Aswathi Industries Limited

Manufacturer of metal products including furnaces, kilns, incinerators, and industrial fans for domestic and international clients.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: May 17, 2024

Aswathi Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.48 Cr
  • Satisfied Charges ₹ 5.77 Cr
  • Revenue Growth 18.61%
  • Profit Growth 6.89%
  • Ebitda -29.75%
  • Net Worth 40.82%
  • Total Assets 14.89%

About Aswathi Industries

Aswathi Industries Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 May 1997 and has a history of 27 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹39.48 Cr. The company has closed loans amounting to ₹5.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sureshkumar Nair, Rita Nair, and Rohit Pandya serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29200MH1997PLC108302

  • Company No.

    108302

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 May 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Aswathi Industries Limited offer?

Aswathi Industries Limited offers a wide range of products and services, including Cement and Concrete, Cement Plant Machinery & Parts, Industrial Furnaces & Ovens, Industrial Furnaces, Pollution Control Devices & Machines, Dust Collector, Air Pollution Control Equipment, Plant & Equipment Erection Services, Industrial Fans, Waste Tyre Recycle Plant.

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

Executive Team (1)

Name Designation Appointment Date Status
Sureshkumar Nair Country flag representing In Managing Director 28-May-1997 Current

Board Members (2)

Name Designation Appointment Date Status
Rita Nair Country flag representing In Director 03-Nov-1999 Current
Rohit Pandya Country flag representing In Director 28-Sep-2020 Current

Financial Performance of Aswathi Industries.

Aswathi Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.61% increase. The company also saw a slight improvement in profitability, with a 6.89% increase in profit. The company's net worth Soared by an impressive increase of 40.82%.

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
18.61%
Revenue from Operations
18.22%
Total Assets
14.89%
Profit or Loss
6.89%
Net Worth
40.82%
EBITDA
-29.75%

What is the Ownership and Shareholding Structure of Aswathi Industries?

In 2023, Aswathi Industries had a promoter holding of 97.10% and a public holding of 2.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.48 Cr

Satisfied Charges

₹5.77 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 21.30 Cr
  • State Bank Of India : 18.18 Cr

Latest Charge Details

Date Lender Amount Status
19 May 2023 State Bank Of India ₹17.24 Cr Open
20 Jun 2022 State Bank Of India ₹7.00 M Open
08 Aug 2018 State Bank Of India ₹2.44 M Open
10 Nov 2006 State Bank Of Travancore ₹6.75 Cr Open
10 Nov 2006 State Bank Of Travancore ₹14.55 Cr Open

How Many Employees Work at Aswathi Industries?

Unlock and access historical data on people associated with Aswathi Industries, 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 Aswathi 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 Aswathi 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 Aswathi Industries

Recent activity within the organization

  • Annual General Meeting

    Aswathi Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 17.24 Cr with Charge ID 100738408 was registered on 19 May 2023.

    19 May 2023

  • Balance Sheet

    Aswathi Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.70 Cr with Charge ID 100592221 was registered on 20 Jun 2022.

    20 Jun 2022

  • Director Appointment

    Rohit Nathuram Pandya was appointed as a Director was appointed as a Director on 28 Sep 2020 & has been associated with this company since 4 years 4 months .

    28 Sep 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.24 Cr with Charge ID 100207262 was registered on 08 Aug 2018.

    08 Aug 2018

Frequently asked questions

  • Aswathi Industries Limited was incorporated on 28 May 1997.

  • The authorized share capital of Aswathi Industries Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 3 directors are associated with Aswathi Industries Limited.

    • Sureshkumar Kuttikrishnan Nair
    • Rita Sureshkumar Nair
    • Rohit Nathuram Pandya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aswathi Industries Limited is Apeksha Enclave Mahavir Nagar, Kandivali (West), Mumbai, Maharashtra, India, 400067.

  • The corporate identification number (CIN) of Aswathi Industries Limited is U29200MH1997PLC108302 and the company number is 108302 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aswathi Industries Limited is https://www.aswathiindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aswathi Industries Limited has risen by 18.61%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aswathi Industries Limited has experienced an upsurge of 40.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aswathi Industries Limited amount to ₹ 39.48 Cr.

  • The most recent Balance Sheet for Aswathi Industries Limited was filed with the ROC on 31 Mar 2023.

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