MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0079461
Ethiqual Global Private Limited - business services in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹51.42 Cr
▲ 32% YoY
Net profit · FY 2025
₹76.63 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹2.14 Cr
EBITDA margin 4.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15.56 Cr
Satisfied ₹31.4 Lakh
Company age
10 yrs
Est. 2016
Employees · EPFO
869
Provident fund records
About Ethiqual Global Private Limited
Data last updated:
Ethiqual Global Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the business support services segment of the business services sector. It was incorporated on 01 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74110PN2016PTC165790. Its GSTIN is 27AAECE3750G1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vivek Vijaykumar Aghav and Pooja Balasaheb Kendre.
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 Sr. No. 53/7 Nr. Lohia Jain Square, Bavdhan Kh Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.42 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹76.63 Lakh (net margin 1.5%) and EBITDA of ₹2.14 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 70% over five years.
The company has about 869 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.56 Cr and satisfied charges of ₹31.4 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Ethiqual Global Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0079461). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethiqual.in.
Company details
CIN U74110PN2016PTC165790
Registration Number 165790
Incorporation Date 01 August 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0079461
CIN history
Ethiqual Global has one previous CIN (Corporate Identification Number): U74999PN2016PTC165790. The current CIN is U74110PN2016PTC165790, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110PN2016PTC165790 | Current |
| U74999PN2016PTC165790 | Previous |
Recognitions & Rankings of Ethiqual Global
Contact details
Ethiqual Global Private Limited's registered office is in Pune, Maharashtra. Its website is ethiqual.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSr. No. 53/7 Nr. Lohia Jain Square, Bavdhan Kh Pune, Maharashtra, India – 411021
- IndustryBusiness Services, Business Support Services
To see the full contact details of Ethiqual Global Private Limited, buy the company report.
Comprehensive company report
Ethiqual Global Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Ethiqual Global are accommodation and food service and personal and household service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and other personal service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Ethiqual Global Private Limited, buy the company report.
Financials of Ethiqual Global Private Limited
FY 2025 filings availableEthiqual Global Private Limited reported revenue of ₹51.42 Cr (up 32% YoY) for FY 2025.
Revenue · FY 2025
₹51.42 Cr ▲ 32%
Net profit · FY 2025
₹76.63 Lakh margin 1.5%
EBITDA · FY 2025
₹2.14 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 63%
5 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 15%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 32% growth in the latest year. EBITDA fell 51% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.63 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ethiqual Global Private Limited, buy the company report.
Board of directors of Ethiqual Global Private Limited
Ethiqual Global has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Vijaykumar Aghav | Director | 06 Dec 2019 | 6 Years 10 Months | Current |
| Pooja Balasaheb Kendre Also directs: Wpu Rise Digital Learning Private Limited | Director | 23 May 2023 | 3 Years 5 Months | Current |
Auditor
Ethiqual Global Private Limited is audited by MUNDHE SHAHA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUNDHE SHAHA & CO. | FY 2023 | 133552W |
Shareholding
The shareholding of Ethiqual Global Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ethiqual Global Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.56 Cr
Satisfied charges
₹31.4 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2025 | 101070523 | Bank of India | ₹10.7 Cr | Open | |
| 27 Feb 2025 | 101069702 | Bank of India | ₹2.5 Cr | Open | |
| 20 Mar 2023 | 100723464 | Hdfc Bank Limited | ₹94.45 Lakh | Open | |
| 27 Dec 2022 | 100673697 | Hdfc Bank Limited | ₹1.3 Cr | Open | |
| 23 Dec 2021 | 100526721 | Hdfc Bank Limited | ₹7.07 Lakh | Open |
To see the full charge records of Ethiqual Global Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ethiqual Global Private Limited has 2 court cases on record: 1 filed by Ethiqual Global, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Ikfm Management Services Private Limited and 1 other | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
To see the full case history of Ethiqual Global Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ethiqual Global Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ethiqual Global Private Limited has a workforce of 869 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
869
Active EPFO establishments
1
Employee growth
53.81%
GST
Ethiqual Global has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE3750G1ZR | Maharashtra | Active | 26 Dec 2018 |
To see the full GST registrations and return filing status of Ethiqual Global Private Limited, buy the company report.
Recent activity
Ethiqual Global Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Pooja Balasaheb Kendre ceased to be Additional Director on 29 Sep 2023.
AGM
Ethiqual Global Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ethiqual Global Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Bank Of India amounted to Rs. 1,070.00 Lakh with Charge ID 101070523 was registered on 27 Feb 2025.
Charges
A charge with Bank Of India amounted to Rs. 250.00 Lakh with Charge ID 101069702 was registered on 27 Feb 2025.
Charges
A charge registered on 01 Jan 2020 via Charge ID 100316227 with Bank Of India was fully satisfied on 31 Dec 2024.
Ceased
Pooja Balasaheb Kendre ceased to be Additional Director.
Appointed
Pooja Balasaheb Kendre was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 94.45 Lakh with Charge ID 100723464 was registered on 20 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 129.95 Lakh with Charge ID 100673697 was registered on 27 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.07 Lakh with Charge ID 100526721 was registered on 23 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.12 Lakh with Charge ID 100526512 was registered on 23 Dec 2021.
Ceased
Vivek Vijaykumar Aghav ceased to be Additional Director.
6 earlier events are in the company report.
Frequently asked questions
Ethiqual Global is an active private limited company based in Pune, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 01 August 2016 (10+ years old) and is registered under CIN U74110PN2016PTC165790.
Ethiqual Global has 2 current directors:
- Vivek Vijaykumar Aghav - Director
- Pooja Balasaheb Kendre - Director
The latest financial statements of Ethiqual Global 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 2017 are in the company report.
The GSTIN of Ethiqual Global is 27AAECE3750G1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ethiqual Global is U74110PN2016PTC165790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethiqual Global has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Ethiqual Global was incorporated on 01 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Pooja Balasaheb Kendre ceased to be Additional Director on 29 Sep 2023. Pooja Balasaheb Kendre was appointed as Director on 23 May 2023. Vivek Vijaykumar Aghav ceased to be Additional Director on 31 Dec 2020. Ethiqual Global has 7 board changes on record in total.
Yes, Ethiqual Global is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0079461).
Ethiqual Global can be reached through the website ethiqual.in. Its registered office is in Pune, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages