MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0058464
Destini India Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹12.67 Cr
▲ 1302% YoY
Net profit · FY 2023
₹29,874
Net margin 0%
EBITDA · FY 2023
₹2.9 Lakh
EBITDA margin 0.2%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹3.35 Cr
Issued & subscribed
Open charges
₹67.06 Cr
Satisfied ₹172.3 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
64
Provident fund records
About Destini India Limited
Data last updated:
Destini India Limited is a public limited company based in New Delhi, Delhi, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 05 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17110DL1998PLC096947. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.35 Cr. It is led by directors including Ram Kumar Jha and Sanjay Kumar.
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 House No . 1 Ground Floor Smalka Road Old Delhi Gurgaon Road Near Mcd School, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29,874 (net margin 0%) and EBITDA of ₹2.9 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 71% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹67.06 Cr and satisfied charges of ₹172.3 Cr on record. Court records list 9 cases involving the company, including 9 filed against it.
Destini India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0058464). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vandsindia.com.
Company details
CIN U17110DL1998PLC096947
Registration Number 096947
Incorporation Date 05 November 1998
ROC Delhi
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-HR-05-0058464
Key People
Ram Kumar Jha Additional Director Sanjay Kumar Additional Director Chander Parkash Gauba Additional Director Recognitions & Rankings of Destini India
Contact details
Destini India Limited's registered office is in New Delhi, Delhi. Its website is vandsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No . 1 Ground Floor Smalka Road Old Delhi Gurgaon Road Near Mcd School, New Delhi, Delhi, India – 110037
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Destini India Limited, buy the company report.
Comprehensive company report
Destini India 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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Secure checkout · GST invoice included
Business activity
The main business activity of Destini India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Destini India Limited, buy the company report.
Financials of Destini India Limited
FY 2023 filings availableDestini India Limited reported revenue of ₹12.67 Cr (up 1302% YoY) for FY 2023.
Revenue · FY 2023
₹12.67 Cr ▲ 1302%
Net profit · FY 2023
₹29,874 margin 0%
EBITDA · FY 2023
₹2.9 Lakh margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
5 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▼ 97%
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years. EBITDA fell 97% 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 | ₹12.67 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29,874 | ||||
| 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 | 0.2% | ||||
| Net Profit Margin | 0% | ||||
| 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 Destini India Limited, buy the company report.
Board of directors of Destini India Limited
Destini India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Kumar Jha | Additional Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Sanjay Kumar | Additional Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Chander Parkash Gauba Also directs: Salveen Amour LLP, V & S India Private Limited, V and S Projects Private Limited and 4 more | Additional Director | 26 Oct 2015 | 11 Years 0 Months | Current |
| Madan Lal Also directs: V & S India Private Limited, V and S Projects Private Limited, V and S Industries Private Limited and 1 more | Additional Director | 05 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Destini India Limited is audited by DINESH SHAILY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH SHAILY & ASSOCIATES | FY 2023 | 522906 |
Shareholding
The shareholding of Destini India 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Destini India Limited, buy the company report.
Charges & borrowings
Open charges
₹67.06 Cr
Satisfied charges
₹172.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2006 | 10003998 | State Bank of India | ₹17.35 Cr | Open | |
| 24 Apr 2006 | 10003940 | Standard Chartered Bank | ₹30 Cr | Open | |
| 23 Mar 2006 | 10002462 | State Bank of India | ₹17.35 Cr | Open | |
| 15 Oct 1981 | 90059409 | The Haryana Financial Corporation | ₹2.36 Cr | Open | |
| 30 Mar 2011 | 10286685 | Indian Overseas Bank | ₹2.75 Cr | Satisfied |
To see the full charge records of Destini India Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Destini India Limited has 9 court cases on record: 9 filed against it. All cases are disposed.
Total cases
9
Filed against the company
9
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 0 |
Cases on record (3 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Bajaj Finance Ltd. | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by Bajaj Finance Limited Through Yogesh Yogi | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Canare Bank | Disposed |
To see the full case history of Destini India 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 Destini India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Destini India has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
3
Cancelled / inactive
3
To see the full GST registrations and return filing status of Destini India Limited, buy the company report.
Recent activity
Destini India Limited has 11 board changes on record since 2014: 4 appointments and 7 cessations. The latest: Madan Lal was appointed as Additional Director on 05 Apr 2025.
Appointed
Madan Lal was appointed as Additional Director.
Ceased
Ram Kumar Jha ceased to be Additional Director.
AGM
Destini India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Destini India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
Neeta Gauba ceased to be Additional Director.
Appointed
Sanjay Kumar was appointed as Additional Director.
Appointed
Ram Kumar Jha was appointed as Additional Director.
Ceased
Vipul Gauba ceased to be Additional Director.
Ceased
Rajeev Chandna ceased to be Director.
Appointed
Chander Parkash Gauba was appointed as Additional Director.
Ceased
Chander Parkash Gauba ceased to be Director.
Charges
A charge registered on 26 Jul 2002 via Charge ID 90062606 with Indian Overseas Bank was fully satisfied on 31 Mar 2015.
29 earlier events are in the company report.
Frequently asked questions
Destini India is an active public limited company based in New Delhi, Delhi, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 05 November 1998 (28+ years old) and is registered under CIN U17110DL1998PLC096947.
Destini India has 4 current directors:
- Ram Kumar Jha - Additional Director
- Sanjay Kumar - Additional Director
- Chander Parkash Gauba - Additional Director
- Madan Lal - Additional Director
The latest financial statements of Destini India 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.
No. Destini India has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Destini India is U17110DL1998PLC096947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Destini India has 9 court cases on record: 9 filed against it.
Destini India was incorporated on 05 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
Madan Lal was appointed as Additional Director on 05 Apr 2025. Ram Kumar Jha ceased to be Additional Director on 26 Nov 2024. Neeta Gauba ceased to be Additional Director on 20 Jun 2022. Destini India has 11 board changes on record in total.
Yes, Destini India is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0058464).
Destini India can be reached through the website vandsindia.com. Its registered office is in New Delhi, Delhi, India.
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