Alag Brainworks Limited
About Alag Brainworks Limited
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Alag Brainworks Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 24 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46498GJ2018PLC103716. Its GSTIN is 24AAHCK2334F1ZW (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹89.41 Lakh. It was formerly known as Kidos Brainworks Limited. It is led by directors including Alpa Jignesh Pandya and Vishal Mulchandbhai Gala.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹85.78 Lakh (net margin 19.7%) and EBITDA of ₹1.07 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Alag Brainworks Limited
Alag Brainworks has one previous CIN (Corporate Identification Number): U21095GJ2018PLC103716. The current CIN is U46498GJ2018PLC103716, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46498GJ2018PLC103716 | Current |
| U21095GJ2018PLC103716 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSurvey No.00010 Tps 10 F P 44 Sp 1/7 Behind Navanit Prakashan Ajod Dairy Roa, D Rakhiya, Ahmedabad, Gujarat, India – 380023
- IndustryEducation, Office & School Supplies
- 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
Financials of Alag Brainworks Limited FY 2023 filings available
Alag Brainworks Limited reported revenue of ₹4.35 Cr (up 566% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Alag Brainworks Limited
Revenue has grown at a compounded annual rate (CAGR) of 67% over three years, including 566% growth in the latest year. EBITDA rose 198% 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 Alag Brainworks Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.35 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹85.78 Lakh | •••• | •••• | •••• | •••• |
| 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 of Alag Brainworks Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.7% | •••• | •••• | •••• | •••• |
| 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 Alag Brainworks are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Alag Brainworks Limited
Alag Brainworks has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpa Jignesh Pandya Also directs: Gala Global Products Limited | Director | 06 Oct 2022 | 4 Years 0 Months | Current |
| Raj Manishbhai Tanna Also directs: Ameliorate Tradex Solutions Limited, Stenzo Universal Limited | Additional Director | 07 Nov 2023 | 2 Years 11 Months | Current |
| Vishal Mulchandbhai Gala | Director | 24 Aug 2018 | 8 Years 1 Months | Current |
Peer Comparison of Alag Brainworks Limited
Alag Brainworks Limited is compared with the companies closest to it by revenue in the Education industry (Office and School Supplies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Space Age Computer Forms Pvt Ltd | ₹4.47 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Bhayana Computer Stationery Forms Private Limited | ₹4.44 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Fridabad, Haryana, India |
| Bhaskar Stationers Private Limited | ₹4.43 Cr (FY 2024) | •••• | •••• | -53.0% | •••• | Bangalore, Karnataka, India |
| Adm Commercial Private Limited | ₹4.38 Cr (FY 2021) | •••• | •••• | -39.0% | •••• | Bhubaneswar, Odisha, India |
| Edu Mart India Limited | ₹4.38 Cr (FY 2022) | •••• | •••• | 1261.0% | •••• | Kozhikode, Kerala, India |
| Alag Brainworks Limited this company | ₹4.35 Cr (FY 2023) | •••• | •••• | 566.0% | •••• | Ahmedabad, Gujarat, India |
| Unipack Printers Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | New Delhi, Delhi, India |
| Unnat Exports (OPC) Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | Ambala Cantt, Haryana, India |
| Gopi Book Makers Private Limited | ₹4.28 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Chittoor, Andhra Pradesh, India |
| All Office Solutions Trading Private Limited | ₹4.27 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Scorpion Buildtech Private Limited | ₹4.27 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Alag Brainworks by revenue in the Education industry (Office and School Supplies), 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 Alag Brainworks Limited
Alag Brainworks Limited is audited by DEVANGI SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEVANGI SHAH & CO. | 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.
Ownership and Shareholding of Alag Brainworks 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 Alag Brainworks Limited
Alag Brainworks Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Alag Brainworks Limited
Employment history and EPFO contributions of people linked to Alag Brainworks.
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 Alag Brainworks Limited
Alag Brainworks Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Kaushar Aslambhai Katariya ceased to be Additional Director on 07 Nov 2023.
Credit Ratings, Litigation & Regulatory Alerts for Alag Brainworks 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 Alag Brainworks 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 Alag Brainworks 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 Alag Brainworks Limited
Alag Brainworks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCK2334F1ZW | Gujarat | Active | 11 Mar 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 Alag Brainworks 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.
Frequently Asked Questions about Alag Brainworks Limited
Alag Brainworks is an active public limited company based in Ahmedabad, Gujarat, India. The company works in office and school supplies, within the education industry. It was incorporated on 24 August 2018 (8+ years old) and is registered under CIN U46498GJ2018PLC103716.
Alag Brainworks reported revenue of ₹4.35 Cr for FY 2023 (up 566% YoY).
Alag Brainworks has 3 current directors:
- Alpa Jignesh Pandya - Director
- Raj Manishbhai Tanna - Additional Director
- Vishal Mulchandbhai Gala - Director
Alag Brainworks reported a net profit of ₹85.78 Lakh (net margin 19.7%) and EBITDA of ₹1.07 Cr (EBITDA margin 24.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alag Brainworks is 67% over three years. In the latest year (FY 2023) revenue rose 566%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Alag Brainworks is 24AAHCK2334F1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Alag Brainworks is U46498GJ2018PLC103716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alag Brainworks was incorporated on 24 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Alag Brainworks by revenue are Space Age Computer Forms Pvt Ltd, Bhayana Computer Stationery Forms Private Limited, Bhaskar Stationers Private Limited, Adm Commercial Private Limited, Edu Mart India Limited and 5 more, all in the Education industry (Office and School Supplies).
Kaushar Aslambhai Katariya ceased to be Additional Director on 07 Nov 2023. Raj Manishbhai Tanna was appointed as Additional Director on 07 Nov 2023. Alpa Jignesh Pandya ceased to be Additional Director on 29 Sep 2023. Alag Brainworks has 7 board changes on record in total.
The registered office of Alag Brainworks is at Survey No.00010 Tps 10 F P 44 Sp 17 Behind Navanit Prakashan Ajod Dairy Roa, D Rakhiya, Ahmedabad, Gujarat, India – 380023.