Afroz Shah Foundation
About Afroz Shah Foundation
Data last updated:
Afroz Shah Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 10 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2019NPL325254. Its GSTIN is 27AASCA2704L1ZE (Maharashtra).
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors including Mohd Aaqib Mohd Aslam Shaikh and Afroz Latif Shah.
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 B – 1010 Everest Apartment J.P. Road Opp. Ganga Bhavan Versova Andheri West, Mumbai, Maharashtra, India – 400061.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.56 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Cr (net margin -28.6%) and EBITDA of -₹1.47 Cr (EBITDA margin -26.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 296% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Afroz Shah Foundation's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB – 1010 Everest Apartment J.P. Road Opp. Ganga Bhavan Versova Andheri West, Mumbai, Maharashtra, India – 400061
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Afroz Shah 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 Afroz Shah Foundation is water supply; sewerage, waste management and remediation activities. In detail, this covers waste collection, treatment and disposal activities; materials recovery.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 38 | Waste collection, treatment and disposal activities; materials recovery |
To see the full business activity and turnover split of Afroz Shah Foundation, buy the company report.
Financials of Afroz Shah Foundation
FY 2025 filings availableAfroz Shah Foundation reported revenue of ₹5.56 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 296%. EBITDA fell 195% 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 | -₹1.47 Cr | ||||
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| Net Profit (PAT) | -₹1.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -26.5% | ||||
| Net Profit Margin | -28.6% | ||||
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To see the full financial statements and ratios of Afroz Shah Foundation, buy the company report.
Board of directors of Afroz Shah Foundation
Afroz Shah Foundation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Aaqib Mohd Aslam Shaikh | Director | 05 Apr 2021 | 5 Years 6 Months | Current |
| Afroz Latif Shah | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Kamlesh Kharade Appasaheb Also directs: Zagmag Media Private Limited | Director | 10 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Afroz Shah Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (waste collection, treatment and disposal activities; materials recovery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Endeavor Power Solutions Limited | ₹5.79 Cr (FY 2025) | Delhi, India | ||||
| Vyomask Recycle Private Limited | ₹5.77 Cr (FY 2025) | Pune, Maharashtra, India | ||||
| Gamata Biogreenery Aqua Engineering Private Limited | ₹5.69 Cr (FY 2025) | 28.0% | Bangalore, Karnataka, India | |||
| Greenaviom Private Limited | ₹5.63 Cr (FY 2025) | -58.0% | Delhi, India | |||
| Global Enviro Engineering Private Limited | ₹5.62 Cr (FY 2025) | 85.0% | Pune, Maharashtra, India | |||
| Afroz Shah Foundationthis company | ₹5.56 Cr (FY 2025) | -₹1.59 Cr | -28.6% | -2.0% | Mumbai, Maharashtra, India | |
| Adnyat Agro and Solid Waste Management Consultancy Private Limited | ₹5.41 Cr (FY 2025) | 130.0% | Sangali, Maharashtra, India | |||
| North Barrackpore Waste Water Management Private Limited | ₹5.34 Cr (FY 2024) | Navi Mumbai, Maharashtra, India | ||||
| Esid Tech Private Limited | ₹5.13 Cr (FY 2025) | 35.0% | Belgaum, Karnataka, India | |||
| Bluemill Recycle Private Limited | ₹5.01 Cr (FY 2025) | Delhi, India | ||||
| RMP Contractors Private Limited | ₹4.91 Cr (FY 2025) | -25.0% | Patiala, Punjab, India |
To see the full peer comparison of Afroz Shah Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Afroz Shah 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 Afroz Shah Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Afroz Shah Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA2704L1ZE | Maharashtra | Active | 14 Aug 2019 |
To see the full GST registrations and return filing status of Afroz Shah Foundation, buy the company report.
Recent activity
Afroz Shah Foundation has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Mohd Aaqib Mohd Aslam Shaikh ceased to be Additional Director on 25 Sep 2021.
Frequently asked questions
Afroz Shah Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 10 May 2019 (7+ years old) and is registered under CIN U85300MH2019NPL325254.
Afroz Shah Foundation has 3 current directors:
- Mohd Aaqib Mohd Aslam Shaikh - Director
- Afroz Latif Shah - Director
- Kamlesh Kharade Appasaheb - Director
The latest financial statements of Afroz Shah 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 2020 are in the company report.
The GSTIN of Afroz Shah Foundation is 27AASCA2704L1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Afroz Shah Foundation is U85300MH2019NPL325254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afroz Shah Foundation was incorporated on 10 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Afroz Shah Foundation by revenue are Endeavor Power Solutions Limited, Vyomask Recycle Private Limited, Gamata Biogreenery Aqua Engineering Private Limited, Greenaviom Private Limited, Global Enviro Engineering Private Limited and 5 more, all in the same principal business activity (waste collection, treatment and disposal activities; materials recovery).
Mohd Aaqib Mohd Aslam Shaikh ceased to be Additional Director on 25 Sep 2021. Mohd Aaqib Mohd Aslam Shaikh was appointed as Director on 05 Apr 2021. Afroz Latif Shah was appointed as Director on 10 May 2019. Afroz Shah Foundation has 4 board changes on record in total.
The registered office of Afroz Shah Foundation is at B – 1010 Everest Apartment J.P. Road Opp. Ganga Bhavan Versova Andheri West, Mumbai, Maharashtra, India – 400061.
Afroz Shah Foundation operates in the non-profit organizations industry, in the social work segment.
The compliance status of Afroz Shah Foundation is compliant as of 28 September 2026. The company is actively filing with the Registrar of Companies.