Southnet Broadband Private Limited

Southnet Broadband Private Limited - business services in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TZ2016PTC027833 Incorporated 27 July 2016 ROC Coimbatore HQ Salem, Tamil Nadu, India
Active Private Limited Company business services
Revenue · FY 2024
₹1.03 Cr
▼ 8% YoY
Net loss · FY 2024
₹5.25 Lakh
Net margin -5.1%
EBITDA · FY 2024
-₹7.32 Lakh
EBITDA margin -7.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹13.5 Lakh
Issued & subscribed
Open charges
₹4.26 Lakh
Satisfied ₹2.2 Lakh
Company age
10 yrs
Est. 2016
Directors on board
6
As per MCA filings

About Southnet Broadband Private Limited

Data last updated:

Southnet Broadband Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 27 July 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2016PTC027833. Its GSTIN is 33AAXCS4991A1Z0 (Tamil Nadu).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.5 Lakh. It is led by directors including Prathapa Chandran and Gunasekaran.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 29 – 1/155 F 1 Balaji Nagar Seelanaickenpatty, Salem, Tamil Nadu, India – 636201.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.03 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹5.25 Lakh (net margin -5.1%) and EBITDA of -₹7.32 Lakh (EBITDA margin -7.1%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 58% over five years.

As per MCA filings, the company has open charges of ₹4.26 Lakh and satisfied charges of ₹2.2 Lakh on record. The company has 1 deal on record (1 rights issue); the latest was in December 2022. Its 9 peer companies in the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 4 larger and 5 smaller; the largest is SRD Properties Pvt Ltd with revenue of ₹1.05 Cr.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999TZ2016PTC027833
Registration Number 027833
Incorporation Date 27 July 2016
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Southnet Broadband Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    29 – 1/155 F 1 Balaji Nagar Seelanaickenpatty, Salem, Tamil Nadu, India – 636201
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services

To see the full contact details of Southnet Broadband Private Limited, buy the company report.

Comprehensive company report
Southnet Broadband Private 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 Southnet Broadband is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ5Wired, wireless or satellite Telecommunication activities

To see the full business activity and turnover split of Southnet Broadband Private Limited, buy the company report.

Financials of Southnet Broadband Private Limited

FY 2025 filings available

Southnet Broadband Private Limited reported revenue of ₹1.03 Cr (down 8% YoY) for FY 2024.

Revenue · FY 2024
₹1.03 Cr ▼ 8%
Net loss · FY 2024
₹5.25 Lakh margin -5.1%
EBITDA · FY 2024
-₹7.32 Lakh margin -7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 34%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▼ 413%
3 years · compounded
▲ 2%
5 years · compounded
▲ 1%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA fell 413% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹7.32 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.25 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-7.1%
Net Profit Margin-5.1%
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

To see the full financial statements and ratios of Southnet Broadband Private Limited, buy the company report.

Board of directors of Southnet Broadband Private Limited

Southnet Broadband has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prathapa ChandranDirector26 Dec 20232 Years 10 MonthsCurrent
GunasekaranDirector01 May 20179 Years 6 MonthsCurrent
Subramani MaheshDirector01 May 20179 Years 6 MonthsCurrent
Nagarajan MunirajaluDirector27 Jul 201610 Years 3 MonthsCurrent
Sankar JayapalDirector27 Jul 201610 Years 3 MonthsCurrent
Mohankumar PrabulingamDirector04 Jul 20188 Years 4 MonthsCurrent

Peer comparison

Southnet Broadband Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SRD Properties Pvt Ltd₹1.05 Cr (FY 2024)2.0%Kolkata, West Bengal, India
Astha Technology Solutions Private Limited₹1.05 Cr (FY 2024)109.0%Surat, Gujarat, India
Sri Krishna Internet Services Private Limited₹1.04 Cr (FY 2025)54.0%Karur, Tamil Nadu, India
MFT Internet Private Limited₹1.03 Cr (FY 2025)-17.0%Howrah, West Bengal, India
Southnet Broadband Private Limitedthis company₹1.03 Cr (FY 2024)-₹5.25 Lakh-5.1%-8.0%Salem, Tamil Nadu, India
Ample Telecommunication Private Limited₹1.03 Cr (FY 2023)-10.0%Lucknow, Uttar Pradesh, India
Axom Internet Services Private Limited₹1.03 Cr (FY 2024)Guwahati, Assam, India
SBS Gigafiber Private Limited₹1.02 Cr (FY 2025)21.0%Pune, Maharashtra, India
Instant Cable Network Private Limited₹1.02 Cr (FY 2025)-22.0%New Delhi, Delhi, India
Rajversen Teleservices Private Limited₹1.02 Cr (FY 2024)22.0%Gaya, Bihar, India

To see the full peer comparison of Southnet Broadband Private Limited, buy the company report.

