About Project Paper Planes Foundation
Data last updated:
Project Paper Planes Foundation is a private not for profit company based in Hassan, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 13 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2021NPL151723.
It is led by directors including Shruti Shrinivas Rao and Lipsa Rout.
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 411 4th Main 4th Cross Ramaswamy Iynger Road Hemavathi Nagara, Hassan, Karnataka, India – 573201.
As per the financials filed for FY 2025, the company reported a revenue of ₹60,010, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹30,460 (net margin -50.8%) and EBITDA of -₹30,460 (EBITDA margin -50.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
For more details, the company can be reached via its website projectpaperplanes.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address411 4th Main 4th Cross Ramaswamy Iynger Road Hemavathi Nagara, Hassan, Karnataka, India – 573201
- IndustryEducation, Corporate Training & Development
- 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 Project Paper Planes Foundation
The main business activity of Project Paper Planes Foundation is education. In detail, this covers education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | 85 | Education | 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 Project Paper Planes Foundation FY 2025 filings available
Project Paper Planes Foundation reported revenue of ₹60,010 (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Project Paper Planes Foundation
Revenue fell 74% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 173% 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 Project Paper Planes Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹30,460 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹30,460 | •••• | •••• | •••• |
| 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 Project Paper Planes Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -50.8% | •••• | •••• | •••• |
| Net Profit Margin | -50.8% | •••• | •••• | •••• |
| 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 Project Paper Planes Foundation are in the company report.
Financial statements from FY 2022
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.
Peer Comparison of Project Paper Planes Foundation
Project Paper Planes Foundation is compared with the companies closest to it by revenue in the Manufacturing industry (Paper). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prism Star Paper Products Private Limited | ₹64,831 (FY 2021) | •••• | •••• | •••• | Palghar, Maharashtra, India | |
| Sree Murugan Paper Mills Private Limited | ₹64,000 (FY 2023) | •••• | •••• | 49.0% | •••• | Sivakasi, Tamil Nadu, India |
| Cochin Kagaz Limited | ₹62,373 (FY 2025) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| V-Create Paper Solution Private Limited | ₹62,170 (FY 2025) | •••• | •••• | 31.0% | •••• | Ahmedabad, Gujarat, India |
| Pinkcity Paper Crafts Private Limited | ₹60,088 (FY 2025) | •••• | •••• | 30.0% | •••• | Jaipur, Rajasthan, India |
| Project Paper Planes Foundation this company | ₹60,010 (FY 2025) | •••• | •••• | -74.0% | •••• | Hassan, Karnataka, India |
| Divyang Paper Mills Pvt Ltd | ₹60,000 (FY 2025) | •••• | •••• | •••• | Rajkot Morbi, Gujarat, India | |
| Jai Balaji Kraft Paper Private Limited | ₹59,791 (FY 2024) | •••• | •••• | -93.0% | •••• | Delhi, India |
| Bhargava Paper & Packaging Pvt. Ltd. | ₹57,500 (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Digambar Paper Products Private Limited | ₹56,958 (FY 2024) | •••• | •••• | 2283.0% | •••• | Jalna, Maharashtra, India |
| Cauvery Boards Private Limited | ₹56,460 (FY 2025) | •••• | •••• | -100.0% | •••• | Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Project Paper Planes Foundation by revenue in the Manufacturing industry (Paper), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Project Paper Planes Foundation
Project Paper Planes Foundation is audited by J S A S & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J S A S & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Project Paper Planes Foundation
Project Paper Planes Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Shrinivas Rao | Director | 13 Sep 2021 | 5 Years 0 Months | Current |
| Lipsa Rout | Director | 13 Sep 2021 | 5 Years 0 Months | Current |
| Gorur Ashwath Shanthala | Director | 13 Sep 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Project Paper Planes 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 Project Paper Planes Foundation
Project Paper Planes Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Project Paper Planes Foundation
Project Paper Planes Foundation has a workforce of 0 employees as of Apr 09, 2024.
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 Project Paper Planes Foundation
Project Paper Planes Foundation has 3 board changes on record since 2021: 3 appointments. The latest: Gorur Ashwath Shanthala was appointed as Director on 13 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Project Paper Planes 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 Project Paper Planes 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 Project Paper Planes 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 Project Paper Planes 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 Project Paper Planes 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 Project Paper Planes Foundation
Project Paper Planes Foundation is an active private not for profit company based in Hassan, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 13 September 2021 (5+ years old) and is registered under CIN U85300KA2021NPL151723.
Project Paper Planes Foundation reported revenue of ₹60,010 for FY 2025 (down 74% YoY).
Project Paper Planes Foundation has 3 current directors:
- Shruti Shrinivas Rao - Director
- Lipsa Rout - Director
- Gorur Ashwath Shanthala - Director
Project Paper Planes Foundation reported a net loss of ₹30,460 (net margin -50.8%) and EBITDA of -₹30,460 (EBITDA margin -50.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Project Paper Planes Foundation is 13% over three years. In the latest year (FY 2025) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Project Paper Planes Foundation is U85300KA2021NPL151723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Project Paper Planes Foundation was incorporated on 13 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Project Paper Planes Foundation by revenue are Prism Star Paper Products Private Limited, Sree Murugan Paper Mills Private Limited, Cochin Kagaz Limited, V-Create Paper Solution Private Limited, Pinkcity Paper Crafts Private Limited and 5 more, all in the Manufacturing industry (Paper).
Gorur Ashwath Shanthala was appointed as Director on 13 Sep 2021. Lipsa Rout was appointed as Director on 13 Sep 2021. Shruti Shrinivas Rao was appointed as Director on 13 Sep 2021.
Project Paper Planes Foundation can be reached through the website projectpaperplanes.org. Its registered office is in Hassan, Karnataka, India.
The registered office of Project Paper Planes Foundation is at 411 4th Main 4th Cross Ramaswamy Iynger Road Hemavathi Nagara, Hassan, Karnataka, India – 573201.