About Netcore Skill Development Foundation
Data last updated:
Netcore Skill Development Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 22 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85191MH2015NPL271247.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pushpa Chandanmal Jain and Bhavana Rajesh Jain.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 304 Tulsiani Chambers 212 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.39 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹8.88 Lakh (net margin -6.4%) and EBITDA of ₹6.38 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company is associated with 2 brands: Netcore Cloud and Netcore.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netcore.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address304 Tulsiani Chambers 212 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEducation & Learing, Educational Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Netcore Skill Development Foundation
The business activities of Netcore Skill Development Foundation are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Netcore Skill Development Foundation FY 2025 filings available
Netcore Skill Development Foundation reported revenue of ₹1.39 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Netcore Skill Development Foundation
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 4% fall in the latest year. EBITDA fell 75% 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 of Netcore Skill Development Foundation
| 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 | ₹6.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.88 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Netcore Skill Development Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Netcore Skill Development Foundation are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Netcore Skill Development Foundation
Netcore Skill Development Foundation is compared with the companies closest to it by revenue in the Education industry (Skill Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Expert Skill Development Private Limited | ₹2.53 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Sirsa, Haryana, India |
| Meliorism Skill Development (OPC) Private Limited | ₹1.9 Cr (FY 2025) | •••• | •••• | 92.0% | •••• | Pandua, West Bengal, India |
| Ebenezer Skill Development Industry (OPC) Private Limited | ₹1.57 Cr (FY 2023) | •••• | •••• | 3715.0% | •••• | Hyderabad, Telangana, India |
| Neem Skill Development Foundation | ₹1.56 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Muradnagar, Uttar Pradesh, India |
| Rural Skill Development and Entrepreneurship Private Limited | ₹1.56 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Balangir, Odisha, India |
| Netcore Skill Development Foundation this company | ₹1.39 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Institute of Skill Development and Training Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Nashik, Maharashtra, India |
| Metamorphosis Engineering and Skill Development Services (OPC) Private Limited | ₹1.25 Cr (FY 2023) | •••• | •••• | 51.0% | •••• | Chennai, Tamil Nadu, India |
| Tamil Nadu Skill Development Corporation | ₹1.1 Cr (FY 2023) | •••• | •••• | 62.0% | •••• | Chennai, Tamil Nadu, India |
| Meritude Skill Development Private Limited | ₹1.09 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Hubli, Karnataka, India |
| Infrastructure Skill Development Academy | ₹99.13 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Netcore Skill Development Foundation by revenue in the Education industry (Skill Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Netcore Skill Development Foundation
Netcore Skill Development Foundation is audited by Vijay Mehta & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vijay Mehta & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Netcore Skill Development Foundation
Netcore Skill Development Foundation has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Chandanmal Jain | Director | 22 Dec 2015 | 10 Years 9 Months | Current |
| Bhavana Rajesh Jain Also directs: C M Jain Impex and Investments Private Limited, Netcore Private Limited, Free A Billion Private Limited and 5 more | Director | 22 Dec 2015 | 10 Years 9 Months | Current |
| Chandanmal Chunilal Jain | Director | 22 Dec 2015 | 10 Years 9 Months | Current |
| Rajesh Chandanmal Jain | Director | 22 Dec 2015 | 10 Years 9 Months | Current |
Ownership and Shareholding of Netcore Skill Development Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Netcore Skill Development Foundation
Netcore Skill Development Foundation does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Netcore Skill Development Foundation
Netcore Skill Development Foundation operates two associated brands: Netcore Cloud and Netcore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered customer engagement and omnichannel marketing platform is provided. | netcorecloud.com | |
| AI-powered customer engagement and marketing solutions are provided by Netcore Cloud for various industries. | netcore.co.in |
Employees and EPFO Compliance at Netcore Skill Development Foundation
Employment history and EPFO contributions of people linked to Netcore Skill Development Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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Recent Activity on Netcore Skill Development Foundation
Netcore Skill Development Foundation has 4 board changes on record since 2015: 4 appointments. The latest: Bhavana Rajesh Jain was appointed as Director on 22 Dec 2015.
Credit Ratings, Litigation & Regulatory Alerts for Netcore Skill Development Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Netcore Skill Development Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Netcore Skill Development Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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GST Compliance of Netcore Skill Development Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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MCA Filings & Documents of Netcore Skill Development Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Frequently Asked Questions about Netcore Skill Development Foundation
Netcore Skill Development Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 22 December 2015 (11+ years old) and is registered under CIN U85191MH2015NPL271247.
Netcore Skill Development Foundation reported revenue of ₹1.39 Cr for FY 2025 (down 4% YoY).
Netcore Skill Development Foundation has 4 current directors:
- Pushpa Chandanmal Jain - Director
- Bhavana Rajesh Jain - Director
- Chandanmal Chunilal Jain - Director
- Rajesh Chandanmal Jain - Director
Netcore Skill Development Foundation reported a net loss of ₹8.88 Lakh (net margin -6.4%) and EBITDA of ₹6.38 Lakh (EBITDA margin 4.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Netcore Skill Development Foundation is 6% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Netcore Skill Development Foundation is U85191MH2015NPL271247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netcore Skill Development Foundation was incorporated on 22 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Netcore Skill Development Foundation by revenue are Expert Skill Development Private Limited, Meliorism Skill Development (OPC) Private Limited, Ebenezer Skill Development Industry (OPC) Private Limited, Neem Skill Development Foundation, Rural Skill Development and Entrepreneurship Private Limited and 5 more, all in the Education industry (Skill Development).
Bhavana Rajesh Jain was appointed as Director on 22 Dec 2015. Chandanmal Chunilal Jain was appointed as Director on 22 Dec 2015. Pushpa Chandanmal Jain was appointed as Director on 22 Dec 2015. Netcore Skill Development Foundation has 4 board changes on record in total.
Netcore Skill Development Foundation can be reached through the website netcore.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Netcore Skill Development Foundation is at 304 Tulsiani Chambers 212 Nariman Point, Mumbai, Maharashtra, India – 400021.