About Fortress Foundation
Data last updated:
Fortress Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 21 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017NPL297722.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vami Monik Koticha and Shalin Sameer Koticha.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.32 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹54,986 (net margin -0.2%) and EBITDA of -₹54,986 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortressgroup.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address3C, Cnergy Appasaheb Marathe Marg, Mumbai, Maharashtra, India – 400025
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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 Fortress Foundation
The main business activity of Fortress Foundation is education. In detail, this covers education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | 85 | Education | 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 Fortress Foundation FY 2025 filings available
Fortress Foundation reported revenue of ₹2.32 Cr (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fortress Foundation
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 228% 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 Fortress Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹54,986 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹54,986 | •••• | •••• | •••• | •••• |
| 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 Fortress Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.2% | •••• | •••• | •••• | •••• |
| 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 Fortress Foundation are in the company report.
Financial statements from FY 2018
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 Fortress Foundation
Fortress Foundation is compared with the companies closest to it by revenue in the same principal business activity (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 |
|---|---|---|---|---|---|---|
| Westgate Education Private Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | 146.0% | •••• | Delhi, India |
| Satts Cyber Technology Private Limited | ₹2.34 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Kolkata, West Bengal, India |
| Gramin Shiksha Private Limited | ₹2.33 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Fatehabad, Haryana, India |
| Igrow Education and Learning Foundation | ₹2.33 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Gurgaon, Haryana, India |
| Texas International Education Private Limited | ₹2.33 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Hyderabad, Telangana, India |
| Fortress Foundation this company | ₹2.32 Cr (FY 2024) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| Royal Eminent Education Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Ludhiana, Punjab, India |
| Learning Edge Education Consultants Private Limited | ₹2.32 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Crysta Industrial Services Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 220.0% | •••• | Pune, Maharashtra, India |
| Rig Education Foundation | ₹2.3 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | New Delhi, Delhi, India |
| Sse Soccer Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Fortress Foundation by revenue in the same principal business activity (Education), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Fortress Foundation
Fortress Foundation has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vami Monik Koticha | Director | 21 Jul 2017 | 9 Years 2 Months | Current |
| Shalin Sameer Koticha Also directs: Fortress Ventures LLP, Fortress Advisors LLP | Director | 21 Jul 2017 | 9 Years 2 Months | Current |
| Sameer Kishore Koticha Also directs: Aadhya Buildcon Private Limited, Ask Investment Managers Limited, Ask Long-Short Fund Managers Private Limited and 5 more | Director | 21 Jul 2017 | 9 Years 2 Months | Current |
| Monik Sameer Koticha Also directs: Fortress Holdings Private Limited, Fortress Advisory Services Private Limited, Fortress Group LLP and 5 more | Director | 21 Jul 2017 | 9 Years 2 Months | Current |
| Leena Sameer Koticha | Director | 21 Jul 2017 | 9 Years 2 Months | Current |
Charges & Borrowings of Fortress Foundation
Fortress Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fortress Foundation
Employment history and EPFO contributions of people linked to Fortress 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 Fortress Foundation
Fortress Foundation has 5 board changes on record since 2017: 5 appointments. The latest: Leena Sameer Koticha was appointed as Director on 21 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Fortress 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 Fortress 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 Fortress 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 Fortress 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 Fortress 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 Fortress Foundation
Fortress Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 21 July 2017 (9+ years old) and is registered under CIN U74999MH2017NPL297722.
Fortress Foundation reported revenue of ₹2.32 Cr for FY 2024 (down 41% YoY).
Fortress Foundation has 5 current directors:
- Vami Monik Koticha - Director
- Shalin Sameer Koticha - Director
- Sameer Kishore Koticha - Director
- Monik Sameer Koticha - Director
- Leena Sameer Koticha - Director
Fortress Foundation reported a net loss of ₹54,986 (net margin -0.2%) and EBITDA of -₹54,986 (EBITDA margin -0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fortress Foundation is 23% over three years and 16% over five years. In the latest year (FY 2024) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Fortress Foundation is U74999MH2017NPL297722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortress Foundation was incorporated on 21 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fortress Foundation by revenue are Westgate Education Private Limited, Satts Cyber Technology Private Limited, Gramin Shiksha Private Limited, Igrow Education and Learning Foundation, Texas International Education Private Limited and 5 more, all in the same principal business activity (Education).
Leena Sameer Koticha was appointed as Director on 21 Jul 2017. Monik Sameer Koticha was appointed as Director on 21 Jul 2017. Sameer Kishore Koticha was appointed as Director on 21 Jul 2017. Fortress Foundation has 5 board changes on record in total.
Fortress Foundation can be reached through the website fortressgroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fortress Foundation is at 3C, Cnergy Appasaheb Marathe Marg, Mumbai, Maharashtra, India – 400025.