- #1,090 Kavita Yadupati Singhania & family ₹2,400 Cr

About Express Newspapers Private Limited
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Express Newspapers Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Ace Investments Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 October 1956 and has been in existence for over 70 years.
Its director Kavita Yadupati Singhania and family are #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70101TN1946PTC003445. Its GSTIN is 33AAACE1702G1ZE (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.6 Lakh. It is led by directors including Arati Agarwal (Managing Director) and Kavita Yadupati Singhania (Managing 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 Express Estates Mount Road Madras – 2., Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2023, the company reported a revenue of ₹48.79 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹156.91 Cr (net margin 321.6%) and EBITDA of ₹166.64 Cr (EBITDA margin 341.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹49.36 Lakh and satisfied charges of ₹21.5 Cr on record. Court records list 57 cases involving the company, including 22 filed by the company and 35 filed against it; 7 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 expressavenue.in.
Company details
CIN history
Express Newspapers has one previous CIN (Corporate Identification Number): U70101TN1956PTC003445. The current CIN is U70101TN1946PTC003445, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101TN1946PTC003445 | Current |
| U70101TN1956PTC003445 | Previous |
Recognitions & Rankings of Express Newspapers
Contact details
Express Newspapers Private Limited's registered office is in Chennai, Tamil Nadu.
- Social Media
- Registered AddressExpress Estates Mount Road Madras – 2., Chennai, Tamil Nadu, India – 600002
- IndustryFinancial Services, Real Estate Financing
- 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
Financials of Express Newspapers Private Limited
FY 2025 filings availableExpress Newspapers Private Limited reported revenue of ₹48.79 Cr (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 17% growth in the latest year. EBITDA fell 5% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹48.79 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹166.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹156.91 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 341.6% | ||||
| Net Profit Margin | 321.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Express Newspapers Private Limited, buy the company report.
Board of directors of Express Newspapers Private Limited
Express Newspapers has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Express Newspapers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Professional Services), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Express Newspapers Private Limitedthis company | ₹48.79 Cr (FY 2023) | ₹156.91 Cr | 321.6% | 17.0% | Chennai, Tamil Nadu, India | |
| Logix Heights Private Limited | ₹31.89 Cr (FY 2024) | 210.0% | New Delhi, Delhi, India | |||
| Singhvahini Infraprojects Private Limited | ₹31.84 Cr (FY 2025) | 45.0% | Noida, Uttar Pradesh, India | |||
| Foresight Realtech Private Limited | ₹31.8 Cr (FY 2025) | -66.0% | New Delhi, Delhi, India |
To see the full peer comparison of Express Newspapers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 1997 | 90296370 | United Commercial Bank | ₹18 Lakh | Open | |
| 01 Mar 1972 | 90295461 | Goenka Charitable Trust | ₹26.36 Lakh | Open | |
| 05 Jan 1971 | 90295460 | Madras Motor & General Insurance Company Ltd. | ₹5 Lakh | Open | |
| 14 Mar 2007 | 10044854 | Bank of India | ₹15 Cr | Satisfied | |
| 23 Dec 2005 | 90291027 | Indusind Bank Ltd. | ₹4.75 Cr | Satisfied |
To see the full charge records of Express Newspapers Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Express Newspapers Private Limited has 57 court cases on record: 22 filed by Express Newspapers, 35 filed against it. 7 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 27 | 6 |
| District courts | 15 | 8 | 1 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by State of Maharashtra and Ors | Pending |
| Bombay High Court | Court case (CONPW) | Filed by the company against State of Maharashtra and 4 Ors. | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The Principal Commissioner of Income Tax 1 Ravikumar T | Pending |
| Madras High Court | Court case (TCA) | Filed against the company by The Principal Commissioner of Income Tax 1 | Pending |
| Madras High Court | Court case (TCA) | Filed against the company by The Principal Commissioner of Income Tax- I | Pending |
To see the full case history of Express Newspapers 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 Express Newspapers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Express Newspapers has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACE1702G1ZE | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAACE1702G1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 07AAACE1702G1Z9 | Delhi | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Express Newspapers Private Limited, buy the company report.
Recent activity
Express Newspapers Private Limited has 16 board changes on record since 1985: 8 appointments and 8 cessations. The latest: Saroj Goenka ceased to be Managing Director on 24 May 2024.
19 earlier events are in the company report.
Frequently asked questions
Express Newspapers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 October 1956 (70+ years old) and is registered under CIN U70101TN1946PTC003445.
Express Newspapers has 8 current directors:
- Arati Agarwal - Managing Director
- Kavita Yadupati Singhania - Managing Director
- Goenka Ritu - Whole-Time Director
- Kanupriya Bajoria - Director
- Anil Kumar Agarwal - Director
- Ramesh Chandra Vaish - Director
- Shivani Dev Priya Somany - Director
- Vedant Anil Agarwal - Director
The latest financial statements of Express Newspapers 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 Express Newspapers is 33AAACE1702G1ZE, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAACE1702G1Z7 (Maharashtra), 07AAACE1702G1Z9 (Delhi).
The CIN (Corporate Identification Number) of Express Newspapers is U70101TN1946PTC003445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Express Newspapers has 57 court cases on record: 22 filed by the company and 35 filed against it. 7 are pending. Most are in the high courts.
Express Newspapers was incorporated on 11 October 1956, making it 70+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Express Newspapers by revenue are Logix Heights Private Limited, Singhvahini Infraprojects Private Limited, Foresight Realtech Private Limited, all in the Real Estate industry (Builders and Developers, Professional Services), with the same principal business activity (real estate activities with own or leased property).
Saroj Goenka ceased to be Managing Director on 24 May 2024. Shivani Dev Priya Somany ceased to be Additional Director on 29 Sep 2023. Shivani Dev Priya Somany was appointed as Director on 08 Aug 2023. Express Newspapers has 16 board changes on record in total.
Express Newspapers can be reached through the website expressavenue.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Express Newspapers is at Express Estates Mount Road Madras – 2., Chennai, Tamil Nadu, India – 600002.