About Diacore India Private Limited
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Diacore India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Karvos Trading Inc.. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 21 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1998PTC116576. Its GSTIN is 27AABCR0455N1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹12.81 Cr. It was formerly known as Diacore Private Limited. It is led by directors Shahaf Yaakov Zvi Teichman and Nimrod Izhak Yassur.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 1102 Prasad Chambersopera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2018, the company reported a revenue of ₹24.24 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹29.99 Lakh (net margin -1.2%) and EBITDA of -₹13.89 Lakh (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
As per MCA filings, the company has open charges of ₹5 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website diacore.com.
Company details
Contact details
Diacore India Private Limited's registered office is in Mumbai, Maharashtra. Its website is diacore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1102 Prasad Chambersopera House, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Diacore India 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 Diacore India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Diacore India Private Limited, buy the company report.
Financials of Diacore India Private Limited
FY 2018 filings availableDiacore India Private Limited reported revenue of ₹24.24 Cr (down 73% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 73% fall in the latest year. EBITDA fell 114% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹24.24 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹13.89 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹29.99 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.6% | |||
| Net Profit Margin | -1.2% | |||
| 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 Diacore India Private Limited, buy the company report.
Board of directors of Diacore India Private Limited
Diacore India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shahaf Yaakov Zvi Teichman | Director | 23 Jan 2006 | 20 Years 9 Months | Current |
| Nimrod Izhak Yassur | Director | 25 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Diacore India Private Limited is audited by G M KAPADIA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G M KAPADIA & CO | FY 2018 | 104767W |
Shareholding
The shareholding of Diacore India Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Diacore India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2005 | 90355146 | Abn Amro Bank N.V. | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Diacore India 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 Diacore India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diacore India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR0455N1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 24AABCR0455N1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diacore India Private Limited, buy the company report.
Recent activity
Diacore India Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Rakesh Arunkumar Ghia ceased to be Additional Director on 12 Dec 2022.
Frequently asked questions
Diacore India is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 21 September 1998 (28+ years old) and is registered under CIN U51900MH1998PTC116576.
Diacore India has 2 current directors:
- Shahaf Yaakov Zvi Teichman - Director
- Nimrod Izhak Yassur - Director
The latest financial statements of Diacore India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Diacore India is 27AABCR0455N1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCR0455N1ZC (Gujarat).
The CIN (Corporate Identification Number) of Diacore India is U51900MH1998PTC116576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diacore India was incorporated on 21 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Rakesh Arunkumar Ghia ceased to be Additional Director on 12 Dec 2022. Lior Levin ceased to be Director on 02 May 2019. Harsh Jagdish Sagar ceased to be Additional Director on 10 Feb 2015. Diacore India has 6 board changes on record in total.
Diacore India can be reached through the website diacore.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Diacore India is at 1102 Prasad Chambersopera House, Mumbai, Maharashtra, India – 400004.
Diacore India operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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