About William Carey Foundation
Data last updated:
William Carey Foundation is a private not for profit company based in Vadodara, Gujarat, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 07 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80902GJ2017NPL100062.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Anand Kumar Gupta and Soma Bhowmick.
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 Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.96 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Cr (net margin 44.3%) and EBITDA of ₹3.09 Cr (EBITDA margin 44.4%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 136% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website williamcareyindia.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address13 Shreeniketan Soc Opp Kc Pate Hospital Nr Jetalpur Bridge, Alkapuri, Vadodara, Gujarat, India – 390007
- 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 William Carey Foundation
The business activities of William Carey Foundation are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 William Carey Foundation FY 2024 filings available
William Carey Foundation reported revenue of ₹6.96 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of William Carey Foundation
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 136%. EBITDA fell 52% 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 William Carey Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.09 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.09 Cr | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of William Carey Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 44.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| 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 William Carey Foundation are in the company report.
Financial statements from FY 2018
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 William Carey Foundation
William Carey Foundation is compared with the companies closest to it by revenue in the Education industry (K12 and Higher 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 |
|---|---|---|---|---|---|---|
| Access Edutech Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bhopal, Madhya Pradesh, India |
| Iitb-Monash Research Academy | ₹7.29 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Mumbai, Maharashtra, India |
| Dewan Daulat Ram Education Foundation | ₹7.17 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Uttar Pradesh, India |
| Sa 3D Solutions Private Limited | ₹7.09 Cr (FY 2025) | •••• | •••• | •••• | Chennai City Corporation, Tamil Nadu, India | |
| Dr. Govindan's Hospital Private Limited | ₹7.06 Cr (FY 2025) | •••• | •••• | 158.0% | •••• | Thiruvananthapuram, Kerala, India |
| William Carey Foundation this company | ₹6.96 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Vadodara, Gujarat, India |
| Eca Global Education India Private Limited | ₹6.77 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Satellite Ahmedabad, Gujarat, India |
| K.P.Singh Education Services Private Limited | ₹6.66 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Borivali West, Maharashtra, India |
| Parbati Devi Memorial Foundation | ₹6.66 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Bhopat Ram Birla Shikshan Sansthan | ₹6.64 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Jodhpur, Rajasthan, India |
| Rav San Vik Foundation | ₹6.62 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below William Carey Foundation by revenue in the Education industry (K12 and Higher 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 William Carey Foundation
William Carey Foundation is audited by SHAH & AGRAWAL for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH & AGRAWAL | 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 William Carey Foundation
William Carey Foundation has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Kumar Gupta | Director | 31 May 2021 | 5 Years 4 Months | Current |
| Soma Bhowmick | Director | 31 May 2021 | 5 Years 4 Months | Current |
Ownership and Shareholding of William Carey 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 William Carey Foundation
William Carey Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at William Carey Foundation
Employment history and EPFO contributions of people linked to William Carey 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 William Carey Foundation
William Carey Foundation has 14 board changes on record since 2018: 2 appointments and 12 cessations. The latest: Showkathulla Mohamed Shariff ceased to be Director on 19 Oct 2021.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for William Carey 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 William Carey 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 William Carey 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 William Carey Foundation
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 William Carey 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 William Carey Foundation
William Carey Foundation is an active private not for profit company based in Vadodara, Gujarat, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 07 December 2017 (9+ years old) and is registered under CIN U80902GJ2017NPL100062.
William Carey Foundation reported revenue of ₹6.96 Cr for FY 2024 (down 13% YoY).
William Carey Foundation has 2 current directors:
- Anand Kumar Gupta - Director
- Soma Bhowmick - Director
William Carey Foundation reported a net profit of ₹3.09 Cr (net margin 44.3%) and EBITDA of ₹3.09 Cr (EBITDA margin 44.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of William Carey Foundation is 65% over three years and 136% over five years. In the latest year (FY 2024) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of William Carey Foundation is U80902GJ2017NPL100062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
William Carey Foundation was incorporated on 07 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of William Carey Foundation by revenue are Access Edutech Private Limited, Iitb-Monash Research Academy, Dewan Daulat Ram Education Foundation, Sa 3D Solutions Private Limited, Dr. Govindan's Hospital Private Limited and 5 more, all in the Education industry (K12 and Higher Education).
Showkathulla Mohamed Shariff ceased to be Director on 19 Oct 2021. Sukhpal Singh Whala ceased to be Director on 04 Oct 2021. Anand Kumar Gupta ceased to be Additional Director on 02 Sep 2021. William Carey Foundation has 14 board changes on record in total.
William Carey Foundation can be reached through the website williamcareyindia.org. Its registered office is in Vadodara, Gujarat, India.
The registered office of William Carey Foundation is at 13 Shreeniketan Soc Opp Kc Pate Hospital Nr Jetalpur Bridge, Alkapuri, Vadodara, Gujarat, India – 390007.