Madison Resource Foundation - Due diligence report

A 360° intelligence report on Madison Resource Foundation: trust score, financial health, credit view, compliance, directors, growth and dis…

2003-01-14 Mumbai, Maharashtra Active Unlisted Active Compliant
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MR Madison Resource Foundation
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Madison Resource Foundation — 360° Intelligence Report

Generated from MCA filings & public records
84/100
Trust Score
Low Risk

Madison Resource Foundation is assessed as Low Risk with a Trust Score of 84/100. Madison Resource Foundation is an active public not for profit company incorporated in 2003, operating in the Education sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 07 Jul 2026 from the latest processed filings. Madison Resource Foundation snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
84/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
HOMAI SAM BALSARA 01234567 Director 01/04/2018 6 yrs Approved
KAIZAD KHURSHED VAJIFDAR 01234567 Director 01/04/2018 6 yrs Approved
SOLI BOMANJI BULSARA 01234567 Director 01/04/2018 6 yrs Approved
LARA BALSARA VAJIFDAR 01234567 Director 01/04/2018 6 yrs Approved
SAM BAMAN BALSARA 01234567 Director 01/04/2018 6 yrs Approved
TANYA SAM BALSARA 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Latest year revenue grew 1.42.
Asset base grew 2.1x - capacity expansion.
Operating for 23+ years.
Distress signals & risk flags
Losses deepening year-on-year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence88/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
29 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
02 Dec 2016
Director ceased
RAMESH NARAYAN
Director ceased
IVAN NOEL ARTHUR
Director ceased
SYEDA IMAM
Director ceased
SUMANTRA SUBHAS GHOSAL
Director ceased
KAWAL AHLUWALIA MOHAN SINGH
Director ceased
PIYUSH INDERNARAYAN PANDEY
21 Nov 2016
Director ceased
GERSON DA CUNHA
09 Nov 2016
Director appointed
HOMAI SAM BALSARA (Director)
Director appointed
KAIZAD KHURSHED VAJIFDAR (Director)
Director appointed
SOLI BOMANJI BULSARA (Director)
Director appointed
LARA BALSARA VAJIFDAR (Director)
Director appointed
TANYA SAM BALSARA (Director)
07 Jun 2015
Director ceased
MAHINDER KUMAR KHANNA
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 active director(s) / partner(s); board looks stable and experienced.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Future Multi Trade Private Limited U72200BR2009PTC014254 Saran, Bihar, India
Institute Of Pharmaceutical & Healthcare Management And Rese U85110WB2005GAP105221 Kolkata, West Bengal, India
Prajna Wisdom Circle Private Limited U80904KA2019PTC124407 Bangalore, Karnataka, India
Shashwat Schools Private Limited U74999OR2017PTC026278 Cuttack, Orissa, India
Acaex Learning Solutions Private Limited U80904KA2018PTC111917 Bangalore, Karnataka, India
Sprouts Edutainment Private Limited U74900PY2010PTC002441 Pondicherry, Pondicherry, India
Seedschools U80900TG2013FTC101515 Serilingampally, Telangana, India
Swargiya Shanti Singh Memorial Foundation U80904UP2017NPL094808 Lucknow, Uttar Pradesh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Madison Resource Foundation before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Madison Resource Foundation: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Madison Resource Foundation - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 84/100, distress signals and MSME payment-delay disclosures - know whether Madison Resource Foundation pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Madison Resource Foundation - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Madison Resource Foundation an active company?

Madison Resource Foundation has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Madison Resource Foundation financially healthy?

Madison Resource Foundation has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Madison Resource Foundation?

Its overall Trust Score is 84/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Madison Resource Foundation?

See the directors and ownership sections above for board and shareholding detail. 6 active director(s) are on record.

Does Madison Resource Foundation have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Madison Resource Foundation up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Madison Resource Foundation?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.