About Future Human Development Limited
Data last updated:
Future Human Development Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Future Corporate Resources Private 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 corporate training and development segment of the education sector. It was incorporated on 18 January 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2007PLC167121. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.02 Cr. It was formerly known as Home Solutions Services (India) Limited. It was led by directors including Ankit Singhania and Anuraag Agarwal.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹112.46 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹26.24 Lakh (net margin 0.2%) and EBITDA of ₹12.55 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
Its group structure included 1 subsidiary.
The company was associated with 1 brand: Future Learning India. As per MCA filings, the company had satisfied charges of ₹65.5 Cr on record. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹37.5 Cr; the latest was in March 2018.
The last known website on record is futurelearning.in.
Company details
CIN history
Future Human Development has one previous CIN (Corporate Identification Number): U74999MH2007PLC167121. The current CIN is U74900MH2007PLC167121, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2007PLC167121 | Current |
| U74999MH2007PLC167121 | Previous |
Contact details
Future Human Development Limited's registered office is in Mumbai, Maharashtra. Its website is futurelearning.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKnowledge House Shyam Nagar Jogeshwari Vikhroli Link Road Jogeshwar, I (E), Mumbai, Maharashtra, India – 400060
- IndustryEducation, Corporate Training & Development
To see the full contact details of Future Human Development 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
Brands
Future Human Development operates one associated brand: Future Learning India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Skill based training for the rural youth | futurelearning.in |
Business activity
The main business activity of Future Human Development is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Future Human Development Limited, buy the company report.
Financials of Future Human Development Limited
FY 2018 filings availableFuture Human Development Limited reported revenue of ₹112.46 Cr (down 4% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 8% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹112.46 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹12.55 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹26.24 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.2% | |||
| Net Profit Margin | 0.2% | |||
| 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 Future Human Development Limited, buy the company report.
Board of directors of Future Human Development Limited
Future Human Development has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Singhania | Director | 31 Mar 2015 | 11 Years 7 Months | As last reported |
| Anuraag Agarwal | Director | 25 Mar 2013 | 13 Years 7 Months | As last reported |
| Deepak Mahansaria | Director | 31 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Future Human Development Limited is audited by B K A & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K A & CO | FY 2018 | 126356W |
Shareholding
The shareholding of Future Human Development Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Future Human Development Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2011 | 10320483 | Dhanlaxmi Bank Limited | ₹30.5 Cr | Satisfied | |
| 23 Apr 2010 | 10223297 | St Helen'S Nominees India Private Limited | ₹35 Cr | Satisfied |
To see the full charge records of Future Human Development Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Future Human Development Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹37.5 Cr; the latest was in March 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Suhani Trading & Investment Consultants Private Limited & Hanuman Prajapat, Suhani Trading & Investment Consultants Private Limited & P D Sharma, Suhani Trading & Investment Consultants Private Limited & Akshay Gupta Seller: Future Corporate Resources Limited & P D Sharma, Future Corporate Resources Limited & Hanuman Prajapat, Future Corporate Resources Limited & Krishan Biyani |
| Mar 2015 | Funding round | ₹35.5 Cr | Investors: Future Corporate Resources Limited |
| Dec 2011 | Funding round | ₹2 Cr | Investors: Future Corporate Resources Limited |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: Future Corporate Resources Limited, Future Corporate Resources Limited & Sunil Mundra, Future Corporate Resources Limited & Akshay Gupta Seller: Lalit Corporate Advisory Services Private Limited , Lalit Corporate Advisory Services Private Limited & Rampal Laddha, Lalit Corporate Advisory Services Private Limited & Damodar Jhawar |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: Lalit Corporate Advisory Services Private Limited & Damodar Jhawar, Lalit Corporate Advisory Services Private Limited & Rampal Laddha, Lalit Corporate Advisory Services Private Limited & Mukesh Agarwal Seller: Home Solutions Retail (India) Limited & Ashutosh Vidwans, Home Solutions Retail (India) Limited, Home Solutions Retail (India) Limited & Nimesh Mehta |
To see the full deal history of Future Human Development 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
No court or tribunal cases involving Future Human Development Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Future Human Development Limited was last rated by Icra on 17 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Jan 2020 |
To see the full credit ratings and regulatory alerts of Future Human Development Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Future Human Development Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Future Human Development has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Future Sharp Skills Limited | U74120MH2011PLC222584 |
To see the full group structure of Future Human Development Limited, buy the company report.
GST
Future Human Development 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 Future Human Development Limited, buy the company report.
Recent activity
Future Human Development Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Rajkumar Pande ceased to be Director on 20 Oct 2016.
10 earlier events are in the company report.
Frequently asked questions
Future Human Development 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.
Future Human Development was a public limited company based in Mumbai, Maharashtra, India. The company worked in corporate training and development, within the education industry. It was incorporated on 18 January 2007 and is registered under CIN U74900MH2007PLC167121. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Future Human Development was incorporated on 18 January 2007. It is registered with the Registrar of Companies, Mumbai.
Future Human Development had 3 directors:
- Ankit Singhania - Director
- Anuraag Agarwal - Director
- Deepak Mahansaria - Director
The CIN (Corporate Identification Number) of Future Human Development is U74900MH2007PLC167121. 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 Future Human Development is at Knowledge House Shyam Nagar Jogeshwari Vikhroli Link Road Jogeshwar, I E, Mumbai, Maharashtra, India – 400060.
Future Human Development can be reached through the website futurelearning.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Future Human Development on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Future Human Development has 2 GST registrations on record and all of them are cancelled or inactive.
Future Human Development operated in the education industry, in the corporate training and development segment.
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.
