About Carnival Films Private Limited
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Carnival Films Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, a subsidiary of Asian Business Connections Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the cinema and multiplex chains segment of the events and entertainment sector. It was incorporated on 16 January 2012.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U92100MP2012PTC027484. Its GSTIN is 07AAFCC1525N1ZM (Delhi). The company holds 22 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹40.57 Cr. It is led by directors including Satyendra Sharma (Irp/Rp/Liquidator) and Prasanth Narayanan.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Fm – 18 Mansarovar Complex 7 No Stop Shivaji Nagar, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2020, the company reported a revenue of ₹395.66 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹227.45 Cr (net margin -57.5%) and EBITDA of ₹157.5 Cr (EBITDA margin 39.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 80% over five years.
The company has about 218 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Carnival Cinemas. As per MCA filings, the company has open charges of ₹1,516 Cr and satisfied charges of ₹2.5 Lakh on record. Court records list 160 cases involving the company, including 53 filed by the company and 107 filed against it; 26 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹549.49 Cr; the latest was in August 2017. Its 3 peer companies in the Events and Entertainment industry (Cinema and Multiplex), with the same principal business activity (motion picture, video and television programme production, sound recording and music publishing activities) are compared by revenue, 1 larger and 2 smaller; the largest is PVR Inox Limited with revenue of ₹5,953.6 Cr.
The last known website on record is carnivalcinemas.com.
Company details
Contact details
Carnival Films Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is carnivalcinemas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFm – 18 Mansarovar Complex 7 No Stop Shivaji Nagar, Bhopal, Madhya Pradesh, India – 462016
- IndustryEvents and Entertainment, Cinema & Multiplex Chains
To see the full contact details of Carnival Films 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
Brands
Carnival Films operates one associated brand: Carnival Cinemas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chain of movie theatres | carnivalcinemas.com |
Business activity
The main business activity of Carnival Films is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Carnival Films Private Limited, buy the company report.
Financials of Carnival Films Private Limited
FY 2020 filings availableCarnival Films Private Limited reported revenue of ₹395.66 Cr (up 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 14% growth in the latest year. EBITDA rose 513% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹395.66 Cr | ||||
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| EBITDA | ₹157.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹227.45 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.8% | ||||
| Net Profit Margin | -57.5% | ||||
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To see the full financial statements and ratios of Carnival Films Private Limited, buy the company report.
Board of directors of Carnival Films Private Limited
Carnival Films has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyendra Sharma Also directs: Samaveda Legal Advisors LLP, Samaveda Social Services Foundation | Irp/Rp/Liquidator | 15 Apr 2024 | 2 Years 6 Months | As last reported |
| Prasanth Narayanan | Director | 27 Mar 2023 | 3 Years 6 Months | As last reported |
| Hari Sankar Mohan Also directs: Carnival Films Entertainment Private Limited | Director | 20 Jun 2023 | 3 Years 4 Months | As last reported |
Peer comparison
Carnival Films Private Limited is compared with the 3 companies closest to it by revenue in the Events and Entertainment industry (Cinema and Multiplex), with the same principal business activity (motion picture, video and television programme production, sound recording and music publishing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PVR Inox Limited | ₹5,953.6 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Ufo Moviez India Limited | ₹424.02 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Carnival Films Private Limitedthis company | ₹395.66 Cr (FY 2020) | -₹227.45 Cr | -57.5% | 14.0% | 218 | Bhopal, Madhya Pradesh, India |
| Miraj Entertainment Limited | ₹377.73 Cr (FY 2024) | 24.0% | Nathdwara, Rajasthan, India |
To see the full peer comparison of Carnival Films Private Limited, buy the company report.
