MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0035201
Poly Drill Engineers Pvt Ltd - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.25 Cr
▲ 6% YoY
Net profit · FY 2025
₹2.82 Cr
Net margin 8%
EBITDA · FY 2025
₹8.97 Cr
EBITDA margin 25.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹41.2 Lakh
Issued & subscribed
Open charges
₹4.58 Cr
Satisfied ₹23.47 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
277
Provident fund records
About Poly Drill Engineers Pvt Ltd
Data last updated:
Poly Drill Engineers Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 05 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29222MH1985PTC037961. Its GSTIN is 27AAACP9692G1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹41.2 Lakh. It is led by directors including Ollukaran Kanjipallu Varghese and Nivea Prabhakaran Prathish.
Its last annual general meeting (AGM) was held on 21 January 2026, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 124 Damji Shamji Udyogbhavan Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.25 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 8%) and EBITDA of ₹8.97 Cr (EBITDA margin 25.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
The company has about 277 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Polydrill. As per MCA filings, the company has open charges of ₹4.58 Cr and satisfied charges of ₹23.47 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
Poly Drill Engineers Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0035201). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polydrill.com.
Company details
CIN U29222MH1985PTC037961
Registration Number 037961
Incorporation Date 05 November 1985
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 January 2026
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0035201
Key People
Ollukaran Kanjipallu Varghese Director Nivea Prabhakaran Prathish Director Spencer Ollukaran Varghese Director Recognitions & Rankings of Poly Drill Engineers
Contact details
Poly Drill Engineers Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is polydrill.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address124 Damji Shamji Udyogbhavan Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Poly Drill Engineers Pvt Ltd, buy the company report.
Comprehensive company report
Poly Drill Engineers Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Poly Drill Engineers operates one associated brand: Polydrill. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Services in bulk handling, cementing, grouting, and fabrication for oil and gas operations. | polydrill.com |
Business activity
The main business activity of Poly Drill Engineers is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Poly Drill Engineers Pvt Ltd, buy the company report.
Financials of Poly Drill Engineers Pvt Ltd
FY 2025 filings availablePoly Drill Engineers Pvt Ltd reported revenue of ₹35.25 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹35.25 Cr ▲ 6%
Net profit · FY 2025
₹2.82 Cr margin 8%
EBITDA · FY 2025
₹8.97 Cr margin 25.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 14%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 49%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 6% growth in the latest year. EBITDA rose 78% 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 |
|---|---|---|---|---|---|
| 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 | ₹8.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.82 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.4% | ||||
| Net Profit Margin | 8% | ||||
| 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 Poly Drill Engineers Pvt Ltd, buy the company report.
Board of directors of Poly Drill Engineers Pvt Ltd
Poly Drill Engineers has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ollukaran Kanjipallu Varghese Also directs: Pneumatic Bulk Plant Equipment Private Limited, Coating & Lining Solutions LLP, Spectron Safety Systems Private Limited and 5 more | Director | 05 Nov 1985 | 40 Years 11 Months | Current |
| Nivea Prabhakaran Prathish | Director | 07 Nov 2014 | 11 Years 11 Months | Current |
| Spencer Ollukaran Varghese Also directs: Spectron Safety Systems Private Limited, Alliance Oil Field Products Private Limited, Spectron Engineers Private Limited and 3 more | Director | 07 Nov 2014 | 11 Years 11 Months | Current |
| Ravindran Kulianmadathil Kaliath | Director | 05 Nov 1985 | 40 Years 11 Months | Current |
Auditor
Poly Drill Engineers Pvt Ltd is audited by S D A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D A & ASSOCIATES | FY 2023 | 120759W |
Shareholding
The shareholding of Poly Drill Engineers Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Poly Drill Engineers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹4.58 Cr
Satisfied charges
₹23.47 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2013 | 10419951 | Others | ₹4.4 Cr | Open | |
| 09 Nov 1991 | 90239678 | Dena Bank | ₹3 Lakh | Open | |
| 11 Apr 1991 | 90239616 | Dena Bank | ₹7 Lakh | Open | |
| 20 Mar 1990 | 90239486 | Dena Bank | ₹8 Lakh | Open | |
| 21 Mar 2013 | 10419949 | Punjab & Sind Bank | ₹8.4 Cr | Satisfied |
To see the full charge records of Poly Drill Engineers Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
Poly Drill Engineers Pvt Ltd has 5 court cases on record: 1 filed by Poly Drill Engineers, 4 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Oil and Natural Gas Corporation Ltd. | Disposed |
| District court, South Tripura, Tripura | Court case (T S ( M A C )) | Filed against the company | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by State Through Labour Enforcement Officer -Central | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra Through Regional Transport Officer, | Disposed |
To see the full case history of Poly Drill Engineers Pvt Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Poly Drill Engineers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Poly Drill Engineers Pvt Ltd has a workforce of 277 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
277
Active EPFO establishments
1
Employee growth
-1.42%
GST
Poly Drill Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9692G1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Poly Drill Engineers Pvt Ltd, buy the company report.
