About Consolidated Education Technologies (India) Private Limited
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Consolidated Education Technologies (India) Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 24 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U80904AP2008PTC059841. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.92 Cr. It is led by directors Veeramacheneni Balacharan (Managing Director) and Rahima Begum.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 3 – 13 Ocean Drive Layout Gudlavanipalem Near Sagar Nagar, Visakhapatnam, Andhra Pradesh, India – 530045.
As per the financials filed for FY 2019, the company reported a revenue of ₹49.51 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹23.51 Lakh (net margin -47.5%) and EBITDA of -₹16.23 Lakh (EBITDA margin -32.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹2.14 Cr; the latest was in March 2014. Its 3 peer companies in the Education industry (Corporate and Commercial Training, Education), with the same principal business activity (educational support services) are compared by revenue, 2 larger and 1 smaller; the largest is Atees Industrial Training Private Limited with revenue of ₹49.58 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website conedtec.com.
Company details
Contact details
Consolidated Education Technologies (India) Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is conedtec.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address3 – 13 Ocean Drive Layout Gudlavanipalem Near Sagar Nagar, Visakhapatnam, Andhra Pradesh, India – 530045
- IndustryEducation, Corporate Training & Development
To see the full contact details of Consolidated Education Technologies (India) 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 Consolidated Education Technologies (India) Private Limited
FY 2019 filings availableConsolidated Education Technologies (India) Private Limited reported revenue of ₹49.51 Lakh (down 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 9% fall in the latest year. EBITDA fell 4% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹49.51 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹16.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.51 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32.8% | ||||
| Net Profit Margin | -47.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Consolidated Education Technologies (India) Private Limited, buy the company report.
Board of directors of Consolidated Education Technologies (India) Private Limited
Consolidated Education Technologies (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahima Begum | Director | 24 Jun 2008 | 18 Years 4 Months | Current |
| Veeramacheneni Balacharan Also directs: Bharat247 C-Store Private Limited, U-Sky Store Private Limited, U-Sky Overseas Education (OPC) Private Limited and 1 more | Managing Director | 24 Jun 2008 | 18 Years 4 Months | Current |
Peer comparison
Consolidated Education Technologies (India) Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Education), 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 |
|---|---|---|---|---|---|---|
| Atees Industrial Training Private Limited | ₹49.58 Lakh (FY 2024) | -5.0% | Thrissur, Kerala, India | |||
| Nihon Global Gateway Private Limited | ₹49.54 Lakh (FY 2025) | 29.0% | Chennai, Tamil Nadu, India | |||
| Consolidated Education Technologies (India) Private Limitedthis company | ₹49.51 Lakh (FY 2019) | -₹23.51 Lakh | -47.5% | -9.0% | Visakhapatnam, Andhra Pradesh, India | |
| Veracity Management Solutions Private Limited | ₹49.44 Lakh (FY 2020) | -47.0% | Kota, Rajasthan, India |
To see the full peer comparison of Consolidated Education Technologies (India) Private Limited, buy the company report.
Shareholding
The shareholding of Consolidated Education Technologies (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Consolidated Education Technologies (India) Private Limited, buy the company report.
Deals & funding
Consolidated Education Technologies (India) Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹2.14 Cr; the latest was in March 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹76.6 Lakh | Investors: 2 individuals |
| Feb 2013 | Funding round | ₹76.9 Lakh | Investors: 2 individuals |
| Jan 2013 | Funding round | ₹34.6 Lakh | Investors: 3 individuals |
| Jan 2013 | Funding round | ₹25.9 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Consolidated Education Technologies (India) Private 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 Consolidated Education Technologies (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Consolidated Education Technologies (India) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Consolidated Education Technologies (India) Private Limited, buy the company report.
Recent activity
Consolidated Education Technologies (India) Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Veeramacheneni Balacharan ceased to be Director on 26 Feb 2014.
Frequently asked questions
Consolidated Education Technologies (India) is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in corporate training and development, within the education industry. It was incorporated on 24 June 2008 (18+ years old) and is registered under CIN U80904AP2008PTC059841.
Consolidated Education Technologies (India) has 2 current directors:
- Veeramacheneni Balacharan - Managing Director
- Rahima Begum - Director
The latest financial statements of Consolidated Education Technologies (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Consolidated Education Technologies (India) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Consolidated Education Technologies (India) is U80904AP2008PTC059841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Consolidated Education Technologies (India) was incorporated on 24 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
Consolidated Education Technologies (India) has 4 deals on record (4 funding rounds), with disclosed funding of ₹2.14 Cr; the latest was in March 2014.
The peers of Consolidated Education Technologies (India) by revenue are Atees Industrial Training Private Limited, Nihon Global Gateway Private Limited, Veracity Management Solutions Private Limited, all in the Education industry (Corporate and Commercial Training, Education), with the same principal business activity (educational support services).
Veeramacheneni Balacharan ceased to be Director on 26 Feb 2014. Rahima Begum was appointed as Director on 24 Jun 2008. Veeramacheneni Balacharan was appointed as Managing Director on 24 Jun 2008.
Consolidated Education Technologies (India) can be reached through the website conedtec.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Consolidated Education Technologies (India) is at 3 – 13 Ocean Drive Layout Gudlavanipalem Near Sagar Nagar, Visakhapatnam, Andhra Pradesh, India – 530045.