Manovedh Development Foundation
About Manovedh Development Foundation
Data last updated:
Manovedh Development Foundation is a private not for profit company based in Nashik, Maharashtra, India. It operates in the healthcare services segment of the healthcare sector. It was incorporated on 30 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2019NPL324726.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹40,000. It is led by directors including Archana Vaibhav Kulkarni and Yogesh Amritlal Bhavsar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 8 – Omkar – Bunglow Bramhagiri Soc. Jail Road Ground Fl Ns, Nashik, Maharashtra, India – 422101.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.34 Lakh, a growth of 59% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Lakh (net margin -66.9%) and EBITDA of -₹53,098 (EBITDA margin -22.7%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Manovedh Development Foundation's registered office is in Nashik, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address8 – Omkar – Bunglow Bramhagiri Soc. Jail Road Ground Fl Ns, Nashik, Maharashtra, India – 422101
- IndustryHealthcare, Human Health Activities
To see the full contact details of Manovedh Development 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 Manovedh Development Foundation is education. In detail, this covers sports, recreation, cultural and other education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of Manovedh Development Foundation, buy the company report.
Financials of Manovedh Development Foundation
FY 2023 filings availableManovedh Development Foundation reported revenue of ₹2.34 Lakh (up 59% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 59% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 182% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹53,098 | |||
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| Net Profit (PAT) | -₹1.57 Lakh | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| EBITDA Margin | -22.7% | |||
| Net Profit Margin | -66.9% | |||
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To see the full financial statements and ratios of Manovedh Development Foundation, buy the company report.
Board of directors of Manovedh Development Foundation
Manovedh Development Foundation has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Vaibhav Kulkarni | Director | 11 Feb 2021 | 5 Years 8 Months | Current |
| Yogesh Amritlal Bhavsar | Director | 30 Apr 2019 | 7 Years 6 Months | Current |
| Vrushali Amol Kulkarni | Director | 30 Apr 2019 | 7 Years 6 Months | Current |
| Amol Ram Kulkarni | Director | 30 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Manovedh Development Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (sports, recreation, cultural and other education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Worldwide Empowerment Foundation | ₹2.4 Lakh (FY 2024) | 7.0% | Ghaziabad, Uttar Pradesh, India | |||
| Sportsed Revolution Academy | ₹2.37 Lakh (FY 2021) | -66.0% | New Delhi, Delhi, India | |||
| Sadguru Ram Mohan Shakti Foundation | ₹2.37 Lakh (FY 2025) | -37.0% | Gwalior, Madhya Pradesh, India | |||
| Rising Solutions Private Limited | ₹2.36 Lakh (FY 2025) | -97.0% | Chennai, Tamil Nadu, India | |||
| Eureka Electrosoft Solutions Private Limited | ₹2.35 Lakh (FY 2024) | -41.0% | Chandigarh, India | |||
| Manovedh Development Foundationthis company | ₹2.34 Lakh (FY 2023) | -₹1.57 Lakh | -66.9% | 59.0% | Nashik, Maharashtra, India | |
| Amvarsh Education Private Limited | ₹2.34 Lakh (FY 2023) | Delhi, India | ||||
| Mystic Spiritual Center Private Limited | ₹2.32 Lakh (FY 2023) | 317.0% | Mysore, Karnataka, India | |||
| Sitson Foundation | ₹2.32 Lakh (FY 2024) | 55.0% | Thane, Maharashtra, India | |||
| Rise Up Now Marketing Private Limited | ₹2.31 Lakh (FY 2017) | Kotdwara, Uttarakhand, India | ||||
| Savarn Maha Sangh Foundation | ₹2.29 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Manovedh Development Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Manovedh Development 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 Manovedh Development 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 Manovedh Development Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Manovedh Development Foundation has 4 board changes on record since 2019: 4 appointments. The latest: Archana Vaibhav Kulkarni was appointed as Director on 11 Feb 2021.
Frequently asked questions
Manovedh Development Foundation is an active private not for profit company based in Nashik, Maharashtra, India. The company works in human health activities, within the healthcare industry. It was incorporated on 30 April 2019 (7+ years old) and is registered under CIN U85100MH2019NPL324726.
Manovedh Development Foundation has 4 current directors:
- Archana Vaibhav Kulkarni - Director
- Yogesh Amritlal Bhavsar - Director
- Vrushali Amol Kulkarni - Director
- Amol Ram Kulkarni - Director
The latest financial statements of Manovedh Development Foundation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Manovedh Development Foundation is U85100MH2019NPL324726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manovedh Development Foundation was incorporated on 30 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Manovedh Development Foundation by revenue are Worldwide Empowerment Foundation, Sportsed Revolution Academy, Sadguru Ram Mohan Shakti Foundation, Rising Solutions Private Limited, Eureka Electrosoft Solutions Private Limited and 5 more, all in the same principal business activity (sports, recreation, cultural and other education).
Archana Vaibhav Kulkarni was appointed as Director on 11 Feb 2021. Amol Ram Kulkarni was appointed as Director on 30 Apr 2019. Vrushali Amol Kulkarni was appointed as Director on 30 Apr 2019. Manovedh Development Foundation has 4 board changes on record in total.
The registered office of Manovedh Development Foundation is at 8 – Omkar – Bunglow Bramhagiri Soc. Jail Road Ground Fl Ns, Nashik, Maharashtra, India – 422101.
Manovedh Development Foundation operates in the healthcare industry, in the human health activities segment.
The compliance status of Manovedh Development Foundation is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.
Manovedh Development Foundation can be reached at its registered office: 8 – Omkar – Bunglow Bramhagiri Soc. Jail Road Ground Fl Ns, Nashik, Maharashtra, India – 422101.
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