Qknit Foundation
About Qknit Foundation
Data last updated:
Qknit Foundation is a private not for profit company based in Thane, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 06 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2021NPL372849.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Sumit Damubhai Pawar and Apurva Rajeev Paithane.
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 Flat No. 1 Lullas Arcade – 1 Chs Bhanusagar Kalyan, Thane, Maharashtra, India – 421301.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.04 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.5 Lakh (net margin 21.3%) and EBITDA of ₹1.5 Lakh (EBITDA margin 21.3%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No. 1 Lullas Arcade – 1 Chs Bhanusagar Kalyan, Thane, Maharashtra, India – 421301
- IndustryNon-Profit Organizations, Social Work
- 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
Financials of Qknit Foundation FY 2025 filings available
Qknit Foundation reported revenue of ₹7.04 Lakh (up 399% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Qknit Foundation
Revenue rose 399% in the latest year. EBITDA rose 85% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Qknit Foundation
| Metrics | FY 2024-25 | 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 | ₹1.5 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.5 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 of Qknit Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.3% | •••• | •••• | •••• |
| Net Profit Margin | 21.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Qknit Foundation are in the company report.
Financial statements from FY 2022
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.
Board of Directors of Qknit Foundation
Qknit Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Damubhai Pawar | Director | 06 Dec 2021 | 4 Years 10 Months | Current |
| Apurva Rajeev Paithane | Director | 06 Dec 2021 | 4 Years 10 Months | Current |
Charges & Borrowings of Qknit Foundation
Qknit Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Qknit Foundation
Employment history and EPFO contributions of people linked to Qknit Foundation.
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.
Recent Activity on Qknit Foundation
Qknit Foundation has 2 board changes on record since 2021: 2 appointments. The latest: Apurva Rajeev Paithane was appointed as Director on 06 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Qknit Foundation
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 Qknit Foundation
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 Qknit Foundation
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.
GST Compliance of Qknit Foundation
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.
MCA Filings & Documents of Qknit Foundation
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.
Frequently Asked Questions about Qknit Foundation
Qknit Foundation is an active private not for profit company based in Thane, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 06 December 2021 (5+ years old) and is registered under CIN U85300MH2021NPL372849.
Qknit Foundation reported revenue of ₹7.04 Lakh for FY 2025 (up 399% YoY).
Qknit Foundation has 2 current directors:
- Sumit Damubhai Pawar - Director
- Apurva Rajeev Paithane - Director
Qknit Foundation reported a net profit of ₹1.5 Lakh (net margin 21.3%) and EBITDA of ₹1.5 Lakh (EBITDA margin 21.3%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Qknit Foundation is U85300MH2021NPL372849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qknit Foundation was incorporated on 06 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Apurva Rajeev Paithane was appointed as Director on 06 Dec 2021. Sumit Damubhai Pawar was appointed as Director on 06 Dec 2021.
The registered office of Qknit Foundation is at Flat No. 1 Lullas Arcade – 1 Chs Bhanusagar Kalyan, Thane, Maharashtra, India – 421301.
Qknit Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000.
Qknit Foundation operates in the non-profit organizations industry, in the social work segment.