DIGIDRIVE
Digidrive Distributors financials
- Market cap
- ₹67 Cr
- Sector
- Consumer Services
What Digidrive Distributors Limited does
Digidrive Distributors Limited, incorporated in 2022 and part of the RP-Sanjiv Goenka Group, acts as the exclusive master distributor for Saregama India Limited's Carvaan range of nostalgia-themed digital music players, sold through digital marketplaces and e-commerce platforms on a B2B basis. It runs its distribution operations on an SAP-powered ERP system with API-linked logistics integration, and offers merchant partners customisable storefront solutions such as mobile apps, digital catalogues, content management and payment-gateway integration. Through its subsidiary Open Media Network Private Limited, it also publishes OPEN, a weekly magazine covering current affairs.
Segments
- Trading business (digital marketplace & distribution)
- Publishing business
- Business segments
- 2 (Trading/digital distribution; Publishing)
- Carvaan product portfolio
- 4 models — Digital Audio Player, Music Bar, Mini, Mobile
- Subsidiaries
- 1 (Open Media Network Private Limited — publishes OPEN magazine)
- Distribution model
- B2B master distributor across digital marketplaces / e-commerce platforms
- OPEN magazine frequency
- Weekly
- Principal supplier
- Saregama India Limited (manufactures Carvaan)
Quarterly results
Q1 FY27: revenue up 7.3%, net profit down 260.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 7 | 5 | 5 | 8 +25% | 8 +4% | 7 +47% | 5 +7% |
| EBITDA | -0 | -0 | -1 | -0 | -0 −100% | -0 −41% | -0 +78% | -0 −55% |
| Net profit | 0 | -0 | 5 | -0 | 1 +329% | 6 +5727% | -0 −101% | -0 −260% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −47.3% 1Y
1Y: ₹32.56 on 10 Sept 2025 → ₹17.15. High ₹32.99 (15 Sept 2025), low ₹16.85 (30 Mar 2026).
Financials, as filed
Revenue fell 7.2% a year over 2 years, FY24 to FY26. Operating margin held at -3.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹32 Cr | ₹28 Cr | ₹28 Cr |
| Operating profit | ₹-1 Cr | ₹-1 Cr | ₹-1 Cr |
| Operating margin | -3.9% | -3.3% | -3.9% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹4 Cr | ₹5 Cr | ₹7 Cr |
| Net margin | 13.6% | 18.9% | 24.1% |
| Cash from operations | ₹7 Cr | ₹-8 Cr | ₹0 Cr |
| Free cash flow | ₹7 Cr | ₹-8 Cr | ₹0 Cr |
| ROCE | 3.7% | 2.7% | 3.1% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹39 Cr | ₹39 Cr | ₹39 Cr |
| Reserves | ₹96 Cr | ₹186 Cr | ₹248 Cr | ₹231 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Other liabilities | ₹46 Cr | ₹22 Cr | ₹37 Cr | ₹33 Cr |
| Total liabilities | ₹142 Cr | ₹247 Cr | ₹325 Cr | ₹302 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹122 Cr | ₹221 Cr | ₹302 Cr | ₹288 Cr |
| Other assets | ₹20 Cr | ₹26 Cr | ₹21 Cr | ₹14 Cr |
| Total assets | ₹142 Cr | ₹247 Cr | ₹325 Cr | ₹302 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −2.96 pp while promoters added +2.92 pp. The shareholder count shrank 11% to 34,575.
- Promoters
- 61.8%
- FIIs
- 0.0%
- Public
- 38.0%
- Others
- 0.2%
Since Jun 2025
- FIIs −2.96 pp
- Promoters +2.92 pp
- Public +0.66 pp
How it drifted, 11 quarters
Over this window FIIs fell from 17.6% to 0.0% — −17.6 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 58.8%, FIIs 17.6%, DIIs 2.2%, Public 21.1%, Others 0.2%.Mar '24: Promoters 58.8%, FIIs 5.2%, DIIs 1.1%, Public 34.6%, Others 0.2%.Jun '24: Promoters 58.8%, FIIs 3.6%, DIIs 1.3%, Public 36.0%, Others 0.2%.Sep '24: Promoters 58.8%, FIIs 3.5%, DIIs 1.3%, Public 36.2%, Others 0.2%.Dec '24: Promoters 58.8%, FIIs 3.1%, DIIs 1.2%, Public 36.6%, Others 0.2%.Mar '25: Promoters 58.8%, FIIs 3.0%, DIIs 0.6%, Public 37.3%, Others 0.2%.Jun '25: Promoters 58.8%, FIIs 3.0%, DIIs 0.6%, Public 37.3%, Others 0.2%.Sep '25: Promoters 61.8%, FIIs 0.1%, Public 38.0%, Others 0.2%.Dec '25: Promoters 61.8%, FIIs 0.0%, Public 38.0%, Others 0.2%.Mar '26: Promoters 61.8%, FIIs 0.0%, Public 38.0%, Others 0.2%.Jun '26: Promoters 61.8%, FIIs 0.0%, Public 38.0%, Others 0.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Digidrive Distributors Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Composure Services Private Limited | 54.04% | unchanged |
| Quest Capital Markets Limited | 7.71% | unchanged |
| Stel Holdings Limited | 0.00% | unchanged |
| Sarala Real Estate Limited | 0.00% | unchanged |
| Jayshree Nirman Ltd | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Digidrive Distributors Limited
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