Promoter holding
64.27%
KD
Karvy Digikonnect Limited - Due diligence report
A 360° intelligence report on Karvy Digikonnect: trust score, financial health, credit view, compliance, directors, growth and distress sign…
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Karvy Digikonnect — 360° Intelligence Report
Generated from MCA filings & public records51/100
Trust Score
Moderate
Karvy Digikonnect is assessed as Moderate with a Trust Score of 51/100. Karvy Digikonnect is an active public limited indian non-government company incorporated in 1992, operating in the Business Outsourcing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.
Report generated on 12 Jul 2026 from the latest processed filings. Karvy Digikonnect Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
51/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
17/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Elevated gearing (D/E 1.42).
- Profitable - internal accruals available.
- Externally credit-rated (B+).
Charges position: 4 open (29.31 cr) · 5 satisfied (46.42 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| The Hongkong And Shanghai Banking Corporation Limited | 3 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| Others | 4 | 48.0 cr |
| Icici Bank Limited | 1 | 48.0 cr |
Compliance Score: 17/100 Caution Indicated
- Company status is Active as per MCA.
- Last balance sheet is for Mar 2020 - filings overdue.
- Flagged by authority: EPFO.
- Litigation present in 4 court forum(s).
- Delayed payments to MSME suppliers disclosed (185 disclosure(s)).
Legal cases on record (4)
05
Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MAHESH VIJAYAGOPAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SRINIVAS PENMETSA VARMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SRIDHAR GUDIMELLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- SRINIVAS PENMETSA VARMA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2020)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2020 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Karvy Data Management Services Limited
Subsidiaries
1
Group entities
1
Capital events
4 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Digicall Global Private Limited | Subsidiary Company | 74.00% |
| Karvy Data Management Services Limited | Holding Company | 74.00% |
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 90 · Distress 55
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 33+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Outside liabilities up 38% in a year.
Statutory filings appear overdue.
Compliance score is weak (17/100).
4 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 2.90 cr.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence39/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment42/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 29.31 cr already registered.
- Compliance gaps should be priced into terms.
Investor view70/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events01 Jun 2022
Director ceased
MURALI KRISHNA CHAKKA
28 Mar 2022
Director appointed
SRIDHAR GUDIMELLA (Additional Director)
06 Apr 2021
Director ceased
SUNIL MUNDIYATH DEVDAS
02 Apr 2021
Director appointed
SRINIVAS PENMETSA VARMA (Additional Director)
Director ceased
SANJAY GUPTA
30 Dec 2020
Last AGM held
Annual general meeting
24 Aug 2020
Director ceased
BHARAT BHUSHAN CHUGH
31 Mar 2020
Latest balance sheet
Filed with ROC
09 Sep 2019
Director ceased
ADHIRAJ PARTHASARATHY
13 Mar 2019
Director ceased
ASHWINI BERI
24 Jan 2019
Director ceased
ABHISHEK KUMAR DARAK
17 Jan 2019
Charge satisfied
Icici Bank Limited
20 Dec 2018
Charge created
Others - 1.53 cr
07 Apr 2018
Director ceased
PANDAIAH KAKKIRENI
13 Nov 2017
Charge satisfied
Others
10
Key Observations
Auto-generated from the data aboveRevenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); review board churn before relying on management continuity.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of B+ from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
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| Brennus Projects Private Limited | U92413DL2006PTC154988 | New Delhi, Delhi, India |
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| Sri Suguna Machine Works Private Limited | U02911TZ1985PTC001594 | Tamilnadu, Tamil Nadu, India |
| Sincere Infrastructure Private Limited | U45201RJ2006PTC022893 | Jaipur, Rajasthan, India |
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| Datamark Bpo Service Private Limited | U72300MH2006PTC298204 | Thane, Maharashtra, India |
| Bridge Connect | U80301MH2007PTC174600 | Thane, Maharashtra, India |
| Cns Comnet | U72000HR2005PTC065222 | Gurugram, Haryana, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Karvy Digikonnect before audits and certifications: compliance score 17/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Karvy Digikonnect: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Karvy Digikonnect - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 51/100, distress signals and MSME payment-delay disclosures - know whether Karvy Digikonnect pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Karvy Digikonnect - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Karvy Digikonnect an active company?
Karvy Digikonnect has MCA status “Active” with a compliance score of 17/100 (Caution Indicated).
Is Karvy Digikonnect financially healthy?
Karvy Digikonnect has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.
Should I do business with Karvy Digikonnect?
Its overall Trust Score is 51/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Karvy Digikonnect?
The ultimate holding entity is Karvy Data Management Services Limited. 3 active director(s) are on record.
Does Karvy Digikonnect have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 5 earlier charge(s) stand satisfied.
Is Karvy Digikonnect up to date with its ROC filings?
Last balance sheet is for Mar 2020 - filings overdue. Overall compliance score: 17/100 (Caution Indicated).
Is it risky to lend to Karvy Digikonnect?
Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
