Iicare Foundation
About Iicare Foundation
Data last updated:
Iicare Foundation is a private not for profit company based in Navi Mumbai, Maharashtra, India. It operates in the education and training segment of the healthcare sector. It was incorporated on 25 February 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2022NPL377463. Its GSTIN is 27AAGCI6096P1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin Mahadeo Patil and Santosh Dhondiram Bhosale.
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 Flat – A704 Plot – 9 Sec – 1 Tulsi Prerana New Panvel (W), Navi Mumbai, Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.84 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹55.5 Lakh (net margin 14.4%) and EBITDA of ₹55.62 Lakh (EBITDA margin 14.5%).
Company details
Contact details
Iicare Foundation's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat – A704 Plot – 9 Sec – 1 Tulsi Prerana New Panvel (W), Navi Mumbai, Maharashtra, India – 410206
- IndustryHealthcare, Education, Cultural And Other Social Services, Regulation Of Healthcare
To see the full contact details of Iicare 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 Iicare Foundation is public services by government agencies. In detail, this covers regulation of healthcare, education, cultural and other social services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| O | Public Services by Government agencies | O2 | Regulation of healthcare, education, cultural and other social services |
To see the full business activity and turnover split of Iicare Foundation, buy the company report.
Financials of Iicare Foundation
FY 2024 filings availableIicare Foundation reported revenue of ₹3.84 Cr (up 14585% YoY) for FY 2024.
Financial Statement Summary
| 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 | ₹55.62 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹55.5 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.5% | ||
| Net Profit Margin | 14.4% | ||
| 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 Iicare Foundation, buy the company report.
Board of directors of Iicare Foundation
Iicare Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Mahadeo Patil Also directs: Ekta-Draksh Utpadak Farmer Producer Company Limited | Director | 25 Feb 2022 | 4 Years 7 Months | Current |
| Santosh Dhondiram Bhosale | Director | 25 Feb 2022 | 4 Years 7 Months | Current |
Peer comparison
Iicare Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (regulation of healthcare, education, cultural and other social services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Himachal Backward Classes Finance and Development Corporation | ₹4.34 Cr (FY 2021) | 13.0% | Himachal Pradesh, India | |||
| Axcelerate RCM Solutions Private Limited | ₹4.27 Cr (FY 2024) | 41.0% | Palayamkottai, Tamil Nadu, India | |||
| Capital Medicare Private Limited | ₹4.13 Cr (FY 2024) | Bhopal, Madhya Pradesh, India | ||||
| Driiv Foundation | ₹4.1 Cr (FY 2025) | 6.0% | Delhi, India | |||
| Tumakuru Smart City Limited | ₹4.01 Cr (FY 2024) | -12.0% | Tumkur, Karnataka, India | |||
| Iicare Foundationthis company | ₹3.84 Cr (FY 2024) | ₹55.5 Lakh | 14.4% | 14585.0% | Navi Mumbai, Maharashtra, India | |
| Karnataka Vishwakarma Communities Development Corporation Limited | ₹3.76 Cr (FY 2022) | 3.0% | Bangalore, Karnataka, India | |||
| Edcreate Social Foundation | ₹3.7 Cr (FY 2024) | 59.0% | Bangalore, Karnataka, India | |||
| Kutumbakam Narmada Vasudhaiva Foundation | ₹3.54 Cr (FY 2025) | 49.0% | Sanawad, Madhya Pradesh, India | |||
| Laxmipati Foundation | ₹3.37 Cr (FY 2025) | 130.0% | Surat, Gujarat, India | |||
| Al-Shifa Ayush Health Care Center Private Limited | ₹3.33 Cr (FY 2025) | 14.0% | Kadayanallur, Tamil Nadu, India |
To see the full peer comparison of Iicare Foundation, buy the company report.
Auditor
Iicare Foundation is audited by DEVGIRIKAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVGIRIKAR & ASSOCIATES | FY 2022 | 140495W |
Shareholding
The shareholding of Iicare Foundation is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Iicare Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Iicare 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 Iicare Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iicare Foundation has 1 active EPFO establishment as of Mar 31, 2024.
GST
Iicare Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI6096P1ZP | Maharashtra | Active | 07 Dec 2022 |
To see the full GST registrations and return filing status of Iicare Foundation, buy the company report.
Recent activity
Iicare Foundation has 2 board changes on record since 2022: 2 appointments. The latest: Sachin Mahadeo Patil was appointed as Director on 25 Feb 2022.
Frequently asked questions
Iicare Foundation is an active private not for profit company based in Navi Mumbai, Maharashtra, India. The company works in education, within the healthcare industry. It was incorporated on 25 February 2022 (4+ years old) and is registered under CIN U85300MH2022NPL377463.
Iicare Foundation has 2 current directors:
- Sachin Mahadeo Patil - Director
- Santosh Dhondiram Bhosale - Director
The latest financial statements of Iicare 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 2022 are in the company report.
The GSTIN of Iicare Foundation is 27AAGCI6096P1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iicare Foundation is U85300MH2022NPL377463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iicare Foundation was incorporated on 25 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Iicare Foundation by revenue are Himachal Backward Classes Finance and Development Corporation, Axcelerate RCM Solutions Private Limited, Capital Medicare Private Limited, Driiv Foundation, Tumakuru Smart City Limited and 5 more, all in the same principal business activity (regulation of healthcare, education, cultural and other social services).
Sachin Mahadeo Patil was appointed as Director on 25 Feb 2022. Santosh Dhondiram Bhosale was appointed as Director on 25 Feb 2022.
The registered office of Iicare Foundation is at Flat – A704 Plot – 9 Sec – 1 Tulsi Prerana New Panvel W, Navi Mumbai, Maharashtra, India – 410206.
Iicare Foundation operates in the healthcare industry, in the education segment.
Iicare Foundation can be reached at its registered office: Flat – A704 Plot – 9 Sec – 1 Tulsi Prerana New Panvel W, Navi Mumbai, Maharashtra, India – 410206.