Asfaltar Infrastructure Private Limited
About Asfaltar Infrastructure Private Limited
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Asfaltar Infrastructure Private Limited is a private limited company based in Adipur, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 02 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45309GJ2016PTC093188. Its GSTIN is 24AAOCA6184E1ZL (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Narain Mohandas Rajani and Bharat Mulchand Rajani.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 42 Ward 2B, Adipur, Gujarat, India – 370205.
As per the financials filed for FY 2022, the company reported a revenue of ₹59.21 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹40.8 Cr (net margin 68.9%) and EBITDA of ₹42.85 Cr (EBITDA margin 72.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 173% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. 42 Ward 2B, Adipur, Gujarat, India – 370205
- IndustryInfrastructure and Utilities, General Construction Services
- 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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Financials of Asfaltar Infrastructure Private Limited FY 2024 filings available
Asfaltar Infrastructure Private Limited reported revenue of ₹59.21 Cr (down 31% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Asfaltar Infrastructure Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 173%. EBITDA rose 832% 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 Asfaltar Infrastructure Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹42.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.8 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Asfaltar Infrastructure Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 68.9% | •••• | •••• | •••• | •••• |
| 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 Asfaltar Infrastructure are in the company report.
Financial statements from FY 2017
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 Asfaltar Infrastructure Private Limited
Asfaltar Infrastructure Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KGK Engineers Private Limited | ₹59.56 Cr (FY 2022) | •••• | •••• | 58.0% | •••• | Erode, Tamil Nadu, India |
| Ganga STP Project Private Limited | ₹59.54 Cr (FY 2025) | •••• | •••• | 308.0% | •••• | Sunnambu Kolathur Chennai, Tamil Nadu, India |
| Sahaj Project Private Limited | ₹59.52 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Ahmedabad, Gujarat, India |
| Onecontact Trading Private Limited | ₹59.47 Cr (FY 2024) | •••• | •••• | 65.0% | •••• | Hyderabad, Telangana, India |
| Bahl Builders Private Limited | ₹59.31 Cr (FY 2023) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Asfaltar Infrastructure Private Limited this company | ₹59.21 Cr (FY 2022) | •••• | •••• | -31.0% | •••• | Adipur, Gujarat, India |
| Ganadhi Pati Construction Private Limited | ₹59.2 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Patna, Bihar, India |
| Popular Foundations Limited | ₹59.05 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Eastern India Construction Pvt Ltd | ₹59.05 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Cuttack, Odisha, India |
| Maisur Projects Private Limited | ₹59.03 Cr (FY 2024) | •••• | •••• | 230.0% | •••• | Lucknow, Uttar Pradesh, India |
| Shrine Engineering Private Limited | ₹58.88 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Porbandar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Asfaltar Infrastructure by revenue in the Infrastructure industry (Construction Services), 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 Asfaltar Infrastructure Private Limited
Asfaltar Infrastructure Private Limited is audited by BHAVEE THACKER & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHAVEE THACKER & ASSOCIATES | 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.
Board of Directors of Asfaltar Infrastructure Private Limited
Asfaltar Infrastructure has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narain Mohandas Rajani | Director | 02 Aug 2016 | 10 Years 2 Months | Current |
| Bharat Mulchand Rajani Also directs: Asfaltrade Private Limited, Bluesapphire Infrabiz Private Limited, PJM Infra Realtors Private Limited and 3 more | Director | 02 Aug 2016 | 10 Years 2 Months | Current |
| Daud Mamad Boliya | Director | 02 Aug 2016 | 10 Years 2 Months | Current |
| Pankaj Gopalji Thacker Also directs: Asfaltrade Private Limited | Director | 02 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Asfaltar Infrastructure 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 Asfaltar Infrastructure Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2020 | Hdfc Bank Limited | ₹34.15 Lakh | Open |
| 24 Mar 2020 | Hdfc Bank Limited | ₹45.29 Lakh | Open |
| 29 Jun 2018 | Others | ₹67.8 Lakh | Open |
| 16 May 2018 | Others | ₹36.75 Lakh | Open |
| 11 May 2018 | Hdfc Bank Limited | ₹30 Lakh | Open |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Asfaltar Infrastructure Private Limited
Asfaltar Infrastructure Private Limited has a workforce of 6 employees as of Apr 02, 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 Asfaltar Infrastructure Private Limited
Asfaltar Infrastructure Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Bharat Mulchand Rajani was appointed as Director on 02 Aug 2016.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asfaltar Infrastructure 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.
MSME Payment Delays by Asfaltar Infrastructure Private 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 Asfaltar Infrastructure 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 Asfaltar Infrastructure Private Limited
Asfaltar Infrastructure has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCA6184E1ZL | Gujarat | Active | 01 Jul 2017 |
| 29AAOCA6184E1ZB | Karnataka | Active | 13 Nov 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 Asfaltar Infrastructure 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 Asfaltar Infrastructure Private Limited
Asfaltar Infrastructure is an active private limited company based in Adipur, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 02 August 2016 (10+ years old) and is registered under CIN U45309GJ2016PTC093188.
Asfaltar Infrastructure reported revenue of ₹59.21 Cr for FY 2022 (down 31% YoY).
Asfaltar Infrastructure has 4 current directors:
- Narain Mohandas Rajani - Director
- Bharat Mulchand Rajani - Director
- Daud Mamad Boliya - Director
- Pankaj Gopalji Thacker - Director
Asfaltar Infrastructure reported a net profit of ₹40.8 Cr (net margin 68.9%) and EBITDA of ₹42.85 Cr (EBITDA margin 72.4%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asfaltar Infrastructure is -13% over three years and 173% over five years. In the latest year (FY 2022) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asfaltar Infrastructure is 24AAOCA6184E1ZL, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAOCA6184E1ZB (Karnataka).
The CIN (Corporate Identification Number) of Asfaltar Infrastructure is U45309GJ2016PTC093188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asfaltar Infrastructure was incorporated on 02 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Asfaltar Infrastructure by revenue are KGK Engineers Private Limited, Ganga STP Project Private Limited, Sahaj Project Private Limited, Onecontact Trading Private Limited, Bahl Builders Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Bharat Mulchand Rajani was appointed as Director on 02 Aug 2016. Daud Mamad Boliya was appointed as Director on 02 Aug 2016. Narain Mohandas Rajani was appointed as Director on 02 Aug 2016. Asfaltar Infrastructure has 4 board changes on record in total.
The registered office of Asfaltar Infrastructure is at Plot No. 42 Ward 2B, Adipur, Gujarat, India – 370205.