- #160 Ajay Jaisinghani ₹23,100 Cr

About Polycab Social Welfare Foundation
Data last updated:
Polycab Social Welfare Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 23 January 2020 and has been in existence for over 6 years.
Its director Ajay Jaisinghani is #160 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2020NPL336535.
It is led by directors Manita Carmen Albert Gonsalves and Ajay Jaisinghani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.22 Cr. For the same year it recorded a net profit of ₹6.85 Lakh (net margin 0.3%) and EBITDA of ₹15.32 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website polycab.com.
Company details
Recognitions & Rankings of Polycab Social Welfare Foundation
Contact details
Polycab Social Welfare Foundation's registered office is in Mumbai, Maharashtra. Its website is polycab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address29 The Ruby 21 Floor, Senapati Bapat Marg Tulsi Pipe Road, Mumbai, Maharashtra, India – 400028
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Polycab Social Welfare 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
Financials of Polycab Social Welfare Foundation
FY 2025 filings availablePolycab Social Welfare Foundation reported revenue of ₹26.22 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years. EBITDA rose 190% 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 | FY 2019-20 |
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| EBITDA | ₹15.32 Lakh | ||||
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| Net Profit (PAT) | ₹6.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Polycab Social Welfare Foundation, buy the company report.
Board of directors of Polycab Social Welfare Foundation
Polycab Social Welfare Foundation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manita Carmen Albert Gonsalves Also directs: Polycab Electricals & Electronics Private Limited, Polycon Infra Projects Private Limited, Polycab India Limited and 3 more | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Ajay Jaisinghani Also directs: Transigo Fleet LLP, Glowterra LLP, Polycab Electricals & Electronics Private Limited and 2 more | Director | 23 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Polycab Social Welfare Foundation is audited by PRASHANTSHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANTSHAH | FY 2023 | 303286 |
Shareholding
The shareholding of Polycab Social Welfare Foundation is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public |
To see the full shareholding pattern of Polycab Social Welfare Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Polycab Social Welfare 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 Polycab Social Welfare Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Polycab Social Welfare Foundation has a workforce of 15 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Polycab Social Welfare Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Polycab Social Welfare Foundation has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Manita Carmen Albert Gonsalves ceased to be Additional Director on 29 Sep 2025.
News
Frequently asked questions
Polycab Social Welfare Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 23 January 2020 (6+ years old) and is registered under CIN U85300MH2020NPL336535.
Polycab Social Welfare Foundation has 2 current directors:
- Manita Carmen Albert Gonsalves - Director
- Ajay Jaisinghani - Director
The latest financial statements of Polycab Social Welfare 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Polycab Social Welfare Foundation is U85300MH2020NPL336535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polycab Social Welfare Foundation was incorporated on 23 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Manita Carmen Albert Gonsalves ceased to be Additional Director on 29 Sep 2025. Inder Thakurdas Jaisinghani ceased to be Director on 29 Mar 2025. Manita Carmen Albert Gonsalves was appointed as Director on 28 Mar 2025. Polycab Social Welfare Foundation has 4 board changes on record in total.
Polycab Social Welfare Foundation can be reached through the website polycab.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Polycab Social Welfare Foundation is at 29 The Ruby 21 Floor, Senapati Bapat Marg Tulsi Pipe Road, Mumbai, Maharashtra, India – 400028.
Polycab Social Welfare Foundation operates in the non-profit organizations industry, in the social work segment.
Polycab Social Welfare Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.

