Deenace Foundation
About Deenace Foundation
Data last updated:
Deenace Foundation is a private not for profit company based in Belgaum, Karnataka, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 12 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2019NPL127886.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Pateldinesh and Pooja Dinesh Patel.
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 Sy.No.1054 New Sambra Road Gandhinagar Belgaum Csd – 1, Karnataka, India – 590001.
As per the financials filed for FY 2024, the company reported a revenue of ₹70,389, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹75,411 (net margin -107.1%) and EBITDA of -₹75,011 (EBITDA margin -106.6%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years.
Company details
Contact details
Deenace Foundation's registered office is in Belgaum, Karnataka.
- Registered AddressSy.No.1054 New Sambra Road Gandhinagar Belgaum Csd – 1, Karnataka, India – 590001
- IndustryNon-Profit Organizations, Social Work
- 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
Financials of Deenace Foundation
FY 2024 filings availableDeenace Foundation reported revenue of ₹70,389 (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 170%. EBITDA fell 227% 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 |
|---|---|---|---|---|---|
| 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 | -₹75,011 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹75,411 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -106.6% | ||||
| Net Profit Margin | -107.1% | ||||
| 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 Deenace Foundation, buy the company report.
Board of directors of Deenace Foundation
Deenace Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Pateldinesh | Director | 12 Sep 2019 | 7 Years 1 Months | Current |
| Pooja Dinesh Patel | Director | 12 Sep 2019 | 7 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Deenace 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 Deenace 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 Deenace Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Deenace Foundation has 2 board changes on record since 2019: 2 appointments. The latest: Pooja Dinesh Patel was appointed as Director on 12 Sep 2019.
Frequently asked questions
Deenace Foundation is an active private not for profit company based in Belgaum, Karnataka, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 12 September 2019 (7+ years old) and is registered under CIN U85300KA2019NPL127886.
Deenace Foundation has 2 current directors:
- Vijay Pateldinesh - Director
- Pooja Dinesh Patel - Director
The latest financial statements of Deenace 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Deenace Foundation is U85300KA2019NPL127886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deenace Foundation was incorporated on 12 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Pooja Dinesh Patel was appointed as Director on 12 Sep 2019. Vijay Pateldinesh was appointed as Director on 12 Sep 2019.
The registered office of Deenace Foundation is at Sy.No.1054 New Sambra Road Gandhinagar Belgaum Csd – 1, Karnataka, India – 590001.
Deenace Foundation operates in the non-profit organizations industry, in the social work segment.
Deenace Foundation can be reached at its registered office: Sy.No.1054 New Sambra Road Gandhinagar Belgaum Csd – 1, Karnataka, India – 590001.
Deenace Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.