Aspam Academy Noida - education in Delhi, India. FY 2026 financials & compliance.
CIN U80211DL2000NPL106840 Incorporated 17 July 2000 ROC Delhi HQ Delhi, India
Active Private Not For Profit Company education
Revenue · FY 2025
₹17.01 Cr
▲ 14% YoY
Net loss · FY 2025
₹3.45 Cr
Net margin -20.3%
EBITDA · FY 2025
₹6.98 Cr
EBITDA margin 41%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹8.17 Cr
Issued & subscribed
Open charges
₹130 Cr
Satisfied ₹74.81 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
48
Provident fund records

About Aspam Academy Noida

Data last updated:

Aspam Academy Noida is a private not for profit company based in Delhi, India, a subsidiary of Aspam Eduinfra Private Limited. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 17 July 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U80211DL2000NPL106840. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.17 Cr. It was formerly known as M.A.F. Academy Private Limited and M.A.F. Academy Private Limited. It is led by directors Ayush Goel and Anita Goyal.

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 Unit 710 7th Floor Ring Road Mall Plot No. 21 Manglam Place Sector 3 Roh, Ini, Delhi, India – 110085.

As per the financials filed for FY 2025, the company reported a revenue of ₹17.01 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹3.45 Cr (net margin -20.3%) and EBITDA of ₹6.98 Cr (EBITDA margin 41%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 16% over five years.

The company has about 48 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Aspamscottish. As per MCA filings, the company has open charges of ₹130 Cr and satisfied charges of ₹74.81 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mafacademy.com.

Company details

CIN U80211DL2000NPL106840
Registration Number 106840
Incorporation Date 17 July 2000
ROC Delhi
Listing Status Unlisted
Company Status Active
Parent Company Aspam Eduinfra Private Limited
Compliance Status Active Compliant

Name history

Aspam Academy Noida has undergone 2 name changes throughout its history. The company was previously known as M.A.F. Academy Private Limited, and M.A.F. Academy Private Limited.. The current legal name is Aspam Academy Noida.

Company NameStatus
Aspam Academy NoidaCurrent
M.A.F. Academy Private LimitedPrevious
M.A.F. Academy Private Limited.Previous

CIN history

Aspam Academy Noida has one previous CIN (Corporate Identification Number): U80211DL2000PTC106840. The current CIN is U80211DL2000NPL106840, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U80211DL2000NPL106840Current
U80211DL2000PTC106840Previous

Contact details

Aspam Academy Noida's registered office is in Delhi, Delhi. Its website is mafacademy.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit 710 7th Floor Ring Road Mall Plot No. 21 Manglam Place Sector 3 Roh, Ini, Delhi, India – 110085
  • Industry
    Education, K-12 & Higher Education Institutions

To see the full contact details of Aspam Academy Noida, buy the company report.

Comprehensive company report
Aspam Academy Noida - 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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Brands

Aspam Academy Noida operates one associated brand: Aspamscottish. Each brand links to its own profile.

BrandDescriptionWebsite
Provides CBSE curriculum, extracurriculars, and holistic development in Noida.aspamscottish.com

Business activity

The main business activity of Aspam Academy Noida is education. In detail, this covers primary & secondary education services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP1Primary & Secondary Education services

To see the full business activity and turnover split of Aspam Academy Noida, buy the company report.

Financials of Aspam Academy Noida

FY 2024 filings available

Aspam Academy Noida reported revenue of ₹17.01 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹17.01 Cr ▲ 14%
Net loss · FY 2025
₹3.45 Cr margin -20.3%
EBITDA · FY 2025
₹6.98 Cr margin 41%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 28%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 47%
5 years · compounded
▲ 52%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 14% growth in the latest year. EBITDA rose 44% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹6.98 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.45 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin41%
Net Profit Margin-20.3%
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

To see the full financial statements and ratios of Aspam Academy Noida, buy the company report.

