MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-28-0005015
Ethan Power Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.65 Cr
▼ 1% YoY
Net profit · FY 2025
₹1.56 Cr
Net margin 3.2%
EBITDA · FY 2025
₹3.48 Cr
EBITDA margin 7.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹21.02 Cr
Satisfied ₹2.71 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
20
Provident fund records
About Ethan Power Private Limited
Data last updated:
Ethan Power Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31900DL2012PTC233172. Its GSTIN is 06AADCE0252A1ZH (Haryana). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naveen Kumar and Amit Gaur.
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 Pno – 25/26 T/F Flat No. 310 Kh No. 15/19&21 Dwarka, New Delhi, Delhi, India – 110078.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.65 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 3.2%) and EBITDA of ₹3.48 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.02 Cr and satisfied charges of ₹2.71 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 2 cases are pending.
Ethan Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0005015). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethan.net.in.
Company details
CIN U31900DL2012PTC233172
Registration Number 233172
Incorporation Date 20 March 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0005015
Key People
Naveen Kumar Director Amit Gaur Director Recognitions & Rankings of Ethan Power
Contact details
Ethan Power Private Limited's registered office is in New Delhi, Delhi. Its website is ethan.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPno – 25/26 T/F Flat No. 310 Kh No. 15/19&21 Dwarka, New Delhi, Delhi, India – 110078
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ethan Power Private Limited, buy the company report.
Comprehensive company report
Ethan Power Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ethan Power is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ethan Power Private Limited, buy the company report.
Financials of Ethan Power Private Limited
FY 2025 filings availableEthan Power Private Limited reported revenue of ₹48.65 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹48.65 Cr ▼ 1%
Net profit · FY 2025
₹1.56 Cr margin 3.2%
EBITDA · FY 2025
₹3.48 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 16%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 21%
5 years · compounded
▲ 12%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 14% 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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| Total Expenses | |||||
| EBITDA | ₹3.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.56 Cr | ||||
| Balance Sheet | |||||
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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 | 7.2% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ethan Power Private Limited, buy the company report.
Board of directors of Ethan Power Private Limited
Ethan Power has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Kumar Also directs: Ethan Engineering Private Limited | Director | 20 Mar 2012 | 14 Years 7 Months | Current |
| Amit Gaur Also directs: Ethan Engineering Private Limited | Director | 23 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Ethan Power Private Limited is audited by Subodh Benipuri & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Subodh Benipuri & Associates | FY 2024 | 021038C |
Shareholding
The shareholding of Ethan Power Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ethan Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.02 Cr
Satisfied charges
₹2.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101016103 | Others | ₹5 Cr | Open | |
| 01 Aug 2024 | 100978047 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 01 Aug 2024 | 100978050 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 27 Jan 2021 | 100433953 | Hdfc Bank Limited | ₹14.66 Cr | Open | |
| 21 Jan 2021 | 100430983 | Hdfc Bank Limited | ₹8.07 Lakh | Open |
To see the full charge records of Ethan Power Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ethan Power Private Limited has 7 court cases on record: 7 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed against the company
7
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Ethan Power 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
Ethan Power Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 65 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Jayashree Electron Pvt Ltd | |||
| A-Bond Strands Private Limited |
To see the full MSME payment records of Ethan Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ethan Power Private Limited has a workforce of 16 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
14.29%
GST
Ethan Power has 7 GST registrations: 4 active and 3 cancelled or inactive.
Total GSTINs
7
Active
4
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCE0252A1ZH | Haryana | Active | 01 Jul 2017 |
| 09AADCE0252A2ZA | Uttar Pradesh | Active | 18 Apr 2023 |
| 08AADCE0252A1ZD | Rajasthan | Active | 31 Jan 2024 |
| 09AADCE0252A3Z9 | Uttar Pradesh | Active | 04 Mar 2025 |
To see the full GST registrations and return filing status of Ethan Power Private Limited, buy the company report.
Recent activity
Ethan Power Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Ashish Luthra ceased to be Director on 02 Dec 2022.
AGM
Ethan Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ethan Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101016103 was registered on 29 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100978047 was registered on 01 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100978050 was registered on 01 Aug 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1,466.00 Lakh registered on 27 Jan 2021 with Charge ID 100433953 was modified on 05 Jun 2024.
Ceased
Ashish Luthra ceased to be Director.
Charges
A charge registered on 11 Jun 2020 via Charge ID 100340959 with Standard Chartered Bank was fully satisfied on 16 Aug 2021.
Charges
A charge registered on 24 Oct 2019 via Charge ID 100297376 with Others was fully satisfied on 13 Aug 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,466.00 Lakh with Charge ID 100433953 was registered on 27 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.07 Lakh with Charge ID 100430983 was registered on 21 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.00 Lakh with Charge ID 100416063 was registered on 29 Oct 2020.
8 earlier events are in the company report.
Frequently asked questions
Ethan Power is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 March 2012 (14+ years old) and is registered under CIN U31900DL2012PTC233172.
Ethan Power has 2 current directors:
- Naveen Kumar - Director
- Amit Gaur - Director
The latest financial statements of Ethan Power 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 Ethan Power is 06AADCE0252A1ZH, registered in Haryana. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 09AADCE0252A2ZA (Uttar Pradesh), 08AADCE0252A1ZD (Rajasthan), 09AADCE0252A3Z9 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ethan Power is U31900DL2012PTC233172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethan Power has 7 court cases on record: 7 filed against it. 2 are pending.
Ethan Power was incorporated on 20 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Ashish Luthra ceased to be Director on 02 Dec 2022. Amit Gaur ceased to be Additional Director on 30 Sep 2015. Amit Gaur was appointed as Director on 23 Mar 2015. Ethan Power has 4 board changes on record in total.
Yes, Ethan Power is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0005015).
Ethan Power has 3 MSME Form 1 returns on record between 2019 and 2021, listing 65 overdue payments to 4 micro and small suppliers. The latest return was filed on 06 May 2021.
Ethan Power can be reached through the website ethan.net.in. Its registered office is in New Delhi, Delhi, India.