About Digi Navi Mumbai Network Private Limited
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Digi Navi Mumbai Network Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Digicable Network (India) Limited. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 08 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64203MH2008PTC186560. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.04 Lakh. It is led by directors including Vijay Birbal Soni and Avinash Batra Durgadas.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.41 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.88 Cr (net margin -42.6%) and EBITDA of -₹79.69 Lakh (EBITDA margin -18.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digicable.in.
Company details
Contact details
Digi Navi Mumbai Network Private Limited's registered office is in Mumbai, Maharashtra. Its website is digicable.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – Wing 602 Everest Grande Building Mahakali Caves Road Opp. Ahura Centre Andheri E, Ast, Mumbai, Maharashtra, India – 400093
- IndustryMedia and Publishing, Cable TV & DTH Services
To see the full contact details of Digi Navi Mumbai Network 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 Digi Navi Mumbai Network is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Digi Navi Mumbai Network Private Limited, buy the company report.
Financials of Digi Navi Mumbai Network Private Limited
FY 2019 filings availableDigi Navi Mumbai Network Private Limited reported revenue of ₹4.41 Cr (down 3% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 933% 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 | ₹4.41 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹79.69 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.88 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -18.1% | |||
| Net Profit Margin | -42.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Digi Navi Mumbai Network Private Limited, buy the company report.
Board of directors of Digi Navi Mumbai Network Private Limited
Digi Navi Mumbai Network has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Birbal Soni Also directs: Digi New Era Network Private Limited, Digi Friends Network Private Limited, Digi Jodhpur Network Private Limited and 4 more | Director | 30 Jun 2014 | 12 Years 4 Months | Current |
| Avinash Batra Durgadas | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Ashok Vithal Waikar | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
Peer comparison
Digi Navi Mumbai Network Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fastway Surya Network Private Limited | ₹4.52 Cr (FY 2024) | -23.0% | Ludhiana, Punjab, India | |||
| Home Television Network Private Limited | ₹4.48 Cr (FY 2025) | 496.0% | Jaipur, Rajasthan, India | |||
| Pricomm Media Distribution Ventures Private Limited | ₹4.45 Cr (FY 2022) | 138.0% | Mumbai, Maharashtra, India | |||
| Digi Navi Mumbai Network Private Limitedthis company | ₹4.41 Cr (FY 2018) | -₹1.88 Cr | -42.6% | -3.0% | 11 | Mumbai, Maharashtra, India |
To see the full peer comparison of Digi Navi Mumbai Network Private Limited, buy the company report.
Auditor
Digi Navi Mumbai Network Private Limited is audited by DHARMESH SOLANKI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMESH SOLANKI & ASSOCIATES | FY 2018 | 126730W |
Shareholding
The shareholding of Digi Navi Mumbai Network Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Digi Navi Mumbai Network Private Limited, buy the company report.
Legal cases
Digi Navi Mumbai Network Private Limited has 4 court cases on record: 1 filed by Digi Navi Mumbai Network, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Discovery Communications India | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India and 3 Others | Disposed |
To see the full case history of Digi Navi Mumbai Network 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 Digi Navi Mumbai Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Digi Navi Mumbai Network Private Limited has a workforce of 11 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Digi Navi Mumbai Network has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Digi Navi Mumbai Network Private Limited, buy the company report.
Recent activity
Digi Navi Mumbai Network Private Limited has 14 board changes on record since 2009: 3 appointments and 11 cessations. The latest: Mitesh Patel ceased to be Director on 20 Sep 2019.
5 earlier events are in the company report.
Frequently asked questions
Digi Navi Mumbai Network is an active private limited company based in Mumbai, Maharashtra, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 08 September 2008 (18+ years old) and is registered under CIN U64203MH2008PTC186560.
Digi Navi Mumbai Network has 3 current directors:
- Vijay Birbal Soni - Director
- Avinash Batra Durgadas - Director
- Ashok Vithal Waikar - Director
The latest financial statements of Digi Navi Mumbai Network on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Digi Navi Mumbai Network has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Digi Navi Mumbai Network is U64203MH2008PTC186560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digi Navi Mumbai Network has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Digi Navi Mumbai Network was incorporated on 08 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Digi Navi Mumbai Network by revenue are Fastway Surya Network Private Limited, Home Television Network Private Limited, Pricomm Media Distribution Ventures Private Limited, all in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities).
Mitesh Patel ceased to be Director on 20 Sep 2019. Amit Upadhyay ceased to be Director on 22 Nov 2018. Vijay Birbal Soni ceased to be Additional Director on 26 Sep 2014. Digi Navi Mumbai Network has 14 board changes on record in total.
Digi Navi Mumbai Network can be reached through the website digicable.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Digi Navi Mumbai Network is at A – Wing 602 Everest Grande Building Mahakali Caves Road Opp. Ahura Centre Andheri E, Ast, Mumbai, Maharashtra, India – 400093.
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