
About Vitti Research Foundation
Data last updated:
Vitti Research Foundation is a private not for profit company based in Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 01 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017NPL325503.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manoj Kumar and Kundana Kumar Lal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 8/3 Second Floor Abdul Aziz Road W.E.A. Karol Bagh, Delhi, India – 110005.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.82 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.03 Lakh (net margin 46.6%) and EBITDA of ₹12.03 Lakh (EBITDA margin 46.6%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
The company is associated with 1 brand: Vitti AI.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vittiai.com.
Company details
Contact details
Vitti Research Foundation's registered office is in Delhi, Delhi. Its website is vittiai.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8/3 Second Floor Abdul Aziz Road W.E.A. Karol Bagh, Delhi, India – 110005
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Vitti Research 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
Vitti Research Foundation operates one associated brand: Vitti AI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers an AI-based business management tool tailored for healthcare and other industries. | vittiai.com |
Business activity
The main business activity of Vitti Research Foundation is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Vitti Research Foundation, buy the company report.
Financials of Vitti Research Foundation
FY 2023 filings availableVitti Research Foundation reported revenue of ₹25.82 Lakh (up 8505% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 105% over three years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹12.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.03 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.6% | ||||
| Net Profit Margin | 46.6% | ||||
| 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 Vitti Research Foundation, buy the company report.
Board of directors of Vitti Research Foundation
Vitti Research 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 |
|---|---|---|---|---|
| Manoj Kumar Also directs: Ativitti AI Technologies Private Limited, Vitti Ed Private Limited, Basix Education Private Limited and 1 more | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Kundana Kumar Lal Also directs: Ipsai Novation Tech Private Limited, Univitt AI Technologies Private Limited, Ativitti AI Technologies Private Limited and 2 more | Director | 01 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Vitti Research Foundation is audited by VIPIN PRIYANK GOPAL & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPIN PRIYANK GOPAL & COMPANY | FY 2022 | 017849C |
Shareholding
The shareholding of Vitti Research Foundation is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vitti Research Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Vitti Research 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 Vitti Research Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vitti Research Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vitti Research Foundation has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Manoj Kumar ceased to be Additional Director on 21 Dec 2020.
Frequently asked questions
Vitti Research Foundation is an active private not for profit company based in Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 01 November 2017 (9+ years old) and is registered under CIN U74999DL2017NPL325503.
Vitti Research Foundation has 2 current directors:
- Manoj Kumar - Director
- Kundana Kumar Lal - Director
The latest financial statements of Vitti Research Foundation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Vitti Research Foundation is U74999DL2017NPL325503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitti Research Foundation was incorporated on 01 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Manoj Kumar ceased to be Additional Director on 21 Dec 2020. Manoj Kumar was appointed as Director on 26 Nov 2019. Nitin Dhanji Shah ceased to be Additional Director on 30 Sep 2019. Vitti Research Foundation has 5 board changes on record in total.
Vitti Research Foundation can be reached through the website vittiai.com. Its registered office is in Delhi, India.
The registered office of Vitti Research Foundation is at 83 Second Floor Abdul Aziz Road W.E.A. Karol Bagh, Delhi, India – 110005.
Vitti Research Foundation operates in the travel and hospitality industry, in the consumer professional services segment.
The compliance status of Vitti Research Foundation is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.