Deccan Bearings Profile
Key Indicators
- Authorised Capital ₹ 3.25 Cr
- Paid Up Capital ₹ 2.18 Cr
- Company Age 39 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 8.25 Cr
- Revenue Growth -24.64%
- Profit Growth -2.63%
- Ebitda -1.66%
- Net Worth -52.64%
- Total Assets -47.63%
About Deccan Bearings
Deccan Bearings Ltd (DBL) is a Public Limited Indian Non-Government Company incorporated in India on 26 March 1985 and has a history of 39 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505703.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.25 Cr and a paid-up capital of Rs 2.18 Cr.
The company has closed loans amounting to ₹8.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Deccan Bearings Ltd India are Sneha Lohogaonkar as COMPANY SECRETARY and Vimal Amrutlal as Cfo. Vinay Harishchandra, Sandip Pawar, Shilpa Parab, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L29130MH1985PLC035747
- Company No.
035747
- Stock Symbol
BSE : 505703
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Mar 1985
- Date of AGM
30 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Who are the key members and board of directors at Deccan Bearings?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ritesh Parab  | Managing Director | 10-Feb-2022 | Current |
| Sneha Lohogaonkar | Company Secretary | Current | |
| Vimal Amrutlal | CFO | 12-Dec-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinay Harishchandra | Director | 16-Aug-2006 | Current |
| Shilpa Parab | Director | 28-Jan-2019 | Current |
| Sandip Pawar | Director | 12-Mar-2022 | Current |
Financial Performance of Deccan Bearings.
Deccan Bearings Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.64% decrease. The company also saw a slight decrease in profitability, with a 2.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 52.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Deccan Bearings?
In 2023, Deccan Bearings had a promoter holding of 71.38% and a public holding of 28.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Zecha Precision Tools LimitedVinay Harishchandra is a mutual person
Vikabh Securities Private LimitedSneha Lohogaonkar is a mutual person
Garware Synthetics LimitedSandip Pawar and Shilpa Parab are mutual person
Nip Exports Private LimitedVinay Harishchandra is a mutual person
- Asean Industrial Structures Limited
Sandip Pawar is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹8.25 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 8.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2007 | State Bank Of India | ₹0.19 M | Satisfied |
| 24 Oct 1994 | State Bank Of India | ₹2.88 Cr | Satisfied |
| 17 Aug 1994 | State Bank Of India | ₹2.88 Cr | Satisfied |
| 11 May 1991 | State Bank Of India | ₹1.40 Cr | Satisfied |
| 17 Apr 1989 | State Bank Of India | ₹8.70 M | Satisfied |
How Many Employees Work at Deccan Bearings?
Deccan Bearings has a workforce of 2 employees as of Aug 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Deccan Bearings, 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 Deccan Bearings's trajectory.
Rating
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
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 Deccan Bearings
Recent activity within the organization
- Annual General Meeting
Deccan Bearings Ltd last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.
- Balance Sheet
Deccan Bearings Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Sandip Keshav Pawar was appointed as a Director was appointed as a Director on 12 Mar 2022 & has been associated with this company since 2 years 11 months .
- Director Appointment
Ritesh Mohan Parab was appointed as a Managing Director was appointed as a Managing Director on 10 Feb 2022 & has been associated with this company since 3 years 22 days .
- Director Appointment
Shilpa Sagar Parab was appointed as a Director was appointed as a Director on 28 Jan 2019 & has been associated with this company since 6 years 1 month .
- Charges
A charge registered on 17 Mar 2007 via Charge ID 10050581 with State Bank Of India was fully satisfied on 04 Aug 2016.
Frequently asked questions
What is the Incorporation or founding date of Deccan Bearings Ltd?
Deccan Bearings Ltd was incorporated on 26 Mar 1985.
What is authorized share capital and paid-up capital of Deccan Bearings Ltd?
The authorized share capital of Deccan Bearings Ltd is ₹ 3.25 Cr and paid-up capital is ₹ 2.18 Cr.
Who are the current board members & directors of Deccan Bearings Ltd?
Currently 6 directors are associated with Deccan Bearings Ltd.
- Vinay Tendulkar Harishchandra
- Sandip Keshav Pawar
- Shilpa Sagar Parab
- Ritesh Mohan Parab
- Sneha Dhananjay Lohogaonkar
- Vimal Marvania Amrutlal
What is the registered address of Deccan Bearings Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Deccan Bearings Ltd is 315/321 Prospect Chambersdr D N Road, Fort, Mumbai, Maharashtra, India, 400001.
What is the corporate identification number (CIN) and company number of Deccan Bearings Ltd?
The corporate identification number (CIN) of Deccan Bearings Ltd is L29130MH1985PLC035747 and the company number is 035747 as per Ministry of Corporate Affairs (MCA).
Is Deccan Bearings Ltd registered with any stock exchange in India?
Yes, Deccan Bearings Ltd is registered on Bombay Stock Exchange (BSE).
What is the official website of Deccan Bearings Ltd?
The Official website of Deccan Bearings Ltd is https://www.deccanbearings.in
What has been the recent revenue trend for Deccan Bearings Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Deccan Bearings Ltd has fallen by -24.64%.
How many employees does Deccan Bearings Ltd currently have?
As Per 2023 financial reports, 2 employees are currently employed by Deccan Bearings Ltd.
What change has been observed in the net worth of Deccan Bearings Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Deccan Bearings Ltd has experienced an downturn of -52.64%.
When was the last Balance Sheet of Deccan Bearings Ltd filed with the ROC?
The most recent Balance Sheet for Deccan Bearings Ltd was filed with the ROC on 31 Mar 2023.
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