Deerags Enterprises Private Limited

Deerags Enterprises Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U55209KA2018PTC111392 Incorporated 20 March 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company travel and hospitality MSME · Micro
Data last updated
Revenue · FY 2024
₹2.39 Cr
▼ 4% YoY
Net profit · FY 2024
₹10.6 Lakh
Net margin 4.4%
EBITDA · FY 2024
₹14.82 Lakh
EBITDA margin 6.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Deerags Enterprises Private Limited

Data last updated:

Deerags Enterprises Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 20 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55209KA2018PTC111392. Its GSTIN is 29AAGCD6018E1ZR (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jayachandran Viswanathan and Mysore Nanjappa Thungabhadra.

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 4C – 525 2nd Block Hrbr Layout Banaswadi, Bangalore, Karnataka, India – 560043.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.39 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹10.6 Lakh (net margin 4.4%) and EBITDA of ₹14.82 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 124% over three years.

Deerags Enterprises Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0044929).

Company details

CIN U55209KA2018PTC111392
Registration Number 111392
Incorporation Date 20 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0044929

Recognitions & Rankings of Deerags Enterprises

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-02-0044929

Contact details

Deerags Enterprises Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    4C – 525 2nd Block Hrbr Layout Banaswadi, Bangalore, Karnataka, India – 560043
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Deerags Enterprises Private Limited, buy the company report.

Comprehensive company report
Deerags Enterprises Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Deerags Enterprises is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.

To see the full business activity and turnover split of Deerags Enterprises Private Limited, buy the company report.

Financials of Deerags Enterprises Private Limited

FY 2024 filings available

Deerags Enterprises Private Limited reported revenue of ₹2.39 Cr (down 4% YoY) for FY 2024.

Revenue · FY 2024
₹2.39 Cr ▼ 4%
Net profit · FY 2024
₹10.6 Lakh margin 4.4%
EBITDA · FY 2024
₹14.82 Lakh margin 6.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 124%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 63%
5 years · compounded
▲ 138%

Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 124%. EBITDA fell 14% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹14.82 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.6 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.2%
Net Profit Margin4.4%
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

To see the full financial statements and ratios of Deerags Enterprises Private Limited, buy the company report.

Board of directors of Deerags Enterprises Private Limited

Deerags Enterprises has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Jayachandran ViswanathanDirector09 Jul 20215 Years 3 MonthsCurrent
Mysore Nanjappa ThungabhadraDirector20 Mar 20188 Years 7 MonthsCurrent
Raghavendra Hanumantha RayappaDirector20 Mar 20188 Years 7 MonthsCurrent

Auditor

Deerags Enterprises Private Limited is audited by BSRS AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BSRS AND ASSOCIATESFY 20230142185S

Shareholding

The shareholding of Deerags Enterprises Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Deerags Enterprises Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Deerags Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Deerags Enterprises has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCD6018E1ZRKarnatakaActive01 Jul 2018

To see the full GST registrations and return filing status of Deerags Enterprises Private Limited, buy the company report.

Recent activity

Deerags Enterprises Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Jayachandran Viswanathan was appointed as Director on 09 Jul 2021.

AGM
Deerags Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Deerags Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Jayachandran Viswanathan was appointed as Director.
Appointed
Mysore Nanjappa Thungabhadra was appointed as Director.
Appointed
Raghavendra Hanumantha Rayappa was appointed as Director.
Incorporation
20 Mar 2018
Deerags Enterprises Private Limited was registered on 20 Mar 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.

Frequently asked questions

Deerags Enterprises is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 20 March 2018 (8+ years old) and is registered under CIN U55209KA2018PTC111392.

Deerags Enterprises has 3 current directors:

The latest financial statements of Deerags Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Deerags Enterprises is 29AAGCD6018E1ZR, registered in Karnataka.

The CIN (Corporate Identification Number) of Deerags Enterprises is U55209KA2018PTC111392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Deerags Enterprises was incorporated on 20 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Jayachandran Viswanathan was appointed as Director on 09 Jul 2021. Mysore Nanjappa Thungabhadra was appointed as Director on 20 Mar 2018. Raghavendra Hanumantha Rayappa was appointed as Director on 20 Mar 2018.

Yes, Deerags Enterprises is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0044929).

The registered office of Deerags Enterprises is at 4C – 525 2nd Block Hrbr Layout Banaswadi, Bangalore, Karnataka, India – 560043.

Deerags Enterprises operates in the travel and hospitality industry, in the hotel and accommodation services segment.