About Sify Digital Services Limited
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Sify Digital Services Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Sify Technologies Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PLC136420. Its GSTIN is 33ABDCS9734N1ZS (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹400 Cr and a paid-up capital of ₹287.49 Cr. It is led by directors including Bala Saraswathi Vegesna (Whole-Time Director) and Arun Seth.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor TIDEL Park No 4 Rajiv Gandhi Salai Taramani, Chennai, Tamil Nadu, India – 600113.
As per the financials filed for FY 2025, the company reported a revenue of ₹979.75 Cr. For the same year it recorded a net loss of ₹130.92 Cr (net margin -13.4%) and EBITDA of -₹68.82 Cr (EBITDA margin -7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company has about 2,891 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Sify and Sify Technologies. As per MCA filings, the company has open charges of ₹573.5 Cr and satisfied charges of ₹126 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 2 cases are pending. The company has 3 deals on record (2 rights issues, 1 acquisition); the latest was in March 2025. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Chennai Network Infrastructure Limited with revenue of ₹1,012.09 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sifycorp.com.
Company details
Contact details
Sify Digital Services Limited's registered office is in Chennai, Tamil Nadu. Its website is sifycorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor TIDEL Park No 4 Rajiv Gandhi Salai Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sify Digital 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
Brands
Sify Digital Services operates two associated brands: Sify and Sify Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Information communication services are provided, including telecom and cloud solutions. | sifytechnologies.com | |
| ICT solutions and services including cloud, digital, data centers, networks, integration, and security. | sifycorp.com |
Business activity
The main business activity of Sify Digital Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Sify Digital Services Limited, buy the company report.
Financials of Sify Digital Services Limited
FY 2025 filings availableSify Digital Services Limited reported revenue of ₹979.75 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years. EBITDA fell 254% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹68.82 Cr | ||||
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| Net Profit (PAT) | -₹130.92 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -7% | ||||
| Net Profit Margin | -13.4% | ||||
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To see the full financial statements and ratios of Sify Digital Services Limited, buy the company report.
Board of directors and KMP of Sify Digital Services Limited
Sify Digital Services Limited currently reports 6 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Seth Also directs: Trinetra Business Advisors India LLP, Jubilant Pharmova Limited, Jubilant Ingrevia Limited and 5 more | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Kamal Nath | Director | 20 Jul 2023 | 3 Years 3 Months | Current |
| Chintaluri Venkata Rajeswara Rao | Director | 01 Nov 2024 | 1 Years 11 Months | Current |
| Ananta Koti Raju Vegesna Also directs: Sify Technologies Limited, Sify Infinit Spaces Limited, Raju Vegesna Infotech and Industries Private Limited and 1 more | Director | 28 Jan 2021 | 5 Years 8 Months | Current |
| Bala Saraswathi Vegesna Also directs: Sify Technologies Limited, Sify Infinit Spaces Limited, Raju Vegesna Infotech and Industries Private Limited and 1 more | Whole-Time Director | 28 Jan 2021 | 5 Years 8 Months | Current |
| Som Prakash Satsangi | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Sify Digital Services Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chennai Network Infrastructure Limited | ₹1,012.09 Cr (FY 2016) | 10.0% | Chennai, Tamil Nadu, India | |||
| Temenos India Private Limited | ₹1,011.23 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Roppen Transportation Services Private Limited | ₹1,002.87 Cr (FY 2025) | 44.0% | Hyderabad, Telangana, India | |||
| Vodafone Idea Telecom Infrastructure Limited | ₹994.6 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Broadcast Engineering Consultants India Limited | ₹984.76 Cr (FY 2025) | -22.0% | Uttar Pradesh, India | |||
| Sify Digital Services Limitedthis company | ₹979.75 Cr (FY 2025) | -₹130.92 Cr | -13.4% | 2,891 | Chennai, Tamil Nadu, India | |
| Athenahealth Technology Private Limited | ₹977.2 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India | |||
| Stmicroelectronics Private Limited | ₹954.61 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Morningstar India Private Limited | ₹949.48 Cr (FY 2025) | 10.0% | Navi Mumbai, Maharashtra, India | |||
| Statestreet Corporate Services Delhi Private Limited | ₹937.64 Cr (FY 2024) | 18.0% | Pune, Maharashtra, India | |||
| MSF Consulting Private Limited | ₹922.41 Cr (FY 2025) | 397.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Sify Digital Services Limited, buy the company report.
