Ashirwad Hygiene Private Limited
About Ashirwad Hygiene Private Limited
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Ashirwad Hygiene Private Limited is a private limited company based in Punjab, India. It operates in the home care and cleaning products segment of the FMCG sector. It was incorporated on 31 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24246PB2005PTC028486. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.91 Cr. It is led by directors including Vishal Aggarwal and Ravinder Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 165 Lmodel Town Ludhiana, Punjab, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.24 Lakh. For the same year it recorded a net loss of ₹93.25 Lakh and EBITDA of -₹79.16 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹8.05 Cr on record. Court records list 17 cases involving the company, including 2 filed by the company and 15 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ashirwad Hygiene Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address165 Lmodel Town Ludhiana, Punjab, India
- IndustryFMCG, Home Care & Cleaning Products
To see the full contact details of Ashirwad Hygiene 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 Hygiene Private Limited
FY 2021 filings availableAshirwad Hygiene Private Limited reported revenue of ₹1.24 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years. EBITDA fell 9% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.24 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹79.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹93.25 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ashirwad Hygiene Private Limited, buy the company report.
Board of directors of Ashirwad Hygiene Private Limited
Ashirwad Hygiene has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Aggarwal | Director | 31 May 2005 | 21 Years 4 Months | Current |
| Ravinder Kumar | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
| Joginder Singh Baweja | Director | 31 May 2005 | 21 Years 4 Months | Current |
Auditor
Ashirwad Hygiene Private Limited is audited by M B D & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B D & ASSOCIATES | FY 2021 | 023615N |
Shareholding
The shareholding of Ashirwad Hygiene Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ashirwad Hygiene Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2011 | 10299458 | Jm Financial Asset Reconstruction Company Private Limited | ₹1.5 Cr | Open | |
| 11 Jul 2011 | 10299457 | Jm Financial Asset Reconstruction Company Private Limited | ₹1.55 Cr | Open | |
| 09 Mar 2011 | 10275268 | Jm Financial Asset Reconstruction Company Private Limited | ₹1 Cr | Open | |
| 11 Sep 2008 | 10123766 | Jm Financial Asset Reconstruction Company Private Limited | ₹2 Cr | Open | |
| 29 Mar 2007 | 10044641 | Jm Financial Asset Reconstruction Company Private Limited | ₹2 Cr | Open |
To see the full charge records of Ashirwad Hygiene Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ashirwad Hygiene Private Limited has 17 court cases on record: 2 filed by Ashirwad Hygiene, 15 filed against it. 1 case is pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 0 |
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Borkar Packaging Pvt Ltd | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against JM Financial Asset Reconstruction Company Limited Through Its Director | Disposed |
| District court, Kaithal, Haryana | Cheque dishonour complaint | Filed against the company by Ms Heritage Biotech Pvt Ltd. | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Heritage Biotech Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hindustan Gum and Chemicals Ltd | Disposed |
To see the full case history of Ashirwad Hygiene Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashirwad Hygiene Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashirwad Hygiene has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ashirwad Hygiene Private Limited, buy the company report.
Recent activity
Ashirwad Hygiene Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Ravinder Kumar was appointed as Director on 30 Sep 2014.
5 earlier events are in the company report.
Frequently asked questions
Ashirwad Hygiene is an active private limited company based in Punjab, India. The company works in home care and cleaning products, within the FMCG industry. It was incorporated on 31 May 2005 (21+ years old) and is registered under CIN U24246PB2005PTC028486.
Ashirwad Hygiene has 3 current directors:
- Vishal Aggarwal - Director
- Ravinder Kumar - Director
- Joginder Singh Baweja - Director
The latest financial statements of Ashirwad Hygiene on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Ashirwad Hygiene has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ashirwad Hygiene is U24246PB2005PTC028486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashirwad Hygiene has 17 court cases on record: 2 filed by the company and 15 filed against it. 1 is pending. Most are in the district courts.
Ashirwad Hygiene was incorporated on 31 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ravinder Kumar was appointed as Director on 30 Sep 2014. Anoop Kumar Goel ceased to be Director on 08 Jan 2011. Joginder Singh Baweja was appointed as Director on 31 May 2005. Ashirwad Hygiene has 4 board changes on record in total.
The registered office of Ashirwad Hygiene is at 165 Lmodel Town Ludhiana, Punjab, India.
Ashirwad Hygiene operates in the FMCG industry, in the home care and cleaning products segment.