- Valuation
- ₹21,240 Cr

About Medha Servo Drives Pvt Ltd
Data last updated:
Medha Servo Drives Pvt Ltd is a private limited company based in Hyderabad, Telangana, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 27 January 1984 and has been in existence for over 42 years.
Medha Servo Drives is ranked #267 among India's most valuable companies (2025).
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U31103TG1984PTC004436. Its GSTIN is 36AABCM3917A1ZY (Telangana). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹19.65 Cr. It is led by directors including Kasyap Reddy Yadavelli (Managing Director) and Srinivas Reddy Nookala.
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 P – 4/5B Ida Nacharam Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,380.31 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹853.05 Cr (net margin 19.5%) and EBITDA of ₹1,164.38 Cr (EBITDA margin 26.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 17% over five years.
The company has about 6,485 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries and 2 joint ventures.
As per MCA filings, the company has open charges of ₹2,507.5 Cr and satisfied charges of ₹95.8 Cr on record. Court records list 23 cases involving the company, including 10 filed by the company and 13 filed against it; 10 cases are pending. The company has 13 deals on record (13 secondary share transfers); the latest was in March 2023. Its 3 peer companies in the Transport and Logistics industry (Railway Equipment and Products), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Alstom Transport India Limited with revenue of ₹11,169 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medha.com.
Company details
CIN history
Medha Servo Drives has one previous CIN (Corporate Identification Number): U31103AP1984PTC004436. The current CIN is U31103TG1984PTC004436, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31103TG1984PTC004436 | Current |
| U31103AP1984PTC004436 | Previous |
Recognitions & Rankings of Medha Servo Drives
Contact details
Medha Servo Drives Pvt Ltd's registered office is in Hyderabad, Telangana. Its website is medha.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressP – 4/5B Ida Nacharam Hyderabad, Telangana, India – 500076
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Medha Servo Drives Pvt Ltd, 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 Medha Servo Drives is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Medha Servo Drives Pvt Ltd, buy the company report.
Financials of Medha Servo Drives Pvt Ltd
FY 2025 filings availableMedha Servo Drives Pvt Ltd reported revenue of ₹4,380.31 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 8% growth in the latest year. EBITDA rose 6% 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 | ₹1,164.38 Cr | ||||
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| Net Profit (PAT) | ₹853.05 Cr | ||||
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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 | 26.6% | ||||
| Net Profit Margin | 19.5% | ||||
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To see the full financial statements and ratios of Medha Servo Drives Pvt Ltd, buy the company report.
Board of directors and KMP of Medha Servo Drives Pvt Ltd
Medha Servo Drives Pvt Ltd currently reports 4 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Reddy Nookala Also directs: Medha Rail Private Limited, Ece Railway Equipment Private Limited, Medha Rail Transportation Private Limited and 5 more | Director | 12 Dec 1997 | 28 Years 10 Months | Current |
| Jaganmohan Gupta Chalavadi | Company Secretary | 07 Jan 2009 | 17 Years 10 Months | Current |
| Kasyap Reddy Yadavelli Also directs: Medha Rail Private Limited, Ece Railway Equipment Private Limited, Medha Rail Transportation Private Limited and 5 more | Managing Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Subodh Prabhakar Yeotikar | Director | 16 May 2002 | 24 Years 5 Months | Current |
| Vinod Kumar Agarwal | Director | 16 May 2002 | 24 Years 5 Months | Current |
Peer comparison
Medha Servo Drives Pvt Ltd is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Railway Equipment and Products), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alstom Transport India Limited | ₹11,169 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Medha Servo Drives Pvt Ltdthis company | ₹4,380.31 Cr (FY 2025) | ₹853.05 Cr | 19.5% | 8.0% | 6,485 | Hyderabad, Telangana, India |
| Madhepura Electric Locomotive Private Limited | ₹3,229.3 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Alstom Manufacturing India Private Limited | ₹3,040.46 Cr (FY 2022) | 68.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Medha Servo Drives Pvt Ltd, buy the company report.
