Silverstar Communications Limited
About Silverstar Communications Limited
Data last updated:
Silverstar Communications Limited is a public 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 21 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U32301TN1994PLC027063. Its GSTIN is 33AAECS2218P1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Jayanthi Thangabalu (Managing Director) and Kurichi Thangabalu Karthick.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.12C 6th Main Roadkasturiba Nagar Adyar Madras 600 020, Chennai, Tamil Nadu, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.65 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹5.28 Cr (net margin 19.8%) and EBITDA of ₹6.93 Cr (EBITDA margin 26%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 19% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.6 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 42 cases involving the company, including 28 filed by the company and 14 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.12C 6th Main Roadkasturiba Nagar Adyar Madras 600 020, Chennai, Tamil Nadu, India
- IndustryMedia and Publishing, Television & Radio Broadcasting
- 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
Business Activity of Silverstar Communications Limited
The main business activity of Silverstar Communications is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication 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.
Financials of Silverstar Communications Limited FY 2024 filings available
Silverstar Communications Limited reported revenue of ₹26.65 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Silverstar Communications Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 15% growth in the latest year. EBITDA rose 19% 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 of Silverstar Communications Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.93 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.28 Cr | •••• | •••• | •••• | •••• |
| 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 Silverstar Communications Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.8% | •••• | •••• | •••• | •••• |
| 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 Silverstar Communications 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.
Peer Comparison of Silverstar Communications Limited
Silverstar Communications Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Communications, TV and Radio Broadcasting). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Signet Digital Private Limited | ₹27.02 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Thane, Maharashtra, India |
| Goldier Network Private Limited | ₹26.98 Cr (FY 2024) | •••• | •••• | 353.0% | •••• | Delhi, India |
| Connx Communications Private Limited | ₹26.95 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| Seamless Private Limited | ₹26.79 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Shreyarth Aaspas Limited | ₹26.7 Cr (FY 2023) | •••• | •••• | 30.0% | •••• | Ahmedabad, Gujarat, India |
| Silverstar Communications Limited this company | ₹26.65 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Pratham Broadcast India Private Limited | ₹26.65 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Bhubaneswar, Odisha, India |
| Log Media and Communications Private Limited | ₹26.15 Cr (FY 2020) | •••• | •••• | 77952.0% | •••• | Delhi, India |
| Cinematica Digitals Private Limited | ₹25.9 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Punjab Communications Limited Listed | ₹25.8 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mohali, Punjab, India |
| Aamoda Broadcasting Company Private Limited | ₹25.71 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Silverstar Communications by revenue in the Media and Publishing industry (Communications, TV and Radio Broadcasting), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Silverstar Communications Limited
Auditor information for Silverstar Communications Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Silverstar Communications Limited
Silverstar Communications has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanthi Thangabalu Also directs: Jaya Aqua Farm Limited, Karthik Granites Private Limited, Jay Granites Private Limited and 3 more | Managing Director | 30 Jun 1995 | 31 Years 3 Months | Current |
| Kurichi Thangabalu Karthick Also directs: Jaya Aqua Farm Limited, Karthik Granites Private Limited, Jay Granites Private Limited and 2 more | Director | 21 Feb 2005 | 21 Years 7 Months | Current |
| Kurichi Thangkaballu Indra Also directs: Jaya Aqua Farm Limited, Karthik Granites Private Limited, Jay Granites Private Limited and 3 more | Director | 10 Jun 2007 | 19 Years 4 Months | Current |
| Shiraz Shah Mohammed | Director | 21 Aug 2019 | 7 Years 1 Months | Current |
| Palaniappan Gopi Also directs: Well Knit Enterprises Private Limited | Director | 21 Aug 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Silverstar Communications 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 Silverstar Communications Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2023 | Hdfc Bank Limited | ₹7.27 Cr | Open |
| 21 Apr 2023 | Hdfc Bank Limited | ₹19.5 Lakh | Open |
| 30 Jan 2023 | Hdfc Bank Limited | ₹2.14 Cr | Open |
| 30 Mar 2007 | Bank of India | ₹15 Cr | Open |
| 08 Mar 2008 | Corporation Bank | ₹3 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Silverstar Communications Limited
Silverstar Communications Limited has 42 court cases on record: 28 filed by Silverstar Communications, 14 filed against it. 3 cases are pending and 39 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 3 | 0 |
| High courts | 13 | 11 | 3 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against Sun TV Network Limited | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Sun TV Network Limited | Pending |
| Madras High Court | Appeal | Filed against the company by Sun TV Network Limited | Disposed |
| Madras High Court | Original application | Filed against the company by Sun TV Network Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Raj Television Network Limited | Disposed |
Full case history
All 42 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.
Employees and EPFO Compliance at Silverstar Communications Limited
Silverstar Communications Limited has a workforce of 2 employees as of Mar 30, 2024.
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.
Recent Activity on Silverstar Communications Limited
Silverstar Communications Limited has 7 board changes on record since 1995: 5 appointments and 2 cessations. The latest: Palaniappan Gopi was appointed as Director on 21 Aug 2019.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Silverstar Communications 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 Silverstar Communications 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 Silverstar Communications 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.
GST Compliance of Silverstar Communications Limited
Silverstar Communications has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECS2218P1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Silverstar Communications 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.
Frequently Asked Questions about Silverstar Communications Limited
Silverstar Communications is an active public 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 21 March 1994 (32+ years old) and is registered under CIN U32301TN1994PLC027063.
Silverstar Communications reported revenue of ₹26.65 Cr for FY 2024 (up 15% YoY).
Silverstar Communications has 5 current directors:
- Jayanthi Thangabalu - Managing Director
- Kurichi Thangabalu Karthick - Director
- Kurichi Thangkaballu Indra - Director
- Shiraz Shah Mohammed - Director
- Palaniappan Gopi - Director
Silverstar Communications reported a net profit of ₹5.28 Cr (net margin 19.8%) and EBITDA of ₹6.93 Cr (EBITDA margin 26%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silverstar Communications is 5% over three years and 19% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Silverstar Communications is 33AAECS2218P1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Silverstar Communications is U32301TN1994PLC027063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverstar Communications has 42 court cases on record: 28 filed by the company and 14 filed against it. 3 are pending. Most are in the district courts.
Silverstar Communications was incorporated on 21 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Silverstar Communications by revenue are Signet Digital Private Limited, Goldier Network Private Limited, Connx Communications Private Limited, Seamless Private Limited, Shreyarth Aaspas Limited and 5 more, all in the Media and Publishing industry (Communications, TV and Radio Broadcasting).
Palaniappan Gopi was appointed as Director on 21 Aug 2019. Shiraz Shah Mohammed was appointed as Director on 21 Aug 2019. Palaniappan Gopi ceased to be Director on 14 Sep 2018. Silverstar Communications has 7 board changes on record in total.