India's Richest People 2026 edition · 1 director · Source: Hurun India
- #41 Anand Mahindra & family ₹61,000 Cr
Revenue · FY 2026
₹23.9 Cr
▼ 47% YoY
Net loss · FY 2026
₹5.18 Cr
Net margin -21.7%
EBITDA · FY 2026
-₹1.9 Cr
EBITDA margin -8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
342
Provident fund records
Directors on board
3
As per MCA filings
About Tech Mahindra Foundation
Data last updated:
Tech Mahindra Foundation is a public not for profit company based in Mumbai, Maharashtra, India, a subsidiary of Tech Mahindra Limited. It operates in the primary and secondary education segment of the education and learning sector. It was incorporated on 22 March 2006 and has been in existence for over 20 years.
Its director Anand Mahindra and family are #41 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85310MH2006NPL160651. Its GSTIN is 27AACCT4802C1ZR (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mohit Joshi and Anand Gopal Mahindra.
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Oberoi Gardens Estate Chandivali Off Saki Vihar Rd. Road Andheri East, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2026, the company reported a revenue of ₹23.9 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹5.18 Cr (net margin -21.7%) and EBITDA of -₹1.9 Cr (EBITDA margin -8%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 19% over five years.
The company has about 342 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Tech Mahindra Foundation, SMART Academy and Tech Mahindra.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techmahindrafoundation.org.
Company details
CIN U85310MH2006NPL160651
Registration Number 160651
Incorporation Date 22 March 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 July 2025
Date of Balance Sheet 31 March 2026
Parent Company Tech Mahindra Limited
Compliance Status Active Compliant
CIN history
Tech Mahindra Foundation has one previous CIN (Corporate Identification Number): U85310MH2006PLC160651. The current CIN is U85310MH2006NPL160651, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85310MH2006NPL160651 | Current |
| U85310MH2006PLC160651 | Previous |
Recognitions & Rankings of Tech Mahindra Foundation
Contact details
Tech Mahindra Foundation's registered office is in Mumbai, Maharashtra. Its website is techmahindrafoundation.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOberoi Gardens Estate Chandivali Off Saki Vihar Rd. Road Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryEducation & Learing, Primary & Secondary Education
To see the full contact details of Tech Mahindra Foundation, buy the company report.
Comprehensive company report
Tech Mahindra 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
Tech Mahindra Foundation operates multiple associated brands including Tech Mahindra Foundation, SMART Academy, and Tech Mahindra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Education and employability initiatives are focused on empowerment in India. | techmahindrafoundation.org | |
| Provider of data analytics, cloud management, and business process outsourcing services | techmahindra.com | |
| Skill development in healthcare, digital technologies, and logistics is provided through SMART Academy in India. | smart-academy.in |
Business activity
The main business activity of Tech Mahindra Foundation is education. In detail, this covers primary & secondary education services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services |
Financials of Tech Mahindra Foundation
FY 2026 filings availableTech Mahindra Foundation reported revenue of ₹23.9 Cr (down 47% YoY) for FY 2026.
Revenue · FY 2026
₹23.9 Cr ▼ 47%
Net loss · FY 2026
₹5.18 Cr margin -21.7%
EBITDA · FY 2026
-₹1.9 Cr margin -8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 26%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▲ 89%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 47% fall in the latest year. EBITDA rose 89% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.9 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.18 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8% | ||||
| Net Profit Margin | -21.7% | ||||
| 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 Tech Mahindra Foundation, buy the company report.
Board of directors of Tech Mahindra Foundation
Tech Mahindra Foundation has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Joshi Also directs: Tech Mahindra Limited, Mahindra Educational Institutions | Director | 26 Oct 2023 | 3 Years 0 Months | Current |
| Anand Gopal Mahindra Also directs: Gotham Park Projects LLP, Tech Mahindra Limited, Mahindra and Mahindra Limited and 5 more | Director | 19 Apr 2007 | 19 Years 6 Months | Current |
| Anish Dilip Shah Also directs: Tech Mahindra Limited, Mahindra and Mahindra Limited, Mahindra Lifespace Developers Limited and 4 more | Director | 27 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Tech Mahindra Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (primary & secondary education services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kangaroo Kids Education Limited | ₹53.44 Cr (FY 2020) | 21.0% | Mumbai, Maharashtra, India | |||
| India Infoline Foundation | ₹51.08 Cr (FY 2025) | 69.0% | Mumbai, Maharashtra, India | |||
| Evangelical Trust Association of South India. | ₹50.11 Cr (FY 2025) | -20.0% | Bangalore, Karnataka, India | |||
| Lotus Valley Academic Foundation | ₹49.56 Cr (FY 2019) | 9.0% | New Delhi, Delhi, India | |||
| The Mahindra United World College of India | ₹46.67 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Unique Institute of Higher Learning Private Limited | ₹44.15 Cr (FY 2025) | 61.0% | Pune, Maharashtra, India | |||
| Edu Vantage Private Limited | ₹43.85 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Edunewron Services Private Limited | ₹43.76 Cr (FY 2025) | 84.0% | Bhubaneshwar, Odisha, India | |||
| Arihant Academy Limited | ₹42.52 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Learnhill Technologies Private Limited | ₹42.46 Cr (FY 2025) | 112.0% | Guwahati, Assam, India | |||
| Tech Mahindra Foundationthis company | ₹23.9 Cr (FY 2026) | -₹5.18 Cr | -21.7% | -47.0% | 342 | Mumbai, Maharashtra, India |
To see the full peer comparison of Tech Mahindra Foundation, buy the company report.
