About Dinesh Engineers Limited
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Dinesh Engineers Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 07 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH2006PLC159570. Its GSTIN is 27AACCD3117C1Z9 (Maharashtra). The company holds 20 GST registrations, of which 19 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹29.5 Cr. It was formerly known as Dinesh Engineers Private Limited. It is led by directors including Dinesh Kollaiah Kargal (Managing Director) and Shashikala Dinesh Kargal (Whole-Time Director).
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 Depl House Neighbourhood Shopping Complex Sector – 4 Nerul, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2025, the company reported a revenue of ₹763.58 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹97.83 Cr (net margin 12.8%) and EBITDA of ₹234.12 Cr (EBITDA margin 30.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.
The company has about 163 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹763.61 Cr and satisfied charges of ₹265.61 Cr on record. Court records list 38 cases involving the company, including 14 filed by the company and 24 filed against it; 8 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹100.24 Cr; the latest was in December 2023. Its 3 peer companies in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 1 larger and 2 smaller; the largest is Tower Vision India Private Limited with revenue of ₹1,299.3 Cr. The company has 22 MSME Form 1 returns on record between 2018 and 2024, listing 1,190 overdue payments to 163 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website depl.co.in.
Company details
CIN history
Dinesh Engineers has one previous CIN (Corporate Identification Number): U31200MH2006PTC159570. The current CIN is U31200MH2006PLC159570, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200MH2006PLC159570 | Current |
| U31200MH2006PTC159570 | Previous |
Contact details
Dinesh Engineers Limited's registered office is in Navi Mumbai, Maharashtra. Its website is depl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDepl House Neighbourhood Shopping Complex Sector – 4 Nerul, Navi Mumbai, Maharashtra, India – 400706
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Dinesh Engineers 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
Business activity
The main business activity of Dinesh Engineers is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Dinesh Engineers Limited, buy the company report.
Financials of Dinesh Engineers Limited
FY 2025 filings availableDinesh Engineers Limited reported revenue of ₹763.58 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 17% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹763.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹234.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹97.83 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.7% | ||||
| Net Profit Margin | 12.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Dinesh Engineers Limited, buy the company report.
Board of directors of Dinesh Engineers Limited
Dinesh Engineers has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kollaiah Kargal Also directs: Gasonet Services (UK) Limited, Gasonet Services (RJ) Limited, Gasonet Services (HP) Limited and 4 more | Managing Director | 07 Feb 2006 | 20 Years 8 Months | Current |
| Shashikala Dinesh Kargal Also directs: Gasonet Services (UK) Limited, Gasonet Services (RJ) Limited, Gasonet Services (HP) Limited and 2 more | Whole-Time Director | 07 Feb 2006 | 20 Years 8 Months | Current |
| Darshankumar Dinesh Kargal Also directs: Gasonet Services (UK) Limited, Gasonet Services (RJ) Limited, Gasonet Services (HP) Limited and 3 more | Director | 20 Nov 2017 | 8 Years 11 Months | Current |
| Tatyasaheb Alagouda Patil | Director | 26 Dec 2022 | 3 Years 10 Months | Current |
| Sandeep Baldev Budhrani Also directs: Ashwini Worldwide LLP, Budhrani Energy Solutions LLP | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Namrataa Darshankumar Kargal | Director | 01 Jul 2022 | 4 Years 4 Months | Current |
Peer comparison
Dinesh Engineers Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tower Vision India Private Limited | ₹1,299.3 Cr (FY 2024) | 8.0% | Secunderabad, Telangana, India | |||
| Powergrid Teleservices Limited | ₹1,128.1 Cr (FY 2025) | 24.0% | Delhi, India | |||
| Ceragon Networks India Private Limited | ₹827.65 Cr (FY 2025) | 295.0% | New Delhi, Delhi, India | |||
| Dinesh Engineers Limitedthis company | ₹763.58 Cr (FY 2025) | ₹97.83 Cr | 12.8% | -29.0% | 163 | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Dinesh Engineers Limited, buy the company report.
