India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#394- Valuation
- ₹13,190 Cr
2023 #419 2022 #400 2021 #445
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About DS Group
DS Group is a Consumer company based in Noida (India). DS Group is recognized as a leading FMCG conglomerate in India. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model in Consumer and Travel & Hospitality sectors. The company has 3,319 employees. DS Group has completed 3 acquisitions, including Magma General Insurance, Marche Retail and The Good Stuff. Its Indian entity Dharampal Satyapal Limited reported revenue of ₹5,914 Cr. DS Group offers products and services including Catch Masala & Beverages, Rajnigandha, Pass Pass Pulse, Ksheer, and The Manu Maharani. Its focus areas include Consumer Goods, FMCG, Food & Beverages and Confectionery.
Company details
DS Group is established as a prominent conglomerate in India, focusing on Fast Moving Consumer Goods (FMCG) with diverse offerings in food and beverages, confectionery, mouth fresheners, and tobacco. Operations are extended into hospitality with luxury hotels, dairy products, luxury retail, restaurants, cafes, and agri-business. Innovation and quality are prioritized across sectors, with solutions tailored for consumer needs. Sustainability and corporate social responsibility are integrated through initiatives in water conservation, education, and livelihood enhancement. A wide network of manufacturing units, agri sites, and depots is maintained to ensure product availability across the country.
Recognitions & Rankings of DS Group
- Headquarters Noida, India
- Employees 3,319
- SectorsConsumerTravel & Hospitality
- Phone•••• ••••
- Website dsgroup.com
- Social LinkedIn
- Legal Name Dharampal Satyapal Ltd
- Date of Incorporation 11 Dec, 1989
- Jurisdiction New Delhi, Delhi, India
Operational Areas
Key Metrics
- Annual Revenue₹5,914 Cr
FY 2025 · -1% YoY
- Net Profit₹324 Cr
FY 2025 · 5% margin
- EBITDA₹599 Cr
FY 2025 · 10% margin
- Employee Count3,319
- Investments & AcquisitionsMagma General Insurance
& 2 more
Associated legal entities of DS Group
DS Group operates through Dharampal Satyapal Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dharampal Satyapal Limited CIN U52110DL1989PLC038613 | Active | 11 Dec 1989 | New Delhi, Delhi | ₹5,914 Cr | 3,319 | 16 | View details |
Products & Services of DS Group
DS Group offers a comprehensive portfolio of products and services, including Catch Masala & Beverages, Rajnigandha, Pass Pass Pulse, Ksheer, and The Manu Maharani.
Catch Masala & Beverages
Food & Beverages
Spices and beverages are offered for culinary enhancement.
Rajnigandha
Mouth Fresheners
Mouth fresheners are provided for refreshing breath daily.
Pass Pass Pulse
Confectionery
Candies are produced for a delightful sweet experience.
Ksheer
Dairy
Dairy products are made with assured quality standards.
The Manu Maharani
Hospitality & Hotels
Luxury hotel services are provided in Nainital area.
Board of directors of Dharampal Satyapal Limited (DS Group)
Dharampal Satyapal Limited is the primary company behind DS Group. The board of Dharampal Satyapal Limited currently have 14 directors; the longest-serving is Rajiv Kumar, appointed in 1989. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Kumar DIN 00028328 | Director | 11 Dec 1989 | 36 yrs 10 mo | Dharampal Satyapal Limited |
| Puesh Kumar Gupta DIN 00041847 | Whole-time director | 15 Dec 1989 | 36 yrs 10 mo | Dharampal Satyapal Limited |
| Ravinder Kumar DIN 00111113 | Director | 10 Jul 2003 | 23 yrs 3 mo | Dharampal Satyapal Limited |
| Atul Jain DIN 00060933 | Whole-time director | 10 May 2007 | 19 yrs 5 mo | Dharampal Satyapal Limited |
| Chander Kant Sharma DIN 03504135 | Whole-time director | 01 May 2011 | 15 yrs 5 mo | Dharampal Satyapal Limited |
| Vishnu Bihari Sharma DIN 00340572 | Whole-time director | 01 Oct 2016 | 10 yrs | Dharampal Satyapal Limited |
| Saurabh Gupta DIN 01952020 | Whole-time director | 01 Oct 2019 | 7 yrs | Dharampal Satyapal Limited |
| Ravi Gupta DIN 00023487 | Director | 15 Nov 2019 | 6 yrs 11 mo | Dharampal Satyapal Limited |
| Basant Seth DIN 02798529 | Director | 15 Nov 2019 | 6 yrs 11 mo | Dharampal Satyapal Limited |
| Shuchi Khandelwal DIN 08955400 | Director | 12 Nov 2020 | 5 yrs 11 mo | Dharampal Satyapal Limited |
| Promod Kumar Padhy DIN 07509832 | Whole-time director | 24 May 2021 | 5 yrs 5 mo | Dharampal Satyapal Limited |
| Pawan Kumar Goyal DIN 09171979 | Whole-time director | 30 Sep 2021 | 5 yrs | Dharampal Satyapal Limited |
| Girish Kumar Ahuja DIN 00446339 | Director | 01 Jan 2022 | 4 yrs 9 mo | Dharampal Satyapal Limited |
| Sanjay Aneja DIN 08215358 | CFO | 11 Nov 2022 | 3 yrs 11 mo | Dharampal Satyapal Limited |
People of DS Group
2 people are tracked at DS Group (2 in leadership); the tracked headcount is 3,319.
