MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0129625
Asb Systems Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹41.04 Cr
▲ 151% YoY
Net profit · FY 2025
₹3.62 Cr
Net margin 8.8%
EBITDA · FY 2025
₹5.4 Cr
EBITDA margin 13.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹29.86 Lakh
Issued & subscribed
Open charges
₹4.02 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
8
Provident fund records
About Asb Systems Private Limited
Data last updated:
Asb Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 06 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH1997PTC106378. Its GSTIN is 27AAACA8833G1ZP (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.86 Lakh. It was formerly known as Asb Technology Private Limited. It is led by directors Surekha Bhuchar (Whole-Time Director) and Arvind Bhuchar (Whole-Time Director).
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 203/A Vip Plaza B/7 Veera Indus Estate Off Laxmi Indus Estate Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.62 Cr (net margin 8.8%) and EBITDA of ₹5.4 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 31% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.02 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Asb Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0129625). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asbsystems.co.in.
Company details
CIN U73100MH1997PTC106378
Registration Number 106378
Incorporation Date 06 March 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0129625
Recognitions & Rankings of Asb Systems
Contact details
Asb Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is asbsystems.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address203/A Vip Plaza B/7 Veera Indus Estate Off Laxmi Indus Estate Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Asb Systems Private Limited, buy the company report.
Comprehensive company report
Asb Systems 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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Business activity
The main business activity of Asb Systems is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Asb Systems Private Limited, buy the company report.
Financials of Asb Systems Private Limited
FY 2025 filings availableAsb Systems Private Limited reported revenue of ₹41.04 Cr (up 151% YoY) for FY 2025.
Revenue · FY 2025
₹41.04 Cr ▲ 151%
Net profit · FY 2025
₹3.62 Cr margin 8.8%
EBITDA · FY 2025
₹5.4 Cr margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 151%
3 years · compounded
▲ 40%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 183%
3 years · compounded
▲ 51%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 151% growth in the latest year. EBITDA rose 183% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.62 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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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 | 13.2% | ||||
| Net Profit Margin | 8.8% | ||||
| 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 Asb Systems Private Limited, buy the company report.
Board of directors of Asb Systems Private Limited
Asb Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surekha Bhuchar | Whole-Time Director | 06 Mar 1997 | 29 Years 8 Months | Current |
| Arvind Bhuchar | Whole-Time Director | 06 Mar 1997 | 29 Years 8 Months | Current |
Auditor
Asb Systems Private Limited is audited by PARIHAR & SONPAR CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIHAR & SONPAR CHARTERED ACCOUNTANTS | FY 2023 | 002963C |
Shareholding
The shareholding of Asb Systems 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 Asb Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.02 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2020 | 100372846 | Others | ₹4.02 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Asb Systems Private Limited has 5 court cases on record: 4 filed by Asb Systems, 1 filed against it. All cases are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.IDA.Reston.) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Asb Systems 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asb Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asb Systems Private Limited has a workforce of 8 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 8 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Asb Systems Private Limited, buy the company report.
GST
Asb Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA8833G1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asb Systems Private Limited, buy the company report.
Recent activity
Asb Systems Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Arvind Bhuchar ceased to be Director on 20 Sep 2014.
AGM
Asb Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asb Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 401.50 Lakh with Charge ID 100372846 was registered on 18 Mar 2020.
Ceased
Arvind Bhuchar ceased to be Director.
Ceased
Surekha Bhuchar ceased to be Director.
Appointed
Arvind Bhuchar was appointed as Whole-Time Director.
Appointed
Surekha Bhuchar was appointed as Whole-Time Director.
Incorporation
06 Mar 1997
Asb Systems Private Limited was registered on 06 Mar 1997 with Roc Mumbai & aged 29 years 8 months as per MCA records.
Frequently asked questions
Asb Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 06 March 1997 (29+ years old) and is registered under CIN U73100MH1997PTC106378.
Asb Systems has 2 current directors:
- Surekha Bhuchar - Whole-Time Director
- Arvind Bhuchar - Whole-Time Director
The latest financial statements of Asb Systems 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 Asb Systems is 27AAACA8833G1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asb Systems is U73100MH1997PTC106378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asb Systems has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
Asb Systems was incorporated on 06 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Arvind Bhuchar ceased to be Director on 20 Sep 2014. Surekha Bhuchar ceased to be Director on 20 Sep 2014. Arvind Bhuchar was appointed as Whole-Time Director on 06 Mar 1997. Asb Systems has 4 board changes on record in total.
Yes, Asb Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0129625).
Asb Systems can be reached through the website asbsystems.co.in. Its registered office is in Mumbai, Maharashtra, India.
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