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Madison Communications
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Registered Details

MADISON COMMUNICATIONS PRIVATE LIMITED

All Companies ›

Maharashtra ›

Business Services ›

Active

Updated: 30 Sep 2025

The company provides media and marketing services. It offers advertising, business analysis, planning services, audience delivery analysis, media research, media buying strategies, film marketing, and celebrity management.

Madison Communications Private Limited, is an unlisted private company incorporated on 25 September, 1995. It is classified as a private limited company and is located in , . It's authorized share capital is INR 1.00 cr and the total paid-up capital is INR 87.91 lac.

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Industry and products

Business Services

and celebrity management., Advertising, film marketing, business analysis, planning services, media buying strategies, media research, audience delivery analysis

Company size

Auth Capital

₹ 1.0 Cr

Paidup Capital

₹ 87.9 L

Revenue

₹ 3000-3250 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

2416.02%

₹ 3,103.2

EBITDA

34.14%

₹ 20.2

Net Profit

58.17%

₹ 26.4

Networth

10.24%

₹ 155.1

Borrowings

₹ -

Assets

17.25%

₹ 882.7

Gross Margin

100.0 %

Operating Margin

-12.56

0.7 %

Net Profit Margin

-12.66

0.8 %

Return on Equity

5.15

17.0 %

ROCE

2.49

11.9 %

Debt to Equity

0.0

Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (12)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Managing Director	Sam Balsara Shareholder	00076942	30 years
Director	Soli Bomanji Bulsara Shareholder	00606586	30 years
Whole-time Director	Lara Balsara Vajifdar	00089327	19 years
Director	Vikram Sakhuja Shareholder	00398420	10 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	121.4	101.3	110.9	113.8	3,086.4
Operating profit	38.4	31.2	29.6	15.0	20.2
Net profit	28.3	27.5	24.6	16.7	26.4
Gross margin	100.0	100.0	100.0	100.0	100.0
Operating margin	31.6	30.8	26.7	13.2	0.7
Net margin	22.0	25.4	21.2	13.5	0.8
Networth	84.0	111.5	122.4	140.7	155.1
Borrowings	-	-	-	-	-
Assets	624.5	822.1	690.2	752.8	882.7
Debt to equity	0.0	0.0	0.0	0.0	0.0
Current ratio	1.1	1.1	1.2	1.2	1.2
ROE	33.7	24.6	20.1	11.8	17.0
Days payable	-	-	-	-	-
WC days	216.0	383.0	375.0	431.0	17.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.9	0.9	0.9	0.9	0.9
Reserves	83.1	110.6	121.5	139.8	154.2
Borrowings +	-	-	-	-	-
Long term borrowings	-	-	-	-	-
Short term borrowings	-	-	-	-	-
Trade payables +	487.0	609.7	464.8	534.9	658.5
Days payable	-	-	-	-	-
Other liabilities +	540.4	710.5	567.8	612.1	727.5
Other non-current liabilities	7.9	12.3	11.0	11.4	12.4
Other current liabilities	45.5	88.6	92.0	65.7	56.7
Total liabilities	624.5	822.1	690.2	752.8	882.7
Fixed Assets +	8.6	7.5	8.8	7.6	8.9
Tangible assets	8.6	7.5	8.8	7.6	8.9
CWIP	-	-	-	-	-
Intangible assets	-	-	-	-	-
LT loans and advances	3.6	3.6	3.4	3.3	-
Other non-current assets	8.0	6.6	7.2	6.9	11.2
Current assets +	604.2	804.5	670.8	735.0	862.6
Inventories	-	-	-	-	-
Trade receivables	399.1	595.3	469.4	531.4	645.7
Cash and cash equivalents	91.2	68.5	44.3	90.8	45.8
ST loans and advances	87.7	92.7	120.0	100.7	0.2
Other current assets	26.3	47.9	37.0	12.1	170.9
Total assets	624.5	822.1	690.2	752.8	882.7

