About Deccan Financial Services Private Limited
Data last updated:
Deccan Financial Services Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the finance segment of the financial services sector. It was incorporated on 19 October 1994.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN1994PTC028960.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹53.53 Lakh. It was led by directors Prahalad Pradhan and Hadu Polai.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at New No 2 Old No 33 II Cross Street Cit Nagar West, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.42 Lakh. For the same year it recorded a net loss of ₹63,817 (net margin -18.7%) and EBITDA of -₹3,580 (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is deccanestates.com.
Company details
Contact details
Deccan Financial Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is deccanestates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew No 2 Old No 33 II Cross Street Cit Nagar West, Chennai, Tamil Nadu, India – 600035
- IndustryFinancial Services, Finance
To see the full contact details of Deccan Financial Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Deccan Financial Services is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Deccan Financial Services Private Limited, buy the company report.
Financials of Deccan Financial Services Private Limited
FY 2017 filings availableDeccan Financial Services Private Limited reported revenue of ₹3.42 Lakh for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years. EBITDA fell 106% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹3.42 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3,580 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹63,817 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1% | ||
| Net Profit Margin | -18.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Deccan Financial Services Private Limited, buy the company report.
Board of directors of Deccan Financial Services Private Limited
Deccan Financial Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prahalad Pradhan | Director | 18 May 2013 | 13 Years 5 Months | As last reported |
| Hadu Polai | Director | 18 May 2013 | 13 Years 5 Months | As last reported |
Peer comparison
Deccan Financial Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GVS India Nidhi Limited | ₹3.46 Lakh (FY 2020) | Ambedkar Nagar, Uttar Pradesh, India | ||||
| Black Diamond Mercantiles Pvt Ltd | ₹3.46 Lakh (FY 2020) | 1.0% | Kolkata, West Bengal, India | |||
| Omkanta Agro Farms Private Limited | ₹3.44 Lakh (FY 2018) | -50.0% | Jaipur, Rajasthan, India | |||
| Alamgir Motor Finance Limited | ₹3.43 Lakh (FY 2018) | -80.0% | Punjab, India | |||
| Deccan Financial Services Private Limitedthis company | ₹3.42 Lakh (FY 2017) | -₹63,817 | -18.7% | Chennai, Tamil Nadu, India | ||
| Yei Nidhi Limited | ₹3.39 Lakh (FY 2022) | 532.0% | Lucknow, Uttar Pradesh, India | |||
| Investcorp Credit Solutions Private Limited | ₹3.38 Lakh (FY 2021) | -46.0% | Mumbai, Maharashtra, India | |||
| Subhdisha Nidhi Limited | ₹3.36 Lakh (FY 2021) | Ajmer, Rajasthan, India | ||||
| Pooja Credit Money Solution Private Limited | ₹3.3 Lakh (FY 2018) | 6.0% | Delhi, India | |||
| Rupaydex Global Private Limited | ₹3.29 Lakh (FY 2025) | 357520.0% | Delhi, India |
To see the full peer comparison of Deccan Financial Services Private Limited, buy the company report.
Auditor
Deccan Financial Services Private Limited is audited by K.V.PRABHU &CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.V.PRABHU &CO | FY 2017 | 015375S |
Shareholding
The shareholding of Deccan Financial Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Deccan Financial Services Private Limited, buy the company report.
Legal cases
Deccan Financial Services Private Limited has 1 court case on record: 1 filed by Deccan Financial Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Deccan Financial Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Deccan Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Deccan Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Deccan Financial Services Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Hadu Polai ceased to be Additional Director on 30 Sep 2013.
1 earlier event is in the company report.
Frequently asked questions
Deccan Financial Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Deccan Financial Services was a private limited company based in Chennai, Tamil Nadu, India. The company worked in finance, within the financial services industry. It was incorporated on 19 October 1994 and is registered under CIN U67190TN1994PTC028960. The company has been struck off by the Registrar of Companies and is no longer operational.
Deccan Financial Services had 2 directors:
- Prahalad Pradhan - Director
- Hadu Polai - Director
The CIN (Corporate Identification Number) of Deccan Financial Services is U67190TN1994PTC028960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Deccan Financial Services is at New No 2 Old No 33 II Cross Street Cit Nagar West, Chennai, Tamil Nadu, India – 600035.
Deccan Financial Services was incorporated on 19 October 1994. It is registered with the Registrar of Companies, Chennai.
Deccan Financial Services can be reached through the website deccanestates.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Deccan Financial Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Deccan Financial Services operated in the financial services industry, in the finance segment. It worked in this industry before it was struck off.
The peers of Deccan Financial Services by revenue are GVS India Nidhi Limited, Black Diamond Mercantiles Pvt Ltd, Omkanta Agro Farms Private Limited, Alamgir Motor Finance Limited, Yei Nidhi Limited and 4 more, all in the same principal business activity (financial and credit leasing activities).
Deccan Financial Services has 1 court case on record: 1 filed by the company.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
