About Speedon Network Limited
Data last updated:
Speedon Network Limited is a public limited company based in Silvassa, Dadra And Nagar Haveli, India, a subsidiary of Sterlite Technologies Limited. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 11 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32202DN2011PLC000373. Its GSTIN is 07AAQCS0890M1ZN (Delhi). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.55 Cr. It was formerly known as Sterlite Networks Limited. It is led by directors including Pankaj Malik and Ankit Agarwal.
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 Survey No. 68/1 Rakholi Village Madhuban Dam Road, Silvassa, Dadra and Nagar Haveli, India – 396230.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.51 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹6.99 Cr (net margin -155.2%) and EBITDA of ₹99.91 Lakh (EBITDA margin 22.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 21% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹175 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 sterlitetech.com.
Company details
Contact details
Speedon Network Limited's registered office is in Silvassa, Dadra And Nagar Haveli. Its website is sterlitetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 68/1 Rakholi Village Madhuban Dam Road, Silvassa, Dadra and Nagar Haveli, India – 396230
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Speedon Network 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
Business activity
The main business activity of Speedon Network is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Speedon Network Limited, buy the company report.
Financials of Speedon Network Limited
FY 2025 filings availableSpeedon Network Limited reported revenue of ₹4.51 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA fell 11% 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 |
|---|---|---|---|---|---|
| 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 | ₹99.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.99 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.2% | ||||
| Net Profit Margin | -155.2% | ||||
| 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 Speedon Network Limited, buy the company report.
Board of directors of Speedon Network Limited
Speedon Network has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Malik | Director | 14 Feb 2025 | 1 Years 8 Months | Current |
| Ankit Agarwal | Director | 21 Feb 2025 | 1 Years 8 Months | Current |
| Gopal Chandra Rastogi | Director | 31 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Speedon Network Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasai Cable Private Limited | ₹4.61 Cr (FY 2025) | 24.0% | Thane, Maharashtra, India | |||
| Netcom Communications Private Limited | ₹4.53 Cr (FY 2024) | 27.0% | Ahmedabad, Gujarat, India | |||
| Speedon Network Limitedthis company | ₹4.51 Cr (FY 2025) | -₹6.99 Cr | -155.2% | 11.0% | Silvassa, Dadra And Nagar Haveli, India | |
| Bhor Communication Private Limited | ₹4.41 Cr (FY 2023) | 84.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Speedon Network Limited, buy the company report.
Auditor
Speedon Network Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Speedon Network 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Speedon Network Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2014 | 10475211 | Axis Trustee Services Limited | ₹175 Cr | Satisfied |
To see the full charge records of Speedon Network Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Speedon Network Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Speedon Network Limited was last rated by Icra on 12 Oct 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 12 Oct 2017 |
To see the full credit ratings and regulatory alerts of Speedon Network Limited, buy the company report.
MSME payment delays
Speedon Network Limited has 3 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Swapna Enterprises | |||
| Advanced Fiber Solutions |
To see the full MSME payment records of Speedon Network Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Speedon Network has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sterlite Telesystems Limited | U64200DN2015PLC000481 |
To see the full group structure of Speedon Network Limited, buy the company report.
GST
Speedon Network has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAQCS0890M1ZN | Delhi | Active | 01 Jul 2017 |
| 09AAQCS0890M1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAQCS0890M1ZR | Gujarat | Active | 01 Jul 2017 |
| 27AAQCS0890M1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Speedon Network Limited, buy the company report.
Recent activity
Speedon Network Limited has 27 board changes on record since 2011: 15 appointments and 12 cessations. The latest: Alok Ranjan Mahapatra ceased to be Director on 21 Feb 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Speedon Network is an active public limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 11 July 2011 (15+ years old) and is registered under CIN U32202DN2011PLC000373.
Speedon Network has 3 current directors:
- Pankaj Malik - Director
- Ankit Agarwal - Director
- Gopal Chandra Rastogi - Director
The latest financial statements of Speedon Network 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 2015 are in the company report.
The GSTIN of Speedon Network is 07AAQCS0890M1ZN, registered in Delhi. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAQCS0890M1ZJ (Uttar Pradesh), 24AAQCS0890M1ZR (Gujarat), 27AAQCS0890M1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Speedon Network is U32202DN2011PLC000373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speedon Network was incorporated on 11 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Speedon Network by revenue are Vasai Cable Private Limited, Netcom Communications Private Limited, Bhor Communication Private Limited, all in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Alok Ranjan Mahapatra ceased to be Director on 21 Feb 2025. Ankit Agarwal was appointed as Director on 21 Feb 2025. Pankaj Malik was appointed as Director on 14 Feb 2025. Speedon Network has 27 board changes on record in total.
Speedon Network has 3 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Feb 2024.
Speedon Network can be reached through the website sterlitetech.com. Its registered office is in Silvassa, Dadra And Nagar Haveli, India.
The registered office of Speedon Network is at Survey No. 681 Rakholi Village Madhuban Dam Road, Silvassa, Dadra and Nagar Haveli, India – 396230.
Speedon Network operates in the telecom industry, in the telecom infrastructure segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
