Business Ethics Foundation
About Business Ethics Foundation
Data last updated:
Business Ethics Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the membership organizations segment of the non-profit sector. It was incorporated on 20 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U93000PN2012NPL142019.
It is led by directors including Shrikrishna Gajanan Bapat and Madhuri Sandeep Chiddarwar.
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 H. No. 17 Prashant Nagar Navi Peth Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2024, the company reported a revenue of ₹32,045, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹20,388 (net margin -63.6%) and EBITDA of -₹20,388 (EBITDA margin -63.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Business Ethics Foundation's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No. 17 Prashant Nagar Navi Peth Pune, Maharashtra, India – 411030
- IndustryNon-Profit Organizations, Membership Organizations
To see the full contact details of Business Ethics 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 Business Ethics Foundation is personal and household service. In detail, this covers activities of membership organisations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S1 | Activities of membership organisations |
To see the full business activity and turnover split of Business Ethics Foundation, buy the company report.
Financials of Business Ethics Foundation
FY 2024 filings availableBusiness Ethics Foundation reported revenue of ₹32,045 (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 41% fall in the latest year. EBITDA rose 82% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹20,388 | ||||
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| Net Profit (PAT) | -₹20,388 | ||||
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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 | -63.6% | ||||
| Net Profit Margin | -63.6% | ||||
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To see the full financial statements and ratios of Business Ethics Foundation, buy the company report.
Board of directors of Business Ethics Foundation
Business Ethics Foundation has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrikrishna Gajanan Bapat | Director | 20 Jan 2012 | 14 Years 9 Months | Current |
| Madhuri Sandeep Chiddarwar | Director | 20 Jan 2012 | 14 Years 9 Months | Current |
| Govindarajula Venkata Narasimha Rao | Director | 20 Jan 2012 | 14 Years 9 Months | Current |
| Sangeeta Nitin Kulkarni | Director | 16 Sep 2024 | 2 Years 1 Months | Current |
| Ravindra Eknath Kothavade | Director | 16 Sep 2024 | 2 Years 1 Months | Current |
| Shweta Mandar Bapat | Director | 16 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Business Ethics Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (activities of membership organisations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vjodi Matrimonial Private Limited | ₹41,220 (FY 2019) | Malappuram, Kerala, India | ||||
| Young Cas Below 30 World Foundation | ₹41,117 (FY 2024) | 8.0% | Rajkot, Gujarat, India | |||
| Subbalakshmi Lakshmipathy College of Science Alumni Association | ₹36,400 (FY 2024) | -6.0% | Madurai, Tamil Nadu, India | |||
| Indian Fishnet Manufactures Association. | ₹36,273 (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Aboa Hasa Foundation | ₹33,200 (FY 2022) | Paraganas North, West Bengal, India | ||||
| Business Ethics Foundationthis company | ₹32,045 (FY 2024) | -₹20,388 | -63.6% | -41.0% | Pune, Maharashtra, India | |
| Ihsc Foundation | ₹30,530 (FY 2023) | 18858.0% | New Delhi, Delhi, India | |||
| MMR Builders Association | ₹30,361 (FY 2024) | Nallsoparawest, Maharashtra, India | ||||
| Adventist Laymens Welfare Service Association | ₹30,000 (FY 2018) | Bangalore, Karnataka, India | ||||
| Nirmal Prayas Foundation | ₹30,000 (FY 2019) | 50.0% | New Panvel, Maharashtra, India | |||
| Jodhpur Textiles Rent Holders Association | ₹29,885 (FY 2023) | -62.0% | Jodhpur, Rajasthan, India |
To see the full peer comparison of Business Ethics Foundation, buy the company report.
Auditor
Business Ethics Foundation is audited by RSVA&CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RSVA&CO. | FY 2017 | 110504W |
Shareholding
The shareholding of Business Ethics Foundation is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public |
To see the full shareholding pattern of Business Ethics Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Business Ethics 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 Business Ethics 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 Business Ethics Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Business Ethics Foundation has 11 board changes on record since 2012: 7 appointments and 4 cessations. The latest: Mohan Vasant Uchgaonkar ceased to be Additional Director on 29 Sep 2024.
2 earlier events are in the company report.
Frequently asked questions
Business Ethics Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in membership organizations, within the non-profit organizations industry. It was incorporated on 20 January 2012 (14+ years old) and is registered under CIN U93000PN2012NPL142019.
Business Ethics Foundation has 7 current directors:
- Shrikrishna Gajanan Bapat - Director
- Madhuri Sandeep Chiddarwar - Director
- Govindarajula Venkata Narasimha Rao - Director
- Sangeeta Nitin Kulkarni - Director
- Ravindra Eknath Kothavade - Director
- Shweta Mandar Bapat - Director
- Mohan Vasant Uchgaonkar - Director
The latest financial statements of Business Ethics 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Business Ethics Foundation is U93000PN2012NPL142019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Business Ethics Foundation was incorporated on 20 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Business Ethics Foundation by revenue are Vjodi Matrimonial Private Limited, Young Cas Below 30 World Foundation, Subbalakshmi Lakshmipathy College of Science Alumni Association, Indian Fishnet Manufactures Association, Aboa Hasa Foundation and 5 more, all in the same principal business activity (activities of membership organisations).
Mohan Vasant Uchgaonkar ceased to be Additional Director on 29 Sep 2024. Ravindra Eknath Kothavade ceased to be Additional Director on 29 Sep 2024. Sangeeta Nitin Kulkarni ceased to be Additional Director on 29 Sep 2024. Business Ethics Foundation has 11 board changes on record in total.
The registered office of Business Ethics Foundation is at H. No. 17 Prashant Nagar Navi Peth Pune, Maharashtra, India – 411030.
Business Ethics Foundation operates in the non-profit organizations industry, in the membership organizations segment.
The compliance status of Business Ethics Foundation is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Business Ethics Foundation can be reached at its registered office: H. No. 17 Prashant Nagar Navi Peth Pune, Maharashtra, India – 411030.
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