Ashirwad Steels & Industries Ltd - energy and power in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L67100WB1986PLC040201 Incorporated 19 February 1986 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - BSE: 526847 Public Limited Company energy and power MSME · Micro
Data last updated
Market Cap
₹27.90 Cr
ASHSI · BSE
Share Price
₹22.32
0.00% today
Revenue
₹4.12 Cr
FY 2025-26 · -4.2% YoY
EBITDA
₹2.76 Cr
Margin 67.0%
Net Profit
₹2.02 Cr
FY 2025-26 · -12.2% YoY
P/E (TTM)
13.3x
P/B 0.3x
ROE
2.4%
ROCE 3.2%
Authorised capital
₹12.5 Cr
Registered with MCA

About Ashirwad Steels & Industries Ltd

Data last updated:

Ashirwad Steels & Industries Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 19 February 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L67100WB1986PLC040201. Its GSTIN is 19AACCA0851G1ZY (West Bengal). The company holds 5 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526847.

The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹12.5 Cr. It was formerly known as Ashirwad Mercantiles Limited. It is led by directors including Dalbir Chhibbar (Managing Director) and Vishesh Chhibbar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 10 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6 Waterlooo Street5Th.Floor Room No 506, Kolkata, West Bengal, India – 700069.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹4.12 Cr, a decline of 4.2% compared to the previous year. For the same year it recorded a net profit of ₹2.02 Cr (net margin 49%) and EBITDA of ₹2.76 Cr (EBITDA margin 67%). The net worth stands at ₹85.13 Cr (up 2.4% YoY). Total assets are valued at ₹85.13 Cr (up 2.4% YoY).

The company has about 11 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Ashirwad Steels. As per MCA filings, the company has satisfied charges of ₹8.83 Cr on record. Court records list 25 cases involving the company, including 21 filed by the company and 4 filed against it; 2 cases are pending. The company has 12 deals on record (12 market trades); the latest was in July 2024.

Ashirwad Steels & Industries Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0059586). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashirwadsteels.com.

Company details

CIN L67100WB1986PLC040201
Registration Number 040201
Incorporation Date 19 February 1986
ROC Kolkata
Listing Status Listed - Listed on BSE (526847)
Company Status Active
Date of Last AGM 10 July 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0059586

CIN history

Ashirwad Steels & Industries has one previous CIN (Corporate Identification Number): L51909WB1986PLC040201. The current CIN is L67100WB1986PLC040201, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L67100WB1986PLC040201Current
L51909WB1986PLC040201Previous

Recognitions & Rankings of Ashirwad Steels & Industries

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-WB-10-0059586

Contact details

Ashirwad Steels & Industries Ltd's registered office is in Kolkata, West Bengal. Its website is ashirwadsteels.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    6 Waterlooo Street5Th.Floor Room No 506, Kolkata, West Bengal, India – 700069
  • Industry
    Energy and Power, Oil & Gas Distribution & Transmission

To see the full contact details of Ashirwad Steels & Industries Ltd, buy the company report.

Comprehensive company report
Ashirwad Steels & Industries Ltd - one report that includes everything
  • 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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Brands

Ashirwad Steels & Industries operates one associated brand: Ashirwad Steels. Each brand links to its own profile.

BrandDescriptionWebsite
Raw materials for steel industries are manufactured in India.ashirwadsteels.com

Business activity

The main business activities of Ashirwad Steels & Industries are financial and insurance service and support service to organizations. In detail, this covers other financial activities and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Ashirwad Steels & Industries Ltd, buy the company report.

