
About Ashirwad Engineers Private Limited
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Ashirwad Engineers Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 10 July 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1984PTC033394.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9.33 Lakh. It is led by directors including Ayushman Kashyap and Ashish Sukhdev Kashyap.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. D – 221 MIDC Ttc Thane – Belapur Rd Nerul Navi Mumbai, Maharashtra, India – 400706.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pennwalt.com.
Company details
Contact details
Ashirwad Engineers Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is pennwalt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. D – 221 MIDC Ttc Thane – Belapur Rd Nerul Navi Mumbai, Maharashtra, India – 400706
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Ashirwad Engineers Private Limited, buy the company report.
- 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
Financials of Ashirwad Engineers Private Limited
FY 2025 filings availableAshirwad Engineers Private Limited reported revenue of ₹8,220 (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 38% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Ashirwad Engineers Private Limited, buy the company report.
Board of directors of Ashirwad Engineers Private Limited
Ashirwad Engineers has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayushman Kashyap Also directs: Pennwalt Agritech Limited, Pennwalt Bertuzzi Limited, Varun Holdings Pvt Ltd and 2 more | Director | 07 Dec 2022 | 3 Years 10 Months | Current |
| Ashish Sukhdev Kashyap Also directs: Pennwalt Xeda Agro-Chem Private Limited, Pennwalt Agritech Limited, Pennwalt Bertuzzi Limited and 3 more | Director | 01 Oct 2014 | 12 Years 1 Months | Current |
| Divya Kashyap Also directs: Pennwalt Agritech Limited, Pennwalt Bertuzzi Limited, Pennwalt Finance and Investments Limited and 1 more | Director | 18 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Ashirwad Engineers Private Limited is compared with the 10 companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sembawang Infrastructure(India) Private Limited | ₹9,790 (FY 2023) | 6.0% | New Delhi, Delhi, India | |||
| Trugod India Private Limited | ₹9,500 (FY 2024) | -37.0% | New Delhi, Delhi, India | |||
| Daejoo Materials India Private Limited | ₹8,464 (FY 2024) | New Delhi, Delhi, India | ||||
| Mbn-Anchored Earth Limited | ₹8,400 (FY 2025) | -74.0% | Telangana, India | |||
| Enti Engineering & Technical Service Private Limited | ₹8,270 (FY 2025) | -100.0% | Delhi, India | |||
| Ashirwad Engineers Private Limitedthis company | ₹8,220 (FY 2025) | -38.0% | Navi Mumbai, Maharashtra, India | |||
| Janki Land Realtyy Private Limited | ₹8,002 (FY 2022) | 61.0% | Mumbai, Maharashtra, India | |||
| Visaya Energy and Infrastructures Private Limited | ₹7,272 (FY 2024) | -100.0% | Wazirabad, Haryana, India | |||
| BL Engineering Solutions Private Limited | ₹7,200 (FY 2021) | Delhi, India | ||||
| Escon Technical Services Private Limited | ₹7,141 (FY 2023) | -97.0% | Tamil Nadu, India | |||
| Hospinet Infrastructure Private Limited | ₹7,017 (FY 2025) | Hyderabad, Telangana, India |
To see the full peer comparison of Ashirwad Engineers Private Limited, buy the company report.
Auditor
Ashirwad Engineers Private Limited is audited by J ACHARYA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J ACHARYA & ASSOCIATES | FY 2019 | 011503C |
Shareholding
The shareholding of Ashirwad Engineers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
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To see the full shareholding pattern of Ashirwad Engineers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashirwad Engineers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashirwad Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ashirwad Engineers has 2 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Ashirwad Engineers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashirwad Engineers Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Ayushman Kashyap ceased to be Additional Director on 30 Aug 2023.
Frequently asked questions
Ashirwad Engineers is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 10 July 1984 (42+ years old) and is registered under CIN U99999MH1984PTC033394.
Ashirwad Engineers has 3 current directors:
- Ayushman Kashyap - Director
- Ashish Sukhdev Kashyap - Director
- Divya Kashyap - Director
The latest financial statements of Ashirwad Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ashirwad Engineers is U99999MH1984PTC033394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashirwad Engineers was incorporated on 10 July 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashirwad Engineers by revenue are Sembawang Infrastructure(India) Private Limited, Trugod India Private Limited, Daejoo Materials India Private Limited, Mbn-Anchored Earth Limited, Enti Engineering & Technical Service Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Ayushman Kashyap ceased to be Additional Director on 30 Aug 2023. Ayushman Kashyap was appointed as Director on 07 Dec 2022. Divya Kashyap ceased to be Additional Director on 25 Nov 2021. Ashirwad Engineers has 9 board changes on record in total.
Ashirwad Engineers can be reached through the website pennwalt.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Ashirwad Engineers is at Plot No. D – 221 MIDC Ttc Thane – Belapur Rd Nerul Navi Mumbai, Maharashtra, India – 400706.
Ashirwad Engineers operates in the engineering industry, in the procurement and construction (epc) segment.
The compliance status of Ashirwad Engineers is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.

