About Flender Drives Private Limited
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Flender Drives Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Flender Gmbh. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2020FTC137354. Its GSTIN is 33AAECF2019F1Z7 (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹560 Cr. It is led by directors Pandurangaiah Chillakuru (Whole-Time Director) and Vinod Babu Shetty (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 309/2 A – Block 100 Chettipedu Village Thandalam Post Sriperumbudur Taluk, Chennai, Tamil Nadu, India – 602105.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,764.98 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹179.85 Cr (net margin 4.8%) and EBITDA of ₹446.24 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years.
The company has about 667 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Flender. Court records list 5 cases involving the company, including 5 filed by the company. The company has 1 deal on record (1 rights issue); the latest was in December 2020. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Paharpur Cooling Towers Ltd with revenue of ₹4,001.26 Cr. The company has 9 MSME Form 1 returns on record between 2021 and 2024, listing 230 overdue payments to 67 micro and small suppliers.
For more details, the company can be reached via its website flender.com.
Company details
Contact details
Flender Drives Private Limited's registered office is in Chennai, Tamil Nadu. Its website is flender.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 309/2 A – Block 100 Chettipedu Village Thandalam Post Sriperumbudur Taluk, Chennai, Tamil Nadu, India – 602105
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Flender Drives 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
Brands
Flender Drives operates one associated brand: Flender. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial gears and couplings are manufactured for diverse sectors. | flender.com |
Business activity
The main business activity of Flender Drives is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Flender Drives Private Limited, buy the company report.
Financials of Flender Drives Private Limited
FY 2025 filings availableFlender Drives Private Limited reported revenue of ₹3,764.98 Cr (up 107% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over three years, including 107% growth in the latest year. EBITDA rose 211% 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 | ₹446.24 Cr | ||||
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| Net Profit (PAT) | ₹179.85 Cr | ||||
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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 | 11.9% | ||||
| Net Profit Margin | 4.8% | ||||
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To see the full financial statements and ratios of Flender Drives Private Limited, buy the company report.
Board of directors of Flender Drives Private Limited
Flender Drives has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pandurangaiah Chillakuru Also directs: Flender Drive Systems Private Limited | Whole-Time Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Vinod Babu Shetty Also directs: Flender Drive Systems Private Limited | Whole-Time Director | 24 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Flender Drives Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paharpur Cooling Towers Ltd | ₹4,001.26 Cr (FY 2024) | 19.0% | Kolkata, West Bengal, India | |||
| Flender Drives Private Limitedthis company | ₹3,764.98 Cr (FY 2025) | ₹179.85 Cr | 4.8% | 107.0% | 667 | Chennai, Tamil Nadu, India |
| Inox Wind Limited | ₹3,701.55 Cr (FY 2025) | 105.0% | Village Basal, Himachal Pradesh, India | |||
| Greaves Cotton Limited | ₹2,973.1 Cr (FY 2025) | 10.0% | Aurangabad, Maharashtra, India | |||
| LM Wind Power Blades (India) Private Limited | ₹2,886.78 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Flender Drives Private Limited, buy the company report.
Auditor
Flender Drives Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Flender Drives Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Flender Drives Private Limited, buy the company report.
Deals & funding
Flender Drives Private Limited has 1 deal on record (1 rights issue); the latest was in December 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Rights issue | ₹559.99 Cr | Investors: Flender GmbH |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flender Drives Private Limited has 5 court cases on record: 5 filed by Flender Drives. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against an individual | Disposed |
| District court, Sundargarh, Odisha | Civil suit | Filed by the company against M/S. Konark Electronix | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Flender Drives Private 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.
Credit ratings & regulatory alerts
Flender Drives Private Limited was last rated by Icra on 07 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Apr 2022 |
To see the full credit ratings and regulatory alerts of Flender Drives Private Limited, buy the company report.
MSME payment delays
Flender Drives Private Limited has 9 MSME Form 1 returns on record between 2021 and 2024, listing 230 overdue payments to 67 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 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mighty Machines | |||
| Vibgyor Toolings | |||
| Kritha Convertors Private Limited | |||
| an individual supplier | |||
| Geeta Shipping and Clearing Services Private Limited |
To see the full MSME payment records of Flender Drives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Flender Drives has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Flender Drive Systems Private Limited | U29219TN2020PTC138320 |
To see the full group structure of Flender Drives Private Limited, buy the company report.
Employees & EPFO
Flender Drives Private Limited has a workforce of 667 employees on its EPFO records as of Jul 02, 2024, across 1 active EPFO establishment.
GST
Flender Drives has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECF2019F1Z7 | Tamil Nadu | Active | 10 Nov 2020 |
| 33AAECF2019F2Z6 | Tamil Nadu | Active | 01 Mar 2025 |
| 19AAECF2019F1ZX | West Bengal | Active | 19 Oct 2020 |
To see the full GST registrations and return filing status of Flender Drives Private Limited, buy the company report.
Recent activity
Flender Drives Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Christuraj ceased to be Additional Director on 29 Sep 2022.
News
Frequently asked questions
Flender Drives is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 August 2020 (6+ years old) and is registered under CIN U29309TN2020FTC137354.
Flender Drives has 2 current directors:
- Pandurangaiah Chillakuru - Whole-Time Director
- Vinod Babu Shetty - Whole-Time Director
The latest financial statements of Flender Drives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Flender Drives is 33AAECF2019F1Z7, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAECF2019F2Z6 (Tamil Nadu), 19AAECF2019F1ZX (West Bengal).
The CIN (Corporate Identification Number) of Flender Drives is U29309TN2020FTC137354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flender Drives has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Flender Drives was incorporated on 24 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Flender Drives has 1 deal on record (1 rights issue); the latest was in December 2020.
The peers of Flender Drives by revenue are Paharpur Cooling Towers Ltd, Inox Wind Limited, Greaves Cotton Limited, LM Wind Power Blades (India) Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Christuraj ceased to be Additional Director on 29 Sep 2022. Pandurangaiah Chillakuru was appointed as Whole-Time Director on 01 Apr 2022. Pandurangaiah Chillakuru ceased to be Additional Director on 01 Apr 2022. Flender Drives has 6 board changes on record in total.
Flender Drives has 9 MSME Form 1 returns on record between 2021 and 2024, listing 230 overdue payments to 67 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Flender Drives can be reached through the website flender.com. Its registered office is in Chennai, Tamil Nadu, India.