MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0060479
Everest Edusys and Solutions Private Limited - education in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹51.91 Lakh
▼ 41% YoY
Net loss · FY 2020
₹1.74 Cr
Net margin -335.2%
EBITDA · FY 2020
-₹1.43 Cr
EBITDA margin -275.5%
Authorised capital
₹10.88 Cr
Registered with MCA
Paid-up capital
₹10.73 Cr
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Everest Edusys and Solutions Private Limited
Data last updated:
Everest Edusys and Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 26 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2007PTC064892. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10.88 Cr and a paid-up capital of ₹10.73 Cr. It was formerly known as Everest Corporate Investment Advisors Private Limited. It is led by directors Chokanath Ramakrishnan Hymavathy and Krishna Kumar Srinivasan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 86 Vasanth Business Centre 3rd Floor Ttk Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2020, the company reported a revenue of ₹51.91 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹1.74 Cr (net margin -335.2%) and EBITDA of -₹1.43 Cr (EBITDA margin -275.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 42% over five years.
The company is associated with 1 brand: QED Quest. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹16.66 Cr; the latest was in June 2015.
Everest Edusys and Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0060479). 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 qedquest.com.
Company details
CIN U74140TN2007PTC064892
Registration Number 064892
Incorporation Date 26 September 2007
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0060479
Recognitions & Rankings of Everest Edusys and Solutions
Contact details
Everest Edusys and Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is qedquest.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo 86 Vasanth Business Centre 3rd Floor Ttk Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryEducation, EdTech Solutions
To see the full contact details of Everest Edusys and Solutions Private Limited, buy the company report.
Comprehensive company report
Everest Edusys and Solutions Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Everest Edusys and Solutions operates one associated brand: QED Quest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online learning solutions for schools | qedquest.com |
Financials of Everest Edusys and Solutions Private Limited
FY 2024 filings availableEverest Edusys and Solutions Private Limited reported revenue of ₹51.91 Lakh (down 41% YoY) for FY 2020.
Revenue · FY 2020
₹51.91 Lakh ▼ 41%
Net loss · FY 2020
₹1.74 Cr margin -335.2%
EBITDA · FY 2020
-₹1.43 Cr margin -275.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 1%
5 years · compounded
▼ 42%
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 41% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹51.91 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -275.5% | ||||
| Net Profit Margin | -335.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Everest Edusys and Solutions Private Limited, buy the company report.
Board of directors of Everest Edusys and Solutions Private Limited
Everest Edusys and Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chokanath Ramakrishnan Hymavathy | Director | 26 Sep 2007 | 19 Years 0 Months | Current |
| Krishna Kumar Srinivasan | Director | 26 Sep 2007 | 19 Years 0 Months | Current |
Auditor
Everest Edusys and Solutions Private Limited is audited by S THYAGARAJAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S THYAGARAJAN & CO | FY 2020 | 006636S |
Shareholding
The shareholding of Everest Edusys and Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Everest Edusys and Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2014 | 10541202 | Indian Bank | ₹1 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Everest Edusys and Solutions Private Limited has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹16.66 Cr; the latest was in June 2015.
Total deals
5
Funding rounds
3
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹16.66 Cr
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Funding round · Series B | ₹4.56 Cr | Investors: Lok Capital, 3 individuals |
| Sep 2013 | Funding round · Series A | ₹5.7 Cr | Investors: Lok Capital, 3 individuals |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Witmer Enterprises Private Limited |
| Jul 2013 | Funding round | ₹3.17 Cr | Investors: Witmer Enterprises Private Limited , 2 individuals |
To see the full deal history of Everest Edusys and Solutions 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
Everest Edusys and Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Schoolnet India Ltd | Disposed |
To see the full case history of Everest Edusys and Solutions 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Everest Edusys and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Everest Edusys and Solutions Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Everest Edusys and Solutions 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.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Everest Edusys and Solutions Private Limited, buy the company report.
Recent activity
Everest Edusys and Solutions Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Venkatesh Natarajan ceased to be Nominee Director on 24 Jan 2018.
AGM
Everest Edusys And Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Everest Edusys And Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Venkatesh Natarajan ceased to be Nominee Director.
Charges
A charge with Indian Bank amounted to Rs. 1.00 Cr with Charge ID 10541202 was registered on 28 Nov 2014.
Appointed
Chokanath Ramakrishnan Hymavathy was appointed as Director.
Appointed
Krishna Kumar Srinivasan was appointed as Director.
Incorporation
26 Sep 2007
Everest Edusys And Solutions Private Limited was registered on 26 Sep 2007 with Roc Chennai & aged 19 years 29 days as per MCA records.
Frequently asked questions
Everest Edusys and Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in edtech solutions, within the education industry. It was incorporated on 26 September 2007 (19+ years old) and is registered under CIN U74140TN2007PTC064892.
Everest Edusys and Solutions has 2 current directors:
- Chokanath Ramakrishnan Hymavathy - Director
- Krishna Kumar Srinivasan - Director
The latest financial statements of Everest Edusys and Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Everest Edusys and Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Everest Edusys and Solutions is U74140TN2007PTC064892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Everest Edusys and Solutions has 2 court cases on record: 2 filed against it.
Everest Edusys and Solutions was incorporated on 26 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Everest Edusys and Solutions has 5 deals on record (3 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹16.66 Cr; the latest was in June 2015.
Venkatesh Natarajan ceased to be Nominee Director on 24 Jan 2018. Chokanath Ramakrishnan Hymavathy was appointed as Director on 26 Sep 2007. Krishna Kumar Srinivasan was appointed as Director on 26 Sep 2007.
Yes, Everest Edusys and Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0060479).