Dishnet Wireless Limited - telecom in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH1998PLC283931 Incorporated 10 March 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company telecom
Data last updated
Revenue · FY 2017
₹6,637.05 Cr
▲ 4% YoY
Net loss · FY 2017
₹1,234.21 Cr
Net margin -18.6%
EBITDA · FY 2017
₹1,387.32 Cr
EBITDA margin 20.9%
Authorised capital
₹2,075 Cr
Registered with MCA
Paid-up capital
₹29.8 Cr
Issued & subscribed
Open charges
₹21,494 Cr
Satisfied ₹40,025 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
15
Provident fund records

About Dishnet Wireless Limited

Data last updated:

Dishnet Wireless Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Aircel Limited. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 10 March 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1998PLC283931. Its GSTIN is 13AAACD5767E1ZW (Nagaland). The company holds 10 GST registrations, of which 6 are active.

The company has an authorised share capital of ₹2,075 Cr and a paid-up capital of ₹29.8 Cr. It was formerly known as Dishnet Limited. It is led by directors including Kidambi Parthasarathy Varadharajan and Sandeep Vats.

Its last annual general meeting (AGM) was held on 26 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Opus Centre 47 Central Road Opposite Tunga Paradise MIDC, Mumbai, Maharashtra, India – 400093.

As per the financials filed for FY 2017, the company reported a revenue of ₹6,637.05 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹1,234.21 Cr (net margin -18.6%) and EBITDA of ₹1,387.32 Cr (EBITDA margin 20.9%).

The company has about 15 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹21,494 Cr and satisfied charges of ₹40,025 Cr on record. Court records list 490 cases involving the company, including 233 filed by the company and 203 filed against it; 96 cases are pending. The company has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹1,608.82 Cr; the latest was in December 2011. Its 6 peer companies in the Telecom industry (Landline ISP and Broadband) are compared by revenue, 1 larger and 5 smaller; the largest is Bharti Hexacom Limited with revenue of ₹8,729.7 Cr.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website aircel.com.

Company Details of Dishnet Wireless Limited
CIN U74999MH1998PLC283931
Registration Number 283931
Incorporation Date 10 March 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 July 2017
Date of Balance Sheet 31 March 2017
Parent Company Aircel Limited
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Opus Centre 47 Central Road Opposite Tunga Paradise MIDC, Mumbai, Maharashtra, India – 400093
  • Industry
    Telecom, ISP & Broadband Services
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Financials, compliance, directors, charges, ownership and filings for Dishnet Wireless Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Dishnet Wireless Limited

The main business activity of Dishnet Wireless is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ5Wired, wireless or satellite Telecommunication activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Dishnet Wireless Limited FY 2017 filings available

Dishnet Wireless Limited reported revenue of ₹6,637.05 Cr (up 4% YoY) for FY 2017.

Revenue · FY 2017
₹6,637.05 Cr ▲ 4%
Net loss · FY 2017
₹1,234.21 Cr margin -18.6%
EBITDA · FY 2017
₹1,387.32 Cr margin 20.9%

Compounded Annual Growth Rate (CAGR) of Dishnet Wireless Limited

Revenue CAGR growth
1 year
▲ 4%
EBITDA CAGR growth
1 year
▼ 1%

Revenue rose 4% in the latest year. EBITDA fell 1% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Dishnet Wireless Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹6,637.05 Cr••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹1,387.32 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹1,234.21 Cr••••••••
Balance Sheet
Share Capital••••••••••••
Reserves and Surplus••••••••••••
Net Worth (Total Equity)••••••••••••
Long-term Borrowings••••••••••••
Short-term Borrowings••••••••••••
Trade Payables••••••••••••
Total Liabilities••••••••••••
Fixed Assets••••••••••••
Investments••••••••••••
Inventories••••••••••••
Trade Receivables••••••••••••
Cash and Bank Balance••••••••••••
Total Assets••••••••••••

