Adhere Foundation
About Adhere Foundation
Data last updated:
Adhere Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 10 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85300PN2017NPL168830. Its GSTIN is 27AAPCA1748M1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neeta Rohit Deshpande and Sanjay Agarwal Chunilal.
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 B – 11 Narsimha Society Boat Club Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.15 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹46.77 Lakh (net margin 21.7%) and EBITDA of ₹48.62 Lakh (EBITDA margin 22.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB – 11 Narsimha Society Boat Club Road, Pune, Maharashtra, India – 411001
- IndustryNon-Profit Organizations, Social Work
- 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 Adhere Foundation
The main business activity of Adhere Foundation is hospital and medical care. In detail, this covers hospital activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities | 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 Adhere Foundation FY 2025 filings available
Adhere Foundation reported revenue of ₹2.15 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Adhere Foundation
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 41% 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 Adhere 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 | ₹48.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹46.77 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 of Adhere Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.7% | •••• | •••• | •••• | •••• |
| 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 Adhere Foundation are in the company report.
Financial statements from FY 2017
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 Adhere Foundation
Adhere Foundation is compared with the companies closest to it by revenue in the same principal business activity (Hospital activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ayush Hospitals & Trauma Care Private Limited | ₹2.15 Cr (FY 2017) | •••• | •••• | -69.0% | •••• | Bhubaneswar, Odisha, India |
| Panchsheelam Multispeciality Hospital Private Limited | ₹2.15 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Sonbhadra, Uttar Pradesh, India |
| Selangia Hospital Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Anbu Nursing Home Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Dindigul, Tamil Nadu, India |
| Neeli Genetic Services Private Limited | ₹2.15 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Hyderabad, Telangana, India |
| Adhere Foundation this company | ₹2.15 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Pune, Maharashtra, India |
| Surya Multi Speciality Hospital Services (India) Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Takshshila Kidney Care (OPC) Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Patna, Bihar, India |
| Gulothi Pulse Super Speciality Hospital Private Limited | ₹2.14 Cr (FY 2024) | •••• | •••• | •••• | Gorakhpur, Uttar Pradesh, India | |
| Agur Health Developers India Private Limited | ₹2.14 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Lucknow, Uttar Pradesh, India |
| Abr Health Life Private Limited | ₹2.13 Cr (FY 2024) | •••• | •••• | 110.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Adhere Foundation by revenue in the same principal business activity (Hospital activities), 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 Adhere Foundation
Adhere Foundation is audited by B T N & COMPANY for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B T N & COMPANY | 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 Adhere Foundation
Adhere Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeta Rohit Deshpande | Director | 10 Feb 2017 | 9 Years 7 Months | Current |
| Sanjay Agarwal Chunilal | Director | 10 Feb 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Adhere 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 Adhere Foundation
Adhere Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Adhere Foundation
Employment history and EPFO contributions of people linked to Adhere 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 Adhere Foundation
Adhere Foundation has 2 board changes on record since 2017: 2 appointments. The latest: Neeta Rohit Deshpande was appointed as Director on 10 Feb 2017.
Credit Ratings, Litigation & Regulatory Alerts for Adhere 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 Adhere 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 Adhere 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 Adhere Foundation
Adhere Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA1748M1Z5 | Maharashtra | Active | 11 Apr 2018 |
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 Adhere 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 Adhere Foundation
Adhere Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 10 February 2017 (9+ years old) and is registered under CIN U85300PN2017NPL168830.
Adhere Foundation reported revenue of ₹2.15 Cr for FY 2025 (down 15% YoY).
Adhere Foundation has 2 current directors:
- Neeta Rohit Deshpande - Director
- Sanjay Agarwal Chunilal - Director
Adhere Foundation reported a net profit of ₹46.77 Lakh (net margin 21.7%) and EBITDA of ₹48.62 Lakh (EBITDA margin 22.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adhere Foundation is 16% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adhere Foundation is 27AAPCA1748M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Adhere Foundation is U85300PN2017NPL168830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhere Foundation was incorporated on 10 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Adhere Foundation by revenue are Ayush Hospitals & Trauma Care Private Limited, Panchsheelam Multispeciality Hospital Private Limited, Selangia Hospital Private Limited, Anbu Nursing Home Private Limited, Neeli Genetic Services Private Limited and 5 more, all in the same principal business activity (Hospital activities).
Neeta Rohit Deshpande was appointed as Director on 10 Feb 2017. Sanjay Agarwal Chunilal was appointed as Director on 10 Feb 2017.
The registered office of Adhere Foundation is at B – 11 Narsimha Society Boat Club Road, Pune, Maharashtra, India – 411001.