- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0271275

Silverethics Technologies Private Limited
About Silverethics Technologies Private Limited
Data last updated:
Silverethics Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 19 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC120406.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chiragkumar Jayantibhai Patel and Nirav Vishnubhai Patel.
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 B – 614 Empire Business Hub Opp. Shaktifarm Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.71 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15,224 (net margin 1.3%) and EBITDA of ₹34,640 (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
Silverethics Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0271275).
Company details
Recognitions & Rankings of Silverethics Technologies
Contact details
Silverethics Technologies Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressB – 614 Empire Business Hub Opp. Shaktifarm Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business activity
The main business activity of Silverethics Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Silverethics Technologies Private Limited, buy the company report.
Financials of Silverethics Technologies Private Limited
FY 2025 filings availableSilverethics Technologies Private Limited reported revenue of ₹11.71 Lakh (up 303% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 303% growth in the latest year. EBITDA rose 20% 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 |
|---|---|---|---|---|---|
| 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 | ₹34,640 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15,224 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Silverethics Technologies Private Limited, buy the company report.
Board of directors of Silverethics Technologies Private Limited
Silverethics Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiragkumar Jayantibhai Patel | Director | 19 Feb 2021 | 5 Years 8 Months | Current |
| Nirav Vishnubhai Patel Also directs: Patel-Apps Private Limited | Director | 19 Feb 2021 | 5 Years 8 Months | Current |
| Maulikkumar Rajendrakumar Patel Also directs: Patel-Apps Private Limited | Director | 19 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Silverethics Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Northern Steel Fab Industries Private Limited | ₹12 Lakh (FY 2022) | 33.0% | New Delhi, Delhi, India | |||
| Shikoba Antenna Private Limited | ₹11.86 Lakh (FY 2019) | -59.0% | New Delhi, Delhi, India | |||
| Dynamic Gigalink Private Limited | ₹11.83 Lakh (FY 2021) | Gujarat, India | ||||
| Mievo Technologies Private Limited | ₹11.8 Lakh (FY 2025) | 220.0% | Kalyanpur, Uttar Pradesh, India | |||
| Anamed Instruments Pvt Ltd | ₹11.71 Lakh (FY 2024) | 10.0% | Mumbai, Maharashtra, India | |||
| Silverethics Technologies Private Limitedthis company | ₹11.71 Lakh (FY 2025) | ₹15,224 | 1.3% | 303.0% | Ahmedabad, Gujarat, India | |
| Revgenaie Private Limited | ₹11.66 Lakh (FY 2025) | 833.0% | Bengaluru, Karnataka, India | |||
| IT Satisfy Private Limited | ₹11.64 Lakh (FY 2021) | -22.0% | Bhusawal, Maharashtra, India | |||
| Sensio Enterprises Private Limited | ₹11.47 Lakh (FY 2025) | 2466.0% | Bangalore, Karnataka, India | |||
| Alter EV Conversion Private Limited | ₹11.45 Lakh (FY 2024) | 154.0% | Ahmedabad, Gujarat, India | |||
| Seleicon Hi-Tec Electronic Systems Private Limited | ₹11.41 Lakh (FY 2023) | -36.0% | Cranford Tiruchirappali, Tamil Nadu, India |
To see the full peer comparison of Silverethics Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Silverethics Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Silverethics Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Silverethics Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Silverethics Technologies Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Chiragkumar Jayantibhai Patel was appointed as Director on 19 Feb 2021.
Frequently asked questions
Silverethics Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 19 February 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC120406.
Silverethics Technologies has 3 current directors:
- Chiragkumar Jayantibhai Patel - Director
- Nirav Vishnubhai Patel - Director
- Maulikkumar Rajendrakumar Patel - Director
The latest financial statements of Silverethics Technologies 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Silverethics Technologies is U72900GJ2021PTC120406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverethics Technologies was incorporated on 19 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Silverethics Technologies by revenue are Northern Steel Fab Industries Private Limited, Shikoba Antenna Private Limited, Dynamic Gigalink Private Limited, Mievo Technologies Private Limited, Anamed Instruments Pvt Ltd and 5 more, all in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Chiragkumar Jayantibhai Patel was appointed as Director on 19 Feb 2021. Maulikkumar Rajendrakumar Patel was appointed as Director on 19 Feb 2021. Nirav Vishnubhai Patel was appointed as Director on 19 Feb 2021.
Yes, Silverethics Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0271275).
The registered office of Silverethics Technologies is at B – 614 Empire Business Hub Opp. Shaktifarm Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
Silverethics Technologies operates in the information technology industry, in the other computer related activities segment.
Silverethics Technologies can be reached at its registered office: B – 614 Empire Business Hub Opp. Shaktifarm Science City Road Sola, Ahmedabad, Gujarat, India – 380060.