MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0350273
Depl Projects Limited - telecom in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹70.61 Cr
▼ 3% YoY
Net profit · FY 2025
₹3.49 Cr
Net margin 4.9%
EBITDA · FY 2025
₹4.86 Cr
EBITDA margin 6.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹11 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
32
Provident fund records
About Depl Projects Limited
Data last updated:
Depl Projects Limited is a public limited company based in Thane, Maharashtra, India, a subsidiary of Dinesh Engineers Limited. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 09 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2022PLC380234. Its GSTIN is 27AAJCD2027L1ZK (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Darshankumar Dinesh Kargal and Shashikala Dinesh Kargal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Depl House 1st Flr Neighbourhood Shpg Complex Plot No – 10 11 Sector – 4 Nerul, Thane, Maharashtra, India – 400706.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.61 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.49 Cr (net margin 4.9%) and EBITDA of ₹4.86 Cr (EBITDA margin 6.9%).
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11 Cr on record.
Depl Projects Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0350273). For more details, the company can be reached via its website depl.co.in.
Company Details of Depl Projects Limited
CIN U45201MH2022PLC380234
Registration Number 380234
Incorporation Date 09 April 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Dinesh Engineers Limited
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0350273
Key People
Darshankumar Dinesh Kargal Director Shashikala Dinesh Kargal Director Dinesh Kollaiah Kargal Director Recognitions & Rankings of Depl Projects
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDepl House 1st Flr Neighbourhood Shpg Complex Plot No – 10 11 Sector – 4 Nerul, Thane, Maharashtra, India – 400706
- IndustryTelecom, Telecom Infrastructure
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Business Activity of Depl Projects Limited
The main business activity of Depl Projects is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Depl Projects Limited FY 2025 filings available
Depl Projects Limited reported revenue of ₹70.61 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹70.61 Cr ▼ 3%
Net profit · FY 2025
₹3.49 Cr margin 4.9%
EBITDA · FY 2025
₹4.86 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR) of Depl Projects Limited
Revenue CAGR growth
1 year
▼ 3%
EBITDA CAGR growth
1 year
▲ 1%
Revenue fell 3% in the latest year. EBITDA rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Depl Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹4.86 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.49 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 Depl Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.9% | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• |
| 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 Depl Projects are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of Depl Projects Limited
Depl Projects has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshankumar Dinesh Kargal Also directs: Dinesh Engineers Limited, Gasonet Services (UK) Limited, Gasonet Services (RJ) Limited and 3 more | Director | 09 Apr 2022 | 4 Years 6 Months | Current |
| Shashikala Dinesh Kargal Also directs: Dinesh Engineers Limited, Gasonet Services (UK) Limited, Gasonet Services (RJ) Limited and 2 more | Director | 09 Apr 2022 | 4 Years 6 Months | Current |
| Dinesh Kollaiah Kargal Also directs: Dinesh Engineers Limited, Gasonet Services (UK) Limited, Gasonet Services (RJ) Limited and 4 more | Director | 09 Apr 2022 | 4 Years 6 Months | Current |
Peer Comparison of Depl Projects Limited
Depl Projects Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Infrastructure). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Signotox Towers Private Limited | ₹85.92 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mohali, Punjab, India |
| Pawan Communications Private Limited | ₹85.32 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Guwahati, Assam, India |
| S R K Tele Energy (India) Private Limited | ₹81.53 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | New Delhi, Delhi, India |
| Goodwill Cables & Projects Private Limited | ₹79.49 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Bengaluru, Karnataka, India |
| Solux Galfab Private Limited | ₹74.17 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Depl Projects Limited this company | ₹70.61 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Thane, Maharashtra, India |
| International Trenching Private Limited | ₹65.92 Cr (FY 2018) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Bondada Managed Services Private Limited | ₹62.93 Cr (FY 2025) | •••• | •••• | •••• | Secunderabad, Telangana, India | |
| Mendu Enterprise Private Limited | ₹60.13 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Hyderabad, Telangana, India |
| Icon Power Solutions Private Limited | ₹60.06 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Mukand Systems and Networking Private Limited | ₹59.97 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Guwahati, Assam, India |
Peers are the five companies nearest above and the five nearest below Depl Projects by revenue in the Telecom industry (Telecom Infrastructure), 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 Depl Projects Limited
Depl Projects Limited is audited by Mansaka Ravi & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mansaka Ravi & Associates | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Depl Projects Limited
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Charges & Borrowings of Depl Projects Limited
Open charges
₹11 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2025 | Others | ₹11 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Depl Projects Limited
Depl Projects Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 17 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| M/S Diamond Construction & Eng. Co. | •••• | •••• | •••• |
| Jai Shree Raj Enterprises | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Depl Projects Limited
Depl Projects Limited has a workforce of 32 employees as of Apr 05, 2024.
