About Itm Edutech Training Private Limited
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Itm Edutech Training Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Itm Edutech (India) Limited. It operates in the corporate training and development segment of the education sector. It was incorporated on 21 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2012PTC228543. Its GSTIN is 27AACCI8889C1Z7 (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.2 Cr. It is led by directors including Nitin Venkata Putcha and Lalitha Ramana Putcha.
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 Platinum Technopark 1001 10th Floor Plot No. 17 – 18 Sector 30 – A Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.59 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹2.38 Cr (net margin -27.7%) and EBITDA of -₹76.99 Lakh (EBITDA margin -9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
The company is associated with 1 brand: ITM Group of Institutions. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹71.82 Cr on record. The company has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in August 2017. Its 10 peer companies in the Education industry (Corporate and Commercial Training) are compared by revenue, 5 larger and 5 smaller; the largest is Gem Learning Services Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itm.edu.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlatinum Technopark 1001 10th Floor Plot No. 17 – 18 Sector 30 – A Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryEducation, Corporate Training & Development
- 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
Business Activity of Itm Edutech Training Private Limited
The business activities of Itm Edutech Training 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.
Financials of Itm Edutech Training Private Limited FY 2024 filings available
Itm Edutech Training Private Limited reported revenue of ₹8.59 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Itm Edutech Training Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 3% fall in the latest year. EBITDA rose 53% 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 Itm Edutech Training Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹76.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.38 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 Itm Edutech Training Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -27.7% | •••• | •••• | •••• | •••• |
| 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 Itm Edutech Training 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.
Peer Comparison of Itm Edutech Training Private Limited
Itm Edutech Training Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gem Learning Services Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Western India Institute of Aeronautics Private Limited | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| G.A. Future Educore Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Marg Business Transformation Private Limited | •••• | •••• | •••• | •••• | 12 | Bangalore North, Karnataka, India |
| Wall Street School Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Itm Edutech Training Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| United Oil and Gas Engineering Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Chanakya Academy for Education and Training Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| CSC Computer Education Private Limited | •••• | •••• | •••• | •••• | 32 | T.Nagar Chennai 600017, Tamil Nadu, India |
| Accpl Training and Infra Private Limited | •••• | •••• | •••• | •••• | 11 | Bangalore, Karnataka, India |
| Sapa Learning Private Limited | •••• | •••• | •••• | •••• | 37 | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Itm Edutech Training by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Itm Edutech Training Private Limited
Itm Edutech Training Private Limited is audited by T. Ramarao & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T. Ramarao & Company | 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 of Itm Edutech Training Private Limited
Itm Edutech Training has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Venkata Putcha Also directs: L R Educational Services LLP, Itm Edutech (India) Limited, Itm Coastal Engineering College and 5 more | Director | 12 Jun 2017 | 9 Years 3 Months | Current |
| Lalitha Ramana Putcha Also directs: L R Educational Services LLP, Maia Financial Services Private Limited, Putcha Properties Private Limited and 5 more | Director | 21 Mar 2012 | 14 Years 6 Months | Current |
| Ramana Venkata Putcha Also directs: L R Educational Services LLP, Elite Recreations and Resorts Pvt Ltd, Maia Financial Services Private Limited and 5 more | Director | 21 Mar 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Itm Edutech Training Private 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 Itm Edutech Training Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2021 | Others | ₹10 Cr | Open |
| 08 Jun 2021 | Lakshmi Vilas Bank Limited | ₹10 Lakh | Satisfied |
| 21 Nov 2019 | Lakshmi Vilas Bank Limited | ₹1 Lakh | Satisfied |
| 19 Aug 2019 | Lakshmi Vilas Bank Limited | ₹50,000 | Satisfied |
| 20 Jan 2016 | Others | ₹19.5 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Itm Edutech Training Private Limited
Itm Edutech Training Private Limited has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in August 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Rights issue | ₹1.1 Cr | Investors: Itm Edutech (India) Limited |
| Dec 2015 | Rights issue | ₹3.9 Cr | Investors: Itm Edutech (India) Limited |
| Mar 2013 | Funding round | ₹19 Lakh | Investors: Itm Edutech (India) Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Itm Edutech Training Private Limited
Itm Edutech Training operates one associated brand: ITM Group of Institutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Undergraduate and postgraduate management programs are offered at the college. | itm.edu |
Employees and EPFO Compliance at Itm Edutech Training Private Limited
Employment history and EPFO contributions of people linked to Itm Edutech Training.
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.
Recent Activity on Itm Edutech Training Private Limited
Itm Edutech Training Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Ashish Agarwal ceased to be Director on 11 Apr 2022.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Itm Edutech Training Private 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 Itm Edutech Training Private 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 Itm Edutech Training Private 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.
GST Compliance of Itm Edutech Training Private Limited
Itm Edutech Training has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI8889C1Z7 | Maharashtra | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Itm Edutech Training Private 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.
Frequently Asked Questions about Itm Edutech Training Private Limited
Itm Edutech Training is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 21 March 2012 (14+ years old) and is registered under CIN U80904MH2012PTC228543.
Itm Edutech Training reported revenue of ₹8.59 Cr for FY 2024 (down 3% YoY).
Itm Edutech Training has 3 current directors:
- Nitin Venkata Putcha - Director
- Lalitha Ramana Putcha - Director
- Ramana Venkata Putcha - Director
Itm Edutech Training reported a net loss of ₹2.38 Cr (net margin -27.7%) and EBITDA of -₹76.99 Lakh (EBITDA margin -9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Itm Edutech Training is 18% over three years and -15% over five years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Itm Edutech Training is 27AACCI8889C1Z7, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Itm Edutech Training is U80904MH2012PTC228543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itm Edutech Training was incorporated on 21 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Itm Edutech Training has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in August 2017.
The peers of Itm Edutech Training by revenue are Gem Learning Services Private Limited, Western India Institute of Aeronautics Private Limited, G.A. Future Educore Private Limited, Marg Business Transformation Private Limited, Wall Street School Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Ashish Agarwal ceased to be Director on 11 Apr 2022. Jeevan Mahaldar ceased to be Director on 11 Apr 2022. Nitin Venkata Putcha ceased to be Additional Director on 30 Sep 2017. Itm Edutech Training has 10 board changes on record in total.