Auditor
Dinesh Engineers Limited is audited by Mansaka Ravi & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mansaka Ravi & Associates | FY 2024 | 015023C |
Shareholding
The shareholding of Dinesh Engineers Limited 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dinesh Engineers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2026 | 101357109 | Axis Bank Limited | ₹10 Cr | Open | |
| 28 Apr 2026 | 101293725 | Standard Chartered Bank | ₹100 Cr | Open | |
| 30 Mar 2026 | 101264103 | Others | ₹15 Cr | Open | |
| 29 Nov 2025 | 101205119 | Others | ₹23 Cr | Open | |
| 31 Oct 2025 | 101182801 | Others | ₹25 Cr | Open |
To see the full charge records of Dinesh Engineers Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Dinesh Engineers Limited has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹100.24 Cr; the latest was in December 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Debt financing | ₹100 Cr | Investors: Vivriti Capital, Vivriti Alpha Debt Fund - Enhanced |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Jul 2012 | Funding round | ₹24 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dinesh Engineers Limited has 38 court cases on record: 14 filed by Dinesh Engineers, 24 filed against it. 8 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 20 | 6 |
| High courts | 12 | 3 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0302-Arbitration Law and Other Alternative Dispute Resolution : SLPs relating to appointment of arbitrator, arising out of applications under Section 8, removal of arbitrator, termination of mandate of arbitrator under Arbitration Act, 1940, and Arbitration and Conciliation Act, 1996.) | Filed against the company by M/S Prism Infra Projects | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Joister Infoserve Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Jet Netcom Broadband Pvt Ltd Through Kishore Shivaji Salunkhe | Pending |
| High Court, MAHARASHTRA | Court case (ARP) | Filed against the company by M S Jetway Broadband India Pvt. Ltd and 2 others | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by an individual | Pending |
To see the full case history of Dinesh Engineers 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.
Credit ratings & regulatory alerts
Dinesh Engineers Limited was last rated by Care on 20 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Mar 2023 |
To see the full credit ratings and regulatory alerts of Dinesh Engineers Limited, buy the company report.
MSME payment delays
Dinesh Engineers Limited has 22 MSME Form 1 returns on record between 2018 and 2024, listing 1,190 overdue payments to 163 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 163)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gsus Star Technologie Private Limited | |||
| Gridline Technologies | |||
| an individual supplier | |||
| B.P. Logistics Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Dinesh Engineers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Dinesh Engineers has 7 subsidiary 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 |
|---|---|---|
| Gasonet Services (UK) Limited | U40100MH2022PLC384233 | |
| Gasonet Services (RJ) Limited | U40106MH2022PLC382453 | |
| Gasonet Services (HP) Limited | U40200MH2022PLC382454 | |
| Depl Projects Limited | U45201MH2022PLC380234 | |
| Depl O&M Limited | U64200MH2022PLC380597 | |
| Dataexpress Private Limited | U64203MH2017PTC293759 |
To see the full group structure of Dinesh Engineers Limited, buy the company report.
Employees & EPFO
Dinesh Engineers Limited has a workforce of 163 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Dinesh Engineers has 20 GST registrations: 19 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD3117C1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCD3117C2Z8 | Maharashtra | Active | 26 Mar 2025 |
| 08AACCD3117C1Z9 | Rajasthan | Active | 01 Jul 2017 |
| 10AACCD3117C1ZO | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dinesh Engineers Limited, buy the company report.
Recent activity
Dinesh Engineers Limited has 16 board changes on record since 2006: 7 appointments and 9 cessations. The latest: Natwar Kumar Kanwatia was appointed as CFO on 14 Dec 2023.
88 earlier events are in the company report.
Frequently asked questions
Dinesh Engineers is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 07 February 2006 (20+ years old) and is registered under CIN U31200MH2006PLC159570.
Dinesh Engineers has 6 current directors:
- Dinesh Kollaiah Kargal - Managing Director
- Shashikala Dinesh Kargal - Whole-Time Director
- Darshankumar Dinesh Kargal - Director
- Tatyasaheb Alagouda Patil - Director
- Sandeep Baldev Budhrani - Director
- Namrataa Darshankumar Kargal - Director
The latest financial statements of Dinesh Engineers 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 Dinesh Engineers is 27AACCD3117C1Z9, registered in Maharashtra. The company has 20 GST registrations in all, of which 19 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCD3117C2Z8 (Maharashtra), 08AACCD3117C1Z9 (Rajasthan), 10AACCD3117C1ZO (Bihar).
The CIN (Corporate Identification Number) of Dinesh Engineers is U31200MH2006PLC159570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dinesh Engineers has 38 court cases on record: 14 filed by the company and 24 filed against it. 8 are pending. Most are in the district courts.
Dinesh Engineers was incorporated on 07 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Dinesh Engineers has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹100.24 Cr; the latest was in December 2023.
The peers of Dinesh Engineers by revenue are Tower Vision India Private Limited, Powergrid Teleservices Limited, Ceragon Networks India Private Limited, all in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Natwar Kumar Kanwatia was appointed as CFO on 14 Dec 2023. Darshankumar Dinesh Kargal ceased to be CFO on 13 Dec 2023. Tatyasaheb Alagouda Patil ceased to be Additional Director on 29 Sep 2023. Dinesh Engineers has 16 board changes on record in total.
Dinesh Engineers has 22 MSME Form 1 returns on record between 2018 and 2024, listing 1,190 overdue payments to 163 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Dinesh Engineers can be reached through the website depl.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.
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