
About NDL Ventures Limited
Data last updated:
NDL Ventures Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 18 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65100MH1985PLC036896. Its GSTIN is 27AAACH2058N2ZD (Maharashtra). The company holds 20 GST registrations, of which 18 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500189 and NSE: NDLVENTURE.
The company has an authorised share capital of ₹90.01 Cr and a paid-up capital of ₹33.67 Cr. It was formerly known as Hinduja Tmt Limited and Nxtdigital Limited. It is led by directors including Amar Chintopanth (Whole-Time Director) and Debabrata Sarkar.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at In Centre 49/50 MIDC 12th Road Andheri (E), Mumbai, Maharashtra, India – 400093.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹4.04 Cr, a decline of 3.8% compared to the previous year. For the same year it recorded a net profit of ₹91 Lakh (net margin 22.5%) and EBITDA of ₹37 Lakh (EBITDA margin 9.2%). The net worth stands at ₹59.29 Cr (down 1.3% YoY). Total assets are valued at ₹59.57 Cr (down 0.8% YoY).
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: NXT Digital, Indusind Media Communications and NDL Ventures. As per MCA filings, the company has satisfied charges of ₹1,521.08 Cr on record. Court records list 83 cases involving the company, including 45 filed by the company and 39 filed against it; 19 cases are pending. The company has 60 deals on record (56 market trades, 2 acquisitions, 1 funding round), with disclosed funding of ₹300 Cr; the latest was in March 2026. The company has 5 MSME Form 1 returns on record between 2021 and 2022, listing 155 overdue payments to 24 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ndlventures.in.
Company details
Name history
NDL Ventures has undergone 3 name changes throughout its history. The company was previously known as Hinduja Tmt Limited, Nxtdigital Limited, and Hinduja Ventures Limited. The current legal name is Ndl Ventures Limited.
| Company Name | Status |
|---|---|
| NDL Ventures Limited | Current |
| Hinduja Tmt Limited | Previous |
| Nxtdigital Limited | Previous |
| Hinduja Ventures Limited | Previous |
CIN history
NDL Ventures has one previous CIN (Corporate Identification Number): L51900MH1985PLC036896. The current CIN is L65100MH1985PLC036896, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65100MH1985PLC036896 | Current |
| L51900MH1985PLC036896 | Previous |
Contact details
NDL Ventures Limited's registered office is in Mumbai, Maharashtra. Its website is ndlventures.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIn Centre 49/50 MIDC 12th Road Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryMedia and Publishing, Cable TV & DTH Services
To see the full contact details of NDL Ventures Limited, buy the company report.
- 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
Brands
NDL Ventures operates multiple associated brands including NXT Digital, Indusind Media Communications, and NDL Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Utilizes headends in the sky technology for broadcast media content distribution. | nxtdigital.in | |
| Multi-system operator services for cable TV and internet are provided. | indigital.co.in | |
| Real estate business is operated by NDL Ventures Limited as its primary focus after the demerger of other business segments. | ndlventures.in |
Business activity
The main business activity of NDL Ventures is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of NDL Ventures Limited, buy the company report.
Financials of NDL Ventures Limited
FY 2025-26 filings availableNDL Ventures Limited reported revenue of ₹4.04 Cr (down 3.8% YoY) for FY 2025-26.
