Hurun India Rich List 2026 edition · 1 director
- #1,028 Chetan Navnitlal Shah & family ₹2,600 Cr
Eyecare Foundation
Eyecare Foundation - professional services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Not For Profit Company professional services
Revenue · FY 2019
₹1.3 Lakh
▼ 17% YoY
Net profit · FY 2019
₹80,457
Net margin 61.7%
EBITDA · FY 2019
₹80,820
EBITDA margin 62%
Paid-up capital
₹7 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
Last financials
Mar 2019
Balance sheet date
Last AGM
30 Sep 2019
Annual general meeting
About Eyecare Foundation
Data last updated:
Eyecare Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the professional organization segment of the professional services sector. It was incorporated on 11 February 2005 and has been in existence for over 21 years.
Its director Chetan Navnitlal Shah and family are #1,028 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91120MH2005NPL151226.
The company has a paid-up capital of ₹7 Lakh. It is led by directors including Kumarpal Balabhai Desai and Burjor Hormusji Antia.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No. 77 13th Floor Dariya Mahal – B Wing 80 J. Mehta Road Malabar Hill, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.3 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹80,457 (net margin 61.7%) and EBITDA of ₹80,820 (EBITDA margin 62%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Eyecare Foundation
CIN U91120MH2005NPL151226
Registration Number 151226
Incorporation Date 11 February 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
CIN History of Eyecare Foundation
Eyecare Foundation has one previous CIN (Corporate Identification Number): U91120MH2005PTC151226. The current CIN is U91120MH2005NPL151226, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U91120MH2005NPL151226 | Current |
| U91120MH2005PTC151226 | Previous |
Key People
Kumarpal Balabhai Desai Director Burjor Hormusji Antia Director Chetan Navnitlal Shah Director Recognitions & Rankings of Eyecare Foundation
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No. 77 13th Floor Dariya Mahal – B Wing 80 J. Mehta Road Malabar Hill, Mumbai, Maharashtra, India – 400006
- IndustryProfessional Services, Professional Organization, Professional Organisation
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Financials of Eyecare Foundation FY 2019 filings available
Eyecare Foundation reported revenue of ₹1.3 Lakh (down 17% YoY) for FY 2019.
Revenue · FY 2019
₹1.3 Lakh ▼ 17%
Net profit · FY 2019
₹80,457 margin 61.7%
EBITDA · FY 2019
₹80,820 margin 62%
Compounded Annual Growth Rate (CAGR) of Eyecare Foundation
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 16%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 35%
5 years · compounded
▲ 20%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 45% 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 Eyecare Foundation
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.3 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹80,820 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹80,457 | •••• | •••• | •••• | •••• |
| 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 of Eyecare Foundation
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 61.7% | •••• | •••• | •••• | •••• |
| 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 Eyecare Foundation are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Eyecare Foundation
Eyecare Foundation has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumarpal Balabhai Desai | Director | 11 Feb 2005 | 21 Years 8 Months | Current |
| Burjor Hormusji Antia Also directs: Ampi Agencies Private Limited | Director | 11 Feb 2005 | 21 Years 8 Months | Current |
| Chetan Navnitlal Shah | Director | 11 Feb 2005 | 21 Years 8 Months | Current |
Auditor Details of Eyecare Foundation
Eyecare Foundation is audited by GAUTAM SHAH & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GAUTAM SHAH & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Eyecare Foundation
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Charges & Borrowings of Eyecare Foundation
Eyecare Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Eyecare Foundation
Employment history and EPFO contributions of people linked to Eyecare Foundation.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Eyecare Foundation
Eyecare Foundation has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Rasiklal Dalichand Doshi ceased to be Director on 15 Feb 2020.
Ceased
Rasiklal Dalichand Doshi ceased to be Director.
AGM
Eyecare Foundation last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Eyecare Foundation has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai I.
Ceased
Navnitlal Ratanji Shah ceased to be Director.
Appointed
Burjor Hormusji Antia was appointed as Director.
Appointed
Chetan Navnitlal Shah was appointed as Director.
Appointed
Kumarpal Balabhai Desai was appointed as Director.
Incorporation
11 Feb 2005
Eyecare Foundation was registered on 11 Feb 2005 with Roc Mumbai I & aged 21 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Eyecare Foundation
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Eyecare Foundation
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Subsidiaries & Group Companies of Eyecare Foundation
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Eyecare Foundation
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MCA Filings & Documents of Eyecare Foundation
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Frequently Asked Questions about Eyecare Foundation
Eyecare Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in professional organization, within the professional services industry. It was incorporated on 11 February 2005 (21+ years old) and is registered under CIN U91120MH2005NPL151226.
Eyecare Foundation reported revenue of ₹1.3 Lakh for FY 2019 (down 17% YoY).
Eyecare Foundation has 3 current directors:
- Kumarpal Balabhai Desai - Director
- Burjor Hormusji Antia - Director
- Chetan Navnitlal Shah - Director
Eyecare Foundation reported a net profit of ₹80,457 (net margin 61.7%) and EBITDA of ₹80,820 (EBITDA margin 62%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Eyecare Foundation is -16% over three years and 30% over five years. In the latest year (FY 2019) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Eyecare Foundation is U91120MH2005NPL151226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eyecare Foundation was incorporated on 11 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Rasiklal Dalichand Doshi ceased to be Director on 15 Feb 2020. Navnitlal Ratanji Shah ceased to be Director on 04 Sep 2014. Burjor Hormusji Antia was appointed as Director on 11 Feb 2005. Eyecare Foundation has 5 board changes on record in total.
The registered office of Eyecare Foundation is at Flat No. 77 13th Floor Dariya Mahal – B Wing 80 J. Mehta Road Malabar Hill, Mumbai, Maharashtra, India – 400006.
The paid-up capital is ₹7 Lakh.