India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #127 Ajay Piramal ₹26,800 Cr
- #299 Nirmal Bhanwarlal Jain ₹12,700 Cr
Revenue · FY 2025
₹259 Cr
▼ 26% YoY
Net loss · FY 2025
₹106 Cr
Net margin -40.9%
EBITDA · FY 2025
-₹95.83 Cr
EBITDA margin -37%
Company age
24 yrs
Est. 2002
Employees · EPFO
6,144
Provident fund records
Directors on board
15
As per MCA filings
GST registrations
1
None active
Brands
1
Associated brands
About Pratham Education Foundation
Data last updated:
Pratham Education Foundation is a public not for profit company based in Mumbai, Maharashtra, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 24 June 2002 and has been in existence for over 24 years.
Its director Ajay Piramal is #127 among India's richest people (2026). Its director Nirmal Bhanwarlal Jain is #299 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80101MH2002NPL136300. The company has 1 GST registration on record, which is no longer active.
It was formerly known as Pratham - India Education Initiative. It is led by directors including Nirmal Bhanwarlal Jain and Ajay Gopikisan Piramal.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹259 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹106 Cr (net margin -40.9%) and EBITDA of -₹95.83 Cr (EBITDA margin -37%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 6,144 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pratham Education Foundation. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pratham.org.
Company details
CIN U80101MH2002NPL136300
Registration Number 136300
Incorporation Date 24 June 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Pratham Education Foundation has one previous CIN (Corporate Identification Number): U80101MH2002PLC136300. The current CIN is U80101MH2002NPL136300, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80101MH2002NPL136300 | Current |
| U80101MH2002PLC136300 | Previous |
Key People
Sonny Iqbal Additional Director Nirmal Bhanwarlal Jain Director Ajay Gopikisan Piramal Director Recognitions & Rankings of Pratham Education Foundation
Contact details
Pratham Education Foundation's registered office is in Mumbai, Maharashtra. Its website is pratham.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2 4th Floor Yashwantrao Chavan Pratishthan General Jagannath Bhosale Marg Nariman, Point, Mumbai, Maharashtra, India – 400021
- IndustryEducation, Vocational & Skill Development Training
To see the full contact details of Pratham Education Foundation, buy the company report.
Comprehensive company report
Pratham Education Foundation - one report that includes everything
- 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
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Brands
Pratham Education Foundation operates one associated brand: Pratham Education Foundation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Educational quality in India is enhanced through scalable solutions. | pratham.org |
Financials of Pratham Education Foundation
FY 2024 filings availablePratham Education Foundation reported revenue of ₹259 Cr (down 26% YoY) for FY 2025.
Revenue · FY 2025
₹259 Cr ▼ 26%
Net loss · FY 2025
₹106 Cr margin -40.9%
EBITDA · FY 2025
-₹95.83 Cr margin -37%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 3%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 252%
3 years · compounded
▼ 69%
5 years · compounded
▼ 91%
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 252% 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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| Total Expenses | |||||
| EBITDA | -₹95.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹106 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37% | ||||
| Net Profit Margin | -40.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pratham Education Foundation, buy the company report.
Board of directors of Pratham Education Foundation
Pratham Education Foundation has 15 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonny Iqbal Also directs: Kintsukuroi Advisory LLP, Metro Brands Limited | Additional Director | 27 Jun 2025 | 1 Years 4 Months | Current |
| Nirmal Bhanwarlal Jain | Director | 27 Mar 2018 | 8 Years 7 Months | Current |
| Ajay Gopikisan Piramal | Director | 24 Jun 2002 | 24 Years 4 Months | Current |
| Arvind Singh Sanger | Director | 21 Oct 2009 | 17 Years 0 Months | Current |
| Sanjiv Malhotra Also directs: Kotak Mahindra Asset Management Company Limited | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
| Rukmini Banerji Also directs: Aser Centre | Director | 19 Jun 2015 | 11 Years 4 Months | Current |
Showing 6 of 15 current directors. View all directors
Peer comparison
Pratham Education Foundation is compared with the 6 companies closest to it by revenue in the Education industry (Education, Vocational Training), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mpta Education Limited | ₹293.88 Cr (FY 2019) | 84.0% | Pune, Maharashtra, India | |||
| JSS Education Foundation Private Limited | ₹279.94 Cr (FY 2024) | 14.0% | Mysore, Karnataka, India | |||
| Univo Education Private Limited | ₹261.12 Cr (FY 2025) | 62.0% | Delhi, India | |||
| Pratham Education Foundationthis company | ₹259 Cr (FY 2025) | -₹106 Cr | -40.9% | -26.0% | 6,144 | Mumbai, Maharashtra, India |
| Narayani Hospitality & Academic Institution Private Limited | ₹258.2 Cr (FY 2025) | 4.0% | Thane, Maharashtra, India | |||
| Miles Education Private Limited | ₹250.99 Cr (FY 2024) | 37.0% | Hyderabad, Telangana, India | |||
| Distil Education & Technology Private Limited | ₹241.36 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India |
To see the full peer comparison of Pratham Education Foundation, buy the company report.
