India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #7 Dilip Shanghvi ₹2,64,600 Cr
- #425 Sudhir V Valia & family ₹8,800 Cr
Revenue · FY 2026
₹191.7 Cr
▼ 18% YoY
Net profit · FY 2026
₹73.13 Cr
Net margin 38.1%
EBITDA · FY 2026
₹120.88 Cr
EBITDA margin 63.1%
Company age
22 yrs
Est. 2004
Employees · EPFO
135
Provident fund records
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2026
Balance sheet date
About Shantilal Shanghvi Foundation
Data last updated:
Shantilal Shanghvi Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the membership organizations segment of the membership organisations sector. It was incorporated on 24 May 2004 and has been in existence for over 22 years.
Its director Dilip Shanghvi is #7 among India's richest people (2026). Its director Sudhir V Valia and family are #425 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91990MH2004NPL146501. Its GSTIN is 27AAICS2540L1Z4 (Maharashtra).
It is led by directors including Sailesh Trambaklal Desai and Sudhir Vrundavandas Valia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Cs No. 3/207 4/207 Rj Gaikwad Road, Wadala East Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2026, the company reported a revenue of ₹191.7 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹73.13 Cr (net margin 38.1%) and EBITDA of ₹120.88 Cr (EBITDA margin 63.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 34% over five years.
The company has about 135 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 manntalks.org.
Company details
CIN U91990MH2004NPL146501
Registration Number 146501
Incorporation Date 24 May 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Shantilal Shanghvi Foundation has one previous CIN (Corporate Identification Number): U91990MH2004GAT146501. The current CIN is U91990MH2004NPL146501, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U91990MH2004NPL146501 | Current |
| U91990MH2004GAT146501 | Previous |
Key People
Sailesh Trambaklal Desai Director Sudhir Vrundavandas Valia Director Dilip Shantilal Shanghvi Director Recognitions & Rankings of Shantilal Shanghvi Foundation
Contact details
Shantilal Shanghvi Foundation's registered office is in Mumbai, Maharashtra. Its website is manntalks.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCs No. 3/207 4/207 Rj Gaikwad Road, Wadala East Mumbai, Maharashtra, India – 400037
- IndustryMembership Organizations, Membership Organizations
To see the full contact details of Shantilal Shanghvi Foundation, buy the company report.
Comprehensive company report
Shantilal Shanghvi Foundation - one report that includes everything
- 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
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Business activity
The main business activities of Shantilal Shanghvi Foundation are human health and social work activities and hospital and medical care. In detail, this covers human health activities and hospital activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities | |
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Shantilal Shanghvi Foundation, buy the company report.
Financials of Shantilal Shanghvi Foundation
FY 2026 filings availableShantilal Shanghvi Foundation reported revenue of ₹191.7 Cr (down 18% YoY) for FY 2026.
Revenue · FY 2026
₹191.7 Cr ▼ 18%
Net profit · FY 2026
₹73.13 Cr margin 38.1%
EBITDA · FY 2026
₹120.88 Cr margin 63.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 5%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▼ 32%
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 32% 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 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹191.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹120.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.13 Cr | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.1% | ||||
| Net Profit Margin | 38.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shantilal Shanghvi Foundation, buy the company report.
Board of directors of Shantilal Shanghvi Foundation
Shantilal Shanghvi Foundation has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sailesh Trambaklal Desai | Director | 24 May 2004 | 22 Years 5 Months | Current |
| Sudhir Vrundavandas Valia | Director | 24 May 2004 | 22 Years 5 Months | Current |
| Dilip Shantilal Shanghvi Also directs: Sun Petrochemicals Private Limited, Alfa Infraprop Private Limited, Aditya Clean Power Ventures Private Limited and 3 more | Director | 24 May 2004 | 22 Years 5 Months | Current |
| Vibha Dilip Shanghvi Also directs: Sun Petrochemicals Private Limited, Sun Petro Private Limited | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Shantilal Shanghvi Foundation is audited by VALIA & TIMBADIA CHARTERED ACCOUNTANTS for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VALIA & TIMBADIA CHARTERED ACCOUNTANTS | FY 2026 | 112241W |
Shareholding
The shareholding of Shantilal Shanghvi Foundation is on record for 5 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 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shantilal Shanghvi Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Shantilal Shanghvi 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 Shantilal Shanghvi Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shantilal Shanghvi Foundation has a workforce of 135 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
135
Active EPFO establishments
1
Employee growth
114.29%
GST
Shantilal Shanghvi Foundation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS2540L1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shantilal Shanghvi Foundation, buy the company report.
Recent activity
Shantilal Shanghvi Foundation has 4 board changes on record since 2004: 4 appointments. The latest: Vibha Dilip Shanghvi was appointed as Director on 30 Sep 2024.
Filing
Shantilal Shanghvi Foundation has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Shantilal Shanghvi Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Vibha Dilip Shanghvi was appointed as Director.
Appointed
Dilip Shantilal Shanghvi was appointed as Director.
Appointed
Sailesh Trambaklal Desai was appointed as Director.
Appointed
Sudhir Vrundavandas Valia was appointed as Director.
Incorporation
24 May 2004
Shantilal Shanghvi Foundation was registered on 24 May 2004 with Roc Mumbai & aged 22 years 5 months as per MCA records.
Frequently asked questions
Shantilal Shanghvi Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in the membership organizations industry. It was incorporated on 24 May 2004 (22+ years old) and is registered under CIN U91990MH2004NPL146501.
Shantilal Shanghvi Foundation has 4 current directors:
- Sailesh Trambaklal Desai - Director
- Sudhir Vrundavandas Valia - Director
- Dilip Shantilal Shanghvi - Director
- Vibha Dilip Shanghvi - Director
The latest financial statements of Shantilal Shanghvi Foundation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shantilal Shanghvi Foundation is 27AAICS2540L1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shantilal Shanghvi Foundation is U91990MH2004NPL146501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shantilal Shanghvi Foundation was incorporated on 24 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Vibha Dilip Shanghvi was appointed as Director on 30 Sep 2024. Dilip Shantilal Shanghvi was appointed as Director on 24 May 2004. Sailesh Trambaklal Desai was appointed as Director on 24 May 2004. Shantilal Shanghvi Foundation has 4 board changes on record in total.
Shantilal Shanghvi Foundation can be reached through the website manntalks.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shantilal Shanghvi Foundation is at Cs No. 3207 4207 Rj Gaikwad Road, Wadala East Mumbai, Maharashtra, India – 400037.
Shantilal Shanghvi Foundation operates in the membership organizations industry.
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