Asgard Alcobev Limited - metals and minerals in Nashik, Maharashtra, India. FY 2026 financials & compliance.
CIN L11010MH1984PLC033082 Incorporated 05 June 1984 ROC Mumbai HQ Nashik, Maharashtra, India
Active Listed - BSE: 512025 Public Limited Company metals and minerals
Data last updated
Market Cap
₹966 Cr
ASGARD · BSE
Share Price
₹30.31
-2.29% today
Revenue
₹102 Cr
FY 2025-26 · +74.7% YoY
EBITDA
₹5.13 Cr
Margin 5.0%
Net Profit
₹2.22 Cr
FY 2025-26 · +17.5% YoY
P/E (TTM)
256.1x
P/B 18.3x
Authorised capital
₹36 Cr
Registered with MCA
Paid-up capital
₹31.15 Cr
Issued & subscribed

About Asgard Alcobev Limited

Data last updated:

Asgard Alcobev Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 05 June 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L11010MH1984PLC033082. It is a listed company as per MCA records. Its shares are listed on BSE: 512025.

The company has an authorised share capital of ₹36 Cr and a paid-up capital of ₹31.15 Cr. It was formerly known as Banganga Paper Industries Limited. It is led by directors including Ronak Jain (Managing Director) and Mundrath Ravindranathan.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sr. No. 186 Gavalwadi Road, Ashewadi Ramshej Nashik Maharashtra 422003., Maharashtra, India – 422003.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹101.51 Cr, a growth of 74.7% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Cr (net margin 2.2%) and EBITDA of ₹5.13 Cr (EBITDA margin 5.1%). The net worth stands at ₹44.97 Cr (up 188.1% YoY). Total assets are valued at ₹124.43 Cr (up 385.7% YoY).

The company is associated with 1 brand: Inertia Steel.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inertiasteel.com.

Company details

CIN L11010MH1984PLC033082
Registration Number 033082
Incorporation Date 05 June 1984
ROC Mumbai
Listing Status Listed - Listed on BSE (512025)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Asgard Alcobev has one previous CIN (Corporate Identification Number): L51900MH1984PLC033082. The current CIN is L11010MH1984PLC033082, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L11010MH1984PLC033082Current
L51900MH1984PLC033082Previous

Contact details

Asgard Alcobev Limited's registered office is in Nashik, Maharashtra.

  • Registered Address
    Sr. No. 186 Gavalwadi Road, Ashewadi Ramshej Nashik Maharashtra 422003., Maharashtra, India – 422003
  • Industry
    Metals and Minerals, Metal Retail & Distribution
Comprehensive company report
Asgard Alcobev 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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Brands

Asgard Alcobev operates one associated brand: Inertia Steel. Each brand links to its own profile.

BrandDescriptionWebsite
Timely services are delivered to the steel industry.inertiasteel.com

Business activity

The main business activity of Asgard Alcobev is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Asgard Alcobev Limited, buy the company report.

