MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0332531
Oerc Academy - education in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2018
₹1.78 Cr
▼ 24% YoY
Net loss · FY 2018
₹2.19 Cr
Net margin -123%
EBITDA · FY 2018
-₹1.71 Cr
EBITDA margin -96.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹41.5 Lakh
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
7
Provident fund records
About Oerc Academy
Data last updated:
Oerc Academy is a public not for profit company based in Navi Mumbai, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 24 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91990MH2004NPL145290.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dipak Hemchandra Raut and Pradeep Kumar Chandna.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 902/903 9th Floor Akshar Blue Chip Corporate Park Belapur Rd Turbhe Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.78 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹2.19 Cr (net margin -123%) and EBITDA of -₹1.71 Cr (EBITDA margin -96.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Oerc Academy is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0332531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oercedu.com.
Company details
CIN U91990MH2004NPL145290
Registration Number 145290
Incorporation Date 24 March 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0332531
CIN history
Oerc Academy has one previous CIN (Corporate Identification Number): U91990MH2004GAT145290. The current CIN is U91990MH2004NPL145290, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U91990MH2004NPL145290 | Current |
| U91990MH2004GAT145290 | Previous |
Key People
Heena Jayant Padaya Additional Director Sunil Kumar Sharma Additional Director Dipak Hemchandra Raut Director Recognitions & Rankings of Oerc Academy
Contact details
Oerc Academy's registered office is in Navi Mumbai, Maharashtra. Its website is oercedu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address902/903 9th Floor Akshar Blue Chip Corporate Park Belapur Rd Turbhe Navi Mumbai, Maharashtra, India – 400705
- IndustryEducation, Corporate Training & Development
To see the full contact details of Oerc Academy, buy the company report.
Comprehensive company report
Oerc Academy - 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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Business activity
The main business activity of Oerc Academy is education. In detail, this covers sports, recreation, cultural and other education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of Oerc Academy, buy the company report.
Financials of Oerc Academy
FY 2018 filings availableOerc Academy reported revenue of ₹1.78 Cr (down 24% YoY) for FY 2018.
Revenue · FY 2018
₹1.78 Cr ▼ 24%
Net loss · FY 2018
₹2.19 Cr margin -123%
EBITDA · FY 2018
-₹1.71 Cr margin -96.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 294%
3 years · compounded
▼ 77%
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 24% fall in the latest year. EBITDA fell 294% 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 | ₹1.78 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.71 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.19 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -96.1% | |||
| Net Profit Margin | -123% | |||
| 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 Oerc Academy, buy the company report.
Board of directors of Oerc Academy
Oerc Academy has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Heena Jayant Padaya Also directs: Ocean Education and Research Centre Private Limited | Additional Director | 18 Jan 2019 | 7 Years 9 Months | Current |
| Sunil Kumar Sharma Also directs: Ocean Education and Research Centre Private Limited | Additional Director | 20 Sep 2021 | 5 Years 1 Months | Current |
| Dipak Hemchandra Raut | Director | 30 Apr 2010 | 16 Years 5 Months | Current |
| Pradeep Kumar Chandna | Director | 24 Mar 2004 | 22 Years 7 Months | Current |
Auditor
Oerc Academy is audited by ANAND DESAI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND DESAI & ASSOCIATES | FY 2018 | 133712W |
Shareholding
The shareholding of Oerc Academy 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 Oerc Academy, buy the company report.
Charges & borrowings
Open charges
₹41.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2017 | 100132425 | Indian Overseas Bank | ₹16.5 Lakh | Open | |
| 07 Mar 2017 | 100087149 | Others | ₹15 Lakh | Open | |
| 21 Dec 2012 | 10442579 | Union Bank of India | ₹10 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Oerc Academy has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by M/S Classic Infraventure LLP Through Prince Kumar Singh | Disposed |
To see the full case history of Oerc Academy, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oerc Academy; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Oerc Academy has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
GST
No GST registration is on our record for Oerc Academy; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Oerc Academy has 12 board changes on record since 2004: 4 appointments and 8 cessations. The latest: Nitish Tripathi ceased to be Additional Director on 20 Sep 2021.
Ceased
Nitish Tripathi ceased to be Additional Director.
Appointed
Sunil Kumar Sharma was appointed as Additional Director.
Ceased
Sushanta Mohan Mukherjee ceased to be Director.
Appointed
Heena Jayant Padaya was appointed as Additional Director.
AGM
Oerc Academy last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Oerc Academy has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai Ii.
Ceased
Asheesh Anand ceased to be Additional Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 16.50 Lakh with Charge ID 100132425 was registered on 13 Oct 2017.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100087149 was registered on 07 Mar 2017.
Charges
A charge with Union Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 10442579 was registered on 21 Dec 2012.
Appointed
Dipak Hemchandra Raut was appointed as Director.
Ceased
Asok Chattopadhyay ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Oerc Academy is an active public not for profit company based in Navi Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 24 March 2004 (22+ years old) and is registered under CIN U91990MH2004NPL145290.
Oerc Academy has 4 current directors:
- Heena Jayant Padaya - Additional Director
- Sunil Kumar Sharma - Additional Director
- Dipak Hemchandra Raut - Director
- Pradeep Kumar Chandna - Director
The latest financial statements of Oerc Academy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Oerc Academy is U91990MH2004NPL145290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oerc Academy has 1 court case on record: 1 filed against it.
Oerc Academy was incorporated on 24 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitish Tripathi ceased to be Additional Director on 20 Sep 2021. Sunil Kumar Sharma was appointed as Additional Director on 20 Sep 2021. Sushanta Mohan Mukherjee ceased to be Director on 27 Sep 2019. Oerc Academy has 12 board changes on record in total.
Yes, Oerc Academy is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0332531).
Oerc Academy can be reached through the website oercedu.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Oerc Academy is at 902903 9th Floor Akshar Blue Chip Corporate Park Belapur Rd Turbhe Navi Mumbai, Maharashtra, India – 400705.