
Solo Research Foundation
About Solo Research Foundation
Data last updated:
Solo Research Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 30 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016NPL165291.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sunita Rajesh Tandulwadkar and Rajesh Chandrakant Tandulwadkar.
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 Occ Fl No. 50/51 Solo Clinic Bl C Shardaram Park S. No. 37/37/1 Sasoon Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.11 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹1.36 Lakh (net margin -11.2%) and EBITDA of -₹3,163 (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solo Research Foundation's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOcc Fl No. 50/51 Solo Clinic Bl C Shardaram Park S. No. 37/37/1 Sasoon Road, Pune, Maharashtra, India – 411001
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Solo Research 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 Solo Research Foundation is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Solo Research Foundation, buy the company report.
Financials of Solo Research Foundation
FY 2025 filings availableSolo Research Foundation reported revenue of ₹12.11 Lakh (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 76% fall in the latest year. EBITDA fell 100% 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 | -₹3,163 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.36 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 | -0.3% | ||||
| Net Profit Margin | -11.2% | ||||
| 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 Solo Research Foundation, buy the company report.
Board of directors of Solo Research Foundation
Solo Research Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Rajesh Tandulwadkar | Director | 30 Jun 2016 | 10 Years 3 Months | Current |
| Rajesh Chandrakant Tandulwadkar Also directs: Alreschaa Life Sciences LLP, Solo Stemcells Private Limited | Director | 30 Jun 2016 | 10 Years 3 Months | Current |
| Rishi Rajesh Tandulwadkar | Director | 30 Jun 2016 | 10 Years 3 Months | Current |
Peer comparison
Solo Research Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Healthok Services Private Limited | ₹12.13 Lakh (FY 2024) | -27.0% | Gorakhpur, Uttar Pradesh, India | |||
| Karuna Drugs Private Limited | ₹12.12 Lakh (FY 2016) | 0.0% | Hyderabad, Telangana, India | |||
| Derma Den Skin Care and Laser Centre Private Limited | ₹12.12 Lakh (FY 2024) | -28.0% | Bhopal, Madhya Pradesh, India | |||
| Saisanjeevani Medical Centre Private Limited | ₹12.12 Lakh (FY 2024) | -26.0% | Indirapuram, Uttar Pradesh, India | |||
| Dr. Naaz Health Research Laboratory Private Limited | ₹12.11 Lakh (FY 2024) | -10.0% | Siwan, Bihar, India | |||
| Solo Research Foundationthis company | ₹12.11 Lakh (FY 2024) | -₹1.36 Lakh | -11.2% | -76.0% | Pune, Maharashtra, India | |
| Vikas Smart Diagnostic Private Limited | ₹12.09 Lakh (FY 2024) | 89.0% | Jaunpur, Uttar Pradesh, India | |||
| Smart Pain Technology International Private Limited | ₹12.08 Lakh (FY 2024) | -35.0% | Thane, Maharashtra, India | |||
| Accurate Laser Vision Private Limited | ₹12.07 Lakh (FY 2025) | Kolhapur, Maharashtra, India | ||||
| Jas-Lok Chanrai Medical Private Limited | ₹12.07 Lakh (FY 2019) | -61.0% | Mumbai, Maharashtra, India | |||
| Bappa Hospitals India Private Limited | ₹12.07 Lakh (FY 2018) | -75.0% | Sitapur, Uttar Pradesh, India |
To see the full peer comparison of Solo Research Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Solo Research 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 Solo Research 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 Solo Research Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solo Research Foundation has 3 board changes on record since 2016: 3 appointments. The latest: Rajesh Chandrakant Tandulwadkar was appointed as Director on 30 Jun 2016.
Frequently asked questions
Solo Research Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 30 June 2016 (10+ years old) and is registered under CIN U74999PN2016NPL165291.
Solo Research Foundation has 3 current directors:
- Sunita Rajesh Tandulwadkar - Director
- Rajesh Chandrakant Tandulwadkar - Director
- Rishi Rajesh Tandulwadkar - Director
The latest financial statements of Solo Research 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 2017 are in the company report.
The CIN (Corporate Identification Number) of Solo Research Foundation is U74999PN2016NPL165291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solo Research Foundation was incorporated on 30 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Solo Research Foundation by revenue are Healthok Services Private Limited, Karuna Drugs Private Limited, Derma Den Skin Care and Laser Centre Private Limited, Saisanjeevani Medical Centre Private Limited, Dr. Naaz Health Research Laboratory Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).
Rajesh Chandrakant Tandulwadkar was appointed as Director on 30 Jun 2016. Rishi Rajesh Tandulwadkar was appointed as Director on 30 Jun 2016. Sunita Rajesh Tandulwadkar was appointed as Director on 30 Jun 2016.
The registered office of Solo Research Foundation is at Occ Fl No. 5051 Solo Clinic Bl C Shardaram Park S. No. 37371 Sasoon Road, Pune, Maharashtra, India – 411001.
Solo Research Foundation operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Solo Research Foundation is compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.
Solo Research Foundation can be reached at its registered office: Occ Fl No. 5051 Solo Clinic Bl C Shardaram Park S. No. 37371 Sasoon Road, Pune, Maharashtra, India – 411001.