Scholars Educational Academy Private Limited
About Scholars Educational Academy Private Limited
Data last updated:
Scholars Educational Academy Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the k-12 and higher education institutions segment of the education sector. It was incorporated on 28 September 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U80300MH2004PTC115557. Its GSTIN is 27AADCS4939G1Z5 (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.99 Lakh. It was led by directors Mrigank Chordia and Jyoti Chordiya.
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 was at Flat No 1603 A&B Bldg Oberoi Gardens II Oberoi Gardens Chs Ltd Kandivali (E), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.12 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹48.24 Lakh (net margin 42.9%) and EBITDA of ₹95.89 Lakh (EBITDA margin 85.4%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹107.25 Cr on record.
Company details
Contact details
Scholars Educational Academy Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 1603 A&B Bldg Oberoi Gardens II Oberoi Gardens Chs Ltd Kandivali (E), Mumbai, Maharashtra, India – 400101
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Scholars Educational Academy Private Limited, buy the company report.
- 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
Business activity
The main business activity of Scholars Educational Academy is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Scholars Educational Academy Private Limited, buy the company report.
Financials of Scholars Educational Academy Private Limited
FY 2024 filings availableScholars Educational Academy Private Limited reported revenue of ₹1.12 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 14% growth in the latest year. EBITDA rose 68% 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 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 | ₹95.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.24 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.4% | ||||
| Net Profit Margin | 42.9% | ||||
| 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 Scholars Educational Academy Private Limited, buy the company report.
Board of directors of Scholars Educational Academy Private Limited
Scholars Educational Academy has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mrigank Chordia | Director | 23 Mar 2019 | 7 Years 7 Months | As last reported |
| Jyoti Chordiya | Director | 01 Nov 2013 | 13 Years 0 Months | As last reported |
Auditor
Scholars Educational Academy Private Limited is audited by R KHANDELWAL &CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KHANDELWAL &CO. | FY 2022 | 403954 |
Shareholding
The shareholding of Scholars Educational Academy Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Scholars Educational Academy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2022 | 100607438 | Others | ₹4.55 Cr | Satisfied | |
| 27 Feb 2020 | 100337839 | Others | ₹4.03 Cr | Satisfied | |
| 13 Jun 2016 | 100032561 | Others | ₹3 Cr | Satisfied | |
| 17 Oct 2015 | 10597560 | Bank of Baroda | ₹3 Cr | Satisfied | |
| 26 Mar 2015 | 10557679 | Bank of Baroda | ₹3 Cr | Satisfied |
To see the full charge records of Scholars Educational Academy Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Scholars Educational Academy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Scholars Educational Academy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Scholars Educational Academy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS4939G1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Scholars Educational Academy Private Limited, buy the company report.
Recent activity
Scholars Educational Academy Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Mrigank Chordia ceased to be Additional Director on 29 Jul 2019.
20 earlier events are in the company report.
Frequently asked questions
Scholars Educational Academy has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Scholars Educational Academy was a private limited company based in Mumbai, Maharashtra, India. The company worked in k-12 and higher education institutions, within the education industry. It was incorporated on 28 September 2004 and is registered under CIN U80300MH2004PTC115557. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Scholars Educational Academy is U80300MH2004PTC115557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scholars Educational Academy had 2 directors:
- Mrigank Chordia - Director
- Jyoti Chordiya - Director
Scholars Educational Academy was incorporated on 28 September 2004. It is registered with the Registrar of Companies, Mumbai.
The registered office of Scholars Educational Academy is at Flat No 1603 A&B Bldg Oberoi Gardens II Oberoi Gardens Chs Ltd Kandivali E, Mumbai, Maharashtra, India – 400101.
The latest financial statements of Scholars Educational Academy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Scholars Educational Academy is 27AADCS4939G1Z5, registered in Maharashtra.
Scholars Educational Academy operated in the education industry, in the k-12 and higher education institutions segment.
Mrigank Chordia ceased to be Additional Director on 29 Jul 2019. Naveen Chordiya ceased to be Director on 25 Mar 2019. Mrigank Chordia was appointed as Director on 23 Mar 2019. Scholars Educational Academy has 8 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
