About Ashirwad Steels & Industries Ltd
Data last updated: 14 July 2026
Ashirwad Steels & Industries Ltd is a public limited company based in Kolkata, West Bengal, India. It specialises in oil and gas distribution and transmission, a part of the broader energy and power sector. Incorporated on 19 February 1986, the company has been in operation for over 40 years.
Registered with ROC Kolkata under CIN L67100WB1986PLC040201. Listed on BSE: 526847.
Capital: an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹12.5 Cr. Formerly known as Ashirwad Mercantiles Limited. It is led by directors including Dalbir Chhibbar and Sushma Chhibbar.
Last AGM: 10 July 2025. Financial statements filed for year ended 31 March 2025. Office: 6 Waterlooo Street5Th.Floor Room No 506, Kolkata, West Bengal, India – 700069.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹2.07 Cr, a growth of 14.54% compared to the previous year. The net worth stands at ₹85.13 Cr (up 2.42% YoY). Total assets are valued at ₹85.14 Cr (up 2.42% YoY).
The company has a workforce of approximately 11 employees as per the latest available data.
The company is associated with 1 brand - Ashirwad Steels. As per MCA filings, the company has satisfied charges of ₹8.83 Cr on record.
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.
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Registered Address6 Waterlooo Street5Th.Floor Room No 506, Kolkata, West Bengal, India – 700069
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IndustryEnergy and Power, Oil & Gas Distribution & Transmission
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Ashirwad Steels & Industries Ltd
Ashirwad Steels & Industries Ltd has one previous CIN (Corporate Identification Number): L51909WB1986PLC040201. The current CIN is L67100WB1986PLC040201, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67100WB1986PLC040201 | Current |
| L51909WB1986PLC040201 | Previous |
Associated Brands with Ashirwad Steels & Industries Ltd
Ashirwad Steels & Industries Ltd operates one associated brand: Ashirwad Steels. These brands represent Ashirwad Steels & Industries Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Raw materials for steel industries are manufactured in India. | ashirwadsteels.com |
Business Activity of Ashirwad Steels & Industries Ltd
Ashirwad Steels & Industries Ltd is engaged in principal business activities including financial and insurance service and support service to organizations, with detailed activities including other financial activities, other support services to organizations. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details for Ashirwad Steels & Industries Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Verified entity values are shown only after access is granted.
Auditor Details of Ashirwad Steels & Industries Ltd
Ashirwad Steels & Industries Ltd is audited by C.K.CHANDAK & CO. (ICAI peer reviewed, certificate valid till 2025-05-31); C.K.CHANDAK & CO. (ICAI peer reviewed, certificate valid till 2025-05-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| C.K.CHANDAK & CO. (ICAI peer reviewed, certificate valid till 2025-05-31); C.K.CHANDAK & CO. (ICAI peer reviewed, certificate valid till 2025-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Ashirwad Steels & Industries Ltd
Ashirwad Steels & Industries Ltd is currently managed by 5 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Dalbir Chhibbar
Also directs:
