Destin Electrotech Private Limited
About Destin Electrotech Private Limited
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Destin Electrotech Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U32204UP2015PTC073612. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raj Kumar and Manoj Kumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No. 187 Village Abadi Tusiyana Tehsil Dadri, Noida, Uttar Pradesh, India – 203207.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.38 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹22.53 Lakh (net margin -16.3%) and EBITDA of -₹19.89 Lakh (EBITDA margin -14.4%). Revenue has grown at a compounded annual rate (CAGR) of 288% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Destin Electrotech Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 187 Village Abadi Tusiyana Tehsil Dadri, Noida, Uttar Pradesh, India – 203207
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Destin Electrotech 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 Destin Electrotech is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Destin Electrotech Private Limited, buy the company report.
Financials of Destin Electrotech Private Limited
FY 2019 filings availableDestin Electrotech Private Limited reported revenue of ₹1.38 Cr (down 57% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 288%. EBITDA fell 514% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.38 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹19.89 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹22.53 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 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -14.4% | |||
| Net Profit Margin | -16.3% | |||
| 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 | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Destin Electrotech Private Limited, buy the company report.
Board of directors of Destin Electrotech Private Limited
Destin Electrotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar | Director | 03 Nov 2015 | 10 Years 11 Months | Current |
| Manoj Kumar Also directs: Mauryan Infrastructure Private Limited | Director | 01 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Destin Electrotech Private Limited is audited by M A T S & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A T S & ASSOCIATES | FY 2018 | 024826N |
Shareholding
The shareholding of Destin Electrotech 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 Destin Electrotech Private Limited, buy the company report.
Legal cases
Destin Electrotech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd | Disposed |
To see the full case history of Destin Electrotech 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 Destin Electrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Destin Electrotech 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 Destin Electrotech Private Limited, buy the company report.
Recent activity
Destin Electrotech Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Raj Kumar ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Destin Electrotech is an active private limited company based in Noida, Uttar Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 October 2015 (11+ years old) and is registered under CIN U32204UP2015PTC073612.
Destin Electrotech has 2 current directors:
- Raj Kumar - Director
- Manoj Kumar - Director
The latest financial statements of Destin Electrotech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Destin Electrotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Destin Electrotech is U32204UP2015PTC073612. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Destin Electrotech has 1 court case on record: 1 filed against it.
Destin Electrotech was incorporated on 01 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Raj Kumar ceased to be Additional Director on 30 Sep 2016. Shatrughan Singh Rathore ceased to be Director on 05 Nov 2015. Raj Kumar was appointed as Director on 03 Nov 2015. Destin Electrotech has 4 board changes on record in total.
The registered office of Destin Electrotech is at Plot No. 187 Village Abadi Tusiyana Tehsil Dadri, Noida, Uttar Pradesh, India – 203207.
Destin Electrotech operates in the consumer electronics and durables industry, in the electronics manufacturing segment.