Damro Furniture Private Limited

Furniture trading company offering a variety of household furniture such as sofas, tables, and wardrobes.

2000 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 08, 2025

Damro Furniture Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.53 Cr
  • Company Age 24 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.39 Cr
  • Revenue Growth 35.00%
  • Profit Growth -107.71%
  • Ebitda -18.93%
  • Net Worth -0.54%
  • Total Assets 41.41%

About Damro Furniture

Damro Furniture Private Limited (DFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 July 2000 and has a history of 24 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 12.53 Cr.

The company currently has active open charges totaling ₹5.39 Cr.

The Key Managerial Personnel (KMP) at Damro Furniture Private Limited India is Prachi Oswal as COMPANY SECRETARY. Karthikeyan, Pinnala Venisious, and Ramanayake Ramanayake serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36101TN2000PTC045441

  • Company No.

    045441

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

What products or services does Damro Furniture Private Limited offer?

Damro Furniture Private Limited offers a wide range of products and services, including Decorative Light, Lamp & Lamp Shades, Lamp Base, PU Foam, Coir & Jute Mattresses, Bed Mattress, Kitchen & Dining Furniture, Kitchen Cabinets, Double Mattress, Coir Mattress, Tea & Coffee Table, Coffee Table.

Who are the key members and board of directors at Damro Furniture?

Executive Team (1)

NameDesignationAppointment DateStatus
Prachi Oswal Country flag representing In Company Secretary15-Dec-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Karthikeyan Country flag representing In Director 14-May-2002Current
Pinnala Venisious Country flag representing Lk Whole-Time Director 31-Oct-2007Current
Ramanayake Ramanayake Country flag representing Lk Director 05-Nov-2007Current

Financial Performance of Damro Furniture.

Damro Furniture Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35% increase. The company also saw a substantial fall in profitability, with a 107.71% decrease in profit. The company's net worth dipped by a decrease of 0.54%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
35.00%
Revenue from Operations
35.11%
Total Assets
41.41%
Profit or Loss
-107.71%
Net Worth
-0.54%
EBITDA
-18.93%

What is the Ownership and Shareholding Structure of Damro Furniture?

In 2022, Damro Furniture had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.39 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • Hdfc Bank Limited : 0.39 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2024Others₹5.00 CrOpen
21 Aug 2023Hdfc Bank Limited₹1.85 MOpen
31 Mar 2022Hdfc Bank Limited₹2.04 MOpen

How Many Employees Work at Damro Furniture?

Damro Furniture has a workforce of 664 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Damro Furniture, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Damro Furniture's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Damro Furniture

Recent activity within the organization

  • Annual General Meeting

    Damro Furniture Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100968066 was registered on 16 Aug 2024.

    16 Aug 2024

  • Balance Sheet

    Damro Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100777504 was registered on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100583719 was registered on 31 Mar 2022.

    31 Mar 2022

  • Director Appointment

    Prachi Sohan Oswal was appointed as a Company Secretary was appointed as a Company Secretary on 15 Dec 2021 & has been associated with this company since 3 years 1 month .

    15 Dec 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Damro Furniture Private Limited was incorporated on 25 Jul 2000.

  • The authorized share capital of Damro Furniture Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.53 Cr.

  • Currently 4 directors are associated with Damro Furniture Private Limited.

    • Karthikeyan
    • Pinnala Wathagedon Hisantha Tyron Venisious
    • Ramanayake Pathirennehelage Damitha Ramanayake
    • Prachi Sohan Oswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Damro Furniture Private Limited is No. A1 101 4Th Avenue, Next To Sri Mittai Anna Nagar India, Chennai, Tamil Nadu, 600040.

  • The corporate identification number (CIN) of Damro Furniture Private Limited is U36101TN2000PTC045441 and the company number is 045441 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Damro Furniture Private Limited is https://www.damroindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Damro Furniture Private Limited has risen by 35.00%.

  • As Per 2022 financial reports, 664 employees are currently employed by Damro Furniture Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Damro Furniture Private Limited has experienced an downturn of -0.54%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Damro Furniture Private Limited amount to ₹ 5.39 Cr.

  • The most recent Balance Sheet for Damro Furniture Private Limited was filed with the ROC on 31 Mar 2024.

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