- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0010318

About Dynalog India Limited
Data last updated:
Dynalog India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 24 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1985PLC036338. Its GSTIN is 27AACCD9802G1ZP (Maharashtra). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹37 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Dynalog Micro Systems Limited and Dynalog Micro Systems Private Limited. It is led by directors including Akshay Shivaji Adhalrao (Managing Director) and Natalie Apurva Adhalrao.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kailash Vaibhav G Wing3Rd Floor Park Site Behind Godrej Colony Vikhroli West, Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.04 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹5.13 Cr (net margin 5.4%) and EBITDA of ₹10.18 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 14% over five years.
The company has about 159 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Dynalog. As per MCA filings, the company has open charges of ₹54.22 Cr and satisfied charges of ₹47.98 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹25 Cr; the latest was in August 2024. The company has 4 MSME Form 1 returns on record between 2019 and 2022, listing 52 overdue payments to 19 micro and small suppliers.
Dynalog India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0010318). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dynalogindia.com.
Company details
Name history
Dynalog India has undergone 2 name changes throughout its history. The company was previously known as Dynalog Micro Systems Limited, and Dynalog Micro Systems Private Limited. The current legal name is Dynalog India Limited.
| Company Name | Status |
|---|---|
| Dynalog India Limited | Current |
| Dynalog Micro Systems Limited | Previous |
| Dynalog Micro Systems Private Limited | Previous |
Recognitions & Rankings of Dynalog India
Contact details
Dynalog India Limited's registered office is in Mumbai, Maharashtra. Its website is dynalogindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKailash Vaibhav G Wing3Rd Floor Park Site Behind Godrej Colony Vikhroli West, Mumbai, Maharashtra, India – 400079
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Dynalog India 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
Brands
Dynalog India operates one associated brand: Dynalog. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Intelligent turnkey automation solutions are provided for industries and defense. | dynalogindia.com |
Business activity
The main business activities of Dynalog India are trade and manufacturing. In detail, this covers wholesale trading and computer, electronic, communication and scientific measuring & control equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Dynalog India Limited, buy the company report.
Financials of Dynalog India Limited
FY 2024 filings availableDynalog India Limited reported revenue of ₹95.04 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 37% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.13 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Dynalog India Limited, buy the company report.
Board of directors of Dynalog India Limited
Dynalog India has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natalie Apurva Adhalrao | Director | 11 Jan 2019 | 7 Years 10 Months | Current |
| Nagraj Punjbet Shenoy | Director | 04 May 2023 | 3 Years 6 Months | Current |
| Rohit Rajendra Goyal | Director | 29 Sep 2022 | 4 Years 1 Months | Current |
| Kalpana Shivaji Adhalrao | Director | 10 Nov 2021 | 5 Years 0 Months | Current |
| Akshay Shivaji Adhalrao Also directs: Ema India Limited, Technostrips Solutions Private Limited | Managing Director | 10 Nov 2021 | 5 Years 0 Months | Current |
| Madhuri Akshay Adhalrao | Director | 13 Feb 2006 | 20 Years 8 Months | Current |
Auditor
Dynalog India Limited is audited by Kagrana And Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kagrana And Associates | FY 2024 | 115467W |
Shareholding
The shareholding of Dynalog India Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dynalog India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2025 | 101145704 | Others | ₹3 Cr | Open | |
| 04 Jun 2025 | 101113089 | Hdfc Bank Limited | ₹29.5 Lakh | Open | |
| 05 Aug 2024 | 100963117 | Others | ₹5.35 Cr | Open | |
| 29 Dec 2023 | 100860271 | Others | ₹28.43 Lakh | Open | |
| 09 Aug 2023 | 100787500 | Others | ₹15 Lakh | Open |
To see the full charge records of Dynalog India Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Dynalog India Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹25 Cr; the latest was in August 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Funding round | ₹15 Cr | Investors: Aegis Investment Fund |
| Mar 2022 | Funding round | ₹10 Cr | Investors: Idbi Capital Markets & Securities Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dynalog India Limited has 5 court cases on record: 1 filed by Dynalog India, 4 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Kinetix Solutions Private Limited Through Udaya Prakash Bhat | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Kinetix Solutions Private Limited Through Udaya Prakash Bhat | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Kinetix Solutions Private Limited Through Udaya Prakash Bhat and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Kinetix Solutions Private Limited Through Udaya Prakash Bhat | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Dynalog India Limited, buy the company report.
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
Dynalog India Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 52 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aspire Infocom Technology Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Dynalog India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Dynalog India has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Paramount Mechanics Private Limited | U31200MH2004PTC147900 | |
| Techstructure Solutions Private Limited | U80904PN2014PTC153446 |
To see the full group structure of Dynalog India Limited, buy the company report.
Employees & EPFO
Dynalog India Limited has a workforce of 159 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 159 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dynalog India Limited, buy the company report.
GST
Dynalog India has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD9802G1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AACCD9802G2ZO | Maharashtra | Active | 16 Jun 2025 |
| 29AACCD9802G3ZJ | Karnataka | Active | 28 Apr 2025 |
| 07AACCD9802G1ZR | Delhi | Active | 05 Jun 2025 |
To see the full GST registrations and return filing status of Dynalog India Limited, buy the company report.
Recent activity
Dynalog India Limited has 14 board changes on record since 2006: 7 appointments and 7 cessations. The latest: Nagraj Punjbet Shenoy was appointed as Director on 04 May 2023.
72 earlier events are in the company report.
Frequently asked questions
Dynalog India is an active public limited company based in Mumbai, Maharashtra, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 24 May 1985 (41+ years old) and is registered under CIN U32109MH1985PLC036338.
Dynalog India has 7 current directors:
- Akshay Shivaji Adhalrao - Managing Director
- Natalie Apurva Adhalrao - Director
- Nagraj Punjbet Shenoy - Director
- Rohit Rajendra Goyal - Director
- Kalpana Shivaji Adhalrao - Director
- Madhuri Akshay Adhalrao - Director
- Apurva Shivaji Adhalrao - Director
The latest financial statements of Dynalog India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dynalog India is 27AACCD9802G1ZP, registered in Maharashtra. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 27AACCD9802G2ZO (Maharashtra), 29AACCD9802G3ZJ (Karnataka), 07AACCD9802G1ZR (Delhi).
The CIN (Corporate Identification Number) of Dynalog India is U32109MH1985PLC036338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dynalog India has 5 court cases on record: 1 filed by the company and 4 filed against it. 3 are pending.
Dynalog India was incorporated on 24 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Dynalog India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹25 Cr; the latest was in August 2024.
Nagraj Punjbet Shenoy was appointed as Director on 04 May 2023. Rohit Rajendra Goyal was appointed as Director on 29 Sep 2022. Akshay Shivaji Adhalrao was appointed as Managing Director on 10 Nov 2021. Dynalog India has 14 board changes on record in total.
Yes, Dynalog India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0010318).
Dynalog India has 4 MSME Form 1 returns on record between 2019 and 2022, listing 52 overdue payments to 19 micro and small suppliers. The latest return was filed on 21 Oct 2022.

