Ashutosh Power Trans Belts Limited

Manufactures and exports industrial power transmission belts and pulleys, including timing and conveyor belts.

1989 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 15, 2024

Ashutosh Power Trans Belts Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.57 M
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 3.25 Cr
  • Revenue Growth 16.10%
  • Profit Growth 57.35%
  • Ebitda -1.58%
  • Net Worth 30.61%
  • Total Assets 9.54%

About Ashutosh Power Trans Belts

Ashutosh Power Trans Belts Limited (APTBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 June 1989 and has a history of 35 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Ashutosh Tex Mach Mach Pvt Ltd. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.57 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹3.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deenbandhu Reengusia, Prabhadevi Reengusia, Ashutosh Reengusia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aptbelts.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29259GJ1989PLC012413

  • Company No.

    012413

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Ashutosh Power Trans Belts Limited offer?

Ashutosh Power Trans Belts Limited offers a wide range of products and services, including Industrial Belts & V Belts, Machine Belt, Timing Belts, Conveyor Systems & Components, Conveyor Belt, Cranes, Forklift & Lifting Machines, Pulleys, Flat Belt, V Belts.

Who are the key members and board of directors at Ashutosh Power Trans Belts?

Board Members (5)

NameDesignationAppointment DateStatus
Deenbandhu Reengusia Country flag representing In Director 26-Jun-1992Current
Prabhadevi Reengusia Country flag representing In Director 26-Jun-1992Current
Ashutosh Reengusia Country flag representing In Director 25-May-2005Current
Neha Gupta Country flag representing In Director 25-May-2005Current
Neha Reengusia Country flag representing In Director 01-Oct-2008Current

Financial Performance of Ashutosh Power Trans Belts.

Ashutosh Power Trans Belts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.1% increase. The company also saw a substantial improvement in profitability, with a 57.35% increase in profit. The company's net worth Soared by an impressive increase of 30.61%.

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
16.10%
Revenue from Operations
18.20%
Total Assets
9.54%
Profit or Loss
57.35%
Net Worth
30.61%
EBITDA
-1.58%

What is the Ownership and Shareholding Structure of Ashutosh Power Trans Belts?

In 2023, Ashutosh Power Trans Belts had a promoter holding of 98.19% and a public holding of 1.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 M

Satisfied Charges

₹32.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2022Others₹2.50 CrOpen
31 Dec 2015Kotak Mahindra Bank Limited₹3.25 CrSatisfied

How Many Employees Work at Ashutosh Power Trans Belts?

Ashutosh Power Trans Belts has a workforce of 10 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashutosh Power Trans Belts, 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 Ashutosh Power Trans Belts'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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ashutosh Power Trans Belts

Recent activity within the organization

  • Annual General Meeting

    Ashutosh Power Trans Belts Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ashutosh Power Trans Belts Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 100550269 was registered on 22 Mar 2022.

    22 Mar 2022

  • Charges

    A charge registered on 31 Dec 2015 via Charge ID 10613678 with Kotak Mahindra Bank Limited was fully satisfied on 18 Jan 2021.

    18 Jan 2021

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 32.50 M with Charge ID 10613678 was registered on 31 Dec 2015.

    31 Dec 2015

  • Director Appointment

    Neha Ashutosh Reengusia was appointed as a Director was appointed as a Director on 01 Oct 2008 & has been associated with this company since 16 years 4 months .

    01 Oct 2008

Frequently asked questions

  • Ashutosh Power Trans Belts Limited was incorporated on 26 Jun 1989.

  • The authorized share capital of Ashutosh Power Trans Belts Limited is ₹ 1.00 M and paid-up capital is ₹ 0.57 M.

  • Currently 5 directors are associated with Ashutosh Power Trans Belts Limited.

    • Deenbandhu Chauthmal Reengusia
    • Prabhadevi Deenbandhu Reengusia
    • Ashutosh Deenbandhu Reengusia
    • Neha Gaurav Gupta
    • Neha Ashutosh Reengusia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashutosh Power Trans Belts Limited is 707 Hemkoot Building, Opp. Capital Commercial Centre Ashram Road, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Ashutosh Power Trans Belts Limited is U29259GJ1989PLC012413 and the company number is 012413 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashutosh Power Trans Belts Limited is https://www.aptbelts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashutosh Power Trans Belts Limited has risen by 16.10%.

  • As Per 2023 financial reports, 10 employees are currently employed by Ashutosh Power Trans Belts Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashutosh Power Trans Belts Limited has experienced an upsurge of 30.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashutosh Power Trans Belts Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Ashutosh Power Trans Belts Limited was filed with the ROC on 31 Mar 2023.