
Suyog Foundation
About Suyog Foundation
Data last updated:
Suyog Foundation is a private not for profit company based in Vadodara, Gujarat, India. It operates in the healthcare services segment of the healthcare sector. It was incorporated on 29 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85190GJ2021NPL127613.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rommel Bimal Desai and Toshal Desai.
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 02nd Fl 22B Kunj Society Alkapuri, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.14 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹66,680 (net margin 21.3%) and EBITDA of ₹66,680 (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 681% over three years.
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- Registered Address02nd Fl 22B Kunj Society Alkapuri, Vadodara, Gujarat, India – 390007
- IndustryHealthcare, Human Health Activities, Other Human Health Activities
- 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 Suyog Foundation
The main business activity of Suyog Foundation is human health and social work activities. In detail, this covers social work activities without accommodation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Human health and social work activities | 88 | Social work activities without accommodation | 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 Suyog Foundation FY 2025 filings available
Suyog Foundation reported revenue of ₹3.14 Lakh (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Suyog Foundation
Revenue fell 38% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 681%. EBITDA fell 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 of Suyog Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹66,680 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹66,680 | •••• | •••• | •••• |
| 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 Suyog Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.3% | •••• | •••• | •••• |
| Net Profit Margin | 21.3% | •••• | •••• | •••• |
| 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 Suyog Foundation are in the company report.
Financial statements from FY 2022
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 Suyog Foundation
Suyog Foundation is compared with the companies closest to it by revenue in the same principal business activity (Social work activities without accommodation). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manav Vikas Shanti Yog Foundation | ₹3.25 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Molasar, Rajasthan, India |
| P.I.Y.T Education & Legal Foundation | ₹3.25 Lakh (FY 2025) | •••• | •••• | 1706.0% | •••• | Jagdishpur, Bihar, India |
| Khandwala Charitable Foundation | ₹3.22 Lakh (FY 2024) | •••• | •••• | -66.0% | •••• | Mumbai, Maharashtra, India |
| Dnyanpeeth Garments Manufacturing Association | ₹3.16 Lakh (FY 2025) | •••• | •••• | 193.0% | •••• | Parlivaij, Maharashtra, India |
| Shineasy Welfare Foundation | ₹3.15 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Alwar, Rajasthan, India |
| Suyog Foundation this company | ₹3.14 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Vadodara, Gujarat, India |
| Phulmali Yuva Foundation | ₹3.11 Lakh (FY 2025) | •••• | •••• | 803.0% | •••• | Jogeshwari East, Maharashtra, India |
| Fi Foundation | ₹3.11 Lakh (FY 2025) | •••• | •••• | 58.0% | •••• | Kalka, Haryana, India |
| SCG Sports & Welfare Foundation | ₹3.08 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolhapur, Maharashtra, India |
| Chahuwali Support Foundation | ₹3.05 Lakh (FY 2025) | •••• | •••• | •••• | Sirsa, Haryana, India | |
| Human Solidarity Foundation | ₹3.04 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Suyog Foundation by revenue in the same principal business activity (Social work activities without accommodation), 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 Suyog Foundation
Suyog Foundation has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rommel Bimal Desai Also directs: Suyog LFC Private Limited, Suyog Cables Private Limited | Director | 29 Nov 2021 | 4 Years 10 Months | Current |
| Toshal Desai Also directs: Suyog Electricals Limited | Director | 29 Nov 2021 | 4 Years 10 Months | Current |
| Amey Toshal Desai Also directs: Suyog LFC Private Limited, Suyog Cables Private Limited | Director | 29 Nov 2021 | 4 Years 10 Months | Current |
| Bimal Desai Also directs: Suyog Electricals Limited | Director | 29 Nov 2021 | 4 Years 10 Months | Current |
Charges & Borrowings of Suyog Foundation
Suyog Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Suyog Foundation
Employment history and EPFO contributions of people linked to Suyog 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 Suyog Foundation
Suyog Foundation has 4 board changes on record since 2021: 4 appointments. The latest: Amey Toshal Desai was appointed as Director on 29 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Suyog 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 Suyog 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 Suyog 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 Suyog 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 Suyog 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 Suyog Foundation
Suyog Foundation is an active private not for profit company based in Vadodara, Gujarat, India. The company works in human health activities, within the healthcare industry. It was incorporated on 29 November 2021 (5+ years old) and is registered under CIN U85190GJ2021NPL127613.
Suyog Foundation reported revenue of ₹3.14 Lakh for FY 2025 (down 38% YoY).
Suyog Foundation has 4 current directors:
- Rommel Bimal Desai - Director
- Toshal Desai - Director
- Amey Toshal Desai - Director
- Bimal Desai - Director
Suyog Foundation reported a net profit of ₹66,680 (net margin 21.3%) and EBITDA of ₹66,680 (EBITDA margin 21.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suyog Foundation is 681% over three years. In the latest year (FY 2025) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Suyog Foundation is U85190GJ2021NPL127613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suyog Foundation was incorporated on 29 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Suyog Foundation by revenue are Manav Vikas Shanti Yog Foundation, P.I.Y.T Education & Legal Foundation, Khandwala Charitable Foundation, Dnyanpeeth Garments Manufacturing Association, Shineasy Welfare Foundation and 5 more, all in the same principal business activity (Social work activities without accommodation).
Amey Toshal Desai was appointed as Director on 29 Nov 2021. Bimal Desai was appointed as Director on 29 Nov 2021. Rommel Bimal Desai was appointed as Director on 29 Nov 2021. Suyog Foundation has 4 board changes on record in total.
The registered office of Suyog Foundation is at 02nd Fl 22B Kunj Society Alkapuri, Vadodara, Gujarat, India – 390007.
Suyog Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.