Board of directors of Aspam Academy Noida

Aspam Academy Noida has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ayush GoelDirector01 Apr 20251 Years 7 MonthsCurrent
Anita GoyalDirector01 Apr 20251 Years 7 MonthsCurrent

Auditor

Aspam Academy Noida is audited by PNG & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PNG & Co.FY 2023021910N

Shareholding

The shareholding of Aspam Academy Noida is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aspam Academy Noida, buy the company report.

Charges & borrowings

Open charges
₹130 Cr
Satisfied charges
₹74.81 Cr
Breakdown by lending institutions
Others₹130.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Sep 2023100788837Others₹130 CrOpen
20 May 2016100029612State Bank of India₹74.81 CrSatisfied

To see the full charge records of Aspam Academy Noida, buy the company report.

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Aspam Academy Noida was last rated by Crisil on 14 Jul 2021.

Rating agencyRated onRating
Crisil14 Jul 2021

To see the full credit ratings and regulatory alerts of Aspam Academy Noida, buy the company report.

MSME payment delays

Aspam Academy Noida has 14 MSME Form 1 returns on record between 2019 and 2024, listing 344 overdue payments to 35 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 35)

SupplierAmount dueDue sinceReported on
V. R. Thinkovative Private Limited
Genius Corner Educom Private Limited
an individual supplier
Blue Circle Medi Services Private Limited
an individual supplier

To see the full MSME payment records of Aspam Academy Noida, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Aspam Academy Noida has a workforce of 48 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.

Employee count
48
Active EPFO establishments
1
Employee growth
6.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-2648
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Aspam Academy Noida, buy the company report.

GST

Aspam Academy Noida has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Aspam Academy Noida, buy the company report.

Recent activity

Aspam Academy Noida has 18 board changes on record since 2008: 2 appointments and 16 cessations. The latest: Anita Goyal was appointed as Director on 01 Apr 2025.

Appointed
Anita Goyal was appointed as Director.
Appointed
Ayush Goel was appointed as Director.
AGM
Aspam Academy Noida last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Deepa Goyel ceased to be Additional Director.
Ceased
Ramendra Kumar ceased to be Additional Director.
Filing
Aspam Academy Noida has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 20 May 2016 via Charge ID 100029612 with State Bank Of India was fully satisfied on 10 Oct 2023.
Charges
A charge with Others amounted to Rs. 130.00 Cr with Charge ID 100788837 was registered on 28 Sep 2023.
Ceased
Surinder Kumar Gupta ceased to be Director.
Ceased
Ayush Goel ceased to be Additional Director.
Ceased
Ashok Kumar Goel ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 74.81 Cr registered on 20 May 2016 with Charge ID 100029612 was modified on 26 Jun 2019.

13 earlier events are in the company report.

Frequently asked questions

Aspam Academy Noida is an active private not for profit company based in Delhi, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 17 July 2000 (26+ years old) and is registered under CIN U80211DL2000NPL106840.

Aspam Academy Noida has 2 current directors:

The latest financial statements of Aspam Academy Noida on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

No. Aspam Academy Noida has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Aspam Academy Noida is U80211DL2000NPL106840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aspam Academy Noida has 1 court case on record: 1 filed by the company.

Aspam Academy Noida was incorporated on 17 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.

Anita Goyal was appointed as Director on 01 Apr 2025. Ayush Goel was appointed as Director on 01 Apr 2025. Deepa Goyel ceased to be Additional Director on 29 Sep 2024. Aspam Academy Noida has 18 board changes on record in total.

Aspam Academy Noida has 14 MSME Form 1 returns on record between 2019 and 2024, listing 344 overdue payments to 35 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Aspam Academy Noida can be reached through the website mafacademy.com. Its registered office is in Delhi, India.

The registered office of Aspam Academy Noida is at Unit 710 7th Floor Ring Road Mall Plot No. 21 Manglam Place Sector 3 Roh, Ini, Delhi, India – 110085.