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Asal Engineering Services Private Limited
Asal Engineering Services Private Limited - engineering in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.88 Cr
▼ 26% YoY
Net profit · FY 2025
₹13.78 Lakh
Net margin 1%
EBITDA · FY 2025
₹27.17 Lakh
EBITDA margin 2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.05 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Asal Engineering Services Private Limited
Data last updated:
Asal Engineering Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 18 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45309TN2018PTC124588. Its GSTIN is 33AARCA4073H1ZL (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aravind Sathyanarayanan and Mohamed Sathakathullah Sakir Shalim.
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 No. 4/36 Sriram Colony Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.88 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹13.78 Lakh (net margin 1%) and EBITDA of ₹27.17 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 102% over five years.
The company is associated with 1 brand: Asalindia. As per MCA filings, the company has open charges of ₹1.05 Cr on record.
Asal Engineering Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0013974).
Company details
CIN U45309TN2018PTC124588
Registration Number 124588
Incorporation Date 18 September 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-02-0013974
Recognitions & Rankings of Asal Engineering Services
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0013974
Contact details
Asal Engineering Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 4/36 Sriram Colony Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Asal Engineering Services Private Limited, buy the company report.
Comprehensive company report
Asal Engineering Services Private Limited - one report that includes everything
- 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
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Brands
Asal Engineering Services operates one associated brand: Asalindia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs, manufactures, and supplies Aluminium formwork systems for construction needs. | asalindia.com |
Business activity
The main business activity of Asal Engineering Services is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Asal Engineering Services Private Limited, buy the company report.
Financials of Asal Engineering Services Private Limited
FY 2025 filings availableAsal Engineering Services Private Limited reported revenue of ₹13.88 Cr (down 26% YoY) for FY 2025.
Revenue · FY 2025
₹13.88 Cr ▼ 26%
Net profit · FY 2025
₹13.78 Lakh margin 1%
EBITDA · FY 2025
₹27.17 Lakh margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 80%
5 years · compounded
▲ 102%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 40%
5 years · compounded
▲ 86%
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 102%. EBITDA fell 53% 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 |
|---|---|---|---|---|---|
| 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 | ₹27.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 2% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Asal Engineering Services Private Limited, buy the company report.
Board of directors of Asal Engineering Services Private Limited
Asal Engineering Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aravind Sathyanarayanan | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Mohamed Sathakathullah Sakir Shalim | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Asal Engineering Services Private Limited is audited by S SANTHANAGOPALAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SANTHANAGOPALAN & CO | FY 2023 | 003604S |
Shareholding
The shareholding of Asal Engineering Services 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 Asal Engineering Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2025 | 101037567 | Others | ₹1 Cr | Open | |
| 31 Jan 2022 | 100558720 | Hdfc Bank Limited | ₹5.06 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Asal Engineering Services 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 Asal Engineering Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asal Engineering Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AARCA4073H1ZL | Tamil Nadu | Active | 15 Nov 2018 |
To see the full GST registrations and return filing status of Asal Engineering Services Private Limited, buy the company report.
Recent activity
Asal Engineering Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Aravind Sathyanarayanan was appointed as Director on 18 Sep 2018.
AGM
Asal Engineering Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asal Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101037567 was registered on 27 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.06 Lakh with Charge ID 100558720 was registered on 31 Jan 2022.
Appointed
Aravind Sathyanarayanan was appointed as Director.
Appointed
Mohamed Sathakathullah Sakir Shalim was appointed as Director.
Incorporation
18 Sep 2018
Asal Engineering Services Private Limited was registered on 18 Sep 2018 with Roc Chennai & aged 8 years 1 month as per MCA records.
Frequently asked questions
Asal Engineering Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 18 September 2018 (8+ years old) and is registered under CIN U45309TN2018PTC124588.
Asal Engineering Services has 2 current directors:
- Aravind Sathyanarayanan - Director
- Mohamed Sathakathullah Sakir Shalim - Director
The latest financial statements of Asal Engineering Services 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 FY 2019 are in the company report.
The GSTIN of Asal Engineering Services is 33AARCA4073H1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Asal Engineering Services is U45309TN2018PTC124588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asal Engineering Services was incorporated on 18 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Aravind Sathyanarayanan was appointed as Director on 18 Sep 2018. Mohamed Sathakathullah Sakir Shalim was appointed as Director on 18 Sep 2018.
Yes, Asal Engineering Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Asal Engineering Services is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0013974).
The registered office of Asal Engineering Services is at No. 436 Sriram Colony Alwarpet, Chennai, Tamil Nadu, India – 600018.
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