Next Mediaworks Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 66.89 Cr
- Company Age 44 Year, 15 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 134.71 Cr
- Revenue Growth -72.00%
- Profit Growth -1.20%
- Ebitda 20.74%
- Net Worth -62.22%
- Total Assets -0.75%
About Next Mediaworks
Next Mediaworks Limited (NML) is a Public Limited Indian Non-Government Company incorporated in India on 12 March 1981 and has a history of 44 years. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532416 and on the National Stock Exchange(NSE) under NEXTMEDIA.
The Company is engaged in the Media And Publishing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 66.89 Cr.
The company has closed loans amounting to ₹134.71 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Next Mediaworks Limited India are Sonali Manchanda as Company Secretary, Ramesh Menon as Ceo, and Amit Madaan as Cfo. Praveen Someshwar, Samudra Bhattacharya, Lloyd Mathias, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Media and Publishing
Who are the key members and board of directors at Next Mediaworks?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Menon  | CEO | 04-May-2023 | Current |
| Sonali Manchanda | Company Secretary | 29-Dec-2023 | Current |
| Amit Madaan | CFO | 02-Aug-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Rao | Director | 01-Jun-2022 | Current |
| Sameer Singh | Director | 13-Jan-2020 | Current |
| Praveen Someshwar | Director | 18-Apr-2019 | Current |
| Samudra Bhattacharya | Director | 30-Dec-2020 | Current |
| Lloyd Mathias | Director | 28-Dec-2021 | Current |
| Suchitra Rajendra | Director | 18-Apr-2019 | Current |
Financial Performance of Next Mediaworks.
Next Mediaworks Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 72% decrease. The company also saw a slight decrease in profitability, with a 1.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 62.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Next Mediaworks?
In 2022, Next Mediaworks had a promoter holding of 74.99% and a public holding of 25.02%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Indian Newspaper Society.Praveen Someshwar and Samudra Bhattacharya are mutual person
Protean Egov Technologies LimitedLloyd Mathias is a mutual person
Digicontent LimitedPraveen Someshwar, Lloyd Mathias and 2 more are mutual person
Ht Digital Streams LimitedPraveen Someshwar, Lloyd Mathias and 2 more are mutual person
Audit Bureau Of CirculationsPraveen Someshwar is a mutual person
- Next Radio Limited
Praveen Someshwar, Samudra Bhattacharya and 5 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹134.71 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 86.02 Cr
- Others : 48.20 Cr
- Kotak Mahindra Finace Ltd : 0.35 Cr
- Bombay Mercantile Co-Operative . Bank Ltd : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2015 | Others | ₹18.60 Cr | Satisfied |
| 08 May 2015 | Others | ₹29.60 Cr | Satisfied |
| 12 Jul 2012 | Bank Of Baroda | ₹5.72 Cr | Satisfied |
| 30 Nov 2002 | Kotak Mahindra Finace Ltd | ₹3.46 M | Satisfied |
| 13 Sep 2002 | Bank Of Baroda | ₹1.00 Cr | Satisfied |
How Many Employees Work at Next Mediaworks?
Next Mediaworks has a workforce of 2 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Next Mediaworks, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Next Mediaworks's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Next Mediaworks
Recent activity within the organization
- Annual General Meeting
Next Mediaworks Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Balance Sheet
Next Mediaworks Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Sonali Manchanda was appointed as a Company Secretary was appointed as a Company Secretary on 29 Dec 2023 & has been associated with this company since 1 year 2 months .
- Director Appointment
Ramesh Menon was appointed as a Ceo was appointed as a Ceo on 04 May 2023 & has been associated with this company since 1 year 10 months .
- Director Appointment
Amit Madaan was appointed as a Cfo was appointed as a Cfo on 02 Aug 2022 & has been associated with this company since 2 years 7 months .
- Director Appointment
Sandeep Rao was appointed as a Director was appointed as a Director on 01 Jun 2022 & has been associated with this company since 2 years 9 months .
Recent News, Updates & Announcement
- HT Media and Next Mediaworks to Merge Radio Arms, Creating Powerful New Entity in Major Metros.
HT Media and Next Mediaworks are merging their radio arms, with HT Media owning 74% of the new entity. This will bring together popular Hindi and English radio channels in major metros. The merger is pending approval and both companies will continue to operate independently. The move is seen as a sign of the growing maturity of the radio market and is expected to benefit listeners and advertisers..
Frequently asked questions
What is the Incorporation or founding date of Next Mediaworks Limited?
Next Mediaworks Limited was incorporated on 12 Mar 1981.
What is authorized share capital and paid-up capital of Next Mediaworks Limited?
The authorized share capital of Next Mediaworks Limited is ₹ 80.00 Cr and paid-up capital is ₹ 66.89 Cr.
Who are the current board members & directors of Next Mediaworks Limited?
Currently 9 directors are associated with Next Mediaworks Limited.
- Sonali Manchanda
- Praveen Someshwar
- Samudra Bhattacharya
- Lloyd Mathias
- Suchitra Rajendra
- Sameer Singh
- Sandeep Rao
- Ramesh Menon
- Amit Madaan
What is the registered address of Next Mediaworks Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Next Mediaworks Limited is Unit 701 A 7Th Floor Tower 2 Indiabulls Finance Centre Senapati Bapat Marg, Elphinstone Road India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Next Mediaworks Limited?
The corporate identification number (CIN) of Next Mediaworks Limited is L22100MH1981PLC024052 and the company number is 024052 as per Ministry of Corporate Affairs (MCA).
Is Next Mediaworks Limited registered with any stock exchange in India?
Yes, Next Mediaworks Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NEXTMEDIA.
What is the official website of Next Mediaworks Limited?
The Official website of Next Mediaworks Limited is https://www.nextmediaworks.com
What has been the recent revenue trend for Next Mediaworks Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Next Mediaworks Limited has fallen by -72.00%.
How many employees does Next Mediaworks Limited currently have?
As Per 2022 financial reports, 2 employees are currently employed by Next Mediaworks Limited.
What change has been observed in the net worth of Next Mediaworks Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Next Mediaworks Limited has experienced an downturn of -62.22%.
When was the last Balance Sheet of Next Mediaworks Limited filed with the ROC?
The most recent Balance Sheet for Next Mediaworks Limited was filed with the ROC on 31 Mar 2024.
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