About Dao Evtech Private Limited
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Dao Evtech Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Dao Evtech Llc Inc. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 05 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U34102TG2019PTC131092. Its GSTIN is 36AAHCD1330J1ZV (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹5.56 Cr. It is led by directors including Balaji Achutuni and Robin Varghese.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H/O 8 – 2 – 695/E/7A Emperor Enclave Road No.12 Banjara Hill, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.7 Cr (net margin -99.4%) and EBITDA of -₹1.63 Cr (EBITDA margin -95.3%).
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DAO EVTech. As per MCA filings, the company has open charges of ₹1 Cr on record.
For more details, the company can be reached via its website daoev.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH/O 8 – 2 – 695/E/7A Emperor Enclave Road No.12 Banjara Hill, Hyderabad, Telangana, India – 500034
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
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Business Activity of Dao Evtech Private Limited
The main business activity of Dao Evtech is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | 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 Dao Evtech Private Limited FY 2022 filings available
Dao Evtech Private Limited reported revenue of ₹1.71 Cr (up 1066% YoY) for FY 2022.
Financial Statement Summary of Dao Evtech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | -₹1.63 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.7 Cr | •••• | •••• | •••• |
| 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 Dao Evtech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -95.3% | •••• | •••• | •••• |
| Net Profit Margin | -99.4% | •••• | •••• | •••• |
| 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 Dao Evtech are in the company report.
Financial statements from FY 2019
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 Dao Evtech Private Limited
Dao Evtech Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vva Auto Industries Private Limited | ₹1.77 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Waya Eservices Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | 1277.0% | •••• | Jaipur, Rajasthan, India |
| Sglline Motors Private Limited | ₹1.75 Cr (FY 2022) | •••• | •••• | 67.0% | •••• | Patna, Bihar, India |
| Abzo Motors Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | 269.0% | •••• | Kadi, Gujarat, India |
| VSS Vinco Private Limited | ₹1.71 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Thiruvananthapuram, Kerala, India |
| Dao Evtech Private Limited this company | ₹1.71 Cr (FY 2022) | •••• | •••• | 1066.0% | •••• | Hyderabad, Telangana, India |
| Gdrive Motors Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Panchkula, Haryana, India |
| Physics Motors Technology Private Limited | ₹1.68 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Hubli, Karnataka, India |
| Minder EV Logistics Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | 453.0% | •••• | Gurgaon, Haryana, India |
| Raftaar Electric Green Vehicles Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | Sirhind, Punjab, India |
| Neotrend EV Systems Private Limited | ₹1.62 Cr (FY 2024) | •••• | •••• | 145.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Dao Evtech by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dao Evtech Private Limited
Dao Evtech Private Limited is audited by TANKASALA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TANKASALA & CO | 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 Dao Evtech Private Limited
Dao Evtech 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 |
|---|---|---|---|---|
| Balaji Achutuni Also directs: Aba Consulting LLP, Daisy Systems Limited, Deepika Leasing and Finance Limited and 5 more | Director | 20 Aug 2024 | 2 Years 1 Months | Current |
| Robin Varghese | Director | 05 Mar 2019 | 7 Years 7 Months | Current |
| Ning Liu | Director | 31 Mar 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of Dao Evtech 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 Dao Evtech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2021 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Dao Evtech Private Limited
Dao Evtech operates one associated brand: DAO EVTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for electric scooters to enhance urban mobility. | daoev.com |
Employees and EPFO Compliance at Dao Evtech Private Limited
Employment history and EPFO contributions of people linked to Dao Evtech.
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.
News related to Dao Evtech Private Limited
Recent Activity on Dao Evtech Private Limited
Dao Evtech Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Balaji Achutuni was appointed as Director on 20 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Dao Evtech 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 Dao Evtech 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 Dao Evtech 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 Dao Evtech Private Limited
Dao Evtech has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCD1330J1ZV | Telangana | Active | 08 Apr 2019 |
| 27AAHCD1330J1ZU | Maharashtra | Active | 30 Sep 2021 |
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 Dao Evtech 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 Dao Evtech Private Limited
Dao Evtech is an active private limited company based in Hyderabad, Telangana, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 05 March 2019 (7+ years old) and is registered under CIN U34102TG2019PTC131092.
Dao Evtech reported revenue of ₹1.71 Cr for FY 2022 (up 1066% YoY).
Dao Evtech has 3 current directors:
- Balaji Achutuni - Director
- Robin Varghese - Director
- Ning Liu - Director
Dao Evtech reported a net loss of ₹1.7 Cr (net margin -99.4%) and EBITDA of -₹1.63 Cr (EBITDA margin -95.3%) for FY 2022, as per its filed financial statements.
The GSTIN of Dao Evtech is 36AAHCD1330J1ZV, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAHCD1330J1ZU (Maharashtra).
The CIN (Corporate Identification Number) of Dao Evtech is U34102TG2019PTC131092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dao Evtech was incorporated on 05 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Dao Evtech by revenue are Vva Auto Industries Private Limited, Waya Eservices Private Limited, Sglline Motors Private Limited, Abzo Motors Private Limited, VSS Vinco Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Balaji Achutuni was appointed as Director on 20 Aug 2024. Balaji Achutuni ceased to be Director on 21 Sep 2023. Ning Liu was appointed as Director on 31 Mar 2022. Dao Evtech has 7 board changes on record in total.
Dao Evtech can be reached through the website daoev.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Dao Evtech is at HO 8 – 2 – 695E7A Emperor Enclave Road No.12 Banjara Hill, Hyderabad, Telangana, India – 500034.