
About Deraj Industries Limited
Data last updated:
Deraj Industries Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 14 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1988PLC047038.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.27 Cr. It was formerly known as Pacrim (India) Limited and Deraj Agrotech Limited. It is led by directors including Abhijeet Dalvi and Ashvin Morarjee Shah.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.6 Madhusadan Bunglow Durga Nagar Near Trimurti Chowk Nashik (M Corp.), Maharashtra, India – 422008.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.91 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹5.18 Lakh (net margin -43.5%) and EBITDA of -₹2.27 Lakh (EBITDA margin -19.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 14% over five years.
Court records list 3 cases involving the company, including 3 filed by the company. The company has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in November 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website derajgroup.com.
Company details
Name history
Deraj Industries has undergone 2 name changes throughout its history. The company was previously known as Pacrim (India) Limited, and Deraj Agrotech Limited. The current legal name is Deraj Industries Limited.
| Company Name | Status |
|---|---|
| Deraj Industries Limited | Current |
| Pacrim (India) Limited | Previous |
| Deraj Agrotech Limited | Previous |
CIN history
Deraj Industries has one previous CIN (Corporate Identification Number): U24110MH1988PTC047038. The current CIN is U24110MH1988PLC047038, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1988PLC047038 | Current |
| U24110MH1988PTC047038 | Previous |
Contact details
Deraj Industries Limited's registered office is in Nashik, Maharashtra. Its website is derajgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.6 Madhusadan Bunglow Durga Nagar Near Trimurti Chowk Nashik (M Corp.), Maharashtra, India – 422008
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Deraj Industries 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 Deraj Industries is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Deraj Industries Limited, buy the company report.
Financials of Deraj Industries Limited
FY 2025 filings availableDeraj Industries Limited reported revenue of ₹11.91 Lakh (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 35% fall in the latest year. EBITDA fell 126% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹2.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.18 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.1% | ||||
| Net Profit Margin | -43.5% | ||||
| 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 Deraj Industries Limited, buy the company report.
Board of directors of Deraj Industries Limited
Deraj Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Dalvi Also directs: Deraj Enterprises Private Limited | Director | 31 Mar 2018 | 8 Years 7 Months | Current |
| Ashvin Morarjee Shah Also directs: MBC Nanotech Private Limited, Bareearth (Global) Private Limited, Deraj Enterprises Private Limited and 1 more | Director | 14 Apr 1988 | 38 Years 6 Months | Current |
| Monica Ashvin Shah | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Deraj Industries Limited is audited by P. G. Ranade & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. G. Ranade & Co. | FY 2022 | 108612W |
Shareholding
The shareholding of Deraj Industries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Deraj Industries Limited, buy the company report.
Deals & funding
Deraj Industries Limited has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in November 2020.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Secondary share transfer | Undisclosed | Seller: 3 individuals |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Deraj Enterprises Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Deraj Enterprises Private Limited , Ashwin Morarjee Shah HUF, an individual Seller: 2 individuals |
| Jan 2009 | Funding round | ₹1.53 Cr | Investors: Deraj Enterprises Private Limited , 3 individuals |
To see the full deal history of Deraj Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Deraj Industries Limited has 3 court cases on record: 3 filed by Deraj Industries. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Ms Satellite Healthcare Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Ms. Satellite Healthcare Private Ltd. | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against M/S Satellite Healthcare Private Ltd. | Disposed |
To see the full case history of Deraj Industries 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 Deraj Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Deraj Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Deraj Industries Limited has 8 board changes on record since 1988: 3 appointments and 5 cessations. The latest: Kalpesh Dineshchandra Pethani ceased to be Director on 10 Apr 2019.
Frequently asked questions
Deraj Industries is an active public limited company based in Nashik, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 14 April 1988 (38+ years old) and is registered under CIN U24110MH1988PLC047038.
Deraj Industries has 3 current directors:
- Abhijeet Dalvi - Director
- Ashvin Morarjee Shah - Director
- Monica Ashvin Shah - Director
The latest financial statements of Deraj Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Deraj Industries is U24110MH1988PLC047038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deraj Industries has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Deraj Industries was incorporated on 14 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Deraj Industries has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in November 2020.
Kalpesh Dineshchandra Pethani ceased to be Director on 10 Apr 2019. Monica Ashvin Shah was appointed as Director on 08 Apr 2019. Abhijeet Dalvi ceased to be Additional Director on 30 Sep 2018. Deraj Industries has 8 board changes on record in total.
Deraj Industries can be reached through the website derajgroup.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Deraj Industries is at Plot No.6 Madhusadan Bunglow Durga Nagar Near Trimurti Chowk Nashik M Corp., Maharashtra, India – 422008.

