Ashtech Machineries Private Limited
About Ashtech Machineries Private Limited
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Ashtech Machineries Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 27 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29120TZ2011PTC017733. Its GSTIN is 33AAKCA0859J1ZL (Tamil Nadu).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Poojabhaiya and Narayan Bhaiya.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sf Number 502/1F Rajeev Gandhi Street Balamurugan Nagar Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.75 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9,600 (net margin 0.6%) and EBITDA of ₹62,400 (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashtech Machineries Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSf Number 502/1F Rajeev Gandhi Street Balamurugan Nagar Ganapathy, Coimbatore, Tamil Nadu, India – 641006
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Ashtech Machineries Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ashtech Machineries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ashtech Machineries Private Limited, buy the company report.
Financials of Ashtech Machineries Private Limited
FY 2023 filings availableAshtech Machineries Private Limited reported revenue of ₹16.75 Lakh (up 743% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 743% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 30%. EBITDA rose 114% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹62,400 | ||||
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| Net Profit (PAT) | ₹9,600 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Ashtech Machineries Private Limited, buy the company report.
Board of directors of Ashtech Machineries Private Limited
Ashtech Machineries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poojabhaiya | Director | 14 Nov 2022 | 3 Years 11 Months | Current |
| Narayan Bhaiya Also directs: Joseph Cement Bricks LLP | Director | 27 Dec 2011 | 14 Years 9 Months | Current |
| Pankaj Nandakishore Bhaiya Bhaiya | Director | 27 Dec 2011 | 14 Years 9 Months | Current |
Peer comparison
Ashtech Machineries Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sonati Tech Private Limited | ₹16.84 Lakh (FY 2025) | 279.0% | Noida, Uttar Pradesh, India | |||
| Verdes Clay & Minerals Equipment Private Limited | ₹16.83 Lakh (FY 2025) | 10.0% | Hosur, Tamil Nadu, India | |||
| Endif Control Tech Private Limited | ₹16.8 Lakh (FY 2021) | -83.0% | Bangalore, Karnataka, India | |||
| Axyz Automation Private Limited | ₹16.79 Lakh (FY 2023) | -95.0% | Bangalore, Karnataka, India | |||
| Qoptars Private Limited | ₹16.76 Lakh (FY 2023) | 459.0% | Kamrup, Assam, India | |||
| Ashtech Machineries Private Limitedthis company | ₹16.75 Lakh (FY 2023) | ₹9,600 | 0.6% | 743.0% | Coimbatore, Tamil Nadu, India | |
| Arps Accumulators Private Limited | ₹16.74 Lakh (FY 2024) | 670.0% | Hosur, Tamil Nadu, India | |||
| Aec CNC Private Limited | ₹16.72 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Ofca Power Technology Private Limited | ₹16.72 Lakh (FY 2024) | 3137.0% | Gurgaon, Haryana, India | |||
| Pivo India Marketing Private Limited | ₹16.7 Lakh (FY 2024) | -49.0% | New Delhi, Delhi, India | |||
| Powerflux Connections Private Limited | ₹16.68 Lakh (FY 2025) | 4.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Ashtech Machineries Private Limited, buy the company report.
Auditor
Ashtech Machineries Private Limited is audited by S.GANESH for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.GANESH | FY 2015 | 210367 |
Shareholding
The shareholding of Ashtech Machineries Private Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ashtech Machineries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashtech Machineries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashtech Machineries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashtech Machineries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCA0859J1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashtech Machineries Private Limited, buy the company report.
Recent activity
Ashtech Machineries Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Poojabhaiya ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Ashtech Machineries is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 27 December 2011 (15+ years old) and is registered under CIN U29120TZ2011PTC017733.
Ashtech Machineries has 3 current directors:
- Poojabhaiya - Director
- Narayan Bhaiya - Director
- Pankaj Nandakishore Bhaiya Bhaiya - Director
The latest financial statements of Ashtech Machineries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashtech Machineries is 33AAKCA0859J1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ashtech Machineries is U29120TZ2011PTC017733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtech Machineries was incorporated on 27 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Ashtech Machineries by revenue are Sonati Tech Private Limited, Verdes Clay & Minerals Equipment Private Limited, Endif Control Tech Private Limited, Axyz Automation Private Limited, Qoptars Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Poojabhaiya ceased to be Additional Director on 29 Sep 2023. Poojabhaiya was appointed as Director on 14 Nov 2022. Narayan Bhaiya was appointed as Director on 27 Dec 2011. Ashtech Machineries has 4 board changes on record in total.
The registered office of Ashtech Machineries is at Sf Number 5021F Rajeev Gandhi Street Balamurugan Nagar Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
Ashtech Machineries operates in the electrical industry, in the electrical equipment segment.
The compliance status of Ashtech Machineries is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.