Affirmative Capital Private Limited
About Affirmative Capital Private Limited
Data last updated:
Affirmative Capital Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 19 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2005PTC158398.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹25.55 Cr. It was formerly known as E-City School of Cinema Hospitality & Retail Private Limited and Affirmative Holding Private Limited. It is led by directors Pratik Dhirajlal Mehta and Rupesh Kumar Garg.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 844/4 Shah Industrial Estate Off New Link Road Andheri(West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.68 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹5.57 Lakh (net margin -20.1%) and EBITDA of -₹4.24 Lakh (EBITDA margin -15.3%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 48% over five years.
Its group structure includes 1 subsidiary.
The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in March 2019. Its 10 peer companies in the Education industry (Corporate and Commercial Training) are compared by revenue, 5 larger and 5 smaller; the largest is V S Clinical Research and Hospitals Private Limited with revenue of ₹27.83 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History of Affirmative Capital Private Limited
Affirmative Capital has undergone 5 name changes throughout its history. The current legal name is Affirmative Capital Private Limited.
| Company Name | Status |
|---|---|
| Affirmative Capital Private Limited | Current |
| E-City School Of Cinema Hospitality & Retail Private Limited | Previous |
| Affirmative Holding Private Limited | Previous |
| Affirmative Services Private Limited | Previous |
| Affirmative Financial Holding Private Limited | Previous |
CIN History of Affirmative Capital Private Limited
Affirmative Capital has one previous CIN (Corporate Identification Number): U72200MH2005PTC158398. The current CIN is U67100MH2005PTC158398, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100MH2005PTC158398 | Current |
| U72200MH2005PTC158398 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No 844/4 Shah Industrial Estate Off New Link Road Andheri(West), Mumbai, Maharashtra, India – 400053
- IndustryEducation, Corporate Training & Development
- 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
Financials of Affirmative Capital Private Limited FY 2025 filings available
Affirmative Capital Private Limited reported revenue of ₹27.68 Lakh (down 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Affirmative Capital Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 84% fall in the latest year. EBITDA rose 60% 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 Affirmative Capital Private 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.57 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 Affirmative Capital Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.1% | •••• | •••• | •••• | •••• |
| 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 Affirmative Capital 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.
Board of Directors of Affirmative Capital Private Limited
Affirmative Capital has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Dhirajlal Mehta Also directs: E-City Titans LLP, E-City Hi-Tech Projects LLP, E-City Real Estates Private Limited and 2 more | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
| Rupesh Kumar Garg | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
Peer Comparison of Affirmative Capital Private Limited
Affirmative Capital Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V S Clinical Research and Hospitals Private Limited | ₹27.83 Lakh (FY 2019) | •••• | •••• | -47.0% | •••• | Chennai, Tamil Nadu, India |
| Marubhumi Trade & Exports Private Limited | ₹27.73 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| Arbrit Safety and Engineering Solutions Private Limited | ₹27.72 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Kochi, Kerala, India |
| Centre for Advanced Medical Studies Pvt Ltd | ₹27.71 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| GK Cloud Solutions Private Limited | ₹27.7 Lakh (FY 2024) | •••• | •••• | -44.0% | •••• | Bangalore, Karnataka, India |
| Affirmative Capital Private Limited this company | ₹27.68 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Mumbai, Maharashtra, India |
| Caring Angels Education Child Care Private Limited | ₹27.65 Lakh (FY 2025) | •••• | •••• | -90.0% | •••• | Delhi, India |
| Mythiksha School Private Limited | ₹27.64 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | Bengaluru, Karnataka, India |
| Eth Limited | ₹27.57 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| Level3 Edutech Private Limited | ₹27.55 Lakh (FY 2024) | •••• | •••• | 34.0% | •••• | Ernakulam, Kerala, India |
| Iifit Consulting Private Limited | ₹27.53 Lakh (FY 2024) | •••• | •••• | 123.0% | •••• | Ganganagar, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Affirmative Capital by revenue in the Education industry (Corporate and Commercial Training), 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 Affirmative Capital Private Limited
Affirmative Capital Private Limited is audited by S DUTT & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S DUTT & CO | 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.
Ownership and Shareholding of Affirmative Capital 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 Affirmative Capital Private Limited
Affirmative Capital Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Affirmative Capital Private Limited
Affirmative Capital Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹4.3 Cr | Investors: 2 individuals |
| Sep 2018 | Rights issue | ₹21 Cr | Investors: 2 individuals |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: E-City Real Estates Private Limited Seller: an individual |
| Jan 2006 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Full deal history
All 4 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.
Employees and EPFO Compliance at Affirmative Capital Private Limited
Employment history and EPFO contributions of people linked to Affirmative Capital.
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.
Group Structure of Affirmative Capital Private Limited
Affirmative Capital has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ant Creditex Technologies Private Limited | U74900MH2015PTC323375 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Affirmative Capital Private Limited
Affirmative Capital Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Pratik Dhirajlal Mehta ceased to be Additional Director on 30 Sep 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Affirmative Capital 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 Affirmative Capital 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 Affirmative Capital 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 Affirmative Capital Private Limited
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 Affirmative Capital 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 Affirmative Capital Private Limited
Affirmative Capital is an active private limited company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 19 December 2005 (21+ years old) and is registered under CIN U67100MH2005PTC158398.
Affirmative Capital reported revenue of ₹27.68 Lakh for FY 2025 (down 84% YoY).
Affirmative Capital has 2 current directors:
- Pratik Dhirajlal Mehta - Director
- Rupesh Kumar Garg - Director
Affirmative Capital reported a net loss of ₹5.57 Lakh (net margin -20.1%) and EBITDA of -₹4.24 Lakh (EBITDA margin -15.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Affirmative Capital is -80% over three years and -48% over five years. In the latest year (FY 2025) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Affirmative Capital is U67100MH2005PTC158398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affirmative Capital was incorporated on 19 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Affirmative Capital has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in March 2019.
The peers of Affirmative Capital by revenue are V S Clinical Research and Hospitals Private Limited, Marubhumi Trade & Exports Private Limited, Arbrit Safety and Engineering Solutions Private Limited, Centre for Advanced Medical Studies Pvt Ltd, GK Cloud Solutions Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Pratik Dhirajlal Mehta ceased to be Additional Director on 30 Sep 2021. Rupesh Kumar Garg ceased to be Additional Director on 30 Sep 2021. Atul Goel ceased to be Director on 30 Jul 2021. Affirmative Capital has 11 board changes on record in total.
The registered office of Affirmative Capital is at Plot No 8444 Shah Industrial Estate Off New Link Road AndheriWest, Mumbai, Maharashtra, India – 400053.