Ethics Retail Chain Services Private Limited
About Ethics Retail Chain Services Private Limited
Data last updated:
Ethics Retail Chain Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It was incorporated on 31 May 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U47190GJ2023PTC141694.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chiragbhai Trikambhai Lakhani and Bipinbhai Ishwarbhai Kevadiya.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.84 Cr (net margin -146.9%) and EBITDA of -₹1.74 Cr (EBITDA margin -139%).
Company details
Contact details
Ethics Retail Chain Services Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address1201 – 1202 12th Floor Colonnade Opp Brts Bus Stop, Sg Highway Ambali Bopal Road, Ahmedabad, Gujarat, India – 380054
- 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 Ethics Retail Chain Services is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ethics Retail Chain Services Private Limited, buy the company report.
Financials of Ethics Retail Chain Services Private Limited
FY 2025 filings availableEthics Retail Chain Services Private Limited reported revenue of ₹1.25 Cr (up 782600% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
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| EBITDA | -₹1.74 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.84 Cr | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -139% | |
| Net Profit Margin | -146.9% | |
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To see the full financial statements and ratios of Ethics Retail Chain Services Private Limited, buy the company report.
Board of directors of Ethics Retail Chain Services Private Limited
Ethics Retail Chain Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiragbhai Trikambhai Lakhani Also directs: Ethics Infotech LLP, Ethics Infinity Private Limited, Ethics Creation Private Limited and 5 more | Director | 31 May 2023 | 3 Years 5 Months | Current |
| Bipinbhai Ishwarbhai Kevadiya Also directs: Ethics Infotech LLP, Ethics Infinity Private Limited, Ethics Creation Private Limited and 5 more | Director | 31 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Ethics Retail Chain Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale and retail trade and repair of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RPSS EV India Private Limited | ₹1.26 Cr (FY 2025) | Howrah, West Bengal, India | ||||
| Vijeet Sales and Services P Ltd | ₹1.26 Cr (FY 2025) | -55.0% | Nagpur, Maharashtra, India | |||
| Shirdi Commotrade Private Limited | ₹1.25 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Adn Computers Pvt Ltd | ₹1.25 Cr (FY 2024) | -15.0% | New Delhi, Delhi, India | |||
| Cleverfox Equipments Private Limited | ₹1.25 Cr (FY 2023) | Noida, Uttar Pradesh, India | ||||
| Ethics Retail Chain Services Private Limitedthis company | ₹1.25 Cr (FY 2025) | -₹1.84 Cr | -146.9% | 782600.0% | Ahmedabad, Gujarat, India | |
| Vijay Agrotech Services Private Limited | ₹1.25 Cr (FY 2025) | -12.0% | Nashik, Maharashtra, India | |||
| Choice Tea India Private Limited | ₹1.25 Cr (FY 2025) | 277.0% | Nimbi, Haryana, India | |||
| Ninefinite Supplies Private Limited | ₹1.25 Cr (FY 2025) | 30336.0% | Nagpur, Maharashtra, India | |||
| Pet Educational Industries Private Limited | ₹1.25 Cr (FY 2025) | 0.0% | Delhi, India | |||
| Hukshan Metals Private Limited | ₹1.25 Cr (FY 2024) | -67.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ethics Retail Chain Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ethics Retail Chain Services 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 Ethics Retail Chain Services 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 Ethics Retail Chain Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ethics Retail Chain Services Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Bipinbhai Ishwarbhai Kevadiya was appointed as Director on 31 May 2023.
Frequently asked questions
Ethics Retail Chain Services is an active private limited company based in Ahmedabad, Gujarat, India. It was incorporated on 31 May 2023 (3+ years old) and is registered under CIN U47190GJ2023PTC141694.
Ethics Retail Chain Services has 2 current directors:
- Chiragbhai Trikambhai Lakhani - Director
- Bipinbhai Ishwarbhai Kevadiya - Director
The latest financial statements of Ethics Retail Chain Services 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 2024 are in the company report.
The CIN (Corporate Identification Number) of Ethics Retail Chain Services is U47190GJ2023PTC141694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethics Retail Chain Services was incorporated on 31 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ethics Retail Chain Services by revenue are RPSS EV India Private Limited, Vijeet Sales and Services P Ltd, Shirdi Commotrade Private Limited, Adn Computers Pvt Ltd, Cleverfox Equipments Private Limited and 5 more, all in the same principal business activity (wholesale and retail trade and repair of motor vehicles and motorcycles).
Bipinbhai Ishwarbhai Kevadiya was appointed as Director on 31 May 2023. Chiragbhai Trikambhai Lakhani was appointed as Director on 31 May 2023.
The registered office of Ethics Retail Chain Services is at 1201 – 1202 12th Floor Colonnade Opp Brts Bus Stop, Sg Highway Ambali Bopal Road, Ahmedabad, Gujarat, India – 380054.
Ethics Retail Chain Services can be reached at its registered office: 1201 – 1202 12th Floor Colonnade Opp Brts Bus Stop, Sg Highway Ambali Bopal Road, Ahmedabad, Gujarat, India – 380054.
Ethics Retail Chain Services is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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