Compuage Infocom Limited (COMPINFO)
₹1.01 +1.00% last close, 16 Oct
Latest quarterly results (Q4 FY23)
In its latest reported quarter, Q4 FY23, Compuage Infocom's revenue was ₹389 Cr (-69.8% year on year, -66.7% on the previous quarter), and net profit ₹-137 Cr (against a profit a year earlier); the operating margin was -35.2%.
| Q4 FY23 (₹ Cr) | Value | YoY vs Q4 FY22 | QoQ |
|---|---|---|---|
| Revenue | ₹389 | -69.8% | -66.7% |
| Operating profit | ₹-137 | to loss | to loss |
| Net profit | ₹-137 | to loss | to loss |
| EPS (₹) | -16.02 | to loss | to loss |
| Operating margin | -35.2% | — | — |
COMPINFO exchange data
NSE end-of-day data for
It closed at its upper price band (circuit) on 16 Oct, one of 12 band closes in about the last 20 sessions.
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Compuage Infocom Limited submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The confirmation was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's Registrar and Share Transfer Agent, on October 6, 2026. The filing notes that the company remains under the Corporate Insolvency Resolution Process (CIRP) pursuant to an NCLT order dated April 29, 2024. Affairs and operations continue to be managed by Resolution Professional Gajesh Labhchand Jain.
- Regulation 74(5) compliance certificate submitted for the quarter ended September 30, 2026
- Confirmation certificate received from RTA MUFG Intime India Private Limited dated October 6, 2026
- Company continues under Corporate Insolvency Resolution Process per NCLT order dated April 29, 2024
- Resolution Professional Gajesh Labhchand Jain's AFA is valid until December 31, 2026
Compuage Infocom Limited announced the results of its 28th Committee of Creditors (CoC) meeting held on September 22, 2026, with e-voting concluding on October 7, 2026. The CoC approved a settlement proposal with M/s Global Networks for ₹6,33,01,648 pursuant to an NCLT Mumbai order dated September 3, 2026. Additionally, the CoC approved engaging a property broker for re-letting a residential flat. The company remains under the Corporate Insolvency Resolution Process (CIRP) with a negative net worth of ₹-288 Cr and debt of ₹656 Cr.
- CoC approved settlement proposal of M/s Global Networks for ₹6,33,01,648 in full and final settlement.
- Settlement is pursuant to the order dated 03.09.2026 passed by Hon’ble NCLT, Mumbai.
- CoC approved engagement of a property broker for re-letting Flat No. A-502, Raheja Ridgewood.
- E-voting for the 28th CoC meeting concluded at 6:00 PM IST on October 7, 2026.
Compuage Infocom Limited has announced that the 28th meeting of its Committee of Creditors (CoC) is scheduled for Tuesday, September 22, 2026 (listed as 20nd September in the document body) at 04:00 PM. The company is currently under the Corporate Insolvency Resolution Process (CIRP), with operations managed by Resolution Professional Gajesh Labhchand Jain. The company remains severely distressed, with FY23 net loss at ₹115 Cr, negative net worth of ₹-288 Cr, and total debt of ₹656 Cr against a market capitalization of just ₹9 Cr.
- 28th meeting of the Committee of Creditors (CoC) scheduled for 22nd September, 2026 at 04:00 PM
- Company continues under CIRP managed by Resolution Professional Gajesh Labhchand Jain (NCLT order dated 29.04.2024)
- Significant financial distress context: ₹656 Cr debt and ₹-288 Cr negative net worth vs ₹9 Cr market cap
Compuage Infocom announced the results of e-voting concluded on August 25, 2026, for its 27th Committee of Creditors (CoC) meeting. The CoC approved key operational resolutions including a debtor settlement proposed by M/s Appnet Technologies LLP, warehouse insurance renewal at Bhiwandi, and publication of the FY 2025-26 AGM notice. However, creditors rejected the proposal to file an application before NCLT for distributing funds lying in the CIRP and Indian Bank accounts. The company continues to undergo Corporate Insolvency Resolution Process (CIRP) with deep negative net worth of ₹-288 Cr and debt of ₹656 Cr.
