About Ashi Engineering Company Private Limited
Data last updated:
Ashi Engineering Company Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 23 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC227348. Its GSTIN is 27AAKCA3247Q1Z4 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varsha Dilip Mirchandani and Dilip Naraindas Mirchandani.
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 Plot No – Rms – 19 Ttc MIDC Rabale Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2024, the company reported a revenue of ₹33,942, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹25.15 Lakh and EBITDA of -₹24.25 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 70% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashistrainers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No – Rms – 19 Ttc MIDC Rabale Navi Mumbai, Maharashtra, India – 400701
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
Financials of Ashi Engineering Company Private Limited
FY 2025 filings availableAshi Engineering Company Private Limited reported revenue of ₹33,942 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 99% fall in the latest year. EBITDA fell 347% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | -₹24.25 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹25.15 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Ashi Engineering Company 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
Board of Directors of Ashi Engineering Company Private Limited
Ashi Engineering Company has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Dilip Mirchandani | Director | 08 Feb 2021 | 5 Years 8 Months | Current |
| Dilip Naraindas Mirchandani | Director | 23 Feb 2012 | 14 Years 7 Months | Current |
Auditor Details
Ashi Engineering Company Private Limited is audited by S N KATDARE & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S N KATDARE & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Ashi Engineering Company Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Ashi Engineering Company.
: available in the company report
Recent Activity
Ashi Engineering Company Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Bilashkumar Barunkumar Dey ceased to be Additional Director on 08 Feb 2021.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Ashi Engineering Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA3247Q1Z4 | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Ashi Engineering Company is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 23 February 2012 (14+ years old) and is registered under CIN U74120MH2012PTC227348.
Ashi Engineering Company has 2 current directors:
- Varsha Dilip Mirchandani - Director
- Dilip Naraindas Mirchandani - Director
The latest financial statements of Ashi Engineering Company 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 Ashi Engineering Company is 27AAKCA3247Q1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashi Engineering Company is U74120MH2012PTC227348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashi Engineering Company was incorporated on 23 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Bilashkumar Barunkumar Dey ceased to be Additional Director on 08 Feb 2021. Varsha Dilip Mirchandani was appointed as Director on 08 Feb 2021. Ajit Gajanan Karve ceased to be Director on 13 Dec 2015. Ashi Engineering Company has 4 board changes on record in total.
Ashi Engineering Company can be reached through the website ashistrainers.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Ashi Engineering Company is at Plot No – Rms – 19 Ttc MIDC Rabale Navi Mumbai, Maharashtra, India – 400701.
Ashi Engineering Company operates in the engineering industry, in the metal foundry and fabrication services segment.