About Crystal Business System Limited
Data last updated: 15 July 2026
Crystal Business System Limited is a public limited company based in Delhi, Delhi, India. It specialises in television and radio broadcasting, a part of the broader media and publishing sector. Incorporated on 18 May 1994, the company has been in operation for over 32 years.
Registered with ROC Delhi under CIN L74899DL1994PLC059093. Listed on BSE: 540821.
Capital: an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹10.03 Cr. Formerly known as Chirau Broadcast Network Limited and Chirau Finance Investment and Leasng Company Limited. It is led by directors including Arpan Gupta and Balmukund Shyamsundar Tiwari.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: 37 Second Floor Rani Jhansi Road Motia Khan Paharganj, Delhi, Delhi, India – 110055.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹8.68 Cr, a decline of 49.59% compared to the previous year. The net worth stands at ₹15.09 Cr (down 0.95% YoY). Total assets are valued at ₹22.5 Cr (down 8.48% YoY).
The company is associated with 1 brand - Sadhna.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sadhna.com.
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Registered Address37 Second Floor Rani Jhansi Road Motia Khan Paharganj, Delhi, Delhi, India – 110055
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IndustryMedia and Publishing, Television & Radio Broadcasting
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Crystal Business System Limited
Crystal Business System Limited has undergone 4 name changes throughout its history. The current legal name is Crystal Business System Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Crystal Business System Limited | Current |
| Chirau Broadcast Network Limited | Previous |
| Chirau Finance Investment And Leasng Company Limited | Previous |
| Chirau Finance Investment And Leasng Company Private Limited | Previous |
CIN History of Crystal Business System Limited
Crystal Business System Limited has one previous CIN (Corporate Identification Number): L74899DL1994PLC059093. The current CIN is L92100DL1994PLC059093, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L92100DL1994PLC059093 | Current |
| L74899DL1994PLC059093 | Previous |
Associated Brands with Crystal Business System Limited
Crystal Business System Limited operates one associated brand: Sadhna. These brands represent Crystal Business System Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Television programming and broadcasting services are provided to clients. | sadhna.com |
Competitors & Alternatives of Crystal Business System Limited
Brands and companies operating in the same space as Crystal Business System Limited include GroupM, Cadent, Digital Domain and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Provider of advertising services | New York, United States, United States | 2003 |
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TV advertising solutions are provided for businesses through data-driven methods. | New York, United States, United States | 2005 |
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Visual effects studio for feature film and advertising production | Los Angeles, United States, United States | 1992 |
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Cross-device ad server software is offered by the platform. | San Francisco, United States, United States | 2005 |
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Creative solutions are provided for brand building and business challenges. | London, United Kingdom, United Kingdom | 1995 |
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Marketing & communications company | New York, United States, United States | 1944 |
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Provider of advertising services | New Hope, United States, United States | 2005 |
