Balajee Education Private Limited
About Balajee Education Private Limited
Data last updated:
Balajee Education Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the test prep and competitive exam coaching segment of the education sector. It was incorporated on 05 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U80301WB2005PTC100998. Its GSTIN is 19AACCB5573C1ZS (West Bengal). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.1 Lakh. It is led by directors Sunil Agarwal and Sanjay Kumar Khemka.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 4th Floor 23 Circus Avenue, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2021, the company reported a revenue of ₹137.4 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹18.27 Cr (net margin 13.3%) and EBITDA of ₹29.49 Cr (EBITDA margin 21.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.
The company has about 439 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹145.31 Cr on record. Court records list 54 cases involving the company, including 50 filed by the company and 4 filed against it; 21 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.19 Cr; the latest was in August 2015. Its 5 peer companies in the Education industry (Education, Test Preparation), with the same principal business activity (educational support services) are compared by revenue, 2 larger and 3 smaller; the largest is New Age Education and Skills Foundation with revenue of ₹156.13 Cr. The company has 9 MSME Form 1 returns on record between 2020 and 2023, listing 80 overdue payments to 23 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Balajee Education has one previous CIN (Corporate Identification Number): U20903WB2005PTC100998. The current CIN is U80301WB2005PTC100998, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80301WB2005PTC100998 | Current |
| U20903WB2005PTC100998 | Previous |
Contact details
Balajee Education Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor 23 Circus Avenue, Kolkata, West Bengal, India – 700017
- IndustryEducation, Test Prep & Competitive Exam Coaching
To see the full contact details of Balajee Education Private 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 Balajee Education Private Limited
FY 2021 filings availableBalajee Education Private Limited reported revenue of ₹137.4 Cr (down 17% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 9% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹137.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.27 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.5% | ||||
| Net Profit Margin | 13.3% | ||||
| 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 Balajee Education Private Limited, buy the company report.
Board of directors of Balajee Education Private Limited
Balajee Education has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Agarwal Also directs: Lavanya Commosales Private Limited, Balajee Utility Services Private Limited, Vyom Education and 5 more | Director | 01 Feb 2011 | 15 Years 8 Months | Current |
| Sanjay Kumar Khemka Also directs: Pinax Paper Mills Private Limited, Zen Finlease Private Limited, Zirkon Riceland and Foods Products Private Limited and 5 more | Director | 05 Jan 2005 | 21 Years 9 Months | Current |
Peer comparison
Balajee Education Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (Education, Test Preparation), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Age Education and Skills Foundation | ₹156.13 Cr (FY 2025) | 243.0% | Surat, Gujarat, India | |||
| Coeus Education Management Private Limited | ₹148.33 Cr (FY 2016) | Mumbai, Maharashtra, India | ||||
| Balajee Education Private Limitedthis company | ₹137.4 Cr (FY 2021) | ₹18.27 Cr | 13.3% | -17.0% | 439 | Kolkata, West Bengal, India |
| Next Education India Private Limited | ₹133.62 Cr (FY 2025) | -22.0% | Hyderabad, Telangana, India | |||
| Brilliant Study Centre Private Limited | ₹130.59 Cr (FY 2025) | 60.0% | Meenachil, Kerala, India | |||
| Learnfluence Education Limited | ₹129.43 Cr (FY 2025) | 79.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Balajee Education Private Limited, buy the company report.
Auditor
Balajee Education Private Limited is audited by Rajgaria & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajgaria & Associates | FY 2021 | 314241E |
Shareholding
The shareholding of Balajee Education Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balajee Education Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2016 | 100066775 | Hdfc Bank Limited | ₹15.52 Cr | Satisfied | |
| 27 Oct 2015 | 10610831 | Others | ₹1.45 Cr | Satisfied | |
| 27 May 2015 | 10584142 | Deutsche Bank Ag | ₹6.56 Cr | Satisfied | |
| 03 Mar 2015 | 10554047 | Others | ₹17 Cr | Satisfied | |
| 31 Oct 2014 | 10528889 | Others | ₹2.35 Cr | Satisfied |
To see the full charge records of Balajee Education Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Balajee Education Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.19 Cr; the latest was in August 2015.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: Sunil Agarwal HUF, an individual Seller: SB Bags Private Limited |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Zen Finlease Private Limited, Advent Stock Management Private Limited , Sarita Banka, an individual |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: Savitri Realtor Private Limited Seller: Mangalam Equity Management Pvt Ltd , Uniform Collection Private Limited , Excellent Stock Management Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Savitri Share and Securities Private Limited Seller: Uniform Collection Private Limited , Adishwar Nirman Private Limited , Dolphin Investment Management Private Limited |
| Mar 2010 | Funding round | ₹71 Lakh | Investors: Zen Finlease Private Limited, Advent Stock Management Private Limited , Sarita Banka |
To see the full deal history of Balajee Education Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balajee Education Private Limited has 54 court cases on record: 50 filed by Balajee Education, 4 filed against it. 21 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 3 | 20 |
| High courts | 12 | 1 | 1 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Balajee Education Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Balajee Education Private Limited was last rated by Crisil on 29 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Oct 2020 |
To see the full credit ratings and regulatory alerts of Balajee Education Private Limited, buy the company report.
MSME payment delays
Balajee Education Private Limited has 9 MSME Form 1 returns on record between 2020 and 2023, listing 80 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| R R Enterprises | |||
| Nirmal Intelligence and Security Services Private Limited | |||
| Visual Securas Limited | |||
| an individual supplier | |||
| In's & Out |
To see the full MSME payment records of Balajee Education Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Balajee Education Private Limited has a workforce of 439 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Balajee Education has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCB5573C1ZS | West Bengal | Active | 01 Jul 2017 |
| 10AACCB5573C2Z9 | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balajee Education Private Limited, buy the company report.
Recent activity
Balajee Education Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Ambika Khemka ceased to be Director on 18 Oct 2012.
44 earlier events are in the company report.
Frequently asked questions
Balajee Education is an active private limited company based in Kolkata, West Bengal, India. The company works in test prep and competitive exam coaching, within the education industry. It was incorporated on 05 January 2005 (21+ years old) and is registered under CIN U80301WB2005PTC100998.
Balajee Education has 2 current directors:
- Sunil Agarwal - Director
- Sanjay Kumar Khemka - Director
The latest financial statements of Balajee Education on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Balajee Education is 19AACCB5573C1ZS, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 10AACCB5573C2Z9 (Bihar).
The CIN (Corporate Identification Number) of Balajee Education is U80301WB2005PTC100998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balajee Education has 54 court cases on record: 50 filed by the company and 4 filed against it. 21 are pending. Most are in the district courts.
Balajee Education was incorporated on 05 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
Balajee Education has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.19 Cr; the latest was in August 2015.
The peers of Balajee Education by revenue are New Age Education and Skills Foundation, Coeus Education Management Private Limited, Next Education India Private Limited, Brilliant Study Centre Private Limited, Learnfluence Education Limited, all in the Education industry (Education, Test Preparation), with the same principal business activity (educational support services).
Ambika Khemka ceased to be Director on 18 Oct 2012. Anita Agarwal ceased to be Director on 18 Oct 2012. Sunil Agarwal was appointed as Director on 01 Feb 2011. Balajee Education has 4 board changes on record in total.
Balajee Education has 9 MSME Form 1 returns on record between 2020 and 2023, listing 80 overdue payments to 23 micro and small suppliers. The latest return was filed on 29 Aug 2023.
The registered office of Balajee Education is at 4th Floor 23 Circus Avenue, Kolkata, West Bengal, India – 700017.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
