Startup India Government of India
Race2excellence Private Limited - education in Kalamassery, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹96.67 Lakh
▼ 26% YoY
Net profit · FY 2025
₹17,958
Net margin 0.2%
EBITDA · FY 2025
₹7.2 Lakh
EBITDA margin 7.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Race2excellence Private Limited
Data last updated:
Race2excellence Private Limited is a private limited company based in Kalamassery, Kerala, India, recognised as a startup by DPIIT. It operates in the test prep and competitive exam coaching segment of the education sector. It was incorporated on 02 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U80901KL2018PTC055401. Its GSTIN is 32AAJCR2371K1ZA (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Neethu Rose Jose (Managing Director) and Jinto Mathew.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 31/650 B Ground Floor Akg Road Thrikkakkara North Kanayanoor, Kalamassery, Kerala, India – 682024.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.67 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹17,958 (net margin 0.2%) and EBITDA of ₹7.2 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 107% over three years and 37% over five years.
Race2excellence Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0024482). For more details, the company can be reached via its website race2ias.com.
Company details
CIN U80901KL2018PTC055401
Registration Number 055401
Incorporation Date 02 November 2018
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0024482
Recognitions & Rankings of Race2excellence
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0024482
Contact details
Race2excellence Private Limited's registered office is in Kalamassery, Kerala. Its website is race2ias.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address31/650 B Ground Floor Akg Road Thrikkakkara North Kanayanoor, Kalamassery, Kerala, India – 682024
- IndustryEducation, Test Prep & Competitive Exam Coaching
To see the full contact details of Race2excellence Private Limited, buy the company report.
Comprehensive company report
Race2excellence 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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Financials of Race2excellence Private Limited
FY 2025 filings availableRace2excellence Private Limited reported revenue of ₹96.67 Lakh (down 26% YoY) for FY 2025.
Revenue · FY 2025
₹96.67 Lakh ▼ 26%
Net profit · FY 2025
₹17,958 margin 0.2%
EBITDA · FY 2025
₹7.2 Lakh margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 107%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 119%
5 years · compounded
▲ 57%
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 51% 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 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 | ₹7.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17,958 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Race2excellence Private Limited, buy the company report.
Board of directors of Race2excellence Private Limited
Race2excellence has 5 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 |
|---|---|---|---|---|
| Jinto Mathew | Director | 02 Nov 2018 | 8 Years 0 Months | Current |
| Nithin Jose | Director | 02 Nov 2018 | 8 Years 0 Months | Current |
| Noel Cyriac Also directs: Habiqon Life LLP | Director | 06 Jun 2022 | 4 Years 5 Months | Current |
| Amal Joseph | Director | 08 Mar 2022 | 4 Years 8 Months | Current |
| Neethu Rose Jose Also directs: Race Education and Management Solutions Private Limited. | Managing Director | 02 Nov 2018 | 8 Years 0 Months | Current |
Peer comparison
Race2excellence Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (Test Preparation), 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 |
|---|---|---|---|---|---|---|
| Race2excellence Private Limitedthis company | ₹96.67 Lakh (FY 2025) | ₹17,958 | 0.2% | -26.0% | Kalamassery, Kerala, India | |
| Edlink Training Services Private Limited | ₹96.12 Lakh (FY 2024) | 11.0% | Bhopal, Madhya Pradesh, India | |||
| Medway Next Private Limited | ₹96.02 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Afe Education Private Limited | ₹95.76 Lakh (FY 2025) | 17.0% | Bhopal, Madhya Pradesh, India | |||
| Nikam Education (OPC) Private Limited | ₹95.67 Lakh (FY 2021) | 3025.0% | Adgaon P.O Nashik, Maharashtra, India | |||
| High Q Professional Academy Private Limited | ₹95.12 Lakh (FY 2024) | 99.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Race2excellence Private Limited, buy the company report.
Auditor
Race2excellence Private Limited is audited by J C C & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J C C & ASSOCIATES | FY 2023 | 015585S |
Shareholding
The shareholding of Race2excellence Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Race2excellence Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Race2excellence Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Race2excellence Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Race2excellence has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCR2371K1ZA | Kerala | Active | 07 Sep 2021 |
To see the full GST registrations and return filing status of Race2excellence Private Limited, buy the company report.
Recent activity
Race2excellence Private Limited has 10 board changes on record since 2018: 5 appointments and 5 cessations. The latest: Nithin Kurian ceased to be Director on 12 Apr 2023.
AGM
Race2Excellence Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Race2Excellence Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Nithin Kurian ceased to be Director.
Appointed
Noel Cyriac was appointed as Director.
Appointed
Amal Joseph was appointed as Director.
Ceased
Arun Sasi ceased to be Director.
Ceased
Mary Sabu ceased to be Director.
Ceased
Adarsh Kadapalakkal Sebastian ceased to be Director.
Ceased
Deepak ceased to be Director.
Appointed
Jinto Mathew was appointed as Director.
Appointed
Neethu Rose Jose was appointed as Managing Director.
Appointed
Nithin Jose was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Race2excellence is an active private limited company based in Kalamassery, Kerala, India. The company works in test prep and competitive exam coaching, within the education industry. It was incorporated on 02 November 2018 (8+ years old) and is registered under CIN U80901KL2018PTC055401.
Race2excellence has 5 current directors:
- Neethu Rose Jose - Managing Director
- Jinto Mathew - Director
- Nithin Jose - Director
- Noel Cyriac - Director
- Amal Joseph - Director
The latest financial statements of Race2excellence on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Race2excellence is 32AAJCR2371K1ZA, registered in Kerala.
The CIN (Corporate Identification Number) of Race2excellence is U80901KL2018PTC055401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Race2excellence was incorporated on 02 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Race2excellence by revenue are Edlink Training Services Private Limited, Medway Next Private Limited, Afe Education Private Limited, Nikam Education (OPC) Private Limited, High Q Professional Academy Private Limited, all in the Education industry (Test Preparation), with the same principal business activity (educational support services).
Nithin Kurian ceased to be Director on 12 Apr 2023. Noel Cyriac was appointed as Director on 06 Jun 2022. Amal Joseph was appointed as Director on 08 Mar 2022. Race2excellence has 10 board changes on record in total.
Yes, Race2excellence is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Race2excellence is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0024482).
Race2excellence can be reached through the website race2ias.com. Its registered office is in Kalamassery, Kerala, India.
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