Aakar Processors Private Limited
About Aakar Processors Private Limited
Data last updated:
Aakar Processors Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 21 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1994PTC021582. Its GSTIN is 24AABCA9850A1Z3 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.76 Cr. It was formerly known as Aakar Processors Ltd. It is led by directors Taruna Navalkishore Rathi and Navalkishore Liladhar Rathi.
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 Plot No. B/57 B/58 B/59 B/60 Block No.69 Opp. Aaiswarya Dyeing Vaareli, Surat, Gujarat, India – 394235.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.35 Lakh, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹44.58 Lakh (net margin 68.2%) and EBITDA of ₹44.61 Lakh (EBITDA margin 68.3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹2.24 Cr and satisfied charges of ₹7.05 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. B/57 B/58 B/59 B/60 Block No.69 Opp. Aaiswarya Dyeing Vaareli, Surat, Gujarat, India – 394235
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Aakar Processors Private Limited
The main business activity of Aakar Processors is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aakar Processors Private Limited FY 2024 filings available
Aakar Processors Private Limited reported revenue of ₹65.35 Lakh (up 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aakar Processors Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 46% growth in the latest year. EBITDA rose 86% 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 of Aakar Processors Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹44.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.58 Lakh | •••• | •••• | •••• | •••• |
| 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 of Aakar Processors Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 68.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aakar Processors are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aakar Processors Private Limited
Aakar Processors Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smith Auto Private Limited | ₹66 Lakh (FY 2024) | •••• | •••• | 632.0% | •••• | Rajasthan, India |
| Salutary Softech Private Limited | ₹65.74 Lakh (FY 2021) | •••• | •••• | -29.0% | •••• | Delhi, India |
| Brightsun Equity Finvest Private Limited | ₹65.74 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Chakadola Mining Private Limited | ₹65.68 Lakh (FY 2025) | •••• | •••• | 77.0% | •••• | Barbil, Odisha, India |
| Shubh Aluminium Private Limited | ₹65.46 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Udaipur, Rajasthan, India |
| Aakar Processors Private Limited this company | ₹65.35 Lakh (FY 2024) | •••• | •••• | 46.0% | •••• | Surat, Gujarat, India |
| Essess Amalgamates Private Limited | ₹65.1 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Goa, India |
| Neha Intertrade Pvt Ltd | ₹65.09 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | Kolkata, West Bengal, India |
| Finewood Nirman Private Limited | ₹64.91 Lakh (FY 2025) | •••• | •••• | -58.0% | •••• | New Delhi, Delhi, India |
| Jai Ambey Coal Benefication Private Limited | ₹64.87 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Raipur, Chhattisgarh, India |
| Purv Enterprises Private Limited | ₹64.85 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | Barwani, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Aakar Processors by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aakar Processors Private Limited
Aakar Processors Private Limited is audited by NIKHIL CHANDAK for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKHIL CHANDAK | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aakar Processors Private Limited
Aakar Processors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Taruna Navalkishore Rathi | Director | 29 Jul 2002 | 24 Years 2 Months | Current |
| Navalkishore Liladhar Rathi Also directs: Maheshwari Starters' Foundation, Jaisalmer Maheshwari Foundation | Director | 21 Mar 1994 | 32 Years 6 Months | Current |
Ownership and Shareholding of Aakar Processors Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aakar Processors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2019 | City Union Bank Limited | ₹2.24 Cr | Open |
| 09 Apr 2010 | Bank of Baroda | ₹50 Lakh | Satisfied |
| 28 Jun 2006 | State Bank of Saurashtra | ₹1 Cr | Satisfied |
| 27 Jan 2006 | Bank of Baroda | ₹1.5 Cr | Satisfied |
| 16 Jan 2006 | Bank of Baroda | ₹1.5 Cr | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Aakar Processors Private Limited
Aakar Processors Private Limited has 2 court cases on record: 2 filed by Aakar Processors. All cases are disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Aakar Processors Private Limited
Employment history and EPFO contributions of people linked to Aakar Processors.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Aakar Processors Private Limited
Aakar Processors has one previous CIN (Corporate Identification Number): U17119GJ1994PLC021582. The current CIN is U17119GJ1994PTC021582, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17119GJ1994PTC021582 | Current |
| U17119GJ1994PLC021582 | Previous |
Recent Activity on Aakar Processors Private Limited
Aakar Processors Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Liladhar Mohanlal Sarda ceased to be Director on 31 Mar 2016.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aakar Processors Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aakar Processors Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aakar Processors Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aakar Processors Private Limited
Aakar Processors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA9850A1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aakar Processors Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aakar Processors Private Limited
Aakar Processors is an active private limited company based in Surat, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 21 March 1994 (32+ years old) and is registered under CIN U17119GJ1994PTC021582.
Aakar Processors reported revenue of ₹65.35 Lakh for FY 2024 (up 46% YoY).
Aakar Processors has 2 current directors:
- Taruna Navalkishore Rathi - Director
- Navalkishore Liladhar Rathi - Director
Aakar Processors reported a net profit of ₹44.58 Lakh (net margin 68.2%) and EBITDA of ₹44.61 Lakh (EBITDA margin 68.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aakar Processors is 34% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aakar Processors is 24AABCA9850A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Aakar Processors is U17119GJ1994PTC021582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakar Processors has 2 court cases on record: 2 filed by the company.
Aakar Processors was incorporated on 21 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aakar Processors by revenue are Smith Auto Private Limited, Salutary Softech Private Limited, Brightsun Equity Finvest Private Limited, Chakadola Mining Private Limited, Shubh Aluminium Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Liladhar Mohanlal Sarda ceased to be Director on 31 Mar 2016. Pankaj Srikishan Bisani ceased to be Director on 16 Sep 2008. Taruna Navalkishore Rathi was appointed as Director on 29 Jul 2002. Aakar Processors has 4 board changes on record in total.