About White Background Studio Private Limited
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White Background Studio 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 22 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92490MH2021PTC369934. Its GSTIN is 27AADCW0937E1ZF (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹50,000. It is led by directors Raj Shirish Shetye and Shirish Harishchandra Shetye.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.18 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹84.41 Lakh (net margin 16.3%) and EBITDA of ₹87.11 Lakh (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years.
The company is associated with 1 brand: Whitebgstudio.
For more details, the company can be reached via its website whitebgstudio.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address4 – B Floor – 4 B Wing Harmony Tower, Dr E Moses Road Worli Naka Worli, Mumbai, Maharashtra, India – 400018
- 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 White Background Studio Private Limited
The main business activity of White Background Studio is professional, scientific and technical. In detail, this covers specialized design & photographic activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M7 | Specialized Design & Photographic 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 White Background Studio Private Limited FY 2025 filings available
White Background Studio Private Limited reported revenue of ₹5.18 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of White Background Studio Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 98% over three years, including 20% growth in the latest year. EBITDA rose 41% 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 White Background Studio Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹87.11 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹84.41 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 White Background Studio Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.8% | •••• | •••• | •••• |
| Net Profit Margin | 16.3% | •••• | •••• | •••• |
| 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 White Background Studio 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 White Background Studio Private Limited
White Background Studio Private 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 |
|---|---|---|---|---|---|---|
| Brooomsticks Productions Private Limited | ₹5.19 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Xperia Communications Private Limited | ₹5.19 Cr (FY 2025) | •••• | •••• | •••• | Amritsar, Punjab, India | |
| Ruglas Media Private Limited | ₹5.19 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chitalsar Manpada, Maharashtra, India |
| Protechmind Solutions Private Limited | ₹5.18 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Delhi, India |
| Initiatrix Technologies Private Limited | ₹5.18 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Noida, Uttar Pradesh, India |
| White Background Studio Private Limited this company | ₹5.18 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Maltar Services Private Limited | ₹5.17 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Indore, Madhya Pradesh, India |
| Credtech Solutions Private Limited | ₹5.17 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Glopss Media Private Limited | ₹5.17 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Zirakpur, Punjab, India |
| Synergos Tech Consulting Services Private Limited | ₹5.17 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Bangalore, Karnataka, India |
| Gallant Advertising Private Limited | ₹5.17 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below White Background Studio 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 White Background Studio Private Limited
White Background Studio Private Limited is audited by Mr Shashikant Khankhoje for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mr Shashikant Khankhoje | 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 White Background Studio Private Limited
White Background Studio has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Shirish Shetye Also directs: Scaillab Creatives LLP, Niska Lifestyle Brands LLP | Director | 22 Oct 2021 | 4 Years 11 Months | Current |
| Shirish Harishchandra Shetye | Director | 22 Oct 2021 | 4 Years 11 Months | Current |
Ownership and Shareholding of White Background Studio 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 White Background Studio Private Limited
White Background Studio Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with White Background Studio Private Limited
White Background Studio operates one associated brand: Whitebgstudio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers e-commerce photography and online cataloging for digital marketplaces. | whitebgstudio.com |
Employees and EPFO Compliance at White Background Studio Private Limited
White Background Studio Private Limited has a workforce of 0 employees as of Mar 29, 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 White Background Studio Private Limited
White Background Studio Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Raj Shirish Shetye was appointed as Director on 22 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for White Background Studio 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 White Background Studio 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 White Background Studio 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 White Background Studio Private Limited
White Background Studio has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCW0937E1ZF | Maharashtra | Active | 26 Oct 2021 |
| 07AADCW0937E1ZH | Delhi | Active | 25 Jan 2022 |
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 White Background Studio 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 White Background Studio Private Limited
White Background Studio 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 22 October 2021 (5+ years old) and is registered under CIN U92490MH2021PTC369934.
White Background Studio reported revenue of ₹5.18 Cr for FY 2025 (up 20% YoY).
White Background Studio has 2 current directors:
- Raj Shirish Shetye - Director
- Shirish Harishchandra Shetye - Director
White Background Studio reported a net profit of ₹84.41 Lakh (net margin 16.3%) and EBITDA of ₹87.11 Lakh (EBITDA margin 16.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of White Background Studio is 98% over three years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of White Background Studio is 27AADCW0937E1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AADCW0937E1ZH (Delhi).
The CIN (Corporate Identification Number) of White Background Studio is U92490MH2021PTC369934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
White Background Studio was incorporated on 22 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of White Background Studio by revenue are Brooomsticks Productions Private Limited, Xperia Communications Private Limited, Ruglas Media Private Limited, Protechmind Solutions Private Limited, Initiatrix Technologies Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).
Raj Shirish Shetye was appointed as Director on 22 Oct 2021. Shirish Harishchandra Shetye was appointed as Director on 22 Oct 2021.
White Background Studio can be reached through the website whitebgstudio.com. Its registered office is in Mumbai, Maharashtra, India.