Foster Mind Academy Private Limited
About Foster Mind Academy Private Limited
Data last updated:
Foster Mind Academy Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 21 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2010PTC202264. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardik Satyanarain Samariya and Neelam Hardik Samariya.
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 Flat No. C – 1104 Delta Tower Plot No. 1 Sector – 8 Ulwe Node, Navi Mumbai, Maharashtra, India – 410206.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.74 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹8,198 (net margin 2.2%) and EBITDA of ₹16,189 (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No. C – 1104 Delta Tower Plot No. 1 Sector – 8 Ulwe Node, Navi Mumbai, Maharashtra, India – 410206
- IndustryEducation, Corporate Training & Development
- 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 Foster Mind Academy Private Limited
The main business activity of Foster Mind Academy is education. In detail, this covers primary & secondary education services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services | 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 Foster Mind Academy Private Limited FY 2025 filings available
Foster Mind Academy Private Limited reported revenue of ₹3.74 Lakh (down 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Foster Mind Academy Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 66% fall in the latest year. EBITDA fell 40% 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 Foster Mind Academy Private Limited
| 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 | ₹16,189 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8,198 | •••• | •••• | •••• | •••• |
| 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 Foster Mind Academy Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Foster Mind Academy 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 Foster Mind Academy Private Limited
Foster Mind Academy Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Upgradeprep Consulting Private Limited | •••• | •••• | •••• | •••• | - | Bengalore, Karnataka, India |
| Mockmania Edutech Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Lio Technologies Private Limited | •••• | •••• | •••• | •••• | - | Rohtak, Haryana, India |
| Desert Storm Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Innovision Information Systems Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Foster Mind Academy Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Educluster India Private Limited | •••• | •••• | •••• | •••• | - | Kannur, Kerala, India |
| MJS Edu Private Limited | •••• | •••• | •••• | •••• | - | Dwarka, Delhi, India |
| Uraccon Institute Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Avidhrta Global Education Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Fintax Solutions Private Limited | •••• | •••• | •••• | •••• | - | Near Community Center, Delhi, India |
Peers are the five companies nearest above and the five nearest below Foster Mind Academy by revenue in the Education industry (Corporate and Commercial Training), 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 Foster Mind Academy Private Limited
Foster Mind Academy Private Limited is audited by PRAMOD K SARDA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAMOD K SARDA & CO | 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 Foster Mind Academy Private Limited
Foster Mind Academy has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Satyanarain Samariya Also directs: Local Street Retailtech Private Limited | Director | 21 Apr 2010 | 16 Years 5 Months | Current |
| Neelam Hardik Samariya Also directs: Local Street Retailtech Private Limited | Director | 21 Apr 2010 | 16 Years 5 Months | Current |
Ownership and Shareholding of Foster Mind Academy Private Limited
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 Foster Mind Academy Private Limited
Foster Mind Academy Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Foster Mind Academy Private Limited
Employment history and EPFO contributions of people linked to Foster Mind Academy.
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 Foster Mind Academy Private Limited
Foster Mind Academy Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Hardik Satyanarain Samariya was appointed as Director on 21 Apr 2010.
Credit Ratings, Litigation & Regulatory Alerts for Foster Mind Academy Private Limited
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 Foster Mind Academy Private Limited
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 Foster Mind Academy Private Limited
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 Foster Mind Academy Private Limited
Foster Mind Academy has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Foster Mind Academy Private Limited
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 Foster Mind Academy Private Limited
Foster Mind Academy is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 21 April 2010 (16+ years old) and is registered under CIN U80904MH2010PTC202264.
Foster Mind Academy reported revenue of ₹3.74 Lakh for FY 2025 (down 66% YoY).
Foster Mind Academy has 2 current directors:
- Hardik Satyanarain Samariya - Director
- Neelam Hardik Samariya - Director
Foster Mind Academy reported a net profit of ₹8,198 (net margin 2.2%) and EBITDA of ₹16,189 (EBITDA margin 4.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Foster Mind Academy is -15% over three years and -27% over five years. In the latest year (FY 2025) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
No. Foster Mind Academy has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Foster Mind Academy is U80904MH2010PTC202264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foster Mind Academy was incorporated on 21 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Foster Mind Academy by revenue are Upgradeprep Consulting Private Limited, Mockmania Edutech Private Limited, Lio Technologies Private Limited, Desert Storm Technologies Private Limited, Innovision Information Systems Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Hardik Satyanarain Samariya was appointed as Director on 21 Apr 2010. Neelam Hardik Samariya was appointed as Director on 21 Apr 2010.
The registered office of Foster Mind Academy is at Flat No. C – 1104 Delta Tower Plot No. 1 Sector – 8 Ulwe Node, Navi Mumbai, Maharashtra, India – 410206.