About Ethos Wealth Private Limited
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Ethos Wealth Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67100KA2011PTC058843. Its GSTIN is 29AACCE7242D1ZS (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ethos Wealth Management Private Limited. It is led by directors Ujjavala Ballal and Dayananda Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No – 243 Sampasadana 1st Main 10th Cross Rajmahalvilas 2nd Stage, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.02 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹9.5 Lakh (net margin 67.8%) and EBITDA of ₹11.07 Lakh (EBITDA margin 78.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 26% over five years.
The company is associated with 1 brand: Ethos Wealth Management.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethos-wealth.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo – 243 Sampasadana 1st Main 10th Cross Rajmahalvilas 2nd Stage, Bangalore, Karnataka, India – 560094
- IndustryFinancial Services, Diversified Financial 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
Associated Brands with Ethos Wealth Private Limited
Ethos Wealth operates one associated brand: Ethos Wealth Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides investment and tax advisory services for comprehensive wealth management. | ethos-wealth.com |
Competitors & Alternatives of Ethos Wealth Private Limited
Brands and companies operating in the same space as Ethos Wealth Private Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Fidelity Investments | Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States | 1946 |
 UTI Mutual Fund | Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India | 2001 |
 Goldman Sachs | Investment banking services are delivered across multiple financial sectors. | New York, United States | 1869 |
 S&P Global | Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States | 1917 |
 Sundaram Finance | Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India | 1954 |
 Bank of America | Commercial banking and asset management services are offered worldwide. | Charlotte, United States | 1904 |
 State Street | Financial services are provided to asset managers worldwide. | Boston, United States | |
 FIS | Software suites for banks and financial institutions are provided. | Jacksonville, United States | 1968 |
 Avendus | Corporate advisory and investment services are provided to clients. | Mumbai, India | 1999 |
 360 One | Asset and wealth management software is provided for businesses. | Mumbai, India | 2008 |
Business Activity of Ethos Wealth Private Limited
The main business activity of Ethos Wealth is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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.
Auditor Details of Ethos Wealth Private Limited
Ethos Wealth Private Limited is audited by YCRJ & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| YCRJ & 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 Wealth Private Limited
Ethos Wealth has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ujjavala Ballal Also directs: Aveksha Hospitals Private Limited | Director | 31 Mar 2016 | 10 Years 6 Months | Current |
| Dayananda Shetty | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
Financials of Ethos Wealth Private Limited FY 2024 filings available
Ethos Wealth Private Limited reported revenue of ₹14.02 Lakh (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ethos Wealth Private Limited
Revenue rose 66% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. 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 Wealth Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.5 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ethos Wealth Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 67.8% | •••• | •••• | •••• | •••• |
| 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 Wealth 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.
Ownership and Shareholding of Ethos Wealth 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 Wealth Private Limited
Ethos Wealth Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ethos Wealth Private Limited
Employment history and EPFO contributions of people linked to Ethos Wealth.
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.
GST Compliance of Ethos Wealth Private Limited
Ethos Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE7242D1ZS | Karnataka | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Ethos Wealth 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 Wealth 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 Wealth 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.
MCA Filings & Documents of Ethos Wealth 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.
Recent Activity on Ethos Wealth Private Limited
Frequently Asked Questions about Ethos Wealth Private Limited
Ethos Wealth is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 May 2011 (15+ years old) and is registered under CIN U67100KA2011PTC058843.
Ethos Wealth reported revenue of ₹14.02 Lakh for FY 2024 (up 66% YoY).
Ethos Wealth has 2 current directors:
- Ujjavala Ballal - Director
- Dayananda Shetty - Director
Ethos Wealth reported a net profit of ₹9.5 Lakh (net margin 67.8%) and EBITDA of ₹11.07 Lakh (EBITDA margin 78.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ethos Wealth is -20% over three years and -26% over five years. In the latest year (FY 2024) revenue rose 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ethos Wealth is 29AACCE7242D1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Ethos Wealth is U67100KA2011PTC058843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethos Wealth was incorporated on 27 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Ethos Wealth can be reached through the website ethos-wealth.com. Its registered office is in Bangalore, Karnataka, India.