Financials of Ashirwad Steels & Industries Ltd

FY 2025-26 filings available

Ashirwad Steels & Industries Ltd reported revenue of ₹4.12 Cr (down 4.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹4.12 Cr
-4.2% YoY
EBITDA
₹2.76 Cr
-14.0% YoY
Profit After Tax
₹2.02 Cr
-12.2% YoY
Net Worth
₹85.13 Cr
+2.4% YoY
Total Assets
₹85.13 Cr
+2.4% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4.124.304.404.444.051.588.18
Revenue growth-4.2%-2.3%-0.9%+9.6%+156.3%-80.7%-
EBITDA2.763.213.332.89(0.05)(3.11)(6.06)
EBITDA margin+67.0%+74.7%+75.7%+65.1%-1.2%-196.8%-74.1%
Profit before tax2.683.103.1818.664.78(0.35)(3.53)
Net profit2.022.302.25(0.72)(1.39)0.930.44
Net profit margin+49.0%+53.5%+51.1%-16.2%-34.3%+58.9%+5.4%
EPS (₹)1.621.841.8013.413.69(0.25)(2.94)
Balance sheet
Total assets85.1383.1280.8578.3861.3656.4557.75
Net worth85.1383.1280.8578.3861.3656.4555.76
Total debt0.000.000.000.000.000.001.99
Cash & bank1.170.462.480.752.970.790.29
Net working capital19.5214.3812.0319.5123.6526.4425.03
Cash flow
Cash from operations(4.36)(4.39)9.2016.499.15(1.02)3.66
Cash from investing5.132.39(47.77)(9.27)11.153.49(16.87)
Cash from financing(0.05)(0.03)(0.06)(0.02)(0.01)(2.05)1.90
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.540.810.540.480.400.830.340.28
Revenue growth (YoY)+35.0%-2.4%+58.8%+71.4%+14.3%---
Other income0.590.370.410.660.650.540.590.67
Total expenses0.350.550.390.280.310.400.230.23
EBITDA0.190.260.150.200.090.430.110.05
EBITDA margin+35.2%+32.1%+27.8%+41.7%+22.5%+51.8%+32.4%+17.9%
Depreciation0.020.020.020.020.020.020.020.02
Interest0.000.010.020.020.000.010.000.00
Profit before tax0.760.600.520.820.720.940.680.70
Tax0.240.150.080.210.210.220.210.19

