
Zhi Ernest Solutions Private Limited
About Zhi Ernest Solutions Private Limited
Data last updated:
Zhi Ernest Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 11 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC063477. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arun Patel (Managing Director) and Saraswathi Kalasa Lakshmanabhatta.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 218 5th Floor 501 J P Royale 13th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.74 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹11,405 (net margin 0.9%) and EBITDA of ₹30,124 (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Zhi Ernest Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 218 5th Floor 501 J P Royale 13th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryProfessional Services, Accounting, Taxation, Book Keeping
To see the full contact details of Zhi Ernest Solutions Private Limited, buy the company report.
- 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 Zhi Ernest Solutions is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Zhi Ernest Solutions Private Limited, buy the company report.
Financials of Zhi Ernest Solutions Private Limited
FY 2024 filings availableZhi Ernest Solutions Private Limited reported revenue of ₹12.74 Lakh (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 6% growth in the latest year. EBITDA rose 48% 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 |
|---|---|---|---|---|---|
| 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 | ₹30,124 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11,405 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Zhi Ernest Solutions Private Limited, buy the company report.
Board of directors of Zhi Ernest Solutions Private Limited
Zhi Ernest Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saraswathi Kalasa Lakshmanabhatta | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
| Govindaiah Vinod | Director | 12 Apr 2022 | 4 Years 6 Months | Current |
| Arun Patel | Managing Director | 17 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Zhi Ernest Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mapad Consultax Private Limited | ₹12.81 Lakh (FY 2024) | 8.0% | Gurugram, Haryana, India | |||
| Finetax Ace Private Limited | ₹12.81 Lakh (FY 2022) | 579.0% | Jamshedpur, Jharkhand, India | |||
| Acconnect Consultants Private Limited | ₹12.81 Lakh (FY 2025) | 7.0% | Bhopal, Madhya Pradesh, India | |||
| Faglig Services Private Limited | ₹12.8 Lakh (FY 2025) | 33.0% | Chennai, Tamil Nadu, India | |||
| NPS Business Solutions Private Limited | ₹12.78 Lakh (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Zhi Ernest Solutions Private Limitedthis company | ₹12.74 Lakh (FY 2024) | ₹11,405 | 0.9% | 6.0% | Bangalore, Karnataka, India | |
| Fixine Consultancy Services Private Limited | ₹12.74 Lakh (FY 2025) | -9.0% | Jaipur, Rajasthan, India | |||
| Saavy Computex Solutions Private Limited | ₹12.72 Lakh (FY 2024) | -37.0% | Lucknow, Uttar Pradesh, India | |||
| Merton Retail (OPC) Private Limited | ₹12.72 Lakh (FY 2020) | 149.0% | Bhiwani, Haryana, India | |||
| Minutiae Consulting Private Limited | ₹12.7 Lakh (FY 2022) | 81.0% | Hyderabad, Telangana, India | |||
| Taxempt Global Advisors Private Limited | ₹12.69 Lakh (FY 2025) | 6.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Zhi Ernest Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Zhi Ernest Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Zhi Ernest Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Zhi Ernest Solutions 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 Zhi Ernest Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zhi Ernest Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Zhi Ernest Solutions Private Limited, buy the company report.
Recent activity
Zhi Ernest Solutions Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Arun Patel was appointed as Managing Director on 17 Sep 2025.
Frequently asked questions
Zhi Ernest Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in accounting, within the professional services industry. It was incorporated on 11 April 2012 (14+ years old) and is registered under CIN U74900KA2012PTC063477.
Zhi Ernest Solutions has 3 current directors:
- Arun Patel - Managing Director
- Saraswathi Kalasa Lakshmanabhatta - Director
- Govindaiah Vinod - Director
The latest financial statements of Zhi Ernest Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
No. Zhi Ernest Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Zhi Ernest Solutions is U74900KA2012PTC063477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zhi Ernest Solutions was incorporated on 11 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Zhi Ernest Solutions by revenue are Mapad Consultax Private Limited, Finetax Ace Private Limited, Acconnect Consultants Private Limited, Faglig Services Private Limited, NPS Business Solutions Private Limited and 5 more, all in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Arun Patel was appointed as Managing Director on 17 Sep 2025. Govindaiah Vinod was appointed as Director on 12 Apr 2022. Bindushree Sakarayapattana Ajjaiah was appointed as Managing Director on 11 Apr 2012. Zhi Ernest Solutions has 4 board changes on record in total.
The registered office of Zhi Ernest Solutions is at No 218 5th Floor 501 J P Royale 13th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.
Zhi Ernest Solutions operates in the professional services industry, in the accounting segment.
The compliance status of Zhi Ernest Solutions is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.