About Polygon Studios India Private Limited
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Polygon Studios India Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Polygon Pictures Inc.. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 16 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22300MH2021FTC364083. Its GSTIN is 27AAMCP1390B1ZI (Maharashtra).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors including Shuzo Shiota and Sandeep Sharad Betharia.
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.7 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 24.4%) and EBITDA of ₹1.74 Cr (EBITDA margin 36.9%).
For more details, the company can be reached via its website ppi-india.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address72/4 72/5 72/6 Solus Building Office No. 415 Hiranandani Estate Ghodbunder Road Tha, Ne (W), Thane, Maharashtra, India – 400607
- 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 Polygon Studios India Private Limited
The main business activity of Polygon Studios India 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 Polygon Studios India Private Limited FY 2025 filings available
Polygon Studios India Private Limited reported revenue of ₹4.7 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Polygon Studios India Private Limited
Revenue rose 3% in the latest year. EBITDA fell 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Polygon Studios India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• |
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| Other Expenses | •••• | •••• | •••• |
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| EBITDA | ₹1.74 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.15 Cr | •••• | •••• |
| Balance Sheet | |||
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| Reserves and Surplus | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
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Financial Ratios of Polygon Studios India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 36.9% | •••• | •••• |
| Net Profit Margin | 24.4% | •••• | •••• |
| 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 Polygon Studios India are in the company report.
Financial statements from FY 2022
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 Polygon Studios India Private Limited
Polygon Studios India Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Film and Content Production). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GTC Infomedia Private Limited | ₹4.74 Cr (FY 2025) | •••• | •••• | 303.0% | •••• | Delhi, India |
| U Digital Content Private Limited | ₹4.74 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Mumbai, Maharashtra, India |
| Trends Adfilm Makers Private Limited | ₹4.73 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Western Beats Private Limited | ₹4.72 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Rewari, Haryana, India |
| Trisha Studios Limited | ₹4.71 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Polygon Studios India Private Limited this company | ₹4.7 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Thane, Maharashtra, India |
| Ziiki Media Private Limited | ₹4.69 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Noida, Uttar Pradesh, India |
| Mographix Digital Private Limited | ₹4.69 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Gurugram, Haryana, India |
| V One Entertainment Private Limited | ₹4.69 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Heyo Entertainment Private Limited | ₹4.66 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Design Collective Media and Communications Private Limited | ₹4.63 Cr (FY 2024) | •••• | •••• | 73.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Polygon Studios India by revenue in the Media and Publishing industry (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 Polygon Studios India Private Limited
Polygon Studios India Private Limited is audited by ROUNAK JAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ROUNAK JAIN & 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 Polygon Studios India Private Limited
Polygon Studios India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shuzo Shiota | Director | 16 Jul 2021 | 5 Years 2 Months | Current |
| Sandeep Sharad Betharia Also directs: Fun House Entertainment Private Limited | Director | 16 Jul 2021 | 5 Years 2 Months | Current |
| Yoichi Ataka | Director | 29 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Polygon Studios India 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 Polygon Studios India Private Limited
Polygon Studios India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Polygon Studios India Private Limited
Polygon Studios India Private Limited has a workforce of 0 employees as of Apr 01, 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 Polygon Studios India Private Limited
Polygon Studios India Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Jack Tzong Jeng Liang ceased to be Director on 31 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Polygon Studios India 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 Polygon Studios India 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 Polygon Studios India 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 Polygon Studios India Private Limited
Polygon Studios India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCP1390B1ZI | Maharashtra | Active | 22 Jul 2021 |
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 Polygon Studios India 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 Polygon Studios India Private Limited
Polygon Studios India is an active foreign private limited company based in Thane, Maharashtra, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 16 July 2021 (5+ years old) and is registered under CIN U22300MH2021FTC364083.
Polygon Studios India reported revenue of ₹4.7 Cr for FY 2024 (up 3% YoY).
Polygon Studios India has 3 current directors:
- Shuzo Shiota - Director
- Sandeep Sharad Betharia - Director
- Yoichi Ataka - Director
Polygon Studios India reported a net profit of ₹1.15 Cr (net margin 24.4%) and EBITDA of ₹1.74 Cr (EBITDA margin 36.9%) for FY 2024, as per its filed financial statements.
The GSTIN of Polygon Studios India is 27AAMCP1390B1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polygon Studios India is U22300MH2021FTC364083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polygon Studios India was incorporated on 16 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Polygon Studios India by revenue are GTC Infomedia Private Limited, U Digital Content Private Limited, Trends Adfilm Makers Private Limited, Western Beats Private Limited, Trisha Studios Limited and 5 more, all in the Media and Publishing industry (Film and Content Production).
Jack Tzong Jeng Liang ceased to be Director on 31 Jan 2026. Yoichi Ataka was appointed as Director on 29 Jan 2025. Jack Tzong Jeng Liang was appointed as Director on 16 Jul 2021. Polygon Studios India has 5 board changes on record in total.
Polygon Studios India can be reached through the website ppi-india.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Polygon Studios India is at 724 725 726 Solus Building Office No. 415 Hiranandani Estate Ghodbunder Road Tha, Ne W, Thane, Maharashtra, India – 400607.