MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0005808
Navneet Futuretech Limited - education in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.65 Cr
▲ 80% YoY
Net loss · FY 2025
₹5.32 Cr
Net margin -80%
EBITDA · FY 2025
-₹5.28 Cr
EBITDA margin -79.4%
Authorised capital
₹450 Cr
Registered with MCA
Paid-up capital
₹153.53 Cr
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
332
Provident fund records
Directors on board
6
As per MCA filings
About Navneet Futuretech Limited
Data last updated:
Navneet Futuretech Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Navneet Education Limited. It operates in the elearning and digital education segment of the education sector. It was incorporated on 24 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2008PLC181531. Its GSTIN is 27AACCN7509C1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹450 Cr and a paid-up capital of ₹153.53 Cr. It was formerly known as Esense Learning Limited and Navneet E-Learning Private Limited. It is led by directors including Gnanesh Dungarshi Gala (Managing Director) and Amitabh Sureshchandra Mehata.
Its last annual general meeting (AGM) was held on 29 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 ₹6.65 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹5.32 Cr (net margin -80%) and EBITDA of -₹5.28 Cr (EBITDA margin -79.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 20% over five years.
The company has about 332 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Navneet Toptech and BeMasterly. The company has 8 deals on record (3 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹90.64 Cr; the latest was in May 2022. Its 10 peer companies in the Education industry (E Learning) are compared by revenue, 5 larger and 5 smaller; the largest is Navars Edutech Private Limited with revenue of ₹7.03 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2023, listing 15 overdue payments to 8 micro and small suppliers.
Navneet Futuretech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0005808). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navneettoptech.com.
Company Details of Navneet Futuretech Limited
CIN U72200MH2008PLC181531
Registration Number 181531
Incorporation Date 24 April 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Navneet Education Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0005808
Name History of Navneet Futuretech Limited
Navneet Futuretech has undergone 3 name changes throughout its history. The company was previously known as Esense Learning Limited, Navneet E-Learning Private Limited, and Esense Learning Private Limited. The current legal name is Navneet Futuretech Limited.
| Company Name | Status |
|---|---|
| Navneet Futuretech Limited | Current |
| Esense Learning Limited | Previous |
| Navneet E-Learning Private Limited | Previous |
| Esense Learning Private Limited | Previous |
CIN History of Navneet Futuretech Limited
Navneet Futuretech has one previous CIN (Corporate Identification Number): U72200MH2008PTC181531. The current CIN is U72200MH2008PLC181531, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2008PLC181531 | Current |
| U72200MH2008PTC181531 | Previous |
Key People
Harshil Anil Gala Ceo Gnanesh Dungarshi Gala Managing Director Amitabh Sureshchandra Mehata Director Recognitions & Rankings of Navneet Futuretech
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1B Benefice Business House 1041 Mathuradas Mill Estate 126 N. M. Jos, Hi Marg, Mumbai, Maharashtra, India – 400013
- IndustryEducation, eLearning & Digital Education
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Associated Brands with Navneet Futuretech Limited
Navneet Futuretech operates two associated brands: NAVNEET TOPTECH and BeMasterly. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers learning management systems and digital tools for Indian schools. | navneettoptech.com | |
| Online platform for tutors to manage classes, attendance, and student engagement. | bemasterly.com |
Business Activity of Navneet Futuretech Limited
The main business activities of Navneet Futuretech are information and communication and financial and insurance service. In detail, this covers other information & communication service activities and life/non-life insurance and reinsurance activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities | Locked |
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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 Navneet Futuretech Limited FY 2025 filings available
Navneet Futuretech Limited reported revenue of ₹6.65 Cr (up 80% YoY) for FY 2025.
Revenue · FY 2025
₹6.65 Cr ▲ 80%
Net loss · FY 2025
₹5.32 Cr margin -80%
EBITDA · FY 2025
-₹5.28 Cr margin -79.4%
Compounded Annual Growth Rate (CAGR) of Navneet Futuretech Limited
Revenue CAGR growth
1 year
▲ 80%
3 years · compounded
▼ 14%
5 years · compounded
▼ 20%
EBITDA CAGR growth
3 years · compounded
▲ 12%
5 years · compounded
▼ 57%
Revenue rose 80% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. 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 Navneet Futuretech 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 | -₹5.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.32 Cr | •••• | •••• | •••• | •••• |
| 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 Navneet Futuretech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -79.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -80% | •••• | •••• | •••• | •••• |
| 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 Navneet Futuretech are in the company report.
