First Drop Change Foundation
About First Drop Change Foundation
Data last updated:
First Drop Change Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 16 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2021NPL146631.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Bejoy Balagopal and Radhika Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor 705 Sy No 73/1 73/2 Brigade Metropolis Garudacharpalya Mahadevapura, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.51 Lakh, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹87,008 (net margin 24.8%) and EBITDA of ₹87,008 (EBITDA margin 24.8%).
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- Registered Address7th Floor 705 Sy No 73/1 73/2 Brigade Metropolis Garudacharpalya Mahadevapura, Bangalore, Karnataka, India – 560048
- 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
- One PDF report, delivered after checkout
Business Activity of First Drop Change Foundation
The main business activity of First Drop Change Foundation is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 90 | Creative, arts and entertainment 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 First Drop Change Foundation FY 2025 filings available
First Drop Change Foundation reported revenue of ₹3.51 Lakh (up 114% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of First Drop Change Foundation
Revenue rose 114% in the latest year. EBITDA rose 147% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of First Drop Change Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹87,008 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹87,008 | •••• | •••• |
| 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 First Drop Change Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 24.8% | •••• | •••• |
| Net Profit Margin | 24.8% | •••• | •••• |
| 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 First Drop Change Foundation are in the company report.
Financial statements from FY 2022
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 First Drop Change Foundation
First Drop Change Foundation is compared with the companies closest to it by revenue in the same principal business activity (Creative, arts and entertainment activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 9Th Line Entertainment Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Woodpecker Movies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| All Things Music Foundation | •••• | •••• | •••• | •••• | - | Delhi, India |
| Opendg Private Limited | •••• | •••• | •••• | •••• | - | Madhapur, Telangana, India |
| RBN Entertainment & Music Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| First Drop Change Foundation this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Fanfare Entertainment Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Wolf Media Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| S.A.Core Facility Management Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Vinrag Media Private Limited | •••• | •••• | •••• | •••• | - | Saidapet, Tamil Nadu, India |
| MHNL Records Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below First Drop Change Foundation by revenue in the same principal business activity (Creative, arts and entertainment activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of First Drop Change Foundation
First Drop Change Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bejoy Balagopal Also directs: Firstdrop Theatre LLP | Director | 16 Apr 2021 | 5 Years 5 Months | Current |
| Radhika Jain Also directs: Firstdrop Theatre LLP | Director | 16 Apr 2021 | 5 Years 5 Months | Current |
Charges & Borrowings of First Drop Change Foundation
First Drop Change Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at First Drop Change Foundation
Employment history and EPFO contributions of people linked to First Drop Change 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.
Recent Activity on First Drop Change Foundation
First Drop Change Foundation has 2 board changes on record since 2021: 2 appointments. The latest: Bejoy Balagopal was appointed as Director on 16 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for First Drop Change Foundation
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 First Drop Change Foundation
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 First Drop Change Foundation
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 First Drop Change Foundation
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 First Drop Change Foundation
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 First Drop Change Foundation
First Drop Change Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 16 April 2021 (5+ years old) and is registered under CIN U85300KA2021NPL146631.
First Drop Change Foundation reported revenue of ₹3.51 Lakh for FY 2024 (up 114% YoY).
First Drop Change Foundation has 2 current directors:
- Bejoy Balagopal - Director
- Radhika Jain - Director
First Drop Change Foundation reported a net profit of ₹87,008 (net margin 24.8%) and EBITDA of ₹87,008 (EBITDA margin 24.8%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of First Drop Change Foundation is U85300KA2021NPL146631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Drop Change Foundation was incorporated on 16 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of First Drop Change Foundation by revenue are 9Th Line Entertainment Private Limited, Woodpecker Movies Private Limited, All Things Music Foundation, Opendg Private Limited, RBN Entertainment & Music Services Private Limited and 5 more, all in the same principal business activity (Creative, arts and entertainment activities).
Bejoy Balagopal was appointed as Director on 16 Apr 2021. Radhika Jain was appointed as Director on 16 Apr 2021.
The registered office of First Drop Change Foundation is at 7th Floor 705 Sy No 731 732 Brigade Metropolis Garudacharpalya Mahadevapura, Bangalore, Karnataka, India – 560048.
First Drop Change Foundation has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000.
First Drop Change Foundation operates in the non-profit organizations industry, in the social work segment.