India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,090 Gulu Lalchand Mirchandani ₹2,400 Cr
Adino Research Foundation
Adino Research Foundation - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Not For Profit Company financial services
Revenue · FY 2025
₹1,220
Latest filing
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹30,200
Issued & subscribed
Company age
40 yrs
Est. 1986
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting
Company status
Active
MCA master data
About Adino Research Foundation
Data last updated:
Adino Research Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 October 1986 and has been in existence for over 40 years.
Its director Gulu Lalchand Mirchandani is #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH1986NPL041099.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹30,200. It is led by directors Gulu Lalchand Mirchandani and Vijay Jaikrishin Mansukhani.
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 G – 1 MIDC Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U73100MH1986NPL041099
Registration Number 041099
Incorporation Date 01 October 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Adino Research Foundation
Contact details
Adino Research Foundation's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressG – 1 MIDC Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Adino Research Foundation, buy the company report.
Comprehensive company report
Adino Research Foundation - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Adino Research Foundation
FY 2025 filings availableAdino Research Foundation reported revenue of ₹1,220 for FY 2025.
Revenue · FY 2025
₹1,220
Financial Statement Summary
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Adino Research Foundation, buy the company report.
Board of directors of Adino Research Foundation
Adino Research Foundation has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gulu Lalchand Mirchandani | Director | 01 Oct 1986 | 40 Years 0 Months | Current |
| Vijay Jaikrishin Mansukhani Also directs: Malabar Fund Managers LLP, Onida Electronics Limited, Adino Tele Services Limited and 1 more | Director | 01 Oct 1986 | 40 Years 0 Months | Current |
Peer comparison
Adino Research Foundation is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MLC Marketplaces Private Limited | ₹1,264 (FY 2023) | 52.0% | Haryana, India | |||
| Silverline Estate Developers Private Limited | ₹1,260 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Nram Regent Private Limited | ₹1,252 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Bag House Pvt Ltd | ₹1,243 (FY 2025) | -41.0% | Ahmedabad, Gujarat, India | |||
| Meera Mohan Investment Pvt Ltd | ₹1,224 (FY 2025) | -99.0% | Kolkata, West Bengal, India | |||
| Adino Research Foundationthis company | ₹1,220 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Fundalogical Growth Development Private Limited | ₹1,200 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Delhi Supply Agency Pvt Ltd | ₹1,200 (FY 2025) | -100.0% | New Delhi, Delhi, India | |||
| Aarambh Infraresources Private Limited | ₹1,197 (FY 2025) | Patna, Bihar, India | ||||
| Sab Management Services Private Limited | ₹1,185 (FY 2024) | Howrah, West Bengal, India | ||||
| Goodwill Trades Private Limited | ₹1,169 (FY 2025) | -100.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Adino Research Foundation, buy the company report.
Auditor
Adino Research Foundation is audited by SINGHANIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHANIA & ASSOCIATES | FY 2021 | 130438W |
Shareholding
The shareholding of Adino Research Foundation is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Adino Research Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Adino Research 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 Adino Research 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 Adino Research Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Adino Research Foundation has 2 board changes on record since 1986: 2 appointments. The latest: Gulu Lalchand Mirchandani was appointed as Director on 01 Oct 1986.
AGM
Adino Research Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Adino Research Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Gulu Lalchand Mirchandani was appointed as Director.
Appointed
Vijay Jaikrishin Mansukhani was appointed as Director.
Incorporation
01 Oct 1986
Adino Research Foundation was registered on 01 Oct 1986 with Roc Mumbai I & aged 40 years 21 days as per MCA records.
Frequently asked questions
Adino Research Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 01 October 1986 (40+ years old) and is registered under CIN U73100MH1986NPL041099.
Adino Research Foundation has 2 current directors:
- Gulu Lalchand Mirchandani - Director
- Vijay Jaikrishin Mansukhani - Director
The latest financial statements of Adino Research Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Adino Research Foundation is U73100MH1986NPL041099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adino Research Foundation was incorporated on 01 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Adino Research Foundation by revenue are MLC Marketplaces Private Limited, Silverline Estate Developers Private Limited, Nram Regent Private Limited, Bag House Pvt Ltd, Meera Mohan Investment Pvt Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Gulu Lalchand Mirchandani was appointed as Director on 01 Oct 1986. Vijay Jaikrishin Mansukhani was appointed as Director on 01 Oct 1986.
The registered office of Adino Research Foundation is at G – 1 MIDC Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
Adino Research Foundation operates in the financial services industry, in the diversified financial services segment.
The compliance status of Adino Research Foundation is compliant as of 23 August 2026. The company is actively filing with the Registrar of Companies.
Adino Research Foundation can be reached at its registered office: G – 1 MIDC Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.