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Advertising and media services are provided across Africa. | Sandton, South Africa, South Africa | 1994 |
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Intersection is engaged in out-of-home advertising and public space communications. | New York, United States, United States | 2001 |
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Audio-first media and entertainment company | Atlanta, United States, United States | 1997 |
Business Activity of Crystal Business System Limited
Crystal Business System Limited is engaged in the principal business activity of information and communication, with detailed activities including broadcasting and programming activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities | Locked |
Business activity turnover details for Crystal Business System Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Crystal Business System Limited
Crystal Business System Limited is audited by BAS & CO LLP (ICAI peer reviewed, certificate valid till 2028-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| BAS & CO LLP (ICAI peer reviewed, certificate valid till 2028-03-31) | FY 2026 | Statement on impact of audit qualification |
Board of Directors of Crystal Business System Limited
Crystal Business System Limited is currently managed by 4 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpan Gupta | Director | 29 Jan 2014 | 12 Years 5 Months | Current |
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Balmukund Shyamsundar Tiwari
Also directs:
Virtual Business Solution Private Limited
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Managing Director | 28 Nov 2022 | 3 Years 7 Months | Current |
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Vinod Aggarwal
Also directs:
Hi-Tech Flow Solutions Limited, Aims2health Private Limited
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Director | 16 Nov 2022 | 3 Years 8 Months | Current |
| Vandana Birla | Director | 31 May 2023 | 3 Years 1 Months | Current |
Financials of Crystal Business System Limited FY 2026 filings available
Crystal Business System Limited reported revenue of ₹8.68 Cr (down 49.59% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8.68 Cr | ₹17.22 Cr | ₹15.41 Cr | ₹18.94 Cr | ₹23.89 Cr | ₹22.48 Cr | ₹34.53 Cr | ₹55.41 Cr |
| Other Income | ₹46.12 Lakh | ₹38.56 Lakh | ₹14.68 Lakh | ₹1.3 Cr | ₹1.3 Cr | ₹1.51 Lakh | ₹3.2 Lakh | ₹0 |
| Total Income | ₹9.14 Cr | ₹17.61 Cr | ₹15.56 Cr | ₹20.24 Cr | ₹25.19 Cr | ₹22.5 Cr | ₹34.56 Cr | ₹55.41 Cr |
| Cost of Materials Consumed | ₹5.86 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹6.86 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹31.99 Lakh | ₹3.68 Lakh | ₹0 | ₹99.5 Lakh | ₹0 | ₹9.15 Cr | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹69.16 Lakh | ₹17.89 Lakh | ₹71.91 Lakh | -₹89.8 Lakh | ₹0 |
| Employee Benefit Expense | ₹90.72 Lakh | ₹88.36 Lakh | ₹90.56 Lakh | ₹2.5 Cr | ₹4.87 Cr | ₹3.63 Cr | ₹2.53 Cr | ₹1.39 Cr |
| Finance Costs | ₹10.89 Lakh | ₹12.87 Lakh | ₹1.23 Lakh | ₹0 | ₹8,000 | ₹2.38 Lakh | ₹1.88 Lakh | ₹2.47 Lakh |
| Depreciation & Amortisation | ₹35.6 Lakh | ₹45.73 Lakh | ₹41.57 Lakh | ₹46.29 Lakh | ₹47.27 Lakh | ₹41.27 Lakh | ₹46.55 Lakh | ₹20.91 Lakh |
| Other Expenses | ₹1.56 Cr | ₹14.46 Cr | ₹13.63 Cr | ₹15.94 Cr | ₹18.31 Cr | ₹17.84 Cr | ₹22.08 Cr | ₹44.99 Cr |
| Total Expenses | ₹8.8 Cr | ₹16.25 Cr | ₹15 Cr | ₹19.59 Cr | ₹24.82 Cr | ₹22.62 Cr | ₹33.34 Cr | ₹53.49 Cr |
| Profit Before Exceptional Items & Tax | ₹34.55 Lakh | ₹1.36 Cr | ₹55.32 Lakh | ₹65.65 Lakh | ₹36.72 Lakh | -₹12.83 Lakh | ₹1.22 Cr | ₹1.92 Cr |
| Exceptional Items | ₹0 | -₹15,000 | -₹7.39 Lakh | -₹41.5 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹34.55 Lakh | ₹1.36 Cr | ₹47.93 Lakh | ₹24.15 Lakh | ₹36.72 Lakh | -₹12.83 Lakh | ₹1.22 Cr | ₹1.92 Cr |
