Ethics Electricals Private Limited
About Ethics Electricals Private Limited
Data last updated:
Ethics Electricals Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the manufacturing segment of the steel sector. It was incorporated on 08 January 2024.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27104GJ2024PTC147548.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nilesh Devchandbhai Khandhedia and Kishan Nileshbhai Khandhediya.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.75 Lakh. For the same year it recorded a net loss of ₹1.47 Lakh (net margin -10.7%) and EBITDA of -₹1.4 Lakh (EBITDA margin -10.2%).
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- Registered AddressMehta Buildg. F.F.No 101, 1 – Kotak Street, Rajkot, Gujarat, India – 360001
- IndustrySteel, Manufacturing, Iron & Steel
- 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 Ethics Electricals Private Limited
The main business activity of Ethics Electricals is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | 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 Ethics Electricals Private Limited FY 2025 filings available
Ethics Electricals Private Limited reported revenue of ₹13.75 Lakh for FY 2025.
Financial Statement Summary of Ethics Electricals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹1.4 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹1.47 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 Ethics Electricals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -10.2% | •••• |
| Net Profit Margin | -10.7% | •••• |
| 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 Ethics Electricals are in the company report.
Financial statements from FY 2024
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.
Board of Directors of Ethics Electricals Private Limited
Ethics Electricals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Devchandbhai Khandhedia | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
| Kishan Nileshbhai Khandhediya | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
Peer Comparison of Ethics Electricals Private Limited
Ethics Electricals Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Manufacture of electrical equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhyan Deep International Private Limited | ₹14.63 Lakh (FY 2025) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Jasper Engineers Pvt Ltd | ₹14.2 Lakh (FY 2024) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Seethalakshmi Technology Private Limited | ₹14.09 Lakh (FY 2025) | •••• | •••• | 3823.0% | •••• | Coimbatore, Tamil Nadu, India |
| Zipcount Electronic Private Limited | ₹14.02 Lakh (FY 2025) | •••• | •••• | 96.0% | •••• | New Delhi, Delhi, India |
| Magnus Amusement Machines Private Limited | ₹13.82 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ethics Electricals Private Limited this company | ₹13.75 Lakh (FY 2025) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Greenspeed EV Private Limited | ₹13.58 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Noida, Uttar Pradesh, India |
| Cognivolt Private Limited | ₹12.91 Lakh (FY 2025) | •••• | •••• | •••• | Maicha, Uttar Pradesh, India | |
| Suday Technologies Private Limited | ₹12.9 Lakh (FY 2025) | •••• | •••• | 126.0% | •••• | Pune, Maharashtra, India |
| Metalfit India Private Limited | ₹12.86 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Coimbatore Joint Business Machines India Private Limited | ₹12.71 Lakh (FY 2024) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ethics Electricals by revenue in the same principal business activity (Manufacture of electrical equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Ethics Electricals Private Limited
Ethics Electricals Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ethics Electricals Private Limited
Employment history and EPFO contributions of people linked to Ethics Electricals.
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 Ethics Electricals Private Limited
Ethics Electricals Private Limited has 2 board changes on record since 2024: 2 appointments. The latest: Kishan Nileshbhai Khandhediya was appointed as Director on 08 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ethics Electricals 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 Ethics Electricals 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 Ethics Electricals 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 Ethics Electricals Private Limited
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 Ethics Electricals 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 Ethics Electricals Private Limited
Ethics Electricals is an active private limited company based in Rajkot, Gujarat, India. The company works in manufacturing, within the steel industry. It was incorporated on 08 January 2024 (2+ years old) and is registered under CIN U27104GJ2024PTC147548.
Ethics Electricals reported revenue of ₹13.75 Lakh for FY 2025.
Ethics Electricals has 2 current directors:
- Nilesh Devchandbhai Khandhedia - Director
- Kishan Nileshbhai Khandhediya - Director
Ethics Electricals reported a net loss of ₹1.47 Lakh (net margin -10.7%) and EBITDA of -₹1.4 Lakh (EBITDA margin -10.2%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Ethics Electricals is U27104GJ2024PTC147548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethics Electricals was incorporated on 08 January 2024, making it 2+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ethics Electricals by revenue are Dhyan Deep International Private Limited, Jasper Engineers Pvt Ltd, Seethalakshmi Technology Private Limited, Zipcount Electronic Private Limited, Magnus Amusement Machines Private Limited and 5 more, all in the same principal business activity (Manufacture of electrical equipment).
Kishan Nileshbhai Khandhediya was appointed as Director on 08 Jan 2024. Nilesh Devchandbhai Khandhedia was appointed as Director on 08 Jan 2024.
The registered office of Ethics Electricals is at Mehta Buildg. F.F.No 101, 1 – Kotak Street, Rajkot, Gujarat, India – 360001.
Ethics Electricals has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Ethics Electricals operates in the steel industry, in the manufacturing segment.