Financial Ratios of Dishnet Wireless Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin20.9%••••••••
Net Profit Margin-18.6%••••••••
Return on Equity (ROE)••••••••••••
Return on Capital Employed (ROCE)••••••••••••
Return on Assets (ROA)••••••••••••
Liquidity and Debt
Current Ratio••••••••••••
Quick Ratio••••••••••••
Debt-to-Equity Ratio••••••••••••
Interest Coverage Ratio••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••
Receivable Days••••••••••••
Payable Days••••••••••••
Inventory Days••••••••••••
Revenue Growth••••••••••••
Net Profit Growth••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dishnet Wireless are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Dishnet Wireless Limited

Dishnet Wireless Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bharti Hexacom Limited₹8,729.7 Cr (FY 2025)••••••••19.0%••••Haryana, India
Dishnet Wireless Limited this company₹6,637.05 Cr (FY 2017)••••••••4.0%••••Mumbai, Maharashtra, India
Tanla Platforms Limited Listed₹4,067.95 Cr (FY 2025)••••••••2.0%••••Hyderabad, Telangana, India
GTPL Hathway Limited Listed₹3,507.23 Cr (FY 2025)••••••••8.0%••••Ahmedabad, Gujarat, India
Urja Digital World Limited₹2,712.27 Cr (FY 2025)••••••••10279.0%••••New Delhi, Delhi, India
Atria Convergence Technologies Limited₹2,272.68 Cr (FY 2025)••••••••5.0%••••Bangalore, Karnataka, India
Comviva Technologies Limited₹1,508.7 Cr (FY 2025)••••••••13.0%••••Gurugram, Haryana, India

Peers are the five companies nearest above and the five nearest below Dishnet Wireless by revenue in the Telecom industry (Landline ISP and Broadband), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Dishnet Wireless Limited

Dishnet Wireless Limited is audited by B S R and Associates LLP for the financial year 2017.

NameStatusAppointment DateCessation Date
B S R and Associates LLPLockedLockedLocked
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Board of Directors of Dishnet Wireless Limited

Dishnet Wireless has 4 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjeev JainAdditional Director10 Apr 20197 Years 6 MonthsCurrent
Kidambi Parthasarathy VaradharajanDirector03 Apr 20242 Years 6 MonthsCurrent
Sandeep VatsDirector18 Feb 20188 Years 7 MonthsCurrent
Prakash Radheshyam MishraDirector18 Feb 20188 Years 7 MonthsCurrent

Ownership and Shareholding of Dishnet Wireless Limited

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Charges & Borrowings of Dishnet Wireless Limited

Open charges
₹21,494 Cr
Satisfied charges
₹40,025 Cr
Breakdown by lending institutions
Others₹17,479.00 Cr
Sbicap Trustee Company Limited₹4,015.33 Cr
Latest charge details
DateLenderAmountStatus
02 May 2014Others₹17,479 CrOpen
12 Jul 2011Sbicap Trustee Company Limited₹543.16 CrOpen
29 Apr 2011Sbicap Trustee Company Limited₹3,472.17 CrOpen
25 Feb 2014Sbicap Trustee Company Limited₹13,729 CrSatisfied
29 Nov 2011Idbi Bank Limited₹100 CrSatisfied

Total charge records: 48 View all charges

Deals & Funding of Dishnet Wireless Limited

Dishnet Wireless Limited has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹1,608.82 Cr; the latest was in December 2011.

Total deals
3
Funding rounds
2
Acquisition
1
Disclosed funding
₹1,608.82 Cr

Deals on record (1 of 3)

WhenDealAmountParties
Mar 2004Acquisition₹269.78 CrBuyer: Tata Communications Limited
Seller: Dishnet Wireless Limited
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Full deal history

All 3 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Dishnet Wireless Limited

Dishnet Wireless Limited has a workforce of 15 employees as of Apr 02, 2024.

