Glitch Media Private Limited

Glitch Media Private Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U92490MH2011PTC212438 Incorporated 17 January 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company media and publishing
Data last updated
Revenue · FY 2023
₹46.88 Cr
▼ 36% YoY
Net profit · FY 2023
₹7.43 Cr
Net margin 15.9%
EBITDA · FY 2023
₹69.65 Lakh
EBITDA margin 1.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹11.1 Lakh
Issued & subscribed
Satisfied charges
₹2 Cr
No open charges
Company age
15 yrs
Est. 2011
Employees · EPFO
165
Provident fund records

About Glitch Media Private Limited

Data last updated:

Glitch Media Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Russell Square Holdings Bv. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 17 January 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92490MH2011PTC212438. Its GSTIN is 27AAECG0766C1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.1 Lakh. It is led by directors including Bhautik Navinchandra Mithani and Babita Baruah.

Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹46.88 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹7.43 Cr (net margin 15.9%) and EBITDA of ₹69.65 Lakh (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.

The company has about 165 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: The Glitch. As per MCA filings, the company has satisfied charges of ₹2 Cr on record. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹25.58 Cr; the latest was in April 2018. Its 10 peer companies in the Media and Publishing industry (Advertising Agencies, Film and Content Production) are compared by revenue, 5 larger and 5 smaller; the largest is HSV Media Private Limited with revenue of ₹47.42 Cr. The company has 14 MSME Form 1 returns on record between 2018 and 2024, listing 683 overdue payments to 67 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theglitch.in.

Company Details of Glitch Media Private Limited
CIN U92490MH2011PTC212438
Registration Number 212438
Incorporation Date 17 January 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Russell Square Holdings Bv
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    The Orb – Sahar 6th Floor A Wing, Village Marol Airport Andheri (East), Mumbai, Maharashtra, India – 400099
  • Industry
    Media and Publishing, Advertising Agencies & Media Services, Film & Digital Content Production
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Financials, compliance, directors, charges, ownership and filings for Glitch Media Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Glitch Media Private Limited

The main business activity of Glitch Media is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ3Motion picture, video and television programme production, sound recording and music publishing activitiesLocked
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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.

Financials of Glitch Media Private Limited FY 2024 filings available

Glitch Media Private Limited reported revenue of ₹46.88 Cr (down 36% YoY) for FY 2023.

Revenue · FY 2023
₹46.88 Cr ▼ 36%
Net profit · FY 2023
₹7.43 Cr margin 15.9%
EBITDA · FY 2023
₹69.65 Lakh margin 1.5%

Compounded Annual Growth Rate (CAGR) of Glitch Media Private Limited

Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 9%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 208%
3 years · compounded
▲ 249%
5 years · compounded
▼ 42%

Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 36% fall in the latest year. EBITDA rose 208% 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 Glitch Media Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹69.65 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹7.43 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 of Glitch Media Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin1.5%••••••••••••••••
Net Profit Margin15.9%••••••••••••••••
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 Glitch Media are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Glitch Media Private Limited

Glitch Media Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies, Film and Content Production). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
HSV Media Private Limited₹47.42 Cr (FY 2025)••••••••19.0%••••New Delhi, Delhi, India
Mediatech International Private Limited₹47.42 Cr (FY 2025)••••••••18.0%••••Delhi, India
Think9 Consumer Technologies Private Limited₹47.19 Cr (FY 2025)••••••••8.0%••••Mumbai, Maharashtra, India
Trendloud Digital India Private Limited₹47.1 Cr (FY 2025)••••••••44.0%••••Chennai, Tamil Nadu, India
Mogae Consultants Private Limited₹46.93 Cr (FY 2025)••••••••-2.0%••••Mumbai, Maharashtra, India
Glitch Media Private Limited this company₹46.88 Cr (FY 2023)••••••••-36.0%••••Mumbai, Maharashtra, India
Basic-4 Advertising Private Limited₹46.87 Cr (FY 2025)••••••••149.0%••••New Delhi, Delhi, India
CDM Technologies & Solutions Private Limited₹46.69 Cr (FY 2025)••••••••12.0%••••New Delhi, Delhi, India
Wallop Advertising Private Limited₹46.64 Cr (FY 2025)••••••••36.0%••••Mumbai, Maharashtra, India
Cosmos Maya India Private Limited₹46.54 Cr (FY 2025)••••••••-47.0%••••Mumbai, Maharashtra, India
Aashirvad Cinemas Private Limited₹46.48 Cr (FY 2024)••••••••••••Ernakulam, Kerala, India

Peers are the five companies nearest above and the five nearest below Glitch Media by revenue in the Media and Publishing industry (Advertising Agencies, Film and Content Production), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Glitch Media Private Limited

Glitch Media Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2022.

