About Daack Vessels Private Limited
Data last updated:
Daack Vessels Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Skf Boilers And Driers Private Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29197KA2009PTC051865. Its GSTIN is 29AADCD3030B1ZA (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹58 Lakh. It is led by directors including Shivanand Kunhi Kanna Shetty (Managing Director) and Sangita Babu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.51 Lakh (net margin 3.2%) and EBITDA of ₹64.25 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 321% over three years and 95% over five years.
As per MCA filings, the company has open charges of ₹70.4 Lakh on record. Court records list 1 case involving 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 daackvessels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 164 2nd Floor 1st Cross 1st Main Aecs Layout Rmv II Stage Sanjay, Nagar, Bangalore, Karnataka, India – 560094
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of Daack Vessels Private Limited FY 2024 filings available
Daack Vessels Private Limited reported revenue of ₹10.47 Cr (up 402% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Daack Vessels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 95% over five years, including 402% growth in the latest year. EBITDA rose 490% 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 of Daack Vessels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹64.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.51 Lakh | •••• | •••• | •••• | •••• |
| 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 of Daack Vessels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Daack Vessels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Daack Vessels Private Limited
Daack Vessels Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chahal Boilers Private Limited | ₹10.51 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| Jre Private Limited | ₹10.49 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| Pentec Global Private Limited | ₹10.48 Cr (FY 2025) | •••• | •••• | 126.0% | •••• | Bangalore, Karnataka, India |
| Dave Engineers Private Limited | ₹10.48 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Vadodara, Gujarat, India |
| Orenge India Brass Metal Works Private Limited | ₹10.47 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Jamnagar, Gujarat, India |
| Daack Vessels Private Limited this company | ₹10.47 Cr (FY 2024) | •••• | •••• | 402.0% | •••• | Bangalore, Karnataka, India |
| Jyoti Polyvinyl Limited | ₹10.45 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Vadodara, Gujarat, India |
| 3Ps Engineers Private Limited | ₹10.45 Cr (FY 2025) | •••• | •••• | 208.0% | •••• | Pune, Maharashtra, India |
| Rao Engineering India Private Limited | ₹10.44 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Thane, Maharashtra, India |
| Span Filtration Systems Private Limited | ₹10.44 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Innospacer Engineering Technologies Private Limited | ₹10.43 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Daack Vessels by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Daack Vessels Private Limited
Daack Vessels Private Limited is audited by Kirtane & Pandit LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kirtane & Pandit LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Daack Vessels Private Limited
Daack Vessels has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangita Babu | Director | 30 Nov 2019 | 6 Years 10 Months | Current |
| Savithri Kudlu | Director | 30 Nov 2019 | 6 Years 10 Months | Current |
| Shivanand Kunhi Kanna Shetty Also directs: Watrix Technologies Private Limited | Managing Director | 30 Jun 2011 | 15 Years 3 Months | Current |
Ownership and Shareholding of Daack Vessels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Daack Vessels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 2024 | Others | ₹50 Lakh | Open |
| 09 Feb 2024 | Others | ₹13.15 Lakh | Open |
| 03 Nov 2011 | State Bank of Mysore | ₹7.25 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Daack Vessels Private Limited
Daack Vessels Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Court case (MVOP) | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Daack Vessels Private Limited
Employment history and EPFO contributions of people linked to Daack Vessels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Daack Vessels Private Limited
Daack Vessels Private Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Prajwal Achar ceased to be Additional Director on 02 Dec 2019.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Daack Vessels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Daack Vessels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Daack Vessels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Daack Vessels Private Limited
Daack Vessels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCD3030B1ZA | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Daack Vessels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Daack Vessels Private Limited
Daack Vessels is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 December 2009 (17+ years old) and is registered under CIN U29197KA2009PTC051865.
Daack Vessels reported revenue of ₹10.47 Cr for FY 2024 (up 402% YoY).
Daack Vessels has 3 current directors:
- Shivanand Kunhi Kanna Shetty - Managing Director
- Sangita Babu - Director
- Savithri Kudlu - Director
Daack Vessels reported a net profit of ₹33.51 Lakh (net margin 3.2%) and EBITDA of ₹64.25 Lakh (EBITDA margin 6.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Daack Vessels is 321% over three years and 95% over five years. In the latest year (FY 2024) revenue rose 402%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Daack Vessels is 29AADCD3030B1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Daack Vessels is U29197KA2009PTC051865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daack Vessels has 1 court case on record.
Daack Vessels was incorporated on 17 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Daack Vessels by revenue are Chahal Boilers Private Limited, Jre Private Limited, Pentec Global Private Limited, Dave Engineers Private Limited, Orenge India Brass Metal Works Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Prajwal Achar ceased to be Additional Director on 02 Dec 2019. Pramod Kumar ceased to be Additional Director on 02 Dec 2019. Sangita Babu was appointed as Director on 30 Nov 2019. Daack Vessels has 9 board changes on record in total.