About Digisol Systems Limited
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Digisol Systems Limited is a public limited company based in Verna Salcette, Goa, India, a subsidiary of Smartlink Holdings Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31909GA2016PLC012970. Its GSTIN is 30AAFCD8033N1ZN (Goa). The company holds 11 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹44.6 Cr and a paid-up capital of ₹4.3 Cr. It is led by directors including Kamalaksha Rama Naik (Whole-Time Director) and Arati Kamalaksha Naik.
Its last annual general meeting (AGM) was held on 01 August 2026, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. L – 7 Verna Industrial Estate, Verna Salcette, Goa, India – 403722.
As per the financials filed for FY 2025, the company reported a revenue of ₹194.18 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.6 Cr (net margin 2.4%) and EBITDA of ₹9.23 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years.
The company has about 132 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Digisol and Smartlink Holdings. As per MCA filings, the company has open charges of ₹22.6 Cr and satisfied charges of ₹9.25 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (1 convertible or debt financing, 1 rights issue, 1 debt financing), with disclosed funding of ₹40 Cr; the latest was in March 2017. Its 10 peer companies in the same principal business activity (Wholesale Trading) are compared by revenue, 5 larger and 5 smaller; the largest is Machem India Private Limited with revenue of ₹194.56 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 157 overdue payments to 4 micro and small suppliers totalling ₹23.25 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digisol.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. L – 7 Verna Industrial Estate, Verna Salcette, Goa, India – 403722
- 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
Business Activity of Digisol Systems Limited
The main business activity of Digisol Systems is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Digisol Systems Limited FY 2025 filings available
Digisol Systems Limited reported revenue of ₹194.18 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Digisol Systems Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over three years, including 8% growth in the latest year. EBITDA rose 84% 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 Digisol Systems Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹194.18 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.6 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 Digisol Systems Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Digisol Systems are in the company report.
Financial statements from FY 2017
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 Digisol Systems Limited
Digisol Systems Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Its own revenue is ₹194.18 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Machem India Private Limited | ₹194.56 Cr | ₹5.81 Lakh | 0% | -56% | Mumbai, Maharashtra, India | |
| Frontline Exports Pvt Ltd | ₹194.55 Cr | ₹3.16 Cr | 2% | +4% | 30 | Aroor, Kerala, India |
| RMG Ispat Private Limited | ₹194.52 Cr | ₹51.55 Lakh | 0% | +37% | Opp Muthut Finecs, Delhi, India | |
| Swastik Tradevision Private Limited | ₹194.45 Cr | ₹66.1 Lakh | 0% | +7% | Jaipur, Rajasthan, India | |
| Western Coffee Curers & Exports Private Limited | ₹194.43 Cr | ₹2.75 Cr | 1% | +13% | 23 | Bangalore North, Karnataka, India |
| Digisol Systems Limited this company | ₹194.18 Cr | ₹4.6 Cr | 2.4% | Verna Salcette, Goa, India | ||
| Onest Limited | ₹194.16 Cr | ₹8.01 Cr | 4% | +4% | 44 | Malad West, Maharashtra, India |
| Zeta Buildtech Private Limited | ₹194.03 Cr | ₹82.92 Lakh | 0% | -1% | New, Delhi, India | |
| Sood Medicine Traders Private Limited | ₹194.03 Cr | ₹1.51 Cr | 1% | +7% | 75 | Punjab, India |
| MRJ Chemicals Private Limited | ₹193.96 Cr | ₹28.22 Lakh | 0% | +24% | 5 | Ahmedabad, Gujarat, India |
| Bhavya Iron & Steel Private Limited | ₹193.87 Cr | ₹2.62 Cr | 1% | +22% | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Digisol Systems by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of Digisol Systems Limited
Digisol Systems Limited is audited by M S K A & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S K A & 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 Digisol Systems Limited
Digisol Systems has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arati Kamalaksha Naik Also directs: Smartlink Holdings Limited, Epicurious Hospitality LLP | Director | 17 Aug 2016 | 10 Years 1 Months | Current |
| Kamalaksha Rama Naik Also directs: Smartlink Holdings Limited | Whole-Time Director | 11 May 2018 | 8 Years 4 Months | Current |
| Chandrashekhar Maruti Gaonkar Also directs: Smartlink Holdings Limited, Hibiscus Food LLP, DC Infotech and Communication Limited and 1 more | Director | 01 Sep 2025 | 1 Years 1 Months | Current |
| Satish Vishnu Godbole Also directs: Smartlink Holdings Limited | Director | 01 May 2024 | 2 Years 5 Months | Current |
Ownership and Shareholding of Digisol Systems 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 Digisol Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2026 | Others | ₹7.6 Cr | Open |
| 28 Feb 2017 | Hdfc Bank Limited | ₹15 Cr | Open |
| 06 Feb 2024 | Others | ₹2.5 Cr | Satisfied |
| 21 Oct 2020 | Hdfc Bank Limited | ₹74.63 Lakh | Satisfied |
| 25 Jun 2018 | Others | ₹1 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Digisol Systems Limited
Digisol Systems Limited has 3 deals on record (1 convertible or debt financing, 1 rights issue, 1 debt financing), with disclosed funding of ₹40 Cr; the latest was in March 2017.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Debt financing | ₹5 Cr | Investors: Smartlink Holdings Limited |
| Oct 2016 | Rights issue | ₹5.9 Cr | Investors: Smartlink Holdings Limited |
Full deal history
All 3 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.
