MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0047614
Ethical Apparel Private Limited
Ethical Apparel Private Limited - manufacturing in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹39.73 Cr
▲ 25% YoY
Net profit · FY 2025
₹1.93 Cr
Net margin 4.8%
EBITDA · FY 2025
₹2.37 Cr
EBITDA margin 6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
51
Provident fund records
About Ethical Apparel Private Limited
Data last updated:
Ethical Apparel Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U18100UP2021PTC153641.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Raman Deep Singh and Avneet Kaur.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Noida, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.73 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Cr (net margin 4.8%) and EBITDA of ₹2.37 Cr (EBITDA margin 6%).
The company has about 51 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr on record.
Ethical Apparel Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0047614). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18100UP2021PTC153641
Registration Number 153641
Incorporation Date 09 October 2021
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0047614
Key People
Raman Deep Singh Director Avneet Kaur Director Recognitions & Rankings of Ethical Apparel
Contact details
Ethical Apparel Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 169 Block – D Phase – II, Extension Hosiery Complex, Noida, Uttar Pradesh, India – 201301
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ethical Apparel Private Limited, buy the company report.
Comprehensive company report
Ethical Apparel 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Ethical Apparel is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Ethical Apparel Private Limited, buy the company report.
Financials of Ethical Apparel Private Limited
FY 2025 filings availableEthical Apparel Private Limited reported revenue of ₹39.73 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹39.73 Cr ▲ 25%
Net profit · FY 2025
₹1.93 Cr margin 4.8%
EBITDA · FY 2025
₹2.37 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 802%
Revenue rose 25% in the latest year. EBITDA rose 22% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹2.37 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.93 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6% | |||
| Net Profit Margin | 4.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Ethical Apparel Private Limited, buy the company report.
Board of directors of Ethical Apparel Private Limited
Ethical Apparel has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Deep Singh | Director | 09 Oct 2021 | 5 Years 0 Months | Current |
| Avneet Kaur | Director | 09 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Ethical Apparel Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Karthikeya Spinning and Weaving Mills Private Limited | ₹39.83 Cr (FY 2024) | -73.0% | Coimbatore Dt, Tamil Nadu, India | |||
| Times Fibrefill Private Limited | ₹39.83 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Prince Handloom Private Limited | ₹39.8 Cr (FY 2025) | 6.0% | Delhi, India | |||
| Ethical Apparel Private Limitedthis company | ₹39.73 Cr (FY 2025) | ₹1.93 Cr | 4.8% | 25.0% | Noida, Uttar Pradesh, India | |
| Zenith Silk Mills Private Limited | ₹39.71 Cr (FY 2025) | 42.0% | Surat, Gujarat, India | |||
| Sri Pavithra Cotton Mills Private Limited | ₹39.68 Cr (FY 2019) | -1.0% | Coimbatore, Tamil Nadu, India | |||
| Sri Sowdeswari Mills Private Limited | ₹39.68 Cr (FY 2025) | 6.0% | Jalakandapuram, Tamil Nadu, India | |||
| Parag Syntex Private Limited | ₹39.67 Cr (FY 2025) | 15.0% | Surat, Gujarat, India | |||
| G.R.Fabrics Private Limited | ₹39.64 Cr (FY 2025) | 4.0% | Gwalior, Madhya Pradesh, India |
To see the full peer comparison of Ethical Apparel Private Limited, buy the company report.
Auditor
Ethical Apparel Private Limited is audited by Harvinder Arora & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Harvinder Arora & Associates | FY 2023 | 094031 |
Shareholding
The shareholding of Ethical Apparel Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ethical Apparel Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2023 | 100726992 | Axis Bank Limited | ₹10 Cr | Open |
To see the full charge records of Ethical Apparel Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ethical Apparel 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 Ethical Apparel 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 Ethical Apparel Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ethical Apparel Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Avneet Kaur was appointed as Director on 09 Oct 2021.
AGM
Ethical Apparel Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 1,000.00 Lakh registered on 17 May 2023 with Charge ID 100726992 was modified on 07 Aug 2025.
Filing
Ethical Apparel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100726992 was registered on 17 May 2023.
Appointed
Avneet Kaur was appointed as Director.
Appointed
Raman Deep Singh was appointed as Director.
Incorporation
09 Oct 2021
Ethical Apparel Private Limited was registered on 09 Oct 2021 with Roc Kanpur & aged 5 years 15 days as per MCA records.
Frequently asked questions
Ethical Apparel is an active private limited company based in Noida, Uttar Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 October 2021 (5+ years old) and is registered under CIN U18100UP2021PTC153641.
Ethical Apparel has 2 current directors:
- Raman Deep Singh - Director
- Avneet Kaur - Director
The latest financial statements of Ethical Apparel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Ethical Apparel is U18100UP2021PTC153641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethical Apparel was incorporated on 09 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Ethical Apparel by revenue are Sri Karthikeya Spinning and Weaving Mills Private Limited, Times Fibrefill Private Limited, Prince Handloom Private Limited, Zenith Silk Mills Private Limited, Sri Pavithra Cotton Mills Private Limited and 3 more, all in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products).
Avneet Kaur was appointed as Director on 09 Oct 2021. Raman Deep Singh was appointed as Director on 09 Oct 2021.
Yes, Ethical Apparel is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0047614).
The registered office of Ethical Apparel is at Plot No – 169 Block – D Phase – II, Extension Hosiery Complex, Noida, Uttar Pradesh, India – 201301.
Ethical Apparel operates in the manufacturing industry, in the textile and fabric production segment.
Ethical Apparel has open charges of ₹10 Cr and no satisfied charges on record as per latest MCA filings.