Ethical Circle Advisory Services Private Limited

Ethical Circle Advisory Services Private Limited - education in Sonipat, Haryana, India. FY 2026 financials & compliance.
CIN U74140HR2014PTC052786 Incorporated 21 July 2014 ROC Delhi HQ Sonipat, Haryana, India
Active Private Limited Company education MSME · Micro
Data last updated
Revenue · FY 2025
₹1.06 Cr
▼ 51% YoY
Net loss · FY 2025
₹13.13 Lakh
Net margin -12.4%
EBITDA · FY 2025
₹10.97 Lakh
EBITDA margin 10.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹41.5 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings

About Ethical Circle Advisory Services Private Limited

Data last updated:

Ethical Circle Advisory Services Private Limited is a private limited company based in Sonipat, Haryana, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 21 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140HR2014PTC052786. Its GSTIN is 07AADCE7241D2ZX (Delhi). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Savita Grover and Kshitij Kamal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 51/46 – GF Tdi City, Sonipat, Haryana, India – 131023.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.06 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹13.13 Lakh (net margin -12.4%) and EBITDA of ₹10.97 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 19% over five years.

As per MCA filings, the company has open charges of ₹41.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Ethical Circle Advisory Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0018364). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74140HR2014PTC052786
Registration Number 052786
Incorporation Date 21 July 2014
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-04-0018364
Key People
Savita Grover Director Kshitij Kamal Director Nikunj Kamal Director

Recognitions & Rankings of Ethical Circle Advisory Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-DL-04-0018364

Contact details

Ethical Circle Advisory Services Private Limited's registered office is in Sonipat, Haryana. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 51/46 – GF Tdi City, Sonipat, Haryana, India – 131023
  • Industry
    Education, Corporate Training & Development

To see the full contact details of Ethical Circle Advisory Services Private Limited, buy the company report.

Comprehensive company report
Ethical Circle Advisory Services 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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Business activity

The main business activity of Ethical Circle Advisory Services is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM2Accounting, book keeping and auditing activities, tax consultancy

To see the full business activity and turnover split of Ethical Circle Advisory Services Private Limited, buy the company report.

Financials of Ethical Circle Advisory Services Private Limited

FY 2024 filings available

Ethical Circle Advisory Services Private Limited reported revenue of ₹1.06 Cr (down 51% YoY) for FY 2025.

Revenue · FY 2025
₹1.06 Cr ▼ 51%
Net loss · FY 2025
₹13.13 Lakh margin -12.4%
EBITDA · FY 2025
₹10.97 Lakh margin 10.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 2%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 8%
5 years · compounded
▲ 43%

Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 55% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹10.97 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.13 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.3%
Net Profit Margin-12.4%
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 Ethical Circle Advisory Services Private Limited, buy the company report.

Board of directors of Ethical Circle Advisory Services Private Limited

Ethical Circle Advisory Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Savita Grover
Also directs: Justfaith Sales Private Limited
Director24 Apr 20197 Years 6 MonthsCurrent
Kshitij Kamal
Also directs: Ethical Sports Promotion Association
Director05 Nov 20169 Years 11 MonthsCurrent
Nikunj Kamal
Also directs: Ethical Sports Promotion Association
Director05 Nov 20169 Years 11 MonthsCurrent
View all directors

Auditor

Ethical Circle Advisory Services Private Limited is audited by SHIVAM RAJENDRA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHIVAM RAJENDRA & COFY 2023554676

Shareholding

The shareholding of Ethical Circle Advisory Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ethical Circle Advisory Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹41.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Idbi Bank Limited₹0.42 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Mar 2025101083270Idbi Bank Limited₹19 LakhOpen
29 Sep 2023100799451Idbi Bank Limited₹13 LakhOpen
30 Jun 2023100747690Idbi Bank Limited₹9.5 LakhOpen

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ethical Circle Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ethical Circle Advisory Services has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
07AADCE7241D2ZXDelhiActive11 Dec 2021

To see the full GST registrations and return filing status of Ethical Circle Advisory Services Private Limited, buy the company report.

Recent activity

Ethical Circle Advisory Services Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Savita Grover was appointed as Director on 24 Apr 2019.

Charges
A charge with Idbi Bank Limited amounted to Rs. 19.00 Lakh with Charge ID 101083270 was registered on 29 Mar 2025.
AGM
Ethical Circle Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ethical Circle Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Idbi Bank Limited amounted to Rs. 13.00 Lakh with Charge ID 100799451 was registered on 29 Sep 2023.
Charges
A charge with Idbi Bank Limited amounted to Rs. 9.50 Lakh with Charge ID 100747690 was registered on 30 Jun 2023.
Appointed
Savita Grover was appointed as Director.
Ceased
Kshitij Kamal ceased to be Additional Director.
Ceased
Nikunj Kamal ceased to be Additional Director.
Ceased
Avtar Singh Rana ceased to be Director.
Ceased
Urmila Rana ceased to be Director.
Appointed
Kshitij Kamal was appointed as Director.
Appointed
Nikunj Kamal was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Ethical Circle Advisory Services is an active private limited company based in Sonipat, Haryana, India. The company works in corporate training and development, within the education industry. It was incorporated on 21 July 2014 (12+ years old) and is registered under CIN U74140HR2014PTC052786.

Ethical Circle Advisory Services has 3 current directors:

The latest financial statements of Ethical Circle Advisory Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Ethical Circle Advisory Services is 07AADCE7241D2ZX, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Ethical Circle Advisory Services is U74140HR2014PTC052786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ethical Circle Advisory Services has 1 court case on record: 1 filed against it. 1 is pending.

Ethical Circle Advisory Services was incorporated on 21 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.

Savita Grover was appointed as Director on 24 Apr 2019. Kshitij Kamal ceased to be Additional Director on 30 Sep 2017. Nikunj Kamal ceased to be Additional Director on 30 Sep 2017. Ethical Circle Advisory Services has 7 board changes on record in total.

Yes, Ethical Circle Advisory Services is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-04-0018364).

The registered office of Ethical Circle Advisory Services is at A – 5146 – GF Tdi City, Sonipat, Haryana, India – 131023.