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.540.810.540.480.400.830.340.28
Revenue growth (YoY)+35.0%-2.4%+58.8%+71.4%+14.3%---
Other income0.590.370.410.660.650.540.590.67
Total expenses0.350.550.390.280.310.400.230.23
EBITDA0.190.260.150.200.090.430.110.05
EBITDA margin+35.2%+32.1%+27.8%+41.7%+22.5%+51.8%+32.4%+17.9%
Depreciation0.020.020.020.020.020.020.020.02
Interest0.000.010.020.020.000.010.000.00
Profit before tax0.760.600.520.820.720.940.680.70
Tax0.240.150.080.210.210.220.210.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4.124.304.404.444.051.588.18
Revenue growth-4.2%-2.3%-0.9%+9.6%+156.3%-80.7%-
Other income0.050.000.0015.885.383.182.99
Total expenses1.361.091.071.554.104.6914.24
Employee cost0.330.240.320.430.330.340.53
EBITDA2.763.213.332.89(0.05)(3.11)(6.06)
EBITDA margin+67.0%+74.7%+75.7%+65.1%-1.2%-196.8%-74.1%
Depreciation0.080.080.080.080.350.360.36
Interest0.050.030.070.030.200.060.10
Profit before tax2.683.103.1818.664.78(0.35)(3.53)
Tax0.660.800.931.890.15(0.03)0.15
Net profit2.022.302.25(0.72)(1.39)0.930.44
Net profit margin+49.0%+53.5%+51.1%-16.2%-34.3%+58.9%+5.4%
EPS (₹)1.621.841.8013.413.69(0.25)(2.94)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.5012.5012.5012.5012.5012.5012.50
Reserves & surplus72.6370.6268.3565.8848.8643.9543.26
Shareholders' funds (net worth)85.1383.1280.8578.3861.3656.4555.76
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.001.99
Total debt0.000.000.000.000.000.001.99
Total liabilities85.1383.1280.8578.3861.3656.4557.75
Assets
Gross block1.411.381.251.251.7212.8012.78
Net block0.350.400.350.430.624.654.99
Capital work in progress0.000.000.000.000.000.940.00
Investments41.8636.2031.8117.375.218.9810.21
Inventories0.000.000.000.000.003.303.87
Sundry debtors0.000.000.000.000.000.210.89
Cash & bank balances1.170.462.480.752.970.790.29
Loans & advances18.3513.939.6518.7620.7022.6820.87
Total current assets19.5214.3912.1319.5123.6726.9825.92
Total current liabilities0.000.010.100.000.020.540.89
Net working capital19.5214.3812.0319.5123.6526.4425.03
Total assets85.1383.1280.8578.3861.3656.4557.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.462.4841.1233.9213.6313.2124.53
Net cash from operating activities(4.36)(4.39)9.2016.499.15(1.02)3.66
Net cash from investing activities5.132.39(47.77)(9.27)11.153.49(16.87)
Net cash from financing activities(0.05)(0.03)(0.06)(0.02)(0.01)(2.05)1.90
Net change in cash0.71(2.03)(38.63)7.2020.290.42(11.31)
Closing cash1.170.462.480.752.970.790.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-4.2%-2.3%-0.9%+9.6%+156.3%-80.7%-
EBITDA growth-14.0%-3.6%+15.2%+5880.0%+98.4%+48.7%-
PBT growth-13.6%-2.5%-83.0%+290.4%+9998.0%+90.1%-
Net income growth-12.2%+2.2%+412.5%+48.2%-249.5%+111.4%-
Revenue CAGR (3Y)-2.5%+2.0%+40.7%-18.4%+13.5%-58.6%+64.1%
EBITDA CAGR (3Y)-1.5%----77.9%+66.8%+108.4%
Profitability & leverage
Net income margin+49.0%+53.5%+51.1%+377.7%+114.3%-20.3%-45.0%
Return on capital employed+3.3%+3.8%+4.1%+4.0%-0.6%+1.7%+0.9%
Return on net worth+2.4%+2.8%+2.8%-1.0%-2.4%+1.7%+0.8%
Debt / equity0.000.000.000.000.000.020.02
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover1.870.962.151.07-50.00-1.73-1.56
Efficiency & per share
Fixed asset turnover2.993.273.5213.681.300.130.76
Inventory turnover0.000.000.000.005.720.471.44
Debtors turnover0.000.000.000.0089.813.0513.64
EPS (₹)1.621.841.8013.413.69(0.25)(2.94)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)68.1166.5064.6862.7049.0945.1644.61

To see the full year-wise statements and ratios of Ashirwad Steels & Industries Ltd, buy the company report.

Board of directors of Ashirwad Steels & Industries Ltd

Ashirwad Steels & Industries has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dalbir ChhibbarManaging Director15 Oct 199036 Years 0 MonthsCurrent
Sushma ChhibbarDirector06 May 200620 Years 5 MonthsCurrent
Vishesh ChhibbarWhole-Time Director29 Aug 201610 Years 1 MonthsCurrent
Baninder Singh SahniDirector27 Jul 20206 Years 3 MonthsCurrent
Pravin Kumar ChhabraDirector15 Apr 20242 Years 6 MonthsCurrent

Auditor

Ashirwad Steels & Industries Ltd is audited by C. K. Chandak & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
C. K. Chandak & CoFY 2023326844E

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 69.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 30.90%.

Promoters: 69.10%DII (Domestic Institutional): 0.10%Retail & Others: 30.90%
Mar 2026
QUARTER
69.10% Promoters
0.10% DII (Domestic Institutional)
30.90% Retail & Others
Promoter holding - history
Now 69.10% · Mar 2026High 69.10% · Jun 2025Low 69.10% · Jun 2025
68%68.8%69.5%70.3%71%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 69.10%Sep 2025: 69.10%Dec 2025: 69.10%Mar 2026: 69.10%69.10%69.10%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters69.10%69.10%69.10%69.10%
Public30.90%30.90%30.90%30.90%

Charges & borrowings

Open charges
None
Satisfied charges
₹8.83 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.00 Cr
State Bank of India₹3.33 Cr
The Federal Bank Ltd₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jan 201110270265Hdfc Bank Limited₹5 CrSatisfied
27 May 200090255978State Bank of India₹3.33 CrSatisfied
18 Mar 199990255919The Federal Bank Ltd₹50 LakhSatisfied

To see the full charge records of Ashirwad Steels & Industries Ltd, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Ashirwad Steels & Industries Ltd has 12 deals on record (12 market trades); the latest was in July 2024.

