About Craving Digital Studio Private Limited
Data last updated:
Craving Digital Studio Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Happy Finish Group Limited. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 29 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92412MH2011PTC220258. Its GSTIN is 27AACCH7202G1ZV (Maharashtra).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹7.25 Lakh. It was formerly known as Happy Finish India Private Limited. It is led by directors Ashish Limaye and Kushal Kasliwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.37 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹39.35 Lakh (net margin 3.8%) and EBITDA of ₹1.12 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 9% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Craving Digital. As per MCA filings, the company has open charges of ₹66.21 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cravingdigital.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address208 B – Wing Everest Grande Comm Prem. Co.Op Soc. Mahakali Caves Rd Village Mulgaon Andh, Eri (East), Mumbai, Maharashtra, India – 400093
- 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
Associated Brands with Craving Digital Studio Private Limited
Craving Digital Studio operates one associated brand: Craving Digital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers CGI, 3D assets, image enhancement, and photography for client projects. | cravingdigital.com |
Competitors & Alternatives of Craving Digital Studio Private Limited
Brands and companies operating in the same space as Craving Digital Studio Private Limited include Corus Entertainment, HH Global, Scatter Lab and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Corus Entertainment | Media content is produced and distributed across diverse platforms. | Toronto, Canada | 1999 |
 HH Global | Outsourced procurement for marketing print and packaging is provided. | Leatherhead, United Kingdom | 1991 |
 Scatter Lab | An AI-powered platform for user-created interactive narratives is developed. | Seoul, South Korea | 2011 |
 YAAP | Content discovery, design, and marketing services are provided by YAAP. | Mumbai, India | 2015 |
 Blue Ant Media | Content is produced, distributed, and media channels are operated globally. | Toronto, Canada | 2011 |
 Dentsu Webchutney | India-based digital agency | Gurugram, India | 1999 |
 MTI | MTI is engaged in digital transformation and healthcare solutions. | Shinjuku City, Japan | 1996 |
 WPP | Content marketing services are provided by WPP globally. | London, United Kingdom | 1971 |
 VaynerMedia | Brand consulting agency | New York, United States | 2009 |
Business Activity of Craving Digital Studio Private Limited
The main business activity of Craving Digital Studio 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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 59 | Motion picture, video and television programme production, sound recording and music publishing 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
Verified entity values are shown only after access is granted.
Auditor Details of Craving Digital Studio Private Limited
Craving Digital Studio Private Limited is audited by N. N. SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. N. SHAH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Craving Digital Studio Private Limited
Craving Digital Studio has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Limaye Also directs: Xcai Tech Private Limited | Director | 22 Feb 2016 | 10 Years 7 Months | Current |
| Kushal Kasliwal | Director | 03 Jun 2019 | 7 Years 4 Months | Current |
Financials of Craving Digital Studio Private Limited FY 2025 filings available
Craving Digital Studio Private Limited reported revenue of ₹10.37 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Craving Digital Studio Private Limited
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 60% 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 of Craving Digital Studio Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.35 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Craving Digital Studio Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots 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 Craving Digital Studio are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Craving Digital Studio Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Craving Digital Studio Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2023 | Hdfc Bank Limited | ₹66.21 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Craving Digital Studio Private Limited
Craving Digital Studio Private Limited has a workforce of 31 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Craving Digital Studio Private Limited
Craving Digital Studio has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH7202G1ZV | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Craving Digital Studio Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Craving Digital Studio Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Craving Digital Studio Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Craving Digital Studio Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Craving Digital Studio Private Limited
Frequently Asked Questions about Craving Digital Studio Private Limited
Craving Digital Studio 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 29 July 2011 (15+ years old) and is registered under CIN U92412MH2011PTC220258.
Craving Digital Studio reported revenue of ₹10.37 Cr for FY 2025 (down 29% YoY).
Craving Digital Studio has 2 current directors:
- Ashish Limaye - Director
- Kushal Kasliwal - Director
Craving Digital Studio reported a net profit of ₹39.35 Lakh (net margin 3.8%) and EBITDA of ₹1.12 Cr (EBITDA margin 10.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Craving Digital Studio is 29% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Craving Digital Studio is 27AACCH7202G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Craving Digital Studio is U92412MH2011PTC220258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Craving Digital Studio was incorporated on 29 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Craving Digital Studio can be reached through the website cravingdigital.com. Its registered office is in Mumbai, Maharashtra, India.