About Ethos Power Private Limited
Data last updated:
Ethos Power Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 09 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U40106HR2012PTC045059. Its GSTIN is 06AACCE9507D1ZW (Haryana). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Kushavjeet Mann and Sandeep Mann.
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 H.No.147 Sector – 17A Teh Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.03 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.61 Cr (net margin 7.6%) and EBITDA of ₹16.06 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 19% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ethos Power. As per MCA filings, the company has open charges of ₹131.06 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 4 filed against it; 4 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2016. Its 10 peer companies in the Power industry (EPC, BoP and BTG) are compared by revenue, 5 larger and 5 smaller; the largest is Teravon Green Energies Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethospower.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH.No.147 Sector – 17A Teh Gurgaon, Haryana, India – 122001
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- 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 Ethos Power Private Limited
The main business activity of Ethos Power 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 Ethos Power Private Limited FY 2025 filings available
Ethos Power Private Limited reported revenue of ₹100.03 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ethos Power Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 8% growth in the latest year. EBITDA rose 11% 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 of Ethos Power Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹100.03 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹16.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.61 Cr | •••• | •••• | •••• | •••• |
| 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 Ethos Power Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• | •••• | •••• |
| 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 Ethos Power are in the company report.
Financial statements from 2015
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 Ethos Power Private Limited
Ethos Power Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Teravon Green Energies Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Expel Prosys Private Limited | •••• | •••• | •••• | •••• | 434 | Vadodara, Gujarat, India |
| Neptune (India) Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| MD Transcon Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Signet Products Private Limited | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
| Nec Wire & Cables Private Limited | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| Enpossibilities Private Limited | •••• | •••• | •••• | •••• | 38 | Bangalore South, Karnataka, India |
| Mohan Energy Corporation Private Limited. | •••• | •••• | •••• | •••• | 39 | New Delhi, Delhi, India |
| Addwatt Power Solutions Limited | •••• | •••• | •••• | •••• | 61 | Jodhpur, Rajasthan, India |
| Gepdec Infratech Limited | •••• | •••• | •••• | •••• | 78 | New Delhi, Delhi, India |
| Ethos Power Private Limited this company | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Ethos Power by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ethos Power Private Limited
Ethos Power Private Limited is audited by SKRK & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SKRK & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ethos Power Private Limited
Ethos Power has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushavjeet Mann | Director | 09 Feb 2012 | 14 Years 7 Months | Current |
| Sandeep Mann | Director | 07 Apr 2015 | 11 Years 6 Months | Current |
| Maha Singh Mann Also directs: Swa-Raj Electricals Private Limited | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Ethos Power Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ethos Power Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2024 | Others | ₹32 Lakh | Open |
| 11 Dec 2024 | Others | ₹10 Lakh | Open |
| 20 Nov 2024 | Yes Bank Limited | ₹15 Cr | Open |
| 05 Mar 2024 | Hdfc Bank Limited | ₹10 Cr | Open |
| 10 Dec 2023 | Hdfc Bank Limited | ₹18 Cr | Open |
Total charge records: 11 View all charges
Deals & Funding of Ethos Power Private Limited
Ethos Power Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Rights issue | ₹1.5 Cr | Investors: 2 individuals |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Funding round | ₹99 Lakh | Investors: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ethos Power Private Limited
Ethos Power Private Limited has 6 court cases on record: 1 filed by Ethos Power, 4 filed against it, 1 where it is another party. 4 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 2 |
| District courts | 3 | 2 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Original application | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Revision petition | Filed against the company by an individual | Pending |
| District court, Kaithal, Haryana | Civil suit | Filed against the company by Isham Singhprop. of M/S Om Construction Companyn | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Om Construction Co | Pending |
| High Court of Punjab and Haryana | Writ petition | Company is another party | Disposed |
Full case history
All 6 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.
Associated Brands with Ethos Power Private Limited
Ethos Power operates one associated brand: Ethos Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributed solar and grid solutions in the energy sector. | ethospower.in |
Employees and EPFO Compliance at Ethos Power Private Limited
Ethos Power Private Limited has a workforce of 12 employees as of Sep 26, 2025.
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 Ethos Power Private Limited
Ethos Power Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Maha Singh Mann was appointed as Director on 01 Apr 2021.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ethos Power 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 Ethos Power 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 Ethos Power 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 Ethos Power Private Limited
Ethos Power has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCE9507D1ZW | Haryana | Active | 01 Jul 2017 |
| 07AACCE9507D1ZU | Delhi | Active | 01 Jul 2017 |
| 23AACCE9507D1Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AACCE9507D1ZS | Rajasthan | Active | 30 Nov 2020 |
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 Ethos Power 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 Ethos Power Private Limited
Ethos Power is an active private limited company based in Gurgaon, Haryana, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 09 February 2012 (14+ years old) and is registered under CIN U40106HR2012PTC045059.
Ethos Power reported revenue of ₹100.03 Cr for FY 2025 (up 8% YoY).
Ethos Power has 3 current directors:
- Kushavjeet Mann - Director
- Sandeep Mann - Director
- Maha Singh Mann - Director
Ethos Power reported a net profit of ₹7.61 Cr (net margin 7.6%) and EBITDA of ₹16.06 Cr (EBITDA margin 16.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ethos Power is 11% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ethos Power is 06AACCE9507D1ZW, registered in Haryana. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AACCE9507D1ZU (Delhi), 23AACCE9507D1Z0 (Madhya Pradesh), 08AACCE9507D1ZS (Rajasthan).
The CIN (Corporate Identification Number) of Ethos Power is U40106HR2012PTC045059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethos Power has 6 court cases on record: 1 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Ethos Power was incorporated on 09 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Haryana.
Ethos Power has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2016.
The peers of Ethos Power by revenue are Teravon Green Energies Limited, Expel Prosys Private Limited, Neptune (India) Limited, MD Transcon Private Limited, Signet Products Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).