India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,608 Bimal Natubhai Desai & family ₹1,200 Cr
- #1,673 Sanjay Jasubhai Desai & family ₹1,100 Cr
Revenue · FY 2026
₹12.51 Cr
▲ 15% YoY
Net profit · FY 2026
₹9.75 Cr
Net margin 78%
EBITDA · FY 2026
₹11.73 Cr
EBITDA margin 93.8%
Authorised capital
₹3.05 Cr
Registered with MCA
Paid-up capital
₹1.27 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered
About Desons Finvest Private Limited
Data last updated:
Desons Finvest Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 17 March 2009 and has been in existence for over 17 years.
Its director Bimal Natubhai Desai and family are #1,608 among India's richest people (2026). Its director Sanjay Jasubhai Desai and family are #1,673 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65910PN2009PTC133658. Its GSTIN is 27AADCD1227E1Z5 (Maharashtra).
The company has an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹1.27 Cr. It is led by directors including Sanjay Jasubhai Desai and Nitin Raojibhai Desai.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Desai House 177/2 Dhole Patil Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2026, the company reported a revenue of ₹12.51 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹9.75 Cr (net margin 78%) and EBITDA of ₹11.73 Cr (EBITDA margin 93.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 9% over five years.
The company is associated with 1 brand: Pitaara. Court records list 5 cases involving the company, including 5 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mothersrecipe.com.
Company details
CIN U65910PN2009PTC133658
Registration Number 133658
Incorporation Date 17 March 2009
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Key People
Sanjay Jasubhai Desai Director Nitin Raojibhai Desai Director Sheetal Rajan Navani Director Recognitions & Rankings of Desons Finvest
Contact details
Desons Finvest Private Limited's registered office is in Pune, Maharashtra. Its website is mothersrecipe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDesai House 177/2 Dhole Patil Road, Pune, Maharashtra, India – 411001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Desons Finvest Private Limited, buy the company report.
Comprehensive company report
Desons Finvest 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
Desons Finvest operates one associated brand: Pitaara. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Extruded snacks are branded and distributed by Pitaara in India. | pitaara.com |
Business activity
The main business activity of Desons Finvest is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Desons Finvest Private Limited, buy the company report.
Financials of Desons Finvest Private Limited
FY 2026 filings availableDesons Finvest Private Limited reported revenue of ₹12.51 Cr (up 15% YoY) for FY 2026.
Revenue · FY 2026
₹12.51 Cr ▲ 15%
Net profit · FY 2026
₹9.75 Cr margin 78%
EBITDA · FY 2026
₹11.73 Cr margin 93.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 28%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 32%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 15% growth in the latest year. EBITDA rose 19% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.51 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.75 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.8% | ||||
| Net Profit Margin | 78% | ||||
| 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 Desons Finvest Private Limited, buy the company report.
Board of directors of Desons Finvest Private Limited
Desons Finvest has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Jasubhai Desai Also directs: Desai Brothers Ltd, Konkan Medical Services Private Limited, Acadia Realty LLP and 5 more | Director | 17 Mar 2009 | 17 Years 7 Months | Current |
| Nitin Raojibhai Desai | Director | 17 Mar 2009 | 17 Years 7 Months | Current |
| Sheetal Rajan Navani Also directs: Desai Brothers Ltd, Desons Holdings and Finance Pvt Ltd, Sai Sanju Ramesh Navani Family Foundation and 1 more | Director | 06 Jul 2018 | 8 Years 4 Months | Current |
| Bimal Natubhai Desai Also directs: Desai Brothers Ltd, Konkan Medical Services Private Limited, Desons Holdings and Finance Pvt Ltd and 1 more | Director | 17 Mar 2009 | 17 Years 7 Months | Current |
| Pravin Hiralal Jain | Director | 06 Jul 2018 | 8 Years 4 Months | Current |
| Umesh Shantilal Parekh Also directs: Riverside Spaces LLP, Nutan Tobacco Private Limited | Director | 06 Jul 2018 | 8 Years 4 Months | Current |
Auditor
Desons Finvest Private Limited is audited by Suresh C. Shah & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh C. Shah & Co | FY 2026 | 110664W |
Shareholding
The shareholding of Desons Finvest Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Desons Finvest Private Limited, buy the company report.
Legal cases
Desons Finvest Private Limited has 5 court cases on record: 5 filed by Desons Finvest. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
5
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 3 | 0 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against JT. Commissioner of Income Tax | Pending |
| Supreme Court | Court case | Filed by the company against Commissioner of Income-Tax-Iii | Pending |
| Supreme Court | Court case | Filed by the company against Commissioner of Income Tax | Pending |
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Desons Finvest Private 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 Desons Finvest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Desons Finvest has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD1227E1Z5 | Maharashtra | Active | 01 Sep 2020 |
To see the full GST registrations and return filing status of Desons Finvest Private Limited, buy the company report.
Recent activity
Desons Finvest Private Limited has 9 board changes on record since 2009: 6 appointments and 3 cessations. The latest: Pravin Hiralal Jain ceased to be Additional Director on 06 Aug 2018.
Filing
Desons Finvest Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Desons Finvest Private Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records.
Ceased
Pravin Hiralal Jain ceased to be Additional Director.
Ceased
Sheetal Rajan Navani ceased to be Additional Director.
Ceased
Umesh Shantilal Parekh ceased to be Additional Director.
Appointed
Pravin Hiralal Jain was appointed as Director.
Appointed
Sheetal Rajan Navani was appointed as Director.
Appointed
Umesh Shantilal Parekh was appointed as Director.
Appointed
Bimal Natubhai Desai was appointed as Director.
Appointed
Nitin Raojibhai Desai was appointed as Director.
Appointed
Sanjay Jasubhai Desai was appointed as Director.
Incorporation
17 Mar 2009
Desons Finvest Private Limited was registered on 17 Mar 2009 with Roc Pune & aged 17 years 7 months as per MCA records.
Frequently asked questions
Desons Finvest is an active private limited company based in Pune, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 17 March 2009 (17+ years old) and is registered under CIN U65910PN2009PTC133658.
Desons Finvest has 6 current directors:
- Sanjay Jasubhai Desai - Director
- Nitin Raojibhai Desai - Director
- Sheetal Rajan Navani - Director
- Bimal Natubhai Desai - Director
- Pravin Hiralal Jain - Director
- Umesh Shantilal Parekh - Director
The latest financial statements of Desons Finvest on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Desons Finvest is 27AADCD1227E1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Desons Finvest is U65910PN2009PTC133658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desons Finvest has 5 court cases on record: 5 filed by the company. 3 are pending. Most are in the supreme court.
Desons Finvest was incorporated on 17 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Pravin Hiralal Jain ceased to be Additional Director on 06 Aug 2018. Sheetal Rajan Navani ceased to be Additional Director on 06 Aug 2018. Umesh Shantilal Parekh ceased to be Additional Director on 06 Aug 2018. Desons Finvest has 9 board changes on record in total.
Desons Finvest can be reached through the website mothersrecipe.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Desons Finvest is at Desai House 1772 Dhole Patil Road, Pune, Maharashtra, India – 411001.
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