Financial Highlights
FY 2021-22 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,080 | 975 | 1,000 | 665 | 840 | 785 | 671 |
| Revenue growth | +10.8% | -2.5% | +50.4% | -20.8% | +7.0% | +17.0% | - |
| EBITDA | 188 | 206 | (58.09) | (146) | 48.70 | 59.00 | 119 |
| EBITDA margin | +17.4% | +21.1% | -5.8% | -22.0% | +5.8% | +7.5% | +17.7% |
| Profit before tax | (103) | (112) | (219) | (333) | (226) | (186) | (52.59) |
| Net profit | (21.90) | (29.59) | (168) | (291) | (173) | (56.47) | (125) |
| Net profit margin | -2.0% | -3.0% | -16.8% | -43.8% | -20.6% | -7.2% | -18.6% |
| EPS (₹) | (3.77) | (12.12) | (81.93) | 0.00 | (84.18) | (27.54) | (39.51) |
| Balance sheet | |||||||
| Total assets | 1,719 | 1,374 | 1,364 | 1,857 | 2,733 | 1,832 | 2,031 |
| Net worth | 348 | 82.70 | 123 | 538 | 902 | 450 | 660 |
| Total debt | 1,190 | 1,136 | 1,088 | 1,204 | 1,555 | 1,232 | 1,324 |
| Cash & bank | 49.83 | 108 | 125 | 109 | 110 | 87.64 | 81.85 |
| Net working capital | 23.33 | (126) | (33.24) | (200) | (40.47) | 426 | 366 |
| Cash flow | |||||||
| Cash from operations | (26.51) | 166 | (138) | (198) | (60.77) | 101 | 548 |
| Cash from investing | (152) | 8.67 | 630 | 576 | 32.23 | 199 | (605) |
| Cash from financing | 195 | (189) | (497) | (387) | 31.08 | (304) | 77.28 |
| Particulars | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 245 | 237 | 313 | 250 | 271 | 247 | 265 | 251 |
| Revenue growth (YoY) | -9.4% | -4.1% | +17.9% | -0.7% | +17.7% | - | - | - |
| Other income | 26.10 | 42.25 | 31.93 | 14.66 | 6.80 | 20.08 | 12.97 | 10.08 |
| EBITDA | 30.58 | 11.34 | 68.64 | 37.11 | 45.47 | 31.47 | 54.83 | 53.77 |
| EBITDA margin | +12.5% | +4.8% | +21.9% | +14.9% | +16.8% | +12.8% | +20.7% | +21.4% |
| Depreciation | 67.53 | 58.60 | 58.77 | 55.92 | 54.21 | 54.40 | 46.39 | 51.65 |
| Interest | 34.68 | 37.03 | 29.29 | 35.83 | 35.69 | 35.32 | 33.30 | 35.68 |
| Profit before tax | (45.53) | (42.04) | 12.51 | (39.98) | (37.63) | (38.17) | (11.89) | (23.48) |
| Tax | 0.83 | (2.78) | (71.95) | (13.40) | (10.23) | (9.59) | (25.81) | (25.18) |
| Net profit | (46.36) | (39.26) | 84.46 | (26.58) | (27.40) | (28.58) | 13.92 | 1.70 |
| EPS (₹) | (14.24) | (11.55) | 27.50 | (11.17) | (12.59) | (13.07) | 3.70 | (1.81) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4.04 | 4.20 | 4.61 | 0.00 | 69.30 | 695 | 814 |
| Revenue growth | -3.8% | -8.9% | - | -100.0% | -90.0% | -14.6% | - |
| EBITDA | 0.37 | 0.30 | 0.51 | (2.25) | (89.00) | 148 | (71.69) |
| EBITDA margin | +9.2% | +7.1% | +11.1% | - | -128.4% | +21.3% | -8.8% |
| Profit before tax | 1.23 | 1.04 | 1.80 | 0.27 | (89.00) | (149) | (221) |
| Net profit | 0.91 | 0.60 | 1.61 | 0.27 | 43.21 | (54.95) | (117) |
| Net profit margin | +22.5% | +14.3% | +34.9% | - | +62.4% | -7.9% | -14.3% |
| EPS (₹) | 0.27 | 0.18 | 0.48 | 0.08 | (26.43) | (21.83) | (56.77) |
| Balance sheet | |||||||
| Total assets | 59.57 | 60.06 | 62.81 | 67.93 | 81.10 | 1,263 | 1,384 |
| Net worth | 59.29 | 60.05 | 62.76 | 67.89 | 81.10 | 233 | 296 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,020 | 1,066 |