Employee count
15
Active EPFO establishments
3
Employee growth
-28.57%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Dishnet Wireless Limited

Dishnet Wireless has one previous CIN (Corporate Identification Number): U74999TN1998PLC040075. The current CIN is U74999MH1998PLC283931, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999MH1998PLC283931Current
U74999TN1998PLC040075Previous

Recent Activity on Dishnet Wireless Limited

Dishnet Wireless Limited has 35 board changes on record since 2007: 4 appointments and 31 cessations. The latest: Kidambi Parthasarathy Varadharajan was appointed as Director on 03 Apr 2024.

Appointed
Kidambi Parthasarathy Varadharajan was appointed as Director.
Charges
A charge with Others of Rs. 17,479.00 Cr registered on 02 May 2014 with Charge ID 10493043 was modified on 30 Sep 2021.
Ceased
Prakash Radheshyam Mishra ceased to be Director.
Ceased
Sandeep Vats ceased to be Director.
Ceased
Sanjeev Jain ceased to be Additional Director.
Appointed
Sanjeev Jain was appointed as Additional Director.
Ceased
Rakesh Sharma Kumar ceased to be Additional Director.
Ceased
Vali Nijhawan ceased to be Director.
Ceased
Lakshmi Subramanian ceased to be Director.
Appointed
Prakash Radheshyam Mishra was appointed as Director.
Appointed
Sandeep Vats was appointed as Director.
Ceased
Umesh Jain ceased to be Nominee Director.

140 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Dishnet Wireless Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Dishnet Wireless Limited

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Subsidiaries & Group Companies of Dishnet Wireless Limited

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Corporate group structure

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GST Compliance of Dishnet Wireless Limited

Dishnet Wireless has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
6
Cancelled / inactive
4
GSTINStateStatusRegistered on
13AAACD5767E1ZWNagalandActive01 Jul 2017
19AAACD5767E2ZJWest BengalActive07 Jul 2017
15AAACD5767E3ZQMizoramActive29 Apr 2020
37AAACD5767E2ZLAndhra PradeshActive29 Apr 2020
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Dishnet Wireless Limited

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MCA filings and documents

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Frequently Asked Questions about Dishnet Wireless Limited

Dishnet Wireless is an active public limited company based in Mumbai, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 10 March 1998 (28+ years old) and is registered under CIN U74999MH1998PLC283931.

Dishnet Wireless reported revenue of ₹6,637.05 Cr for FY 2017 (up 4% YoY).

Dishnet Wireless has 4 current directors:

Dishnet Wireless reported a net loss of ₹1,234.21 Cr (net margin -18.6%) and EBITDA of ₹1,387.32 Cr (EBITDA margin 20.9%) for FY 2017, as per its filed financial statements.

The GSTIN of Dishnet Wireless is 13AAACD5767E1ZW, registered in Nagaland. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 19AAACD5767E2ZJ (West Bengal), 15AAACD5767E3ZQ (Mizoram), 37AAACD5767E2ZL (Andhra Pradesh).

The CIN (Corporate Identification Number) of Dishnet Wireless is U74999MH1998PLC283931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dishnet Wireless has 490 court cases on record: 233 filed by the company and 203 filed against it. 96 are pending. Most are in the high courts.

Dishnet Wireless was incorporated on 10 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Dishnet Wireless has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹1,608.82 Cr; the latest was in December 2011.

The peers of Dishnet Wireless by revenue are Bharti Hexacom Limited, Tanla Platforms Limited, GTPL Hathway Limited, Urja Digital World Limited, Atria Convergence Technologies Limited and 1 more, all in the Telecom industry (Landline ISP and Broadband).

Kidambi Parthasarathy Varadharajan was appointed as Director on 03 Apr 2024. Prakash Radheshyam Mishra ceased to be Director on 09 Jun 2020. Sandeep Vats ceased to be Director on 09 Jun 2020. Dishnet Wireless has 35 board changes on record in total.

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