About DNL Core Design Limited
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DNL Core Design Limited is a public limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PLC102295. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.34 Cr. It was formerly known as Dnl Core Design Private Limited and Jbt Foods Private Limited. It is led by directors including Navinkumar Shamaldas Gelot (Managing Director) and Satyjeetsinh Parmar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 19/20 Manash Complex Near Jodhpur Char Rasta Satellite Road, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹46.25 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Lakh (net margin 3.2%) and EBITDA of ₹15.24 Lakh (EBITDA margin 32.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
For more details, the company can be reached via its website dnlcore.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address19/20 Manash Complex Near Jodhpur Char Rasta Satellite Road, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
- 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 DNL Core Design Limited
The main business activity of DNL Core Design is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 DNL Core Design Limited FY 2023 filings available
DNL Core Design Limited reported revenue of ₹46.25 Lakh (down 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of DNL Core Design Limited
Revenue fell 55% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 62% 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 DNL Core Design Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| 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 | ₹15.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.5 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of DNL Core Design Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 DNL Core Design are in the company report.
Financial statements from FY 2019
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 DNL Core Design Limited
DNL Core Design Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Systimanx IT Solutions Private Limited | ₹46.61 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Papple Technologies Private Limited | ₹46.58 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Bengaluru, Karnataka, India |
| Gapi Infotech Private Limited | ₹46.5 Lakh (FY 2025) | •••• | •••• | 107.0% | •••• | Delhi, India |
| Sky Infoline Private Limited | ₹46.5 Lakh (FY 2024) | •••• | •••• | 54.0% | •••• | Kolkata, West Bengal, India |
| Onebigbit Technologies Private Limited | ₹46.38 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Lucknow, Uttar Pradesh, India |
| DNL Core Design Limited this company | ₹46.25 Lakh (FY 2023) | •••• | •••• | -55.0% | •••• | Ahmedabad, Gujarat, India |
| Induslogix Technologies Private Limited | ₹46.24 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Multunus Software Private Limited | ₹46.21 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Tarun Info Solutions Private Limited | ₹46.13 Lakh (FY 2018) | •••• | •••• | 421.0% | •••• | Bhopal, Madhya Pradesh, India |
| Aryah Software Solutions Private Limited | ₹46.09 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Indiranagar, Bangalore, Karnataka, India |
| Iariana Technologies Private Limited | ₹46.07 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Amreli, Gujarat, India |
Peers are the five companies nearest above and the five nearest below DNL Core Design by revenue in the Information Technology industry (Application Development), 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 DNL Core Design Limited
DNL Core Design Limited is audited by AAKASH SONI & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AAKASH SONI & ASSOCIATES | 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 DNL Core Design Limited
DNL Core Design has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyjeetsinh Parmar | Director | 19 Oct 2021 | 4 Years 11 Months | Current |
| Navinkumar Shamaldas Gelot Also directs: Flavour Chariot Private Limited | Managing Director | 12 Oct 2021 | 5 Years 0 Months | Current |
| Arvindkumar Gulabji Parmar Also directs: Bluerock Investment Quotient LLP, Pulsar International Limited | Director | 12 Oct 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of DNL Core Design 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 DNL Core Design Limited
DNL Core Design Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at DNL Core Design Limited
Employment history and EPFO contributions of people linked to DNL Core Design.
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.
Name History of DNL Core Design Limited
DNL Core Design has undergone 2 name changes throughout its history. The company was previously known as Dnl Core Design Private Limited, and Jbt Foods Private Limited. The current legal name is Dnl Core Design Limited.
| Company Name | Status |
|---|---|
| DNL Core Design Limited | Current |
| Dnl Core Design Private Limited | Previous |
| Jbt Foods Private Limited | Previous |
CIN History of DNL Core Design Limited
DNL Core Design has one previous CIN (Corporate Identification Number): U74999GJ2018PTC102295. The current CIN is U74999GJ2018PLC102295, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2018PLC102295 | Current |
| U74999GJ2018PTC102295 | Previous |
Recent Activity on DNL Core Design Limited
DNL Core Design Limited has 14 board changes on record since 2019: 3 appointments and 11 cessations. The latest: Satyjeetsinh Parmar ceased to be Additional Director on 29 Sep 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for DNL Core Design 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.
MSME Payment Delays by DNL Core Design Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of DNL Core Design 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 DNL Core Design Limited
DNL Core Design has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 DNL Core Design 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 DNL Core Design Limited
DNL Core Design is an active public limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 May 2018 (8+ years old) and is registered under CIN U74999GJ2018PLC102295.
DNL Core Design reported revenue of ₹46.25 Lakh for FY 2023 (down 55% YoY).
DNL Core Design has 3 current directors:
- Navinkumar Shamaldas Gelot - Managing Director
- Satyjeetsinh Parmar - Director
- Arvindkumar Gulabji Parmar - Director
DNL Core Design reported a net profit of ₹1.5 Lakh (net margin 3.2%) and EBITDA of ₹15.24 Lakh (EBITDA margin 32.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of DNL Core Design is 36% over three years. In the latest year (FY 2023) revenue fell 55%. CAGR is the steady yearly rate that links the first and the last year.
No. DNL Core Design has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of DNL Core Design is U74999GJ2018PLC102295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DNL Core Design was incorporated on 11 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of DNL Core Design by revenue are Systimanx IT Solutions Private Limited, Papple Technologies Private Limited, Gapi Infotech Private Limited, Sky Infoline Private Limited, Onebigbit Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Satyjeetsinh Parmar ceased to be Additional Director on 29 Sep 2023. Hasmukh Bhudarbhai Prajapati ceased to be Company Secretary on 10 Jul 2022. Arvindkumar Gulabji Parmar ceased to be Additional Director on 01 Nov 2021. DNL Core Design has 14 board changes on record in total.
Yes, DNL Core Design is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).