Hiray Educational and Research Foundation
About Hiray Educational and Research Foundation
Data last updated:
Hiray Educational and Research Foundation is a private not for profit company based in Nashik, Maharashtra, India. It operates in the education itraining segment of the education and learning sector. It was incorporated on 30 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2018NPL316528. Its GSTIN is 27AAECH7013B1Z2 (Maharashtra).
It is led by directors including Apoorva Prashant Hiray (Managing Director) and Prashant Vyankatrao Hiray (Whole-Time Director).
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 N42 Ac2/4/5 Saptashrungi Chowk Pavan Nagar New Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2025, the company reported a revenue of ₹45,339, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹21 Lakh and EBITDA of -₹10.39 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressN42 Ac2/4/5 Saptashrungi Chowk Pavan Nagar New Nashik, Maharashtra, India – 422009
- IndustryEducation & Learing, Education Itraining, Education
- 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 Hiray Educational and Research Foundation FY 2025 filings available
Hiray Educational and Research Foundation reported revenue of ₹45,339 (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hiray Educational and Research Foundation
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 99% fall in the latest year. EBITDA rose 86% 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 Hiray Educational and Research 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 | -₹10.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21 Lakh | •••• | •••• | •••• | •••• |
| 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 Hiray Educational and Research Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Hiray Educational and Research Foundation are in the company report.
Financial statements from FY 2019
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 Hiray Educational and Research Foundation
Hiray Educational and Research Foundation has 9 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smita Prashant Hiray | Director | 30 Oct 2018 | 7 Years 11 Months | Current |
| Prashant Vyankatrao Hiray Also directs: Hiray Agro Industries Private Limited, Bhausaheb Hiray and Sons Limited, Hiray and Sons Private Limited and 3 more | Whole-Time Director | 30 Oct 2018 | 7 Years 11 Months | Current |
| Sampada Prashant Hiray | Director | 10 Dec 2018 | 7 Years 10 Months | Current |
| Yogita Apoorva Hiray | Director | 30 Oct 2018 | 7 Years 11 Months | Current |
| Shyamkant Yadaneshwar Bhandari Also directs: Hiray Agro Industries Private Limited, Hiray and Sons Private Limited, Hiray Lifestyle and Hospitalities Private Limited and 1 more | Additional Director | 11 May 2022 | 4 Years 5 Months | Current |
| Pradeep Guddenahalli Laxman | Additional Director | 11 May 2022 | 4 Years 5 Months | Current |
Ownership and Shareholding of Hiray Educational and Research 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 Hiray Educational and Research Foundation
Hiray Educational and Research Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hiray Educational and Research Foundation
Employment history and EPFO contributions of people linked to Hiray Educational and Research 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 Hiray Educational and Research Foundation
Hiray Educational and Research Foundation has 11 board changes on record since 2018: 9 appointments and 2 cessations. The latest: Bapu Sonu Jagdale was appointed as Additional Director on 11 May 2022.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hiray Educational and Research 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 Hiray Educational and Research 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 Hiray Educational and Research 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 Hiray Educational and Research Foundation
Hiray Educational and Research Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH7013B1Z2 | Maharashtra | Active | 16 Feb 2022 |
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 Hiray Educational and Research 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 Hiray Educational and Research Foundation
Hiray Educational and Research Foundation is an active private not for profit company based in Nashik, Maharashtra, India. The company works in education itraining, within the education and learning industry. It was incorporated on 30 October 2018 (8+ years old) and is registered under CIN U80904MH2018NPL316528.
Hiray Educational and Research Foundation reported revenue of ₹45,339 for FY 2025 (down 99% YoY).
Hiray Educational and Research Foundation has 9 current directors:
- Apoorva Prashant Hiray - Managing Director
- Prashant Vyankatrao Hiray - Whole-Time Director
- Smita Prashant Hiray - Director
- Sampada Prashant Hiray - Director
- Yogita Apoorva Hiray - Director
- Shyamkant Yadaneshwar Bhandari - Additional Director
- Pradeep Guddenahalli Laxman - Additional Director
- Rajesh Shahikani Shinde - Additional Director
- Bapu Sonu Jagdale - Additional Director
Hiray Educational and Research Foundation reported a net loss of ₹21 Lakh and EBITDA of -₹10.39 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hiray Educational and Research Foundation is -39% over three years and -14% over five years. In the latest year (FY 2025) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hiray Educational and Research Foundation is 27AAECH7013B1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hiray Educational and Research Foundation is U80904MH2018NPL316528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hiray Educational and Research Foundation was incorporated on 30 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Bapu Sonu Jagdale was appointed as Additional Director on 11 May 2022. Pradeep Guddenahalli Laxman was appointed as Additional Director on 11 May 2022. Rajesh Shahikani Shinde was appointed as Additional Director on 11 May 2022. Hiray Educational and Research Foundation has 11 board changes on record in total.
The registered office of Hiray Educational and Research Foundation is at N42 Ac245 Saptashrungi Chowk Pavan Nagar New Nashik, Maharashtra, India – 422009.