
Maharashtra State Faculty Development Academy
About Maharashtra State Faculty Development Academy
Data last updated:
Maharashtra State Faculty Development Academy is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 18 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2020NPL342124.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It is led by directors including Dhanraj Raghuram Mane and Vikas Chandra Rastogi.
Its last annual general meeting (AGM) was held on 15 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Centre – 1 18th Floor World Trade Centre Cuffe Parade, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.4 Cr, a growth of 4% compared to the previous year. For the same year it recorded EBITDA of ₹17.76 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years.
Company details
Contact details
Maharashtra State Faculty Development Academy's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCentre – 1 18th Floor World Trade Centre Cuffe Parade, Mumbai, Maharashtra, India – 400005
- IndustryEducation, Corporate Training & Development
To see the full contact details of Maharashtra State Faculty Development 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
Business activity
The main business activity of Maharashtra State Faculty Development Academy is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Maharashtra State Faculty Development Academy, buy the company report.
Financials of Maharashtra State Faculty Development Academy
FY 2025 filings availableMaharashtra State Faculty Development Academy reported revenue of ₹8.4 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 99% over three years, including 4% growth in the latest year. EBITDA rose 117% 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 |
|---|---|---|---|---|---|
| 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 | ₹17.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Maharashtra State Faculty Development Academy, buy the company report.
Board of directors of Maharashtra State Faculty Development Academy
Maharashtra State Faculty Development Academy has 14 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanraj Raghuram Mane | Director | 12 Nov 2021 | 4 Years 11 Months | Current |
| Vikas Chandra Rastogi Also directs: Veer Shiromani Maharana Pratap Aarthik Vikas Mahamandal, Parashuram Aarthik Vikas Mahamandal, Maha Arc Limited and 4 more | Director | 05 Oct 2021 | 5 Years 1 Months | Current |
| Abhay Ekanathrao Wagh | Director | 17 Aug 2020 | 6 Years 2 Months | Current |
| Saurabh Vijay | Director | 18 Jul 2020 | 6 Years 3 Months | Current |
| Nipun Umesh Vinayak | Director | 05 Oct 2021 | 5 Years 1 Months | Current |
| Rahul Keshav Kadam | Director | 26 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Maharashtra State Faculty Development Academy is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Educatup Learning Private Limited | ₹8.44 Cr (FY 2025) | 81.0% | Noida, Uttar Pradesh, India | |||
| Champs Educare Private Limited | ₹8.41 Cr (FY 2024) | -7.0% | Pune, Maharashtra, India | |||
| Maharashtra State Faculty Development Academythis company | ₹8.4 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Leveraged Growth Private Limited | ₹8.36 Cr (FY 2024) | 651.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Maharashtra State Faculty Development Academy, buy the company report.
Auditor
Maharashtra State Faculty Development Academy is audited by RATAN CHANDAK & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATAN CHANDAK & CO | FY 2023 | 108696W |
Shareholding
The shareholding of Maharashtra State Faculty Development Academy is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maharashtra State Faculty Development Academy, buy the company report.
Legal cases
No court or tribunal cases involving Maharashtra State Faculty Development 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 Maharashtra State Faculty Development Academy; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maharashtra State Faculty Development Academy has 1 active EPFO establishment as of Apr 05, 2024.
GST
No GST registration is on our record for Maharashtra State Faculty Development Academy; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maharashtra State Faculty Development Academy has 26 board changes on record since 2020: 20 appointments and 6 cessations. The latest: Dattatraya Rambhaji Londhe was appointed as Additional Director on 26 Mar 2025.
17 earlier events are in the company report.
Frequently asked questions
Maharashtra State Faculty Development Academy is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 18 July 2020 (6+ years old) and is registered under CIN U80904MH2020NPL342124.
Maharashtra State Faculty Development Academy has 14 current directors:
- Dhanraj Raghuram Mane - Director
- Vikas Chandra Rastogi - Director
- Abhay Ekanathrao Wagh - Director
- Saurabh Vijay - Director
- Nipun Umesh Vinayak - Director
- Rahul Keshav Kadam - Director
- Rajendra Bandu Bharud - Additional Director
- Dattatraya Rambhaji Londhe - Additional Director
- Niranjan Kumar Sudhansu - Director
- Ujwala Shirish Chakradeo - Director
- Nitin Nandkishor Kareer - Director
- Deepak Bhaskar Phatak - Director
- Shailendra Kamlakar Deolankar - Director
- Ranjit Singh - Director
The latest financial statements of Maharashtra State Faculty Development Academy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 October 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Maharashtra State Faculty Development Academy is U80904MH2020NPL342124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharashtra State Faculty Development Academy was incorporated on 18 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maharashtra State Faculty Development Academy by revenue are Educatup Learning Private Limited, Champs Educare Private Limited, Leveraged Growth Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (higher education, technical & vocational education).
Dattatraya Rambhaji Londhe was appointed as Additional Director on 26 Mar 2025. Digambar Tukaram Shirke ceased to be Director on 26 Mar 2025. Pragati Eknath Dhanavade ceased to be Additional Director on 26 Mar 2025. Maharashtra State Faculty Development Academy has 26 board changes on record in total.
The registered office of Maharashtra State Faculty Development Academy is at Centre – 1 18th Floor World Trade Centre Cuffe Parade, Mumbai, Maharashtra, India – 400005.
Maharashtra State Faculty Development Academy operates in the education industry, in the corporate training and development segment.
Maharashtra State Faculty Development Academy can be reached at its registered office: Centre – 1 18th Floor World Trade Centre Cuffe Parade, Mumbai, Maharashtra, India – 400005.
Maharashtra State Faculty Development Academy is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.