- 27th CoC meeting was held on August 12, 2026, with e-voting concluding on August 25, 2026 at 6:00 PM IST
- Approved debtor settlement proposed by M/s Appnet Technologies LLP via e-voting
- Rejected filing of application before Hon'ble NCLT for distribution of funds in CIRP and Indian Bank accounts
- Approved renewal of insurance for goods lying in Bhiwandi Warehouse and AGM notice publication for FY 2025-26
Compuage Infocom, currently under the Corporate Insolvency Resolution Process (CIRP), has scheduled its 27th Committee of Creditors (CoC) meeting for August 12, 2026. The company is in severe financial distress with a negative net worth of ₹288 Cr and total debt of ₹656 Cr, which is significantly higher than its current market capitalization of ₹9 Cr. The CIRP has been ongoing since November 2023, and this meeting is a procedural step in determining the company's future, either through a resolution plan or liquidation.
- 27th meeting of the Committee of Creditors (CoC) scheduled for August 12, 2026
- Company is managing a debt of ₹656 Cr against a market cap of only ₹9 Cr
- Net worth remains deeply negative at ₹-288 Cr as per latest financial data
- Resolution Professional Gajesh Labhchand Jain's AFA is valid until December 31, 2026
Compuage Infocom Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (DP) Regulations for the period ended June 30, 2026. The document confirms that the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has processed share certificates for dematerialization. Notably, the company remains under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated April 29, 2024. The business and assets continue to be managed by the Resolution Professional, Gajesh Labhchand Jain.
- Quarterly compliance for the period ended June 30, 2026, has been completed.
- Company is currently under Corporate Insolvency Resolution Process (CIRP) per NCLT order dated April 29, 2024.
- Resolution Professional's Authorization for Assignment (AFA) is valid until December 31, 2026.
- The Registrar and Share Transfer Agent (RTA) has been rebranded as MUFG Intime India Private Limited.
Compuage Infocom, currently under Corporate Insolvency Resolution Process (CIRP), announced the outcomes of its 26th Committee of Creditors (CoC) meeting. While the CoC approved settlements with three debtors (Infiniti Power, Alphatech Systems, and Educare Technologies), it rejected the proposal to distribute funds currently held in CIRP and Indian Bank accounts. The company remains in a precarious financial state with a negative net worth of Rs -288 Cr and total debt of Rs 656 Cr. Additionally, the CoC ratified the payment of annual listing fees for FY 2026-27 to maintain its status on the BSE and NSE.
- 26th CoC meeting e-voting concluded on July 7, 2026, following the meeting on June 24, 2026.
- Proposal to file an application with NCLT for distribution of funds in CIRP accounts was rejected due to lack of requisite votes.
- Settlements with three debtors—M/s Infiniti Power Private Limited, M/s Alphatech Systems, and M/s Educare Technologies—were approved.
- Annual listing fees for FY 2026-2027 for both BSE and NSE were ratified for payment.
- Company continues to operate under a Resolution Professional with a significantly reduced staff of only 5 employees.
Compuage Infocom Limited has scheduled its 26th Committee of Creditors (COC) meeting for June 24, 2026, at 3:00 PM. The company remains under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated April 29, 2024. The affairs and assets of the company are currently being managed by the Resolution Professional, Gajesh Labhchand Jain. This meeting is a critical step in the ongoing insolvency proceedings to determine the future of the company's debt resolution.
- 26th meeting of the Committee of Creditors (COC) scheduled for June 24, 2026.
- Company has been under CIRP since the Hon’ble NCLT order dated April 29, 2024.
- Resolution Professional Gajesh Labhchand Jain is currently managing all business and assets.
- The meeting is conducted in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015.
