MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0153478
Greaves Technologies Limited - professional services in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
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 of Greaves Technologies Limited
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
Key People
Parag Parshuram Satpute Director Akhila Balachandar Director Santosh Singh Additional Director Recognitions & Rankings of Greaves Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressJ – 2 MIDC Industrial Area Chikalthana, Aurangabad, Maharashtra, India – 431210
- IndustryProfessional Services, Personal, Scientific, Technical
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Business Activity of Greaves Technologies Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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) of Greaves Technologies Limited
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 of Greaves Technologies Limited
| 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 of Greaves Technologies Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Greaves Technologies are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Parshuram Satpute | Director | 22 Apr 2025 | 1 Years 5 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 |
Peer Comparison of Greaves Technologies Limited
Greaves Technologies Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mellora Infrastructure Private Limited | ₹47.67 Cr (FY 2024) | •••• | •••• | 229.0% | •••• | Mumbai, Maharashtra, India |
| Rutsarya Water Management Private Limited | ₹47.4 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Surat, Gujarat, India |
| Enncon Synergies (India) Private Limited | ₹46.91 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Thane, Maharashtra, India |
| Brawn Globus Turnkey Solutions Private Limited | ₹46.85 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Adroitec Engineering Solutions Private Limited | ₹46.66 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Greaves Technologies Limited this company | ₹46.49 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Aurangabad, Maharashtra, India |
| Boson Infra India Private Limited | ₹46.44 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Ekansh Concepts Limited Listed | ₹46.27 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| RBT Projects India Private Limited | ₹46.19 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Bathinda, Punjab, India |
| Priserve Infrastructure Private Limited | ₹45.73 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bishrakh, Uttar Pradesh, India |
| Lean Automation Equipments Private Limited | ₹45.53 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Kolara, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Greaves Technologies by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Greaves Technologies Limited
Greaves Technologies Limited is audited by ZADN & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ZADN & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Greaves Technologies Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Greaves Technologies Limited
Open charges
₹6.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2022 | Axis Bank Limited | ₹6 Cr | Open |
| 23 May 1973 | Grindlays Bank | ₹5 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Greaves Technologies Limited
Greaves Technologies Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Total cases
1
Filed against the company
1
Disposed
1
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 |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Greaves Technologies Limited
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 | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Greaves Technologies Limited
Greaves Technologies Limited has a workforce of 355 employees as of Apr 04, 2024.
Employee count
355
Active EPFO establishments
1
Employee growth
18.73%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Greaves Technologies Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Greaves Technologies Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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Subsidiaries & Group Companies of Greaves Technologies Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Greaves Technologies Limited
Greaves Technologies has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD0090J2ZT | Maharashtra | Active | 25 Aug 2021 |
| 36AAACD0090J1ZV | Telangana | Active | 11 Mar 2022 |
| 33AAACD0090J1Z1 | Tamil Nadu | Active | 02 Mar 2023 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Greaves Technologies Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Greaves Technologies Limited
Frequently Asked Questions about Greaves Technologies Limited
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 reported revenue of ₹46.49 Cr for FY 2025 (up 33% YoY).
Greaves Technologies has 3 current directors:
- Parag Parshuram Satpute - Director
- Akhila Balachandar - Director
- Santosh Singh - Additional Director
Greaves Technologies reported a net loss of ₹1.56 Cr (net margin -3.4%) and EBITDA of ₹56.46 Lakh (EBITDA margin 1.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Greaves Technologies is 68% over three years and 450% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Greaves Technologies by revenue are Mellora Infrastructure Private Limited, Rutsarya Water Management Private Limited, Enncon Synergies (India) Private Limited, Brawn Globus Turnkey Solutions Private Limited, Adroitec Engineering Solutions Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
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).