MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0078456
Etica Wealth Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.48 Cr
▲ 45% YoY
Net profit · FY 2025
₹4.54 Cr
Net margin 21.1%
EBITDA · FY 2025
₹5.73 Cr
EBITDA margin 26.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
13
Provident fund records
Directors on board
5
As per MCA filings
About Etica Wealth Private Limited
Data last updated:
Etica Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2009PTC197351. Its GSTIN is 27AACCE2677E1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Etica Wealth Management Private Limited. It is led by directors including Nikhil Kothari and Chintan Parag Shah.
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 ₹21.48 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹4.54 Cr (net margin 21.1%) and EBITDA of ₹5.73 Cr (EBITDA margin 26.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 38% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Etica Wealth.
Etica Wealth Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0078456). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eticawealth.com.
Company details
CIN U74999MH2009PTC197351
Registration Number 197351
Incorporation Date 26 November 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0078456
Recognitions & Rankings of Etica Wealth
Contact details
Etica Wealth Private Limited's registered office is in Mumbai, Maharashtra. Its website is eticawealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 401 Marine Chambers Premises Co – Operative Society Limited, New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Etica Wealth Private Limited, buy the company report.
Comprehensive company report
Etica Wealth Private Limited - one report that includes everything
- 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
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Brands
Etica Wealth operates one associated brand: Etica Wealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides personalized financial advice and mutual fund distribution to investors. | eticawealth.com |
Business activity
The main business activity of Etica Wealth is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Etica Wealth Private Limited, buy the company report.
Financials of Etica Wealth Private Limited
FY 2025 filings availableEtica Wealth Private Limited reported revenue of ₹21.48 Cr (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹21.48 Cr ▲ 45%
Net profit · FY 2025
₹4.54 Cr margin 21.1%
EBITDA · FY 2025
₹5.73 Cr margin 26.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 34%
5 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 56%
5 years · compounded
▲ 49%
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 45% growth in the latest year. EBITDA rose 53% 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 | ₹5.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.54 Cr | ||||
| Balance Sheet | |||||
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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 | 26.7% | ||||
| Net Profit Margin | 21.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Etica Wealth Private Limited, buy the company report.
Board of directors of Etica Wealth Private Limited
Etica Wealth has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Kothari Also directs: One Idiot Foundation, Finace Infosolution LLP | Director | 24 Sep 2021 | 5 Years 1 Months | Current |
| Chintan Parag Shah Also directs: Anantaru Foundation | Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Sweta Kothari | Director | 26 Nov 2009 | 16 Years 11 Months | Current |
| Gajendra Kothari | Director | 28 Apr 2012 | 14 Years 6 Months | Current |
| Virendra Kothari | Director | 26 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
Etica Wealth Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Asset Management), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iti Asset Management Limited | ₹23.23 Cr (FY 2025) | 72.0% | Mumbai, Maharashtra, India | |||
| Etica Wealth Private Limitedthis company | ₹21.48 Cr (FY 2025) | ₹4.54 Cr | 21.1% | 45.0% | 13 | Mumbai, Maharashtra, India |
| Purasawakum Permanent Fund Nidhi Limited | ₹20.48 Cr (FY 2025) | 58.0% | Chennai, Tamil Nadu, India | |||
| Escorp Asset Management Limited | ₹19.6 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Etica Wealth Private Limited, buy the company report.
Auditor
Etica Wealth Private Limited is audited by VINAYSANJAY&ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAYSANJAY&ASSOCIATES | FY 2024 | 112195W |
Shareholding
The shareholding of Etica Wealth Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Etica Wealth Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Etica Wealth Private Limited 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 Etica Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Etica Wealth Private Limited has a workforce of 13 employees on its EPFO records as of Nov 30, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-7.14%
GST
Etica Wealth has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE2677E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Etica Wealth Private Limited, buy the company report.
Recent activity
Etica Wealth Private Limited has 5 board changes on record since 2009: 5 appointments. The latest: Nikhil Kothari was appointed as Director on 24 Sep 2021.
AGM
Etica Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Etica Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Nikhil Kothari was appointed as Director.
Appointed
Chintan Parag Shah was appointed as Director.
Appointed
Gajendra Kothari was appointed as Director.
Appointed
Sweta Kothari was appointed as Director.
Appointed
Virendra Kothari was appointed as Director.
Incorporation
26 Nov 2009
Etica Wealth Private Limited was registered on 26 Nov 2009 with Roc Mumbai I & aged 16 years 11 months as per MCA records.
Frequently asked questions
Etica Wealth is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 November 2009 (17+ years old) and is registered under CIN U74999MH2009PTC197351.
Etica Wealth has 5 current directors:
- Nikhil Kothari - Director
- Chintan Parag Shah - Director
- Sweta Kothari - Director
- Gajendra Kothari - Director
- Virendra Kothari - Director
The latest financial statements of Etica Wealth 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 Etica Wealth is 27AACCE2677E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Etica Wealth is U74999MH2009PTC197351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Etica Wealth was incorporated on 26 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Etica Wealth by revenue are Iti Asset Management Limited, Purasawakum Permanent Fund Nidhi Limited, Escorp Asset Management Limited, all in the BFSI industry (Asset Management), with the same principal business activity (other financial activities).
Nikhil Kothari was appointed as Director on 24 Sep 2021. Chintan Parag Shah was appointed as Director on 01 Apr 2021. Gajendra Kothari was appointed as Director on 28 Apr 2012. Etica Wealth has 5 board changes on record in total.
Yes, Etica Wealth is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0078456).
Etica Wealth can be reached through the website eticawealth.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Etica Wealth is at Office No. 401 Marine Chambers Premises Co – Operative Society Limited, New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020.
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