About Crystal Business System Limited
Data last updated: 22 December 2025
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 L92100DL1994PLC059093. 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 the financials filed for FY 2025, the company reported a revenue of ₹17.61 Cr, a growth of 13% compared to the previous year.
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.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Apps
-
Registered Address37 Second Floor Rani Jhansi Road Motia Khan Paharganj, Delhi, Delhi, India – 110055
-
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 |
|---|---|---|---|
GroupM
|
Provider of advertising services | New York, United States, United States | 2003 |
Cadent
|
TV advertising solutions are provided for businesses through data-driven methods. | New York, United States, United States | 2005 |
Digital Domain
|
Visual effects studio for feature film and advertising production | Los Angeles, United States, United States | 1992 |
NEXSTAR MEDIA GROUP
|
Cross-device ad server software is offered by the platform. | San Francisco, United States, United States | 2005 |
M&C Saatchi
|
Creative solutions are provided for brand building and business challenges. | London, United Kingdom, United Kingdom | 1995 |
Omnicom Group
|
Marketing & communications company | New York, United States, United States | 1944 |
The Meet Group
|
Provider of advertising services | New Hope, United States, United States | 2005 |
Primedia Group
|
Advertising and media services are provided across Africa. | Sandton, South Africa, South Africa | 1994 |
Intersection
|
Intersection is engaged in out-of-home advertising and public space communications. | New York, United States, United States | 2001 |
Cumulus Media
|
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 | ********* |
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 6 directors, with 17 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
Also directs:
Crystal Business System Limited
|
Director | 29 Jan 2014 | 12 Years 5 Months | Current |
| Balmukund Shyamsundar Tiwari | Managing Director | 28 Nov 2022 | 3 Years 7 Months | Current |
|
Vinod Aggarwal
Also directs:
Quicktouch Technologies Limited, Crystal Business System Limited, Hi-Tech Flow Solutions Limited and 1 more
|
Director | 16 Nov 2022 | 3 Years 7 Months | Current |
| Sonia Sharma | Cfo | 14 Feb 2022 | 4 Years 4 Months | Current |
|
Vandana Birla
Also directs:
Crystal Business System Limited
|
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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
Shareholding Pattern of Crystal Business System Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 25.47%, retail and other public shareholders hold 74.53% of Crystal Business System Limited. The company had 50,198 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% |
| Public | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 25.47% | 25.47% | 25.47% |
| Public | 74.53% | 74.53% | 74.53% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
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
View historical data on people associated with Crystal Business System Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Crystal Business System Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Crystal Business System Limited
GSTIN & GST Filing Data of Crystal Business System Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Crystal Business System Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Crystal Business System Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Crystal Business System Limited
MSME Payment Delays by Crystal Business System Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Crystal Business System Limited
Subsidiaries & Group Companies of Crystal Business System Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Crystal Business System Limited with ownership details.
MCA Filings & Documents of Crystal Business System Limited
MCA Filings & Documents of Crystal Business System Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
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 ₹17.61 Cr for FY 2025 (up 13.00% YoY).
The current directors of Crystal Business System Limited are:
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.