About
Basic Data Updated:
29 days agoThe manufacturing and selling of beedis under the trademark 'Haribhai Desai' is the main focus of Desai Brothers Ltd. With a production rate of 7 crore sticks per day, the company has established itself as a leading player in the industry. In 2001, DBL expanded its business into the ethnic food market and acquired the renowned 'Mother's Recipe' brand from American Dry Fruits Limited. This move proved to be a game-changer for the company. The food division of DBL specializes in the production and distribution of a wide range of ethnic Indian processed foods such as pickles, pastes, ready-to-cook meals, papads, curry powder, chutney, ready-to-eat snacks, and spices. These products are not only popular in the domestic market but also in the exports market. In addition to this, DBL has also invested in Wind Mills, showcasing its commitment towards sustainable energy. Apart from its core businesses, DBL also owns a property in Whitefield, Bangalore. This property houses a 104-room 4-star hotel, which is operated on a management contract basis with Four Points.
Industry
Company Details
- Location
Pune, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U55101MH1973PLC016960 |
| Company No. | 016960 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 23 Oct 1973 |
| Date of AGM | 28 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Pune |
Products or Services related to Desai Brothers Ltd
Papad
Veg Snacks
Pickles
Instant Mixes
Financials of Desai Brothers Ltd
Desai Brothers Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 17.84% increase. The company also saw a substantial improvement in profitability, with a 32.98% increase in profit. The company's net worth Soared by an impressive increase of 14.91%.
Corporate Structure
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People in Desai Brothers Ltd
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Executive Team (2)
ND
Nitin Desai
Managing DirectorAppointment Date: 01-Apr-2007
Status: Current
ST
Sadhana Tamhankar Company SecretaryAppointment Date: 12-Aug-2019
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Corporation Bank Creation Date: 15 Feb 2016 | ₹25.00 Cr | Satisfied |
Tourism Finance Corporation Of India Limited Creation Date: 19 Sep 2007 | ₹3.50 Cr | Satisfied |
Canara Bank Creation Date: 15 Nov 2006 | ₹13.54 Cr | Satisfied |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Desai Brothers Ltd last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.
28 Aug 2023Balance Sheet
Desai Brothers Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
31 Mar 2023Charges
A charge registered on 15 Feb 2016 via Charge ID 10622951 with Corporation Bank was fully satisfied on 01 Oct 2022.
01 Oct 2022Director Appointment
Yogesh Jayant Shah was appointed as a Director was appointed as a Director on 28 Jul 2020 & has been associated with this company since 3 years 9 months .
28 Jul 2020Director Appointment
Sheetal Rajan Navani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Nov 2018 & has been associated with this company since 5 years 6 months .
04 Nov 2018
Recent News, Updates & Announcement
Mothers Recipe plans to double growth.Hospitalitybizindia 22 May 2019
- Mothers Recipe adds special Kasundi Aam Pickle to its portfolio.
Thehillstimes 27 Dec 2017
- Mothers Recipe expands product portfolio with new range of chutneys The Financial Express.
Financial Express 25 Jul 2017
- Mothers Recipe introduces a range of streetstyled authentic chutneys.
Franchise India Holdings 08 Jul 2017
Frequently asked questions
What is the Incorporation or founding date of Desai Brothers Ltd?
