About Narayan Eye Foundations Private Limited
Data last updated:
Narayan Eye Foundations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 10 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1992PTC012711. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹27.78 Lakh. It is led by directors including Rajkamal Shetty and Rohit Shetty.
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 No. 121/C Chord Road Rajajinagar R Block, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.44 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.5 Cr (net margin 61.3%) and EBITDA of ₹2.17 Cr (EBITDA margin 88.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 66% over five years.
The company is associated with 1 brand: Narayana Nethralaya. As per MCA filings, the company has open charges of ₹1.12 Cr and satisfied charges of ₹13.62 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website narayananethralaya.org.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 121/C Chord Road Rajajinagar R Block, Bangalore, Karnataka, India – 560010
- IndustryHealthcare, Preventive Health Services
- 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
Associated Brands with Narayan Eye Foundations Private Limited
Narayan Eye Foundations operates one associated brand: Narayana Nethralaya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A network of ophthalmology hospitals is operated in India. | narayananethralaya.org |
Competitors & Alternatives of Narayan Eye Foundations Private Limited
Brands and companies operating in the same space as Narayan Eye Foundations Private Limited include Centre for Sight, Eye-Q, ASG Eye Hospitals and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Centre for Sight | Chain of eye care hospitals | Delhi, India | 2007 |
 Eye-Q | Eye care services are offered via a hospital chain. | Gurugram, India | 2007 |
 ASG Eye Hospitals | A chain of super specialty eye care hospitals is operated. | Jodhpur, India | 2005 |
 Maxivision Eye Hospital | Single specialty hospital for ophthalmology | Hyderabad, India | 2010 |
 Sharp Sight Eye Hospitals | Eye care treatments are delivered via a hospital network. | Delhi, India | 1992 |
 Vasan Eye Care | Eye-care hospital chain services are offered across India. | Chennai, India | 2002 |
 Dr. Agarwal's Eye Hospital | Chain of eye care hospitals | Chennai, India | 1957 |
 Disha Eye Hospitals | Offers eye care consultations, surgeries, and treatments across multiple locations in India. | Kolkata, India | 1997 |
 Aravind eye care system | Comprehensive ophthalmic services are delivered through a hospital chain. | Madurai, India | 1976 |
Auditor Details of Narayan Eye Foundations Private Limited
Narayan Eye Foundations Private Limited is audited by H SHIVAKUMAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H SHIVAKUMAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Narayan Eye Foundations Private Limited
Narayan Eye Foundations has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkamal Shetty | Director | 10 Jan 1992 | 34 Years 8 Months | Current |
| Rohit Shetty | Director | 29 Oct 2004 | 21 Years 11 Months | Current |
| Naina Shetty Also directs: Narayana Ophthalmic Research and Development LLP | Director | 29 Oct 2004 | 21 Years 11 Months | Current |
| Naren Shetty | Director | 14 Feb 2014 | 12 Years 7 Months | Current |
Financials of Narayan Eye Foundations Private Limited FY 2024 filings available
Narayan Eye Foundations Private Limited reported revenue of ₹2.44 Cr (up 955% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Narayan Eye Foundations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 955% 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 of Narayan Eye Foundations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.5 Cr | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Narayan Eye Foundations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 61.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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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 Narayan Eye Foundations are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Narayan Eye Foundations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Narayan Eye Foundations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2008 | Ge Capital Services India | ₹1 Cr | Open |
| 05 Jun 2008 | Abn Amro Bank Nv | ₹12 Lakh | Open |
| 18 Mar 2009 | Syndicate Bank | ₹1.05 Cr | Satisfied |
| 06 Oct 2006 | State Bank of India | ₹12 Cr | Satisfied |
| 15 Jun 2004 | Corporation Bank | ₹12 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Narayan Eye Foundations Private Limited
Employment history and EPFO contributions of people linked to Narayan Eye Foundations.
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.
GST Compliance of Narayan Eye Foundations Private Limited
Narayan Eye Foundations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
Legal Cases of Narayan Eye Foundations Private Limited
Narayan Eye Foundations Private Limited has 2 court cases on record: 1 filed by Narayan Eye Foundations, 1 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Latest cases (2 of 2; higher courts first)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against GKB Oppto Lab Private Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by GKB Optolab Private Limited | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Narayan Eye Foundations Private Limited
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 Narayan Eye Foundations Private Limited
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 Narayan Eye Foundations Private Limited
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.
MCA Filings & Documents of Narayan Eye Foundations Private Limited
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.
Recent Activity on Narayan Eye Foundations Private Limited
Frequently Asked Questions about Narayan Eye Foundations Private Limited
Narayan Eye Foundations is an active private limited company based in Bangalore, Karnataka, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 10 January 1992 (34+ years old) and is registered under CIN U85110KA1992PTC012711.
Narayan Eye Foundations reported revenue of ₹2.44 Cr for FY 2024 (up 955% YoY).
Narayan Eye Foundations has 4 current directors:
- Rajkamal Shetty - Director
- Rohit Shetty - Director
- Naina Shetty - Director
- Naren Shetty - Director
Narayan Eye Foundations reported a net profit of ₹1.5 Cr (net margin 61.3%) and EBITDA of ₹2.17 Cr (EBITDA margin 88.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Narayan Eye Foundations is 19% over three years and 66% over five years. In the latest year (FY 2024) revenue rose 955%. CAGR is the steady yearly rate that links the first and the last year.
No. Narayan Eye Foundations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Narayan Eye Foundations is U85110KA1992PTC012711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narayan Eye Foundations has 2 court cases on record: 1 filed by the company and 1 filed against it.
Narayan Eye Foundations was incorporated on 10 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.