Fortigo Network Foundation
About Fortigo Network Foundation
Data last updated:
Fortigo Network Foundation is a private not for profit company based in Bangalore, Karnataka, India, a subsidiary of Fortigo Network Logistics Private Limited. It operates in the corporate training and development segment of the education sector. It was incorporated on 06 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2019NPL124965.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishnan Narayanswamy and Ramakrishnan Sathish.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.17 Ageis Building 2nd Floor 1st A Cross Koramangala 5th Block, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2023, the company reported a revenue of ₹95,628. For the same year it recorded a net profit of ₹72,408 (net margin 75.7%) and EBITDA of ₹72,408 (EBITDA margin 75.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.17 Ageis Building 2nd Floor 1st A Cross Koramangala 5th Block, Bangalore, Karnataka, India – 560095
- IndustryEducation, Corporate Training & Development
- 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 Fortigo Network Foundation
The business activities of Fortigo Network 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 Fortigo Network Foundation FY 2023 filings available
Fortigo Network Foundation reported revenue of ₹95,628 for FY 2023.
Financial Statement Summary of Fortigo Network Foundation
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹72,408 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹72,408 | •••• | •••• | •••• |
| 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 of Fortigo Network Foundation
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 75.7% | •••• | •••• | •••• |
| Net Profit Margin | 75.7% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Fortigo Network Foundation are in the company report.
Financial statements from FY 2020
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 Fortigo Network Foundation
Fortigo Network Foundation is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Etl Labs Private Limited | ₹96,886 (FY 2024) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Directo Voyage Private Limited | ₹96,580 (FY 2019) | •••• | •••• | -76.0% | •••• | New Delhi, Delhi, India |
| Dream Chase Education Services Private Limited | ₹96,355 (FY 2022) | •••• | •••• | •••• | Delhi, India | |
| Inizio Edutech Private Limited | ₹96,263 (FY 2021) | •••• | •••• | •••• | Patiala, Punjab, India | |
| Uonely Solutions Private Limited | ₹96,012 (FY 2025) | •••• | •••• | 92.0% | •••• | Deshbandhunagar, West Bengal, India |
| Fortigo Network Foundation this company | ₹95,628 (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Techshala Private Limited | ₹94,200 (FY 2025) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| TLPS Education Services Private Limited | ₹93,381 (FY 2025) | •••• | •••• | -72.0% | •••• | Surat, Gujarat, India |
| Sapientury Private Limited | ₹93,000 (FY 2024) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Anion Softech Private Limited | ₹92,850 (FY 2020) | •••• | •••• | 967.0% | •••• | Raipur, Chhattisgarh, India |
| Infovision Teknocon Solutions Private Limited | ₹92,800 (FY 2025) | •••• | •••• | 11.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Fortigo Network Foundation by revenue in the Education industry (Corporate and Commercial Training), 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 Fortigo Network Foundation
Fortigo Network Foundation is audited by VENKATESH BHASKAR & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VENKATESH BHASKAR & ASSOCIATES | 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 Fortigo Network Foundation
Fortigo Network Foundation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Narayanswamy Also directs: SDX Partners LLP, Fungised Solutions Private Limited, Zivanti Clothing Private Limited and 5 more | Additional Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Ramakrishnan Sathish Also directs: Redkiwi Vehicles Private Limited, Charteredways Services Private Limited, Herbaceous Retail Private Limited and 5 more | Additional Director | 29 Aug 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Fortigo Network 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 Fortigo Network Foundation
Fortigo Network Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fortigo Network Foundation
Employment history and EPFO contributions of people linked to Fortigo Network 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 Fortigo Network Foundation
Fortigo Network Foundation has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Anjani Mandal ceased to be Director on 31 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Fortigo Network 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 Fortigo Network 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 Fortigo Network 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 Fortigo Network 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 Fortigo Network 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 Fortigo Network Foundation
Fortigo Network Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 06 June 2019 (7+ years old) and is registered under CIN U85100KA2019NPL124965.
Fortigo Network Foundation reported revenue of ₹95,628 for FY 2023.
Fortigo Network Foundation has 2 current directors:
- Krishnan Narayanswamy - Additional Director
- Ramakrishnan Sathish - Additional Director
Fortigo Network Foundation reported a net profit of ₹72,408 (net margin 75.7%) and EBITDA of ₹72,408 (EBITDA margin 75.7%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Fortigo Network Foundation is U85100KA2019NPL124965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortigo Network Foundation was incorporated on 06 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Fortigo Network Foundation by revenue are Etl Labs Private Limited, Directo Voyage Private Limited, Dream Chase Education Services Private Limited, Inizio Edutech Private Limited, Uonely Solutions Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Anjani Mandal ceased to be Director on 31 Aug 2024. Vivek Malhotra ceased to be Director on 31 Aug 2024. Krishnan Narayanswamy was appointed as Additional Director on 29 Aug 2024. Fortigo Network Foundation has 4 board changes on record in total.
The registered office of Fortigo Network Foundation is at No.17 Ageis Building 2nd Floor 1st A Cross Koramangala 5th Block, Bangalore, Karnataka, India – 560095.
Fortigo Network Foundation has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Fortigo Network Foundation operates in the education industry, in the corporate training and development segment.