- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0031410

About KVS Drivesystems Private Limited
Data last updated:
KVS Drivesystems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 12 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29130GJ2020PTC112674. Its GSTIN is 24AAICK0199F1ZK (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Salin Kirankumar Shah and Swapnesh Sheth.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.30/31/1 Amba Estate Hathijan Ring Road GIDC Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.69 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹8.99 Lakh (net margin 0.8%) and EBITDA of ₹53.94 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 99% over five years.
The company is associated with 1 brand: KVS Drivesystems. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
KVS Drivesystems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0031410). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kvsdrivesystems.com.
Company details
Recognitions & Rankings of KVS Drivesystems
Contact details
KVS Drivesystems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is kvsdrivesystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.30/31/1 Amba Estate Hathijan Ring Road GIDC Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of KVS Drivesystems Private 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
Brands
KVS Drivesystems operates one associated brand: KVS Drivesystems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of power transmission products and solutions in industrial settings. | kvsdrivesystems.com |
Business activity
The main business activity of KVS Drivesystems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of KVS Drivesystems Private Limited, buy the company report.
Financials of KVS Drivesystems Private Limited
FY 2025 filings availableKVS Drivesystems Private Limited reported revenue of ₹10.69 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 99% over five years, including 20% growth in the latest year. EBITDA rose 7% 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 | ₹53.94 Lakh | ||||
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| Net Profit (PAT) | ₹8.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of KVS Drivesystems Private Limited, buy the company report.
Board of directors of KVS Drivesystems Private Limited
KVS Drivesystems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salin Kirankumar Shah | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Swapnesh Sheth | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
KVS Drivesystems Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Semi-Gen Systems Private Limited | ₹10.73 Cr (FY 2025) | 3575.0% | Panvel, Maharashtra, India | |||
| Carroty Weaving Equipment Private Limited | ₹10.7 Cr (FY 2024) | -75.0% | Surat, Gujarat, India | |||
| KVS Drivesystems Private Limitedthis company | ₹10.69 Cr (FY 2025) | ₹8.99 Lakh | 0.8% | 20.0% | Ahmedabad, Gujarat, India | |
| Echo Motors and Automobiles Private Limited | ₹10.66 Cr (FY 2021) | -46.0% | Guwahati, Assam, India |
To see the full peer comparison of KVS Drivesystems Private Limited, buy the company report.
Auditor
KVS Drivesystems Private Limited is audited by S K CHALISHAZAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K CHALISHAZAR & CO | FY 2022 | 112110W |
Shareholding
The shareholding of KVS Drivesystems Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of KVS Drivesystems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2020 | 100351900 | Hdfc Bank Limited | ₹1 Cr | Open |
To see the full charge records of KVS Drivesystems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
KVS Drivesystems Private Limited has 1 court case on record: 1 filed by KVS Drivesystems. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Divy Rollform Limited | Pending |
To see the full case history of KVS Drivesystems 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
No delayed payments to MSME suppliers are on our record for KVS Drivesystems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KVS Drivesystems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICK0199F1ZK | Gujarat | Active | 20 Feb 2020 |
To see the full GST registrations and return filing status of KVS Drivesystems Private Limited, buy the company report.
Recent activity
KVS Drivesystems Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Salin Kirankumar Shah was appointed as Director on 12 Feb 2020.
Frequently asked questions
KVS Drivesystems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 12 February 2020 (6+ years old) and is registered under CIN U29130GJ2020PTC112674.
KVS Drivesystems has 2 current directors:
- Salin Kirankumar Shah - Director
- Swapnesh Sheth - Director
The latest financial statements of KVS Drivesystems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of KVS Drivesystems is 24AAICK0199F1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of KVS Drivesystems is U29130GJ2020PTC112674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KVS Drivesystems has 1 court case on record: 1 filed by the company. 1 is pending.
KVS Drivesystems was incorporated on 12 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of KVS Drivesystems by revenue are Semi-Gen Systems Private Limited, Carroty Weaving Equipment Private Limited, Echo Motors and Automobiles Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Salin Kirankumar Shah was appointed as Director on 12 Feb 2020. Swapnesh Sheth was appointed as Director on 12 Feb 2020.
Yes, KVS Drivesystems is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0031410).
KVS Drivesystems can be reached through the website kvsdrivesystems.com. Its registered office is in Ahmedabad, Gujarat, India.