Urmitej Foundation
About Urmitej Foundation
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Urmitej Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 02 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2016NPL271631.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Urmitej Education Foundation. It is led by directors including Hemani Vinod Gowani and Urmila Tejraj Gowani.
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 501 Floor – 5 Plot 140 Commerce House Nagindas Master Lane Khala Ghoda Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.75 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹26 Lakh (net margin -65.4%) and EBITDA of -₹15.56 Lakh (EBITDA margin -39.1%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address501 Floor – 5 Plot 140 Commerce House Nagindas Master Lane Khala Ghoda Fort, Mumbai, Maharashtra, India – 400001
- IndustryProfessional Services, Accounting, Taxation, Tax Consultant, Book Keeping
- 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
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Financials of Urmitej Foundation FY 2025 filings available
Urmitej Foundation reported revenue of ₹39.75 Lakh (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Urmitej Foundation
Revenue has declined at a compounded annual rate (CAGR) of 53% over three years, including a 80% fall in the latest year. EBITDA fell 108% 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 Urmitej 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 | -₹15.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26 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 Urmitej Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -65.4% | •••• | •••• | •••• | •••• |
| 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 Urmitej 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.
Auditor Details of Urmitej Foundation
Urmitej Foundation is audited by T.R.Shah & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T.R.Shah & 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.
Board of Directors of Urmitej Foundation
Urmitej Foundation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemani Vinod Gowani | Director | 26 Nov 2020 | 5 Years 10 Months | Current |
| Urmila Tejraj Gowani | Director | 02 Jan 2016 | 10 Years 9 Months | Current |
| Aditi Hitesh Gowani | Director | 02 Jan 2016 | 10 Years 9 Months | Current |
Ownership and Shareholding of Urmitej 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 Urmitej Foundation
Urmitej Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Urmitej Foundation
Employment history and EPFO contributions of people linked to Urmitej 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.
Name History of Urmitej Foundation
Urmitej Foundation has undergone 2 name changes throughout its history. The company was previously known as Urmitej Education Foundation, and Urmitej Foundation. The current legal name is Urmitej Foundation.
| Company Name | Status |
|---|---|
| Urmitej Foundation | Current |
| Urmitej Education Foundation | Previous |
Recent Activity on Urmitej Foundation
Urmitej Foundation has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Hemani Vinod Gowani was appointed as Director on 26 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for Urmitej 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 Urmitej 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 Urmitej 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 Urmitej 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 Urmitej 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 Urmitej Foundation
Urmitej Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in accounting, within the professional services industry. It was incorporated on 02 January 2016 (10+ years old) and is registered under CIN U74120MH2016NPL271631.
Urmitej Foundation reported revenue of ₹39.75 Lakh for FY 2024 (down 80% YoY).
Urmitej Foundation has 3 current directors:
- Hemani Vinod Gowani - Director
- Urmila Tejraj Gowani - Director
- Aditi Hitesh Gowani - Director
Urmitej Foundation reported a net loss of ₹26 Lakh (net margin -65.4%) and EBITDA of -₹15.56 Lakh (EBITDA margin -39.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Urmitej Foundation is -53% over three years. In the latest year (FY 2024) revenue fell 80%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Urmitej Foundation is U74120MH2016NPL271631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Urmitej Foundation was incorporated on 02 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemani Vinod Gowani was appointed as Director on 26 Nov 2020. Hemani Vinod Gowani ceased to be Director on 18 May 2017. Aditi Hitesh Gowani was appointed as Director on 02 Jan 2016. Urmitej Foundation has 4 board changes on record in total.
The registered office of Urmitej Foundation is at 501 Floor – 5 Plot 140 Commerce House Nagindas Master Lane Khala Ghoda Fort, Mumbai, Maharashtra, India – 400001.
Urmitej Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.