About Scarecrow M&C Saatchi Limited
Data last updated:
Scarecrow M&C Saatchi Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of M&C Saatchi Plc. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 01 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22190MH2008PLC188548. Its GSTIN is 27AADCC5484C1ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Scarecrow Communications Limited and Scarecrow Advertising Limited. It is led by directors including Manish Bhatt (Whole-Time Director) and Raghavendra Bhat (Whole-Time Director).
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 2nd Floor Kamani Chambers 32 Ramjibhai Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400038.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.63 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹6.36 Lakh (net margin 0.5%) and EBITDA of ₹23.89 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Scarecrow. Court records list 1 case involving the company. The company has 1 deal on record (1 acquisition); the latest was in April 2018. Its 10 peer companies in the Media and Publishing industry (Advertising Agencies) are compared by revenue, 5 larger and 5 smaller; the largest is Dotwise Digital Private Limited with revenue of ₹11.92 Cr. The company has 9 MSME Form 1 returns on record between 2018 and 2024, listing 38 overdue payments to 10 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 scarecrowmcsaatchi.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2nd Floor Kamani Chambers 32 Ramjibhai Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400038
- IndustryMedia and Publishing, Advertising Agencies & Media Services
- 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 Scarecrow M&C Saatchi Limited
The main business activity of Scarecrow M&C Saatchi is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Scarecrow M&C Saatchi Limited FY 2025 filings available
Scarecrow M&C Saatchi Limited reported revenue of ₹11.63 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Scarecrow M&C Saatchi Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 10% fall in the latest year. EBITDA rose 287% 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 Scarecrow M&C Saatchi 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 | ₹11.63 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹23.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.36 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 Scarecrow M&C Saatchi Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Scarecrow M&C Saatchi 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 Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dotwise Digital Private Limited | ₹11.92 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Synapse Communication Design Private Limited | ₹11.87 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Panaji, Goa, India |
| Integrated Brandcom Private Limited | ₹11.86 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Buffalo Soldiers Digital LLP | ₹11.83 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Noida, Uttar Pradesh, India |
| My Inbox Media Private Limited | ₹11.82 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Wiktionary Ads Private Limited | ₹11.81 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Delhi, India |
| Design Intervention India Private Limited | ₹11.81 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Mumbai, Maharashtra, India |
| Startup Craft Private Limited | ₹11.8 Cr (FY 2025) | •••• | •••• | 283.0% | •••• | New Delhi, Delhi, India |
| Greenline Vincom Private Limited | ₹11.8 Cr (FY 2025) | •••• | •••• | 125.0% | •••• | Kolkata, West Bengal, India |
| Cubes Media & Branding Private Limited | ₹11.79 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Raipur, Chhattisgarh, India |
| Scarecrow M&C Saatchi Limited this company | ₹11.63 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Scarecrow M&C Saatchi by revenue in the Media and Publishing industry (Advertising Agencies), 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 Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | 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 Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Bhatt | Whole-Time Director | 11 Jun 2010 | 16 Years 4 Months | Current |
| Raghavendra Bhat Also directs: Wastetech India Recycling Private Limited | Whole-Time Director | 11 Jun 2010 | 16 Years 4 Months | Current |
| Moray Alexander Stewart Maclennan Also directs: February Communications Private Limited | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
| Richard Geoffrey Morewood | Director | 23 Jul 2018 | 8 Years 2 Months | Current |
| Jobson Vilangupara Chacko Also directs: Warren Ray Consulting Private Limited | Director | 21 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Scarecrow M&C Saatchi 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 Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi Limited has 1 deal on record (1 acquisition); the latest was in April 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Acquisition | ₹99.61 Cr | Buyer: M and C Saatchi Plc Seller: Concept Group |
Full deal history
All 1 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 Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Company is another party | Disposed |
Full case history
All 1 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.
MSME Payment Delays by Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi Limited has 9 MSME Form 1 returns on record between 2018 and 2024, listing 38 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Calcutta Cineverse Private Limited | •••• | •••• | •••• |
| Idea Creative Solutions | •••• | •••• | •••• |
| Klarity Technoconsult Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi operates one associated brand: Scarecrow. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advertising and strategy services are provided to businesses in Asia. | scarecrow.asia |
Employees and EPFO Compliance at Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi Limited has a workforce of 1 employees as of Apr 02, 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.
Name History of Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi has undergone 3 name changes throughout its history. The company was previously known as Scarecrow Communications Limited, Scarecrow Advertising Limited, and Concept Investments Limited. The current legal name is Scarecrow M&C Saatchi Limited.
| Company Name | Status |
|---|---|
| Scarecrow M&C Saatchi Limited | Current |
| Scarecrow Communications Limited | Previous |
| Scarecrow Advertising Limited | Previous |
| Concept Investments Limited | Previous |
CIN History of Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi has one previous CIN (Corporate Identification Number): U67120MH2008PLC188548. The current CIN is U22190MH2008PLC188548, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22190MH2008PLC188548 | Current |
| U67120MH2008PLC188548 | Previous |
Recent Activity on Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi Limited has 16 board changes on record since 2010: 5 appointments and 11 cessations. The latest: Jobson Vilangupara Chacko ceased to be Additional Director on 09 Jun 2024.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Scarecrow M&C Saatchi 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.
Subsidiaries & Group Companies of Scarecrow M&C Saatchi 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 Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC5484C1ZR | 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 Scarecrow M&C Saatchi 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 Scarecrow M&C Saatchi Limited
Scarecrow M&C Saatchi is an active public 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 01 December 2008 (18+ years old) and is registered under CIN U22190MH2008PLC188548.
Scarecrow M&C Saatchi reported revenue of ₹11.63 Cr for FY 2025 (down 10% YoY).
Scarecrow M&C Saatchi has 5 current directors:
- Manish Bhatt - Whole-Time Director
- Raghavendra Bhat - Whole-Time Director
- Moray Alexander Stewart Maclennan - Director
- Richard Geoffrey Morewood - Director
- Jobson Vilangupara Chacko - Director
Scarecrow M&C Saatchi reported a net profit of ₹6.36 Lakh (net margin 0.5%) and EBITDA of ₹23.89 Lakh (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Scarecrow M&C Saatchi is 2% over three years and -4% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Scarecrow M&C Saatchi is 27AADCC5484C1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Scarecrow M&C Saatchi is U22190MH2008PLC188548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scarecrow M&C Saatchi has 1 court case on record.
Scarecrow M&C Saatchi was incorporated on 01 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Scarecrow M&C Saatchi has 1 deal on record (1 acquisition); the latest was in April 2018.
The peers of Scarecrow M&C Saatchi by revenue are Dotwise Digital Private Limited, Synapse Communication Design Private Limited, Integrated Brandcom Private Limited, Buffalo Soldiers Digital LLP, My Inbox Media Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).
Jobson Vilangupara Chacko ceased to be Additional Director on 09 Jun 2024. Jobson Vilangupara Chacko was appointed as Director on 21 Mar 2024. Moray Alexander Stewart Maclennan ceased to be Additional Director on 24 Dec 2020. Scarecrow M&C Saatchi has 16 board changes on record in total.