Desai Brothers Ltd

This company manufactures and sells beedis, ethnic Indian food, and namkeen products.

1973 | Pune, Maharashtra (India) | Active
Last Updated:

Desai Brothers Profile

Key Indicators

  • Authorised Capital ₹ 16.10 Cr
  • Paid Up Capital ₹ 2.73 Cr
  • Company Age 51 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 131.64 Cr
  • Revenue Growth 17.84%
  • Profit Growth 32.98%
  • Ebitda 22.62%
  • Net Worth 14.91%
  • Total Assets 13.51%

About Desai Brothers

Desai Brothers Ltd (DBL) was founded in India on 23 October 1973 and has a glorious history of 51 years and five months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Desai Brothers Private Ltd. The Company is engaged in the Environment 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 16.10 Cr and a paid-up capital of Rs 2.73 Cr.

The company has closed loans amounting to ₹131.64 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Desai Brothers Ltd India is Sadhana Tamhankar as COMPANY SECRETARY. Padmanabhan Subramanian, Sheetal Navani, Kumar Iyengar, and Six other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101MH1973PLC016960

  • Company No.

    016960

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1973

  • Date of AGM

    02 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Environment
FMCG
Food and Beverages

What products or services does Desai Brothers Ltd offer?

Desai Brothers Ltd offers a wide range of products and services, including Snacks and Namkeen, Papad, Veg Snacks, Pickles, Jams & Ketchups, Pickles, Ready to Eat & Instant Food Mixes, Instant Mixes, Cooking Spices and Masala, Masala Mix, Chutney.

Who are the key members and board of directors at Desai Brothers?

Executive Team (2)

NameDesignationAppointment DateStatus
Sadhana Tamhankar Country flag representing In Company Secretary12-Aug-2019Current
Nitin Desai Country flag representing In Managing Director01-Apr-2007Current

Board Members (8)

NameDesignationAppointment DateStatus
Mukesh Patel Country flag representing In Director 22-Jun-2001Current
Padmanabhan Subramanian Country flag representing In Director 01-Apr-1999Current
Sheetal Navani Country flag representing In Whole-Time Director 04-Nov-2018Current
Kumar Iyengar Country flag representing In Director 20-Sep-2008Current
Usha Sunderarajan Country flag representing In Director 06-Sep-2014Current
Bimal Desai Country flag representing In Whole-Time Director 22-Jun-2001Current

Financial Performance of Desai Brothers.

Desai Brothers Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 17.84% increase. The company also saw a substantial improvement in profitability, with a 32.98% increase in profit. The company's net worth Soared by an impressive increase of 14.91%.

Desai Brothers revenue growth over time
Desai Brothers 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
17.84%
Revenue from Operations
15.85%
Total Assets
13.51%
Profit or Loss
32.98%
Net Worth
14.91%
EBITDA
22.62%

What is the Ownership and Shareholding Structure of Desai Brothers?

In 2023, Desai Brothers had a promoter holding of 99.96% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹131.64 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 78.59 Cr
  • Corporation Bank : 30.05 Cr
  • Tourism Finance Corporation Of India Limited : 23.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2016Corporation Bank₹25.00 CrSatisfied
19 Sep 2007Tourism Finance Corporation Of India Limited₹3.50 CrSatisfied
15 Nov 2006Canara Bank₹13.54 CrSatisfied
30 Mar 2006Tourism Finance Corporation Of India Limited₹11.50 CrSatisfied
30 Mar 2006Tourism Finance Corporation Of India Limited₹8.00 CrSatisfied

How Many Employees Work at Desai Brothers?

Desai Brothers has a workforce of 11300 employees as of Apr 01, 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 Desai Brothers Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Desai Brothers, 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 Desai Brothers'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 Desai Brothers

Recent activity within the organization

  • Annual General Meeting

    Desai Brothers Ltd last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Desai Brothers Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 15 Feb 2016 via Charge ID 10622951 with Corporation Bank was fully satisfied on 01 Oct 2022.

  • Director Appointment

    Yogesh Jayant Shah was appointed as a Director was appointed as a Director on 28 Jul 2020 & has been associated with this company since 4 years 7 months .

  • Director Appointment

    Sadhana Amit Tamhankar was appointed as a Company Secretary was appointed as a Company Secretary on 12 Aug 2019 & has been associated with this company since 5 years 7 months .

  • Director Appointment

    Sheetal Rajan Navani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Nov 2018 & has been associated with this company since 6 years 4 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Desai Brothers Ltd?

    Desai Brothers Ltd was incorporated on 23 Oct 1973.

  • What is authorized share capital and paid-up capital of Desai Brothers Ltd?

    The authorized share capital of Desai Brothers Ltd is ₹ 16.10 Cr and paid-up capital is ₹ 2.73 Cr.

  • Who are the current board members & directors of Desai Brothers Ltd?

    Currently 10 directors are associated with Desai Brothers Ltd.

    • Padmanabhan Subramanian
    • Sadhana Amit Tamhankar
    • Sheetal Rajan Navani
    • Kumar Sampat Iyengar
    • Usha Sunderarajan
    • Bimal Natubhai Desai
    • Sanjay Jasubhai Desai
    • Nitin Raojibhai Desai
    • Yogesh Jayant Shah
    • Mukesh Mangalbhai Patel

  • What is the registered address of Desai Brothers Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Desai Brothers Ltd is 1436 Kasba Peth, India, Pune, Maharashtra, 411011.

  • What is the corporate identification number (CIN) and company number of Desai Brothers Ltd?

    The corporate identification number (CIN) of Desai Brothers Ltd is U55101MH1973PLC016960 and the company number is 016960 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Desai Brothers Ltd?

    The Official website of Desai Brothers Ltd is https://www.mothersrecipe.com

  • What has been the recent revenue trend for Desai Brothers Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Desai Brothers Ltd has risen by 17.84%.

  • How many employees does Desai Brothers Ltd currently have?

    As Per 2023 financial reports, 11300 employees are currently employed by Desai Brothers Ltd.

  • What change has been observed in the net worth of Desai Brothers Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Desai Brothers Ltd has experienced an upsurge of 14.91%.

  • When was the last Balance Sheet of Desai Brothers Ltd filed with the ROC?

    The most recent Balance Sheet for Desai Brothers Ltd was filed with the ROC on 31 Mar 2024.

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