India's Richest People 2026 edition · 1 director · Source: Hurun India
- #8 Azim Premji & family ₹2,62,800 Cr
Revenue · FY 2025
₹67.84 Cr
▲ 16% YoY
Net loss · FY 2025
₹676.86 Cr
Latest filing
EBITDA · FY 2025
-₹621.98 Cr
Latest filing
Company age
17 yrs
Est. 2009
Employees · EPFO
1,877
Provident fund records
Directors on board
6
As per MCA filings
Active GSTINs
2
GST registered
Last financials
Mar 2025
Balance sheet date
About Azim Premji Foundation for Development
Data last updated:
Azim Premji Foundation for Development is a private not for profit company based in Bangalore, Karnataka, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 09 December 2009 and has been in existence for over 17 years.
Its director Azim Premji and family are #8 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2009NPL051792. Its GSTIN is 29AAICA4225G1ZR (Karnataka). The company holds 2 GST registrations, all of them active.
It is led by directors including Anurag Behar (Managing Director) and Azim Premji Hasham.
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 #134 Doddakannelli Sarjapur Road Next To Wipro Corporate Office, Bangalore, Karnataka, India – 560035.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.84 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹676.86 Cr and EBITDA of -₹621.98 Cr. Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 18% over five years.
The company has about 1,877 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azimpremjifoundation.org.
Company details
CIN U93000KA2009NPL051792
Registration Number 051792
Incorporation Date 09 December 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Azim Premji Foundation for Development has one previous CIN (Corporate Identification Number): U80301KA2009NPL051792. The current CIN is U93000KA2009NPL051792, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000KA2009NPL051792 | Current |
| U80301KA2009NPL051792 | Previous |
Key People
Anurag Behar Managing Director Azim Premji Hasham Director Tariq Azim Hasham Premji Director Recognitions & Rankings of Azim Premji Foundation for Development
Contact details
Azim Premji Foundation for Development's registered office is in Bangalore, Karnataka. Its website is azimpremjifoundation.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#134 Doddakannelli Sarjapur Road Next To Wipro Corporate Office, Bangalore, Karnataka, India – 560035
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Azim Premji Foundation for Development, buy the company report.
Comprehensive company report
Azim Premji Foundation for Development - 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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Business activity
The main business activity of Azim Premji Foundation for Development is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Azim Premji Foundation for Development, buy the company report.
Financials of Azim Premji Foundation for Development
FY 2025 filings availableAzim Premji Foundation for Development reported revenue of ₹67.84 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹67.84 Cr ▲ 16%
Net loss · FY 2025
₹676.86 Cr
EBITDA · FY 2025
-₹621.98 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 25%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 118%
3 years · compounded
▼ 22%
5 years · compounded
▼ 33%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 16% growth in the latest year. EBITDA fell 118% 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 | -₹621.98 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹676.86 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 |
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To see the full financial statements and ratios of Azim Premji Foundation for Development, buy the company report.
Board of directors of Azim Premji Foundation for Development
Azim Premji Foundation for Development has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Behar | Managing Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Azim Premji Hasham Also directs: Azim Premji Philanthropic Initiatives Private Limited, Azim Premji Foundation, Wipro Limited and 5 more | Director | 09 Dec 2009 | 16 Years 11 Months | Current |
| Tariq Azim Hasham Premji | Director | 08 Feb 2016 | 10 Years 9 Months | Current |
| Rishad Premji Azim Also directs: Azim Premji Philanthropic Initiatives Private Limited, Azim Premji Foundation, Wipro Limited and 4 more | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Lakshminarayana Kollengode Ramanathan | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Yasmeen Azim Premji | Director | 09 Dec 2009 | 16 Years 11 Months | Current |
Auditor
Azim Premji Foundation for Development is audited by Messrs. S. Viswanathan LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Messrs. S. Viswanathan LLP | FY 2023 | 004770S/S200025 |
Shareholding
The shareholding of Azim Premji Foundation for Development is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Azim Premji Foundation for Development, buy the company report.
