Swiftnet Broadband Private Limited
About Swiftnet Broadband Private Limited
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Swiftnet Broadband Private Limited is a private limited company based in Bhayandar West, Maharashtra, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 25 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64204MH2014PTC253567. Its GSTIN is 27AAUCS4328Q1ZC (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Saroj Dinesh Jain and Dinesh Ghevarchand Jain.
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 701 Kamla Park Bldg No. 2 60 Feet Road, Bhayandar West, Maharashtra, India – 401105.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.11 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹5.36 Lakh (net margin -172.6%) and EBITDA of -₹2.54 Lakh (EBITDA margin -81.7%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address701 Kamla Park Bldg No. 2 60 Feet Road, Bhayandar West, Maharashtra, India – 401105
- IndustryTelecom, ISP & Broadband 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
Business Activity of Swiftnet Broadband Private Limited
The main business activity of Swiftnet Broadband is information and communication. In detail, this covers telecommunications.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 61 | Telecommunications | 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 Swiftnet Broadband Private Limited FY 2024 filings available
Swiftnet Broadband Private Limited reported revenue of ₹3.11 Lakh (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Swiftnet Broadband Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 74% fall in the latest year. EBITDA fell 141% 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 Swiftnet Broadband Private Limited
| 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 | -₹2.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.36 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Swiftnet Broadband Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -81.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -172.6% | •••• | •••• | •••• | •••• |
| 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 Swiftnet Broadband 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.
Board of Directors of Swiftnet Broadband Private Limited
Swiftnet Broadband has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saroj Dinesh Jain Also directs: Sierra Infraproject LLP | Director | 25 Feb 2014 | 12 Years 7 Months | Current |
| Dinesh Ghevarchand Jain Also directs: Sierra Infraproject LLP, Engage Outdoor Solutions Private Limited | Director | 25 Feb 2014 | 12 Years 7 Months | Current |
Peer Comparison of Swiftnet Broadband Private Limited
Swiftnet Broadband Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trak Online Net India Private Limited | ₹3.43 Lakh (FY 2017) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Phoenix Internet Private Limited | ₹3.35 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Gujarat, India |
| Kalbhairavnatha Infonet Private Limited | ₹3.32 Lakh (FY 2022) | •••• | •••• | 1489.0% | •••• | Shirur, Maharashtra, India |
| Nomus Internet Systems Private Limited | ₹3.3 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Vadodara, Gujarat, India |
| E-Comm Opportunities Private Limited | ₹3.11 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
| Swiftnet Broadband Private Limited this company | ₹3.11 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | Bhayandar West, Maharashtra, India |
| Saideep Broadband Private Limited | ₹3.1 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Kalyan, Maharashtra, India |
| Astro Network India Private Limited | ₹3.05 Lakh (FY 2021) | •••• | •••• | 43648.0% | •••• | New Delhi, Delhi, India |
| Assistive Networks & Technologies Private Limited | ₹3.01 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Badokhar Mahila Farmer Producer Company Limited | ₹3 Lakh (FY 2024) | •••• | •••• | •••• | Banda, Uttar Pradesh, India | |
| Kirit Communication Systems Private Limited | ₹2.98 Lakh (FY 2020) | •••• | •••• | -99.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Swiftnet Broadband by revenue in the Telecom industry (Landline ISP and Broadband), 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 Swiftnet Broadband Private Limited
Swiftnet Broadband Private Limited is audited by V. T. CHORDIYA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. T. CHORDIYA & CO. | 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.
Ownership and Shareholding of Swiftnet Broadband Private 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 Swiftnet Broadband Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2017 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Swiftnet Broadband Private Limited
Employment history and EPFO contributions of people linked to Swiftnet Broadband.
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 Swiftnet Broadband Private Limited
Swiftnet Broadband Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Dinesh Ghevarchand Jain was appointed as Director on 25 Feb 2014.
Credit Ratings, Litigation & Regulatory Alerts for Swiftnet Broadband Private 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 Swiftnet Broadband Private 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 Swiftnet Broadband Private 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 Swiftnet Broadband Private Limited
Swiftnet Broadband has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS4328Q1ZC | Maharashtra | 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 Swiftnet Broadband Private 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 Swiftnet Broadband Private Limited
Swiftnet Broadband is an active private limited company based in Bhayandar West, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 25 February 2014 (12+ years old) and is registered under CIN U64204MH2014PTC253567.
Swiftnet Broadband reported revenue of ₹3.11 Lakh for FY 2025 (down 74% YoY).
Swiftnet Broadband has 2 current directors:
- Saroj Dinesh Jain - Director
- Dinesh Ghevarchand Jain - Director
Swiftnet Broadband reported a net loss of ₹5.36 Lakh (net margin -172.6%) and EBITDA of -₹2.54 Lakh (EBITDA margin -81.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swiftnet Broadband is -74% over three years and -58% over five years. In the latest year (FY 2025) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Swiftnet Broadband is 27AAUCS4328Q1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Swiftnet Broadband is U64204MH2014PTC253567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swiftnet Broadband was incorporated on 25 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swiftnet Broadband by revenue are Trak Online Net India Private Limited, Phoenix Internet Private Limited, Kalbhairavnatha Infonet Private Limited, Nomus Internet Systems Private Limited, E-Comm Opportunities Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Dinesh Ghevarchand Jain was appointed as Director on 25 Feb 2014. Saroj Dinesh Jain was appointed as Director on 25 Feb 2014.
The registered office of Swiftnet Broadband is at 701 Kamla Park Bldg No. 2 60 Feet Road, Bhayandar West, Maharashtra, India – 401105.