India's Richest People 2026 edition · 1 director · Source: Hurun India
- #99 Niranjan Hiranandani ₹33,000 Cr
Thriveni Academy Foundation & Development Centre
Thriveni Academy Foundation & Development Centre - education & learing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Not For Profit Company education and learing
Revenue · FY 2025
₹5 Cr
▲ 14% YoY
Net profit · FY 2025
₹72.93 Lakh
Net margin 14.6%
EBITDA · FY 2025
₹76.28 Lakh
EBITDA margin 15.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Thriveni Academy Foundation & Development Centre
Data last updated:
Thriveni Academy Foundation & Development Centre is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the education and training segment of the education and learning sector. It was incorporated on 27 April 2017 and has been in existence for over 9 years.
Its director Niranjan Hiranandani is #99 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2017NPL294415. Its GSTIN is 33AAGCT2357J1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Niranjan Lakhumal Hiranandani and Shridhar Narayan.
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 514 Dalamal Towers 211 Fpj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹5 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹72.93 Lakh (net margin 14.6%) and EBITDA of ₹76.28 Lakh (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Thriveni Academy Foundation & Development Centre
CIN U80904MH2017NPL294415
Registration Number 294415
Incorporation Date 27 April 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Thriveni Academy Foundation & Development Centre
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address514 Dalamal Towers 211 Fpj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEducation & Learing, Education, Education Itraining
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Business Activity of Thriveni Academy Foundation & Development Centre
The main business activity of Thriveni Academy Foundation & Development Centre is education. In detail, this covers primary & secondary education services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Thriveni Academy Foundation & Development Centre FY 2025 filings available
Thriveni Academy Foundation & Development Centre reported revenue of ₹5 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹5 Cr ▲ 14%
Net profit · FY 2025
₹72.93 Lakh margin 14.6%
EBITDA · FY 2025
₹76.28 Lakh margin 15.2%
Compounded Annual Growth Rate (CAGR) of Thriveni Academy Foundation & Development Centre
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 19%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 29%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 14% growth in the latest year. EBITDA rose 105% 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 Thriveni Academy Foundation & Development Centre
| 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 | ₹76.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹72.93 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 Thriveni Academy Foundation & Development Centre
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.6% | •••• | •••• | •••• | •••• |
| 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 Thriveni Academy Foundation & Development Centre are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Thriveni Academy Foundation & Development Centre
Thriveni Academy Foundation & Development Centre has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Lakhumal Hiranandani Also directs: Sindhudurg Plantations LLP, Deogad Horticulture and Industries LLP, Iresh Agro LLP and 5 more | Director | 15 Jun 2017 | 9 Years 4 Months | Current |
| Shridhar Narayan Also directs: Hiranandani Greenbase Infrastructure Private Limited, Hipl Universal LLP, Shreenath Lifestyle Private Limited and 5 more | Director | 04 Oct 2019 | 7 Years 0 Months | Current |
Peer Comparison of Thriveni Academy Foundation & Development Centre
Thriveni Academy Foundation & Development Centre is compared with the companies closest to it by revenue in the same principal business activity (Primary & Secondary Education services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Robofun Lab Private Limited | ₹5.16 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Surat, Gujarat, India |
| Shivjyoti Education and Consulting Private Limited | ₹5.14 Cr (FY 2024) | •••• | •••• | 216.0% | •••• | Kota, Rajasthan, India |
| Global Classroom Private Limited | ₹5.07 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Lucknow, Uttar Pradesh, India |
| CTD Private Limited | ₹5.03 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| New Standard Skill Foundation | ₹5.01 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Lucknow, Uttar Pradesh, India |
| Thriveni Academy Foundation & Development Centre this company | ₹5 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| M M Dawn Education Private Limited | ₹4.94 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Learn With Fraternity Private Limited | ₹4.91 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Noida, Uttar Pradesh, India |
| Rustomjee Academy for Global Careers Private Limited | ₹4.91 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Little Bo-Peep School Private Limited | ₹4.9 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Gfe Business Services Private Limited | ₹4.89 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Thriveni Academy Foundation & Development Centre by revenue in the same principal business activity (Primary & Secondary Education services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Thriveni Academy Foundation & Development Centre
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Shareholding and ownership data
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Charges & Borrowings of Thriveni Academy Foundation & Development Centre
Thriveni Academy Foundation & Development Centre does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thriveni Academy Foundation & Development Centre
Employment history and EPFO contributions of people linked to Thriveni Academy Foundation & Development Centre.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Thriveni Academy Foundation & Development Centre
Thriveni Academy Foundation & Development Centre has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Shridhar Narayan ceased to be Additional Director on 24 Dec 2020.
AGM
Thriveni Academy Foundation & Development Centre last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thriveni Academy Foundation & Development Centre has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Shridhar Narayan ceased to be Additional Director.
Ceased
Arun Vasu Shetty ceased to be Director.
Appointed
Shridhar Narayan was appointed as Director.
Ceased
Niranjan Lakhumal Hiranandani ceased to be Additional Director.
Ceased
Jackbastian Kaitan Nazareth ceased to be Director.
Appointed
Niranjan Lakhumal Hiranandani was appointed as Director.
Incorporation
27 Apr 2017
Thriveni Academy Foundation & Development Centre was registered on 27 Apr 2017 with Roc Mumbai & aged 9 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Thriveni Academy Foundation & Development Centre
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MSME Payment Delays by Thriveni Academy Foundation & Development Centre
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Subsidiaries & Group Companies of Thriveni Academy Foundation & Development Centre
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GST Compliance of Thriveni Academy Foundation & Development Centre
Thriveni Academy Foundation & Development Centre has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCT2357J1Z9 | Tamil Nadu | Active | 10 Oct 2017 |
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MCA Filings & Documents of Thriveni Academy Foundation & Development Centre
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Frequently Asked Questions about Thriveni Academy Foundation & Development Centre
Thriveni Academy Foundation & Development Centre is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in education, within the education and learning industry. It was incorporated on 27 April 2017 (9+ years old) and is registered under CIN U80904MH2017NPL294415.
Thriveni Academy Foundation & Development Centre reported revenue of ₹5 Cr for FY 2025 (up 14% YoY).
Thriveni Academy Foundation & Development Centre has 2 current directors:
- Niranjan Lakhumal Hiranandani - Director
- Shridhar Narayan - Director
Thriveni Academy Foundation & Development Centre reported a net profit of ₹72.93 Lakh (net margin 14.6%) and EBITDA of ₹76.28 Lakh (EBITDA margin 15.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thriveni Academy Foundation & Development Centre is 19% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thriveni Academy Foundation & Development Centre is 33AAGCT2357J1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thriveni Academy Foundation & Development Centre is U80904MH2017NPL294415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thriveni Academy Foundation & Development Centre was incorporated on 27 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Thriveni Academy Foundation & Development Centre by revenue are Robofun Lab Private Limited, Shivjyoti Education and Consulting Private Limited, Global Classroom Private Limited, CTD Private Limited, New Standard Skill Foundation and 5 more, all in the same principal business activity (Primary & Secondary Education services).
Shridhar Narayan ceased to be Additional Director on 24 Dec 2020. Arun Vasu Shetty ceased to be Director on 07 Oct 2019. Shridhar Narayan was appointed as Director on 04 Oct 2019. Thriveni Academy Foundation & Development Centre has 6 board changes on record in total.
The registered office of Thriveni Academy Foundation & Development Centre is at 514 Dalamal Towers 211 Fpj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.