Daet Systems Private Limited

Daet Systems Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA1993PTC015006 Incorporated 06 December 1993 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2024
₹1.25 Cr
▲ 779% YoY
Net profit · FY 2024
₹12.5 Lakh
Net margin 10%
EBITDA · FY 2024
₹17.2 Lakh
EBITDA margin 13.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Company age
33 yrs
Est. 1993
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Daet Systems Private Limited

Data last updated:

Daet Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the csw professional segment of the business services sector. It was incorporated on 06 December 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA1993PTC015006. Its GSTIN is 29AABCD3799F1ZC (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors Karumbaiah Chinnappa Muckatira and Kaveri Muckatira Karumbaiah.

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 No.7 Ck Garden St. Thomas Town, Bangalore, Karnataka, India – 560084.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.5 Lakh (net margin 10%) and EBITDA of ₹17.2 Lakh (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 20% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Daet Systems Private Limited
CIN U72900KA1993PTC015006
Registration Number 015006
Incorporation Date 06 December 1993
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Karumbaiah Chinnappa Muckatira Director Kaveri Muckatira Karumbaiah Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.7 Ck Garden St. Thomas Town, Bangalore, Karnataka, India – 560084
  • Industry
    Business Services, Csw Professional, Scientific And Technical Activities
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Financials, compliance, directors, charges, ownership and filings for Daet Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Daet Systems Private Limited

The main business activities of Daet Systems are trade and professional, scientific and technical. In detail, this covers retail trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Auditor Details of Daet Systems Private Limited

Daet Systems Private Limited is audited by SWAMY ASSOCIATES for the financial year 2017.

NameStatusAppointment DateCessation Date
SWAMY ASSOCIATESLockedLockedLocked
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Board of Directors of Daet Systems Private Limited

Daet Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Karumbaiah Chinnappa MuckatiraDirector15 Jan 199432 Years 8 MonthsCurrent
Kaveri Muckatira KarumbaiahDirector20 Oct 200817 Years 11 MonthsCurrent
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Financials of Daet Systems Private Limited FY 2024 filings available

Daet Systems Private Limited reported revenue of ₹1.25 Cr (up 779% YoY) for FY 2024.

Revenue · FY 2024
₹1.25 Cr ▲ 779%
Net profit · FY 2024
₹12.5 Lakh margin 10%
EBITDA · FY 2024
₹17.2 Lakh margin 13.8%

Compounded Annual Growth Rate (CAGR) of Daet Systems Private Limited

Revenue CAGR growth
1 year
▲ 779%
3 years · compounded
▲ 38%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 622%
3 years · compounded
▲ 38%
5 years · compounded
▲ 33%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 779% growth in the latest year. EBITDA rose 622% 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 Daet Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹17.2 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹12.5 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 Daet Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.8%••••••••••••••••
Net Profit Margin10%••••••••••••••••
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 Daet Systems are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Daet Systems Private Limited

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Charges & Borrowings of Daet Systems Private Limited

Daet Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Daet Systems Private Limited

Employment history and EPFO contributions of people linked to Daet Systems.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Daet Systems Private Limited

Daet Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCD3799F1ZCKarnatakaActive01 Jul 2017
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Daet Systems Private Limited

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MSME Payment Delays by Daet Systems Private Limited

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Subsidiaries & Group Companies of Daet Systems Private Limited

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MCA Filings & Documents of Daet Systems Private Limited

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Recent Activity on Daet Systems Private Limited

Activity
30 Sep 2024
Daet Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Daet Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Directors
20 Oct 2008
Kaveri Muckatira Karumbaiah was appointed as a Director on 20 Oct 2008 & has been associated with this company since 17 years 11 months.
Directors
15 Jan 1994
Karumbaiah Chinnappa Muckatira was appointed as a Director on 15 Jan 1994 & has been associated with this company since 32 years 8 months.
Activity
06 Dec 1993
Daet Systems Private Limited was registered on 06 Dec 1993 with Roc Bangalore & aged 32 years 9 months as per MCA records.

Frequently Asked Questions about Daet Systems Private Limited

Daet Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in csw professional, within the business services industry. It was incorporated on 06 December 1993 (33+ years old) and is registered under CIN U72900KA1993PTC015006.

Daet Systems reported revenue of ₹1.25 Cr for FY 2024 (up 779% YoY).

Daet Systems has 2 current directors:

Daet Systems reported a net profit of ₹12.5 Lakh (net margin 10%) and EBITDA of ₹17.2 Lakh (EBITDA margin 13.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Daet Systems is 38% over three years and 20% over five years. In the latest year (FY 2024) revenue rose 779%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Daet Systems is 29AABCD3799F1ZC, registered in Karnataka.

The CIN (Corporate Identification Number) of Daet Systems is U72900KA1993PTC015006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Daet Systems was incorporated on 06 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.

The registered office of Daet Systems is at No.7 Ck Garden St. Thomas Town, Bangalore, Karnataka, India – 560084.

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