Thankfulness Research & Development Foundation
About Thankfulness Research & Development Foundation
Data last updated:
Thankfulness Research & Development Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 31 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015NPL271523. Its GSTIN is 27AAFCT6155P1ZN (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemant Madanlal Gupta and Sanjay M Trivedi.
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 1st Floor D J House Old Nagardas Road Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.1 Lakh. For the same year it recorded a net profit of ₹4.28 Lakh (net margin 83.8%) and EBITDA of ₹4.28 Lakh (EBITDA margin 83.8%). Revenue has grown at a compounded annual rate (CAGR) of 75% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1st Floor D J House Old Nagardas Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryService, Information Technology 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
Financials of Thankfulness Research & Development Foundation FY 2025 filings available
Thankfulness Research & Development Foundation reported revenue of ₹5.1 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Thankfulness Research & Development Foundation
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years. EBITDA rose 868% 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 Thankfulness Research & Development Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.28 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 Thankfulness Research & Development Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 83.8% | •••• | •••• | •••• | •••• |
| 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 Thankfulness Research & Development Foundation are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Thankfulness Research & Development Foundation
Thankfulness Research & Development Foundation has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Madanlal Gupta | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Sanjay M Trivedi Also directs: Conscious Labs Private Limited, Pureag India Private Limited | Director | 09 Sep 2023 | 3 Years 1 Months | Current |
Auditor Details of Thankfulness Research & Development Foundation
Thankfulness Research & Development Foundation is audited by MAHENDRA ZAVERI & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHENDRA ZAVERI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Thankfulness Research & Development 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 Thankfulness Research & Development Foundation
Thankfulness Research & Development Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thankfulness Research & Development Foundation
Employment history and EPFO contributions of people linked to Thankfulness Research & Development 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 Thankfulness Research & Development Foundation
Thankfulness Research & Development Foundation has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Sanjay M Trivedi ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Thankfulness Research & Development 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 Thankfulness Research & Development 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 Thankfulness Research & Development 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 Thankfulness Research & Development Foundation
Thankfulness Research & Development Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT6155P1ZN | Maharashtra | Active | 29 Aug 2017 |
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 Thankfulness Research & Development 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 Thankfulness Research & Development Foundation
Thankfulness Research & Development Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 31 December 2015 (11+ years old) and is registered under CIN U74999MH2015NPL271523.
Thankfulness Research & Development Foundation reported revenue of ₹5.1 Lakh for FY 2025.
Thankfulness Research & Development Foundation has 2 current directors:
- Hemant Madanlal Gupta - Director
- Sanjay M Trivedi - Director
Thankfulness Research & Development Foundation reported a net profit of ₹4.28 Lakh (net margin 83.8%) and EBITDA of ₹4.28 Lakh (EBITDA margin 83.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thankfulness Research & Development Foundation is 75% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thankfulness Research & Development Foundation is 27AAFCT6155P1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thankfulness Research & Development Foundation is U74999MH2015NPL271523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thankfulness Research & Development Foundation was incorporated on 31 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjay M Trivedi ceased to be Additional Director on 29 Sep 2024. Sanjay M Trivedi was appointed as Director on 09 Sep 2023. Sameer Kishore Doshi ceased to be Additional Director on 27 Sep 2019. Thankfulness Research & Development Foundation has 5 board changes on record in total.
The registered office of Thankfulness Research & Development Foundation is at 1st Floor D J House Old Nagardas Road Andheri East, Mumbai, Maharashtra, India – 400069.