| Cash & bank | 5.53 | 4.97 | 4.62 | 11.30 | 1.41 | 88.74 | 102 |
| Net working capital | 57.96 | 58.37 | 61.47 | 66.86 | 80.40 | (177) | (44.00) |
| Cash flow | |||||||
| Cash from operations | (4.68) | (4.21) | (10.73) | 74.87 | 34.40 | 121 | 225 |
| Cash from investing | 6.82 | 7.67 | 10.20 | (54.00) | (188) | 48.92 | 187 |
| Cash from financing | (1.68) | (3.37) | (6.73) | (13.47) | 148 | (179) | (421) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 1.27 | 1.27 | 1.26 | 1.20 | 1.16 | 1.14 | 1.17 | 1.24 |
| Total expenses | 1.15 | 1.06 | 0.95 | 0.82 | 0.84 | 0.93 | 1.07 | 0.99 |
| EBITDA | (1.15) | (1.06) | (0.95) | (0.82) | (0.84) | (0.93) | (1.07) | (0.99) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.12 | 0.21 | 0.31 | 0.38 | 0.32 | 0.21 | 0.10 | 0.25 |
| Tax | 0.03 | 0.06 | 0.08 | 0.09 | 0.08 | 0.07 | 0.04 | 0.04 |
Financial Statements
| Particulars | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 245 | 237 | 313 | 250 | 271 | 247 | 265 | 251 |
| Revenue growth (YoY) | -9.4% | -4.1% | +17.9% | -0.7% | +17.7% | - | - | - |
| Other income | 26.10 | 42.25 | 31.93 | 14.66 | 6.80 | 20.08 | 12.97 | 10.08 |
| EBITDA | 30.58 | 11.34 | 68.64 | 37.11 | 45.47 | 31.47 | 54.83 | 53.77 |
| EBITDA margin | +12.5% | +4.8% | +21.9% | +14.9% | +16.8% | +12.8% | +20.7% | +21.4% |
| Depreciation | 67.53 | 58.60 | 58.77 | 55.92 | 54.21 | 54.40 | 46.39 | 51.65 |
| Interest | 34.68 | 37.03 | 29.29 | 35.83 | 35.69 | 35.32 | 33.30 | 35.68 |
| Profit before tax | (45.53) | (42.04) | 12.51 | (39.98) | (37.63) | (38.17) | (11.89) | (23.48) |
| Tax | 0.83 | (2.78) | (71.95) | (13.40) | (10.23) | (9.59) | (25.81) | (25.18) |
| Net profit | (46.36) | (39.26) | 84.46 | (26.58) | (27.40) | (28.58) | 13.92 | 1.70 |
| EPS (₹) | (14.24) | (11.55) | 27.50 | (11.17) | (12.59) | (13.07) | 3.70 | (1.81) |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,080 | 975 | 1,000 | 665 | 840 | 785 | 671 |
| Revenue growth | +10.8% | -2.5% | +50.4% | -20.8% | +7.0% | +17.0% | - |
| Other income | 72.39 | 36.03 | 162 | 75.49 | 24.22 | 41.09 | 52.86 |
| Total expenses | 892 | 769 | 1,058 | 811 | 791 | 726 | 552 |
| Employee cost | 76.28 | 80.09 | 70.91 | 49.33 | 53.39 | 55.74 | 81.46 |
| EBITDA | 188 | 206 | (58.09) | (146) | 48.70 | 59.00 | 119 |
| EBITDA margin | +17.4% | +21.1% | -5.8% | -22.0% | +5.8% | +7.5% | +17.7% |
| Depreciation | 223 | 204 | 197 | 153 | 150 | 124 | 88.52 |
| Interest | 141 | 150 | 126 | 110 | 149 | 162 | 135 |
| Profit before tax | (103) | (112) | (219) | (333) | (226) | (186) | (52.59) |
| Tax | (105) | (98.20) | (85.21) | 9.67 | 5.30 | 17.55 | 37.61 |
| Net profit | (21.90) | (29.59) | (168) | (291) | (173) | (56.47) | (125) |
| Net profit margin | -2.0% | -3.0% | -16.8% | -43.8% | -20.6% | -7.2% | -18.6% |
| EPS (₹) | (3.77) | (12.12) | (81.93) | 0.00 | (84.18) | (27.54) | (39.51) |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.67 | 24.05 | 20.56 | 20.56 | 20.56 | 20.56 | 20.56 |
| Reserves & surplus | 314 | 58.65 | 99.33 | 517 | 882 | 429 | 639 |
| Shareholders' funds (net worth) | 348 | 82.70 | 123 | 538 | 902 | 450 | 660 |
