We Techshiksha Labs Private Limited

We Techshiksha Labs Private Limited - education in Ulwe, Maharashtra, India. FY 2026 financials & compliance.
CIN U73100MH2014PTC253998 Incorporated 08 March 2014 ROC Mumbai HQ Ulwe, Maharashtra, India
Active Private Limited Company education MSME · Micro
Data last updated
Revenue · FY 2024
₹3.41 Cr
▲ 67% YoY
Net loss · FY 2024
₹26.73 Lakh
Net margin -7.8%
EBITDA · FY 2024
-₹11.62 Lakh
EBITDA margin -3.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹7.6 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
4
As per MCA filings
Active GSTINs
6
GST registered

About We Techshiksha Labs Private Limited

Data last updated:

We Techshiksha Labs Private Limited is a private limited company based in Ulwe, Maharashtra, India. It operates in the elearning and digital education segment of the education sector. It was incorporated on 08 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2014PTC253998. Its GSTIN is 27AABCW5005F1ZM (Maharashtra). The company holds 6 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7.6 Lakh. It is led by directors including Amit Kumar Modi and Linsha Prakashan Thundikomath.

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 Flat No – 901 White Wings Plot No – 207 Sector – 23 Ulwe, Maharashtra, India – 410206.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.41 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹26.73 Lakh (net margin -7.8%) and EBITDA of -₹11.62 Lakh (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 47% over five years.

The company is associated with 1 brand: WitBlox. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in June 2022. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 15 overdue payments to 5 micro and small suppliers.

We Techshiksha Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0221218). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website witblox.com.

Company details

CIN U73100MH2014PTC253998
Registration Number 253998
Incorporation Date 08 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0221218

Recognitions & Rankings of We Techshiksha Labs

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-33-0221218

Contact details

We Techshiksha Labs Private Limited's registered office is in Ulwe, Maharashtra. Its website is witblox.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Flat No – 901 White Wings Plot No – 207 Sector – 23 Ulwe, Maharashtra, India – 410206
  • Industry
    Education, eLearning & Digital Education

To see the full contact details of We Techshiksha Labs Private Limited, buy the company report.

Comprehensive company report
We Techshiksha Labs Private Limited - 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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Brands

We Techshiksha Labs operates one associated brand: WitBlox. Each brand links to its own profile.

BrandDescriptionWebsite
DIY kits for children's robotics and engineering learning are provided.witblox.com

Business activity

The main business activity of We Techshiksha Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of We Techshiksha Labs Private Limited, buy the company report.

Financials of We Techshiksha Labs Private Limited

FY 2024 filings available

We Techshiksha Labs Private Limited reported revenue of ₹3.41 Cr (up 67% YoY) for FY 2024.

Revenue · FY 2024
₹3.41 Cr ▲ 67%
Net loss · FY 2024
₹26.73 Lakh margin -7.8%
EBITDA · FY 2024
-₹11.62 Lakh margin -3.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 41%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 36%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 67% growth in the latest year. EBITDA fell 41% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹11.62 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹26.73 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-3.4%
Net Profit Margin-7.8%
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

To see the full financial statements and ratios of We Techshiksha Labs Private Limited, buy the company report.

Board of directors of We Techshiksha Labs Private Limited

We Techshiksha Labs has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Kumar ModiDirector08 Mar 201412 Years 7 MonthsCurrent
Mikdad Merchant SaleemAdditional Director02 Apr 20215 Years 6 MonthsCurrent
Linsha Prakashan ThundikomathDirector07 Jul 20179 Years 3 MonthsCurrent
Ankita NidhiDirector07 Jul 20179 Years 3 MonthsCurrent

Auditor

We Techshiksha Labs Private Limited is audited by PUNIT PADALIA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PUNIT PADALIA & COFY 2023134534W

Shareholding

The shareholding of We Techshiksha Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of We Techshiksha Labs Private Limited, buy the company report.

Deals & funding

We Techshiksha Labs Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in June 2022.

Total deals
6
Funding rounds
5
Secondary share transfer
1
Disclosed funding
₹2.89 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Jun 2022Funding round₹58.7 LakhInvestors: Mumbai Angels, 3 individuals
Sep 2021Funding round₹75.2 LakhInvestors: JCurve, 3 individuals
Feb 2020Funding round · Seed₹67.6 LakhInvestors: Agrim Capital Advisors LLP , 3 individuals
Dec 2019Funding round · Seed₹62.5 LakhInvestors: 4 individuals
Mar 2019Secondary share transferUndisclosedBuyer: Choicest Enterprises Ltd
Seller: Likhani Commercial Company Limited

To see the full deal history of We Techshiksha Labs Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

We Techshiksha Labs Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 15 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 5)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of We Techshiksha Labs Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

We Techshiksha Labs has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
27AABCW5005F1ZMMaharashtraActive07 Sep 2017
29AABCW5005F1ZIKarnatakaActive09 Jul 2021
06AABCW5005F1ZQHaryanaActive09 Sep 2021
19AABCW5005F1ZJWest BengalActive19 Dec 2023

To see the full GST registrations and return filing status of We Techshiksha Labs Private Limited, buy the company report.

Recent activity

We Techshiksha Labs Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Ankit Arunkumar Tiwari ceased to be Director on 13 Feb 2023.

AGM
We Techshiksha Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
We Techshiksha Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Ankit Arunkumar Tiwari ceased to be Director.
Appointed
Mikdad Merchant Saleem was appointed as Additional Director.
Ceased
Rajesh Harish Gajjar ceased to be Director.
Ceased
Shailendra Mohan ceased to be Director.
Appointed
Ankita Nidhi was appointed as Director.
Appointed
Linsha Prakashan Thundikomath was appointed as Director.
Ceased
Abhishek Arjun Singh ceased to be Director.
Appointed
Amit Kumar Modi was appointed as Director.
Incorporation
08 Mar 2014
We Techshiksha Labs Private Limited was registered on 08 Mar 2014 with Roc Mumbai & aged 12 years 7 months as per MCA records.

Frequently asked questions

We Techshiksha Labs is an active private limited company based in Ulwe, Maharashtra, India. The company works in elearning and digital education, within the education industry. It was incorporated on 08 March 2014 (12+ years old) and is registered under CIN U73100MH2014PTC253998.

We Techshiksha Labs has 4 current directors:

The latest financial statements of We Techshiksha Labs 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 We Techshiksha Labs is 27AABCW5005F1ZM, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 29AABCW5005F1ZI (Karnataka), 06AABCW5005F1ZQ (Haryana), 19AABCW5005F1ZJ (West Bengal).

The CIN (Corporate Identification Number) of We Techshiksha Labs is U73100MH2014PTC253998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

We Techshiksha Labs was incorporated on 08 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

We Techshiksha Labs has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in June 2022.

Ankit Arunkumar Tiwari ceased to be Director on 13 Feb 2023. Mikdad Merchant Saleem was appointed as Additional Director on 02 Apr 2021. Rajesh Harish Gajjar ceased to be Director on 21 Jul 2017. We Techshiksha Labs has 8 board changes on record in total.

Yes, We Techshiksha Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0221218).

We Techshiksha Labs has 3 MSME Form 1 returns on record between 2019 and 2022, listing 15 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2022.

We Techshiksha Labs can be reached through the website witblox.com. Its registered office is in Ulwe, Maharashtra, India.