- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0153478

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
Recognitions & Rankings of Greaves Technologies
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
- Website
- Social Media
- Registered AddressJ – 2 MIDC Industrial Area Chikalthana, Aurangabad, Maharashtra, India – 431210
- IndustryProfessional Services, Personal, Scientific, Technical
To see the full contact details of Greaves Technologies 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other 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 availableGreaves Technologies Limited reported revenue of ₹46.49 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Parshuram Satpute | Director | 22 Apr 2025 | 1 Years 6 Months | Current |
| Akhila Balachandar Also directs: Greaves Finance Limited | Director | 07 Nov 2023 | 2 Years 11 Months | Current |
| Santosh Singh | Additional Director | 06 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Greaves Technologies Limited is audited by ZADN & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ZADN & Associates | FY 2023 | 112306W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2022 | 100659008 | Axis Bank Limited | ₹6 Cr | Open | |
| 23 May 1973 | 90161328 | Grindlays Bank | ₹5 Lakh | Open |
To see the full charge records of Greaves Technologies Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Greaves Technologies Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Ms.Vakil Sons Pvt Ltd | Disposed |
To see the full case history of Greaves Technologies 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
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)
| Supplier | Amount due | Due since | Reported 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.
GST
Greaves Technologies has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD0090J2ZT | Maharashtra | Active | 25 Aug 2021 |
| 36AAACD0090J1ZV | Telangana | Active | 11 Mar 2022 |
| 33AAACD0090J1Z1 | Tamil Nadu | Active | 02 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.
21 earlier events are in the company report.
News
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:
- Parag Parshuram Satpute - Director
- Akhila Balachandar - Director
- Santosh Singh - Additional Director
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.