Financials of Asgard Alcobev Limited

FY 2025-26 filings available

Asgard Alcobev Limited reported revenue of ₹101.51 Cr (up 74.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹102 Cr
+74.7% YoY
EBITDA
₹5.13 Cr
+7.8% YoY
Profit After Tax
₹2.22 Cr
+17.5% YoY
Net Worth
₹44.97 Cr
+188.1% YoY
Total Assets
₹124 Cr
+385.7% YoY
Total Debt
₹72.84 Cr
+627.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue10258.100.39
Revenue growth+74.7%--
EBITDA5.134.76(0.03)
EBITDA margin+5.1%+8.2%-7.7%
Profit before tax2.172.67(0.03)
Net profit2.221.89(0.03)
Net profit margin+2.2%+3.3%-7.7%
EPS (₹)0.100.16(0.88)
Balance sheet
Total assets12425.620.28
Net worth44.9715.610.28
Total debt72.8410.010.00
Cash & bank1.650.690.01
Net working capital17.557.460.28
Cash flow
Cash from operations3.70(2.36)(0.15)
Cash from investing11.22(19.58)0.13
Cash from financing(13.96)22.610.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue53.0436.5319.6924.1221.1620.4920.7216.88
Revenue growth (YoY)+150.7%+78.3%-5.0%+42.9%----
Other income0.240.220.060.000.010.070.070.01
EBITDA5.151.541.130.891.562.011.611.12
EBITDA margin+9.7%+4.2%+5.7%+3.7%+7.4%+9.8%+7.8%+6.6%
Depreciation1.610.470.450.420.390.390.370.65
Interest1.210.340.680.240.270.280.290.26
Profit before tax2.570.950.060.230.911.411.020.22
Tax0.030.35(0.01)0.070.260.410.260.09
Net profit2.540.600.070.160.651.000.760.13
EPS (₹)0.080.030.010.010.050.830.640.11
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.000.390.320.360.320.17
Revenue growth--100.0%+21.9%-11.1%+12.5%+88.2%-
EBITDA(0.59)(0.16)(0.03)(0.05)(0.07)(0.01)0.00
EBITDA margin---7.7%-15.6%-19.4%-3.1%0.0%
Profit before tax0.74(0.16)(0.03)0.19(0.07)(0.01)0.00
Net profit(0.28)(0.16)(0.03)0.14(0.07)(0.01)0.00
Net profit margin---7.7%+43.8%-19.4%-3.1%0.0%
EPS (₹)0.04(0.01)(0.88)5.47(2.36)0.030.03
Balance sheet
Total assets43.1914.280.280.300.170.220.22
Net worth42.9814.050.280.300.170.230.22
Total debt0.200.240.000.000.000.000.00
Cash & bank0.030.040.010.030.020.000.04
Net working capital0.674.080.280.170.040.090.09
Cash flow
Cash from operations(0.85)(0.16)(0.15)0.010.02(0.04)0.03
Cash from investing11.22(10.20)0.130.000.000.000.00
Cash from financing(10.39)10.390.000.000.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.421.330.000.000.000.000.000.00
Total expenses0.270.440.100.030.030.030.020.10
EBITDA(0.27)(0.44)(0.10)(0.03)(0.03)(0.03)(0.02)(0.10)
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.150.89(0.10)(0.03)(0.03)(0.03)(0.02)(0.10)
Tax0.030.180.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue53.0436.5319.6924.1221.1620.4920.7216.88
Revenue growth (YoY)+150.7%+78.3%-5.0%+42.9%----
Other income0.240.220.060.000.010.070.070.01
EBITDA5.151.541.130.891.562.011.611.12
EBITDA margin+9.7%+4.2%+5.7%+3.7%+7.4%+9.8%+7.8%+6.6%
Depreciation1.610.470.450.420.390.390.370.65
Interest1.210.340.680.240.270.280.290.26
Profit before tax2.570.950.060.230.911.411.020.22
Tax0.030.35(0.01)0.070.260.410.260.09
Net profit2.540.600.070.160.651.000.760.13
EPS (₹)0.080.030.010.010.050.830.640.11
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue10258.100.39
Revenue growth+74.7%--
Other income0.290.150.00
Total expenses96.3853.340.42
Employee cost0.001.050.04
EBITDA5.134.76(0.03)
EBITDA margin+5.1%+8.2%-7.7%
Depreciation1.731.410.00
Interest1.520.830.00
Profit before tax2.172.67(0.03)
Tax0.660.780.00
Net profit2.221.89(0.03)
Net profit margin+2.2%+3.3%-7.7%
EPS (₹)0.100.16(0.88)
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital31.1511.980.25
Reserves & surplus13.023.630.03
Shareholders' funds (net worth)44.9715.610.28
Minority interest4.880.000.00
Secured loans72.4710.040.00
Unsecured loans0.37(0.03)0.00
Total debt72.8410.010.00
Total liabilities12425.620.28
Assets
Gross block26119.120.00
Net block91.4917.020.00
Capital work in progress0.000.060.00
Investments0.001.250.00
Inventories19.987.540.00
Sundry debtors35.006.510.18
Cash & bank balances1.650.690.01
Loans & advances38.325.790.33
Total current assets94.9520.530.52
Total current liabilities77.4013.070.24
Net working capital17.557.460.28
