
Hifi Digital Axis Private Limited
About Hifi Digital Axis Private Limited
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Hifi Digital Axis Private Limited is a private limited company based in Darbhanga, Bihar, India, recognised as a startup by DPIIT. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 16 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U72900BR2019PTC042687. Its GSTIN is 10AAECH9803K1ZO (Bihar).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sharad Kumar Jha and Veena Hanamsagar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hemant Kumar Jha Rambagh Darbhanga (U), Bihar, India – 846001.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.89 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹32,327 (net margin -1%) and EBITDA of ₹76,342 (EBITDA margin 2.3%).
The company is associated with 1 brand: Hifi Digital Axis.
Hifi Digital Axis Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-10-0003593).
Company details
Recognitions & Rankings of Hifi Digital Axis
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-BR-10-0003593
Contact details
Hifi Digital Axis Private Limited's registered office is in Darbhanga, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHemant Kumar Jha Rambagh Darbhanga (U), Bihar, India – 846001
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Hifi Digital Axis Private 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
Hifi Digital Axis operates one associated brand: Hifi Digital Axis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive digital marketing, branding, and related services. | hifidigitalaxis.com |
Business activity
The main business activity of Hifi Digital Axis is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Hifi Digital Axis Private Limited, buy the company report.
Financials of Hifi Digital Axis Private Limited
FY 2023 filings availableHifi Digital Axis Private Limited reported revenue of ₹32.89 Lakh (up 165% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 165% in the latest year. EBITDA rose 285% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹32.89 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹76,342 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹32,327 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.3% | |||
| Net Profit Margin | -1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Hifi Digital Axis Private Limited, buy the company report.
Board of directors of Hifi Digital Axis Private Limited
Hifi Digital Axis has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Kumar Jha | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
| Veena Hanamsagar Also directs: Diziindia Private Limited, Swadesh Shakti Foundation | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Hifi Digital Axis Private Limited is audited by R K TIBREWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K TIBREWAL & CO. | FY 2023 | 028716N |
Shareholding
The shareholding of Hifi Digital Axis Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hifi Digital Axis Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hifi Digital Axis Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hifi Digital Axis Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hifi Digital Axis has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAECH9803K1ZO | Bihar | Active | 27 Jul 2020 |
To see the full GST registrations and return filing status of Hifi Digital Axis Private Limited, buy the company report.
Recent activity
Hifi Digital Axis Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Sharad Kumar Jha was appointed as Director on 16 Jul 2019.
Frequently asked questions
Hifi Digital Axis is an active private limited company based in Darbhanga, Bihar, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 16 July 2019 (7+ years old) and is registered under CIN U72900BR2019PTC042687.
Hifi Digital Axis has 2 current directors:
- Sharad Kumar Jha - Director
- Veena Hanamsagar - Director
The latest financial statements of Hifi Digital Axis on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Hifi Digital Axis is 10AAECH9803K1ZO, registered in Bihar.
The CIN (Corporate Identification Number) of Hifi Digital Axis is U72900BR2019PTC042687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hifi Digital Axis was incorporated on 16 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Patna.
Sharad Kumar Jha was appointed as Director on 16 Jul 2019. Veena Hanamsagar was appointed as Director on 16 Jul 2019.
Yes, Hifi Digital Axis is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Hifi Digital Axis is registered as a micro enterprise under Udyam registration (number: UDYAM-BR-10-0003593).
The registered office of Hifi Digital Axis is at Hemant Kumar Jha Rambagh Darbhanga U, Bihar, India – 846001.