Torchit Foundation
About Torchit Foundation
Data last updated:
Torchit Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It was incorporated on 10 July 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U88100GJ2023NPL142770.
It is led by directors Varsha Jagdishkumar Bhagchandani and Hunny Bhagchandani.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.23 Lakh. For the same year it recorded a net profit of ₹38.82 Lakh (net margin 43.5%) and EBITDA of ₹38.82 Lakh (EBITDA margin 43.5%).
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- Registered Address17 Adarsh Bunglows, Near Hari Om Society, Ahmedabad, Gujarat, India – 382475
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
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Business Activity of Torchit Foundation
The main business activity of Torchit Foundation is other service activities. In detail, this covers activities of membership organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations | 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 Torchit Foundation FY 2025 filings available
Torchit Foundation reported revenue of ₹89.23 Lakh for FY 2025.
Financial Statement Summary of Torchit Foundation
| 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 | ₹38.82 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹38.82 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 Torchit Foundation
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 43.5% | •••• |
| Net Profit Margin | 43.5% | •••• |
| 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 Torchit Foundation are in the company report.
Financial statements from FY 2024
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 Torchit Foundation
Torchit Foundation is compared with the companies closest to it by revenue in the same principal business activity (Activities of membership organizations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Three Star Publications Private Limited | ₹90.18 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| ZLS Foundation | ₹89.87 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Stewarding India Private Limited | ₹89.72 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Kolkata, West Bengal, India |
| Arnavg Agribusiness Private Limited | ₹89.65 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Kamalapur, Karnataka, India |
| SJM Investments (Delhi) Private Limited | ₹89.3 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Torchit Foundation this company | ₹89.23 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Gunina Power System Private Limited | ₹89.22 Lakh (FY 2025) | •••• | •••• | 155.0% | •••• | Udaipur, Rajasthan, India |
| Vraga Ventures Private Limited | ₹88.94 Lakh (FY 2024) | •••• | •••• | 138.0% | •••• | Noida, Uttar Pradesh, India |
| Voxyber Technology Private Limited | ₹88.85 Lakh (FY 2025) | •••• | •••• | 128.0% | •••• | Bangalore, Karnataka, India |
| GRTR Holdings Private Limited | ₹88.83 Lakh (FY 2025) | •••• | •••• | 1492.0% | •••• | Bangalore, Karnataka, India |
| Rrempire HR Solutions Private Limited | ₹88.59 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Madurai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Torchit Foundation by revenue in the same principal business activity (Activities of membership organizations), 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 Torchit Foundation
Torchit Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Jagdishkumar Bhagchandani | Director | 10 Jul 2023 | 3 Years 2 Months | Current |
| Hunny Bhagchandani | Director | 10 Jul 2023 | 3 Years 2 Months | Current |
Charges & Borrowings of Torchit Foundation
Torchit Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Torchit Foundation
Employment history and EPFO contributions of people linked to Torchit 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 Torchit Foundation
Torchit Foundation has 2 board changes on record since 2023: 2 appointments. The latest: Hunny Bhagchandani was appointed as Director on 10 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Torchit 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 Torchit 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 Torchit 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 Torchit 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 Torchit 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 Torchit Foundation
Torchit Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. It was incorporated on 10 July 2023 (3+ years old) and is registered under CIN U88100GJ2023NPL142770.
Torchit Foundation reported revenue of ₹89.23 Lakh for FY 2025.
Torchit Foundation has 2 current directors:
- Varsha Jagdishkumar Bhagchandani - Director
- Hunny Bhagchandani - Director
Torchit Foundation reported a net profit of ₹38.82 Lakh (net margin 43.5%) and EBITDA of ₹38.82 Lakh (EBITDA margin 43.5%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Torchit Foundation is U88100GJ2023NPL142770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Torchit Foundation was incorporated on 10 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Torchit Foundation by revenue are Three Star Publications Private Limited, ZLS Foundation, Stewarding India Private Limited, Arnavg Agribusiness Private Limited, SJM Investments (Delhi) Private Limited and 5 more, all in the same principal business activity (Activities of membership organizations).
Hunny Bhagchandani was appointed as Director on 10 Jul 2023. Varsha Jagdishkumar Bhagchandani was appointed as Director on 10 Jul 2023.
The registered office of Torchit Foundation is at 17 Adarsh Bunglows, Near Hari Om Society, Ahmedabad, Gujarat, India – 382475.
No. Torchit Foundation is not listed on any stock exchange. It is an unlisted company.
Torchit Foundation can be reached at its registered office: 17 Adarsh Bunglows, Near Hari Om Society, Ahmedabad, Gujarat, India – 382475.