About Double Negative India Private Limited
Data last updated:
Double Negative India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Dneg Creative Services Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the film and digital content production segment of the media and publishing sector. It was incorporated on 02 June 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC183047. Its GSTIN is 27AAECR1494C1ZH (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Reliable Laptops Private Limited. It was led by directors including Vikas Surenderkumar Rathee and Dinesh Devkishen Manik.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at H Main Frame IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹213.58 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹5 Cr (net margin 2.3%) and EBITDA of ₹33.37 Cr (EBITDA margin 15.6%).
The company had about 1,011 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is dneg.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2nd Floor Building – H Main Frame IT Park Royal Palms Near Aarey Colony Goregaon, (East), Mumbai, Maharashtra, India – 400065
- IndustryMedia and Publishing, Film & Digital Content Production
- 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 Double Negative India Private Limited
The main business activity of Double Negative India is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing 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 Double Negative India Private Limited FY 2019 filings available
Double Negative India Private Limited reported revenue of ₹213.58 Cr (up 61% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Double Negative India Private Limited
Revenue rose 61% in the latest year. EBITDA rose 96% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Double Negative India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹213.58 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5 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 Double Negative India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Double Negative India 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 Double Negative India Private Limited
Double Negative India Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Film and Content Production). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B4u Broadband (India) Private Limited | ₹250.98 Cr (FY 2023) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Rbep Entertainment Private Limited | ₹238.64 Cr (FY 2023) | •••• | •••• | 980.0% | •••• | Mumbai, Maharashtra, India |
| Lakshya Digital Private Limited | ₹228.35 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Divo TV Private Limited | ₹225 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Chennai, Tamil Nadu, India |
| Salman Khan Ventures Private Limited | ₹224.26 Cr (FY 2024) | •••• | •••• | 2392.0% | •••• | Mumbai, Maharashtra, India |
| Double Negative India Private Limited this company | ₹213.58 Cr (FY 2019) | •••• | •••• | 61.0% | •••• | Mumbai, Maharashtra, India |
| Moving Pixels Private Limited | ₹202.71 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Eros International Media Limited Listed | ₹189.41 Cr (FY 2024) | •••• | •••• | -75.0% | •••• | Mumbai, Maharashtra, India |
| Abundantia Entertainment Private Limited | ₹187.34 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Mumbai, Maharashtra, India |
| Red Giant Movies Private Limited | ₹186.5 Cr (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Rajshri Productions Pvt Ltd | ₹185.89 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Double Negative India by revenue in the Media and Publishing industry (Film and Content Production), 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 Double Negative India Private Limited
Double Negative India Private Limited is audited by V SHIVKUMAR & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V SHIVKUMAR & 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 Double Negative India Private Limited
Double Negative India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Surenderkumar Rathee | Director | 16 Feb 2016 | 10 Years 7 Months | As last reported |
| Dinesh Devkishen Manik | Director | 27 May 2019 | 7 Years 4 Months | As last reported |
| Merzin Darayus Tavaria Also directs: Enigma Creative Services LLP, Dneg India Media Services Limited | Director | 16 Feb 2016 | 10 Years 7 Months | As last reported |
Ownership and Shareholding of Double Negative India 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 Double Negative India Private Limited
Double Negative India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Double Negative India Private Limited
Double Negative India Private Limited has a workforce of 1,011 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.
News related to Double Negative India Private Limited
Recent Activity on Double Negative India Private Limited
Double Negative India Private Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Dinesh Devkishen Manik ceased to be Additional Director on 30 Sep 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Double Negative India 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 Double Negative India 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 Double Negative India 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 Double Negative India Private Limited
Double Negative India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR1494C1ZH | Maharashtra | 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 Double Negative India 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 Double Negative India Private Limited
Double Negative India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Double Negative India was a private limited company based in Mumbai, Maharashtra, India. The company worked in film and digital content production, within the media and publishing industry. It was incorporated on 02 June 2008 and is registered under CIN U72900MH2008PTC183047. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Double Negative India was incorporated on 02 June 2008. It is registered with the Registrar of Companies, Mumbai.
Double Negative India had 3 directors:
- Vikas Surenderkumar Rathee - Director
- Dinesh Devkishen Manik - Director
- Merzin Darayus Tavaria - Director
The CIN (Corporate Identification Number) of Double Negative India is U72900MH2008PTC183047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Double Negative India is at 2nd Floor Building – H Main Frame IT Park Royal Palms Near Aarey Colony Goregaon, East, Mumbai, Maharashtra, India – 400065.
Double Negative India can be reached through the website dneg.com. Its registered office is in Mumbai, Maharashtra, India.
Double Negative India reported revenue of ₹213.58 Cr for FY 2019 (up 61% YoY).
Double Negative India has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Double Negative India reported a net profit of ₹5 Cr (net margin 2.3%) and EBITDA of ₹33.37 Cr (EBITDA margin 15.6%) for FY 2019, as per its filed financial statements.
The GSTIN of Double Negative India is 27AAECR1494C1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.