Ethics Structures Private Limited
About Ethics Structures Private Limited
Data last updated:
Ethics Structures Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 24 May 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ2022PTC132269.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Himanshu Patel and Dhruv Bharatbhai Patel.
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 16 Shivanta Ind Park, Ahmedabad, Gujarat, India – 382435.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.84 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹10,494 (net margin 5.7%) and EBITDA of ₹10,494 (EBITDA margin 5.7%).
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered Address16 Shivanta Ind Park, Ahmedabad, Gujarat, India – 382435
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 Structures Private Limited
The main business activity of Ethics Structures is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Structures Private Limited FY 2025 filings available
Ethics Structures Private Limited reported revenue of ₹1.84 Lakh (down 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ethics Structures Private Limited
Revenue fell 73% in the latest year. EBITDA rose 458% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ethics Structures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹10,494 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹10,494 | •••• |
| 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 Structures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.7% | •••• |
| Net Profit Margin | 5.7% | •••• |
| 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 Structures are in the company report.
Financial statements from FY 2023
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 Ethics Structures Private Limited
Ethics Structures Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials, Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vmech Engineering Solutions Private Limited | ₹1.95 Lakh (FY 2024) | •••• | •••• | 201157.0% | •••• | Bangalore, Karnataka, India |
| CKPC Horizon Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | Bangalore, Karnataka, India |
| Esws Technologies Private Limited | ₹1.9 Lakh (FY 2019) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Supwinco Engineers and Contractors Private Limited. | ₹1.87 Lakh (FY 2018) | •••• | •••• | -92.0% | •••• | New Delhi, Delhi, India |
| Aeonian Earth Solutions Private Limited | ₹1.87 Lakh (FY 2018) | •••• | •••• | 319.0% | •••• | Mumbai, Maharashtra, India |
| Ethics Structures Private Limited this company | ₹1.84 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | Ahmedabad, Gujarat, India |
| Ekling Ji Industries Private Limited | ₹1.81 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | M.G.D. Market, Jaipur, Rajasthan, India |
| Rashmi Forgings India Private Limited | ₹1.8 Lakh (FY 2025) | •••• | •••• | 200.0% | •••• | Kolkata, West Bengal, India |
| DMC Enterprises Private Limited | ₹1.8 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Albaj Engineering Industries Private Limited | ₹1.8 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Hopes Manufacturing Co Pvt Ltd | ₹1.8 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ethics Structures by revenue in the Manufacturing industry (Construction Materials, Foundry and Fabrication), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Ethics Structures Private Limited
Ethics Structures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Patel Also directs: Velar Equipments Private Limited | Director | 24 May 2022 | 4 Years 4 Months | Current |
| Dhruv Bharatbhai Patel | Director | 24 May 2022 | 4 Years 4 Months | Current |
Charges & Borrowings of Ethics Structures Private Limited
Ethics Structures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ethics Structures Private Limited
Ethics Structures Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Ethics Structures Private Limited
Employment history and EPFO contributions of people linked to Ethics Structures.
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 Structures Private Limited
Ethics Structures Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Dhruv Bharatbhai Patel was appointed as Director on 24 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Ethics Structures 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 Structures 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 Structures 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 Structures 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 Structures 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 Structures Private Limited
Ethics Structures is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 24 May 2022 (4+ years old) and is registered under CIN U28999GJ2022PTC132269.
Ethics Structures reported revenue of ₹1.84 Lakh for FY 2024 (down 73% YoY).
Ethics Structures has 2 current directors:
- Himanshu Patel - Director
- Dhruv Bharatbhai Patel - Director
Ethics Structures reported a net profit of ₹10,494 (net margin 5.7%) and EBITDA of ₹10,494 (EBITDA margin 5.7%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Ethics Structures is U28999GJ2022PTC132269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethics Structures has 1 court case on record: 1 filed against it.
Ethics Structures was incorporated on 24 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ethics Structures by revenue are Vmech Engineering Solutions Private Limited, CKPC Horizon Private Limited, Esws Technologies Private Limited, Supwinco Engineers and Contractors Private Limited, Aeonian Earth Solutions Private Limited and 5 more, all in the Manufacturing industry (Construction Materials, Foundry and Fabrication).
Dhruv Bharatbhai Patel was appointed as Director on 24 May 2022. Himanshu Patel was appointed as Director on 24 May 2022.
The registered office of Ethics Structures is at 16 Shivanta Ind Park, Ahmedabad, Gujarat, India – 382435.
Ethics Structures has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.