Asawa Insulation Private Limited

Asawa Insulation Private Limited - energy and power in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2010PTC200851 Incorporated 12 March 2010 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company energy and power MSME · Medium
Data last updated
Revenue · FY 2025
₹147.5 Cr
▲ 6% YoY
Net profit · FY 2025
₹7.52 Cr
Net margin 5.1%
EBITDA · FY 2025
₹17.07 Cr
EBITDA margin 11.6%
Authorised capital
₹41.67 Lakh
Registered with MCA
Paid-up capital
₹41.67 Lakh
Issued & subscribed
Open charges
₹101.52 Cr
Satisfied ₹12.2 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
210
Provident fund records

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.

Company Details of Asawa Insulation Private Limited
CIN U74900MH2010PTC200851
Registration Number 200851
Incorporation Date 12 March 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0005387

Recognitions & Rankings of Asawa Insulation

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-33-0005387
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Office No. 805 8th Floor Cyber One Plot No. 4 & 6 Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400705
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Asawa Insulation Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Asawa Insulation Private Limited

Asawa Insulation operates one associated brand: Asawa. Each brand links to its own profile.

BrandDescriptionWebsite
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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical productsLocked
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Turnover share and past changes in activity are in the company report.

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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.

Revenue · FY 2025
₹147.5 Cr ▲ 6%
Net profit · FY 2025
₹7.52 Cr margin 5.1%
EBITDA · FY 2025
₹17.07 Cr margin 11.6%

Compounded Annual Growth Rate (CAGR) of Asawa Insulation Private Limited

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 23%
5 years · compounded
▲ 25%
EBITDA CAGR growth
3 years · compounded
▲ 27%
5 years · compounded
▲ 27%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.6%••••••••••••••••
Net Profit Margin5.1%••••••••••••••••
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.

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Financial statements from 2015

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Board of Directors of Asawa Insulation Private Limited

Asawa Insulation has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Shyamsunder Balchand AsawaDirector12 Mar 201016 Years 7 MonthsCurrent
Manish AsawaDirector12 Mar 201016 Years 7 MonthsCurrent
Raj Kumari AsawaDirector12 Mar 201016 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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.

NameStatusAppointment DateCessation Date
E A Patil & Associates LLPLockedLockedLocked
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Ownership and Shareholding of Asawa Insulation Private Limited

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Charges & Borrowings of Asawa Insulation Private Limited

Open charges
₹101.52 Cr
Satisfied charges
₹12.2 Cr
Breakdown by lending institutions
Others₹60.74 Cr
The South Indian Bank Limited₹24.04 Cr
Sidbi₹15.78 Cr
Hdfc Bank Limited₹0.97 Cr
Latest charge details
DateLenderAmountStatus
28 Jan 2025Hdfc Bank Limited₹40 LakhOpen
06 Mar 2024Sidbi₹1.2 CrOpen
12 Feb 2024Sidbi₹97.14 LakhOpen
06 Jun 2023Others₹1.2 CrOpen
06 Jun 2023Others₹2.37 CrOpen

Total charge records: 32 View all charges

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)

SupplierAmount dueDue sinceReported on
E A Patil & Associates LLP••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
Urja Sealants Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.

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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 count
210
Active EPFO establishments
1
Employee growth
16.67%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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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.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 101039204 was registered on 28 Jan 2025.
Charges
A charge with Others of Rs. 1,950.00 Lakh registered on 22 Nov 2022 with Charge ID 100648239 was modified on 03 Dec 2024.
AGM
Asawa Insulation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 318.70 Lakh registered on 18 Jul 2022 with Charge ID 100605260 was modified on 22 Aug 2024.
Filing
Asawa Insulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Sidbi amounted to Rs. 120.47 Lakh with Charge ID 100882047 was registered on 06 Mar 2024.
Charges
A charge with Sidbi amounted to Rs. 97.14 Lakh with Charge ID 100876103 was registered on 12 Feb 2024.
Charges
A charge with Others of Rs. 2,187.00 Lakh registered on 18 Jul 2022 with Charge ID 100605270 was modified on 08 Nov 2023.
Charges
A charge with Others of Rs. 620.00 Lakh registered on 19 Apr 2021 with Charge ID 100449623 was modified on 25 Oct 2023.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100731450 was registered on 06 Jun 2023.
Charges
A charge with Others amounted to Rs. 237.00 Lakh with Charge ID 100731447 was registered on 06 Jun 2023.
Charges
A charge with The South Indian Bank Limited of Rs. 2,396.35 Lakh registered on 16 Nov 2015 with Charge ID 10612040 was modified on 29 May 2023.

38 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Asawa Insulation Private Limited

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Subsidiaries & Group Companies of Asawa Insulation Private Limited

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GST Compliance of Asawa Insulation Private Limited

Asawa Insulation has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
27AAICA3031C1Z9MaharashtraActive01 Jul 2017
19AAICA3031C1Z6West BengalActive01 Jul 2017
36AAICA3031C1ZATelanganaActive25 Feb 2020
07AAICA3031C1ZBDelhiActive16 Apr 2022
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Asawa Insulation Private Limited

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MCA filings and documents

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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:

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).

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