Universal Digital Connect Limited
About Universal Digital Connect Limited
Data last updated:
Universal Digital Connect Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PLC192124. Its GSTIN is 05AABCU0780F1ZM (Uttarakhand). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Purushottam Dongrajkar and Vaibhav Laxman Tanksali.
Its last annual general meeting (AGM) was held on 22 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 171 – C 17th Floor Mittal Court C Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2021, the company reported a revenue of ₹118.79 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹2.14 Cr (net margin -1.8%) and EBITDA of -₹2.1 Cr (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 26% over five years.
The company has about 203 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹250 Cr on record. Court records list 25 cases involving the company, including 17 filed by the company and 8 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2016. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 3 smaller; the largest is S. S. V. Agencies Private Limited with revenue of ₹117.37 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Universal Digital Connect Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address171 – C 17th Floor Mittal Court C Wing Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Universal Digital Connect 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
Business activity
The main business activity of Universal Digital Connect is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Universal Digital Connect Limited, buy the company report.
Financials of Universal Digital Connect Limited
FY 2021 filings availableUniversal Digital Connect Limited reported revenue of ₹118.79 Cr (down 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 8% fall in the latest year. EBITDA fell 425% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹2.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.14 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -1.8% | ||||
| 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 Universal Digital Connect Limited, buy the company report.
Board of directors of Universal Digital Connect Limited
Universal Digital Connect 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 |
|---|---|---|---|---|
| Purushottam Dongrajkar Also directs: Vissanji Estates Private Limited, Videocon Developers Limited, Electroparts (India) Private Limited and 3 more | Additional Director | 09 Dec 2020 | 5 Years 11 Months | Current |
| Vaibhav Laxman Tanksali Also directs: Electroparts (India) Private Limited, Waluj Components Private Limited, Silvereagle Realty Private Limited and 2 more | Additional Director | 09 Dec 2020 | 5 Years 11 Months | Current |
| Deepak Anant Pednekar Also directs: Videocon Developers Limited, Electroparts (India) Private Limited, Quadrant Enterprises Private Limited and 3 more | Additional Director | 30 Oct 2018 | 8 Years 0 Months | Current |
| Suresh Maruti Patil Also directs: The Invex Private Limited, Akai Consumer Electronics India Limited, Videocon Realty Private Limited and 4 more | Additional Director | 30 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Universal Digital Connect Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Universal Digital Connect Limitedthis company | ₹118.79 Cr (FY 2021) | -₹2.14 Cr | -1.8% | -8.0% | 203 | Mumbai, Maharashtra, India |
| S. S. V. Agencies Private Limited | ₹117.37 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Kay Dee Communications Private Limited | ₹117.12 Cr (FY 2025) | -10.0% | Noida, Uttar Pradesh, India | |||
| Tele System Communications (India) Private Limited | ₹116.67 Cr (FY 2025) | -20.0% | Sriperumpudur, Tamil Nadu, India |
To see the full peer comparison of Universal Digital Connect Limited, buy the company report.
Auditor
Universal Digital Connect Limited is audited by S Z DESHMUKH & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Z DESHMUKH & CO | FY 2016 | 102380W |
Shareholding
The shareholding of Universal Digital Connect Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Universal Digital Connect Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2016 | 100044283 | Yes Bank Limited | ₹250 Cr | Satisfied |
To see the full charge records of Universal Digital Connect Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Universal Digital Connect Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Universal Digital Connect Limited has 25 court cases on record: 17 filed by Universal Digital Connect, 8 filed against it. 1 case is pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 8 | 1 |
| District courts | 11 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Bhayana Jai and Associates Pvt Ltd and 2 others | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Eros International Media Limited | Disposed |
| Bombay High Court | Court case (NMCA) | Filed against the company by Eros International Media Limited | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Eros International Media Limited | Disposed |
| Bombay High Court | Company petition | Filed by the company against Nahar Developers Pvt. Ltd. Cin No. U45200mh2007ptc168921 | Disposed |
To see the full case history of Universal Digital Connect 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
No delayed payments to MSME suppliers are on our record for Universal Digital Connect Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Universal Digital Connect Limited has a workforce of 203 employees on its EPFO records as of Dec 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 203 |
| FY 2017-18 |
To see the full employee and EPFO history of Universal Digital Connect Limited, buy the company report.
GST
Universal Digital Connect has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AABCU0780F1ZM | Uttarakhand | Active | 01 Jul 2017 |
| 06AABCU0780F1ZK | Haryana | Active | 01 Jul 2017 |
| 08AABCU0780F1ZG | Rajasthan | Active | 01 Jul 2017 |
| 10AABCU0780F1ZV | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Universal Digital Connect Limited, buy the company report.
Recent activity
Universal Digital Connect Limited has 15 board changes on record since 2012: 4 appointments and 11 cessations. The latest: Gorakhnath Eknath Tambe ceased to be Additional Director on 25 Sep 2023.
8 earlier events are in the company report.
Frequently asked questions
Universal Digital Connect is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 April 2009 (17+ years old) and is registered under CIN U74990MH2009PLC192124.
Universal Digital Connect has 4 current directors:
- Purushottam Dongrajkar - Additional Director
- Vaibhav Laxman Tanksali - Additional Director
- Deepak Anant Pednekar - Additional Director
- Suresh Maruti Patil - Additional Director
The latest financial statements of Universal Digital Connect on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 22 December 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Universal Digital Connect is 05AABCU0780F1ZM, registered in Uttarakhand. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 06AABCU0780F1ZK (Haryana), 08AABCU0780F1ZG (Rajasthan), 10AABCU0780F1ZV (Bihar).
The CIN (Corporate Identification Number) of Universal Digital Connect is U74990MH2009PLC192124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Universal Digital Connect has 25 court cases on record: 17 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Universal Digital Connect was incorporated on 29 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Universal Digital Connect has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
The peers of Universal Digital Connect by revenue are S. S. V. Agencies Private Limited, Kay Dee Communications Private Limited, Tele System Communications (India) Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Gorakhnath Eknath Tambe ceased to be Additional Director on 25 Sep 2023. Purushottam Dongrajkar was appointed as Additional Director on 09 Dec 2020. Sangram Prakash Sarda ceased to be Director on 09 Dec 2020. Universal Digital Connect has 15 board changes on record in total.
The registered office of Universal Digital Connect is at 171 – C 17th Floor Mittal Court C Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
