
Daishin Industries Private Limited
About Daishin Industries Private Limited
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Daishin Industries Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 03 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017PTC106416. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Prasada Rao Marepalli and Suresh Marneedi.
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 D.No.39 – 6 – 51/52 Flat No.502 Sector – 6 Sreenivasam Apartments Muralinagar, Visakhapatnam, Andhra Pradesh, India – 530007.
As per the financials filed for FY 2023, the company reported a revenue of ₹45.32 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹85,320 (net margin 1.9%) and EBITDA of ₹1.2 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Daishin Industries
Contact details
Daishin Industries Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressD.No.39 – 6 – 51/52 Flat No.502 Sector – 6 Sreenivasam Apartments Muralinagar, Visakhapatnam, Andhra Pradesh, India – 530007
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Daishin 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 Daishin Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Daishin Industries Private Limited, buy the company report.
Financials of Daishin Industries Private Limited
FY 2023 filings availableDaishin Industries Private Limited reported revenue of ₹45.32 Lakh (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 14% growth in the latest year. EBITDA rose 1% 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 |
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| EBITDA | ₹1.2 Lakh | ||||
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| Net Profit (PAT) | ₹85,320 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Daishin Industries Private Limited, buy the company report.
Board of directors of Daishin Industries Private Limited
Daishin Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasada Rao Marepalli | Director | 11 Nov 2023 | 2 Years 11 Months | Current |
| Suresh Marneedi Also directs: Starsky Green Homes LLP, Starsky Real Infra LLP | Director | 05 Feb 2021 | 5 Years 8 Months | Current |
| Satish Kumar Marinedi Also directs: Anju&Sanju Infratech Private Limited | Director | 06 Apr 2021 | 5 Years 6 Months | Current |
| Thippaluru Kavitha | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Daishin Industries 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 Daishin Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Daishin Industries Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Daishin Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Daishin Industries Private Limited, buy the company report.
Recent activity
Daishin Industries Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Thippaluru Kavitha was appointed as Director on 18 Dec 2023.
Frequently asked questions
Daishin Industries is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 03 August 2017 (9+ years old) and is registered under CIN U74999AP2017PTC106416.
Daishin Industries has 4 current directors:
- Prasada Rao Marepalli - Director
- Suresh Marneedi - Director
- Satish Kumar Marinedi - Director
- Thippaluru Kavitha - Director
The latest financial statements of Daishin Industries 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 FY 2018 are in the company report.
No. Daishin Industries has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Daishin Industries is U74999AP2017PTC106416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daishin Industries was incorporated on 03 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Thippaluru Kavitha was appointed as Director on 18 Dec 2023. Prasada Rao Marepalli was appointed as Director on 11 Nov 2023. Vishnu Srujitha Naralasetty ceased to be Director on 11 Nov 2023. Daishin Industries has 7 board changes on record in total.
Yes, Daishin Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Daishin Industries is at D.No.39 – 6 – 5152 Flat No.502 Sector – 6 Sreenivasam Apartments Muralinagar, Visakhapatnam, Andhra Pradesh, India – 530007.
Daishin Industries operates in the packaging industry, in the industrial packaging solutions segment.