MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0005808
Navneet Futuretech Limited - education in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.65 Cr
▲ 80% YoY
Net loss · FY 2025
₹5.32 Cr
Net margin -80%
EBITDA · FY 2025
-₹5.28 Cr
EBITDA margin -79.4%
Authorised capital
₹450 Cr
Registered with MCA
Paid-up capital
₹153.53 Cr
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
332
Provident fund records
Directors on board
6
As per MCA filings
About Navneet Futuretech Limited
Data last updated:
Navneet Futuretech Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Navneet Education Limited. It operates in the elearning and digital education segment of the education sector. It was incorporated on 24 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2008PLC181531. Its GSTIN is 27AACCN7509C1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹450 Cr and a paid-up capital of ₹153.53 Cr. It was formerly known as Esense Learning Limited and Navneet E-Learning Private Limited. It is led by directors including Gnanesh Dungarshi Gala (Managing Director) and Amitabh Sureshchandra Mehata.
Its last annual general meeting (AGM) was held on 29 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 ₹6.65 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹5.32 Cr (net margin -80%) and EBITDA of -₹5.28 Cr (EBITDA margin -79.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 20% over five years.
The company has about 332 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Navneet Toptech and BeMasterly. Court records list 2 cases involving the company, including 2 filed by the company. The company has 8 deals on record (3 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹90.64 Cr; the latest was in May 2022. The company has 6 MSME Form 1 returns on record between 2022 and 2023, listing 15 overdue payments to 8 micro and small suppliers.
Navneet Futuretech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0005808). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navneettoptech.com.
Company details
CIN U72200MH2008PLC181531
Registration Number 181531
Incorporation Date 24 April 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Navneet Education Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0005808
Name history
Navneet Futuretech has undergone 3 name changes throughout its history. The company was previously known as Esense Learning Limited, Navneet E-Learning Private Limited, and Esense Learning Private Limited. The current legal name is Navneet Futuretech Limited.
| Company Name | Status |
|---|---|
| Navneet Futuretech Limited | Current |
| Esense Learning Limited | Previous |
| Navneet E-Learning Private Limited | Previous |
| Esense Learning Private Limited | Previous |
CIN history
Navneet Futuretech has one previous CIN (Corporate Identification Number): U72200MH2008PTC181531. The current CIN is U72200MH2008PLC181531, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2008PLC181531 | Current |
| U72200MH2008PTC181531 | Previous |
Key People
Harshil Anil Gala Ceo Gnanesh Dungarshi Gala Managing Director Amitabh Sureshchandra Mehata Director Recognitions & Rankings of Navneet Futuretech
Contact details
Navneet Futuretech Limited's registered office is in Mumbai, Maharashtra. Its website is navneettoptech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1B Benefice Business House 1041 Mathuradas Mill Estate 126 N. M. Jos, Hi Marg, Mumbai, Maharashtra, India – 400013
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Navneet Futuretech Limited, buy the company report.
Comprehensive company report
Navneet Futuretech 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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Brands
Navneet Futuretech operates two associated brands: NAVNEET TOPTECH and BeMasterly. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers learning management systems and digital tools for Indian schools. | navneettoptech.com | |
| Online platform for tutors to manage classes, attendance, and student engagement. | bemasterly.com |
Business activity
The main business activities of Navneet Futuretech are information and communication and financial and insurance service. In detail, this covers other information & communication service activities and life/non-life insurance and reinsurance activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Navneet Futuretech Limited, buy the company report.
Financials of Navneet Futuretech Limited
FY 2025 filings availableNavneet Futuretech Limited reported revenue of ₹6.65 Cr (up 80% YoY) for FY 2025.
Revenue · FY 2025
₹6.65 Cr ▲ 80%
Net loss · FY 2025
₹5.32 Cr margin -80%
EBITDA · FY 2025
-₹5.28 Cr margin -79.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 80%
3 years · compounded
▼ 14%
5 years · compounded
▼ 20%
EBITDA CAGR growth
3 years · compounded
▲ 12%
5 years · compounded
▼ 57%
Revenue rose 80% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | -₹5.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.32 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -79.4% | ||||
| Net Profit Margin | -80% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Navneet Futuretech Limited, buy the company report.
Board of directors and KMP of Navneet Futuretech Limited
Navneet Futuretech Limited currently reports 5 directors and 1 key managerial person. 13 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshil Anil Gala | Ceo | 30 Sep 2016 | 10 Years 0 Months | Current |
| Amitabh Sureshchandra Mehata Also directs: Femtoloop LLP, Autowell Industries Private Limited, Stackmint Private Limited and 3 more | Director | 28 Jun 2017 | 9 Years 3 Months | Current |
| Anil Dungarshi Gala | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Vijay Bhalchandra Joshi | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Yasho Verdhan Verma | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Gnanesh Dungarshi Gala | Managing Director | 01 Aug 2022 | 4 Years 2 Months | Current |
Auditor
Navneet Futuretech Limited is audited by N. A. Shah Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. A. Shah Associates LLP | FY 2023 | 116560W/W100149 |
Shareholding
The shareholding of Navneet Futuretech Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Navneet Futuretech Limited, buy the company report.
