Daivik Associates Private Limited
About Daivik Associates Private Limited
Data last updated:
Daivik Associates Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the telephone segment of the telecommunications sector. It was incorporated on 09 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64201MH2020PTC347534.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shruti Shah and Milind Dilip Dangle.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat. 203 2nd Flr Sai Khush Chs Ltd. Sector – 30 Gathavali Gaon Rabale, Thane, Maharashtra, India – 400701.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.51 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹2.52 Lakh (net margin 1.7%) and EBITDA of ₹3.73 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 640% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat. 203 2nd Flr Sai Khush Chs Ltd. Sector – 30 Gathavali Gaon Rabale, Thane, Maharashtra, India – 400701
- IndustryTelecommunication, Telephone, Telegraph, Telex, Radio And Television Programmes
- 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 Daivik Associates Private Limited
The main business activity of Daivik Associates is information and communication. In detail, this covers telecommunications.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 61 | Telecommunications | 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 Daivik Associates Private Limited FY 2025 filings available
Daivik Associates Private Limited reported revenue of ₹1.51 Cr (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Daivik Associates Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 640% over three years, including 69% growth in the latest year. EBITDA fell 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 of Daivik Associates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹3.73 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.52 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 Daivik Associates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.5% | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• |
| 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 Daivik Associates are in the company report.
Financial statements from FY 2021
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 Daivik Associates Private Limited
Daivik Associates Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navigant International Private Limited | ₹1.52 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Gurgaon, Haryana, India |
| Vayutel Technology Services Private Limited | ₹1.52 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | Ludhiana, Punjab, India |
| Info Transtech India Private Limited | ₹1.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Suyog Telematics Private Limited | ₹1.51 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Bhubaneswar, Odisha, India |
| Digisense Customeriq Private Limited | ₹1.51 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Noida, Uttar Pradesh, India |
| Daivik Associates Private Limited this company | ₹1.51 Cr (FY 2024) | •••• | •••• | 69.0% | •••• | Thane, Maharashtra, India |
| Ojas Networks Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 390.0% | •••• | Lucknow, Uttar Pradesh, India |
| Comnet Ventures Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Navi Mumbai, Maharashtra, India |
| Diverse Networks Private Limited | ₹1.45 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Lucknow, Uttar Pradesh, India |
| Hardik Telecommunication Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Lycos India Limited | ₹1.43 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Daivik Associates by revenue in the Telecom industry (Telecom Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Daivik Associates Private Limited
Daivik Associates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Shah | Director | 09 Oct 2020 | 6 Years 0 Months | Current |
| Milind Dilip Dangle | Director | 09 Oct 2020 | 6 Years 0 Months | Current |
Charges & Borrowings of Daivik Associates Private Limited
Daivik Associates Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Daivik Associates Private Limited
Employment history and EPFO contributions of people linked to Daivik Associates.
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 Daivik Associates Private Limited
Daivik Associates Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Milind Dilip Dangle was appointed as Director on 09 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts for Daivik Associates 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 Daivik Associates 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 Daivik Associates 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 Daivik Associates Private Limited
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 Daivik Associates 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 Daivik Associates Private Limited
Daivik Associates is an active private limited company based in Thane, Maharashtra, India. The company works in telephone, within the telecommunication industry. It was incorporated on 09 October 2020 (6+ years old) and is registered under CIN U64201MH2020PTC347534.
Daivik Associates reported revenue of ₹1.51 Cr for FY 2024 (up 69% YoY).
Daivik Associates has 2 current directors:
- Shruti Shah - Director
- Milind Dilip Dangle - Director
Daivik Associates reported a net profit of ₹2.52 Lakh (net margin 1.7%) and EBITDA of ₹3.73 Lakh (EBITDA margin 2.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Daivik Associates is 640% over three years. In the latest year (FY 2024) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Daivik Associates is U64201MH2020PTC347534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daivik Associates was incorporated on 09 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Daivik Associates by revenue are Navigant International Private Limited, Vayutel Technology Services Private Limited, Info Transtech India Private Limited, Suyog Telematics Private Limited, Digisense Customeriq Private Limited and 5 more, all in the Telecom industry (Telecom Service Providers).
Milind Dilip Dangle was appointed as Director on 09 Oct 2020. Shruti Shah was appointed as Director on 09 Oct 2020.
The registered office of Daivik Associates is at Flat. 203 2nd Flr Sai Khush Chs Ltd. Sector – 30 Gathavali Gaon Rabale, Thane, Maharashtra, India – 400701.
Daivik Associates has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.