Ethix Realtors Private Limited
About Ethix Realtors Private Limited
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Ethix Realtors Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70101PN2005PTC021125. Its GSTIN is 27AABCE5470A1Z1 (Maharashtra).
The company has an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Dharmesh Kishor Gathani (Whole-Time Director) and Deena Kishor Gathani.
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 Sanskriti Plot No.2 City Park S. No. 586 A/B/1 Bibwewadi, Pune, Maharashtra, India – 411037.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹6.79 Cr and EBITDA of ₹48.09 Lakh (EBITDA margin 46.3%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 20% over five years.
Its group structure includes 2 subsidiaries and 3 joint ventures.
As per MCA filings, the company has open charges of ₹12.3 Cr and satisfied charges of ₹190 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ethix Realtors Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSanskriti Plot No.2 City Park S. No. 586 A/B/1 Bibwewadi, Pune, Maharashtra, India – 411037
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ethix Realtors 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 Ethix Realtors is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Ethix Realtors Private Limited, buy the company report.
Financials of Ethix Realtors Private Limited
FY 2025 filings availableEthix Realtors Private Limited reported revenue of ₹1.04 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 28% growth in the latest year. EBITDA fell 3% 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 |
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| EBITDA | ₹48.09 Lakh | ||||
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| Net Profit (PAT) | ₹6.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 46.3% | ||||
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To see the full financial statements and ratios of Ethix Realtors Private Limited, buy the company report.
Board of directors of Ethix Realtors Private Limited
Ethix Realtors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Kishor Gathani Also directs: Ethix Natural Resources Private Limited, Fortune Land Developers Private Limited, Devi Shakti Realty LLP and 5 more | Whole-Time Director | 10 Aug 2005 | 21 Years 2 Months | Current |
| Deena Kishor Gathani | Director | 10 Aug 2005 | 21 Years 2 Months | Current |
| Kavita Kishor Gathani Also directs: Foundacres Infra LLP, Fenomena Furnitures Private Limited | Director | 01 Sep 2024 | 2 Years 2 Months | Current |
Auditor
Ethix Realtors Private Limited is audited by K.R.Manik & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.R.Manik & Co. | FY 2023 | 132212W |
Shareholding
The shareholding of Ethix Realtors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ethix Realtors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2013 | 10446601 | Bank of India | ₹11.8 Cr | Open | |
| 14 Oct 2008 | 10175544 | Janaseva Sahakari Bank Limited | ₹50 Lakh | Open | |
| 29 Aug 2018 | 100211320 | Others | ₹85 Cr | Satisfied | |
| 20 Jan 2014 | 10480513 | Bank of Maharashtra | ₹30 Cr | Satisfied | |
| 28 Sep 2013 | 10461329 | Bank of Maharastra | ₹60 Cr | Satisfied |
To see the full charge records of Ethix Realtors Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ethix Realtors Private Limited has 8 court cases on record: 5 filed by Ethix Realtors, 3 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Viva Infra Projects Pvt Ltd Through Its Director Mr Sagar Pravin Raut | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against The Rising Landscape Cooperative Housing Society Ltd Through Its Chairman Mr Ameo Ghosh and 13 others | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Ethix Realtors 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 Ethix Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ethix Realtors has 2 subsidiary companies, 3 joint ventures, and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ethix Natural Resources Private Limited | U40100PN2011PTC139273 | |
| Dorabjee Indiareit Properties Private Limited | U70200PN2007PTC129518 |
To see the full group structure of Ethix Realtors Private Limited, buy the company report.
GST
Ethix Realtors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE5470A1Z1 | Maharashtra | Active | 06 Sep 2018 |
To see the full GST registrations and return filing status of Ethix Realtors Private Limited, buy the company report.
Recent activity
Ethix Realtors Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Kavita Kishor Gathani ceased to be Additional Director on 09 Oct 2024.
8 earlier events are in the company report.
Frequently asked questions
Ethix Realtors is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 August 2005 (21+ years old) and is registered under CIN U70101PN2005PTC021125.
Ethix Realtors has 3 current directors:
- Dharmesh Kishor Gathani - Whole-Time Director
- Deena Kishor Gathani - Director
- Kavita Kishor Gathani - Director
The latest financial statements of Ethix Realtors 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 Ethix Realtors is 27AABCE5470A1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ethix Realtors is U70101PN2005PTC021125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethix Realtors has 8 court cases on record: 5 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Ethix Realtors was incorporated on 10 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Kavita Kishor Gathani ceased to be Additional Director on 09 Oct 2024. Kavita Kishor Gathani was appointed as Director on 01 Sep 2024. Milankumar Mehta ceased to be Director on 01 Oct 2009. Ethix Realtors has 5 board changes on record in total.
The registered office of Ethix Realtors is at Sanskriti Plot No.2 City Park S. No. 586 AB1 Bibwewadi, Pune, Maharashtra, India – 411037.
Ethix Realtors operates in the real estate and construction industry, in the real estate builders and developers segment.
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