Startup India Government of India
Multiplex Drone Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.41 Cr
▲ 571% YoY
Net profit · FY 2024
₹2.24 Cr
Net margin 21.6%
EBITDA · FY 2024
₹2.76 Cr
EBITDA margin 26.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹3.3 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Multiplex Drone Private Limited
Data last updated:
Multiplex Drone Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 16 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC126268. Its GSTIN is 29AAMCM8127D1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mahesh Gopalakrishna Shetty and Nishchitha Katkeri Shetty.
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 No 180 1st Main Road Mahalakshi Layout, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.24 Cr (net margin 21.6%) and EBITDA of ₹2.76 Cr (EBITDA margin 26.6%). Revenue has grown at a compounded annual rate (CAGR) of 122% over three years.
The company is associated with 1 brand: Multiplex Drone. As per MCA filings, the company has open charges of ₹3.3 Cr on record.
Multiplex Drone Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0160214). For more details, the company can be reached via its website multiplexdrone.com.
Company details
CIN U72900KA2019PTC126268
Registration Number 126268
Incorporation Date 16 July 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0160214
Recognitions & Rankings of Multiplex Drone
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0160214
Contact details
Multiplex Drone Private Limited's registered office is in Bangalore, Karnataka. Its website is multiplexdrone.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 180 1st Main Road Mahalakshi Layout, Bangalore, Karnataka, India – 560086
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Multiplex Drone Private Limited, buy the company report.
Comprehensive company report
Multiplex Drone 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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Brands
Multiplex Drone operates one associated brand: Multiplex Drone. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures agricultural drones and provides spraying, mapping, and training services. | multiplexdrone.com |
Business activity
The main business activity of Multiplex Drone is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Multiplex Drone Private Limited, buy the company report.
Financials of Multiplex Drone Private Limited
FY 2025 filings availableMultiplex Drone Private Limited reported revenue of ₹10.41 Cr (up 571% YoY) for FY 2024.
Revenue · FY 2024
₹10.41 Cr ▲ 571%
Net profit · FY 2024
₹2.24 Cr margin 21.6%
EBITDA · FY 2024
₹2.76 Cr margin 26.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 571%
3 years · compounded
▲ 122%
EBITDA CAGR growth
1 year
▲ 373%
3 years · compounded
▲ 93%
Revenue has grown at a compounded annual rate (CAGR) of 122% over three years, including 571% growth in the latest year. EBITDA rose 373% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.76 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.24 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.6% | ||||
| Net Profit Margin | 21.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Multiplex Drone Private Limited, buy the company report.
Board of directors of Multiplex Drone Private Limited
Multiplex Drone has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Gopalakrishna Shetty Also directs: Skydealz India Property Services LLP, Urbi Farm LLP, M S Pride Properties LLP and 5 more | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
| Nishchitha Katkeri Shetty | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Multiplex Drone Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crop Circle Private Limited | ₹10.48 Cr (FY 2025) | 42.0% | Jaipur, Rajasthan, India | |||
| Natura Greentech Private Limited | ₹10.46 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Safalkrushi Agro Producer Company Limited | ₹10.45 Cr (FY 2025) | 409.0% | Latur, Maharashtra, India | |||
| Rawatsar Agro Biotech Farmers Producer Company Limited | ₹10.43 Cr (FY 2025) | 669.0% | Rawatsar, Rajasthan, India | |||
| Aroxa Crop Science Private Limited | ₹10.41 Cr (FY 2025) | -3.0% | Ahmedabad, Gujarat, India | |||
| Multiplex Drone Private Limitedthis company | ₹10.41 Cr (FY 2024) | ₹2.24 Cr | 21.6% | 571.0% | Bangalore, Karnataka, India | |
| Shree Chhatrapati Shahu Milk & Agro Producer Company Limited | ₹10.39 Cr (FY 2025) | -14.0% | Kagal, Maharashtra, India | |||
| Cistronics Technovations Private Limited | ₹10.38 Cr (FY 2024) | -7.0% | Ahmedabad, Gujarat, India | |||
| Dumraon Farmer Producer Company Limited | ₹10.37 Cr (FY 2024) | -3.0% | Buxar, Bihar, India | |||
| Nidhi Seeds Private Limited | ₹10.37 Cr (FY 2019) | -5.0% | Hyderabad, Telangana, India | |||
| Kapsit Rice Mill Pvt Ltd | ₹10.35 Cr (FY 2025) | 15.0% | Hooghly, West Bengal, India |
To see the full peer comparison of Multiplex Drone Private Limited, buy the company report.
Auditor
Multiplex Drone Private Limited is audited by PREETHAM S SHETTY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREETHAM S SHETTY | FY 2022 | 236728 |
Shareholding
The shareholding of Multiplex Drone Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Multiplex Drone Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101157518 | Hdfc Bank Limited | ₹5.8 Lakh | Open | |
| 16 Jul 2024 | 100949996 | Hdfc Bank Limited | ₹8.89 Lakh | Open | |
| 22 Sep 2023 | 100891376 | Hdfc Bank Limited | ₹14.91 Lakh | Open | |
| 13 Jun 2023 | 100755725 | Hdfc Bank Limited | ₹3 Cr | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Multiplex Drone Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Multiplex Drone Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Multiplex Drone has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM8127D1Z8 | Karnataka | Active | 01 Aug 2019 |
To see the full GST registrations and return filing status of Multiplex Drone Private Limited, buy the company report.
Recent activity
Multiplex Drone Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mahesh Gopalakrishna Shetty was appointed as Director on 16 Jul 2019.
AGM
Multiplex Drone Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.80 Lakh with Charge ID 101157518 was registered on 02 Sep 2025.
Filing
Multiplex Drone Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.89 Lakh with Charge ID 100949996 was registered on 16 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.91 Lakh with Charge ID 100891376 was registered on 22 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100755725 was registered on 13 Jun 2023.
Appointed
Mahesh Gopalakrishna Shetty was appointed as Director.
Appointed
Nishchitha Katkeri Shetty was appointed as Director.
Incorporation
16 Jul 2019
Multiplex Drone Private Limited was registered on 16 Jul 2019 with Roc Bangalore & aged 7 years 3 months as per MCA records.
Frequently asked questions
Multiplex Drone is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 16 July 2019 (7+ years old) and is registered under CIN U72900KA2019PTC126268.
Multiplex Drone has 2 current directors:
- Mahesh Gopalakrishna Shetty - Director
- Nishchitha Katkeri Shetty - Director
The latest financial statements of Multiplex Drone 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 FY 2020 are in the company report.
The GSTIN of Multiplex Drone is 29AAMCM8127D1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Multiplex Drone is U72900KA2019PTC126268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multiplex Drone was incorporated on 16 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Multiplex Drone by revenue are Crop Circle Private Limited, Natura Greentech Private Limited, Safalkrushi Agro Producer Company Limited, Rawatsar Agro Biotech Farmers Producer Company Limited, Aroxa Crop Science Private Limited and 5 more, all in the same principal business activity (support activities to agriculture and other activities including hunting).
Mahesh Gopalakrishna Shetty was appointed as Director on 16 Jul 2019. Nishchitha Katkeri Shetty was appointed as Director on 16 Jul 2019.
Yes, Multiplex Drone is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Multiplex Drone is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0160214).
Multiplex Drone can be reached through the website multiplexdrone.com. Its registered office is in Bangalore, Karnataka, India.