About Sinarmas Digital Private Limited
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Sinarmas Digital Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Armitage Group Resources Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC130848. Its GSTIN is 29ABDCS1113R1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ritesh Sankarankutty and James Wewengkang.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor #3/1 Swami Vivekananda Road Old Madras Road Binnamangala, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.21 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹1.91 Cr (net margin -59.3%) and EBITDA of -₹1.83 Cr (EBITDA margin -56.8%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
For more details, the company can be reached via its website sinarmasdigital.in.
Company details
Contact details
Sinarmas Digital Private Limited's registered office is in Bangalore, Karnataka. Its website is sinarmasdigital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor #3/1 Swami Vivekananda Road Old Madras Road Binnamangala, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sinarmas Digital 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
Business activity
The main business activity of Sinarmas Digital 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 Sinarmas Digital Private Limited, buy the company report.
Financials of Sinarmas Digital Private Limited
FY 2024 filings availableSinarmas Digital Private Limited reported revenue of ₹3.21 Cr (down 79% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over three years, including a 79% fall in the latest year. EBITDA fell 148% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.83 Cr | ||||
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| Net Profit (PAT) | -₹1.91 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -56.8% | ||||
| Net Profit Margin | -59.3% | ||||
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To see the full financial statements and ratios of Sinarmas Digital Private Limited, buy the company report.
Board of directors of Sinarmas Digital Private Limited
Sinarmas Digital has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Sankarankutty | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| James Wewengkang | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Abbu Prasad Babu | Director | 11 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Sinarmas Digital Private 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 |
|---|---|---|---|---|---|---|
| Qservices IT Solutions Private Limited | ₹3.22 Cr (FY 2025) | 179.0% | Kharar, Punjab, India | |||
| Retail IT Sols Private Limited | ₹3.22 Cr (FY 2024) | -3.0% | Hyderabad, Telangana, India | |||
| Shine Communications Private Limited | ₹3.22 Cr (FY 2024) | 41.0% | Thiruvananthapuram, Kerala, India | |||
| Synergylabs Technology Private Limited | ₹3.22 Cr (FY 2024) | 24.0% | Gurgaon, Haryana, India | |||
| Baba Mamleshwar Infrabuild Private Limited | ₹3.22 Cr (FY 2025) | 580.0% | Varanasi, Uttar Pradesh, India | |||
| Sinarmas Digital Private Limitedthis company | ₹3.21 Cr (FY 2024) | -₹1.91 Cr | -59.3% | -79.0% | 15 | Bangalore, Karnataka, India |
| Emudhra Technologies Limited | ₹3.21 Cr (FY 2025) | -11.0% | Bengaluru, Karnataka, India | |||
| Nbase2 Systems Private Limited | ₹3.21 Cr (FY 2024) | 134.0% | Bangalore, Karnataka, India | |||
| Grey Head Media Private Limited | ₹3.21 Cr (FY 2025) | -26.0% | Gurgaon, Haryana, India | |||
| Blueally Infotech (India) Private Limited | ₹3.21 Cr (FY 2025) | -14.0% | Chennai, Tamil Nadu, India | |||
| News Virus Network Private Limited | ₹3.21 Cr (FY 2024) | 2.0% | Meerut, Uttar Pradesh, India |
To see the full peer comparison of Sinarmas Digital Private Limited, buy the company report.
Auditor
Sinarmas Digital Private Limited is audited by Shah and Jain Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah and Jain Chartered Accountants | FY 2023 | 009772S |
Shareholding
The shareholding of Sinarmas Digital 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 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sinarmas Digital Private Limited, buy the company report.
Legal cases
Sinarmas Digital Private Limited has 2 court cases on record: 2 filed by Sinarmas Digital. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Newbridge Business Centre Pvt Ltd and 3 others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Newbridge Business Centre Pvt Ltd and 3 others | Disposed |
To see the full case history of Sinarmas Digital Private 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 Sinarmas Digital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sinarmas Digital Private Limited has a workforce of 15 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Sinarmas Digital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABDCS1113R1Z0 | Karnataka | Active | 23 Mar 2020 |
To see the full GST registrations and return filing status of Sinarmas Digital Private Limited, buy the company report.
Recent activity
Sinarmas Digital Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Abbu . Prasad Babu ceased to be Additional Director on 28 Sep 2023.
Frequently asked questions
Sinarmas Digital is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 December 2019 (7+ years old) and is registered under CIN U72900KA2019FTC130848.
Sinarmas Digital has 3 current directors:
- Ritesh Sankarankutty - Director
- James Wewengkang - Director
- Abbu Prasad Babu - Director
The latest financial statements of Sinarmas Digital on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Sinarmas Digital is 29ABDCS1113R1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Sinarmas Digital is U72900KA2019FTC130848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sinarmas Digital has 2 court cases on record: 2 filed by the company. 1 is pending.
Sinarmas Digital was incorporated on 20 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sinarmas Digital by revenue are Qservices IT Solutions Private Limited, Retail IT Sols Private Limited, Shine Communications Private Limited, Synergylabs Technology Private Limited, Baba Mamleshwar Infrabuild Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Abbu . Prasad Babu ceased to be Additional Director on 28 Sep 2023. Abbu Prasad Babu was appointed as Director on 11 Jul 2023. Aneesh Kumar ceased to be Director on 31 May 2023. Sinarmas Digital has 8 board changes on record in total.
Sinarmas Digital can be reached through the website sinarmasdigital.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sinarmas Digital is at 2nd Floor #31 Swami Vivekananda Road Old Madras Road Binnamangala, Bangalore, Karnataka, India – 560038.