
About Madison Specialist Communication Services Private Limited
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Madison Specialist Communication Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 05 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52300MH2011PTC211842. Its GSTIN is 27AAECK4496M1ZV (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Kabuza Marketing Private Limited. It is led by directors Lara Balsara Vajifdar and Sam Baman Balsara.
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 349 Business Point Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.55 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹6.48 Cr (net margin 19.3%) and EBITDA of ₹8.87 Cr (EBITDA margin 26.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 20% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 acquisition); the latest was in December 2012. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 907 overdue payments to 30 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 madisonindia.com.
Company details
Contact details
Madison Specialist Communication Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is madisonindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address349 Business Point Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Madison Specialist Communication Services 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
Business activity
The main business activity of Madison Specialist Communication Services is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Madison Specialist Communication Services Private Limited, buy the company report.
Financials of Madison Specialist Communication Services Private Limited
FY 2025 filings availableMadison Specialist Communication Services Private Limited reported revenue of ₹33.55 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 10% growth in the latest year. EBITDA rose 16% 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 |
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| EBITDA | ₹8.87 Cr | ||||
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| Net Profit (PAT) | ₹6.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 26.4% | ||||
| Net Profit Margin | 19.3% | ||||
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To see the full financial statements and ratios of Madison Specialist Communication Services Private Limited, buy the company report.
Board of directors of Madison Specialist Communication Services Private Limited
Madison Specialist Communication Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lara Balsara Vajifdar | Director | 05 Jan 2011 | 15 Years 10 Months | Current |
| Sam Baman Balsara | Director | 05 Jan 2011 | 15 Years 10 Months | Current |
Auditor
Madison Specialist Communication Services Private Limited is audited by LATHI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LATHI & CO | FY 2022 | 114697W |
Shareholding
The shareholding of Madison Specialist Communication Services 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Madison Specialist Communication Services Private Limited, buy the company report.
Deals & funding
Madison Specialist Communication Services Private Limited has 1 deal on record (1 acquisition); the latest was in December 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2012 | Acquisition | ₹1.7 Cr | Buyer: Madison Communications Private Limited Seller: Onmobile Global Limited |
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 Madison Specialist Communication Services 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
Madison Specialist Communication Services Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 907 overdue payments to 30 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 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bottomline Language Solutions Private Limited | |||
| an individual supplier | |||
| Perception & Quant Research Private Limited | |||
| Janga Media Private Limited | |||
| Consumer Connect Interactive Private Limited |
To see the full MSME payment records of Madison Specialist Communication Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Madison Specialist Communication Services has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Madison Specialist Communication Services Private Limited has a workforce of 49 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Madison Specialist Communication Services has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK4496M1ZV | Maharashtra | Active | 01 Jul 2017 |
| 29AAECK4496M1ZR | Karnataka | Active | 01 Jul 2017 |
| 07AAECK4496M2ZW | Delhi | Active | 16 Jul 2017 |
To see the full GST registrations and return filing status of Madison Specialist Communication Services Private Limited, buy the company report.
Recent activity
Madison Specialist Communication Services Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Chandramouli Janakiraman ceased to be Additional Director on 30 Nov 2012.
News
Frequently asked questions
Madison Specialist Communication Services 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 05 January 2011 (15+ years old) and is registered under CIN U52300MH2011PTC211842.
Madison Specialist Communication Services has 2 current directors:
- Lara Balsara Vajifdar - Director
- Sam Baman Balsara - Director
The latest financial statements of Madison Specialist Communication Services 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 2015 are in the company report.
The GSTIN of Madison Specialist Communication Services is 27AAECK4496M1ZV, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECK4496M1ZR (Karnataka), 07AAECK4496M2ZW (Delhi).
The CIN (Corporate Identification Number) of Madison Specialist Communication Services is U52300MH2011PTC211842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madison Specialist Communication Services was incorporated on 05 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Madison Specialist Communication Services has 1 deal on record (1 acquisition); the latest was in December 2012.
Chandramouli Janakiraman ceased to be Additional Director on 30 Nov 2012. Sandhya Chandna Gupta ceased to be Additional Director on 08 Aug 2012. Arvind Mohan Rao ceased to be Additional Director on 19 Jul 2012. Madison Specialist Communication Services has 6 board changes on record in total.
Madison Specialist Communication Services has 7 MSME Form 1 returns on record between 2019 and 2022, listing 907 overdue payments to 30 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Madison Specialist Communication Services can be reached through the website madisonindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Madison Specialist Communication Services is at 349 Business Point Western Express Highway Andheri East, Mumbai, Maharashtra, India – 400069.

