Discern Living Technology Solutions Private Limited

Discern Living Technology Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2015PTC264543 Incorporated 16 May 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹35.45 Lakh
▼ 76% YoY
Net loss · FY 2024
₹17.87 Lakh
Net margin -50.4%
EBITDA · FY 2024
-₹17.87 Lakh
EBITDA margin -50.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
2
of 3 registered

About Discern Living Technology Solutions Private Limited

Data last updated:

Discern Living Technology Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 May 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC264543. Its GSTIN is 27AAFCD3453J1ZK (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gautam Kitchlu and Dheera Kitchlu.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹35.45 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹17.87 Lakh (net margin -50.4%) and EBITDA of -₹17.87 Lakh (EBITDA margin -50.4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 17% over five years.

The company is associated with 1 brand: Discern Living.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website discernliving.com.

Company details

CIN U74999MH2015PTC264543
Registration Number 264543
Incorporation Date 16 May 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Discern Living Technology Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is discernliving.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Flat 31 3rd Floor Ajay Deep 240 Perin Nariman Street Bazar Gate F, Ort, Mumbai, Maharashtra, India – 400001
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Discern Living Technology Solutions Private Limited, buy the company report.

Comprehensive company report
Discern Living Technology Solutions 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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Secure checkout · GST invoice included

Brands

Discern Living Technology Solutions operates one associated brand: Discern Living. Each brand links to its own profile.

BrandDescriptionWebsite
Operates in stealth mode, focusing on innovative solutions in the home decor space.discernliving.com

Business activity

The main business activity of Discern Living Technology Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Discern Living Technology Solutions Private Limited, buy the company report.

Financials of Discern Living Technology Solutions Private Limited

FY 2025 filings available

Discern Living Technology Solutions Private Limited reported revenue of ₹35.45 Lakh (down 76% YoY) for FY 2024.

Revenue · FY 2024
₹35.45 Lakh ▼ 76%
Net loss · FY 2024
₹17.87 Lakh margin -50.4%
EBITDA · FY 2024
-₹17.87 Lakh margin -50.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 41%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 34%
5 years · compounded
▲ 32%

Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 76% fall in the latest year. EBITDA fell 36% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹17.87 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17.87 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-50.4%
Net Profit Margin-50.4%
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 Discern Living Technology Solutions Private Limited, buy the company report.

Board of directors of Discern Living Technology Solutions Private Limited

Discern Living Technology Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Gautam KitchluDirector16 May 201511 Years 5 MonthsCurrent
Dheera KitchluDirector16 May 201511 Years 5 MonthsCurrent

Peer comparison

Discern Living Technology Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Uprist Service Portal Private Limited₹35.53 Lakh (FY 2025)-62.0%Dehradun, Uttarakhand, India
3J Global Services Private Limited₹35.53 Lakh (FY 2024)-15.0%Raigad, Maharashtra, India
Sasg IT Solutions Private Limited₹35.52 Lakh (FY 2024)-76.0%College, Hyderabad, Telangana, India
Aashritha Telecom Services Private Limited₹35.49 Lakh (FY 2025)11.0%Mumbai, Maharashtra, India
Fortran Technologies Private Limited₹35.47 Lakh (FY 2025)8.0%Panaji, Goa, India
Discern Living Technology Solutions Private Limitedthis company₹35.45 Lakh (FY 2024)-₹17.87 Lakh-50.4%-76.0%Mumbai, Maharashtra, India
Gesture Research (OPC) Private Limited₹35.45 Lakh (FY 2021)46.0%Gurgaon, Haryana, India
Dil Se Films Private Limited₹35.45 Lakh (FY 2025)111.0%Delhi, India
Pathcom Communications Private Limited₹35.44 Lakh (FY 2024)211.0%Bengaluru, Karnataka, India
Futurmade Consulting Private Limited₹35.42 Lakh (FY 2025)-70.0%Bangalore, Karnataka, India
Entrench Electronics Private Limited₹35.42 Lakh (FY 2025)-68.0%Ghaziabad, Uttar Pradesh, India

To see the full peer comparison of Discern Living Technology Solutions Private Limited, buy the company report.

Auditor

Discern Living Technology Solutions Private Limited is audited by KAPADIA ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KAPADIA ASSOCIATESFY 2023112711W

Shareholding

The shareholding of Discern Living Technology Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Discern Living Technology Solutions Private Limited, buy the company report.

MSME payment delays

Discern Living Technology Solutions Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Ingot International LLP

To see the full MSME payment records of Discern Living Technology Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Discern Living Technology Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAFCD3453J1ZKMaharashtraActive01 Jul 2017
27AAMFK9833H1ZTMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Discern Living Technology Solutions Private Limited, buy the company report.

Recent activity

Discern Living Technology Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Dheera Kitchlu was appointed as Director on 16 May 2015.

AGM
Discern Living Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Discern Living Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Dheera Kitchlu was appointed as Director.
Appointed
Gautam Kitchlu was appointed as Director.
Incorporation
16 May 2015
Discern Living Technology Solutions Private Limited was registered on 16 May 2015 with Roc Mumbai I & aged 11 years 5 months as per MCA records.

Frequently asked questions

Discern Living Technology Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 May 2015 (11+ years old) and is registered under CIN U74999MH2015PTC264543.

Discern Living Technology Solutions has 2 current directors:

The latest financial statements of Discern Living Technology Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Discern Living Technology Solutions is 27AAFCD3453J1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAMFK9833H1ZT (Maharashtra).

The CIN (Corporate Identification Number) of Discern Living Technology Solutions is U74999MH2015PTC264543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Discern Living Technology Solutions was incorporated on 16 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Discern Living Technology Solutions by revenue are Uprist Service Portal Private Limited, 3J Global Services Private Limited, Sasg IT Solutions Private Limited, Aashritha Telecom Services Private Limited, Fortran Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Dheera Kitchlu was appointed as Director on 16 May 2015. Gautam Kitchlu was appointed as Director on 16 May 2015.

Discern Living Technology Solutions has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.

Discern Living Technology Solutions can be reached through the website discernliving.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Discern Living Technology Solutions is at Flat 31 3rd Floor Ajay Deep 240 Perin Nariman Street Bazar Gate F, Ort, Mumbai, Maharashtra, India – 400001.

Discern Living Technology Solutions operates in the information technology industry, in the IT consulting and support services segment.