| Total Tax Expense | ₹22.88 Lakh | ₹45.22 Lakh | ₹14.31 Lakh | ₹35.99 Lakh | ₹6.19 Lakh | -₹1.72 Lakh | ₹33.61 Lakh | ₹52.31 Lakh |
| Net Profit | ₹11.67 Lakh | ₹90.56 Lakh | ₹33.62 Lakh | -₹11.84 Lakh | ₹30.53 Lakh | -₹11.11 Lakh | ₹88.13 Lakh | ₹1.4 Cr |
| Other Comprehensive Income | -₹22.88 Lakh | -₹69.62 Lakh | ₹51.29 Lakh | -₹25.14 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹11.21 Lakh | ₹20.94 Lakh | ₹84.91 Lakh | -₹36.98 Lakh | ₹30.53 Lakh | -₹11.11 Lakh | ₹88.13 Lakh | ₹1.4 Cr |
| EBITDA (computed) | ₹81.04 Lakh | ₹1.95 Cr | ₹98.12 Lakh | ₹1.12 Cr | ₹84.07 Lakh | ₹30.82 Lakh | ₹1.7 Cr | ₹2.16 Cr |
| Basic EPS | ₹0.01 | ₹0.09 | ₹0.08 | ₹-0.04 | ₹0.30 | ₹-0.11 | ₹0.88 | ₹1.40 |
| Diluted EPS | ₹0.01 | ₹0.09 | ₹0.08 | ₹-0.04 | ₹0.30 | ₹-0.11 | ₹0.88 | ₹1.40 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹22.5 Cr | ₹24.59 Cr | ₹25.5 Cr | ₹26.86 Cr | ₹28.66 Cr | ₹25.81 Cr | ₹28.49 Cr | ₹39.73 Cr |
| Non-current Assets | ₹9.64 Cr | ₹10.26 Cr | ₹14.41 Cr | ₹13.99 Cr | ₹3.62 Cr | ₹4.57 Cr | ₹5.14 Cr | ₹5.89 Cr |
| Current Assets | ₹12.86 Cr | ₹14.33 Cr | ₹11.1 Cr | ₹12.86 Cr | ₹25.04 Cr | ₹21.24 Cr | ₹23.34 Cr | ₹33.85 Cr |
| Property, Plant & Equipment | ₹1.18 Cr | ₹1.45 Cr | ₹1.82 Cr | ₹1.82 Cr | ₹2.16 Cr | ₹1.86 Cr | ₹1.83 Cr | ₹2.06 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹69.16 Lakh | ₹87.05 Lakh | ₹1.59 Cr | ₹69.16 Lakh |
| Trade Receivables | ₹8.87 Cr | ₹5.78 Cr | ₹5.82 Cr | ₹7.18 Cr | ₹5.82 Cr | ₹6.79 Cr | ₹5.75 Cr | ₹19.92 Cr |
| Cash & Equivalents | ₹25.61 Lakh | ₹0 | ₹55.36 Lakh | ₹12.88 Lakh | ₹99.63 Lakh | ₹61.16 Lakh | ₹6.08 Lakh | ₹11.51 Lakh |
| Equity (Net Worth) | ₹15.09 Cr | ₹15.24 Cr | ₹15.02 Cr | ₹14.17 Cr | ₹14.54 Cr | ₹14.24 Cr | ₹14.35 Cr | ₹13.49 Cr |
| Equity Share Capital | ₹10.03 Cr | ₹10.03 Cr | ₹10.03 Cr | ₹10.03 Cr | ₹10.03 Cr | ₹10.03 Cr | ₹10.03 Cr | ₹10.03 Cr |
| Borrowings (Non-current) | ₹2.22 Cr | ₹2.35 Cr | ₹2.45 Cr | ₹2.7 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹60.11 Lakh | ₹1.48 Cr | ₹4.15 Lakh | ₹49.62 Lakh | ₹5.25 Cr | ₹3.09 Cr | ₹2.5 Cr | ₹6.11 Cr |
| Total Debt (computed) | ₹2.82 Cr | ₹3.83 Cr | ₹2.49 Cr | ₹3.2 Cr | ₹5.25 Cr | ₹3.09 Cr | ₹2.5 Cr | ₹6.11 Cr |
| Current Liabilities | ₹5.19 Cr | ₹7 Cr | ₹8.03 Cr | ₹9.02 Cr | ₹14.12 Cr | ₹11.57 Cr | ₹14.12 Cr | ₹26.2 Cr |
| Total Liabilities | ₹7.41 Cr | ₹9.35 Cr | ₹10.48 Cr | ₹12.68 Cr | ₹14.12 Cr | ₹11.57 Cr | ₹14.14 Cr | ₹26.24 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹93.28 Lakh | ₹1.36 Cr | ₹66.25 Lakh | ₹4.97 Cr | ₹1.97 Cr |
| Investing Cash Flow | ₹35.17 Lakh | ₹1.88 Cr | -₹43.42 Lakh | -₹12 Lakh | -₹3.87 Cr |
| Financing Cash Flow | -₹1.12 Cr | ₹1.15 Cr | ₹19.69 Lakh | -₹5.72 Cr | ₹2.28 Cr |
| Capital Expenditure | ₹6.19 Lakh | ₹16.17 Lakh | ₹43.42 Lakh | ₹12 Lakh | ₹76.92 Lakh |
| Free Cash Flow (computed) | ₹87.09 Lakh | ₹1.2 Cr | ₹22.83 Lakh | ₹4.85 Cr | ₹1.2 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.84 Lakh |
| Net Change in Cash | ₹16.7 Lakh | ₹4.39 Cr | ₹42.52 Lakh | -₹86.75 Lakh | ₹38.47 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4.6 Cr | ₹89.92 Lakh | ₹1.58 Cr | ₹1.6 Cr | ₹6.46 Cr | ₹3.98 Cr | ₹3.91 Cr | ₹2.87 Cr |
| Other Income | ₹12.74 Lakh | ₹11.48 Lakh | ₹10.49 Lakh | ₹11.4 Lakh | ₹12.95 Lakh | ₹10.29 Lakh | ₹15.32 Lakh | ₹0 |
| Total Income | ₹4.73 Cr | ₹1.01 Cr | ₹1.69 Cr | ₹1.72 Cr | ₹6.59 Cr | ₹4.09 Cr | ₹4.06 Cr | ₹2.87 Cr |
| Cost of Materials Consumed | ₹79.98 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹21.45 Lakh | ₹0 | ₹10.54 Lakh | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹8.66 Lakh | ₹0 | -₹8.66 Lakh | ₹0 |
| Employee Benefit Expense | ₹32.48 Lakh | ₹18.54 Lakh | ₹18.9 Lakh | ₹20.8 Lakh | ₹22.17 Lakh | ₹23.33 Lakh | ₹22.04 Lakh | ₹20.83 Lakh |
| Finance Costs | ₹5.23 Lakh | ₹2.54 Lakh | ₹2.65 Lakh | ₹2.8 Lakh | ₹5.49 Lakh | ₹4.27 Lakh | ₹3.11 Lakh | ₹0 |