Compuage Infocom Limited has announced that the 25th meeting of its Committee of Creditors (COC) will be held on May 14, 2026. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) as per the NCLT order dated April 29, 2024. The affairs, business, and assets of the company are presently being managed by the Resolution Professional, Mr. Gajesh Labhchand Jain. This meeting is part of the ongoing legal process to resolve the company's outstanding debts and determine its future viability.
- 25th meeting of the Committee of Creditors (COC) scheduled for May 14, 2026, at 4:00 PM.
- Company is under Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated April 29, 2024.
- Resolution Professional Gajesh Labhchand Jain is currently managing all company affairs and assets.
- Disclosure made in compliance with Regulation 30 and Schedule III of SEBI (LODR) Regulations.
Compuage Infocom Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has announced the results of its 24th Committee of Creditors (COC) meeting. The COC approved settlements with six different debtors, including Conventus Technologies and APS Tech Systems, which is a critical step in recovering outstanding dues. Legal appointments for representation in the High Court and Sessions Court were also cleared, alongside a firm to handle tax appeals for AY 2024-25. However, a proposal to shift the company's registered office was rejected by the creditors.
- Approved settlements with 6 debtors including Conventus Technologies, Nigama Computech, and APS Tech Systems.
- Legal counsel appointments for High Court and Sessions Court representation were successfully passed.
- Appointment of R.I Jain & Co. for handling CIT Appeal for Assessment Year 2024-25 was approved.
- Proposal to shift the registered office within local limits was rejected by the COC e-voting process.
Compuage Infocom Limited has submitted its quarterly compliance certificate for the period ended March 31, 2026, as per SEBI (Depositories and Participants) Regulations. The certificate, issued by Registrar and Share Transfer Agent MUFG Intime India, confirms that all dematerialization requests were processed and listed on exchanges within prescribed timelines. The company remains under the Corporate Insolvency Resolution Process (CIRP), with its affairs managed by Resolution Professional Gajesh Labhchand Jain. No rematerialization requests were received during this quarter.
- Compliance certificate for the quarter ended March 31, 2026, submitted under Regulation 74(5) of SEBI.
- RTA MUFG Intime India confirmed zero rematerialization requests were received during the period.
- Company continues to be under Corporate Insolvency Resolution Process (CIRP) since the NCLT order on April 29, 2024.
- Resolution Professional Gajesh Labhchand Jain remains in charge of the company's business and assets.
Compuage Infocom Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), held its adjourned 26th Annual General Meeting on March 24, 2026. Shareholders approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, with a 99.95% majority. Additionally, the appointment of M/s. Dhruti Satia & Co. as Secretarial Auditor for a five-year term was ratified. These approvals fulfill statutory compliance requirements while the company remains under the management of a Resolution Professional.
- Adoption of FY25 Audited Financial Statements approved with 5,495,481 votes in favor (99.95%).
- Appointment of M/s. Dhruti Satia & Co. as Secretarial Auditor for 5 consecutive years confirmed.
- The meeting was an adjourned session from March 17, 2026, which originally failed to meet the required quorum.
- A total of 5,498,386 votes were polled across 33,266 shareholders on record.
- Company continues to operate under CIRP with affairs managed by Resolution Professional Gajesh Labhchand Jain.
Compuage Infocom Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), conducted its adjourned 26th Annual General Meeting on March 24, 2026. The meeting was chaired by the Resolution Professional as the powers of the Board of Directors remain suspended under IBC laws. Shareholders considered the adoption of the Audited Standalone and Consolidated Financial Statements for the fiscal year ended March 31, 2025. The meeting proceeded with a limited quorum of 7 members, including promoters and suspended directors, following an initial adjournment on March 17, 2026.
- The 26th AGM was successfully held on March 24, 2026, after being adjourned from March 17 due to lack of quorum.
- A quorum of 7 members was established for the adjourned meeting in accordance with Section 103(3) of the Companies Act, 2013.
- The primary agenda included the adoption of Audited Financial Statements for FY 2024-25 and the appointment of Secretarial Auditors for 5 years.
- The company continues to be managed by Resolution Professional Gajesh Labhchand Jain following the NCLT order dated April 29, 2024.
