MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-02-0003312
Foundation for Neglected Disease Research - research & development in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.31 Cr
▲ 17% YoY
Net profit · FY 2024
₹2.6 Cr
Net margin 19.6%
EBITDA · FY 2024
₹2.99 Cr
EBITDA margin 22.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
34
Provident fund records
Directors on board
4
As per MCA filings
About Foundation for Neglected Disease Research
Data last updated:
Foundation for Neglected Disease Research is a private not for profit company based in Bengaluru, Karnataka, India. It operates in the research and development sector. It was incorporated on 01 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73200KA2014NPL076126. Its GSTIN is 29AACCF4518P1Z5 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Radha Krishan Shandil (Whole-Time Director) and Suri Venkatachalam.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 20A KIADB Industrial Area Veerapura Village Doddaballapur, Bengaluru, Karnataka, India – 561203.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.31 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹2.6 Cr (net margin 19.6%) and EBITDA of ₹2.99 Cr (EBITDA margin 22.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 19% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FNDR.
Foundation for Neglected Disease Research is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-02-0003312). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fndr.in.
Company details
CIN U73200KA2014NPL076126
Registration Number 076126
Incorporation Date 01 September 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-02-0003312
Key People
Shridhar Narayanan Ceo Radha Krishan Shandil Whole-Time Director Suri Venkatachalam Director Recognitions & Rankings of Foundation for Neglected Disease Research
Contact details
Foundation for Neglected Disease Research's registered office is in Bengaluru, Karnataka. Its website is fndr.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 20A KIADB Industrial Area Veerapura Village Doddaballapur, Bengaluru, Karnataka, India – 561203
- IndustryResearch & Development, Research & Development
To see the full contact details of Foundation for Neglected Disease Research, buy the company report.
Comprehensive company report
Foundation for Neglected Disease Research - one report that includes everything
- 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
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Business activity
The main business activity of Foundation for Neglected Disease Research is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Foundation for Neglected Disease Research, buy the company report.
Financials of Foundation for Neglected Disease Research
FY 2025 filings availableFoundation for Neglected Disease Research reported revenue of ₹13.31 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹13.31 Cr ▲ 17%
Net profit · FY 2024
₹2.6 Cr margin 19.6%
EBITDA · FY 2024
₹2.99 Cr margin 22.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 31%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 51%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 17% growth in the latest year. EBITDA rose 16% 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 | ₹2.99 Cr | ||||
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| Net Profit (PAT) | ₹2.6 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 22.5% | ||||
| Net Profit Margin | 19.6% | ||||
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To see the full financial statements and ratios of Foundation for Neglected Disease Research, buy the company report.
Board of directors and KMP of Foundation for Neglected Disease Research
Foundation for Neglected Disease Research currently reports 3 directors and 1 key managerial person. 8 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shridhar Narayanan | Ceo | 10 Jun 2017 | 9 Years 5 Months | Current |
| Suri Venkatachalam | Director | 10 Jun 2017 | 9 Years 5 Months | Current |
| Radha Krishan Shandil | Whole-Time Director | 05 Sep 2014 | 12 Years 2 Months | Current |
| Hemalatha Krishnamurthy | Director | 09 Jul 2020 | 6 Years 4 Months | Current |
Peer comparison
Foundation for Neglected Disease Research is compared with the 8 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Auto Cluster Development and Research Institute | ₹13.5 Cr (FY 2024) | 14.0% | Pune, Maharashtra, India | |||
| Apex Dairy Technology India Private Limited | ₹13.43 Cr (FY 2025) | -25.0% | Baramati, Maharashtra, India | |||
| Navin Saxena Research and Technology Private Limited | ₹13.34 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Cliniexperts Services Private Limited | ₹13.33 Cr (FY 2024) | -7.0% | New Delhi, Delhi, India | |||
| Foundation for Neglected Disease Researchthis company | ₹13.31 Cr (FY 2024) | ₹2.6 Cr | 19.6% | 17.0% | 34 | Bengaluru, Karnataka, India |
| Arbolus Technologies India Private Limited | ₹13.3 Cr (FY 2024) | 70.0% | Gurgaon, Haryana, India | |||
| Aereo Manufacturing Private Limited | ₹13.09 Cr (FY 2024) | Bangalore, Karnataka, India | ||||
| Pharmaquant Insights Private Limited | ₹13.02 Cr (FY 2025) | 40.0% | Kolkata, West Bengal, India | |||
| Admerus Biosciences Private Limited | ₹12.8 Cr (FY 2024) | -43.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Foundation for Neglected Disease Research, buy the company report.
