Netsec Ether Technologies Private Limited
About Netsec Ether Technologies Private Limited
Data last updated:
Netsec Ether Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 02 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC125808. Its GSTIN is 29AAGCN5917J1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajay Kumar Madhvaraj and Purushothamrao Madvaraju.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at House No 508 3rd Floor 5th Main 4th Cross Rbi Layout Jp Nagar 7th Ph, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.26 Lakh, a growth of 82% compared to the previous year. For the same year it recorded a net loss of ₹2.25 Lakh (net margin -11.7%) and EBITDA of -₹2.25 Lakh (EBITDA margin -11.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressHouse No 508 3rd Floor 5th Main 4th Cross Rbi Layout Jp Nagar 7th Ph, Bangalore, Karnataka, India – 560078
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Netsec Ether Technologies Private Limited
The main business activity of Netsec Ether Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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.
Board of Directors of Netsec Ether Technologies Private Limited
Netsec Ether Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Madhvaraj | Director | 02 Jul 2019 | 7 Years 3 Months | Current |
| Purushothamrao Madvaraju | Director | 24 Oct 2019 | 6 Years 11 Months | Current |
| Madhvaraj Lakshmidevamma | Additional Director | 19 Oct 2022 | 3 Years 11 Months | Current |
Financials of Netsec Ether Technologies Private Limited FY 2023 filings available
Netsec Ether Technologies Private Limited reported revenue of ₹19.26 Lakh (up 82% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Netsec Ether Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 82% growth in the latest year. EBITDA fell 53% 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 Netsec Ether Technologies Private Limited
| Metrics | 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 | -₹2.25 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.25 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 Netsec Ether Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -11.7% | •••• | •••• | •••• |
| Net Profit Margin | -11.7% | •••• | •••• | •••• |
| 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 Netsec Ether Technologies are in the company report.
Financial statements from FY 2020
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 Netsec Ether Technologies 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 Netsec Ether Technologies Private Limited
Netsec Ether Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Netsec Ether Technologies Private Limited
Employment history and EPFO contributions of people linked to Netsec Ether Technologies.
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 Netsec Ether Technologies Private Limited
Netsec Ether Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN5917J1Z0 | Karnataka | Active | 24 Jul 2019 |
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 Netsec Ether Technologies 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 Netsec Ether Technologies 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 Netsec Ether Technologies 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 Netsec Ether Technologies 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 Netsec Ether Technologies Private Limited
Frequently Asked Questions about Netsec Ether Technologies Private Limited
Netsec Ether Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 02 July 2019 (7+ years old) and is registered under CIN U72900KA2019PTC125808.
Netsec Ether Technologies reported revenue of ₹19.26 Lakh for FY 2023 (up 82% YoY).
Netsec Ether Technologies has 3 current directors:
- Ajay Kumar Madhvaraj - Director
- Purushothamrao Madvaraju - Director
- Madhvaraj Lakshmidevamma - Additional Director
Netsec Ether Technologies reported a net loss of ₹2.25 Lakh (net margin -11.7%) and EBITDA of -₹2.25 Lakh (EBITDA margin -11.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Netsec Ether Technologies is 30% over three years. In the latest year (FY 2023) revenue rose 82%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Netsec Ether Technologies is 29AAGCN5917J1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Netsec Ether Technologies is U72900KA2019PTC125808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netsec Ether Technologies was incorporated on 02 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Netsec Ether Technologies is at House No 508 3rd Floor 5th Main 4th Cross Rbi Layout Jp Nagar 7th Ph, Bangalore, Karnataka, India – 560078.