- #1,320 Ankit Nagori ₹1,700 Cr

About Simply Sport Foundation
Data last updated:
Simply Sport Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 13 October 2020 and has been in existence for over 6 years.
Its director Ankit Nagori is #1,320 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2020NPL139740.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Kanika Agarwal and Ankit Nagori.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.96 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Cr (net margin -45.8%) and EBITDA of -₹1.34 Cr (EBITDA margin -45.4%). Revenue has grown at a compounded annual rate (CAGR) of 147% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simplysport.in.
Company details
Recognitions & Rankings of Simply Sport Foundation
Contact details
Simply Sport Foundation's registered office is in Bangalore, Karnataka. Its website is simplysport.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address42 2nd & 3rd Floor 100 Feet Rd Koramangala 4th Block, Koramangala, Bangalore, Karnataka, India – 560034
- IndustryEducation, Vocational & Skill Development Training
To see the full contact details of Simply Sport Foundation, 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
Business activity
The main business activity of Simply Sport 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 Simply Sport Foundation, buy the company report.
Financials of Simply Sport Foundation
FY 2025 filings availableSimply Sport Foundation reported revenue of ₹2.96 Cr (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 147% over three years, including 39% growth in the latest year. EBITDA rose 28% 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 |
|---|---|---|---|---|---|
| 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 | -₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.35 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -45.4% | ||||
| Net Profit Margin | -45.8% | ||||
| 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 Simply Sport Foundation, buy the company report.
Board of directors of Simply Sport Foundation
Simply Sport Foundation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanika Agarwal Also directs: Resolute Futurewave LLP, Everything Beautiful Interior Decor LLP, Ecommasters Global Solutions LLP and 2 more | Director | 01 Nov 2023 | 2 Years 11 Months | Current |
| Ankit Nagori | Director | 13 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Simply Sport Foundation is audited by AKK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKK & ASSOCIATES | FY 2023 | 013779S |
Shareholding
The shareholding of Simply Sport Foundation is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Simply Sport Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Simply Sport 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 Simply Sport Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Simply Sport Foundation has 1 active EPFO establishment as of Apr 04, 2024.
GST
No GST registration is on our record for Simply Sport Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Simply Sport Foundation has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Naduvattira Keshava Darshan ceased to be Director on 25 Mar 2024.
Frequently asked questions
Simply Sport Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 13 October 2020 (6+ years old) and is registered under CIN U85300KA2020NPL139740.
Simply Sport Foundation has 2 current directors:
- Kanika Agarwal - Director
- Ankit Nagori - Director
The latest financial statements of Simply Sport Foundation 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Simply Sport Foundation is U85300KA2020NPL139740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simply Sport Foundation was incorporated on 13 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Naduvattira Keshava Darshan ceased to be Director on 25 Mar 2024. Kanika Agarwal was appointed as Director on 01 Nov 2023. Rishabh Telang ceased to be Director on 09 Jun 2022. Simply Sport Foundation has 4 board changes on record in total.
Simply Sport Foundation can be reached through the website simplysport.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Simply Sport Foundation is at 42 2nd & 3rd Floor 100 Feet Rd Koramangala 4th Block, Koramangala, Bangalore, Karnataka, India – 560034.
Simply Sport Foundation operates in the education industry, in the vocational and skill development training segment.
The compliance status of Simply Sport Foundation is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.