Desai Brothers Profile
Key Indicators
- Authorised Capital ₹ 16.10 Cr
- Paid Up Capital ₹ 3.64 Cr
- Company Age 51 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- 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 four 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 2023. It's a company limited by shares with an authorized capital of Rs 16.10 Cr and a paid-up capital of Rs 3.64 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, Mukesh Patel, Yogesh Shah, 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
28 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Desai  | Managing Director | 01-Apr-2007 | Current |
| Sadhana Tamhankar | Company Secretary | 12-Aug-2019 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mukesh Patel | Director | 22-Jun-2001 | Current |
| Padmanabhan Subramanian | Director | 01-Apr-1999 | Current |
| Yogesh Shah | Director | 28-Jul-2020 | Current |
| Sanjay Desai | Director | 01-Apr-1998 | Current |
| Bimal Desai | Whole-Time Director | 22-Jun-2001 | Current |
| Usha Sunderarajan | Director | 06-Sep-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Yogesh Shah Securities Private LimitedYogesh Shah is a mutual person
Gulmohar Greens-Golf And Country Club LimitedMukesh Patel is a mutual person
Elmac Agro 'Mfg' Private LimitedSanjay Desai is a mutual person
Desai Foods Private LimitedPadmanabhan Subramanian, Mukesh Patel and 1 more are mutual person
Sudarshan Chemical Industries LimitedPadmanabhan Subramanian is a mutual person
Jetsynthesys Private LimitedSheetal Navani is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2016 | Corporation Bank | ₹25.00 Cr | Satisfied |
| 19 Sep 2007 | Tourism Finance Corporation Of India Limited | ₹3.50 Cr | Satisfied |
| 15 Nov 2006 | Canara Bank | ₹13.54 Cr | Satisfied |
| 30 Mar 2006 | Tourism Finance Corporation Of India Limited | ₹11.50 Cr | Satisfied |
| 30 Mar 2006 | Tourism Finance Corporation Of India Limited | ₹8.00 Cr | Satisfied |
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.
Deals i
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
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
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.
