MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0078961
Passenger Drone Research Private Limited - information technology in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.53 Cr
▲ 49% YoY
Net loss · FY 2025
₹1.44 Cr
Net margin -19.1%
EBITDA · FY 2025
-₹47.73 Lakh
EBITDA margin -6.3%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹1.91 Cr
Issued & subscribed
Open charges
₹2.47 Cr
Satisfied ₹94.14 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
15
Provident fund records
About Passenger Drone Research Private Limited
Data last updated:
Passenger Drone Research Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 26 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73200MH2018PTC316355. Its GSTIN is 27AAKCP1648Q1ZO (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.91 Cr. It is led by directors including Chandramauli Kripashankar Dwivedi and Vishal Ambadas Dharankar.
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 Office No. 601 Royal Arc Avenue, Nashik, Maharashtra, India – 422005.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.53 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹1.44 Cr (net margin -19.1%) and EBITDA of -₹47.73 Lakh (EBITDA margin -6.3%). Revenue has grown at a compounded annual rate (CAGR) of 158% over three years and 124% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: AeroMegh and PDRL. As per MCA filings, the company has open charges of ₹2.47 Cr and satisfied charges of ₹94.14 Lakh on record. The company has 13 deals on record (9 funding rounds, 3 rights issues, 1 acquisition), with disclosed funding of ₹6.06 Cr; the latest was in May 2023. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 3 micro and small suppliers.
Passenger Drone Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0078961). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aeromegh.com.
Company details
CIN U73200MH2018PTC316355
Registration Number 316355
Incorporation Date 26 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0078961
Key People
Chandramauli Kripashankar Dwivedi Director Vishal Ambadas Dharankar Director Rakhi Anil Chandaliya Director Recognitions & Rankings of Passenger Drone Research
Contact details
Passenger Drone Research Private Limited's registered office is in Nashik, Maharashtra. Its website is aeromegh.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 601 Royal Arc Avenue, Nashik, Maharashtra, India – 422005
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Passenger Drone Research Private Limited, buy the company report.
Comprehensive company report
Passenger Drone Research 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
Passenger Drone Research operates two associated brands: AeroMegh and PDRL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides drone software solutions for a variety of applications. | aeromegh.com | |
| Drone software, GeoAI platform, and farmer-DSP connection tools are developed. | pdrl.in |
Business activity
The main business activity of Passenger Drone Research is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Passenger Drone Research Private Limited, buy the company report.
Financials of Passenger Drone Research Private Limited
FY 2024 filings availablePassenger Drone Research Private Limited reported revenue of ₹7.53 Cr (up 49% YoY) for FY 2025.
Revenue · FY 2025
₹7.53 Cr ▲ 49%
Net loss · FY 2025
₹1.44 Cr margin -19.1%
EBITDA · FY 2025
-₹47.73 Lakh margin -6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 158%
5 years · compounded
▲ 124%
EBITDA CAGR growth
1 year
▼ 155%
3 years · compounded
▼ 83%
5 years · compounded
▼ 76%
Revenue has grown at a compounded annual rate (CAGR) of 124% over five years, including 49% growth in the latest year. EBITDA fell 155% 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 |
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| EBITDA | -₹47.73 Lakh | ||||
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| Net Profit (PAT) | -₹1.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -6.3% | ||||
| Net Profit Margin | -19.1% | ||||
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To see the full financial statements and ratios of Passenger Drone Research Private Limited, buy the company report.
Board of directors of Passenger Drone Research Private Limited
Passenger Drone Research has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandramauli Kripashankar Dwivedi Also directs: MD Teq Analytics Consultancy Private Limited | Director | 01 Oct 2025 | 1 Years 0 Months | Current |
| Vishal Ambadas Dharankar Also directs: Zeecora Analytics LLP | Director | 24 Feb 2021 | 5 Years 8 Months | Current |
| Rakhi Anil Chandaliya Also directs: Bhumeet Digital Private Limited | Director | 24 Feb 2021 | 5 Years 8 Months | Current |
| Anil Chandaliya Brijpal Also directs: Bhumeet Digital Private Limited | Director | 26 Oct 2018 | 7 Years 11 Months | Current |
Auditor
Passenger Drone Research Private Limited is audited by KAMLESH S CHHAJED & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMLESH S CHHAJED & ASSOCIATES | FY 2024 | 126699W |
Shareholding
The shareholding of Passenger Drone Research Private 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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Passenger Drone Research Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.47 Cr
Satisfied charges
₹94.14 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2024 | 100881111 | Hdfc Bank Limited | ₹2.47 Cr | Open | |
| 08 Jan 2020 | 100328021 | Canara Bank | ₹94.14 Lakh | Satisfied |
To see the full charge records of Passenger Drone Research Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Passenger Drone Research Private Limited has 13 deals on record (9 funding rounds, 3 rights issues, 1 acquisition), with disclosed funding of ₹6.06 Cr; the latest was in May 2023.
