Turning Tide Foundation
About Turning Tide Foundation
Data last updated:
Turning Tide Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 13 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019NPL332871.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors George Bonny Remedios and Carlyon Remedios.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.39 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.46 Lakh (net margin -61%) and EBITDA of -₹1.46 Lakh (EBITDA margin -61%).
Company details
Contact details
Turning Tide Foundation's registered office is in Mumbai, Maharashtra.
- Registered AddressC/1 New Light Soc .S.V.Road Opp Sacred Heart Boys High School Khar, (W), Mumbai, Maharashtra, India – 400052
- 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
Business activity
The main business activity of Turning Tide Foundation is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Turning Tide Foundation, buy the company report.
Financials of Turning Tide Foundation
FY 2023 filings availableTurning Tide Foundation reported revenue of ₹2.39 Lakh (up 183992% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.46 Lakh | |||
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| Net Profit (PAT) | -₹1.46 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 | -61% | |||
| Net Profit Margin | -61% | |||
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To see the full financial statements and ratios of Turning Tide Foundation, buy the company report.
Board of directors of Turning Tide Foundation
Turning Tide Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Bonny Remedios | Director | 13 Nov 2019 | 6 Years 11 Months | Current |
| Carlyon Remedios | Director | 13 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Turning Tide Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Genial Entrepreneurial (OPC) Private Limited | ₹2.4 Lakh (FY 2024) | -48.0% | Marthandam, Tamil Nadu, India | |||
| Isatb Services Private Limited | ₹2.4 Lakh (FY 2024) | 948.0% | Gurgaon, Haryana, India | |||
| T3s Foundation | ₹2.4 Lakh (FY 2025) | 16463.0% | Manimajra, Chandigarh, India | |||
| Abhishek Infocom Private Limited | ₹2.4 Lakh (FY 2016) | 14.0% | Uttar Pradesh, India | |||
| Lonirix Technoindia Services Private Limited | ₹2.39 Lakh (FY 2025) | -97.0% | Delhi, India | |||
| Turning Tide Foundationthis company | ₹2.39 Lakh (FY 2023) | -₹1.46 Lakh | -61% | 183992.0% | Mumbai, Maharashtra, India | |
| Eduvation Infotech Private Limited | ₹2.38 Lakh (FY 2024) | -96.0% | Thane, Maharashtra, India | |||
| Sri Aadinath Gurukul Foundation | ₹2.38 Lakh (FY 2025) | 5.0% | Hazaribag, Jharkhand, India | |||
| Sadafal Education Private Limited | ₹2.38 Lakh (FY 2025) | -39.0% | Bengaluru, Karnataka, India | |||
| Q Engineering Prospects Private Limited | ₹2.37 Lakh (FY 2025) | -61.0% | Hyderabad, Telangana, India | |||
| Hiit Institute of Information Technology Private Limited | ₹2.36 Lakh (FY 2025) | -54.0% | Faizabad, Uttar Pradesh, India |
To see the full peer comparison of Turning Tide Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Turning Tide 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 Turning Tide 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 Turning Tide Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Turning Tide Foundation has 2 board changes on record since 2019: 2 appointments. The latest: Carlyon Remedios was appointed as Director on 13 Nov 2019.
Frequently asked questions
Turning Tide Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 13 November 2019 (7+ years old) and is registered under CIN U74999MH2019NPL332871.
Turning Tide Foundation has 2 current directors:
- George Bonny Remedios - Director
- Carlyon Remedios - Director
The latest financial statements of Turning Tide 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 Turning Tide Foundation is U74999MH2019NPL332871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turning Tide Foundation was incorporated on 13 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Turning Tide Foundation by revenue are Genial Entrepreneurial (OPC) Private Limited, Isatb Services Private Limited, T3s Foundation, Abhishek Infocom Private Limited, Lonirix Technoindia Services Private Limited and 5 more, all in the same principal business activity (higher education, technical & vocational education).
Carlyon Remedios was appointed as Director on 13 Nov 2019. George Bonny Remedios was appointed as Director on 13 Nov 2019.
The registered office of Turning Tide Foundation is at C1 New Light Soc .S.V.Road Opp Sacred Heart Boys High School Khar, W, Mumbai, Maharashtra, India – 400052.
Turning Tide Foundation operates in the business services industry, in the other services segment.
Turning Tide Foundation can be reached at its registered office: C1 New Light Soc .S.V.Road Opp Sacred Heart Boys High School Khar, W, Mumbai, Maharashtra, India – 400052.
Turning Tide Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.