Devtaru Foundation
About Devtaru Foundation
Data last updated:
Devtaru Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the social work activities with accommodation segment of the non-profit sector. It was incorporated on 29 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85310PN2017NPL174071.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Sarweshwar Kulkarni and Dipika Sachin Ostwal.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Laxmi Narayan Angan Flat No. B – 1 Near P.L. Deshpande Garden Vitbhatti, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.79 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹10.41 Lakh (net margin -5.8%) and EBITDA of -₹3.06 Lakh (EBITDA margin -1.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devtaru Foundation's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressLaxmi Narayan Angan Flat No. B – 1 Near P.L. Deshpande Garden Vitbhatti, Pune, Maharashtra, India – 411030
- IndustryNon-Profit Organizations, Social Work Activities With Accommodation, Social Work
To see the full contact details of Devtaru Foundation, buy the company report.
- 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
Business activity
The main business activity of Devtaru Foundation is human health and social work activities. In detail, this covers residential care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 87 | Residential care activities |
To see the full business activity and turnover split of Devtaru Foundation, buy the company report.
Financials of Devtaru Foundation
FY 2024 filings availableDevtaru Foundation reported revenue of ₹1.79 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 75% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.06 Lakh | ||||
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| Net Profit (PAT) | -₹10.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -1.7% | ||||
| Net Profit Margin | -5.8% | ||||
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To see the full financial statements and ratios of Devtaru Foundation, buy the company report.
Board of directors of Devtaru Foundation
Devtaru Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Sarweshwar Kulkarni Also directs: Kolumbus Care Foundation | Director | 29 Dec 2017 | 8 Years 10 Months | Current |
| Dipika Sachin Ostwal Also directs: O S Industries Private Limited | Director | 09 Jul 2018 | 8 Years 4 Months | Current |
Peer comparison
Devtaru Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (residential care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phero Health Care Private Limited | ₹2.65 Cr (FY 2024) | 28.0% | New Delhi, Delhi, India | |||
| Skipper Healthcare Private Limited | ₹2.23 Cr (FY 2025) | -67.0% | Gurgaon, Haryana, India | |||
| Shraddha Test Tube Baby Center Private Limited | ₹2.08 Cr (FY 2024) | 87.0% | Baramati, Maharashtra, India | |||
| Kalpataru Sahaniwas Foundation | ₹1.89 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India | |||
| Adarsh Nursing Home and Stone Clinic Private Limited | ₹1.87 Cr (FY 2025) | -8.0% | Sri Ganganagar, Rajasthan, India | |||
| Devtaru Foundationthis company | ₹1.79 Cr (FY 2025) | -₹10.41 Lakh | -5.8% | 25.0% | Pune, Maharashtra, India | |
| Swarg Golden Age Care Foundation | ₹1.68 Cr (FY 2025) | 8034.0% | Vadodara, Gujarat, India | |||
| Khichar and Dular Hospitals Private Limited | ₹1.66 Cr (FY 2025) | -14.0% | Sikar, Rajasthan, India | |||
| Allercure Private Limited | ₹1.61 Cr (FY 2024) | 106.0% | Pune, Maharashtra, India | |||
| GNR Health Care Private Limited | ₹1.52 Cr (FY 2024) | Dharwad, Karnataka, India | ||||
| Finesse Aesthetic Private Limited | ₹1.45 Cr (FY 2025) | 69.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Devtaru Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Devtaru 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 Devtaru Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devtaru Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devtaru Foundation has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Chiti Ajay Kulkarni ceased to be Director on 09 Feb 2021.
Frequently asked questions
Devtaru Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in social work activities with accommodation, within the non-profit organizations industry. It was incorporated on 29 December 2017 (9+ years old) and is registered under CIN U85310PN2017NPL174071.
Devtaru Foundation has 2 current directors:
- Ajay Sarweshwar Kulkarni - Director
- Dipika Sachin Ostwal - Director
The latest financial statements of Devtaru Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Devtaru Foundation is U85310PN2017NPL174071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devtaru Foundation was incorporated on 29 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Devtaru Foundation by revenue are Phero Health Care Private Limited, Skipper Healthcare Private Limited, Shraddha Test Tube Baby Center Private Limited, Kalpataru Sahaniwas Foundation, Adarsh Nursing Home and Stone Clinic Private Limited and 5 more, all in the same principal business activity (residential care activities).
Chiti Ajay Kulkarni ceased to be Director on 09 Feb 2021. Dipika Sachin Ostwal was appointed as Director on 09 Jul 2018. Ajay Sarweshwar Kulkarni was appointed as Director on 29 Dec 2017.
The registered office of Devtaru Foundation is at Laxmi Narayan Angan Flat No. B – 1 Near P.L. Deshpande Garden Vitbhatti, Pune, Maharashtra, India – 411030.
Devtaru Foundation operates in the non-profit organizations industry, in the social work activities with accommodation segment.
The compliance status of Devtaru Foundation is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.
Devtaru Foundation can be reached at its registered office: Laxmi Narayan Angan Flat No. B – 1 Near P.L. Deshpande Garden Vitbhatti, Pune, Maharashtra, India – 411030.
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