Heart & Life Foundation
About Heart & Life Foundation
Data last updated:
Heart & Life Foundation is a private not for profit company based in Noida, Uttar Pradesh, India. It operates in the healthcare services segment of the healthcare sector. It was incorporated on 06 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U85100UP2020NPL130430.
It is led by directors Avinash Verma and Tarlochan Singh Kler.
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 F30/815 Mahagun Manor Sector 50, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.17 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Lakh (net margin 1.7%) and EBITDA of ₹3.63 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 501% over three years.
Company details
Contact details
Heart & Life Foundation's registered office is in Noida, Uttar Pradesh.
- Registered AddressF30/815 Mahagun Manor Sector 50, Noida, Uttar Pradesh, India – 201301
- IndustryHealthcare, Human Health Activities
- 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
Business activity
The main business activity of Heart & Life Foundation is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Heart & Life Foundation, buy the company report.
Financials of Heart & Life Foundation
FY 2024 filings availableHeart & Life Foundation reported revenue of ₹2.17 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 501% over three years, including 34% growth in the latest year. EBITDA fell 85% 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 |
|---|---|---|---|---|
| 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 | ₹3.63 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.63 Lakh | |||
| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.7% | |||
| Net Profit Margin | 1.7% | |||
| 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 | ||||
To see the full financial statements and ratios of Heart & Life Foundation, buy the company report.
Board of directors of Heart & Life Foundation
Heart & Life Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Verma Also directs: Star Centre for Advanced Cardiology Private Limited | Director | 06 Jul 2020 | 6 Years 3 Months | Current |
| Tarlochan Singh Kler | Director | 06 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Heart & Life Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Carenx Innovations Private Limited | ₹2.17 Cr (FY 2025) | 22.0% | Navi Mumbai, Maharashtra, India | |||
| Aryan Medicity Private Limited | ₹2.17 Cr (FY 2025) | 16.0% | Godda, Jharkhand, India | |||
| Veloze Medical Solutions Private Limited | ₹2.17 Cr (FY 2025) | 92.0% | Jaipur, Rajasthan, India | |||
| Bioprim Lifecare Private Limited | ₹2.17 Cr (FY 2025) | 28.0% | Thiruvananthapuram, Kerala, India | |||
| Element Diagnostics Private Limited | ₹2.17 Cr (FY 2024) | 333.0% | Agra, Uttar Pradesh, India | |||
| Heart & Life Foundationthis company | ₹2.17 Cr (FY 2024) | ₹3.63 Lakh | 1.7% | 34.0% | Noida, Uttar Pradesh, India | |
| Rewari Healthcare Private Limited | ₹2.17 Cr (FY 2024) | 5.0% | Gurgaon, Haryana, India | |||
| MDRC Scans & Health Care Private Limited | ₹2.16 Cr (FY 2023) | 5.0% | Alappuzha, Kerala, India | |||
| Nakularch Hospitals Private Limited | ₹2.16 Cr (FY 2025) | 6.0% | Lucknow, Uttar Pradesh, India | |||
| Sunelectro Medisystems Private Limited | ₹2.16 Cr (FY 2025) | 1492.0% | Mumbai, Maharashtra, India | |||
| Dr. Dagas Health Care and Research Centre Private Limited | ₹2.16 Cr (FY 2019) | 38.0% | Pune, Maharashtra, India |
To see the full peer comparison of Heart & Life Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Heart & Life 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 Heart & Life 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 Heart & Life Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Heart & Life Foundation has 2 board changes on record since 2020: 2 appointments. The latest: Avinash Verma was appointed as Director on 06 Jul 2020.
Frequently asked questions
Heart & Life Foundation is an active private not for profit company based in Noida, Uttar Pradesh, India. The company works in human health activities, within the healthcare industry. It was incorporated on 06 July 2020 (6+ years old) and is registered under CIN U85100UP2020NPL130430.
Heart & Life Foundation has 2 current directors:
- Avinash Verma - Director
- Tarlochan Singh Kler - Director
The latest financial statements of Heart & Life 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Heart & Life Foundation is U85100UP2020NPL130430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heart & Life Foundation was incorporated on 06 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Heart & Life Foundation by revenue are Carenx Innovations Private Limited, Aryan Medicity Private Limited, Veloze Medical Solutions Private Limited, Bioprim Lifecare Private Limited, Element Diagnostics Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).
Avinash Verma was appointed as Director on 06 Jul 2020. Tarlochan Singh Kler was appointed as Director on 06 Jul 2020.
The registered office of Heart & Life Foundation is at F30815 Mahagun Manor Sector 50, Noida, Uttar Pradesh, India – 201301.
Heart & Life Foundation operates in the healthcare industry, in the human health activities segment.
Heart & Life Foundation can be reached at its registered office: F30815 Mahagun Manor Sector 50, Noida, Uttar Pradesh, India – 201301.
Heart & Life Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Kanpur.