Upstep Education Private Limited

Upstep Education Private Limited - education in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U80903MH2022PTC388025 Incorporated 02 August 2022 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company education
Data last updated
Revenue · FY 2025
₹24.8 Cr
▲ 51% YoY
Net profit · FY 2025
₹2.07 Cr
Net margin 8.3%
EBITDA · FY 2025
₹2.36 Cr
EBITDA margin 9.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
226
Provident fund records
Directors on board
2
As per MCA filings

About Upstep Education Private Limited

Data last updated:

Upstep Education Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the elearning and digital education segment of the education sector. It was incorporated on 02 August 2022.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80903MH2022PTC388025. Its GSTIN is 27AADCU1557G1ZB (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹40 Lakh. It is led by directors Abhijit Ramnath Hatkar and Salil Kumar Ghate.

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 Unit No. 505 A B & C Town Centre II Andheri – Kurla Road Marol, Mumbai, Maharashtra, India – 400059.

As per the financials filed for FY 2025, the company reported a revenue of ₹24.8 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹2.07 Cr (net margin 8.3%) and EBITDA of ₹2.36 Cr (EBITDA margin 9.5%).

The company has about 226 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Upstep Academy.

For more details, the company can be reached via its website upstepacademy.com.

Company details

CIN U80903MH2022PTC388025
Registration Number 388025
Incorporation Date 02 August 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Upstep Education Private Limited's registered office is in Mumbai, Maharashtra. Its website is upstepacademy.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No. 505 A B & C Town Centre II Andheri – Kurla Road Marol, Mumbai, Maharashtra, India – 400059
  • Industry
    Education, eLearning & Digital Education

To see the full contact details of Upstep Education Private Limited, buy the company report.

Comprehensive company report
Upstep Education 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

Upstep Education operates one associated brand: Upstep Academy. Each brand links to its own profile.

BrandDescriptionWebsite
Offers interactive online chess courses for kids aged 5-15 worldwide.upstepacademy.com

Financials of Upstep Education Private Limited

FY 2025 filings available

Upstep Education Private Limited reported revenue of ₹24.8 Cr (up 51% YoY) for FY 2025.

Revenue · FY 2025
₹24.8 Cr ▲ 51%
Net profit · FY 2025
₹2.07 Cr margin 8.3%
EBITDA · FY 2025
₹2.36 Cr margin 9.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 51%
EBITDA CAGR growth
1 year
▲ 147%

Revenue rose 51% in the latest year. EBITDA rose 147% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23
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₹2.36 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.07 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

MetricsFY 2024-25FY 2023-24FY 2022-23
Profitability
EBITDA Margin9.5%
Net Profit Margin8.3%
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 Upstep Education Private Limited, buy the company report.

Board of directors of Upstep Education Private Limited

Upstep Education has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhijit Ramnath HatkarDirector02 Aug 20224 Years 2 MonthsCurrent
Salil Kumar GhateDirector02 Aug 20224 Years 2 MonthsCurrent

Peer comparison

Upstep Education Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (E Learning, Education), with the same principal business activity (educational support services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Talentedge Education Ventures Private Limited₹25.47 Cr (FY 2023)78.0%Mumbai, Maharashtra, India
C & K Management Limited₹25.36 Cr (FY 2025)-13.0%Hyderabad, Telangana, India
G-Tec Education Private Limited₹25.12 Cr (FY 2025)29.0%Kozhikode, Kerala, India
Bytexl India Private Limited₹25.04 Cr (FY 2024)66.0%Hyderabad, Telangana, India
Upstep Education Private Limitedthis company₹24.8 Cr (FY 2025)₹2.07 Cr8.3%51.0%226Mumbai, Maharashtra, India
Karadi Path Education Company Private Limited₹24.03 Cr (FY 2025)18.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Upstep Education Private Limited, buy the company report.

Auditor

Upstep Education Private Limited is audited by M M N & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
M M N & COFY 2024139520W

Shareholding

The shareholding of Upstep Education Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Upstep Education Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Upstep Education Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Upstep Education Private Limited has a workforce of 226 employees on its EPFO records as of Mar 22, 2025, across 1 active EPFO establishment.

Employee count
226
Active EPFO establishments
1
Employee growth
44.87%

GST

Upstep Education has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AADCU1557G1ZBMaharashtraActive21 Sep 2022
06AADCU2724K1ZBHaryanaActive05 Apr 2023
29AADCU2724K1Z3KarnatakaActive16 Aug 2023

To see the full GST registrations and return filing status of Upstep Education Private Limited, buy the company report.

Recent activity

Upstep Education Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Abhijit Ramnath Hatkar was appointed as Director on 02 Aug 2022.

AGM
Upstep Education Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Upstep Education Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Abhijit Ramnath Hatkar was appointed as Director.
Appointed
Salil Kumar Ghate was appointed as Director.
Incorporation
02 Aug 2022
Upstep Education Private Limited was registered on 02 Aug 2022 with Roc Mumbai & aged 4 years 2 months as per MCA records.

Frequently asked questions

Upstep Education is an active private limited company based in Mumbai, Maharashtra, India. The company works in elearning and digital education, within the education industry. It was incorporated on 02 August 2022 (4+ years old) and is registered under CIN U80903MH2022PTC388025.

Upstep Education has 2 current directors:

The latest financial statements of Upstep Education 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 2023 are in the company report.

The GSTIN of Upstep Education is 27AADCU1557G1ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AADCU2724K1ZB (Haryana), 29AADCU2724K1Z3 (Karnataka).

The CIN (Corporate Identification Number) of Upstep Education is U80903MH2022PTC388025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Upstep Education was incorporated on 02 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Upstep Education by revenue are Talentedge Education Ventures Private Limited, C & K Management Limited, G-Tec Education Private Limited, Bytexl India Private Limited, Karadi Path Education Company Private Limited, all in the Education industry (E Learning, Education), with the same principal business activity (educational support services).

Abhijit Ramnath Hatkar was appointed as Director on 02 Aug 2022. Salil Kumar Ghate was appointed as Director on 02 Aug 2022.

Upstep Education can be reached through the website upstepacademy.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Upstep Education is at Unit No. 505 A B & C Town Centre II Andheri – Kurla Road Marol, Mumbai, Maharashtra, India – 400059.

Upstep Education operates in the education industry, in the elearning and digital education segment.