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About Aquatech Systems (Asia) Private Limited
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Aquatech Systems (Asia) Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Aquatech International Corporation. It operates in the water treatment segment of the environmental services sector. It was incorporated on 14 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29197PN1986PTC013151. Its GSTIN is 27AABCA1850C1Z9 (Maharashtra). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹2.15 Cr. It is led by directors including Amit Sharma and Devesh Sharma.
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 S No. 244/2 Rajiv Gandhi Infotech Park Hinjewadi, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,082.07 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹83.66 Cr (net margin 7.7%) and EBITDA of ₹136.17 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 32% over five years.
The company has about 352 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Aquatech. As per MCA filings, the company has open charges of ₹574.7 Cr and satisfied charges of ₹368.64 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aquatech.com.
Company details
CIN history
Aquatech Systems (Asia) has one previous CIN (Corporate Identification Number): U29197PN1998PTC013151. The current CIN is U29197PN1986PTC013151, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29197PN1986PTC013151 | Current |
| U29197PN1998PTC013151 | Previous |
Contact details
Aquatech Systems (Asia) Private Limited's registered office is in Pune, Maharashtra. Its website is aquatech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS No. 244/2 Rajiv Gandhi Infotech Park Hinjewadi, Pune, Maharashtra, India – 411057
- IndustryEnvironment, Water Treatment
To see the full contact details of Aquatech Systems (Asia) 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
Aquatech Systems (Asia) operates one associated brand: Aquatech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Desalination, membrane systems, and wastewater treatment services are provided. | aquatech.com |
Business activity
The main business activity of Aquatech Systems (Asia) is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Aquatech Systems (Asia) Private Limited, buy the company report.
Financials of Aquatech Systems (Asia) Private Limited
FY 2025 filings availableAquatech Systems (Asia) Private Limited reported revenue of ₹1,082.07 Cr (up 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 60% growth in the latest year. EBITDA rose 83% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹136.17 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹83.66 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 7.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aquatech Systems (Asia) Private Limited, buy the company report.
Board of directors of Aquatech Systems (Asia) Private Limited
Aquatech Systems (Asia) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Sharma Also directs: Aquatech Intelligence Private Limited | Director | 21 Jul 2017 | 9 Years 3 Months | Current |
| Devesh Sharma | Director | 27 Sep 1995 | 31 Years 0 Months | Current |
| Dhrubojoti Banerjee Also directs: Wex Technologies Private Limited, Aquatech Water Solutions Private Limited, Aquatech Intelligence Private Limited and 1 more | Director | 25 Jan 2021 | 5 Years 8 Months | Current |
| Venkatesh Nath Sharma | Director | 01 Sep 1993 | 33 Years 1 Months | Current |
Peer comparison
Aquatech Systems (Asia) Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jwil Infra Limited | ₹1,900 Cr (FY 2025) | -13.0% | Uttar Pradesh, India | |||
| Vishvaraj Environment Limited | ₹1,780.65 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| Eco Protection Engineers Private Limited | ₹1,433.09 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Aquatech Systems (Asia) Private Limitedthis company | ₹1,082.07 Cr (FY 2025) | ₹83.66 Cr | 7.7% | 60.0% | 352 | Pune, Maharashtra, India |
| Veolia Water Technologies and Solutions (India) Private Limited | ₹896.4 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Aquatech Systems (Asia) Private Limited, buy the company report.
Auditor
Aquatech Systems (Asia) Private Limited is audited by MSKA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Aquatech Systems (Asia) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aquatech Systems (Asia) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2025 | 101064359 | Others | ₹29.31 Cr | Open | |
| 27 Nov 2024 | 101018611 | Others | ₹39 Cr | Open | |
| 25 Jun 2024 | 100947523 | Others | ₹7 Cr | Open | |
| 03 Apr 2024 | 100909008 | Others | ₹19.49 Cr | Open | |
| 17 Nov 2022 | 100647189 | Others | ₹30 Cr | Open |
To see the full charge records of Aquatech Systems (Asia) Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Aquatech Systems (Asia) Private Limited has 6 court cases on record: 4 filed by Aquatech Systems (Asia), 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Icici Bank Limited and 2 others | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against SKS Power Generation Ltd Etc 1 and 2 others | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by SKS Power Generation Chattisgarh Ltd | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against SKS Power Generation Chattisgarh Ltd Etc 1 and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Aquatech Systems (Asia) Private Limited, buy the company report.
