About Future Technology Skills Foundation
Data last updated:
Future Technology Skills Foundation is a private not for profit company based in Mumbai, Maharashtra, India, a subsidiary of Upgrad Education Private Limited. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 10 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80301MH2021NPL354978. Its GSTIN is 27AAECF4385L1Z6 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hina Devkaran Thakkar and Meena Rohit Krishna.
Its last annual general meeting (AGM) was held on 28 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Tower 1 Equinox Business Park L.B.S Marg Kurla West Mumbai 400 070, Maharashtra, India – 400070.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.89 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹1.63 Cr (net margin -41.8%) and EBITDA of ₹3.16 Cr (EBITDA margin 81.1%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Lakh and satisfied charges of ₹5 Lakh on record.
For more details, the company can be reached via its website futuretechnologyskillsfoundation.com.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered Address7th Floor Tower 1 Equinox Business Park L.B.S Marg Kurla West Mumbai 400 070, Maharashtra, India – 400070
- 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
Business Activity of Future Technology Skills Foundation
The business activities of Future Technology Skills 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 Future Technology Skills Foundation FY 2025 filings available
Future Technology Skills Foundation reported revenue of ₹3.89 Cr (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Future Technology Skills Foundation
Revenue has declined at a compounded annual rate (CAGR) of 50% over three years, including a 83% fall in the latest year. EBITDA fell 91% 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 Future Technology Skills 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 | ₹3.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.63 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 Future Technology Skills Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -41.8% | •••• | •••• | •••• | •••• |
| 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 Future Technology Skills Foundation are in the company report.
Financial statements from FY 2021
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 Future Technology Skills Foundation
Future Technology Skills Foundation 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 |
|---|---|---|---|---|---|---|
| Nfna Education Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Giridhara Software Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Sanova Pharma Chem Private Limited | •••• | •••• | •••• | •••• | - | Hayathnagar, Telangana, India |
| Genrise Global Staffing Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Edukul Solutions Private Limited | •••• | •••• | •••• | •••• | - | Andheri East, Maharashtra, India |
| Future Technology Skills Foundation this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Langma School of Languages Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| SCM Shipping Services Private Limited | •••• | •••• | •••• | •••• | - | Kochi, Kerala, India |
| Arown Private Limited | •••• | •••• | •••• | •••• | - | Kozhikode, Kerala, India |
| Sugandh Education Private Limited | •••• | •••• | •••• | •••• | 40 | Noida, Uttar Pradesh, India |
| Fighter Success System Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Future Technology Skills Foundation 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 Future Technology Skills Foundation
Future Technology Skills Foundation is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | 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 Future Technology Skills Foundation
Future Technology Skills Foundation has 12 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hina Devkaran Thakkar | Director | 20 Mar 2021 | 5 Years 6 Months | Current |
| Meena Rohit Krishna | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Bulbul Chaudhary | Director | 27 Jul 2022 | 4 Years 2 Months | Current |
| Subodh Chandulal Khanna | Director | 27 Jul 2022 | 4 Years 2 Months | Current |
| Bhargavi Gaurav Deshpande Also directs: Atlas Alumni Association | Director | 27 Jul 2022 | 4 Years 2 Months | Current |
| Aditya Kashyap | Director | 17 Aug 2022 | 4 Years 1 Months | Current |
Ownership and Shareholding of Future Technology Skills 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 Future Technology Skills Foundation
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2021 | Standard Chartered Bank | ₹5 Lakh | Satisfied |
Total charge records: 1 View all charges
MSME Payment Delays by Future Technology Skills Foundation
Future Technology Skills Foundation has 10 MSME Form 1 returns on record between 2021 and 2024, listing 32 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| PD Learning Curve Private Limited | •••• | •••• | •••• |
| Shah Cinepix | •••• | •••• | •••• |
| Asahi Corporate Real Estate Services (India) Private Limited | •••• | •••• | •••• |
| Argus Electronic Security Systems Private Limited | •••• | •••• | •••• |
| Cosmos Business Machines | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Future Technology Skills Foundation
Future Technology Skills Foundation has a workforce of 1 employees as of Apr 08, 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 Future Technology Skills Foundation
Future Technology Skills Foundation has 18 board changes on record since 2021: 15 appointments and 3 cessations. The latest: Bineet Nareshkumar Desai was appointed as Additional Director on 07 Jan 2026.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Future Technology Skills 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.
Subsidiaries & Group Companies of Future Technology Skills 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 Future Technology Skills Foundation
Future Technology Skills Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF4385L1Z6 | Maharashtra | Active | 05 Aug 2021 |
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 Future Technology Skills 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 Future Technology Skills Foundation
Future Technology Skills Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 10 February 2021 (5+ years old) and is registered under CIN U80301MH2021NPL354978.
Future Technology Skills Foundation reported revenue of ₹3.89 Cr for FY 2025 (down 83% YoY).
Future Technology Skills Foundation has 12 current directors:
- Hina Devkaran Thakkar - Director
- Meena Rohit Krishna - Director
- Bulbul Chaudhary - Director
- Subodh Chandulal Khanna - Director
- Bhargavi Gaurav Deshpande - Director
- Aditya Kashyap - Director
- Deepak Ramchandra Gupta - Additional Director
- Parag Suresh Amin - Additional Director
- Zuleika Firdosh Homavazir - Additional Director
- Bineet Nareshkumar Desai - Additional Director
- Sweety Sethi Burrows - Additional Director
- Debasish Ray - Director
Future Technology Skills Foundation reported a net loss of ₹1.63 Cr (net margin -41.8%) and EBITDA of ₹3.16 Cr (EBITDA margin 81.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Future Technology Skills Foundation is -50% over three years. In the latest year (FY 2025) revenue fell 83%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Future Technology Skills Foundation is 27AAECF4385L1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Future Technology Skills Foundation is U80301MH2021NPL354978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Technology Skills Foundation was incorporated on 10 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Future Technology Skills Foundation by revenue are Nfna Education Private Limited, Giridhara Software Services Private Limited, Sanova Pharma Chem Private Limited, Genrise Global Staffing Private Limited, Edukul Solutions Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Bineet Nareshkumar Desai was appointed as Additional Director on 07 Jan 2026. Deepak Ramchandra Gupta was appointed as Additional Director on 07 Jan 2026. Parag Suresh Amin was appointed as Additional Director on 07 Jan 2026. Future Technology Skills Foundation has 18 board changes on record in total.
Future Technology Skills Foundation has 10 MSME Form 1 returns on record between 2021 and 2024, listing 32 overdue payments to 6 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Future Technology Skills Foundation can be reached through the website futuretechnologyskillsfoundation.com. Its registered office is in Mumbai, Maharashtra, India.