About Deccan I Services Private Limited
Data last updated:
Deccan I Services Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Granada Services Private Limited. It operates in the business process outsourcing sector. It was incorporated on 24 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2004PTC168566. Its GSTIN is 33AABCD9747R1ZY (Tamil Nadu). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vasudevan and Guru Devan Mitra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4A Floor Gopala Tower 25 Rajendra Place, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.59 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹17.52 Cr (net margin 27.6%) and EBITDA of ₹25.96 Cr (EBITDA margin 40.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 23% over five years.
The company has about 1,111 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹172.44 Cr and satisfied charges of ₹260 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iservices.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address4A Floor Gopala Tower 25 Rajendra Place, New Delhi, Delhi, India – 110008
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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 Deccan I Services Private Limited
The main business activity of Deccan I Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Deccan I Services Private Limited FY 2024 filings available
Deccan I Services Private Limited reported revenue of ₹63.59 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Deccan I Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 36% growth in the latest year. EBITDA rose 73% 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 Deccan I Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹25.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.52 Cr | •••• | •••• | •••• | •••• |
| 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 Deccan I Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 27.6% | •••• | •••• | •••• | •••• |
| 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 Deccan I 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.
Peer Comparison of Deccan I Services Private Limited
Deccan I Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaphexis Ventures Private Limited | ₹64.94 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Integrity Healthcare Solutions Private Limited | ₹64.61 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Ahmedabad, Gujarat, India |
| Insync Analytics (India) Private Limited | ₹64.31 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| Sunethra Infotech Private Limited | ₹63.95 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Antworks Solutions India Private Limited | ₹63.86 Cr (FY 2021) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Deccan I Services Private Limited this company | ₹63.59 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Digitech Call System Private Limited | ₹63.25 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | New Delhi, Delhi, India |
| Vasta Bio-Informatics Private Limited | ₹63.22 Cr (FY 2022) | •••• | •••• | 81.0% | •••• | Chennai, Tamil Nadu, India |
| Ileads Auxiliary Services Private Limited | ₹62.87 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Dehradun, Uttarakhand, India |
| Florafoods Management Private Limited | ₹62.75 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
| Pinebridge Investments Capital India Private Limited | ₹62.21 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Deccan I Services by revenue in the Outsourcing industry (Diversified BPO), 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 Deccan I Services Private Limited
Deccan I Services Private Limited is audited by T.R.VARAHAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T.R.VARAHAN & CO | 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.
Board of Directors of Deccan I Services Private Limited
Deccan I Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudevan Also directs: I Services India Private Limited, Phoenix Land Development Limited, Sasson Agencies Private Limited and 5 more | Director | 26 Jun 2015 | 11 Years 3 Months | Current |
| Guru Devan Mitra Also directs: I Services India Private Limited | Director | 02 Sep 2011 | 15 Years 1 Months | Current |
Ownership and Shareholding of Deccan I 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 Deccan I Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2022 | Tamilnad Mercantile Bank Limited | ₹15 Lakh | Open |
| 13 Sep 2022 | Tamilnad Mercantile Bank Limited | ₹20 Lakh | Open |
| 13 Jun 2016 | Others | ₹2.02 Cr | Open |
| 25 Apr 2013 | Oriental Bank of Commerce | ₹170 Cr | Open |
| 18 Oct 2004 | Vijaya Bank | ₹6.5 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Deccan I Services Private Limited
Deccan I Services Private Limited has a workforce of 1,111 employees as of Apr 05, 2024.
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.
CIN History of Deccan I Services Private Limited
Deccan I Services has one previous CIN (Corporate Identification Number): U72300TN2004PTC053310. The current CIN is U72300DL2004PTC168566, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300DL2004PTC168566 | Current |
| U72300TN2004PTC053310 | Previous |
Recent Activity on Deccan I Services Private Limited
Deccan I Services Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Gopal Krishna Mishra ceased to be Director on 02 Feb 2021.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Deccan I 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 Deccan I 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 Deccan I 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 Deccan I Services Private Limited
Deccan I Services has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCD9747R1ZY | Tamil Nadu | Active | 01 Jul 2017 |
| 20AABCD9747R1Z5 | Jharkhand | Active | 24 Dec 2018 |
| 32AABCD9747R1Z0 | Kerala | Active | 07 Jun 2019 |
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 Deccan I 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 Deccan I Services Private Limited
Deccan I Services is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 24 May 2004 (22+ years old) and is registered under CIN U72300DL2004PTC168566.
Deccan I Services reported revenue of ₹63.59 Cr for FY 2024 (up 36% YoY).
Deccan I Services has 2 current directors:
- Vasudevan - Director
- Guru Devan Mitra - Director
Deccan I Services reported a net profit of ₹17.52 Cr (net margin 27.6%) and EBITDA of ₹25.96 Cr (EBITDA margin 40.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Deccan I Services is 27% over three years and 23% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Deccan I Services is 33AABCD9747R1ZY, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 20AABCD9747R1Z5 (Jharkhand), 32AABCD9747R1Z0 (Kerala).
The CIN (Corporate Identification Number) of Deccan I Services is U72300DL2004PTC168566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deccan I Services was incorporated on 24 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Deccan I Services by revenue are Kaphexis Ventures Private Limited, Integrity Healthcare Solutions Private Limited, Insync Analytics (India) Private Limited, Sunethra Infotech Private Limited, Antworks Solutions India Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Gopal Krishna Mishra ceased to be Director on 02 Feb 2021. Vasudevan ceased to be Additional Director on 14 Sep 2015. Vasudevan was appointed as Director on 26 Jun 2015. Deccan I Services has 10 board changes on record in total.
Deccan I Services can be reached through the website iservices.co.in. Its registered office is in New Delhi, Delhi, India.