SQW Lab Foundation
About SQW Lab Foundation
Data last updated:
SQW Lab Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the sanitation segment of the recycling and waste management sector. It was incorporated on 10 July 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U90003MH2023NPL406304.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Vishwa Atul Shroff and Hrishit Ashwin Shroff.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.95 Lakh, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹6.48 Lakh (net margin 30.9%) and EBITDA of ₹6.48 Lakh (EBITDA margin 30.9%).
Company details
Contact details
SQW Lab Foundation's registered office is in Mumbai, Maharashtra.
- Registered AddressFloor – 4 Plot – 4Kk Chambers, Purushottamdasthakurdasrd, Mumbai, Maharashtra, India – 400001
- IndustryRecycling & Waste Management, Sanitation, Sewage
- 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 SQW Lab Foundation is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 90 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of SQW Lab Foundation, buy the company report.
Financials of SQW Lab Foundation
FY 2025 filings availableSQW Lab Foundation reported revenue of ₹20.95 Lakh (up 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 85% in the latest year. EBITDA rose 594% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹6.48 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6.48 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 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 30.9% | |
| Net Profit Margin | 30.9% | |
| 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 SQW Lab Foundation, buy the company report.
Board of directors of SQW Lab Foundation
SQW Lab Foundation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwa Atul Shroff | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Hrishit Ashwin Shroff Also directs: Excel Industries Limited, Excel Bio Resources Limited, Anshul Specialty Molecules Private Limited and 5 more | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Veeranganakumari Jayveerendrasinhji Solanki | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving SQW Lab 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 SQW Lab 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 SQW Lab Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
SQW Lab Foundation has 4 board changes on record since 2023: 4 appointments. The latest: Atul Shroff Govindji was appointed as Non- Individual Subscriber on 10 Jul 2023.
Frequently asked questions
SQW Lab Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in sanitation, within the recycling and waste management industry. It was incorporated on 10 July 2023 (3+ years old) and is registered under CIN U90003MH2023NPL406304.
SQW Lab Foundation has 3 current directors:
- Vishwa Atul Shroff - Director
- Hrishit Ashwin Shroff - Director
- Veeranganakumari Jayveerendrasinhji Solanki - Director
The latest financial statements of SQW Lab 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 2024 are in the company report.
The CIN (Corporate Identification Number) of SQW Lab Foundation is U90003MH2023NPL406304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SQW Lab Foundation was incorporated on 10 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Atul Shroff Govindji was appointed as Non- Individual Subscriber on 10 Jul 2023. Hrishit Ashwin Shroff was appointed as Director on 10 Jul 2023. Veeranganakumari Jayveerendrasinhji Solanki was appointed as Director on 10 Jul 2023. SQW Lab Foundation has 4 board changes on record in total.
The registered office of SQW Lab Foundation is at Floor – 4 Plot – 4Kk Chambers, Purushottamdasthakurdasrd, Mumbai, Maharashtra, India – 400001.
SQW Lab Foundation operates in the recycling and waste management industry, in the sanitation segment.
SQW Lab Foundation can be reached at its registered office: Floor – 4 Plot – 4Kk Chambers, Purushottamdasthakurdasrd, Mumbai, Maharashtra, India – 400001.
SQW Lab Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.