MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-MH-20-0038375
JSR Dynamics Private Limited - aerospace, maritime and defense in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.65 Cr
▲ 238% YoY
Net loss · FY 2025
₹2.18 Cr
Net margin -59.8%
EBITDA · FY 2025
₹10.78 Cr
EBITDA margin 295.5%
Authorised capital
₹7.4 Cr
Registered with MCA
Paid-up capital
₹6.26 Cr
Issued & subscribed
Open charges
₹100 Cr
Satisfied ₹138.61 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
37
Provident fund records
About JSR Dynamics Private Limited
Data last updated:
JSR Dynamics Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 27 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29113MH2018PTC318834. Its GSTIN is 27AAECJ4302P1ZD (Maharashtra).
The company has an authorised share capital of ₹7.4 Cr and a paid-up capital of ₹6.26 Cr. It is led by directors including Shirish Baban Deo (Managing Director) and Dattatray Balajirao Shekatkar.
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 : Shri Shailesh Sudhir Joglekar H.No.293 Sita Ram Smruti Bajaj Road, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.18 Cr (net margin -59.8%) and EBITDA of ₹10.78 Cr (EBITDA margin 295.5%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 207% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JSR Dynamics. As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹138.61 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
JSR Dynamics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0038375). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jsrdynamics.in.
Company details
CIN U29113MH2018PTC318834
Registration Number 318834
Incorporation Date 27 December 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0038375
Key People
Shirish Baban Deo Managing Director Dattatray Balajirao Shekatkar Director Shailesh Sudhir Joglekar Director Recognitions & Rankings of JSR Dynamics
Contact details
JSR Dynamics Private Limited's registered office is in Nagpur, Maharashtra. Its website is jsrdynamics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O : Shri Shailesh Sudhir Joglekar H.No.293 Sita Ram Smruti Bajaj Road, Nagpur, Maharashtra, India – 440010
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of JSR Dynamics Private Limited, buy the company report.
Comprehensive company report
JSR Dynamics 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
JSR Dynamics operates one associated brand: JSR Dynamics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Airborne guided weapon systems are researched, developed, and produced. | jsrdynamics.in |
Financials of JSR Dynamics Private Limited
FY 2025 filings availableJSR Dynamics Private Limited reported revenue of ₹3.65 Cr (up 238% YoY) for FY 2025.
Revenue · FY 2025
₹3.65 Cr ▲ 238%
Net loss · FY 2025
₹2.18 Cr margin -59.8%
EBITDA · FY 2025
₹10.78 Cr margin 295.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 238%
3 years · compounded
▲ 47%
5 years · compounded
▲ 207%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 108%
5 years · compounded
▲ 215%
Revenue has grown at a compounded annual rate (CAGR) of 207% over five years, including 238% growth in the latest year. EBITDA rose 9% 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 | ₹10.78 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.18 Cr | ||||
| Balance Sheet | |||||
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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 | 295.5% | ||||
| Net Profit Margin | -59.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of JSR Dynamics Private Limited, buy the company report.
Board of directors of JSR Dynamics Private Limited
JSR Dynamics has 11 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dattatray Balajirao Shekatkar | Director | 17 Feb 2025 | 1 Years 8 Months | Current |
| Shailesh Sudhir Joglekar Also directs: Iraa Nature Ventures Private Limited | Director | 23 Mar 2024 | 2 Years 7 Months | Current |
| Dhananjay Chandrakant Vartak | Director | 01 Jul 2019 | 7 Years 3 Months | Current |
| Vijay Murlidhar Chauthaiwale Also directs: Future Economic Cooperation Council | Additional Director | 11 Oct 2025 | 1 Years 0 Months | Current |
| Mahesh Panwar Also directs: Globe Forge Limited, Nibe Maritime Private Limited, Shakti Furniture Private Limited and 5 more | Director | 19 Sep 2020 | 6 Years 1 Months | Current |
| Prafulla Kashinath Kale Also directs: Ketan Motors Private Limited, Jaika Vanijya Private Limited, Jaika Automobiles and Finance Pvt Ltd and 5 more | Director | 01 Jul 2019 | 7 Years 3 Months | Current |
Showing 6 of 11 current directors. View all directors
Peer comparison
JSR Dynamics Private Limited is compared with the 10 companies closest to it by revenue in the Defence industry (Defence Products and Technology), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Evigway Technologies Private Limited | ₹3.84 Cr (FY 2025) | 164.0% | Gurgaon, Haryana, India | |||
| Zepco Technologies Private Limited | ₹3.77 Cr (FY 2025) | -16.0% | Bangalore, Karnataka, India | |||
| Antigone Solutions Private Limited | ₹3.72 Cr (FY 2025) | 573.0% | Bangalore, Karnataka, India | |||
| Mashvill Sensors Private Limited | ₹3.7 Cr (FY 2022) | 80.0% | Hyderabad-82, Telangana, India | |||
| Medbit Technologies Private Limited | ₹3.7 Cr (FY 2024) | 799.0% | New Delhi, Delhi, India | |||
| JSR Dynamics Private Limitedthis company | ₹3.65 Cr (FY 2025) | -₹2.18 Cr | -59.8% | 238.0% | 37 | Nagpur, Maharashtra, India |
| Aerod Technologies Private Limited | ₹3.33 Cr (FY 2025) | Noida, Uttar Pradesh, India | ||||
| Edge 2 Systems Private Limited | ₹3.31 Cr (FY 2025) | -87.0% | Noida, Uttar Pradesh, India | |||
| Prime Uav Private Limited | ₹3.26 Cr (FY 2025) | 103.0% | Mehsana, Gujarat, India | |||
| Astr Defence Private Limited | ₹3.05 Cr (FY 2024) | 305108.0% | Hubli, Karnataka, India | |||
| Next Defence Private Limited | ₹2.82 Cr (FY 2024) | 310.0% | Bangalore, Karnataka, India |
To see the full peer comparison of JSR Dynamics Private Limited, buy the company report.