Auditor
Medha Servo Drives Pvt Ltd is audited by Guru & Ram LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru & Ram LLP | FY 2024 | 009723S/S200039 |
Shareholding
The shareholding of Medha Servo Drives Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medha Servo Drives Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2023 | 100762008 | Hdfc Bank Limited | ₹260 Cr | Open | |
| 22 Mar 2019 | 100257236 | Others | ₹250 Cr | Open | |
| 04 Mar 2019 | 100244443 | Others | ₹250 Cr | Open | |
| 26 Oct 2018 | 100215023 | Axis Bank Limited | ₹250 Cr | Open | |
| 07 Aug 2018 | 100207598 | Yes Bank Limited | ₹250 Cr | Open |
To see the full charge records of Medha Servo Drives Pvt Ltd, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Medha Servo Drives Pvt Ltd has 13 deals on record (13 secondary share transfers); the latest was in March 2023.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Medha Servo Drives Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Medha Servo Drives Pvt Ltd has 23 court cases on record: 10 filed by Medha Servo Drives, 13 filed against it. 10 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 5 | 7 |
| District courts | 7 | 6 | 2 |
| Supreme Court | 2 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (MACMA) | Filed against the company by Icici Lombard General Insurance Co.Ltd | Pending |
| High Court for State of Telangana | Arbitration matter | Filed against the company by Emergent Methodology Private Ltd., | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by Selco International Limited and 2 others | Disposed |
| High Court for State of Telangana | Tax appeal | Filed against the company by The Principal Commissioner of Customs, | Pending |
| Supreme Court | Appeal | Filed by the company against Commissioner of Customs Hyderabad - Customs | Pending |
To see the full case history of Medha Servo Drives Pvt Ltd, 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.
Credit ratings & regulatory alerts
Medha Servo Drives Pvt Ltd was last rated by Indiarating on 15 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 15 Feb 2022 |
To see the full credit ratings and regulatory alerts of Medha Servo Drives Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Medha Servo Drives Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Medha Servo Drives has 7 subsidiary companies, 2 joint ventures, and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Medha Rail Private Limited | U27200TG2022PTC166566 | |
| Medha Railway Equipments Private Limited | U35122TG2009PTC064051 | |
| Medha Ganser Fuel Systems Private Limited | U35990TG2011PTC073519 | |
| Medha SMH Rail Private Limited | U35990TG2021PTC157708 | |
| Medha Locomotives Private Limited | U35990TG2022PTC167216 | |
| Medha Bogies Private Limited | U35999TG2022PTC167144 |
To see the full group structure of Medha Servo Drives Pvt Ltd, buy the company report.
Employees & EPFO
Medha Servo Drives Pvt Ltd has a workforce of 6,485 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6,485 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Medha Servo Drives Pvt Ltd, buy the company report.
GST
Medha Servo Drives has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCM3917A1ZY | Telangana | Active | 01 Jul 2017 |
| 08AABCM3917A1ZX | Rajasthan | Active | 01 Jul 2017 |
| 32AABCM3917A1Z6 | Kerala | Active | 01 Jul 2017 |
| 33AABCM3917A1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medha Servo Drives Pvt Ltd, buy the company report.
Recent activity
Medha Servo Drives Pvt Ltd has 9 board changes on record since 1997: 5 appointments and 4 cessations. The latest: Saraschandra Babu Pasupuleti ceased to be Director on 11 Dec 2021.
42 earlier events are in the company report.
Frequently asked questions
Medha Servo Drives is an active private limited company based in Hyderabad, Telangana, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 27 January 1984 (42+ years old) and is registered under CIN U31103TG1984PTC004436.
Medha Servo Drives has 5 current directors and KMP:
- Kasyap Reddy Yadavelli - Managing Director
- Srinivas Reddy Nookala - Director
- Subodh Prabhakar Yeotikar - Director
- Vinod Kumar Agarwal - Director
- Jaganmohan Gupta Chalavadi - Company Secretary
The latest financial statements of Medha Servo Drives 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 2015 are in the company report.
The GSTIN of Medha Servo Drives is 36AABCM3917A1ZY, registered in Telangana. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 08AABCM3917A1ZX (Rajasthan), 32AABCM3917A1Z6 (Kerala), 33AABCM3917A1Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Medha Servo Drives is U31103TG1984PTC004436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medha Servo Drives has 23 court cases on record: 10 filed by the company and 13 filed against it. 10 are pending. Most are in the high courts.
Medha Servo Drives was incorporated on 27 January 1984, making it 42+ years old. It is registered with the Registrar of Companies, Hyderabad.
Medha Servo Drives has 13 deals on record (13 secondary share transfers); the latest was in March 2023.
The peers of Medha Servo Drives by revenue are Alstom Transport India Limited, Madhepura Electric Locomotive Private Limited, Alstom Manufacturing India Private Limited, all in the Transport and Logistics industry (Railway Equipment and Products), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Saraschandra Babu Pasupuleti ceased to be Director on 11 Dec 2021. Yugandhar Reddy Yedavalli ceased to be Director on 11 Dec 2021. Mohan Rao Yadlapalli ceased to be Director on 10 Jun 2010. Medha Servo Drives has 9 board changes on record in total.
Medha Servo Drives can be reached through the website medha.com. Its registered office is in Hyderabad, Telangana, India.