NameStatusAppointment DateCessation Date
DELOITTE HASKINS & SELLS LLPLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Glitch Media Private Limited

Glitch Media has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Ownership and Shareholding of Glitch Media Private Limited

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of Glitch Media Private Limited

Open charges
None
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹2.00 Cr
Latest charge details
DateLenderAmountStatus
14 Jun 2014Hdfc Bank Limited₹2 CrSatisfied

Total charge records: 1 View all charges

Deals & Funding of Glitch Media Private Limited

Glitch Media Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹25.58 Cr; the latest was in April 2018.

Total deals
2
Funding rounds
2
Disclosed funding
₹25.58 Cr

Deals on record (1 of 2)

WhenDealAmountParties
Feb 2018Funding round₹11.9 LakhInvestors: an individual
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All 2 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Glitch Media Private Limited

Glitch Media Private Limited has 14 MSME Form 1 returns on record between 2018 and 2024, listing 683 overdue payments to 67 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 67)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Glitch Media Private Limited

Glitch Media operates one associated brand: The Glitch. Each brand links to its own profile.

BrandDescriptionWebsite
Broadcasting and media production companytheglitch.in

Employees and EPFO Compliance at Glitch Media Private Limited

Glitch Media Private Limited has a workforce of 165 employees as of Apr 02, 2024.

Employee count
165
Active EPFO establishments
1
Employee growth
-36.05%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Glitch Media Private Limited

Glitch Media Private Limited has 20 board changes on record since 2018: 4 appointments and 16 cessations. The latest: Babita Baruah ceased to be Additional Director on 29 Jun 2025.

AGM
Glitch Media Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Ceased
Babita Baruah ceased to be Additional Director.
Appointed
Babita Baruah was appointed as Director.
Filing
Glitch Media Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Mumbai I.
Ceased
Bhautik Navinchandra Mithani ceased to be Additional Director.
Ceased
John Rees David ceased to be Additional Director.
Ceased
Jyoti Mahendru ceased to be Additional Director.
Appointed
Bhautik Navinchandra Mithani was appointed as Director.
Appointed
John Rees David was appointed as Director.
Appointed
Jyoti Mahendru was appointed as Director.
Ceased
Varun Duggirala ceased to be Whole-Time Director.
Ceased
Marc Sigle ceased to be Additional Director.

14 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Glitch Media Private Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of Glitch Media Private Limited

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Corporate group structure

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GST Compliance of Glitch Media Private Limited

Glitch Media has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAECG0766C1ZVMaharashtraActive01 Jul 2017
06AAECG0766C1ZZHaryanaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Glitch Media Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Glitch Media Private Limited

Glitch Media 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 17 January 2011 (15+ years old) and is registered under CIN U92490MH2011PTC212438.

Glitch Media reported revenue of ₹46.88 Cr for FY 2023 (down 36% YoY).

Glitch Media has 3 current directors:

Glitch Media reported a net profit of ₹7.43 Cr (net margin 15.9%) and EBITDA of ₹69.65 Lakh (EBITDA margin 1.5%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Glitch Media is -9% over three years and -1% over five years. In the latest year (FY 2023) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Glitch Media is 27AAECG0766C1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAECG0766C1ZZ (Haryana).

The CIN (Corporate Identification Number) of Glitch Media is U92490MH2011PTC212438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Glitch Media was incorporated on 17 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Glitch Media has 2 deals on record (2 funding rounds), with disclosed funding of ₹25.58 Cr; the latest was in April 2018.

The peers of Glitch Media by revenue are HSV Media Private Limited, Mediatech International Private Limited, Think9 Consumer Technologies Private Limited, Trendloud Digital India Private Limited, Mogae Consultants Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies, Film and Content Production).

Babita Baruah ceased to be Additional Director on 29 Jun 2025. Babita Baruah was appointed as Director on 02 Apr 2025. Bhautik Navinchandra Mithani ceased to be Additional Director on 27 Jun 2024. Glitch Media has 20 board changes on record in total.

Glitch Media has 14 MSME Form 1 returns on record between 2018 and 2024, listing 683 overdue payments to 67 micro and small suppliers. The latest return was filed on 17 Apr 2024.

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