About DC Development Noida Limited
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DC Development Noida Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adaniconnex Private Limited. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 28 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2020PLC113692. Its GSTIN is 09AAHCD7539B1ZM (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Dc Development Noida Private Limited. It is led by directors including Hemant Sonawane and Pandurang Ramesh Tathele.
Its last annual general meeting (AGM) was held on 19 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹387.17 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹74.14 Cr (net margin -19.1%) and EBITDA of ₹176.18 Cr (EBITDA margin 45.5%).
As per MCA filings, the company has open charges of ₹1,762.58 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2021. Its 10 peer companies in the Information Technology industry (Database Management) are compared by revenue, 5 larger and 5 smaller; the largest is Flatworld Solutions Private Limited with revenue of ₹140 Cr.
For more details, the company can be reached via its website adaniconnex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryInformation Technology, Database Management & 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 DC Development Noida Limited
The main business activity of DC Development Noida is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 DC Development Noida Limited FY 2025 filings available
DC Development Noida Limited reported revenue of ₹387.17 Cr (up 255% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of DC Development Noida Limited
Revenue rose 255% in the latest year. EBITDA rose 282% 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 DC Development Noida Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹176.18 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹74.14 Cr | •••• | •••• | •••• | •••• |
| 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 of DC Development Noida Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -19.1% | •••• | •••• | •••• | •••• |
| 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 DC Development Noida are in the company report.
Financial statements from FY 2021
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 DC Development Noida Limited
DC Development Noida Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DC Development Noida Limited this company | ₹387.17 Cr (FY 2026) | •••• | •••• | 255.0% | •••• | Ahmedabad, Gujarat, India |
| Flatworld Solutions Private Limited | ₹140 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Sureprep (India) Private Limited | ₹122.91 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| NTT Global Data Centers Nav2 Private Limited | ₹114.71 Cr (FY 2024) | •••• | •••• | 13476.0% | •••• | Mumbai, Maharashtra, India |
| Servicenow Data Services Private Limited | ₹112.68 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| GPX India II Private Limited | ₹111.54 Cr (FY 2023) | •••• | •••• | 67.0% | •••• | Andheri, Mumbai, Maharashtra, India |
| Arcserve India Software Solutions Private Limited | ₹108.13 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Sort India Enviro Solutions Limited | ₹107.79 Cr (FY 2016) | •••• | •••• | 58.0% | •••• | Vadodara, Gujarat, India |
| Shiv Ganesh Metalloys Private Limited | ₹106.41 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Faridabad, Haryana, India |
| Analyticsquotient Services India Private Limited | ₹106.12 Cr (FY 2017) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
| Biomet Visa(India) Private Limited | ₹105.74 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below DC Development Noida by revenue in the Information Technology industry (Database Management), 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 DC Development Noida Limited
DC Development Noida Limited is audited by SHAH DHANDHARIA & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH DHANDHARIA & CO LLP | 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 DC Development Noida Limited
DC Development Noida has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Sonawane Also directs: Giridhari Build Estate Limited, Granthik Realtors Limited, Trade Castle Tech Park Private Limited and 5 more | Director | 20 Oct 2022 | 3 Years 11 Months | Current |
| Pandurang Ramesh Tathele Also directs: Giridhari Build Estate Limited, Granthik Realtors Limited, Trade Castle Tech Park Private Limited and 5 more | Additional Director | 28 Jan 2026 | 0 Years 8 Months | Current |
| Krishna Sreedhar Menon Also directs: Adaniconnex Hyderabad Three Limited, Adaniconnex Hyderabad Two Limited, Trade Castle Tech Park Private Limited and 5 more | Additional Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of DC Development Noida 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 DC Development Noida Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2023 | Others | ₹1,762.58 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of DC Development Noida Limited
DC Development Noida Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: AdaniConnex Private Limited & Nitesh Sharma, AdaniConnex Private Limited & Vinod Javur, AdaniConnex Private Limited & Sanjay Bhutani Seller: Adani Enterprises Limited & Jaladhi Shukla, Adani Enterprises Limited & Krutarth Thakkar, Adani Enterprises Limited & Gunjan Taunk |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at DC Development Noida Limited
DC Development Noida Limited has a workforce of 0 employees as of Apr 05, 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.
CIN History of DC Development Noida Limited
DC Development Noida has one previous CIN (Corporate Identification Number): U74999GJ2020PTC113692. The current CIN is U74999GJ2020PLC113692, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2020PLC113692 | Current |
| U74999GJ2020PTC113692 | Previous |
Recent Activity on DC Development Noida Limited
DC Development Noida Limited has 13 board changes on record since 2020: 8 appointments and 5 cessations. The latest: Pandurang Ramesh Tathele was appointed as Additional Director on 28 Jan 2026.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for DC Development Noida 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 DC Development Noida 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 DC Development Noida 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 DC Development Noida Limited
DC Development Noida has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCD7539B1ZM | Uttar Pradesh | Active | 08 Aug 2021 |
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 DC Development Noida 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.
Related news about DC Development Noida Limited
Frequently Asked Questions about DC Development Noida Limited
DC Development Noida is an active public limited company based in Ahmedabad, Gujarat, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 28 May 2020 (6+ years old) and is registered under CIN U74999GJ2020PLC113692.
DC Development Noida reported revenue of ₹387.17 Cr for FY 2026 (up 255% YoY).
DC Development Noida has 3 current directors:
- Hemant Sonawane - Director
- Pandurang Ramesh Tathele - Additional Director
- Krishna Sreedhar Menon - Additional Director
DC Development Noida reported a net loss of ₹74.14 Cr (net margin -19.1%) and EBITDA of ₹176.18 Cr (EBITDA margin 45.5%) for FY 2026, as per its filed financial statements.
The GSTIN of DC Development Noida is 09AAHCD7539B1ZM, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of DC Development Noida is U74999GJ2020PLC113692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DC Development Noida was incorporated on 28 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
DC Development Noida has 1 deal on record (1 secondary share transfer); the latest was in November 2021.
The peers of DC Development Noida by revenue are Flatworld Solutions Private Limited, Sureprep (India) Private Limited, NTT Global Data Centers Nav2 Private Limited, Servicenow Data Services Private Limited, GPX India II Private Limited and 5 more, all in the Information Technology industry (Database Management).
Pandurang Ramesh Tathele was appointed as Additional Director on 28 Jan 2026. Sanjay Bhutani ceased to be Director on 28 Jan 2026. Krishna Sreedhar Menon was appointed as Additional Director on 01 Jul 2025. DC Development Noida has 13 board changes on record in total.
DC Development Noida can be reached through the website adaniconnex.com. Its registered office is in Ahmedabad, Gujarat, India.