Spirit Institutes Private Limited
About Spirit Institutes Private Limited
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Spirit Institutes Private Limited is a private limited company based in Karad, Maharashtra, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 29 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U80903PN2012PTC144542. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hemavati Ashok Chougule and Shivaji Bhiku Deshmukh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No. 370/2 D 1 Bhattad Complex Shaniwar Peth, Karad, Maharashtra, India – 415110.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.37 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹3.89 Lakh (net margin -46.5%) and EBITDA of -₹1.59 Lakh (EBITDA margin -18.9%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Spirit Institutes Private Limited's registered office is in Karad, Maharashtra.
- Registered AddressPlot No. 370/2 D 1 Bhattad Complex Shaniwar Peth, Karad, Maharashtra, India – 415110
- IndustryEducation & Learing, Educational Support Services
- 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
Financials of Spirit Institutes Private Limited
FY 2018 filings availableSpirit Institutes Private Limited reported revenue of ₹8.37 Lakh (down 71% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 71% fall in the latest year. EBITDA fell 142% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.59 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.89 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -18.9% | |||
| Net Profit Margin | -46.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Spirit Institutes Private Limited, buy the company report.
Board of directors of Spirit Institutes Private Limited
Spirit Institutes has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemavati Ashok Chougule Also directs: Etoe Education Private Limited | Director | 27 Apr 2018 | 8 Years 5 Months | Current |
| Shivaji Bhiku Deshmukh | Director | 29 Aug 2012 | 14 Years 1 Months | Current |
| Mandar Suresh Kavathekar Also directs: Neutra Agro Private Limited | Director | 27 Apr 2018 | 8 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Spirit Institutes 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 Spirit Institutes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spirit Institutes has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Spirit Institutes Private Limited, buy the company report.
Recent activity
Spirit Institutes Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Vijay Shivaji Deshmukh ceased to be Director on 25 Mar 2019.
Frequently asked questions
Spirit Institutes is an active private limited company based in Karad, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 29 August 2012 (14+ years old) and is registered under CIN U80903PN2012PTC144542.
Spirit Institutes has 3 current directors:
- Hemavati Ashok Chougule - Director
- Shivaji Bhiku Deshmukh - Director
- Mandar Suresh Kavathekar - Director
The latest financial statements of Spirit Institutes on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Spirit Institutes has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Spirit Institutes is U80903PN2012PTC144542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spirit Institutes was incorporated on 29 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
Vijay Shivaji Deshmukh ceased to be Director on 25 Mar 2019. Hemavati Ashok Chougule was appointed as Director on 27 Apr 2018. Mandar Suresh Kavathekar was appointed as Director on 27 Apr 2018. Spirit Institutes has 4 board changes on record in total.
The registered office of Spirit Institutes is at Plot No. 3702 D 1 Bhattad Complex Shaniwar Peth, Karad, Maharashtra, India – 415110.
Spirit Institutes operates in the education and learning industry, in the educational support services segment.
The compliance status of Spirit Institutes is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.