Ethos Elite Garments Private Limited
About Ethos Elite Garments Private Limited
Data last updated:
Ethos Elite Garments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH2010PTC202653. Its GSTIN is 27AACCE4101D1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Krupa Bhavya Kubadia and Bhavana Alok Kubadia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.61 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹72.13 Lakh (net margin 0.9%) and EBITDA of ₹3.42 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ethos Elite Garments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA – 602 6th Floor Naman Midtown Senapati Bapat Marg, Near India Bulls Dadar West, Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ethos Elite Garments Private Limited, 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
Business activity
The main business activity of Ethos Elite Garments is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Ethos Elite Garments Private Limited, buy the company report.
Financials of Ethos Elite Garments Private Limited
FY 2025 filings availableEthos Elite Garments Private Limited reported revenue of ₹83.61 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 3% growth in the latest year. EBITDA rose 4% 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 |
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| EBITDA | ₹3.42 Cr | ||||
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| Net Profit (PAT) | ₹72.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Ethos Elite Garments Private Limited, buy the company report.
Board of directors of Ethos Elite Garments Private Limited
Ethos Elite Garments has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krupa Bhavya Kubadia | Director | 07 Nov 2017 | 9 Years 0 Months | Current |
| Bhavana Alok Kubadia | Director | 07 Nov 2017 | 9 Years 0 Months | Current |
| Mansi Jinesh Kubadia | Director | 07 Nov 2017 | 9 Years 0 Months | Current |
| Heeraben Navinchandra Kubadia | Director | 07 Nov 2017 | 9 Years 0 Months | Current |
| Alok Navinchandra Kubadia | Director | 01 May 2010 | 16 Years 6 Months | Current |
| Jinesh Navinchandra Kubadia | Director | 01 May 2010 | 16 Years 6 Months | Current |
Peer comparison
Ethos Elite Garments Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Education, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Rayon Private Limited | ₹83.84 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Himatsingka Exports Private Limited | ₹83.78 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Sulzro Suitings Private Limited | ₹83.76 Cr (FY 2025) | 5.0% | Bhilwara, Rajasthan, India | |||
| Coloron Yarns Private Limited | ₹83.69 Cr (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Ethos Elite Garments Private Limitedthis company | ₹83.61 Cr (FY 2025) | ₹72.13 Lakh | 0.9% | 3.0% | 10 | Mumbai, Maharashtra, India |
| Shri Ramdev Cot Yarn Private Limited | ₹83.58 Cr (FY 2025) | -44.0% | Akot, Maharashtra, India | |||
| Surat Trade and Mercantile Limited | ₹83.46 Cr (FY 2025) | 4.0% | Surat, Gujarat, India | |||
| Regent Creation Private Limited | ₹83.44 Cr (FY 2025) | 5.0% | Kovilpatti, Tamil Nadu, India |
To see the full peer comparison of Ethos Elite Garments Private Limited, buy the company report.
Auditor
Ethos Elite Garments Private Limited is audited by S M PUJ & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M PUJ & CO | FY 2021 | 108204W |
Shareholding
The shareholding of Ethos Elite Garments Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ethos Elite Garments Private Limited, buy the company report.
Legal cases
Ethos Elite Garments Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thiruvananthapuram, Kerala | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Ethos Elite Garments Private Limited, 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 Ethos Elite Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ethos Elite Garments Private Limited has a workforce of 10 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Ethos Elite Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE4101D1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ethos Elite Garments Private Limited, buy the company report.
Recent activity
Ethos Elite Garments Private Limited has 16 board changes on record since 2010: 8 appointments and 8 cessations. The latest: Heeraben Navinchandra Kubadia ceased to be Director on 19 Nov 2018.
7 earlier events are in the company report.
Frequently asked questions
Ethos Elite Garments is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 May 2010 (16+ years old) and is registered under CIN U17200MH2010PTC202653.
Ethos Elite Garments has 8 current directors:
- Krupa Bhavya Kubadia - Director
- Bhavana Alok Kubadia - Director
- Mansi Jinesh Kubadia - Director
- Heeraben Navinchandra Kubadia - Director
- Alok Navinchandra Kubadia - Director
- Jinesh Navinchandra Kubadia - Director
- Bhavya Navinchandra Kubadia - Director
- Navinchandra Bhimji Kubadia - Director
The latest financial statements of Ethos Elite Garments 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 Ethos Elite Garments is 27AACCE4101D1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ethos Elite Garments is U17200MH2010PTC202653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethos Elite Garments has 1 court case on record: 1 filed against it. 1 is pending.
Ethos Elite Garments was incorporated on 01 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ethos Elite Garments by revenue are Shree Rayon Private Limited, Himatsingka Exports Private Limited, Sulzro Suitings Private Limited, Coloron Yarns Private Limited, Shri Ramdev Cot Yarn Private Limited and 2 more, all in the Manufacturing industry (Education, Textiles), with the same principal business activity (textile, leather and other apparel products).
Heeraben Navinchandra Kubadia ceased to be Director on 19 Nov 2018. Alok Navinchandra Kubadia ceased to be Director on 13 Nov 2018. Bhavya Navinchandra Kubadia ceased to be Director on 13 Nov 2018. Ethos Elite Garments has 16 board changes on record in total.
The registered office of Ethos Elite Garments is at A – 602 6th Floor Naman Midtown Senapati Bapat Marg, Near India Bulls Dadar West, Mumbai, Maharashtra, India – 400013.
Ethos Elite Garments operates in the manufacturing industry, in the textile and fabric production segment.
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