About Dra Industries Limited
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Dra Industries Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27106TN2008PLC066844. Its GSTIN is 33AAHCA0323J1Z5 (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.12 Cr. It was formerly known as Ars Industries Limited. and Dra Industries Private Limited. It is led by directors including Deepak Kumar Bhatia (Managing Director) and Sumit Bhatia.
Its last annual general meeting (AGM) was held on 21 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2019, the company reported a revenue of ₹410.3 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹4.16 Cr (net margin 1%) and EBITDA of ₹20.31 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 13% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹106.07 Cr on record. Court records list 184 cases involving the company, including 126 filed by the company and 58 filed against it; 22 cases are pending. The company has 30 deals on record (23 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹37.22 Cr; the latest was in August 2018. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Kamachi Industries Limited with revenue of ₹414.2 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 draindustries.in.
Company details
Name history
Dra Industries has undergone 2 name changes throughout its history. The company was previously known as Ars Industries Limited., and Dra Industries Private Limited. The current legal name is Dra Industries Limited.
| Company Name | Status |
|---|---|
| Dra Industries Limited | Current |
| Ars Industries Limited. | Previous |
| Dra Industries Private Limited | Previous |
Contact details
Dra Industries Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address106 Ten Square Mall III Floor Shop No. 423 & 424 Inner Ring Road Jawaharlal Nehru Salai, Koyambedu, Chennai, Tamil Nadu, India – 600107
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Dra Industries 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 Dra Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Dra Industries Limited, buy the company report.
Financials of Dra Industries Limited
FY 2019 filings availableDra Industries Limited reported revenue of ₹410.3 Cr (up 42% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 42% growth in the latest year. EBITDA rose 71% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹410.3 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.16 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Dra Industries Limited, buy the company report.
Board of directors of Dra Industries Limited
Dra Industries has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Bhatia | Director | 17 Mar 2008 | 18 Years 7 Months | Current |
| Sandeep Sharma | Director | 18 Mar 2013 | 13 Years 7 Months | Current |
| Deepak Kumar Bhatia | Managing Director | 17 Mar 2008 | 18 Years 7 Months | Current |
Peer comparison
Dra Industries Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kamachi Industries Limited | ₹414.2 Cr (FY 2025) | -58.0% | Gummidipundi, Tamil Nadu, India | |||
| Vaswani Industries Limited | ₹414.01 Cr (FY 2025) | 6.0% | Raipur, Chhattisgarh, India | |||
| Agarwal Induction Furnace Private Limited | ₹412.52 Cr (FY 2024) | -50.0% | Bangalore, Karnataka, India | |||
| Ska Steel and Power Private Limited | ₹411.85 Cr (FY 2025) | -17.0% | Raipur, Chhattisgarh, India | |||
| Dra Industries Limitedthis company | ₹410.3 Cr (FY 2019) | ₹4.16 Cr | 1% | 42.0% | 49 | Chennai, Tamil Nadu, India |
| Saboo Tor Private Limited | ₹410.14 Cr (FY 2024) | -1.0% | Himachal Pradesh, India | |||
| Shriram Navinkumar & Sons Ispat Private Limited | ₹408.98 Cr (FY 2025) | -22.0% | Raipur, Chhattisgarh, India | |||
| Agroha Steel and Power Private Limited | ₹408.2 Cr (FY 2025) | -21.0% | Raigarh, Chhattisgarh, India | |||
| Ans Steel Tubes Limited | ₹407.31 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Dra Industries Limited, buy the company report.
Auditor
Dra Industries Limited is audited by A J DEORA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A J DEORA & ASSOCIATES | FY 2019 | 000711S |
Shareholding
The shareholding of Dra Industries Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dra Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2019 | 100265435 | Axis Bank Limited | ₹32.96 Lakh | Open | |
| 19 Sep 2018 | 100235419 | Others | ₹40.36 Lakh | Open | |
| 02 Jul 2011 | 10340891 | Hdfc Bank Limited | ₹26.5 Lakh | Open | |
| 01 Aug 2009 | 10170542 | Indian Overseas Bank | ₹105.07 Cr | Open |
To see the full charge records of Dra Industries Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Dra Industries Limited has 30 deals on record (23 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹37.22 Cr; the latest was in August 2018.
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹98.4 Lakh | Investors: Sri Ayya Steels Private Limited |
| Apr 2017 | Funding round | ₹5.57 Cr | Investors: Sri Ayya Steels Private Limited , Prime Vista Company Limited |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Rajaram Food Products India Limited |
| Feb 2013 | Funding round | ₹6.58 Cr | Investors: Emcosons Trading Llc, 3 individuals |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Jai Shree Ram Vyapaar Pvt Ltd , Darshan Vyapaar Pvt. Ltd. |
To see the full deal history of Dra Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dra Industries Limited has 184 court cases on record: 126 filed by Dra Industries, 58 filed against it. 22 cases are pending and 162 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 91 | 33 | 3 |
| High courts | 86 | 19 | 15 |
| NCLT | 3 | 3 | 1 |
| NCLAT | 3 | 3 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 184)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed against the company by M/S Heraeus Technologies India Pvt. Ltd. | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Ltd.. and 3 others | Pending |
| District court, Nellore, Andhra Pradesh | Civil suit | Filed by the company against M/S TM Tyres Limited, Rep. by Its Director Mr. K.T. Reddy | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by Jba Steels Private Limited | Disposed |
| NCLT, Chennai | Company petition | Filed against the company by Madhav Pipes & Tubes Pvt Ltd and 5 others | Disposed |
To see the full case history of Dra Industries 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
Dra Industries Limited was last rated by Brickwork on 01 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 01 Oct 2020 |
To see the full credit ratings and regulatory alerts of Dra Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dra Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dra Industries Limited has a workforce of 49 employees on its EPFO records as of Mar 26, 2025, across 1 active EPFO establishment.
GST
Dra Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCA0323J1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAHCA0323J1ZX | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dra Industries Limited, buy the company report.
Recent activity
Dra Industries Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Sumit Bhatia ceased to be Director on 09 Apr 2021.
10 earlier events are in the company report.
Frequently asked questions
Dra Industries is an active public limited company based in Chennai, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 March 2008 (18+ years old) and is registered under CIN U27106TN2008PLC066844.
Dra Industries has 3 current directors:
- Deepak Kumar Bhatia - Managing Director
- Sumit Bhatia - Director
- Sandeep Sharma - Director
The latest financial statements of Dra Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 21 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Dra Industries is 33AAHCA0323J1Z5, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAHCA0323J1ZX (Andhra Pradesh).
The CIN (Corporate Identification Number) of Dra Industries is U27106TN2008PLC066844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dra Industries has 184 court cases on record: 126 filed by the company and 58 filed against it. 22 are pending. Most are in the district courts.
Dra Industries was incorporated on 17 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Dra Industries has 30 deals on record (23 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹37.22 Cr; the latest was in August 2018.
The peers of Dra Industries by revenue are Kamachi Industries Limited, Vaswani Industries Limited, Agarwal Induction Furnace Private Limited, Ska Steel and Power Private Limited, Saboo Tor Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sumit Bhatia ceased to be Director on 09 Apr 2021. Sangeethapriya ceased to be Additional Director on 21 Sep 2019. Khandelwal Hemant ceased to be Director on 08 Jul 2018. Dra Industries has 14 board changes on record in total.
Dra Industries can be reached through the website draindustries.in. Its registered office is in Chennai, Tamil Nadu, India.