
About Reliance Bhutan Limited
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Reliance Bhutan Limited is a public limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Reliance Infratel Limited. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 16 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2001PLC131597. Its GSTIN is 27AACCR0190B1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Reliance Digital Home Services Limited and Reliance Infocomm Solutions Limited. It is led by directors including Sachin Khopde and Pinaki Saha.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hblock 1 Stfloordhirubhaiambaniknowledgecity Kopark, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹33,600, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹19,100 (net margin 56.8%) and EBITDA of ₹25,500 (EBITDA margin 75.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over five years.
As per MCA filings, the company has satisfied charges of ₹7.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relianceada.com.
Company details
Name history
Reliance Bhutan has undergone 2 name changes throughout its history. The company was previously known as Reliance Digital Home Services Limited, and Reliance Infocomm Solutions Limited. The current legal name is Reliance Bhutan Limited.
| Company Name | Status |
|---|---|
| Reliance Bhutan Limited | Current |
| Reliance Digital Home Services Limited | Previous |
| Reliance Infocomm Solutions Limited | Previous |
CIN history
Reliance Bhutan has one previous CIN (Corporate Identification Number): L72900MH2001PLC131597. The current CIN is U72900MH2001PLC131597, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2001PLC131597 | Current |
| L72900MH2001PLC131597 | Previous |
Contact details
Reliance Bhutan Limited's registered office is in Navi Mumbai, Maharashtra. Its website is relianceada.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHblock 1 Stfloordhirubhaiambaniknowledgecity Koparkh, Airanne, Navi Mumbai, Maharashtra, India – 400710
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Reliance Bhutan 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
Financials of Reliance Bhutan Limited
FY 2025 filings availableReliance Bhutan Limited reported revenue of ₹33,600 (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 31% growth in the latest year. EBITDA rose 377% 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 | ₹25,500 | ||||
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| Net Profit (PAT) | ₹19,100 | ||||
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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 | 75.9% | ||||
| Net Profit Margin | 56.8% | ||||
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To see the full financial statements and ratios of Reliance Bhutan Limited, buy the company report.
Board of directors of Reliance Bhutan Limited
Reliance Bhutan has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Khopde | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Pinaki Saha Also directs: Dronagiri Dongri North Infra Limited, Dronagiri Dongri South Infra Limited, Reliance Universal Traders Private Limited and 5 more | Director | 18 Apr 2023 | 3 Years 6 Months | Current |
| Nitesh Gangwal Also directs: Kalamboli North Third Infra Limited, Dronagiri Bokadvira East Infra Limited, Dronagiri Bokadvira North Infra Limited and 5 more | Additional Director | 16 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Reliance Bhutan Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Infrastructure), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Glorax Networks Private Limited | ₹39,238 (FY 2024) | -95.0% | Delhi, India | |||
| Vintel Infracom Private Limited | ₹37,666 (FY 2024) | -100.0% | Imphal, Manipur, India | |||
| Reliance Bhutan Limitedthis company | ₹33,600 (FY 2025) | ₹19,100 | 56.8% | 31.0% | Navi Mumbai, Maharashtra, India | |
| Unique Infosolution Private Limited | ₹17,272 (FY 2025) | 20.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Reliance Bhutan Limited, buy the company report.
Auditor
Reliance Bhutan Limited is audited by Priti V. Mehta & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Priti V. Mehta & Company | FY 2023 | 129568W |
Shareholding
The shareholding of Reliance Bhutan 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 Reliance Bhutan Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2005 | 90151265 | Uti Bank Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Reliance Bhutan Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Reliance Bhutan Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliance Bhutan Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reliance Bhutan has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR0190B1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliance Bhutan Limited, buy the company report.
Recent activity
Reliance Bhutan Limited has 20 board changes on record since 2009: 3 appointments and 17 cessations. The latest: Nitesh Gangwal was appointed as Additional Director on 16 Sep 2024.
13 earlier events are in the company report.
News
Frequently asked questions
Reliance Bhutan is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 16 April 2001 (25+ years old) and is registered under CIN U72900MH2001PLC131597.
Reliance Bhutan has 3 current directors:
- Sachin Khopde - Director
- Pinaki Saha - Director
- Nitesh Gangwal - Additional Director
The latest financial statements of Reliance Bhutan on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliance Bhutan is 27AACCR0190B1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Reliance Bhutan is U72900MH2001PLC131597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Bhutan was incorporated on 16 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reliance Bhutan by revenue are Glorax Networks Private Limited, Vintel Infracom Private Limited, Unique Infosolution Private Limited, all in the Telecom industry (Telecom Infrastructure), with the same principal business activity (other information & communication service activities).
Nitesh Gangwal was appointed as Additional Director on 16 Sep 2024. Harshad Vikram Nerurkar ceased to be Additional Director on 26 Aug 2024. Jitendra Prasad Gupta ceased to be Additional Director on 27 Sep 2023. Reliance Bhutan has 20 board changes on record in total.
Reliance Bhutan can be reached through the website relianceada.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Reliance Bhutan is at Hblock 1 Stfloordhirubhaiambaniknowledgecity Koparkh, Airanne, Navi Mumbai, Maharashtra, India – 400710.
Reliance Bhutan operates in the telecom industry, in the telecom infrastructure segment.

