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Daybest Research Private Limited - information technology in Forbesganj, Bihar, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹31.02 Lakh
▼ 67% YoY
Net loss · FY 2022
₹79.59 Lakh
Net margin -256.6%
EBITDA · FY 2022
-₹75.52 Lakh
EBITDA margin -243.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Satisfied charges
₹15 Lakh
No open charges
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Daybest Research Private Limited
Data last updated:
Daybest Research Private Limited is a private limited company based in Forbesganj, Bihar, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U74999BR2017PTC035250. Its GSTIN is 27AAGCD2870C1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Devesh Kumar Jha and Manish Bajpai.
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 College More Forbesganj, Bihar, India – 854318.
As per the financials filed for FY 2022, the company reported a revenue of ₹31.02 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹79.59 Lakh (net margin -256.6%) and EBITDA of -₹75.52 Lakh (EBITDA margin -243.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company is associated with 1 brand: DayBest. As per MCA filings, the company has satisfied charges of ₹15 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Daybest Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-20-0005795). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daybest.in.
Company details
CIN U74999BR2017PTC035250
Registration Number 035250
Incorporation Date 28 July 2017
ROC Patna
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-BR-20-0005795
Key People
Devesh Kumar Jha Director Manish Bajpai Director Recognitions & Rankings of Daybest Research
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-BR-20-0005795
Contact details
Daybest Research Private Limited's registered office is in Forbesganj, Bihar. Its website is daybest.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCollege More Forbesganj, Bihar, India – 854318
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Daybest Research Private Limited, buy the company report.
Comprehensive company report
Daybest Research 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
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Brands
Daybest Research operates one associated brand: DayBest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of drone-based farming solution | daybest.in |
Business activity
The main business activity of Daybest Research is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Daybest Research Private Limited, buy the company report.
Financials of Daybest Research Private Limited
FY 2022 filings availableDaybest Research Private Limited reported revenue of ₹31.02 Lakh (down 67% YoY) for FY 2022.
Revenue · FY 2022
₹31.02 Lakh ▼ 67%
Net loss · FY 2022
₹79.59 Lakh margin -256.6%
EBITDA · FY 2022
-₹75.52 Lakh margin -243.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▲ 16%
EBITDA CAGR growth
3 years · compounded
▼ 418%
Revenue fell 67% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹75.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹79.59 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -243.4% | ||||
| Net Profit Margin | -256.6% | ||||
| 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 Daybest Research Private Limited, buy the company report.
Board of directors of Daybest Research Private Limited
Daybest Research has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devesh Kumar Jha | Director | 28 Jul 2017 | 9 Years 3 Months | Current |
| Manish Bajpai Also directs: JMSR Eco Cleanx Private Limited, Mormaati Foundation | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Daybest Research Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mavoix Technology Solutions Private Limited | ₹31.07 Lakh (FY 2025) | -8.0% | Bangalore, Karnataka, India | |||
| R&S HR Services Private Limited | ₹31.05 Lakh (FY 2018) | Mumbai, Maharashtra, India | ||||
| Taksh Global India Private Limited | ₹31.05 Lakh (FY 2025) | -17.0% | Noida, Uttar Pradesh, India | |||
| Pele Administration Services Private Limited | ₹31.04 Lakh (FY 2024) | -16.0% | Jaipur, Rajasthan, India | |||
| Western Swiss Time Private Limited | ₹31.03 Lakh (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Daybest Research Private Limitedthis company | ₹31.02 Lakh (FY 2022) | -₹79.59 Lakh | -256.6% | -67.0% | Forbesganj, Bihar, India | |
| Jai Mahavir Prints Private Limited | ₹31.02 Lakh (FY 2023) | -33.0% | Surat, Gujarat, India | |||
| Matchbox Container Logistics Private Limited | ₹31.01 Lakh (FY 2025) | -75.0% | Indore, Madhya Pradesh, India | |||
| Marketers Data Solution Private Limited | ₹31.01 Lakh (FY 2025) | -28.0% | Lucknow, Uttar Pradesh, India | |||
| Pursuite Enterprises Private Limited | ₹31 Lakh (FY 2025) | 431.0% | Gurgaon, Haryana, India | |||
| Codleo Foundation | ₹31 Lakh (FY 2024) | -18.0% | Delhi, India |
To see the full peer comparison of Daybest Research Private Limited, buy the company report.
Auditor
Daybest Research Private Limited is audited by ASHOK AGHAV AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK AGHAV AND ASSOCIATES | FY 2019 | 135329W |
Shareholding
The shareholding of Daybest Research Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Daybest Research Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2020 | 100376005 | Others | ₹15 Lakh | Satisfied |
To see the full charge records of Daybest Research Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Daybest Research Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ranchi, Jharkhand | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Daybest Research Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Daybest Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Daybest Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD2870C1ZV | Maharashtra | Active | 27 Feb 2019 |
To see the full GST registrations and return filing status of Daybest Research Private Limited, buy the company report.
Recent activity
Daybest Research Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Shaan Ray ceased to be Director on 09 Sep 2023.
Ceased
Shaan Ray ceased to be Director.
AGM
Daybest Research Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Charges
A charge registered on 22 Sep 2020 via Charge ID 100376005 with Others was fully satisfied on 16 Aug 2022.
Ceased
Pranjal Verma ceased to be Director.
Filing
Daybest Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Patna.
Appointed
Manish Bajpai was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100376005 was registered on 22 Sep 2020.
Ceased
Kumar Kanhaiya ceased to be Director.
Ceased
Abhishek Kumar Singh ceased to be Director.
Ceased
Anmol Kumar Singh ceased to be Director.
Appointed
Devesh Kumar Jha was appointed as Director.
Incorporation
28 Jul 2017
Daybest Research Private Limited was registered on 28 Jul 2017 with Roc Patna & aged 9 years 3 months as per MCA records.
Frequently asked questions
Daybest Research is an active private limited company based in Forbesganj, Bihar, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 July 2017 (9+ years old) and is registered under CIN U74999BR2017PTC035250.
Daybest Research has 2 current directors:
- Devesh Kumar Jha - Director
- Manish Bajpai - Director
The latest financial statements of Daybest Research on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Daybest Research is 27AAGCD2870C1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Daybest Research is U74999BR2017PTC035250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daybest Research has 1 court case on record: 1 filed against it. 1 is pending.
Daybest Research was incorporated on 28 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Daybest Research by revenue are Mavoix Technology Solutions Private Limited, R&S HR Services Private Limited, Taksh Global India Private Limited, Pele Administration Services Private Limited, Western Swiss Time Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Shaan Ray ceased to be Director on 09 Sep 2023. Pranjal Verma ceased to be Director on 27 Jul 2022. Manish Bajpai was appointed as Director on 20 Jul 2021. Daybest Research has 7 board changes on record in total.
Yes, Daybest Research is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Daybest Research is registered as a micro enterprise under Udyam registration (number: UDYAM-BR-20-0005795).
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