Etica Developers Private Limited

Develops residential projects and operates a solar power plant in Chennai and Virudhunagar district.

2012 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 28, 2024

Who are the key members and board of directors at Etica Developers?

Board Members (3)

NameDesignationAppointment DateStatus
Prakash Ganapathy Country flag representing In Director 16-Aug-2012Current
Debendranath Sarangi Country flag representing In Director 01-Feb-2017Current
Diliban Ganapathy Country flag representing In Director 16-Aug-2012Current

Financial Performance of Etica Developers.

Etica Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.44% increase. The company also saw a substantial improvement in profitability, with a 16.52% increase in profit. The company's net worth Soared by an impressive increase of 10.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
78.44%
Revenue from Operations
79.07%
Total Assets
6.33%
Profit or Loss
16.52%
Net Worth
10.25%
EBITDA
35.45%

Charges (Loans)

Open Charges

₹3.20 Cr

Satisfied Charges

₹14.70 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.20 Cr

Latest Charge Details

DateLenderAmountStatus
08 Mar 2024Axis Bank Limited₹3.20 CrOpen
18 Aug 2016Axis Bank Limited₹8.10 CrSatisfied
31 Mar 2015Indian Overseas Bank₹6.60 CrSatisfied

How Many Employees Work at Etica Developers?

Unlock and access historical data on people associated with Etica Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Etica Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Etica Developers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Etica Developers

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.20 Cr with Charge ID 100905618 was registered on 08 Mar 2024.

    08 Mar 2024

  • Charges

    A charge registered on 18 Aug 2016 via Charge ID 100047972 with Axis Bank Limited was fully satisfied on 08 Jan 2024.

    08 Jan 2024

  • Annual General Meeting

    Etica Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Etica Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 8.10 Cr registered on 18 Aug 2016 with Charge ID 100047972 was modified on 02 Jun 2022.

    02 Jun 2022

  • Charges

    A charge registered on 31 Mar 2015 via Charge ID 10561126 with Indian Overseas Bank was fully satisfied on 28 May 2018.

    28 May 2018

Frequently asked questions

  • Etica Developers Private Limited was incorporated on 16 Aug 2012.

  • The authorized share capital of Etica Developers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.76 M.

  • Currently 3 directors are associated with Etica Developers Private Limited.

    • Diliban Ganapathy
    • Prakash Ganapathy
    • Debendranath Sarangi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Etica Developers Private Limited is Exotica 6Th Floor No.24 Venkata Narayana Road T. Nagar, Chennai, Tamil Nadu, India, 600017.

  • The corporate identification number (CIN) of Etica Developers Private Limited is U45400TN2012PTC087230 and the company number is 087230 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Etica Developers Private Limited is https://www.eticadevelopers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Etica Developers Private Limited has risen by 78.44%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Etica Developers Private Limited has experienced an upsurge of 10.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Etica Developers Private Limited amount to ₹ 3.20 Cr.

  • The most recent Balance Sheet for Etica Developers Private Limited was filed with the ROC on 31 Mar 2023.