| Minority interest | 154 | 138 | 124 | 18.25 | (40.02) | 141 | 11.36 |
| Secured loans | 189 | 324 | 731 | 1,119 | 1,450 | 1,143 | 1,199 |
| Unsecured loans | 1,002 | 812 | 356 | 84.94 | 105 | 88.92 | 125 |
| Total debt | 1,190 | 1,136 | 1,088 | 1,204 | 1,555 | 1,232 | 1,324 |
| Total liabilities | 1,719 | 1,374 | 1,364 | 1,857 | 2,733 | 1,832 | 2,031 |
| Assets | |||||||
| Gross block | 1,730 | 1,626 | 1,701 | 1,143 | 1,096 | 1,471 | 1,289 |
| Net block | 1,180 | 1,152 | 1,162 | 768 | 854 | 844 | 767 |
| Capital work in progress | 6.26 | 9.99 | 12.19 | 22.35 | 12.63 | 24.53 | 195 |
| Investments | 12.13 | 12.57 | 7.72 | 1,226 | 1,825 | 351 | 525 |
| Inventories | 24.35 | 46.00 | 46.50 | 38.22 | 40.44 | 433 | 504 |
| Sundry debtors | 78.76 | 71.18 | 76.78 | 95.33 | 122 | 158 | 190 |
| Cash & bank balances | 49.83 | 108 | 125 | 109 | 110 | 87.64 | 81.85 |
| Loans & advances | 175 | 153 | 311 | 112 | 54.93 | 83.56 | 111 |
| Total current assets | 328 | 378 | 560 | 355 | 328 | 763 | 887 |
| Total current liabilities | 305 | 504 | 593 | 555 | 368 | 337 | 521 |
| Net working capital | 23.33 | (126) | (33.24) | (200) | (40.47) | 426 | 366 |
| Total assets | 1,719 | 1,374 | 1,364 | 1,857 | 2,733 | 1,832 | 2,031 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Opening cash | 13.07 | 26.94 | 31.55 | 39.96 | 37.42 | 74.20 | 54.23 |
| Net cash from operating activities | (26.51) | 166 | (138) | (198) | (60.77) | 101 | 548 |
| Net cash from investing activities | (152) | 8.67 | 630 | 576 | 32.23 | 199 | (605) |
| Net cash from financing activities | 195 | (189) | (497) | (387) | 31.08 | (304) | 77.28 |
| Net change in cash | 15.70 | (13.87) | (4.62) | (8.41) | 2.54 | (4.51) | 19.96 |
| Closing cash | 49.83 | 108 | 125 | 109 | 110 | 87.64 | 81.85 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.8% | -2.5% | +50.4% | -20.8% | +7.0% | +17.0% | - |
| EBITDA growth | -8.5% | +454.1% | +60.3% | -400.2% | -17.5% | -50.2% | - |
| PBT growth | +7.9% | +48.9% | +34.2% | -47.7% | -21.1% | -254.4% | -44.8% |
| Net income growth | +26.0% | +82.4% | +42.2% | -68.5% | -206.4% | +54.7% | - |
| Revenue CAGR (3Y) | +17.5% | +5.1% | +8.4% | -0.3% | +3.6% | +0.8% | -1.3% |
| EBITDA CAGR (3Y) | - | +61.7% | - | - | -23.8% | -24.6% | -19.0% |
| Profitability & leverage | |||||||
| Net income margin | +0.2% | -1.4% | -13.4% | -51.6% | -27.5% | -26.0% | -13.5% |
| Return on capital employed | +2.5% | 0.0% | 0.0% | 0.0% | -3.5% | -1.3% | +2.1% |
| Return on net worth | +0.6% | 0.0% | 0.0% | 0.0% | -34.2% | -36.8% | -18.8% |
| Debt / equity | 5.40 | 10.79 | 3.46 | 1.92 | 2.06 | 2.31 | 1.67 |
| Long-term debt / equity | 1.66 | 3.61 | 1.36 | 1.41 | 1.68 | 1.56 | 1.20 |
| Interest cover | -399.86 | 8,712.21 | -49.25 | -36.71 | -146.87 | -249.71 | 451.62 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.64 | 0.59 | 0.70 | 0.59 | 0.65 | 0.57 | 0.57 |
| Inventory turnover | 30.70 | 21.08 | 23.61 | 16.91 | 3.54 | 1.68 | 1.42 |
| Debtors turnover | 14.40 | 13.18 | 11.62 | 6.11 | 5.99 | 4.51 | 2.47 |
| EPS (₹) | (3.77) | (12.12) | (81.93) | 0.00 | (84.18) | (27.54) | (39.51) |
