About Deist Industries Private Limited
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Deist Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 30 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28112MH2008PTC178392.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹33.63 Lakh. It is led by directors Jayshree Dinesh Khuthiya and Dinesh Dharamshi Shah.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B – 201 Tulip Building Eksar Road Royal Complex Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2017, the company reported a revenue of ₹81.67 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.12 Cr (net margin -136.8%) and EBITDA of -₹64.79 Lakh (EBITDA margin -79.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹2.8 Cr on record. Court records list 26 cases involving the company, including 3 filed by the company and 23 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website deistgroup.com.
Company details
Contact details
Deist Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is deistgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 201 Tulip Building Eksar Road Royal Complex Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Deist Industries 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 Deist Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Deist Industries Private Limited, buy the company report.
Financials of Deist Industries Private Limited
FY 2017 filings availableDeist Industries Private Limited reported revenue of ₹81.67 Lakh (up 1963% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹81.67 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹64.79 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.12 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -79.3% | ||
| Net Profit Margin | -136.8% | ||
| 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 Deist Industries Private Limited, buy the company report.
Board of directors of Deist Industries Private Limited
Deist Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayshree Dinesh Khuthiya | Director | 30 Nov 2010 | 15 Years 10 Months | Current |
| Dinesh Dharamshi Shah | Director | 30 Jan 2008 | 18 Years 8 Months | Current |
Auditor
Deist Industries Private Limited is audited by NAVIN NISHAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVIN NISHAR & ASSOCIATES | FY 2017 | 116503W |
Shareholding
The shareholding of Deist Industries Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Deist Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2016 | 100040943 | Others | ₹3 Cr | Open | |
| 29 Dec 2008 | 10136182 | State Bank of India | ₹2.8 Cr | Satisfied |
To see the full charge records of Deist Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Deist Industries Private Limited has 26 court cases on record: 3 filed by Deist Industries, 23 filed against it. 7 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 13 | 5 |
| High courts | 5 | 4 | 2 |
| NCLAT | 4 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by M/S Viva Composite Panel Pvt Ltd Through Its Authorized Representative Mrs Pooja Vilas Mane | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Aludecor Lamination Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Viva Composite Panel Pvt. Ltd. | Pending |
| District court, North, Delhi | Criminal case | Filed against the company by Unistone Panels Pvt. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Timex Bond Industries Private Limited and 1 other | Disposed |
To see the full case history of Deist Industries 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 Deist Industries 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 Deist Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Deist Industries Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Devshi Velji Halai ceased to be Director on 14 Dec 2010.
Frequently asked questions
Deist Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 30 January 2008 (18+ years old) and is registered under CIN U28112MH2008PTC178392.
Deist Industries has 2 current directors:
- Jayshree Dinesh Khuthiya - Director
- Dinesh Dharamshi Shah - Director
The latest financial statements of Deist Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Deist Industries is U28112MH2008PTC178392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deist Industries has 26 court cases on record: 3 filed by the company and 23 filed against it. 7 are pending. Most are in the district courts.
Deist Industries was incorporated on 30 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Devshi Velji Halai ceased to be Director on 14 Dec 2010. Jayshree Dinesh Khuthiya was appointed as Director on 30 Nov 2010. Jayshree Dinesh Khuthiya ceased to be Director on 12 Feb 2009. Deist Industries has 4 board changes on record in total.
Deist Industries can be reached through the website deistgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Deist Industries is at B – 201 Tulip Building Eksar Road Royal Complex Borivali West, Mumbai, Maharashtra, India – 400092.
Deist Industries operates in the machinery and equipment industry, in the industrial tools and components segment.