About Ashapower Private Limited
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Ashapower Private Limited is a private limited company based in Ernad, Kerala, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 September 2023.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27900KL2023PTC083712.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dilshan (Managing Director) and Vaniyakoly Veerankutty.
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 Ernad, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.5 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.33 Lakh (net margin 3.3%) and EBITDA of ₹53.34 Lakh (EBITDA margin 8.2%).
The company is associated with 1 brand: Ashapower. As per MCA filings, the company has open charges of ₹2.16 Cr on record.
For more details, the company can be reached via its website ashapower.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address16/404 – H Asha Tower, Near Ksfe Kizhisseri, Ernad, Kerala, India – 673641
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Ashapower Private Limited
The main business activity of Ashapower is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Ashapower Private Limited FY 2025 filings available
Ashapower Private Limited reported revenue of ₹6.5 Cr (up 656% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashapower Private Limited
Revenue rose 656% in the latest year. EBITDA rose 451% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ashapower Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹53.34 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹21.33 Lakh | •••• |
| 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 Ashapower Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.2% | •••• |
| Net Profit Margin | 3.3% | •••• |
| 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 Ashapower are in the company report.
Financial statements from FY 2024
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 Ashapower Private Limited
Ashapower Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganjawalla Fabripro Private Limited | ₹6.62 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Vijay Processors Private Limited | ₹6.54 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Maruti Electro Procelain Pvt Ltd | ₹6.54 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Avinya Batteries Limited | ₹6.51 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Age Home Appliances India Private Limited | ₹6.5 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Shirala, Maharashtra, India |
| Ashapower Private Limited this company | ₹6.5 Cr (FY 2025) | •••• | •••• | 656.0% | •••• | Ernad, Kerala, India |
| Indomas Electrical Private Limited | ₹6.49 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Delhi, India |
| Rias Enterprises Private Limited | ₹6.48 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | New Delhi, Delhi, India |
| Aifso Technologies Private Limited | ₹6.45 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Pepal Technology Private Limited | ₹6.44 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Kavita Solar Energy Private Limited | ₹6.41 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ashapower by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Ashapower Private Limited
Ashapower has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaniyakoly Veerankutty Also directs: Ashtron Energy Private Limited | Director | 27 Sep 2023 | 3 Years 0 Months | Current |
| Dilshan Also directs: BDNS Energy Solutions LLP, Ashtron Energy Private Limited | Managing Director | 27 Sep 2023 | 3 Years 0 Months | Current |
Charges & Borrowings of Ashapower Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2024 | Canara Bank | ₹15.75 Lakh | Open |
| 13 Dec 2023 | Canara Bank | ₹2 Cr | Open |
Total charge records: 2 View all charges
Associated Brands with Ashapower Private Limited
Ashapower operates one associated brand: ASHAPOWER. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar-powered charge controllers are manufactured by ASHAPOWER. | ashapower.in |
Employees and EPFO Compliance at Ashapower Private Limited
Employment history and EPFO contributions of people linked to Ashapower.
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 Ashapower Private Limited
Ashapower Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Dilshan was appointed as Managing Director on 27 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Ashapower 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 Ashapower 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 Ashapower 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 Ashapower Private Limited
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 Ashapower 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 Ashapower Private Limited
Ashapower is an active private limited company based in Ernad, Kerala, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 September 2023 (3+ years old) and is registered under CIN U27900KL2023PTC083712.
Ashapower reported revenue of ₹6.5 Cr for FY 2025 (up 656% YoY).
Ashapower has 2 current directors:
- Dilshan - Managing Director
- Vaniyakoly Veerankutty - Director
Ashapower reported a net profit of ₹21.33 Lakh (net margin 3.3%) and EBITDA of ₹53.34 Lakh (EBITDA margin 8.2%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Ashapower is U27900KL2023PTC083712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashapower was incorporated on 27 September 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ashapower by revenue are Ganjawalla Fabripro Private Limited, Vijay Processors Private Limited, Maruti Electro Procelain Pvt Ltd, Avinya Batteries Limited, Age Home Appliances India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Dilshan was appointed as Managing Director on 27 Sep 2023. Vaniyakoly Veerankutty was appointed as Director on 27 Sep 2023.
Ashapower can be reached through the website ashapower.in. Its registered office is in Ernad, Kerala, India.
The registered office of Ashapower is at 16404 – H Asha Tower, Near Ksfe Kizhisseri, Ernad, Kerala, India – 673641.
Ashapower has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.