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.14	0.11	0.13	0.12	0.1
Reserves	13.31	13.46	17.6	18.57	17.48
Borrowings +	0.0	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	77.99	74.16	67.34	71.06	74.6
Other liabilities +	86.54	86.43	82.27	81.31	82.43
Other non-current liabilities	1.27	1.49	1.59	1.51	1.41
Other current liabilities	7.28	10.78	13.33	8.73	6.42
Total liabilities
Fixed Assets +	1.38	0.91	1.28	1.01	1.01
Tangible assets	1.38	0.91	1.28	1.01	1.01
CWIP	0.0	0.0	0.0	0.0	0.0
Intangible assets	0.0	0.0	0.0	0.0	0.0
LT loans and advances	0.58	0.43	0.5	0.44	0.0
Other non-current assets	1.29	0.8	1.04	0.92	1.26
Current assets +	96.76	97.86	97.19	97.63	97.72
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	63.91	72.42	68.01	70.6	73.16
Cash and cash equivalents	14.6	8.34	6.42	12.06	5.18
ST loans and advances	14.04	11.27	17.39	13.38	0.02
Other current assets	4.2	5.83	5.37	1.6	19.36
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.9	0.9	0.9	0.9	0.9
Reserves	86.1	117.0	135.4	158.6	187.3
Borrowings +	-	-	-	-	-
Long term borrowings	-	-	-	-	-
Short term borrowings	-	-	-	-	-
Trade payables +	488.8	620.7	497.9	625.2	772.7
Days payable	-	-	-	-	-
Other liabilities +	545.0	725.5	616.5	711.5	853.8
Other non-current liabilities	8.3	12.9	11.8	12.9	14.4
Other current liabilities	47.9	91.9	106.8	73.4	66.7
Total liabilities	631.9	843.4	752.8	870.9	1,042.0
Fixed Assets +	13.5	12.3	14.3	14.4	16.0
Tangible assets	9.9	8.6	10.7	10.8	12.3
CWIP	3.7	-	-	-	-
Intangible assets	-	3.7	3.7	3.7	3.7
LT loans and advances	4.2	4.6	4.7	4.4	-
Other non-current assets	3.4	2.0	2.5	2.3	10.1
Current assets +	610.9	824.5	731.3	849.9	1,015.9
Inventories	-	-	-	-	-
Trade receivables	402.6	609.4	499.8	580.2	701.4
Cash and cash equivalents	93.1	72.7	52.6	103.7	78.2
ST loans and advances	88.9	95.6	129.0	110.1	0.3
Other current assets	26.3	46.8	50.0	55.9	236.0
Total assets	631.9	843.4	752.8	870.9	1,042.0

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.14	0.11	0.12	0.1	0.08
Reserves	13.62	13.87	17.99	18.21	17.98
Borrowings +	0.0	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	77.36	73.59	66.14	71.78	74.16
Other liabilities +	86.24	86.02	81.89	81.69	81.94
Other non-current liabilities	1.31	1.53	1.57	1.48	1.38
Other current liabilities	7.58	10.89	14.18	8.43	6.4
Total liabilities
Fixed Assets +	2.14	1.46	1.9	1.65	1.53
Tangible assets	1.56	1.02	1.42	1.24	1.18
CWIP	0.58	0.0	0.0	0.0	0.0
Intangible assets	0.0	0.43	0.49	0.42	0.35
LT loans and advances	0.66	0.54	0.62	0.5	0.0
Other non-current assets	0.54	0.23	0.33	0.26	0.97
Current assets +	96.67	97.77	97.14	97.58	97.5
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	63.71	72.26	66.39	66.62	67.31
Cash and cash equivalents	14.73	8.62	6.98	11.9	7.51
ST loans and advances	14.07	11.34	17.13	12.64	0.03
Other current assets	4.16	5.55	6.64	6.42	22.65
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	121.4	101.3	110.9	113.8	3,086.4
Sales growth %	24.12	-16.55	9.46	2.65	2611.11
Expenses +	84.1	71.4	82.8	100.5	3,067.8
Cost of goods	-	-	-	-	-
Employee cost	61.7	54.8	60.4	74.6	86.8
Other costs	21.3	15.4	20.9	24.2	2,979.3
Operating profit +	38.4	31.2	29.6	15.0	20.2
Operating margin %	31.6	30.8	26.7	13.2	0.7
Other income	7.4	6.9	5.0	9.5	16.8
Interest	-	-	-	-	-
Depreciation	1.0	1.3	1.5	1.7	1.6
Exceptional items	-	-	-	-	-
Profit before tax	44.3	36.2	33.1	22.9	35.4
Tax	16.0	8.7	8.5	6.2	9.1
Profit - disc. ops	-	-	-	-	-
Net profit	28.3	27.5	24.6	16.7	26.4
Net margin %	22.0	25.4	21.2	13.5	0.8

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	94.25	93.64	95.69	92.3	99.46
Expenses +	65.26	66.02	71.46	81.47	98.86
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	47.9	50.62	52.12	60.49	2.8
Other costs	16.52	14.21	18.02	19.62	96.01
Operating profit	29.83	28.81	25.55	12.19	0.65
Other income	5.75	6.36	4.31	7.7	0.54
Interest	0.08	0.0	0.0	0.0	0.0
Depreciation	0.76	1.19	1.32	1.36	0.05
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	34.41	33.43	28.54	18.53	1.14
Tax	12.41	8.04	7.35	5.02	0.29
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	22.01	25.39	21.18	13.51	0.85

