About Ethica India Advisors Private Limited
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Ethica India Advisors Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 02 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2012PTC244409. Its GSTIN is 07AADCE2900M1ZR (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Girija Shankar Tripathy and Chandrasekaran Ramakrishnan Kolumam.
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 F – 114 3rd Floor Naraina Vihar, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.3 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹5.74 Lakh (net margin 40.1%) and EBITDA of ₹6.89 Lakh (EBITDA margin 48.2%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 34% over five years.
The company is associated with 1 brand: Ethica Advisors.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethicaindia.com.
Company details
Contact details
Ethica India Advisors Private Limited's registered office is in New Delhi, Delhi. Its website is ethicaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 114 3rd Floor Naraina Vihar, New Delhi, Delhi, India – 110028
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Ethica India Advisors 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
Brands
Ethica India Advisors operates one associated brand: Ethica Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers advisory services for business transactions, capital raising, and strategic sourcing. | ethicaadvisor.com |
Business activity
The main business activity of Ethica India Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Ethica India Advisors Private Limited, buy the company report.
Financials of Ethica India Advisors Private Limited
FY 2025 filings availableEthica India Advisors Private Limited reported revenue of ₹14.3 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 51% fall in the latest year. EBITDA fell 57% 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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| EBITDA | ₹6.89 Lakh | ||||
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| Net Profit (PAT) | ₹5.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 48.2% | ||||
| Net Profit Margin | 40.1% | ||||
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To see the full financial statements and ratios of Ethica India Advisors Private Limited, buy the company report.
Board of directors of Ethica India Advisors Private Limited
Ethica India Advisors has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girija Shankar Tripathy | Director | 13 Aug 2014 | 12 Years 2 Months | Current |
| Chandrasekaran Ramakrishnan Kolumam Also directs: Kedar Ventures Private Limited, Ecbee Innovations Private Limited | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
| Satya Brata Pati | Additional Director | 19 Dec 2018 | 7 Years 10 Months | Current |
Auditor
Ethica India Advisors Private Limited is audited by R PLAHA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R PLAHA & ASSOCIATES | FY 2022 | 008054N |
Shareholding
The shareholding of Ethica India Advisors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ethica India Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ethica India Advisors 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 Ethica India Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ethica India Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCE2900M1ZR | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ethica India Advisors Private Limited, buy the company report.
Recent activity
Ethica India Advisors Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Chandrasekaran Ramakrishnan Kolumam ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Ethica India Advisors is an active private limited company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 02 November 2012 (14+ years old) and is registered under CIN U74999DL2012PTC244409.
Ethica India Advisors has 3 current directors:
- Girija Shankar Tripathy - Director
- Chandrasekaran Ramakrishnan Kolumam - Director
- Satya Brata Pati - Additional Director
The latest financial statements of Ethica India Advisors 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 Ethica India Advisors is 07AADCE2900M1ZR, registered in Delhi.
The CIN (Corporate Identification Number) of Ethica India Advisors is U74999DL2012PTC244409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethica India Advisors was incorporated on 02 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Chandrasekaran Ramakrishnan Kolumam ceased to be Additional Director on 29 Sep 2023. Chandrasekaran Ramakrishnan Kolumam was appointed as Director on 15 Sep 2021. Kaustubh Tripathy ceased to be Additional Director on 17 Aug 2021. Ethica India Advisors has 9 board changes on record in total.
Ethica India Advisors can be reached through the website ethicaindia.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Ethica India Advisors is at F – 114 3rd Floor Naraina Vihar, New Delhi, Delhi, India – 110028.
Ethica India Advisors operates in the travel and hospitality industry, in the consumer professional services segment.
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