Auditor
Foundation for Neglected Disease Research is audited by Guru Jana & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru Jana & Associates | FY 2023 | 025194S |
Shareholding
The shareholding of Foundation for Neglected Disease Research is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Foundation for Neglected Disease Research, buy the company report.
Legal cases
No court or tribunal cases involving Foundation for Neglected Disease Research 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 Foundation for Neglected Disease Research; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foundation for Neglected Disease Research has a workforce of 34 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
-8.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 34 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Foundation for Neglected Disease Research, buy the company report.
GST
Foundation for Neglected Disease Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF4518P1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Foundation for Neglected Disease Research, buy the company report.
Recent activity
Foundation for Neglected Disease Research has 11 board changes on record since 2014: 4 appointments and 7 cessations. The latest: Hemalatha Krishnamurthy ceased to be Additional Director on 09 Sep 2020.
AGM
Foundation For Neglected Disease Research last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Foundation For Neglected Disease Research has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Hemalatha Krishnamurthy ceased to be Additional Director.
Appointed
Hemalatha Krishnamurthy was appointed as Director.
Ceased
Gayatri Saberwal ceased to be Additional Director.
Ceased
Gopal Krishnan Panthiyil ceased to be Director.
Ceased
Pradeep Panicker ceased to be Additional Director.
Ceased
Suri Venkatachalam ceased to be Additional Director.
Appointed
Shridhar Narayanan was appointed as CEO.
Appointed
Suri Venkatachalam was appointed as Director.
Ceased
Radha Krishan Shandil ceased to be Additional Director.
Ceased
Shridhar Narayanan ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Foundation for Neglected Disease Research is an active private not for profit company based in Bengaluru, Karnataka, India. The company works in the research and development industry. It was incorporated on 01 September 2014 (12+ years old) and is registered under CIN U73200KA2014NPL076126.
Foundation for Neglected Disease Research has 4 current directors and KMP:
- Radha Krishan Shandil - Whole-Time Director
- Suri Venkatachalam - Director
- Hemalatha Krishnamurthy - Director
- Shridhar Narayanan - Ceo
The latest financial statements of Foundation for Neglected Disease Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Foundation for Neglected Disease Research is 29AACCF4518P1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Foundation for Neglected Disease Research is U73200KA2014NPL076126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foundation for Neglected Disease Research was incorporated on 01 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Foundation for Neglected Disease Research by revenue are Auto Cluster Development and Research Institute, Apex Dairy Technology India Private Limited, Navin Saxena Research and Technology Private Limited, Cliniexperts Services Private Limited, Arbolus Technologies India Private Limited and 3 more, all in the same principal business activity (scientific research and development).
Hemalatha Krishnamurthy ceased to be Additional Director on 09 Sep 2020. Hemalatha Krishnamurthy was appointed as Director on 09 Jul 2020. Gayatri Saberwal ceased to be Additional Director on 22 Sep 2018. Foundation for Neglected Disease Research has 11 board changes on record in total.
Yes, Foundation for Neglected Disease Research is registered as an MSME under Udyam registration (number: UDYAM-KR-02-0003312).
Foundation for Neglected Disease Research can be reached through the website fndr.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Foundation for Neglected Disease Research is at Plot No. 20A KIADB Industrial Area Veerapura Village Doddaballapur, Bengaluru, Karnataka, India – 561203.
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