- Voting results from the remote e-voting and AGM portal are expected to be released within two working days.
Compuage Infocom, currently undergoing the Corporate Insolvency Resolution Process (CIRP), held its adjourned 26th Annual General Meeting on March 24, 2026. The meeting, chaired by Resolution Professional Gajesh Labhchand Jain, focused on adopting the audited financial statements for the fiscal year ending March 31, 2025. A key proposal included the appointment of M/s. Dhruti Satia & Co. as Secretarial Auditors for a five-year period. The meeting was attended by only 7 members, including suspended directors, highlighting the company's distressed state and limited shareholder participation.
- AGM successfully held on March 24, 2026, after being adjourned from March 17 due to lack of quorum.
- Adoption of Standalone and Consolidated Financial Statements for FY 2024-25 was the primary ordinary business.
- Proposed appointment of M/s. Dhruti Satia & Co. as Secretarial Auditors for a 5-year consecutive term.
- The company remains under CIRP with all board powers delegated to the Resolution Professional as per NCLT order dated April 29, 2024.
Compuage Infocom Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has scheduled its 24th Committee of Creditors (COC) meeting for March 25, 2026. The company has been under the management of Resolution Professional Gajesh Labhchand Jain since the NCLT order dated April 29, 2024. This meeting is a critical step in the ongoing insolvency proceedings to determine the company's future and debt resolution. Investors should be aware that the company's operations and assets are currently controlled by the RP under the Insolvency and Bankruptcy Code.
- 24th meeting of the Committee of Creditors (COC) is scheduled for March 25, 2026, at 03:00 P.M.
- The company is under Corporate Insolvency Resolution Process (CIRP) as per NCLT order dated April 29, 2024.
- Resolution Professional Gajesh Labhchand Jain is currently managing all affairs, business, and assets of the company.
- The disclosure is made under Regulation 30 of SEBI (LODR) Regulations, 2015.
Financial Performance
Revenue Growth by Segment
Revenue from operations grew 15% YoY to INR 3,350.5 Cr in 9MFY23, driven by the IT Consumer, IT Enterprise, and Mobility segments. However, by the quarter ended September 30, 2025, revenue significantly declined to INR 593.18 Cr (reported as 59,318.50 Lakhs) due to operational disruptions from the insolvency process.
Geographic Revenue Split
The company operates across India with a presence in 600+ cities as of FY22, with a medium-term strategic goal to expand this footprint to 1,000+ cities to capture underserved Tier II and Tier III markets.
Profitability Margins
Gross Profit Margin remained stable at 4.7% in 9MFY23 compared to 4.7% in 9MFY22. Net Profit Margin was thin at 0.7% for 9MFY23, reflecting the high-volume, low-margin nature of IT distribution.
EBITDA Margin
EBITDA Margin was 2.7% for 9MFY23, a slight improvement from 2.7% in 9MFY22. Absolute EBITDA grew 17% YoY to INR 91.6 Cr during the same period.
Capital Expenditure
Not explicitly disclosed in available documents, though the company focused on 'Version 2.0' strategic shifts rather than heavy industrial capex.
Credit Rating & Borrowing
Total borrowings stood at INR 498.4 Cr as of September 2022 (INR 41.5 Cr non-current and INR 456.9 Cr current). Finance costs rose 7% YoY to INR 57.7 Cr in 9MFY23, indicating high leverage and an implied interest rate of approximately 15-16%.
Operational Drivers
Raw Materials
IT Hardware (Laptops/Desktops), Enterprise Software, Mobility Products (Smartphones), and Cloud/Cybersecurity solutions, which collectively represent approximately 95.5% of total revenue (Cost of Goods Sold).
Import Sources
Sourced from Global Brands; while specific countries are not listed, the portfolio includes 'Multi Global Brands' typically headquartered in the USA, China, and Taiwan.
Key Suppliers
The company acts as a distributor for 'Multi Global Brands' in the IT and Mobility sectors, though specific brand names like HP or Dell are not explicitly listed in the provided text.