| Dividend per share (₹) | 4.00 | 4.00 | 5.00 | 17.50 | 17.50 | 17.50 | 17.50 |
| Book value per share (₹) | 103.35 | 34.38 | 58.32 | 261.70 | 438.96 | 218.43 | 320.78 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 1.27 | 1.27 | 1.26 | 1.20 | 1.16 | 1.14 | 1.17 | 1.24 |
| Total expenses | 1.15 | 1.06 | 0.95 | 0.82 | 0.84 | 0.93 | 1.07 | 0.99 |
| EBITDA | (1.15) | (1.06) | (0.95) | (0.82) | (0.84) | (0.93) | (1.07) | (0.99) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.12 | 0.21 | 0.31 | 0.38 | 0.32 | 0.21 | 0.10 | 0.25 |
| Tax | 0.03 | 0.06 | 0.08 | 0.09 | 0.08 | 0.07 | 0.04 | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4.04 | 4.20 | 4.61 | 0.00 | 69.30 | 695 | 814 |
| Revenue growth | -3.8% | -8.9% | - | -100.0% | -90.0% | -14.6% | - |
| Other income | 0.86 | 0.74 | 1.29 | 2.52 | 0.00 | 15.12 | 156 |
| Total expenses | 3.67 | 3.90 | 4.10 | 2.25 | 158 | 547 | 885 |
| Employee cost | 1.93 | 1.94 | 2.04 | 0.74 | 0.00 | 56.88 | 54.67 |
| EBITDA | 0.37 | 0.30 | 0.51 | (2.25) | (89.00) | 148 | (71.69) |
| EBITDA margin | +9.2% | +7.1% | +11.1% | - | -128.4% | +21.3% | -8.8% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 179 | 184 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 134 | 121 |
| Profit before tax | 1.23 | 1.04 | 1.80 | 0.27 | (89.00) | (149) | (221) |
| Tax | 0.32 | 0.44 | 0.19 | 0.00 | 0.00 | (96.74) | (104) |
| Net profit | 0.91 | 0.60 | 1.61 | 0.27 | 43.21 | (54.95) | (117) |
| Net profit margin | +22.5% | +14.3% | +34.9% | - | +62.4% | -7.9% | -14.3% |
| EPS (₹) | 0.27 | 0.18 | 0.48 | 0.08 | (26.43) | (21.83) | (56.77) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.67 | 33.67 | 33.67 | 33.67 | 33.67 | 24.05 | 20.56 |
| Reserves & surplus | 25.62 | 26.38 | 29.09 | 34.22 | 47.43 | 209 | 276 |
| Shareholders' funds (net worth) | 59.29 | 60.05 | 62.76 | 67.89 | 81.10 | 233 | 296 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 324 | 580 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 697 | 486 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,020 | 1,066 |
| Total liabilities | 59.57 | 60.06 | 62.81 | 67.93 | 81.10 | 1,263 | 1,384 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,273 | 1,451 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 837 | 906 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.50 | 13.12 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 349 | 349 |
| Inventories | 12.02 | 12.02 | 12.02 | 12.02 | 12.02 | 43.22 | 41.87 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 42.04 | 32.06 |
| Cash & bank balances | 5.53 | 4.97 | 4.62 | 11.30 | 1.41 | 88.74 | 102 |
| Loans & advances | 45.94 | 47.64 | 50.93 | 56.17 | 68.45 | 71.89 | 291 |
| Total current assets | 63.49 | 64.63 | 67.57 | 79.49 | 81.88 | 246 | 467 |
| Total current liabilities | 5.53 | 6.26 | 6.10 | 12.63 | 1.48 | 423 | 511 |
| Net working capital | 57.96 | 58.37 | 61.47 | 66.86 | 80.40 | (177) | (44.00) |
| Total assets | 59.57 | 60.06 | 62.81 | 67.93 | 81.10 | 1,263 | 1,384 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.23 | 0.14 | 7.40 | 0.00 | 5.83 | 13.65 | 21.88 |