Auditor
JSR Dynamics Private Limited is audited by A B Upadhye and Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B Upadhye and Co. | FY 2022 | 148379W |
Shareholding
The shareholding of JSR Dynamics Private 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 JSR Dynamics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹100 Cr
Satisfied charges
₹138.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2024 | 101008928 | State Bank of India | ₹100 Cr | Open | |
| 19 Jul 2023 | 100768727 | Others | ₹6.5 Cr | Satisfied | |
| 30 Nov 2022 | 100667093 | Tata Capital Financial Services Limited | ₹10 Cr | Satisfied | |
| 31 Aug 2021 | 100481300 | Others | ₹61 Cr | Satisfied | |
| 31 Aug 2021 | 100483633 | Others | ₹61 Cr | Satisfied |
To see the full charge records of JSR Dynamics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
JSR Dynamics Private Limited has 2 court cases on record: 2 filed by JSR Dynamics. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of JSR Dynamics 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.
MSME payment delays
JSR Dynamics Private Limited has 6 MSME Form 1 returns on record between 2021 and 2023, listing 19 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| V3 Novus Private Limited | |||
| Accurate Gauging and Instruments Private Limited | |||
| an individual supplier | |||
| Integral System and Components Private Limited | |||
| Om Enterprises |
To see the full MSME payment records of JSR Dynamics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
JSR Dynamics Private Limited has a workforce of 37 employees on its EPFO records as of Nov 07, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
8.82%
GST
JSR Dynamics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECJ4302P1ZD | Maharashtra | Active | 15 Apr 2019 |
To see the full GST registrations and return filing status of JSR Dynamics Private Limited, buy the company report.
Recent activity
JSR Dynamics Private Limited has 17 board changes on record since 2018: 11 appointments and 6 cessations. The latest: Vijay Murlidhar Chauthaiwale was appointed as Additional Director on 11 Oct 2025.
Appointed
Vijay Murlidhar Chauthaiwale was appointed as Additional Director.
AGM
Jsr Dynamics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Dattatray Balajirao Shekatkar ceased to be Additional Director.
Ceased
Pradeep Vasant Naik ceased to be Additional Director.
Ceased
Sanjay Mitra ceased to be Additional Director.
Filing
Jsr Dynamics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 30 Nov 2022 via Charge ID 100667093 with Tata Capital Financial Services Limited was fully satisfied on 18 Feb 2025.
Appointed
Dattatray Balajirao Shekatkar was appointed as Director.
Appointed
Pradeep Vasant Naik was appointed as Director.
Appointed
Sanjay Mitra was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 100.00 Cr registered on 08 Nov 2024 with Charge ID 101008928 was modified on 31 Jan 2025.
Ceased
Gautam Satish Kale ceased to be Director.
21 earlier events are in the company report.
News
Frequently asked questions
JSR Dynamics is an active private limited company based in Nagpur, Maharashtra, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 27 December 2018 (8+ years old) and is registered under CIN U29113MH2018PTC318834.
JSR Dynamics has 11 current directors:
- Shirish Baban Deo - Managing Director
- Dattatray Balajirao Shekatkar - Director
- Shailesh Sudhir Joglekar - Director
- Dhananjay Chandrakant Vartak - Director
- Vijay Murlidhar Chauthaiwale - Additional Director
- Mahesh Panwar - Director
- Prafulla Kashinath Kale - Director
- Sanjay Mitra - Director
- Gautam Satish Kale - Director
- Anjna Deo - Director
- Pradeep Vasant Naik - Director
The latest financial statements of JSR Dynamics 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 JSR Dynamics is 27AAECJ4302P1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of JSR Dynamics is U29113MH2018PTC318834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSR Dynamics has 2 court cases on record: 2 filed by the company.
JSR Dynamics was incorporated on 27 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of JSR Dynamics by revenue are Evigway Technologies Private Limited, Zepco Technologies Private Limited, Antigone Solutions Private Limited, Mashvill Sensors Private Limited, Medbit Technologies Private Limited and 5 more, all in the Defence industry (Defence Products and Technology).
Vijay Murlidhar Chauthaiwale was appointed as Additional Director on 11 Oct 2025. Dattatray Balajirao Shekatkar ceased to be Additional Director on 29 Sep 2025. Pradeep Vasant Naik ceased to be Additional Director on 29 Sep 2025. JSR Dynamics has 17 board changes on record in total.
Yes, JSR Dynamics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0038375).
JSR Dynamics has 6 MSME Form 1 returns on record between 2021 and 2023, listing 19 overdue payments to 14 micro and small suppliers. The latest return was filed on 14 Nov 2023.
JSR Dynamics can be reached through the website jsrdynamics.in. Its registered office is in Nagpur, Maharashtra, India.