About Icai Accounting Research Foundation
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Icai Accounting Research Foundation is a public not for profit company based in New Delhi, Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 14 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U73200DL1999NPL097935. Its GSTIN is 07AAACI5058F1ZQ (Delhi).
It is led by directors including Bhavna Gautam Doshi and Deepak Kumar Gupta.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The Institute Of C A Of India Indraprastha Marg, New Delhi, Delhi, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.13 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹71.1 Lakh (net margin 33.4%) and EBITDA of ₹71.13 Lakh (EBITDA margin 33.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
Court records list 25 cases involving the company, including 3 filed by the company and 22 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icaiarf.org.in.
Company details
CIN history
Icai Accounting Research Foundation has one previous CIN (Corporate Identification Number): U73200DL1999GAP097935. The current CIN is U73200DL1999NPL097935, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73200DL1999NPL097935 | Current |
| U73200DL1999GAP097935 | Previous |
Contact details
Icai Accounting Research Foundation's registered office is in New Delhi, Delhi. Its website is icaiarf.org.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Institute Of C A Of India Indraprastha Marg, New Delhi, Delhi, India
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Icai Accounting Research Foundation, buy the company report.
- 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
Business activity
The main business activity of Icai Accounting Research Foundation is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Icai Accounting Research Foundation, buy the company report.
Financials of Icai Accounting Research Foundation
FY 2025 filings availableIcai Accounting Research Foundation reported revenue of ₹2.13 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 31% fall in the latest year. EBITDA fell 21% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹71.13 Lakh | ||||
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| Net Profit (PAT) | ₹71.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 33.4% | ||||
| Net Profit Margin | 33.4% | ||||
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To see the full financial statements and ratios of Icai Accounting Research Foundation, buy the company report.
Board of directors of Icai Accounting Research Foundation
Icai Accounting Research Foundation has 13 current directors and 61 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Gautam Doshi Also directs: Bhavna Doshi Associates LLP, Nuvoco Vistas Corporation Limited, The Great Eastern Shipping Company Limited and 5 more | Director | 28 Mar 2018 | 8 Years 7 Months | Current |
| Deepak Kumar Gupta | Director | 28 Mar 2018 | 8 Years 7 Months | Current |
| Rajendra Kumar Prasan | Additional Director | 15 Apr 2025 | 1 Years 6 Months | Current |
| Vishnu Kumar Agarwal Also directs: Institute of Social Auditors of India | Additional Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Mangesh Pandurang Kinare Also directs: D-Link (India) Limited., NSE Foundation | Additional Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Purushottamlal Hukamichand Khandelwal Also directs: JKPL Consultants Private Limited | Additional Director | 15 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Icai Accounting Research Foundation is audited by GUPTA NAYAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA NAYAR & CO | FY 2023 | 008376N |
Shareholding
The shareholding of Icai Accounting Research Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Icai Accounting Research Foundation, buy the company report.
Legal cases
Icai Accounting Research Foundation has 25 court cases on record: 3 filed by Icai Accounting Research Foundation, 22 filed against it. 4 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 15 | 3 |
| NCLAT | 6 | 6 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (RFA(COMM)) | Filed by the company against M/S Sybex Support Services Private Limited | Pending |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Living Media India Ltd. | Pending |
| High Court of Delhi | Writ petition | Filed against the company by Solan Spinning Mills Pvt Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by Wholesale Trading Services (India) Private Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Deloitte Haskins & Sells LLP. | Disposed |
To see the full case history of Icai Accounting Research Foundation, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Icai Accounting Research Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Icai Accounting Research Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACI5058F1ZQ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Icai Accounting Research Foundation, buy the company report.
Recent activity
Icai Accounting Research Foundation has 75 board changes on record since 2002: 15 appointments and 60 cessations. The latest: Pramod Jain was appointed as Additional Director on 15 Apr 2025.
66 earlier events are in the company report.
Frequently asked questions
Icai Accounting Research Foundation is an active public not for profit company based in New Delhi, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 14 January 1999 (27+ years old) and is registered under CIN U73200DL1999NPL097935.
Icai Accounting Research Foundation has 13 current directors:
- Bhavna Gautam Doshi - Director
- Deepak Kumar Gupta - Director
- Rajendra Kumar Prasan - Additional Director
- Vishnu Kumar Agarwal - Additional Director
- Mangesh Pandurang Kinare - Additional Director
- Purushottamlal Hukamichand Khandelwal - Additional Director
- Jai Kumar Batra - Director
- Sunil Kumar Gulati - Director
- Pramod Jain - Additional Director
- Amar Jit Chopra - Director
- Charanjot Singh Nanda - Director
- Dondeti Prasanna Kumar - Director
- Pankaj G Shah - Director
The latest financial statements of Icai Accounting Research Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Icai Accounting Research Foundation is 07AAACI5058F1ZQ, registered in Delhi.
The CIN (Corporate Identification Number) of Icai Accounting Research Foundation is U73200DL1999NPL097935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icai Accounting Research Foundation has 25 court cases on record: 3 filed by the company and 22 filed against it. 4 are pending. Most are in the high courts.
Icai Accounting Research Foundation was incorporated on 14 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Pramod Jain was appointed as Additional Director on 15 Apr 2025. Purushottamlal Hukamichand Khandelwal was appointed as Additional Director on 15 Apr 2025. Rajendra Kumar Prasan was appointed as Additional Director on 15 Apr 2025. Icai Accounting Research Foundation has 75 board changes on record in total.
Icai Accounting Research Foundation can be reached through the website icaiarf.org.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Icai Accounting Research Foundation is at The Institute Of C A Of India Indraprastha Marg, New Delhi, Delhi, India.
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