About SPM Foundation
Data last updated:
SPM Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the higher education segment of the education and learning sector. It was incorporated on 04 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80301MH2009NPL192165. The company has 1 GST registration on record, which is no longer active.
It is led by directors including Dippal Sameer Shah and Rajen Shantilal Chheda.
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 1101 Krushal Commercial Complex G M Road Chembur, Mumbai, Maharashtra, India – 400089.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.85 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹9.78 Lakh (net margin 17.5%) and EBITDA of ₹10.44 Lakh (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 18% over five 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 spmfoundation.in.
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- TelephoneLocked
- Website
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- Registered Address1101 Krushal Commercial Complex G M Road Chembur, Mumbai, Maharashtra, India – 400089
- IndustryEducation & Learing, Higher Education
- 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
Financials of SPM Foundation FY 2024 filings available
SPM Foundation reported revenue of ₹55.85 Lakh (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of SPM Foundation
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 225% 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 SPM Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.78 Lakh | •••• | •••• | •••• | •••• |
| 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 of SPM Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.5% | •••• | •••• | •••• | •••• |
| 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 SPM Foundation are in the company report.
Financial statements from 2015
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.
Board of Directors of SPM Foundation
SPM Foundation has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dippal Sameer Shah Also directs: Samrudhi Lifescapes LLP, MPC Ventures LLP | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Rajen Shantilal Chheda | Director | 14 Dec 2020 | 5 Years 10 Months | Current |
| Muulraj Mavji Chheda | Director | 14 Dec 2020 | 5 Years 10 Months | Current |
Auditor Details of SPM Foundation
SPM Foundation is audited by KAGRANA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAGRANA & ASSOCIATES | 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.
Ownership and Shareholding of SPM 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 SPM Foundation
SPM Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at SPM Foundation
Employment history and EPFO contributions of people linked to SPM 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
Verified entity values are shown only after access is granted.
Recent Activity on SPM Foundation
SPM Foundation has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Pravin Bhimshi Chheda ceased to be Director on 23 Jan 2021.
Credit Ratings, Litigation & Regulatory Alerts for SPM 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
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by SPM 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
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of SPM Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of SPM Foundation
SPM Foundation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of SPM 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
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SPM Foundation
SPM Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in higher education, within the education and learning industry. It was incorporated on 04 May 2009 (17+ years old) and is registered under CIN U80301MH2009NPL192165.
SPM Foundation reported revenue of ₹55.85 Lakh for FY 2024 (down 40% YoY).
SPM Foundation has 3 current directors:
- Dippal Sameer Shah - Director
- Rajen Shantilal Chheda - Director
- Muulraj Mavji Chheda - Director
SPM Foundation reported a net profit of ₹9.78 Lakh (net margin 17.5%) and EBITDA of ₹10.44 Lakh (EBITDA margin 18.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of SPM Foundation is 12% over three years and 18% over five years. In the latest year (FY 2024) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
No. SPM Foundation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of SPM Foundation is U80301MH2009NPL192165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPM Foundation was incorporated on 04 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Pravin Bhimshi Chheda ceased to be Director on 23 Jan 2021. Dippal Sameer Shah ceased to be Additional Director on 30 Dec 2020. Muulraj Mavji Chheda ceased to be Additional Director on 30 Dec 2020. SPM Foundation has 9 board changes on record in total.
SPM Foundation can be reached through the website spmfoundation.in. Its registered office is in Mumbai, Maharashtra, India.