Art Cornerstone Foundation
About Art Cornerstone Foundation
Data last updated:
Art Cornerstone Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the creative segment of the art and creative services sector. It was incorporated on 07 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2013NPL250842.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunita Vijay Choraria and Vijay Kundanmal Choraria.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Kalpatru Heritage 127 M G Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net profit of ₹53,273 (net margin 53.3%) and EBITDA of ₹53,273 (EBITDA margin 53.3%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address4th Floor Kalpatru Heritage 127 M G Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryArt, Creative, Arts And Entertainment 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
- One PDF report, delivered after checkout
Financials of Art Cornerstone Foundation FY 2025 filings available
Art Cornerstone Foundation reported revenue of ₹1 Lakh (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Art Cornerstone Foundation
Revenue fell 79% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 59%. 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 Art Cornerstone 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 | ₹53,273 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹53,273 | •••• | •••• | •••• | •••• |
| 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 Art Cornerstone Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 53.3% | •••• | •••• | •••• | •••• |
| 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 Art Cornerstone Foundation are in the company report.
Financial statements from 2015
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.
Board of Directors of Art Cornerstone Foundation
Art Cornerstone Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Vijay Choraria Also directs: Alder Property Ventures LLP | Director | 07 Dec 2013 | 12 Years 10 Months | Current |
| Vijay Kundanmal Choraria Also directs: Westview Digi Reality LLP, Crest Ventures Limited, Fine Estates Private Limited and 1 more | Director | 07 Dec 2013 | 12 Years 10 Months | Current |
Auditor Details of Art Cornerstone Foundation
Art Cornerstone Foundation is audited by MAHESHWARI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHESHWARI & CO | 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.
Ownership and Shareholding of Art Cornerstone 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 Art Cornerstone Foundation
Art Cornerstone Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Art Cornerstone Foundation
Employment history and EPFO contributions of people linked to Art Cornerstone 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 Art Cornerstone Foundation
Art Cornerstone Foundation has 2 board changes on record since 2013: 2 appointments. The latest: Sunita Vijay Choraria was appointed as Director on 07 Dec 2013.
Credit Ratings, Litigation & Regulatory Alerts for Art Cornerstone 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 Art Cornerstone 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 Art Cornerstone 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 Art Cornerstone Foundation
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 Art Cornerstone 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 Art Cornerstone Foundation
Art Cornerstone Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in creative, within the art industry. It was incorporated on 07 December 2013 (13+ years old) and is registered under CIN U93000MH2013NPL250842.
Art Cornerstone Foundation reported revenue of ₹1 Lakh for FY 2025 (down 79% YoY).
Art Cornerstone Foundation has 2 current directors:
- Sunita Vijay Choraria - Director
- Vijay Kundanmal Choraria - Director
Art Cornerstone Foundation reported a net profit of ₹53,273 (net margin 53.3%) and EBITDA of ₹53,273 (EBITDA margin 53.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Art Cornerstone Foundation is 59% over three years. In the latest year (FY 2025) revenue fell 79%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Art Cornerstone Foundation is U93000MH2013NPL250842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Art Cornerstone Foundation was incorporated on 07 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunita Vijay Choraria was appointed as Director on 07 Dec 2013. Vijay Kundanmal Choraria was appointed as Director on 07 Dec 2013.
The registered office of Art Cornerstone Foundation is at 4th Floor Kalpatru Heritage 127 M G Road Fort, Mumbai, Maharashtra, India – 400001.
Art Cornerstone Foundation has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.