| Depreciation & Amortisation | ₹4.49 Lakh | ₹9.07 Lakh | ₹9.01 Lakh | ₹8.65 Lakh | ₹12.46 Lakh | ₹11.23 Lakh | ₹11.13 Lakh | ₹10.91 Lakh |
| Other Expenses | ₹17.14 Lakh | ₹2.3 Cr | ₹2.13 Cr | ₹2.03 Cr | ₹7.39 Cr | ₹1.88 Cr | ₹2.73 Cr | ₹2.46 Cr |
| Total Expenses | ₹1.39 Cr | ₹2.6 Cr | ₹2.44 Cr | ₹2.35 Cr | ₹8.09 Cr | ₹2.27 Cr | ₹3.11 Cr | ₹2.78 Cr |
| Profit Before Exceptional Items & Tax | ₹3.33 Cr | -₹1.59 Cr | -₹74.92 Lakh | -₹63.22 Lakh | -₹1.51 Cr | ₹1.82 Cr | ₹95.24 Lakh | ₹9.56 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹15,000 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹3.33 Cr | -₹1.59 Cr | -₹74.92 Lakh | -₹63.22 Lakh | -₹1.51 Cr | ₹1.82 Cr | ₹95.24 Lakh | ₹9.56 Lakh |
| Total Tax Expense | ₹14.79 Lakh | ₹13.23 Lakh | -₹4.8 Lakh | -₹35,000 | -₹24.15 Lakh | ₹43.17 Lakh | ₹23.99 Lakh | ₹2.21 Lakh |
| Net Profit | ₹3.19 Cr | -₹1.72 Cr | -₹70.12 Lakh | -₹62.87 Lakh | -₹1.27 Cr | ₹1.39 Cr | ₹71.25 Lakh | ₹7.35 Lakh |
| Other Comprehensive Income | -₹22.88 Lakh | ₹0 | ₹0 | ₹0 | -₹69.62 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹2.96 Cr | -₹1.72 Cr | -₹70.12 Lakh | -₹62.87 Lakh | -₹1.96 Cr | ₹1.39 Cr | ₹71.25 Lakh | ₹7.35 Lakh |
| EBITDA (computed) | ₹3.43 Cr | -₹1.47 Cr | -₹63.26 Lakh | -₹51.77 Lakh | -₹1.33 Cr | ₹1.97 Cr | ₹1.09 Cr | ₹20.47 Lakh |
| Basic EPS | ₹0.32 | ₹-0.17 | ₹-0.07 | ₹-0.06 | ₹-0.13 | ₹0.14 | ₹0.07 | ₹0.01 |
| Diluted EPS | ₹0.32 | ₹-0.17 | ₹-0.07 | ₹-0.06 | ₹-0.13 | ₹0.14 | ₹0.07 | ₹0.01 |
Charges & Borrowings Crystal Business System Limited
Crystal Business System Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Crystal Business System Limited
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Employee and EPFO history for Crystal Business System Limited
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GST Compliance of Crystal Business System Limited
GST registrations and filing compliance for Crystal Business System Limited
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Credit Ratings, Litigation & Regulatory Alerts for Crystal Business System Limited
Credit ratings, litigation, and regulatory alerts for Crystal Business System Limited
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MSME Payment Delays by Crystal Business System Limited
MSME payment history for Crystal Business System Limited
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Subsidiaries & Group Companies of Crystal Business System Limited
Corporate group structure for Crystal Business System Limited
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MCA Filings & Documents of Crystal Business System Limited
MCA filings and documents for Crystal Business System Limited
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Recent Activity on Crystal Business System Limited
Frequently Asked Questions about Crystal Business System Limited
Crystal Business System Limited is an active public limited company in the media and publishing sector based in Delhi, Delhi, India. It was incorporated on 18 May 1994 (32+ years old) and is registered under CIN L92100DL1994PLC059093. Listed on BSE: 540821.
Crystal Business System Limited reported revenue of ₹8.68 Cr for FY 2026 (down 49.59% YoY) based on standalone BSE filings.
The current directors of Crystal Business System Limited are:
- Arpan Gupta - Director
- Balmukund Shyamsundar Tiwari - Managing Director
- Vinod Aggarwal - Director
- Vandana Birla - Director
The primary industry of Crystal Business System Limited is media and publishing. The company specifically operates in television and radio broadcasting. The company is currently active in this sector.
Yes. Crystal Business System Limited is listed on BSE with code 540821.
Crystal Business System Limited can be reached at the registered office: 37 Second Floor Rani Jhansi Road Motia Khan Paharganj, Delhi, Delhi, India – 110055, or through the website sadhna.com.