About Ncourage Social Enterprise Foundation
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Ncourage Social Enterprise Foundation is a public not for profit company based in Mumbai, Maharashtra, India, a subsidiary of Tata Chemicals Limited. It operates in the agricultural support services segment of the agriculture sector. It was incorporated on 08 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017NPL302618. Its GSTIN is 27AAFCN8645N1ZQ (Maharashtra). The company holds 10 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.55 Cr. It is led by directors including Alok Chandra and Nandakumar Seshadri Tirumalai.
Its last annual general meeting (AGM) was held on 08 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹36.91 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹2.19 Lakh (net margin -5.9%) and EBITDA of -₹2.16 Lakh (EBITDA margin -5.9%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 57% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ncourage.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ncouragefoundation.com.
Company details
Contact details
Ncourage Social Enterprise Foundation's registered office is in Mumbai, Maharashtra. Its website is ncouragefoundation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23rd Floor Vios Tower New Cuffe Parade Off Eastern Freeway W, Adala, Mumbai, Maharashtra, India – 400037
- IndustryAgriculture, Agricultural Support Services, Hunting
To see the full contact details of Ncourage Social Enterprise 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
Brands
Ncourage Social Enterprise Foundation operates one associated brand: Ncourage. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foundation focused on livelihood creation, capacity building, and rural entrepreneurship | ncouragefoundation.com |
Business activity
The main business activity of Ncourage Social Enterprise Foundation is water supply; sewerage, waste management and remediation activities. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 36 | Water collection, treatment and supply |
To see the full business activity and turnover split of Ncourage Social Enterprise Foundation, buy the company report.
Financials of Ncourage Social Enterprise Foundation
FY 2026 filings availableNcourage Social Enterprise Foundation reported revenue of ₹36.91 Lakh (down 84% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 84% fall in the latest year. EBITDA fell 101% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.91 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.19 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.9% | ||||
| Net Profit Margin | -5.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ncourage Social Enterprise Foundation, buy the company report.
Board of directors of Ncourage Social Enterprise Foundation
Ncourage Social Enterprise Foundation has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Chandra | Director | 18 Sep 2023 | 3 Years 1 Months | Current |
| Nandakumar Seshadri Tirumalai | Director | 04 Dec 2021 | 4 Years 11 Months | Current |
| Mukundan Ramakrishnan | Director | 08 Dec 2017 | 8 Years 11 Months | Current |
Auditor
Ncourage Social Enterprise Foundation is audited by B S R & Co. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2026 | 101248W/W-100022 |
Shareholding
The shareholding of Ncourage Social Enterprise Foundation is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ncourage Social Enterprise Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Ncourage Social Enterprise 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
Ncourage Social Enterprise Foundation has 2 MSME Form 1 returns on record between 2020 and 2023, listing 6 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| M K Agencies | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ncourage Social Enterprise Foundation, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ncourage Social Enterprise Foundation has a workforce of 7 employees on its EPFO records as of Apr 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 7 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Ncourage Social Enterprise Foundation, buy the company report.
GST
Ncourage Social Enterprise Foundation has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN8645N1ZQ | Maharashtra | Active | 06 Apr 2018 |
| 19AAFCN8645N1ZN | West Bengal | Active | 13 Apr 2018 |
To see the full GST registrations and return filing status of Ncourage Social Enterprise Foundation, buy the company report.
Recent activity
Ncourage Social Enterprise Foundation has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Alok Chandra was appointed as Director on 18 Sep 2023.
Frequently asked questions
Ncourage Social Enterprise Foundation is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in agricultural support services, within the agriculture industry. It was incorporated on 08 December 2017 (9+ years old) and is registered under CIN U74999MH2017NPL302618.
Ncourage Social Enterprise Foundation has 3 current directors:
- Alok Chandra - Director
- Nandakumar Seshadri Tirumalai - Director
- Mukundan Ramakrishnan - Director
The latest financial statements of Ncourage Social Enterprise Foundation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 September 2026. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Ncourage Social Enterprise Foundation is 27AAFCN8645N1ZQ, registered in Maharashtra. The company has 10 GST registrations in all, of which 2 are active and 8 are cancelled or inactive. Other active GSTINs include 19AAFCN8645N1ZN (West Bengal).
The CIN (Corporate Identification Number) of Ncourage Social Enterprise Foundation is U74999MH2017NPL302618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ncourage Social Enterprise Foundation was incorporated on 08 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Alok Chandra was appointed as Director on 18 Sep 2023. Nanda Rackanchath ceased to be Additional Director on 29 Jul 2022. Alka Talwar ceased to be Director on 06 Dec 2021. Ncourage Social Enterprise Foundation has 7 board changes on record in total.
Ncourage Social Enterprise Foundation has 2 MSME Form 1 returns on record between 2020 and 2023, listing 6 overdue payments to 6 micro and small suppliers. The latest return was filed on 07 Nov 2023.
Ncourage Social Enterprise Foundation can be reached through the website ncouragefoundation.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ncourage Social Enterprise Foundation is at 23rd Floor Vios Tower New Cuffe Parade Off Eastern Freeway W, Adala, Mumbai, Maharashtra, India – 400037.
Ncourage Social Enterprise Foundation operates in the agriculture industry, in the agricultural support services segment.
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