Driplex Water Engineering Private Limited - Due diligence report

A 360° intelligence report on Driplexwater: trust score, financial health, credit view, compliance, directors, growth and distress signals -…

1974-08-27 New Delhi, Delhi Active Unlisted Active Compliant
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DW Driplex Water Engineering Private Limited
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Driplexwater — 360° Intelligence Report

Generated from MCA filings & public records
76/100
Trust Score
Low Risk

Driplexwater is assessed as Low Risk with a Trust Score of 76/100. Driplexwater is an active private limited indian non-government company incorporated in 1974, operating in the Environment sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Driplex Water Engineering Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 65/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Externally credit-rated (A2).

Charges position: 0 open (-) · 9 satisfied (196.25 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Karnataka Bank Ltd.5 48.0 cr
Others1 48.0 cr
Bank Of Maharashtra1 48.0 cr
Uco Bank1 48.0 cr
Syndicate Bank1 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 3 court forum(s).
  • 13 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
GOPALAKRISHNA MADABHUSHI 01234567 Director 01/04/2018 6 yrs Approved
MANSI SETHI 01234567 Director 01/04/2018 6 yrs Approved
VIVEK RANA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Veolia Water Technologies And Solutions
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 5 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Veolia Water Technologies And Solutions Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 65
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 51+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 0.86 in a year.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence70/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment67/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
14 Nov 2025
Director appointed
GOPALAKRISHNA MADABHUSHI (Additional Director)
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
26 Dec 2023
Director ceased
SOUMYA SRIKANTH
31 Dec 2021
Director ceased
PANKAJ KHANNA
30 Nov 2020
Director ceased
SONALI KRISHNAN
Director ceased
VIVEK RANA
27 Jan 2020
Director ceased
SHYAM JEE BHAN
24 Jan 2020
Director appointed
VIVEK RANA (Director)
30 Nov 2019
Director ceased
YATIN TAYALIA
31 Mar 2019
Share transfer (FY 2019)
2860000.00000000 shares to SUEZ Water Technologies and Solutio
29 Mar 2019
Charge satisfied
Others
28 Feb 2019
Director ceased
KIMTI JAIN LALL
20 Dec 2018
Director ceased
STEPHANE BOYER
03 Oct 2017
Director appointed
MANSI SETHI (Company Secretary)
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
13 active GST registration(s) indicate ongoing business operations.
All 9 registered charge(s) stand satisfied - past borrowings repaid.
Carries an external credit rating of A2 from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Rachana Construction Limited U45209MH2021PLC360107 Mumbai, Maharashtra, India
Jainco Buildcon Private Limited U70101DL1997PTC091395 Delhi, Delhi, India
Stem Water Distribution And Infrastructure Company Private Limited U41000MH2010PTC210892 Thane West, Maharashtra, India
Adani Water Limited U41000GJ2018PLC105737 Ahmedabad, Gujarat, India
Aquanomics Systems U67120MH1994PLC080387 Navi Mumbai, Maharashtra, India
Il&Fs Paradip Refinery Water Limited U41000TN2009PLC073439 Chennai, Tamil Nadu, India
Saurashtra Enviro Projects Private Limited U51100GJ2006PTC047689 395 002, Gujarat, India
Rean U41000WB2014PTC199591 Kolkata, West Bengal, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Driplexwater before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Driplexwater: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Driplexwater - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Driplexwater pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Driplexwater - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Driplexwater an active company?

Driplexwater has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Driplexwater financially healthy?

Driplexwater has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Driplexwater?

Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Driplexwater?

The ultimate holding entity is Veolia Water Technologies And Solutions. 3 active director(s) are on record.

Does Driplexwater have loans or charges against its assets?

No open charges - all 9 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Driplexwater up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Driplexwater?

Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.