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	137.9	118.3	140.9	153.4	3,537.2
Sales growth %	29.27	-14.16	19.05	8.87	2206.34
Expenses +	96.1	83.9	101.9	132.4	3,500.1
Cost of goods	-	-	-	-	-
Employee cost	70.4	65.1	76.6	100.8	122.8
Other costs	24.4	17.3	23.4	29.4	3,374.9
Operating profit +	43.1	36.0	40.8	23.1	39.5
Operating margin %	31.2	30.4	29.0	15.1	1.1
Other income	7.5	7.0	5.0	10.0	17.6
Interest	0.1	-	-	-	-
Depreciation	1.2	1.6	1.9	2.2	2.4
Exceptional items	-	-	-	-	-
Profit before tax	49.2	40.8	43.2	30.9	54.8
Tax	17.2	9.9	11.1	9.3	14.1
Profit - disc. ops	-	-	-	-	-
Net profit	32.0	29.2	35.8	19.2	33.7
Net margin %	22.0	23.3	24.5	11.8	0.9

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	94.86	94.42	96.54	93.89	99.5
Expenses +	66.14	66.93	69.85	81.08	98.46
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	48.46	51.91	52.52	61.72	3.45
Other costs	16.77	13.78	16.05	18.01	94.94
Operating profit	29.63	28.73	27.97	14.17	1.11
Other income	5.14	5.58	3.46	6.11	0.5
Interest	0.07	0.0	0.0	0.0	0.0
Depreciation	0.84	1.24	1.28	1.36	0.07
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	33.86	32.59	29.6	18.92	1.54
Tax	11.85	7.91	7.6	5.67	0.4
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	22.01	23.33	24.53	11.76	0.95

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.0	0.0	0.0
Net Debt/Equity	0.0	0.0	0.0	0.0	0.0
Total Debt/Assets	0.0	0.0	0.0	0.0	0.0
Total Assets/Equity	7.4	7.4	5.6	5.3	5.7
Liquidity +
Current Ratio	1.1	1.1	1.2	1.2	1.2
Quick Ratio	1.1	1.1	1.2	1.2	1.2
Interest Coverage	384.5	9,504.1	-	-	-
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	31.6	30.8	26.7	13.2	0.7
Net Margin	22.0	25.4	21.2	13.5	0.8
Return +
Return on Equity	33.7	24.6	20.1	11.8	17.0
Pre-tax ROCE	46.6	26.3	22.9	9.4	11.9
Return on Assets	4.5	3.3	3.6	2.2	3.0
Pre-tax ROIC	44.6	26.8	22.9	9.5	12.0
Efficiency +
Days Payable	-	-	-	-	-
Days Inventory	-	-	-	-	-
Days Receivable	1,200.0	2,145.0	1,545.0	1,704.0	76.0
Fixed Asset Turnover	14.1	13.6	12.6	14.9	345.5
Total Asset Turnover	0.2	0.1	0.2	0.1	3.5
Working Capital
Cash Conversion Cycle	1,200.0	2,145.0	1,545.0	1,704.0	76.0
Working Capital Days	216.0	383.0	375.0	431.0	17.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.0	0.0	0.0
Net Debt/Equity	0.0	0.0	0.0	0.0	0.0
Total Debt/Assets	0.0	0.0	0.0	0.0	0.0
Total Assets/Equity	7.3	7.2	5.5	5.5	5.5
Liquidity +
Current Ratio	1.1	1.2	1.2	1.2	1.2
Quick Ratio	1.1	1.2	1.2	1.2	1.2
Interest Coverage	423.5	10,979.2	-	-	-
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	31.2	30.4	29.0	15.1	1.1
Net Margin	22.0	23.3	24.5	11.8	0.9
Return +
Return on Equity	36.8	24.8	26.3	12.0	17.9
Pre-tax ROCE	47.7	27.7	27.6	12.6	19.3
Return on Assets	5.1	3.5	4.8	2.2	3.2
Pre-tax ROIC	48.1	29.2	28.6	13.1	19.7
Efficiency +
Days Payable	-	-	-	-	-
Days Inventory	-	-	-	-	-
Days Receivable	1,066.0	1,880.0	1,295.0	1,381.0	72.0
Fixed Asset Turnover	10.2	9.6	9.8	10.6	221.4
Total Asset Turnover	0.2	0.1	0.2	0.2	3.4
Working Capital
Cash Conversion Cycle	1,066.0	1,880.0	1,295.0	1,381.0	72.0
Working Capital Days	196.0	346.0	328.0	360.0	18.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
FIELD SPORT PLAYER MANAGEMENT PRIVATE LIMITED	Active	3.0 Cr	2	Maharashtra
PROFESSIONAL MANAGEMENT GROUP PRIVATE LIMITED	Active	1.0 L	2	Maharashtra
MADISON RESOURCE FOUNDATION	Active	0.0	3	Maharashtra
ANUGRAH MADISON ADVERTISING PRIVATE LIMITED	Strike Off	50.0 L	2	Tamil Nadu
FOOTBALLEDGE MANAGEMENT PRIVATE LIMITED	Active	1.0 L	1	West Bengal
ENTRUST COMMUNICATIONS PRIVATE LIMITED	Active	16.9 L	3	Maharashtra
ADVERTISING AGENCIES ASSOCIATION OF INDIA	Active	0.0	2	Maharashtra
MADISON QUALIFIED LEADS LLP	Active	1.0 L	3	Maharashtra
INTEGRATED BRANDCOM PRIVATE LIMITED	Active	50.0 L	2	Maharashtra
MADISON TEAMWORKS FILM PROMOTIONS AND ENTERTAINMENT PRIVATE LIMITED	Active	40.0 L	3	Maharashtra
HIVEMINDS INNOVATIVE MARKET SOLUTIONS PRIVATE LIMITED	Active	1.0 L	3	Maharashtra
MOMS OUTDOOR MEDIA SOLUTIONS PRIVATE LIMITED	Active	5.5 L	3
PLATINUM COMMUNICATIONS PRIVATE LIMITED	Active	5.5 L	4	Maharashtra
MADISON SPECIALIST COMMUNICATION SERVICES PRIVATE LIMITED	Active	50.0 L	2	Maharashtra
MFUNNEL TECHNOLOGIES PRIVATE LIMITED	Active	1.0 Cr	3	Maharashtra
BLUE STAR LIMITED	Active	41.1 Cr	1	Maharashtra
MADISON RETAIL PARADIGM PRIVATE LIMITED	Active	50.0 L	2	Maharashtra
OUT-SEL PROMOTIONS INDIA PRIVATE LIMITED	Active	5.5 L	4	Maharashtra
MADISON XURPAS MOBILE SERVICES PRIVATE LIMITED	Strike Off	10.0 L	3	Maharashtra
PLATINUM ADVERTISING PRIVATE LIMITED	Active	5.5 L	4	Maharashtra
MADISON SPECIALIST COMMUNICATIONS LLP	Active	1.0 L	1	Maharashtra
PMG SPORTS LLP	Active	10.0 L	1	Maharashtra
NOBEL HYGIENE PRIVATE LIMITED	Active	16.1 Cr	1	Maharashtra
AUDIT BUREAU OF CIRCULATIONS	Active	0.0	1	Maharashtra
MEDIA RESEARCH USERS COUNCIL INDIA	Active	0.0	1	Maharashtra
MIDDAY INFOMEDIA LIMITED	Active	29.9 Cr	1
MEDIACOM MEDIA INDIA PRIVATE LIMITED	Amalgamated	1.0 L	1	Maharashtra
JAGRAN PRAKASHAN LIMITED	Active	43.5 Cr	1	Uttar Pradesh
PRINCIPLE HEALTHCARE & WELLNESS PRIVATE LIMITED	Active	25.0 L	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
HIVEMINDS INNOVATIVE MARKET SOLUTIONS PRIVATE LIMITED	Maharashtra	2010	₹ 1.0 L

