MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0006590
Next Radio Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹47.05 Cr
▲ 1% YoY
Net loss · FY 2025
₹22.51 Cr
Net margin -47.8%
EBITDA · FY 2025
₹4.09 Cr
EBITDA margin 8.7%
Authorised capital
₹316.6 Cr
Registered with MCA
Paid-up capital
₹287.74 Cr
Issued & subscribed
Open charges
₹29.62 Cr
Satisfied ₹50.83 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
45
Provident fund records
About Next Radio Limited
Data last updated:
Next Radio Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Hindustan Times Ltd. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 14 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32201MH1999PLC122233. Its GSTIN is 27AABCR6120J1ZG (Maharashtra). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹316.6 Cr and a paid-up capital of ₹287.74 Cr. It was formerly known as Radio Mid-Day West (India) Private Limited and Radio One Limited. It is led by directors including Suchitra Rajendra and Sameer Singh.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.05 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹22.51 Cr (net margin -47.8%) and EBITDA of ₹4.09 Cr (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.62 Cr and satisfied charges of ₹50.83 Cr on record. Court records list 193 cases involving the company, including 142 filed by the company and 51 filed against it; 32 cases are pending. The company has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹103.1 Cr; the latest was in November 2019. Its 4 peer companies in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities) are compared by revenue, 2 larger and 2 smaller; the largest is Msm-Worldwide Factual Media Private Limited with revenue of ₹49.1 Cr. The company has 19 MSME Form 1 returns on record between 2019 and 2024, listing 118 overdue payments to 45 micro and small suppliers.
Next Radio Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0006590). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextmediaworks.com.
Company details
CIN U32201MH1999PLC122233
Registration Number 122233
Incorporation Date 14 October 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2024
Date of Balance Sheet 31 March 2024
Parent Company The Hindustan Times Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0006590
Name history
Next Radio has undergone 3 name changes throughout its history. The company was previously known as Radio Mid-Day West (India) Private Limited, Radio One Limited, and Radio Mid-Day West (India) Limited. The current legal name is Next Radio Limited.
| Company Name | Status |
|---|---|
| Next Radio Limited | Current |
| Radio Mid-Day West (India) Private Limited | Previous |
| Radio One Limited | Previous |
| Radio Mid-Day West (India) Limited | Previous |
Recognitions & Rankings of Next Radio
Contact details
Next Radio Limited's registered office is in Mumbai, Maharashtra. Its website is nextmediaworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 701 A 7th Floor Tower 2 Indiabulls Finance Centre Senapati Bapat Marg Elphinstone, Road, Mumbai, Maharashtra, India – 400013
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Next Radio Limited, buy the company report.
Comprehensive company report
Next Radio Limited - one report that includes everything
- 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
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Business activity
The main business activity of Next Radio is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Next Radio Limited, buy the company report.
Financials of Next Radio Limited
FY 2024 filings availableNext Radio Limited reported revenue of ₹47.05 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹47.05 Cr ▲ 1%
Net loss · FY 2025
₹22.51 Cr margin -47.8%
EBITDA · FY 2025
₹4.09 Cr margin 8.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 14%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 184%
3 years · compounded
▲ 50%
5 years · compounded
▲ 17%
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 184% 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 | ₹4.09 Cr | ||||
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| Net Profit (PAT) | -₹22.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | -47.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Next Radio Limited, buy the company report.
Board of directors and KMP of Next Radio Limited
Next Radio Limited currently reports 5 directors and 2 key managerial personnel. 33 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suchitra Rajendra Also directs: Digicontent Limited, HT Digital Streams Limited, Hindustan Media Ventures Limited and 1 more | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
| Manhar Kapoor | Company Secretary | 15 May 2025 | 1 Years 5 Months | Current |
| Sameer Singh | Director | 15 May 2025 | 1 Years 5 Months | Current |
| Sandeep Rao Also directs: Next Mediaworks Limited, Mosaic Media Ventures Private Limited, Digicontent Limited and 1 more | Director | 01 Jun 2022 | 4 Years 4 Months | Current |
| Samudra Bhattacharya Also directs: Next Mediaworks Limited, Mosaic Media Ventures Private Limited, The Indian Newspaper Society. and 2 more | Director | 30 Dec 2020 | 5 Years 9 Months | Current |
| Ramesh Menon Also directs: HT Music and Entertainment Company Limited | Ceo | 17 Apr 2023 | 3 Years 6 Months | Current |
Showing 6 of 7 current directors and KMP. View all directors and KMP
Peer comparison
Next Radio Limited is compared with the 4 companies closest to it by revenue in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Msm-Worldwide Factual Media Private Limited | ₹49.1 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Hyderabad Media House Private Limited | ₹49.09 Cr (FY 2025) | -38.0% | Hyderabad, Telangana, India | |||
| Next Radio Limitedthis company | ₹47.05 Cr (FY 2025) | -₹22.51 Cr | -47.8% | 1.0% | 45 | Mumbai, Maharashtra, India |
| Sanskar Info TV Private Limited | ₹46.76 Cr (FY 2025) | -6.0% | Noida, Uttar Pradesh, India | |||
| 9X Media Private Limited | ₹44.2 Cr (FY 2025) | -30.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Next Radio Limited, buy the company report.
Auditor
Next Radio Limited is audited by B S R and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Associates | FY 2022 | 128901W |
Shareholding
The shareholding of Next Radio 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 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Next Radio Limited, buy the company report.
