True Aid Foundation
About True Aid Foundation
Data last updated:
True Aid Foundation is a private not for profit company based in Bhubaneswar, Odisha, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U85300OR2016NPL026180.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sushil Kumar Singh and Ramswaroop Sahu.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No – N2/150 Nayapalli, I R C Village Khorda Bhubaneswar, Odisha, India – 751015.
As per the financials filed for FY 2024, the company reported a revenue of ₹28,200. For the same year it recorded a net loss of ₹13,887 (net margin -49.2%) and EBITDA of -₹8,994 (EBITDA margin -31.9%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No – N2/150 Nayapalli, I R C Village Khorda Bhubaneswar, Odisha, India – 751015
- IndustryHealthcare, Preventive Health 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 True Aid Foundation
The main business activity of True Aid Foundation is education. In detail, this covers primary & secondary education services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P1 | Primary & Secondary Education services | 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 True Aid Foundation FY 2025 filings available
True Aid Foundation reported revenue of ₹28,200 for FY 2024.
Financial Statement Summary of True Aid 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 | -₹8,994 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13,887 | •••• | •••• | •••• | •••• |
| 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 True Aid Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -49.2% | •••• | •••• | •••• | •••• |
| 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 True Aid 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 True Aid Foundation
True Aid Foundation is compared with the companies closest to it by revenue in the Education industry (Vocational Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apriori Education Solutions (OPC) Private Limited | ₹33,898 (FY 2025) | •••• | •••• | -80.0% | •••• | New Delhi, Delhi, India |
| Techstructure Solutions Private Limited | ₹33,391 (FY 2024) | •••• | •••• | 136.0% | •••• | Pune, Maharashtra, India |
| Asmita Skill Learning and Development Solutions Private Limited | ₹31,018 (FY 2025) | •••• | •••• | -99.0% | •••• | Neb Sarai, Delhi, India |
| Learning First Private Limited | ₹30,704 (FY 2025) | •••• | •••• | -99.0% | •••• | Jalandhar, Punjab, India |
| Kaushal Aajivika Private Limited | ₹30,000 (FY 2025) | •••• | •••• | -1.0% | •••• | Delhi, India |
| True Aid Foundation this company | ₹28,200 (FY 2024) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Shri Ram Skills Development Private Limited | ₹26,568 (FY 2024) | •••• | •••• | -100.0% | •••• | Hansi, Haryana, India |
| Nirloba IT Private Limited | ₹25,500 (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Aayu Life Skills Private Limited | ₹24,766 (FY 2023) | •••• | •••• | 216.0% | •••• | Thane, Maharashtra, India |
| World Technical Institute Management Private Limited | ₹23,197 (FY 2025) | •••• | •••• | -95.0% | •••• | Hazaribagh, Jharkhand, India |
| Meridian School of Oil and Gas Private Limited | ₹22,410 (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below True Aid Foundation by revenue in the Education industry (Vocational Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of True Aid Foundation
True Aid Foundation is audited by PANDA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANDA & ASSOCIATES | 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.
Board of Directors of True Aid Foundation
True Aid Foundation has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshanu Ranjan Panda Also directs: Truism Resources LLP, Truism Infratech Private Limited | Additional Director | 22 Dec 2023 | 2 Years 9 Months | Current |
| Sudhanshu Panda Also directs: Truism Infratech Private Limited | Additional Director | 22 Dec 2023 | 2 Years 9 Months | Current |
| Sushil Kumar Singh | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Ramswaroop Sahu | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of True Aid 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 True Aid Foundation
True Aid Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at True Aid Foundation
Employment history and EPFO contributions of people linked to True Aid 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 True Aid Foundation
True Aid Foundation has 15 board changes on record since 2018: 4 appointments and 11 cessations. The latest: Ramswaroop Sahu was appointed as Director on 30 Sep 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for True Aid 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 True Aid 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 True Aid 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 True Aid 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 True Aid 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 True Aid Foundation
True Aid Foundation is an active private not for profit company based in Bhubaneswar, Odisha, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 22 December 2016 (10+ years old) and is registered under CIN U85300OR2016NPL026180.
True Aid Foundation reported revenue of ₹28,200 for FY 2024.
True Aid Foundation has 4 current directors:
- Lakshanu Ranjan Panda - Additional Director
- Sudhanshu Panda - Additional Director
- Sushil Kumar Singh - Director
- Ramswaroop Sahu - Director
True Aid Foundation reported a net loss of ₹13,887 (net margin -49.2%) and EBITDA of -₹8,994 (EBITDA margin -31.9%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of True Aid Foundation is U85300OR2016NPL026180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Aid Foundation was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of True Aid Foundation by revenue are Apriori Education Solutions (OPC) Private Limited, Techstructure Solutions Private Limited, Asmita Skill Learning and Development Solutions Private Limited, Learning First Private Limited, Kaushal Aajivika Private Limited and 5 more, all in the Education industry (Vocational Training).
Ramswaroop Sahu was appointed as Director on 30 Sep 2025. Sushil Kumar Singh was appointed as Director on 30 Sep 2025. Chitrasen Bagha ceased to be Additional Director on 07 Jan 2025. True Aid Foundation has 15 board changes on record in total.
The registered office of True Aid Foundation is at Plot No – N2150 Nayapalli, I R C Village Khorda Bhubaneswar, Odisha, India – 751015.
True Aid Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
True Aid Foundation operates in the healthcare industry, in the preventive health services segment.