Ethos Hr Management And Projects Limited

Ethos Hr Management And Projects Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN U74140GJ2005PLC047299 Incorporated 16 December 2005 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹196 Cr
▲ 29.00% YoY
EBITDA · FY 2025
*****
▼ 26.00% YoY
Net profit · FY 2025
*****
▼ 32.00% YoY
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹19.55 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
4,218
Latest available

About Ethos Hr Management And Projects Limited

Data last updated: 24 April 2026

Ethos Hr Management And Projects Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in HR outsourcing and talent management, a part of the broader business process outsourcing sector. Incorporated on 16 December 2005, the company has been in operation for over 21 years.

Registered with ROC Ahmedabad under CIN U74140GJ2005PTC047299.

Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Sunilkumar Sukumaran Nair and Ashishkumar Amritbhai Patel.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 101 Ornate Arcade Opp. Auda Garden Nr. Simandhar Jain Temple Bodakdev, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2025, the company reported a revenue of ₹196 Cr, a growth of 29% compared to the previous year.

The company has a workforce of approximately 4,218 employees as per the latest available data.

The company is associated with 1 brand - Ethos Hr Management. As per MCA filings, the company has open charges of ₹19.55 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethosindia.com.

Company Details of Ethos Hr Management And Projects Limited
CIN U74140GJ2005PLC047299
Registration Number 047299
Incorporation Date 16 December 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Sunilkumar Sukumaran Nair Director Ashishkumar Amritbhai Patel Director Hardik Hareshbhai Shukla Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    101 Ornate Arcade Opp. Auda Garden Nr. Simandhar Jain Temple Bodakdev, Ahmedabad, Gujarat, India – 380015
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
Company report
Ethos Hr Management And Projects Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Ethos Hr Management And Projects Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Ethos Hr Management And Projects Limited

Ethos Hr Management And Projects Limited has one previous CIN (Corporate Identification Number): U74140GJ2005PTC047299. The current CIN is U74140GJ2005PLC047299, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U74140GJ2005PLC047299 Current
U74140GJ2005PTC047299 Previous

Associated Brands with Ethos Hr Management And Projects Limited

Ethos Hr Management And Projects Limited operates one associated brand: Ethos HR Management. These brands represent Ethos Hr Management And Projects Limited's diversified market presence and brand portfolio.

Brand Description Website
Ethos HR Management
Provider of recruitment, talent acquisition, employee background verification and HR consulting services ethosindia.com

Competitors & Alternatives of Ethos Hr Management And Projects Limited

Brands and companies operating in the same space as Ethos Hr Management And Projects Limited include Randstad, CIEL HR, Alera Group and 7 more.

Competitor Description Location Founded
Randstad Randstad HR consulting, recruitment, and outsourcing services are offered worldwide. Diemen, Netherlands, Netherlands 1960
CIEL HR CIEL HR HR management, recruitment, and staffing services are provided. Bengaluru, India, India 2015
Alera Group Alera Group HR, insurance, and liability services are provided by Alera Group. Deerfield, United States, United States 1995
UKG UKG Provider of HR and payroll & workforce management solutions Weston, United States, United States 1977
Wanted Wanted HR management services are provided by Wanted in South Korea. Seoul, South Korea, South Korea 2015
Bullhorn Bullhorn Cloud-based ATS and CRM systems are offered for staffing agencies. Boston, United States, United States 1999
Gi Group Gi Group End-to-end HR services are provided globally by Gi Group. Milan, Italy, Italy 1998
ADP ADP Cloud-based HR management solutions are offered for payroll and compliance. Roseland, United States, United States 1949
Insperity Insperity HR outsourcing services are provided to businesses by Insperity. Kingwood, United States, United States 1986
HR Path HR Path HR and payroll outsourcing plus consulting services are provided. Nanterre, France, France 2001

Business Activity of Ethos Hr Management And Projects Limited

Ethos Hr Management And Projects Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including management consultancy activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
M Professional, Scientific and Technical M3 Management consultancy activities *********

Board of Directors of Ethos Hr Management And Projects Limited

Ethos Hr Management And Projects Limited is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Sunilkumar Sukumaran Nair Director 05 May 2007 19 Years 2 Months Current
Ashishkumar Amritbhai Patel
Also directs: Euphoria Venture Llp, Euphoria Consulting Private Limited
Director 30 Nov 2024 1 Years 7 Months Current
Hardik Hareshbhai Shukla
Also directs: Euphoria Venture Llp, Ethos Insurance Brokers Private Limited
Director 16 Dec 2005 20 Years 6 Months Current
View all directors

Financials of Ethos Hr Management And Projects Limited FY 2025 filings available

Ethos Hr Management And Projects Limited reported revenue of ₹196 Cr (up 29% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹196 Cr ▲ 29%
Profit
***** ▼ -32%
EBITDA
***** ▼ -26%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Ethos Hr Management And Projects Limited

Open charges
₹19.55 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹19.55 Cr
Latest charge details
DateLenderAmountStatus
02 Dec 2024 Others ₹55 Lakh Open
26 Sep 2019 Others ₹19 Cr Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Ethos Hr Management And Projects Limited

View historical data on people associated with Ethos Hr Management And Projects Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Ethos Hr Management And Projects Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Ethos Hr Management And Projects Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Ethos Hr Management And Projects Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Ethos Hr Management And Projects Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Ethos Hr Management And Projects Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Ethos Hr Management And Projects Limited

MSME Payment Delays by Ethos Hr Management And Projects Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Ethos Hr Management And Projects Limited

Subsidiaries & Group Companies of Ethos Hr Management And Projects Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Ethos Hr Management And Projects Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Ethos Hr Management And Projects Limited

MCA Filings & Documents of Ethos Hr Management And Projects Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Ethos Hr Management And Projects Limited

Charges
29 Jan 2026
A charge with Others of Rs. 19.00 Cr registered on 26 Sep 2019 with Charge ID 100292139 was modified on 29 Jan 2026.
Activity
29 Sep 2025
Ethos Hr Management And Projects Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Ethos Hr Management And Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
02 Dec 2024
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 101048270 was registered on 02 Dec 2024.
Directors
30 Nov 2024
Ashishkumar Amritbhai Patel was appointed as a Director on 30 Nov 2024 & has been associated with this company since 1 year 7 months.
Charges
26 Sep 2019
A charge with Others amounted to Rs. 19.00 Cr with Charge ID 100292139 was registered on 26 Sep 2019.

Recent News on Ethos Hr Management And Projects Limited

Frequently Asked Questions about Ethos Hr Management And Projects Limited

Ethos Hr Management And Projects Limited is an active public limited company in the business outsourcing sector based in Ahmedabad, Gujarat, India. It was incorporated on 16 December 2005 (21+ years old) and is registered under CIN U74140GJ2005PLC047299. The company has 4,218 employees.

Ethos Hr Management And Projects Limited reported revenue of ₹196 Cr for FY 2025 (up 29.00% YoY).

The current directors of Ethos Hr Management And Projects Limited are:

The primary industry of Ethos Hr Management And Projects Limited is business outsourcing. The company specifically operates in HR outsourcing and talent management. The company is currently active in this sector.

Ethos Hr Management And Projects Limited can be reached at the registered office: 101 Ornate Arcade Opp. Auda Garden Nr. Simandhar Jain Temple Bodakdev, Ahmedabad, Gujarat, India – 380015, or through the website ethosindia.com.

The authorised capital is ₹25 Cr, and the paid-up capital is ₹1 Lakh.

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