MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0045938
Ethnus Consultancy Services Private Limited - education in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.07 Cr
▲ 17% YoY
Net profit · FY 2025
₹64.95 Lakh
Net margin 4%
EBITDA · FY 2025
₹1.37 Cr
EBITDA margin 8.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.68 Lakh
Issued & subscribed
Open charges
₹3.7 Cr
Satisfied ₹30 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
133
Provident fund records
About Ethnus Consultancy Services Private Limited
Data last updated:
Ethnus Consultancy Services Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 19 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80212KA2010PTC054851. Its GSTIN is 29AACCE5852B1ZS (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.68 Lakh. It is led by directors Badrinath Lingaraju and Mukund Nuggehalli Muralidhar.
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 No.151/17/1 Sst Chambers Second Floor 36th Cross Road Jayanagar 5th Block, Bengaluru, Karnataka, India – 560041.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.07 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹64.95 Lakh (net margin 4%) and EBITDA of ₹1.37 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 17% over five years.
The company has about 133 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ethnus. As per MCA filings, the company has open charges of ₹3.7 Cr and satisfied charges of ₹30 Lakh on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 2 cases are pending.
Ethnus Consultancy Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0045938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethnus.com.
Company details
CIN U80212KA2010PTC054851
Registration Number 054851
Incorporation Date 19 August 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0045938
Recognitions & Rankings of Ethnus Consultancy Services
Contact details
Ethnus Consultancy Services Private Limited's registered office is in Bengaluru, Karnataka. Its website is ethnus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.151/17/1 Sst Chambers Second Floor 36th Cross Road Jayanagar 5th Block, Bengaluru, Karnataka, India – 560041
- IndustryEducation, Corporate Training & Development
To see the full contact details of Ethnus Consultancy Services Private Limited, buy the company report.
Comprehensive company report
Ethnus Consultancy 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
Brands
Ethnus Consultancy Services operates one associated brand: Ethnus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Communication skills training is offered to professionals and students. | ethnus.com |
Financials of Ethnus Consultancy Services Private Limited
FY 2025 filings availableEthnus Consultancy Services Private Limited reported revenue of ₹16.07 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹16.07 Cr ▲ 17%
Net profit · FY 2025
₹64.95 Lakh margin 4%
EBITDA · FY 2025
₹1.37 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 14%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▼ 1%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 17% growth in the latest year. EBITDA rose 42% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.37 Cr | ||||
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| Net Profit (PAT) | ₹64.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Ethnus Consultancy Services Private Limited, buy the company report.
Board of directors of Ethnus Consultancy Services Private Limited
Ethnus Consultancy Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Badrinath Lingaraju | Director | 19 Aug 2010 | 16 Years 2 Months | Current |
| Mukund Nuggehalli Muralidhar Also directs: Tecdia (India) Private Limited | Director | 11 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Ethnus Consultancy Services Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Everdeen Learning Private Limited | ₹16.15 Cr (FY 2024) | 337.0% | Delhi, India | |||
| Vanik Education Private Limited | ₹16.1 Cr (FY 2024) | 10.0% | Bhubaneswar, Odisha, India | |||
| Ethnus Consultancy Services Private Limitedthis company | ₹16.07 Cr (FY 2025) | ₹64.95 Lakh | 4% | 17.0% | 133 | Bengaluru, Karnataka, India |
| T.I.M.E. Education Bangalore Private Limited | ₹15.96 Cr (FY 2025) | 5.0% | Secunderabad, Telangana, India | |||
| Rudveda Education Services Private Limited | ₹15.81 Cr (FY 2024) | 112.0% | Delhi, India |
To see the full peer comparison of Ethnus Consultancy Services Private Limited, buy the company report.
