WP Innovation Foundation
About WP Innovation Foundation
Data last updated:
WP Innovation Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 17 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2019NPL124428.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Anupama Gowda and Pavan Prasanna Kumar.
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 886 Dwarakanagar Behind Channasandra Bus Stop Rr Nagar, Bangalore, Karnataka, India – 560098.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.95 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹4.94 Lakh (net margin -49.6%) and EBITDA of -₹4.94 Lakh (EBITDA margin -49.6%). Revenue has grown at a compounded annual rate (CAGR) of 171% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
WP Innovation Foundation's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address886 Dwarakanagar Behind Channasandra Bus Stop Rr Nagar, Bangalore, Karnataka, India – 560098
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of WP Innovation 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
Financials of WP Innovation Foundation
FY 2023 filings availableWP Innovation Foundation reported revenue of ₹9.95 Lakh (down 41% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 171%. EBITDA fell 162% 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 |
|---|---|---|---|---|
| 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 | -₹4.94 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.94 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -49.6% | |||
| Net Profit Margin | -49.6% | |||
| 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 | ||||
To see the full financial statements and ratios of WP Innovation Foundation, buy the company report.
Board of directors of WP Innovation Foundation
WP Innovation Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupama Gowda | Director | 17 May 2019 | 7 Years 5 Months | Current |
| Pavan Prasanna Kumar | Director | 17 May 2019 | 7 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving WP Innovation 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 WP Innovation 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 WP Innovation Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
WP Innovation Foundation has 2 board changes on record since 2019: 2 appointments. The latest: Anupama Gowda was appointed as Director on 17 May 2019.
Frequently asked questions
WP Innovation Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 17 May 2019 (7+ years old) and is registered under CIN U85300KA2019NPL124428.
WP Innovation Foundation has 2 current directors:
- Anupama Gowda - Director
- Pavan Prasanna Kumar - Director
The latest financial statements of WP Innovation 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 WP Innovation Foundation is U85300KA2019NPL124428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
WP Innovation Foundation was incorporated on 17 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Anupama Gowda was appointed as Director on 17 May 2019. Pavan Prasanna Kumar was appointed as Director on 17 May 2019.
The registered office of WP Innovation Foundation is at 886 Dwarakanagar Behind Channasandra Bus Stop Rr Nagar, Bangalore, Karnataka, India – 560098.
WP Innovation Foundation operates in the non-profit organizations industry, in the social work segment.
The compliance status of WP Innovation Foundation is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
WP Innovation Foundation can be reached at its registered office: 886 Dwarakanagar Behind Channasandra Bus Stop Rr Nagar, Bangalore, Karnataka, India – 560098.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
