Greaves Technologies Limited

Greaves Technologies Limited - professional services in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
CIN U28920MH1960PLC011788 Incorporated 19 August 1960 ROC Mumbai HQ Aurangabad, Maharashtra, India
Active Public Limited Company professional services MSME · Small
Data last updated
Revenue · FY 2025
₹46.49 Cr
▲ 33% YoY
Net loss · FY 2025
₹1.56 Cr
Net margin -3.4%
EBITDA · FY 2025
₹56.46 Lakh
EBITDA margin 1.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹14 Lakh
Issued & subscribed
Open charges
₹6.05 Cr
Secured borrowings
Company age
66 yrs
Est. 1960
Employees · EPFO
355
Provident fund records

About Greaves Technologies Limited

Data last updated:

Greaves Technologies Limited is a public limited company based in Aurangabad, Maharashtra, India, a subsidiary of Greaves Cotton Limited. It operates in the personal services segment of the professional services sector. It was incorporated on 19 August 1960 and has been in existence for over 66 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1960PLC011788. Its GSTIN is 27AAACD0090J2ZT (Maharashtra). The company holds 5 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹14 Lakh. It was formerly known as Dee Greaves Limited. It is led by directors including Parag Parshuram Satpute and Akhila Balachandar.

Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at J – 2 MIDC Industrial Area Chikalthana, Aurangabad, Maharashtra, India – 431210.

As per the financials filed for FY 2025, the company reported a revenue of ₹46.49 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹1.56 Cr (net margin -3.4%) and EBITDA of ₹56.46 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 450% over five years.

The company has about 355 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.05 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Greaves Technologies Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0153478). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greavescotton.com.

Company details

CIN U28920MH1960PLC011788
Registration Number 011788
Incorporation Date 19 August 1960
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Greaves Cotton Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0153478

Recognitions & Rankings of Greaves Technologies

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0153478

Contact details

Greaves Technologies Limited's registered office is in Aurangabad, Maharashtra. Its website is greavescotton.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    J – 2 MIDC Industrial Area Chikalthana, Aurangabad, Maharashtra, India – 431210
  • Industry
    Professional Services, Personal, Scientific, Technical

To see the full contact details of Greaves Technologies Limited, buy the company report.

Comprehensive company report
Greaves Technologies Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Greaves Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Greaves Technologies Limited, buy the company report.

Financials of Greaves Technologies Limited

FY 2025 filings available

Greaves Technologies Limited reported revenue of ₹46.49 Cr (up 33% YoY) for FY 2025.

Revenue · FY 2025
₹46.49 Cr ▲ 33%
Net loss · FY 2025
₹1.56 Cr margin -3.4%
EBITDA · FY 2025
₹56.46 Lakh margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 68%
5 years · compounded
▲ 450%
EBITDA CAGR growth
1 year
▲ 346%
3 years · compounded
▼ 10%
5 years · compounded
▲ 193%

Revenue has grown at a compounded annual rate (CAGR) of 450% over five years, including 33% growth in the latest year. EBITDA rose 346% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹56.46 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.56 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.2%
Net Profit Margin-3.4%
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 Greaves Technologies Limited, buy the company report.

Board of directors of Greaves Technologies Limited

Greaves Technologies has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Parag Parshuram SatputeDirector22 Apr 20251 Years 6 MonthsCurrent
Akhila BalachandarDirector07 Nov 20232 Years 11 MonthsCurrent
Santosh SinghAdditional Director06 Feb 20260 Years 8 MonthsCurrent

Auditor

Greaves Technologies Limited is audited by ZADN & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ZADN & AssociatesFY 2023112306W

Shareholding

The shareholding of Greaves Technologies Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Greaves Technologies Limited, buy the company report.

Charges & borrowings

Open charges
₹6.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹6.00 Cr
Grindlays Bank₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Dec 2022100659008Axis Bank Limited₹6 CrOpen
23 May 197390161328Grindlays Bank₹5 LakhOpen

To see the full charge records of Greaves Technologies Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Greaves Technologies Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
SGGS & Associates
Zadn & Associates

To see the full MSME payment records of Greaves Technologies Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Greaves Technologies Limited has a workforce of 355 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
355
Active EPFO establishments
1
Employee growth
18.73%

GST

Greaves Technologies has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACD0090J2ZTMaharashtraActive25 Aug 2021
36AAACD0090J1ZVTelanganaActive11 Mar 2022
33AAACD0090J1Z1Tamil NaduActive02 Mar 2023

To see the full GST registrations and return filing status of Greaves Technologies Limited, buy the company report.

Recent activity

Greaves Technologies Limited has 26 board changes on record since 2007: 4 appointments and 22 cessations. The latest: Santosh Singh was appointed as Additional Director on 06 Feb 2026.

Appointed
Santosh Singh was appointed as Additional Director.
AGM
Greaves Technologies Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Ceased
Parag Parshuram Satpute ceased to be Additional Director.
Ceased
Sunilkumar Balasubramanniam Puthucode ceased to be Additional Director.
Charges
A charge with Axis Bank Limited of Rs. 6.00 Cr registered on 09 Dec 2022 with Charge ID 100659008 was modified on 28 Apr 2025.
Ceased
Arup Basu ceased to be Additional Director.
Appointed
Parag Parshuram Satpute was appointed as Director.
Filing
Greaves Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Sunilkumar Balasubramanniam Puthucode was appointed as Director.
Ceased
Akhila Balachandar ceased to be Additional Director.
Appointed
Akhila Balachandar was appointed as Director.
Ceased
Ravi Moti Kirpalani ceased to be Additional Director.

21 earlier events are in the company report.

Frequently asked questions

Greaves Technologies is an active public limited company based in Aurangabad, Maharashtra, India. The company works in personal, within the professional services industry. It was incorporated on 19 August 1960 (66+ years old) and is registered under CIN U28920MH1960PLC011788.

Greaves Technologies has 3 current directors:

The latest financial statements of Greaves Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Greaves Technologies is 27AAACD0090J2ZT, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 36AAACD0090J1ZV (Telangana), 33AAACD0090J1Z1 (Tamil Nadu).

The CIN (Corporate Identification Number) of Greaves Technologies is U28920MH1960PLC011788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Greaves Technologies has 1 court case on record: 1 filed against it.

Greaves Technologies was incorporated on 19 August 1960, making it 66+ years old. It is registered with the Registrar of Companies, Mumbai.

Santosh Singh was appointed as Additional Director on 06 Feb 2026. Parag Parshuram Satpute ceased to be Additional Director on 18 Sep 2025. Sunilkumar Balasubramanniam Puthucode ceased to be Additional Director on 18 Sep 2025. Greaves Technologies has 26 board changes on record in total.

Yes, Greaves Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0153478).

Greaves Technologies has 2 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Apr 2024.

Greaves Technologies can be reached through the website greavescotton.com. Its registered office is in Aurangabad, Maharashtra, India.