- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-06-0000835

About Afloat Enterprises Limited
Data last updated:
Afloat Enterprises Limited is a public limited company based in New Delhi, Delhi, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 08 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L46209DL2015PLC275150. Its GSTIN is 07AANCA2161J2ZL (Delhi). It is a listed company as per MCA records. Its shares are listed on BSE: 543377.
The company has an authorised share capital of ₹19.56 Cr and a paid-up capital of ₹12.56 Cr. It was formerly known as Adinath Iron and Steel Private Limited and Adishakti Loha and Ispat Private Limited. It is led by directors including Pawan Kumar Mittal and Swati Jain.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot 3 Shop 325 Dda C.Cntr Aggarwal Plaza Sec – 14 Rohi, Ni, New Delhi, Delhi, India – 110085.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1.8 Cr, a decline of 70.5% compared to the previous year. For the same year it recorded a net profit of ₹1 Lakh (net margin 0.6%) and EBITDA of -₹10 Lakh (EBITDA margin -5.6%). The net worth stands at ₹15.63 Cr (up 0% YoY). Total assets are valued at ₹16.12 Cr (up 3.1% YoY).
The company is associated with 1 brand: Adishakti Loha. As per MCA filings, the company has satisfied charges of ₹90 Lakh on record. The company has 82 deals on record (76 market trades, 4 secondary share transfers, 1 rights issue); the latest was in August 2026. Its 4 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is A.Rushabh Trade Link Private Limited with revenue of ₹6.57 Cr.
Afloat Enterprises Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0000835). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adishaktiloha.com.
Company details
Name history
Afloat Enterprises has undergone 3 name changes throughout its history. The company was previously known as Adinath Iron And Steel Private Limited, Adishakti Loha And Ispat Private Limited, and Aawas Infratech Private Limited. The current legal name is Afloat Enterprises Limited.
| Company Name | Status |
|---|---|
| Afloat Enterprises Limited | Current |
| Adinath Iron And Steel Private Limited | Previous |
| Adishakti Loha And Ispat Private Limited | Previous |
| Aawas Infratech Private Limited | Previous |
CIN history
Afloat Enterprises has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L46209DL2015PLC275150, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L46209DL2015PLC275150 | Current |
| U70102DL2015PTC275150 | Previous |
| U51909DL2015PLC275150 | Previous |
| L51909DL2015PLC275150 | Previous |
| U51909DL2015PTC275150 | Previous |
Recognitions & Rankings of Afloat Enterprises
Contact details
Afloat Enterprises Limited's registered office is in New Delhi, Delhi. Its website is adishaktiloha.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot 3 Shop 325 Dda C.Cntr Aggarwal Plaza Sec – 14 Rohi, Ni, New Delhi, Delhi, India – 110085
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Afloat Enterprises 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
Afloat Enterprises operates one associated brand: Adishakti Loha. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of iron and steel products | adishaktiloha.com |
Business activity
The main business activity of Afloat Enterprises 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 Afloat Enterprises Limited, buy the company report.