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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 and KMP of Navneet Futuretech Limited
Navneet Futuretech Limited currently reports 5 directors and 1 key managerial person. 13 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshil Anil Gala | Ceo | 30 Sep 2016 | 10 Years 0 Months | Current |
| Amitabh Sureshchandra Mehata Also directs: Femtoloop LLP, Autowell Industries Private Limited, Stackmint Private Limited and 3 more | Director | 28 Jun 2017 | 9 Years 3 Months | Current |
| Anil Dungarshi Gala | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Vijay Bhalchandra Joshi | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Yasho Verdhan Verma | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Gnanesh Dungarshi Gala | Managing Director | 01 Aug 2022 | 4 Years 2 Months | Current |
Peer Comparison of Navneet Futuretech Limited
Navneet Futuretech Limited is compared with the companies closest to it by revenue in the Education industry (E Learning). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navars Edutech Private Limited | ₹7.03 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Chakripuram, Hyderabad, Telangana, India |
| Omnicuris Academy Private Limited | ₹6.98 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Bangalore, Karnataka, India |
| Wealthgenics Educart Private Limited | ₹6.95 Cr (FY 2024) | •••• | •••• | -47.0% | •••• | Thane, Maharashtra, India |
| Aabhyasa Technologies Private Limited | ₹6.79 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Varanasi, Uttar Pradesh, India |
| Plush Lounge Private Limited | ₹6.68 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Navneet Futuretech Limited this company | ₹6.65 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Mumbai, Maharashtra, India |
| Simpliv Services India Private Limited | ₹6.59 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Bengaluru, Karnataka, India |
| Incomet Learning Limited | ₹6.57 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Noida, Uttar Pradesh, India |
| Dataisgood Edutech Private Limited | ₹6.39 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Noida, Uttar Pradesh, India |
| Edurev Learning Private Limited | ₹6.38 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Panchkula, Haryana, India |
| Tautmore Learning Private Limited | ₹6.37 Cr (FY 2024) | •••• | •••• | 84.0% | •••• | Gollapadi, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Navneet Futuretech by revenue in the Education industry (E Learning), 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 Navneet Futuretech Limited
Navneet Futuretech Limited is audited by N. A. Shah Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. A. Shah Associates LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Navneet Futuretech Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Navneet Futuretech Limited
Navneet Futuretech Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Navneet Futuretech Limited
Navneet Futuretech Limited has 8 deals on record (3 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹90.64 Cr; the latest was in May 2022.
Total deals
8
Convertible or debt financings
3
Funding rounds
2
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹90.64 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Rights issue | ₹132.5 Cr | Investors: Navneet Education Limited |
| Nov 2021 | Funding round | ₹33.75 Cr | Investors: Navneet Education Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Navneet Education Limited , Navneet Education Limited & Sanjeev Jitendra Gala, Navneet Education Limited & Priti Gnanesh Gala Seller: 4 individuals |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Navneet Education Limited , 2 individuals Seller: 4 individuals |
| Feb 2009 | Funding round | ₹37.12 Cr | Investors: Navneet Education Limited , 2 individuals |
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Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
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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.
MSME Payment Delays by Navneet Futuretech Limited
Navneet Futuretech Limited has 6 MSME Form 1 returns on record between 2022 and 2023, listing 15 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Meghart Colour Crafters | •••• | •••• | •••• |
| Exotel Techcom Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Navneet Futuretech Limited
Navneet Futuretech Limited has a workforce of 332 employees as of Mar 28, 2024.
Employee count
332
Active EPFO establishments
2
Employee growth
-18.43%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Navneet Futuretech Limited
Navneet Futuretech has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Genext Students Private Limited | U80302MH2011PTC251294 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Navneet Futuretech Limited
Navneet Futuretech Limited has 28 board changes on record since 2008: 17 appointments and 11 cessations. The latest: Karan Khemka ceased to be Director on 27 Oct 2023.
AGM
Navneet Futuretech Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Navneet Futuretech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Karan Khemka ceased to be Director.
Ceased
Sanjeev Ramesh Shah ceased to be Managing Director.
Appointed
Gnanesh Dungarshi Gala was appointed as Managing Director.
Appointed
Karan Khemka was appointed as Director.
Ceased
Raju Harakhchand Gala ceased to be Managing Director.
Appointed
Sanjeev Ramesh Shah was appointed as Managing Director.
Ceased
Harshad Narsinhbhai Patel ceased to be Company Secretary.
Ceased
Deepak Lalit Kaku ceased to be CFO.
Appointed
Deepak Lalit Kaku was appointed as CFO.
Ceased
Amit Kalyanji Gala ceased to be CFO.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Navneet Futuretech Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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Subsidiaries & Group Companies of Navneet Futuretech Limited
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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
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GST Compliance of Navneet Futuretech Limited
Navneet Futuretech has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN7509C1ZN | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Navneet Futuretech Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Navneet Futuretech Limited
Frequently Asked Questions about Navneet Futuretech Limited
Navneet Futuretech is an active public limited company based in Mumbai, Maharashtra, India. The company works in elearning and digital education, within the education industry. It was incorporated on 24 April 2008 (18+ years old) and is registered under CIN U72200MH2008PLC181531.
Navneet Futuretech reported revenue of ₹6.65 Cr for FY 2025 (up 80% YoY).
Navneet Futuretech has 6 current directors and KMP:
- Gnanesh Dungarshi Gala - Managing Director
- Amitabh Sureshchandra Mehata - Director
- Anil Dungarshi Gala - Director
- Vijay Bhalchandra Joshi - Director
- Yasho Verdhan Verma - Director
- Harshil Anil Gala - Ceo
Navneet Futuretech reported a net loss of ₹5.32 Cr (net margin -80%) and EBITDA of -₹5.28 Cr (EBITDA margin -79.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Navneet Futuretech is -14% over three years and -20% over five years. In the latest year (FY 2025) revenue rose 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Navneet Futuretech is 27AACCN7509C1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Navneet Futuretech is U72200MH2008PLC181531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navneet Futuretech was incorporated on 24 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Navneet Futuretech has 8 deals on record (3 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹90.64 Cr; the latest was in May 2022.
The peers of Navneet Futuretech by revenue are Navars Edutech Private Limited, Omnicuris Academy Private Limited, Wealthgenics Educart Private Limited, Aabhyasa Technologies Private Limited, Plush Lounge Private Limited and 5 more, all in the Education industry (E Learning).
Karan Khemka ceased to be Director on 27 Oct 2023. Sanjeev Ramesh Shah ceased to be Managing Director on 31 Aug 2023. Gnanesh Dungarshi Gala was appointed as Managing Director on 01 Aug 2022. Navneet Futuretech has 28 board changes on record in total.
Yes, Navneet Futuretech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0005808).