DPIIT recognised startup Government of India
Startup India
Jjust Music Label Private Limited
Jjust Music Label Private Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.06 Cr
▼ 9% YoY
Net profit · FY 2025
₹34.89 Lakh
Net margin 2.5%
EBITDA · FY 2025
₹48.02 Lakh
EBITDA margin 3.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Jjust Music Label Private Limited
Data last updated:
Jjust Music Label Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 03 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22219MH2019PTC324936. Its GSTIN is 27AAECJ5440L1ZC (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Karan Panjwani and Jackky Bhagnani.
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 ₹14.06 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹34.89 Lakh (net margin 2.5%) and EBITDA of ₹48.02 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years and 47% over five years.
The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in January 2021. Its 4 peer companies in the Media and Publishing industry (Film and Content Production, Music), with the same principal business activity (creative, arts and entertainment activities) are compared by revenue, 3 larger and 1 smaller; the largest is Vijayantony Film Corporation Private Limited with revenue of ₹14.22 Cr.
Jjust Music Label Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0142058).
Company details
CIN U22219MH2019PTC324936
Registration Number 324936
Incorporation Date 03 May 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0142058
Key People
Karan Panjwani Director Jackky Bhagnani Director Recognitions & Rankings of Jjust Music Label
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0142058
Contact details
Jjust Music Label Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No 1 Coelho House No 2 Juhu Vasant Baha Chs Ltd, Juhu Tara Road Juhu Near Sea Princes Hotel, Mumbai, Maharashtra, India – 400049
- IndustryMedia and Publishing, Film & Digital Content Production
To see the full contact details of Jjust Music Label Private Limited, buy the company report.
Comprehensive company report
Jjust Music Label Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Jjust Music Label is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Jjust Music Label Private Limited, buy the company report.
Financials of Jjust Music Label Private Limited
FY 2025 filings availableJjust Music Label Private Limited reported revenue of ₹14.06 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹14.06 Cr ▼ 9%
Net profit · FY 2025
₹34.89 Lakh margin 2.5%
EBITDA · FY 2025
₹48.02 Lakh margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 92%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 36%
5 years · compounded
▲ 110%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 47%. EBITDA fell 61% 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 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 | ₹48.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.89 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Jjust Music Label Private Limited, buy the company report.
Board of directors of Jjust Music Label Private Limited
Jjust Music Label has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Panjwani Also directs: Pooja Entertainment Limited, JVB Emerge Private Limited, JVB Media Private Limited and 4 more | Director | 06 May 2019 | 7 Years 6 Months | Current |
| Jackky Bhagnani Also directs: Multii Venturez LLP, PVB Developers Private Limited, Puja Entertainment (India) Limited and 5 more | Director | 03 May 2019 | 7 Years 6 Months | Current |
Peer comparison
Jjust Music Label Private Limited is compared with the 4 companies closest to it by revenue in the Media and Publishing industry (Film and Content Production, Music), with the same principal business activity (creative, arts and entertainment activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijayantony Film Corporation Private Limited | ₹14.22 Cr (FY 2019) | Chennai, Tamil Nadu, India | ||||
| Skillboxes (India) Private Limited | ₹14.12 Cr (FY 2023) | 333.0% | New Delhi, Delhi, India | |||
| Acropoliis Entertainment Private Limited | ₹14.1 Cr (FY 2025) | -56.0% | Kolkata, West Bengal, India | |||
| Jjust Music Label Private Limitedthis company | ₹14.06 Cr (FY 2025) | ₹34.89 Lakh | 2.5% | -9.0% | Mumbai, Maharashtra, India | |
| Y-Not Studios Private Limited | ₹14.04 Cr (FY 2025) | -49.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Jjust Music Label Private Limited, buy the company report.
Auditor
Jjust Music Label Private Limited is audited by JAYANTILAL THAKKAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANTILAL THAKKAR & CO | FY 2022 | 104133W |
Shareholding
The shareholding of Jjust Music Label Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jjust Music Label Private Limited, buy the company report.
Deals & funding
Jjust Music Label Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in January 2021.
Total deals
1
Funding round
1
Disclosed funding
₹1.99 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Funding round | ₹1.99 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Jjust Music Label Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jjust Music Label Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jjust Music Label has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECJ5440L1ZC | Maharashtra | Active | 27 Jun 2019 |
To see the full GST registrations and return filing status of Jjust Music Label Private Limited, buy the company report.
Recent activity
Jjust Music Label Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Gautam Sushilkumar Gupta ceased to be Director on 11 Jun 2021.
AGM
Jjust Music Label Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jjust Music Label Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Gautam Sushilkumar Gupta ceased to be Director.
Ceased
Karan Panjwani ceased to be Additional Director.
Ceased
Puja Vashdev Bhagnani ceased to be Director.
Appointed
Karan Panjwani was appointed as Director.
Appointed
Jackky Bhagnani was appointed as Director.
Incorporation
03 May 2019
Jjust Music Label Private Limited was registered on 03 May 2019 with Roc Mumbai & aged 7 years 6 months as per MCA records.
Frequently asked questions
Jjust Music Label is an active private limited company based in Mumbai, Maharashtra, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 03 May 2019 (7+ years old) and is registered under CIN U22219MH2019PTC324936.
Jjust Music Label has 2 current directors:
- Karan Panjwani - Director
- Jackky Bhagnani - Director
The latest financial statements of Jjust Music Label 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 FY 2020 are in the company report.
The GSTIN of Jjust Music Label is 27AAECJ5440L1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jjust Music Label is U22219MH2019PTC324936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jjust Music Label was incorporated on 03 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Jjust Music Label has 1 deal on record (1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in January 2021.
The peers of Jjust Music Label by revenue are Vijayantony Film Corporation Private Limited, Skillboxes (India) Private Limited, Acropoliis Entertainment Private Limited, Y-Not Studios Private Limited, all in the Media and Publishing industry (Film and Content Production, Music), with the same principal business activity (creative, arts and entertainment activities).
Gautam Sushilkumar Gupta ceased to be Director on 11 Jun 2021. Karan Panjwani ceased to be Additional Director on 31 Dec 2020. Puja Vashdev Bhagnani ceased to be Director on 06 Aug 2019. Jjust Music Label has 5 board changes on record in total.
Yes, Jjust Music Label is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Jjust Music Label is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0142058).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages