Vikalp Edutech Foundation
About Vikalp Edutech Foundation
Data last updated:
Vikalp Edutech Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It operates in the cultural and other education segment of the education and learning sector. It was incorporated on 20 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80903GJ2013NPL073635. Its GSTIN is 24AAECV3555A1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chanakya Harishbhai Patel and Bhavisha Pravin Ajudiya.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 203 Aarohi Complex Nr.Rasrajan Restaurant Vijay Char Rasta Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.81 Lakh, a decline of 11% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address203 Aarohi Complex Nr.Rasrajan Restaurant Vijay Char Rasta Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryEducation & Learing, Cultural And Other Education, Recreation, Sports
- 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 Vikalp Edutech Foundation
The main business activity of Vikalp Edutech Foundation is education. In detail, this covers sports, recreation, cultural and other education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other 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 Vikalp Edutech Foundation FY 2021 filings available
Vikalp Edutech Foundation reported revenue of ₹4.81 Lakh (down 11% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Vikalp Edutech Foundation
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. 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 Vikalp Edutech Foundation
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Vikalp Edutech Foundation
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Vikalp Edutech Foundation 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 Vikalp Edutech Foundation
Vikalp Edutech Foundation is compared with the companies closest to it by revenue in the same principal business activity (Sports, recreation, cultural and other education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Number One Training Academy Private Limited | ₹4.89 Lakh (FY 2019) | •••• | •••• | -32.0% | •••• | Pune, Maharashtra, India |
| Takniki Shiksha Vidhaan Council | ₹4.88 Lakh (FY 2024) | •••• | •••• | 425.0% | •••• | New Delhi, Delhi, India |
| Ugna Social Work Foundation | ₹4.83 Lakh (FY 2025) | •••• | •••• | 87.0% | •••• | Sitamarhi, Bihar, India |
| Ten10 Racing India Private Limited | ₹4.82 Lakh (FY 2021) | •••• | •••• | -97.0% | •••• | Bangalore, Karnataka, India |
| Pinkball Cricket Federation (India) | ₹4.82 Lakh (FY 2019) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Vikalp Edutech Foundation this company | ₹4.81 Lakh (FY 2021) | •••• | •••• | -11.0% | •••• | Ahmedabad, Gujarat, India |
| Kaladhar Mahavidyalaya Private Limited | ₹4.78 Lakh (FY 2023) | •••• | •••• | •••• | Tugalpura, Uttar Pradesh, India | |
| Next Skills and Innovations Private Limited | ₹4.76 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Contrivance Droid Private Limited | ₹4.75 Lakh (FY 2019) | •••• | •••• | •••• | Agra, Uttar Pradesh, India | |
| Artwist Academy Private Limited | ₹4.74 Lakh (FY 2021) | •••• | •••• | -82.0% | •••• | Bangalore, Karnataka, India |
| Sanmitr Sociocare Private Limited | ₹4.72 Lakh (FY 2022) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Vikalp Edutech Foundation by revenue in the same principal business activity (Sports, recreation, cultural and other education), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vikalp Edutech Foundation
Vikalp Edutech Foundation is audited by A B KANABAR & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A B KANABAR & CO | 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 Vikalp Edutech Foundation
Vikalp Edutech Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanakya Harishbhai Patel | Director | 20 Feb 2013 | 13 Years 7 Months | Current |
| Bhavisha Pravin Ajudiya | Director | 20 Feb 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Vikalp Edutech Foundation
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 Vikalp Edutech Foundation
Vikalp Edutech Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vikalp Edutech Foundation
Employment history and EPFO contributions of people linked to Vikalp Edutech Foundation.
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 Vikalp Edutech Foundation
Vikalp Edutech Foundation has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Pravin Thakarshibhai Ajudiya ceased to be Director on 17 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Vikalp Edutech Foundation
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 Vikalp Edutech Foundation
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 Vikalp Edutech Foundation
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 Vikalp Edutech Foundation
Vikalp Edutech Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV3555A1ZP | Gujarat | Active | 17 Aug 2019 |
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 Vikalp Edutech Foundation
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 Vikalp Edutech Foundation
Vikalp Edutech Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in cultural and other education, within the education and learning industry. It was incorporated on 20 February 2013 (13+ years old) and is registered under CIN U80903GJ2013NPL073635.
Vikalp Edutech Foundation reported revenue of ₹4.81 Lakh for FY 2021 (down 11% YoY).
Vikalp Edutech Foundation has 2 current directors:
- Chanakya Harishbhai Patel - Director
- Bhavisha Pravin Ajudiya - Director
The compounded annual growth rate (CAGR) of the revenue of Vikalp Edutech Foundation is -30% over three years and 42% over five years. In the latest year (FY 2021) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vikalp Edutech Foundation is 24AAECV3555A1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Vikalp Edutech Foundation is U80903GJ2013NPL073635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikalp Edutech Foundation was incorporated on 20 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vikalp Edutech Foundation by revenue are Number One Training Academy Private Limited, Takniki Shiksha Vidhaan Council, Ugna Social Work Foundation, Ten10 Racing India Private Limited, Pinkball Cricket Federation (India) and 5 more, all in the same principal business activity (Sports, recreation, cultural and other education).
Pravin Thakarshibhai Ajudiya ceased to be Director on 17 Sep 2018. Bhavisha Pravin Ajudiya was appointed as Director on 20 Feb 2013. Chanakya Harishbhai Patel was appointed as Director on 20 Feb 2013.
The registered office of Vikalp Edutech Foundation is at 203 Aarohi Complex Nr.Rasrajan Restaurant Vijay Char Rasta Navrangpura, Ahmedabad, Gujarat, India – 380009.
Vikalp Edutech Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.