Truly Musical LLP

Truly Musical LLP - events and entertainment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAG-7522 Incorporated 22 June 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership events and entertainment
Data last updated
Revenue · FY 2023
₹3.81 Cr
▲ 756% YoY
Net profit · FY 2023
₹2.58 Cr
Net margin 67.6%
EBITDA · FY 2023
₹1.39 Cr
EBITDA margin 36.5%
Contribution obligation
₹50,000
As per LLP agreement
LLP age
10 yrs
Est. 2016
Designated partners
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2025
Balance sheet date

About Truly Musical LLP

Data last updated:

Truly Musical LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 22 June 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAG-7522. The LLP has 1 GST registration on record, which is no longer active.

The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners Tarsame Mange Mittal and Vinita Sabberwal.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹3.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.58 Cr (net margin 67.6%) and EBITDA of ₹1.39 Cr (EBITDA margin 36.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 20% over five years.

Company Details of Truly Musical LLP
LLPIN AAG-7522
Incorporation Date 22 June 2016
Total Obligation of Contribution ₹50,000
ROC Mumbai
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
Key People
Tarsame Mange Mittal Designated Partner Vinita Sabberwal Designated Partner
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Cottage No. 64 Aram Nagar II, Versova Andheri (W), Mumbai, Maharashtra, India – 400061
  • Industry
    Events and Entertainment, Event Planning & Management
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Financials, compliance, directors, charges, ownership and filings for Truly Musical LLP in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Financials of Truly Musical LLP FY 2025 filings available

Truly Musical LLP reported revenue of ₹3.81 Cr (up 756% YoY) for FY 2023.

Revenue · FY 2023
₹3.81 Cr ▲ 756%
Net profit · FY 2023
₹2.58 Cr margin 67.6%
EBITDA · FY 2023
₹1.39 Cr margin 36.5%

Compounded Annual Growth Rate (CAGR) of Truly Musical LLP

Revenue CAGR growth
1 year
▲ 756%
3 years · compounded
▲ 4%
5 years · compounded
▲ 20%
EBITDA CAGR growth
3 years · compounded
▼ 25%
5 years · compounded
▼ 2%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 756% growth 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 Truly Musical LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover••••••••••••••••••••
Other Income••••••••••••••••••••
Total Income₹3.81 Cr••••••••••••••••
Purchases and Direct Costs••••••••••••••••••••
Personnel Expenses••••••••••••••••••••
Administrative Expenses••••••••••••••••••••
Interest••••••••••••••••••••
Depreciation••••••••••••••••••••
Total Expenses••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax••••••••••••••••••••
Profit After Tax₹2.58 Cr••••••••••••••••
Profit Transferred to Partners••••••••••••••••••••
Assets and Liabilities
Partners' Contribution••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Secured Loans••••••••••••••••••••
Unsecured Loans••••••••••••••••••••
Trade Payables••••••••••••••••••••
Other Liabilities and Provisions••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Loans and Advances••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Truly Musical LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin67.6%••••••••••••••••
Return on Partners' Funds••••••••••••••••••••
Return on Assets••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Debt to Partners' Funds••••••••••••••••••••
Interest Coverage••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Turnover Growth••••••••••••••••••••
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 8. The full year-wise statements and ratios of Truly Musical are in the company report.

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Financial statements from FY 2017

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Auditor Details of Truly Musical LLP

Truly Musical LLP is audited by PORWAL & PORWAL LLP for the financial year 2021.

NameStatusAppointment DateCessation Date
PORWAL & PORWAL LLPLockedLockedLocked
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Designated Partners of Truly Musical LLP

Truly Musical has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Tarsame Mange Mittal
Also directs: TM Concepts LLP, TM Talent Management LLP, II Music LLP and 5 more
Designated Partner22 Jun 201610 Years 3 MonthsCurrent
Vinita Sabberwal
Also directs: TM Concepts LLP, TM Talent Management LLP, II Music LLP and 2 more
Designated Partner22 Jun 201610 Years 3 MonthsCurrent
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Ownership and Shareholding of Truly Musical LLP

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Charges & Borrowings of Truly Musical LLP

Truly Musical LLP does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Truly Musical LLP

Employment history and EPFO contributions of people linked to Truly Musical.

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Employee and EPFO history

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Recent Activity on Truly Musical LLP

Truly Musical LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Tarsame Mange Mittal was appointed as Designated Partner on 22 Jun 2016.

AGM
Truly Musical Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Truly Musical Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Tarsame Mange Mittal was appointed as Designated Partner.
Appointed
Vinita Sabberwal was appointed as Designated Partner.
Incorporation
22 Jun 2016
Truly Musical Llp was registered on 22 Jun 2016 with Roc Mumbai & aged 10 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Truly Musical LLP

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MSME Payment Delays by Truly Musical LLP

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Subsidiaries & Group Companies of Truly Musical LLP

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GST Compliance of Truly Musical LLP

Truly Musical has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Truly Musical LLP

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Frequently Asked Questions about Truly Musical LLP

Truly Musical is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in event planning and management, within the events and entertainment industry. It was incorporated on 22 June 2016 (10+ years old) and is registered under LLPIN AAG-7522.

Truly Musical reported revenue of ₹3.81 Cr for FY 2023 (up 756% YoY).

Truly Musical has 2 current designated partners:

Truly Musical reported a net profit of ₹2.58 Cr (net margin 67.6%) and EBITDA of ₹1.39 Cr (EBITDA margin 36.5%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Truly Musical is 4% over three years and 20% over five years. In the latest year (FY 2023) revenue rose 756%. CAGR is the steady yearly rate that links the first and the last year.

No. Truly Musical has 1 GST registration on record and it is cancelled or inactive.

The LLPIN (Limited Liability Partnership Identification Number) of Truly Musical is AAG-7522. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Truly Musical was incorporated on 22 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Tarsame Mange Mittal was appointed as Designated Partner on 22 Jun 2016. Vinita Sabberwal was appointed as Designated Partner on 22 Jun 2016.

The registered office of Truly Musical is at Cottage No. 64 Aram Nagar II, Versova Andheri W, Mumbai, Maharashtra, India – 400061.

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