- Udyam number
- UDYAM-MH-19-0034348

About Better Communications Private Limited
Data last updated:
Better Communications Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Framework Consultants Private Limited. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 28 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74300MH1992PTC066981. Its GSTIN is 27AAACB4165E1ZZ (Maharashtra).
The company has an authorised share capital of ₹10.01 Cr and a paid-up capital of ₹2.29 Cr. It is led by directors Ritika Minawala and Shashank Devendra Joshi.
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 Unit No. 217 – 218 Floor – 2 T V Industrial Estate Sudam Kalu Ahire Road Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2024, the company reported a revenue of ₹21 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹4.92 Cr (net margin 23.4%) and EBITDA of ₹8.09 Cr (EBITDA margin 38.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company has about 119 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹80 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Better Communications Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0034348). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bettercommunications.com.
Recognitions & Rankings of Better Communications
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 217 – 218 Floor – 2 T V Industrial Estate Sudam Kalu Ahire Road Worli, Mumbai, Maharashtra, India – 400030
- IndustryMedia and Publishing, Advertising Agencies & Media 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
The main business activity of Better Communications is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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
Financials of Better Communications Private Limited
FY 2025 filings availableBetter Communications Private Limited reported revenue of ₹21 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 9% growth in the latest year. EBITDA rose 7% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹8.09 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹4.92 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 38.5% | |
| Net Profit Margin | 23.4% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Better Communications are in the company report.
: available in the company report
Board of Directors of Better Communications Private Limited
Better Communications has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritika Minawala Also directs: Framework Consultants Private Limited | Director | 20 Aug 2018 | 8 Years 2 Months | Current |
| Shashank Devendra Joshi Also directs: Framework Consultants Private Limited | Director | 28 May 1992 | 34 Years 4 Months | Current |
Auditor Details
Better Communications Private Limited is audited by V. C. Shah & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. C. Shah & Co. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2003 | The Greater Bombay Co-Op Bank Ltd | ₹30 Lakh | Satisfied |
| 22 Dec 2001 | The Greater Bombay Co-Op Bank Ltd | ₹20 Lakh | Satisfied |
| 22 Jun 2001 | The Greater Bombay Co-Op Bank Ltd | ₹30 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases
Better Communications Private Limited has 3 court cases on record: 2 filed by Better Communications, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| District court, South Goa, Goa | Civil suit | Filed against the company by an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Better Communications Private Limited has a workforce of 119 employees as of Mar 27, 2024.
: available in the company report
Recent Activity
Better Communications Private Limited has 6 board changes on record since 1992: 2 appointments and 4 cessations. The latest: Lakshmi Iyer ceased to be Director on 24 May 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Better Communications has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB4165E1ZZ | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Better Communications is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 28 May 1992 (34+ years old) and is registered under CIN U74300MH1992PTC066981.
Better Communications has 2 current directors:
- Ritika Minawala - Director
- Shashank Devendra Joshi - Director
The latest financial statements of Better Communications 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 Better Communications is 27AAACB4165E1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Better Communications is U74300MH1992PTC066981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better Communications has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Better Communications was incorporated on 28 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Lakshmi Iyer ceased to be Director on 24 May 2021. Nalini Joshi ceased to be Director on 15 Jan 2019. Ritika Minawala ceased to be Additional Director on 29 Sep 2018. Better Communications has 6 board changes on record in total.
Yes, Better Communications is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0034348).
Better Communications can be reached through the website bettercommunications.com. Its registered office is in Mumbai, Maharashtra, India.