- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0000388

About Contract Advertising (India) Private Limited
Data last updated:
Contract Advertising (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hindustan Thompson Advertising Limited. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 02 June 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74300MH1969PTC014297. Its GSTIN is 27AAACC5674R1ZZ (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Bhautik Navinchandra Mithani and Pradip Narotam Kapadia.
Its last annual general meeting (AGM) was held on 12 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 6th Floor Wing A The Orb Sahar Village Marol Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2023, the company reported a revenue of ₹35.45 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹64.44 Lakh (net margin -1.8%) and EBITDA of ₹2.51 Cr (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Contract India. As per MCA filings, the company has open charges of ₹87.75 Lakh on record. Court records list 35 cases involving the company, including 23 filed by the company and 12 filed against it; 3 cases are pending.
Contract Advertising (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000388). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website contractindia.co.in.
Company details
Recognitions & Rankings of Contract Advertising (India)
Contact details
Contract Advertising (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is contractindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor Wing A The Orb Sahar Village Marol Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Contract Advertising (India) 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
Contract Advertising (India) operates one associated brand: Contract India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive branding and advertising services for businesses. | contractindia.co.in |
Financials of Contract Advertising (India) Private Limited
FY 2024 filings availableContract Advertising (India) Private Limited reported revenue of ₹35.45 Cr (down 28% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 28% fall in the latest year. EBITDA fell 69% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹35.45 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹64.44 Lakh | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | -1.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Contract Advertising (India) Private Limited, buy the company report.
Board of directors of Contract Advertising (India) Private Limited
Contract Advertising (India) 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 |
|---|---|---|---|---|
| Bhautik Navinchandra Mithani Also directs: Mirum Digital Private Limited, Hta Marketing Services Private Limited, Hindustan Thompson Advertising Limited and 5 more | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Pradip Narotam Kapadia Also directs: Navin Fluorine Advanced Sciences Limited, C.C.Chokshi Advisors Private Limited, Mirum Digital Private Limited and 3 more | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Babita Baruah Also directs: Mirum Digital Private Limited, Hta Marketing Services Private Limited, Hindustan Thompson Advertising Limited and 5 more | Director | 19 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Contract Advertising (India) Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Contract Advertising (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Contract Advertising (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 1990 | 90239495 | The Shamaro Vithal Co-Op. Bank Ltd. | ₹40 Lakh | Open | |
| 28 Sep 1988 | 90239330 | Bank of Credit and Commerce Inter. Overseas Ltd. | ₹15 Lakh | Open | |
| 08 Nov 1986 | 90239169 | The Saraswat Co-Op Bank Ltd. | ₹75,000 | Open | |
| 12 Jul 1986 | 90239149 | Banque Nationale De Paris | ₹25 Lakh | Open | |
| 07 Sep 1976 | 90238794 | The Saraswat Co-Op Bank Ltd. | ₹7 Lakh | Open |
To see the full charge records of Contract Advertising (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Contract Advertising (India) Private Limited has 35 court cases on record: 23 filed by Contract Advertising (India), 12 filed against it. 3 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 10 | 3 |
| District courts | 8 | 2 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Maneesh Pharmaceuticals Limited | Pending |
| Bombay High Court | Court case (EXA) | Filed by the company against Maneesh Pharmaceuticals Limited | Pending |
| High Court of Delhi | Appeal | Filed against the company by M/S National Engineering Industries Ltd | Disposed |
| District court, South East, Delhi | Arbitration matter | Filed against the company by Ms National Engineering Industries Ltd | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by M/S Maneesh Pharmaceuticals Limited | Disposed |
To see the full case history of Contract Advertising (India) 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
Contract Advertising (India) Private Limited has 15 MSME Form 1 returns on record between 2019 and 2023, listing 834 overdue payments to 54 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mirum Digital Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Aidem Ventures Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Contract Advertising (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Contract Advertising (India) Private Limited has a workforce of 45 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 45 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Contract Advertising (India) Private Limited, buy the company report.
GST
Contract Advertising (India) has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC5674R1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 06AAACC5674R2Z2 | Haryana | Active | 01 Jul 2017 |
| 29AAACC5674R1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Contract Advertising (India) Private Limited, buy the company report.
Recent activity
Contract Advertising (India) Private Limited has 33 board changes on record since 1984: 18 appointments and 15 cessations. The latest: Raji Ramaswamy ceased to be Whole-Time Director on 19 Apr 2024.
32 earlier events are in the company report.
News
Frequently asked questions
Contract Advertising (India) 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 02 June 1969 (57+ years old) and is registered under CIN U74300MH1969PTC014297.
Contract Advertising (India) has 3 current directors:
- Bhautik Navinchandra Mithani - Director
- Pradip Narotam Kapadia - Director
- Babita Baruah - Director
The latest financial statements of Contract Advertising (India) on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 12 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Contract Advertising (India) is 27AAACC5674R1ZZ, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAACC5674R2Z2 (Haryana), 29AAACC5674R1ZV (Karnataka).
The CIN (Corporate Identification Number) of Contract Advertising (India) is U74300MH1969PTC014297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Contract Advertising (India) has 35 court cases on record: 23 filed by the company and 12 filed against it. 3 are pending. Most are in the high courts.
Contract Advertising (India) was incorporated on 02 June 1969, making it 57+ years old. It is registered with the Registrar of Companies, Mumbai.
Raji Ramaswamy ceased to be Whole-Time Director on 19 Apr 2024. Shamsuddin Jasani ceased to be Director on 31 Mar 2024. Babita Baruah was appointed as Director on 19 Mar 2024. Contract Advertising (India) has 33 board changes on record in total.
Yes, Contract Advertising (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0000388).
Contract Advertising (India) has 15 MSME Form 1 returns on record between 2019 and 2023, listing 834 overdue payments to 54 micro and small suppliers. The latest return was filed on 18 Dec 2023.
Contract Advertising (India) can be reached through the website contractindia.co.in. Its registered office is in Mumbai, Maharashtra, India.