Charges & borrowings
Open charges
₹29.62 Cr
Satisfied charges
₹50.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2019 | 100243283 | Others | ₹1.59 Lakh | Open | |
| 12 May 2015 | 10590678 | Others | ₹29.6 Cr | Open | |
| 06 Mar 2013 | 10413745 | Dombivli Nagari Sahakari Bank Limited | ₹6 Cr | Satisfied | |
| 26 Nov 2010 | 10259814 | Axis Bank Limited | ₹7.5 Cr | Satisfied | |
| 30 Dec 2008 | 10138594 | Bank of Baroda | ₹3.32 Cr | Satisfied |
To see the full charge records of Next Radio Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Next Radio Limited has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹103.1 Cr; the latest was in November 2019.
Total deals
12
Secondary share transfers
7
Funding rounds
4
Rights issue
1
Disclosed funding
₹103.1 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ferari Investments And Trading Co. Private Limited |
| Jul 2012 | Rights issue | ₹17.78 Cr | Investors: Next Mediaworks Limited |
| Aug 2009 | Funding round | ₹25.77 Cr | Investors: Next Mediaworks Limited |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: Next Mediaworks Limited Seller: One Audio Limited , Ferari Investments And Trading Co. Private Limited |
| May 2007 | Funding round | ₹25 Cr | Investors: Next Mediaworks Limited , Axis Bank Limited |
To see the full deal history of Next Radio 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
Next Radio Limited has 193 court cases on record: 142 filed by Next Radio, 51 filed against it. 32 cases are pending and 161 are disposed.
Total cases
193
Filed by the company
142
Filed against the company
51
Pending
32
Disposed
161
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 111 | 7 | 19 |
| High courts | 70 | 37 | 11 |
| Supreme Court | 10 | 7 | 1 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 193)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Heritage Infraspace (India) Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Modtraa Marketing Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Finment Capital India Pvt Ltd | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against Qans Consumer Products Private Limited and 1 other | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Popular Publicity and Advertising India Pvt Ltd | Pending |
To see the full case history of Next Radio 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.
Credit ratings & regulatory alerts
Next Radio Limited was last rated by Indiarating on 22 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 22 Apr 2021 |
To see the full credit ratings and regulatory alerts of Next Radio Limited, buy the company report.
MSME payment delays
Next Radio Limited has 19 MSME Form 1 returns on record between 2019 and 2024, listing 118 overdue payments to 45 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 45)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Twirikh Media LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| Imagine Healthfin Private Limited |
To see the full MSME payment records of Next Radio Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Next Radio Limited has a workforce of 45 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
7.14%
GST
Next Radio has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR6120J1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AABCR6120J2ZF | Maharashtra | Active | 10 Apr 2018 |
| 09AABCR6120J1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AABCR6120J1ZD | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Next Radio Limited, buy the company report.
Recent activity
Next Radio Limited has 33 board changes on record since 2007: 7 appointments and 26 cessations. The latest: Manhar Kapoor was appointed as Company Secretary on 15 May 2025.
Appointed
Manhar Kapoor was appointed as Company Secretary.
Appointed
Sameer Singh was appointed as Director.
AGM
Next Radio Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
Filing
Next Radio Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Ajit Dheer ceased to be CEO.
Appointed
Ramesh Menon was appointed as CEO.
Ceased
Anup Sharma ceased to be CFO.
Ceased
Lloyd Mathias ceased to be Additional Director.
Ceased
Sandeep Rao ceased to be Additional Director.
Appointed
Sandeep Rao was appointed as Director.
Ceased
Ramesh Menon ceased to be Ceo(Kmp).
Appointed
Lloyd Mathias was appointed as Director.
40 earlier events are in the company report.
News
Frequently asked questions
Next Radio is an active public limited company based in Mumbai, Maharashtra, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 14 October 1999 (27+ years old) and is registered under CIN U32201MH1999PLC122233.
Next Radio has 7 current directors and KMP:
- Suchitra Rajendra - Director
- Sameer Singh - Director
- Sandeep Rao - Director
- Samudra Bhattacharya - Director
- Lloyd Mathias - Director
- Manhar Kapoor - Company Secretary
- Ramesh Menon - Ceo
The latest financial statements of Next Radio on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Next Radio is 27AABCR6120J1ZG, registered in Maharashtra. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 27AABCR6120J2ZF (Maharashtra), 09AABCR6120J1ZE (Uttar Pradesh), 19AABCR6120J1ZD (West Bengal).
The CIN (Corporate Identification Number) of Next Radio is U32201MH1999PLC122233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Next Radio has 193 court cases on record: 142 filed by the company and 51 filed against it. 32 are pending. Most are in the district courts.
Next Radio was incorporated on 14 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Next Radio has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹103.1 Cr; the latest was in November 2019.
The peers of Next Radio by revenue are Msm-Worldwide Factual Media Private Limited, Hyderabad Media House Private Limited, Sanskar Info TV Private Limited, 9X Media Private Limited, all in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities).
Manhar Kapoor was appointed as Company Secretary on 15 May 2025. Sameer Singh was appointed as Director on 15 May 2025. Ajit Dheer ceased to be CEO on 17 Apr 2023. Next Radio has 33 board changes on record in total.
Yes, Next Radio is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0006590).
Next Radio has 19 MSME Form 1 returns on record between 2019 and 2024, listing 118 overdue payments to 45 micro and small suppliers. The latest return was filed on 30 Apr 2024.