Pioneer Drilltech India Private Limited

Pioneer Drilltech India Private Limited - machinery and equipment in Tiruchengode, Tamil Nadu, India. Directors, charges & compliance details.
CIN U29222TZ2017PTC029671 Incorporated 17 November 2017 ROC Coimbatore HQ Tiruchengode, Tamil Nadu, India
Active Private Limited Company machinery and equipment MSME · Micro
Revenue · FY 2024
₹1.25 Cr
▲ 195% YoY
Net profit · FY 2024
₹72.86 Lakh
Net margin 58.2%
EBITDA · FY 2024
₹85.08 Lakh
EBITDA margin 68%
Authorised capital
₹1.3 Cr
Registered with MCA
Paid-up capital
₹1.3 Cr
Issued & subscribed
Satisfied charges
₹2.7 Cr
No open charges
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Pioneer Drilltech India Private Limited

Data last updated:

Pioneer Drilltech India Private Limited is a private limited company based in Tiruchengode, Tamil Nadu, India. It operates in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29222TZ2017PTC029671.

The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.3 Cr. It is led by directors Venkatachalam Gnanasekaran (Managing Director) and Sanjeevkumar Gnanasekaran.

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 Pioneer Plaza 212 Sankari Road Seetharampalayam, Tiruchengode, Tamil Nadu, India – 637209.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹72.86 Lakh (net margin 58.2%) and EBITDA of ₹85.08 Lakh (EBITDA margin 68%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 110% over five years.

As per MCA filings, the company has satisfied charges of ₹2.7 Cr on record.

Pioneer Drilltech India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-14-0001399). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29222TZ2017PTC029671
Registration Number 029671
Incorporation Date 17 November 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-14-0001399
Key People
Venkatachalam Gnanasekaran Managing Director Sanjeevkumar Gnanasekaran Director

Recognitions & Rankings of Pioneer Drilltech India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-14-0001399

Contact details

Pioneer Drilltech India Private Limited's registered office is in Tiruchengode, Tamil Nadu.

  • Registered Address
    Pioneer Plaza 212 Sankari Road Seetharampalayam, Tiruchengode, Tamil Nadu, India – 637209
  • Industry
    Machinery and Equipment, Construction Machinery & Equipment
Comprehensive company report
Pioneer Drilltech India 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 Pioneer Drilltech India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Pioneer Drilltech India Private Limited, buy the company report.

Financials of Pioneer Drilltech India Private Limited

FY 2025 filings available

Pioneer Drilltech India Private Limited reported revenue of ₹1.25 Cr (up 195% YoY) for FY 2024.

Revenue · FY 2024
₹1.25 Cr ▲ 195%
Net profit · FY 2024
₹72.86 Lakh margin 58.2%
EBITDA · FY 2024
₹85.08 Lakh margin 68%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 195%
3 years · compounded
▼ 9%
5 years · compounded
▲ 110%
EBITDA CAGR growth
1 year
▲ 407%
3 years · compounded
▲ 129%
5 years · compounded
▲ 229%

Revenue has grown at a compounded annual rate (CAGR) of 110% over five years, including 195% growth in the latest year. EBITDA rose 407% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹85.08 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹72.86 Lakh
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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin68%
Net Profit Margin58.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Pioneer Drilltech India Private Limited, buy the company report.

Board of directors of Pioneer Drilltech India Private Limited

Pioneer Drilltech India has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjeevkumar Gnanasekaran
Also directs: Nimbus Accounting Outsourcing Private Limited
Director17 Nov 20178 Years 11 MonthsCurrent
Venkatachalam GnanasekaranManaging Director17 Nov 20178 Years 11 MonthsCurrent
View all directors

Peer comparison

Pioneer Drilltech India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Construction Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Spectra Equipments Private Limited₹1.29 Cr (FY 2025)44.0%Medak, Telangana, India
JK Rajendra Mix and Lift Private Limited₹1.26 Cr (FY 2024)165.0%Ambikapur, Chhattisgarh, India
Pioneer Drilltech India Private Limitedthis company₹1.25 Cr (FY 2024)₹72.86 Lakh58.2%195.0%Tiruchengode, Tamil Nadu, India
Apple Equipments Private Limited₹1.17 Cr (FY 2025)-22.0%Mehsana, Gujarat, India

To see the full peer comparison of Pioneer Drilltech India Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.7 Cr
Breakdown by lending institutions
Others₹2.30 Cr
State Bank of India₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Mar 2021100433068Others₹5 LakhSatisfied
02 Aug 2019100284930Others₹9.2 LakhSatisfied
22 Apr 2019100257296State Bank of India₹40 LakhSatisfied
12 Dec 2018100223641Others₹2.16 CrSatisfied

To see the full charge records of Pioneer Drilltech India Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pioneer Drilltech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Pioneer Drilltech India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Pioneer Drilltech India Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Sanjeevkumar Gnanasekaran was appointed as Director on 17 Nov 2017.

AGM
Pioneer Drilltech India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pioneer Drilltech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge registered on 22 Apr 2019 via Charge ID 100257296 with State Bank Of India was fully satisfied on 29 Mar 2023.
Charges
A charge registered on 31 Mar 2021 via Charge ID 100433068 with Others was fully satisfied on 03 Jan 2023.
Charges
A charge registered on 02 Aug 2019 via Charge ID 100284930 with Others was fully satisfied on 03 Jan 2023.
Charges
A charge registered on 12 Dec 2018 via Charge ID 100223641 with Others was fully satisfied on 03 Jan 2023.
Charges
A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100433068 was registered on 31 Mar 2021.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100284930 was registered on 02 Aug 2019.
Charges
A charge with State Bank Of India amounted to Rs. 0.40 Cr with Charge ID 100257296 was registered on 22 Apr 2019.
Charges
A charge with Others amounted to Rs. 2.16 Cr with Charge ID 100223641 was registered on 12 Dec 2018.
Appointed
Sanjeevkumar Gnanasekaran was appointed as Director.
Appointed
Venkatachalam Gnanasekaran was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Pioneer Drilltech India is an active private limited company based in Tiruchengode, Tamil Nadu, India. The company works in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 17 November 2017 (9+ years old) and is registered under CIN U29222TZ2017PTC029671.

Pioneer Drilltech India has 2 current directors:

The latest financial statements of Pioneer Drilltech India 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 2018 are in the company report.

The CIN (Corporate Identification Number) of Pioneer Drilltech India is U29222TZ2017PTC029671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pioneer Drilltech India was incorporated on 17 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Pioneer Drilltech India by revenue are Spectra Equipments Private Limited, JK Rajendra Mix and Lift Private Limited, Apple Equipments Private Limited, all in the Machinery and Equipment industry (Construction Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Sanjeevkumar Gnanasekaran was appointed as Director on 17 Nov 2017. Venkatachalam Gnanasekaran was appointed as Managing Director on 17 Nov 2017.

Yes, Pioneer Drilltech India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-14-0001399).

The registered office of Pioneer Drilltech India is at Pioneer Plaza 212 Sankari Road Seetharampalayam, Tiruchengode, Tamil Nadu, India – 637209.

Pioneer Drilltech India operates in the machinery and equipment industry, in the construction machinery and equipment segment.

Pioneer Drilltech India has no open charges and satisfied charges of ₹2.7 Cr as per latest MCA filings.