About Daeha Plastic Compound India Private Limited
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Daeha Plastic Compound India Private Limited is a foreign private limited company based in Somandepalli, Andhra Pradesh, India, a subsidiary of Daeha Co. Ltd. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 05 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U25209AP2017FTC107174. Its GSTIN is 37AAGCD4480J1ZD (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹51.53 Cr and a paid-up capital of ₹51.44 Cr. It is led by directors including Juhyun Ji and Seoung Houn Lee.
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 Plot No.28&29 Sy.No.97(Part)177 Gudipalli(Village) Somandepalli(Mandal) Anantapur(District, ), Andhra Pradesh, India – 515122.
As per the financials filed for FY 2024, the company reported a revenue of ₹356.07 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹12.16 Cr (net margin 3.4%) and EBITDA of ₹32.77 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 155% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47.8 Cr and satisfied charges of ₹21 Cr on record. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹23.41 Cr; the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daehacom.co.kr.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.28&29 Sy.No.97(Part)177 Gudipalli(Village) Somandepalli(Mandal) Anantapur(District, ), Andhra Pradesh, India – 515122
- IndustryManufacturing, Plastic & Resins
- 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
Business Activity of Daeha Plastic Compound India Private Limited
The main business activity of Daeha Plastic Compound India is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Daeha Plastic Compound India Private Limited FY 2024 filings available
Daeha Plastic Compound India Private Limited reported revenue of ₹356.07 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Daeha Plastic Compound India Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 155%. EBITDA rose 74% 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 Daeha Plastic Compound India 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹32.77 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.16 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Daeha Plastic Compound India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Daeha Plastic Compound India are in the company report.
Financial statements from FY 2018
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.
Auditor Details of Daeha Plastic Compound India Private Limited
Daeha Plastic Compound India Private Limited is audited by HNK & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HNK & ASSOCIATES 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 Daeha Plastic Compound India Private Limited
Daeha Plastic Compound India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hindupur Nagapunith | Additional Director | 02 Jul 2018 | 8 Years 3 Months | Current |
| Juhyun Ji | Director | 30 Oct 2023 | 2 Years 11 Months | Current |
| Seoung Houn Lee | Director | 05 Dec 2017 | 8 Years 10 Months | Current |
Ownership and Shareholding of Daeha Plastic Compound India 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 Daeha Plastic Compound India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2024 | Others | ₹16.8 Cr | Open |
| 06 Aug 2020 | Industrial Bank of Korea | ₹31 Cr | Open |
| 22 Oct 2020 | Others | ₹10 Cr | Satisfied |
| 17 Sep 2020 | Others | ₹11 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Daeha Plastic Compound India Private Limited
Daeha Plastic Compound India Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹23.41 Cr; the latest was in March 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹13.5 Cr | Investors: Daeha Co.Limited |
| Nov 2021 | Funding round | ₹9.91 Cr | Investors: Daeha Co.Limited |
| Aug 2018 | Rights issue | ₹22.31 Cr | Investors: Daeha Co.Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Daeha Plastic Compound India Private Limited
Daeha Plastic Compound India Private Limited has a workforce of 52 employees as of Apr 08, 2024.
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 Daeha Plastic Compound India Private Limited
Daeha Plastic Compound India Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Yongju Kim ceased to be Director on 31 Oct 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Daeha Plastic Compound India 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 Daeha Plastic Compound India 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 Daeha Plastic Compound India 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 Daeha Plastic Compound India Private Limited
Daeha Plastic Compound India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCD4480J1ZD | Andhra Pradesh | Active | 23 Jan 2018 |
| 33AAGCD4480J1ZL | Tamil Nadu | Active | 09 Jul 2018 |
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 Daeha Plastic Compound India 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 Daeha Plastic Compound India Private Limited
Daeha Plastic Compound India is an active foreign private limited company based in Somandepalli, Andhra Pradesh, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 05 December 2017 (9+ years old) and is registered under CIN U25209AP2017FTC107174.
Daeha Plastic Compound India reported revenue of ₹356.07 Cr for FY 2024 (down 8% YoY).
Daeha Plastic Compound India has 3 current directors:
- Hindupur Nagapunith - Additional Director
- Juhyun Ji - Director
- Seoung Houn Lee - Director
Daeha Plastic Compound India reported a net profit of ₹12.16 Cr (net margin 3.4%) and EBITDA of ₹32.77 Cr (EBITDA margin 9.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Daeha Plastic Compound India is 30% over three years and 155% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Daeha Plastic Compound India is 37AAGCD4480J1ZD, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAGCD4480J1ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Daeha Plastic Compound India is U25209AP2017FTC107174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daeha Plastic Compound India was incorporated on 05 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Daeha Plastic Compound India has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹23.41 Cr; the latest was in March 2022.
Yongju Kim ceased to be Director on 31 Oct 2023. Juhyun Ji was appointed as Director on 30 Oct 2023. Akshaykumar V Hegde ceased to be Company Secretary on 31 Dec 2021. Daeha Plastic Compound India has 6 board changes on record in total.