Spoorthy Education Services Private Limited

Spoorthy Education Services Private Limited - education in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2003PTC032190 Incorporated 02 July 2003 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company education
Data last updated
Revenue · FY 2020
₹1.92 Cr
▼ 33% YoY
Net profit · FY 2020
₹5.74 Lakh
Net margin 3%
EBITDA · FY 2020
₹18.15 Lakh
EBITDA margin 9.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.77 Lakh
Issued & subscribed
Open charges
₹79.5 Lakh
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
18
Provident fund records

About Spoorthy Education Services Private Limited

Data last updated:

Spoorthy Education Services Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 02 July 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC032190. Its GSTIN is 29AAHCS3155L1ZW (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.77 Lakh. It is led by directors Suresh Gumagodu Manjunatha Bhat and Gumagodu Manjunatha Bhat Umesh.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 1252/8 Ground Floor I Cross Pm Lakshmaiah Layout Govindarajanagar, Bengaluru, Karnataka, India – 560040.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.92 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹5.74 Lakh (net margin 3%) and EBITDA of ₹18.15 Lakh (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.

The company has about 18 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹79.5 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spoorthyedu.com.

Company Details of Spoorthy Education Services Private Limited
CIN U72900KA2003PTC032190
Registration Number 032190
Incorporation Date 02 July 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Key People
Suresh Gumagodu Manjunatha Bhat Director Gumagodu Manjunatha Bhat Umesh Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    spoorthyedu.com
  • Social Media
    Locked
  • Registered Address
    1252/8 Ground Floor I Cross Pm Lakshmaiah Layout Govindarajanagar, Bengaluru, Karnataka, India – 560040
  • Industry
    Education, Office & School Supplies, K-12 & Higher Education Institutions
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Financials, compliance, directors, charges, ownership and filings for Spoorthy Education Services Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Spoorthy Education Services Private Limited

The business activities of Spoorthy Education Services are registered with the MCA. The activity codes are listed below.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LockedLockedP4LockedLocked
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Auditor Details of Spoorthy Education Services Private Limited

Spoorthy Education Services Private Limited is audited by PRABHATH P BHAT & CO for the financial year 2019.

NameStatusAppointment DateCessation Date
PRABHATH P BHAT & COLockedLockedLocked
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Board of Directors of Spoorthy Education Services Private Limited

Spoorthy Education Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh Gumagodu Manjunatha BhatDirector10 Jan 20188 Years 8 MonthsCurrent
Gumagodu Manjunatha Bhat UmeshDirector02 Jul 200323 Years 3 MonthsCurrent
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Financials of Spoorthy Education Services Private Limited FY 2020 filings available

Spoorthy Education Services Private Limited reported revenue of ₹1.92 Cr (down 33% YoY) for FY 2020.

Revenue · FY 2020
₹1.92 Cr ▼ 33%
Net profit · FY 2020
₹5.74 Lakh margin 3%
EBITDA · FY 2020
₹18.15 Lakh margin 9.4%

Compounded Annual Growth Rate (CAGR) of Spoorthy Education Services Private Limited

Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 11%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 13%
5 years · compounded
▼ 3%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 33% fall in the latest year. EBITDA fell 13% 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 Spoorthy Education Services Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹1.92 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹18.15 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹5.74 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 Spoorthy Education Services Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin9.4%••••••••••••••••
Net Profit Margin3%••••••••••••••••
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 Spoorthy Education Services are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Spoorthy Education Services Private Limited

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Charges & Borrowings of Spoorthy Education Services Private Limited

Open charges
₹79.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Syndicate Bank₹0.80 Cr
Latest charge details
DateLenderAmountStatus
07 Oct 2014Syndicate Bank₹40 LakhOpen
31 Mar 2011Syndicate Bank₹26 LakhOpen
09 Apr 2009Syndicate Bank₹10 LakhOpen
14 Aug 2006Syndicate Bank₹3.5 LakhOpen

Total charge records: 4 View all charges

Employees and EPFO Compliance at Spoorthy Education Services Private Limited

Spoorthy Education Services Private Limited has a workforce of 18 employees as of Apr 08, 2024.

Employee count
18
Active EPFO establishments
1
Employee growth
28.57%
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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Spoorthy Education Services Private Limited

Spoorthy Education Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCS3155L1ZWKarnatakaActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Spoorthy Education Services Private Limited

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MSME Payment Delays by Spoorthy Education Services Private Limited

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Subsidiaries & Group Companies of Spoorthy Education Services Private Limited

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MCA Filings & Documents of Spoorthy Education Services Private Limited

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Recent Activity on Spoorthy Education Services Private Limited

Activity
30 Dec 2020
Spoorthy Education Services Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Activity
31 Mar 2020
Spoorthy Education Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Directors
10 Jan 2018
Suresh Gumagodu Manjunatha Bhat was appointed as a Director on 10 Jan 2018 & has been associated with this company since 8 years 8 months.
Charges
07 Oct 2014
A charge with Syndicate Bank amounted to Rs. 40.00 Lakh with Charge ID 10537261 was registered on 07 Oct 2014.
Charges
31 Mar 2011
A charge with Syndicate Bank amounted to Rs. 26.00 Lakh with Charge ID 10282000 was registered on 31 Mar 2011.
Charges
09 Apr 2009
A charge with Syndicate Bank amounted to Rs. 10.00 Lakh with Charge ID 10159000 was registered on 09 Apr 2009.

Frequently Asked Questions about Spoorthy Education Services Private Limited

Spoorthy Education Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in office and school supplies, within the education industry. It was incorporated on 02 July 2003 (23+ years old) and is registered under CIN U72900KA2003PTC032190.

Spoorthy Education Services reported revenue of ₹1.92 Cr for FY 2020 (down 33% YoY).

Spoorthy Education Services has 2 current directors:

Spoorthy Education Services reported a net profit of ₹5.74 Lakh (net margin 3%) and EBITDA of ₹18.15 Lakh (EBITDA margin 9.4%) for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Spoorthy Education Services is -11% over three years and -9% over five years. In the latest year (FY 2020) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Spoorthy Education Services is 29AAHCS3155L1ZW, registered in Karnataka.

The CIN (Corporate Identification Number) of Spoorthy Education Services is U72900KA2003PTC032190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Spoorthy Education Services was incorporated on 02 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

Spoorthy Education Services can be reached through the website spoorthyedu.com. Its registered office is in Bengaluru, Karnataka, India.

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