| Net cash from operating activities | (4.68) | (4.21) | (10.73) | 74.87 | 34.40 | 121 | 225 |
| Net cash from investing activities | 6.82 | 7.67 | 10.20 | (54.00) | (188) | 48.92 | 187 |
| Net cash from financing activities | (1.68) | (3.37) | (6.73) | (13.47) | 148 | (179) | (421) |
| Net change in cash | 0.45 | 0.09 | (7.26) | 7.40 | (5.83) | (8.43) | (8.23) |
| Closing cash | 5.53 | 4.97 | 4.62 | 11.30 | 1.41 | 88.74 | 102 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -3.8% | -8.9% | - | -100.0% | -90.0% | -14.6% | - |
| EBITDA growth | +23.3% | -41.2% | +122.7% | +97.5% | -160.1% | +306.5% | - |
| PBT growth | +18.3% | -42.2% | +566.7% | +9998.0% | +40.4% | +32.5% | +56.1% |
| Net income growth | +51.7% | -62.7% | +496.3% | -99.4% | +178.6% | +52.9% | - |
| Revenue CAGR (3Y) | - | -60.7% | -81.2% | -100.0% | -51.2% | +40.1% | +59.2% |
| EBITDA CAGR (3Y) | - | - | -84.9% | -68.5% | -29.9% | -12.5% | - |
| Profitability & leverage | |||||||
| Net income margin | +22.5% | +14.3% | +34.9% | - | -128.4% | -7.6% | -14.3% |
| Return on capital employed | +2.0% | +1.7% | +2.8% | +0.4% | +6.4% | -1.2% | -6.0% |
| Return on net worth | +1.5% | +1.0% | +2.5% | +0.4% | +27.5% | -19.8% | -24.4% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 3.25 | 3.94 | 2.37 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 1.14 | 1.43 | 0.97 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -438.50 | -47.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.51 | 0.60 |
| Inventory turnover | 0.41 | 0.41 | 0.49 | 0.00 | 2.51 | 16.33 | 20.32 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 3.30 | 18.75 | 14.73 |
| EPS (₹) | 0.27 | 0.18 | 0.48 | 0.08 | (26.43) | (21.83) | (56.77) |
| Dividend per share (₹) | 0.50 | 0.50 | 1.00 | 2.00 | 4.00 | 4.00 | 5.00 |
| Book value per share (₹) | 17.61 | 17.83 | 18.64 | 20.16 | 24.08 | 96.96 | 144.13 |
To see the full year-wise statements and ratios of NDL Ventures Limited, buy the company report.
Board of directors of NDL Ventures Limited
NDL Ventures has 6 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
NDL Ventures Limited is audited by S K Patodia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Patodia & Associates | FY 2023 | 112723W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 66.20%, foreign institutional investors hold 5.40%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 28.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 66.20% | 66.20% | 66.20% | 66.20% |
| Public | 33.80% | 33.80% | 33.80% | 33.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2017 | 100142928 | Others | ₹5 Cr | Satisfied | |
| 30 Nov 2017 | 100142013 | Others | ₹5 Cr | Satisfied | |
| 29 Sep 2016 | 100057097 | Others | ₹27 Cr | Satisfied | |
| 30 Jun 2016 | 100040850 | Others | ₹62 Cr | Satisfied | |
| 20 Jun 2016 | 100035664 | Others | ₹50 Cr | Satisfied |
To see the full charge records of NDL Ventures Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
NDL Ventures Limited has 60 deals on record (56 market trades, 2 acquisitions, 1 funding round), with disclosed funding of ₹300 Cr; the latest was in March 2026.
