- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-34-0014335

About Asha Industries Private Limited
Data last updated:
Asha Industries Private Limited is a private limited company based in Wardha, Maharashtra, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 22 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34100MH1999PTC120942. Its GSTIN is 27AACCA7387D1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Manik Punjabrao Awachat and Shubham Shantaram Awachat.
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 A – 18 M.I.D.C.Industrial Area Sewagram Road, Wardha, Maharashtra, India – 442006.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.71 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹75,041 (net margin 0.1%) and EBITDA of ₹69.91 Lakh (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹4.49 Cr on record.
Asha Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-34-0014335). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashaindustries.net.
Company details
Recognitions & Rankings of Asha Industries
Contact details
Asha Industries Private Limited's registered office is in Wardha, Maharashtra. Its website is ashaindustries.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 18 M.I.D.C.Industrial Area Sewagram Road, Wardha, Maharashtra, India – 442006
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Asha Industries Private Limited, buy the company report.
- 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
Business activity
The main business activity of Asha Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Asha Industries Private Limited, buy the company report.
Financials of Asha Industries Private Limited
FY 2025 filings availableAsha Industries Private Limited reported revenue of ₹6.71 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 5% growth in the latest year. EBITDA rose 8% 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 |
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| EBITDA | ₹69.91 Lakh | ||||
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| Net Profit (PAT) | ₹75,041 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Asha Industries Private Limited, buy the company report.
Board of directors of Asha Industries Private Limited
Asha Industries 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 |
|---|---|---|---|---|
| Manik Punjabrao Awachat | Director | 22 Jul 1999 | 27 Years 3 Months | Current |
| Shubham Shantaram Awachat | Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Sheela Shantaram Awachat | Director | 22 Jul 1999 | 27 Years 3 Months | Current |
Peer comparison
Asha Industries Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Farm Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vanketash Irrigation Systems Pvt Ltd | ₹6.8 Cr (FY 2025) | -70.0% | Ajmer, Rajasthan, India | |||
| Sagar International Industries Private Limited | ₹6.76 Cr (FY 2025) | 63.0% | Wardha, Maharashtra, India | |||
| Shuban Agritech Private Limited | ₹6.76 Cr (FY 2024) | -17.0% | Padavla, Gujarat, India | |||
| Asha Industries Private Limitedthis company | ₹6.71 Cr (FY 2025) | ₹75,041 | 0.1% | 5.0% | 60 | Wardha, Maharashtra, India |
| Magforce Industries Private Limited | ₹6.66 Cr (FY 2025) | Phillaur, Punjab, India |
To see the full peer comparison of Asha Industries Private Limited, buy the company report.
Auditor
Asha Industries Private Limited is audited by J CHANDAK & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J CHANDAK & CO | FY 2022 | 139097W |
Shareholding
The shareholding of Asha Industries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asha Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2012 | 10349475 | Bank of India | ₹4.9 Cr | Open | |
| 22 Dec 2000 | 80064740 | Central Bank of India | ₹2.84 Cr | Satisfied | |
| 09 Dec 2000 | 80064738 | Central Bank of India | ₹59 Lakh | Satisfied | |
| 15 May 2000 | 80064739 | Central Bank of India | ₹1.06 Cr | Satisfied |
To see the full charge records of Asha Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Asha Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Asha Industries Private Limited was last rated by Icra on 15 Oct 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Oct 2018 |
To see the full credit ratings and regulatory alerts of Asha Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asha Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asha Industries Private Limited has a workforce of 60 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Asha Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA7387D1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asha Industries Private Limited, buy the company report.
Recent activity
Asha Industries Private Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Shubham Shantaram Awachat ceased to be Additional Director on 30 Sep 2022.
4 earlier events are in the company report.
Frequently asked questions
Asha Industries is an active private limited company based in Wardha, Maharashtra, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 22 July 1999 (27+ years old) and is registered under CIN U34100MH1999PTC120942.
Asha Industries has 3 current directors:
- Manik Punjabrao Awachat - Director
- Shubham Shantaram Awachat - Director
- Sheela Shantaram Awachat - Director
The latest financial statements of Asha Industries 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 Asha Industries is 27AACCA7387D1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asha Industries is U34100MH1999PTC120942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Industries was incorporated on 22 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asha Industries by revenue are Vanketash Irrigation Systems Pvt Ltd, Sagar International Industries Private Limited, Shuban Agritech Private Limited, Magforce Industries Private Limited, all in the Agriculture industry (Farm Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shubham Shantaram Awachat ceased to be Additional Director on 30 Sep 2022. Shubham Shantaram Awachat was appointed as Director on 01 Jun 2022. Panjabrao Tukaram Awachat ceased to be Director on 05 Oct 2011. Asha Industries has 5 board changes on record in total.
Yes, Asha Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-34-0014335).
Asha Industries can be reached through the website ashaindustries.net. Its registered office is in Wardha, Maharashtra, India.
The registered office of Asha Industries is at A – 18 M.I.D.C.Industrial Area Sewagram Road, Wardha, Maharashtra, India – 442006.

