Surfing Swami Foundation
About Surfing Swami Foundation
Data last updated:
Surfing Swami Foundation is a private not for profit company based in Mangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 17 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017NPL101449.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹75,000. It is led by directors including Gaurav Hegde and Mysore Udaya Kumar Kiran Kumar.
Its last annual general meeting (AGM) was held on 01 April 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 – 64A Kolachikambla Mulki, Mangalore, Karnataka, India – 574154.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.17 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.01 Lakh (net margin -3.3%) and EBITDA of -₹3.01 Lakh (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 154% over three years and 206% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address6 – 64A Kolachikambla Mulki, Mangalore, Karnataka, India – 574154
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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
- One PDF report, delivered after checkout
Business Activity of Surfing Swami Foundation
The main business activity of Surfing Swami Foundation is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Surfing Swami Foundation FY 2024 filings available
Surfing Swami Foundation reported revenue of ₹91.17 Lakh (up 8838% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Surfing Swami Foundation
Revenue has grown at a compounded annual rate (CAGR) of 206% over five years. EBITDA fell 491% 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 of Surfing Swami Foundation
| 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 | -₹3.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.01 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 of Surfing Swami Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Surfing Swami Foundation are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Surfing Swami Foundation
Surfing Swami Foundation is compared with the companies closest to it by revenue in the same principal business activity (Sports, amusement and recreation activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bond Adventures Private Limited | ₹92.44 Lakh (FY 2024) | •••• | •••• | 19.0% | •••• | Thiruvananthapuram, Kerala, India |
| Happy60plus Private Limited | ₹91.9 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Devanahalli, Karnataka, India |
| Devarsh Funland Private Limited | ₹91.74 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Kudasan, Gujarat, India |
| Funzone Amusements Private Limited | ₹91.52 Lakh (FY 2019) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| SPP Sports Private Limited | ₹91.4 Lakh (FY 2024) | •••• | •••• | -76.0% | •••• | Secunderabad, Telangana, India |
| Surfing Swami Foundation this company | ₹91.17 Lakh (FY 2024) | •••• | •••• | 8838.0% | •••• | Mangalore, Karnataka, India |
| Xcapade Adventures Private Limited | ₹91.02 Lakh (FY 2024) | •••• | •••• | 206.0% | •••• | Ajmer, Rajasthan, India |
| Pacific Fitness & Wellness Private Limited | ₹90.56 Lakh (FY 2018) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Clip Nclimb India Private Limited | ₹90.11 Lakh (FY 2016) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Yora Fitness Private Limited | ₹90.02 Lakh (FY 2022) | •••• | •••• | 242.0% | •••• | Chennai, Tamil Nadu, India |
| Sporting Pastime India Limited | ₹89.56 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Surfing Swami Foundation by revenue in the same principal business activity (Sports, amusement and recreation activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Surfing Swami Foundation
Surfing Swami Foundation has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Hegde Also directs: Etrail Cycling Adventures LLP, G.R. Stone Specialities Private Limited, Total Sportz Athletic Management Foundation and 1 more | Director | 16 Apr 2018 | 8 Years 5 Months | Current |
| Mysore Udaya Kumar Kiran Kumar Also directs: Ssmantra Marine Sports LLP, Makai Surf Adventure LLP | Director | 17 Mar 2017 | 9 Years 6 Months | Current |
| Hemanth Kumar Sathya Shamanth Gowda Also directs: Ssmantra Marine Sports LLP, Saltlife Academy LLP | Director | 17 Mar 2017 | 9 Years 6 Months | Current |
| Dhananjay Chandu Shetty Also directs: 49 Grills Hospitality LLP, Dna Hospitality Private Limited, F3 Corporate Hospitality Services Private Limited and 2 more | Director | 17 Mar 2017 | 9 Years 6 Months | Current |
| Rammohan Paranjape | Director | 25 Jul 2024 | 2 Years 2 Months | Current |
| Ravishankar Paranjape Also directs: Etrail Cycling Adventures LLP, Ssmantra Marine Sports LLP | Director | 25 Jul 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Surfing Swami Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Surfing Swami Foundation
Surfing Swami Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Surfing Swami Foundation
Employment history and EPFO contributions of people linked to Surfing Swami Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Surfing Swami Foundation
Surfing Swami Foundation has 6 board changes on record since 2017: 6 appointments. The latest: Rammohan Paranjape was appointed as Director on 25 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Surfing Swami Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Surfing Swami Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Surfing Swami Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Surfing Swami Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Surfing Swami Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Surfing Swami Foundation
Surfing Swami Foundation is an active private not for profit company based in Mangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 17 March 2017 (9+ years old) and is registered under CIN U74999KA2017NPL101449.
Surfing Swami Foundation reported revenue of ₹91.17 Lakh for FY 2024 (up 8838% YoY).
Surfing Swami Foundation has 6 current directors:
- Gaurav Hegde - Director
- Mysore Udaya Kumar Kiran Kumar - Director
- Hemanth Kumar Sathya Shamanth Gowda - Director
- Dhananjay Chandu Shetty - Director
- Rammohan Paranjape - Director
- Ravishankar Paranjape - Director
Surfing Swami Foundation reported a net loss of ₹3.01 Lakh (net margin -3.3%) and EBITDA of -₹3.01 Lakh (EBITDA margin -3.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Surfing Swami Foundation is 154% over three years and 206% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Surfing Swami Foundation is U74999KA2017NPL101449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surfing Swami Foundation was incorporated on 17 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Surfing Swami Foundation by revenue are Bond Adventures Private Limited, Happy60plus Private Limited, Devarsh Funland Private Limited, Funzone Amusements Private Limited, SPP Sports Private Limited and 5 more, all in the same principal business activity (Sports, amusement and recreation activities).
Rammohan Paranjape was appointed as Director on 25 Jul 2024. Ravishankar Paranjape was appointed as Director on 25 Jul 2024. Gaurav Hegde was appointed as Director on 16 Apr 2018. Surfing Swami Foundation has 6 board changes on record in total.
The registered office of Surfing Swami Foundation is at 6 – 64A Kolachikambla Mulki, Mangalore, Karnataka, India – 574154.
Surfing Swami Foundation has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹75,000.