Mega Drives Private Limited

Mega Drives Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U34300MH1990PTC059169 Incorporated 27 November 1990 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2021
₹2.86 Cr
▲ 32% YoY
Net profit · FY 2021
₹6.1 Lakh
Net margin 2.1%
EBITDA · FY 2021
₹61.89 Lakh
EBITDA margin 21.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹12 Cr
Satisfied ₹3.8 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
3
Provident fund records

About Mega Drives Private Limited

Data last updated:

Mega Drives Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 27 November 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH1990PTC059169. Its GSTIN is 27AAACM8313P1Z3 (Maharashtra).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Tanuka Dipakkanti Majumdar and Gitasri Dipakkanti Majumdar.

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 Shed No – W 365 MIDC Rabale, Navi Mumbai, Maharashtra, India – 400701.

As per the financials filed for FY 2021, the company reported a revenue of ₹2.86 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹6.1 Lakh (net margin 2.1%) and EBITDA of ₹61.89 Lakh (EBITDA margin 21.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹3.8 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.

Mega Drives Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0027623). The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U34300MH1990PTC059169
Registration Number 059169
Incorporation Date 27 November 1990
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 Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0027623
Key People
Tanuka Dipakkanti Majumdar Director Gitasri Dipakkanti Majumdar Director

Recognitions & Rankings of Mega Drives

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0027623

Contact details

Mega Drives Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Shed No – W 365 MIDC Rabale, Navi Mumbai, Maharashtra, India – 400701
  • Industry
    Machinery and Equipment, Heavy Engineering & Manufacturing

To see the full contact details of Mega Drives Private Limited, buy the company report.

Comprehensive company report
Mega Drives 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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Business activity

The main business activity of Mega Drives is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

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

Financials of Mega Drives Private Limited

FY 2025 filings available

Mega Drives Private Limited reported revenue of ₹2.86 Cr (up 32% YoY) for FY 2021.

Revenue · FY 2021
₹2.86 Cr ▲ 32%
Net profit · FY 2021
₹6.1 Lakh margin 2.1%
EBITDA · FY 2021
₹61.89 Lakh margin 21.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▼ 7%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 18%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 32% growth in the latest year. EBITDA fell 12% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹61.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.1 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin21.6%
Net Profit Margin2.1%
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 Mega Drives Private Limited, buy the company report.

Board of directors of Mega Drives Private Limited

Mega Drives has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tanuka Dipakkanti Majumdar
Also directs: Wagman Engineering Company Private Limited
Director29 Sep 20179 Years 1 MonthsCurrent
Gitasri Dipakkanti Majumdar
Also directs: Wagman Engineering Company Private Limited
Director27 Nov 199035 Years 11 MonthsCurrent
View all directors

Auditor

Mega Drives Private Limited is audited by MILLIND MEHTA & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
MILLIND MEHTA & COFY 2020129664W

Shareholding

The shareholding of Mega Drives Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mega Drives Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12 Cr
Satisfied charges
₹3.8 Cr
Breakdown by lending institutions
Bank of Baroda₹12.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Mar 200190356260Bank of Baroda₹1 CrOpen
08 Jun 199590356059Bank of Baroda₹42.5 LakhOpen
24 Jan 199490355986Bank of Baroda₹2.25 LakhOpen
12 Oct 199390352206Bank of Baroda₹2.5 LakhOpen
09 Jul 199280034474Bank of Baroda₹3.5 CrOpen

To see the full charge records of Mega Drives Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

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

Employees & EPFO

Mega Drives Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-57.14%

GST

Mega Drives has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACM8313P1Z3MaharashtraActive01 Jul 2017

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

Recent activity

Mega Drives Private Limited has 4 board changes on record since 1990: 3 appointments and 1 cessation. The latest: Deepak Kanti Majumdar ceased to be Director on 30 Jun 2025.

AGM
Mega Drives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Deepak Kanti Majumdar ceased to be Director.
Charges
A charge registered on 09 Aug 2019 via Charge ID 100293657 with Others was fully satisfied on 11 Apr 2025.
Filing
Mega Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 380.00 Lakh registered on 09 Aug 2019 with Charge ID 100293657 was modified on 25 Aug 2020.
Charges
A charge with Others amounted to Rs. 380.00 Lakh with Charge ID 100293657 was registered on 09 Aug 2019.
Appointed
Tanuka Dipakkanti Majumdar was appointed as Director.
Charges
A charge with Bank Of Baroda of Rs. 350.00 Lakh registered on 09 Jul 1992 with Charge ID 80034474 was modified on 29 Oct 2008.
Charges
A charge with Bank Of Baroda of Rs. 350.00 Lakh registered on 09 Jul 1992 with Charge ID 80034475 was modified on 29 Oct 2008.
Charges
A charge with Bank Of Baroda of Rs. 350.00 Lakh registered on 09 Jul 1992 with Charge ID 90346549 was modified on 29 Oct 2008.
Charges
A charge with Bank Of Baroda of Rs. 2.50 Lakh registered on 12 Oct 1993 with Charge ID 90352206 was modified on 11 Mar 2004.
Charges
A charge with Bank Of Baroda of Rs. 2.50 Lakh registered on 09 Jul 1992 with Charge ID 90354864 was modified on 15 Aug 2002.

11 earlier events are in the company report.

Frequently asked questions

Mega Drives is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 27 November 1990 (36+ years old) and is registered under CIN U34300MH1990PTC059169.

Mega Drives has 2 current directors:

The latest financial statements of Mega 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 Mega Drives is 27AAACM8313P1Z3, registered in Maharashtra.

The CIN (Corporate Identification Number) of Mega Drives is U34300MH1990PTC059169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mega Drives has 6 court cases on record: 6 filed against it. 2 are pending.

Mega Drives was incorporated on 27 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.

Deepak Kanti Majumdar ceased to be Director on 30 Jun 2025. Tanuka Dipakkanti Majumdar was appointed as Director on 29 Sep 2017. Deepak Kanti Majumdar was appointed as Director on 27 Nov 1990. Mega Drives has 4 board changes on record in total.

Yes, Mega Drives is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0027623).

The registered office of Mega Drives is at Shed No – W 365 MIDC Rabale, Navi Mumbai, Maharashtra, India – 400701.