Asawara Earthtech Limited
About Asawara Earthtech Limited
Data last updated:
Asawara Earthtech Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 10 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2007PLC051938. Its GSTIN is 24AAGCA5859C1ZT (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.75 Lakh. It was formerly known as Asawara Earthtech Private Limited. It is led by directors including Navneet Radheshyam Somani (Managing Director) and Sunilkumar Radheshyam Somani (Officer In Default).
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 5th Floor 510 Pramukh Tangent Complex Sargasan Cross Road S.G. Highway, Gandhinagar, Gujarat, India – 382421.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.57 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 7.1%) and EBITDA of ₹2.23 Cr (EBITDA margin 12.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.43 Cr and satisfied charges of ₹17.12 Cr on record. Court records list 1 case involving the company. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.03 Cr; the latest was in March 2024. Its 10 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution, Mining) are compared by revenue, 5 larger and 5 smaller; the largest is Om Shree Infra Projects Private Limited with revenue of ₹17.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address5th Floor 510 Pramukh Tangent Complex Sargasan Cross Road S.G. Highway, Gandhinagar, Gujarat, India – 382421
- IndustryMetals and Minerals, Construction Materials Retail & Distribution, Mining & Mineral Extraction
- 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 Asawara Earthtech Limited
The main business activities of Asawara Earthtech are mining and quarrying and trade. In detail, this covers other mining & quarrying activities and wholesale trading. 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 |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Asawara Earthtech Limited FY 2025 filings available
Asawara Earthtech Limited reported revenue of ₹17.57 Cr (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asawara Earthtech Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 51% fall in the latest year. EBITDA rose 1% 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 Asawara Earthtech Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.25 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 Asawara Earthtech Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| 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 Asawara Earthtech 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.
Peer Comparison of Asawara Earthtech Limited
Asawara Earthtech Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Shree Infra Projects Private Limited | ₹17.66 Cr (FY 2016) | •••• | •••• | -25.0% | •••• | Delhi, India |
| Arr Ess Industries Private Limited | ₹17.66 Cr (FY 2025) | •••• | •••• | -95.0% | •••• | Ludhiana, Punjab, India |
| Heavy Zinoy India Private Limited | ₹17.66 Cr (FY 2024) | •••• | •••• | 197.0% | •••• | Ahmedabad, Gujarat, India |
| Samadhan Merchandise Co Private Limited | ₹17.65 Cr (FY 2017) | •••• | •••• | 16.0% | •••• | Bardhaman, West Bengal, India |
| Gommateshwara Granites Private Limited | ₹17.59 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Bangalore, Karnataka, India |
| Asawara Earthtech Limited this company | ₹17.57 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | Gandhinagar, Gujarat, India |
| Mahira Infra Projects Private Limited | ₹17.46 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
| Floorcare Technologies Private Limited | ₹17.44 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Ajmera Marbles & Tiles Pvt Ltd | ₹17.44 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Shillong, Meghalaya, India |
| KPS Structure Makers Private Limited | ₹17.37 Cr (FY 2025) | •••• | •••• | -82.0% | •••• | New Delhi, Delhi, India |
| Gajlaxmi Concretes Private Limited | ₹17.32 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Asawara Earthtech by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Asawara Earthtech Limited
Asawara Earthtech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navneet Radheshyam Somani Also directs: Beezaasan Explotech Limited, Beezaasan Defence Industries Limited, Asawara Industries Limited and 1 more | Managing Director | 10 Oct 2007 | 19 Years 0 Months | Current |
| Sunilkumar Radheshyam Somani | Officer In Default | 06 Feb 2024 | 2 Years 8 Months | Current |
| Dashrath Singh Rathore Also directs: Beezaasan Safetycord Limited | Director | 21 Jan 2025 | 1 Years 8 Months | Current |
Charges & Borrowings of Asawara Earthtech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2025 | Hdfc Bank Limited | ₹67.5 Lakh | Open |
| 13 Jun 2023 | Hdfc Bank Limited | ₹5 Cr | Open |
| 15 Jun 2012 | Hdfc Bank Limited | ₹15.75 Cr | Open |
| 05 Apr 2023 | Hdfc Bank Limited | ₹28 Lakh | Satisfied |
| 03 Feb 2021 | Hdfc Bank Limited | ₹36.9 Lakh | Satisfied |
Total charge records: 24 View all charges
Deals & Funding of Asawara Earthtech Limited
Asawara Earthtech Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.03 Cr; the latest was in March 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Pamela Infraprojects Private Limited, Yahvi Infrastructure Private Limited, Jeevika Mercantile Private Limited |
| Mar 2011 | Funding round | ₹1.5 Cr | Investors: Adrika Telecommunications Private Limited , Snehome Developers & Real Estate Private Limited, Jeevika Mercantile Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sko Construction Private Limited , SBK Real Estate and Developers Private Limited , Ganraj Ventures Private Limited |
| Mar 2010 | Funding round | ₹40 Lakh | Investors: RSD Overseas Private Limited , Sunilkumar Radheshyam Somani-huf, Radheshyam Madanlal Shah-huf |
| Aug 2008 | Funding round | ₹1.13 Cr | Investors: Sunilkumar Radheshyam Somani-huf, Ganraj Ventures Private Limited , 2 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Asawara Earthtech Limited
Asawara Earthtech Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Asawara Earthtech Limited
Employment history and EPFO contributions of people linked to Asawara Earthtech.
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.
CIN History of Asawara Earthtech Limited
Asawara Earthtech has one previous CIN (Corporate Identification Number): U45201GJ2007PTC051938. The current CIN is U45201GJ2007PLC051938, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GJ2007PLC051938 | Current |
| U45201GJ2007PTC051938 | Previous |
Recent Activity on Asawara Earthtech Limited
Asawara Earthtech Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Dashrath Singh Rathore ceased to be Additional Director on 29 Sep 2025.
43 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asawara Earthtech 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.
MSME Payment Delays by Asawara Earthtech Limited
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 Asawara Earthtech 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 Asawara Earthtech Limited
Asawara Earthtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA5859C1ZT | 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.
MCA Filings & Documents of Asawara Earthtech 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 Asawara Earthtech Limited
Asawara Earthtech is an active public limited company based in Gandhinagar, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 10 October 2007 (19+ years old) and is registered under CIN U45201GJ2007PLC051938.
Asawara Earthtech reported revenue of ₹17.57 Cr for FY 2024 (down 51% YoY).
Asawara Earthtech has 3 current directors:
- Navneet Radheshyam Somani - Managing Director
- Dashrath Singh Rathore - Director
- Sunilkumar Radheshyam Somani - Officer In Default
Asawara Earthtech reported a net profit of ₹1.25 Cr (net margin 7.1%) and EBITDA of ₹2.23 Cr (EBITDA margin 12.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asawara Earthtech is -4% over three years and -6% over five years. In the latest year (FY 2024) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asawara Earthtech is 24AAGCA5859C1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Asawara Earthtech is U45201GJ2007PLC051938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asawara Earthtech has 1 court case on record.
Asawara Earthtech was incorporated on 10 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Asawara Earthtech has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.03 Cr; the latest was in March 2024.
The peers of Asawara Earthtech by revenue are Om Shree Infra Projects Private Limited, Arr Ess Industries Private Limited, Heavy Zinoy India Private Limited, Samadhan Merchandise Co Private Limited, Gommateshwara Granites Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Mining).