About Damon Projects & Services Private Limited
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Damon Projects & Services Private Limited is a private limited company based in Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2011PTC225569. Its GSTIN is 20AAHCM7388M2ZY (Jharkhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Medini Infosystem Private Limited. It is led by directors Sandip Kumar Singh and Pritijit Singh.
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 24 H.No. 10 Block J & K Extn. Gali No.4 Laxmi Naga, R, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹94.76 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.71 Lakh (net margin 2.9%) and EBITDA of ₹12.31 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 67% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Medini Infosystem.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mediniinfosystem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address24 H.No. 10 Block J & K Extn. Gali No.4 Laxmi Naga, R, Delhi, India – 110092
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Associated Brands with Damon Projects & Services Private Limited
Damon Projects & Services operates one associated brand: Medini Infosystem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides software development, website design, and network monitoring services. | mediniinfosystem.com |
Competitors & Alternatives of Damon Projects & Services Private Limited
Brands and companies operating in the same space as Damon Projects & Services Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India | 2011 |
 Mavenir | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States | 2005 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States | 1988 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India | 1975 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 Endava | Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom | 2000 |
 Accenture | IT and management consultancy services are provided globally. | Dublin, Ireland | 1989 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Damon Projects & Services Private Limited
The main business activity of Damon Projects & Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related 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.
Auditor Details of Damon Projects & Services Private Limited
Damon Projects & Services Private Limited is audited by TIWARI SINGH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TIWARI SINGH & CO. | 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 Damon Projects & Services Private Limited
Damon Projects & Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Kumar Singh | Director | 27 Sep 2011 | 15 Years 0 Months | Current |
| Pritijit Singh | Director | 17 Apr 2016 | 10 Years 5 Months | Current |
Financials of Damon Projects & Services Private Limited FY 2024 filings available
Damon Projects & Services Private Limited reported revenue of ₹94.76 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Damon Projects & Services Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 67%. EBITDA rose 203% 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 Damon Projects & Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.71 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Damon Projects & Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Damon Projects & Services 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.
Ownership and Shareholding of Damon Projects & Services 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 Damon Projects & Services Private Limited
Damon Projects & Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Damon Projects & Services Private Limited
Damon Projects & Services Private Limited has a workforce of 24 employees as of Apr 04, 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.
GST Compliance of Damon Projects & Services Private Limited
Damon Projects & Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAHCM7388M2ZY | Jharkhand | Active | 17 Dec 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Damon Projects & Services 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.
MSME Payment Delays by Damon Projects & Services Private 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 Damon Projects & Services 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.
MCA Filings & Documents of Damon Projects & Services 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.
Recent Activity on Damon Projects & Services Private Limited
Frequently Asked Questions about Damon Projects & Services Private Limited
Damon Projects & Services is an active private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 September 2011 (15+ years old) and is registered under CIN U72900DL2011PTC225569.
Damon Projects & Services reported revenue of ₹94.76 Lakh for FY 2024 (down 6% YoY).
Damon Projects & Services has 2 current directors:
- Sandip Kumar Singh - Director
- Pritijit Singh - Director
Damon Projects & Services reported a net profit of ₹2.71 Lakh (net margin 2.9%) and EBITDA of ₹12.31 Lakh (EBITDA margin 13%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Damon Projects & Services is 67% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Damon Projects & Services is 20AAHCM7388M2ZY, registered in Jharkhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Damon Projects & Services is U72900DL2011PTC225569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Damon Projects & Services was incorporated on 27 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Damon Projects & Services can be reached through the website mediniinfosystem.com. Its registered office is in Delhi, India.