MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0000029
Clear Channel India Private Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.95 Cr
▼ 27% YoY
Net loss · FY 2025
₹31.25 Lakh
Net margin -6.3%
EBITDA · FY 2025
-₹17.09 Lakh
EBITDA margin -3.5%
Authorised capital
₹3.45 Cr
Registered with MCA
Paid-up capital
₹19.75 Lakh
Issued & subscribed
Open charges
₹24.93 Lakh
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
4
Provident fund records
About Clear Channel India Private Limited
Data last updated:
Clear Channel India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Deesha Leasecon Private Limited. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 31 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74300MH1997PTC106950. Its GSTIN is 27AAACE3491J1ZI (Maharashtra).
The company has an authorised share capital of ₹3.45 Cr and a paid-up capital of ₹19.75 Lakh. It was formerly known as Everest Media Private Limited and Clear Channel Mumbai Private Limited. It is led by directors Yash Nikhil Merchant and Aniruddh Chandrakant Kanade.
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 1 – B/A Parekh Mahal Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.95 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹31.25 Lakh (net margin -6.3%) and EBITDA of -₹17.09 Lakh (EBITDA margin -3.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 26% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.93 Lakh on record. Court records list 58 cases involving the company, including 34 filed by the company and 25 filed against it; 10 cases are pending.
Clear Channel India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000029). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clearchannelindia.com.
Company details
CIN U74300MH1997PTC106950
Registration Number 106950
Incorporation Date 31 March 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Deesha Leasecon Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0000029
Name history
Clear Channel India has undergone 2 name changes throughout its history. The company was previously known as Everest Media Private Limited, and Clear Channel Mumbai Private Limited. The current legal name is Clear Channel India Private Limited.
| Company Name | Status |
|---|---|
| Clear Channel India Private Limited | Current |
| Everest Media Private Limited | Previous |
| Clear Channel Mumbai Private Limited | Previous |
Recognitions & Rankings of Clear Channel India
Contact details
Clear Channel India Private Limited's registered office is in Mumbai, Maharashtra. Its website is clearchannelindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 – B/A Parekh Mahal Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Clear Channel India Private Limited, buy the company report.
Comprehensive company report
Clear Channel India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Clear Channel India is professional, scientific and technical activities. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 73 | Advertising and market research |
To see the full business activity and turnover split of Clear Channel India Private Limited, buy the company report.
Financials of Clear Channel India Private Limited
FY 2025 filings availableClear Channel India Private Limited reported revenue of ₹4.95 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹4.95 Cr ▼ 27%
Net loss · FY 2025
₹31.25 Lakh margin -6.3%
EBITDA · FY 2025
-₹17.09 Lakh margin -3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 1%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▼ 117%
3 years · compounded
▲ 50%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 27% fall in the latest year. EBITDA fell 117% 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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| Total Expenses | |||||
| EBITDA | -₹17.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.25 Lakh | ||||
| Balance Sheet | |||||
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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 | -3.5% | ||||
| Net Profit Margin | -6.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Clear Channel India Private Limited, buy the company report.
Board of directors of Clear Channel India Private Limited
Clear Channel India has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Nikhil Merchant | Director | 01 Feb 2018 | 8 Years 8 Months | Current |
| Aniruddh Chandrakant Kanade | Director | 06 May 2013 | 13 Years 5 Months | Current |
Auditor
Clear Channel India Private Limited is audited by P P S S & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P P S S & ASSOCIATES LLP | FY 2022 | W100767 |
Shareholding
The shareholding of Clear Channel India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clear Channel India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.93 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2025 | 101044286 | Hdfc Bank Limited | ₹24.93 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Clear Channel India Private Limited has 58 court cases on record: 34 filed by Clear Channel India, 25 filed against it. 10 cases are pending and 48 are disposed.
Total cases
58
Filed by the company
34
Filed against the company
25
Pending
10
Disposed
48
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 40 | 11 | 9 |
| District courts | 14 | 13 | 1 |
| Supreme Court | 3 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by M/S. Della Tecnica Interior Design Pvt. Ltd. | Pending |
| Bombay High Court | Court case (CHOCL) | Filed by the company against Numech Emballage Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Della Tecnica Interior Design Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by M/S. Della Tecnica Interior Design Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Aniruddh Kanade, Director / Erstwhile Director of Clear Channel India Pvt Ltd | Disposed |
To see the full case history of Clear Channel India Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clear Channel India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Clear Channel India has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Clear Channel India Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
GST
Clear Channel India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE3491J1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clear Channel India Private Limited, buy the company report.
Recent activity
Clear Channel India Private Limited has 18 board changes on record since 2007: 2 appointments and 16 cessations. The latest: Premal Harkishon Udani ceased to be Director on 30 Sep 2020.
AGM
Clear Channel India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Clear Channel India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101044286 was registered on 28 Jan 2025.
Ceased
Premal Harkishon Udani ceased to be Director.
Ceased
Anilkumar Premnath Shroff ceased to be Director.
Ceased
Yash Nikhil Merchant ceased to be Additional Director.
Ceased
Prashant Singh ceased to be Director.
Appointed
Yash Nikhil Merchant was appointed as Director.
Ceased
Mehool Rasik Parekh ceased to be Director.
Ceased
Vinod Jain Kumar ceased to be Director.
Ceased
Robin Frank Carruthers ceased to be Director.
Ceased
Aniruddh Chandrakant Kanade ceased to be Additional Director.
10 earlier events are in the company report.
Frequently asked questions
Clear Channel India is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 31 March 1997 (29+ years old) and is registered under CIN U74300MH1997PTC106950.
Clear Channel India has 2 current directors:
- Yash Nikhil Merchant - Director
- Aniruddh Chandrakant Kanade - Director
The latest financial statements of Clear Channel India 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 Clear Channel India is 27AAACE3491J1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Clear Channel India is U74300MH1997PTC106950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clear Channel India has 58 court cases on record: 34 filed by the company and 25 filed against it. 10 are pending. Most are in the high courts.
Clear Channel India was incorporated on 31 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Premal Harkishon Udani ceased to be Director on 30 Sep 2020. Anilkumar Premnath Shroff ceased to be Director on 04 Sep 2019. Yash Nikhil Merchant ceased to be Additional Director on 29 Sep 2018. Clear Channel India has 18 board changes on record in total.
Yes, Clear Channel India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0000029).
Clear Channel India can be reached through the website clearchannelindia.com. Its registered office is in Mumbai, Maharashtra, India.