About E-Class Education System Limited
Data last updated:
E-Class Education System Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Sundaram Multi Pap Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the edtech solutions segment of the education sector. It was incorporated on 20 July 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U80212MH2009PLC194231. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Cr and a paid-up capital of ₹40 Cr. It was formerly known as Sundaram Edusys Private Limited and E-Class Education System Private Limited. It was led by directors including Hardik Amrut Shah (Whole-Time Director) and Minjal Vipul Kadakia.
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 was at 5/6 Papa Industrial Estate Suren Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 19.8%) and EBITDA of ₹3.39 Cr (EBITDA margin 37%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.
The company had about 14 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹10 Cr on record.
The last known website on record is e-class.in.
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- Website
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- Registered Address5/6 Papa Industrial Estate Suren Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryEducation, EdTech Solutions, eLearning & Digital Education
- 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
Name History of E-Class Education System Limited
E-Class Education System has undergone 2 name changes throughout its history. The company was previously known as Sundaram Edusys Private Limited, and E-Class Education System Private Limited. The current legal name is E-Class Education System Limited.
| Company Name | Status |
|---|---|
| E-Class Education System Limited | Current |
| Sundaram Edusys Private Limited | Previous |
| E-Class Education System Private Limited | Previous |
CIN History of E-Class Education System Limited
E-Class Education System has one previous CIN (Corporate Identification Number): U80212MH2009PTC194231. The current CIN is U80212MH2009PLC194231, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80212MH2009PLC194231 | Current |
| U80212MH2009PTC194231 | Previous |
Business Activity of E-Class Education System Limited
The business activities of E-Class Education System are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of E-Class Education System Limited
E-Class Education System Limited is audited by BHUTA SHAH & Co. LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHUTA SHAH & Co. LLP | 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.
Board of Directors and KMP of E-Class Education System Limited
E-Class Education System Limited currently reports 5 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Amrut Shah | Whole-Time Director | 01 Dec 2012 | 13 Years 10 Months | As last reported |
| Minjal Vipul Kadakia | Director | 01 Dec 2016 | 9 Years 10 Months | As last reported |
| Bhavesh Shamji Chheda | Company Secretary | 08 Mar 2017 | 9 Years 6 Months | As last reported |
| Paresh Jain Also directs: GB Global Limited, Ariona Professional Services Private Limited | Director | 12 Aug 2019 | 7 Years 1 Months | As last reported |
| Dipesh Shamji Dedhia | Cfo | 15 Jul 2014 | 12 Years 2 Months | As last reported |
| Shantilal Premji Shah Also directs: Sundaram Multi Pap Limited, Sundaram Bio-Tech Private Limited | Director | 20 Jul 2009 | 17 Years 2 Months | As last reported |
Financials of E-Class Education System Limited FY 2019 filings available
E-Class Education System Limited reported revenue of ₹9.14 Cr (up 249% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of E-Class Education System Limited
Revenue has grown at a compounded annual rate (CAGR) of 52% over three years, including 249% growth in the latest year. EBITDA rose 334% 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 E-Class Education System Limited
| 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 | ₹9.14 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.81 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 of E-Class Education System Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.8% | •••• | •••• | •••• | •••• |
| 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 E-Class Education System are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of E-Class Education System 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 E-Class Education System Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2013 | Sicom Limited | ₹5 Cr | Satisfied |
| 20 Oct 2012 | Sicom Limited | ₹5 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at E-Class Education System Limited
E-Class Education System Limited has a workforce of 14 employees as of Apr 10, 2024.
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.
GST Compliance of E-Class Education System Limited
E-Class Education System has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
Credit Ratings, Litigation & Regulatory Alerts for E-Class Education System 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 E-Class Education System 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 E-Class Education System 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.
MCA Filings & Documents of E-Class Education System 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.
Recent Activity on E-Class Education System Limited
Frequently Asked Questions about E-Class Education System Limited
E-Class Education System has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
E-Class Education System was a public limited company based in Mumbai, Maharashtra, India. The company worked in edtech solutions, within the education industry. It was incorporated on 20 July 2009 and is registered under CIN U80212MH2009PLC194231. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
E-Class Education System was incorporated on 20 July 2009. It is registered with the Registrar of Companies, Mumbai.
E-Class Education System had 7 directors and KMP:
- Hardik Amrut Shah - Whole-Time Director
- Minjal Vipul Kadakia - Director
- Paresh Jain - Director
- Shantilal Premji Shah - Director
- Amrut Premji Shah - Director
- Bhavesh Shamji Chheda - Company Secretary
- Dipesh Shamji Dedhia - Cfo
The CIN (Corporate Identification Number) of E-Class Education System is U80212MH2009PLC194231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of E-Class Education System is at 56 Papa Industrial Estate Suren Road Andheri East, Mumbai, Maharashtra, India – 400093.
E-Class Education System can be reached through the website e-class.in. Its registered office is in Mumbai, Maharashtra, India.
E-Class Education System reported revenue of ₹9.14 Cr for FY 2019 (up 249% YoY).
E-Class Education System has an authorised share capital of ₹40 Cr and a paid-up capital of ₹40 Cr.