Adapt Studios Private Limited
About Adapt Studios Private Limited
Data last updated:
Adapt Studios Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the creative segment of the art and creative services sector. It was incorporated on 10 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92142MH2014PTC254039. Its GSTIN is 27AAMCA5160C1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Payal Lalitkumar Lohia and Viraj Vivek Velinker.
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 Palmlands Bunglow Juhu Tara Road Santacruz West, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.35 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹43.51 Lakh (net margin -283.5%) and EBITDA of -₹41.22 Lakh (EBITDA margin -268.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 35% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adapt Studios Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPalmlands Bunglow Juhu Tara Road Santacruz West, Mumbai, Maharashtra, India – 400049
- IndustryArt, Creative, Arts And Entertainment Activities
To see the full contact details of Adapt Studios Private 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 Adapt Studios is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 90 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Adapt Studios Private Limited, buy the company report.
Financials of Adapt Studios Private Limited
FY 2025 filings availableAdapt Studios Private Limited reported revenue of ₹15.35 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 95% fall in the latest year. EBITDA fell 349% 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 |
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| EBITDA | -₹41.22 Lakh | ||||
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| Net Profit (PAT) | -₹43.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -268.5% | ||||
| Net Profit Margin | -283.5% | ||||
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To see the full financial statements and ratios of Adapt Studios Private Limited, buy the company report.
Board of directors of Adapt Studios Private Limited
Adapt Studios has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Lalitkumar Lohia | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
| Viraj Vivek Velinker | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Adapt Studios Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (creative, arts and entertainment activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Remadhav Art Private Limited | ₹15.38 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Imrc Entertainment Private Limited | ₹15.37 Lakh (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Adapt Studios Private Limitedthis company | ₹15.35 Lakh (FY 2025) | -₹43.51 Lakh | -283.5% | -95.0% | Mumbai, Maharashtra, India | |
| Intellize Expo Private Limited | ₹15.33 Lakh (FY 2025) | 2803.0% | Mumbai, Maharashtra, India | |||
| Access India Impex Centre Private Limited | ₹15.25 Lakh (FY 2025) | -25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Adapt Studios Private Limited, buy the company report.
Auditor
Adapt Studios Private Limited is audited by C.V.PABARI AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.V.PABARI AND COMPANY | FY 2017 | 047924 |
Shareholding
The shareholding of Adapt Studios Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Adapt Studios Private Limited, buy the company report.
Legal cases
Adapt Studios Private Limited has 2 court cases on record: 2 filed by Adapt Studios. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Hornbill Media and Design LLP, and 2 Ors. | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed by the company against Hornbill Media and Design LLP, and 2 Ors. and 2 others | Disposed |
To see the full case history of Adapt Studios Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adapt Studios Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adapt Studios has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA5160C1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adapt Studios Private Limited, buy the company report.
Recent activity
Adapt Studios Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Vivek Vasant Velinker ceased to be Director on 11 Mar 2014.
Frequently asked questions
Adapt Studios is an active private limited company based in Mumbai, Maharashtra, India. The company works in creative, within the art industry. It was incorporated on 10 March 2014 (12+ years old) and is registered under CIN U92142MH2014PTC254039.
Adapt Studios has 2 current directors:
- Payal Lalitkumar Lohia - Director
- Viraj Vivek Velinker - Director
The latest financial statements of Adapt Studios 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 Adapt Studios is 27AAMCA5160C1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Adapt Studios is U92142MH2014PTC254039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adapt Studios has 2 court cases on record: 2 filed by the company. 1 is pending.
Adapt Studios was incorporated on 10 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Adapt Studios by revenue are Remadhav Art Private Limited, Imrc Entertainment Private Limited, Intellize Expo Private Limited, Access India Impex Centre Private Limited, all in the same principal business activity (creative, arts and entertainment activities).
Vivek Vasant Velinker ceased to be Director on 11 Mar 2014. Payal Lalitkumar Lohia was appointed as Director on 10 Mar 2014. Viraj Vivek Velinker was appointed as Director on 10 Mar 2014.
The registered office of Adapt Studios is at Palmlands Bunglow Juhu Tara Road Santacruz West, Mumbai, Maharashtra, India – 400049.
Adapt Studios operates in the art industry, in the creative segment.