About Procareer Educare Private Limited
Data last updated:
Procareer Educare Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 26 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U80903OR2003PTC007081. Its GSTIN is 21AACCP9905A1ZX (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors Alok Kumar Acharya and Sanjeev Sasmal.
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 Plot No.426/2260 2nd Floor Nb Tower, Nilakantha Nagar Nayapalli, Bhubaneswar, Orissa, India – 751012.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.65 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹23.42 Lakh (net margin -8.8%) and EBITDA of -₹21.06 Lakh (EBITDA margin -7.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website procareer.org.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.426/2260 2nd Floor Nb Tower, Nilakantha Nagar Nayapalli, Bhubaneswar, Orissa, India – 751012
- IndustryEducation, K-12 & Higher Education Institutions
- 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 Procareer Educare Private Limited
The main business activity of Procareer Educare is education. In detail, this covers higher education, technical & vocational education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education | 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 Procareer Educare Private Limited FY 2024 filings available
Procareer Educare Private Limited reported revenue of ₹2.65 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Procareer Educare Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 2% fall in the latest year. EBITDA fell 178% 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 Procareer Educare 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 | -₹21.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.42 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 Procareer Educare Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.8% | •••• | •••• | •••• | •••• |
| 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 Procareer Educare 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 Procareer Educare Private Limited
Procareer Educare Private Limited is compared with the companies closest to it by revenue in the Education industry (K12 and Higher Education). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infraschool Services Chintamani Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Rahul Education Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Eminent Career Development Link Institutions Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Modern Academy International | •••• | •••• | •••• | •••• | 26 | Kolkata, West Bengal, India |
| Panoramic Education Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Procareer Educare Private Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| CBS Education Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Raadha Education Private Limited | •••• | •••• | •••• | •••• | - | Agra, Uttar Pradesh, India |
| Nabosh Technologies Private Limited | •••• | •••• | •••• | •••• | 11 | Banglore, Karnataka, India |
| Equalsign Learning Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| CG Institute of Education Private Limited | •••• | •••• | •••• | •••• | - | Bilaspur, Chattisgarh, India |
Peers are the five companies nearest above and the five nearest below Procareer Educare by revenue in the Education industry (K12 and Higher Education), 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 Procareer Educare Private Limited
Procareer Educare Private Limited is audited by AMULYAKUMARTRIPATHY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMULYAKUMARTRIPATHY | 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 Procareer Educare Private Limited
Procareer Educare has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Kumar Acharya Also directs: Kalpabriksha Agro Ventures LLP, Sutra Consulting Private Limited | Director | 26 Feb 2003 | 23 Years 7 Months | Current |
| Sanjeev Sasmal Also directs: Sutra Consulting Private Limited | Director | 26 Feb 2003 | 23 Years 7 Months | Current |
Ownership and Shareholding of Procareer Educare 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 Procareer Educare Private Limited
Procareer Educare Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Procareer Educare Private Limited
Procareer Educare Private Limited has a workforce of 4 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 Procareer Educare Private Limited
Procareer Educare Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Alok Kumar Acharya was appointed as Director on 26 Feb 2003.
Credit Ratings, Litigation & Regulatory Alerts for Procareer Educare 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 Procareer Educare 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 Procareer Educare 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 Procareer Educare Private Limited
Procareer Educare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCP9905A1ZX | Odisha | 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 Procareer Educare 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 Procareer Educare Private Limited
Procareer Educare is an active private limited company based in Bhubaneswar, Orissa, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 26 February 2003 (23+ years old) and is registered under CIN U80903OR2003PTC007081.
Procareer Educare reported revenue of ₹2.65 Cr for FY 2024 (down 2% YoY).
Procareer Educare has 2 current directors:
- Alok Kumar Acharya - Director
- Sanjeev Sasmal - Director
Procareer Educare reported a net loss of ₹23.42 Lakh (net margin -8.8%) and EBITDA of -₹21.06 Lakh (EBITDA margin -7.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Procareer Educare is 11% over three years and -12% over five years. In the latest year (FY 2024) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Procareer Educare is 21AACCP9905A1ZX, registered in Odisha.
The CIN (Corporate Identification Number) of Procareer Educare is U80903OR2003PTC007081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Procareer Educare was incorporated on 26 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Procareer Educare by revenue are Infraschool Services Chintamani Private Limited, Rahul Education Private Limited, Eminent Career Development Link Institutions Private Limited, Modern Academy International, Panoramic Education Private Limited and 5 more, all in the Education industry (K12 and Higher Education).
Alok Kumar Acharya was appointed as Director on 26 Feb 2003. Sanjeev Sasmal was appointed as Director on 26 Feb 2003.
Procareer Educare can be reached through the website procareer.org. Its registered office is in Bhubaneswar, Orissa, India.