About Digilife Distribution and Marketing Services Limited
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Digilife Distribution and Marketing Services Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Hcl Infosystems 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 IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 19 March 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2008PLC175605. The company has 29 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹60 Cr and a paid-up capital of ₹56.05 Cr. It was formerly known as Hcl Security Limited. It was led by directors including Sundararajan Mahalingam and Rita Gupta.
Its last annual general meeting (AGM) was held on 09 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 806 Siddharth 96 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2022, the company reported a revenue of ₹55.63 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹19.51 Lakh (net margin -35.1%) and EBITDA of -₹1.64 Lakh (EBITDA margin -2.9%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 70% over five years.
As per MCA filings, the company had satisfied charges of ₹35 Cr on record. Court records list 38 cases involving the company, including 35 filed by the company and 3 filed against it; 2 cases are pending. The company has 3 deals on record (2 acquisitions, 1 rights issue); the latest was in November 2016. Its 5 peer companies in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Samvriti Screen Armour Private Limited with revenue of ₹55.99 Lakh. The company has 9 MSME Form 1 returns on record between 2019 and 2022, listing 78 overdue payments to 7 micro and small suppliers.
The last known website on record is hclinfosystems.com.
Company details
Contact details
Digilife Distribution and Marketing Services Limited's registered office is in New Delhi, Delhi. Its website is hclinfosystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address806 Siddharth 96 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Digilife Distribution and Marketing Services 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
Financials of Digilife Distribution and Marketing Services Limited
FY 2022 filings availableDigilife Distribution and Marketing Services Limited reported revenue of ₹55.63 Lakh (down 96% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 96% fall in the latest year. EBITDA rose 97% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹55.63 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.51 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.9% | ||||
| Net Profit Margin | -35.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Digilife Distribution and Marketing Services Limited, buy the company report.
Board of directors and KMP of Digilife Distribution and Marketing Services Limited
Digilife Distribution and Marketing Services Limited currently reports 4 directors and 1 key managerial person. 23 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunjan Khanna | Company Secretary | 25 Jan 2016 | 10 Years 8 Months | As last reported |
| Sundararajan Mahalingam Also directs: Foundation for Promotion of Sports and Games | Director | 16 Aug 2014 | 12 Years 2 Months | As last reported |
| Rita Gupta Also directs: Universal Office Automation Limited, HCL Infosystems Limited, International Data Management Limited and 4 more | Director | 16 Aug 2014 | 12 Years 2 Months | As last reported |
| Nikhil Sinha Also directs: HCL Infosystems Limited, HCL Infotech Limited | Director | 16 Aug 2014 | 12 Years 2 Months | As last reported |
| Pawan Kumar Danwar Also directs: HCL Infosystems Limited, Guvi Geek Network Private Limited, India Chip Private Limited and 5 more | Director | 16 Aug 2014 | 12 Years 2 Months | As last reported |
Peer comparison
Digilife Distribution and Marketing Services Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Samvriti Screen Armour Private Limited | ₹55.99 Lakh (FY 2025) | -28.0% | Chennai, Tamil Nadu, India | |||
| Sandhaan Consultants Pvt Ltd | ₹55.97 Lakh (FY 2025) | -50.0% | Ahmedabad, Gujarat, India | |||
| Spear Networks Private Limited | ₹55.65 Lakh (FY 2025) | -58.0% | Kolkata, West Bengal, India | |||
| Digilife Distribution and Marketing Services Limitedthis company | ₹55.63 Lakh (FY 2022) | -₹19.51 Lakh | -35.1% | -96.0% | New Delhi, Delhi, India | |
| Paradise Technosoft Private Limited | ₹55.52 Lakh (FY 2024) | -40.0% | Uttar Pradesh, India | |||
| Futech Computers Pvt Ltd | ₹55.36 Lakh (FY 2025) | -12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Digilife Distribution and Marketing Services Limited, buy the company report.
