Ethiccoders Technologies Private Limited
About Ethiccoders Technologies Private Limited
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Ethiccoders Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 16 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2012PTC080977. Its GSTIN is 36AADCE0548B1Z5 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vandana Frenandes and Shibu Devasia.
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 Flat No 501 Ss Nest Apts Opp Apolo Pharamacy St No 8 Habsiguda, Hyderabad, Telangana, India – 500007.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.06 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹18,461 (net margin 1%) and EBITDA of ₹77,325 (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ethiccoders Technologies has one previous CIN (Corporate Identification Number): U72200AP2012PTC080977. The current CIN is U72200TG2012PTC080977, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2012PTC080977 | Current |
| U72200AP2012PTC080977 | Previous |
Contact details
Ethiccoders Technologies Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No 501 Ss Nest Apts Opp Apolo Pharamacy St No 8 Habsiguda, Hyderabad, Telangana, India – 500007
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Ethiccoders Technologies 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 Ethiccoders Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ethiccoders Technologies Private Limited, buy the company report.
Financials of Ethiccoders Technologies Private Limited
FY 2025 filings availableEthiccoders Technologies Private Limited reported revenue of ₹18.06 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 15% growth in the latest year. EBITDA rose 123% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹77,325 | ||||
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| Net Profit (PAT) | ₹18,461 | ||||
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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 | 4.3% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Ethiccoders Technologies Private Limited, buy the company report.
Board of directors of Ethiccoders Technologies Private Limited
Ethiccoders Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Frenandes | Director | 16 May 2012 | 14 Years 5 Months | Current |
| Shibu Devasia | Director | 16 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Ethiccoders Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raio Solutions Private Limited | ₹18.07 Lakh (FY 2025) | 169.0% | Ahmedabad, Gujarat, India | |||
| Edstead India Private Limited | ₹18.07 Lakh (FY 2019) | New Delhi, Delhi, India | ||||
| Wireout Technologies Private Limited | ₹18.06 Lakh (FY 2025) | 0.0% | Gautam Budh Nagar, Uttar Pradesh, India | |||
| Sate Process Equipment Pvt Ltd | ₹18.06 Lakh (FY 2025) | -53.0% | Mumbai, Maharashtra, India | |||
| Ethiccoders Technologies Private Limitedthis company | ₹18.06 Lakh (FY 2024) | ₹18,461 | 1% | 15.0% | Hyderabad, Telangana, India | |
| Apxcon Solution Private Limited | ₹18.05 Lakh (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Clambake Consulting (OPC) Private Limited | ₹18.05 Lakh (FY 2023) | 0.0% | Jaipur, Rajasthan, India | |||
| Sidebrain Private Limited | ₹18.04 Lakh (FY 2022) | Bangalore, Karnataka, India | ||||
| Cinfytech Web Systems Private Limited | ₹18.03 Lakh (FY 2025) | 49.0% | Bhopal, Madhya Pradesh, India | |||
| MNP Technologies Private Limited | ₹18.03 Lakh (FY 2025) | -6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ethiccoders Technologies Private Limited, buy the company report.
Auditor
Ethiccoders Technologies Private Limited is audited by S.N.M NANDURY&CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.N.M NANDURY&CO | FY 2016 | 006199S |
Shareholding
The shareholding of Ethiccoders Technologies Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ethiccoders Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ethiccoders Technologies 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 Ethiccoders Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ethiccoders Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCE0548B1Z5 | Telangana | Active | 12 Mar 2018 |
To see the full GST registrations and return filing status of Ethiccoders Technologies Private Limited, buy the company report.
Recent activity
Ethiccoders Technologies Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Shibu Devasia was appointed as Director on 16 May 2012.
Frequently asked questions
Ethiccoders Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in computer programming, within the information technology industry. It was incorporated on 16 May 2012 (14+ years old) and is registered under CIN U72200TG2012PTC080977.
Ethiccoders Technologies has 2 current directors:
- Vandana Frenandes - Director
- Shibu Devasia - Director
The latest financial statements of Ethiccoders Technologies 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 Ethiccoders Technologies is 36AADCE0548B1Z5, registered in Telangana.
The CIN (Corporate Identification Number) of Ethiccoders Technologies is U72200TG2012PTC080977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethiccoders Technologies was incorporated on 16 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ethiccoders Technologies by revenue are Raio Solutions Private Limited, Edstead India Private Limited, Wireout Technologies Private Limited, Sate Process Equipment Pvt Ltd, Apxcon Solution Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Shibu Devasia was appointed as Director on 16 May 2012. Vandana Frenandes was appointed as Director on 16 May 2012.
The registered office of Ethiccoders Technologies is at Flat No 501 Ss Nest Apts Opp Apolo Pharamacy St No 8 Habsiguda, Hyderabad, Telangana, India – 500007.
Ethiccoders Technologies operates in the information technology industry, in the computer programming segment.
The compliance status of Ethiccoders Technologies is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.