About Asianet Satellite Communications Limited
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Asianet Satellite Communications Limited is a public limited company based in Thiruvananthapuram, Kerala, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 29 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U92132KL1992PLC006725. Its GSTIN is 32AAECA5548E1Z0 (Kerala). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹175 Cr and a paid-up capital of ₹103.69 Cr. It was formerly known as Asianet Satellite Communications Pvt Limited. It is led by directors including Murthy Sreerama Chaganti (Managing Director) and Suresh Pazhempallil Sivaraman Nair (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2A 2nd Floor Leela Infopark Technopark Kazhakuttom, Thiruvananthapuram, Kerala, India – 695581.
As per the financials filed for FY 2025, the company reported a revenue of ₹565.96 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹18.57 Cr (net margin -3.3%) and EBITDA of ₹101.45 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 725 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Asianet Web and Asianet Satellite Communications. As per MCA filings, the company has open charges of ₹722 Cr and satisfied charges of ₹1,560.57 Cr on record. Court records list 133 cases involving the company, including 94 filed by the company and 39 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asianet.co.in.
Company details
Name history
Asianet Satellite Communications has undergone 3 name changes throughout its history. The company was previously known as Asianet Satellite Communications Pvt Limited, Asianet Satellite Communications Limited, and Asianet Satellite Communications Private Limited. The current legal name is Asianet Satellite Communications Limited.
| Company Name | Status |
|---|---|
| Asianet Satellite Communications Limited | Current |
| Asianet Satellite Communications Pvt Limited | Previous |
| Asianet Satellite Communications Private Limited | Previous |
Contact details
Asianet Satellite Communications Limited's registered office is in Thiruvananthapuram, Kerala. Its website is asianet.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2A 2nd Floor Leela Infopark Technopark Kazhakuttom, Thiruvananthapuram, Kerala, India – 695581
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Asianet Satellite Communications Limited, buy the company report.
- 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
Brands
Asianet Satellite Communications operates two associated brands: Asianet Web and Asianet Satellite Communications. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web hosting, domain registration, and IT solutions services in India. | asianetweb.com | |
| MSO for cable TV distribution, content production and broadcast | asianet.co.in |
Business activity
The main business activity of Asianet Satellite Communications is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Asianet Satellite Communications Limited, buy the company report.
Financials of Asianet Satellite Communications Limited
FY 2025 filings availableAsianet Satellite Communications Limited reported revenue of ₹565.96 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 36% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹101.45 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹18.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | -3.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Asianet Satellite Communications Limited, buy the company report.
Board of directors of Asianet Satellite Communications Limited
Asianet Satellite Communications has 8 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Josephconrad Agnelo Dsouza | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Viren Rajan Raheja | Director | 21 Dec 2006 | 19 Years 10 Months | Current |
| Ankit Rajiv Somani Also directs: Santacruz Realtors LLP, Drishti Lifespaces LLP, Vidved Properties and Consultants LLP and 5 more | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Suresh Pazhempallil Sivaraman Nair Also directs: Asianet Digital Network Private Limited | Whole-Time Director | 14 Oct 2020 | 6 Years 0 Months | Current |
| Sankaranarayana Gopalan Also directs: Asianet Digital Network Private Limited, Pampa E Mobility (OPC) Private Limited, Sabfresh 18 Private Limited and 2 more | Director | 01 Feb 2021 | 5 Years 9 Months | Current |
| Praveen Sharma Also directs: Sloka Partners India Private Limited | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
Peer comparison
Asianet Satellite Communications Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Communications, Landline ISP and Broadband, Satellite Communications), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Verizon Communications India Private Limited | ₹614.03 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Asianet Satellite Communications Limitedthis company | ₹565.96 Cr (FY 2025) | -₹18.57 Cr | -3.3% | -1.0% | 725 | Thiruvananthapuram, Kerala, India |
| BT Global Communications India Private Limited | ₹484.56 Cr (FY 2025) | -6.0% | Delhi, India | |||
| GTPL Broadband Private Limited | ₹468.67 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Asianet Satellite Communications Limited, buy the company report.
Auditor
Asianet Satellite Communications Limited is audited by B S R & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates LLP | FY 2023 | 116231W/W-100024 |
Shareholding
The shareholding of Asianet Satellite Communications Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asianet Satellite Communications Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2025 | 101187764 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 11 Jun 2025 | 101111327 | Others | ₹75 Cr | Open | |
| 19 Apr 2025 | 101089131 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 08 Jan 2025 | 101040182 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 01 Jan 2025 | 101028322 | Hdfc Bank Limited | ₹25 Cr | Open |
To see the full charge records of Asianet Satellite Communications Limited, buy the company report.
