About Digital Circuits Private Limited
Data last updated:
Digital Circuits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 26 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2004PTC034926. Its GSTIN is 29AACCD0677P1Z3 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Subhash Chander Goyal (Whole-Time Director) and Preeti Goyal.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.11 Cr, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹29.19 Lakh (net margin 1.7%) and EBITDA of ₹1.8 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 34% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.98 Cr on record. Court records list 23 cases involving the company, including 5 filed by the company and 18 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digitalcircuits.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 60 Doddakallasandra Village Behind New Bharat Impex Kanakapura Main, Road, Bangalore, Karnataka, India – 560062
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Digital Circuits Private Limited
The main business activity of Digital Circuits is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Digital Circuits Private Limited FY 2024 filings available
Digital Circuits Private Limited reported revenue of ₹17.11 Cr (up 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Digital Circuits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 95% growth in the latest year. EBITDA rose 2% 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 Digital Circuits Private 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.19 Lakh | •••• | •••• | •••• | •••• |
| 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 Digital Circuits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 Digital Circuits 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.
Peer Comparison of Digital Circuits Private Limited
Digital Circuits Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smarterhomes Technologies Private Limited | •••• | •••• | •••• | •••• | 48 | Bangalore, Karnataka, India |
| Pixcellence Technologies Private Limited | •••• | •••• | •••• | •••• | 24 | Bengaluru, Karnataka, India |
| Accent Controls Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sunshine IT Infra Services Private Limited | •••• | •••• | •••• | •••• | 40 | Nehru Place, Delhi, India |
| Prudent Controls Private Limited | •••• | •••• | •••• | •••• | 87 | Mumbai, Maharashtra, India |
| Digital Circuits Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Tatvamasi Automation Private Limited | •••• | •••• | •••• | •••• | - | Mangrol, Gujarat, India |
| BVG Electronics (India) Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| DSK Digital Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Mas Technology System Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Tanya Paper Distributors Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Digital Circuits by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Digital Circuits Private Limited
Digital Circuits Private Limited is audited by H V SHAH for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H V SHAH | 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 Digital Circuits Private Limited
Digital Circuits 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 |
|---|---|---|---|---|
| Subhash Chander Goyal Also directs: MRG Realtors LLP, Electronic Industries Association of India | Whole-Time Director | 26 Oct 2004 | 21 Years 11 Months | Current |
| Preeti Goyal Also directs: Future Digital Techies LLP | Director | 08 Dec 2023 | 2 Years 9 Months | Current |
Ownership and Shareholding of Digital Circuits 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 Digital Circuits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2011 | State Bank of India | ₹4.25 Cr | Open |
| 30 Mar 2005 | State Bank of India | ₹2.73 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Digital Circuits Private Limited
Digital Circuits Private Limited has 23 court cases on record: 5 filed by Digital Circuits, 18 filed against it. 2 cases are pending and 21 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 17 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jhajjar, Haryana | Court case (Rsuit) | Filed against the company by Amsat Industries Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Clayworks Spaces Technologies Private Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dhani Loans and Services Limited | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Mahadushi Engineering Company Private Limited | Disposed |
| District court, Jhajjar, Haryana | Commercial suit | Filed against the company by K N Interplast Private Limited | Disposed |
Full case history
All 23 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 Digital Circuits Private Limited
Digital Circuits Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 8 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kristeel Precision LLP | •••• | •••• | •••• |
| Sairam Solder Alloys | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Indigo Labels | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 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, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Digital Circuits Private Limited
Digital Circuits Private Limited has a workforce of 10 employees as of Apr 08, 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.
Recent Activity on Digital Circuits Private Limited
Digital Circuits Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Preeti Goyal ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Digital Circuits 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.
Subsidiaries & Group Companies of Digital Circuits 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.
GST Compliance of Digital Circuits Private Limited
Digital Circuits has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCD0677P1Z3 | 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 Digital Circuits 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.
Frequently Asked Questions about Digital Circuits Private Limited
Digital Circuits is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 26 October 2004 (22+ years old) and is registered under CIN U31909KA2004PTC034926.
Digital Circuits reported revenue of ₹17.11 Cr for FY 2025 (up 95% YoY).
Digital Circuits has 2 current directors:
- Subhash Chander Goyal - Whole-Time Director
- Preeti Goyal - Director
Digital Circuits reported a net profit of ₹29.19 Lakh (net margin 1.7%) and EBITDA of ₹1.8 Cr (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Digital Circuits is 40% over three years and 34% over five years. In the latest year (FY 2025) revenue rose 95%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Digital Circuits is 29AACCD0677P1Z3, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Digital Circuits is U31909KA2004PTC034926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digital Circuits has 23 court cases on record: 5 filed by the company and 18 filed against it. 2 are pending. Most are in the district courts.
Digital Circuits was incorporated on 26 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Digital Circuits by revenue are Smarterhomes Technologies Private Limited, Pixcellence Technologies Private Limited, Accent Controls Private Limited, Sunshine IT Infra Services Private Limited, Prudent Controls Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Preeti Goyal ceased to be Additional Director on 29 Sep 2024. Preeti Goyal was appointed as Director on 08 Dec 2023. Vinod Kumari Goyal ceased to be Whole-Time Director on 08 Dec 2023. Digital Circuits has 4 board changes on record in total.
Digital Circuits has 4 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 8 micro and small suppliers. The latest return was filed on 16 Sep 2020.