Ugam Education Foundation
About Ugam Education Foundation
Data last updated:
Ugam Education Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 15 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2015NPL265577.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lopa Milind Gandhi and Milind Hasmukh Gandhi.
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 1001 Crescent Heights V N Naik Marg Forjett Street, Mumbai, Maharashtra, India – 400036.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.98 Cr, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Cr (net margin 44.6%) and EBITDA of ₹1.79 Cr (EBITDA margin 44.8%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years and 59% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1001 Crescent Heights V N Naik Marg Forjett Street, Mumbai, Maharashtra, India – 400036
- IndustryEducation & Learing, Educational Support Services
- 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
Business Activity of Ugam Education Foundation
The business activities of Ugam Education Foundation are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ugam Education Foundation FY 2025 filings available
Ugam Education Foundation reported revenue of ₹3.98 Cr (up 123% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ugam Education Foundation
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 123% growth in the latest year. EBITDA rose 424% 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 Ugam Education 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.78 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 of Ugam Education Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 44.6% | •••• | •••• | •••• | •••• |
| 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 Ugam Education Foundation are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Ugam Education Foundation
Ugam Education Foundation is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Albatross Student Education Private Limited | ₹3.99 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Shimla, Himachal Pradesh, India |
| Neet Advisor Private Limited | ₹3.99 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Kidvento Education and Research Private Limited | ₹3.99 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Mysore, Karnataka, India |
| Study Vault Education Private Limited | ₹3.99 Cr (FY 2023) | •••• | •••• | 112.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Amaira Books Private Limited | ₹3.99 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | New Delhi, Delhi, India |
| Ugam Education Foundation this company | ₹3.98 Cr (FY 2024) | •••• | •••• | 123.0% | •••• | Mumbai, Maharashtra, India |
| Jigsaw Academy Education Private Limited | ₹3.95 Cr (FY 2025) | •••• | •••• | -77.0% | •••• | Bangalore, Karnataka, India |
| Target Institute of Medical Education and Research Private Limited | ₹3.95 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
| Setrap Education Services Private Limited | ₹3.93 Cr (FY 2025) | •••• | •••• | 166.0% | •••• | New Delhi, Delhi, India |
| Sudhir Shivaram Photography Private Limited | ₹3.93 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Medtigo India Private Limited | ₹3.93 Cr (FY 2024) | •••• | •••• | 655.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ugam Education Foundation by revenue in the Ecommerce and Internet industry (Education), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ugam Education Foundation
Ugam Education Foundation is audited by JIGAR M SHAH & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JIGAR M SHAH & 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.
Board of Directors of Ugam Education Foundation
Ugam Education Foundation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lopa Milind Gandhi | Director | 15 Jun 2015 | 11 Years 4 Months | Current |
| Milind Hasmukh Gandhi Also directs: Ruvala & Associates LLP, Gandhi & Associates LLP | Director | 15 Jun 2015 | 11 Years 4 Months | Current |
| Niraj Madhav Lele | Director | 14 Nov 2018 | 7 Years 11 Months | Current |
Ownership and Shareholding of Ugam Education 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 Ugam Education Foundation
Ugam Education Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ugam Education Foundation
Employment history and EPFO contributions of people linked to Ugam Education 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 Ugam Education Foundation
Ugam Education Foundation has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Niraj Madhav Lele ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Ugam Education 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 Ugam Education 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 Ugam Education 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 Ugam Education Foundation
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 Ugam Education 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 Ugam Education Foundation
Ugam Education Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 15 June 2015 (11+ years old) and is registered under CIN U80904MH2015NPL265577.
Ugam Education Foundation reported revenue of ₹3.98 Cr for FY 2024 (up 123% YoY).
Ugam Education Foundation has 3 current directors:
- Lopa Milind Gandhi - Director
- Milind Hasmukh Gandhi - Director
- Niraj Madhav Lele - Director
Ugam Education Foundation reported a net profit of ₹1.78 Cr (net margin 44.6%) and EBITDA of ₹1.79 Cr (EBITDA margin 44.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ugam Education Foundation is 78% over three years and 59% over five years. In the latest year (FY 2024) revenue rose 123%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ugam Education Foundation is U80904MH2015NPL265577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ugam Education Foundation was incorporated on 15 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ugam Education Foundation by revenue are Albatross Student Education Private Limited, Neet Advisor Private Limited, Kidvento Education and Research Private Limited, Study Vault Education Private Limited, Amaira Books Private Limited and 5 more, all in the Ecommerce and Internet industry (Education).
Niraj Madhav Lele ceased to be Additional Director on 31 Dec 2020. Niraj Madhav Lele was appointed as Director on 14 Nov 2018. Lopa Milind Gandhi was appointed as Director on 15 Jun 2015. Ugam Education Foundation has 4 board changes on record in total.
The registered office of Ugam Education Foundation is at 1001 Crescent Heights V N Naik Marg Forjett Street, Mumbai, Maharashtra, India – 400036.
Ugam Education Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.