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About Ashar Locker (India) Private Limited
Data last updated:
Ashar Locker (India) Private Limited is a private limited company based in Bhiwandi, Maharashtra, India, a subsidiary of Locker Group Holding Pvt Ltd. Austraila. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 27 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2007PTC174539. Its GSTIN is 27AAGCA5632D1ZY (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors Ritin Dharamraj Ashar and Nirmal Vinod Momaya.
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 Prerana Complex Block E & F Dapoda Road Val Village, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.32 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 4%) and EBITDA of ₹2.69 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AsharLocker.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asharlocker.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPrerana Complex Block E & F Dapoda Road Val Village, Bhiwandi, Maharashtra, India – 421302
- IndustryManufacturing, Cable & Wire, Rubber-Based Products, Plastic-Based Products
- 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 Ashar Locker (India) Private Limited
The main business activity of Ashar Locker (India) is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Ashar Locker (India) Private Limited FY 2025 filings available
Ashar Locker (India) Private Limited reported revenue of ₹26.32 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashar Locker (India) Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 32% 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 Ashar Locker (India) Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.05 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashar Locker (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| 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 Ashar Locker (India) are in the company report.
Financial statements from 2015
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 Ashar Locker (India) Private Limited
Ashar Locker (India) Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apl Valueclay Private Limited | ₹26.64 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kutch, Gujarat, India |
| Synergy Metals Private Limited | ₹26.57 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chandigarh, India |
| Kes Projects Private Limited | ₹26.57 Cr (FY 2024) | •••• | •••• | 146.0% | •••• | Gandhinagar, Gujarat, India |
| Konment Build Limited | ₹26.54 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Gandhinagar, Gujarat, India |
| Shreerang Green Concept Aac Blocks Private Limited | ₹26.47 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ashar Locker (India) Private Limited this company | ₹26.32 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Bhiwandi, Maharashtra, India |
| Pro Next Industries Private Limited | ₹26.31 Cr (FY 2024) | •••• | •••• | 215.0% | •••• | Ichalkaranji, Maharashtra, India |
| CGG Infra India Private Limited | ₹26.23 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Chennai, Tamil Nadu, India |
| Shreekanth Buildtron Private Limited | ₹26.19 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Haridwar, Uttarakhand, India |
| Deccan Metal Profilers Private Limited | ₹26.15 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Ernakulam, Kerala, India |
| Envitect Composite Private Limited | ₹25.88 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Ashar Locker (India) by revenue in the Manufacturing industry (Construction Materials), 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 Ashar Locker (India) Private Limited
Ashar Locker (India) Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS LLP | 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 Ashar Locker (India) Private Limited
Ashar Locker (India) has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritin Dharamraj Ashar Also directs: Kaliber Infracom LLP | Director | 27 Sep 2007 | 19 Years 0 Months | Current |
| Nirmal Vinod Momaya Also directs: Trucap Finance Limited, Camlin Fine Sciences Limited, Abana Medisys Private Limited and 5 more | Director | 01 Dec 2008 | 17 Years 10 Months | Current |
Ownership and Shareholding of Ashar Locker (India) 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 Ashar Locker (India) Private Limited
Ashar Locker (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Ashar Locker (India) Private Limited
Ashar Locker (India) Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 357 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ratlam Wires Pvt Ltd | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Ashar Locker (India) Private Limited
Ashar Locker (India) operates one associated brand: AsharLocker. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Screening media solutions for construction and mining industries. | asharlocker.in |
Employees and EPFO Compliance at Ashar Locker (India) Private Limited
Ashar Locker (India) Private Limited has a workforce of 71 employees as of Apr 01, 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 Ashar Locker (India) Private Limited
Ashar Locker (India) Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Edmund Francis Sill ceased to be Director on 03 Sep 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashar Locker (India) 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.
Subsidiaries & Group Companies of Ashar Locker (India) 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 Ashar Locker (India) Private Limited
Ashar Locker (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA5632D1ZY | Maharashtra | Active | 01 Jul 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 Ashar Locker (India) 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 Ashar Locker (India) Private Limited
Ashar Locker (India) is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 27 September 2007 (19+ years old) and is registered under CIN U74900MH2007PTC174539.
Ashar Locker (India) reported revenue of ₹26.32 Cr for FY 2025 (down 13% YoY).
Ashar Locker (India) has 2 current directors:
- Ritin Dharamraj Ashar - Director
- Nirmal Vinod Momaya - Director
Ashar Locker (India) reported a net profit of ₹1.05 Cr (net margin 4%) and EBITDA of ₹2.69 Cr (EBITDA margin 10.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashar Locker (India) is 2% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashar Locker (India) is 27AAGCA5632D1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashar Locker (India) is U74900MH2007PTC174539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashar Locker (India) was incorporated on 27 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashar Locker (India) by revenue are Apl Valueclay Private Limited, Synergy Metals Private Limited, Kes Projects Private Limited, Konment Build Limited, Shreerang Green Concept Aac Blocks Private Limited and 5 more, all in the Manufacturing industry (Construction Materials).
Edmund Francis Sill ceased to be Director on 03 Sep 2021. Viswanath Devarajan ceased to be Additional Director on 24 Dec 2018. Vikas Bansal ceased to be Director on 23 Mar 2015. Ashar Locker (India) has 10 board changes on record in total.
Ashar Locker (India) has 12 MSME Form 1 returns on record between 2019 and 2024, listing 357 overdue payments to 24 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ashar Locker (India) can be reached through the website asharlocker.in. Its registered office is in Bhiwandi, Maharashtra, India.