Doyang Wood Products Private Limited, Chhibbar Business And Fiscals Pvt Ltd, Punarvasu Vyapaar Pvt Ltd and 1 more
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Managing Director | 15 Oct 1990 | 35 Years 10 Months | Current |
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Sushma Chhibbar
Also directs:
Doyang Wood Products Private Limited, Chhibbar Business And Fiscals Pvt Ltd, Punarvasu Vyapaar Pvt Ltd and 2 more
|
Director | 06 May 2006 | 20 Years 3 Months | Current |
|
Vishesh Chhibbar
Also directs:
Doyang Wood Products Private Limited, Chhibbar Business And Fiscals Pvt Ltd, Punarvasu Vyapaar Pvt Ltd and 1 more
|
Whole-Time Director | 29 Aug 2016 | 10 Years 0 Months | Current |
|
Baninder Singh Sahni
Also directs:
Durgapur Napthalene Private Limited
|
Director | 27 Jul 2020 | 6 Years 1 Months | Current |
| Pravin Kumar Chhabra | Director | 15 Apr 2024 | 2 Years 4 Months | Current |
Financials of Ashirwad Steels & Industries Ltd FY 2026 filings available
Ashirwad Steels & Industries Ltd reported revenue of ₹2.07 Cr (up 14.54% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.07 Cr | ₹1.8 Cr | ₹1.59 Cr | ₹1.08 Cr | ₹1.58 Cr | ₹8.18 Cr | ₹2.76 Cr |
| Other Income | ₹2.1 Cr | ₹2.49 Cr | ₹2.81 Cr | ₹3.05 Cr | ₹3.18 Cr | ₹2.99 Cr | ₹14.74 Cr |
| Total Income | ₹4.16 Cr | ₹4.3 Cr | ₹4.4 Cr | ₹4.13 Cr | ₹4.76 Cr | ₹11.17 Cr | ₹17.5 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹8.68 Cr | ₹88.91 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹55.2 Lakh | -₹47.3 Lakh | ₹1.07 Cr |
| Employee Benefit Expense | ₹52.31 Lakh | ₹43.73 Lakh | ₹51.41 Lakh | ₹32.82 Lakh | ₹34.28 Lakh | ₹53.15 Lakh | ₹62.38 Lakh |
| Finance Costs | ₹5.04 Lakh | ₹2.85 Lakh | ₹6.24 Lakh | ₹1.31 Lakh | ₹5.23 Lakh | ₹9.82 Lakh | ₹2.5 Lakh |
| Depreciation & Amortisation | ₹8.24 Lakh | ₹7.94 Lakh | ₹7.62 Lakh | ₹35.24 Lakh | ₹35.95 Lakh | ₹35.6 Lakh | ₹45.86 Lakh |
| Other Expenses | ₹83.16 Lakh | ₹65.69 Lakh | ₹56.08 Lakh | ₹3.96 Cr | ₹3.8 Cr | ₹5.51 Cr | ₹4.81 Cr |
| Total Expenses | ₹1.49 Cr | ₹1.2 Cr | ₹1.21 Cr | ₹4.66 Cr | ₹5.1 Cr | ₹14.7 Cr | ₹7.89 Cr |
| Profit Before Exceptional Items & Tax | ₹2.68 Cr | ₹3.1 Cr | ₹3.19 Cr | -₹53.3 Lakh | -₹34.81 Lakh | -₹3.53 Cr | ₹9.61 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹5.31 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.68 Cr | ₹3.1 Cr | ₹3.19 Cr | ₹4.78 Cr | -₹34.81 Lakh | -₹3.53 Cr | ₹9.61 Cr |
| Total Tax Expense | ₹65.57 Lakh | ₹80.07 Lakh | ₹93.08 Lakh | ₹15.76 Lakh | -₹3.32 Lakh | ₹14.29 Lakh | ₹2.09 Cr |
| Net Profit | ₹2.02 Cr | ₹2.3 Cr | ₹2.26 Cr | ₹4.62 Cr | -₹31.49 Lakh | -₹3.67 Cr | ₹7.52 Cr |
| Other Comprehensive Income | -₹75,000 | -₹2.53 Lakh | ₹21.31 Lakh | ₹29.29 Lakh | ₹1 Cr | -₹1.2 Cr | ₹42.71 Lakh |
| Total Comprehensive Income | ₹2.01 Cr | ₹2.27 Cr | ₹2.47 Cr | ₹4.91 Cr | ₹68.86 Lakh | -₹4.87 Cr | ₹7.95 Cr |
| EBITDA (computed) | ₹2.81 Cr | ₹3.21 Cr | ₹3.32 Cr | -₹16.75 Lakh | ₹6.37 Lakh | -₹3.08 Cr | ₹10.1 Cr |
| Basic EPS | ₹1.62 | ₹1.84 | ₹1.80 | ₹3.69 | ₹-0.25 | ₹-2.94 | ₹6.02 |
| Diluted EPS | ₹1.62 | ₹1.84 | ₹1.80 | ₹3.69 | ₹-0.25 | ₹-2.94 | ₹6.02 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹85.14 Cr | ₹83.13 Cr | ₹80.94 Cr | ₹61.09 Cr | ₹57.2 Cr | ₹58.77 Cr | ₹61.65 Cr |
| Non-current Assets | ₹65.61 Cr | ₹68.49 Cr | ₹68.81 Cr | ₹37.43 Cr | ₹30.23 Cr | ₹32.85 Cr | ₹42.41 Cr |
| Current Assets | ₹19.52 Cr | ₹14.64 Cr | ₹12.13 Cr | ₹23.66 Cr | ₹26.98 Cr | ₹25.92 Cr | ₹19.24 Cr |
