About Iitb-Monash Research Academy
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Iitb-Monash Research Academy is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 08 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80302MH2009NPL193094. Its GSTIN is 27AACCI2032H1ZY (Maharashtra).
It is led by directors including Shireesh Balwant Kedare and Ravindra Dheerendra Gudi.
Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Iit Bombay Campus Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2026, the company reported a revenue of ₹31.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.48 Cr (net margin 39.7%) and EBITDA of ₹12.76 Cr (EBITDA margin 40.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 366% over five years.
The company is associated with 1 brand: IITB-Monash Research Academy.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iitbmonash.org.
Company details
Contact details
Iitb-Monash Research Academy's registered office is in Mumbai, Maharashtra. Its website is iitbmonash.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIit Bombay Campus Powai, Mumbai, Maharashtra, India – 400076
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Iitb-Monash Research Academy, 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
Brands
Iitb-Monash Research Academy operates one associated brand: IITB-Monash Research Academy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as an academy providing engineering research courses and programs. | iitbmonash.org |
Financials of Iitb-Monash Research Academy
FY 2026 filings availableIitb-Monash Research Academy reported revenue of ₹31.46 Cr (up 331% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 366% over five years, including 331% growth in the latest year. EBITDA rose 290% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹31.46 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹12.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.48 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.6% | ||||
| Net Profit Margin | 39.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Iitb-Monash Research Academy, buy the company report.
Board of directors of Iitb-Monash Research Academy
Iitb-Monash Research Academy has 8 current directors and 38 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shireesh Balwant Kedare Also directs: Qmet Tech Foundation, Tih Foundation for Iot and Ioe, Iitb-Wustl Research and Educational Academy and 4 more | Nominee Director | 06 May 2024 | 2 Years 6 Months | Current |
| Ravindra Dheerendra Gudi Also directs: Qmet Tech Foundation, Tih Foundation for Iot and Ioe, Iitb-Wustl Research and Educational Academy and 4 more | Nominee Director | 02 Dec 2025 | 0 Years 11 Months | Current |
| Prasanna Subhash Gandhi Also directs: Flexmotion Technologies Private Limited | Nominee Director | 31 May 2024 | 2 Years 5 Months | Current |
| Craig Jonathan Jeffrey | Nominee Director | 05 Dec 2023 | 2 Years 11 Months | Current |
| Milind Diwakar Atrey Also directs: Qmet Tech Foundation, Tih Foundation for Iot and Ioe, Iitb-Wustl Research and Educational Academy and 5 more | Nominee Director | 18 Mar 2025 | 1 Years 7 Months | Current |
| Nellie Karistianis | Nominee Director | 05 Dec 2022 | 3 Years 11 Months | Current |
Peer comparison
Iitb-Monash Research Academy is compared with the 10 companies closest to it by revenue in the Education industry (K12 and Higher Education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iitb-Monash Research Academythis company | ₹31.46 Cr (FY 2026) | ₹12.48 Cr | 39.7% | 331.0% | Mumbai, Maharashtra, India | |
| Nalanda Education Foundation | ₹7.59 Cr (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| U18 Online Education Private Limited | ₹7.58 Cr (FY 2025) | 26.0% | Gurugram, Haryana, India | |||
| Pragjyotika Foundation | ₹7.49 Cr (FY 2025) | 13.0% | Jorhat, Assam, India | |||
| Dhyeya Educational Services Private Limited | ₹7.41 Cr (FY 2025) | -55.0% | Delhi, India | |||
| Access Edutech Private Limited | ₹7.31 Cr (FY 2025) | 1.0% | Bhopal, Madhya Pradesh, India | |||
| Dewan Daulat Ram Education Foundation | ₹7.17 Cr (FY 2025) | 14.0% | Uttar Pradesh, India | |||
| Sa 3D Solutions Private Limited | ₹7.09 Cr (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Dr. Govindan's Hospital Private Limited | ₹7.06 Cr (FY 2025) | 158.0% | Thiruvananthapuram, Kerala, India | |||
| William Carey Foundation | ₹6.96 Cr (FY 2024) | -13.0% | Vadodara, Gujarat, India | |||
| Eca Global Education India Private Limited | ₹6.77 Cr (FY 2025) | -13.0% | Satellite Ahmedabad, Gujarat, India |
To see the full peer comparison of Iitb-Monash Research Academy, buy the company report.
Auditor
Iitb-Monash Research Academy is audited by D.S.K. & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.S.K. & Associates | FY 2026 | 117710W |
Shareholding
The shareholding of Iitb-Monash Research Academy is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iitb-Monash Research Academy, buy the company report.
Legal cases
No court or tribunal cases involving Iitb-Monash Research Academy are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iitb-Monash Research Academy; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iitb-Monash Research Academy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI2032H1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iitb-Monash Research Academy, buy the company report.
Recent activity
Iitb-Monash Research Academy has 51 board changes on record since 2009: 13 appointments and 38 cessations. The latest: Ann Elizabeth Nicholson ceased to be Nominee Director on 02 Dec 2025.
42 earlier events are in the company report.
Frequently asked questions
Iitb-Monash Research Academy 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 08 June 2009 (17+ years old) and is registered under CIN U80302MH2009NPL193094.
Iitb-Monash Research Academy has 8 current directors:
- Shireesh Balwant Kedare - Nominee Director
- Ravindra Dheerendra Gudi - Nominee Director
- Prasanna Subhash Gandhi - Nominee Director
- Craig Jonathan Jeffrey - Nominee Director
- Milind Diwakar Atrey - Nominee Director
- Nellie Karistianis - Nominee Director
- Suvarn Subhash Kulkarni - Nominee Director
- Sharon Joy Pickering - Nominee Director
The latest financial statements of Iitb-Monash Research Academy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iitb-Monash Research Academy is 27AACCI2032H1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iitb-Monash Research Academy is U80302MH2009NPL193094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iitb-Monash Research Academy was incorporated on 08 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Iitb-Monash Research Academy by revenue are Nalanda Education Foundation, U18 Online Education Private Limited, Pragjyotika Foundation, Dhyeya Educational Services Private Limited, Access Edutech Private Limited and 5 more, all in the Education industry (K12 and Higher Education).
Ann Elizabeth Nicholson ceased to be Nominee Director on 02 Dec 2025. Kurra Venkata Krishna Rao ceased to be Nominee Director on 02 Dec 2025. Ravindra Dheerendra Gudi was appointed as Nominee Director on 02 Dec 2025. Iitb-Monash Research Academy has 51 board changes on record in total.
Iitb-Monash Research Academy can be reached through the website iitbmonash.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Iitb-Monash Research Academy is at Iit Bombay Campus Powai, Mumbai, Maharashtra, India – 400076.
Iitb-Monash Research Academy operates in the education industry, in the k-12 and higher education institutions segment.
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