About Earnest Ideate Private Limited
Data last updated:
Earnest Ideate Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC301193.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aj Earnest and Ritu Ramesh Dham.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 30 March 2022. The registered office is at 17th Floor 194 Earnest House Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39,514 (net margin 29.9%) and EBITDA of ₹39,514 (EBITDA margin 29.9%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website earnestbiz.in.
Company details
Contact details
Earnest Ideate Private Limited's registered office is in Mumbai, Maharashtra. Its website is earnestbiz.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address17th Floor 194 Earnest House Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Earnest Ideate 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
Financials of Earnest Ideate Private Limited
FY 2022 filings availableEarnest Ideate Private Limited reported revenue of ₹1.32 Lakh (up 1045% YoY) for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.32 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹39,514 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹39,514 | |
| 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
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 29.9% | |
| Net Profit Margin | 29.9% | |
| 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 | ||
To see the full financial statements and ratios of Earnest Ideate Private Limited, buy the company report.
Board of directors of Earnest Ideate Private Limited
Earnest Ideate has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aj Earnest Also directs: John Frank Shipping Services Limited, Frank Merchant Bankers Limited, John Builders Pvt Ltd and 1 more | Director | 26 Oct 2017 | 8 Years 11 Months | Current |
| Ritu Ramesh Dham Also directs: John Builders Pvt Ltd | Director | 26 Oct 2017 | 8 Years 11 Months | Current |
Peer comparison
Earnest Ideate Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivani Metals Limited | ₹1.32 Lakh (FY 2023) | -71.0% | New Delhi, Delhi, India | |||
| Athaya Business Solutions Private Limited | ₹1.32 Lakh (FY 2020) | Delhi, India | ||||
| Earnest Ideate Private Limitedthis company | ₹1.32 Lakh (FY 2019) | ₹39,514 | 29.9% | 1045.0% | Mumbai, Maharashtra, India | |
| Alliance Consultancy Services Pvt Ltd | ₹1.32 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Nuphi Technologies Private Limited | ₹1.32 Lakh (FY 2024) | 18107.0% | Mumbai, Maharashtra, India | |||
| Mpy Logistics Private Limited | ₹1.32 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Hecate Trading Private Limited | ₹1.32 Lakh (FY 2025) | 5435.0% | Mumbai, Maharashtra, India | |||
| Varshney Advisory Private Limited | ₹1.32 Lakh (FY 2024) | 210.0% | Gurgaon, Haryana, India | |||
| Viscap Corporation Private Limited | ₹1.32 Lakh (FY 2017) | -99.0% | Nashik, Maharashtra, India | |||
| Jayshika Consultancy Private Limited | ₹1.32 Lakh (FY 2023) | -94.0% | Hyderabad, Telangana, India | |||
| Tulasi Projects Private Limited | ₹1.32 Lakh (FY 2024) | -90.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Earnest Ideate Private Limited, buy the company report.
Auditor
Earnest Ideate Private Limited is audited by NISHANT S MEHTA AND CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NISHANT S MEHTA AND CO | FY 2019 | 107266 |
Shareholding
The shareholding of Earnest Ideate Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Earnest Ideate Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Earnest Ideate 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 Earnest Ideate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Earnest Ideate Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Earnest Ideate Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Aj Earnest was appointed as Director on 26 Oct 2017.
Frequently asked questions
Earnest Ideate is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 October 2017 (9+ years old) and is registered under CIN U74999MH2017PTC301193.
Earnest Ideate has 2 current directors:
- Aj Earnest - Director
- Ritu Ramesh Dham - Director
The latest financial statements of Earnest Ideate on record with the MCA are for the year ended 30 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Earnest Ideate is U74999MH2017PTC301193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Earnest Ideate was incorporated on 26 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Earnest Ideate by revenue are Shivani Metals Limited, Athaya Business Solutions Private Limited, Alliance Consultancy Services Pvt Ltd, Nuphi Technologies Private Limited, Mpy Logistics Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Aj Earnest was appointed as Director on 26 Oct 2017. Ritu Ramesh Dham was appointed as Director on 26 Oct 2017.
Earnest Ideate can be reached through the website earnestbiz.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Earnest Ideate is at 17th Floor 194 Earnest House Nariman Point, Mumbai, Maharashtra, India – 400021.
Earnest Ideate operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Earnest Ideate is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.