Ethos Workspace Private Limited
About Ethos Workspace Private Limited
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Ethos Workspace Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 24 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2015PTC157002. Its GSTIN is 27AAECE0878P1Z1 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devendra Devdutta Angal and Shraddha Devendra Angal.
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 1st Floor 103 Pride Office Shivajinagar, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.26 Lakh, a growth of 69% compared to the previous year. For the same year it recorded a net loss of ₹4.62 Lakh (net margin -63.5%) and EBITDA of ₹53,857 (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1st Floor 103 Pride Office Shivajinagar, Pune, Maharashtra, India – 411016
- IndustryReal Estate, Real Estate Leasing
- 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 Workspace Private Limited
The main business activity of Ethos Workspace is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Workspace Private Limited FY 2025 filings available
Ethos Workspace Private Limited reported revenue of ₹7.26 Lakh (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ethos Workspace Private Limited
Revenue rose 69% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 148% 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 Workspace 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹53,857 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.62 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 of Ethos Workspace Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -63.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Workspace are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Ethos Workspace Private Limited
Ethos Workspace has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendra Devdutta Angal | Director | 24 Oct 2015 | 10 Years 11 Months | Current |
| Shraddha Devendra Angal | Director | 24 Oct 2015 | 10 Years 11 Months | Current |
Peer Comparison of Ethos Workspace Private Limited
Ethos Workspace Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Real estate activities with own or leased property). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| WTC Chandigarh Development Company Private Limited | ₹7.28 Lakh (FY 2018) | •••• | •••• | 1076.0% | •••• | New Delhi, Delhi, India |
| Vidhya Consultants Private Limited | ₹7.28 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Delhi, India |
| Foothold Assets Private Limited | ₹7.27 Lakh (FY 2025) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Dudheshwar Buildtech Private Limited | ₹7.27 Lakh (FY 2018) | •••• | •••• | -28.0% | •••• | Delhi, India |
| D P Prabhakar E Source Private Limited | ₹7.27 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Ludhiana, Punjab, India |
| Ethos Workspace Private Limited this company | ₹7.26 Lakh (FY 2024) | •••• | •••• | 69.0% | •••• | Pune, Maharashtra, India |
| Yogeshwar Enterprise Private Limited | ₹7.26 Lakh (FY 2021) | •••• | •••• | -18.0% | •••• | Tal Gandhidham, Gujarat, India |
| Regal Niwas Private Limited | ₹7.26 Lakh (FY 2021) | •••• | •••• | 553.0% | •••• | Kolkata, West Bengal, India |
| Oasis Residency Private Limited | ₹7.26 Lakh (FY 2019) | •••• | •••• | -67.0% | •••• | New Delhi, Delhi, India |
| Shivkhori Developers Private Limited | ₹7.26 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Siliguri, West Bengal, India |
| Villayati Ram Mittal Pvt Ltd | ₹7.25 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ethos Workspace by revenue in the same principal business activity (Real estate activities with own or leased property), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ethos Workspace Private Limited
Ethos Workspace Private Limited is audited by R.A.Gadgil & Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.A.Gadgil & Co | 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.
Ownership and Shareholding of Ethos Workspace 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 Workspace Private Limited
Ethos Workspace Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ethos Workspace Private Limited
Employment history and EPFO contributions of people linked to Ethos Workspace.
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 Workspace Private Limited
Ethos Workspace Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Devendra Devdutta Angal was appointed as Director on 24 Oct 2015.
Credit Ratings, Litigation & Regulatory Alerts for Ethos Workspace 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 Workspace 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 Workspace 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 Workspace Private Limited
Ethos Workspace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE0878P1Z1 | Maharashtra | 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.
MCA Filings & Documents of Ethos Workspace 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 Workspace Private Limited
Ethos Workspace is an active private limited company based in Pune, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 24 October 2015 (11+ years old) and is registered under CIN U74999PN2015PTC157002.
Ethos Workspace reported revenue of ₹7.26 Lakh for FY 2024 (up 69% YoY).
Ethos Workspace has 2 current directors:
- Devendra Devdutta Angal - Director
- Shraddha Devendra Angal - Director
Ethos Workspace reported a net loss of ₹4.62 Lakh (net margin -63.5%) and EBITDA of ₹53,857 (EBITDA margin 7.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ethos Workspace is -52% over three years and -24% over five years. In the latest year (FY 2024) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ethos Workspace is 27AAECE0878P1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ethos Workspace is U74999PN2015PTC157002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethos Workspace was incorporated on 24 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ethos Workspace by revenue are WTC Chandigarh Development Company Private Limited, Vidhya Consultants Private Limited, Foothold Assets Private Limited, Dudheshwar Buildtech Private Limited, D P Prabhakar E Source Private Limited and 5 more, all in the same principal business activity (Real estate activities with own or leased property).
Devendra Devdutta Angal was appointed as Director on 24 Oct 2015. Shraddha Devendra Angal was appointed as Director on 24 Oct 2015.
The registered office of Ethos Workspace is at 1st Floor 103 Pride Office Shivajinagar, Pune, Maharashtra, India – 411016.