Deccan Sales Corporation Limited

Founded in 1954 and headquartered in Maharashtra, India.

1954 | Mumbai, Maharashtra (India) | Active
Last Updated: December 08, 2024

Deccan Sales Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.27 M
  • Company Age 70 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.72 Cr
  • Satisfied Charges ₹ 1.98 Cr
  • Revenue Growth 3.73%
  • Profit Growth -33.30%
  • Ebitda -21.48%
  • Net Worth 7.52%
  • Total Assets 2.93%

About Deccan Sales Corporation

Deccan Sales Corporation Limited (DSCL) was founded in India on 28 April 1954 and has a glorious history of 70 years and nine months.Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Deccan Sales Corporation Private Limited. The Company is engaged in the Agriculture 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 5.00 M and a paid-up capital of Rs 2.27 M.

The company currently has active open charges totaling ₹4.72 Cr. The company has closed loans amounting to ₹1.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suhas Shah, Subodh Shah, Sheetal Shah, and Three other members 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

    U70100MH1954PLC009296

  • Company No.

    009296

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 1954

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

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

Executive Team (1)

Name Designation Appointment Date Status
Suhas Shah Country flag representing In Managing Director 01-Apr-2015 Current

Board Members (5)

Name Designation Appointment Date Status
Anand Shah Country flag representing In Director 29-Nov-2004 Current
Subodh Shah Country flag representing In Whole-Time Director 29-Sep-2006 Current
Sheetal Shah Country flag representing In Director 29-Nov-2004 Current
Sudhir Shah Country flag representing In Whole-Time Director 29-Sep-2006 Current
Prabodh Shah Country flag representing In Director 28-Nov-2005 Current

Financial Performance of Deccan Sales Corporation.

Deccan Sales Corporation Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.73% increase. The company also saw a substantial fall in profitability, with a 33.3% decrease in profit. The company's net worth moved up by a moderate rise of 7.52%.

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
3.73%
Revenue from Operations
Total Assets
2.93%
Profit or Loss
-33.30%
Net Worth
7.52%
EBITDA
-21.48%

What is the Ownership and Shareholding Structure of Deccan Sales Corporation?

In 2020, Deccan Sales Corporation had a promoter holding of 61.30% and a public holding of 38.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.20 M

Satisfied Charges

₹19.83 M

Charges Breakdown by Lending Institutions

  • Dombivli Nagari Sahakari Bank Limited : 4.50 Cr
  • Maharashtra State Financial Corporation : 0.22 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 2012 Dombivli Nagari Sahakari Bank Limited ₹1.50 Cr Open
05 Mar 2012 Dombivli Nagari Sahakari Bank Limited ₹3.00 Cr Open
10 Jul 1981 Maharashtra State Financial Corporation ₹1.60 M Open
29 Jan 1968 Maharashtra State Financial Corporation ₹0.40 M Open
02 Jun 1965 Maharashtra State Financial Corporation ₹0.20 M Open

How Many Employees Work at Deccan Sales Corporation?

Deccan Sales Corporation has a workforce of 13 employees as of Apr 08, 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 Deccan Sales Corporation, 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 Sales Corporation'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 Deccan Sales Corporation

Recent activity within the organization

  • Annual General Meeting

    Deccan Sales Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Deccan Sales Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 16 Feb 1993 via Charge ID 90224396 with Bank Of Maharashtra was fully satisfied on 23 Aug 2016.

    23 Aug 2016

  • Charges

    A charge registered on 16 Feb 1993 via Charge ID 80045186 with Bank Of Maharashtra was fully satisfied on 23 Aug 2016.

    23 Aug 2016

  • Charges

    A charge registered on 09 Dec 1988 via Charge ID 90224024 with Bank Of Maharashtra was fully satisfied on 23 Aug 2016.

    23 Aug 2016

  • Charges

    A charge registered on 26 Sep 1983 via Charge ID 90223761 with Bank Of Maharashtra was fully satisfied on 23 Aug 2016.

    23 Aug 2016

Frequently asked questions

  • Deccan Sales Corporation Limited was incorporated on 28 Apr 1954.

  • The authorized share capital of Deccan Sales Corporation Limited is ₹ 5.00 M and paid-up capital is ₹ 2.27 M.

  • Currently 6 directors are associated with Deccan Sales Corporation Limited.

    • Suhas Sumatilal Shah
    • Subodh Sumatilal Shah
    • Sheetal Ramanlal Shah
    • Anand Vijay Shah
    • Sudhir Sumatilal Shah
    • Prabodh Bhikchand Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Deccan Sales Corporation Limited is 226 S V Roadbandra India, Mumbai, Maharashtra, 400050.

  • The corporate identification number (CIN) of Deccan Sales Corporation Limited is U70100MH1954PLC009296 and the company number is 009296 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Deccan Sales Corporation Limited has risen by 3.73%.

  • As Per 2022 financial reports, 13 employees are currently employed by Deccan Sales Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Deccan Sales Corporation Limited has experienced an upsurge of 7.52%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Deccan Sales Corporation Limited amount to ₹ 4.72 Cr.

  • The most recent Balance Sheet for Deccan Sales Corporation Limited was filed with the ROC on 31 Mar 2024.

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