DPIIT recognised startup Government of India
Startup India
Av Financial Experts Network Private Limited - education in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.68 Cr
▲ 14% YoY
Net profit · FY 2025
₹1.43 Cr
Net margin 4.6%
EBITDA · FY 2025
₹2.79 Cr
EBITDA margin 9.1%
Authorised capital
₹7.95 Cr
Registered with MCA
Paid-up capital
₹5.07 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Av Financial Experts Network Private Limited
Data last updated:
Av Financial Experts Network Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the edtech solutions segment of the education sector. It was incorporated on 29 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2018PTC318889. Its GSTIN is 27AARCA7349G1Z7 (Maharashtra).
The company has an authorised share capital of ₹7.95 Cr and a paid-up capital of ₹5.07 Cr. It is led by directors including Himanshu Vyapak (Officer In Default) and Nisha Nilesh Shah.
Its last annual general meeting (AGM) was held on 18 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.68 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Cr (net margin 4.6%) and EBITDA of ₹2.79 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 161% over three years and 148% over five years.
The company is associated with 1 brand: FinX. The company has 6 deals on record (3 convertible or debt financings, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹62.07 Cr; the latest was in December 2024. Its 4 peer companies in the Education industry (E Learning), with the same principal business activity (educational support services) are compared by revenue, 1 larger and 3 smaller; the largest is Veranda Management Learning Solutions Private Limited with revenue of ₹31.8 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier.
Av Financial Experts Network Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0068196). For more details, the company can be reached via its website finxpert.org.
Company details
CIN U67100MH2018PTC318889
Registration Number 318889
Incorporation Date 29 December 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 July 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0068196
Key People
Himanshu Vyapak Officer In Default Nisha Nilesh Shah Director Sandeep Marian Farias Nominee Director Recognitions & Rankings of Av Financial Experts Network
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0068196
Contact details
Av Financial Experts Network Private Limited's registered office is in Mumbai, Maharashtra. Its website is finxpert.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 112 Mezanine Floor Above Tata Croma, Near Sion Circle Sion Koliwada Road Sion, Mumbai, Maharashtra, India – 400022
- IndustryEducation, EdTech Solutions
To see the full contact details of Av Financial Experts Network Private Limited, buy the company report.
Comprehensive company report
Av Financial Experts Network Private Limited - 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
Av Financial Experts Network operates one associated brand: FinX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| BFSI courses, certifications, and job placements are offered to learners. | finxpert.org |
Financials of Av Financial Experts Network Private Limited
FY 2025 filings availableAv Financial Experts Network Private Limited reported revenue of ₹30.68 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹30.68 Cr ▲ 14%
Net profit · FY 2025
₹1.43 Cr margin 4.6%
EBITDA · FY 2025
₹2.79 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 161%
5 years · compounded
▲ 148%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 23%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 148% over five years, including 14% growth in the latest year. EBITDA fell 13% 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 | ₹2.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.43 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Av Financial Experts Network Private Limited, buy the company report.
Board of directors of Av Financial Experts Network Private Limited
Av Financial Experts Network has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Vyapak | Officer In Default | 18 Nov 2024 | 1 Years 11 Months | Current |
| Nisha Nilesh Shah Also directs: Finx Institute Private Limited | Director | 14 Jan 2022 | 4 Years 9 Months | Current |
| Sandeep Marian Farias Also directs: Elevar Venture Partners LLP, Impactius Venture Partners LLP, Trellis Venture Partners LLP and 5 more | Nominee Director | 25 Nov 2024 | 1 Years 10 Months | Current |
| Rajasekharan Valliyil Narayana Pillai | Director | 28 Jun 2024 | 2 Years 3 Months | Current |
| Vijayalakshmi Rajaram Iyer Also directs: Glenmark Pharmaceuticals Limited, Icici Bank Limited, Computer Age Management Services Limited and 5 more | Director | 20 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Av Financial Experts Network Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (E Learning), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veranda Management Learning Solutions Private Limited | ₹31.8 Cr (FY 2025) | 90.0% | Chennai, Tamil Nadu, India | |||
| Av Financial Experts Network Private Limitedthis company | ₹30.68 Cr (FY 2025) | ₹1.43 Cr | 4.6% | 14.0% | Mumbai, Maharashtra, India | |
| Singhania Education Services Limited | ₹30.6 Cr (FY 2025) | 17.0% | Thane, Maharashtra, India | |||
| Avocation Educational Services Private Limited | ₹30.23 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Educomp Online Supplemental Service Limited | ₹29.27 Cr (FY 2017) | -28.0% | New Delhi, Delhi, India |
To see the full peer comparison of Av Financial Experts Network Private Limited, buy the company report.
