Zhi Ernest Solutions Private Limited

Zhi Ernest Solutions Private Limited - professional services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74900KA2012PTC063477 Incorporated 11 April 2012 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company professional services
Data last updated
Revenue · FY 2024
₹12.74 Lakh
▲ 6% YoY
Net profit · FY 2024
₹11,405
Net margin 0.9%
EBITDA · FY 2024
₹30,124
EBITDA margin 2.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
GST registrations
1
None active

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 The company has 1 GST registration on record, which is no longer active.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

CIN U74900KA2012PTC063477
Registration Number 063477
Incorporation Date 11 April 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

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 Address
    No 218 5th Floor 501 J P Royale 13th Cross Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003
  • Industry
    Professional Services, Accounting, Taxation, Book Keeping

To see the full contact details of Zhi Ernest Solutions Private Limited, buy the company report.

Comprehensive company report
Zhi Ernest Solutions 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM2Accounting, 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 available

Zhi Ernest Solutions Private Limited reported revenue of ₹12.74 Lakh (up 6% YoY) for FY 2024.

Revenue · FY 2024
₹12.74 Lakh ▲ 6%
Net profit · FY 2024
₹11,405 margin 0.9%
EBITDA · FY 2024
₹30,124 margin 2.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 17%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 34%
5 years · compounded
▼ 23%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.4%
Net Profit Margin0.9%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Saraswathi Kalasa LakshmanabhattaDirector11 Apr 201214 Years 6 MonthsCurrent
Govindaiah VinodDirector12 Apr 20224 Years 6 MonthsCurrent
Arun PatelManaging Director17 Sep 20251 Years 1 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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)₹11,4050.9%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 categoryFY 2017FY 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.

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.

Total GSTINs
1
Cancelled / inactive
1

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.

Appointed
Arun Patel was appointed as Managing Director.
AGM
Zhi Ernest Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Filing
Zhi Ernest Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Govindaiah Vinod was appointed as Director.
Appointed
Bindushree Sakarayapattana Ajjaiah was appointed as Managing Director.
Appointed
Saraswathi Kalasa Lakshmanabhatta was appointed as Director.
Incorporation
11 Apr 2012
Zhi Ernest Solutions Private Limited was registered on 11 Apr 2012 with Roc Bangalore & aged 14 years 6 months as per MCA records.

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:

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.