MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0070555
Silverline Technologies Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Active Listed Suspended on BSE since 20 Apr 2012 · penal reasons Public Limited Company information technology MSME
Revenue · FY 2025
₹33.71 Cr
▲ 1857% YoY
Net loss · FY 2025
₹42.7 Lakh
Net margin -1.3%
EBITDA · FY 2025
-₹32.45 Lakh
EBITDA margin -1%
Authorised capital
₹300 Cr
Registered with MCA
Paid-up capital
₹155.93 Cr
Issued & subscribed
Open charges
₹23.34 Cr
Secured borrowings
Company age
34 yrs
Est. 1992
Employees · EPFO
15
Provident fund records
About Silverline Technologies Limited
Data last updated:
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. It is recorded as listed by MCA, but trading in its shares on BSE (500389) has been suspended since 20 Apr 2012 · penal reasons, so they do not currently trade on a stock exchange.
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 71 cases involving the company, including 14 filed by the company and 57 filed against it; 14 cases are pending. The company has 39 deals on record (37 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹95.94 Cr; the latest was in November 2024.
Silverline Technologies Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0070555). 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.
Company details
CIN L46209MH1992PLC066360
Registration Number 066360
Incorporation Date 13 April 1992
ROC Mumbai
Listing Status Listed - Suspended on BSE (500389) since 20 Apr 2012 · penal reasons
Company Status Active
Date of Last AGM 31 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0070555
CIN history
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 |
Key People
Yakinkumar Bansilal Joshi Managing Director Jaykumar Chavada Director Nishaben Manishkumar Patel Director Recognitions & Rankings of Silverline Technologies
Contact details
Silverline Technologies Limited's registered office is in Thane, Maharashtra. Its website is silverlinetechnology.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Silverline Technologies Limited, buy the company report.
Comprehensive company report
Silverline Technologies 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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Secure checkout · GST invoice included
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Silverline Technologies Limited, buy the company report.
Financials of Silverline Technologies Limited
FY 2025 filings availableSilverline Technologies Limited reported revenue of ₹33.71 Cr (up 1857% YoY) for FY 2025.
Revenue · FY 2025
₹33.71 Cr ▲ 1857%
Net loss · FY 2025
₹42.7 Lakh margin -1.3%
EBITDA · FY 2025
-₹32.45 Lakh margin -1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 100%
5 years · compounded
▲ 64%
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
| 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 | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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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 | -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 | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Silverline Technologies Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yakinkumar Bansilal Joshi Also directs: Silverline Movie Media Private Limited | Managing Director | 18 Aug 2024 | 2 Years 2 Months | Current |
| Jaykumar Chavada | Director | 12 Dec 2025 | 0 Years 10 Months | Current |
| Nishaben Manishkumar Patel | Director | 12 Dec 2025 | 0 Years 10 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 |
Auditor
Silverline Technologies Limited is audited by JMT & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JMT & Associates | FY 2024 | 104167W |
Shareholding
The shareholding of Silverline Technologies Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Silverline Technologies Limited, buy the company report.
Charges & borrowings
Open charges
₹23.34 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2022 | 100656326 | Others | ₹23.34 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Silverline Technologies Limited has 39 deals on record (37 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹95.94 Cr; the latest was in November 2024.
Total deals
39
Market trades
37
Funding round
1
Acquisition
1
Disclosed funding
₹95.94 Cr
Deals on record (5 of 39)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2009 | Market trade | ₹29.7 Lakh | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
| Oct 2009 | Market trade | ₹1.7 Cr | Buyer: JMP Securities Private Limited , Angel One Limited Seller: JMP Securities Private Limited |
| Oct 2009 | Market trade | ₹2.4 Cr | Buyer: JMP Securities Private Limited , Angel One Limited Seller: Copthall Mauritius Investment Limited, JMP Securities Private Limited , Angel One Limited |
| Oct 2009 | Market trade | ₹49.9 Lakh | Buyer: JMP Securities Private Limited , Angel One Limited Seller: Copthall Mauritius Investment Limited |
| Aug 2009 | Market trade | ₹30.6 Lakh | Buyer: GRD Securities Limited |
To see the full deal history of Silverline Technologies 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
Silverline Technologies Limited has 71 court cases on record: 14 filed by Silverline Technologies, 57 filed against it. 14 cases are pending and 57 are disposed.
Total cases
71
Filed by the company
14
Filed against the company
57
Pending
14
Disposed
57
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 40 | 13 |
| High courts | 27 | 17 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Revision petition | Filed against the company by M/S. Transcorp International Ltd., | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Americorp Capital Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Global Trust Bank Ltd. and 9 others | Disposed |
| Bombay High Court | Court case (APPLN) | Filed by the company against Canara Bank and Anr. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Maina Caterers Pvt. Ltd. | Disposed |
To see the full case history of Silverline Technologies 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 Silverline Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silverline Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7365M3ZR | Maharashtra | Active | 25 Nov 2024 |
To see the full GST registrations and return filing status of Silverline Technologies Limited, buy the company report.
Recent activity
Silverline Technologies Limited has 40 board changes on record since 1992: 25 appointments and 15 cessations. The latest: Om Patel was appointed as Director on 30 May 2026.
Appointed
Om Patel was appointed as Director.
Appointed
Valay Girishbhai Chauhan was appointed as Director.
Appointed
Jaykumar Chavada was appointed as Director.
Appointed
Nishaben Manishkumar Patel was appointed as Director.
AGM
Silverline Technologies Limited last Annual general meeting of members was held on 31 Oct 2025 as per latest MCA records.
Ceased
Chinmay Shrikant Pradhan ceased to be Director.
Appointed
Nayankumar Sureshbhai Patel was appointed as Director.
Ceased
Nivedita Sen ceased to be Director.
Appointed
Sunny Jagapatrai Rai was appointed as Director.
Ceased
Tathagata Sarkar ceased to be Director.
Filing
Silverline Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Manoj Sambhaji Sawant ceased to be Director.
32 earlier events are in the company report.
News
Frequently asked questions
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.
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
The latest financial statements of Silverline Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 October 2025. Year-wise statements from 2015 are in the company report.
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.
Silverline Technologies is recorded as a listed company by MCA, but trading in its shares on BSE (500389) has been suspended since 20 Apr 2012 · penal reasons, so they do not currently trade on a stock exchange.
Silverline Technologies has 71 court cases on record: 14 filed by the company and 57 filed against it. 14 are pending. Most are in the district courts.
Silverline Technologies was incorporated on 13 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Silverline Technologies has 39 deals on record (37 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹95.94 Cr; the latest was in November 2024.
Om Patel was appointed as Director on 30 May 2026. Valay Girishbhai Chauhan was appointed as Director on 30 May 2026. Jaykumar Chavada was appointed as Director on 12 Dec 2025. Silverline Technologies has 40 board changes on record in total.