
About Atika Welfare Foundation
Data last updated:
Atika Welfare Foundation is a private not for profit company based in Rajkot, Gujarat, India, a subsidiary of Epp Composites Private Limited. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 29 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2015NPL084611.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Suman Charitable Foundation. It is led by directors Pritiben Jayrajbhai Shah and Jayraj Sumanbhai Shah.
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 Maan 5 – Saurashtra Kala Kendra Society Nirmala Convent Road, Rajkot, Gujarat, India – 360007.
As per the financials filed for FY 2025, the company reported a revenue of ₹2 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.03 Lakh (net margin -101.6%) and EBITDA of -₹2.03 Lakh (EBITDA margin -101.6%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atika.co.in.
Company details
Name history
Atika Welfare Foundation has undergone 3 name changes throughout its history. The company was previously known as Atika Welfare Foundation, Suman Charitable Foundation, and Divya Welfare Foundation. The current legal name is Atika Welfare Foundation.
| Company Name | Status |
|---|---|
| Atika Welfare Foundation | Current |
| Suman Charitable Foundation | Previous |
| Divya Welfare Foundation | Previous |
Contact details
Atika Welfare Foundation's registered office is in Rajkot, Gujarat. Its website is atika.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMaan 5 – Saurashtra Kala Kendra Society Nirmala Convent Road, Rajkot, Gujarat, India – 360007
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Atika Welfare 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
Business activity
The main business activity of Atika Welfare Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Atika Welfare Foundation, buy the company report.
Financials of Atika Welfare Foundation
FY 2024 filings availableAtika Welfare Foundation reported revenue of ₹2 Lakh (up 300% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 300% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 61%. EBITDA rose 69% 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 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 | -₹2.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.03 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -101.6% | ||||
| Net Profit Margin | -101.6% | ||||
| 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 Atika Welfare Foundation, buy the company report.
Board of directors of Atika Welfare Foundation
Atika Welfare Foundation has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pritiben Jayrajbhai Shah Also directs: Jayraj Shah Realty LLP, Essen Capital Growth LLP | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Jayraj Sumanbhai Shah Also directs: Epp Composites Private Limited, Epp Industries Private Limited, Atika Rubber Mills Pvt Ltd and 4 more | Director | 16 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Atika Welfare Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geo Image Systems Private Limited | ₹2 Lakh (FY 2025) | -66.0% | Bhubaneswar, Odisha, India | |||
| Golf Outdoor and Media Service Private Limited | ₹2 Lakh (FY 2016) | 17.0% | Delhi, India | |||
| Sholite Productions Private Limited | ₹2 Lakh (FY 2017) | New Delhi, Delhi, India | ||||
| Zaan Infotech Private Limited | ₹2 Lakh (FY 2023) | Bangalore, Karnataka, India | ||||
| Tattvacore Foods Private Limited | ₹2 Lakh (FY 2025) | 56.0% | Vadodara, Gujarat, India | |||
| Atika Welfare Foundationthis company | ₹2 Lakh (FY 2025) | -₹2.03 Lakh | -101.6% | 300.0% | Rajkot, Gujarat, India | |
| Sharda Smelters Private Limited | ₹2 Lakh (FY 2022) | -97.0% | Kolkata, West Bengal, India | |||
| Pushpa Enclave Private Limited | ₹2 Lakh (FY 2022) | -85.0% | Kolkata, West Bengal, India | |||
| Biggie Restaurants Private Limited | ₹2 Lakh (FY 2025) | -67.0% | Gurgaon, Haryana, India | |||
| Liv Arch Interiors Private Limited | ₹2 Lakh (FY 2025) | -91.0% | New Delhi, Delhi, India | |||
| Suchilata India Foundation | ₹2 Lakh (FY 2025) | Delhi, India |
To see the full peer comparison of Atika Welfare Foundation, buy the company report.
Auditor
Atika Welfare Foundation is audited by ANIL PAREKH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL PAREKH & CO. | FY 2023 | 128503W |
Shareholding
The shareholding of Atika Welfare Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Atika Welfare Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Atika Welfare 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 Atika Welfare 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 Atika Welfare Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Atika Welfare Foundation has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Siddharth Sumanbhai Shah ceased to be Director on 15 Mar 2024.
Frequently asked questions
Atika Welfare Foundation is an active private not for profit company based in Rajkot, Gujarat, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 29 September 2015 (11+ years old) and is registered under CIN U74140GJ2015NPL084611.
Atika Welfare Foundation has 2 current directors:
- Pritiben Jayrajbhai Shah - Director
- Jayraj Sumanbhai Shah - Director
The latest financial statements of Atika Welfare Foundation 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Atika Welfare Foundation is U74140GJ2015NPL084611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atika Welfare Foundation was incorporated on 29 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Atika Welfare Foundation by revenue are Geo Image Systems Private Limited, Golf Outdoor and Media Service Private Limited, Sholite Productions Private Limited, Zaan Infotech Private Limited, Tattvacore Foods Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Siddharth Sumanbhai Shah ceased to be Director on 15 Mar 2024. Pritiben Jayrajbhai Shah was appointed as Director on 14 Mar 2024. Bhavesh Hasmukhrai Dhruva ceased to be Director on 24 Mar 2022. Atika Welfare Foundation has 7 board changes on record in total.
Atika Welfare Foundation can be reached through the website atika.co.in. Its registered office is in Rajkot, Gujarat, India.
The registered office of Atika Welfare Foundation is at Maan 5 – Saurashtra Kala Kendra Society Nirmala Convent Road, Rajkot, Gujarat, India – 360007.
Atika Welfare Foundation operates in the healthcare industry, in the preventive health services segment.
The compliance status of Atika Welfare Foundation is compliant as of 28 July 2026. The company is actively filing with the Registrar of Companies.