Total charge records: 69 View all charges
Legal cases
Asianet Satellite Communications Limited has 133 court cases on record: 94 filed by Asianet Satellite Communications, 39 filed against it. 3 cases are pending and 130 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 76 | 22 | 3 |
| District courts | 51 | 16 | 0 |
| Supreme Court | 5 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 133)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by M/S.Kerala Kaumudi (P) Ltd. | Pending |
| High Court | Court case (OP(C)) | Filed against the company by Madhyamam Broadcasting Ltd | Disposed |
| High Court | Court case (RP) | Filed against the company by M/S Kerala Kaumudi (P) Ltd | Disposed |
| High Court | Court case (OP(C)) | Filed against the company by M/S Jeevan Telecasting Corporation Ltd. | Disposed |
| High Court | Appeal | Filed by the company against M/S. Kerala Kaumudi (P) Ltd | Disposed |
To see the full case history of Asianet Satellite Communications Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Asianet Satellite Communications Limited was last rated by Indiarating on 27 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 27 Aug 2021 |
To see the full credit ratings and regulatory alerts of Asianet Satellite Communications Limited, buy the company report.
MSME payment delays
Asianet Satellite Communications Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 84 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aabasoft Technologies (India) Private Limited | |||
| Ainex India | |||
| an individual supplier | |||
| Infomates Techno Solutions Private Limited |
To see the full MSME payment records of Asianet Satellite Communications Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Asianet Satellite Communications has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Asianet Digital Network Private Limited | U74999KL2015PTC039405 | |
| Roseblossoms Vision Private Limited | U74999KL2017PTC048458 |
To see the full group structure of Asianet Satellite Communications Limited, buy the company report.
Employees & EPFO
Asianet Satellite Communications Limited has a workforce of 725 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Asianet Satellite Communications has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECA5548E1Z0 | Kerala | Active | 01 Jul 2017 |
| 29AAECA5548E1ZN | Karnataka | Active | 01 Jul 2017 |
| 36AAECA5548E1ZS | Telangana | Active | 01 Jul 2017 |
| 37AAECA5548E1ZQ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asianet Satellite Communications Limited, buy the company report.
Recent activity
Asianet Satellite Communications Limited has 28 board changes on record since 2006: 8 appointments and 20 cessations. The latest: Ankit Rajiv Somani ceased to be Additional Director on 23 Dec 2021.
176 earlier events are in the company report.
News
Frequently asked questions
Asianet Satellite Communications is an active public limited company based in Thiruvananthapuram, Kerala, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 29 September 1992 (34+ years old) and is registered under CIN U92132KL1992PLC006725.
Asianet Satellite Communications has 8 current directors:
- Murthy Sreerama Chaganti - Managing Director
- Suresh Pazhempallil Sivaraman Nair - Whole-Time Director
- Josephconrad Agnelo Dsouza - Director
- Viren Rajan Raheja - Director
- Ankit Rajiv Somani - Director
- Sankaranarayana Gopalan - Director
- Praveen Sharma - Director
- Ravina Vinay Rajpal - Director
The latest financial statements of Asianet Satellite Communications on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asianet Satellite Communications is 32AAECA5548E1Z0, registered in Kerala. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAECA5548E1ZN (Karnataka), 36AAECA5548E1ZS (Telangana), 37AAECA5548E1ZQ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Asianet Satellite Communications is U92132KL1992PLC006725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asianet Satellite Communications has 133 court cases on record: 94 filed by the company and 39 filed against it. 3 are pending. Most are in the high courts.
Asianet Satellite Communications was incorporated on 29 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Asianet Satellite Communications by revenue are Verizon Communications India Private Limited, BT Global Communications India Private Limited, GTPL Broadband Private Limited, all in the Telecom industry (Communications, Landline ISP and Broadband, Satellite Communications), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Ankit Rajiv Somani ceased to be Additional Director on 23 Dec 2021. Josephconrad Agnelo Dsouza ceased to be Additional Director on 23 Dec 2021. Praveen Sharma ceased to be Additional Director on 23 Dec 2021. Asianet Satellite Communications has 28 board changes on record in total.
Asianet Satellite Communications has 10 MSME Form 1 returns on record between 2019 and 2024, listing 84 overdue payments to 14 micro and small suppliers. The latest return was filed on 06 May 2024.
Asianet Satellite Communications can be reached through the website asianet.co.in. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Asianet Satellite Communications is at 2A 2nd Floor Leela Infopark Technopark Kazhakuttom, Thiruvananthapuram, Kerala, India – 695581.
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