About Deeco Technical Services Private Limited
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Deeco Technical Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Deeco Industrial Supplies Pvt Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1989PTC051721. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹17 Lakh and a paid-up capital of ₹1.45 Lakh. It is led by directors including Vispi Minoo Daver and Dilnavaz Manek Daver.
Its last annual general meeting (AGM) was held on 04 June 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹11.75 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹37.33 Lakh (net margin -317.7%) and EBITDA of ₹6.88 Lakh (EBITDA margin 58.6%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deecogroup.com.
Company details
Contact details
Deeco Technical Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is deecogroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Tushar Shridharani Jolly Bhavan No. 1 Office No. 417 10 New Marine Lines Ch, Urchgate, Mumbai, Maharashtra, India – 400020
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Deeco Technical 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
Financials of Deeco Technical Services Private Limited
FY 2018 filings availableDeeco Technical Services Private Limited reported revenue of ₹11.75 Lakh (down 33% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 33% fall in the latest year. EBITDA fell 9% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹11.75 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.88 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹37.33 Lakh | |||
| 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 | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 58.6% | |||
| Net Profit Margin | -317.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Deeco Technical Services Private Limited, buy the company report.
Board of directors of Deeco Technical Services Private Limited
Deeco Technical Services has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vispi Minoo Daver | Director | 23 Jan 2014 | 12 Years 9 Months | Current |
| Dilnavaz Manek Daver | Director | 07 Dec 2012 | 13 Years 10 Months | Current |
| Dina Minoo Daver | Director | 25 Aug 2015 | 11 Years 2 Months | Current |
| Hosie Mohmedbhoy Hoosein | Director | 15 May 1989 | 37 Years 5 Months | Current |
Auditor
Deeco Technical Services Private Limited is audited by CNK&AssociatesLLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK&AssociatesLLP | FY 2018 | 101961W |
Shareholding
The shareholding of Deeco Technical Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Deeco Technical Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Deeco Technical Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Deeco Technical Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Deeco Technical Services Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Deeco Technical Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Deeco Technical Services Private Limited, buy the company report.
Recent activity
Deeco Technical Services Private Limited has 10 board changes on record since 1989: 4 appointments and 6 cessations. The latest: Purushottam Ganesh Gokhale ceased to be Managing Director on 03 Dec 2015.
1 earlier event is in the company report.
Frequently asked questions
Deeco Technical Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 May 1989 (37+ years old) and is registered under CIN U74999MH1989PTC051721.
Deeco Technical Services has 4 current directors:
- Vispi Minoo Daver - Director
- Dilnavaz Manek Daver - Director
- Dina Minoo Daver - Director
- Hosie Mohmedbhoy Hoosein - Director
The latest financial statements of Deeco Technical Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 04 June 2018. Year-wise statements from 2015 are in the company report.
No. Deeco Technical Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Deeco Technical Services is U74999MH1989PTC051721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deeco Technical Services was incorporated on 15 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Purushottam Ganesh Gokhale ceased to be Managing Director on 03 Dec 2015. Dina Minoo Daver ceased to be Additional Director on 30 Sep 2015. Dina Minoo Daver was appointed as Director on 25 Aug 2015. Deeco Technical Services has 10 board changes on record in total.
Deeco Technical Services can be reached through the website deecogroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Deeco Technical Services is at CO Tushar Shridharani Jolly Bhavan No. 1 Office No. 417 10 New Marine Lines Ch, Urchgate, Mumbai, Maharashtra, India – 400020.
Deeco Technical Services operates in the information technology industry, in the IT consulting and support services segment.