Auditor
Pratham Education Foundation is audited by Walker Chandiok & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co. LLP | FY 2022 | 001076N/N500013 |
Shareholding
The shareholding of Pratham Education Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Pratham Education Foundation, buy the company report.
Legal cases
Pratham Education Foundation has 13 court cases on record: 1 filed by Pratham Education Foundation, 12 filed against it. 4 cases are pending and 9 are disposed.
Total cases
13
Filed by the company
1
Filed against the company
12
Pending
4
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 4 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fazilka, Punjab | Cheque dishonour complaint | Filed against the company by Ms Shriram Finance Limited | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Sakarni Plaster India Pvt Ltd | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Clix Capital Services Pvt Ltd | Disposed |
| District court, South, Delhi | Arbitration matter | Filed against the company by Perfect Capital Services Ltd. | Disposed |
| District court, East, Delhi | Criminal case | Filed against the company by The Bses Yamuna Power Ltd | Disposed |
To see the full case history of Pratham Education Foundation, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pratham Education Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pratham Education Foundation has a workforce of 6,144 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
6,144
Active EPFO establishments
2
Employee growth
1.49%
GST
Pratham Education Foundation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Pratham Education Foundation, buy the company report.
Recent activity
Pratham Education Foundation has 46 board changes on record since 2002: 18 appointments and 28 cessations. The latest: Dhiren Shethia was appointed as Additional Director on 02 Sep 2025.
Appointed
Dhiren Shethia was appointed as Additional Director.
Appointed
Sonny Iqbal was appointed as Additional Director.
AGM
Pratham Education Foundation last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Filing
Pratham Education Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Banmali Agrawala ceased to be Additional Director.
Appointed
Banmali Agrawala was appointed as Director.
Ceased
Sanjiv Malhotra ceased to be Additional Director.
Ceased
Aarthi Subramanian ceased to be Director.
Ceased
Neerja Birla ceased to be Director.
Appointed
Sanjiv Malhotra was appointed as Director.
Ceased
Deepak Dev Raj ceased to be Additional Director.
Ceased
Jalaj Ashwin Dani ceased to be Additional Director.
37 earlier events are in the company report.
Frequently asked questions
Pratham Education Foundation is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 24 June 2002 (24+ years old) and is registered under CIN U80101MH2002NPL136300.
Pratham Education Foundation has 15 current directors:
- Sonny Iqbal - Additional Director
- Nirmal Bhanwarlal Jain - Director
- Ajay Gopikisan Piramal - Director
- Arvind Singh Sanger - Director
- Sanjiv Malhotra - Director
- Rukmini Banerji - Director
- Deepak Dev Raj - Director
- Vibha Paul Rishi - Director
- Banmali Agrawala - Director
- Sanjay Omprakash Nayar - Director
- Madhav Yashwant Chavan - Director
- Jalaj Ashwin Dani - Director
- Dinyar Sohrab Devitre - Director
- Pramit Jhaveri - Director
- Dhiren Shethia - Additional Director
The latest financial statements of Pratham Education Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
No. Pratham Education Foundation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pratham Education Foundation is U80101MH2002NPL136300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pratham Education Foundation has 13 court cases on record: 1 filed by the company and 12 filed against it. 4 are pending.
Pratham Education Foundation was incorporated on 24 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pratham Education Foundation by revenue are Mpta Education Limited, JSS Education Foundation Private Limited, Univo Education Private Limited, Narayani Hospitality & Academic Institution Private Limited, Miles Education Private Limited and 1 more, all in the Education industry (Education, Vocational Training), with the same principal business activity (educational support services).
Dhiren Shethia was appointed as Additional Director on 02 Sep 2025. Sonny Iqbal was appointed as Additional Director on 27 Jun 2025. Banmali Agrawala ceased to be Additional Director on 28 Sep 2021. Pratham Education Foundation has 46 board changes on record in total.
Pratham Education Foundation can be reached through the website pratham.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pratham Education Foundation is at 2 4th Floor Yashwantrao Chavan Pratishthan General Jagannath Bhosale Marg Nariman, Point, Mumbai, Maharashtra, India – 400021.
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