About Delmer Products Limited
Data last updated:
Delmer Products Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 09 June 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1987PLC009707. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94.42 Lakh. It was formerly known as Deluxe Merchandise Private Limited. It is led by directors including Mamta Parikh Viral (Managing Director) and Viral Parikh Nalinbhai (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 4/1 B.I.D.C. Gorwa Industrial Estate Gorwa, Vadodara, Gujarat, India – 390016.
As per the financials filed for FY 2016, the company reported a revenue of ₹11.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.62 Lakh (net margin 1.3%) and EBITDA of ₹30.51 Lakh (EBITDA margin 2.6%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹7.03 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it.
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 delmergroup.com.
Company details
Contact details
Delmer Products Limited's registered office is in Vadodara, Gujarat. Its website is delmergroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 4/1 B.I.D.C. Gorwa Industrial Estate Gorwa, Vadodara, Gujarat, India – 390016
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Delmer Products 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 Delmer Products is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Delmer Products Limited, buy the company report.
Financials of Delmer Products Limited
FY 2024 filings availableDelmer Products Limited reported revenue of ₹11.74 Cr (up 397% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 397% in the latest year. EBITDA rose 894% 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 | ₹11.74 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹30.51 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹15.62 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 | 2.6% | |
| Net Profit Margin | 1.3% | |
| 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 Delmer Products Limited, buy the company report.
Board of directors of Delmer Products Limited
Delmer Products has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Virendra Patel | Director | 01 Apr 1996 | 30 Years 6 Months | Current |
| Mamta Parikh Viral Also directs: Delmer Opdel Technology Private Limited | Managing Director | 01 Apr 1996 | 30 Years 6 Months | Current |
| Viral Parikh Nalinbhai Also directs: Delmer Opdel Technology Private Limited | Whole-Time Director | 09 Jun 1987 | 39 Years 4 Months | Current |
| Vijay Haribhai Patel | Additional Director | 27 Jun 2017 | 9 Years 3 Months | Current |
Auditor
Delmer Products Limited is audited by PANKASJ S. KHILOSIYA & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKASJ S. KHILOSIYA & CO. | FY 2016 | 137764W |
Shareholding
The shareholding of Delmer Products Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Delmer Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2013 | 10455924 | Bank of Baroda | ₹2.88 Cr | Satisfied | |
| 06 Sep 2013 | 10455243 | Bank of Baroda | ₹2.98 Cr | Satisfied | |
| 03 Mar 2001 | 90112657 | Bank of Baroda | ₹10 Lakh | Satisfied | |
| 04 Mar 1995 | 90109252 | Bank of Baroda | ₹1 Cr | Satisfied | |
| 28 Nov 1994 | 90109210 | Bank of Baroda | ₹7 Lakh | Satisfied |
To see the full charge records of Delmer Products Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Delmer Products Limited has 9 court cases on record: 1 filed by Delmer Products, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Sanepack Plastics Pvt.Ltd. | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Delmer Products 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Delmer Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Delmer Products Limited has a workforce of 4 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Delmer Products 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 Delmer Products Limited, buy the company report.
Recent activity
Delmer Products Limited has 6 board changes on record since 1987: 4 appointments and 2 cessations. The latest: Vijay Haribhai Patel ceased to be Additional Director on 14 Oct 2017.
10 earlier events are in the company report.
Frequently asked questions
Delmer Products is an active public limited company based in Vadodara, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 09 June 1987 (39+ years old) and is registered under CIN U51909GJ1987PLC009707.
Delmer Products has 4 current directors:
- Mamta Parikh Viral - Managing Director
- Viral Parikh Nalinbhai - Whole-Time Director
- Ritesh Virendra Patel - Director
- Vijay Haribhai Patel - Additional Director
The latest financial statements of Delmer Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Delmer Products has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Delmer Products is U51909GJ1987PLC009707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Delmer Products has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the district courts.
Delmer Products was incorporated on 09 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vijay Haribhai Patel ceased to be Additional Director on 14 Oct 2017. Vijay Haribhai Patel was appointed as Additional Director on 27 Jun 2017. Mamta Parikh Viral ceased to be Whole-Time Director on 01 Feb 2015. Delmer Products has 6 board changes on record in total.
Delmer Products can be reached through the website delmergroup.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Delmer Products is at B – 41 B.I.D.C. Gorwa Industrial Estate Gorwa, Vadodara, Gujarat, India – 390016.