Capacity Expansion
Distribution capacity was 12,000+ channel partners in 600+ cities as of FY22, with a target to expand to 20,000+ partners and 1,000+ cities.
Raw Material Costs
Cost of Goods Sold was INR 3,197.1 Cr in 9MFY23, representing 95.4% of total income, highlighting the company's sensitivity to procurement pricing and vendor terms.
Manufacturing Efficiency
Not applicable as the company is a distribution intermediary; efficiency is measured by partner penetration and city reach.
Logistics & Distribution
Other expenses (including logistics) were INR 41.1 Cr in 9MFY23, representing approximately 1.2% of total revenue.
Strategic Growth
Expected Growth Rate
18%
Growth Strategy
The 'Version 2.0' strategy aimed to achieve a US$1 billion revenue target by shifting from a sole IT Consumer distributor to a multi-brand IT Enterprise and Mobility distributor, focusing on EBITDA-accretive products and expanding the partner network by 66% to 20,000 partners.
Products & Services
IT Consumer products, IT Enterprise solutions, Mobility products, Cloud computing services, Cybersecurity software, and Physical Safety/Security hardware.
Brand Portfolio
The company manages a portfolio of 'Multi Global Brands' across IT and Mobility sectors.
New Products/Services
Expansion into Cloud and Cybersecurity was expected to drive higher margins, though specific revenue contribution percentages for new launches were not finalized before the insolvency.
Market Expansion
Targeting penetration into 1,000+ cities, specifically focusing on Tier II and Tier III underserved geographies.
Strategic Alliances
Maintains alliances with 12,000+ channel partners who serve as the link to end customers.
External Factors
Industry Trends
The industry is shifting from pure hardware distribution to integrated 'Hardware + Services' models, including Cloud and Enterprise solutions, where Compuage was attempting to position itself.
Competitive Landscape
Operates in a highly competitive IT distribution market with low barriers to entry for large-scale players but high working capital requirements.
Competitive Moat
The primary moat was a massive distribution network of 12,000+ partners across 600 cities; however, this moat is currently compromised by the insolvency process and lack of vendor support.
Macro Economic Sensitivity
Highly sensitive to corporate IT spending and consumer electronics demand, which are influenced by GDP growth and interest rate cycles.
Consumer Behavior
Increasing demand for mobility and cloud-based enterprise solutions over traditional desktop hardware.
Geopolitical Risks
Supply chain disruptions in global IT hardware manufacturing hubs could adversely affect product availability and margins.
Regulatory & Governance
Industry Regulations
Subject to the Insolvency and Bankruptcy Code (IBC) 2016 since November 2, 2023. The company failed to comply with SEBI LODR regulations, including filing FY24 financials and Corporate Governance reports.
Taxation Policy Impact
Effective tax rate was approximately 27% based on 9MFY23 figures (INR 8.5 Cr tax on INR 31.6 Cr PBT).
Legal Contingencies
The company is under Corporate Insolvency Resolution Process (CIRP) managed by Resolution Professional Mr. Gajesh Labhchand Jain. Auditors issued a 'Disclaimer of Opinion' for FY24 due to insufficient audit evidence and missing financial records.
Risk Analysis
Key Uncertainties
The primary uncertainty is the 'Material Uncertainty related to Going Concern' due to the ongoing CIRP, suspended board of directors, and severe liquidity crunch.
Geographic Concentration Risk
Concentrated in the Indian market, though diversified across 600+ cities.
Third Party Dependencies
Critical dependency on global IT vendors for product supply and financial lenders for working capital; lack of support from these parties led to the current insolvency.
Technology Obsolescence Risk
High risk of inventory obsolescence if IT products are not moved quickly, given the rapid pace of technological change in consumer electronics.
Credit & Counterparty Risk
The company faces risks from its 12,000+ channel partners' ability to pay, especially during the liquidity crisis which disrupted the normal credit cycle.
