M P I.Ethicals Private Limited
About M P I.Ethicals Private Limited
Data last updated:
M P I.Ethicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 05 July 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1974PTC017454. Its GSTIN is 27AAACM5648R1ZR (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Ishan Kishore Adyanthaya and Susheela Heri.
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 42 Bhagat Singh Roadvile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.23 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹60.54 Lakh (net margin 27.2%) and EBITDA of ₹74 Lakh (EBITDA margin 33.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
M P I.Ethicals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address42 Bhagat Singh Roadvile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of M P I.Ethicals 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 M P I.Ethicals is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of M P I.Ethicals Private Limited, buy the company report.
Financials of M P I.Ethicals Private Limited
FY 2025 filings availableM P I.Ethicals Private Limited reported revenue of ₹2.23 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 32% 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 | ₹74 Lakh | ||||
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| Net Profit (PAT) | ₹60.54 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 | 33.2% | ||||
| Net Profit Margin | 27.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of M P I.Ethicals Private Limited, buy the company report.
Board of directors of M P I.Ethicals Private Limited
M P I.Ethicals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishan Kishore Adyanthaya | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
| Susheela Heri | Director | 01 Nov 1978 | 48 Years 0 Months | Current |
| Aparna Punja Also directs: Highland Drugs and Cosmetics Private Limited | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
M P I.Ethicals Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Godolo and Godolo Exports Private Limited | ₹2.23 Cr (FY 2024) | -67.0% | Delhi, India | |||
| Zaniq Care Limited | ₹2.23 Cr (FY 2025) | Bangalore, Karnataka, India | ||||
| Vigneshwara Technology Manufacturer Private Limited | ₹2.23 Cr (FY 2025) | -45.0% | Ludhiana, Punjab, India | |||
| Brio Energy Private Limited | ₹2.23 Cr (FY 2025) | -8.0% | Thane, Maharashtra, India | |||
| Proflex Electricals Private Limited | ₹2.23 Cr (FY 2025) | 39.0% | Delhi, India | |||
| M P I.Ethicals Private Limitedthis company | ₹2.23 Cr (FY 2025) | ₹60.54 Lakh | 27.2% | 6.0% | Mumbai, Maharashtra, India | |
| Alza Exports Private Limited | ₹2.23 Cr (FY 2024) | 14.0% | Jalandhar, Punjab, India | |||
| Libra Entertainments Private Limited | ₹2.23 Cr (FY 2025) | 41.0% | Panchkula, Haryana, India | |||
| M. B. Surana Marketing Private Limited | ₹2.23 Cr (FY 2025) | -1.0% | Nashik, Maharashtra, India | |||
| Eugenics Pharma Private Limited | ₹2.22 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Narottam Granites Private Limited | ₹2.22 Cr (FY 2024) | 35.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of M P I.Ethicals Private Limited, buy the company report.
Auditor
M P I.Ethicals Private Limited is audited by MAJIBAIL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAJIBAIL & CO. | FY 2017 | 007082 |
Shareholding
The shareholding of M P I.Ethicals Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of M P I.Ethicals Private Limited, buy the company report.
Legal cases
M P I.Ethicals Private Limited has 1 court case on record: 1 filed by M P I.Ethicals. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Anr. | Disposed |
To see the full case history of M P I.Ethicals 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 M P I.Ethicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M P I.Ethicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM5648R1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M P I.Ethicals Private Limited, buy the company report.
Recent activity
M P I.Ethicals Private Limited has 6 board changes on record since 1978: 3 appointments and 3 cessations. The latest: Aparna Punja ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
M P I.Ethicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 05 July 1974 (52+ years old) and is registered under CIN U24230MH1974PTC017454.
M P I.Ethicals has 3 current directors:
- Ishan Kishore Adyanthaya - Director
- Susheela Heri - Director
- Aparna Punja - Director
The latest financial statements of M P I.Ethicals 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 M P I.Ethicals is 27AAACM5648R1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of M P I.Ethicals is U24230MH1974PTC017454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M P I.Ethicals has 1 court case on record: 1 filed by the company.
M P I.Ethicals was incorporated on 05 July 1974, making it 52+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of M P I.Ethicals by revenue are Godolo and Godolo Exports Private Limited, Zaniq Care Limited, Vigneshwara Technology Manufacturer Private Limited, Brio Energy Private Limited, Proflex Electricals Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Aparna Punja ceased to be Additional Director on 31 Dec 2020. Ishan Kishore Adyanthaya ceased to be Additional Director on 31 Dec 2020. Gopalkrishna Karkala Kamath ceased to be Director on 30 Jul 2020. M P I.Ethicals has 6 board changes on record in total.
The registered office of M P I.Ethicals is at 42 Bhagat Singh Roadvile Parle West, Mumbai, Maharashtra, India – 400056.
M P I.Ethicals operates in the trading industry, in the wholesale segment.
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