First Hand Smart Education Foundation
About First Hand Smart Education Foundation
Data last updated:
First Hand Smart Education Foundation is a private not for profit company based in Gandhinagar, Gujarat, India. It operates in the primary and secondary education segment of the education and learning sector. It was incorporated on 05 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80902GJ2015NPL083443.
It is led by directors Jahnavi Joshi and Bipinbhai Chaudhri.
Its last annual general meeting (AGM) was held on 29 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 55 Saptrushi Society Village Kudasan, Gandhinagar, Gujarat, India – 382421.
As per the financials filed for FY 2018, the company reported a revenue of ₹13 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹24,005 (net margin 1.8%) and EBITDA of ₹24,005 (EBITDA margin 1.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address55 Saptrushi Society Village Kudasan, Gandhinagar, Gujarat, India – 382421
- IndustryEducation & Learing, Primary & Secondary Education
- 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 First Hand Smart Education Foundation
The main business activity of First Hand Smart Education Foundation is education. In detail, this covers primary & secondary education services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services | 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 First Hand Smart Education Foundation FY 2019 filings available
First Hand Smart Education Foundation reported revenue of ₹13 Lakh (down 7% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of First Hand Smart Education Foundation
Revenue fell 7% in the latest year. EBITDA fell 81% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of First Hand Smart Education Foundation
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| 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 | ₹24,005 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,005 | •••• | •••• |
| 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 First Hand Smart Education Foundation
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.8% | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• |
| 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 First Hand Smart Education Foundation are in the company report.
Financial statements from FY 2016
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 First Hand Smart Education Foundation
First Hand Smart Education Foundation is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MPS Management Education Research and Industrial Traning Private Limited | ₹13.08 Lakh (FY 2018) | •••• | •••• | -29.0% | •••• | Delhi, India |
| Edmission Education Services Private Limited | ₹13.06 Lakh (FY 2019) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Radiant Institute of Finance & Technology Private Limited | ₹13.06 Lakh (FY 2020) | •••• | •••• | 27.0% | •••• | Navi Mumbai, Maharashtra, India |
| Practworks Mentors Private Limited | ₹13.05 Lakh (FY 2025) | •••• | •••• | 59.0% | •••• | Bangalore, Karnataka, India |
| Abundance Creative Education Private Limited | ₹13.04 Lakh (FY 2024) | •••• | •••• | 611.0% | •••• | Akola, Maharashtra, India |
| First Hand Smart Education Foundation this company | ₹13 Lakh (FY 2018) | •••• | •••• | -7.0% | •••• | Gandhinagar, Gujarat, India |
| Alsun Education Systems Private Limited | ₹13 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Candid Wealth Education Private Limited | ₹12.99 Lakh (FY 2025) | •••• | •••• | 158.0% | •••• | Pune, Maharashtra, India |
| Rajpuja Education Foundation | ₹12.98 Lakh (FY 2024) | •••• | •••• | 32.0% | •••• | Gurgaon, Haryana, India |
| CWLD Education and Environment Foundation | ₹12.97 Lakh (FY 2025) | •••• | •••• | 323.0% | •••• | Bangalore, Karnataka, India |
| Fermillian Private Limited | ₹12.95 Lakh (FY 2024) | •••• | •••• | -88.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below First Hand Smart Education Foundation by revenue in the Ecommerce and Internet industry (Education), 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 First Hand Smart Education Foundation
First Hand Smart Education Foundation is audited by Shah Thakkar & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah Thakkar & 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.
Board of Directors of First Hand Smart Education Foundation
First Hand Smart Education Foundation has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jahnavi Joshi | Additional Director | 10 Dec 2019 | 6 Years 9 Months | Current |
| Bipinbhai Chaudhri | Additional Director | 10 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of First Hand Smart Education Foundation
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 First Hand Smart Education Foundation
First Hand Smart Education Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at First Hand Smart Education Foundation
Employment history and EPFO contributions of people linked to First Hand Smart Education Foundation.
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 First Hand Smart Education Foundation
First Hand Smart Education Foundation has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Chiragkumar Manubhai Upadhyay ceased to be Director on 11 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for First Hand Smart Education Foundation
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 First Hand Smart Education Foundation
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 First Hand Smart Education Foundation
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 First Hand Smart Education Foundation
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 First Hand Smart Education Foundation
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 First Hand Smart Education Foundation
First Hand Smart Education Foundation is an active private not for profit company based in Gandhinagar, Gujarat, India. The company works in primary and secondary education, within the education and learning industry. It was incorporated on 05 June 2015 (11+ years old) and is registered under CIN U80902GJ2015NPL083443.
First Hand Smart Education Foundation reported revenue of ₹13 Lakh for FY 2018 (down 7% YoY).
First Hand Smart Education Foundation has 2 current directors:
- Jahnavi Joshi - Additional Director
- Bipinbhai Chaudhri - Additional Director
First Hand Smart Education Foundation reported a net profit of ₹24,005 (net margin 1.8%) and EBITDA of ₹24,005 (EBITDA margin 1.8%) for FY 2018, as per its filed financial statements.
The CIN (Corporate Identification Number) of First Hand Smart Education Foundation is U80902GJ2015NPL083443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Hand Smart Education Foundation was incorporated on 05 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of First Hand Smart Education Foundation by revenue are MPS Management Education Research and Industrial Traning Private Limited, Edmission Education Services Private Limited, Radiant Institute of Finance & Technology Private Limited, Practworks Mentors Private Limited, Abundance Creative Education Private Limited and 5 more, all in the Ecommerce and Internet industry (Education).
Chiragkumar Manubhai Upadhyay ceased to be Director on 11 Dec 2019. Bipinbhai Chaudhri was appointed as Additional Director on 10 Dec 2019. Jahnavi Joshi was appointed as Additional Director on 10 Dec 2019. First Hand Smart Education Foundation has 7 board changes on record in total.
The registered office of First Hand Smart Education Foundation is at 55 Saptrushi Society Village Kudasan, Gandhinagar, Gujarat, India – 382421.
First Hand Smart Education Foundation operates in the education and learning industry, in the primary and secondary education segment.
No. First Hand Smart Education Foundation is not listed on any stock exchange. It is an unlisted company.