Tofler Score

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Risk

Severe Risk

No risks identified

Moderate Risk

HIGH LEVERAGE
LOW CASH BALANCE
CASH DETERIORATING

Low Risk

EBITDA MARGINS DETERIORATING
NET MARGIN DETERIORATING
ROCE DETERIORATING

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Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U74300MH1995PTC093050

PAN

AAACM5979P

Incorporation

1995, 30.1 years

Company Email

neha@madisonindia.com

Paid up Capital

₹ 87.9 L

Authorised Capital

₹ 1.0 Cr

AGM

Sep 2024

Type

Private

Others

FAQ - MADISON COMMUNICATIONS PRIVATE LIMITED

What is the incorporation date of MADISON COMMUNICATIONS PRIVATE LIMITED?

The incorporation date of MADISON COMMUNICATIONS PRIVATE LIMITED is 25 September, 1995

What is the authorized share capital of MADISON COMMUNICATIONS PRIVATE LIMITED?

The authorized share capital of MADISON COMMUNICATIONS PRIVATE LIMITED is INR ₹ 1.0 Cr.

What is the paid-up capital of MADISON COMMUNICATIONS PRIVATE LIMITED?

The paid-up capital of MADISON COMMUNICATIONS PRIVATE LIMITED is INR ₹ 87.9 L.

What is the registered address of MADISON COMMUNICATIONS PRIVATE LIMITED?

The registered address of MADISON COMMUNICATIONS PRIVATE LIMITED is 1st Floor, 349, Business Point, Western Express Highway, Andheri(E), Mumbai City, Mumbai, Maharashtra, India, 400069 - 400069

What is the CIN number of MADISON COMMUNICATIONS PRIVATE LIMITED?

The CIN number of MADISON COMMUNICATIONS PRIVATE LIMITED is U74300MH1995PTC093050.

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