About Adinath Foundations Private Limited
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Adinath Foundations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the building construction segment of the construction sector. It was incorporated on 30 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45400TN2010PTC078260. Its GSTIN is 33AAJCA0769Q1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹18 Lakh. It is led by directors Sunil Kumar and Nikhil Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Old No.484 – 485 New No.28 – 30 Basement Pantheon Plaza Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600008.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.24 Cr. For the same year it recorded a net loss of ₹22.07 Lakh (net margin -6.8%) and EBITDA of -₹16.72 Lakh (EBITDA margin -5.2%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹45 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adinathfoundations.com.
Company details
Contact details
Adinath Foundations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is adinathfoundations.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOld No.484 – 485 New No.28 – 30 Basement Pantheon Plaza Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryConstruction, Buildings
To see the full contact details of Adinath Foundations Private Limited, 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
Business activity
The main business activity of Adinath Foundations is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Adinath Foundations Private Limited, buy the company report.
Financials of Adinath Foundations Private Limited
FY 2024 filings availableAdinath Foundations Private Limited reported revenue of ₹3.24 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹16.72 Lakh | ||||
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| Net Profit (PAT) | -₹22.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -5.2% | ||||
| Net Profit Margin | -6.8% | ||||
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To see the full financial statements and ratios of Adinath Foundations Private Limited, buy the company report.
Board of directors of Adinath Foundations Private Limited
Adinath Foundations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Also directs: Nakshatra Promoters Chennai LLP | Director | 10 Aug 2011 | 15 Years 2 Months | Current |
| Nikhil Bhandari | Director | 30 Nov 2010 | 15 Years 10 Months | Current |
Auditor
Adinath Foundations Private Limited is audited by KAWRAT & JAIN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAWRAT & JAIN | FY 2020 | 008237S |
Shareholding
The shareholding of Adinath Foundations Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Adinath Foundations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2016 | 100046913 | Others | ₹30 Cr | Open | |
| 14 Mar 2015 | 10559560 | Syndicate Bank | ₹15 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Adinath Foundations Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by JM Financial Credit Solutions Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by JM Financial Credit Solutions Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by J M Financial Products Ltd. | Disposed |
To see the full case history of Adinath Foundations Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adinath Foundations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adinath Foundations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCA0769Q1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adinath Foundations Private Limited, buy the company report.
Recent activity
Adinath Foundations Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Anil Kumar Seth ceased to be Director on 02 Mar 2015.
Frequently asked questions
Adinath Foundations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in buildings, within the construction industry. It was incorporated on 30 November 2010 (16+ years old) and is registered under CIN U45400TN2010PTC078260.
Adinath Foundations has 2 current directors:
- Sunil Kumar - Director
- Nikhil Bhandari - Director
The latest financial statements of Adinath Foundations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Adinath Foundations is 33AAJCA0769Q1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Adinath Foundations is U45400TN2010PTC078260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adinath Foundations has 3 court cases on record: 3 filed against it.
Adinath Foundations was incorporated on 30 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Anil Kumar Seth ceased to be Director on 02 Mar 2015. Gireesh Kumar Bhandari ceased to be Director on 31 Dec 2013. Akshay Seth ceased to be Director on 30 Mar 2012. Adinath Foundations has 5 board changes on record in total.
Adinath Foundations can be reached through the website adinathfoundations.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Adinath Foundations is at Old No.484 – 485 New No.28 – 30 Basement Pantheon Plaza Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600008.