Daishin Industries Private Limited

Daishin Industries Private Limited - packaging in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U74999AP2017PTC106416 Incorporated 03 August 2017 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Active Private Limited Company packaging DPIIT Startup
Data last updated
Revenue · FY 2023
₹45.32 Lakh
▲ 14% YoY
Net profit · FY 2023
₹85,320
Net margin 1.9%
EBITDA · FY 2023
₹1.2 Lakh
EBITDA margin 2.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
GST registrations
2
None active

About Daishin Industries Private Limited

Data last updated:

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

CIN U74999AP2017PTC106416
Registration Number 106416
Incorporation Date 03 August 2017
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Daishin Industries

DPIIT recognised startup Government of India
Startup India

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 Address
    D.No.39 – 6 – 51/52 Flat No.502 Sector – 6 Sreenivasam Apartments Muralinagar, Visakhapatnam, Andhra Pradesh, India – 530007
  • Industry
    Packaging, Industrial Packaging Solutions

To see the full contact details of Daishin Industries Private Limited, buy the company report.

Comprehensive company report
Daishin Industries Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Daishin Industries is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale 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 available

Daishin Industries Private Limited reported revenue of ₹45.32 Lakh (up 14% YoY) for FY 2023.

Revenue · FY 2023
₹45.32 Lakh ▲ 14%
Net profit · FY 2023
₹85,320 margin 1.9%
EBITDA · FY 2023
₹1.2 Lakh margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 30%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 5%
5 years · compounded
▲ 21%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹1.2 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹85,320
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2.7%
Net Profit Margin1.9%
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Prasada Rao MarepalliDirector11 Nov 20232 Years 11 MonthsCurrent
Suresh MarneediDirector05 Feb 20215 Years 8 MonthsCurrent
Satish Kumar MarinediDirector06 Apr 20215 Years 6 MonthsCurrent
Thippaluru KavithaDirector18 Dec 20232 Years 10 MonthsCurrent

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.

Active EPFO establishments
1

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.

Total GSTINs
2
Cancelled / inactive
2

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.

Appointed
Thippaluru Kavitha was appointed as Director.
Appointed
Prasada Rao Marepalli was appointed as Director.
Ceased
Vishnu Srujitha Naralasetty ceased to be Director.
AGM
Daishin Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Daishin Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
Appointed
Satish Kumar Marinedi was appointed as Director.
Ceased
Satish Kumar Marinedi ceased to be Director.
Appointed
Suresh Marneedi was appointed as Director.
Ceased
Gopalakrishna Chainulu Ganti ceased to be Director.
Incorporation
03 Aug 2017
Daishin Industries Private Limited was registered on 03 Aug 2017 with Roc Vijayawada & aged 9 years 2 months as per MCA records.

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:

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.