MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-22-0004266
Deco Equipments Private Limited - automotive in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.55 Cr
▼ 14% YoY
Net loss · FY 2023
₹2.69 Cr
Net margin -35.6%
EBITDA · FY 2023
₹22.92 Lakh
EBITDA margin 3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.9 Cr
Issued & subscribed
Open charges
₹19.07 Cr
Satisfied ₹36.66 Lakh
Company age
39 yrs
Est. 1987
Employees · EPFO
27
Provident fund records
About Deco Equipments Private Limited
Data last updated:
Deco Equipments Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 15 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29150KA1987PTC008489. Its GSTIN is 29AAACD6194M1Z3 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.9 Cr. It is led by directors Fernandes Amelion Daric (Managing Director) and Fernandes Delphine.
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 C – 38 Hebbal Industrialarea Metagalli, Mysore, Karnataka, India – 570016.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.55 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹2.69 Cr (net margin -35.6%) and EBITDA of ₹22.92 Lakh (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 17% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Deco Equipments. As per MCA filings, the company has open charges of ₹19.07 Cr and satisfied charges of ₹36.66 Lakh on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 1 case is pending.
Deco Equipments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0004266). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website decoepl.com.
Company details
CIN U29150KA1987PTC008489
Registration Number 008489
Incorporation Date 15 July 1987
ROC Bangalore
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-KR-22-0004266
Recognitions & Rankings of Deco Equipments
Contact details
Deco Equipments Private Limited's registered office is in Mysore, Karnataka. Its website is decoepl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 38 Hebbal Industrialarea Metagalli, Mysore, Karnataka, India – 570016
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Deco Equipments Private Limited, buy the company report.
Comprehensive company report
Deco Equipments 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
Deco Equipments operates one associated brand: Deco Equipments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures automotive components, including wheels, spindles, clamps, brake, and engine parts. | decoepl.com |
Business activity
The main business activity of Deco Equipments is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Deco Equipments Private Limited, buy the company report.
Financials of Deco Equipments Private Limited
FY 2023 filings availableDeco Equipments Private Limited reported revenue of ₹7.55 Cr (down 14% YoY) for FY 2023.
Revenue · FY 2023
₹7.55 Cr ▼ 14%
Net loss · FY 2023
₹2.69 Cr margin -35.6%
EBITDA · FY 2023
₹22.92 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 4%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 87%
3 years · compounded
▲ 28%
5 years · compounded
▼ 44%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 14% fall in the latest year. EBITDA fell 87% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹7.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.69 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | -35.6% | ||||
| 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 Deco Equipments Private Limited, buy the company report.
Board of directors of Deco Equipments Private Limited
Deco Equipments has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fernandes Amelion Daric Also directs: Decoforge Private Limited | Managing Director | 15 Jul 1987 | 39 Years 3 Months | Current |
| Fernandes Delphine | Director | 26 Mar 2001 | 25 Years 6 Months | Current |
Auditor
Deco Equipments Private Limited is audited by B M Nagaraju & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B M Nagaraju & Co | FY 2023 | 005995S |
Shareholding
The shareholding of Deco Equipments Private 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 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 Deco Equipments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.07 Cr
Satisfied charges
₹36.66 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 1994 | 80020025 | State Bank of India | ₹19.07 Cr | Open | |
| 01 Mar 2014 | 10494717 | Reliance Capital Ltd | ₹36.66 Lakh | Satisfied |
To see the full charge records of Deco Equipments Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Deco Equipments Private Limited has 13 court cases on record: 6 filed by Deco Equipments, 7 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed by the company
6
Filed against the company
7
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 1 |
| High courts | 6 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Anyam Industrial Solutions Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by V R E Tools Pvt Ltd | Disposed |
| District court, MYSURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Criminal miscellaneous application | Filed against the company by State Bank of India | Disposed |
| District court, MYSURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Global Enterprises (R) R/By Its Prop. Srinivas Prasad M.A | Disposed |
To see the full case history of Deco Equipments 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.
Credit ratings & regulatory alerts
Deco Equipments Private Limited was last rated by Icra on 27 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Apr 2022 |
To see the full credit ratings and regulatory alerts of Deco Equipments Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Deco Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Deco Equipments Private Limited has a workforce of 27 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
-27.03%
GST
Deco Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACD6194M1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Deco Equipments Private Limited, buy the company report.
Recent activity
Deco Equipments Private Limited has 2 board changes on record since 1987: 2 appointments. The latest: Fernandes Delphine was appointed as Director on 26 Mar 2001.
AGM
Deco Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Deco Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 19.07 Cr registered on 13 Sep 1994 with Charge ID 80020025 was modified on 21 Dec 2022.
Charges
A charge registered on 01 Mar 2014 via Charge ID 10494717 with Reliance Capital Ltd was fully satisfied on 09 Apr 2015.
Charges
A charge with Reliance Capital Ltd amounted to Rs. 0.37 Cr with Charge ID 10494717 was registered on 01 Mar 2014.
Appointed
Fernandes Delphine was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 19.07 Cr with Charge ID 80020025 was registered on 13 Sep 1994.
Appointed
Fernandes Amelion Daric was appointed as Managing Director.
Incorporation
15 Jul 1987
Deco Equipments Private Limited was registered on 15 Jul 1987 with Roc Bangalore & aged 39 years 3 months as per MCA records.
Frequently asked questions
Deco Equipments is an active private limited company based in Mysore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 15 July 1987 (39+ years old) and is registered under CIN U29150KA1987PTC008489.
Deco Equipments has 2 current directors:
- Fernandes Amelion Daric - Managing Director
- Fernandes Delphine - Director
The latest financial statements of Deco Equipments 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.
The GSTIN of Deco Equipments is 29AAACD6194M1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Deco Equipments is U29150KA1987PTC008489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deco Equipments has 13 court cases on record: 6 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Deco Equipments was incorporated on 15 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
Fernandes Delphine was appointed as Director on 26 Mar 2001. Fernandes Amelion Daric was appointed as Managing Director on 15 Jul 1987.
Yes, Deco Equipments is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0004266).
Deco Equipments can be reached through the website decoepl.com. Its registered office is in Mysore, Karnataka, India.