Total assets12425.620.28
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash0.690.010.03
Net cash from operating activities3.70(2.36)(0.15)
Net cash from investing activities11.22(19.58)0.13
Net cash from financing activities(13.96)22.610.00
Net change in cash0.970.67(0.02)
Closing cash1.650.690.01
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth+74.7%--
EBITDA growth+7.8%--
PBT growth-18.7%+9998.0%+9997.0%
Net income growth+17.5%+6400.0%-
Profitability & leverage
Net income margin+1.5%+3.3%-7.7%
Return on capital employed-+27.0%-7.1%
Return on net worth-+23.7%-7.1%
Debt / equity-0.630.00
Long-term debt / equity-0.390.00
Interest cover44.7124.780.00
Efficiency & per share
Fixed asset turnover-6.080.00
Inventory turnover-15.410.00
Debtors turnover-17.372.17
EPS (₹)0.100.16(0.88)
Dividend per share (₹)0.000.000.00
Book value per share (₹)0.001.3011.25
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.421.330.000.000.000.000.000.00
Total expenses0.270.440.100.030.030.030.020.10
EBITDA(0.27)(0.44)(0.10)(0.03)(0.03)(0.03)(0.02)(0.10)
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.150.89(0.10)(0.03)(0.03)(0.03)(0.02)(0.10)
Tax0.030.180.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.390.320.360.320.17
Revenue growth--100.0%+21.9%-11.1%+12.5%+88.2%-
Other income1.330.000.000.240.000.000.00
Total expenses0.590.160.420.370.430.330.17
Employee cost0.000.010.040.070.050.030.01
EBITDA(0.59)(0.16)(0.03)(0.05)(0.07)(0.01)0.00
EBITDA margin---7.7%-15.6%-19.4%-3.1%0.0%
Depreciation0.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.00
Profit before tax0.74(0.16)(0.03)0.19(0.07)(0.01)0.00
Tax0.180.000.000.050.000.000.00
Net profit(0.28)(0.16)(0.03)0.14(0.07)(0.01)0.00
Net profit margin---7.7%+43.8%-19.4%-3.1%0.0%
EPS (₹)0.04(0.01)(0.88)5.47(2.36)0.030.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital31.1511.980.250.250.250.250.25
Reserves & surplus11.032.070.030.05(0.08)(0.02)(0.03)
Shareholders' funds (net worth)42.9814.050.280.300.170.230.22
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.200.240.000.000.000.000.00
Total debt0.200.240.000.000.000.000.00
Total liabilities43.1914.280.280.300.170.220.22
Assets
Gross block0.000.000.000.000.000.000.00
Net block0.000.000.000.000.000.000.00
Capital work in progress0.000.000.000.000.000.000.00
Investments21.9010.200.000.000.000.000.00
Inventories0.000.000.000.000.000.000.03
Sundry debtors0.000.180.180.100.030.100.03
Cash & bank balances0.030.040.010.030.020.000.04
Loans & advances0.963.900.330.200.000.000.00
Total current assets0.994.120.520.330.050.100.10
Total current liabilities0.320.040.240.160.010.010.01
Net working capital0.674.080.280.170.040.090.09
Total assets43.1914.280.280.300.170.220.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.040.010.030.020.000.040.00
Net cash from operating activities(0.85)(0.16)(0.15)0.010.02(0.04)0.03
Net cash from investing activities11.22(10.20)0.130.000.000.000.00
Net cash from financing activities(10.39)10.390.000.000.000.000.00
Net change in cash(0.02)0.03(0.02)0.010.02(0.04)0.03
Closing cash0.030.040.010.030.020.000.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth--100.0%+21.9%-11.1%+12.5%+88.2%-
EBITDA growth-268.8%-433.3%+40.0%+28.6%-600.0%--
PBT growth+9998.0%-433.3%-+9998.0%-600.0%+9997.0%+9997.0%
Net income growth-75.0%-433.3%-121.4%+300.0%-600.0%--
Revenue CAGR (3Y)-100.0%-100.0%+6.8%+23.5%+108.0%+100.0%+78.3%
EBITDA CAGR (3Y)+127.7%+31.7%+44.2%----
Profitability & leverage
Net income margin---7.7%+43.8%-19.4%-3.1%0.0%
Return on capital employed-0.0%-6.9%+80.9%0.0%0.0%0.0%
Return on net worth-0.0%-6.9%+59.6%0.0%0.0%0.0%
Debt / equity-0.000.000.000.000.000.00
Long-term debt / equity-0.000.000.000.000.000.00
Interest cover0.000.000.000.000.000.00-
Efficiency & per share
Fixed asset turnover-0.000.000.000.000.000.00
Inventory turnover-0.000.000.000.0021.3311.33
Debtors turnover-0.002.794.925.544.926.80
EPS (₹)0.04(0.01)(0.88)5.47(2.36)0.030.03
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.001.1711.2512.136.669.028.99