| Property, Plant & Equipment | ₹34.4 Lakh | ₹40.23 Lakh | ₹35.11 Lakh | ₹61.43 Lakh | ₹4.65 Cr | ₹4.99 Cr | ₹4.88 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹3.3 Cr | ₹3.87 Cr | ₹9.31 Cr |
| Trade Receivables | ₹0 | ₹0 | ₹0 | ₹0 | ₹20.89 Lakh | ₹88.53 Lakh | ₹49.97 Lakh |
| Cash & Equivalents | ₹1.17 Cr | ₹45.59 Lakh | ₹2.48 Cr | ₹2.97 Cr | ₹79.21 Lakh | ₹28.77 Lakh | ₹41.21 Lakh |
| Equity (Net Worth) | ₹85.13 Cr | ₹83.12 Cr | ₹80.85 Cr | ₹61.36 Cr | ₹56.45 Cr | ₹55.76 Cr | ₹60.63 Cr |
| Equity Share Capital | ₹12.5 Cr | ₹12.5 Cr | ₹12.5 Cr | ₹12.5 Cr | ₹12.5 Cr | ₹12.5 Cr | ₹12.5 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.99 Cr | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.99 Cr | ₹0 |
| Current Liabilities | ₹36,000 | ₹52,000 | ₹9.29 Lakh | ₹2.42 Lakh | ₹54.34 Lakh | ₹2.89 Cr | ₹32.94 Lakh |
| Total Liabilities | ₹36,000 | ₹52,000 | ₹9.29 Lakh | -₹26.74 Lakh | ₹75.52 Lakh | ₹3.01 Cr | ₹1.02 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | -₹4.36 Cr | -₹4.64 Cr | ₹9.2 Cr | ₹19.09 Cr |
| Investing Cash Flow | ₹5.13 Cr | ₹2.64 Cr | -₹11.37 Cr | ₹1.18 Cr |
| Financing Cash Flow | -₹5.04 Lakh | -₹2.85 Lakh | -₹6.23 Lakh | ₹1.31 Lakh |
| Capital Expenditure | ₹2.41 Lakh | ₹13.06 Lakh | ₹39,000 | -₹1.3 Cr |
| Free Cash Flow (computed) | -₹4.39 Cr | -₹4.77 Cr | ₹9.2 Cr | ₹17.79 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹71.44 Lakh | -₹2.03 Cr | -₹2.23 Cr | ₹20.29 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹81.42 Lakh | ₹54.12 Lakh | ₹47.99 Lakh | ₹40.29 Lakh | ₹83.25 Lakh | ₹34.35 Lakh | ₹27.84 Lakh | ₹35.01 Lakh |
| Other Income | ₹37.41 Lakh | ₹41.33 Lakh | ₹66.36 Lakh | ₹64.55 Lakh | ₹53.8 Lakh | ₹58.98 Lakh | ₹67.18 Lakh | ₹69.53 Lakh |
| Total Income | ₹1.19 Cr | ₹95.45 Lakh | ₹1.14 Cr | ₹1.05 Cr | ₹1.37 Cr | ₹93.33 Lakh | ₹95.02 Lakh | ₹1.05 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹10.92 Lakh | ₹11.14 Lakh | ₹14.35 Lakh | ₹15.9 Lakh | ₹10.32 Lakh | ₹11.8 Lakh | ₹12.02 Lakh | ₹9.59 Lakh |
| Finance Costs | ₹53,000 | ₹2.09 Lakh | ₹1.99 Lakh | ₹43,000 | ₹84,000 | ₹28,000 | ₹4,000 | ₹1.69 Lakh |
| Depreciation & Amortisation | ₹2.11 Lakh | ₹2.07 Lakh | ₹2.07 Lakh | ₹1.99 Lakh | ₹2.35 Lakh | ₹1.91 Lakh | ₹1.83 Lakh | ₹1.85 Lakh |
| Other Expenses | ₹43.71 Lakh | ₹27.56 Lakh | ₹13.66 Lakh | ₹15.36 Lakh | ₹29.71 Lakh | ₹11.05 Lakh | ₹11.21 Lakh | ₹13.72 Lakh |
| Total Expenses | ₹57.27 Lakh | ₹42.86 Lakh | ₹32.07 Lakh | ₹33.68 Lakh | ₹43.22 Lakh | ₹25.04 Lakh | ₹25.1 Lakh | ₹26.85 Lakh |
| Profit Before Exceptional Items & Tax | ₹61.56 Lakh | ₹52.59 Lakh | ₹82.28 Lakh | ₹71.16 Lakh | ₹93.83 Lakh | ₹68.29 Lakh | ₹69.92 Lakh | ₹77.69 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹61.56 Lakh | ₹52.59 Lakh | ₹82.28 Lakh | ₹71.16 Lakh | ₹93.83 Lakh | ₹68.29 Lakh | ₹69.92 Lakh | ₹77.69 Lakh |
| Total Tax Expense | ₹15.4 Lakh | ₹8.17 Lakh | ₹20.75 Lakh | ₹21.26 Lakh | ₹22.32 Lakh | ₹20.84 Lakh | ₹18.91 Lakh | ₹17.99 Lakh |
| Net Profit | ₹46.16 Lakh | ₹44.42 Lakh | ₹61.53 Lakh | ₹49.9 Lakh | ₹71.51 Lakh | ₹47.45 Lakh | ₹51.01 Lakh | ₹59.7 Lakh |
| Other Comprehensive Income | -₹49.85 Lakh | ₹20.92 Lakh | -₹2.28 Lakh | ₹30.47 Lakh | -₹36,000 | -₹13.94 Lakh | -₹2.42 Lakh | ₹14.18 Lakh |
| Total Comprehensive Income | -₹3.69 Lakh | ₹65.34 Lakh | ₹59.25 Lakh | ₹80.37 Lakh | ₹71.15 Lakh | ₹33.51 Lakh | ₹48.59 Lakh | ₹73.88 Lakh |
| EBITDA (computed) | ₹64.2 Lakh | ₹56.75 Lakh | ₹86.34 Lakh | ₹73.58 Lakh | ₹97.02 Lakh | ₹70.48 Lakh | ₹71.79 Lakh | ₹81.23 Lakh |
