Squadrone Infra and Mining Private Limited

Squadrone Infra and Mining Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2018PTC115446 Incorporated 13 August 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company engineering DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2024
₹1.43 Cr
▲ 39% YoY
Net loss · FY 2024
₹4.09 Cr
Net margin -285.3%
EBITDA · FY 2024
-₹3.58 Cr
EBITDA margin -249.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹26.64 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings

About Squadrone Infra and Mining Private Limited

Data last updated:

Squadrone Infra and Mining Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the geotechnical engineering and services segment of the engineering sector. It was incorporated on 13 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC115446. Its GSTIN is 29ABACS6788H1ZP (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Cyriac Joseph and Shine Cyriac.

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 212 Celstic Tower Green Glen Layout Bellandur, Bangalore, Karnataka, India – 560103.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.43 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹4.09 Cr (net margin -285.3%) and EBITDA of -₹3.58 Cr (EBITDA margin -249.5%). Revenue has grown at a compounded annual rate (CAGR) of 272% over three years.

The company is associated with 1 brand: Squadrone. As per MCA filings, the company has open charges of ₹26.64 Lakh on record.

Squadrone Infra and Mining Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0074876). For more details, the company can be reached via its website squadrone.co.in.

Company details

CIN U74999KA2018PTC115446
Registration Number 115446
Incorporation Date 13 August 2018
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 Small
Udyam Registration UDYAM-KR-03-0074876

Recognitions & Rankings of Squadrone Infra and Mining

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0074876

Contact details

Squadrone Infra and Mining Private Limited's registered office is in Bangalore, Karnataka. Its website is squadrone.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    212 Celstic Tower Green Glen Layout Bellandur, Bangalore, Karnataka, India – 560103
  • Industry
    Engineering, Geotechnical Engineering & Services

To see the full contact details of Squadrone Infra and Mining Private Limited, buy the company report.

Comprehensive company report
Squadrone Infra and Mining 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Squadrone Infra and Mining operates one associated brand: Squadrone. Each brand links to its own profile.

BrandDescriptionWebsite
Offers drone-based services for mining exploration and infrastructure management globally.squadrone.co.in

Business activity

The main business activity of Squadrone Infra and Mining is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Squadrone Infra and Mining Private Limited, buy the company report.

Financials of Squadrone Infra and Mining Private Limited

FY 2024 filings available

Squadrone Infra and Mining Private Limited reported revenue of ₹1.43 Cr (up 39% YoY) for FY 2024.

Revenue · FY 2024
₹1.43 Cr ▲ 39%
Net loss · FY 2024
₹4.09 Cr margin -285.3%
EBITDA · FY 2024
-₹3.58 Cr margin -249.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 272%
EBITDA CAGR growth
1 year
▼ 451%
3 years · compounded
▼ 525%
5 years · compounded
▼ 261%

Revenue has grown at a compounded annual rate (CAGR) of 272% over three years, including 39% growth in the latest year. EBITDA fell 451% 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-₹3.58 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.09 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-249.5%
Net Profit Margin-285.3%
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 Squadrone Infra and Mining Private Limited, buy the company report.

Board of directors of Squadrone Infra and Mining Private Limited

Squadrone Infra and Mining has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Cyriac JosephDirector13 Aug 20188 Years 2 MonthsCurrent
Shine CyriacDirector13 Aug 20188 Years 2 MonthsCurrent
Deepak MohandasDirector26 Mar 20242 Years 7 MonthsCurrent
Charles P JosephDirector14 Oct 20251 Years 0 MonthsCurrent
Antony Sani AlukkalDirector26 Mar 20242 Years 7 MonthsCurrent

Auditor

Squadrone Infra and Mining Private Limited is audited by S R V C & COMPANY for the financial year 2021.

Auditor firmFinancial yearFirm registration number
S R V C & COMPANYFY 2021018075S

Shareholding

The shareholding of Squadrone Infra and Mining Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Squadrone Infra and Mining Private Limited, buy the company report.

Charges & borrowings

Open charges
₹26.64 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Sep 2022100653028Hdfc Bank Limited₹26.64 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Squadrone Infra and Mining Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Squadrone Infra and Mining has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABACS6788H1ZPKarnatakaActive10 May 2019

To see the full GST registrations and return filing status of Squadrone Infra and Mining Private Limited, buy the company report.

Recent activity

Squadrone Infra and Mining Private Limited has 6 board changes on record since 2018: 5 appointments and 1 cessation. The latest: Charles P Joseph was appointed as Director on 14 Oct 2025.

Appointed
Charles P Joseph was appointed as Director.
Ceased
Shine Cyriac ceased to be Director.
AGM
Squadrone Infra And Mining Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Squadrone Infra And Mining Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Antony Sani Alukkal was appointed as Director.
Appointed
Deepak Mohandas was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.64 Lakh with Charge ID 100653028 was registered on 28 Sep 2022.
Appointed
Cyriac Joseph was appointed as Director.
Appointed
Shine Cyriac was appointed as Director.
Incorporation
13 Aug 2018
Squadrone Infra And Mining Private Limited was registered on 13 Aug 2018 with Roc Bangalore & aged 8 years 2 months as per MCA records.

Frequently asked questions

Squadrone Infra and Mining is an active private limited company based in Bangalore, Karnataka, India. The company works in geotechnical engineering and services, within the engineering industry. It was incorporated on 13 August 2018 (8+ years old) and is registered under CIN U74999KA2018PTC115446.

Squadrone Infra and Mining has 5 current directors:

The latest financial statements of Squadrone Infra and Mining 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 Squadrone Infra and Mining is 29ABACS6788H1ZP, registered in Karnataka.

The CIN (Corporate Identification Number) of Squadrone Infra and Mining is U74999KA2018PTC115446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Squadrone Infra and Mining was incorporated on 13 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Charles P Joseph was appointed as Director on 14 Oct 2025. Shine Cyriac ceased to be Director on 14 Oct 2025. Antony Sani Alukkal was appointed as Director on 26 Mar 2024. Squadrone Infra and Mining has 6 board changes on record in total.

Yes, Squadrone Infra and Mining is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Squadrone Infra and Mining is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0074876).

Squadrone Infra and Mining can be reached through the website squadrone.co.in. Its registered office is in Bangalore, Karnataka, India.