Ashbel Polymers Private Limited
About Ashbel Polymers Private Limited
Data last updated:
Ashbel Polymers Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 20 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2018PTC318572. Its GSTIN is 27AARCA7044C1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bela Ashish Maheshwari and Paritosh Ashish Maheshwari.
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 212 Ashar Tiara Commercial Complex Pokhran Road No.2 Gandhi Nagar Thane W, Maharashtra, India – 400610.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.78 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.84 Lakh (net margin 1.6%) and EBITDA of ₹25.76 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 28% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
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- Registered Address212 Ashar Tiara Commercial Complex Pokhran Road No.2 Gandhi Nagar Thane W, Maharashtra, India – 400610
- IndustryManufacturing, Rubber-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 Ashbel Polymers Private Limited
The main business activity of Ashbel Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Ashbel Polymers Private Limited FY 2025 filings available
Ashbel Polymers Private Limited reported revenue of ₹4.78 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashbel Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 8% growth in the latest year. EBITDA fell 23% 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 Ashbel Polymers 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 | ₹25.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.84 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 Ashbel Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Ashbel Polymers are in the company report.
Financial statements from FY 2019
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 Ashbel Polymers Private Limited
Ashbel Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Polymers, Rubber Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reaselack Polymers Private Limited | ₹4.81 Cr (FY 2021) | •••• | •••• | -43.0% | •••• | Secunderabad, Telangana, India |
| Wonder Polymers Private Limited | ₹4.81 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Delhi, India |
| Boost Automobiles India Private Limited | ₹4.8 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Achyutjiva Silicone Private Limited | ₹4.79 Cr (FY 2024) | •••• | •••• | 127.0% | •••• | Delhi, India |
| Chelamala Field Latex Producer Company Limited | ₹4.79 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Anamangad, Kerala, India |
| Ashbel Polymers Private Limited this company | ₹4.78 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Thane, Maharashtra, India |
| Peejay Rubber Industries Private Limited | ₹4.76 Cr (FY 2025) | •••• | •••• | 330.0% | •••• | Aluva, Kerala, India |
| Jamuni Polymers Private Limited | ₹4.76 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Muzaffarpur, Bihar, India |
| S & H Manufacturing & Trading Private Limited | ₹4.74 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Nadia, West Bengal, India |
| P K N Caps and Polymers Private Limited | ₹4.73 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Harohalli, Karnataka, India |
| Superb Foot Tech Private Limited | ₹4.72 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Ashbel Polymers by revenue in the Manufacturing industry (Polymers, Rubber Based Products), 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 Ashbel Polymers Private Limited
Ashbel Polymers Private Limited is audited by SONULAXMISHANKARSAHU for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SONULAXMISHANKARSAHU | 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 Ashbel Polymers Private Limited
Ashbel Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bela Ashish Maheshwari | Director | 20 Dec 2018 | 7 Years 9 Months | Current |
| Paritosh Ashish Maheshwari | Additional Director | 01 Aug 2023 | 3 Years 2 Months | Current |
Ownership and Shareholding of Ashbel Polymers 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 Ashbel Polymers Private Limited
Ashbel Polymers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ashbel Polymers Private Limited
Ashbel Polymers Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by HDFC Bank Limited | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Ashbel Polymers Private Limited
Employment history and EPFO contributions of people linked to Ashbel Polymers.
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 Ashbel Polymers Private Limited
Ashbel Polymers Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Raksha Arvind Mishra ceased to be Director on 02 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Ashbel Polymers 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 Ashbel Polymers 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 Ashbel Polymers 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 Ashbel Polymers Private Limited
Ashbel Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA7044C1ZN | Maharashtra | Active | 04 Jan 2019 |
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 Ashbel Polymers 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 Ashbel Polymers Private Limited
Ashbel Polymers is an active private limited company based in Thane, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 20 December 2018 (8+ years old) and is registered under CIN U25209MH2018PTC318572.
Ashbel Polymers reported revenue of ₹4.78 Cr for FY 2025 (up 8% YoY).
Ashbel Polymers has 2 current directors:
- Bela Ashish Maheshwari - Director
- Paritosh Ashish Maheshwari - Additional Director
Ashbel Polymers reported a net profit of ₹7.84 Lakh (net margin 1.6%) and EBITDA of ₹25.76 Lakh (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashbel Polymers is 25% over three years and 28% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashbel Polymers is 27AARCA7044C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashbel Polymers is U25209MH2018PTC318572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashbel Polymers has 1 court case on record: 1 filed against it. 1 is pending.
Ashbel Polymers was incorporated on 20 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashbel Polymers by revenue are Reaselack Polymers Private Limited, Wonder Polymers Private Limited, Boost Automobiles India Private Limited, Achyutjiva Silicone Private Limited, Chelamala Field Latex Producer Company Limited and 5 more, all in the Manufacturing industry (Polymers, Rubber Based Products).
Raksha Arvind Mishra ceased to be Director on 02 Aug 2023. Paritosh Ashish Maheshwari was appointed as Additional Director on 01 Aug 2023. Bela Ashish Maheshwari was appointed as Director on 20 Dec 2018. Ashbel Polymers has 4 board changes on record in total.