Deccan Sales & Service Private Limited

Provides sales, support, and maintenance for L&T earth moving equipment and other brands in MP and Gujarat.

2003 | Indore, Madhya Pradesh (India) | Active
Last Updated: July 04, 2024

Deccan Sales & Service Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.79 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 63.78 Cr
  • Satisfied Charges ₹ 41.59 Cr
  • Revenue Growth 22.39%
  • Profit Growth 13.04%
  • Ebitda 26.56%
  • Net Worth 18.73%
  • Total Assets 8.64%

About Deccan Sales & Service

Deccan Sales & Service Private Limited (DSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 2003 and has a history of 21 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Deccan Diesels Private Limited. The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.79 Cr.

The company currently has active open charges totaling ₹63.78 Cr. The company has closed loans amounting to ₹41.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prashant Patil, Deepak Patil, Manikrao Patil, and One other member serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31101MP2003PTC015604

  • Company No.

    015604

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Automotive

What products or services does Deccan Sales & Service Private Limited offer?

Deccan Sales & Service Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Industrial Batteries, Tyre, Tube & Flaps, Tyre Accessories, Vane Pump, Atlas Copco Vane Pump, Reciprocating Compressors, Piston Air Compressor, Oil Free Air Compressor, Oil Free Compressors.

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

Executive Team (1)

Name Designation Appointment Date Status
Ratiram Patil Country flag representing In Managing Director 03-Mar-2003 Current

Board Members (3)

Name Designation Appointment Date Status
Prashant Patil Country flag representing In Whole-Time Director 01-Sep-2008 Current
Deepak Patil Country flag representing In Whole-Time Director 01-Jul-2017 Current
Manikrao Patil Country flag representing In Whole-Time Director 10-Jul-2004 Current

Financial Performance of Deccan Sales & Service.

Deccan Sales & Service Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.39% increase. The company also saw a substantial improvement in profitability, with a 13.04% increase in profit. The company's net worth Soared by an impressive increase of 18.73%.

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
22.39%
Revenue from Operations
22.53%
Total Assets
8.64%
Profit or Loss
13.04%
Net Worth
18.73%
EBITDA
26.56%

What is the Ownership and Shareholding Structure of Deccan Sales & Service?

In 2023, Deccan Sales & Service had a promoter holding of 97.87% and a public holding of 2.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.78 Cr

Satisfied Charges

₹41.59 Cr

Charges Breakdown by Lending Institutions

  • Others : 61.22 Cr
  • Axis Bank Limited : 2.00 Cr
  • Hdfc Bank Limited : 0.56 Cr

Latest Charge Details

Date Lender Amount Status
29 Nov 2023 Hdfc Bank Limited ₹4.98 M Open
09 Nov 2022 Others ₹1.30 M Open
27 Oct 2022 Hdfc Bank Limited ₹0.61 M Open
18 Oct 2022 Others ₹1.86 M Open
30 Sep 2022 Others ₹3.50 M Open

How Many Employees Work at Deccan Sales & Service?

Deccan Sales & Service has a workforce of 795 employees as of Mar 29, 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 & Service, 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 & Service'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 & Service

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100833511 was registered on 29 Nov 2023.

    29 Nov 2023

  • Annual General Meeting

    Deccan Sales & Service Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 47.80 Cr registered on 28 Apr 2018 with Charge ID 100177992 was modified on 12 Apr 2023.

    12 Apr 2023

  • Balance Sheet

    Deccan Sales & Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge registered on 11 Oct 2019 via Charge ID 100299312 with Others was fully satisfied on 30 Jan 2023.

    30 Jan 2023

  • Charges

    A charge registered on 26 Aug 2019 via Charge ID 100288086 with Others was fully satisfied on 30 Jan 2023.

    30 Jan 2023

Frequently asked questions

  • Deccan Sales & Service Private Limited was incorporated on 26 Feb 2003.

  • The authorized share capital of Deccan Sales & Service Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.79 Cr.

  • Currently 4 directors are associated with Deccan Sales & Service Private Limited.

    • Prashant Ratiram Patil
    • Deepak Patil
    • Manikrao Patil
    • Ratiram Sitaram Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Deccan Sales & Service Private Limited is 107 & 108 Sector-A Sch. No.94 Ring Road, Indore, Madhya Pradesh, India, 452001.

  • The corporate identification number (CIN) of Deccan Sales & Service Private Limited is U31101MP2003PTC015604 and the company number is 015604 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Deccan Sales & Service Private Limited is https://www.deccandiesels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Deccan Sales & Service Private Limited has risen by 22.39%.

  • As Per 2023 financial reports, 795 employees are currently employed by Deccan Sales & Service Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Deccan Sales & Service Private Limited has experienced an upsurge of 18.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Deccan Sales & Service Private Limited amount to ₹ 63.78 Cr.

  • The most recent Balance Sheet for Deccan Sales & Service Private Limited was filed with the ROC on 31 Mar 2023.