Specadel Technologies Private Limited - Due diligence report

A 360° intelligence report on Specadel: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…

2010-04-29 Bangalore, Karnataka Active Unlisted Active Compliant
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ST Specadel Technologies Private Limited
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Specadel — 360° Intelligence Report

Generated from MCA filings & public records
68/100
Trust Score
Moderate

Specadel is assessed as Moderate with a Trust Score of 68/100. Specadel is an active private limited indian non-government company incorporated in 2010, operating in the Education sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and high financial risk profile.

Report generated on 22 Jun 2026 from the latest processed filings. Specadel Technologies Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
68/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
67/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
80/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
50/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 80/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 67/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Delayed payments to MSME suppliers disclosed (1 disclosure(s)).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
BYJU RAVEENDRAN 01234567 Director 01/04/2018 6 yrs Approved
RIJU RAVINDRAN 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Think & Learn Private Limited
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Think & Learn Private Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 50
Growth signals & trust indicators
Operating for 16+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Statutory filings appear overdue.
MSME payment delays disclosed - latest outstanding 35,609.00.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence62/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view49/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 12 events
30 Sep 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
31 Mar 2019
Securities allotted
115600 Equity Shares - 11.56 cr raised
26 Feb 2018
Securities allotted
41500 Equity Shares - 4.15 cr raised
01 Jul 2017
Securities allotted
50000 Equity Shares - 5.00 cr raised
30 Sep 2015
Director ceased
BYJU RAVEENDRAN
Director ceased
RIJU RAVINDRAN
16 Feb 2015
Director ceased
HIRIYANNA SHASHI KIRAN
Director ceased
RAMYA BHASKAR
06 Feb 2015
Director appointed
BYJU RAVEENDRAN (Director)
Director appointed
RIJU RAVINDRAN (Director)
29 Apr 2010
Incorporated
Registered with Roc Bangalore
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Net worth is positive.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Elitech Consulting Private Limited U72200TG2005PTC045403 Hyderabad, Telangana, India
Pashubajaar U01403UP2014PTC064657 Lucknow, Uttar Pradesh, India
Britti Prosikshanprivate Limited U80301WB2011PTC161905 Kolkata, West Bengal, India
Eminence Innovative Skill Education Private Limited U80902MP2015PTC033831 Bhopal, Madhya Pradesh, India
Gubbachi Learning Community U85110KA2015NPL082708 Bangalore South, Karnataka, India
Plan Tree Strategies Private Limited U74999UP2018PTC105080 Gautan Budh Nagar, Uttar Pradesh, India
Constellar Consulting Private Limited U80900PN2019PTC182229 Pune, Maharashtra, India
Mobishaala U80903KA2017PTC107708 Bangalore, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Specadel before audits and certifications: compliance score 67/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Specadel: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 80/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Specadel - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 68/100, distress signals and MSME payment-delay disclosures - know whether Specadel pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Specadel - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Specadel an active company?

Specadel has MCA status “Active” with a compliance score of 67/100 (Moderate).

Is Specadel financially healthy?

Specadel has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Specadel?

Its overall Trust Score is 68/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Specadel?

The ultimate holding entity is Think & Learn Private Limited. 2 active director(s) are on record.

Does Specadel have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Specadel up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 67/100 (Moderate).

Is it risky to lend to Specadel?

Its Credit Risk Score is 80/100 (Low Risk). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.