Honest Opinion Foundation
About Honest Opinion Foundation
Data last updated:
Honest Opinion Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the nursing segment of the healthcare sector. It was incorporated on 19 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85200PN2017NPL171033.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sachin Prakash Saraf and Prachi Sachin Shroff.
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 Sn – 126/12B Pn – 49 Warje Shrushti Apts Shreram Soc, Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2025, the company reported a revenue of ₹92.21 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹22.46 Lakh (net margin 24.4%) and EBITDA of ₹22.6 Lakh (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Honest Opinion Foundation's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSn – 126/12B Pn – 49 Warje Shrushti Apts Shreram Soc, Pune, Maharashtra, India – 411029
- IndustryHealthcare, Nursing, Dentalcare, Pathology
To see the full contact details of Honest Opinion Foundation, buy the company report.
- 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 Honest Opinion Foundation is human health and social work activities. In detail, this covers human health activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities |
To see the full business activity and turnover split of Honest Opinion Foundation, buy the company report.
Financials of Honest Opinion Foundation
FY 2025 filings availableHonest Opinion Foundation reported revenue of ₹92.21 Lakh (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 27% growth 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 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 | ₹22.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.46 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | ||||
| Net Profit Margin | 24.4% | ||||
| 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 Honest Opinion Foundation, buy the company report.
Board of directors of Honest Opinion Foundation
Honest Opinion Foundation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Prakash Saraf Also directs: Ssa Shipping & Re LLP, Northblock Technologies Private Limited, Concord Xxi Private Limited and 3 more | Director | 19 Jun 2017 | 9 Years 4 Months | Current |
| Prachi Sachin Shroff | Director | 23 Mar 2022 | 4 Years 7 Months | Current |
| Manisha Anupkumar Mhatre | Director | 23 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Honest Opinion Foundation is audited by KPPM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPPM & ASSOCIATES | FY 2023 | 142910 |
Shareholding
The shareholding of Honest Opinion Foundation 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Honest Opinion Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Honest Opinion 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 Honest Opinion 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 Honest Opinion Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Honest Opinion Foundation has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Ravindra Govind Saraf ceased to be Director on 06 Jun 2024.
Frequently asked questions
Honest Opinion Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in nursing, within the healthcare industry. It was incorporated on 19 June 2017 (9+ years old) and is registered under CIN U85200PN2017NPL171033.
Honest Opinion Foundation has 3 current directors:
- Sachin Prakash Saraf - Director
- Prachi Sachin Shroff - Director
- Manisha Anupkumar Mhatre - Director
The latest financial statements of Honest Opinion Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Honest Opinion Foundation is U85200PN2017NPL171033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Opinion Foundation was incorporated on 19 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Ravindra Govind Saraf ceased to be Director on 06 Jun 2024. Manisha Anupkumar Mhatre ceased to be Additional Director on 30 Sep 2022. Prachi Sachin Shroff ceased to be Additional Director on 30 Sep 2022. Honest Opinion Foundation has 6 board changes on record in total.
The registered office of Honest Opinion Foundation is at Sn – 12612B Pn – 49 Warje Shrushti Apts Shreram Soc, Pune, Maharashtra, India – 411029.
Honest Opinion Foundation operates in the healthcare industry, in the nursing segment.
The compliance status of Honest Opinion Foundation is compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.
Honest Opinion Foundation can be reached at its registered office: Sn – 12612B Pn – 49 Warje Shrushti Apts Shreram Soc, Pune, Maharashtra, India – 411029.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
