About Ashi Engineering Company Private Limited
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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.
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- 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
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Financials of Ashi Engineering Company Private Limited FY 2025 filings available
Ashi Engineering Company Private Limited reported revenue of ₹33,942 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashi Engineering Company Private Limited
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 of Ashi Engineering Company Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 of Ashi Engineering Company Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 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
Verified entity values are shown only after access is granted.
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 |
Peer Comparison of Ashi Engineering Company Private Limited
Ashi Engineering Company Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MBV Aerospace Private Limited | ₹37,636 (FY 2024) | •••• | •••• | •••• | Mysore, Karnataka, India | |
| Mahendra Shah Dealers Private Limited | ₹37,250 (FY 2025) | •••• | •••• | 1.0% | •••• | Bilaspur, Chhattisgarh, India |
| Sunny Ferro Products Pvt Ltd. | ₹35,360 (FY 2021) | •••• | •••• | -5.0% | •••• | Howrah, West Bengal, India |
| Sunrise Conclave Private Limited | ₹34,332 (FY 2024) | •••• | •••• | -78.0% | •••• | Kolkata, West Bengal, India |
| Metedge Engineering Private Limited | ₹34,284 (FY 2024) | •••• | •••• | 38.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Ashi Engineering Company Private Limited this company | ₹33,942 (FY 2024) | •••• | •••• | -99.0% | •••• | Navi Mumbai, Maharashtra, India |
| Roshni Nirman Private Limited | ₹33,887 (FY 2024) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Swaraj Vanijya Private Limited | ₹33,662 (FY 2024) | •••• | •••• | -90.0% | •••• | Kolkata, West Bengal, India |
| P K Aluinfra Private Limited | ₹33,422 (FY 2025) | •••• | •••• | 127.0% | •••• | Delhi, India |
| Shivkripa Ingots Private Limited | ₹33,270 (FY 2023) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Sristi Associates Private Limited | ₹33,173 (FY 2025) | •••• | •••• | 26.0% | •••• | Jamshedpur, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Ashi Engineering Company by revenue in the Engineering industry (Foundry and Fabrication), 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 Ashi Engineering Company Private Limited
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 |
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.
Ownership and Shareholding of Ashi Engineering Company 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 Ashi Engineering Company Private Limited
Ashi Engineering Company Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ashi Engineering Company Private Limited
Employment history and EPFO contributions of people linked to Ashi Engineering Company.
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 Ashi Engineering Company Private Limited
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 for Ashi Engineering Company 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 Ashi Engineering Company 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 Ashi Engineering Company 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 Ashi Engineering Company Private Limited
Ashi Engineering Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA3247Q1Z4 | 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 Ashi Engineering Company 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 Ashi Engineering Company Private Limited
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 reported revenue of ₹33,942 for FY 2024 (down 99% YoY).
Ashi Engineering Company has 2 current directors:
- Varsha Dilip Mirchandani - Director
- Dilip Naraindas Mirchandani - Director
Ashi Engineering Company reported a net loss of ₹25.15 Lakh and EBITDA of -₹24.25 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashi Engineering Company is -84% over three years and -70% over five years. In the latest year (FY 2024) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Ashi Engineering Company by revenue are MBV Aerospace Private Limited, Mahendra Shah Dealers Private Limited, Sunny Ferro Products Pvt Ltd, Sunrise Conclave Private Limited, Metedge Engineering Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
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.