About Eye Foundation Limited
Data last updated:
Eye Foundation Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the eye care and ophthalmology clinics segment of the healthcare sector. It was incorporated on 06 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U03311TZ1997PLC011249. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10.1 Cr and a paid-up capital of ₹9.81 Cr. It was formerly known as Lasik Centre (India) Limited and Lasik Centre (India) Private Limited. It is led by directors including Shreyas Ramamurthy (Managing Director) and Dhandapani Ramamurthy (Managing Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 582A D B Road R S Puram, Coimbatore, Tamil Nadu, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹288.59 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹73.79 Cr (net margin 25.6%) and EBITDA of ₹127.84 Cr (EBITDA margin 44.3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 32% over five years.
The company is associated with 1 brand: The Eye Foundation.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theeyefoundation.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address582A D B Road R S Puram, Coimbatore, Tamil Nadu, India
- IndustryHealthcare, Eye Care & Ophthalmology Clinics
- 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
Business Activity of Eye Foundation Limited
The main business activity of Eye Foundation is hospital and medical care. In detail, this covers hospital activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Eye Foundation Limited FY 2025 filings available
Eye Foundation Limited reported revenue of ₹288.59 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Eye Foundation Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 18% 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 of Eye Foundation Limited
| 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 | ₹127.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹73.79 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Eye Foundation Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Eye 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.
Peer Comparison of Eye Foundation Limited
Eye Foundation Limited is compared with the companies closest to it by revenue in the Healthcare industry (Eye Care). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Disha Eye Hospitals Private Limited | ₹458.5 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Biotech Vision Care Private Limited | ₹455.23 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Ahmedabad, Gujarat, India |
| Maxivision Eye Hospitals Private Limited | ₹404.34 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Dr. Agarwal's Eye Hospital Limited Listed | ₹402.24 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Vasan Health Care Private Limited | ₹326.53 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Chennai, Tamil Nadu, India |
| Eye Foundation Limited this company | ₹288.59 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sharp Sight Laser Centre Private Limited | ₹160.18 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Eye-Q Vision Private Limited | ₹144.36 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Eye 7 Hospitals Private Limited | ₹139.72 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| M.M.Joshi Eye Institute Private Limited | ₹94.6 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hubli, Karnataka, India |
| Nethradhama Hospitals Private Limited | ₹88.86 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Eye Foundation by revenue in the Healthcare industry (Eye Care), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Eye Foundation Limited
Eye Foundation Limited is audited by P.N. Raghavendra Rao & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.N. Raghavendra Rao & 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.
Board of Directors of Eye Foundation Limited
Eye Foundation has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandakumar Jairam | Director | 25 Sep 2025 | 1 Years 0 Months | Current |
| Panchapakesan Vijay Raghunath Also directs: Kovilpatti Lakshmi Roller Flour Mills Limited, Precot Limited, Pricol Limited and 1 more | Director | 23 Mar 2023 | 3 Years 6 Months | Current |
| Dandapani Swaminathan | Director | 23 Mar 2023 | 3 Years 6 Months | Current |
| Chitra Ramamurthy | Whole-Time Director | 30 Sep 1999 | 27 Years 0 Months | Current |
| Shreyas Ramamurthy Also directs: Eyereach Meds LLP | Managing Director | 10 Dec 2012 | 13 Years 10 Months | Current |
| Arjun Anand Also directs: VRB Consumer Products Private Limited, Drums Food International Private Limited, Manash Lifestyle Private Limited and 1 more | Director | 17 Oct 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Eye Foundation Limited
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 Eye Foundation Limited
Eye Foundation Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Eye Foundation Limited
Eye Foundation operates one associated brand: The Eye Foundation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a chain of hospitals specializing in eye care services. | theeyefoundation.com |
Employees and EPFO Compliance at Eye Foundation Limited
Employment history and EPFO contributions of people linked to Eye 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.
Name History of Eye Foundation Limited
Eye Foundation has undergone 2 name changes throughout its history. The company was previously known as Lasik Centre (India) Limited, and Lasik Centre (India) Private Limited. The current legal name is Eye Foundation Limited.
| Company Name | Status |
|---|---|
| Eye Foundation Limited | Current |
| Lasik Centre (India) Limited | Previous |
| Lasik Centre (India) Private Limited | Previous |
CIN History of Eye Foundation Limited
Eye Foundation has one previous CIN (Corporate Identification Number): U03311TZ1997PTC011249. The current CIN is U03311TZ1997PLC011249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U03311TZ1997PLC011249 | Current |
| U03311TZ1997PTC011249 | Previous |
Recent Activity on Eye Foundation Limited
Eye Foundation Limited has 15 board changes on record since 1997: 7 appointments and 8 cessations. The latest: Arjun Anand ceased to be Additional Director on 20 Oct 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Eye Foundation Limited
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 Eye Foundation Limited
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 Eye Foundation Limited
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 Eye Foundation Limited
Eye Foundation has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Eye Foundation Limited
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 Eye Foundation Limited
Eye Foundation is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in eye care and ophthalmology clinics, within the healthcare industry. It was incorporated on 06 May 1997 (29+ years old) and is registered under CIN U03311TZ1997PLC011249.
Eye Foundation reported revenue of ₹288.59 Cr for FY 2025 (down 1% YoY).
Eye Foundation has 7 current directors:
- Shreyas Ramamurthy - Managing Director
- Dhandapani Ramamurthy - Managing Director
- Chitra Ramamurthy - Whole-Time Director
- Nandakumar Jairam - Director
- Panchapakesan Vijay Raghunath - Director
- Dandapani Swaminathan - Director
- Arjun Anand - Director
Eye Foundation reported a net profit of ₹73.79 Cr (net margin 25.6%) and EBITDA of ₹127.84 Cr (EBITDA margin 44.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Eye Foundation is 31% over three years and 32% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
No. Eye Foundation has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Eye Foundation is U03311TZ1997PLC011249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eye Foundation was incorporated on 06 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Eye Foundation by revenue are Disha Eye Hospitals Private Limited, Biotech Vision Care Private Limited, Maxivision Eye Hospitals Private Limited, Dr. Agarwal's Eye Hospital Limited, Vasan Health Care Private Limited and 5 more, all in the Healthcare industry (Eye Care).
Arjun Anand ceased to be Additional Director on 20 Oct 2025. Arjun Anand was appointed as Director on 17 Oct 2025. Nandakumar Jairam ceased to be Additional Director on 05 Oct 2025. Eye Foundation has 15 board changes on record in total.
Eye Foundation can be reached through the website theeyefoundation.com. Its registered office is in Coimbatore, Tamil Nadu, India.