
About Advantage Nashik Foundation
Data last updated:
Advantage Nashik Foundation is a private not for profit company based in Nashik, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 21 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2009NPL196568. Its GSTIN is 27AAICA7635E2ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has a paid-up capital of ₹3.46 Cr. It is led by directors including Suresh Nathalal Patel and Pramod Ganesh Lad.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at S.No.590/591 Mumbai Naka Motkari Nagar, Nashik, Maharashtra, India – 422001.
As per the financials filed for FY 2026, the company reported a revenue of ₹14.02 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹1.18 Cr and EBITDA of -₹1.02 Cr. Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nashikfirst.com.
Company details
Contact details
Advantage Nashik Foundation's registered office is in Nashik, Maharashtra. Its website is nashikfirst.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No.590/591 Mumbai Naka Motkari Nagar, Nashik, Maharashtra, India – 422001
- IndustryEducation, Corporate Training & Development
To see the full contact details of Advantage Nashik Foundation, buy the company report.
- 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
Business activity
The main business activity of Advantage Nashik Foundation is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Advantage Nashik Foundation, buy the company report.
Financials of Advantage Nashik Foundation
FY 2026 filings availableAdvantage Nashik Foundation reported revenue of ₹14.02 Lakh (down 71% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 71% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.02 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.18 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Advantage Nashik Foundation, buy the company report.
Board of directors of Advantage Nashik Foundation
Advantage Nashik Foundation has 9 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Nathalal Patel | Director | 20 Jan 2010 | 16 Years 9 Months | Current |
| Pramod Ganesh Lad Also directs: Trillion Plastics Pvt Ltd | Director | 21 Oct 2009 | 17 Years 0 Months | Current |
| Vinita Rajendra Dharkar | Director | 21 Oct 2009 | 17 Years 0 Months | Current |
| Milind Dattatraya Jambotkar Also directs: Acme IT Solutions LLP, Slidewell Meilleur-Tech Private Limited | Director | 20 Jan 2010 | 16 Years 9 Months | Current |
| Devendra Dattatray Bapat | Director | 21 Oct 2009 | 17 Years 0 Months | Current |
| Narendrakumar Jhabarmal Saboo | Director | 20 Jan 2010 | 16 Years 9 Months | Current |
Auditor
Advantage Nashik Foundation is audited by MAHADEOKAR & YARDI for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHADEOKAR & YARDI | FY 2026 | 135735W |
Shareholding
The shareholding of Advantage Nashik Foundation is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advantage Nashik Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Advantage Nashik 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 Advantage Nashik Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advantage Nashik Foundation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA7635E2ZM | Maharashtra | Active | 07 Jun 2018 |
To see the full GST registrations and return filing status of Advantage Nashik Foundation, buy the company report.
Recent activity
Advantage Nashik Foundation has 11 board changes on record since 2009: 9 appointments and 2 cessations. The latest: Madhukar Vinayak Bapat ceased to be Director on 05 Dec 2020.
2 earlier events are in the company report.
Frequently asked questions
Advantage Nashik Foundation is an active private not for profit company based in Nashik, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 21 October 2009 (17+ years old) and is registered under CIN U85100MH2009NPL196568.
Advantage Nashik Foundation has 9 current directors:
- Suresh Nathalal Patel - Director
- Pramod Ganesh Lad - Director
- Vinita Rajendra Dharkar - Director
- Milind Dattatraya Jambotkar - Director
- Devendra Dattatray Bapat - Director
- Narendrakumar Jhabarmal Saboo - Director
- Abhay Narhar Kulkarni - Director
- Sanjay Sarjerao Deshmukh - Director
- Jitendra Jaywant Shirke - Director
The latest financial statements of Advantage Nashik Foundation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Advantage Nashik Foundation is 27AAICA7635E2ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Advantage Nashik Foundation is U85100MH2009NPL196568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advantage Nashik Foundation was incorporated on 21 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Madhukar Vinayak Bapat ceased to be Director on 05 Dec 2020. Sunil Sudhakar Kotwal ceased to be Director on 21 Mar 2017. Milind Dattatraya Jambotkar was appointed as Director on 20 Jan 2010. Advantage Nashik Foundation has 11 board changes on record in total.
Advantage Nashik Foundation can be reached through the website nashikfirst.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Advantage Nashik Foundation is at S.No.590591 Mumbai Naka Motkari Nagar, Nashik, Maharashtra, India – 422001.
Advantage Nashik Foundation operates in the education industry, in the corporate training and development segment.

