Ethical Rhythms Private Limited
About Ethical Rhythms Private Limited
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Ethical Rhythms Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 29 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32209KA2019PTC129129.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhay Rangan Varadarangan and Krishnaiyengar Varadarangan.
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 No.86 Temple Street Sadananda Nagar Ngef Layout Bangalore Nort Indiranagar, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.63 Lakh. For the same year it recorded a net profit of ₹2.25 Lakh (net margin 23.4%) and EBITDA of ₹2.89 Lakh (EBITDA margin 30%).
Company details
CIN history
Ethical Rhythms has one previous CIN (Corporate Identification Number): U74999KA2019PTC129129. The current CIN is U32209KA2019PTC129129, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32209KA2019PTC129129 | Current |
| U74999KA2019PTC129129 | Previous |
Contact details
Ethical Rhythms Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.86 Temple Street Sadananda Nagar Ngef Layout Bangalore Nort Indiranagar, Karnataka, India – 560038
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Ethical Rhythms 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
Business activity
The main business activity of Ethical Rhythms is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ethical Rhythms Private Limited, buy the company report.
Financials of Ethical Rhythms Private Limited
FY 2025 filings availableEthical Rhythms Private Limited reported revenue of ₹9.63 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.89 Lakh | ||||
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| Net Profit (PAT) | ₹2.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 30% | ||||
| Net Profit Margin | 23.4% | ||||
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To see the full financial statements and ratios of Ethical Rhythms Private Limited, buy the company report.
Board of directors of Ethical Rhythms Private Limited
Ethical Rhythms has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Rangan Varadarangan | Director | 29 Oct 2019 | 7 Years 0 Months | Current |
| Krishnaiyengar Varadarangan | Director | 10 Jun 2024 | 2 Years 5 Months | Current |
Auditor
Ethical Rhythms Private Limited is audited by S R & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R & ASSOCIATES | FY 2022 | 019327S |
Shareholding
The shareholding of Ethical Rhythms Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ethical Rhythms Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ethical Rhythms 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 Rhythms 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 Rhythms Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ethical Rhythms Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Krishnaiyengar Varadarangan ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Ethical Rhythms is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 29 October 2019 (7+ years old) and is registered under CIN U32209KA2019PTC129129.
Ethical Rhythms has 2 current directors:
- Abhay Rangan Varadarangan - Director
- Krishnaiyengar Varadarangan - Director
The latest financial statements of Ethical Rhythms 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Ethical Rhythms is U32209KA2019PTC129129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethical Rhythms was incorporated on 29 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Krishnaiyengar Varadarangan ceased to be Additional Director on 29 Sep 2025. Krishnaiyengar Varadarangan was appointed as Director on 10 Jun 2024. Sudharshanachar Veena ceased to be Director on 10 Jun 2024. Ethical Rhythms has 4 board changes on record in total.
The registered office of Ethical Rhythms is at No.86 Temple Street Sadananda Nagar Ngef Layout Bangalore Nort Indiranagar, Karnataka, India – 560038.
Ethical Rhythms operates in the transport and logistics industry, in the integrated and diversified logistics services segment.
Ethical Rhythms can be reached at its registered office: No.86 Temple Street Sadananda Nagar Ngef Layout Bangalore Nort Indiranagar, Karnataka, India – 560038.
Ethical Rhythms is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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