
Mandhardevi Athletics Foundation
About Mandhardevi Athletics Foundation
Data last updated:
Mandhardevi Athletics Foundation is a private not for profit company based in Wai, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 05 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85300PN2018NPL180059.
It is led by directors including Girish Suresh Gadhave and Uday Hari Ghadge.
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 O/F Mr.Mugutrao Shankar Kochale M.No.543 At Kochalewadi, Wai, Maharashtra, India – 412803.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.05 Lakh, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Lakh (net margin 10.1%) and EBITDA of ₹2.93 Lakh (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 245% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mandhardevi Athletics Foundation's registered office is in Wai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressO/F Mr.Mugutrao Shankar Kochale M.No.543 At Kochalewadi, Wai, Maharashtra, India – 412803
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Mandhardevi Athletics 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 Mandhardevi Athletics Foundation is education. In detail, this covers education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | 85 | Education |
To see the full business activity and turnover split of Mandhardevi Athletics Foundation, buy the company report.
Financials of Mandhardevi Athletics Foundation
FY 2025 filings availableMandhardevi Athletics Foundation reported revenue of ₹29.05 Lakh (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 47% growth in the latest year. EBITDA rose 469% 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 | ₹2.93 Lakh | ||||
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| Net Profit (PAT) | ₹2.93 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 | 10.1% | ||||
| Net Profit Margin | 10.1% | ||||
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To see the full financial statements and ratios of Mandhardevi Athletics Foundation, buy the company report.
Board of directors of Mandhardevi Athletics Foundation
Mandhardevi Athletics Foundation has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Suresh Gadhave Also directs: Janubai Cold Storage LLP | Director | 25 Jul 2023 | 3 Years 3 Months | Current |
| Uday Hari Ghadge | Director | 25 Jul 2023 | 3 Years 3 Months | Current |
| Rekha Rajguru Kochale | Director | 25 Jul 2023 | 3 Years 3 Months | Current |
| Rajguru Mugutrao Kochale | Director | 05 Nov 2018 | 8 Years 0 Months | Current |
| Dhondiram Gangaram Wadkar | Director | 05 Nov 2018 | 8 Years 0 Months | Current |
Peer comparison
Mandhardevi Athletics Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aadhar Industrial Training Institute Private Limited | ₹29.24 Lakh (FY 2025) | 194.0% | Jaipur, Rajasthan, India | |||
| Appcenn Private Limited | ₹29.22 Lakh (FY 2025) | 65.0% | Delhi, India | |||
| Kala Shakti Foundation | ₹29.18 Lakh (FY 2025) | 210.0% | Noida, Uttar Pradesh, India | |||
| MGT Services Private Limited | ₹29.17 Lakh (FY 2025) | 53.0% | Bengaluru, Karnataka, India | |||
| Shikap Coaching Services Private Limited | ₹29.12 Lakh (FY 2025) | 238.0% | Kota, Rajasthan, India | |||
| Mandhardevi Athletics Foundationthis company | ₹29.05 Lakh (FY 2025) | ₹2.93 Lakh | 10.1% | 47.0% | Wai, Maharashtra, India | |
| Aviraj Charitable Foundation | ₹29.04 Lakh (FY 2025) | -66.0% | Mehsana, Gujarat, India | |||
| Eduhope Advisors Private Limited | ₹29 Lakh (FY 2024) | 21.0% | Ganesh Nagar, Delhi, India | |||
| RRSS Turvani Infotech (OPC) Private Limited | ₹28.93 Lakh (FY 2025) | -35.0% | Varanasi, Uttar Pradesh, India | |||
| Namami Mithila Foundation | ₹28.92 Lakh (FY 2024) | Jhanjharpur, Bihar, India | ||||
| Shah Computer Class Private Limited | ₹28.9 Lakh (FY 2024) | Vadodara, Gujarat, India |
To see the full peer comparison of Mandhardevi Athletics Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Mandhardevi Athletics Foundation 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 Mandhardevi Athletics Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mandhardevi Athletics Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mandhardevi Athletics Foundation has 5 board changes on record since 2018: 5 appointments. The latest: Girish Suresh Gadhave was appointed as Director on 25 Jul 2023.
Frequently asked questions
Mandhardevi Athletics Foundation is an active private not for profit company based in Wai, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 05 November 2018 (8+ years old) and is registered under CIN U85300PN2018NPL180059.
Mandhardevi Athletics Foundation has 5 current directors:
- Girish Suresh Gadhave - Director
- Uday Hari Ghadge - Director
- Rekha Rajguru Kochale - Director
- Rajguru Mugutrao Kochale - Director
- Dhondiram Gangaram Wadkar - Director
The latest financial statements of Mandhardevi Athletics Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Mandhardevi Athletics Foundation is U85300PN2018NPL180059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandhardevi Athletics Foundation was incorporated on 05 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mandhardevi Athletics Foundation by revenue are Aadhar Industrial Training Institute Private Limited, Appcenn Private Limited, Kala Shakti Foundation, MGT Services Private Limited, Shikap Coaching Services Private Limited and 5 more, all in the same principal business activity (education).
Girish Suresh Gadhave was appointed as Director on 25 Jul 2023. Rekha Rajguru Kochale was appointed as Director on 25 Jul 2023. Uday Hari Ghadge was appointed as Director on 25 Jul 2023. Mandhardevi Athletics Foundation has 5 board changes on record in total.
The registered office of Mandhardevi Athletics Foundation is at OF Mr.Mugutrao Shankar Kochale M.No.543 At Kochalewadi, Wai, Maharashtra, India – 412803.
Mandhardevi Athletics Foundation operates in the non-profit organizations industry, in the social work segment.
The compliance status of Mandhardevi Athletics Foundation is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.
Mandhardevi Athletics Foundation can be reached at its registered office: OF Mr.Mugutrao Shankar Kochale M.No.543 At Kochalewadi, Wai, Maharashtra, India – 412803.

