Daaras Foundation
About Daaras Foundation
Data last updated:
Daaras Foundation is a private not for profit company based in Rayagada, Odisha, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 15 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U85300OR2021NPL036210.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Rabi Palaka and Abhi Palaka.
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 C/O Kalia Palaka Tamparguda Penta Amalabhata (Tamparguda) Penta, Rayagada, Odisha, India – 765017.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.02 Lakh, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹8,367 (net margin -0.3%) and EBITDA of -₹8,367 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 312% over three years.
Company details
Contact details
Daaras Foundation's registered office is in Rayagada, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Kalia Palaka Tamparguda Penta Amalabhata (Tamparguda) Penta, Rayagada, Odisha, India – 765017
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Daaras Foundation, 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 Daaras Foundation is other service activities. In detail, this covers activities of membership organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations |
To see the full business activity and turnover split of Daaras Foundation, buy the company report.
Financials of Daaras Foundation
FY 2025 filings availableDaaras Foundation reported revenue of ₹28.02 Lakh (up 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 312% over three years, including 89% growth in the latest year. EBITDA fell 30% 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 |
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| EBITDA | -₹8,367 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8,367 | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.3% | |||
| Net Profit Margin | -0.3% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Daaras Foundation, buy the company report.
Board of directors of Daaras Foundation
Daaras Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rabi Palaka | Director | 15 Apr 2021 | 5 Years 6 Months | Current |
| Abhi Palaka | Director | 15 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Daaras Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (activities of membership organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paradise Traders and Facilities Management Private Limited | ₹28.38 Lakh (FY 2025) | 199.0% | Gurgaon, Haryana, India | |||
| Santa Georgia Foundation | ₹28.34 Lakh (FY 2025) | 19.0% | Nalasopara, Maharashtra, India | |||
| Sanskarheight Owners Association | ₹28.29 Lakh (FY 2025) | 49.0% | Rajkot, Gujarat, India | |||
| Login Advertising Private Limited | ₹28.23 Lakh (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Shivalaya Glass Aluminium and Upvc Systems Private Limited | ₹28.05 Lakh (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Daaras Foundationthis company | ₹28.02 Lakh (FY 2025) | -₹8,367 | -0.3% | 89.0% | Rayagada, Odisha, India | |
| Presanj Electro Equipment and Research Private Limited | ₹28 Lakh (FY 2025) | 113.0% | Mumbai, Maharashtra, India | |||
| Gokul Tradecom Private Limited | ₹27.77 Lakh (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Genn Power Media India Private Limited | ₹27.72 Lakh (FY 2025) | 6.0% | Chennai, Tamil Nadu, India | |||
| Diffusion Sourcing Private Limited | ₹27.71 Lakh (FY 2025) | 121.0% | Pune, Maharashtra, India | |||
| Zeagup Private Limited | ₹27.65 Lakh (FY 2025) | 684.0% | New Delhi, Delhi, India |
To see the full peer comparison of Daaras Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Daaras Foundation 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 Daaras Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Daaras Foundation has 1 active EPFO establishment as of Apr 05, 2024.
GST
No GST registration is on our record for Daaras Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Daaras Foundation has 2 board changes on record since 2021: 2 appointments. The latest: Abhi Palaka was appointed as Director on 15 Apr 2021.
Frequently asked questions
Daaras Foundation is an active private not for profit company based in Rayagada, Odisha, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 15 April 2021 (5+ years old) and is registered under CIN U85300OR2021NPL036210.
Daaras Foundation has 2 current directors:
- Rabi Palaka - Director
- Abhi Palaka - Director
The latest financial statements of Daaras Foundation 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Daaras Foundation is U85300OR2021NPL036210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daaras Foundation was incorporated on 15 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Daaras Foundation by revenue are Paradise Traders and Facilities Management Private Limited, Santa Georgia Foundation, Sanskarheight Owners Association, Login Advertising Private Limited, Shivalaya Glass Aluminium and Upvc Systems Private Limited and 5 more, all in the same principal business activity (activities of membership organizations).
Abhi Palaka was appointed as Director on 15 Apr 2021. Rabi Palaka was appointed as Director on 15 Apr 2021.
The registered office of Daaras Foundation is at CO Kalia Palaka Tamparguda Penta Amalabhata Tamparguda Penta, Rayagada, Odisha, India – 765017.
Daaras Foundation operates in the non-profit organizations industry, in the social work segment.
Daaras Foundation can be reached at its registered office: CO Kalia Palaka Tamparguda Penta Amalabhata Tamparguda Penta, Rayagada, Odisha, India – 765017.
Daaras Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Cuttack.