Aic Ncore Developmental Impact Foundation

Aic Ncore Developmental Impact Foundation - education & learing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2018NPL113520 Incorporated 29 May 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Not For Profit Company education and learing
Revenue · FY 2025
₹4.6 Cr
▲ 43% YoY
Net loss · FY 2025
₹15.04 Lakh
Net margin -3.3%
EBITDA · FY 2025
₹39,446
EBITDA margin 0.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
15
Provident fund records
Directors on board
2
As per MCA filings

About Aic Ncore Developmental Impact Foundation

Data last updated:

Aic Ncore Developmental Impact Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 29 May 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018NPL113520.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Sourirajan John Paul and Amit Kumar Gupta.

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.6 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹15.04 Lakh (net margin -3.3%) and EBITDA of ₹39,446 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.

The company has about 15 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thenudge.org.

Company details

CIN U74999KA2018NPL113520
Registration Number 113520
Incorporation Date 29 May 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Aic Ncore Developmental Impact Foundation's registered office is in Bangalore, Karnataka. Its website is thenudge.org. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Ground And Mezzanine Floor, Rigel Building 15 – 19 Near Apj Abdul Enclave Doddanekudi Outer Ring Road, Bangalore, Karnataka, India – 560037
  • Industry
    Education & Learing, Educational Support Services

To see the full contact details of Aic Ncore Developmental Impact Foundation, buy the company report.

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Financials of Aic Ncore Developmental Impact Foundation

FY 2025 filings available

Aic Ncore Developmental Impact Foundation reported revenue of ₹4.6 Cr (up 43% YoY) for FY 2025.

Revenue · FY 2025
₹4.6 Cr ▲ 43%
Net loss · FY 2025
₹15.04 Lakh margin -3.3%
EBITDA · FY 2025
₹39,446 margin 0.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▼ 3%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 75%
5 years · compounded
▼ 69%

Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 94% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹39,446
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹15.04 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.1%
Net Profit Margin-3.3%
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
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Aic Ncore Developmental Impact Foundation, buy the company report.

Board of directors of Aic Ncore Developmental Impact Foundation

Aic Ncore Developmental Impact Foundation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sourirajan John PaulDirector08 Jun 20233 Years 5 MonthsCurrent
Amit Kumar GuptaDirector14 Mar 20242 Years 8 MonthsCurrent

Auditor

Aic Ncore Developmental Impact Foundation is audited by MISHRA & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
MISHRA & COFY 2019012355S

Shareholding

The shareholding of Aic Ncore Developmental Impact Foundation is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Aic Ncore Developmental Impact Foundation, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aic Ncore Developmental Impact Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Aic Ncore Developmental Impact Foundation has a workforce of 15 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
15
Active EPFO establishments
1
Employee growth
25%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2715
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23

To see the full employee and EPFO history of Aic Ncore Developmental Impact Foundation, buy the company report.

GST

No GST registration is on our record for Aic Ncore Developmental Impact Foundation; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Aic Ncore Developmental Impact Foundation has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Amit Kumar Gupta ceased to be Additional Director on 29 Sep 2024.

AGM
Aic Ncore Developmental Impact Foundation last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Aic Ncore Developmental Impact Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Amit Kumar Gupta ceased to be Additional Director.
Appointed
Amit Kumar Gupta was appointed as Director.
Ceased
Sudha Srinivasan ceased to be Director.
Ceased
Sourirajan John Paul ceased to be Additional Director.
Ceased
Atul Satija ceased to be Director.
Appointed
Sourirajan John Paul was appointed as Director.
Incorporation
29 May 2018
Aic Ncore Developmental Impact Foundation was registered on 29 May 2018 with Roc Bangalore & aged 8 years 5 months as per MCA records.

Frequently asked questions

Aic Ncore Developmental Impact Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in educational support services, within the education and learning industry. It was incorporated on 29 May 2018 (8+ years old) and is registered under CIN U74999KA2018NPL113520.

Aic Ncore Developmental Impact Foundation has 2 current directors:

The latest financial statements of Aic Ncore Developmental Impact Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2019 are in the company report.

The CIN (Corporate Identification Number) of Aic Ncore Developmental Impact Foundation is U74999KA2018NPL113520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aic Ncore Developmental Impact Foundation was incorporated on 29 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Amit Kumar Gupta ceased to be Additional Director on 29 Sep 2024. Amit Kumar Gupta was appointed as Director on 14 Mar 2024. Sudha Srinivasan ceased to be Director on 14 Mar 2024. Aic Ncore Developmental Impact Foundation has 6 board changes on record in total.

Aic Ncore Developmental Impact Foundation can be reached through the website thenudge.org. Its registered office is in Bangalore, Karnataka, India.

The registered office of Aic Ncore Developmental Impact Foundation is at Ground And Mezzanine Floor, Rigel Building 15 – 19 Near Apj Abdul Enclave Doddanekudi Outer Ring Road, Bangalore, Karnataka, India – 560037.

Aic Ncore Developmental Impact Foundation operates in the education and learning industry, in the educational support services segment.

The compliance status of Aic Ncore Developmental Impact Foundation is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.