Lagni Foundation
About Lagni Foundation
Data last updated:
Lagni Foundation is a private not for profit company based in Vadodara, Gujarat, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 06 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017NPL099678.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kirti Premraj Jain and Minu Girish Hirode.
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 A – 1 Samarpan Housing Complex B/H Raneshwar Temple Vasna Road, Vadodara, Gujarat, India – 390020.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.06 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹4.79 Lakh (net margin 4.5%) and EBITDA of ₹5.22 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 1 Samarpan Housing Complex B/H Raneshwar Temple Vasna Road, Vadodara, Gujarat, India – 390020
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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 Lagni Foundation
The main business activity of Lagni Foundation is hospital and medical care. In detail, this covers residential care for elderly, disabled and other ailments.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q4 | Residential care for elderly, disabled and other ailments | 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 Lagni Foundation FY 2025 filings available
Lagni Foundation reported revenue of ₹1.06 Cr (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Lagni Foundation
Revenue has grown at a compounded annual rate (CAGR) of 70% over three years, including 66% growth in the latest year. EBITDA fell 48% 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 Lagni 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 | ₹5.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.79 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 Lagni Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Lagni Foundation are in the company report.
Financial statements from FY 2018
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.
Board of Directors of Lagni Foundation
Lagni Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirti Premraj Jain | Director | 06 Nov 2017 | 8 Years 11 Months | Current |
| Minu Girish Hirode | Director | 06 Nov 2017 | 8 Years 11 Months | Current |
Peer Comparison of Lagni Foundation
Lagni Foundation is compared with the companies closest to it by revenue in the same principal business activity (Residential care for elderly, disabled and other ailments). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Heliyac Healthcare Private Limited | ₹1.52 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Poothurai Village, Vanur Taluk, Tamil Nadu, India |
| Keystone Human Services India Association | ₹1.35 Cr (FY 2025) | •••• | •••• | 38005.0% | •••• | New Delhi, Delhi, India |
| Wegomeds Health Care Private Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Sunshine Healthcare Services (India) Private Limited | ₹1.23 Cr (FY 2024) | •••• | •••• | -71.0% | •••• | Mumbai, Maharashtra, India |
| Classic Care Assist Private Limited | ₹1.1 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Lagni Foundation this company | ₹1.06 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Vadodara, Gujarat, India |
| Sevarat Healthcare and Nursing Private Limited | ₹99.99 Lakh (FY 2023) | •••• | •••• | -5.0% | •••• | Bardez, Goa, India |
| 365 Care Brothers Private Limited | ₹90.05 Lakh (FY 2025) | •••• | •••• | 364.0% | •••• | Delhi, India |
| Sheela Hospitals Private Limited | ₹81.59 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Coimbatore, Tamil Nadu, India |
| SM Learning Skills Academy for Special Needs Private Limited | ₹80.94 Lakh (FY 2024) | •••• | •••• | 133.0% | •••• | Gurgaon, Haryana, India |
| Tirunagari Health Services (OPC) Private Limited | ₹75.54 Lakh (FY 2019) | •••• | •••• | 81.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Lagni Foundation by revenue in the same principal business activity (Residential care for elderly, disabled and other ailments), 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 Lagni 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 Lagni Foundation
Lagni Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Lagni Foundation
Employment history and EPFO contributions of people linked to Lagni 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 Lagni Foundation
Lagni Foundation has 2 board changes on record since 2017: 2 appointments. The latest: Kirti Premraj Jain was appointed as Director on 06 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Lagni 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 Lagni 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 Lagni 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 Lagni 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 Lagni 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 Lagni Foundation
Lagni Foundation is an active private not for profit company based in Vadodara, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 06 November 2017 (9+ years old) and is registered under CIN U74999GJ2017NPL099678.
Lagni Foundation reported revenue of ₹1.06 Cr for FY 2024 (up 66% YoY).
Lagni Foundation has 2 current directors:
- Kirti Premraj Jain - Director
- Minu Girish Hirode - Director
Lagni Foundation reported a net profit of ₹4.79 Lakh (net margin 4.5%) and EBITDA of ₹5.22 Lakh (EBITDA margin 4.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lagni Foundation is 70% over three years. In the latest year (FY 2024) revenue rose 66%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Lagni Foundation is U74999GJ2017NPL099678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lagni Foundation was incorporated on 06 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lagni Foundation by revenue are Heliyac Healthcare Private Limited, Keystone Human Services India Association, Wegomeds Health Care Private Limited, Sunshine Healthcare Services (India) Private Limited, Classic Care Assist Private Limited and 5 more, all in the same principal business activity (Residential care for elderly, disabled and other ailments).
Kirti Premraj Jain was appointed as Director on 06 Nov 2017. Minu Girish Hirode was appointed as Director on 06 Nov 2017.
The registered office of Lagni Foundation is at A – 1 Samarpan Housing Complex BH Raneshwar Temple Vasna Road, Vadodara, Gujarat, India – 390020.
Lagni Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.