Desai Brothers Ltd logo

Desai Brothers Ltd

This company manufactures and sells beedis, ethnic Indian food, and namkeen products.
1973 | Pune, Maharashtra (India) | Active

Last Updated:

July 06, 2024
HomeCompanyDesai Brothers Ltd

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

Executive Team (2)

NameDesignationAppointment DateStatus
Nitin Desai InManaging Director01-Apr-2007Current
Sadhana Tamhankar InCompany Secretary12-Aug-2019Current

Board Members(8)

NameDesignationAppointment DateStatus
Mukesh Patel In Director 22-Jun-2001Current
Padmanabhan Subramanian In Director 01-Apr-1999Current
Yogesh Shah In Director 28-Jul-2020Current
Sanjay Desai In Director 01-Apr-1998Current
Bimal Desai In Whole-Time Director 22-Jun-2001Current
Usha Sunderarajan In Director 06-Sep-2014Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹131.64 Cr

LenderAmountStatus

Corporation Bank

Creation Date: 15 Feb 2016
₹25.00 CrSatisfied

Tourism Finance Corporation Of India Limited

Creation Date: 19 Sep 2007
₹3.50 CrSatisfied

Canara Bank

Creation Date: 15 Nov 2006
₹13.54 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.

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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 28 Aug 2023 as per latest MCA records.

    28 Aug 2023

  • Balance Sheet

    Desai Brothers Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

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

    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 4 months .

    28 Jul 2020

  • 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 1 month .

    04 Nov 2018

  • Charges

    A charge registered on 31 Dec 1997 via Charge ID 90090605 with Canara Bank was fully satisfied on 13 Dec 2017.

    13 Dec 2017

Frequently asked questions

  • Desai Brothers Ltd was incorporated on 23 Oct 1973.

  • The authorized share capital of Desai Brothers Ltd is ₹ 16.10 Cr and paid-up capital is ₹ 3.64 Cr.

  • Currently 10 directors are associated with Desai Brothers Ltd.

    • Padmanabhan Subramanian
    • Mukesh Mangalbhai Patel
    • Yogesh Jayant Shah
    • Nitin Raojibhai Desai
    • Sanjay Jasubhai Desai
    • Bimal Natubhai Desai
    • Usha Sunderarajan
    • Kumar Sampat Iyengar
    • Sheetal Rajan Navani
    • Sadhana Amit Tamhankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desai Brothers Ltd is 1436Kasba PethPune, Maharashtra, India, 411011.

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

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

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

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

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

  • The most recent Balance Sheet for Desai Brothers Ltd was filed with the ROC on 31 Mar 2023.

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