About Digital Reading Foundation
Data last updated:
Digital Reading Foundation was a private not for profit company based in New Delhi, Delhi, India, operated as a subsidiary of Worldreader.Org. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the educational support services segment of the education and learning sector. It was incorporated on 02 December 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2015NPL288080.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Smita Sircar and Pradeep Kumar.
Its last annual general meeting (AGM) was held on 14 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 201 C/6 2nd Floor, D 21 Corporate Park Sector – 21 Dwarka, New Delhi, Delhi, India – 110077.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.25 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹50,200 (net margin 2.5%) and EBITDA of ₹50,200 (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 34% over five years.
The company was associated with 1 brand: Worldreader.
The last known website on record is worldreader.org.
Company details
Contact details
Digital Reading Foundation's registered office is in New Delhi, Delhi. Its website is worldreader.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address201 C/6 2nd Floor, D 21 Corporate Park Sector – 21 Dwarka, New Delhi, Delhi, India – 110077
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Digital Reading Foundation, 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
Brands
Digital Reading Foundation operates one associated brand: Worldreader. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Youth internships and training are provided via Innovate ME program. | worldreader.org |
Financials of Digital Reading Foundation
FY 2024 filings availableDigital Reading Foundation reported revenue of ₹20.25 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 56% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹50,200 | ||||
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| Net Profit (PAT) | ₹50,200 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Digital Reading Foundation, buy the company report.
Board of directors of Digital Reading Foundation
Digital Reading Foundation 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 |
|---|---|---|---|---|
| Smita Sircar Also directs: Labournet Livelihood Foundation | Director | 26 Nov 2016 | 9 Years 11 Months | As last reported |
| Pradeep Kumar | Director | 27 Apr 2023 | 3 Years 6 Months | As last reported |
Peer comparison
Digital Reading Foundation is compared with the 5 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Allanque Consulting Private Limited | ₹20.28 Lakh (FY 2025) | -12.0% | Bangalore, Karnataka, India | |||
| Padhai Likhai Educational Solutions Private Limited | ₹20.28 Lakh (FY 2025) | -18.0% | Pune, Maharashtra, India | |||
| Britlex Education Private Limited | ₹20.28 Lakh (FY 2025) | 8.0% | Mohali, Punjab, India | |||
| Preparatory Learning Private Limited | ₹20.25 Lakh (FY 2025) | -72.0% | Kolkata, West Bengal, India | |||
| Digital Reading Foundationthis company | ₹20.25 Lakh (FY 2024) | ₹50,200 | 2.5% | -44.0% | New Delhi, Delhi, India | |
| Edurupt Technologies Private Limited | ₹20.17 Lakh (FY 2024) | 13.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Digital Reading Foundation, buy the company report.
Auditor
Digital Reading Foundation is audited by Singhi & Co. Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. Chartered Accountants | FY 2023 | 302049E |
Shareholding
The shareholding of Digital Reading Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Digital Reading Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Digital Reading Foundation 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 Digital Reading Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Digital Reading Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Digital Reading Foundation has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Bhanu Kiran Potta ceased to be Director on 30 Apr 2023.
Frequently asked questions
Digital Reading Foundation has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Digital Reading Foundation was a private not for profit company based in New Delhi, Delhi, India. The company worked in educational support services, within the education and learning industry. It was incorporated on 02 December 2015 and is registered under CIN U74900DL2015NPL288080. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Digital Reading Foundation was incorporated on 02 December 2015. It is registered with the Registrar of Companies, Delhi.
Digital Reading Foundation had 2 directors:
- Smita Sircar - Director
- Pradeep Kumar - Director
The CIN (Corporate Identification Number) of Digital Reading Foundation is U74900DL2015NPL288080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Digital Reading Foundation is at 201 C6 2nd Floor, D 21 Corporate Park Sector – 21 Dwarka, New Delhi, Delhi, India – 110077.
Digital Reading Foundation can be reached through the website worldreader.org. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Digital Reading Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 14 June 2024. Year-wise statements from FY 2016 are in the company report.
Digital Reading Foundation operated in the education and learning industry, in the educational support services segment.
The peers of Digital Reading Foundation by revenue are Allanque Consulting Private Limited, Padhai Likhai Educational Solutions Private Limited, Britlex Education Private Limited, Preparatory Learning Private Limited, Edurupt Technologies Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services).
Bhanu Kiran Potta ceased to be Director on 30 Apr 2023. Pradeep Kumar was appointed as Director on 27 Apr 2023. Pradeep Kumar ceased to be Additional Director on 27 Apr 2023. Digital Reading Foundation has 6 board changes on record in total.
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