About Daest Coating India Private Limited
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Daest Coating India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Daehyun St. Co. Limited. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 17 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36998DL2016FTC301546. Its GSTIN is 09AAFCD7327K1ZB (Uttar Pradesh).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Sanjay Kumar Bagri and Yonghyeong Lee.
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 B – 1/1018 Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.09 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.47 Lakh (net margin -309.8%) and EBITDA of -₹6.47 Lakh (EBITDA margin -309.8%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 74% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daest.co.in.
Company details
Contact details
Daest Coating India Private Limited's registered office is in New Delhi, Delhi. Its website is daest.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 1/1018 Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Daest Coating India 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
Financials of Daest Coating India Private Limited
FY 2025 filings availableDaest Coating India Private Limited reported revenue of ₹2.09 Lakh (up 851% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 851% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 74%. EBITDA rose 11% 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 | -₹6.47 Lakh | ||||
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| Net Profit (PAT) | -₹6.47 Lakh | ||||
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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 | -309.8% | ||||
| Net Profit Margin | -309.8% | ||||
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To see the full financial statements and ratios of Daest Coating India Private Limited, buy the company report.
Board of directors of Daest Coating India Private Limited
Daest Coating India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar Bagri Also directs: Winstar Tools Private Limited, Jurix Corporate Consultancy Private Limited, Nanda Industrial Consultants Private Limited and 1 more | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Yonghyeong Lee | Director | 20 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Daest Coating India Private Limited is audited by ROHIT MEHRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT MEHRA & ASSOCIATES | FY 2023 | 014926N |
Shareholding
The shareholding of Daest Coating India 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Daest Coating India Private Limited, buy the company report.
Legal cases
Daest Coating India Private Limited has 2 court cases on record: 2 filed by Daest Coating India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (WTAX) | Filed by the company against State of Up and Another | Disposed |
| Allahabad High Court | Court case (WTAX) | Filed by the company against State of U.P. and Another | Disposed |
To see the full case history of Daest Coating India 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 Daest Coating India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Daest Coating India Private Limited has a workforce of 10 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Daest Coating India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCD7327K1ZB | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daest Coating India Private Limited, buy the company report.
Recent activity
Daest Coating India Private Limited has 8 board changes on record since 2019: 2 appointments and 6 cessations. The latest: Sanjay Kumar Bagri ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Daest Coating India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 17 June 2016 (10+ years old) and is registered under CIN U36998DL2016FTC301546.
Daest Coating India has 2 current directors:
- Sanjay Kumar Bagri - Director
- Yonghyeong Lee - Director
The latest financial statements of Daest Coating India 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 2017 are in the company report.
The GSTIN of Daest Coating India is 09AAFCD7327K1ZB, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Daest Coating India is U36998DL2016FTC301546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daest Coating India has 2 court cases on record: 2 filed by the company.
Daest Coating India was incorporated on 17 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Sanjay Kumar Bagri ceased to be Additional Director on 29 Sep 2024. Sanjay Kumar Bagri was appointed as Director on 01 Dec 2023. Yonghyeong Lee ceased to be Additional Director on 06 Sep 2022. Daest Coating India has 8 board changes on record in total.
Daest Coating India can be reached through the website daest.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Daest Coating India is at B – 11018 Vasant Kunj, New Delhi, Delhi, India – 110070.