Nashik Business Association
About Nashik Business Association
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Nashik Business Association is a private not for profit company based in Niphad, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 02 June 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2022NPL384011.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Balasaheb Sitaram Ambre and Madhura Milind Kumbhejkar.
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 Niphad, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.06 Lakh, a growth of 150% compared to the previous year. For the same year it recorded a net loss of ₹73,064 (net margin -3.3%) and EBITDA of -₹68,819 (EBITDA margin -3.1%).
Company details
Contact details
Nashik Business Association's registered office is in Niphad, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. – 2, Yayati Colony, Niphad, Maharashtra, India – 422306
- IndustryEducation, Corporate Training & Development
To see the full contact details of Nashik Business Association, 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
Financials of Nashik Business Association
FY 2025 filings availableNashik Business Association reported revenue of ₹22.06 Lakh (up 150% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 150% in the latest year. EBITDA fell 151% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | -₹68,819 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹73,064 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3.1% | |
| Net Profit Margin | -3.3% | |
| 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 Nashik Business Association, buy the company report.
Board of directors of Nashik Business Association
Nashik Business Association has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasaheb Sitaram Ambre Also directs: Cymbird Ventures LLP | Director | 30 Jun 2024 | 2 Years 4 Months | Current |
| Madhura Milind Kumbhejkar | Director | 15 Mar 2024 | 2 Years 8 Months | Current |
| Vikram Nilkanth Khairnar | Director | 30 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Nashik Business Association is compared with the 10 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sushin Business Solutions Private Limited | ₹22.22 Lakh (FY 2019) | -15.0% | Bengaluru, Karnataka, India | |||
| Sydneypte Master Private Limited | ₹22.19 Lakh (FY 2024) | 55.0% | Kurukshetra, Haryana, India | |||
| Giid Innovations Private Limited | ₹22.14 Lakh (FY 2020) | 31.0% | Bangalore, Karnataka, India | |||
| Digital Academy 360 Private Limited | ₹22.12 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Inversa Technosoft Private Limited | ₹22.09 Lakh (FY 2024) | 54.0% | Bangalore, Karnataka, India | |||
| Nashik Business Associationthis company | ₹22.06 Lakh (FY 2024) | -₹73,064 | -3.3% | 150.0% | Niphad, Maharashtra, India | |
| Astrone Solutions and Services Private Limited | ₹22.06 Lakh (FY 2025) | -32.0% | Chennai, Tamil Nadu, India | |||
| Purpose Careers Private Limited | ₹22.06 Lakh (FY 2025) | -47.0% | Bangalore, Karnataka, India | |||
| Nirman Coaching Institutes Private Limited | ₹22.04 Lakh (FY 2023) | -70.0% | Nagpur, Maharashtra, India | |||
| Indo Macquarie Education Services Limited | ₹22.02 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Triguna Consulting Private Limited | ₹21.98 Lakh (FY 2025) | Gurgaon, Haryana, India |
To see the full peer comparison of Nashik Business Association, buy the company report.
Auditor
Nashik Business Association is audited by ZAWAR SOMANI AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ZAWAR SOMANI AND COMPANY | FY 2023 | 0124527W |
Shareholding
The shareholding of Nashik Business Association is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nashik Business Association, buy the company report.
Legal cases
No court or tribunal cases involving Nashik Business Association 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 Nashik Business Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nashik Business Association has 1 active EPFO establishment as of Nov 11, 2026.
GST
No GST registration is on our record for Nashik Business Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nashik Business Association has 12 board changes on record since 2024: 3 appointments and 9 cessations. The latest: Sandip Bhaurao Sonavane ceased to be Director on 31 Mar 2025.
3 earlier events are in the company report.
Frequently asked questions
Nashik Business Association is an active private not for profit company based in Niphad, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 02 June 2022 (4+ years old) and is registered under CIN U85300MH2022NPL384011.
Nashik Business Association has 3 current directors:
- Balasaheb Sitaram Ambre - Director
- Madhura Milind Kumbhejkar - Director
- Vikram Nilkanth Khairnar - Director
The latest financial statements of Nashik Business Association 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Nashik Business Association is U85300MH2022NPL384011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nashik Business Association was incorporated on 02 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nashik Business Association by revenue are Sushin Business Solutions Private Limited, Sydneypte Master Private Limited, Giid Innovations Private Limited, Digital Academy 360 Private Limited, Inversa Technosoft Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Sandip Bhaurao Sonavane ceased to be Director on 31 Mar 2025. Balasaheb Sitaram Ambre ceased to be Additional Director on 29 Sep 2024. Madhura Milind Kumbhejkar ceased to be Additional Director on 29 Sep 2024. Nashik Business Association has 12 board changes on record in total.
The registered office of Nashik Business Association is at Shop No. – 2, Yayati Colony, Niphad, Maharashtra, India – 422306.
Nashik Business Association operates in the education industry, in the corporate training and development segment.
Nashik Business Association can be reached at its registered office: Shop No. – 2, Yayati Colony, Niphad, Maharashtra, India – 422306.
Nashik Business Association is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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