Deals on record (5 of 60)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹3.09 Cr | Buyer: V A Shah Comsec Trading & Co Seller: Vallabh Realtors Pvt Ltd |
| Aug 2025 | Market trade | ₹2.22 Cr | Buyer: Neo Apex Share Broking Services LLP Seller: Neo Apex Share Broking Services LLP |
| Jul 2024 | Market trade | ₹2.44 Cr | Seller: Reliance Value Services Private Limited |
| Jul 2024 | Market trade | ₹3.5 Cr | Seller: Reliance Value Services Private Limited |
| Jun 2022 | Market trade | ₹29.05 Cr | Buyer: Hinduja Realty Ventures Limited Seller: Aasia Exports |
To see the full deal history of NDL Ventures Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
NDL Ventures Limited has 83 court cases on record: 45 filed by NDL Ventures, 39 filed against it. 19 cases are pending and 64 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 56 | 23 | 8 |
| District courts | 18 | 10 | 7 |
| Supreme Court | 7 | 6 | 4 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Den Satellite Network Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Information TV Pvt Ltd | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Den Satellite Network Private Limited and 1 other | Disposed |
| District court, Central, Delhi | Commercial suit | Filed against the company by Super Cassettes Industries Private Limited | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed against the company by Ifb Industries Limited, | Disposed |
To see the full case history of NDL Ventures 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
NDL Ventures Limited has 5 MSME Form 1 returns on record between 2021 and 2022, listing 155 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Insight Business Machines Private Limited | |||
| an individual supplier | |||
| Height 8 Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of NDL Ventures Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
NDL Ventures Limited has a workforce of 4 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
NDL Ventures has 20 GST registrations: 18 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH2058N2ZD | Maharashtra | Active | 27 Jul 2020 |
| 29AAACH2058N3Z8 | Karnataka | Active | 25 Mar 2018 |
| 07AAACH2058N1ZG | Delhi | Active | 07 Jun 2018 |
| 30AAACH2058N1ZR | Goa | Active | 23 Jul 2018 |
To see the full GST registrations and return filing status of NDL Ventures Limited, buy the company report.
Recent activity
NDL Ventures Limited has 24 board changes on record since 2007: 6 appointments and 18 cessations. The latest: Vandana Deepak Jaisingh was appointed as Director on 18 Feb 2025.
67 earlier events are in the company report.
News
Frequently asked questions
NDL Ventures is an active public limited company based in Mumbai, Maharashtra, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 18 July 1985 (41+ years old) and is registered under CIN L65100MH1985PLC036896. Listed on BSE: 500189 and NSE: NDLVENTURE.
NDL Ventures reported revenue of ₹4.04 Cr for FY 2025-26 (down 3.8% YoY) based on standalone financials.
NDL Ventures has 6 current directors:
- Amar Chintopanth - Whole-Time Director
- Debabrata Sarkar - Director
- Munesh Narinder Khanna - Director
- Sudhanshu Kumar Tripathi - Director
- Vandana Deepak Jaisingh - Director
- Sachin Sundaram Pillai - Director
The latest financial statements of NDL Ventures on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of NDL Ventures is 27AAACH2058N2ZD, registered in Maharashtra. The company has 20 GST registrations in all, of which 18 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACH2058N3Z8 (Karnataka), 07AAACH2058N1ZG (Delhi), 30AAACH2058N1ZR (Goa).
The CIN (Corporate Identification Number) of NDL Ventures is L65100MH1985PLC036896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. NDL Ventures is a listed company as per MCA records. Its shares are listed on both BSE (code: 500189) and NSE (symbol: NDLVENTURE).
NDL Ventures has 83 court cases on record: 45 filed by the company and 39 filed against it. 19 are pending. Most are in the high courts.
NDL Ventures was incorporated on 18 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
NDL Ventures has 60 deals on record (56 market trades, 2 acquisitions, 1 funding round), with disclosed funding of ₹300 Cr; the latest was in March 2026.
Vandana Deepak Jaisingh was appointed as Director on 18 Feb 2025. Debabrata Sarkar was appointed as Director on 08 Aug 2024. Anil Harish ceased to be Director on 08 Jul 2024. NDL Ventures has 24 board changes on record in total.

