What we do JOJO Ltd, formerly Madhuveer Com 18 Network Limited, is engaged in event management, film production, and entertainment across Gujarati, Bollywood, and international markets. |
Founded in 1,995 |
Market share Emerging player in Indian event management and entertainment, expanding footprint beyond regional markets. |
Problem solved Offers integrated event and entertainment solutions addressing demand for quality media content and event promotion. |
Top clients or who we serve Serves film producers, media companies, event organizers, targeting B2B and B2C segments in entertainment industry. |
Key management Dhruvin Shah (Managing Director), Raj Shah (Whole-time Director), Punitkumar Bhavsar (CFO & Executive Director), Shruti Sharma (Company Secretary). |
Our journey and innovations Established in 1995, transitioned from pharmaceuticals to entertainment, developed subsidiaries in event management and media studios. |
Where we operate Operates mainly in India with plans to penetrate Bollywood and international markets. |
Top products or what we offer Event management, film production, media promotion services across various entertainment verticals. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely project-based and cyclical linked to event timings and film production. |
Our industry position Growing company with strategic presence in regional entertainment markets; expanding into larger film industries. |
Financial highlights FY 2024-25 consolidated revenue Rs 4.39 cr; net loss Rs 1.66 cr; standalone profit after tax Rs 0.997 cr. |
Geographical revenue split - |
Order book - |
Whats driving growth Growing entertainment demand, strategic tie-ups, planned market expansion in Bollywood and international arenas. |
Our future plans Capitalize on film and event market growth; expand production capabilities; strengthen subsidiaries. |
Our green promise - |
Our people and values Committed leadership with 16 board meetings; emphasis on compliance, internal controls and ethical practices. |
Key challenges ahead Competitive entertainment industry, regulatory compliance, and maintaining sustained profitability. |
Interesting facts Transitioned from pharmaceutical origins to entertainment; multiple wholly owned subsidiaries to diversify operations. |
Risks and strategy Mitigates commodity, regulatory and HR risks via proactive management, compliance audits, and talent development. |