Sitson Foundation
About Sitson Foundation
Data last updated:
Sitson Foundation is a private not for profit company based in Thane, Maharashtra, India. It operates in the recreation segment of the education and learning sector. It was incorporated on 11 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2017NPL299603.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramrao Sonu Nandris and Dilip Sitaram Bhamare.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 14 MIDC Phase I Dombivli (East), Thane, Maharashtra, India – 421203.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.32 Lakh, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Lakh (net margin 59.2%) and EBITDA of ₹1.37 Lakh (EBITDA margin 59.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sitson Foundation's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 14 MIDC Phase I Dombivli (East), Thane, Maharashtra, India – 421203
- IndustryEducation & Learing, Recreation, Cultural And Other Education, Sports
To see the full contact details of Sitson 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 Sitson Foundation is education. In detail, this covers sports, recreation, cultural and other education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of Sitson Foundation, buy the company report.
Financials of Sitson Foundation
FY 2024 filings availableSitson Foundation reported revenue of ₹2.32 Lakh (up 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 55% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.37 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.2% | ||||
| Net Profit Margin | 59.2% | ||||
| 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 Sitson Foundation, buy the company report.
Board of directors of Sitson Foundation
Sitson Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramrao Sonu Nandris Also directs: Sitaram Sugars and Allied Industries Limited, Sitson Soot Blowers Private Limited, Sitson India Limited and 2 more | Director | 11 Sep 2017 | 9 Years 1 Months | Current |
| Dilip Sitaram Bhamare Also directs: Sitaram Sugars and Allied Industries Limited, M.S. Techno Chem Private Limited, Sitson Soot Blowers Private Limited and 3 more | Director | 11 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Sitson Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (sports, recreation, cultural and other education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rising Solutions Private Limited | ₹2.36 Lakh (FY 2025) | -97.0% | Chennai, Tamil Nadu, India | |||
| Eureka Electrosoft Solutions Private Limited | ₹2.35 Lakh (FY 2024) | -41.0% | Chandigarh, India | |||
| Manovedh Development Foundation | ₹2.34 Lakh (FY 2023) | 59.0% | Nashik, Maharashtra, India | |||
| Amvarsh Education Private Limited | ₹2.34 Lakh (FY 2023) | Delhi, India | ||||
| Mystic Spiritual Center Private Limited | ₹2.32 Lakh (FY 2023) | 317.0% | Mysore, Karnataka, India | |||
| Sitson Foundationthis company | ₹2.32 Lakh (FY 2024) | ₹1.37 Lakh | 59.2% | 55.0% | Thane, Maharashtra, India | |
| Rise Up Now Marketing Private Limited | ₹2.31 Lakh (FY 2017) | Kotdwara, Uttarakhand, India | ||||
| Savarn Maha Sangh Foundation | ₹2.29 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| Coney Sports Private Limited | ₹2.28 Lakh (FY 2025) | 134.0% | Jaipur, Rajasthan, India | |||
| Barefoot Skateboarders Organization | ₹2.27 Lakh (FY 2025) | -48.0% | Panna, Madhya Pradesh, India | |||
| Aim of Care Youth Empowerment Foundation | ₹2.26 Lakh (FY 2025) | -15.0% | Delhi, India |
To see the full peer comparison of Sitson Foundation, buy the company report.
Auditor
Sitson Foundation is audited by DADLANI RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DADLANI RAO & CO | FY 2023 | 101984W |
Shareholding
The shareholding of Sitson Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sitson Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Sitson 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 Sitson 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 Sitson Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sitson Foundation has 2 board changes on record since 2017: 2 appointments. The latest: Dilip Sitaram Bhamare was appointed as Director on 11 Sep 2017.
Frequently asked questions
Sitson Foundation is an active private not for profit company based in Thane, Maharashtra, India. The company works in recreation, within the education and learning industry. It was incorporated on 11 September 2017 (9+ years old) and is registered under CIN U85300MH2017NPL299603.
Sitson Foundation has 2 current directors:
- Ramrao Sonu Nandris - Director
- Dilip Sitaram Bhamare - Director
The latest financial statements of Sitson Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Sitson Foundation is U85300MH2017NPL299603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitson Foundation was incorporated on 11 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sitson Foundation by revenue are Rising Solutions Private Limited, Eureka Electrosoft Solutions Private Limited, Manovedh Development Foundation, Amvarsh Education Private Limited, Mystic Spiritual Center Private Limited and 5 more, all in the same principal business activity (sports, recreation, cultural and other education).
Dilip Sitaram Bhamare was appointed as Director on 11 Sep 2017. Ramrao Sonu Nandris was appointed as Director on 11 Sep 2017.
The registered office of Sitson Foundation is at C – 14 MIDC Phase I Dombivli East, Thane, Maharashtra, India – 421203.
Sitson Foundation operates in the education and learning industry, in the recreation segment.
The compliance status of Sitson Foundation is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.
Sitson Foundation can be reached at its registered office: C – 14 MIDC Phase I Dombivli East, Thane, Maharashtra, India – 421203.