Employee count
32
Active EPFO establishments
1
Employee growth
966.67%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Depl Projects Limited
Depl Projects Limited has 3 board changes on record since 2022: 3 appointments. The latest: Darshankumar Dinesh Kargal was appointed as Director on 09 Apr 2022.
AGM
Depl Projects Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,100.00 Lakh with Charge ID 101170946 was registered on 26 Jun 2025.
Filing
Depl Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Darshankumar Dinesh Kargal was appointed as Director.
Appointed
Dinesh Kollaiah Kargal was appointed as Director.
Appointed
Shashikala Dinesh Kargal was appointed as Director.
Incorporation
09 Apr 2022
Depl Projects Limited was registered on 09 Apr 2022 with Roc Mumbai & aged 4 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Depl Projects Limited
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Subsidiaries & Group Companies of Depl Projects Limited
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GST Compliance of Depl Projects Limited
Depl Projects has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCD2027L1ZK | Maharashtra | Active | 17 Jun 2022 |
| 22AAJCD2027L1ZU | Chattisgarh | Active | 21 Jul 2022 |
| 10AAJCD2027L1ZZ | Bihar | Active | 01 Mar 2023 |
| 03AAJCD2027L1ZU | Punjab | Active | 02 Mar 2023 |
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MCA Filings & Documents of Depl Projects Limited
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Related news about Depl Projects Limited
Frequently Asked Questions about Depl Projects Limited
Depl Projects is an active public limited company based in Thane, Maharashtra, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 09 April 2022 (4+ years old) and is registered under CIN U45201MH2022PLC380234.
Depl Projects reported revenue of ₹70.61 Cr for FY 2025 (down 3% YoY).
Depl Projects has 3 current directors:
- Darshankumar Dinesh Kargal - Director
- Shashikala Dinesh Kargal - Director
- Dinesh Kollaiah Kargal - Director
Depl Projects reported a net profit of ₹3.49 Cr (net margin 4.9%) and EBITDA of ₹4.86 Cr (EBITDA margin 6.9%) for FY 2025, as per its filed financial statements.
The GSTIN of Depl Projects is 27AAJCD2027L1ZK, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 22AAJCD2027L1ZU (Chattisgarh), 10AAJCD2027L1ZZ (Bihar), 03AAJCD2027L1ZU (Punjab).
The CIN (Corporate Identification Number) of Depl Projects is U45201MH2022PLC380234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Depl Projects was incorporated on 09 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Depl Projects by revenue are Signotox Towers Private Limited, Pawan Communications Private Limited, S R K Tele Energy (India) Private Limited, Goodwill Cables & Projects Private Limited, Solux Galfab Private Limited and 5 more, all in the Telecom industry (Telecom Infrastructure).
Darshankumar Dinesh Kargal was appointed as Director on 09 Apr 2022. Dinesh Kollaiah Kargal was appointed as Director on 09 Apr 2022. Shashikala Dinesh Kargal was appointed as Director on 09 Apr 2022.
Yes, Depl Projects is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0350273).
Depl Projects has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 17 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Depl Projects can be reached through the website depl.co.in. Its registered office is in Thane, Maharashtra, India.