
Maval Development Foundation
About Maval Development Foundation
Data last updated:
Maval Development Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 27 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85300PN2021NPL203754.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rishikesh Namdeo Dabhade and Pradip Popatrao Walhekar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 79 Kadolkar Colony Near Sbi Bank Talegaon Dabhade Tal Maval, Pune, Maharashtra, India – 410507.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.5 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹69,680 (net margin -5.2%) and EBITDA of -₹69,680 (EBITDA margin -5.2%).
Company details
Contact details
Maval Development Foundation's registered office is in Pune, Maharashtra.
- Registered AddressPlot No 79 Kadolkar Colony Near Sbi Bank Talegaon Dabhade Tal Maval, Pune, Maharashtra, India – 410507
- IndustryNon-Profit Organizations, Social Work
- 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 Maval Development Foundation is education. In detail, this covers sports, recreation, cultural and other education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of Maval Development Foundation, buy the company report.
Financials of Maval Development Foundation
FY 2024 filings availableMaval Development Foundation reported revenue of ₹13.5 Lakh (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. EBITDA fell 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹69,680 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹69,680 | ||
| 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -5.2% | ||
| Net Profit Margin | -5.2% | ||
| 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 Maval Development Foundation, buy the company report.
Board of directors of Maval Development Foundation
Maval Development Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishikesh Namdeo Dabhade | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
| Pradip Popatrao Walhekar | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
| Sudhakar Shankarrao Shelke Also directs: Saiharshal Infra LLP, Sai Stone Crusher & Sand Private Limited | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Maval Development Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (sports, recreation, cultural and other education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Himcom Creation Private Limited | ₹13.77 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Sportito Sports Management Private Limited | ₹13.6 Lakh (FY 2024) | 2922.0% | Siliguri, West Bengal, India | |||
| Xcalibur Network Private Limited | ₹13.56 Lakh (FY 2017) | 322.0% | Bangalore, Karnataka, India | |||
| Cue Sports Academies Private Limited | ₹13.56 Lakh (FY 2025) | -26.0% | White Field Bangalore, Karnataka, India | |||
| Seashore Marine Academy Private Limited | ₹13.55 Lakh (FY 2023) | -47.0% | Gurgaon, Haryana, India | |||
| Maval Development Foundationthis company | ₹13.5 Lakh (FY 2024) | -₹69,680 | -5.2% | -89.0% | Pune, Maharashtra, India | |
| Pragya Immigration and Educare Private Limited | ₹13.49 Lakh (FY 2025) | -25.0% | Barnala, Punjab, India | |||
| Prayas India Charity Foundation | ₹13.47 Lakh (FY 2025) | 80.0% | Rajgangpur, Odisha, India | |||
| Onsai Foundation | ₹13.46 Lakh (FY 2024) | -5.0% | Dewas, Madhya Pradesh, India | |||
| Boss 360 Creative Private Limited | ₹13.44 Lakh (FY 2025) | 4.0% | Puducherr, Puducherry, India | |||
| Sanmitra Sports Foundation | ₹13.43 Lakh (FY 2024) | 12.0% | Pune, Maharashtra, India |
To see the full peer comparison of Maval Development Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Maval Development 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 Maval Development 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 Maval Development Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maval Development Foundation has 3 board changes on record since 2021: 3 appointments. The latest: Pradip Popatrao Walhekar was appointed as Director on 27 Aug 2021.
Frequently asked questions
Maval Development Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 27 August 2021 (5+ years old) and is registered under CIN U85300PN2021NPL203754.
Maval Development Foundation has 3 current directors:
- Rishikesh Namdeo Dabhade - Director
- Pradip Popatrao Walhekar - Director
- Sudhakar Shankarrao Shelke - Director
The latest financial statements of Maval Development Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Maval Development Foundation is U85300PN2021NPL203754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maval Development Foundation was incorporated on 27 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Maval Development Foundation by revenue are Himcom Creation Private Limited, Sportito Sports Management Private Limited, Xcalibur Network Private Limited, Cue Sports Academies Private Limited, Seashore Marine Academy Private Limited and 5 more, all in the same principal business activity (sports, recreation, cultural and other education).
Pradip Popatrao Walhekar was appointed as Director on 27 Aug 2021. Rishikesh Namdeo Dabhade was appointed as Director on 27 Aug 2021. Sudhakar Shankarrao Shelke was appointed as Director on 27 Aug 2021.
The registered office of Maval Development Foundation is at Plot No 79 Kadolkar Colony Near Sbi Bank Talegaon Dabhade Tal Maval, Pune, Maharashtra, India – 410507.
Maval Development Foundation operates in the non-profit organizations industry, in the social work segment.
Maval Development Foundation can be reached at its registered office: Plot No 79 Kadolkar Colony Near Sbi Bank Talegaon Dabhade Tal Maval, Pune, Maharashtra, India – 410507.
Maval Development Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Pune.