Auditor

Southnet Broadband Private Limited is audited by PALRAJ&SENTHIL for the financial year 2017.

Auditor firmFinancial yearFirm registration number
PALRAJ&SENTHILFY 2017007013S

Shareholding

The shareholding of Southnet Broadband Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Southnet Broadband Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.26 Lakh
Satisfied charges
₹2.2 Lakh
Breakdown by lending institutions
Karnataka Bank Ltd.₹0.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Feb 2025101051115Karnataka Bank Ltd.₹2.2 LakhOpen
20 Nov 2024101004126Karnataka Bank Ltd.₹1.15 LakhOpen
07 Feb 2024100877837Karnataka Bank Ltd.₹91,000Open
23 Dec 2024101027575Karnataka Bank Ltd.₹2.2 LakhSatisfied

To see the full charge records of Southnet Broadband Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Southnet Broadband Private Limited has 1 deal on record (1 rights issue); the latest was in December 2022.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2022Rights issue₹9 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Southnet Broadband Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Southnet Broadband has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAXCS4991A1Z0Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Southnet Broadband Private Limited, buy the company report.

Recent activity

Southnet Broadband Private Limited has 9 board changes on record since 2016: 6 appointments and 3 cessations. The latest: Prathapa Chandran was appointed as Director on 26 Dec 2023.

AGM
Southnet Broadband Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Southnet Broadband Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 2.20 Lakh with Charge ID 101051115 was registered on 05 Feb 2025.
Charges
A charge registered on 23 Dec 2024 via Charge ID 101027575 with Karnataka Bank Ltd. was fully satisfied on 04 Feb 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 2.20 Lakh with Charge ID 101027575 was registered on 23 Dec 2024.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.15 Lakh with Charge ID 101004126 was registered on 20 Nov 2024.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.91 Lakh with Charge ID 100877837 was registered on 07 Feb 2024.
Appointed
Prathapa Chandran was appointed as Director.
Ceased
Mohankumar Prabulingam ceased to be Additional Director.
Appointed
Mohankumar Prabulingam was appointed as Director.
Ceased
Gunasekaran ceased to be Additional Director.
Ceased
Subramani Mahesh ceased to be Additional Director.

5 earlier events are in the company report.

Frequently asked questions

Southnet Broadband is an active private limited company based in Salem, Tamil Nadu, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 27 July 2016 (10+ years old) and is registered under CIN U74999TZ2016PTC027833.

Southnet Broadband has 6 current directors:

The latest financial statements of Southnet Broadband on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Southnet Broadband is 33AAXCS4991A1Z0, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Southnet Broadband is U74999TZ2016PTC027833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Southnet Broadband was incorporated on 27 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.

Southnet Broadband has 1 deal on record (1 rights issue); the latest was in December 2022.

The peers of Southnet Broadband by revenue are SRD Properties Pvt Ltd, Astha Technology Solutions Private Limited, Sri Krishna Internet Services Private Limited, MFT Internet Private Limited, Ample Telecommunication Private Limited and 4 more, all in the same principal business activity (wired, wireless or satellite telecommunication activities).

Prathapa Chandran was appointed as Director on 26 Dec 2023. Mohankumar Prabulingam ceased to be Additional Director on 01 Aug 2018. Mohankumar Prabulingam was appointed as Director on 04 Jul 2018. Southnet Broadband has 9 board changes on record in total.

The registered office of Southnet Broadband is at 29 – 1155 F 1 Balaji Nagar Seelanaickenpatty, Salem, Tamil Nadu, India – 636201.

Southnet Broadband operates in the business services industry, in the miscellaneous business activities segment.