About Silverline Technologies Limited
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Silverline Technologies Limited is a public limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L46209MH1992PLC066360. Its GSTIN is 27AAACS7365M3ZR (Maharashtra). The company holds 3 GST registrations, of which 1 is active. Its shares are listed on BSE: 500389.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹155.93 Cr. It is led by directors including Yakinkumar Bansilal Joshi (Managing Director) and Jaykumar Chavada.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No 509 5th Floor Centrum IT Park, Wagle Industrial Estate Thane West, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹42.7 Lakh (net margin -1.3%) and EBITDA of -₹32.45 Lakh (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years and 64% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Silverline Technologies. As per MCA filings, the company has open charges of ₹23.34 Cr on record. Court records list 69 cases involving the company, including 13 filed by the company and 55 filed against it; 14 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website silverlinetechnology.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No 509 5th Floor Centrum IT Park, Wagle Industrial Estate Thane West, Maharashtra, India – 400604
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
CIN History of Silverline Technologies Limited
Silverline Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L46209MH1992PLC066360, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L46209MH1992PLC066360 | Current |
| L99999MH1992PLC066360 | Previous |
| U99999MH1992PLC066360 | Previous |
Associated Brands with Silverline Technologies Limited
Silverline Technologies operates one associated brand: Silverline Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Application development, digital marketing, and cybersecurity services are provided. | silverlinetechnology.com |
Competitors & Alternatives of Silverline Technologies Limited
Brands and companies operating in the same space as Silverline Technologies Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India | 2011 |
 Mavenir | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States | 2005 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States | 1988 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India | 1975 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 Endava | Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom | 2000 |
 Accenture | IT and management consultancy services are provided globally. | Dublin, Ireland | 1989 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Silverline Technologies Limited
The main business activity of Silverline Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Silverline Technologies Limited
Silverline Technologies Limited is audited by JMT & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JMT & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Silverline Technologies Limited
Silverline Technologies has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yakinkumar Bansilal Joshi Also directs: Silverline Movie Media Private Limited | Managing Director | 18 Aug 2024 | 2 Years 1 Months | Current |
| Jaykumar Chavada | Director | 12 Dec 2025 | 0 Years 9 Months | Current |
| Nishaben Manishkumar Patel | Director | 12 Dec 2025 | 0 Years 9 Months | Current |
| Valay Girishbhai Chauhan | Director | 30 May 2026 | 0 Years 4 Months | Current |
| Om Patel | Director | 30 May 2026 | 0 Years 4 Months | Current |
Financials of Silverline Technologies Limited FY 2025 filings available
Silverline Technologies Limited reported revenue of ₹33.71 Cr (up 1857% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Silverline Technologies Limited
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years. 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 of Silverline Technologies Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹33.71 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹32.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹42.7 Lakh | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Silverline Technologies Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Silverline Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Silverline Technologies Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Silverline Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2022 | Others | ₹23.34 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Silverline Technologies Limited
Employment history and EPFO contributions of people linked to Silverline Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Silverline Technologies Limited
Silverline Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7365M3ZR | Maharashtra | Active | 25 Nov 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Silverline Technologies Limited
Silverline Technologies Limited has 69 court cases on record: 13 filed by Silverline Technologies, 55 filed against it, 1 where it is another party. 14 cases are pending and 55 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 40 | 13 |
| High courts | 26 | 15 | 1 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Revision petition | Filed against the company by Transcorp International Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Global Trust Bank Ltd | Disposed |
| Bombay High Court | Court case (APPLN) | Filed by the company against The Canara Bank Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Maina Caterers Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Jammu and Kashmir Bank Limited | Disposed |
Full case history
All 69 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Silverline Technologies Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Silverline Technologies Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Silverline Technologies Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Silverline Technologies Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Silverline Technologies Limited
Frequently Asked Questions about Silverline Technologies Limited
Silverline Technologies is an active public limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 April 1992 (34+ years old) and is registered under CIN L46209MH1992PLC066360. Listed on BSE: 500389.
Silverline Technologies reported revenue of ₹33.71 Cr for FY 2025 (up 1857% YoY).
Silverline Technologies has 5 current directors:
- Yakinkumar Bansilal Joshi - Managing Director
- Jaykumar Chavada - Director
- Nishaben Manishkumar Patel - Director
- Valay Girishbhai Chauhan - Director
- Om Patel - Director
Silverline Technologies reported a net loss of ₹42.7 Lakh (net margin -1.3%) and EBITDA of -₹32.45 Lakh (EBITDA margin -1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silverline Technologies is 100% over three years and 64% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Silverline Technologies is 27AAACS7365M3ZR, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Silverline Technologies is L46209MH1992PLC066360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Silverline Technologies is listed on BSE with code 500389.
Silverline Technologies has 69 court cases on record: 13 filed by the company and 55 filed against it. 14 are pending. Most are in the district courts.