Deccan Bearings Ltd logo

Deccan Bearings Ltd

Manufactures and trades bearings, with a focus on taper roller bearings.
1985 | Mumbai, Maharashtra (India) | Active

Last Updated:

August 02, 2024
HomeCompanyDeccan Bearings Ltd

Who are the key members and board of directors at Deccan Bearings?

Executive Team (3)

NameDesignationAppointment DateStatus
Ritesh Parab InManaging Director10-Feb-2022Current
Sneha Lohogaonkar InCompany SecretaryCurrent
Vimal AmrutlalCFO12-Dec-2022Current

Board Members(3)

NameDesignationAppointment DateStatus
Vinay Harishchandra In Director 16-Aug-2006Current
Shilpa Parab In Director 28-Jan-2019Current
Sandip Pawar In Director 12-Mar-2022Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-24.64%
Revenue from Operations
-76.97%
Total Assets
-47.63%
Profit or Loss
-2.63%
Net Worth
-52.64%
EBITDA
-1.66%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹8.25 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 17 Mar 2007
₹0.19 MSatisfied

State Bank Of India

Creation Date: 24 Oct 1994
₹2.88 CrSatisfied

State Bank Of India

Creation Date: 17 Aug 1994
₹2.88 CrSatisfied

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.

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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.

    30 Jun 2023

  • Balance Sheet

    Deccan Bearings Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • 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 9 months .

    12 Mar 2022

  • 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 2 years 10 months .

    10 Feb 2022

  • 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 5 years 10 months .

    28 Jan 2019

  • Charges

    A charge registered on 17 Mar 2007 via Charge ID 10050581 with State Bank Of India was fully satisfied on 04 Aug 2016.

    04 Aug 2016

Frequently asked questions

  • Deccan Bearings Ltd was incorporated on 26 Mar 1985.

  • The authorized share capital of Deccan Bearings Ltd is ₹ 3.25 Cr and paid-up capital is ₹ 2.18 Cr.

  • 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
  • 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.

  • The corporate identification number (CIN) of Deccan Bearings Ltd is L29130MH1985PLC035747 and the company number is 035747 as per Ministry of Corporate Affairs (MCA).

  • Yes, Deccan Bearings Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Deccan Bearings Ltd is https://www.deccanbearings.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Deccan Bearings Ltd has fallen by -24.64%.

  • As Per 2023 financial reports, 2 employees are currently employed by Deccan Bearings Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Deccan Bearings Ltd has experienced an downturn of -52.64%.

  • The most recent Balance Sheet for Deccan Bearings Ltd was filed with the ROC on 31 Mar 2023.

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