About Ekstep Foundation
Data last updated:
Ekstep Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 23 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014NPL077892. Its GSTIN is 29AAHCP9364J1ZO (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Personalised Learning Platform Foundation. It is led by directors including Rohini Nilekani and Nandan Mohan Nilekani.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 85 Quorum 7th Cross Road Koramangala 4th Block, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.33 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹16.1 Cr (net margin -15.9%) and EBITDA of ₹19.45 Cr (EBITDA margin 19.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: EkStep.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ekstep.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 85 Quorum 7th Cross Road Koramangala 4th Block, Bangalore, Karnataka, India – 560034
- 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
Business Activity of Ekstep Foundation
The business activities of Ekstep Foundation 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 Ekstep Foundation FY 2025 filings available
Ekstep Foundation reported revenue of ₹101.33 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ekstep Foundation
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 14% fall in the latest year. EBITDA fell 50% 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 Ekstep 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.1 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ekstep Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.9% | •••• | •••• | •••• | •••• |
| 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 Ekstep 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.
Peer Comparison of Ekstep Foundation
Ekstep Foundation is compared with the companies closest to it by revenue in the Education industry (Education Technology). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Next Education India Private Limited | •••• | •••• | •••• | •••• | 575 | Hyderabad, Telangana, India |
| Eduquity Career Technologies Private Limited | •••• | •••• | •••• | •••• | 1,046 | Bangalore South, Karnataka, India |
| Medvarsity Online Limited | •••• | •••• | •••• | •••• | 167 | Khairatabad, Telangana, India |
| Edukite Learning Services Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| I-Nurture Education Solutions Private Limited | •••• | •••• | •••• | •••• | 403 | Bangalore, Karnataka, India |
| Ekstep Foundation this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Tata Classedge Limited | •••• | •••• | •••• | •••• | 357 | Mumbai, Maharashtra, India |
| Nopaperforms Solutions Limited | •••• | •••• | •••• | •••• | 297 | Palam Road, Haryana, India |
| Exxat Systems Private Limited | •••• | •••• | •••• | •••• | 142 | Vadodara, Gujarat, India |
| Paptronics Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Stemrobo Technologies Limited | •••• | •••• | •••• | •••• | 226 | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ekstep Foundation by revenue in the Education industry (Education Technology), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ekstep Foundation
Ekstep Foundation is audited by Dharmaraju & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dharmaraju & 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.
Board of Directors of Ekstep Foundation
Ekstep Foundation has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohini Nilekani Also directs: R. Tehmurasp Investment Company Private Limited, Rohini Nilekani Philanthropies Foundation, Science Gallery Bengaluru and 1 more | Director | 10 Feb 2015 | 11 Years 7 Months | Current |
| Nandan Mohan Nilekani Also directs: R. Tehmurasp Investment Company Private Limited, Infosys Limited, Avanti Finance Private Limited and 1 more | Director | 23 Dec 2014 | 11 Years 9 Months | Current |
| Shankar Maruwada Also directs: C4ec Foundation | Director | 23 Dec 2014 | 11 Years 9 Months | Current |
Ownership and Shareholding of Ekstep 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 Ekstep Foundation
Ekstep Foundation does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Ekstep Foundation
Ekstep Foundation operates one associated brand: EkStep. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital education platforms and societal innovation initiatives in India. | ekstep.org |
Employees and EPFO Compliance at Ekstep Foundation
Ekstep Foundation has a workforce of 40 employees as of Apr 05, 2024.
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 Ekstep Foundation
Ekstep Foundation has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Shankar Maruwada ceased to be Director on 08 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Ekstep 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 Ekstep 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 Ekstep 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 Ekstep Foundation
Ekstep Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP9364J1ZO | Karnataka | Active | 01 Jul 2017 |
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 Ekstep 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 Ekstep Foundation
Ekstep Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in edtech solutions, within the education industry. It was incorporated on 23 December 2014 (12+ years old) and is registered under CIN U74900KA2014NPL077892.
Ekstep Foundation reported revenue of ₹101.33 Cr for FY 2025 (down 14% YoY).
Ekstep Foundation has 3 current directors:
- Rohini Nilekani - Director
- Nandan Mohan Nilekani - Director
- Shankar Maruwada - Director
Ekstep Foundation reported a net loss of ₹16.1 Cr (net margin -15.9%) and EBITDA of ₹19.45 Cr (EBITDA margin 19.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ekstep Foundation is -2% over three years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ekstep Foundation is 29AAHCP9364J1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Ekstep Foundation is U74900KA2014NPL077892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ekstep Foundation was incorporated on 23 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ekstep Foundation by revenue are Next Education India Private Limited, Eduquity Career Technologies Private Limited, Medvarsity Online Limited, Edukite Learning Services Private Limited, I-Nurture Education Solutions Private Limited and 5 more, all in the Education industry (Education Technology).
Shankar Maruwada ceased to be Director on 08 Feb 2020. Rohini Nilekani ceased to be Additional Director on 07 Dec 2015. Rohini Nilekani was appointed as Director on 10 Feb 2015. Ekstep Foundation has 5 board changes on record in total.
Ekstep Foundation can be reached through the website ekstep.org. Its registered office is in Bangalore, Karnataka, India.