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NDS Eco Drives Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.78 Cr
▲ 200% YoY
Net profit · FY 2024
₹2.11 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹11.4 Lakh
EBITDA margin 6.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹55 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About NDS Eco Drives Private Limited
Data last updated:
NDS Eco Drives Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 28 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35900KA2019PTC130165. Its GSTIN is 29AAGCN7756F1Z0 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55 Lakh. It is led by directors including Manyam Reddy Hemadri and Manyam Reddy Natish.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 936 S.No 05 Kaveri School Rd I Floor Sree Balaji Nilaya 9th Main Chw Layout, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.11 Lakh (net margin 1.2%) and EBITDA of ₹11.4 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 308% over three years.
As per MCA filings, the company has open charges of ₹1 Cr on record.
NDS Eco Drives Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0107886). For more details, the company can be reached via its website ndsecodrives.com.
Company details
CIN U35900KA2019PTC130165
Registration Number 130165
Incorporation Date 28 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0107886
Recognitions & Rankings of NDS Eco Drives
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0107886
Contact details
NDS Eco Drives Private Limited's registered office is in Bangalore, Karnataka. Its website is ndsecodrives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 936 S.No 05 Kaveri School Rd I Floor Sree Balaji Nilaya 9th Main Chw Layout, Bangalore, Karnataka, India – 560037
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of NDS Eco Drives Private Limited, buy the company report.
Comprehensive company report
NDS Eco 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 NDS Eco Drives is manufacturing. In detail, this covers manufacture of tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 12 | Manufacture of tobacco products |
To see the full business activity and turnover split of NDS Eco Drives Private Limited, buy the company report.
Financials of NDS Eco Drives Private Limited
FY 2024 filings availableNDS Eco Drives Private Limited reported revenue of ₹1.78 Cr (up 200% YoY) for FY 2024.
Revenue · FY 2024
₹1.78 Cr ▲ 200%
Net profit · FY 2024
₹2.11 Lakh margin 1.2%
EBITDA · FY 2024
₹11.4 Lakh margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 200%
3 years · compounded
▲ 308%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 125%
Revenue has grown at a compounded annual rate (CAGR) of 308% over three years, including 200% growth in the latest year. EBITDA fell 38% 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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| Total Expenses | |||||
| EBITDA | ₹11.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.11 Lakh | ||||
| 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 | 6.4% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of NDS Eco Drives Private Limited, buy the company report.
Board of directors of NDS Eco Drives Private Limited
NDS Eco Drives has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manyam Reddy Hemadri Also directs: NDS Eco Motors Private Limited | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
| Manyam Reddy Natish Also directs: NDS Eco Motors Private Limited | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
| Manyam Reddy Deepika Also directs: NDS Eco Motors Private Limited | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
Auditor
NDS Eco Drives Private Limited is audited by GRSM & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRSM & Associates | FY 2022 | 000863S |
Shareholding
The shareholding of NDS Eco Drives Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of NDS Eco Drives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2022 | 100603501 | State Bank of India | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving NDS Eco Drives 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 NDS Eco Drives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NDS Eco Drives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN7756F1Z0 | Karnataka | Active | 19 Dec 2019 |
To see the full GST registrations and return filing status of NDS Eco Drives Private Limited, buy the company report.
Recent activity
NDS Eco Drives Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Manyam Reddy Deepika was appointed as Director on 28 Nov 2019.
AGM
Nds Eco Drives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nds Eco Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 1.00 Cr with Charge ID 100603501 was registered on 12 Aug 2022.
Appointed
Manyam Reddy Deepika was appointed as Director.
Appointed
Manyam Reddy Hemadri was appointed as Director.
Appointed
Manyam Reddy Natish was appointed as Director.
Incorporation
28 Nov 2019
Nds Eco Drives Private Limited was registered on 28 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.
Frequently asked questions
NDS Eco Drives is an active private limited company based in Bangalore, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 28 November 2019 (7+ years old) and is registered under CIN U35900KA2019PTC130165.
NDS Eco Drives has 3 current directors:
- Manyam Reddy Hemadri - Director
- Manyam Reddy Natish - Director
- Manyam Reddy Deepika - Director
The latest financial statements of NDS Eco Drives on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of NDS Eco Drives is 29AAGCN7756F1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of NDS Eco Drives is U35900KA2019PTC130165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NDS Eco Drives was incorporated on 28 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Manyam Reddy Deepika was appointed as Director on 28 Nov 2019. Manyam Reddy Hemadri was appointed as Director on 28 Nov 2019. Manyam Reddy Natish was appointed as Director on 28 Nov 2019.
Yes, NDS Eco Drives is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, NDS Eco Drives is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0107886).
NDS Eco Drives can be reached through the website ndsecodrives.com. Its registered office is in Bangalore, Karnataka, India.
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