
About Viswasanthi Development Foundation
Data last updated:
Viswasanthi Development Foundation is a private not for profit company based in Kochi, Kerala, India. It operates in the referral activities for elderly and disabled segment of the non-profit sector. It was incorporated on 23 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85310KL2015NPL037866. Its GSTIN is 32AACCL7987Q1ZN (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Viswasanthi Human Advancement Foundation and Lalism Human Advancement Foundation. It is led by directors including Ayyappan Nair Raghavan Pillai and Sankar Ram Narayanan.
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 Hb No 37 South Bridge Avenue, Kochi, Kerala, India – 682036.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.19 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹3.04 Cr (net margin 58.7%) and EBITDA of ₹3.13 Cr (EBITDA margin 60.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 69% over five years.
The company is associated with 1 brand: ViswaSanthi Foundation.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website viswasanthifoundation.com.
Company details
Name history
Viswasanthi Development Foundation has undergone 2 name changes throughout its history. The company was previously known as Viswasanthi Human Advancement Foundation, and Lalism Human Advancement Foundation. The current legal name is Viswasanthi Development Foundation.
| Company Name | Status |
|---|---|
| Viswasanthi Development Foundation | Current |
| Viswasanthi Human Advancement Foundation | Previous |
| Lalism Human Advancement Foundation | Previous |
Contact details
Viswasanthi Development Foundation's registered office is in Kochi, Kerala. Its website is viswasanthifoundation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHb No 37 South Bridge Avenue, Kochi, Kerala, India – 682036
- IndustryNon-Profit Organizations, Referral Activities For Elderly And Disabled, Counselling, Welfare
To see the full contact details of Viswasanthi Development Foundation, buy the company report.
- 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
Brands
Viswasanthi Development Foundation operates one associated brand: ViswaSanthi Foundation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foundation focused on healthcare, education, and socio-economic development services in India. | viswasanthifoundation.com |
Business activity
The main business activity of Viswasanthi Development Foundation is hospital and medical care. In detail, this covers counselling, welfare, referral activities without accommodation for elderly and disabled.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q5 | Counselling, welfare, referral activities without accommodation for elderly and disabled |
To see the full business activity and turnover split of Viswasanthi Development Foundation, buy the company report.
Financials of Viswasanthi Development Foundation
FY 2025 filings availableViswasanthi Development Foundation reported revenue of ₹5.19 Cr (up 114% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 114% growth in the latest year. EBITDA rose 673% 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
| 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 | ₹3.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.04 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.3% | ||||
| Net Profit Margin | 58.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Viswasanthi Development Foundation, buy the company report.
Board of directors of Viswasanthi Development Foundation
Viswasanthi Development Foundation has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayyappan Nair Raghavan Pillai | Director | 25 May 2017 | 9 Years 5 Months | Current |
| Sankar Ram Narayanan | Director | 31 Dec 2016 | 9 Years 10 Months | Current |
| Smitha Damodaran Nair | Director | 23 Jan 2015 | 11 Years 9 Months | Current |
| Jagadeesan Thazhathuveettil Sankunny Menon Also directs: Beskyn Science Private Limited, Keshava Prabha Microfin Private Limited, Excevo Labs Private Limited and 2 more | Director | 25 May 2017 | 9 Years 5 Months | Current |
| Sajeev Soman Also directs: Skanda Cinemas LLP, Ice Cold Originals Private Limited, Devotional Store Online Private Limited and 4 more | Director | 23 Jan 2015 | 11 Years 9 Months | Current |
| Damodaran Madhavi Vasudevan Also directs: Agappe Diagnostics Limited, TPS Gramin Nidhi Limited, Samastha Nair Samajam Foundation and 2 more | Director | 12 Jan 2017 | 9 Years 10 Months | Current |
Auditor
Viswasanthi Development Foundation is audited by Damodaran P for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Damodaran P | FY 2017 | 221178 |
Shareholding
The shareholding of Viswasanthi Development Foundation is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Viswasanthi Development Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Viswasanthi Development Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Viswasanthi Development Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Viswasanthi Development Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCL7987Q1ZN | Kerala | Active | 15 Aug 2017 |
To see the full GST registrations and return filing status of Viswasanthi Development Foundation, buy the company report.
Recent activity
Viswasanthi Development Foundation has 20 board changes on record since 2015: 8 appointments and 12 cessations. The latest: Jaikrishnan ceased to be Additional Director on 27 Oct 2021.
11 earlier events are in the company report.
Frequently asked questions
Viswasanthi Development Foundation is an active private not for profit company based in Kochi, Kerala, India. The company works in referral activities for elderly and disabled, within the non-profit organizations industry. It was incorporated on 23 January 2015 (11+ years old) and is registered under CIN U85310KL2015NPL037866.
Viswasanthi Development Foundation has 8 current directors:
- Ayyappan Nair Raghavan Pillai - Director
- Sankar Ram Narayanan - Director
- Smitha Damodaran Nair - Director
- Jagadeesan Thazhathuveettil Sankunny Menon - Director
- Sajeev Soman - Director
- Damodaran Madhavi Vasudevan - Director
- Ravindran Kuttyshankara Achath - Director
- Krishna Kumar Sivaraman Nair - Director
The latest financial statements of Viswasanthi Development Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Viswasanthi Development Foundation is 32AACCL7987Q1ZN, registered in Kerala.
The CIN (Corporate Identification Number) of Viswasanthi Development Foundation is U85310KL2015NPL037866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viswasanthi Development Foundation was incorporated on 23 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
Jaikrishnan ceased to be Additional Director on 27 Oct 2021. Narayanan Venkita Subramaniyam ceased to be Director on 27 Oct 2021. Parayath Eravi Balakrishnamenon ceased to be Additional Director on 13 Feb 2020. Viswasanthi Development Foundation has 20 board changes on record in total.
Viswasanthi Development Foundation can be reached through the website viswasanthifoundation.com. Its registered office is in Kochi, Kerala, India.
The registered office of Viswasanthi Development Foundation is at Hb No 37 South Bridge Avenue, Kochi, Kerala, India – 682036.
Viswasanthi Development Foundation operates in the non-profit organizations industry, in the referral activities for elderly and disabled segment.

