India's Richest People 2026 edition · 1 director · Source: Hurun India
- #912 Sharad Kumar Saraf ₹3,200 Cr
Indus Engineers for Service Foundation
Indus Engineers for Service Foundation - education & learing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Not For Profit Company education and learing
Revenue · FY 2025
₹18,052
▼ 12% YoY
Net loss · FY 2025
₹40,988
Net margin -227.1%
EBITDA · FY 2025
-₹40,988
EBITDA margin -227.1%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2,000
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Indus Engineers for Service Foundation
Data last updated:
Indus Engineers for Service Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 23 March 2016 and has been in existence for over 10 years.
Its director Sharad Kumar Saraf is #912 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93030MH2016NPL274862.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2,000. It is led by directors including Ashok Virchand Doshi and Sharad Kumar Saraf.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 20G Shalimar Industrial Estate Matunga – Dharavi Labour Camp Near Tata Power House, Mumbai, Maharashtra, India – 400019.
As per the financials filed for FY 2025, the company reported a revenue of ₹18,052, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹40,988 (net margin -227.1%) and EBITDA of -₹40,988 (EBITDA margin -227.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U93030MH2016NPL274862
Registration Number 274862
Incorporation Date 23 March 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Ashok Virchand Doshi Director Sharad Kumar Saraf Director Sharad Ghanashyam Wagle Director Recognitions & Rankings of Indus Engineers for Service Foundation
Contact details
Indus Engineers for Service Foundation's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20G Shalimar Industrial Estate Matunga – Dharavi Labour Camp Near Tata Power House, Mumbai, Maharashtra, India – 400019
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Indus Engineers for Service Foundation, buy the company report.
Comprehensive company report
Indus Engineers for Service Foundation - one report that includes everything
- 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
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Financials of Indus Engineers for Service Foundation
FY 2025 filings availableIndus Engineers for Service Foundation reported revenue of ₹18,052 (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹18,052 ▼ 12%
Net loss · FY 2025
₹40,988 margin -227.1%
EBITDA · FY 2025
-₹40,988 margin -227.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 1%
5 years · compounded
▼ 6%
EBITDA CAGR growth
3 years · compounded
▼ 80%
5 years · compounded
▼ 44%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 12% fall 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹40,988 | ||||
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| Net Profit (PAT) | -₹40,988 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -227.1% | ||||
| Net Profit Margin | -227.1% | ||||
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To see the full financial statements and ratios of Indus Engineers for Service Foundation, buy the company report.
Board of directors of Indus Engineers for Service Foundation
Indus Engineers for Service Foundation has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Virchand Doshi Also directs: Us Holidays Buildcon Private Limited, Nagarkar Developers Private Limited, Casa Builders Private Limited and 2 more | Director | 23 Mar 2016 | 10 Years 7 Months | Current |
| Sharad Kumar Saraf Also directs: Technocraft Industries (India) Limited, Nutricraft Products Private Limited, Technocraft Extrusions Private Limited and 5 more | Director | 23 Mar 2016 | 10 Years 7 Months | Current |
| Sharad Ghanashyam Wagle | Director | 23 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Indus Engineers for Service Foundation is audited by Sanjay Rane & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay Rane & Associates | FY 2017 | 107507 |
Shareholding
The shareholding of Indus Engineers for Service Foundation is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Indus Engineers for Service Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Indus Engineers for Service Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indus Engineers for Service Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indus Engineers for Service Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indus Engineers for Service Foundation has 3 board changes on record since 2016: 3 appointments. The latest: Ashok Virchand Doshi was appointed as Director on 23 Mar 2016.
AGM
Indus Engineers For Service Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indus Engineers For Service Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Ashok Virchand Doshi was appointed as Director.
Appointed
Sharad Ghanashyam Wagle was appointed as Director.
Appointed
Sharad Kumar Saraf was appointed as Director.
Incorporation
23 Mar 2016
Indus Engineers For Service Foundation was registered on 23 Mar 2016 with Roc Mumbai I & aged 10 years 7 months as per MCA records.
Frequently asked questions
Indus Engineers for Service Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 23 March 2016 (10+ years old) and is registered under CIN U93030MH2016NPL274862.
Indus Engineers for Service Foundation has 3 current directors:
- Ashok Virchand Doshi - Director
- Sharad Kumar Saraf - Director
- Sharad Ghanashyam Wagle - Director
The latest financial statements of Indus Engineers for Service Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Indus Engineers for Service Foundation is U93030MH2016NPL274862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Engineers for Service Foundation was incorporated on 23 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Virchand Doshi was appointed as Director on 23 Mar 2016. Sharad Ghanashyam Wagle was appointed as Director on 23 Mar 2016. Sharad Kumar Saraf was appointed as Director on 23 Mar 2016.
The registered office of Indus Engineers for Service Foundation is at 20G Shalimar Industrial Estate Matunga – Dharavi Labour Camp Near Tata Power House, Mumbai, Maharashtra, India – 400019.
Indus Engineers for Service Foundation operates in the education and learning industry, in the educational support services segment.
The compliance status of Indus Engineers for Service Foundation is compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.
Indus Engineers for Service Foundation can be reached at its registered office: 20G Shalimar Industrial Estate Matunga – Dharavi Labour Camp Near Tata Power House, Mumbai, Maharashtra, India – 400019.