SRN Drives Private Limited

SRN Drives Private Limited - machinery and equipment in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U29238MH2015PTC262808 Incorporated 18 March 2015 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2017
₹81.98 Lakh
▲ 255% YoY
Net loss · FY 2017
₹21.12 Lakh
Net margin -25.8%
EBITDA · FY 2017
-₹7.73 Lakh
EBITDA margin -9.4%
Authorised capital
₹43 Lakh
Registered with MCA
Paid-up capital
₹17 Lakh
Issued & subscribed
Open charges
₹72.59 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings

About SRN Drives Private Limited

Data last updated:

SRN Drives Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 18 March 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29238MH2015PTC262808. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹43 Lakh and a paid-up capital of ₹17 Lakh. It is led by directors Manisha Mahesh Kocheri and Abhijit Vasantrao More.

Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A/503 Shree Krishna Garden Excellency Mira Gaon Opp Nagori Dairy Road (East) MIDC Road, Thane, Maharashtra, India – 401107.

As per the financials filed for FY 2017, the company reported a revenue of ₹81.98 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹21.12 Lakh (net margin -25.8%) and EBITDA of -₹7.73 Lakh (EBITDA margin -9.4%).

As per MCA filings, the company has open charges of ₹72.59 Lakh on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of SRN Drives Private Limited
CIN U29238MH2015PTC262808
Registration Number 262808
Incorporation Date 18 March 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    A/503 Shree Krishna Garden Excellency Mira Gaon Opp Nagori Dairy Road (East) MIDC Road, Thane, Maharashtra, India – 401107
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for SRN Drives Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of SRN Drives Private Limited

The main business activity of SRN Drives is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of SRN Drives Private Limited FY 2017 filings available

SRN Drives Private Limited reported revenue of ₹81.98 Lakh (up 255% YoY) for FY 2017.

Revenue · FY 2017
₹81.98 Lakh ▲ 255%
Net loss · FY 2017
₹21.12 Lakh margin -25.8%
EBITDA · FY 2017
-₹7.73 Lakh margin -9.4%

Compounded Annual Growth Rate (CAGR) of SRN Drives Private Limited

Revenue CAGR growth
1 year
▲ 255%
EBITDA CAGR growth
1 year
▼ 518%

Revenue rose 255% in the latest year. EBITDA fell 518% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of SRN Drives Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹81.98 Lakh••••••••
Other Income••••••••••••
Total Revenue••••••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA-₹7.73 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹21.12 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 of SRN Drives Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-9.4%••••••••
Net Profit Margin-25.8%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of SRN Drives are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of SRN Drives Private Limited

SRN Drives Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rapport Engineering India Private Limited₹82.35 Lakh (FY 2025)••••••••44.0%••••Pune, Maharashtra, India
Heatgen Combustion Private Limited₹82.26 Lakh (FY 2025)••••••••11.0%••••Pune, Maharashtra, India
Atkinsenviro Technologies India Private Limited₹82.12 Lakh (FY 2025)••••••••-31.0%••••Bhiwani, Haryana, India
RKP Drives India Private Limited₹82.09 Lakh (FY 2019)••••••••••••Bengaluru, Karnataka, India
Argus Carbide Private Limited₹82.09 Lakh (FY 2024)••••••••403.0%••••Rajkot, Gujarat, India
SRN Drives Private Limited this company₹81.98 Lakh (FY 2017)••••••••255.0%••••Thane, Maharashtra, India
Citadel Hydraulics and Electricals Private Limited₹81.89 Lakh (FY 2024)••••••••266.0%••••Palakkad, Kerala, India
Sugam Paryavaran Vikalp Private Limited₹81.83 Lakh (FY 2022)••••••••-62.0%••••Mumbai, Maharashtra, India
Alot Hitek Private Limited₹81.82 Lakh (FY 2019)••••••••-2.0%••••Vasai, Maharashtra, India
Ultramatix Computer Support Systems Private Limited₹81.28 Lakh (FY 2025)••••••••-11.0%••••Pune, Maharashtra, India
Thermo Solutions (India) Private Limited₹81.25 Lakh (FY 2024)••••••••-24.0%••••Dindigul, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below SRN Drives by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of SRN Drives Private Limited

Auditor information for SRN Drives Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.

Board of Directors of SRN Drives Private Limited

SRN Drives has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manisha Mahesh KocheriDirector18 Mar 201511 Years 6 MonthsCurrent
Abhijit Vasantrao MoreDirector18 Mar 201511 Years 6 MonthsCurrent

Ownership and Shareholding of SRN Drives Private Limited

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Charges & Borrowings of SRN Drives Private Limited

Open charges
₹72.59 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.73 Cr
Latest charge details
DateLenderAmountStatus
25 Jul 2015State Bank of India₹72.59 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at SRN Drives Private Limited

Employment history and EPFO contributions of people linked to SRN Drives.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on SRN Drives Private Limited

SRN Drives Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Kapeel Vasantrao More ceased to be Director on 01 Sep 2017.

AGM
Srn Drives Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.
Ceased
Kapeel Vasantrao More ceased to be Director.
Filing
Srn Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Charges
A charge with State Bank Of India amounted to Rs. 72.59 Lakh with Charge ID 100020812 was registered on 25 Jul 2015.
Appointed
Abhijit Vasantrao More was appointed as Director.
Appointed
Manisha Mahesh Kocheri was appointed as Director.
Incorporation
18 Mar 2015
Srn Drives Private Limited was registered on 18 Mar 2015 with Roc Mumbai & aged 11 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for SRN Drives Private Limited

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MSME Payment Delays by SRN Drives Private Limited

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MSME payment history

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Subsidiaries & Group Companies of SRN Drives Private Limited

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Corporate group structure

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GST Compliance of SRN Drives Private Limited

SRN Drives has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of SRN Drives Private Limited

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Frequently Asked Questions about SRN Drives Private Limited

SRN Drives is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 18 March 2015 (11+ years old) and is registered under CIN U29238MH2015PTC262808.

SRN Drives reported revenue of ₹81.98 Lakh for FY 2017 (up 255% YoY).

SRN Drives has 2 current directors:

SRN Drives reported a net loss of ₹21.12 Lakh (net margin -25.8%) and EBITDA of -₹7.73 Lakh (EBITDA margin -9.4%) for FY 2017, as per its filed financial statements.

No. SRN Drives has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of SRN Drives is U29238MH2015PTC262808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

SRN Drives was incorporated on 18 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of SRN Drives by revenue are Rapport Engineering India Private Limited, Heatgen Combustion Private Limited, Atkinsenviro Technologies India Private Limited, RKP Drives India Private Limited, Argus Carbide Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).

Kapeel Vasantrao More ceased to be Director on 01 Sep 2017. Abhijit Vasantrao More was appointed as Director on 18 Mar 2015. Manisha Mahesh Kocheri was appointed as Director on 18 Mar 2015.

The registered office of SRN Drives is at A503 Shree Krishna Garden Excellency Mira Gaon Opp Nagori Dairy Road East MIDC Road, Thane, Maharashtra, India – 401107.

SRN Drives has an authorised share capital of ₹43 Lakh and a paid-up capital of ₹17 Lakh.

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