Legal cases
Azim Premji Foundation for Development has 2 court cases on record: 2 filed by Azim Premji Foundation for Development. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Bright Wave Projects Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Bright Wave Projects Pvt Ltd | Disposed |
To see the full case history of Azim Premji Foundation for Development, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Azim Premji Foundation for Development was last rated by Brickwork on 22 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 22 Sep 2020 |
To see the full credit ratings and regulatory alerts of Azim Premji Foundation for Development, buy the company report.
MSME payment delays
Azim Premji Foundation for Development has 5 MSME Form 1 returns on record between 2021 and 2024, listing 19 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nexus Consulting | |||
| Kailash Stationers | |||
| an individual supplier | |||
| Senses Akustik Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Azim Premji Foundation for Development, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Azim Premji Foundation for Development has a workforce of 1,877 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
1,877
Active EPFO establishments
1
Employee growth
9.06%
GST
Azim Premji Foundation for Development has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA4225G1ZR | Karnataka | Active | 01 Jul 2017 |
| 23AAICA4225G1Z3 | Madhya Pradesh | Active | 01 Aug 2023 |
To see the full GST registrations and return filing status of Azim Premji Foundation for Development, buy the company report.
Recent activity
Azim Premji Foundation for Development has 9 board changes on record since 2009: 6 appointments and 3 cessations. The latest: Anurag Behar was appointed as Managing Director on 01 Sep 2023.
AGM
Azim Premji Foundation For Development last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Azim Premji Foundation For Development has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Anurag Behar was appointed as Managing Director.
Appointed
Lakshminarayana Kollengode Ramanathan was appointed as Director.
Appointed
Rishad Premji Azim was appointed as Director.
Ceased
Azim Premji Hasham ceased to be Whole-Time Director.
Ceased
Yasmeen Azim Premji ceased to be Whole-Time Director.
Ceased
Tariq Azim Hasham Premji ceased to be Additional Director.
Appointed
Tariq Azim Hasham Premji was appointed as Director.
Appointed
Azim Premji Hasham was appointed as Director.
Appointed
Yasmeen Azim Premji was appointed as Director.
Incorporation
09 Dec 2009
Azim Premji Foundation For Development was registered on 09 Dec 2009 with Roc Bangalore & aged 16 years 11 months as per MCA records.
News
Frequently asked questions
Azim Premji Foundation for Development is an active private not for profit company based in Bangalore, Karnataka, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 09 December 2009 (17+ years old) and is registered under CIN U93000KA2009NPL051792.
Azim Premji Foundation for Development has 6 current directors:
- Anurag Behar - Managing Director
- Azim Premji Hasham - Director
- Tariq Azim Hasham Premji - Director
- Rishad Premji Azim - Director
- Lakshminarayana Kollengode Ramanathan - Director
- Yasmeen Azim Premji - Director
The latest financial statements of Azim Premji Foundation for Development 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 2015 are in the company report.
The GSTIN of Azim Premji Foundation for Development is 29AAICA4225G1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAICA4225G1Z3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Azim Premji Foundation for Development is U93000KA2009NPL051792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azim Premji Foundation for Development has 2 court cases on record: 2 filed by the company. 1 is pending.
Azim Premji Foundation for Development was incorporated on 09 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Anurag Behar was appointed as Managing Director on 01 Sep 2023. Lakshminarayana Kollengode Ramanathan was appointed as Director on 01 Sep 2023. Rishad Premji Azim was appointed as Director on 01 Sep 2023. Azim Premji Foundation for Development has 9 board changes on record in total.
Azim Premji Foundation for Development has 5 MSME Form 1 returns on record between 2021 and 2024, listing 19 overdue payments to 19 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Azim Premji Foundation for Development can be reached through the website azimpremjifoundation.org. Its registered office is in Bangalore, Karnataka, India.
The registered office of Azim Premji Foundation for Development is at #134 Doddakannelli Sarjapur Road Next To Wipro Corporate Office, Bangalore, Karnataka, India – 560035.
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