- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-02-0000432

About Digisol Systems Limited
Data last updated:
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.
Digisol Systems Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000432). 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.
Company details
Recognitions & Rankings of Digisol Systems
Contact details
Digisol Systems Limited's registered office is in Verna Salcette, Goa. Its website is digisol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. L – 7 Verna Industrial Estate, Verna Salcette, Goa, India – 403722
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Digisol Systems Limited, buy the company report.
- 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
Brands
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 |
Business activity
The main business activity of Digisol Systems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Digisol Systems Limited, buy the company report.
Financials of Digisol Systems Limited
FY 2025 filings availableDigisol Systems Limited reported revenue of ₹194.18 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Digisol Systems Limited, buy the company report.
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 2 Months | Current |
| Kamalaksha Rama Naik Also directs: Smartlink Holdings Limited | Whole-Time Director | 11 May 2018 | 8 Years 5 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 2 Months | Current |
| Satish Vishnu Godbole Also directs: Smartlink Holdings Limited | Director | 01 May 2024 | 2 Years 6 Months | Current |
Peer comparison
Digisol Systems Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Machem India Private Limited | ₹194.56 Cr (FY 2024) | -56.0% | Mumbai, Maharashtra, India | |||
| Frontline Exports Pvt Ltd | ₹194.55 Cr (FY 2025) | 4.0% | Aroor, Kerala, India | |||
| RMG Ispat Private Limited | ₹194.52 Cr (FY 2025) | 37.0% | Delhi, India | |||
| Swastik Tradevision Private Limited | ₹194.45 Cr (FY 2025) | 7.0% | Jaipur, Rajasthan, India | |||
| Western Coffee Curers & Exports Private Limited | ₹194.43 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India | |||
| Digisol Systems Limitedthis company | ₹194.18 Cr (FY 2025) | ₹4.6 Cr | 2.4% | 8.0% | 132 | Verna Salcette, Goa, India |
| Onest Limited | ₹194.16 Cr (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Zeta Buildtech Private Limited | ₹194.03 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Sood Medicine Traders Private Limited | ₹194.03 Cr (FY 2025) | 7.0% | Punjab, India | |||
| MRJ Chemicals Private Limited | ₹193.96 Cr (FY 2025) | 24.0% | Ahmedabad, Gujarat, India | |||
| Bhavya Iron & Steel Private Limited | ₹193.87 Cr (FY 2025) | 22.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Digisol Systems Limited, buy the company report.
Auditor
Digisol Systems Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Digisol Systems 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Digisol Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2026 | 101253260 | Others | ₹7.6 Cr | Open | |
| 28 Feb 2017 | 100089482 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 06 Feb 2024 | 100868055 | Others | ₹2.5 Cr | Satisfied | |
| 21 Oct 2020 | 100386222 | Hdfc Bank Limited | ₹74.63 Lakh | Satisfied | |
| 25 Jun 2018 | 100190454 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Digisol Systems Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
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 |
To see the full deal history of Digisol Systems Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
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.
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 Pvt Ltd. and 2 others | Pending |
| District court, South Goa, Goa | Original application | Filed by the company against Infinity Trading Solutions Pvt Ltd and 2 others | Disposed |
| District court, North Goa, Goa | Original application | Filed by the company against Kabir Infosolution India Private Limited and 2 others | Disposed |
| District court, North Goa, Goa | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, North Goa, Goa | Court case (CRIA) | Filed against the company by an individual | Disposed |
To see the full case history of Digisol Systems Limited, buy the company report.
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
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. 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Synegra Ems Limited | |||
| an individual supplier | |||
| Telesmart SCS Limited | |||
| Just Connect Electricals Private Limited |
To see the full MSME payment records of Digisol Systems Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Digisol Systems Limited has a workforce of 132 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Digisol Systems Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 4 current directors:
- Kamalaksha Rama Naik - Whole-Time Director
- Arati Kamalaksha Naik - Director
- Chandrashekhar Maruti Gaonkar - Director
- Satish Vishnu Godbole - Director
The latest financial statements of Digisol Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 August 2026. Year-wise statements from FY 2017 are in the company report.
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.
Yes, Digisol Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-02-0000432).
Digisol Systems has 13 MSME Form 1 returns on record between 2019 and 2024, listing 157 overdue payments to 4 micro and small suppliers. The latest return was filed on 26 Apr 2024.

