About Sahara Welfare Foundation
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Sahara Welfare Foundation is a public not for profit company based in Kolkata, West Bengal, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 12 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U85320WB1995NPL072099. The company has 1 GST registration on record, which is no longer active.
It is led by directors including Sangeeta Dasgupta and Swapan Ghosh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sahara India Sadan 2A Shakespeare Sarani, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.68 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹2.87 Cr (net margin -61.3%) and EBITDA of -₹2.87 Cr (EBITDA margin -61.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 9% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sahara.in.
Company details
CIN history
Sahara Welfare Foundation has one previous CIN (Corporate Identification Number): U85320WB1995GAP072099. The current CIN is U85320WB1995NPL072099, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85320WB1995NPL072099 | Current |
| U85320WB1995GAP072099 | Previous |
Contact details
Sahara Welfare Foundation's registered office is in Kolkata, West Bengal. Its website is sahara.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSahara India Sadan 2A Shakespeare Sarani, Kolkata, West Bengal, India – 700071
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Sahara 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
Business activity
The main business activity of Sahara Welfare Foundation is hospital and medical care. In detail, this covers counselling, welfare, referral activities without accommodation for elderly and disabled. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q5 | Counselling, welfare, referral activities without accommodation for elderly and disabled |
Financials of Sahara Welfare Foundation
FY 2023 filings availableSahara Welfare Foundation reported revenue of ₹4.68 Cr (down 39% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 39% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.87 Cr | ||||
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| Net Profit (PAT) | -₹2.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -61.3% | ||||
| Net Profit Margin | -61.3% | ||||
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To see the full financial statements and ratios of Sahara Welfare Foundation, buy the company report.
Board of directors of Sahara Welfare Foundation
Sahara Welfare Foundation has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Dasgupta Also directs: Berget Buildcons Private Limited, Sudhir Chandra Sahara Sugar Industry Limited, Sahara Ind Capsac Limited and 5 more | Director | 24 Jun 2017 | 9 Years 4 Months | Current |
| Swapan Ghosh | Director | 16 Mar 2021 | 5 Years 7 Months | Current |
| Om Prakash Srivastava Also directs: Sahara India Power Corporation Limited, Sahara Hospitality Limited, Sahara India Life Insurance Company Limited and 2 more | Director | 12 Jun 1995 | 31 Years 4 Months | Current |
| Kumkum Roy Choudhary Also directs: Berget Buildcons Private Limited | Director | 10 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Sahara Welfare Foundation is audited by D S SHUKLA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S SHUKLA & CO | FY 2016 | 000773C |
Shareholding
The shareholding of Sahara Welfare Foundation is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public |
To see the full shareholding pattern of Sahara Welfare Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Sahara 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 Sahara Welfare Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sahara Welfare Foundation has a workforce of 53 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Sahara Welfare Foundation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sahara Welfare Foundation, buy the company report.
Recent activity
Sahara Welfare Foundation has 13 board changes on record since 1995: 4 appointments and 9 cessations. The latest: Vivek Sahai ceased to be Manager on 04 Oct 2024.
4 earlier events are in the company report.
News
Frequently asked questions
Sahara Welfare Foundation is an active public not for profit company based in Kolkata, West Bengal, India. The company works in educational support services, within the education and learning industry. It was incorporated on 12 June 1995 (31+ years old) and is registered under CIN U85320WB1995NPL072099.
Sahara Welfare Foundation has 4 current directors:
- Sangeeta Dasgupta - Director
- Swapan Ghosh - Director
- Om Prakash Srivastava - Director
- Kumkum Roy Choudhary - Director
The latest financial statements of Sahara Welfare Foundation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Sahara Welfare Foundation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sahara Welfare Foundation is U85320WB1995NPL072099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sahara Welfare Foundation was incorporated on 12 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Vivek Sahai ceased to be Manager on 04 Oct 2024. Swapan Ghosh ceased to be Additional Director on 30 Nov 2021. Subrata Roy Sahara ceased to be Director on 16 Mar 2021. Sahara Welfare Foundation has 13 board changes on record in total.
Sahara Welfare Foundation can be reached through the website sahara.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Sahara Welfare Foundation is at Sahara India Sadan 2A Shakespeare Sarani, Kolkata, West Bengal, India – 700071.
Sahara Welfare Foundation operates in the education and learning industry, in the educational support services segment.