About Learning Squared Education Private Limited
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Learning Squared Education Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Learning Squared Inc and recognised as a startup by DPIIT. It operates in the edtech solutions segment of the education sector. It was incorporated on 20 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80901MH2019FTC329472. Its GSTIN is 27ABCCS5205K1ZA (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Andrew George Butler and Ramani S Namboodiri.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.44 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹33.68 Lakh (net margin 2.7%) and EBITDA of ₹1.37 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 498% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website squarepanda.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 605 Kanakia Wall Street, Andheri – Kurla Road Chakala Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryEducation, EdTech Solutions
- 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 Learning Squared Education Private Limited
The main business activity of Learning Squared Education is education. In detail, this covers primary & secondary education services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services | 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 Learning Squared Education Private Limited FY 2025 filings available
Learning Squared Education Private Limited reported revenue of ₹12.44 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Learning Squared Education Private Limited
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 498%. EBITDA rose 30% 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 Learning Squared Education Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.68 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 of Learning Squared Education Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Learning Squared Education are in the company report.
Financial statements from FY 2020
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 Learning Squared Education Private Limited
Learning Squared Education Private Limited is compared with the companies closest to it by revenue in the Education industry (Education, Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ppyrus India Private Limited | ₹12.66 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Chennai, Tamil Nadu, India |
| Fintree Education Private Limited | ₹12.62 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| 1729 Acharya Academy Private Limited | ₹12.62 Cr (FY 2024) | •••• | •••• | 85.0% | •••• | Pune, Maharashtra, India |
| Gyanlive Education Private Limited | ₹12.59 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Gandhinagar, Gujarat, India |
| A N P Technologies Limited | ₹12.5 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Jodhpur, Rajasthan, India |
| Learning Squared Education Private Limited this company | ₹12.44 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Vidhyoday Education Private Limited | ₹12.4 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Indore, Madhya Pradesh, India |
| Synthesys Solutions Private Limited | ₹12.39 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
| I Dream Education Private Limited | ₹12.38 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Panchkula, Haryana, India |
| Iib Education Private Limited | ₹12.24 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Thrissur, Kerala, India |
| Easyvisa Education Consultants Private Limited | ₹12.21 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Learning Squared Education by revenue in the Education industry (Education, Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Learning Squared Education Private Limited
Learning Squared Education Private Limited is audited by Ashar & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashar & Co | 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 Learning Squared Education Private Limited
Learning Squared Education 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 |
|---|---|---|---|---|
| Ramani S Namboodiri | Additional Director | 05 Nov 2025 | 0 Years 11 Months | Current |
| Andrew George Butler Also directs: Square Panda India LLP | Director | 20 Aug 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Learning Squared Education 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 Learning Squared Education Private Limited
Learning Squared Education Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Learning Squared Education Private Limited
Learning Squared Education Private Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 31 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Statcomp Technology Private Limited | •••• | •••• | •••• |
| Moodle India Information Solutions Private Limited | •••• | •••• | •••• |
| Ashar & Co. | •••• | •••• | •••• |
| Primus Partners Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Learning Squared Education Private Limited
Learning Squared Education Private Limited has a workforce of 37 employees as of Apr 05, 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.
Recent Activity on Learning Squared Education Private Limited
Learning Squared Education Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Ashish Jhalani ceased to be Director on 06 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Learning Squared Education 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.
Subsidiaries & Group Companies of Learning Squared Education 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 Learning Squared Education Private Limited
Learning Squared Education has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS5205K1ZA | Maharashtra | Active | 15 Nov 2019 |
| 22ABCCS5205K1ZK | Chattisgarh | Active | 15 Dec 2021 |
| 08ABCCS5205K1ZA | Rajasthan | Active | 07 Mar 2022 |
| 24ABCCS5205K1ZG | Gujarat | Active | 26 May 2023 |
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 Learning Squared Education 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 Learning Squared Education Private Limited
Learning Squared Education is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in edtech solutions, within the education industry. It was incorporated on 20 August 2019 (7+ years old) and is registered under CIN U80901MH2019FTC329472.
Learning Squared Education reported revenue of ₹12.44 Cr for FY 2025 (down 50% YoY).
Learning Squared Education has 2 current directors:
- Ramani S Namboodiri - Additional Director
- Andrew George Butler - Director
Learning Squared Education reported a net profit of ₹33.68 Lakh (net margin 2.7%) and EBITDA of ₹1.37 Cr (EBITDA margin 11%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Learning Squared Education is 12% over three years and 498% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Learning Squared Education is 27ABCCS5205K1ZA, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 22ABCCS5205K1ZK (Chattisgarh), 08ABCCS5205K1ZA (Rajasthan), 24ABCCS5205K1ZG (Gujarat).
The CIN (Corporate Identification Number) of Learning Squared Education is U80901MH2019FTC329472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Learning Squared Education was incorporated on 20 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Learning Squared Education by revenue are Ppyrus India Private Limited, Fintree Education Private Limited, 1729 Acharya Academy Private Limited, Gyanlive Education Private Limited, A N P Technologies Limited and 5 more, all in the Education industry (Education, Education Technology).
Ashish Jhalani ceased to be Director on 06 Nov 2025. Ramani S Namboodiri was appointed as Additional Director on 05 Nov 2025. Andrew George Butler was appointed as Director on 20 Aug 2019.
Yes, Learning Squared Education is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Learning Squared Education has 5 MSME Form 1 returns on record between 2021 and 2024, listing 31 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2024.