Dr. Shrikant Karwa Foundation
About Dr. Shrikant Karwa Foundation
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Dr. Shrikant Karwa Foundation is a private not for profit company based in Nashik, Maharashtra, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 06 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80210MH2012NPL231902.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Nasik Maheshwari Shikshan Seva Samiti. It is led by directors including Anand Ashok Zawar and Santosh Lalchand Jajoo.
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 316 Sarda Sankul M.G.Road, Nashik, Maharashtra, India – 422001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.68 Cr (net margin 99.4%) and EBITDA of ₹2.68 Cr (EBITDA margin 99.4%). Revenue has grown at a compounded annual rate (CAGR) of 500% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address316 Sarda Sankul M.G.Road, Nashik, Maharashtra, India – 422001
- 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 Dr. Shrikant Karwa Foundation FY 2025 filings available
Dr. Shrikant Karwa Foundation reported revenue of ₹2.7 Cr (up 162% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dr. Shrikant Karwa Foundation
Revenue has grown at a compounded annual rate (CAGR) of 500% over three years, including 162% growth in the latest year. EBITDA rose 162% 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 Dr. Shrikant Karwa Foundation
| 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 | ₹2.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.68 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 Dr. Shrikant Karwa Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 99.4% | •••• | •••• | •••• | •••• |
| 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 Dr. Shrikant Karwa Foundation are in the company report.
Financial statements from 2015
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 Dr. Shrikant Karwa Foundation
Dr. Shrikant Karwa Foundation has 8 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Ashok Zawar | Director | 06 Jun 2012 | 14 Years 4 Months | Current |
| Santosh Lalchand Jajoo Also directs: Krishna Construwell Private Limited | Director | 06 Jun 2012 | 14 Years 4 Months | Current |
| Manju Shrikant Karwa Also directs: Catapro Pharmalab Private Limited, Catapharma (India) Pvt Ltd | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Durgaprasad Rameshwar Jaju Also directs: Nashikpride Giants Foundation | Director | 02 May 2024 | 2 Years 5 Months | Current |
| Rohit Rajendra Manudhane | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Shrikant Laxminarayan Karwa Also directs: Catapro Pharmalab Private Limited, Catapharma Chemicals Private Limited, MDB Chemicals (India) Private Limited and 2 more | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
Peer Comparison of Dr. Shrikant Karwa Foundation
Dr. Shrikant Karwa Foundation is compared with the companies closest to it by revenue in the Education industry (K12 and Higher Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Code4bots Technologies Private Limited | ₹2.75 Cr (FY 2025) | •••• | •••• | 456.0% | •••• | Kanpur, Uttar Pradesh, India |
| 360Digitmg Private Limited | ₹2.75 Cr (FY 2021) | •••• | •••• | 204.0% | •••• | Hyderabad, Telangana, India |
| Quest Medical Academy Private Limited | ₹2.74 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Kautilya Learning Resources Private Limited | ₹2.72 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Indore, Madhya Pradesh, India |
| Lakewood Education Foundation | ₹2.71 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Jalandhar, Punjab, India |
| Dr. Shrikant Karwa Foundation this company | ₹2.7 Cr (FY 2025) | •••• | •••• | 162.0% | •••• | Nashik, Maharashtra, India |
| Shikshantar Educational Academy Private Limited | ₹2.69 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Infraschool Services Chintamani Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
| Rahul Education Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Thane, Maharashtra, India |
| Eminent Career Development Link Institutions Private Limited | ₹2.69 Cr (FY 2017) | •••• | •••• | 17.0% | •••• | Thrissur, Kerala, India |
| Modern Academy International | ₹2.68 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Dr. Shrikant Karwa Foundation by revenue in the Education industry (K12 and Higher Education), 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 Dr. Shrikant Karwa Foundation
Dr. Shrikant Karwa Foundation is audited by RAJIV P KURUP & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJIV P KURUP & 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 Dr. Shrikant Karwa 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 Dr. Shrikant Karwa Foundation
Dr. Shrikant Karwa Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dr. Shrikant Karwa Foundation
Employment history and EPFO contributions of people linked to Dr. Shrikant Karwa 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 Dr. Shrikant Karwa Foundation
Dr. Shrikant Karwa Foundation has 8 board changes on record since 2012: 8 appointments. The latest: Durgaprasad Rameshwar Jaju was appointed as Director on 02 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for Dr. Shrikant Karwa 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 Dr. Shrikant Karwa 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
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Subsidiaries & Group Companies of Dr. Shrikant Karwa 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
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GST Compliance of Dr. Shrikant Karwa 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 Dr. Shrikant Karwa 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 Dr. Shrikant Karwa Foundation
Dr. Shrikant Karwa Foundation is an active private not for profit company based in Nashik, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 06 June 2012 (14+ years old) and is registered under CIN U80210MH2012NPL231902.
Dr. Shrikant Karwa Foundation reported revenue of ₹2.7 Cr for FY 2025 (up 162% YoY).
Dr. Shrikant Karwa Foundation has 8 current directors:
- Anand Ashok Zawar - Director
- Santosh Lalchand Jajoo - Director
- Manju Shrikant Karwa - Director
- Durgaprasad Rameshwar Jaju - Director
- Rohit Rajendra Manudhane - Director
- Shrikant Laxminarayan Karwa - Director
- Umesh Ramkrishna Mundada - Director
- Aruna Prakash Laddha - Director
Dr. Shrikant Karwa Foundation reported a net profit of ₹2.68 Cr (net margin 99.4%) and EBITDA of ₹2.68 Cr (EBITDA margin 99.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dr. Shrikant Karwa Foundation is 500% over three years. In the latest year (FY 2025) revenue rose 162%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Dr. Shrikant Karwa Foundation is U80210MH2012NPL231902. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dr. Shrikant Karwa Foundation was incorporated on 06 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dr. Shrikant Karwa Foundation by revenue are Code4bots Technologies Private Limited, 360Digitmg Private Limited, Quest Medical Academy Private Limited, Kautilya Learning Resources Private Limited, Lakewood Education Foundation and 5 more, all in the Education industry (K12 and Higher Education).
Durgaprasad Rameshwar Jaju was appointed as Director on 02 May 2024. Manju Shrikant Karwa was appointed as Director on 15 Sep 2023. Rohit Rajendra Manudhane was appointed as Director on 15 Sep 2023. Dr. Shrikant Karwa Foundation has 8 board changes on record in total.
The registered office of Dr. Shrikant Karwa Foundation is at 316 Sarda Sankul M.G.Road, Nashik, Maharashtra, India – 422001.
Dr. Shrikant Karwa Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.