| Name | Role | Group |
|---|---|---|
Sanjay Gupta | Sr Vice President | Leadership |
Sanjeev Malhan | Chief Financial Officer | Leadership |
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Financials of DS Group
Figures of Dharampal Satyapal Limited, the primary company behind DS Group, for FY 2025. Revenue was ₹5,914 Cr (-1% year on year). Net profit was ₹324 Cr (5% margin). EBITDA was ₹599 Cr (10% margin). Revenue has grown at a compounded annual rate of +9% over five years.
- ₹5,914 CrRevenue · FY 2025 · -1% YoY
- ₹324 CrNet profit · 5% margin
- ₹599 CrEBITDA · 10% margin
- ₹24.05 CrPaid-up capital
- 3,319Employees (provident fund records)
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dharampal Satyapal Limited are on its company page.
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Detailed financial statements for DS Group
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Investments & Acquisitions by DS Group
DS Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Magma General Insurance, Marche Retail and The Good Stuff.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-category insurance for vehicles, health, and commercial risks is offered. | magmainsurance.com | Mumbai, India | 1988 | Mar 2025 | $516.33M | |
Brand of chocolates and confectionary | tgspl.in | Bengaluru, India | 2013 | Jun 2023 | •••• | |
Fresh food is retailed by Marche Retail in Delhi, India. | marcheretail.com | Delhi, India | 2005 | Aug 2016 | •••• |
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Complete acquisition details for DS Group
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Timeline of DS Group
3 dated milestones of DS Group across 9 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires Marche Retail.
- Acquisition Acquires The Good Stuff.
- Acquisition Acquires Magma General Insurance.
Web traffic of DS Group
Websites that share an audience with DS Group (dsgroup.com).
Similar websites
Websites whose visitors overlap most with DS Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| catchfoods.com | 79% | 12.4K | #2,112,276 | View details | |
| ananda.in | 77% | 13.5K | #1,815,474 | View details | |
| prideofcows.com | 73% | 27K | #1,011,054 | View details | |
| parasdairy.com | 73% | 5.1K | #2,768,769 | View details | |
| parsidairyfarm.com | 48% | 33.9K | #971,983 | View details |
Top companies in Alcoholic & Tobacco Products
3 companies that operate in the same segment as DS Group (Alcoholic & Tobacco Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Flavored craft beers are produced and distributed by Bira 91. | 2015 | Delhi, Delhi, India | USD 456.92 M | USD 105.75 M | 1,020 | |
Brand of multi-category alcoholic spirits | 2017 | Delhi, Delhi, India | USD 9.83 M | USD 3.99 M | 54 | |
Brand of beer and spirits | 2017 | Gurugram, Haryana, India | USD 8.89 M | USD 2.66 M | 33 |
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Related news about Ds Group
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Articles about DS Group on our blog
Frequently Asked Questions about DS Group
DS Group is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
DS Group has 3,319 employees.
The primary company behind DS Group, Dharampal Satyapal Limited, reported revenue of ₹5,914 Cr for FY 2025, down 1% year on year.
DS Group is established as a prominent conglomerate in India, focusing on Fast Moving Consumer Goods (FMCG) with diverse offerings in food and beverages, confectionery, mouth fresheners, and tobacco. Operations are extended into hospitality with luxury hotels, dairy products, luxury retail, restaurants, cafes, and agri-business. Innovation and quality are prioritized across sectors, with solutions tailored for consumer needs. Sustainability and corporate social responsibility are integrated through initiatives in water conservation, education, and livelihood enhancement. A wide network of manufacturing units, agri sites, and depots is maintained to ensure product availability across the country.
DS Group offers Catch Masala & Beverages, Rajnigandha, Pass Pass Pulse, Ksheer, and The Manu Maharani.
DS Group has made 3 acquisitions, including Magma General Insurance, Marche Retail, and The Good Stuff.
DS Group operates through Dharampal Satyapal Limited.
The legal entities of DS Group currently have 15 directors, including Sanjay Aneja, Pawan Kumar Goyal, Shuchi Khandelwal and others.