Apsara Art Materials Pvt Ltd
About Apsara Art Materials Pvt Ltd
Data last updated:
Apsara Art Materials Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 14 September 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36991MH1982PTC028213. Its GSTIN is 27AAACA0969K3ZH (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹49.7 Lakh. It is led by directors Harendra Bhaidas Sanghvi and Dhruman Kishore Sanghvi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 510 Himalaya House79 Palton Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.17 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Cr (net margin 42.2%) and EBITDA of ₹3.45 Cr (EBITDA margin 66.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 36% over five years.
As per MCA filings, the company has satisfied charges of ₹2.53 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address510 Himalaya House79 Palton Road, Mumbai, Maharashtra, India – 400001
- IndustryEducation, Office & School Supplies
- 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 Apsara Art Materials Pvt Ltd
The main business activity of Apsara Art Materials is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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.
Auditor Details of Apsara Art Materials Pvt Ltd
Apsara Art Materials Pvt Ltd is audited by CHATURVEDI AND SHAH LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHATURVEDI AND SHAH LLP | 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 Apsara Art Materials Pvt Ltd
Apsara Art Materials 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 |
|---|---|---|---|---|
| Harendra Bhaidas Sanghvi Also directs: Apsara Plastics Pvt Ltd, Kirti Stationers Private Limited, Hindustan Pencils Private Limited and 2 more | Director | 23 Aug 1989 | 37 Years 1 Months | Current |
| Dhruman Kishore Sanghvi | Director | 22 Apr 2013 | 13 Years 5 Months | Current |
Financials of Apsara Art Materials Pvt Ltd FY 2025 filings available
Apsara Art Materials Pvt Ltd reported revenue of ₹5.17 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Apsara Art Materials Pvt Ltd
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA rose 38% 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 Apsara Art Materials Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.18 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 of Apsara Art Materials Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 42.2% | •••• | •••• | •••• | •••• |
| 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 Apsara Art Materials 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.
Ownership and Shareholding of Apsara Art Materials Pvt Ltd
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 Apsara Art Materials Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 1996 | The Saraswat Co-Op. Bank Ltd. | ₹88,652 | Satisfied |
| 10 May 1996 | The Saraswat Co-Op. Bank Ltd. | ₹7 Lakh | Satisfied |
| 27 Sep 1995 | The Saraswat Co-Op. Bank Ltd. | ₹1.25 Cr | Satisfied |
| 26 Dec 1994 | Bharat Overseas Bank Ltd. | ₹5 Lakh | Satisfied |
| 29 Oct 1994 | Canara Bank | ₹7.5 Lakh | Satisfied |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Apsara Art Materials Pvt Ltd
Apsara Art Materials Pvt Ltd has a workforce of 0 employees as of Apr 06, 2024.
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.
GST Compliance of Apsara Art Materials Pvt Ltd
Apsara Art Materials has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA0969K3ZH | Maharashtra | Active | 06 Nov 2020 |
| 24AAACA0969K1ZP | 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.
Legal Cases of Apsara Art Materials Pvt Ltd
Apsara Art Materials Pvt Ltd has 6 court cases on record: 2 filed by Apsara Art Materials, 3 filed against it, 1 where it is another party. 1 case is pending and 5 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Appeal | Filed by the company against an individual | Pending |
| District court, Kollam, Kerala | Court case (AS) | Filed by the company against an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax - 2 Mumbai | Disposed |
| High Court of Gujarat | Court case (AO) | Company is another party | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by Commissioner of Income Tax, Central-Iii, Mumbai | Disposed |
Full case history
All 6 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.
Credit Ratings, Litigation & Regulatory Alerts for Apsara Art Materials Pvt Ltd
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 Apsara Art Materials Pvt Ltd
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 Apsara Art Materials Pvt Ltd
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.
MCA Filings & Documents of Apsara Art Materials Pvt Ltd
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.
Recent Activity on Apsara Art Materials Pvt Ltd
Frequently Asked Questions about Apsara Art Materials Pvt Ltd
Apsara Art Materials is an active private limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 14 September 1982 (44+ years old) and is registered under CIN U36991MH1982PTC028213.
Apsara Art Materials reported revenue of ₹5.17 Cr for FY 2025 (down 10% YoY).
Apsara Art Materials has 2 current directors:
- Harendra Bhaidas Sanghvi - Director
- Dhruman Kishore Sanghvi - Director
Apsara Art Materials reported a net profit of ₹2.18 Cr (net margin 42.2%) and EBITDA of ₹3.45 Cr (EBITDA margin 66.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Apsara Art Materials is 28% over three years and 36% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Apsara Art Materials is 27AAACA0969K3ZH, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACA0969K1ZP (Gujarat).
The CIN (Corporate Identification Number) of Apsara Art Materials is U36991MH1982PTC028213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apsara Art Materials has 6 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Apsara Art Materials was incorporated on 14 September 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.