Gyrodrive Machineries Private Limited

Gyrodrive Machineries Private Limited - machinery and equipment in Yavatmal, Maharashtra, India. FY 2026 financials & compliance.
CIN U74994MH2018PTC307537 Incorporated 04 April 2018 ROC Nagpur HQ Yavatmal, Maharashtra, India
Active Private Limited Company machinery and equipment DPIIT Startup MSME · Micro
Revenue · FY 2024
₹26.08 Lakh
▲ 15% YoY
Net loss · FY 2024
₹27.39 Lakh
Net margin -105%
EBITDA · FY 2024
-₹26.21 Lakh
EBITDA margin -100.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.13 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Gyrodrive Machineries Private Limited

Data last updated:

Gyrodrive Machineries Private Limited is a private limited company based in Yavatmal, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 04 April 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74994MH2018PTC307537. Its GSTIN is 27AAHCG2600A1ZB (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.13 Lakh. It is led by directors including Akash Suryakant Gaddamwar and Eshan Dhar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Mr. Suryakant Madhukar Gaddamwar Agrawal Layout House No. 75, Yavatmal, Maharashtra, India – 445001.

As per the financials filed for FY 2024, the company reported a revenue of ₹26.08 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹27.39 Lakh (net margin -105%) and EBITDA of -₹26.21 Lakh (EBITDA margin -100.5%). Revenue has grown at a compounded annual rate (CAGR) of 157% over three years and 30% over five years.

The company is associated with 1 brand: GyroDrive Machineries.

Gyrodrive Machineries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-36-0006533). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74994MH2018PTC307537
Registration Number 307537
Incorporation Date 04 April 2018
ROC Nagpur
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-36-0006533
Key People
Akash Suryakant Gaddamwar Director Eshan Dhar Director Niraj Mahendra Bora Director

Recognitions & Rankings of Gyrodrive Machineries

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-36-0006533

Contact details

Gyrodrive Machineries Private Limited's registered office is in Yavatmal, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    C/O Mr. Suryakant Madhukar Gaddamwar Agrawal Layout House No. 75, Yavatmal, Maharashtra, India – 445001
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Gyrodrive Machineries Private Limited, buy the company report.

Comprehensive company report
Gyrodrive Machineries Private 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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Brands

Gyrodrive Machineries operates one associated brand: GyroDrive Machineries. Each brand links to its own profile.

BrandDescriptionWebsite
GyroDrive Machineries
Develops efficient magnet-free motors for EVs, appliances, and industrial uses.gyroindia.com

Business activity

The main business activity of Gyrodrive Machineries is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Gyrodrive Machineries Private Limited, buy the company report.

Financials of Gyrodrive Machineries Private Limited

FY 2025 filings available

Gyrodrive Machineries Private Limited reported revenue of ₹26.08 Lakh (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹26.08 Lakh ▲ 15%
Net loss · FY 2024
₹27.39 Lakh margin -105%
EBITDA · FY 2024
-₹26.21 Lakh margin -100.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 157%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 272%
3 years · compounded
▼ 155%
5 years · compounded
▼ 103%

Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 15% growth in the latest year. EBITDA fell 272% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹26.21 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹27.39 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-100.5%
Net Profit Margin-105%
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 Gyrodrive Machineries Private Limited, buy the company report.

Board of directors of Gyrodrive Machineries Private Limited

Gyrodrive Machineries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akash Suryakant Gaddamwar
Also directs: Yadadichi Dynamic LLP
Director04 Apr 20188 Years 7 MonthsCurrent
Eshan Dhar
Also directs: Yadadichi Dynamic LLP
Director04 Apr 20188 Years 7 MonthsCurrent
Niraj Mahendra Bora
Also directs: Surmount Hospitality Private Limited, Cyclotrade Enterprises Private Limited, Gnaw Hospitality Private Limited and 5 more
Director11 Oct 20215 Years 1 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gyrodrive Machineries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Gyrodrive Machineries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCG2600A1ZBMaharashtraActive16 Jun 2018

To see the full GST registrations and return filing status of Gyrodrive Machineries Private Limited, buy the company report.

Recent activity

Gyrodrive Machineries Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Niraj Mahendra Bora ceased to be Additional Director on 30 Sep 2022.

AGM
Gyrodrive Machineries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gyrodrive Machineries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Ceased
Niraj Mahendra Bora ceased to be Additional Director.
Appointed
Niraj Mahendra Bora was appointed as Director.
Appointed
Akash Suryakant Gaddamwar was appointed as Director.
Appointed
Eshan Dhar was appointed as Director.
Incorporation
04 Apr 2018
Gyrodrive Machineries Private Limited was registered on 04 Apr 2018 with Roc Nagpur & aged 8 years 7 months as per MCA records.

Frequently asked questions

Gyrodrive Machineries is an active private limited company based in Yavatmal, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 04 April 2018 (8+ years old) and is registered under CIN U74994MH2018PTC307537.

Gyrodrive Machineries has 3 current directors:

The latest financial statements of Gyrodrive Machineries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Gyrodrive Machineries is 27AAHCG2600A1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Gyrodrive Machineries is U74994MH2018PTC307537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gyrodrive Machineries was incorporated on 04 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Nagpur.

Niraj Mahendra Bora ceased to be Additional Director on 30 Sep 2022. Niraj Mahendra Bora was appointed as Director on 11 Oct 2021. Akash Suryakant Gaddamwar was appointed as Director on 04 Apr 2018. Gyrodrive Machineries has 4 board changes on record in total.

Yes, Gyrodrive Machineries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Gyrodrive Machineries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-36-0006533).

The registered office of Gyrodrive Machineries is at CO Mr. Suryakant Madhukar Gaddamwar Agrawal Layout House No. 75, Yavatmal, Maharashtra, India – 445001.