- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0005387

About Asawa Insulation Private Limited
Data last updated:
Asawa Insulation Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 12 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC200851. Its GSTIN is 27AAICA3031C1Z9 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹41.67 Lakh and a paid-up capital of ₹41.67 Lakh. It is led by directors including Shyamsunder Balchand Asawa and Manish Asawa.
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 Office No. 805 8th Floor Cyber One Plot No. 4 & 6 Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.5 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.52 Cr (net margin 5.1%) and EBITDA of ₹17.07 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 25% over five years.
The company has about 210 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Asawa. As per MCA filings, the company has open charges of ₹101.52 Cr and satisfied charges of ₹12.2 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending.
Asawa Insulation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0005387). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asawainsulation.com.
Recognitions & Rankings of Asawa Insulation
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 805 8th Floor Cyber One Plot No. 4 & 6 Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Associated Brands with Asawa Insulation Private Limited
Asawa Insulation operates one associated brand: Asawa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Pre-Insulated Panels and accessories for HVAC and insulation applications. | asawainsulation.com |
Business Activity of Asawa Insulation Private Limited
The main business activity of Asawa Insulation is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical 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 Asawa Insulation Private Limited FY 2024 filings available
Asawa Insulation Private Limited reported revenue of ₹147.5 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asawa Insulation Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 6% growth 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 Asawa Insulation Private Limited
| 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 | ₹17.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.52 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 Asawa Insulation Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 Asawa Insulation 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.
Board of Directors of Asawa Insulation Private Limited
Asawa Insulation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamsunder Balchand Asawa Also directs: Vista Conchem Private Limited | Director | 12 Mar 2010 | 16 Years 7 Months | Current |
| Manish Asawa Also directs: Azeonics Private Limited | Director | 12 Mar 2010 | 16 Years 7 Months | Current |
| Raj Kumari Asawa | Director | 12 Mar 2010 | 16 Years 7 Months | Current |
Peer Comparison of Asawa Insulation Private Limited
Asawa Insulation Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Armor India Coding and Imaging Supplies Private Limited | ₹149.31 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Ramanagara, Karnataka, India |
| Roll Tubes Private Limited | ₹149.28 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Uttar Pradesh, India |
| Heungkuk India Private Limited | ₹148.86 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Khandala, Maharashtra, India |
| Tsubaki India Power Transmission Private Limited | ₹148.51 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kancheepuram, Tamil Nadu, India |
| CN Water Systems Private Limited | ₹148.42 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kalyan, Maharashtra, India |
| Asawa Insulation Private Limited this company | ₹147.5 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Navi Mumbai, Maharashtra, India |
| Resistoflex Dynamics Private Limited | ₹146.5 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Noida, Uttar Pradesh, India |
| Moog Controls (India) Private Limited | ₹146.48 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Primo Automation Systems Private Limited | ₹145.57 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Bhiwadi Cylinders Private Limited | ₹145.51 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Dimple Drums and Barrels Private Limited | ₹145.11 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Asawa Insulation by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Asawa Insulation Private Limited
Asawa Insulation Private Limited is audited by E A Patil & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| E A Patil & Associates 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.
Ownership and Shareholding of Asawa Insulation 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 Asawa Insulation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2025 | Hdfc Bank Limited | ₹40 Lakh | Open |
| 06 Mar 2024 | Sidbi | ₹1.2 Cr | Open |
| 12 Feb 2024 | Sidbi | ₹97.14 Lakh | Open |
| 06 Jun 2023 | Others | ₹1.2 Cr | Open |
| 06 Jun 2023 | Others | ₹2.37 Cr | Open |
Total charge records: 32 View all charges
Legal Cases of Asawa Insulation Private Limited
Asawa Insulation Private Limited has 4 court cases on record: 3 filed by Asawa Insulation, 1 filed against it. 3 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 2 |
| District courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O.(COMM.IPD-PAT)) | Filed against the company by Mechmaark Filtech India Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Mechmaark Filtech India Private Limited | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Enpal Aircon Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 4 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.
MSME Payment Delays by Asawa Insulation Private Limited
Asawa Insulation Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 35 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| E A Patil & Associates LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Urja Sealants Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Asawa Insulation Private Limited
Asawa Insulation Private Limited has a workforce of 210 employees as of Apr 04, 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.
Recent Activity on Asawa Insulation Private Limited
Asawa Insulation Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Manish Asawa was appointed as Director on 12 Mar 2010.
38 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asawa Insulation 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.
Subsidiaries & Group Companies of Asawa Insulation 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 Asawa Insulation Private Limited
Asawa Insulation has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA3031C1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 19AAICA3031C1Z6 | West Bengal | Active | 01 Jul 2017 |
| 36AAICA3031C1ZA | Telangana | Active | 25 Feb 2020 |
| 07AAICA3031C1ZB | Delhi | Active | 16 Apr 2022 |
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 Asawa Insulation 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 Asawa Insulation Private Limited
Asawa Insulation is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 12 March 2010 (16+ years old) and is registered under CIN U74900MH2010PTC200851.
Asawa Insulation reported revenue of ₹147.5 Cr for FY 2025 (up 6% YoY).
Asawa Insulation has 3 current directors:
- Shyamsunder Balchand Asawa - Director
- Manish Asawa - Director
- Raj Kumari Asawa - Director
Asawa Insulation reported a net profit of ₹7.52 Cr (net margin 5.1%) and EBITDA of ₹17.07 Cr (EBITDA margin 11.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asawa Insulation is 23% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asawa Insulation is 27AAICA3031C1Z9, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 19AAICA3031C1Z6 (West Bengal), 36AAICA3031C1ZA (Telangana), 07AAICA3031C1ZB (Delhi).
The CIN (Corporate Identification Number) of Asawa Insulation is U74900MH2010PTC200851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asawa Insulation has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Asawa Insulation was incorporated on 12 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asawa Insulation by revenue are Armor India Coding and Imaging Supplies Private Limited, Roll Tubes Private Limited, Heungkuk India Private Limited, Tsubaki India Power Transmission Private Limited, CN Water Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Manish Asawa was appointed as Director on 12 Mar 2010. Raj Kumari Asawa was appointed as Director on 12 Mar 2010. Shyamsunder Balchand Asawa was appointed as Director on 12 Mar 2010.
Yes, Asawa Insulation is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0005387).