Duracon Financial Services Private Limited
About Duracon Financial Services Private Limited
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Duracon Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 18 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65944MH1991PTC061277.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.3 Lakh. It is led by directors Sandeep Sitaldas Balani and Sanam Sandeep Balani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No 11/12 Badri Keshwar Bldg Gr Floor 82 Marine Drive, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.03 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹38,055 (net margin 9.4%) and EBITDA of ₹50,868 (EBITDA margin 12.6%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No 11/12 Badri Keshwar Bldg Gr Floor 82 Marine Drive, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Duracon Financial Services Private Limited
The main business activity of Duracon Financial Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Duracon Financial Services Private Limited FY 2025 filings available
Duracon Financial Services Private Limited reported revenue of ₹4.03 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Duracon Financial Services Private Limited
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 2% 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 of Duracon Financial Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹50,868 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38,055 | •••• | •••• | •••• | •••• |
| 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 of Duracon Financial Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Duracon Financial Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Duracon Financial Services Private Limited
Duracon Financial Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Sitaldas Balani | Director | 18 Apr 1991 | 35 Years 6 Months | Current |
| Sanam Sandeep Balani | Director | 18 Apr 1991 | 35 Years 6 Months | Current |
Peer Comparison of Duracon Financial Services Private Limited
Duracon Financial Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Richfield Investments Limited | ₹4.04 Lakh (FY 2018) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Madaplathuruth Christian Welfare Chit Funds Limited | ₹4.04 Lakh (FY 2025) | •••• | •••• | 66.0% | •••• | North Paravur, Kerala, India |
| Lucid Real Estate Private Limited | ₹4.04 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Pferd Advisory Private Limited | ₹4.04 Lakh (FY 2021) | •••• | •••• | 65.0% | •••• | Mira Road, Thane, Maharashtra, India |
| Total Furniture Solutions Private Limited | ₹4.03 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Duracon Financial Services Private Limited this company | ₹4.03 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Lionking Marketing Private Limited | ₹4.03 Lakh (FY 2024) | •••• | •••• | 26.0% | •••• | Patna, Bihar, India |
| Gyan Shree Industrial Consultants Private Limited | ₹4.03 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | New Delhi, Delhi, India |
| Gannayak Merchants Private Limited | ₹4.02 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Promise Capital Services Limited | ₹4.02 Lakh (FY 2016) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Millenium Projects Private Limited | ₹4.01 Lakh (FY 2016) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Duracon Financial Services by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Duracon Financial Services Private Limited
Duracon Financial Services Private Limited is audited by MEHTA & VASU for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA & VASU | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Duracon Financial Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Duracon Financial Services Private Limited
Duracon Financial Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Duracon Financial Services Private Limited
Employment history and EPFO contributions of people linked to Duracon Financial Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Duracon Financial Services Private Limited
Duracon Financial Services Private Limited has 3 board changes on record since 1991: 2 appointments and 1 cessation. The latest: Lata Sitaldas Balani ceased to be Director on 10 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Duracon Financial Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Duracon Financial Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Duracon Financial Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Duracon Financial Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Duracon Financial Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Duracon Financial Services Private Limited
Duracon Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 18 April 1991 (35+ years old) and is registered under CIN U65944MH1991PTC061277.
Duracon Financial Services reported revenue of ₹4.03 Lakh for FY 2025 (up 3% YoY).
Duracon Financial Services has 2 current directors:
- Sandeep Sitaldas Balani - Director
- Sanam Sandeep Balani - Director
Duracon Financial Services reported a net profit of ₹38,055 (net margin 9.4%) and EBITDA of ₹50,868 (EBITDA margin 12.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Duracon Financial Services is -14% over three years and -18% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Duracon Financial Services is U65944MH1991PTC061277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duracon Financial Services was incorporated on 18 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Duracon Financial Services by revenue are Richfield Investments Limited, Madaplathuruth Christian Welfare Chit Funds Limited, Lucid Real Estate Private Limited, Pferd Advisory Private Limited, Total Furniture Solutions Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Lata Sitaldas Balani ceased to be Director on 10 Aug 2018. Sanam Sandeep Balani was appointed as Director on 18 Apr 1991. Sandeep Sitaldas Balani was appointed as Director on 18 Apr 1991.
The registered office of Duracon Financial Services is at Shop No 1112 Badri Keshwar Bldg Gr Floor 82 Marine Drive, Mumbai, Maharashtra, India – 400002.
Duracon Financial Services has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.3 Lakh.