Mind Sparks Education Association

Mind Sparks Education Association - education in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900PN2014NPL151967 Incorporated 28 July 2014 ROC Pune HQ Pune, Maharashtra, India
Active Private Not For Profit Company education
Data last updated
Revenue · FY 2025
₹10,000
Latest filing
Net loss · FY 2025
₹1,125
Net margin -11.2%
EBITDA · FY 2025
-₹1,125
EBITDA margin -11.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Mind Sparks Education Association

Data last updated:

Mind Sparks Education Association is a private not for profit company based in Pune, Maharashtra, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 28 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014NPL151967.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arpita Nikhil Karkare and Nikhil Vinodji Karkare.

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 70/B/1 Fp 100/B Flat No 501 Prabhat Rd Galli No.14 Erandwane, Pune, Maharashtra, India – 411004.

As per the financials filed for FY 2025, the company reported a revenue of ₹10,000. For the same year it recorded a net loss of ₹1,125 (net margin -11.2%) and EBITDA of -₹1,125 (EBITDA margin -11.2%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74900PN2014NPL151967
Registration Number 151967
Incorporation Date 28 July 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Mind Sparks Education Association's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    70/B/1 Fp 100/B Flat No 501 Prabhat Rd Galli No.14 Erandwane, Pune, Maharashtra, India – 411004
  • Industry
    Education, K-12 & Higher Education Institutions

To see the full contact details of Mind Sparks Education Association, buy the company report.

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  • Legal cases, compliance and MCA filings
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Financials of Mind Sparks Education Association

FY 2024 filings available

Mind Sparks Education Association reported revenue of ₹10,000 for FY 2025.

Revenue · FY 2025
₹10,000
Net loss · FY 2025
₹1,125 margin -11.2%
EBITDA · FY 2025
-₹1,125 margin -11.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 42%
EBITDA CAGR growth
3 years · compounded
▼ 26%

Revenue has declined at a compounded annual rate (CAGR) of 42% over three years. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹1,125
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1,125
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-11.2%
Net Profit Margin-11.2%
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 Mind Sparks Education Association, buy the company report.

Board of directors of Mind Sparks Education Association

Mind Sparks Education Association has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Arpita Nikhil KarkareDirector28 Jul 201412 Years 3 MonthsCurrent
Nikhil Vinodji KarkareDirector28 Jul 201412 Years 3 MonthsCurrent

Peer comparison

Mind Sparks Education Association is compared with the 4 companies closest to it by revenue in the Education industry (Education, K12 and Higher Education), with the same principal business activity (primary & secondary education services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Establishment Education Services Private Limited₹10,017 (FY 2017)-99.0%Ghaziabad, Uttar Pradesh, India
Mind Sparks Education Associationthis company₹10,000 (FY 2025)-₹1,125-11.2%Pune, Maharashtra, India
Oneistox Network Private Limited₹10,000 (FY 2024)-96.0%New Delhi, Delhi, India
Dwi-Kaushalya Academy Private Limited₹10,000 (FY 2023)-77.0%Pune, Maharashtra, India
All India Education Infotech Corporation Research Private Limited₹10,000 (FY 2025)-29.0%Amravati, Maharashtra, India

To see the full peer comparison of Mind Sparks Education Association, buy the company report.

Auditor

Mind Sparks Education Association is audited by V.A Dudhedia & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V.A Dudhedia & CoFY 2023112450W

Shareholding

The shareholding of Mind Sparks Education Association is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mind Sparks Education Association, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mind Sparks Education Association; 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 Mind Sparks Education Association; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Mind Sparks Education Association has 2 board changes on record since 2014: 2 appointments. The latest: Arpita Nikhil Karkare was appointed as Director on 28 Jul 2014.

AGM
Mind Sparks Education Association last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mind Sparks Education Association has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Arpita Nikhil Karkare was appointed as Director.
Appointed
Nikhil Vinodji Karkare was appointed as Director.
Incorporation
28 Jul 2014
Mind Sparks Education Association was registered on 28 Jul 2014 with Roc Pune & aged 12 years 3 months as per MCA records.

Frequently asked questions

Mind Sparks Education Association is an active private not for profit company based in Pune, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 28 July 2014 (12+ years old) and is registered under CIN U74900PN2014NPL151967.

Mind Sparks Education Association has 2 current directors:

The latest financial statements of Mind Sparks Education Association 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 2015 are in the company report.

The CIN (Corporate Identification Number) of Mind Sparks Education Association is U74900PN2014NPL151967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mind Sparks Education Association was incorporated on 28 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Mind Sparks Education Association by revenue are Establishment Education Services Private Limited, Oneistox Network Private Limited, Dwi-Kaushalya Academy Private Limited, All India Education Infotech Corporation Research Private Limited, all in the Education industry (Education, K12 and Higher Education), with the same principal business activity (primary & secondary education services).

Arpita Nikhil Karkare was appointed as Director on 28 Jul 2014. Nikhil Vinodji Karkare was appointed as Director on 28 Jul 2014.

The registered office of Mind Sparks Education Association is at 70B1 Fp 100B Flat No 501 Prabhat Rd Galli No.14 Erandwane, Pune, Maharashtra, India – 411004.

Mind Sparks Education Association operates in the education industry, in the k-12 and higher education institutions segment.

The compliance status of Mind Sparks Education Association is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.

Mind Sparks Education Association can be reached at its registered office: 70B1 Fp 100B Flat No 501 Prabhat Rd Galli No.14 Erandwane, Pune, Maharashtra, India – 411004.