
DSM Projects Private Limited
About DSM Projects Private Limited
Data last updated:
DSM Projects Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 18 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45500MH2016PTC286904. Its GSTIN is 08AAFCD8854K1Z3 (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹2.76 Cr. It is led by directors Sudha Dattatray Mhaiskar and Sunita Ganesh Gadre.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 1 Ground Floor Manisha Safalya B M.G. Road Vishnu Nagar Dombivli (W), Thane, Maharashtra, India – 421202.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 61.5%) and EBITDA of ₹2.29 Cr (EBITDA margin 81.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 40% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
DSM Projects Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 1 Ground Floor Manisha Safalya B M.G. Road Vishnu Nagar Dombivli (W), Thane, Maharashtra, India – 421202
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of DSM Projects Private Limited, buy the company report.
- 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
Financials of DSM Projects Private Limited
FY 2025 filings availableDSM Projects Private Limited reported revenue of ₹2.8 Cr (up 294% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 294% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. EBITDA rose 310% 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
| 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.72 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.7% | ||||
| Net Profit Margin | 61.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of DSM Projects Private Limited, buy the company report.
Board of directors of DSM Projects Private Limited
DSM Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Dattatray Mhaiskar Also directs: SRJM Ventures LLP, Mepr Ventures LLP, Iepl Power Trading Company Private Limited and 3 more | Additional Director | 20 Oct 2016 | 10 Years 0 Months | Current |
| Sunita Ganesh Gadre Also directs: Global Safety Vision Private Limited | Additional Director | 09 Oct 2019 | 7 Years 1 Months | Current |
Peer comparison
DSM Projects Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services, Infrastructure Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Green City Constructions Private Limited | ₹2.8 Cr (FY 2024) | -32.0% | Bangalore, Karnataka, India | |||
| Dharma Buildwell Private Limited | ₹2.8 Cr (FY 2025) | -43.0% | Ramban, Jammu and Kashmir, India | |||
| KNR Contractors Private Limited | ₹2.8 Cr (FY 2025) | -69.0% | Hyderabad, Telangana, India | |||
| Twashtre Automotive Private Limited | ₹2.8 Cr (FY 2025) | -34.0% | Patna, Bihar, India | |||
| Arogan Infrastructure Private Limited | ₹2.8 Cr (FY 2024) | 46.0% | Barasat, West Bengal, India | |||
| DSM Projects Private Limitedthis company | ₹2.8 Cr (FY 2024) | ₹1.72 Cr | 61.5% | 294.0% | Thane, Maharashtra, India | |
| Vayu Buildcon Private Limited | ₹2.8 Cr (FY 2025) | -44.0% | Noida, Uttar Pradesh, India | |||
| Malinfra Project Development Private Limited | ₹2.8 Cr (FY 2024) | Howrah, West Bengal, India | ||||
| Rupayan Projects Private Limited | ₹2.8 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Neri Chemical Industries Private Limited | ₹2.8 Cr (FY 2025) | 67.0% | Lucknow, Uttar Pradesh, India | |||
| Nair Infra Services Private Limited | ₹2.8 Cr (FY 2024) | Dhanbad, Jharkhand, India |
To see the full peer comparison of DSM Projects Private Limited, buy the company report.
Auditor
DSM Projects Private Limited is audited by SHAH BAXI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH BAXI & ASSOCIATES | FY 2019 | 131879W |
Shareholding
The shareholding of DSM Projects Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of DSM Projects Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving DSM Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for DSM Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
DSM Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCD8854K1Z3 | Rajasthan | Active | 25 May 2018 |
To see the full GST registrations and return filing status of DSM Projects Private Limited, buy the company report.
Recent activity
DSM Projects Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Anuya Jayant Mhaiskar ceased to be Director on 01 Oct 2023.
Frequently asked questions
DSM Projects is an active private limited company based in Thane, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 18 October 2016 (10+ years old) and is registered under CIN U45500MH2016PTC286904.
DSM Projects has 2 current directors:
- Sudha Dattatray Mhaiskar - Additional Director
- Sunita Ganesh Gadre - Additional Director
The latest financial statements of DSM Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of DSM Projects is 08AAFCD8854K1Z3, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of DSM Projects is U45500MH2016PTC286904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DSM Projects was incorporated on 18 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of DSM Projects by revenue are Green City Constructions Private Limited, Dharma Buildwell Private Limited, KNR Contractors Private Limited, Twashtre Automotive Private Limited, Arogan Infrastructure Private Limited and 5 more, all in the Infrastructure industry (Construction Services, Infrastructure Services).
Anuya Jayant Mhaiskar ceased to be Director on 01 Oct 2023. Sunita Ganesh Gadre was appointed as Additional Director on 09 Oct 2019. Ganesh Madhav Gadre ceased to be Director on 09 Sep 2019. DSM Projects has 4 board changes on record in total.
The registered office of DSM Projects is at Flat No. 1 Ground Floor Manisha Safalya B M.G. Road Vishnu Nagar Dombivli W, Thane, Maharashtra, India – 421202.
DSM Projects operates in the infrastructure and utilities industry, in the road and bridge construction segment.
The compliance status of DSM Projects is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.