| Basic EPS | ₹0.37 | ₹0.36 | ₹0.49 | ₹0.40 | ₹0.57 | ₹0.38 | ₹0.41 | ₹0.48 |
| Diluted EPS | ₹0.37 | ₹0.36 | ₹0.49 | ₹0.40 | ₹0.57 | ₹0.38 | ₹0.41 | ₹0.48 |
Shareholding Pattern of Ashirwad Steels & Industries Ltd
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 69.06%, domestic institutional investors hold 0.07%, retail and other public shareholders hold 30.87% of Ashirwad Steels & Industries Ltd. The company had 8,158 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 69.06% | 69.06% | 69.06% | 69.06% | 69.06% | 69.06% |
| Public | 30.94% | 30.94% | 30.94% | 30.94% | 30.94% | 30.94% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 69.06% | 69.06% | 69.06% |
| Public | 30.94% | 30.94% | 30.94% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Ashirwad Steels & Industries Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2011 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
| 27 May 2000 | State Bank of India | ₹3.33 Cr | Satisfied |
| 18 Mar 1999 | The Federal Bank Ltd | ₹50 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Ashirwad Steels & Industries Ltd
Ashirwad Steels & Industries Ltd has a workforce of 11 employees as of Apr 07, 2024.
Employee and EPFO history for Ashirwad Steels & Industries Ltd
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GST Compliance of Ashirwad Steels & Industries Ltd
GST registrations and filing compliance for Ashirwad Steels & Industries Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Ashirwad Steels & Industries Ltd
Credit ratings, litigation, and regulatory alerts for Ashirwad Steels & Industries Ltd
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MSME Payment Delays by Ashirwad Steels & Industries Ltd
MSME payment history for Ashirwad Steels & Industries Ltd
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Subsidiaries & Group Companies of Ashirwad Steels & Industries Ltd
Corporate group structure for Ashirwad Steels & Industries Ltd
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MCA Filings & Documents of Ashirwad Steels & Industries Ltd
MCA filings and documents for Ashirwad Steels & Industries Ltd
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Recent Activity on Ashirwad Steels & Industries Ltd
Recent News on Ashirwad Steels & Industries Ltd
Frequently Asked Questions about Ashirwad Steels & Industries Ltd
Ashirwad Steels & Industries Ltd is an active public limited company in the energy and power sector based in Kolkata, West Bengal, India. It was incorporated on 19 February 1986 (40+ years old) and is registered under CIN L67100WB1986PLC040201. Listed on BSE: 526847. The company has 11 employees.
Ashirwad Steels & Industries Ltd reported revenue of ₹2.07 Cr for FY 2026 (up 14.54% YoY) based on standalone BSE filings.
The current directors of Ashirwad Steels & Industries Ltd are:
- Dalbir Chhibbar - Managing Director
- Sushma Chhibbar - Director
- Vishesh Chhibbar - Whole-Time Director
- Baninder Singh Sahni - Director
- Pravin Kumar Chhabra - Director
The primary industry of Ashirwad Steels & Industries Ltd is energy and power. The company specifically operates in oil and gas distribution and transmission. The company is currently active in this sector.
Yes. Ashirwad Steels & Industries Ltd is listed on BSE with code 526847.
Ashirwad Steels & Industries Ltd can be reached at the registered office: 6 Waterlooo Street5Th.Floor Room No 506, Kolkata, West Bengal, India – 700069, or through the website ashirwadsteels.com.