About Ashgraph Technologies Private Limited
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Ashgraph Technologies Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 31 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH2007PTC173675. Its GSTIN is 27AAGCA5164L1ZE (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹15.2 Lakh. It is led by directors including Ashish Chandra Varma and Sunanda Arun Kumar Varma.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No – E – 13 Ambad Industrial Area MIDC, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.52 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹46.75 Lakh (net margin 2.3%) and EBITDA of ₹1.69 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 25% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashgraph Technologies. As per MCA filings, the company has open charges of ₹4.89 Cr and satisfied charges of ₹10.91 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashgraphite.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No – E – 13 Ambad Industrial Area MIDC, Nashik, Maharashtra, India – 422010
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Ashgraph Technologies Private Limited
The main business activity of Ashgraph Technologies 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 Ashgraph Technologies Private Limited FY 2025 filings available
Ashgraph Technologies Private Limited reported revenue of ₹20.52 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashgraph Technologies Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 3% 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 Ashgraph Technologies 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 | ₹20.52 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹46.75 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 Ashgraph Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Ashgraph Technologies 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 Ashgraph Technologies Private Limited
Ashgraph Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Singhal Sintered Private Limited | ₹20.77 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Aastha Tools Private Limited | ₹20.65 Cr (FY 2020) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
| Prometrik Engineering Limited | ₹20.61 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Andhra Pradesh, Telangana, India |
| R P Engineering Pvt Ltd | ₹20.59 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Howrah, West Bengal, India |
| Bellmer India Private Limited | ₹20.59 Cr (FY 2025) | •••• | •••• | 123.0% | •••• | Kolkata, West Bengal, India |
| Apsis Aerocom Limited | ₹20.57 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| C & S Tools Private Limited | ₹20.54 Cr (FY 2021) | •••• | •••• | 42.0% | •••• | Chennai, Tamil Nadu, India |
| Gripwel Conag Private Limited | ₹20.54 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Delhi, India |
| Rushiharsh Industries Private Limited | ₹20.53 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Indapur, Maharashtra, India |
| Ashgraph Technologies Private Limited this company | ₹20.52 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Nashik, Maharashtra, India |
| Yb Group of Industries Private Limited | ₹20.48 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ashgraph Technologies by revenue in the Machinery and Equipment industry (Tools and Components), 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 Ashgraph Technologies Private Limited
Ashgraph Technologies Private Limited is audited by AKNS & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AKNS & ASSOCIATES | 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 Ashgraph Technologies Private Limited
Ashgraph Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Chandra Varma Also directs: Prime Graphite Private Limited | Director | 31 Aug 2007 | 19 Years 1 Months | Current |
| Sunanda Arun Kumar Varma Also directs: Prime Graphite Private Limited | Director | 31 Aug 2007 | 19 Years 1 Months | Current |
| Shweta Ashish Varma Also directs: Prime Graphite Private Limited | Director | 31 Aug 2007 | 19 Years 1 Months | Current |
Ownership and Shareholding of Ashgraph Technologies 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 Ashgraph Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2025 | Others | ₹1.97 Cr | Open |
| 01 Aug 2024 | Others | ₹92.15 Lakh | Open |
| 24 Jan 2018 | Hdfc Bank Limited | ₹2 Cr | Open |
| 27 Jul 2023 | Sidbi | ₹70.97 Lakh | Satisfied |
| 20 Jan 2023 | Others | ₹61.8 Lakh | Satisfied |
Total charge records: 11 View all charges
MSME Payment Delays by Ashgraph Technologies Private Limited
Ashgraph Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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 Ashgraph Technologies Private Limited
Ashgraph Technologies operates one associated brand: Ashgraph Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Machining and supplying customized graphite parts for high-temperature industrial applications. | ashgraphite.com |
Employees and EPFO Compliance at Ashgraph Technologies Private Limited
Ashgraph Technologies Private Limited has a workforce of 88 employees as of Apr 02, 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 Ashgraph Technologies Private Limited
Ashgraph Technologies Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Ashish Chandra Varma was appointed as Director on 31 Aug 2007.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashgraph Technologies 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 Ashgraph Technologies 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 Ashgraph Technologies Private Limited
Ashgraph Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA5164L1ZE | 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 Ashgraph Technologies 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 Ashgraph Technologies Private Limited
Ashgraph Technologies is an active private limited company based in Nashik, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 31 August 2007 (19+ years old) and is registered under CIN U29299MH2007PTC173675.
Ashgraph Technologies reported revenue of ₹20.52 Cr for FY 2025 (down 10% YoY).
Ashgraph Technologies has 3 current directors:
- Ashish Chandra Varma - Director
- Sunanda Arun Kumar Varma - Director
- Shweta Ashish Varma - Director
Ashgraph Technologies reported a net profit of ₹46.75 Lakh (net margin 2.3%) and EBITDA of ₹1.69 Cr (EBITDA margin 8.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashgraph Technologies is 12% over three years and 25% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashgraph Technologies is 27AAGCA5164L1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashgraph Technologies is U29299MH2007PTC173675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashgraph Technologies was incorporated on 31 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashgraph Technologies by revenue are Singhal Sintered Private Limited, Aastha Tools Private Limited, Prometrik Engineering Limited, R P Engineering Pvt Ltd, Bellmer India Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Ashish Chandra Varma was appointed as Director on 31 Aug 2007. Shweta Ashish Varma was appointed as Director on 31 Aug 2007. Sunanda Arun Kumar Varma was appointed as Director on 31 Aug 2007.
Ashgraph Technologies has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Apr 2024.
Ashgraph Technologies can be reached through the website ashgraphite.com. Its registered office is in Nashik, Maharashtra, India.