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 & regulatory alerts
Aquatech Systems (Asia) Private Limited was last rated by Icra on 21 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 May 2021 |
To see the full credit ratings and regulatory alerts of Aquatech Systems (Asia) Private Limited, buy the company report.
MSME payment delays
Aquatech Systems (Asia) Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 74 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ana Laboratories Private Limited | |||
| an individual supplier | |||
| Mmp-Filtration Private Limited | |||
| Shashwat Enterprises |
To see the full MSME payment records of Aquatech Systems (Asia) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Aquatech Systems (Asia) has 2 subsidiary companies and 5 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Wex Technologies Private Limited | U24231PN2001PTC015940 | |
| Qua Water Technilogies Private Limited | U41000MH1970PTC014995 |
To see the full group structure of Aquatech Systems (Asia) Private Limited, buy the company report.
Employees & EPFO
Aquatech Systems (Asia) Private Limited has a workforce of 352 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Aquatech Systems (Asia) has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA1850C1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 37AABCA1850C1Z8 | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AABCA1850C2ZF | Tamil Nadu | Active | 01 Aug 2023 |
| 24AABCA1850C2ZE | Gujarat | Active | 21 Sep 2023 |
To see the full GST registrations and return filing status of Aquatech Systems (Asia) Private Limited, buy the company report.
Recent activity
Aquatech Systems (Asia) Private Limited has 8 board changes on record since 1993: 4 appointments and 4 cessations. The latest: Ramesh Chandra Jaitly ceased to be Director on 26 May 2022.
20 earlier events are in the company report.
News
Frequently asked questions
Aquatech Systems (Asia) is an active private limited company based in Pune, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 14 October 1986 (40+ years old) and is registered under CIN U29197PN1986PTC013151.
Aquatech Systems (Asia) has 4 current directors:
- Amit Sharma - Director
- Devesh Sharma - Director
- Dhrubojoti Banerjee - Director
- Venkatesh Nath Sharma - Director
The latest financial statements of Aquatech Systems (Asia) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aquatech Systems (Asia) is 27AABCA1850C1Z9, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 37AABCA1850C1Z8 (Andhra Pradesh), 33AABCA1850C2ZF (Tamil Nadu), 24AABCA1850C2ZE (Gujarat).
The CIN (Corporate Identification Number) of Aquatech Systems (Asia) is U29197PN1986PTC013151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aquatech Systems (Asia) has 6 court cases on record: 4 filed by the company and 2 filed against it.
Aquatech Systems (Asia) was incorporated on 14 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Aquatech Systems (Asia) by revenue are Jwil Infra Limited, Vishvaraj Environment Limited, Eco Protection Engineers Private Limited, Veolia Water Technologies and Solutions (India) Private Limited, all in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply).
Ramesh Chandra Jaitly ceased to be Director on 26 May 2022. Dhrubojoti Banerjee was appointed as Director on 25 Jan 2021. Amit Sharma ceased to be Additional Director on 29 Sep 2017. Aquatech Systems (Asia) has 8 board changes on record in total.
Aquatech Systems (Asia) has 3 MSME Form 1 returns on record between 2023 and 2024, listing 74 overdue payments to 17 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Aquatech Systems (Asia) can be reached through the website aquatech.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Aquatech Systems (Asia) is at S No. 2442 Rajiv Gandhi Infotech Park Hinjewadi, Pune, Maharashtra, India – 411057.