About Danco Enterprises India Private Limited
Data last updated:
Danco Enterprises India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 07 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2012PTC227820. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.23 Cr. It is led by directors Kulin Kishore Danani (Whole-Time Director) and Niraj Kishor Danani.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 11 Apollo Industrial Estste Off. Mahakali Road Andheri(East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2016, the company reported a revenue of ₹14.53 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹40.41 Lakh (net margin 2.8%) and EBITDA of ₹1.97 Cr (EBITDA margin 13.6%).
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.88 Cr on record. Court records list 45 cases involving the company, including 45 filed against it; 23 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website danco.co.in.
Company details
Contact details
Danco Enterprises India Private Limited's registered office is in Mumbai, Maharashtra. Its website is danco.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address11 Apollo Industrial Estste Off. Mahakali Road Andheri(East), Mumbai, Maharashtra, India – 400093
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Danco Enterprises India 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 Danco Enterprises India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Danco Enterprises India Private Limited, buy the company report.
Financials of Danco Enterprises India Private Limited
FY 2016 filings availableDanco Enterprises India Private Limited reported revenue of ₹14.53 Cr (up 25% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. EBITDA rose 36% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹14.53 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.97 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹40.41 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.6% | |
| Net Profit Margin | 2.8% | |
| 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 Danco Enterprises India Private Limited, buy the company report.
Board of directors of Danco Enterprises India Private Limited
Danco Enterprises India 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 |
|---|---|---|---|---|
| Niraj Kishor Danani Also directs: Danco Projects Private Limited | Director | 07 Mar 2012 | 14 Years 7 Months | Current |
| Kulin Kishore Danani Also directs: Danco Projects Private Limited | Whole-Time Director | 07 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Danco Enterprises India Private Limited is audited by JAIN JAIN & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN JAIN & ASSOCIATES | FY 2016 | 116675W |
Shareholding
The shareholding of Danco Enterprises India Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Danco Enterprises India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2017 | 100109334 | Others | ₹3 Cr | Open | |
| 09 Jan 2013 | 10407609 | State Bank of India | ₹8.88 Cr | Open |
To see the full charge records of Danco Enterprises India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Danco Enterprises India Private Limited has 45 court cases on record: 45 filed against it. 23 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 38 | 21 |
| High courts | 6 | 6 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bharatiya Fincom Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
To see the full case history of Danco Enterprises India 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.
Credit ratings & regulatory alerts
Danco Enterprises India Private Limited was last rated by Crisil on 14 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Nov 2019 |
To see the full credit ratings and regulatory alerts of Danco Enterprises India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Danco Enterprises India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Danco Enterprises India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Danco Enterprises India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Danco Enterprises India Private Limited, buy the company report.
Recent activity
Danco Enterprises India Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Gita Kishore Danani ceased to be Director on 31 Jul 2015.
Frequently asked questions
Danco Enterprises India is an active private limited company based in Mumbai, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 07 March 2012 (14+ years old) and is registered under CIN U45400MH2012PTC227820.
Danco Enterprises India has 2 current directors:
- Kulin Kishore Danani - Whole-Time Director
- Niraj Kishor Danani - Director
The latest financial statements of Danco Enterprises India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Danco Enterprises India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Danco Enterprises India is U45400MH2012PTC227820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Danco Enterprises India has 45 court cases on record: 45 filed against it. 23 are pending. Most are in the district courts.
Danco Enterprises India was incorporated on 07 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Gita Kishore Danani ceased to be Director on 31 Jul 2015. Kishore Moolraj Danani ceased to be Director on 02 Feb 2014. Gita Kishore Danani was appointed as Director on 07 Mar 2012. Danco Enterprises India has 6 board changes on record in total.
Danco Enterprises India can be reached through the website danco.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Danco Enterprises India is at 11 Apollo Industrial Estste Off. Mahakali Road AndheriEast, Mumbai, Maharashtra, India – 400093.