Auditor
Sify Digital Services Limited is audited by Manohar Chowdhry & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manohar Chowdhry & Associates | FY 2023 | 001997S |
Shareholding
The shareholding of Sify Digital Services Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sify Digital Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2025 | 101115549 | State Bank of India | ₹15 Cr | Open | |
| 26 May 2025 | 101100275 | Others | ₹3.5 Cr | Open | |
| 04 Jan 2022 | 100526015 | State Bank of India | ₹488 Cr | Open | |
| 19 Nov 2021 | 100510552 | Others | ₹30 Cr | Open | |
| 18 Nov 2021 | 100507395 | Others | ₹37 Cr | Open |
To see the full charge records of Sify Digital Services Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Sify Digital Services Limited has 3 deals on record (2 rights issues, 1 acquisition); the latest was in March 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹100 Cr | Investors: Sify Technologies Limited |
| Oct 2023 | Rights issue | ₹49.98 Cr | Investors: Sify Technologies Limited |
| Feb 2021 | Acquisition | ₹200 Cr | Buyer: Sify Technologies Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sify Digital Services Limited has 8 court cases on record: 8 filed by Sify Digital Services. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4602-Tenders/licenses/leases : Tenders/licenses/leases invited by the State Governments/ local bodies/ State public sector undertakings,including cancellation/award of tenders.) | Filed by the company against The State of Bihar | Disposed |
| High Court of Kerala | Appeal | Filed by the company against Railtel Corporation of India Ltd. and 1 other | Disposed |
| Madras High Court | Writ petition | Filed by the company against Joint Commissioner of GST and Central Excise | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Joint Commissioner of GST and Central Excise | Pending |
| Patna High Court | Court case (CWJC) | Filed by the company against The State of Bihar | Disposed |
To see the full case history of Sify Digital 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.
Credit ratings & regulatory alerts
Sify Digital Services Limited was last rated by Care on 08 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Mar 2023 |
To see the full credit ratings and regulatory alerts of Sify Digital Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sify Digital Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sify Digital Services Limited has a workforce of 2,891 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Sify Digital Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABDCS9734N1ZS | Tamil Nadu | Active | 24 Sep 2020 |
| 29ABDCS9734N1ZH | Karnataka | Active | 28 Jul 2023 |
| 36ABDCS9734N1ZM | Telangana | Active | 05 Aug 2023 |
To see the full GST registrations and return filing status of Sify Digital Services Limited, buy the company report.
Recent activity
Sify Digital Services Limited has 13 board changes on record since 2020: 10 appointments and 3 cessations. The latest: Som Prakash Satsangi was appointed as Director on 20 Aug 2025.
16 earlier events are in the company report.
Frequently asked questions
Sify Digital Services is an active public limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 July 2020 (6+ years old) and is registered under CIN U72900TN2020PLC136420.
Sify Digital Services has 7 current directors and KMP:
- Bala Saraswathi Vegesna - Whole-Time Director
- Arun Seth - Director
- Kamal Nath - Director
- Chintaluri Venkata Rajeswara Rao - Director
- Ananta Koti Raju Vegesna - Director
- Som Prakash Satsangi - Director
- Jmeenakshi - Company Secretary
The latest financial statements of Sify Digital Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Sify Digital Services is 33ABDCS9734N1ZS, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29ABDCS9734N1ZH (Karnataka), 36ABDCS9734N1ZM (Telangana).
The CIN (Corporate Identification Number) of Sify Digital Services is U72900TN2020PLC136420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sify Digital Services has 8 court cases on record: 8 filed by the company. 2 are pending. Most are in the high courts.
Sify Digital Services was incorporated on 16 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Sify Digital Services has 3 deals on record (2 rights issues, 1 acquisition); the latest was in March 2025.
The peers of Sify Digital Services by revenue are Chennai Network Infrastructure Limited, Temenos India Private Limited, Roppen Transportation Services Private Limited, Vodafone Idea Telecom Infrastructure Limited, Broadcast Engineering Consultants India Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Som Prakash Satsangi was appointed as Director on 20 Aug 2025. Chintaluri Venkata Rajeswara Rao was appointed as Director on 01 Nov 2024. Sankararaman Ganesh ceased to be CFO on 01 Nov 2024. Sify Digital Services has 13 board changes on record in total.
Sify Digital Services can be reached through the website sifycorp.com. Its registered office is in Chennai, Tamil Nadu, India.