Total deals
13
Funding rounds
9
Rights issues
3
Acquisition
1
Disclosed funding
₹6.06 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Funding round · Pre-Series A | ₹3.5 Cr | Investors: Bestvantage Investments, an individual |
| Jul 2022 | Funding round | ₹60.1 Lakh | Investors: 4 individuals |
| Dec 2021 | Rights issue | ₹16.5 Lakh | Investors: 2 individuals |
| Jul 2021 | Rights issue | ₹11.8 Lakh | Investors: 2 individuals |
| Oct 2019 | Rights issue | ₹17.3 Lakh | Investors: 4 individuals |
To see the full deal history of Passenger Drone Research Private 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
No court or tribunal cases involving Passenger Drone Research 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
Passenger Drone Research Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Pointmatrix IT Services Private Limited | |||
| Cybersigma Consulting Services LLP |
To see the full MSME payment records of Passenger Drone Research Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Passenger Drone Research Private Limited has a workforce of 15 employees on its EPFO records as of Mar 14, 2025, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
7.14%
GST
Passenger Drone Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP1648Q1ZO | Maharashtra | Active | 20 Mar 2019 |
To see the full GST registrations and return filing status of Passenger Drone Research Private Limited, buy the company report.
Recent activity
Passenger Drone Research Private Limited has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Chandramauli Kripashankar Dwivedi was appointed as Director on 01 Oct 2025.
Appointed
Chandramauli Kripashankar Dwivedi was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 2.47 Cr registered on 17 Feb 2024 with Charge ID 100881111 was modified on 13 Mar 2025.
AGM
Passenger Drone Research Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Passenger Drone Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.47 Cr with Charge ID 100881111 was registered on 17 Feb 2024.
Charges
A charge registered on 08 Jan 2020 via Charge ID 100328021 with Canara Bank was fully satisfied on 19 Jan 2024.
Ceased
Rajeev Papneja ceased to be Additional Director.
Ceased
Rakhi Anil Chandaliya ceased to be Additional Director.
Ceased
Vishal Ambadas Dharankar ceased to be Additional Director.
Charges
A charge with Canara Bank of Rs. 0.94 Cr registered on 08 Jan 2020 with Charge ID 100328021 was modified on 25 Mar 2021.
Ceased
Nilesh Pawar Surendra ceased to be Director.
Appointed
Rakhi Anil Chandaliya was appointed as Director.
4 earlier events are in the company report.
News
Frequently asked questions
Passenger Drone Research is an active private limited company based in Nashik, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 26 October 2018 (8+ years old) and is registered under CIN U73200MH2018PTC316355.
Passenger Drone Research has 4 current directors:
- Chandramauli Kripashankar Dwivedi - Director
- Vishal Ambadas Dharankar - Director
- Rakhi Anil Chandaliya - Director
- Anil Chandaliya Brijpal - Director
The latest financial statements of Passenger Drone Research 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 2019 are in the company report.
The GSTIN of Passenger Drone Research is 27AAKCP1648Q1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Passenger Drone Research is U73200MH2018PTC316355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Passenger Drone Research was incorporated on 26 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Passenger Drone Research has 13 deals on record (9 funding rounds, 3 rights issues, 1 acquisition), with disclosed funding of ₹6.06 Cr; the latest was in May 2023.
Chandramauli Kripashankar Dwivedi was appointed as Director on 01 Oct 2025. Rajeev Papneja ceased to be Additional Director on 30 Sep 2021. Rakhi Anil Chandaliya ceased to be Additional Director on 30 Sep 2021. Passenger Drone Research has 8 board changes on record in total.
Yes, Passenger Drone Research is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0078961).
Passenger Drone Research has 2 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 01 May 2024.
Passenger Drone Research can be reached through the website aeromegh.com. Its registered office is in Nashik, Maharashtra, India.