Auditor
Tech Mahindra Foundation is audited by B.K. Khare & Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.K. Khare & Co. | FY 2026 | 105102W |
Shareholding
The shareholding of Tech Mahindra Foundation is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tech Mahindra Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Tech Mahindra 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 Tech Mahindra Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tech Mahindra Foundation has a workforce of 342 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
342
Active EPFO establishments
1
Employee growth
2.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 342 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Tech Mahindra Foundation, buy the company report.
GST
Tech Mahindra Foundation has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT4802C1ZR | Maharashtra | Active | 01 Sep 2019 |
| 03AACCT4802C1Z1 | Punjab | Active | 01 Sep 2019 |
| 07AACCT4802C1ZT | Delhi | Active | 01 Sep 2019 |
| 37AACCT4802C1ZQ | Andhra Pradesh | Active | 23 Sep 2019 |
To see the full GST registrations and return filing status of Tech Mahindra Foundation, buy the company report.
Recent activity
Tech Mahindra Foundation has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Mohit Joshi ceased to be Additional Director on 24 Jul 2024.
Filing
Tech Mahindra Foundation has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Tech Mahindra Foundation last Annual general meeting of members was held on 17 Jul 2025 as per latest MCA records.
Ceased
Mohit Joshi ceased to be Additional Director.
Appointed
Mohit Joshi was appointed as Director.
Ceased
Anish Dilip Shah ceased to be Additional Director.
Appointed
Anish Dilip Shah was appointed as Director.
Ceased
Chander Prakash Gurnani ceased to be Additional Director.
Ceased
Rajyalakshmi Meka Rao ceased to be Additional Director.
Ceased
Keshub Mahindra ceased to be Additional Director.
Ceased
Ulhas Narayan Yargop ceased to be Additional Director.
Ceased
Anand Gopal Mahindra ceased to be Additional Director.
Ceased
Vineet Nayyar ceased to be Additional Director.
2 earlier events are in the company report.
News
Frequently asked questions
Tech Mahindra Foundation is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in primary and secondary education, within the education and learning industry. It was incorporated on 22 March 2006 (20+ years old) and is registered under CIN U85310MH2006NPL160651.
Tech Mahindra Foundation has 3 current directors:
- Mohit Joshi - Director
- Anand Gopal Mahindra - Director
- Anish Dilip Shah - Director
The latest financial statements of Tech Mahindra Foundation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tech Mahindra Foundation is 27AACCT4802C1ZR, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 03AACCT4802C1Z1 (Punjab), 07AACCT4802C1ZT (Delhi), 37AACCT4802C1ZQ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Tech Mahindra Foundation is U85310MH2006NPL160651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech Mahindra Foundation was incorporated on 22 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tech Mahindra Foundation by revenue are Kangaroo Kids Education Limited, India Infoline Foundation, Evangelical Trust Association of South India, Lotus Valley Academic Foundation, The Mahindra United World College of India and 5 more, all in the same principal business activity (primary & secondary education services).
Mohit Joshi ceased to be Additional Director on 24 Jul 2024. Mohit Joshi was appointed as Director on 26 Oct 2023. Anish Dilip Shah ceased to be Additional Director on 26 Jul 2023. Tech Mahindra Foundation has 11 board changes on record in total.
Tech Mahindra Foundation can be reached through the website techmahindrafoundation.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tech Mahindra Foundation is at Oberoi Gardens Estate Chandivali Off Saki Vihar Rd. Road Andheri East, Mumbai, Maharashtra, India – 400072.
Tech Mahindra Foundation operates in the education and learning industry, in the primary and secondary education segment.
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