About Paragon Testing Enterprises India Private Limited
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Paragon Testing Enterprises India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Paragon Testing Enterprises Inc.. It operates in the test prep and competitive exam coaching segment of the education sector. It was incorporated on 14 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80902MH2019FTC326795. Its GSTIN is 27AAKCP6098G1ZV (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1,000. It is led by directors including Lalit Kumar Jain and Nicholas Earl Bates.
Its last annual general meeting (AGM) was held on 12 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 101 Kewal Tower B.J. Patel Road Opp Sndt College Near Liberty Garden Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.51 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.16 Cr (net margin 55.4%) and EBITDA of ₹5.63 Cr (EBITDA margin 74.9%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company is associated with 1 brand: Paragon Testing Enterprises.
For more details, the company can be reached via its website paragontesting.ca.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 101 Kewal Tower B.J. Patel Road Opp Sndt College Near Liberty Garden Malad West, Mumbai, Maharashtra, India – 400064
- IndustryEducation, Test Prep & Competitive Exam Coaching
- 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 Paragon Testing Enterprises India Private Limited
The business activities of Paragon Testing Enterprises India are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Paragon Testing Enterprises India Private Limited FY 2024 filings available
Paragon Testing Enterprises India Private Limited reported revenue of ₹7.51 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Paragon Testing Enterprises India Private Limited
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA fell 17% 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 Paragon Testing Enterprises India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.16 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Paragon Testing Enterprises India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 74.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 55.4% | •••• | •••• | •••• | •••• |
| 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 Paragon Testing Enterprises India are in the company report.
Financial statements from FY 2020
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 Paragon Testing Enterprises India Private Limited
Paragon Testing Enterprises India Private Limited is compared with the companies closest to it by revenue in the Education industry (Test Preparation). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parth Ashram Edu Services Private Limited | ₹7.91 Cr (FY 2019) | •••• | •••• | -11.0% | •••• | Patna, Bihar, India |
| Kalrashukla Classes Private Limited | ₹7.9 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Roots Education Private Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Kingmakers Institute Private Limited | ₹7.82 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Iasbaba Offline Private Limited | ₹7.52 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Paragon Testing Enterprises India Private Limited this company | ₹7.51 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Apti Plus Academy for Civil Services Private Limited | ₹7.5 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bhubaneswar, Odisha, India |
| Flyingfeathers Visa Experts Private Limited | ₹7.31 Cr (FY 2023) | •••• | •••• | -26.0% | •••• | Patiala, Punjab, India |
| Humming Bird Education Limited Listed | ₹6.83 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Delhi, India |
| Rehlishri Agro Farmer Producer Company Limited | ₹6.61 Cr (FY 2025) | •••• | •••• | 2984.0% | •••• | Rehli, Madhya Pradesh, India |
| Major Kalshi Classes Private Limited | ₹6.52 Cr (FY 2022) | •••• | •••• | 38.0% | •••• | Prayagraj, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Paragon Testing Enterprises India by revenue in the Education industry (Test Preparation), 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 Paragon Testing Enterprises India Private Limited
Paragon Testing Enterprises India Private Limited is audited by GURU & JANA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GURU & JANA | 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 Paragon Testing Enterprises India Private Limited
Paragon Testing Enterprises India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Jain Also directs: Prometric Testing Private Limited | Director | 02 Sep 2023 | 3 Years 1 Months | Current |
| Nicholas Earl Bates Also directs: Prometric Testing Private Limited | Director | 23 Sep 2023 | 3 Years 0 Months | Current |
| Kewin Douglas Gales Also directs: Prometric Testing Private Limited | Director | 26 Jul 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Paragon Testing Enterprises India 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 Paragon Testing Enterprises India Private Limited
Paragon Testing Enterprises India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Paragon Testing Enterprises India Private Limited
Paragon Testing Enterprises India operates one associated brand: Paragon Testing Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recruitment services for the education sector are provided. | paragontesting.ca |
Employees and EPFO Compliance at Paragon Testing Enterprises India Private Limited
Employment history and EPFO contributions of people linked to Paragon Testing Enterprises India.
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 Paragon Testing Enterprises India Private Limited
Paragon Testing Enterprises India Private Limited has 12 board changes on record since 2021: 3 appointments and 9 cessations. The latest: Lalit Kumar Jain ceased to be Additional Director on 28 Sep 2023.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Paragon Testing Enterprises India 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 Paragon Testing Enterprises India 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 Paragon Testing Enterprises India 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 Paragon Testing Enterprises India Private Limited
Paragon Testing Enterprises India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP6098G1ZV | Maharashtra | Active | 17 Jul 2019 |
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 Paragon Testing Enterprises India 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.
Related news about Paragon Testing Enterprises India Private Limited
Frequently Asked Questions about Paragon Testing Enterprises India Private Limited
Paragon Testing Enterprises India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in test prep and competitive exam coaching, within the education industry. It was incorporated on 14 June 2019 (7+ years old) and is registered under CIN U80902MH2019FTC326795.
Paragon Testing Enterprises India reported revenue of ₹7.51 Cr for FY 2024 (down 7% YoY).
Paragon Testing Enterprises India has 3 current directors:
- Lalit Kumar Jain - Director
- Nicholas Earl Bates - Director
- Kewin Douglas Gales - Director
Paragon Testing Enterprises India reported a net profit of ₹4.16 Cr (net margin 55.4%) and EBITDA of ₹5.63 Cr (EBITDA margin 74.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paragon Testing Enterprises India is 54% over three years. In the latest year (FY 2024) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paragon Testing Enterprises India is 27AAKCP6098G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paragon Testing Enterprises India is U80902MH2019FTC326795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paragon Testing Enterprises India was incorporated on 14 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paragon Testing Enterprises India by revenue are Parth Ashram Edu Services Private Limited, Kalrashukla Classes Private Limited, Roots Education Private Limited, Kingmakers Institute Private Limited, Iasbaba Offline Private Limited and 5 more, all in the Education industry (Test Preparation).
Lalit Kumar Jain ceased to be Additional Director on 28 Sep 2023. Nicholas Earl Bates ceased to be Additional Director on 28 Sep 2023. Nicholas Earl Bates was appointed as Director on 23 Sep 2023. Paragon Testing Enterprises India has 12 board changes on record in total.
Paragon Testing Enterprises India can be reached through the website paragontesting.ca. Its registered office is in Mumbai, Maharashtra, India.