MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0096127
Panther Studio Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.94 Cr
▲ 46% YoY
Net profit · FY 2024
₹5.01 Lakh
Net margin 2.6%
EBITDA · FY 2024
₹22.67 Lakh
EBITDA margin 11.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Panther Studio Private Limited
Data last updated:
Panther Studio Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2013PTC074955. Its GSTIN is 24AAHCP1727H1ZK (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Payal Krunal Dave and Krunal Maheshbhai Dave.
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 B/502 Rudra Plaza Nr Patel Pan House Nr Judges Bunglow Char Rasta Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.94 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹5.01 Lakh (net margin 2.6%) and EBITDA of ₹22.67 Lakh (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 22% over five years.
The company is associated with 1 brand: Panther Studio. Court records list 2 cases involving the company, including 1 filed against it; 1 case is pending.
Panther Studio Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0096127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pantherstudio.in.
Company Details of Panther Studio Private Limited
CIN U72900GJ2013PTC074955
Registration Number 074955
Incorporation Date 08 May 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0096127
Recognitions & Rankings of Panther Studio
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB/502 Rudra Plaza Nr Patel Pan House Nr Judges Bunglow Char Rasta Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
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Associated Brands with Panther Studio Private Limited
Panther Studio operates one associated brand: Panther Studio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Augmented reality, virtual reality, and animation services are offered by Panther Studio for technology and creative sectors. | pantherstudio.in |
Business Activity of Panther Studio Private Limited
The main business activity of Panther Studio is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
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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
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Financials of Panther Studio Private Limited FY 2025 filings available
Panther Studio Private Limited reported revenue of ₹1.94 Cr (up 46% YoY) for FY 2024.
Revenue · FY 2024
₹1.94 Cr ▲ 46%
Net profit · FY 2024
₹5.01 Lakh margin 2.6%
EBITDA · FY 2024
₹22.67 Lakh margin 11.7%
Compounded Annual Growth Rate (CAGR) of Panther Studio Private Limited
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 49%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 40%
5 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 46% growth in the latest year. EBITDA rose 32% 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 Panther Studio Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹22.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.01 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 Panther Studio Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Panther Studio are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Panther Studio Private Limited
Panther Studio has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Krunal Dave | Director | 08 May 2013 | 13 Years 5 Months | Current |
| Krunal Maheshbhai Dave Also directs: Panther Technoserve LLP | Director | 08 May 2013 | 13 Years 5 Months | Current |
Peer Comparison of Panther Studio Private Limited
Panther Studio Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Itraitz IT Solutions Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Thiruvananthapuram, Kerala, India |
| Petgully Services Private Limited | ₹1.95 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Quickviz Studios Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Vincell Studios Private Limited | ₹1.95 Cr (FY 2024) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| Aiyo Labs Private Limited | ₹1.94 Cr (FY 2022) | •••• | •••• | 72.0% | •••• | Bangalore, Karnataka, India |
| Panther Studio Private Limited this company | ₹1.94 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Ahmedabad, Gujarat, India |
| Gai Technologies Private Limited | ₹1.94 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Hashbyte Studio Private Limited | ₹1.94 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Naraingarh, Haryana, India |
| Interserve Solutions Private Limited | ₹1.94 Cr (FY 2024) | •••• | •••• | 96.0% | •••• | Mohali, Punjab, India |
| Onetracker Technologies Private Limited | ₹1.94 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Belguriapara, Assam, India |
| Groworld Tecknica Engineering Private Limited | ₹1.94 Cr (FY 2023) | •••• | •••• | 127.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Panther Studio by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Panther Studio Private Limited
Panther Studio Private Limited is audited by VIRAL PATEL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIRAL PATEL & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Panther Studio Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Panther Studio Private Limited
Panther Studio Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Panther Studio Private Limited
Panther Studio Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Total cases
2
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Panther Studio Private Limited
Employment history and EPFO contributions of people linked to Panther Studio.
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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 Panther Studio Private Limited
Panther Studio Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Ami Hardik Dave ceased to be Director on 18 Apr 2022.
AGM
Panther Studio Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Panther Studio Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ami Hardik Dave ceased to be Director.
Appointed
Krunal Maheshbhai Dave was appointed as Director.
Appointed
Payal Krunal Dave was appointed as Director.
Incorporation
08 May 2013
Panther Studio Private Limited was registered on 08 May 2013 with Roc Ahmedabad & aged 13 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Panther Studio Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Panther Studio Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Panther Studio Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Panther Studio Private Limited
Panther Studio has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP1727H1ZK | Gujarat | Active | 01 Jul 2017 |
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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 Panther Studio 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 Panther Studio Private Limited
Panther Studio is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 May 2013 (13+ years old) and is registered under CIN U72900GJ2013PTC074955.
Panther Studio reported revenue of ₹1.94 Cr for FY 2024 (up 46% YoY).
Panther Studio has 2 current directors:
- Payal Krunal Dave - Director
- Krunal Maheshbhai Dave - Director
Panther Studio reported a net profit of ₹5.01 Lakh (net margin 2.6%) and EBITDA of ₹22.67 Lakh (EBITDA margin 11.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panther Studio is 49% over three years and 22% over five years. In the latest year (FY 2024) revenue rose 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panther Studio is 24AAHCP1727H1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Panther Studio is U72900GJ2013PTC074955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panther Studio has 2 court cases on record: 1 filed against it. 1 is pending. Most are in the high courts.
Panther Studio was incorporated on 08 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Panther Studio by revenue are Itraitz IT Solutions Private Limited, Petgully Services Private Limited, Quickviz Studios Private Limited, Vincell Studios Private Limited, Aiyo Labs Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Ami Hardik Dave ceased to be Director on 18 Apr 2022. Krunal Maheshbhai Dave was appointed as Director on 08 May 2013. Payal Krunal Dave was appointed as Director on 08 May 2013.