Auditor
Digilife Distribution and Marketing Services Limited is audited by B S R & Associates LLP Chartered Accountants for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates LLP Chartered Accountants | FY 2022 | 116231W/W-100024 |
Shareholding
The shareholding of Digilife Distribution and Marketing Services Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Digilife Distribution and Marketing Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2013 | 10456310 | Yes Bank Limited | ₹35 Cr | Satisfied |
To see the full charge records of Digilife Distribution and Marketing Services Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Digilife Distribution and Marketing Services Limited has 3 deals on record (2 acquisitions, 1 rights issue); the latest was in November 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Rights issue | ₹8 Cr | Investors: HCL Infosystems Limited |
| Oct 2010 | Acquisition | ₹44 Cr | Buyer: HCL Infosystems Limited |
| Aug 2008 | Acquisition | ₹4 Cr | Buyer: HCL Infosystems Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Digilife Distribution and Marketing Services Limited has 38 court cases on record: 35 filed by Digilife Distribution and Marketing Services, 3 filed against it. 2 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 0 | 2 |
| High courts | 10 | 3 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against Sylvesa Infotech Pvt.Ltd. and Another | Pending |
| High Court of Delhi | Appeal | Filed against the company by Aargee Contracts Private Limited | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against Ms Aargee Contracts (P) Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Vtronix Infocom Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against M/S Stalco Consultancy & Systems Pvt Ltd & Anr | Disposed |
To see the full case history of Digilife Distribution and Marketing Services 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
Digilife Distribution and Marketing Services Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 78 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mynd Integrated Solutions Private Limited | |||
| Innovative Tradelink Services Private Limited | |||
| VKC & Associates | |||
| Alankit Assignments Limited | |||
| Smartpaddle Technology Private Limited |
To see the full MSME payment records of Digilife Distribution and Marketing Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Digilife Distribution and Marketing Services has 29 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Digilife Distribution and Marketing Services Limited, buy the company report.
Recent activity
Digilife Distribution and Marketing Services Limited has 23 board changes on record since 2012: 5 appointments and 18 cessations. The latest: Dilip Kumar Srivastava ceased to be Managing Director on 31 Mar 2022.
17 earlier events are in the company report.
Frequently asked questions
Digilife Distribution and Marketing Services 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.
Digilife Distribution and Marketing Services was a public limited company based in New Delhi, Delhi, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 19 March 2008 and is registered under CIN U72900DL2008PLC175605. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Digilife Distribution and Marketing Services was incorporated on 19 March 2008. It is registered with the Registrar of Companies, Delhi.
Digilife Distribution and Marketing Services had 5 directors and KMP:
- Sundararajan Mahalingam - Director
- Rita Gupta - Director
- Nikhil Sinha - Director
- Pawan Kumar Danwar - Director
- Gunjan Khanna - Company Secretary
The CIN (Corporate Identification Number) of Digilife Distribution and Marketing Services is U72900DL2008PLC175605. 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 Digilife Distribution and Marketing Services is at 806 Siddharth 96 Nehru Place, New Delhi, Delhi, India – 110019.
Digilife Distribution and Marketing Services can be reached through the website hclinfosystems.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Digilife Distribution and Marketing Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 09 September 2022. Year-wise statements from 2015 are in the company report.
No. Digilife Distribution and Marketing Services has 29 GST registrations on record and all of them are cancelled or inactive.
Digilife Distribution and Marketing Services operated in the information technology industry, in the IT products retail and distribution segment.
Digilife Distribution and Marketing Services has 3 deals on record (2 acquisitions, 1 rights issue); the latest was in November 2016.
The peers of Digilife Distribution and Marketing Services by revenue are Samvriti Screen Armour Private Limited, Sandhaan Consultants Pvt Ltd, Spear Networks Private Limited, Paradise Technosoft Private Limited, Futech Computers Pvt Ltd, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).