Total deals
12
Market trades
12

Deals on record (5 of 12)

WhenDealAmountParties
Jul 2024Market trade₹28.6 LakhSeller: Swagat Trexim Pvt. Ltd.
Mar 2023Market trade₹45 LakhBuyer: Aumit Capital Advisors Limited
Jul 2021Market trade₹18.7 LakhBuyer: Consortium Capital Private Limited
Seller: Dhanlabh Consultancy Private Limited
Jun 2018Market trade₹21.9 LakhBuyer: Dhanlabh Consultancy Private Limited
Seller: an individual
Jun 2018Market trade₹21.6 LakhBuyer: Dhanlabh Consultancy Private Limited
Seller: an individual

To see the full deal history of Ashirwad Steels & Industries Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ashirwad Steels & Industries Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ashirwad Steels & Industries Ltd has a workforce of 11 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1

GST

Ashirwad Steels & Industries has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
19AACCA0851G1ZYWest BengalActive01 Jul 2017
20AACCA0851G1ZFJharkhandActive01 Jul 2017

To see the full GST registrations and return filing status of Ashirwad Steels & Industries Ltd, buy the company report.

Recent activity

Ashirwad Steels & Industries Ltd has 9 board changes on record since 1990: 7 appointments and 2 cessations. The latest: Pravin Kumar Chhabra was appointed as Director on 15 Apr 2024.

Filing
Ashirwad Steels & Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
AGM
Ashirwad Steels & Industries Ltd last Annual general meeting of members was held on 10 Jul 2025 as per latest MCA records.
Appointed
Pravin Kumar Chhabra was appointed as Director.
Ceased
Neeraj Chhabra ceased to be Director.
Ceased
Puran Mal Agrawal ceased to be Director.
Appointed
Baninder Singh Sahni was appointed as Director.
Appointed
Neeraj Chhabra was appointed as Director.
Appointed
Vishesh Chhibbar was appointed as Whole-Time Director.
Charges
A charge registered on 31 Jan 2011 via Charge ID 10270265 with Hdfc Bank Limited was fully satisfied on 28 Jul 2016.
Charges
A charge registered on 27 May 2000 via Charge ID 90255978 with State Bank Of India was fully satisfied on 20 Nov 2013.
Charges
A charge registered on 18 Mar 1999 via Charge ID 90255919 with The Federal Bank Ltd was fully satisfied on 07 Nov 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10270265 was registered on 31 Jan 2011.

6 earlier events are in the company report.

Frequently asked questions

Ashirwad Steels & Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 19 February 1986 (40+ years old) and is registered under CIN L67100WB1986PLC040201. Listed on BSE: 526847.

Ashirwad Steels & Industries reported revenue of ₹4.12 Cr for FY 2025-26 (down 4.2% YoY) based on standalone financials.

Ashirwad Steels & Industries has 5 current directors:

The latest financial statements of Ashirwad Steels & Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ashirwad Steels & Industries is 19AACCA0851G1ZY, registered in West Bengal. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 20AACCA0851G1ZF (Jharkhand).

The CIN (Corporate Identification Number) of Ashirwad Steels & Industries is L67100WB1986PLC040201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ashirwad Steels & Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 526847).

Ashirwad Steels & Industries has 25 court cases on record: 21 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.

Ashirwad Steels & Industries was incorporated on 19 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.

Ashirwad Steels & Industries has 12 deals on record (12 market trades); the latest was in July 2024.