- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-09-0015121

Manthan Educational Solutions Private Limited
About Manthan Educational Solutions Private Limited
Data last updated:
Manthan Educational Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Isp India Limited. It operates in the edtech solutions segment of the education sector. It was incorporated on 16 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U80904AP2009PTC064403. Its GSTIN is 36AAGCM1325B1Z1 (Telangana).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Philip Rajan and Karan Issar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.81 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹10.49 Cr (net margin 30.1%) and EBITDA of ₹14.91 Cr (EBITDA margin 42.8%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 21% over five years.
The company has about 187 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Manthan Educational Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0015121). The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Manthan Educational Solutions Private Limited
Manthan Educational Solutions has one previous CIN (Corporate Identification Number): U80904TG2009PTC064403. The current CIN is U80904AP2009PTC064403, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80904AP2009PTC064403 | Current |
| U80904TG2009PTC064403 | Previous |
Recognitions & Rankings of Manthan Educational Solutions
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSkootr Managed Office – Block C Rmz Futura Situated At Plot No. 14 And 15 Survey 64 (P) Road 2 Hitech City Layout, Madhapur India, Hyderabad, Telangana, India – 500081
- 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 Manthan Educational Solutions Private Limited
The business activities of Manthan Educational Solutions 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 Manthan Educational Solutions Private Limited FY 2023 filings available
Manthan Educational Solutions Private Limited reported revenue of ₹34.81 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Manthan Educational Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 22% growth in the latest year. EBITDA fell 5% 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 Manthan Educational Solutions 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 | ₹14.91 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.49 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 Manthan Educational Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 30.1% | •••• | •••• | •••• | •••• |
| 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 Manthan Educational Solutions 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.
Board of Directors of Manthan Educational Solutions Private Limited
Manthan Educational Solutions has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Philip Rajan | Director | 03 Mar 2023 | 3 Years 7 Months | Current |
| Karan Issar | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
| Andrew David Nicol Also directs: St. Mary's Edumanagement Services Private Limited | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
Peer Comparison of Manthan Educational Solutions Private Limited
Manthan Educational Solutions Private Limited is compared with the companies closest to it by revenue in the Education industry (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 |
|---|---|---|---|---|---|---|
| Masterji.Ai Private Limited | ₹40.39 Cr (FY 2017) | •••• | •••• | -14.0% | •••• | Pune, Maharashtra, India |
| Shubhra Viraj Edutech Private Limited | ₹37.92 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Edutech India Private Limited | ₹37.48 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
| Ideal Experiential Learning Private Limited | ₹36.91 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Ahmedabad, Gujarat, India |
| Additional Skill Acquisition Programme Kerala | ₹36.01 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Thiruvananthapuram, Kerala, India |
| Manthan Educational Solutions Private Limited this company | ₹34.81 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Hyderabad, Telangana, India |
| Pineham Learning and Technology Solutions Private Limited | ₹34.72 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Incanus Technologies Private Limited | ₹31.88 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
| Magic Cube Limited | ₹31.25 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Birpur, Gujarat, India |
| Veranda K-12 Learning Solutions Private Limited | ₹30.99 Cr (FY 2025) | •••• | •••• | 216.0% | •••• | Chennai, Tamil Nadu, India |
| Graphy Labs Private Limited | ₹30.24 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Manthan Educational Solutions by revenue in the Education industry (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 Manthan Educational Solutions Private Limited
Manthan Educational Solutions Private Limited is audited by Manohar Chowdhry & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manohar Chowdhry & Associates | 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.
Ownership and Shareholding of Manthan Educational Solutions 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 Manthan Educational Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 May 2015 | Canara Bank | ₹2.6 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Manthan Educational Solutions Private Limited
Manthan Educational Solutions Private Limited has 1 court case on record: 1 filed by Manthan Educational Solutions. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against Assistant Commissioner of State Tax | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Manthan Educational Solutions Private Limited
Manthan Educational Solutions Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 41 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| R&A Associates | •••• | •••• | •••• |
| Sridhanalakshmi Auto Agencies Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 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 Manthan Educational Solutions Private Limited
Manthan Educational Solutions Private Limited has a workforce of 187 employees as of Apr 06, 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 Manthan Educational Solutions Private Limited
Manthan Educational Solutions Private Limited has 12 board changes on record since 2013: 3 appointments and 9 cessations. The latest: Philip Rajan ceased to be Additional Director on 29 Sep 2023.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Manthan Educational Solutions 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 Manthan Educational Solutions 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 Manthan Educational Solutions Private Limited
Manthan Educational Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCM1325B1Z1 | Telangana | 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 Manthan Educational Solutions 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 Manthan Educational Solutions Private Limited
Manthan Educational Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in edtech solutions, within the education industry. It was incorporated on 16 July 2009 (17+ years old) and is registered under CIN U80904AP2009PTC064403.
Manthan Educational Solutions reported revenue of ₹34.81 Cr for FY 2024 (up 22% YoY).
Manthan Educational Solutions has 3 current directors:
- Philip Rajan - Director
- Karan Issar - Director
- Andrew David Nicol - Director
Manthan Educational Solutions reported a net profit of ₹10.49 Cr (net margin 30.1%) and EBITDA of ₹14.91 Cr (EBITDA margin 42.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Manthan Educational Solutions is 43% over three years and 21% over five years. In the latest year (FY 2024) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Manthan Educational Solutions is 36AAGCM1325B1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of Manthan Educational Solutions is U80904AP2009PTC064403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manthan Educational Solutions has 1 court case on record: 1 filed by the company.
Manthan Educational Solutions was incorporated on 16 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Manthan Educational Solutions by revenue are Masterji.Ai Private Limited, Shubhra Viraj Edutech Private Limited, Edutech India Private Limited, Ideal Experiential Learning Private Limited, Additional Skill Acquisition Programme Kerala and 5 more, all in the Education industry (Education Technology).
Philip Rajan ceased to be Additional Director on 29 Sep 2023. Philip Rajan was appointed as Director on 03 Mar 2023. Andrew David Nicol was appointed as Director on 15 Dec 2022. Manthan Educational Solutions has 12 board changes on record in total.
Yes, Manthan Educational Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TS-09-0015121).