Asi Industries Limited

Natural stone mining, steel and fabric trading, and wind power generation.

1945 | Mumbai, Maharashtra (India) | Active
Last Updated:

Asi Industries Profile

Key Indicators

  • Authorised Capital ₹ 28.45 Cr
  • Paid Up Capital ₹ 9.01 Cr
  • Company Age 80 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.33 Cr
  • Satisfied Charges ₹ 668.63 Cr
  • Revenue Growth -28.47%
  • Profit Growth 218.75%
  • Ebitda 262.92%
  • Net Worth 5.82%
  • Total Assets -3.92%

About Asi Industries

Asi Industries Limited (AIL) was founded in India on 17 January 1945 and has a glorious history of 80 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502015.

The Corporate was formerly known as Associated Stone Industries (Kotah) Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 28.45 Cr and a paid-up capital of Rs 9.01 Cr.

The company currently has active open charges totaling ₹37.33 Cr. The company has closed loans amounting to ₹668.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asi Industries Limited India are Pavan Soni as CFO and Manish Kakrai as Company Secretary. Arunanshu Agarwal, Anita Jatia, Tushya Jatia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L14101MH1945PLC256122

  • Company No.

    256122

  • Stock Symbol

    BSE : 502015

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 1945

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Environment
Metals and Minerals

What products or services does Asi Industries Limited offer?

Asi Industries Limited offers a wide range of products and services, including Stone Tiles, Natural Stone Tiles, Natural Stone, Kota Stone, Sandstone, Kandla Grey Sandstone, Sandstone Tiles.

Company report

Asi Industries Limited

Explore comprehensive data for Asi Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Asi Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Pavan Soni Country flag representing In CFO05-Aug-2014Current
Manish Kakrai Company Secretary07-Nov-2022Current
Deepak Jatia Country flag representing In Managing Director31-Dec-1987Current

Board Members (5)

NameDesignationAppointment DateStatus
Tushya Jatia Country flag representing In Whole-Time Director 25-Jul-2011Current
Gaurang Gandhi Country flag representing In Director 04-Jul-2016Current
Arunanshu Agarwal Country flag representing In Director 10-Feb-2024Current
Anita Jatia Country flag representing In Whole-Time Director 05-Aug-2014Current
Padamkumar Poddar Country flag representing In Director 26-Aug-2023Current

Financial Performance of Asi Industries.

Asi Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.47% decrease. The company also saw a substantial improvement in profitability, with a 218.75% increase in profit. The company's net worth moved up by a moderate rise of 5.82%.

Asi Industries revenue growth over time
Asi Industries 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
-28.47%
Revenue from Operations
-31.74%
Total Assets
-3.92%
Profit or Loss
218.75%
Net Worth
5.82%
EBITDA
262.92%

What is the Ownership and Shareholding Structure of Asi Industries?

In 2023, Asi Industries had a promoter holding of 72.51% and a public holding of 27.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.33 Cr

Satisfied Charges

₹668.63 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 35.13 Cr
  • Indian Bank : 1.70 Cr
  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2024Indian Bank₹1.70 CrOpen
12 Apr 2024Hdfc Bank Limited₹4.30 MOpen
16 Feb 2024Others₹5.00 MOpen
07 Dec 2022Hdfc Bank Limited₹1.10 CrOpen
04 Aug 2022Hdfc Bank Limited₹4.40 MOpen

How Many Employees Work at Asi Industries?

Asi Industries has a workforce of 1507 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.

Employee growth trends for Asi Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asi Industries, 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 Asi Industries'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 Asi Industries

Recent activity within the organization

  • Annual General Meeting

    Asi Industries Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Indian Bank amounted to Rs. 1.70 Cr with Charge ID 100961013 was registered on 01 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100910259 was registered on 12 Apr 2024.

  • Balance Sheet

    Asi Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.16 Cr registered on 09 Sep 2008 with Charge ID 10125191 was modified on 27 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100868553 was registered on 16 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Asi Industries Limited?

    Asi Industries Limited was incorporated on 17 Jan 1945.

  • What is authorized share capital and paid-up capital of Asi Industries Limited?

    The authorized share capital of Asi Industries Limited is ₹ 28.45 Cr and paid-up capital is ₹ 9.01 Cr.

  • Who are the current board members & directors of Asi Industries Limited?

    Currently 8 directors are associated with Asi Industries Limited.

    • Arunanshu Vijay Kumar Agarwal
    • Anita Deepak Jatia
    • Tushya Jatia
    • Pavan Kumar Soni
    • Manish Prakash Kakrai
    • Gaurang Manhar Gandhi
    • Deepak Nemnath Jatia
    • Padamkumar Radheshyam Poddar

  • What is the registered address of Asi Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asi Industries Limited is Marathon Innova A Wing 7Th Floor Off: Ganpatrao Kadam Marg Lower Parel, India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Asi Industries Limited?

    The corporate identification number (CIN) of Asi Industries Limited is L14101MH1945PLC256122 and the company number is 256122 as per Ministry of Corporate Affairs (MCA).

  • Is Asi Industries Limited registered with any stock exchange in India?

    Yes, Asi Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Asi Industries Limited?

    The Official website of Asi Industries Limited is https://www.asigroup.co.in

  • What has been the recent revenue trend for Asi Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Asi Industries Limited has fallen by -28.47%.

  • How many employees does Asi Industries Limited currently have?

    As Per 2023 financial reports, 1507 employees are currently employed by Asi Industries Limited.

  • What change has been observed in the net worth of Asi Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Asi Industries Limited has experienced an upsurge of 5.82%.

  • What are the total open charges for Asi Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Asi Industries Limited amount to ₹ 37.33 Cr.

  • When was the last Balance Sheet of Asi Industries Limited filed with the ROC?

    The most recent Balance Sheet for Asi Industries Limited was filed with the ROC on 31 Mar 2024.

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