
Duncan Services Ltd
About Duncan Services Ltd
Data last updated:
Duncan Services Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 September 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1983PLC036742.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mayank Saraogi and Lalit Kumar Chandalia.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Duncan House 31 Netajishubasrd, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹63,100, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹11,560 (net margin 18.3%) and EBITDA of ₹15,530 (EBITDA margin 24.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Duncan Services Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDuncan House 31 Netajishubasrd, Kolkata, West Bengal, India – 700001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Duncan Services Ltd, 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 Duncan Services is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of Duncan Services Ltd, buy the company report.
Financials of Duncan Services Ltd
FY 2025 filings availableDuncan Services Ltd reported revenue of ₹63,100 (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 87% fall in the latest year. EBITDA fell 96% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15,530 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11,560 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.6% | ||||
| Net Profit Margin | 18.3% | ||||
| 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 Duncan Services Ltd, buy the company report.
Board of directors of Duncan Services Ltd
Duncan Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Saraogi Also directs: The Bhagwati Pressing Co. Ltd., Volga Investments Ltd, Ocl Investments and Leasing Ltd and 4 more | Director | 04 Jan 2023 | 3 Years 10 Months | Current |
| Lalit Kumar Chandalia | Director | 30 Dec 2021 | 4 Years 10 Months | Current |
| Venkatarama Santhanam Also directs: Shubh Shanti Services Ltd, Duncans Tea House Pvt. Ltd., Zeal Engineering Equipments Tradeco Private Limited and 5 more | Director | 30 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Duncan Services Ltd is audited by K.N.GUTGUTIA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.N.GUTGUTIA & CO | FY 2022 | 304153E |
Shareholding
The shareholding of Duncan Services Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Duncan Services Ltd, buy the company report.
Legal cases
Duncan Services Ltd has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Ram Ratan Modi ;Resolution Professional of Duncans Industries Limited; | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Duncan Services Ltd, 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 Duncan Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Duncan Services Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Duncan Services Ltd has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Mayank Saraogi ceased to be Director on 06 Sep 2023.
Frequently asked questions
Duncan Services is an active public limited company based in Kolkata, West Bengal, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 September 1983 (43+ years old) and is registered under CIN U74140WB1983PLC036742.
Duncan Services has 3 current directors:
- Mayank Saraogi - Director
- Lalit Kumar Chandalia - Director
- Venkatarama Santhanam - Director
The latest financial statements of Duncan Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Duncan Services is U74140WB1983PLC036742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duncan Services has 2 court cases on record: 2 filed against it. Most are in the nclt.
Duncan Services was incorporated on 06 September 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
Mayank Saraogi ceased to be Director on 06 Sep 2023. Mayank Saraogi was appointed as Director on 04 Jan 2023. Subhrangshu Chakrabarti ceased to be Director on 03 Jan 2022. Duncan Services has 9 board changes on record in total.
The registered office of Duncan Services is at Duncan House 31 Netajishubasrd, Kolkata, West Bengal, India – 700001.
Duncan Services operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Duncan Services is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.

