
About Mad Studios Private Limited
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Mad Studios Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 30 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74300MH2012PTC226498. Its GSTIN is 27AAHCM6969N1ZI (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.45 Cr. It is led by directors Sunil Surajprakash Manchanda (Person Incharge) and Gaurav Rajkumar Verma.
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 ₹2.2 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹2.63 Lakh (net margin -1.2%) and EBITDA of ₹28.51 Lakh (EBITDA margin 13%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 30% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MAD Studios. As per MCA filings, the company has open charges of ₹2.58 Cr and satisfied charges of ₹32.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹50.15 Cr; the latest was in April 2012. Its 10 peer companies in the Media and Publishing industry (Film and Content Production) are compared by revenue, 5 larger and 5 smaller; the largest is Peninsula Pictures Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madstudios.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address202 The Great Eastern Store Shanti, Vile Parle West Gandhigram Road, Mumbai, Maharashtra, India – 400049
- IndustryMedia and Publishing, Film & Digital Content Production
- 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
Business Activity of Mad Studios Private Limited
The main business activity of Mad Studios 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 | J3 | 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.
Financials of Mad Studios Private Limited FY 2025 filings available
Mad Studios Private Limited reported revenue of ₹2.2 Cr (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mad Studios Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 69% fall in the latest year. EBITDA fell 78% 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 Mad Studios 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 | ₹28.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.63 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 Mad Studios Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.2% | •••• | •••• | •••• | •••• |
| 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 Mad Studios 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.
Peer Comparison of Mad Studios Private Limited
Mad Studios Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Film and Content Production). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Peninsula Pictures Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mass Studios Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Concept Films Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Dreamz Animations Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| New Version Studios Private Limited | •••• | •••• | •••• | •••• | - | Namakkal, Tamil Nadu, India |
| Mad Studios Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vishal Bhardwaj Pictures Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Rajpurohit Technosolutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Dreambridge Productions Private Limited | •••• | •••• | •••• | •••• | - | East Tambaram, Tamil Nadu, India |
| Highlight Films Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ever Clear Films Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mad Studios by revenue in the Media and Publishing industry (Film and Content Production), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mad Studios Private Limited
Mad Studios Private Limited is audited by MAYUR R SHAH & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAYUR R SHAH & ASSOCIATES | 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 Mad Studios Private Limited
Mad Studios has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Surajprakash Manchanda Also directs: A-Mad Productions Private Limited, Mad Entertainment Limited | Person Incharge | 03 Apr 2012 | 14 Years 6 Months | Current |
| Gaurav Rajkumar Verma Also directs: Mad Films Commercial LLP | Director | 20 Feb 2014 | 12 Years 7 Months | Current |
Ownership and Shareholding of Mad Studios 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 Mad Studios Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2017 | Others | ₹54.6 Lakh | Open |
| 29 Nov 2017 | Others | ₹60.75 Lakh | Open |
| 29 Nov 2017 | Others | ₹60.75 Lakh | Open |
| 29 Nov 2017 | Others | ₹60.67 Lakh | Open |
| 29 Nov 2017 | Others | ₹7.25 Lakh | Open |
Total charge records: 9 View all charges
Deals & Funding of Mad Studios Private Limited
Mad Studios Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹50.15 Cr; the latest was in April 2012.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Funding round | ₹46.45 Cr | Investors: Ambit Pragma Ventures, an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mad Studios Private Limited
Mad Studios Private Limited has 2 court cases on record: 1 filed by Mad Studios, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IT) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Mad Studios Private Limited
Mad Studios operates one associated brand: MAD Studios. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Film production and studio services are provided in Mumbai. | madstudios.in |
Employees and EPFO Compliance at Mad Studios Private Limited
Mad Studios Private Limited has a workforce of 12 employees as of Apr 10, 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.
Recent Activity on Mad Studios Private Limited
Mad Studios Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Nirmesh Prakash ceased to be Nominee Director on 17 Jul 2018.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mad Studios 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 Mad Studios 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 Mad Studios 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.
GST Compliance of Mad Studios Private Limited
Mad Studios has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM6969N1ZI | 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.
MCA Filings & Documents of Mad Studios 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.
Frequently Asked Questions about Mad Studios Private Limited
Mad Studios 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 30 January 2012 (14+ years old) and is registered under CIN U74300MH2012PTC226498.
Mad Studios reported revenue of ₹2.2 Cr for FY 2025 (down 69% YoY).
Mad Studios has 2 current directors:
- Gaurav Rajkumar Verma - Director
- Sunil Surajprakash Manchanda - Person Incharge
Mad Studios reported a net loss of ₹2.63 Lakh (net margin -1.2%) and EBITDA of ₹28.51 Lakh (EBITDA margin 13%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mad Studios is -45% over three years and -30% over five years. In the latest year (FY 2025) revenue fell 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mad Studios is 27AAHCM6969N1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mad Studios is U74300MH2012PTC226498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mad Studios has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Mad Studios was incorporated on 30 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Mad Studios has 2 deals on record (2 funding rounds), with disclosed funding of ₹50.15 Cr; the latest was in April 2012.
The peers of Mad Studios by revenue are Peninsula Pictures Private Limited, Mass Studios Private Limited, Concept Films Private Limited, Dreamz Animations Private Limited, New Version Studios Private Limited and 5 more, all in the Media and Publishing industry (Film and Content Production).