Derik Monofil Private Limited

Manufactures monofilament yarn, fishing nets, and lines using nylon and other materials.

1999 | Kanyakumari, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Who are the key members and board of directors at Derik Monofil?

Executive Team (1)

NameDesignationAppointment DateStatus
Francis Joseph Country flag representing InManaging Director28-Apr-1999Current

Board Members (1)

NameDesignationAppointment DateStatus
Stalin Derikstalin Country flag representing In Director 16-Dec-2013Current

Financial Performance of Derik Monofil.

Derik Monofil Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.03% increase. The company also saw a substantial improvement in profitability, with a 17.31% increase in profit. The company's net worth Soared by an impressive increase of 14.09%.

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
31.03%
Revenue from Operations
31.92%
Total Assets
-28.26%
Profit or Loss
17.31%
Net Worth
14.09%
EBITDA
39.30%

Charges (Loans)

Open Charges

₹7.00 Cr

Satisfied Charges

₹4.30 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2000Canara Bank₹7.00 CrOpen
03 Mar 2017State Bank Of India₹1.80 CrSatisfied
21 Oct 2010Axis Bank Limited₹2.50 CrSatisfied

How Many Employees Work at Derik Monofil?

Derik Monofil has a workforce of 68 employees as of Mar 28, 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 Derik Monofil, 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 Derik Monofil'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 Derik Monofil

Recent activity within the organization

  • Annual General Meeting

    Derik Monofil Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Derik Monofil Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 03 Mar 2017 via Charge ID 100082798 with State Bank Of India was fully satisfied on 05 Oct 2020.

    05 Oct 2020

  • Charges

    A charge with Canara Bank of Rs. 7.00 Cr registered on 27 Jul 2000 with Charge ID 80064353 was modified on 22 Feb 2018.

    22 Feb 2018

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.80 Cr with Charge ID 100082798 was registered on 03 Mar 2017.

    03 Mar 2017

  • Charges

    A charge registered on 21 Oct 2010 via Charge ID 10247729 with Axis Bank Limited was fully satisfied on 17 Feb 2016.

    17 Feb 2016

Frequently asked questions

  • Derik Monofil Private Limited was incorporated on 28 Apr 1999.

  • The authorized share capital of Derik Monofil Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.74 Cr.

  • Currently 2 directors are associated with Derik Monofil Private Limited.

    • Francis Fernando Stalin Joseph
    • Stalin Derikstalin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Derik Monofil Private Limited is 89-C 1St Floor Pwd Off Road Chettikulam In., India, Nagercoil 629 002., Tamil Nadu, 629002.

  • The corporate identification number (CIN) of Derik Monofil Private Limited is U17111TN1999PTC042374 and the company number is 042374 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Derik Monofil Private Limited is https://www.derikmonofil.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Derik Monofil Private Limited has risen by 31.03%.

  • As Per 2023 financial reports, 68 employees are currently employed by Derik Monofil Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Derik Monofil Private Limited has experienced an upsurge of 14.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Derik Monofil Private Limited amount to ₹ 7.00 Cr.

  • The most recent Balance Sheet for Derik Monofil Private Limited was filed with the ROC on 31 Mar 2024.

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