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.
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 |
- 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 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 2018-19 to FY 2021-22in the company report |
|---|---|---|
| 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
| Metrics | FY 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| 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, and every line for FY 2018-19 to FY 2021-22, 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
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
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 companies nearest to Alag Brainworks by revenue, above and below it, 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
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Alag Brainworks Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Alag Brainworks.
: available in 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.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Alag Brainworks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCK2334F1ZW | Gujarat | Active | 11 Mar 2019 |
: available in the company report
MCA Filings & Documents
: available in the company report
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.