MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0019795
Des Electro Mech Private Limited - energy and power in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.01 Cr
▼ 38% YoY
Net profit · FY 2023
₹3.5 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹72.29 Lakh
EBITDA margin 6.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹6.24 Cr
Satisfied ₹3 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
59
Provident fund records
About Des Electro Mech Private Limited
Data last updated:
Des Electro Mech Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 18 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31109GJ2008PTC055715. Its GSTIN is 24AADCD0382J1ZU (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Mukesh Mohanlal Solanki and Sunil Navinchandra Harsora.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.01 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Lakh (net margin 0.3%) and EBITDA of ₹72.29 Lakh (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Des Electro Mech Pvt Ltd. As per MCA filings, the company has open charges of ₹6.24 Cr and satisfied charges of ₹3 Cr on record.
Des Electro Mech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0019795). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deselectro.com.
Company details
CIN U31109GJ2008PTC055715
Registration Number 055715
Incorporation Date 18 December 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0019795
Key People
Mukesh Mohanlal Solanki Director Sunil Navinchandra Harsora Director Pramodkumar Mittal Additional Director Recognitions & Rankings of Des Electro Mech
Contact details
Des Electro Mech Private Limited's registered office is in Surat, Gujarat. Its website is deselectro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSh.No.211 Zenonbesideoperahouse Opp.Uniquehospital Udhna – Citylightbrtscanalroad, Khatodara, Surat, Gujarat, India – 395002
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Des Electro Mech Private Limited, buy the company report.
Comprehensive company report
Des Electro Mech 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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Brands
Des Electro Mech operates one associated brand: DES ELECTRO MECH PVT LTD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical contracting services including supply, design, testing, and installations for energy and related sectors. | deselectro.com |
Business activity
The main business activity of Des Electro Mech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Des Electro Mech Private Limited, buy the company report.
Financials of Des Electro Mech Private Limited
FY 2023 filings availableDes Electro Mech Private Limited reported revenue of ₹11.01 Cr (down 38% YoY) for FY 2023.
Revenue · FY 2023
₹11.01 Cr ▼ 38%
Net profit · FY 2023
₹3.5 Lakh margin 0.3%
EBITDA · FY 2023
₹72.29 Lakh margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 18%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 10%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 38% fall in the latest year. EBITDA rose 10% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹72.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.5 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Des Electro Mech Private Limited, buy the company report.
Board of directors of Des Electro Mech Private Limited
Des Electro Mech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Mohanlal Solanki Also directs: Dagian Imex LLP, Super Solar Energy India Private Limited | Director | 18 Dec 2008 | 17 Years 10 Months | Current |
| Sunil Navinchandra Harsora | Director | 18 Dec 2008 | 17 Years 10 Months | Current |
| Pramodkumar Mittal Also directs: Tirupati Electrify Shops Private Limited | Additional Director | 25 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Des Electro Mech Private Limited is audited by BIRJU S. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIRJU S. SHAH & ASSOCIATES | FY 2023 | 131554W |
Shareholding
The shareholding of Des Electro Mech 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Des Electro Mech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.24 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2020 | 100336696 | Others | ₹40 Lakh | Open | |
| 01 Jun 2019 | 100268491 | Yes Bank Limited | ₹5.84 Cr | Open | |
| 03 May 2017 | 100112478 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied | |
| 21 Oct 2010 | 10249526 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Des Electro Mech Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Des Electro Mech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Des Electro Mech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Des Electro Mech Private Limited has a workforce of 59 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
59
Active EPFO establishments
1
Employee growth
-19.18%
GST
Des Electro Mech has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD0382J1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Des Electro Mech Private Limited, buy the company report.
Recent activity
Des Electro Mech Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Pramodkumar Mittal was appointed as Additional Director on 25 Apr 2023.
AGM
Des Electro Mech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Appointed
Pramodkumar Mittal was appointed as Additional Director.
Filing
Des Electro Mech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Ankit Rajendra Arya ceased to be Director.
Charges
A charge with Yes Bank Limited of Rs. 584.26 Lakh registered on 01 Jun 2019 with Charge ID 100268491 was modified on 07 Jan 2021.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100336696 was registered on 29 Feb 2020.
Charges
A charge registered on 03 May 2017 via Charge ID 100112478 with Hdfc Bank Limited was fully satisfied on 18 Jun 2019.
Charges
A charge registered on 21 Oct 2010 via Charge ID 10249526 with Hdfc Bank Limited was fully satisfied on 18 Jun 2019.
Charges
A charge with Yes Bank Limited amounted to Rs. 584.26 Lakh with Charge ID 100268491 was registered on 01 Jun 2019.
Ceased
Pramodkumar Mittal ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 150.00 Lakh registered on 21 Oct 2010 with Charge ID 10249526 was modified on 28 Mar 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 150.00 Lakh registered on 03 May 2017 with Charge ID 100112478 was modified on 07 Mar 2018.
5 earlier events are in the company report.
Frequently asked questions
Des Electro Mech is an active private limited company based in Surat, Gujarat, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 18 December 2008 (18+ years old) and is registered under CIN U31109GJ2008PTC055715.
Des Electro Mech has 3 current directors:
- Mukesh Mohanlal Solanki - Director
- Sunil Navinchandra Harsora - Director
- Pramodkumar Mittal - Additional Director
The latest financial statements of Des Electro Mech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Des Electro Mech is 24AADCD0382J1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Des Electro Mech is U31109GJ2008PTC055715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Des Electro Mech was incorporated on 18 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pramodkumar Mittal was appointed as Additional Director on 25 Apr 2023. Ankit Rajendra Arya ceased to be Director on 19 Sep 2022. Pramodkumar Mittal ceased to be Director on 30 May 2019. Des Electro Mech has 5 board changes on record in total.
Yes, Des Electro Mech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0019795).
Des Electro Mech can be reached through the website deselectro.com. Its registered office is in Surat, Gujarat, India.
The registered office of Des Electro Mech is at Sh.No.211 Zenonbesideoperahouse Opp.Uniquehospital Udhna – Citylightbrtscanalroad, Khatodara, Surat, Gujarat, India – 395002.
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