Recent activity
Poly Drill Engineers Pvt Ltd has 4 board changes on record since 1985: 4 appointments. The latest: Nivea Prabhakaran Prathish was appointed as Director on 07 Nov 2014.
AGM
Poly Drill Engineers Pvt Ltd last Annual general meeting of members was held on 21 Jan 2026 as per latest MCA records.
Filing
Poly Drill Engineers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 4.40 Cr registered on 26 Mar 2013 with Charge ID 10419951 was modified on 02 Dec 2022.
Charges
A charge registered on 21 Mar 2013 via Charge ID 10419949 with Punjab & Sind Bank was fully satisfied on 02 Dec 2022.
Charges
A charge registered on 21 Mar 2013 via Charge ID 10419952 with Punjab & Sind Bank was fully satisfied on 02 Dec 2022.
Charges
A charge registered on 21 Mar 2013 via Charge ID 10420122 with Punjab & Sind Bank was fully satisfied on 02 Dec 2022.
Charges
A charge registered on 20 Sep 1995 via Charge ID 90238280 with Punjab & Sind Bank was fully satisfied on 02 Dec 2022.
Charges
A charge registered on 29 Oct 1992 via Charge ID 90238249 with Oriental Bank Of Commerce was fully satisfied on 13 Jan 2022.
Appointed
Nivea Prabhakaran Prathish was appointed as Director.
Appointed
Spencer Ollukaran Varghese was appointed as Director.
Charges
A charge with Others amounted to Rs. 4.40 Cr with Charge ID 10419951 was registered on 26 Mar 2013.
Charges
A charge with Punjab & Sind Bank amounted to Rs. 8.40 Cr with Charge ID 10419949 was registered on 21 Mar 2013.
12 earlier events are in the company report.
Frequently asked questions
Poly Drill Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 05 November 1985 (41+ years old) and is registered under CIN U29222MH1985PTC037961.
Poly Drill Engineers has 4 current directors:
- Ollukaran Kanjipallu Varghese - Director
- Nivea Prabhakaran Prathish - Director
- Spencer Ollukaran Varghese - Director
- Ravindran Kulianmadathil Kaliath - Director
The latest financial statements of Poly Drill Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 January 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Poly Drill Engineers is 27AAACP9692G1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Poly Drill Engineers is U29222MH1985PTC037961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poly Drill Engineers has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Poly Drill Engineers was incorporated on 05 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Nivea Prabhakaran Prathish was appointed as Director on 07 Nov 2014. Spencer Ollukaran Varghese was appointed as Director on 07 Nov 2014. Ollukaran Kanjipallu Varghese was appointed as Director on 05 Nov 1985. Poly Drill Engineers has 4 board changes on record in total.
Yes, Poly Drill Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0035201).
Poly Drill Engineers can be reached through the website polydrill.com. Its registered office is in Mumbai, Maharashtra, India.