Panache Digilife Limited

Manufacturer and distributor of ICT and IoT devices, including thin clients, POS systems, tablets, and LED TVs.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: July 06, 2024

Panache Digilife Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.50 Cr
  • Satisfied Charges ₹ 4.51 Cr
  • Revenue Growth 27.86%
  • Profit Growth -11.66%
  • Ebitda 46.65%
  • Net Worth 5.87%
  • Total Assets 19.08%

About Panache Digilife

Panache Digilife Limited (PDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 2007 and has a history of 17 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol PANACHE.

The Corporate was formerly known as Vardhaman Technology Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 13.00 Cr and a paid-up capital of Rs 12.00 Cr.

The company currently has active open charges totaling ₹40.50 Cr. The company has closed loans amounting to ₹4.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Panache Digilife Limited India are Nitesh Savla as CFO and Harshil Chheda as Company Secretary. Nikit Rambhia, Amit Rambhia, Tejaswini More, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200MH2007PLC169415

  • Company No.

    169415

  • Stock Symbol

    NSE : PANACHE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2007

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Panache Digilife Limited offer?

Panache Digilife Limited offers a wide range of products and services, including Printing Machinery & Equipment, Thermal Printer, Biometrics & Access Control Devices, Billing Machines, Computer Hardware & Peripherals, Computer Parts, Laptops, PC, Mainframes & Computers, Industrial PC, Computer Hard Disk, RAM & Pen Drives, Pen Drive.

Who are the key members and board of directors at Panache Digilife?

Executive Team (4)

Name Designation Appointment Date Status
Nikit Rambhia Country flag representing In Managing Director 30-Mar-2007 Current
Amit Rambhia Country flag representing In Managing Director 30-Mar-2007 Current
Nitesh Savla Country flag representing In CFO 25-Nov-2016 Current
Harshil Chheda Company Secretary 01-Jul-2021 Current

Board Members (4)

Name Designation Appointment Date Status
Jayesh Rambhia Country flag representing In Director 14-Feb-2023 Current
Tejaswini More Country flag representing In Director 18-Jan-2022 Current
Shailesh Gala Country flag representing In Director 29-May-2020 Current
Nitesh Savla Country flag representing In Whole-Time Director and Cfo 14-Feb-2023 Current

Financial Performance of Panache Digilife.

Panache Digilife Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.86% increase. The company also saw a substantial fall in profitability, with a 11.66% decrease in profit. The company's net worth moved up by a moderate rise of 5.87%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
27.86%
Revenue from Operations
31.10%
Total Assets
19.08%
Profit or Loss
-11.66%
Net Worth
5.87%
EBITDA
46.65%

What is the Ownership and Shareholding Structure of Panache Digilife?

In 2022, Panache Digilife had a promoter holding of 65.49% and a public holding of 34.50%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.50 Cr

Satisfied Charges

₹4.51 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 40.50 Cr

Latest Charge Details

Date Lender Amount Status
10 Nov 2021 Canara Bank ₹2.50 Cr Open
26 Jun 2020 Canara Bank ₹2.50 Cr Open
02 Aug 2019 Canara Bank ₹4.00 Cr Open
13 Jun 2012 Canara Bank ₹2.50 Cr Open
08 Apr 2008 Canara Bank ₹29.00 Cr Open

How Many Employees Work at Panache Digilife?

Unlock and access historical data on people associated with Panache Digilife, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Panache Digilife, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Panache Digilife's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Panache Digilife

Recent activity within the organization

  • Charges

    A charge registered on 29 Dec 2023 via Charge ID 100850186 with Canara Bank was fully satisfied on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 2.50 Cr with Charge ID 100850186 was registered on 29 Dec 2023.

    29 Dec 2023

  • Annual General Meeting

    Panache Digilife Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge registered on 05 Dec 2020 via Charge ID 100404781 with Hdfc Bank Limited was fully satisfied on 20 May 2023.

    20 May 2023

  • Balance Sheet

    Panache Digilife Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 29.00 Cr registered on 08 Apr 2008 with Charge ID 10110959 was modified on 03 Mar 2023.

    03 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Panache Digilife Limited was incorporated on 30 Mar 2007.

  • The authorized share capital of Panache Digilife Limited is ₹ 13.00 Cr and paid-up capital is ₹ 12.00 Cr.

  • Currently 8 directors are associated with Panache Digilife Limited.

    • Nikit Devchand Rambhia
    • Amit Devchand Rambhia
    • Tejaswini Chandrashekhar More
    • Shailesh Premji Gala
    • Jayesh Khimji Rambhia
    • Nitesh Manilal Savla
    • Nitesh Manilal Savla
    • Harshil Rajesh Chheda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Panache Digilife Limited is Unit No. 201/B1 Raheja Plaza-1, L.B.S. Marg Ghatkopar West, Mumbai, Maharashtra, India, 400086.

  • The corporate identification number (CIN) of Panache Digilife Limited is L72200MH2007PLC169415 and the company number is 169415 as per Ministry of Corporate Affairs (MCA).

  • Yes, Panache Digilife Limited is registered on National Stock Exchange (NSE).

  • The Official website of Panache Digilife Limited is https://www.panachedigilife.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Panache Digilife Limited has risen by 27.86%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Panache Digilife Limited has experienced an upsurge of 5.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Panache Digilife Limited amount to ₹ 40.50 Cr.

  • The most recent Balance Sheet for Panache Digilife Limited was filed with the ROC on 31 Mar 2023.

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