Financials of Afloat Enterprises Limited
FY 2025-26 filings availableAfloat Enterprises Limited reported revenue of ₹1.8 Cr (down 70.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1.80 | 6.10 | 1.89 | 3.74 | 5.98 | 11.28 | 10.95 |
| Revenue growth | -70.5% | +222.8% | -49.5% | -37.5% | -47.0% | +3.0% | - |
| EBITDA | (0.10) | 0.05 | (0.35) | (0.21) | (0.20) | (0.08) | (0.01) |
| EBITDA margin | -5.6% | +0.8% | -18.5% | -5.6% | -3.3% | -0.7% | -0.1% |
| Profit before tax | 0.01 | 0.39 | 0.08 | 0.09 | (0.01) | 0.00 | (0.01) |
| Net profit | 0.01 | 0.29 | 0.02 | 0.07 | 0.02 | 0.00 | (0.02) |
| Net profit margin | +0.6% | +4.8% | +1.1% | +1.9% | +0.3% | 0.0% | -0.2% |
| EPS (₹) | 0.00 | 0.60 | 0.06 | 0.16 | 0.02 | 0.01 | (0.08) |
| Balance sheet | |||||||
| Total assets | 16.12 | 15.64 | 5.12 | 5.10 | 5.02 | 3.00 | 3.01 |
| Net worth | 15.63 | 15.63 | 5.11 | 5.08 | 5.01 | 3.00 | 3.00 |
| Total debt | 0.47 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Cash & bank | 0.02 | 0.18 | 0.02 | 0.03 | 0.05 | 0.64 | 0.18 |
| Net working capital | 16.10 | 15.62 | 5.08 | 5.05 | 4.95 | 2.94 | 3.02 |
| Cash flow | |||||||
| Cash from operations | (0.73) | (10.43) | (0.39) | (0.33) | (3.02) | 4.60 | (2.85) |
| Cash from investing | 0.11 | 0.35 | 0.38 | 0.32 | 0.42 | (4.12) | 0.00 |
| Cash from financing | 0.46 | 10.23 | 0.00 | 0.00 | 2.00 | (0.02) | 3.00 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.80 | 6.10 | 1.89 | 3.74 | 5.98 | 11.28 | 10.95 |
| Revenue growth | -70.5% | +222.8% | -49.5% | -37.5% | -47.0% | +3.0% | - |
| Other income | 0.11 | 0.35 | 0.44 | 0.32 | 0.37 | 0.10 | 0.00 |
| Total expenses | 1.90 | 6.05 | 2.24 | 3.95 | 6.18 | 11.36 | 10.96 |
| Employee cost | 0.48 | 0.40 | 0.15 | 0.23 | 0.20 | 0.16 | 0.03 |
| EBITDA | (0.10) | 0.05 | (0.35) | (0.21) | (0.20) | (0.08) | (0.01) |
| EBITDA margin | -5.6% | +0.8% | -18.5% | -5.6% | -3.3% | -0.7% | -0.1% |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.02 | 0.03 | 0.02 | 0.00 |
| Interest | 0.00 | 0.01 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 |
| Profit before tax | 0.01 | 0.39 | 0.08 | 0.09 | (0.01) | 0.00 | (0.01) |
| Tax | 0.00 | 0.10 | 0.06 | 0.02 | (0.03) | 0.00 | 0.01 |
| Net profit | 0.01 | 0.29 | 0.02 | 0.07 | 0.02 | 0.00 | (0.02) |
| Net profit margin | +0.6% | +4.8% | +1.1% | +1.9% | +0.3% | 0.0% | -0.2% |
| EPS (₹) | 0.00 | 0.60 | 0.06 | 0.16 | 0.02 | 0.01 | (0.08) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.56 | 4.56 | 4.56 | 4.56 | 4.56 | 2.74 | 2.74 |
| Reserves & surplus | 3.07 | 0.83 | 0.55 | 0.52 | 0.45 | 0.26 | 0.26 |
| Shareholders' funds (net worth) | 15.63 | 15.63 | 5.11 | 5.08 | 5.01 | 3.00 | 3.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.47 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Total debt | 0.47 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Total liabilities | 16.12 | 15.64 | 5.12 | 5.10 | 5.02 | 3.00 | 3.01 |
| Assets | |||||||
| Gross block | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.07 | 0.00 |
| Net block | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.05 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 11.02 | 12.40 | 0.00 | 0.00 | 0.17 | 0.00 | 0.00 |
| Sundry debtors | 0.82 | 6.28 | 0.00 | 1.35 | 0.95 | 0.30 | 7.67 |
| Cash & bank balances | 0.02 | 0.18 | 0.02 | 0.03 | 0.05 | 0.64 | 0.18 |
| Loans & advances | 4.33 | 0.89 | 5.12 | 4.02 | 4.14 | 5.33 | 1.51 |
| Total current assets | 16.19 | 19.75 | 5.14 | 5.40 | 5.31 | 6.27 | 9.36 |
| Total current liabilities | 0.09 | 4.13 | 0.06 | 0.35 | 0.36 | 3.33 | 6.34 |
