Asrith Engineering Private Limited
About Asrith Engineering Private Limited
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Asrith Engineering Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 07 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29304TN2018PTC124009. Its GSTIN is 33AARCA1853F1ZR (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors Nithesh Ramakrishnan and Ramakrishnan Ponnurangam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No: 42 Varalakshmi Nagar Kolathur, Chennai, Tamil Nadu, India – 600099.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.71 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹1.41 Lakh (net margin -82.6%) and EBITDA of -₹1.38 Lakh (EBITDA margin -80.6%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
Company details
Contact details
Asrith Engineering Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo: 42 Varalakshmi Nagar Kolathur, Chennai, Tamil Nadu, India – 600099
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Asrith Engineering 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 Asrith Engineering is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Asrith Engineering Private Limited, buy the company report.
Financials of Asrith Engineering Private Limited
FY 2024 filings availableAsrith Engineering Private Limited reported revenue of ₹1.71 Lakh (down 73% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over three years, including a 73% fall in the latest year. EBITDA rose 69% 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 | -₹1.38 Lakh | ||||
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| Net Profit (PAT) | -₹1.41 Lakh | ||||
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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 | -80.6% | ||||
| Net Profit Margin | -82.6% | ||||
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To see the full financial statements and ratios of Asrith Engineering Private Limited, buy the company report.
Board of directors of Asrith Engineering Private Limited
Asrith Engineering has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nithesh Ramakrishnan | Director | 07 Aug 2018 | 8 Years 2 Months | Current |
| Ramakrishnan Ponnurangam | Director | 07 Aug 2018 | 8 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Asrith Engineering 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 Asrith Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asrith Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AARCA1853F1ZR | Tamil Nadu | Active | 31 Aug 2018 |
To see the full GST registrations and return filing status of Asrith Engineering Private Limited, buy the company report.
Recent activity
Asrith Engineering Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Nithesh Ramakrishnan was appointed as Director on 07 Aug 2018.
Frequently asked questions
Asrith Engineering is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 07 August 2018 (8+ years old) and is registered under CIN U29304TN2018PTC124009.
Asrith Engineering has 2 current directors:
- Nithesh Ramakrishnan - Director
- Ramakrishnan Ponnurangam - Director
The latest financial statements of Asrith Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Asrith Engineering is 33AARCA1853F1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Asrith Engineering is U29304TN2018PTC124009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asrith Engineering was incorporated on 07 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Nithesh Ramakrishnan was appointed as Director on 07 Aug 2018. Ramakrishnan Ponnurangam was appointed as Director on 07 Aug 2018.
The registered office of Asrith Engineering is at No: 42 Varalakshmi Nagar Kolathur, Chennai, Tamil Nadu, India – 600099.
Asrith Engineering operates in the machinery and equipment industry, in the industrial products retail and distribution segment.
Asrith Engineering can be reached at its registered office: No: 42 Varalakshmi Nagar Kolathur, Chennai, Tamil Nadu, India – 600099.