Deccan Veneers Pvt Ltd

Manufactures and sells veneers, ply-woods, flush doors, windows, and other wood products.

1991 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 16, 2024

Deccan Veneers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.49 Cr
  • Company Age 34 Year, 15 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 68.87 Cr
  • Satisfied Charges ₹ 18.85 Cr
  • Revenue Growth 27.34%
  • Profit Growth 422.09%
  • Ebitda 598.50%
  • Net Worth 127.43%
  • Total Assets 53.04%

About Deccan Veneers

Deccan Veneers Pvt Ltd (DVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 1991 and has a history of 34 years. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Syamala Durga Timber Products Pvt Ltd. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.49 Cr.

The company currently has active open charges totaling ₹68.87 Cr. The company has closed loans amounting to ₹18.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjiv Agarwal and Thota Gandhi serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999AP1991PTC012231

  • Company No.

    012231

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 1991

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Sanjiv Agarwal Country flag representing In Director 01-Mar-1991 Current
Thota Gandhi Country flag representing In Director 03-Jan-2006 Current

Financial Performance of Deccan Veneers.

Deccan Veneers Pvt Ltd, for the financial year ended 2018, experienced significant growth in revenue, with a 27.34% increase. The company also saw a substantial improvement in profitability, with a 422.09% increase in profit. The company's net worth Soared by an impressive increase of 127.43%.

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
27.34%
Revenue from Operations
27.07%
Total Assets
53.04%
Profit or Loss
422.09%
Net Worth
127.43%
EBITDA
598.50%

What is the Ownership and Shareholding Structure of Deccan Veneers?

In 2018, Deccan Veneers had a promoter holding of 56.99% and a public holding of 43.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.87 Cr

Satisfied Charges

₹18.85 Cr

Charges Breakdown by Lending Institutions

  • Others : 57.20 Cr
  • Andhra Bank : 7.80 Cr
  • Global Trust Bank Ltd : 3.80 Cr
  • Hdfc Bank House : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
27 Jun 2016 Others ₹1.30 Cr Open
07 Jan 2014 Andhra Bank ₹2.80 Cr Open
08 Sep 2012 Others ₹55.90 Cr Open
21 Jun 2012 Andhra Bank ₹5.00 Cr Open
28 Mar 2005 Hdfc Bank House ₹0.70 M Open

How Many Employees Work at Deccan Veneers?

Deccan Veneers has a workforce of 0 employees as of Apr 09, 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 Veneers, 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 Veneers'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 Veneers

Recent activity within the organization

  • Charges

    A charge registered on 07 Jan 1994 via Charge ID 90122325 with Ing Vysya Bank Limited was fully satisfied on 11 May 2023.

    11 May 2023

  • Annual General Meeting

    Deccan Veneers Pvt Ltd last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Deccan Veneers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Vijayawada.

    31 Mar 2018

  • Charges

    A charge with Others of Rs. 55.90 Cr registered on 08 Sep 2012 with Charge ID 10384485 was modified on 30 Jul 2016.

    30 Jul 2016

  • Charges

    A charge with Others amounted to Rs. 1.30 Cr with Charge ID 100058238 was registered on 27 Jun 2016.

    27 Jun 2016

  • Charges

    A charge with Andhra Bank amounted to Rs. 2.80 Cr with Charge ID 10477531 was registered on 07 Jan 2014.

    07 Jan 2014

Frequently asked questions

  • Deccan Veneers Pvt Ltd was incorporated on 18 Jan 1991.

  • The authorized share capital of Deccan Veneers Pvt Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 2.49 Cr.

  • Currently 2 directors are associated with Deccan Veneers Pvt Ltd.

    • Sanjiv Agarwal
    • Thota Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Deccan Veneers Pvt Ltd is P.O: Askapally Village, Sabbavaram Mandal India, Visakhapatnam, Andhra Pradesh, 531035.

  • The corporate identification number (CIN) of Deccan Veneers Pvt Ltd is U74999AP1991PTC012231 and the company number is 012231 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Deccan Veneers Pvt Ltd has risen by 27.34%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Deccan Veneers Pvt Ltd has experienced an upsurge of 127.43%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Deccan Veneers Pvt Ltd amount to ₹ 68.87 Cr.

  • The most recent Balance Sheet for Deccan Veneers Pvt Ltd was filed with the ROC on 31 Mar 2018.

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