Alag Brainworks Limited
About Alag Brainworks Limited
Data last updated:
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.
Company details
CIN history
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 |
Contact details
Alag Brainworks Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Alag Brainworks Limited, buy the company report.
- 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 Alag Brainworks Limited
FY 2023 filings availableAlag Brainworks Limited reported revenue of ₹4.35 Cr (up 566% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| 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) | |||||
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Financial Ratios
| 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) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Alag Brainworks Limited, buy the company report.
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 2 Months | Current |
Peer comparison
Alag Brainworks Limited is compared with the 10 companies closest to it by revenue in the Education industry (Office and School Supplies), from the latest filed financials of each company.
| 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 Limitedthis company | ₹4.35 Cr (FY 2023) | ₹85.78 Lakh | 19.7% | 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 |
To see the full peer comparison of Alag Brainworks Limited, buy the company report.
Auditor
Alag Brainworks Limited is audited by DEVANGI SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVANGI SHAH & CO. | FY 2023 | 0158290W |
Shareholding
The shareholding of Alag Brainworks Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Alag Brainworks Limited, buy the company report.
Legal cases
No court or tribunal cases involving Alag Brainworks 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 Alag Brainworks Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alag Brainworks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCK2334F1ZW | Gujarat | Active | 11 Mar 2019 |
To see the full GST registrations and return filing status of Alag Brainworks Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 3 current directors:
- Alpa Jignesh Pandya - Director
- Raj Manishbhai Tanna - Additional Director
- Vishal Mulchandbhai Gala - Director
The latest financial statements of Alag Brainworks on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
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.
Alag Brainworks operates in the education industry, in the office and school supplies segment.
The compliance status of Alag Brainworks is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.