Ethnic Holdings Pvt Ltd
About Ethnic Holdings Pvt Ltd
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Ethnic Holdings Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1993PTC060621.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.12 Lakh. It is led by directors including Roopa Rajesh Gandhi and Rajesh Chandrakant Gandhi.
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 4th Floor. 10 Wood Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.54 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.48 Lakh (net margin 87%) and EBITDA of ₹23.21 Lakh (EBITDA margin 98.6%). Revenue has grown at a compounded annual rate (CAGR) of 279% over three years and 109% over five years.
Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ethnic Holdings Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor. 10 Wood Street, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ethnic Holdings Pvt Ltd, 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
Financials of Ethnic Holdings Pvt Ltd
FY 2025 filings availableEthnic Holdings Pvt Ltd reported revenue of ₹23.54 Lakh (up 5453% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 109% over five 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹23.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.48 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.6% | ||||
| Net Profit Margin | 87% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ethnic Holdings Pvt Ltd, buy the company report.
Board of directors of Ethnic Holdings Pvt Ltd
Ethnic Holdings has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roopa Rajesh Gandhi Also directs: Novamox Vincom Pvt Ltd, Antibiotic Stores Private Limited, Fusion Fiscal Services Private Ltd and 1 more | Director | 01 Jan 2001 | 25 Years 10 Months | Current |
| Jinen R Gandhi Also directs: Novamox Vincom Pvt Ltd, Antibiotic Stores Private Limited, Fusion Fiscal Services Private Ltd and 1 more | Additional Director | 09 Apr 2025 | 1 Years 6 Months | Current |
| Rajesh Chandrakant Gandhi Also directs: Novamox Vincom Pvt Ltd, Antibiotic Stores Private Limited, Fusion Fiscal Services Private Ltd and 4 more | Director | 21 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Ethnic Holdings Pvt Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Protech Financials Private Limited | ₹23.59 Lakh (FY 2025) | 68.0% | New Delhi, Delhi, India | |||
| Alwaye Mercantile Credits Private Limited | ₹23.59 Lakh (FY 2025) | -13.0% | Ernakulam, Kerala, India | |||
| Sahyadri Adivasi Agro Farmers Producer Company Limited | ₹23.58 Lakh (FY 2025) | -88.0% | Pune, Maharashtra, India | |||
| Melbrow Commercial Company Private Limited | ₹23.57 Lakh (FY 2025) | -27.0% | Bangalore, Karnataka, India | |||
| Breezwell Homes and Holdings Private Limited | ₹23.54 Lakh (FY 2024) | -38.0% | Mumbai, Maharashtra, India | |||
| Ethnic Holdings Pvt Ltdthis company | ₹23.54 Lakh (FY 2024) | ₹20.48 Lakh | 87% | 5453.0% | Kolkata, West Bengal, India | |
| Ganesh Vincom Private Limited | ₹23.53 Lakh (FY 2024) | 21.0% | Kolkata, West Bengal, India | |||
| Pinnacle Commodities Private Limited | ₹23.52 Lakh (FY 2024) | 8.0% | Kolkata, West Bengal, India | |||
| Neptune Resorts and Development Pvt Ltd | ₹23.52 Lakh (FY 2025) | 152.0% | Mumbai, Maharashtra, India | |||
| L R Commercial Pvt Ltd | ₹23.51 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Cref Finance Limited | ₹23.48 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ethnic Holdings Pvt Ltd, buy the company report.
Auditor
Ethnic Holdings Pvt Ltd is audited by JIGNESH JOSHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGNESH JOSHI & CO | FY 2021 | 326633E |
Shareholding
The shareholding of Ethnic Holdings Pvt Ltd is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ethnic Holdings Pvt Ltd, buy the company report.
Legal cases
Ethnic Holdings Pvt Ltd has 12 court cases on record: 6 filed by Ethnic Holdings, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 2 | 0 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S Unimark Remedies Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S Unimark Remedies Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Unimark Remedies Ltd. | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax, Valsad | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Income Tax Officer | Disposed |
To see the full case history of Ethnic Holdings Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ethnic Holdings Pvt Ltd; 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 Ethnic Holdings Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ethnic Holdings Pvt Ltd has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Chandrakant Ishwarlal Gandhi ceased to be Director on 09 Apr 2025.
Frequently asked questions
Ethnic Holdings is an active private limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 October 1993 (33+ years old) and is registered under CIN U74140WB1993PTC060621.
Ethnic Holdings has 3 current directors:
- Roopa Rajesh Gandhi - Director
- Jinen R Gandhi - Additional Director
- Rajesh Chandrakant Gandhi - Director
The latest financial statements of Ethnic Holdings 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 CIN (Corporate Identification Number) of Ethnic Holdings is U74140WB1993PTC060621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethnic Holdings has 12 court cases on record: 6 filed by the company and 6 filed against it. Most are in the high courts.
Ethnic Holdings was incorporated on 29 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Ethnic Holdings by revenue are Protech Financials Private Limited, Alwaye Mercantile Credits Private Limited, Sahyadri Adivasi Agro Farmers Producer Company Limited, Melbrow Commercial Company Private Limited, Breezwell Homes and Holdings Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Chandrakant Ishwarlal Gandhi ceased to be Director on 09 Apr 2025. Jinen R Gandhi was appointed as Additional Director on 09 Apr 2025. Shibani Viraj Gandhi ceased to be Director on 05 Dec 2011. Ethnic Holdings has 5 board changes on record in total.
The registered office of Ethnic Holdings is at 4th Floor. 10 Wood Street, Kolkata, West Bengal, India – 700016.
Ethnic Holdings operates in the financial services industry, in the diversified financial services segment.
The compliance status of Ethnic Holdings is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.
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