About Aspire Disruptive Skill Foundation
Data last updated:
Aspire Disruptive Skill Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 15 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80212GJ2015NPL083207. Its GSTIN is 24AANCA5538M1Z9 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹20 Lakh. It is led by directors including Damodar Acharya and Jadumani Jena.
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 Plot No.5 Sumangalam Co. Op. H. Soc. Ltd. Opp Drive In Cinema Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.46 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹6.09 Lakh (net margin 0.8%) and EBITDA of ₹30.05 Lakh (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 1% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ADS Foundation.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adsfoundation.org.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.5 Sumangalam Co. Op. H. Soc. Ltd. Opp Drive In Cinema Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryEducation, Vocational & Skill Development Training
- 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
- One PDF report, delivered after checkout
Business Activity of Aspire Disruptive Skill Foundation
The main business activity of Aspire Disruptive Skill Foundation is education. In detail, this covers primary & secondary education services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aspire Disruptive Skill Foundation FY 2024 filings available
Aspire Disruptive Skill Foundation reported revenue of ₹7.46 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aspire Disruptive Skill Foundation
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 39% 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 Aspire Disruptive Skill Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹30.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.09 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 Aspire Disruptive Skill Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Aspire Disruptive Skill Foundation are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation is compared with the companies closest to it by revenue in the Education industry (HR Outsourcing, Vocational Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Consolidated HRM Services Private Limited | ₹7.52 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
| TSS Staffing Solutions Private Limited | ₹7.5 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Simply Better Services (India) Private Limited | ₹7.49 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Iema Research & Development Private Limited | ₹7.47 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kolkata, West Bengal, India |
| Codebase.Com India Private Limited | ₹7.47 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Aspire Disruptive Skill Foundation this company | ₹7.46 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| VKR Resources Private Limited | ₹7.46 Cr (FY 2019) | •••• | •••• | 57.0% | •••• | Tuticorin, Tamil Nadu, India |
| Trans Atlantic Consultants Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Mumbai, Maharashtra, India |
| Chambal India Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bhopal, Madhya Pradesh, India |
| Sanaara Solutions Private Limited | ₹7.46 Cr (FY 2023) | •••• | •••• | -61.0% | •••• | Bangalore, Karnataka, India |
| Palanntech India Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Aspire Disruptive Skill Foundation by revenue in the Education industry (HR Outsourcing, Vocational Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation is audited by Manubhai & Shah LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manubhai & Shah LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damodar Acharya Also directs: Paniit Alumni Reach for Jharkhand Foundation, Gi4qc Forum | Director | 23 May 2015 | 11 Years 4 Months | Current |
| Jadumani Jena | Director | 15 May 2015 | 11 Years 4 Months | Current |
| Maheswar Sahu | Director | 18 Jan 2018 | 8 Years 8 Months | Current |
| Sobhan Sahu Also directs: Altus Industries LLP, Vegamor Foods Social Business Private Limited, Auraglass Private Limited and 5 more | Director | 22 May 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Aspire Disruptive Skill Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation has 4 MSME Form 1 returns on record between 2019 and 2024, listing 31 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bitscape Infotech Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation operates one associated brand: ADS Foundation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Skill development and training services are offered by ADS Foundation for youth in various sectors. | adsfoundation.org |
Employees and EPFO Compliance at Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation has a workforce of 80 employees as of Apr 07, 2024.
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 Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation has 9 board changes on record since 2015: 4 appointments and 5 cessations. The latest: Satya Narayana Moharana ceased to be Director on 22 Jul 2019.
Credit Ratings, Litigation & Regulatory Alerts for Aspire Disruptive Skill 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.
Subsidiaries & Group Companies of Aspire Disruptive Skill 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 Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCA5538M1Z9 | Gujarat | Active | 01 Jul 2017 |
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 Aspire Disruptive Skill 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 Aspire Disruptive Skill Foundation
Aspire Disruptive Skill Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 15 May 2015 (11+ years old) and is registered under CIN U80212GJ2015NPL083207.
Aspire Disruptive Skill Foundation reported revenue of ₹7.46 Cr for FY 2024 (up 7% YoY).
Aspire Disruptive Skill Foundation has 4 current directors:
- Damodar Acharya - Director
- Jadumani Jena - Director
- Maheswar Sahu - Director
- Sobhan Sahu - Director
Aspire Disruptive Skill Foundation reported a net profit of ₹6.09 Lakh (net margin 0.8%) and EBITDA of ₹30.05 Lakh (EBITDA margin 4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aspire Disruptive Skill Foundation is 33% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aspire Disruptive Skill Foundation is 24AANCA5538M1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Aspire Disruptive Skill Foundation is U80212GJ2015NPL083207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspire Disruptive Skill Foundation was incorporated on 15 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aspire Disruptive Skill Foundation by revenue are Consolidated HRM Services Private Limited, TSS Staffing Solutions Private Limited, Simply Better Services (India) Private Limited, Iema Research & Development Private Limited, Codebase.Com India Private Limited and 5 more, all in the Education industry (HR Outsourcing, Vocational Training).
Satya Narayana Moharana ceased to be Director on 22 Jul 2019. Maheswar Sahu ceased to be Additional Director on 20 Sep 2018. Maheswar Sahu was appointed as Director on 18 Jan 2018. Aspire Disruptive Skill Foundation has 9 board changes on record in total.
Aspire Disruptive Skill Foundation has 4 MSME Form 1 returns on record between 2019 and 2024, listing 31 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Aspire Disruptive Skill Foundation can be reached through the website adsfoundation.org. Its registered office is in Ahmedabad, Gujarat, India.