About Diacoretools Private Limited
Data last updated:
Diacoretools Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 16 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28939KA2012PTC065362. Its GSTIN is 29AAFCB1339R1Z5 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.09 Lakh. It was formerly known as Bloc-Stone Saw Private Limited. It is led by directors Neelathalli Srinivasa Srivatsa and Suresh Ramamurthy.
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 Cp 134 2nd Main Kssidc Dr Br Ambedkar Industrial Area Jigani Anekal Taluk, Bangalore, Karnataka, India – 560105.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.25 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹23.95 Lakh (net margin 0.5%) and EBITDA of ₹2.17 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 138% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.92 Cr and satisfied charges of ₹93.38 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diacore.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCp 134 2nd Main Kssidc Dr Br Ambedkar Industrial Area Jigani Anekal Taluk, Bangalore, Karnataka, India – 560105
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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 Diacoretools Private Limited
The main business activity of Diacoretools is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Diacoretools Private Limited FY 2024 filings available
Diacoretools Private Limited reported revenue of ₹47.25 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Diacoretools Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 138%. EBITDA fell 49% 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 Diacoretools Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.95 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 Diacoretools Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Diacoretools are in the company report.
Financial statements from 2015
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 Diacoretools Private Limited
Diacoretools Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Components Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kakkar Complex Steels Ltd | ₹51.25 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Punjab, India |
| Avdel (India) Private Limited | ₹51.14 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Rocktech Metals Private Limited | ₹49.77 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ranchi, Jharkhand, India |
| Bansal Colours Private Limited | ₹49.62 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Sumit Precision Fasteners Private Limited | ₹49.14 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Diacoretools Private Limited this company | ₹47.25 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Bangalore, Karnataka, India |
| Starshot Tools Private Limited | ₹47.08 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Newdelhi, Delhi, India |
| Efficient Distributors Private Limited | ₹46.91 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Kanpur, Uttar Pradesh, India |
| Mog Technologies Private Limited | ₹46.88 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| Bhavya Fitments Private Limited | ₹45.84 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Daskroi, Gujarat, India |
| Micro Plates Private Limited | ₹45 Cr (FY 2017) | •••• | •••• | 2908.0% | •••• | Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Diacoretools by revenue in the Engineering industry (Components Retail and Distribution), 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 Diacoretools Private Limited
Diacoretools Private Limited is audited by VISHNU DAYA & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHNU DAYA & CO LLP | 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 Diacoretools Private Limited
Diacoretools has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelathalli Srinivasa Srivatsa Also directs: Diacore Glostec LLP | Director | 16 Aug 2012 | 14 Years 1 Months | Current |
| Suresh Ramamurthy Also directs: Diacore Glostec LLP, Inferno Analytics LLP | Director | 16 Aug 2012 | 14 Years 1 Months | Current |
Ownership and Shareholding of Diacoretools 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 Diacoretools Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2022 | Hdfc Bank Limited | ₹4.24 Lakh | Open |
| 26 May 2022 | Hdfc Bank Limited | ₹4.07 Lakh | Open |
| 26 May 2022 | Hdfc Bank Limited | ₹4.24 Lakh | Open |
| 26 May 2022 | Hdfc Bank Limited | ₹4.24 Lakh | Open |
| 26 Mar 2021 | Hdfc Bank Limited | ₹35.95 Lakh | Open |
Total charge records: 14 View all charges
MSME Payment Delays by Diacoretools Private Limited
Diacoretools Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Dr. Fritsch Machines and Powders Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Diacoretools Private Limited
Diacoretools Private Limited has a workforce of 54 employees as of Apr 05, 2024.
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 Diacoretools Private Limited
Diacoretools Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Neelathalli Srinivasa Srivatsa was appointed as Director on 16 Aug 2012.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Diacoretools 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.
Subsidiaries & Group Companies of Diacoretools 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 Diacoretools Private Limited
Diacoretools has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB1339R1Z5 | Karnataka | Active | 01 Jul 2017 |
| 08AAFCB1339R1Z9 | Rajasthan | Active | 13 Jun 2020 |
| 37AAFCB1339R1Z8 | Andhra Pradesh | Active | 20 Jun 2020 |
| 36AAFCB1339R1ZA | Telangana | Active | 09 Jul 2020 |
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 Diacoretools 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 Diacoretools Private Limited
Diacoretools is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 16 August 2012 (14+ years old) and is registered under CIN U28939KA2012PTC065362.
Diacoretools reported revenue of ₹47.25 Cr for FY 2024 (down 36% YoY).
Diacoretools has 2 current directors:
- Neelathalli Srinivasa Srivatsa - Director
- Suresh Ramamurthy - Director
Diacoretools reported a net profit of ₹23.95 Lakh (net margin 0.5%) and EBITDA of ₹2.17 Cr (EBITDA margin 4.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Diacoretools is 9% over three years and 138% over five years. In the latest year (FY 2024) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Diacoretools is 29AAFCB1339R1Z5, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 08AAFCB1339R1Z9 (Rajasthan), 37AAFCB1339R1Z8 (Andhra Pradesh), 36AAFCB1339R1ZA (Telangana).
The CIN (Corporate Identification Number) of Diacoretools is U28939KA2012PTC065362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diacoretools was incorporated on 16 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Diacoretools by revenue are Kakkar Complex Steels Ltd, Avdel (India) Private Limited, Rocktech Metals Private Limited, Bansal Colours Private Limited, Sumit Precision Fasteners Private Limited and 5 more, all in the Engineering industry (Components Retail and Distribution).
Neelathalli Srinivasa Srivatsa was appointed as Director on 16 Aug 2012. Suresh Ramamurthy was appointed as Director on 16 Aug 2012.
Diacoretools has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Diacoretools can be reached through the website diacore.in. Its registered office is in Bangalore, Karnataka, India.