Derik Motors Private Limited

Sells and services a variety of popular car brands, including Hyundai, Ashok Leyland, Mahindra, and Tata.

2005 | Kanyakumari, Tamil Nadu (India) | Active
Last Updated:

Derik Motors Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.80 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 80.65 Cr
  • Satisfied Charges ₹ 19.11 Cr
  • Revenue Growth 38.83%
  • Profit Growth 95.24%
  • Ebitda 54.87%
  • Net Worth 49.14%
  • Total Assets 10.43%

About Derik Motors

Derik Motors Private Limited (DMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 June 2005 and has a history of 19 years and eight months. Its registered office is in Kanyakumari, Tamil Nadu, India.

The Corporate was formerly known as Derik Motor 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 10.00 Cr and a paid-up capital of Rs 7.80 Cr.

The company currently has active open charges totaling ₹80.65 Cr. The company has closed loans amounting to ₹19.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Stalin Derikstalin, Ronisha Stalin, Kasthuri Stalin, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanyakumari, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50101TN2005PTC056770

  • Company No.

    056770

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive
Company report

Derik Motors Private Limited

Explore comprehensive data for Derik Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Stalin Derikstalin Country flag representing In Director 16-Dec-2013Current
Ronisha Stalin Country flag representing In Director 08-Aug-2023Current
Kasthuri Stalin Country flag representing In Director 16-Jan-2014Current
Francis Joseph Country flag representing In Director 30-Jun-2005Current

Financial Performance of Derik Motors.

Derik Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.83% increase. The company also saw a substantial improvement in profitability, with a 95.24% increase in profit. The company's net worth Soared by an impressive increase of 49.14%.

Derik Motors revenue growth over time
Derik Motors 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
38.83%
Revenue from Operations
38.84%
Total Assets
10.43%
Profit or Loss
95.24%
Net Worth
49.14%
EBITDA
54.87%

What is the Ownership and Shareholding Structure of Derik Motors?

In 2023, Derik Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹80.65 Cr

Satisfied Charges

₹19.11 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.50 Cr
  • State Bank Of India : 29.12 Cr
  • Others : 16.47 Cr
  • Canara Bank : 4.56 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2024Others₹15.00 CrOpen
27 Aug 2024Others₹1.35 MOpen
25 Apr 2024Others₹1.50 MOpen
12 Apr 2024Others₹2.20 MOpen
22 Feb 2024Others₹1.90 MOpen

How Many Employees Work at Derik Motors?

Derik Motors has a workforce of 494 employees as of Mar 22, 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.

Employee growth trends for Derik Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Derik Motors, 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 Motors'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 Motors

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100981650 was registered on 31 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100979398 was registered on 27 Aug 2024.

  • Charges

    A charge registered on 02 Nov 2018 via Charge ID 100236213 with Hdfc Bank Limited was fully satisfied on 16 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.50 Cr registered on 02 Nov 2018 with Charge ID 100236207 was modified on 19 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100916293 was registered on 25 Apr 2024.

  • Charges

    A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100902130 was registered on 12 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Derik Motors Private Limited?

    Derik Motors Private Limited was incorporated on 30 Jun 2005.

  • What is authorized share capital and paid-up capital of Derik Motors Private Limited?

    The authorized share capital of Derik Motors Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.80 Cr.

  • Who are the current board members & directors of Derik Motors Private Limited?

    Currently 4 directors are associated with Derik Motors Private Limited.

    • Stalin Derikstalin
    • Ronisha Stalin
    • Kasthuri Stalin
    • Francis Fernando Stalin Joseph

  • What is the registered address of Derik Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Derik Motors Private Limited is No.181-A, K.P Roadderik Junction India, Nagercoil 629 001, Tamil Nadu, 629001.

  • What is the corporate identification number (CIN) and company number of Derik Motors Private Limited?

    The corporate identification number (CIN) of Derik Motors Private Limited is U50101TN2005PTC056770 and the company number is 056770 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Derik Motors Private Limited?

    The Official website of Derik Motors Private Limited is https://www.deriktata.in

  • What has been the recent revenue trend for Derik Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Derik Motors Private Limited has risen by 38.83%.

  • How many employees does Derik Motors Private Limited currently have?

    As Per 2023 financial reports, 494 employees are currently employed by Derik Motors Private Limited.

  • What change has been observed in the net worth of Derik Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Derik Motors Private Limited has experienced an upsurge of 49.14%.

  • What are the total open charges for Derik Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Derik Motors Private Limited amount to ₹ 80.65 Cr.

  • When was the last Balance Sheet of Derik Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Derik Motors Private Limited was filed with the ROC on 31 Mar 2023.

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