Auditor
Carnival Films Private Limited is audited by Patni Mandhana & Associates for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Patni Mandhana & Associates | FY 2020 | 152125W |
Shareholding
The shareholding of Carnival Films Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Carnival Films Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2018 | 100250553 | Idbi Trusteeship Services Limited | ₹133 Cr | Open | |
| 19 Feb 2018 | 100173505 | Idbi Trusteeship Services Limited | ₹60 Cr | Open | |
| 19 Feb 2018 | 100173510 | Idbi Trusteeship Services Limited | ₹100 Cr | Open | |
| 17 Feb 2017 | 100139696 | Idbi Trusteeship Services Limited | ₹45 Cr | Open | |
| 17 Oct 2016 | 100078309 | Idbi Trusteeship Services Limited | ₹310 Cr | Open |
To see the full charge records of Carnival Films Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Carnival Films Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹549.49 Cr; the latest was in August 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Funding round | ₹356.24 Cr | Investors: Asian Business Connections Private Limited , Asian Business Connexion Singapore Private Limited |
| Apr 2016 | Funding round | ₹2.54 Cr | Investors: Asian Business Connections Private Limited , Asian Business Connexion Singapore Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Asian Business Connexion Singapore Private Limited Seller: Asian Business Connections Private Limited |
| Aug 2015 | Funding round | ₹127.45 Cr | Investors: Asian Business Connections Private Limited |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Asian Business Connections Private Limited Seller: Global Business Connections Private Limited |
To see the full deal history of Carnival Films Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Carnival Films Private Limited has 160 court cases on record: 53 filed by Carnival Films, 107 filed against it. 26 cases are pending and 134 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 99 | 69 | 12 |
| High courts | 47 | 25 | 14 |
| NCLT | 13 | 12 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 160)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Appeal | Filed by the company against E- Square Leisure Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Divya Jyot Entertainment Private Limited Through Its Authorised Person Irfan Furniturewala | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against E-Square Leisure Private Limited and Anr | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Orienta Cine Advertising Pvt. Ltd and 2 others | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Big Tree Entertainment Private Limited | Disposed |
To see the full case history of Carnival Films 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 Carnival Films Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Carnival Films has 3 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Cinema Ventures Private Limited | U74120MH2012PTC232410 | |
| Stargaze Entertainment Private Limited | U74994DL2008PTC173043 | |
| Carnival Films Entertainment Private Limited | U92100MH2007PTC172998 |
To see the full group structure of Carnival Films Private Limited, buy the company report.
Employees & EPFO
Carnival Films Private Limited has a workforce of 218 employees on its EPFO records as of Aug 07, 2024, across 3 active EPFO establishments.
GST
Carnival Films has 22 GST registrations: 1 active and 21 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCC1525N1ZM | Delhi | Active | 17 Sep 2017 |
To see the full GST registrations and return filing status of Carnival Films Private Limited, buy the company report.
Recent activity
Carnival Films Private Limited has 16 board changes on record since 2013: 3 appointments and 13 cessations. The latest: Satyendra Sharma was appointed as Irp/Rp/Liquidator on 15 Apr 2024.
26 earlier events are in the company report.
News
Frequently asked questions
Carnival Films is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Carnival Films is a company under insolvency, formerly operating as a private limited company based in Bhopal, Madhya Pradesh, India. The company works in cinema and multiplex chains, within the events and entertainment industry. It was incorporated on 16 January 2012 and is registered under CIN U92100MP2012PTC027484. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Carnival Films has 3 current directors:
- Prasanth Narayanan - Director
- Hari Sankar Mohan - Director
- Satyendra Sharma - Irp/Rp/Liquidator
The latest financial statements of Carnival Films on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Carnival Films is U92100MP2012PTC027484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carnival Films has open charges of ₹1,516 Cr and satisfied charges of ₹2.5 Lakh as per latest MCA filings.
Carnival Films has 160 court cases on record: 53 filed by the company and 107 filed against it. 26 are pending. Most are in the district courts.
Carnival Films was incorporated on 16 January 2012. It is registered with the Registrar of Companies, Gwalior.
Carnival Films has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹549.49 Cr; the latest was in August 2017.
The peers of Carnival Films by revenue are PVR Inox Limited, Ufo Moviez India Limited, Miraj Entertainment Limited, all in the Events and Entertainment industry (Cinema and Multiplex), with the same principal business activity (motion picture, video and television programme production, sound recording and music publishing activities).
Satyendra Sharma was appointed as Irp/Rp/Liquidator on 15 Apr 2024. Hari Sankar Mohan ceased to be Additional Director on 29 Sep 2023. Hari Sankar Mohan was appointed as Director on 20 Jun 2023. Carnival Films has 16 board changes on record in total.