
About Ether Games Private Limited
Data last updated:
Ether Games Private Limited is a private limited company based in Tripunithura, Kerala, India, recognised as a startup by DPIIT. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 12 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2018PTC055914. Its GSTIN is 32AAFCE2950F1Z1 (Kerala).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gokul Elyadath and Sarath Mohan.
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 20/276 Vyrelil House Palliparambukavu Road, Tripunithura, Kerala, India – 682301.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.71 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹14.73 Lakh (net margin -30.9%) and EBITDA of -₹10.08 Lakh (EBITDA margin -21.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 51% over five years.
As per MCA filings, the company has open charges of ₹14 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website etheritsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address20/276 Vyrelil House Palliparambukavu Road, Tripunithura, Kerala, India – 682301
- IndustryInternet, Online Gaming Platforms
- 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 Ether Games Private Limited
The main business activity of Ether Games is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Ether Games Private Limited FY 2025 filings available
Ether Games Private Limited reported revenue of ₹47.71 Lakh (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ether Games Private Limited
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 116% 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 Ether Games 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 | -₹10.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.73 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ether Games Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -30.9% | •••• | •••• | •••• | •••• |
| 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 Ether Games are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Ether Games Private Limited
Ether Games Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Gaming Portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gamingace Technologies Private Limited | ₹54.7 Lakh (FY 2025) | •••• | •••• | 194.0% | •••• | New Delhi, Delhi, India |
| Alhansat Solutions Private Limited | ₹54.58 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Divy Webtech Private Limited | ₹54.55 Lakh (FY 2023) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Elinkding Webit Private Limited | ₹52.8 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Gurgaon, Haryana, India |
| XLN Media Solutions Private Limited | ₹49.99 Lakh (FY 2021) | •••• | •••• | -23.0% | •••• | North 24 Parganas, West Bengal, India |
| Ether Games Private Limited this company | ₹47.71 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Tripunithura, Kerala, India |
| Tiwari Tech Industries Private Limited | ₹47.17 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Etora, Uttar Pradesh, India |
| Dab Games Private Limited | ₹46.96 Lakh (FY 2025) | •••• | •••• | 2940.0% | •••• | Haryana, India |
| Ondemand Blockchain Services Private Limited | ₹45.17 Lakh (FY 2020) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Blitz-Zone E-Gaming Private Limited | ₹43.51 Lakh (FY 2024) | •••• | •••• | 71.0% | •••• | Bangalore, Karnataka, India |
| Mogo Esports Private Limited | ₹43.4 Lakh (FY 2025) | •••• | •••• | 1306.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ether Games by revenue in the Ecommerce and Internet industry (Gaming Portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ether Games Private Limited
Ether Games Private Limited is audited by G R K NAIR & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G R K NAIR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ether Games Private Limited
Ether Games has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gokul Elyadath | Director | 12 Dec 2018 | 7 Years 9 Months | Current |
| Sarath Mohan | Director | 12 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Ether Games 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 Ether Games Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2022 | Others | ₹14 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ether Games Private Limited
Employment history and EPFO contributions of people linked to Ether Games.
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 Ether Games Private Limited
Ether Games Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Gokul Elyadath was appointed as Director on 12 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Ether Games 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 Ether Games 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 Ether Games 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 Ether Games Private Limited
Ether Games has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCE2950F1Z1 | Kerala | Active | 28 Dec 2019 |
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 Ether Games 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 Ether Games Private Limited
Ether Games is an active private limited company based in Tripunithura, Kerala, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 12 December 2018 (8+ years old) and is registered under CIN U72900KL2018PTC055914.
Ether Games reported revenue of ₹47.71 Lakh for FY 2024 (down 62% YoY).
Ether Games has 2 current directors:
- Gokul Elyadath - Director
- Sarath Mohan - Director
Ether Games reported a net loss of ₹14.73 Lakh (net margin -30.9%) and EBITDA of -₹10.08 Lakh (EBITDA margin -21.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ether Games is 13% over three years and 51% over five years. In the latest year (FY 2024) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ether Games is 32AAFCE2950F1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Ether Games is U72900KL2018PTC055914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ether Games was incorporated on 12 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ether Games by revenue are Gamingace Technologies Private Limited, Alhansat Solutions Private Limited, Divy Webtech Private Limited, Elinkding Webit Private Limited, XLN Media Solutions Private Limited and 5 more, all in the Ecommerce and Internet industry (Gaming Portal).
Gokul Elyadath was appointed as Director on 12 Dec 2018. Sarath Mohan was appointed as Director on 12 Dec 2018.
Yes, Ether Games is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).