About SystemEthic
SystemEthic is a Financial Services company based in Surat (India) founded in 2011. Financial services encompassing insurance, investments, and wealth protection in India. Its Indian entity System-Ethic Insurance Brokers Private Limited reported revenue of ₹70.9 Lakh. SystemEthic offers products and services including General Insurance for Individuals and Life Insurance. Its focus areas include Investments, Mutual Funds, Equity and Debt Funds and Insurance.
Company details
Systemethic Insurance is established to promote the concepts of wealth creation and protection, emphasizing that wealth creation cannot occur without adequate protection. Expert solutions and cost-effective products are provided to clients and corporates through proactive services and ethical practices. Financial literacy and customized solutions are offered to achieve financial peace for individuals and businesses. The company operates in areas such as general insurance, life insurance, mutual funds, and tax saver bonds, with a focus on supporting against losses and disabilities. Its services are based in Surat, India, ensuring accessibility and reliability.
- Headquarters Surat, India
- SectorsFinancial Services
- Email••••••••
- Website systemethic.com
- Legal Name System Ethic Insurance Brokers Private Limited
- Date of Incorporation 14 Aug, 2013
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹70.9 Lakh
FY 2025 · -6% YoY
- Net Profit₹22.7 Lakh
FY 2025 · 32% margin
- EBITDA₹24.8 Lakh
FY 2025 · 35% margin
Associated legal entities of SystemEthic
SystemEthic operates through System-Ethic Insurance Brokers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| System-Ethic Insurance Brokers Private Limited CIN U67200GJ2013PTC076421 | Active | 14 Aug 2013 | Surat, Gujarat | ₹0.7 Cr | 3 | View details |
Products & Services of SystemEthic
SystemEthic offers a comprehensive portfolio of products and services, including General Insurance for Individuals and Life Insurance.
Insurance coverage is provided for individuals against disabilities and other risks, focusing on human lives.
A contract is established between the policy holder and insurer, where a sum of money is paid to a beneficiary upon the death of the insured person.
Board of directors of System-Ethic Insurance Brokers Private Limited (SystemEthic)
System-Ethic Insurance Brokers Private Limited is the primary company behind SystemEthic. The board of System-Ethic Insurance Brokers Private Limited currently have 3 directors; the longest-serving is Jayesh Nareshchandra Patwa, appointed in 2013. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jayesh Nareshchandra Patwa DIN 03560461 | Director | 14 Aug 2013 | 13 yrs 2 mo | System-Ethic Insurance Brokers Private Limited |
| Amita Jayesh Patwa DIN 03560459 | Director | 14 Aug 2013 | 13 yrs 2 mo | System-Ethic Insurance Brokers Private Limited |
| Ami Ghanshyam Parekh DIN 10621985 | Director | 02 Dec 2024 | 1 yr 11 mo | System-Ethic Insurance Brokers Private Limited |
Financials of SystemEthic
Figures of System-Ethic Insurance Brokers Private Limited, the primary company behind SystemEthic, for FY 2025. Revenue was ₹70.9 Lakh (-6% year on year). Net profit was ₹22.7 Lakh (32% margin). EBITDA was ₹24.8 Lakh (35% margin). Revenue has grown at a compounded annual rate of +15% over three years and +14% over five years.
- ₹70.9 LakhRevenue · FY 2025 · -6% YoY
- ₹22.7 LakhNet profit · 32% margin
- ₹24.8 LakhEBITDA · 35% margin
- ₹75 LakhPaid-up capital
- +15%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of System-Ethic Insurance Brokers Private Limited are on its company page.
Detailed financial statements for SystemEthic
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Private Equity Funds
2 companies that operate in the same segment as SystemEthic (Private Equity Funds) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Private equity firm and fund of funds focused on multiple sectors | 2020 | India | USD 238.01 M | 969 | ||
Provides mutual fund investments, SIP options, and financial planning services online. | 2009 | Mumbai, Maharashtra, India | USD 18.21 B | 104,453 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about SystemEthic
SystemEthic was founded in 2011.
SystemEthic is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
The primary company behind SystemEthic, System-Ethic Insurance Brokers Private Limited, reported revenue of ₹70.9 Lakh for FY 2025, down 6% year on year.
Systemethic Insurance is established to promote the concepts of wealth creation and protection, emphasizing that wealth creation cannot occur without adequate protection. Expert solutions and cost-effective products are provided to clients and corporates through proactive services and ethical practices. Financial literacy and customized solutions are offered to achieve financial peace for individuals and businesses. The company operates in areas such as general insurance, life insurance, mutual funds, and tax saver bonds, with a focus on supporting against losses and disabilities. Its services are based in Surat, India, ensuring accessibility and reliability.
SystemEthic offers General Insurance for Individuals and Life Insurance.
SystemEthic operates through System-Ethic Insurance Brokers Private Limited.
The legal entities of SystemEthic currently have 3 directors, including Ami Ghanshyam Parekh, Jayesh Nareshchandra Patwa, Amita Jayesh Patwa.