Wits Digital Private Limited

Wits Digital Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2017PTC320777 Incorporated 17 July 2017 ROC Delhi HQ Delhi, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2023
₹14.77 Lakh
▼ 9% YoY
Net profit · FY 2023
₹68,428
Net margin 4.6%
EBITDA · FY 2023
₹73,165
EBITDA margin 5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
3
None active

About Wits Digital Private Limited

Data last updated:

Wits Digital Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 17 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2017PTC320777. The company has 3 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kiran Adhikari and Pooja Adhikari.

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 52 – A Bank Colony, Delhi, India – 110093.

As per the financials filed for FY 2023, the company reported a revenue of ₹14.77 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹68,428 (net margin 4.6%) and EBITDA of ₹73,165 (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.

The company is associated with 1 brand: Wits Digital.

Wits Digital Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0077208). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website witsdigital.com.

Company details

CIN U72900DL2017PTC320777
Registration Number 320777
Incorporation Date 17 July 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0077208

Recognitions & Rankings of Wits Digital

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-28-0077208

Contact details

Wits Digital Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    52 – A Bank Colony, Delhi, India – 110093
  • Industry
    Information Technology, Other Computer Related Activities

To see the full contact details of Wits Digital Private Limited, buy the company report.

Comprehensive company report
Wits Digital Private Limited - one report that includes everything
  • 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
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Brands

Wits Digital operates one associated brand: Wits Digital. Each brand links to its own profile.

BrandDescriptionWebsite
Provides custom software, digital marketing, and mobile app development services.witsdigital.com

Business activity

The main business activity of Wits Digital is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Wits Digital Private Limited, buy the company report.

Financials of Wits Digital Private Limited

FY 2023 filings available

Wits Digital Private Limited reported revenue of ₹14.77 Lakh (down 9% YoY) for FY 2023.

Revenue · FY 2023
₹14.77 Lakh ▼ 9%
Net profit · FY 2023
₹68,428 margin 4.6%
EBITDA · FY 2023
₹73,165 margin 5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 29%
5 years · compounded
▲ 17%

Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 18% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹73,165
Profit Before Tax
Tax Expense
Net Profit (PAT)₹68,428
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin5%
Net Profit Margin4.6%
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 Wits Digital Private Limited, buy the company report.

Board of directors of Wits Digital Private Limited

Wits Digital has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kiran AdhikariDirector08 Jan 20188 Years 9 MonthsCurrent
Pooja AdhikariDirector17 Jul 20179 Years 3 MonthsCurrent

Peer comparison

Wits Digital Private Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Arcston Global Private Limited₹14.78 Lakh (FY 2025)-27.0%Guwahati, Assam, India
Vedfleet Management Design Consultancy Private Limited₹14.77 Lakh (FY 2017)-70.0%Chikhali, Maharashtra, India
Enjos Learn and Build Private Limited₹14.77 Lakh (FY 2025)-3.0%Delhi, India
Wits Digital Private Limitedthis company₹14.77 Lakh (FY 2023)₹68,4284.6%-9.0%Delhi, India
Rtits Private Limited₹14.76 Lakh (FY 2020)1254.0%West Godavari, Andhra Pradesh, India
Greative Solutions Private Limited₹14.75 Lakh (FY 2025)27.0%Marathahalli, Karnataka, India

To see the full peer comparison of Wits Digital Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Wits Digital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Wits Digital has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of Wits Digital Private Limited, buy the company report.

Recent activity

Wits Digital Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Jagdish Adhikari ceased to be Director on 08 Jan 2018.

AGM
Wits Digital Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Wits Digital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi I.
Ceased
Jagdish Adhikari ceased to be Director.
Appointed
Kiran Adhikari was appointed as Director.
Appointed
Pooja Adhikari was appointed as Director.
Incorporation
17 Jul 2017
Wits Digital Private Limited was registered on 17 Jul 2017 with Roc Delhi I & aged 9 years 3 months as per MCA records.

Frequently asked questions

Wits Digital is an active private limited company based in Delhi, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 17 July 2017 (9+ years old) and is registered under CIN U72900DL2017PTC320777.

Wits Digital has 2 current directors:

The latest financial statements of Wits Digital 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 2018 are in the company report.

No. Wits Digital has 3 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Wits Digital is U72900DL2017PTC320777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Wits Digital was incorporated on 17 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Wits Digital by revenue are Arcston Global Private Limited, Vedfleet Management Design Consultancy Private Limited, Enjos Learn and Build Private Limited, Rtits Private Limited, Greative Solutions Private Limited, all in the same principal business activity (other professional, scientific and technical activities).

Jagdish Adhikari ceased to be Director on 08 Jan 2018. Kiran Adhikari was appointed as Director on 08 Jan 2018. Pooja Adhikari was appointed as Director on 17 Jul 2017.

Yes, Wits Digital is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Wits Digital is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0077208).

Wits Digital can be reached through the website witsdigital.com. Its registered office is in Delhi, India.