
About Maxelerator Foundation
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Maxelerator Foundation is a private not for profit company based in Madurai, Tamil Nadu, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 07 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85300TN2020NPL138445.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Arunshanker and Naveena Swamy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.4. Ground Floor West Masi Street, Madurai, Tamil Nadu, India – 625016.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.41 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹3.34 Lakh (net margin -29.3%) and EBITDA of -₹3.34 Lakh (EBITDA margin -29.3%).
For more details, the company can be reached via its website maxelerator.org.
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- Registered AddressNo.4. Ground Floor West Masi Street, Madurai, Tamil Nadu, India – 625016
- IndustryNon-Profit Organizations, Social Work
- 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 Maxelerator Foundation FY 2024 filings available
Maxelerator Foundation reported revenue of ₹11.41 Lakh (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maxelerator Foundation
Revenue fell 27% in the latest year. EBITDA fell 84% 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 of Maxelerator Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹3.34 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.34 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 of Maxelerator Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -29.3% | •••• | •••• | •••• |
| Net Profit Margin | -29.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Maxelerator Foundation are in the company report.
Financial statements from FY 2021
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.
Board of Directors of Maxelerator Foundation
Maxelerator Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunshanker Also directs: Sri Meera Plantations Private Limited, Sree Aravindh Steel Ltd, Power Ventures Holdings (India) Private Limited and 1 more | Director | 07 Oct 2020 | 6 Years 0 Months | Current |
| Naveena Swamy Also directs: Kochadai Technology Solution Private Limited | Director | 07 Oct 2020 | 6 Years 0 Months | Current |
| Nanu Swamy Also directs: Kochadai Technology Solution Private Limited | Director | 07 Oct 2020 | 6 Years 0 Months | Current |
Charges & Borrowings of Maxelerator Foundation
Maxelerator Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maxelerator Foundation
Employment history and EPFO contributions of people linked to Maxelerator 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 Maxelerator Foundation
Maxelerator Foundation has 3 board changes on record since 2020: 3 appointments. The latest: Arunshanker was appointed as Director on 07 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts for Maxelerator 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 Maxelerator 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 Maxelerator 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 Maxelerator 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 Maxelerator 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 Maxelerator Foundation
Maxelerator Foundation is an active private not for profit company based in Madurai, Tamil Nadu, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 07 October 2020 (6+ years old) and is registered under CIN U85300TN2020NPL138445.
Maxelerator Foundation reported revenue of ₹11.41 Lakh for FY 2024 (down 27% YoY).
Maxelerator Foundation has 3 current directors:
- Arunshanker - Director
- Naveena Swamy - Director
- Nanu Swamy - Director
Maxelerator Foundation reported a net loss of ₹3.34 Lakh (net margin -29.3%) and EBITDA of -₹3.34 Lakh (EBITDA margin -29.3%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Maxelerator Foundation is U85300TN2020NPL138445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxelerator Foundation was incorporated on 07 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Arunshanker was appointed as Director on 07 Oct 2020. Nanu Swamy was appointed as Director on 07 Oct 2020. Naveena Swamy was appointed as Director on 07 Oct 2020.
Maxelerator Foundation can be reached through the website maxelerator.org. Its registered office is in Madurai, Tamil Nadu, India.
The registered office of Maxelerator Foundation is at No.4. Ground Floor West Masi Street, Madurai, Tamil Nadu, India – 625016.
Maxelerator Foundation has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.5 Lakh.