
Rays of Life Foundation
About Rays of Life Foundation
Data last updated:
Rays of Life 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 06 June 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2022NPL384148.
The company has an authorised share capital of ₹3,000 and a paid-up capital of ₹2,140. It is led by directors including Sundararaman Ramakrishnan Iyer and Sachin Ramesh Raje.
Its last annual general meeting (AGM) was held on 02 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A1002 Oberoi Park View Thakur Vgl Kandivali East W.E.Higway, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2026, the company reported a revenue of ₹24.37 Lakh, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Lakh (net margin 5.7%) and EBITDA of ₹1.52 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rays of Life Foundation's registered office is in Mumbai, Maharashtra.
- Registered AddressA1002 Oberoi Park View Thakur Vgl Kandivali East W.E.Higway, Mumbai, Maharashtra, India – 400101
- 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
Business activity
The main business activity of Rays of Life Foundation is human health and social work activities. In detail, this covers social work activities without accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 88 | Social work activities without accommodation |
To see the full business activity and turnover split of Rays of Life Foundation, buy the company report.
Financials of Rays of Life Foundation
FY 2026 filings availableRays of Life Foundation reported revenue of ₹24.37 Lakh (up 70% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 74% over three years, including 70% growth in the latest year. EBITDA fell 17% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹24.37 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.52 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.39 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.2% | |||
| Net Profit Margin | 5.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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To see the full financial statements and ratios of Rays of Life Foundation, buy the company report.
Board of directors of Rays of Life Foundation
Rays of Life Foundation has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundararaman Ramakrishnan Iyer Also directs: Green2go Private Limited | Director | 06 Jun 2022 | 4 Years 5 Months | Current |
| Sachin Ramesh Raje Also directs: Akiraka Advisors LLP | Director | 06 Jun 2022 | 4 Years 5 Months | Current |
| Deepak Narottamdas Kanabar Also directs: Lekha Consultancy LLP | Director | 01 Sep 2025 | 1 Years 2 Months | Current |
| Anjali Deshpande | Director | 08 Nov 2024 | 2 Years 0 Months | Current |
| Pratiq Chaitanya Shah | Director | 09 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Rays of Life Foundation is audited by S. Srivatsan & Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Srivatsan & Co. | FY 2026 | 110442W |
Shareholding
The shareholding of Rays of Life Foundation is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rays of Life Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Rays of Life 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 Rays of Life Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rays of Life Foundation has 1 active EPFO establishment as of Mar 29, 2024.
GST
No GST registration is on our record for Rays of Life Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rays of Life Foundation has 7 board changes on record since 2022: 5 appointments and 2 cessations. The latest: Deepak Narottamdas Kanabar was appointed as Director on 01 Sep 2025.
Frequently asked questions
Rays of Life 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 06 June 2022 (4+ years old) and is registered under CIN U85300MH2022NPL384148.
Rays of Life Foundation has 5 current directors:
- Sundararaman Ramakrishnan Iyer - Director
- Sachin Ramesh Raje - Director
- Deepak Narottamdas Kanabar - Director
- Anjali Deshpande - Director
- Pratiq Chaitanya Shah - Director
The latest financial statements of Rays of Life Foundation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 02 July 2026. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Rays of Life Foundation is U85300MH2022NPL384148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rays of Life Foundation was incorporated on 06 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Narottamdas Kanabar was appointed as Director on 01 Sep 2025. Anjali Deshpande ceased to be Additional Director on 04 Jul 2025. Pratiq Chaitanya Shah ceased to be Additional Director on 04 Jul 2025. Rays of Life Foundation has 7 board changes on record in total.
The registered office of Rays of Life Foundation is at A1002 Oberoi Park View Thakur Vgl Kandivali East W.E.Higway, Mumbai, Maharashtra, India – 400101.
Rays of Life Foundation operates in the non-profit organizations industry, in the social work segment.
The compliance status of Rays of Life Foundation is compliant as of 02 November 2026. The company is actively filing with the Registrar of Companies.
Rays of Life Foundation can be reached at its registered office: A1002 Oberoi Park View Thakur Vgl Kandivali East W.E.Higway, Mumbai, Maharashtra, India – 400101.

