About Deshana Finlease Services Limited
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Deshana Finlease Services Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 25 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PLC017036.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors including Sanjay Shand (Managing Director) and Ajay Shand.
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 No. 52 7th Cross Wilson Garden, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.22 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹62.77 Lakh (net margin 295.8%) and EBITDA of ₹64.19 Lakh (EBITDA margin 302.5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shandgroup.com.
Company details
CIN history
Deshana Finlease Services has one previous CIN (Corporate Identification Number): U65910KA1995PLC017036. The current CIN is U85110KA1995PLC017036, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PLC017036 | Current |
| U65910KA1995PLC017036 | Previous |
Contact details
Deshana Finlease Services Limited's registered office is in Bangalore, Karnataka. Its website is shandgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 52 7th Cross Wilson Garden, Bangalore, Karnataka, India – 560027
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Deshana Finlease Services 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 Deshana Finlease Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Deshana Finlease Services Limited, buy the company report.
Financials of Deshana Finlease Services Limited
FY 2025 filings availableDeshana Finlease Services Limited reported revenue of ₹21.22 Lakh (up 234% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 234% growth in the latest year. EBITDA rose 37% 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 |
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| EBITDA | ₹64.19 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹62.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 302.5% | ||||
| Net Profit Margin | 295.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Deshana Finlease Services Limited, buy the company report.
Board of directors of Deshana Finlease Services Limited
Deshana Finlease Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Shand | Managing Director | 25 Jan 1995 | 31 Years 9 Months | Current |
| Ajay Shand Also directs: Diamond Pipes & Tubes Private Limited, Fulfil Tieup Pvt Ltd, Shand Pipe Industry Private Limited and 1 more | Director | 25 Jan 2006 | 20 Years 9 Months | Current |
| Shantilal Shand | Director | 25 Jan 1995 | 31 Years 9 Months | Current |
Peer comparison
Deshana Finlease Services Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aurum Capital Projects Limited | ₹21.31 Lakh (FY 2019) | 21.0% | Lucknow, Uttar Pradesh, India | |||
| Leo S.M.Finance Limited | ₹21.27 Lakh (FY 2024) | 13.0% | Madhya Pradesh, India | |||
| Deshana Finlease Services Limitedthis company | ₹21.22 Lakh (FY 2025) | ₹62.77 Lakh | 295.8% | 234.0% | Bangalore, Karnataka, India | |
| Harsh Tracom Pvt Ltd | ₹21.19 Lakh (FY 2025) | -66.0% | Kolkata, West Bengal, India | |||
| Ankit Fiscal Services Limited | ₹21.19 Lakh (FY 2025) | 46.0% | Kolkata, West Bengal, India | |||
| J R D Finance Ltd | ₹21.19 Lakh (FY 2019) | 45.0% | Kolkata, West Bengal, India | |||
| Shivsukh Dealcomm Pvt.Ltd. | ₹21.16 Lakh (FY 2024) | -11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Deshana Finlease Services Limited, buy the company report.
Auditor
Deshana Finlease Services Limited is audited by K P M S & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M S & ASSOCIATES | FY 2019 | 012090S |
Shareholding
The shareholding of Deshana Finlease Services Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Deshana Finlease Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Deshana Finlease Services 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 Deshana Finlease Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Deshana Finlease Services has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Deshana Finlease Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Deshana Finlease Services Limited has 3 board changes on record since 1995: 3 appointments. The latest: Ajay Shand was appointed as Director on 25 Jan 2006.
Frequently asked questions
Deshana Finlease Services is an active public limited company based in Bangalore, Karnataka, India. The company works in nbfc, within the financial services industry. It was incorporated on 25 January 1995 (31+ years old) and is registered under CIN U85110KA1995PLC017036.
Deshana Finlease Services has 3 current directors:
- Sanjay Shand - Managing Director
- Ajay Shand - Director
- Shantilal Shand - Director
The latest financial statements of Deshana Finlease Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Deshana Finlease Services is U85110KA1995PLC017036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deshana Finlease Services was incorporated on 25 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Deshana Finlease Services by revenue are Aurum Capital Projects Limited, Leo S.M.Finance Limited, Harsh Tracom Pvt Ltd, Ankit Fiscal Services Limited, J R D Finance Ltd and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Ajay Shand was appointed as Director on 25 Jan 2006. Sanjay Shand was appointed as Managing Director on 25 Jan 1995. Shantilal Shand was appointed as Director on 25 Jan 1995.
Deshana Finlease Services can be reached through the website shandgroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Deshana Finlease Services is at No. 52 7th Cross Wilson Garden, Bangalore, Karnataka, India – 560027.
Deshana Finlease Services operates in the financial services industry, in the nbfc segment.
The compliance status of Deshana Finlease Services is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
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