Zhi Ernest Solutions Private Limited
About Zhi Ernest Solutions Private Limited
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Zhi Ernest Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 11 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC063477. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arun Patel (Managing Director) and Saraswathi Kalasa Lakshmanabhatta.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 218 5th Floor 501 J P Royale 13th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.74 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹11,405 (net margin 0.9%) and EBITDA of ₹30,124 (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo 218 5th Floor 501 J P Royale 13th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryProfessional Services, Accounting, Taxation, Book Keeping
- 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
- One PDF report, delivered after checkout
Business Activity of Zhi Ernest Solutions Private Limited
The main business activity of Zhi Ernest Solutions is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Zhi Ernest Solutions Private Limited FY 2024 filings available
Zhi Ernest Solutions Private Limited reported revenue of ₹12.74 Lakh (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Zhi Ernest Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 6% growth in the latest year. EBITDA rose 48% 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 of Zhi Ernest Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹30,124 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11,405 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Zhi Ernest Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Zhi Ernest Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Zhi Ernest Solutions Private Limited
Zhi Ernest Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saraswathi Kalasa Lakshmanabhatta | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
| Govindaiah Vinod | Director | 12 Apr 2022 | 4 Years 6 Months | Current |
| Arun Patel | Managing Director | 17 Sep 2025 | 1 Years 1 Months | Current |
Peer Comparison of Zhi Ernest Solutions Private Limited
Zhi Ernest Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mapad Consultax Private Limited | ₹12.81 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Gurugram, Haryana, India |
| Finetax Ace Private Limited | ₹12.81 Lakh (FY 2022) | •••• | •••• | 579.0% | •••• | Jamshedpur, Jharkhand, India |
| Acconnect Consultants Private Limited | ₹12.81 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Bhopal, Madhya Pradesh, India |
| Faglig Services Private Limited | ₹12.8 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| NPS Business Solutions Private Limited | ₹12.78 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Zhi Ernest Solutions Private Limited this company | ₹12.74 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Fixine Consultancy Services Private Limited | ₹12.74 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Jaipur, Rajasthan, India |
| Saavy Computex Solutions Private Limited | ₹12.72 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Lucknow, Uttar Pradesh, India |
| Merton Retail (OPC) Private Limited | ₹12.72 Lakh (FY 2020) | •••• | •••• | 149.0% | •••• | Bhiwani, Haryana, India |
| Minutiae Consulting Private Limited | ₹12.7 Lakh (FY 2022) | •••• | •••• | 81.0% | •••• | Hyderabad, Telangana, India |
| Taxempt Global Advisors Private Limited | ₹12.69 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Zhi Ernest Solutions by revenue in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Zhi Ernest Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Zhi Ernest Solutions Private Limited
Zhi Ernest Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Zhi Ernest Solutions Private Limited
Employment history and EPFO contributions of people linked to Zhi Ernest Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Zhi Ernest Solutions Private Limited
Zhi Ernest Solutions Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Arun Patel was appointed as Managing Director on 17 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Zhi Ernest Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Zhi Ernest Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Zhi Ernest Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Zhi Ernest Solutions Private Limited
Zhi Ernest Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Zhi Ernest Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zhi Ernest Solutions Private Limited
Zhi Ernest Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in accounting, within the professional services industry. It was incorporated on 11 April 2012 (14+ years old) and is registered under CIN U74900KA2012PTC063477.
Zhi Ernest Solutions reported revenue of ₹12.74 Lakh for FY 2024 (up 6% YoY).
Zhi Ernest Solutions has 3 current directors:
- Arun Patel - Managing Director
- Saraswathi Kalasa Lakshmanabhatta - Director
- Govindaiah Vinod - Director
Zhi Ernest Solutions reported a net profit of ₹11,405 (net margin 0.9%) and EBITDA of ₹30,124 (EBITDA margin 2.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zhi Ernest Solutions is 17% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
No. Zhi Ernest Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Zhi Ernest Solutions is U74900KA2012PTC063477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zhi Ernest Solutions was incorporated on 11 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Zhi Ernest Solutions by revenue are Mapad Consultax Private Limited, Finetax Ace Private Limited, Acconnect Consultants Private Limited, Faglig Services Private Limited, NPS Business Solutions Private Limited and 5 more, all in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy).
Arun Patel was appointed as Managing Director on 17 Sep 2025. Govindaiah Vinod was appointed as Director on 12 Apr 2022. Bindushree Sakarayapattana Ajjaiah was appointed as Managing Director on 11 Apr 2012. Zhi Ernest Solutions has 4 board changes on record in total.
The registered office of Zhi Ernest Solutions is at No 218 5th Floor 501 J P Royale 13th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.