Navneet Education Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 45.24 Cr
- Company Age 40 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 500.00 Cr
- Satisfied Charges ₹ 306.81 Cr
- Revenue Growth 32.20%
- Profit Growth 137.90%
- Ebitda 52.84%
- Net Worth 8.50%
- Total Assets 11.54%
About Navneet Education
Navneet Education Limited (NEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 September 1984 and has a history of 40 years and five months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 508989 and on the National Stock Exchange(NSE) under NAVNETEDUL.
The Corporate was formerly known as Bookwing Publications &Trading Company Limited. The Company is engaged in the Education Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 45.24 Cr.
The company currently has active open charges totaling ₹500.00 Cr. The company has closed loans amounting to ₹306.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Navneet Education Limited India are Amit Buch as COMPANY SECRETARY and Kalpesh Dedhia as Cfo. Kamlesh Vikamsey, Anil Gala, Gnanesh Gala, and Eight other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L22200MH1984PLC034055
- Company No.
034055
- Stock Symbol
BSE : 508989 NSE : NAVNETEDUL
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Sep 1984
- Date of AGM
20 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Navneet Education Limited offer?
Navneet Education Limited offers a wide range of products and services, including Kids Fiction & Entertainment Books, School Book.
Who are the key members and board of directors at Navneet Education?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gnanesh Gala  | Managing Director | 01-Jun-2013 | Current |
| Raju Gala | Managing Director | 01-Jun-2013 | Current |
| Amit Buch | Company Secretary | 04-Jun-2007 | Current |
| Kalpesh Dedhia | CFO | 01-Feb-2022 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemal Patel  | Director | 22-May-2024 | Current |
| Drushti Desai | Director | 22-May-2024 | Current |
| Kamlesh Vikamsey | Director | 30-May-1992 | Current |
| Anil Gala | Whole-Time Director | 01-Jun-2013 | Current |
| Shailendra Gala | Whole-Time Director | 01-Jun-2013 | Current |
| Nirma Bhandari | Director | 22-May-2024 | Current |
Financial Performance of Navneet Education.
Navneet Education Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.2% increase. The company also saw a substantial improvement in profitability, with a 137.9% increase in profit. The company's net worth moved up by a moderate rise of 8.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Navneet Education?
In 2022, Navneet Education had a promoter holding of 63.31% and a public holding of 36.68%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Intech Organics LimitedAnil Swarup is a mutual person
Chemfab Alkalis LimitedDrushti Desai is a mutual person
K12 Techno Services Private LimitedGnanesh Gala is a mutual person
Navneet Futuretech LimitedAnil Gala, Gnanesh Gala and 1 more are mutual person
Nuvama Wealth Management LimitedKamlesh Vikamsey is a mutual person
- Nuvama Wealth And Investment Limited
Kamlesh Vikamsey is a mutual person
Charges (Loans)
₹500.00 Cr
₹306.81 Cr
Charges Breakdown by Lending Institutions
- Il & Fs Trust Company Limited : 500.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2014 | Il & Fs Trust Company Limited | ₹500.00 Cr | Open |
| 09 Oct 2007 | Dbs Bank Ltd | ₹16.85 Cr | Satisfied |
| 26 May 2005 | Icici Bank Limited | ₹192.00 Cr | Satisfied |
| 20 Jan 2003 | Bnp Paribas | ₹20.00 Cr | Satisfied |
| 01 Jan 2003 | Bank Of India | ₹72.00 Cr | Satisfied |
How Many Employees Work at Navneet Education?
Navneet Education has a workforce of 3332 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Navneet Education, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Navneet Education's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
