Desman Sourcing Private Limited
About Desman Sourcing Private Limited
Data last updated:
Desman Sourcing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the luggage handbags manufacturing segment of the leather and leather products sector. It was incorporated on 26 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U19100KA2017PTC108957. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Javeria Tanzeem and Shivakumar Hadhalgere Kempegowda.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.54 (Old No.4) 1st Floor 2nd Cross S R Nagar Lalbagh Road Sgn Layout, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.19 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹15.22 Lakh (net margin -6.9%) and EBITDA of -₹14.27 Lakh (EBITDA margin -6.5%).
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Desman Sourcing Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.54 (Old No.4) 1st Floor 2nd Cross S R Nagar Lalbagh Road Sgn Layout, Bangalore, Karnataka, India – 560027
- IndustryLeather, Luggage Handbags Manufacturing, Tanning & Dressing Of Leather
To see the full contact details of Desman Sourcing 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 Desman Sourcing is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Desman Sourcing Private Limited, buy the company report.
Financials of Desman Sourcing Private Limited
FY 2020 filings availableDesman Sourcing Private Limited reported revenue of ₹2.19 Cr (down 18% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 538% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.19 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹14.27 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹15.22 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 | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -6.5% | ||
| Net Profit Margin | -6.9% | ||
| 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 Desman Sourcing Private Limited, buy the company report.
Board of directors of Desman Sourcing Private Limited
Desman Sourcing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Javeria Tanzeem | Director | 26 Dec 2017 | 8 Years 10 Months | Current |
| Shivakumar Hadhalgere Kempegowda | Director | 26 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Desman Sourcing Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Angara Jewels Private Limited | ₹2.2 Cr (FY 2024) | Jaipur, Rajasthan, India | ||||
| Rena Fine Jewellery Private Limited | ₹2.2 Cr (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| Rainbow Paints and Chemicals Private Limited | ₹2.2 Cr (FY 2025) | 33.0% | Jodhpur, Rajasthan, India | |||
| R L Jute Mills Private Limited | ₹2.2 Cr (FY 2025) | -21.0% | Siliguri, West Bengal, India | |||
| Thuluvananickal Pipes Private Limited | ₹2.19 Cr (FY 2025) | -21.0% | Kannur Dt, Kerala, India | |||
| Desman Sourcing Private Limitedthis company | ₹2.19 Cr (FY 2020) | -₹15.22 Lakh | -6.9% | -18.0% | Bangalore, Karnataka, India | |
| Lanfest Private Limited | ₹2.19 Cr (FY 2024) | -2.0% | New Delhi, Delhi, India | |||
| Ka Xtra-Fun Inflatables Private Limited | ₹2.19 Cr (FY 2025) | -55.0% | Hyderabad, Telangana, India | |||
| Vellora Jewels Private Limited | ₹2.19 Cr (FY 2024) | 205.0% | Mumbai, Maharashtra, India | |||
| Metco Sports Private Limited | ₹2.19 Cr (FY 2025) | -13.0% | Meerut, Uttar Pradesh, India | |||
| Belsan Multi-Tek Private Limited | ₹2.19 Cr (FY 2024) | -24.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Desman Sourcing Private Limited, buy the company report.
Legal cases
Desman Sourcing Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Mehta Sons, Rep. by Its Proprietor, Manoj Mehta | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Mehta Sons, Rep by Manoj Mehta | Disposed |
To see the full case history of Desman Sourcing 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 Desman Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Desman Sourcing 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 Desman Sourcing Private Limited, buy the company report.
Recent activity
Desman Sourcing Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Javeria Tanzeem was appointed as Director on 26 Dec 2017.
Frequently asked questions
Desman Sourcing is an active private limited company based in Bangalore, Karnataka, India. The company works in luggage handbags manufacturing, within the leather industry. It was incorporated on 26 December 2017 (9+ years old) and is registered under CIN U19100KA2017PTC108957.
Desman Sourcing has 2 current directors:
- Javeria Tanzeem - Director
- Shivakumar Hadhalgere Kempegowda - Director
The latest financial statements of Desman Sourcing on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
No. Desman Sourcing has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Desman Sourcing is U19100KA2017PTC108957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desman Sourcing has 2 court cases on record: 2 filed against it.
Desman Sourcing was incorporated on 26 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Desman Sourcing by revenue are Angara Jewels Private Limited, Rena Fine Jewellery Private Limited, Rainbow Paints and Chemicals Private Limited, R L Jute Mills Private Limited, Thuluvananickal Pipes Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Javeria Tanzeem was appointed as Director on 26 Dec 2017. Shivakumar Hadhalgere Kempegowda was appointed as Director on 26 Dec 2017.
The registered office of Desman Sourcing is at No.54 Old No.4 1st Floor 2nd Cross S R Nagar Lalbagh Road Sgn Layout, Bangalore, Karnataka, India – 560027.
Desman Sourcing operates in the leather industry, in the luggage handbags manufacturing segment.