About Aster Business Research Private Limited
Data last updated:
Aster Business Research Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2002PTC135630. Its GSTIN is 27AAFCA4726M1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Inder Vikram Singh Achreja and Sonia Suri Achreja.
Its last annual general meeting (AGM) was held on 10 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.93 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 66.8%) and EBITDA of ₹1.38 Cr (EBITDA margin 71.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company is associated with 1 brand: Aster Business Research.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astercap.in.
Company details
Contact details
Aster Business Research Private Limited's registered office is in Mumbai, Maharashtra. Its website is astercap.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 1901 Lokhandwala Residency Towers Lr Papan Marg, Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Aster Business Research 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
Brands
Aster Business Research operates one associated brand: Aster Business Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | astercap.in |
Business activity
The main business activity of Aster Business Research is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Aster Business Research Private Limited
FY 2026 filings availableAster Business Research Private Limited reported revenue of ₹1.93 Cr (up 190% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 190% growth in the latest year. EBITDA rose 388% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.29 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.7% | ||||
| Net Profit Margin | 66.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aster Business Research Private Limited, buy the company report.
Board of directors of Aster Business Research Private Limited
Aster Business Research has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inder Vikram Singh Achreja Also directs: Excelsyor Advisors LLP | Director | 25 Apr 2002 | 24 Years 6 Months | Current |
| Sonia Suri Achreja | Director | 24 Apr 2002 | 24 Years 6 Months | Current |
| Vanika Suri Achreja | Director | 18 May 2015 | 11 Years 5 Months | Current |
Auditor
Aster Business Research Private Limited is audited by NGS & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NGS & Co. LLP | FY 2022 | 119850W |
Shareholding
The shareholding of Aster Business Research Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aster Business Research Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aster Business Research 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 Aster Business Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aster Business Research has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA4726M1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aster Business Research Private Limited, buy the company report.
Recent activity
Aster Business Research Private Limited has 5 board changes on record since 2002: 3 appointments and 2 cessations. The latest: Rashmi Rajesh Duggal ceased to be Director on 01 Aug 2017.
Frequently asked questions
Aster Business Research is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 24 April 2002 (24+ years old) and is registered under CIN U70200MH2002PTC135630.
Aster Business Research has 3 current directors:
- Inder Vikram Singh Achreja - Director
- Sonia Suri Achreja - Director
- Vanika Suri Achreja - Director
The latest financial statements of Aster Business Research on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Aster Business Research is 27AAFCA4726M1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aster Business Research is U70200MH2002PTC135630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aster Business Research was incorporated on 24 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Rashmi Rajesh Duggal ceased to be Director on 01 Aug 2017. Vanika Suri Achreja ceased to be Additional Director on 30 Sep 2015. Vanika Suri Achreja was appointed as Director on 18 May 2015. Aster Business Research has 5 board changes on record in total.
Aster Business Research can be reached through the website astercap.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aster Business Research is at A – 1901 Lokhandwala Residency Towers Lr Papan Marg, Worli, Mumbai, Maharashtra, India – 400018.
Aster Business Research operates in the financial services industry, in the diversified financial services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
