About Ashish Agro-Plast Pvt Ltd
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Ashish Agro-Plast Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 16 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1991PTC015659. Its GSTIN is 24AABCA6047K1ZR (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.47 Lakh. It is led by directors Atul Dineshbhai Panchal and Pritiben Atulbhai Panchal.
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.52 Opp.N.I.A. Hall Reliance Road G.I.D.C. Naroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.14 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹7.99 Lakh (net margin 1.3%) and EBITDA of ₹1.32 Cr (EBITDA margin 21.5%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹9.77 Cr and satisfied charges of ₹32.74 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashishagroplast.com.
Company details
Contact details
Ashish Agro-Plast Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is ashishagroplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.52 Opp.N.I.A. Hall Reliance Road G.I.D.C. Naroda, Ahmedabad, Gujarat, India – 382330
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Ashish Agro-Plast Pvt Ltd, 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
Business activity
The main business activity of Ashish Agro-Plast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ashish Agro-Plast Pvt Ltd, buy the company report.
Financials of Ashish Agro-Plast Pvt Ltd
FY 2025 filings availableAshish Agro-Plast Pvt Ltd reported revenue of ₹6.14 Cr (down 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 56% fall in the latest year. EBITDA rose 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.99 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.5% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ashish Agro-Plast Pvt Ltd, buy the company report.
Board of directors of Ashish Agro-Plast Pvt Ltd
Ashish Agro-Plast has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Dineshbhai Panchal Also directs: Ashish Realflex Pipes Private Limited | Director | 01 Jul 1998 | 28 Years 4 Months | Current |
| Pritiben Atulbhai Panchal Also directs: Ashish Realflex Pipes Private Limited | Additional Director | 12 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Ashish Agro-Plast Pvt Ltd is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rudra Gauri Polyplast Private Limited | ₹6.26 Cr (FY 2024) | 1.0% | Orai, Uttar Pradesh, India | |||
| Indo Plastech Private Limited | ₹6.25 Cr (FY 2025) | 34.0% | Chandigarh, India | |||
| Gurukripa Pipe Fittings Private Limited | ₹6.16 Cr (FY 2025) | 258.0% | Varanasi, Uttar Pradesh, India | |||
| Ashish Agro-Plast Pvt Ltdthis company | ₹6.14 Cr (FY 2024) | ₹7.99 Lakh | 1.3% | -56.0% | Ahmedabad, Gujarat, India | |
| Rajvi Pipes Private Limited | ₹6.12 Cr (FY 2025) | 317.0% | Surat, Gujarat, India | |||
| G & G Irrigation Technologies Private Limited | ₹6.07 Cr (FY 2019) | 14.0% | Indore, Madhya Pradesh, India | |||
| Zipinfra Products & Services Private Limited | ₹6.04 Cr (FY 2025) | 4079.0% | Howrah, West Bengal, India |
To see the full peer comparison of Ashish Agro-Plast Pvt Ltd, buy the company report.
Auditor
Ashish Agro-Plast Pvt Ltd is audited by MILIN J. JANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MILIN J. JANI & CO. | FY 2023 | 106396W |
Shareholding
The shareholding of Ashish Agro-Plast Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashish Agro-Plast Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2020 | 100418214 | Hdfc Bank Limited | ₹6.77 Cr | Satisfied | |
| 13 May 2016 | 100158153 | Others | ₹9.6 Cr | Satisfied | |
| 17 Mar 2016 | 100019406 | Others | ₹8.98 Cr | Satisfied | |
| 30 Sep 2014 | 10530556 | Capri Global Capital Limited | ₹3 Cr | Satisfied | |
| 20 Nov 2009 | 10190678 | Bank of Baroda Dudheshwar Branch | ₹4 Cr | Satisfied |
To see the full charge records of Ashish Agro-Plast Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ashish Agro-Plast Pvt Ltd has 3 court cases on record: 3 filed by Ashish Agro-Plast. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against S S Corporation - Dipikaben Pankaj Doshi | Pending |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Anil Traders Firm and 1 other | Disposed |
To see the full case history of Ashish Agro-Plast Pvt Ltd, 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 Ashish Agro-Plast Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashish Agro-Plast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA6047K1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashish Agro-Plast Pvt Ltd, buy the company report.
Recent activity
Ashish Agro-Plast Pvt Ltd has 10 board changes on record since 1991: 6 appointments and 4 cessations. The latest: Divyang Dineshbhai Panchal ceased to be Director on 12 Dec 2023.
25 earlier events are in the company report.
Frequently asked questions
Ashish Agro-Plast is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 16 May 1991 (35+ years old) and is registered under CIN U25209GJ1991PTC015659.
Ashish Agro-Plast has 2 current directors:
- Atul Dineshbhai Panchal - Director
- Pritiben Atulbhai Panchal - Additional Director
The latest financial statements of Ashish Agro-Plast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashish Agro-Plast is 24AABCA6047K1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashish Agro-Plast is U25209GJ1991PTC015659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashish Agro-Plast has 3 court cases on record: 3 filed by the company. 2 are pending.
Ashish Agro-Plast was incorporated on 16 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashish Agro-Plast by revenue are Rudra Gauri Polyplast Private Limited, Indo Plastech Private Limited, Gurukripa Pipe Fittings Private Limited, Rajvi Pipes Private Limited, G & G Irrigation Technologies Private Limited and 1 more, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Divyang Dineshbhai Panchal ceased to be Director on 12 Dec 2023. Pritiben Atulbhai Panchal was appointed as Additional Director on 12 Dec 2023. Dineshbhai Ramchandra Panchal ceased to be Managing Director on 11 May 2021. Ashish Agro-Plast has 10 board changes on record in total.
Ashish Agro-Plast can be reached through the website ashishagroplast.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ashish Agro-Plast is at Plot No.52 Opp.N.I.A. Hall Reliance Road G.I.D.C. Naroda, Ahmedabad, Gujarat, India – 382330.
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