
WCB Research Foundation
About WCB Research Foundation
Data last updated:
WCB Research Foundation is a private not for profit company based in Patan, Gujarat, India. It operates in the social science research segment of the research and development sector. It was incorporated on 10 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73200GJ2020NPL116398.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nishith Arunbhai Dharaiya and Pratikkumar Ganeshbhai Desai.
Its last annual general meeting (AGM) was held on 01 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9 Panchvati Society Near Prabha Motors Deesa Highway, Patan, Gujarat, India – 384265.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.62 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.65 Lakh (net margin 13%) and EBITDA of ₹6.66 Lakh (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years.
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- Registered Address9 Panchvati Society Near Prabha Motors Deesa Highway, Patan, Gujarat, India – 384265
- IndustryResearch & Development, Social Science Research
- 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 WCB Research Foundation
The main business activity of WCB Research Foundation is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | 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 WCB Research Foundation FY 2025 filings available
WCB Research Foundation reported revenue of ₹43.62 Lakh (up 205% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of WCB Research Foundation
Revenue has grown at a compounded annual rate (CAGR) of 57% over three years, including 205% growth 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 WCB Research Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| 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 | ₹6.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.65 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of WCB Research Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13% | •••• | •••• | •••• | •••• |
| 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 WCB Research Foundation are in the company report.
Financial statements from FY 2021
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 WCB Research Foundation
WCB Research Foundation is compared with the companies closest to it by revenue in the same principal business activity (Scientific research and development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kidaura Innovations Private Limited | ₹43.81 Lakh (FY 2025) | •••• | •••• | 189.0% | •••• | Nashik, Maharashtra, India |
| Courtesy Education Private Limited | ₹43.73 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
| Clintrek Research Private Limited | ₹43.71 Lakh (FY 2024) | •••• | •••• | -69.0% | •••• | Bangalore, Karnataka, India |
| Promolecular Sciences Private Limited | ₹43.7 Lakh (FY 2025) | •••• | •••• | 370.0% | •••• | Bangalore, Karnataka, India |
| H2next Private Limited | ₹43.64 Lakh (FY 2024) | •••• | •••• | 2239.0% | •••• | Sivaganga, Tamil Nadu, India |
| WCB Research Foundation this company | ₹43.62 Lakh (FY 2025) | •••• | •••• | 205.0% | •••• | Patan, Gujarat, India |
| Mitogene Technologies Private Limited | ₹43.61 Lakh (FY 2025) | •••• | •••• | 238.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Sreechem Analytical Services Private Limited | ₹43.56 Lakh (FY 2023) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Backyard Creators Private Limited | ₹43.5 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Madurai, Tamil Nadu, India |
| Vasiprak FNB Private Limited | ₹43.49 Lakh (FY 2024) | •••• | •••• | 2598.0% | •••• | Bangalore, Karnataka, India |
| Gse Consultant Private Limited | ₹43.2 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below WCB Research Foundation by revenue in the same principal business activity (Scientific research and development), 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 WCB Research Foundation
WCB 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 |
|---|---|---|---|---|
| Nishith Arunbhai Dharaiya Also directs: Aoz Association of Zoologists | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
| Pratikkumar Ganeshbhai Desai | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of WCB Research 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 WCB Research Foundation
WCB Research Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at WCB Research Foundation
WCB Research Foundation has a workforce of 0 employees as of Apr 01, 2024.
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 WCB Research Foundation
WCB Research Foundation has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Hardikkumar Devchandbhai Patel ceased to be Director on 06 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for WCB Research 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 WCB Research 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 WCB Research 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 WCB Research 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 WCB Research 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 WCB Research Foundation
WCB Research Foundation is an active private not for profit company based in Patan, Gujarat, India. The company works in social science research, within the research and development industry. It was incorporated on 10 September 2020 (6+ years old) and is registered under CIN U73200GJ2020NPL116398.
WCB Research Foundation reported revenue of ₹43.62 Lakh for FY 2025 (up 205% YoY).
WCB Research Foundation has 2 current directors:
- Nishith Arunbhai Dharaiya - Director
- Pratikkumar Ganeshbhai Desai - Director
WCB Research Foundation reported a net profit of ₹5.65 Lakh (net margin 13%) and EBITDA of ₹6.66 Lakh (EBITDA margin 15.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of WCB Research Foundation is 57% over three years. In the latest year (FY 2025) revenue rose 205%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of WCB Research Foundation is U73200GJ2020NPL116398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
WCB Research Foundation was incorporated on 10 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of WCB Research Foundation by revenue are Kidaura Innovations Private Limited, Courtesy Education Private Limited, Clintrek Research Private Limited, Promolecular Sciences Private Limited, H2next Private Limited and 5 more, all in the same principal business activity (Scientific research and development).
Hardikkumar Devchandbhai Patel ceased to be Director on 06 Apr 2023. Hareshbhai Gondaliya ceased to be Director on 06 Apr 2023. Prasadkumar Baburao Patil ceased to be Director on 06 Apr 2023. WCB Research Foundation has 5 board changes on record in total.
The registered office of WCB Research Foundation is at 9 Panchvati Society Near Prabha Motors Deesa Highway, Patan, Gujarat, India – 384265.
WCB Research Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.