Devanutosh Foundation
About Devanutosh Foundation
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Devanutosh Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 05 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80902GJ2021NPL121763.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Dhavalbhai Ramanbhai Patel and Pravin Ishwarbhai Desai.
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 204/A/1 Vishwash Apartment B/H Suryodaya Bunglows Nr Green Wood Aprt Sola Road, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2025, the company reported a revenue of ₹16,284, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹3,590 (net margin -22%) and EBITDA of -₹3,590 (EBITDA margin -22%).
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- Registered Address204/A/1 Vishwash Apartment B/H Suryodaya Bunglows Nr Green Wood Aprt Sola Road, Ahmedabad, Gujarat, India – 380061
- IndustryEducation, K-12 & Higher Education Institutions
- 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
Financials of Devanutosh Foundation FY 2025 filings available
Devanutosh Foundation reported revenue of ₹16,284 (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devanutosh Foundation
Revenue fell 4% in the latest year. EBITDA fell 20% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Devanutosh Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹3,590 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3,590 | •••• | •••• | •••• |
| 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 Devanutosh Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -22% | •••• | •••• | •••• |
| Net Profit Margin | -22% | •••• | •••• | •••• |
| 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 Devanutosh Foundation are in the company report.
Financial statements from FY 2022
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 Devanutosh Foundation
Devanutosh Foundation is compared with the companies closest to it by revenue in the Education industry (K12 and Higher Education). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aryasikshak Edu Services Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Inordinate Trading Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Clearwater Educational Management and Resources Company Private Limited | •••• | •••• | •••• | •••• | - | Malappuram, Kerala, India |
| Virtual Saas Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Yogiraj Education and Research Centre | •••• | •••• | •••• | •••• | - | Kota, Rajasthan, India |
| Devanutosh Foundation this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Shiksha Uthan Foundation | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| International Maritime Academy | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Sameer Education & Learnings Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Aarambh Welfare Foundation | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Iec Education Limited Listed | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Devanutosh Foundation by revenue in the Education industry (K12 and Higher Education), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Devanutosh Foundation
Devanutosh Foundation has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Ishwarbhai Desai | Additional Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Hareshkumar Bhupatbhai Vadhel Also directs: Khyati Leisure and Recreation LLP, Pulsator Sports Academy LLP, Zane Infra LLP and 5 more | Additional Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Dhavalbhai Ramanbhai Patel Also directs: Pulsator Sports Academy LLP, Zane Infra LLP, A.I. Innovation Labs Private Limited and 5 more | Director | 05 Apr 2021 | 5 Years 6 Months | Current |
| Digvijaysinh Ghanshyamsinh Gohil Also directs: Pulsator Sports Academy LLP, Zane Infra LLP, A.I. Innovation Labs Private Limited and 5 more | Additional Director | 06 Sep 2021 | 5 Years 1 Months | Current |
Charges & Borrowings of Devanutosh Foundation
Devanutosh Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devanutosh Foundation
Employment history and EPFO contributions of people linked to Devanutosh Foundation.
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 Devanutosh Foundation
Devanutosh Foundation has 8 board changes on record since 2021: 4 appointments and 4 cessations. The latest: Hiteshkumar Baldevbhai Chaudhary ceased to be Additional Director on 31 Dec 2025.
Credit Ratings, Litigation & Regulatory Alerts for Devanutosh 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.
MSME Payment Delays by Devanutosh Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devanutosh 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 Devanutosh Foundation
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 Devanutosh 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 Devanutosh Foundation
Devanutosh Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 05 April 2021 (5+ years old) and is registered under CIN U80902GJ2021NPL121763.
Devanutosh Foundation reported revenue of ₹16,284 for FY 2025 (down 4% YoY).
Devanutosh Foundation has 4 current directors:
- Pravin Ishwarbhai Desai - Additional Director
- Hareshkumar Bhupatbhai Vadhel - Additional Director
- Dhavalbhai Ramanbhai Patel - Director
- Digvijaysinh Ghanshyamsinh Gohil - Additional Director
Devanutosh Foundation reported a net loss of ₹3,590 (net margin -22%) and EBITDA of -₹3,590 (EBITDA margin -22%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Devanutosh Foundation is U80902GJ2021NPL121763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devanutosh Foundation was incorporated on 05 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devanutosh Foundation by revenue are Aryasikshak Edu Services Private Limited, Inordinate Trading Private Limited, Clearwater Educational Management and Resources Company Private Limited, Virtual Saas Private Limited, Yogiraj Education and Research Centre and 5 more, all in the Education industry (K12 and Higher Education).
Hiteshkumar Baldevbhai Chaudhary ceased to be Additional Director on 31 Dec 2025. Nimesh Dahyabhai Chaudhari ceased to be Additional Director on 31 Dec 2025. Pravin Ishwarbhai Desai ceased to be Additional Director on 31 Dec 2025. Devanutosh Foundation has 8 board changes on record in total.
The registered office of Devanutosh Foundation is at 204A1 Vishwash Apartment BH Suryodaya Bunglows Nr Green Wood Aprt Sola Road, Ahmedabad, Gujarat, India – 380061.
Devanutosh Foundation has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.
Devanutosh Foundation operates in the education industry, in the k-12 and higher education institutions segment.