
About Kal Airways Private Limited
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Kal Airways Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 06 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U62200TN2010PTC075601. Its GSTIN is 33AADCK9818J1Z9 (Tamil Nadu). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹1,333.72 Cr. It is led by directors including Swaminathan Kalyanaraman (Managing Director) and Krishnaswamy Vijaykumar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Murasoli Maran Towers 73 Mrc Nagar Main Road Mrc Nagar, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2025, the company reported a revenue of ₹290.99 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹30.76 Cr (net margin 10.6%) and EBITDA of ₹49.56 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 79% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sun Network. As per MCA filings, the company has open charges of ₹130 Cr and satisfied charges of ₹200 Cr on record. Court records list 19 cases involving the company, including 6 filed by the company and 13 filed against it; 2 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1,332.94 Cr; the latest was in October 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunnetwork.in.
Company details
Contact details
Kal Airways Private Limited's registered office is in Chennai, Tamil Nadu. Its website is sunnetwork.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressMurasoli Maran Towers 73 Mrc Nagar Main Road Mrc Nagar, Chennai, Tamil Nadu, India – 600028
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Kal Airways Private 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
Kal Airways operates one associated brand: Sun Network. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Television channels and programming across various genres are provided. | sunnetwork.in |
Business activity
The main business activity of Kal Airways is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kal Airways Private Limited, buy the company report.
Financials of Kal Airways Private Limited
FY 2025 filings availableKal Airways Private Limited reported revenue of ₹290.99 Cr (down 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 79%. EBITDA fell 73% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹49.56 Cr | ||||
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| Net Profit (PAT) | ₹30.76 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 17% | ||||
| Net Profit Margin | 10.6% | ||||
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To see the full financial statements and ratios of Kal Airways Private Limited, buy the company report.
Board of directors of Kal Airways Private Limited
Kal Airways has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swaminathan Kalyanaraman Also directs: Kal Comm Private Limited, Red Connect Private Limited, Sun Direct Go Private Limited and 2 more | Managing Director | 13 Mar 2023 | 3 Years 7 Months | Current |
| Krishnaswamy Vijaykumar Also directs: Kal Publications Private Limited, Kal Comm Private Limited, Red Connect Private Limited and 4 more | Director | 05 Sep 2012 | 14 Years 2 Months | Current |
| Kannappan Shanmugam Also directs: Kal Publications Private Limited, Kal Comm Private Limited, Red Connect Private Limited and 5 more | Director | 13 Mar 2023 | 3 Years 7 Months | Current |
Shareholding
The shareholding of Kal Airways Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kal Airways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2021 | 100433596 | Others | ₹30 Cr | Open | |
| 04 Feb 2021 | 100428473 | Others | ₹50 Cr | Open | |
| 05 Jan 2021 | 100418131 | Others | ₹50 Cr | Open | |
| 12 Feb 2015 | 10554801 | Il & Fs Trust Company Limited | ₹200 Cr | Satisfied |
To see the full charge records of Kal Airways Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Kal Airways Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1,332.94 Cr; the latest was in October 2018.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Rights issue | ₹10 Lakh | Investors: an individual |
| Dec 2014 | Funding round | ₹845.26 Cr | Investors: an individual |
To see the full deal history of Kal Airways Private 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
Kal Airways Private Limited has 19 court cases on record: 6 filed by Kal Airways, 13 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 7 | 2 |
| Supreme Court | 8 | 6 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by M/S Spicejet Limited. Through Its Authorized Representative Chandan Sand Indira Gandhi International Airport, Terminal 1D, New Delhi - 110037 ,New Delhi , Delhi and 1 other | Disposed |
| High Court of Delhi | Court case (CONT.CAS(C)) | Filed by the company against Spicejet Limited & Anr. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Spicejet Limited | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Spicejet Limited | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Spicejet Limited | Disposed |
To see the full case history of Kal Airways 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 Kal Airways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kal Airways Private Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Kal Airways has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCK9818J1Z9 | Tamil Nadu | Active | 02 Mar 2020 |
| 33AADCK9818J2Z8 | Tamil Nadu | Active | 23 Jan 2025 |
| 27AADCK9818J1Z2 | Maharashtra | Active | 01 Apr 2020 |
| 36AADCK9818J1Z3 | Telangana | Active | 09 Feb 2024 |
To see the full GST registrations and return filing status of Kal Airways Private Limited, buy the company report.
Recent activity
Kal Airways Private Limited has 11 board changes on record since 2012: 3 appointments and 8 cessations. The latest: Krishnan Ramakrishnan Iyer ceased to be Company Secretary on 31 Oct 2023.
7 earlier events are in the company report.
News
Frequently asked questions
Kal Airways is an active private limited company based in Chennai, Tamil Nadu, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 06 May 2010 (16+ years old) and is registered under CIN U62200TN2010PTC075601.
Kal Airways has 3 current directors:
- Swaminathan Kalyanaraman - Managing Director
- Krishnaswamy Vijaykumar - Director
- Kannappan Shanmugam - Director
The latest financial statements of Kal Airways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kal Airways is 33AADCK9818J1Z9, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 33AADCK9818J2Z8 (Tamil Nadu), 27AADCK9818J1Z2 (Maharashtra), 36AADCK9818J1Z3 (Telangana).
The CIN (Corporate Identification Number) of Kal Airways is U62200TN2010PTC075601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kal Airways has 19 court cases on record: 6 filed by the company and 13 filed against it. 2 are pending. Most are in the high courts.
Kal Airways was incorporated on 06 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Kal Airways has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹1,332.94 Cr; the latest was in October 2018.
Krishnan Ramakrishnan Iyer ceased to be Company Secretary on 31 Oct 2023. Kannappan Shanmugam was appointed as Director on 13 Mar 2023. Swaminathan Kalyanaraman was appointed as Managing Director on 13 Mar 2023. Kal Airways has 11 board changes on record in total.
Kal Airways can be reached through the website sunnetwork.in. Its registered office is in Chennai, Tamil Nadu, India.

