About Olive Development Foundation
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Olive Development Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 22 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015NPL266770.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nipun Harihar Bhatt and Kalpana Haresh Chheda.
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 1st Floor Matru Smruti Scheme No.6 Plot No.74 Road No.4 Sion East, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.49 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.44 Cr (net margin 76.7%) and EBITDA of ₹3.44 Cr (EBITDA margin 76.7%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olivebuilder.com.
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- Registered Address1st Floor Matru Smruti Scheme No.6 Plot No.74 Road No.4 Sion East, Mumbai, Maharashtra, India – 400022
- IndustryBusiness Services, Miscellaneous Business Activities, Other 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
Financials of Olive Development Foundation FY 2025 filings available
Olive Development Foundation reported revenue of ₹4.49 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Olive Development Foundation
Revenue rose 6% in the latest year. EBITDA fell 2% 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 Olive Development Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.44 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 Olive Development Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 76.7% | •••• | •••• | •••• | •••• |
| 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 Olive Development 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.
Board of Directors of Olive Development Foundation
Olive Development Foundation has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nipun Harihar Bhatt Also directs: Alchemie Gases and Chemicals Pvt.Ltd. | Director | 05 Nov 2020 | 5 Years 11 Months | Current |
| Kalpana Haresh Chheda Also directs: Devansh Enterprises LLP, Panbai Welfare Foundation, Advance Global Care Hospital Private Limited and 2 more | Director | 10 Jun 2022 | 4 Years 3 Months | Current |
| Khushbu Haresh Chheda Also directs: Panbai Welfare Foundation | Director | 10 Jun 2022 | 4 Years 3 Months | Current |
| Bhavesh Dhirajlal Sheth | Director | 05 Nov 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Olive Development 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 Olive Development Foundation
Olive Development Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Olive Development Foundation
Employment history and EPFO contributions of people linked to Olive Development 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 Olive Development Foundation
Olive Development Foundation has 13 board changes on record since 2020: 4 appointments and 9 cessations. The latest: Kalpana Haresh Chheda ceased to be Additional Director on 30 Sep 2022.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Olive Development 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 Olive Development 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 Olive Development 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 Olive Development 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 Olive Development 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 Olive Development Foundation
Olive Development Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 22 July 2015 (11+ years old) and is registered under CIN U74999MH2015NPL266770.
Olive Development Foundation reported revenue of ₹4.49 Cr for FY 2025 (up 6% YoY).
Olive Development Foundation has 4 current directors:
- Nipun Harihar Bhatt - Director
- Kalpana Haresh Chheda - Director
- Khushbu Haresh Chheda - Director
- Bhavesh Dhirajlal Sheth - Director
Olive Development Foundation reported a net profit of ₹3.44 Cr (net margin 76.7%) and EBITDA of ₹3.44 Cr (EBITDA margin 76.7%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Olive Development Foundation is U74999MH2015NPL266770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Development Foundation was incorporated on 22 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Kalpana Haresh Chheda ceased to be Additional Director on 30 Sep 2022. Khushbu Haresh Chheda ceased to be Additional Director on 30 Sep 2022. Kalpana Haresh Chheda was appointed as Director on 10 Jun 2022. Olive Development Foundation has 13 board changes on record in total.
Olive Development Foundation can be reached through the website olivebuilder.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Olive Development Foundation is at 1st Floor Matru Smruti Scheme No.6 Plot No.74 Road No.4 Sion East, Mumbai, Maharashtra, India – 400022.
Olive Development Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.