Deccan Finance Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 5.58 Cr
- Company Age 46 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 75.84 Cr
- Satisfied Charges ₹ 20.68 Cr
- Revenue Growth 73.14%
- Profit Growth -218.43%
- Ebitda 62.74%
- Net Worth 21.43%
- Total Assets 73.24%
About Deccan Finance
Deccan Finance Limited (DFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 November 1978 and has a history of 46 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Darda Investments Private Limited. The Company is engaged in the Financial Services 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 9.00 Cr and a paid-up capital of Rs 5.58 Cr.
The company currently has active open charges totaling ₹75.84 Cr. The company has closed loans amounting to ₹20.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kailashmull Dugar, Ramana Krishna, Dugar Hemant, and Two other members serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65910TN1978PLC007632
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Company No.
007632
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
02 Nov 1978
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Deccan Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Bhansali
|
Managing Director | 01-Mar-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Dugar Hemant
|
Director | 21-Nov-2018 | Current |
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Abhay Mehta
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Director | 22-May-2019 | Current |
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Kailashmull Dugar
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Director | 01-Apr-2015 | Current |
|
Ramana Krishna
|
Director | 09-Mar-1992 | Current |
Financial Performance of Deccan Finance.
Deccan Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 73.14% increase. The company also saw a substantial fall in profitability, with a 218.43% decrease in profit. The company's net worth Soared by an impressive increase of 21.43%.
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What is the Ownership and Shareholding Structure of Deccan Finance?
In 2023, Deccan Finance had a promoter holding of 89.61% and a public holding of 10.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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South India Hire Purchase AssociationDugar Hemant is a mutual person
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G K Shetty Builders Private LimitedRamana Krishna is a mutual person
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.webp)
Finance Companies' Association (India)Sanjay Bhansali is a mutual person
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Tulive Developers LimitedRamana Krishna is a mutual person
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Prapus Systems Private LimitedKailashmull Dugar is a mutual person
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Ahimsaa Research Foundation
Kailashmull Dugar and Abhay Mehta are mutual person
Charges (Loans)
₹75.84 Cr
₹20.68 Cr
Charges Breakdown by Lending Institutions
- Others : 60.72 Cr
- State Bank Of India : 10.12 Cr
- Indian Overseas Bank : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2024 | Others | ₹4.00 Cr | Open |
| 10 Jun 2023 | Others | ₹5.00 Cr | Open |
| 22 Mar 2023 | Others | ₹3.00 Cr | Open |
| 16 Nov 2022 | Indian Overseas Bank | ₹5.00 Cr | Open |
| 29 Oct 2022 | Others | ₹5.50 Cr | Open |
How Many Employees Work at Deccan Finance?
Deccan Finance has a workforce of 216 employees as of Apr 05, 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 Finance, 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 Finance'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.