Auditor
Ethnus Consultancy Services Private Limited is audited by Balakrishna and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Balakrishna and Co | FY 2023 | 004835S |
Shareholding
The shareholding of Ethnus Consultancy 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 Ethnus Consultancy Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.7 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2023 | 100749353 | Others | ₹3.7 Cr | Open | |
| 01 Apr 2021 | 100431771 | Hdfc Bank Limited | ₹30 Lakh | Satisfied |
To see the full charge records of Ethnus Consultancy Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ethnus Consultancy Services Private Limited has 11 court cases on record: 5 filed by Ethnus Consultancy Services, 6 filed against it. 2 cases are pending and 9 are disposed.
Total cases
11
Filed by the company
5
Filed against the company
6
Pending
2
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 1 |
| High courts | 4 | 4 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Test Yantra Software Solutions India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Test Yantra Software Solutions India Pvt Ltd | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by M/S Geosmin Studio Sustainable Solutions LLP | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S. Geosmin Studio Sustainable Solutions LLP | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Test Yantra Software Solutions India Pvt Ltd | Disposed |
To see the full case history of Ethnus Consultancy 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 Ethnus Consultancy Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ethnus Consultancy Services Private Limited has a workforce of 133 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
133
Active EPFO establishments
1
Employee growth
58.33%
GST
Ethnus Consultancy Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE5852B1ZS | Karnataka | Active | 01 Jul 2017 |
| 33AACCE5852B1Z3 | Tamil Nadu | Active | 09 Sep 2023 |
To see the full GST registrations and return filing status of Ethnus Consultancy Services Private Limited, buy the company report.
Recent activity
Ethnus Consultancy Services Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Goutham Nanjunda Swamy ceased to be Additional Director on 30 Nov 2021.
AGM
Ethnus Consultancy Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 370.00 Lakh registered on 13 Jul 2023 with Charge ID 100749353 was modified on 16 Aug 2025.
Filing
Ethnus Consultancy Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 370.00 Lakh with Charge ID 100749353 was registered on 13 Jul 2023.
Charges
A charge registered on 01 Apr 2021 via Charge ID 100431771 with Hdfc Bank Limited was fully satisfied on 19 Jun 2023.
Ceased
Goutham Nanjunda Swamy ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100431771 was registered on 01 Apr 2021.
Ceased
Nanjappa Lingaraju ceased to be Director.
Ceased
Mukund Nuggehalli Muralidhar ceased to be Additional Director.
Appointed
Mukund Nuggehalli Muralidhar was appointed as Director.
Appointed
Badrinath Lingaraju was appointed as Director.
Incorporation
19 Aug 2010
Ethnus Consultancy Services Private Limited was registered on 19 Aug 2010 with Roc Bangalore & aged 16 years 2 months as per MCA records.
Frequently asked questions
Ethnus Consultancy Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 19 August 2010 (16+ years old) and is registered under CIN U80212KA2010PTC054851.
Ethnus Consultancy Services has 2 current directors:
- Badrinath Lingaraju - Director
- Mukund Nuggehalli Muralidhar - Director
The latest financial statements of Ethnus Consultancy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ethnus Consultancy Services is 29AACCE5852B1ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCE5852B1Z3 (Tamil Nadu).
The CIN (Corporate Identification Number) of Ethnus Consultancy Services is U80212KA2010PTC054851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethnus Consultancy Services has 11 court cases on record: 5 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Ethnus Consultancy Services was incorporated on 19 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ethnus Consultancy Services by revenue are Everdeen Learning Private Limited, Vanik Education Private Limited, T.I.M.E. Education Bangalore Private Limited, Rudveda Education Services Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services).
Goutham Nanjunda Swamy ceased to be Additional Director on 30 Nov 2021. Nanjappa Lingaraju ceased to be Director on 09 Nov 2020. Mukund Nuggehalli Muralidhar ceased to be Additional Director on 30 Sep 2014. Ethnus Consultancy Services has 5 board changes on record in total.
Yes, Ethnus Consultancy Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0045938).
Ethnus Consultancy Services can be reached through the website ethnus.com. Its registered office is in Bengaluru, Karnataka, India.