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Startup India
Quality Tutorials Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.36 Lakh
▼ 97% YoY
Net loss · FY 2024
₹6.45 Cr
Latest filing
EBITDA · FY 2024
-₹4.08 Cr
Latest filing
Authorised capital
₹5.6 Cr
Registered with MCA
Paid-up capital
₹2.22 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
188
Provident fund records
Directors on board
2
As per MCA filings
About Quality Tutorials Private Limited
Data last updated:
Quality Tutorials Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 19 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC322765. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5.6 Cr and a paid-up capital of ₹2.22 Cr. It is led by directors Sahil Hiten Sheth and Subbiah Rangaswamy Naidu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.36 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹6.45 Cr and EBITDA of -₹4.08 Cr. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years.
The company has about 188 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lidolearning.Com. Court records list 2 cases involving the company, including 2 filed by the company. The company has 21 deals on record (13 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹190.67 Cr; the latest was in February 2024. Its 4 peer companies in the Ecommerce and Internet industry (Education, Tutorials), with the same principal business activity (educational support services) are compared by revenue, 2 larger and 2 smaller; the largest is Career Joint Education Services Private Limited with revenue of ₹26.57 Lakh. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 3 overdue payments to 3 micro and small suppliers.
Quality Tutorials Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0114166). For more details, the company can be reached via its website lidolearning.com.
Company details
CIN U74999MH2019PTC322765
Registration Number 322765
Incorporation Date 19 March 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-19-0114166
Recognitions & Rankings of Quality Tutorials
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0114166
Contact details
Quality Tutorials Private Limited's registered office is in Mumbai, Maharashtra. Its website is lidolearning.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressHd – 40 Wework K. Raheja Platinum Sag Baug Road Off Andheri – Kurla Road Marol Andheri, East, Mumbai, Maharashtra, India – 400059
- IndustryInternet, Online Education & Learning Platforms
To see the full contact details of Quality Tutorials Private Limited, buy the company report.
Comprehensive company report
Quality Tutorials Private Limited - one report that includes everything
- 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
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Brands
Quality Tutorials operates one associated brand: lidolearning.com. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| No specific company information is provided. | lidolearning.com |
Financials of Quality Tutorials Private Limited
FY 2024 filings availableQuality Tutorials Private Limited reported revenue of ₹26.36 Lakh (down 97% YoY) for FY 2024.
Revenue · FY 2024
₹26.36 Lakh ▼ 97%
Net loss · FY 2024
₹6.45 Cr
EBITDA · FY 2024
-₹4.08 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 71%
EBITDA CAGR growth
1 year
▼ 394%
3 years · compounded
▲ 59%
Revenue has declined at a compounded annual rate (CAGR) of 71% over three years, including a 97% fall in the latest year. EBITDA fell 394% 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
| 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 | -₹4.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.45 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Quality Tutorials Private Limited, buy the company report.
Board of directors of Quality Tutorials Private Limited
Quality Tutorials has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Hiten Sheth | Director | 29 Mar 2019 | 7 Years 7 Months | Current |
| Subbiah Rangaswamy Naidu | Director | 08 Aug 2022 | 4 Years 3 Months | Current |
Peer comparison
Quality Tutorials Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Education, Tutorials), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Career Joint Education Services Private Limited | ₹26.57 Lakh (FY 2025) | -27.0% | Mohali, Punjab, India | |||
| Silver Oak Education Private Limited | ₹26.49 Lakh (FY 2023) | -3.0% | Ahmed Nagar, Maharashtra, India | |||
| Quality Tutorials Private Limitedthis company | ₹26.36 Lakh (FY 2024) | -₹6.45 Cr | -97.0% | 188 | Mumbai, Maharashtra, India | |
| Vision Tutorials Private Limited | ₹26.34 Lakh (FY 2025) | -10.0% | Kota, Rajasthan, India | |||
| Enlightening Future Education Private Limited | ₹26.2 Lakh (FY 2024) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Quality Tutorials Private Limited, buy the company report.
Auditor
Quality Tutorials Private Limited is audited by GMJ & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMJ & Co | FY 2023 | 103429W |
Shareholding
The shareholding of Quality Tutorials Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Quality Tutorials Private Limited, buy the company report.
Deals & funding
Quality Tutorials Private Limited has 21 deals on record (13 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹190.67 Cr; the latest was in February 2024.
Total deals
21
Secondary share transfers
13
Funding rounds
6
Rights issue
1
Acquisition
1
Disclosed funding
₹190.67 Cr
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Z Nation Lab, an individual |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: The Patni Family Office, 3 individuals |
To see the full deal history of Quality Tutorials Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quality Tutorials Private Limited has 2 court cases on record: 2 filed by Quality Tutorials. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Assessment Unit -Additional-Joint-Deputy- Assistant Commissioner of Income Tax and 2 others | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Quality Tutorials Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Quality Tutorials Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Exotel Techcom Private Limited | |||
| Ethinos Digital Marketing Private Limited |
To see the full MSME payment records of Quality Tutorials Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Quality Tutorials Private Limited has a workforce of 188 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
188
Active EPFO establishments
1
Employee growth
-86.2%
GST
Quality Tutorials has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Quality Tutorials Private Limited, buy the company report.
Recent activity
Quality Tutorials Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Subbiah Rangaswamy Naidu ceased to be Additional Director on 30 Sep 2022.
AGM
Quality Tutorials Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Quality Tutorials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Subbiah Rangaswamy Naidu ceased to be Additional Director.
Appointed
Subbiah Rangaswamy Naidu was appointed as Director.
Ceased
Rupa Rajkumar Thakkar ceased to be Additional Director.
Ceased
Sanjay Pankaj Ghadiali ceased to be Director.
Ceased
Sahil Hiten Sheth ceased to be Additional Director.
Ceased
Anish Vasant Gala ceased to be Director.
Appointed
Sahil Hiten Sheth was appointed as Director.
Incorporation
19 Mar 2019
Quality Tutorials Private Limited was registered on 19 Mar 2019 with Roc Mumbai & aged 7 years 7 months as per MCA records.
News
Frequently asked questions
Quality Tutorials is an active private limited company based in Mumbai, Maharashtra, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 19 March 2019 (7+ years old) and is registered under CIN U74999MH2019PTC322765.
Quality Tutorials has 2 current directors:
- Sahil Hiten Sheth - Director
- Subbiah Rangaswamy Naidu - Director
The latest financial statements of Quality Tutorials on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
No. Quality Tutorials has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Quality Tutorials is U74999MH2019PTC322765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality Tutorials has 2 court cases on record: 2 filed by the company. Most are in the high courts.
Quality Tutorials was incorporated on 19 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Quality Tutorials has 21 deals on record (13 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹190.67 Cr; the latest was in February 2024.
The peers of Quality Tutorials by revenue are Career Joint Education Services Private Limited, Silver Oak Education Private Limited, Vision Tutorials Private Limited, Enlightening Future Education Private Limited, all in the Ecommerce and Internet industry (Education, Tutorials), with the same principal business activity (educational support services).
Subbiah Rangaswamy Naidu ceased to be Additional Director on 30 Sep 2022. Subbiah Rangaswamy Naidu was appointed as Director on 08 Aug 2022. Rupa Rajkumar Thakkar ceased to be Additional Director on 31 Jul 2022. Quality Tutorials has 7 board changes on record in total.
Yes, Quality Tutorials is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Quality Tutorials is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0114166).
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