
About Av Financial Experts Network Private Limited
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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 10 peer companies in the Education industry (E Learning) are compared by revenue, 5 larger and 5 smaller; the largest is Stratbeans Consulting Private Limited with revenue of ₹33.75 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.
Recognitions & Rankings of Av Financial Experts Network
- Udyam number
- UDYAM-MH-19-0068196
- EmailLocked
- TelephoneLocked
- 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
- 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
Associated Brands with Av Financial Experts Network Private Limited
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 |
Business Activity of Av Financial Experts Network Private Limited
The business activities of Av Financial Experts Network are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Av Financial Experts Network Private Limited FY 2025 filings available
Av Financial Experts Network Private Limited reported revenue of ₹30.68 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Av Financial Experts Network Private Limited
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 of Av Financial Experts Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹2.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.43 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 of Av Financial Experts Network Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Av Financial Experts Network are in the company report.
Financial statements from FY 2019
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.
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.
| 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 of Av Financial Experts Network Private Limited
Av Financial Experts Network Private Limited is compared with the companies closest to it by revenue in the Education industry (E Learning). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stratbeans Consulting Private Limited | ₹33.75 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Gurgaon, Haryana, India |
| Staragile Consulting Private Limited | ₹32.94 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| Coursedes Learning Solutions Private Limited | ₹32.42 Cr (FY 2025) | •••• | •••• | 213.0% | •••• | Gurugram, Haryana, India |
| Veranda Management Learning Solutions Private Limited | ₹31.8 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Chennai, Tamil Nadu, India |
| Made Easy Edutech Private Limited | ₹30.91 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Av Financial Experts Network Private Limited this company | ₹30.68 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Singhania Education Services Limited | ₹30.6 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Thane, Maharashtra, India |
| Centrix Healthcare Limited | ₹30.26 Cr (FY 2024) | •••• | •••• | 164.0% | •••• | Mumbai, Maharashtra, India |
| Avocation Educational Services Private Limited | ₹30.23 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Jainemo Private Limited | ₹29.72 Cr (FY 2024) | •••• | •••• | 1822.0% | •••• | Delhi, India |
| Educomp Online Supplemental Service Limited | ₹29.27 Cr (FY 2017) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Av Financial Experts Network by revenue in the Education industry (E Learning), 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 Av Financial Experts Network Private Limited
Av Financial Experts Network Private Limited is audited by N. M. Varde & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. M. Varde & Associates | 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.
Ownership and Shareholding of Av Financial Experts Network Private Limited
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 Av Financial Experts Network Private Limited
Av Financial Experts Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Av Financial Experts Network Private Limited
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.
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 |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Av Financial Experts Network Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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.
Employees and EPFO Compliance at Av Financial Experts Network Private Limited
Employment history and EPFO contributions of people linked to Av Financial Experts Network.
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.
Group Structure of Av Financial Experts Network Private Limited
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.
Recent Activity on Av Financial Experts Network Private Limited
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.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Av Financial Experts Network Private Limited
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 Av Financial Experts Network Private Limited
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 Av Financial Experts Network Private Limited
Av Financial Experts Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA7349G1Z7 | Maharashtra | Active | 11 Feb 2019 |
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 Av Financial Experts Network Private Limited
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.
Related news about Av Financial Experts Network Private Limited
Frequently Asked Questions about Av Financial Experts Network Private Limited
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 reported revenue of ₹30.68 Cr for FY 2025 (up 14% YoY).
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
Av Financial Experts Network reported a net profit of ₹1.43 Cr (net margin 4.6%) and EBITDA of ₹2.79 Cr (EBITDA margin 9.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Av Financial Experts Network is 161% over three years and 148% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
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 Stratbeans Consulting Private Limited, Staragile Consulting Private Limited, Coursedes Learning Solutions Private Limited, Veranda Management Learning Solutions Private Limited, Made Easy Edutech Private Limited and 5 more, all in the Education industry (E Learning).
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).