Auditor
Av Financial Experts Network Private Limited is audited by N. M. Varde & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. M. Varde & Associates | FY 2023 | 111272W |
Shareholding
The shareholding of Av Financial Experts Network Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Av Financial Experts Network Private Limited, buy the company report.
Deals & funding
Av Financial Experts Network Private Limited has 6 deals on record (3 convertible or debt financings, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹62.07 Cr; the latest was in December 2024.
Total deals
6
Convertible or debt financings
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹62.07 Cr
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Funding round · Seed | ₹50.92 Cr | Investors: Elevar Equity |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2022 | Funding round | ₹3.2 Cr | Investors: an individual |
To see the full deal history of Av Financial Experts Network Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Av Financial Experts Network Private Limited 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
Av Financial Experts Network Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Centre for Investment Education and Learning Private Limited |
To see the full MSME payment records of Av Financial Experts Network Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Av Financial Experts Network has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Av Financial Experts Network has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA7349G1Z7 | Maharashtra | Active | 11 Feb 2019 |
To see the full GST registrations and return filing status of Av Financial Experts Network Private Limited, buy the company report.
Recent activity
Av Financial Experts Network Private Limited has 12 board changes on record since 2020: 5 appointments and 7 cessations. The latest: Vijayalakshmi Rajaram Iyer ceased to be Additional Director on 20 Apr 2025.
AGM
Av Financial Experts Network Private Limited last Annual general meeting of members was held on 18 Jul 2025 as per latest MCA records.
Ceased
Vijayalakshmi Rajaram Iyer ceased to be Additional Director.
Filing
Av Financial Experts Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Vijayalakshmi Rajaram Iyer was appointed as Director.
Appointed
Sandeep Marian Farias was appointed as Nominee Director.
Appointed
Himanshu Vyapak was appointed as Officer In Default.
Ceased
Upasana Koul ceased to be Director.
Ceased
Rajasekharan Valliyil Narayana Pillai ceased to be Additional Director.
Appointed
Rajasekharan Valliyil Narayana Pillai was appointed as Director.
Ceased
Himanshu Vyapak ceased to be Additional Director.
Ceased
Anju Vyapak ceased to be Director.
Appointed
Nisha Nilesh Shah was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Av Financial Experts Network is an active private limited company based in Mumbai, Maharashtra, India. The company works in edtech solutions, within the education industry. It was incorporated on 29 December 2018 (8+ years old) and is registered under CIN U67100MH2018PTC318889.
Av Financial Experts Network has 5 current directors:
- Nisha Nilesh Shah - Director
- Sandeep Marian Farias - Nominee Director
- Rajasekharan Valliyil Narayana Pillai - Director
- Vijayalakshmi Rajaram Iyer - Director
- Himanshu Vyapak - Officer In Default
The latest financial statements of Av Financial Experts Network on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 July 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Av Financial Experts Network is 27AARCA7349G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Av Financial Experts Network is U67100MH2018PTC318889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Av Financial Experts Network was incorporated on 29 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Av Financial Experts Network has 6 deals on record (3 convertible or debt financings, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹62.07 Cr; the latest was in December 2024.
The peers of Av Financial Experts Network by revenue are Veranda Management Learning Solutions Private Limited, Singhania Education Services Limited, Avocation Educational Services Private Limited, Educomp Online Supplemental Service Limited, all in the Education industry (E Learning), with the same principal business activity (educational support services).
Vijayalakshmi Rajaram Iyer ceased to be Additional Director on 20 Apr 2025. Vijayalakshmi Rajaram Iyer was appointed as Director on 20 Mar 2025. Sandeep Marian Farias was appointed as Nominee Director on 25 Nov 2024. Av Financial Experts Network has 12 board changes on record in total.
Yes, Av Financial Experts Network is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Av Financial Experts Network is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0068196).
Av Financial Experts Network has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 Oct 2021.