Daksha Cables Industries Private Limited
About Daksha Cables Industries Private Limited
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Daksha Cables Industries Private Limited is a private limited company based in Kandivlai West, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 02 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH1999PTC118094. Its GSTIN is 27AABCD0333M1ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹6.01 Lakh. It is led by directors Niraj Harish Gupta and Devyani Gupta.
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 Kandivlai West, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.82 Lakh (net margin 0.6%) and EBITDA of ₹28.08 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 309% over three years and 83% over five years.
As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹80 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Daksha Cables Industries Private Limited's registered office is in Kandivlai West, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address143 A Government Industrial Estate, Charkop Kandivali West, Kandivlai West, Maharashtra, India – 400067
- IndustryManufacturing, Cable & Wire
To see the full contact details of Daksha Cables Industries Private Limited, buy the company report.
- 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
Business activity
The main business activity of Daksha Cables Industries is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Daksha Cables Industries Private Limited, buy the company report.
Financials of Daksha Cables Industries Private Limited
FY 2024 filings availableDaksha Cables Industries Private Limited reported revenue of ₹30.57 Cr (up 178% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 178% growth in the latest year. EBITDA rose 56% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹28.08 Lakh | ||||
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| Net Profit (PAT) | ₹19.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Daksha Cables Industries Private Limited, buy the company report.
Board of directors of Daksha Cables Industries Private Limited
Daksha Cables Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Harish Gupta | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
| Devyani Gupta | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Daksha Cables Industries Private Limited is audited by CHINTANNITIN USHADEDHIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINTANNITIN USHADEDHIA | FY 2023 | 142480 |
Shareholding
The shareholding of Daksha Cables Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Daksha Cables Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100970670 | Others | ₹4.9 Cr | Open | |
| 16 Sep 2000 | 90143027 | Dena Bank | ₹80 Lakh | Satisfied |
To see the full charge records of Daksha Cables Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Daksha Cables Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Daksha Cables Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Daksha Cables Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD0333M1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daksha Cables Industries Private Limited, buy the company report.
Recent activity
Daksha Cables Industries Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Bipin Fatehchandbai Shah ceased to be Director on 22 Jan 2024.
1 earlier event is in the company report.
Frequently asked questions
Daksha Cables Industries is an active private limited company based in Kandivlai West, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 02 February 1999 (27+ years old) and is registered under CIN U31300MH1999PTC118094.
Daksha Cables Industries has 2 current directors:
- Niraj Harish Gupta - Director
- Devyani Gupta - Director
The latest financial statements of Daksha Cables Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Daksha Cables Industries is 27AABCD0333M1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Daksha Cables Industries is U31300MH1999PTC118094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daksha Cables Industries was incorporated on 02 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Bipin Fatehchandbai Shah ceased to be Director on 22 Jan 2024. Vinod Nivruti Kamble ceased to be Additional Director on 22 Jan 2024. Devyani Gupta was appointed as Director on 01 Oct 2023. Daksha Cables Industries has 5 board changes on record in total.
The registered office of Daksha Cables Industries is at 143 A Government Industrial Estate, Charkop Kandivali West, Kandivlai West, Maharashtra, India – 400067.
Daksha Cables Industries operates in the manufacturing industry, in the cable and wire segment.
Daksha Cables Industries has open charges of ₹4.9 Cr and satisfied charges of ₹80 Lakh as per latest MCA filings.