Reliance Broadcast Network Limited - Due diligence report

A 360° intelligence report on Reliance Broadcast Network: trust score, financial health, credit view, compliance, directors, growth and dist…

2005-12-27 Mumbai, Maharashtra Active Unlisted Active Compliant
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RB Reliance Broadcast Network Limited
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Reliance Broadcast Network — 360° Intelligence Report

Generated from MCA filings & public records
48/100
Trust Score
Caution Indicated

Reliance Broadcast Network is assessed as Caution Indicated with a Trust Score of 48/100. Reliance Broadcast Network is an active public limited indian non-government company incorporated in 2005, operating in the Media and Publishing sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 28 Jul 2026 from the latest processed filings. Reliance Broadcast Network Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Neutral

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
48/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
15/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Externally credit-rated (D).

Charges position: 4 open (191.00 cr) · 31 satisfied (2,225.80 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others15 48.0 cr
Idbi Trusteeship Services Limited8 48.0 cr
Indusind Bank Ltd.1 48.0 cr
Reliance Capital Ltd7 48.0 cr
Yes Bank Limited3 48.0 cr
Magma Fincorp Limited1 48.0 cr
Compliance Score: 30/100 Caution Indicated
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Flagged by authority: SEBI, BSE.
  • Litigation present in 4 court forum(s).
  • Delayed payments to MSME suppliers disclosed (8 disclosure(s)).
  • 25 active GST registration(s).
Legal cases on record (4)
05

Director Intelligence

Stability score: 75/100
NameDIN / PANDesignationAppointedTenureDIN status
SAHIL MANGLA 01234567 Director 01/04/2018 6 yrs Approved
ADITYA VASHISTHA 01234567 Director 01/04/2018 6 yrs Approved
NILPESH MAHENDRA SHAH 01234567 Director 01/04/2018 6 yrs Approved
MADAN LAL 01234567 Director 01/04/2018 6 yrs Approved
Sunil Kumaran 01234567 Director 01/04/2018 6 yrs Approved
Patterson Thomas 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • 5 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2021)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2021 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Reliance Entertainment Networks Private Limited
Subsidiaries
-
Group entities
-
Capital events
12 allotment(s) · 2 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Reliance Entertainment Networks Private Limited Holding Company 74.00%

Key managerial personnel: NILPESH MAHENDRA SHAH (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 60
Growth signals & trust indicators
EPFO headcount growing - hiring signal.
Operating for 20+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Negative net worth.
3 director exits within 2 years.
Compliance score is weak (30/100).
4 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 30,082.00.
4 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence44/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment32/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 191.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view35/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
25 Oct 2025
Director appointed
Patterson Thomas (Company Secretary)
03 Sep 2025
Director appointed
Sunil Kumaran (Ceo)
25 Aug 2025
Charge created
Others - 12.00 cr
01 Aug 2025
Charge satisfied
Yes Bank Limited
01 Jul 2025
Charge satisfied
Others
30 Jun 2025
Charge created
Others - 30.50 cr
19 Jun 2025
Director appointed
SAHIL MANGLA (Director)
Director appointed
ADITYA VASHISTHA (Director)
Charge created
Others - 115.00 cr
18 Jun 2025
Director ceased
MADAN LAL
06 Jun 2025
Charge satisfied
Indusind Bank Ltd.
30 Apr 2025
Charge satisfied
Idbi Trusteeship Services Limited
29 Apr 2025
Charge satisfied
Idbi Trusteeship Services Limited
07 Apr 2025
Director appointed
MADAN LAL (Director)
Director ceased
SAHIL MANGLA
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
6 active director(s) / partner(s); board looks stable and experienced.
25 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of D from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 12 security allotment(s) - amounts available in the full report.
3 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Den Ambey Cable Networks U92130DL2007PTC167995 New Delhi, Delhi, India
Naaptol U22222MH2012PTC236343 Navi Mumbai, Maharashtra, India
Polimer Media U64200TZ2007PTC013865 Salem, Tamil Nadu, India
Ngc Network (India) Private Limited U74300MH2000PTC127390 Mumbai, Maharashtra, India
In10 Media U92412MH2011PTC224530 Mumbai, Maharashtra, India
Apsfl U72200AP2015SGC110065 Vijayawada, Andhra Pradesh, India
Disney U64200MH2007PTC170405 Mumbai, Maharashtra, India
Etv Network U92111TG1991PTC012643 Hyderabad, Telangana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Reliance Broadcast Network before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Reliance Broadcast Network: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 45/100, margin trends, ownership structure and peer set for Reliance Broadcast Network - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 48/100, distress signals and MSME payment-delay disclosures - know whether Reliance Broadcast Network pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Reliance Broadcast Network - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Reliance Broadcast Network an active company?

Reliance Broadcast Network has MCA status “Active” with a compliance score of 30/100 (Caution Indicated).

Is Reliance Broadcast Network financially healthy?

Reliance Broadcast Network has a Financial Health Score of 15/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Reliance Broadcast Network?

Its overall Trust Score is 48/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Reliance Broadcast Network?

The ultimate holding entity is Reliance Entertainment Networks Private Limited. 6 active director(s) are on record.

Does Reliance Broadcast Network have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 31 earlier charge(s) stand satisfied.

Is Reliance Broadcast Network up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Reliance Broadcast Network?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.