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Etn Services Private Limited
Etn Services Private Limited - transport and logistics in Srinagar, Jammu And Kashmir, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹49.92 Cr
▲ 45% YoY
Net profit · FY 2024
₹2.82 Cr
Net margin 5.7%
EBITDA · FY 2024
₹9.14 Cr
EBITDA margin 18.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.37 Cr
Issued & subscribed
Open charges
₹12.03 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Etn Services Private Limited
Data last updated:
Etn Services Private Limited is a private limited company based in Srinagar, Jammu And Kashmir, India, recognised as a startup by DPIIT. It operates in the air cargo services and logistics segment of the transport and logistics sector. It was incorporated on 13 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U74999JK2018PTC010569. Its GSTIN is 01AAFCE1409F1ZE (Jammu and Kashmir). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.37 Cr. It is led by directors including Mudasir Ahmed Khuroo and Fozia Bhatt.
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 148 – A Umarabad Peerbagh, Srinagar, Jammu and Kashmir, India – 190014.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.92 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 5.7%) and EBITDA of ₹9.14 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 145% over three years and 192% over five years.
As per MCA filings, the company has open charges of ₹12.03 Cr on record. Court records list 53 cases involving the company, including 9 filed by the company and 44 filed against it; 11 cases are pending.
Etn Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-JK-21-0006668).
Company details
CIN U74999JK2018PTC010569
Registration Number 010569
Incorporation Date 13 August 2018
ROC Jammu
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-JK-21-0006668
Recognitions & Rankings of Etn Services
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-JK-21-0006668
Contact details
Etn Services Private Limited's registered office is in Srinagar, Jammu And Kashmir. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address148 – A Umarabad Peerbagh, Srinagar, Jammu and Kashmir, India – 190014
- IndustryTransport and Logistics, Air Cargo Services & Logistics
To see the full contact details of Etn Services Private Limited, buy the company report.
Comprehensive company report
Etn Services Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Etn Services is transport and storage. In detail, this covers land transport via road and postal & courier activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | |
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Etn Services Private Limited, buy the company report.
Financials of Etn Services Private Limited
FY 2024 filings availableEtn Services Private Limited reported revenue of ₹49.92 Cr (up 45% YoY) for FY 2024.
Revenue · FY 2024
₹49.92 Cr ▲ 45%
Net profit · FY 2024
₹2.82 Cr margin 5.7%
EBITDA · FY 2024
₹9.14 Cr margin 18.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 145%
5 years · compounded
▲ 192%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 294%
5 years · compounded
▲ 267%
Revenue has grown at a compounded annual rate (CAGR) of 192% over five years, including 45% growth in the latest year. EBITDA rose 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹9.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.82 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Etn Services Private Limited, buy the company report.
Board of directors of Etn Services Private Limited
Etn Services has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mudasir Ahmed Khuroo Also directs: Etn Mobility Private Limited | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Fozia Bhatt Also directs: Etns Trade Solutions Private Limited | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Rajesh Passi Also directs: Planet Egate Services LLP | Additional Director | 21 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Etn Services Private Limited is audited by Amir Jan & Asscoiates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amir Jan & Asscoiates | FY 2023 | 550422 |
Shareholding
The shareholding of Etn Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Etn Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.03 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2025 | 101089963 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 30 Apr 2025 | 101136702 | Axis Bank Limited | ₹1.26 Cr | Open | |
| 13 Mar 2025 | 101066739 | Axis Bank Limited | ₹49.75 Lakh | Open | |
| 06 Mar 2025 | 101062486 | Hdfc Bank Limited | ₹96 Lakh | Open | |
| 21 Feb 2025 | 101062386 | Axis Bank Limited | ₹49.75 Lakh | Open |
Total charge records: 25 View all charges
Legal cases
Etn Services Private Limited has 53 court cases on record: 9 filed by Etn Services, 44 filed against it. 11 cases are pending and 42 are disposed.
Total cases
53
Filed by the company
9
Filed against the company
44
Pending
11
Disposed
42
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 49 | 40 | 11 |
| NCLAT | 4 | 4 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Srinagar, Jammu and Kashmir | Court case (Original Suits (OS)) | Filed by the company against Ms Castrol India Limited Through Its Managing Director | Pending |
| District court, Srinagar, Jammu and Kashmir | Court case (Original Suits (OS)) | Filed by the company against M/S Castrol India Limited | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Kinnaur, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Pending |
| District court, Rampur, Uttar Pradesh | Criminal case | Filed against the company by State | Pending |
To see the full case history of Etn Services 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 Etn Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Etn Services Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
Active EPFO establishments
1
GST
Etn Services has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAFCE1409F1ZE | Jammu and Kashmir | Active | 12 Oct 2018 |
| 07AAFCE1409F1Z2 | Delhi | Active | 01 May 2021 |
| 06AAFCE1409F1Z4 | Haryana | Active | 20 Feb 2024 |
To see the full GST registrations and return filing status of Etn Services Private Limited, buy the company report.
Recent activity
Etn Services Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Rajesh Passi was appointed as Additional Director on 21 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101089963 was registered on 02 May 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.26 Cr with Charge ID 101136702 was registered on 30 Apr 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101066739 was registered on 13 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.96 Cr with Charge ID 101062486 was registered on 06 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101062386 was registered on 21 Feb 2025.
Appointed
Rajesh Passi was appointed as Additional Director.
AGM
Etn Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100939513 was registered on 03 Jun 2024.
Filing
Etn Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100884982 was registered on 10 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100746791 was registered on 11 May 2023.
Charges
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100702053 was registered on 27 Mar 2023.
19 earlier events are in the company report.
Frequently asked questions
Etn Services is an active private limited company based in Srinagar, Jammu And Kashmir, India. The company works in air cargo services and logistics, within the transport and logistics industry. It was incorporated on 13 August 2018 (8+ years old) and is registered under CIN U74999JK2018PTC010569.
Etn Services has 3 current directors:
- Mudasir Ahmed Khuroo - Director
- Fozia Bhatt - Director
- Rajesh Passi - Additional Director
The latest financial statements of Etn Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Etn Services is 01AAFCE1409F1ZE, registered in Jammu and Kashmir. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAFCE1409F1Z2 (Delhi), 06AAFCE1409F1Z4 (Haryana).
The CIN (Corporate Identification Number) of Etn Services is U74999JK2018PTC010569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Etn Services has 53 court cases on record: 9 filed by the company and 44 filed against it. 11 are pending. Most are in the district courts.
Etn Services was incorporated on 13 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jammu.
Rajesh Passi was appointed as Additional Director on 21 Nov 2024. Fozia Bhatt was appointed as Director on 13 Aug 2018. Mudasir Ahmed Khuroo was appointed as Director on 13 Aug 2018.
Yes, Etn Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Etn Services is registered as a small enterprise under Udyam registration (number: UDYAM-JK-21-0006668).