Rhythm Foundation
About Rhythm Foundation
Data last updated:
Rhythm Foundation is a private not for profit company based in Vadodara, Gujarat, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 14 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85300GJ2021NPL122584.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ruchi Sharma and Urjita Nirav Bhalani.
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 Plot No. A – 1/3 4 Nr. Siddharth Bunglow Sama Savli Road, Vadodara, Gujarat, India – 390022.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.32 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹4.1 Lakh (net margin -25.1%) and EBITDA of ₹3.93 Lakh (EBITDA margin 24.1%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
Company details
Contact details
Rhythm Foundation's registered office is in Vadodara, Gujarat.
- Registered AddressPlot No. A – 1/3 4 Nr. Siddharth Bunglow Sama Savli Road, Vadodara, Gujarat, India – 390022
- 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 Rhythm Foundation is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
Financials of Rhythm Foundation
FY 2025 filings availableRhythm Foundation reported revenue of ₹16.32 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 4% fall in the latest year. EBITDA rose 331% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹3.93 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.1 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 24.1% | |||
| Net Profit Margin | -25.1% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Rhythm Foundation, buy the company report.
Board of directors of Rhythm Foundation
Rhythm Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchi Sharma | Director | 14 May 2021 | 5 Years 5 Months | Current |
| Urjita Nirav Bhalani Also directs: A-More Culinary LLP, Clinardia Research Private Limited | Director | 14 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Rhythm Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stark Emergency & Trauma Hospital Private Limited | ₹16.64 Lakh (FY 2023) | 3.0% | Motihar, Bihar, India | |||
| Dr Shyam Kadam Herbals Private Limited | ₹16.59 Lakh (FY 2021) | 22.0% | Sangli, Maharashtra, India | |||
| Modi Hospital and Endoscopy Institute Private Limited | ₹16.45 Lakh (FY 2025) | -37.0% | Akola, Maharashtra, India | |||
| City Multispeciality Hospital & Research Center Private Limited | ₹16.39 Lakh (FY 2024) | 9.0% | Padrauna, Uttar Pradesh, India | |||
| BGM Speciality Hospitals Private Limited | ₹16.32 Lakh (FY 2025) | -19.0% | Madurai, Tamil Nadu, India | |||
| Rhythm Foundationthis company | ₹16.32 Lakh (FY 2025) | -₹4.1 Lakh | -25.1% | -4.0% | Vadodara, Gujarat, India | |
| Acn Hospital & Research Centre Private Limited | ₹16.26 Lakh (FY 2025) | 17.0% | Delhi, India | |||
| Hirav Healthcare Private Limited | ₹16.1 Lakh (FY 2023) | Mawana, Uttar Pradesh, India | ||||
| Hygiea International Hospitals Private Limited | ₹16.09 Lakh (FY 2022) | 57.0% | Lucknow, Uttar Pradesh, India | |||
| Aster DM Multispecialty Hospital Private Limited | ₹16.06 Lakh (FY 2025) | 26.0% | Kochi, Kerala, India | |||
| Haniz Health Systems Private Limited | ₹16.03 Lakh (FY 2025) | 30.0% | Ground, Navsari 396445, Gujarat, India |
To see the full peer comparison of Rhythm Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Rhythm 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 Rhythm Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rhythm Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rhythm Foundation has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Viralben Chiragbhai Sheth ceased to be Director on 29 Aug 2025.
Frequently asked questions
Rhythm Foundation is an active private not for profit company based in Vadodara, Gujarat, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 14 May 2021 (5+ years old) and is registered under CIN U85300GJ2021NPL122584.
Rhythm Foundation has 2 current directors:
- Ruchi Sharma - Director
- Urjita Nirav Bhalani - Director
The latest financial statements of Rhythm 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Rhythm Foundation is U85300GJ2021NPL122584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rhythm Foundation was incorporated on 14 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rhythm Foundation by revenue are Stark Emergency & Trauma Hospital Private Limited, Dr Shyam Kadam Herbals Private Limited, Modi Hospital and Endoscopy Institute Private Limited, City Multispeciality Hospital & Research Center Private Limited, BGM Speciality Hospitals Private Limited and 5 more, all in the same principal business activity (hospital activities).
Viralben Chiragbhai Sheth ceased to be Director on 29 Aug 2025. Ruchi Sharma was appointed as Director on 14 May 2021. Urjita Nirav Bhalani was appointed as Director on 14 May 2021. Rhythm Foundation has 4 board changes on record in total.
The registered office of Rhythm Foundation is at Plot No. A – 13 4 Nr. Siddharth Bunglow Sama Savli Road, Vadodara, Gujarat, India – 390022.
Rhythm Foundation operates in the non-profit organizations industry, in the social work segment.
Rhythm Foundation can be reached at its registered office: Plot No. A – 13 4 Nr. Siddharth Bunglow Sama Savli Road, Vadodara, Gujarat, India – 390022.
Rhythm Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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