Ethical Fincon Private Limited
About Ethical Fincon Private Limited
Data last updated:
Ethical Fincon Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 11 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U65910HR2013PTC048304. Its GSTIN is 06AADCE4662L1ZG (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishal Goyal and Kumod Kumar.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No. 1294 First Floor Sector – 18, Faridabad, Haryana, India – 121002.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.62 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.48 Lakh (net margin 4.7%) and EBITDA of ₹3 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressHouse No. 1294 First Floor Sector – 18, Faridabad, Haryana, India – 121002
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
- 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 Ethical Fincon Private Limited
The main business activity of Ethical Fincon is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | 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 Ethical Fincon Private Limited FY 2025 filings available
Ethical Fincon Private Limited reported revenue of ₹31.62 Lakh (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ethical Fincon Private Limited
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 21% 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 Ethical Fincon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.48 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 of Ethical Fincon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 Ethical Fincon are in the company report.
Financial statements from 2015
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 Ethical Fincon Private Limited
Ethical Fincon Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Moondrop Agencies Pvt Ltd | ₹31.65 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| Aeldra Consultancy Private Limited | ₹31.65 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Ahmedabad, Gujarat, India |
| Mazars Tax Technologies Private Limited | ₹31.65 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Wealth 4 India Private Limited | ₹31.64 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Shankar Associates (OPC) Private Limited | ₹31.63 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Ethical Fincon Private Limited this company | ₹31.62 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Faridabad, Haryana, India |
| Figureout Consultants Private Limited | ₹31.4 Lakh (FY 2025) | •••• | •••• | 62.0% | •••• | Ernakulam, Kerala, India |
| Cochin Consulting Syndicate Private Limited | ₹31.38 Lakh (FY 2025) | •••• | •••• | 55.0% | •••• | Ernakulam, Kerala, India |
| Elitegurukul Limited | ₹31.3 Lakh (FY 2025) | •••• | •••• | 58.0% | •••• | Gadhinglaj, Maharashtra, India |
| Mangalvani Infrabuild Private Limited | ₹31.3 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | Kolkata, West Bengal, India |
| Ladios Construction Private Limited | ₹31.29 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ethical Fincon by revenue in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy), 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 Ethical Fincon Private Limited
Ethical Fincon Private Limited is audited by Sanjeev Meenu & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sanjeev Meenu & 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 Ethical Fincon Private Limited
Ethical Fincon has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Goyal Also directs: Rado Agro Oils Limited, Puffin Travels Private Limited, Umbra Infotech Private Limited and 2 more | Director | 11 Feb 2013 | 13 Years 7 Months | Current |
| Kumod Kumar Also directs: Puffin Travels Private Limited, Umbra Infotech Private Limited, Siyanka Innovation and Research Foundation and 1 more | Director | 01 Dec 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Ethical Fincon 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 Ethical Fincon Private Limited
Ethical Fincon Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ethical Fincon Private Limited
Ethical Fincon Private Limited has a workforce of 4 employees as of Apr 10, 2024.
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 Ethical Fincon Private Limited
Ethical Fincon Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Kumod Kumar ceased to be Additional Director on 28 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Ethical Fincon 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 Ethical Fincon 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 Ethical Fincon 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 Ethical Fincon Private Limited
Ethical Fincon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCE4662L1ZG | Haryana | Active | 25 Aug 2017 |
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 Ethical Fincon 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 Ethical Fincon Private Limited
Ethical Fincon is an active private limited company based in Faridabad, Haryana, India. The company works in advisory, within the financial services industry. It was incorporated on 11 February 2013 (13+ years old) and is registered under CIN U65910HR2013PTC048304.
Ethical Fincon reported revenue of ₹31.62 Lakh for FY 2025 (down 24% YoY).
Ethical Fincon has 2 current directors:
- Vishal Goyal - Director
- Kumod Kumar - Director
Ethical Fincon reported a net profit of ₹1.48 Lakh (net margin 4.7%) and EBITDA of ₹3 Lakh (EBITDA margin 9.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ethical Fincon is 4% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ethical Fincon is 06AADCE4662L1ZG, registered in Haryana.
The CIN (Corporate Identification Number) of Ethical Fincon is U65910HR2013PTC048304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethical Fincon was incorporated on 11 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Ethical Fincon by revenue are Moondrop Agencies Pvt Ltd, Aeldra Consultancy Private Limited, Mazars Tax Technologies Private Limited, Wealth 4 India Private Limited, Shankar Associates (OPC) Private Limited and 5 more, all in the same principal business activity (Accounting, book keeping and auditing activities, tax consultancy).
Kumod Kumar ceased to be Additional Director on 28 Dec 2020. Kumod Kumar was appointed as Director on 01 Dec 2018. Yash Kathuria ceased to be Additional Director on 01 Dec 2018. Ethical Fincon has 6 board changes on record in total.
The registered office of Ethical Fincon is at House No. 1294 First Floor Sector – 18, Faridabad, Haryana, India – 121002.