Duracon Financial Services Private Limited
About Duracon Financial Services Private Limited
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Duracon Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 18 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65944MH1991PTC061277.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.3 Lakh. It is led by directors Sandeep Sitaldas Balani and Sanam Sandeep Balani.
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 Shop No 11/12 Badri Keshwar Bldg Gr Floor 82 Marine Drive, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.03 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹38,055 (net margin 9.4%) and EBITDA of ₹50,868 (EBITDA margin 12.6%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Duracon Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 11/12 Badri Keshwar Bldg Gr Floor 82 Marine Drive, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Duracon Financial Services Private 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 Duracon Financial Services 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 Duracon Financial Services Private Limited, buy the company report.
Financials of Duracon Financial Services Private Limited
FY 2025 filings availableDuracon Financial Services Private Limited reported revenue of ₹4.03 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 2% 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 | ₹50,868 | ||||
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| Net Profit (PAT) | ₹38,055 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 9.4% | ||||
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To see the full financial statements and ratios of Duracon Financial Services Private Limited, buy the company report.
Board of directors of Duracon Financial Services Private Limited
Duracon Financial Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Sitaldas Balani | Director | 18 Apr 1991 | 35 Years 6 Months | Current |
| Sanam Sandeep Balani | Director | 18 Apr 1991 | 35 Years 6 Months | Current |
Auditor
Duracon Financial Services Private Limited is audited by MEHTA & VASU for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA & VASU | FY 2017 | 115811W |
Shareholding
The shareholding of Duracon Financial Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Duracon Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Duracon Financial Services Private 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 Duracon Financial Services Private Limited; 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 Duracon Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Duracon Financial Services Private Limited has 3 board changes on record since 1991: 2 appointments and 1 cessation. The latest: Lata Sitaldas Balani ceased to be Director on 10 Aug 2018.
Frequently asked questions
Duracon Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 18 April 1991 (35+ years old) and is registered under CIN U65944MH1991PTC061277.
Duracon Financial Services has 2 current directors:
- Sandeep Sitaldas Balani - Director
- Sanam Sandeep Balani - Director
The latest financial statements of Duracon Financial 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 Duracon Financial Services is U65944MH1991PTC061277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duracon Financial Services was incorporated on 18 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Lata Sitaldas Balani ceased to be Director on 10 Aug 2018. Sanam Sandeep Balani was appointed as Director on 18 Apr 1991. Sandeep Sitaldas Balani was appointed as Director on 18 Apr 1991.
The registered office of Duracon Financial Services is at Shop No 1112 Badri Keshwar Bldg Gr Floor 82 Marine Drive, Mumbai, Maharashtra, India – 400002.
Duracon Financial Services operates in the financial services industry, in the diversified financial services segment.
The compliance status of Duracon Financial Services is compliant as of 11 July 2026. The company is actively filing with the Registrar of Companies.
Duracon Financial Services can be reached at its registered office: Shop No 1112 Badri Keshwar Bldg Gr Floor 82 Marine Drive, Mumbai, Maharashtra, India – 400002.
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