
SM Ethical Trades Private Limited
About SM Ethical Trades Private Limited
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SM Ethical Trades Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 06 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2012PTC244555. Its GSTIN is 23AAFFA9123R1Z6 (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Aiw Innovative Solutions Private Limited. It is led by directors Gayatri Mulay and Ratna Mulay.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 55 C Pocket A – 10 Kalkaji Extension, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.03 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹8.04 Lakh (net margin -396.4%) and EBITDA of -₹1.53 Lakh (EBITDA margin -75.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
SM Ethical Trades has one previous CIN (Corporate Identification Number): U29253DL2012PTC244555. The current CIN is U51909DL2012PTC244555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909DL2012PTC244555 | Current |
| U29253DL2012PTC244555 | Previous |
Contact details
SM Ethical Trades Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address55 C Pocket A – 10 Kalkaji Extension, New Delhi, Delhi, India – 110019
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of SM Ethical Trades 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 SM Ethical Trades is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of SM Ethical Trades Private Limited, buy the company report.
Financials of SM Ethical Trades Private Limited
FY 2024 filings availableSM Ethical Trades Private Limited reported revenue of ₹2.03 Lakh (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 7% growth in the latest year. EBITDA fell 59% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.53 Lakh | ||||
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| Net Profit (PAT) | -₹8.04 Lakh | ||||
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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 | -75.6% | ||||
| Net Profit Margin | -396.4% | ||||
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To see the full financial statements and ratios of SM Ethical Trades Private Limited, buy the company report.
Board of directors of SM Ethical Trades Private Limited
SM Ethical Trades has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayatri Mulay | Additional Director | 21 Jul 2018 | 8 Years 3 Months | Current |
| Ratna Mulay | Additional Director | 12 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
SM Ethical Trades Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Walia Trexim Private Limited | ₹2.03 Lakh (FY 2021) | -8.0% | New Delhi, Delhi, India | |||
| Primordial Services Private Limited | ₹2.03 Lakh (FY 2022) | Nagpur, Maharashtra, India | ||||
| Large Scale Solutions Private Limited | ₹2.03 Lakh (FY 2024) | -26.0% | Godhra, Gujarat, India | |||
| Ampar Enterprises Private Limited | ₹2.03 Lakh (FY 2025) | -26.0% | Kalyan, Maharashtra, India | |||
| MRB Pharma Private Limited | ₹2.03 Lakh (FY 2024) | Ambala, Haryana, India | ||||
| SM Ethical Trades Private Limitedthis company | ₹2.03 Lakh (FY 2024) | -₹8.04 Lakh | -396.4% | 7.0% | New Delhi, Delhi, India | |
| Green Rise Agrotech Private Limited | ₹2.03 Lakh (FY 2024) | -40.0% | Kishanganj, Bihar, India | |||
| Vijaylakshmi Commotrade Private Limited | ₹2.03 Lakh (FY 2025) | -67.0% | Jharsuguda, Odisha, India | |||
| Jay - R Aqua Foods (India) Private Limited | ₹2.03 Lakh (FY 2025) | -97.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Vidisha Fabtrade Private Limited | ₹2.03 Lakh (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| Reliance Aromatics and Petrochemicals Limited | ₹2.03 Lakh (FY 2018) | 1.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of SM Ethical Trades Private Limited, buy the company report.
Auditor
SM Ethical Trades Private Limited is audited by AGARWAL KANHERE ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL KANHERE ASSOCIATES | FY 2017 | 075857 |
Shareholding
The shareholding of SM Ethical Trades 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 SM Ethical Trades Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving SM Ethical Trades 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 SM Ethical Trades Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SM Ethical Trades has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFFA9123R1Z6 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SM Ethical Trades Private Limited, buy the company report.
Recent activity
SM Ethical Trades Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Rajan Dubey ceased to be Director on 01 Feb 2020.
Frequently asked questions
SM Ethical Trades is an active private limited company based in New Delhi, Delhi, India. The company works in retail trading, within the trading industry. It was incorporated on 06 November 2012 (14+ years old) and is registered under CIN U51909DL2012PTC244555.
SM Ethical Trades has 2 current directors:
- Gayatri Mulay - Additional Director
- Ratna Mulay - Additional Director
The latest financial statements of SM Ethical Trades on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of SM Ethical Trades is 23AAFFA9123R1Z6, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of SM Ethical Trades is U51909DL2012PTC244555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SM Ethical Trades was incorporated on 06 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of SM Ethical Trades by revenue are Walia Trexim Private Limited, Primordial Services Private Limited, Large Scale Solutions Private Limited, Ampar Enterprises Private Limited, MRB Pharma Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Rajan Dubey ceased to be Director on 01 Feb 2020. Gayatri Mulay was appointed as Additional Director on 21 Jul 2018. Vinay Prakash ceased to be Director on 14 Feb 2017. SM Ethical Trades has 6 board changes on record in total.
The registered office of SM Ethical Trades is at 55 C Pocket A – 10 Kalkaji Extension, New Delhi, Delhi, India – 110019.
SM Ethical Trades operates in the trading industry, in the retail trading segment.
The compliance status of SM Ethical Trades is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.