To see the full year-wise statements and ratios of Asgard Alcobev Limited, buy the company report.

Board of directors of Asgard Alcobev Limited

Asgard Alcobev has 7 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mundrath RavindranathanDirector16 Dec 20250 Years 10 MonthsCurrent
Mitadar Sathyanarayana Venkatesh PrabhuDirector16 Dec 20250 Years 10 MonthsCurrent
Keshava Lakshminarayana PatkarDirector02 Feb 20260 Years 8 MonthsCurrent
Ronak JainManaging Director19 Mar 20260 Years 7 MonthsCurrent
Priyanka JainDirector19 Mar 20260 Years 7 MonthsCurrent
Binit SinghaniaDirector19 Mar 20260 Years 7 MonthsCurrent
Showing 6 of 7 current directors. View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Asgard Alcobev Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Asgard Alcobev Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Asgard Alcobev Limited has 24 board changes on record since 2019: 12 appointments and 12 cessations. The latest: Binit Singhania was appointed as Director on 19 Mar 2026.

Filing
Asgard Alcobev Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Appointed
Binit Singhania was appointed as Director.
Appointed
Priyanka Jain was appointed as Director.
Appointed
Ronak Jain was appointed as Managing Director.
Appointed
Keshava Lakshminarayana Patkar was appointed as Director.
Appointed
Swaminathan Muralidharan was appointed as Director.
Appointed
Mitadar Sathyanarayana Venkatesh Prabhu was appointed as Director.
Appointed
Mundrath Ravindranathan was appointed as Director.
AGM
Asgard Alcobev Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Chetan Karbhari Dhatrak ceased to be Additional Director.
Ceased
Karbhari Pandurang Dhatrak ceased to be Managing Director.
Appointed
Chetan Karbhari Dhatrak was appointed as Whole-Time Director.

15 earlier events are in the company report.

Frequently asked questions

Asgard Alcobev is an active public limited company based in Nashik, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 05 June 1984 (42+ years old) and is registered under CIN L11010MH1984PLC033082. Listed on BSE: 512025.

Asgard Alcobev reported revenue of ₹101.51 Cr for FY 2025-26 (up 74.7% YoY) based on consolidated financials.

Asgard Alcobev has 7 current directors:

The latest financial statements of Asgard Alcobev on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Asgard Alcobev is L11010MH1984PLC033082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Asgard Alcobev is a listed company as per MCA records. Its shares are listed on BSE (code: 512025).

Asgard Alcobev was incorporated on 05 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.

Binit Singhania was appointed as Director on 19 Mar 2026. Priyanka Jain was appointed as Director on 19 Mar 2026. Ronak Jain was appointed as Managing Director on 19 Mar 2026. Asgard Alcobev has 24 board changes on record in total.

Asgard Alcobev can be reached through the website inertiasteel.com. Its registered office is in Nashik, Maharashtra, India.

The registered office of Asgard Alcobev is at Sr. No. 186 Gavalwadi Road, Ashewadi Ramshej Nashik Maharashtra 422003., Maharashtra, India – 422003.