Deals & funding
Navneet Futuretech Limited has 8 deals on record (3 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹90.64 Cr; the latest was in May 2022.
Total deals
8
Convertible or debt financings
3
Funding rounds
2
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹90.64 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Rights issue | ₹132.5 Cr | Investors: Navneet Education Limited |
| Nov 2021 | Funding round | ₹33.75 Cr | Investors: Navneet Education Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Navneet Education Limited , Navneet Education Limited & Sanjeev Jitendra Gala, Navneet Education Limited & Priti Gnanesh Gala Seller: 4 individuals |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Navneet Education Limited , 2 individuals Seller: 4 individuals |
| Feb 2009 | Funding round | ₹37.12 Cr | Investors: Navneet Education Limited , 2 individuals |
To see the full deal history of Navneet Futuretech 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
Navneet Futuretech Limited has 2 court cases on record: 2 filed by Navneet Futuretech. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Navneet Futuretech 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.
Credit ratings & regulatory alerts
Navneet Futuretech Limited was last rated by Care on 07 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Jan 2022 |
To see the full credit ratings and regulatory alerts of Navneet Futuretech Limited, buy the company report.
MSME payment delays
Navneet Futuretech Limited has 6 MSME Form 1 returns on record between 2022 and 2023, listing 15 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Meghart Colour Crafters | |||
| Exotel Techcom Private Limited |
To see the full MSME payment records of Navneet Futuretech Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Navneet Futuretech has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Genext Students Private Limited | U80302MH2011PTC251294 |
To see the full group structure of Navneet Futuretech Limited, buy the company report.
Employees & EPFO
Navneet Futuretech Limited has a workforce of 332 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
Employee count
332
Active EPFO establishments
2
Employee growth
-18.43%
GST
Navneet Futuretech has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN7509C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navneet Futuretech Limited, buy the company report.
Recent activity
Navneet Futuretech Limited has 28 board changes on record since 2008: 17 appointments and 11 cessations. The latest: Karan Khemka ceased to be Director on 27 Oct 2023.
AGM
Navneet Futuretech Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Navneet Futuretech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Karan Khemka ceased to be Director.
Ceased
Sanjeev Ramesh Shah ceased to be Managing Director.
Appointed
Gnanesh Dungarshi Gala was appointed as Managing Director.
Appointed
Karan Khemka was appointed as Director.
Ceased
Raju Harakhchand Gala ceased to be Managing Director.
Appointed
Sanjeev Ramesh Shah was appointed as Managing Director.
Ceased
Harshad Narsinhbhai Patel ceased to be Company Secretary.
Ceased
Deepak Lalit Kaku ceased to be CFO.
Appointed
Deepak Lalit Kaku was appointed as CFO.
Ceased
Amit Kalyanji Gala ceased to be CFO.
19 earlier events are in the company report.
News
Frequently asked questions
Navneet Futuretech is an active public limited company based in Mumbai, Maharashtra, India. The company works in elearning and digital education, within the education industry. It was incorporated on 24 April 2008 (18+ years old) and is registered under CIN U72200MH2008PLC181531.
Navneet Futuretech has 6 current directors and KMP:
- Gnanesh Dungarshi Gala - Managing Director
- Amitabh Sureshchandra Mehata - Director
- Anil Dungarshi Gala - Director
- Vijay Bhalchandra Joshi - Director
- Yasho Verdhan Verma - Director
- Harshil Anil Gala - Ceo
The latest financial statements of Navneet Futuretech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Navneet Futuretech is 27AACCN7509C1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Navneet Futuretech is U72200MH2008PLC181531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navneet Futuretech has 2 court cases on record: 2 filed by the company.
Navneet Futuretech was incorporated on 24 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Navneet Futuretech has 8 deals on record (3 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹90.64 Cr; the latest was in May 2022.
Karan Khemka ceased to be Director on 27 Oct 2023. Sanjeev Ramesh Shah ceased to be Managing Director on 31 Aug 2023. Gnanesh Dungarshi Gala was appointed as Managing Director on 01 Aug 2022. Navneet Futuretech has 28 board changes on record in total.
Yes, Navneet Futuretech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0005808).
Navneet Futuretech has 6 MSME Form 1 returns on record between 2022 and 2023, listing 15 overdue payments to 8 micro and small suppliers. The latest return was filed on 13 Oct 2023.