| Net working capital | 16.10 | 15.62 | 5.08 | 5.05 | 4.95 | 2.94 | 3.02 |
| Total assets | 16.12 | 15.64 | 5.12 | 5.10 | 5.02 | 3.00 | 3.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.18 | 0.02 | 0.03 | 0.05 | 0.64 | 0.18 | 0.03 |
| Net cash from operating activities | (0.73) | (10.43) | (0.39) | (0.33) | (3.02) | 4.60 | (2.85) |
| Net cash from investing activities | 0.11 | 0.35 | 0.38 | 0.32 | 0.42 | (4.12) | 0.00 |
| Net cash from financing activities | 0.46 | 10.23 | 0.00 | 0.00 | 2.00 | (0.02) | 3.00 |
| Net change in cash | (0.16) | 0.16 | (0.01) | (0.01) | (0.59) | 0.46 | 0.14 |
| Closing cash | 0.02 | 0.18 | 0.02 | 0.03 | 0.05 | 0.64 | 0.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -70.5% | +222.8% | -49.5% | -37.5% | -47.0% | +3.0% | - |
| EBITDA growth | -300.0% | +114.3% | -66.7% | -5.0% | -150.0% | -700.0% | -133.3% |
| PBT growth | -97.4% | +387.5% | -11.1% | +9998.0% | +9997.0% | +9997.0% | - |
| Net income growth | -96.6% | +1350.0% | -71.4% | +250.0% | - | +100.0% | -166.7% |
| Revenue CAGR (3Y) | -21.6% | +0.7% | -44.9% | -30.1% | +484.2% | - | - |
| EBITDA CAGR (3Y) | -21.9% | - | +63.6% | +175.9% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +0.6% | +4.8% | +1.1% | +1.9% | +0.3% | 0.0% | -0.2% |
| Return on capital employed | 0.0% | +3.8% | +1.6% | +1.8% | +3.2% | 0.0% | 0.0% |
| Return on net worth | 0.0% | +2.6% | +0.6% | +1.4% | +0.3% | 0.0% | 0.0% |
| Debt / equity | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Interest cover | 0.00 | 20.00 | 0.00 | 0.00 | -65.22 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 20.00 | 67.78 | 21.00 | 44.00 | 79.73 | 322.29 | 0.00 |
| Inventory turnover | 0.15 | 0.98 | 0.00 | 44.00 | 70.35 | 0.00 | 0.00 |
| Debtors turnover | 0.51 | 1.94 | 2.80 | 3.25 | 9.57 | 2.83 | 2.85 |
| EPS (₹) | 0.00 | 0.60 | 0.06 | 0.16 | 0.02 | 0.01 | (0.08) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 12.44 | 11.81 | 11.21 | 11.15 | 10.99 | 10.95 | 10.94 |
To see the full year-wise statements and ratios of Afloat Enterprises Limited, buy the company report.
Board of directors of Afloat Enterprises Limited
Afloat Enterprises has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Mittal Also directs: Rita Finance and Leasing Limited, Patback Business Limited, Dolf Leasing Limited and 3 more | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Swati Jain | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Kanwar Nitin Singh | Director | 02 Sep 2024 | 2 Years 2 Months | Current |
| Lovish Kataria | Director | 06 Sep 2023 | 3 Years 1 Months | Current |
| Ritika Bachhawat Also directs: Hindustan Green Energy Limited, Sampark India Logistics Limited | Director | 03 Sep 2026 | 0 Years 1 Months | Current |
| Indrajeet Pradhan Also directs: Zodiac Agro Chemicals Pvt Ltd. | Director | 03 Sep 2026 | 0 Years 1 Months | Current |
Peer comparison
Afloat Enterprises Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.Rushabh Trade Link Private Limited | ₹6.57 Cr (FY 2024) | -85.0% | Thane, Maharashtra, India | |||
| Shree Sathya Interiors Private Limited | ₹6.47 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Jain Metcast Private Limited | ₹6.44 Cr (FY 2025) | 11.0% | Dharsiwa, Chhattisgarh, India | |||
| Cross Bow Industries (OPC) Private Limited | ₹6.43 Cr (FY 2025) | 29.0% | Delhi, India | |||
| Afloat Enterprises Limitedthis company | ₹1.8 Cr (FY 2026) | ₹1 Lakh | 0.6% | -70.5% | New Delhi, Delhi, India |
To see the full peer comparison of Afloat Enterprises Limited, buy the company report.
