Green Ethics Private Limited
About Green Ethics Private Limited
Data last updated:
Green Ethics Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 20 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U90009TN2017PTC117683. Its GSTIN is 33AAGCG9293C1ZK (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sriraman Krishnamurthy and Krishnamoorthy Thiagarajan.
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.78/10 Old State Bank Colony Kishkintha Road West Tambaram, Chennai, Tamil Nadu, India – 600045.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.38 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹10.09 Lakh (net margin 1.1%) and EBITDA of ₹24.71 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years and 66% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹48 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.78/10 Old State Bank Colony Kishkintha Road West Tambaram, Chennai, Tamil Nadu, India – 600045
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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 Green Ethics Private Limited
The main business activities of Green Ethics are trade and water supply, sewerage and waste management. In detail, this covers wholesale trading and waste collection, treatment and disposal activities, materials recovery and other waste management services. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | 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 Green Ethics Private Limited FY 2024 filings available
Green Ethics Private Limited reported revenue of ₹9.38 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Green Ethics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 31% growth in the latest year. EBITDA rose 62% 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 Green Ethics 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.09 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 Green Ethics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 Green Ethics are in the company report.
Financial statements from FY 2018
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 Green Ethics Private Limited
Green Ethics Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prince Metal Industries Private Limited | ₹9.54 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Chhatarpur, Madhya Pradesh, India |
| Pondicherry Solid Waste Management Company Private Limited | ₹9.48 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Puducherry, India |
| J.M.Smith International India Private Limited | ₹9.47 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Ecolates India Private Limited | ₹9.42 Cr (FY 2025) | •••• | •••• | 523.0% | •••• | Navsari, Gujarat, India |
| Solwearth Ecotech Private Limited | ₹9.41 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Ernakulam, Kerala, India |
| Green Ethics Private Limited this company | ₹9.38 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Green IT Recycling Centre Private Limited | ₹9.35 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Pune, Maharashtra, India |
| Sampurn(E)Arth Environment Solutions Private Limited | ₹9.34 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Thane, Maharashtra, India |
| Renewable Envirogic Private Limited | ₹9.29 Cr (FY 2024) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Egnus Ewaste Solutions Private Limited | ₹9.16 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Surat, Gujarat, India |
| SNG Envirosolutions Private Limited | ₹9.13 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Borjora, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Green Ethics by revenue in the Cleantech industry (Recycling and Waste Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Green Ethics Private Limited
Green Ethics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriraman Krishnamurthy | Director | 20 Jul 2017 | 9 Years 2 Months | Current |
| Krishnamoorthy Thiagarajan | Director | 20 Jul 2017 | 9 Years 2 Months | Current |
Charges & Borrowings of Green Ethics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2023 | Others | ₹35 Lakh | Open |
| 06 Nov 2021 | Canara Bank | ₹1 Lakh | Open |
| 30 Jul 2020 | Canara Bank | ₹2 Lakh | Open |
| 14 Feb 2020 | Syndicate Bank | ₹10 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Green Ethics Private Limited
Employment history and EPFO contributions of people linked to Green Ethics.
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 Green Ethics Private Limited
Green Ethics Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Krishnamoorthy Thiagarajan was appointed as Director on 20 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Green Ethics 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 Green Ethics 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 Green Ethics 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 Green Ethics Private Limited
Green Ethics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCG9293C1ZK | Tamil Nadu | Active | 17 Apr 2018 |
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 Green Ethics 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 Green Ethics Private Limited
Green Ethics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 20 July 2017 (9+ years old) and is registered under CIN U90009TN2017PTC117683.
Green Ethics reported revenue of ₹9.38 Cr for FY 2025 (up 31% YoY).
Green Ethics has 2 current directors:
- Sriraman Krishnamurthy - Director
- Krishnamoorthy Thiagarajan - Director
Green Ethics reported a net profit of ₹10.09 Lakh (net margin 1.1%) and EBITDA of ₹24.71 Lakh (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Green Ethics is 113% over three years and 66% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Green Ethics is 33AAGCG9293C1ZK, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Green Ethics is U90009TN2017PTC117683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Green Ethics was incorporated on 20 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Green Ethics by revenue are Prince Metal Industries Private Limited, Pondicherry Solid Waste Management Company Private Limited, J.M.Smith International India Private Limited, Ecolates India Private Limited, Solwearth Ecotech Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Krishnamoorthy Thiagarajan was appointed as Director on 20 Jul 2017. Sriraman Krishnamurthy was appointed as Director on 20 Jul 2017.
Yes, Green Ethics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).