Chirag Rural Development Foundation
About Chirag Rural Development Foundation
Data last updated:
Chirag Rural Development Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the support services segment of the services sector. It was incorporated on 28 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2011NPL225489.
The company has a paid-up capital of ₹10,000. It is led by directors including Sapna Uday Malya and Pratibha Pai.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.96 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Lakh (net margin 0.6%) and EBITDA of ₹5.17 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chirag Rural Development Foundation's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address302 Floor 3rd Plot 506A Doli Chambers, Bhaskarrao Kargutkar Marg Strand Cinema Colaba, Mumbai, Maharashtra, India – 400005
- IndustryService, Other Support Services
To see the full contact details of Chirag Rural Development 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 Chirag Rural Development Foundation is public services by government agencies. In detail, this covers regulation of healthcare, education, cultural and other social services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| O | Public Services by Government agencies | O2 | Regulation of healthcare, education, cultural and other social services |
To see the full business activity and turnover split of Chirag Rural Development Foundation, buy the company report.
Financials of Chirag Rural Development Foundation
FY 2024 filings availableChirag Rural Development Foundation reported revenue of ₹4.96 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 85% 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 | ₹5.17 Lakh | ||||
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| Net Profit (PAT) | ₹2.98 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 | 1% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Chirag Rural Development Foundation, buy the company report.
Board of directors of Chirag Rural Development Foundation
Chirag Rural Development Foundation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sapna Uday Malya | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
| Pratibha Pai Also directs: Axys Nutrition Products Private Limited | Director | 28 Dec 2011 | 14 Years 9 Months | Current |
| Sajju Jayesh Jain | Director | 28 Dec 2011 | 14 Years 9 Months | Current |
Peer comparison
Chirag Rural Development Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (regulation of healthcare, education, cultural and other social services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Myrtace Healthcare Private Limited | ₹5.73 Cr (FY 2025) | -27.0% | Chennai, Tamil Nadu, India | |||
| Foundation for Accelerating Philanthropy | ₹5.47 Cr (FY 2025) | 43.0% | Delhi, India | |||
| Seven Billion Breaths Private Limited | ₹5.32 Cr (FY 2024) | 64.0% | Chennai, Tamil Nadu, India | |||
| Majha Ghar Foundation | ₹5.14 Cr (FY 2025) | 158.0% | Pune, Maharashtra, India | |||
| Assam State Development Corpn. for Scheduled Castes Ltd. | ₹5 Cr (FY 2021) | -11.0% | Guwahati, Assam, India | |||
| Chirag Rural Development Foundationthis company | ₹4.96 Cr (FY 2024) | ₹2.98 Lakh | 0.6% | -11.0% | Mumbai, Maharashtra, India | |
| Chandigarh S C Backward Classes and Minorities Finl.Anddev Corpn Ltd | ₹4.79 Cr (FY 2019) | -6.0% | Chandhigarh, Chandigarh, India | |||
| Himachal Backward Classes Finance and Development Corporation | ₹4.34 Cr (FY 2021) | 13.0% | Himachal Pradesh, India | |||
| Axcelerate RCM Solutions Private Limited | ₹4.27 Cr (FY 2024) | 41.0% | Palayamkottai, Tamil Nadu, India | |||
| Capital Medicare Private Limited | ₹4.13 Cr (FY 2024) | Bhopal, Madhya Pradesh, India | ||||
| Driiv Foundation | ₹4.1 Cr (FY 2025) | 6.0% | Delhi, India |
To see the full peer comparison of Chirag Rural Development Foundation, buy the company report.
Shareholding
The shareholding of Chirag Rural Development Foundation is on record for FY 2016, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Chirag Rural Development Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Chirag Rural Development 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 Chirag Rural Development 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 Chirag Rural Development Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Chirag Rural Development Foundation has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Sapna Uday Malya ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Chirag Rural Development Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in other support services, within the service industry. It was incorporated on 28 December 2011 (15+ years old) and is registered under CIN U85100MH2011NPL225489.
Chirag Rural Development Foundation has 3 current directors:
- Sapna Uday Malya - Director
- Pratibha Pai - Director
- Sajju Jayesh Jain - Director
The latest financial statements of Chirag Rural Development 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 Chirag Rural Development Foundation is U85100MH2011NPL225489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chirag Rural Development Foundation was incorporated on 28 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chirag Rural Development Foundation by revenue are Myrtace Healthcare Private Limited, Foundation for Accelerating Philanthropy, Seven Billion Breaths Private Limited, Majha Ghar Foundation, Assam State Development Corpn. for Scheduled Castes Ltd. and 5 more, all in the same principal business activity (regulation of healthcare, education, cultural and other social services).
Sapna Uday Malya ceased to be Additional Director on 31 Dec 2020. Sapna Uday Malya was appointed as Director on 01 Jul 2020. Nikunj Pravin Jhaveri ceased to be Director on 25 Mar 2019. Chirag Rural Development Foundation has 6 board changes on record in total.
The registered office of Chirag Rural Development Foundation is at 302 Floor 3rd Plot 506A Doli Chambers, Bhaskarrao Kargutkar Marg Strand Cinema Colaba, Mumbai, Maharashtra, India – 400005.
Chirag Rural Development Foundation operates in the service industry, in the other support services segment.
The compliance status of Chirag Rural Development Foundation is compliant as of 28 September 2026. The company is actively filing with the Registrar of Companies.
Chirag Rural Development Foundation can be reached at its registered office: 302 Floor 3rd Plot 506A Doli Chambers, Bhaskarrao Kargutkar Marg Strand Cinema Colaba, Mumbai, Maharashtra, India – 400005.