Auditor
Afloat Enterprises Limited is audited by V.N PUROHIT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.N PUROHIT & CO | FY 2023 | 304040E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 16.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 83.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 16.60% | 37.70% | 37.50% | 37.50% |
| Public | 83.40% | 62.30% | 62.50% | 62.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2021 | 100453226 | Others | ₹90 Lakh | Satisfied |
To see the full charge records of Afloat Enterprises Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Afloat Enterprises Limited has 82 deals on record (76 market trades, 4 secondary share transfers, 1 rights issue); the latest was in August 2026.
Deals on record (5 of 82)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹11.8 Lakh | Seller: Arora Fibres Limited |
| Aug 2026 | Market trade | ₹9.7 Lakh | Buyer: an individual Seller: Arora Fibres Limited |
| Aug 2026 | Market trade | ₹4.7 Lakh | Seller: Arora Fibres Limited |
| Aug 2026 | Market trade | ₹13.7 Lakh | Seller: Arora Fibres Limited |
| Aug 2026 | Market trade | ₹34.4 Lakh | Buyer: 3 individuals Seller: Arora Fibres Limited , Mahevarsh Fincon Private Limited , 2 individuals |
To see the full deal history of Afloat Enterprises Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Afloat Enterprises 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 Afloat Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Afloat Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AANCA2161J2ZL | Delhi | Active | 06 Dec 2019 |
To see the full GST registrations and return filing status of Afloat Enterprises Limited, buy the company report.
Recent activity
Afloat Enterprises Limited has 20 board changes on record since 2015: 14 appointments and 6 cessations. The latest: Indrajeet Pradhan was appointed as Director on 03 Sep 2026.
13 earlier events are in the company report.
Frequently asked questions
Afloat Enterprises is an active public limited company based in New Delhi, Delhi, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 08 January 2015 (11+ years old) and is registered under CIN L46209DL2015PLC275150. Listed on BSE: 543377.
Afloat Enterprises reported revenue of ₹1.8 Cr for FY 2025-26 (down 70.5% YoY) based on standalone financials.
Afloat Enterprises has 7 current directors:
- Pawan Kumar Mittal - Director
- Swati Jain - Director
- Kanwar Nitin Singh - Director
- Lovish Kataria - Director
- Ritika Bachhawat - Director
- Indrajeet Pradhan - Director
- Mohit Lochan - Director
The latest financial statements of Afloat Enterprises on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Afloat Enterprises is 07AANCA2161J2ZL, registered in Delhi.
The CIN (Corporate Identification Number) of Afloat Enterprises is L46209DL2015PLC275150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Afloat Enterprises is a listed company as per MCA records. Its shares are listed on BSE (code: 543377).
Afloat Enterprises was incorporated on 08 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Afloat Enterprises has 82 deals on record (76 market trades, 4 secondary share transfers, 1 rights issue); the latest was in August 2026.
The peers of Afloat Enterprises by revenue are A.Rushabh Trade Link Private Limited, Shree Sathya Interiors Private Limited, Jain Metcast Private Limited, Cross Bow Industries (OPC) Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Indrajeet Pradhan was appointed as Director on 03 Sep 2026. Mohit Lochan was appointed as Director on 03 Sep 2026. Ritika Bachhawat was appointed as Director on 03 Sep 2026. Afloat Enterprises has 20 board changes on record in total.