Legal Cases of Digisol Systems Limited
Digisol Systems Limited has 12 court cases on record: 10 filed by Digisol Systems, 2 filed against it. 1 case is pending and 11 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Original application | Filed by the company against Netlife Technologies Private Limited | Pending |
| District court, South Goa, Goa | Original application | Filed by the company against Infinity Trading Solutions Private Limited | Disposed |
| District court, North Goa, Goa | Original application | Filed by the company against Kabir Infosolution India Private Limited | Disposed |
| District court, North Goa, Goa | Court case (CRIA) | Filed against the company by an individual | Disposed |
| District court, North Goa, Goa | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Digisol Systems Limited
Digisol Systems Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 157 overdue payments to 4 micro and small suppliers totalling ₹23.25 Cr. 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.
Returns by period
| Period ending | Returns | Overdue payments | Amount reported |
|---|---|---|---|
| 31 Mar 2024 | 1 | 3 | ₹1.94 Cr |
| 30 Sep 2023 | 2 | 32 | ₹16.09 Cr |
| 31 Mar 2023 | 2 | 2 | ₹60,605 |
| 30 Sep 2022 | 2 | 14 | ₹1.29 Cr |
| 31 Mar 2022 | 1 | 33 | ₹1.31 Cr |
| 30 Sep 2021 | 1 | 26 | ₹1.07 Cr |
Latest dues on record (4 of 157)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Synegra Ems Limited | ₹1.04 Cr | 15 Oct 2023 | 26 Apr 2024 |
| an individual supplier | ₹30,302 | 28 Nov 2022 | 29 Apr 2023 |
| Telesmart SCS Limited | ₹23,125 | 12 Sep 2022 | 10 Nov 2022 |
| Just Connect Electricals Private Limited | ₹1.31 Lakh | 26 Apr 2021 | 29 Oct 2021 |
Reason given by the company: Delay in payment due to paucity of fund because of slow realization from customers
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts are as reported by Digisol Systems in its own returns.
Associated Brands with Digisol Systems Limited
Digisol Systems operates two associated brands: Digisol and Smartlink Holdings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Structured cabling, FTTH, switching, and wireless solutions are manufactured. | digisol.com | |
| Network infrastructure services are provided to clients in India. | smartlinkholdings.com |
Employees and EPFO Compliance at Digisol Systems Limited
Digisol Systems Limited has a workforce of 132 employees as of Apr 06, 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.
News related to Digisol Systems Limited
Recent Activity on Digisol Systems Limited
Digisol Systems Limited has 14 board changes on record since 2016: 4 appointments and 10 cessations. The latest: Chandrashekhar Maruti Gaonkar was appointed as Director on 01 Sep 2025.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Digisol Systems 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.
Subsidiaries & Group Companies of Digisol Systems 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 Digisol Systems Limited
Digisol Systems has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAFCD8033N1ZN | Goa | Active | 01 Jul 2017 |
| 30AAFCD8033N2ZM | Goa | Active | 06 Jan 2025 |
| 27AAFCD8033N2Z9 | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCD8033N1Z6 | Karnataka | Active | 01 Jul 2017 |
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 Digisol Systems 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 Digisol Systems Limited
Digisol Systems is an active public limited company based in Verna Salcette, Goa, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 August 2016 (10+ years old) and is registered under CIN U31909GA2016PLC012970.
Digisol Systems reported revenue of ₹194.18 Cr for FY 2025 (up 8% YoY).
Digisol Systems has 4 current directors:
- Kamalaksha Rama Naik - Whole-Time Director
- Arati Kamalaksha Naik - Director
- Chandrashekhar Maruti Gaonkar - Director
- Satish Vishnu Godbole - Director
Digisol Systems reported a net profit of ₹4.6 Cr (net margin 2.4%) and EBITDA of ₹9.23 Cr (EBITDA margin 4.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Digisol Systems is 43% over three years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Digisol Systems is 30AAFCD8033N1ZN, registered in Goa. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 30AAFCD8033N2ZM (Goa), 27AAFCD8033N2Z9 (Maharashtra), 29AAFCD8033N1Z6 (Karnataka).
The CIN (Corporate Identification Number) of Digisol Systems is U31909GA2016PLC012970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digisol Systems has 12 court cases on record: 10 filed by the company and 2 filed against it. 1 is pending.
Digisol Systems was incorporated on 17 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Goa.
Digisol Systems has 3 deals on record (1 convertible or debt financing, 1 rights issue, 1 debt financing), with disclosed funding of ₹40 Cr; the latest was in March 2017.
The peers of Digisol Systems by revenue are Machem India Private Limited, Frontline Exports Pvt Ltd, RMG Ispat Private Limited, Swastik Tradevision Private Limited, Western Coffee Curers & Exports Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Chandrashekhar Maruti Gaonkar was appointed as Director on 01 Sep 2025. Satish Vishnu Godbole ceased to be Additional Director on 09 Aug 2024. Satish Vishnu Godbole was appointed as Director on 01 May 2024. Digisol Systems has 14 board changes on record in total.