay Devchand Shah - Director
Drytech Processes (India) P reported a net profit of ₹57.06 Cr (net margin 7.6%) and EBITDA of ₹131.25 Cr (EBITDA margin 17.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Drytech Processes (India) P is 24% over three years and 26% over five years. In the latest year (FY 2024) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Drytech Processes (India) P is 27AAACD1475H2ZR, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AAACD1475H1Z0 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Drytech Processes (India) P is U02004MH1991PTC064511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drytech Processes (India) P has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the high courts.
Drytech Processes (India) P was incorporated on 17 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Drytech Processes (India) P has 16 deals on record (14 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.75 Cr; the latest was in March 2025.
Ankit Dilip Shah ceased to be Additional Director on 29 Sep 2015. Vishal Yogesh Shah ceased to be Additional Director on 29 Sep 2015. Ankit Dilip Shah was appointed as Director on 15 Jan 2015. Drytech Processes (India) P has 9 board changes on record in total.