
About Ashish Rails Private Limited
Data last updated:
Ashish Rails Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the transport equipment retail and distribution segment of the transport and logistics sector. It was incorporated on 23 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2019PTC334883. Its GSTIN is 27AATCA0842L1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Vasanji Shah and Vani Surendra Gupta.
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 Te Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.63 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 4.2%) and EBITDA of ₹2.76 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company is associated with 1 brand: Ashish Rails. As per MCA filings, the company has open charges of ₹11.7 Cr on record.
For more details, the company can be reached via its website ashishrails.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address410 4th Floor Bussa Industrial Estate S.N. Lane Off G. K. Marg Behind Peninsula Corpora, Te Park, Mumbai, Maharashtra, India – 400013
- IndustryTransport and Logistics, Transport Equipment Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Ashish Rails Private Limited
The main business activity of Ashish Rails is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ashish Rails Private Limited FY 2025 filings available
Ashish Rails Private Limited reported revenue of ₹39.63 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashish Rails Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 32% growth in the latest year. EBITDA rose 93% 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 of Ashish Rails Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.66 Cr | •••• | •••• | •••• | •••• |
| 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 of Ashish Rails Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ashish Rails are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ashish Rails Private Limited
Ashish Rails Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Railway Equipment and Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Niagara Metals India Limited | ₹42.09 Cr (FY 2019) | •••• | •••• | -23.0% | •••• | Ludhiana, Punjab, India |
| Electranex India Private Limited | ₹42.04 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Parthraj Tech Industries Private Limited | ₹41.9 Cr (FY 2024) | •••• | •••• | 151.0% | •••• | Kapurthala, Punjab, India |
| Malu Sleepers (Maharashtra) Private Limited | ₹41.61 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Amsted Steel Foundries (India) Private Limited | ₹40.71 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Ashish Rails Private Limited this company | ₹39.63 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Rayalseema Concrete Sleepers Pvt Ltd | ₹39.29 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Hyderabad, Telangana, India |
| JWL Dako-Cz (India) Private Limited | ₹38.41 Cr (FY 2025) | •••• | •••• | 3602.0% | •••• | Kolkata, West Bengal, India |
| Chamunda Forgings Private Limited | ₹37.79 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Punjab, India |
| MSM Spring India Private Limited | ₹37.32 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Thiruvallur, Tamil Nadu, India |
| RP Railtech Private Limited | ₹37.07 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ashish Rails by revenue in the Transport and Logistics industry (Railway Equipment and Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ashish Rails Private Limited
Ashish Rails Private Limited is audited by MAHENDRA V. VANZARA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHENDRA V. VANZARA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ashish Rails Private Limited
Ashish Rails has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Vasanji Shah | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
| Vani Surendra Gupta | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Ashish Rails Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashish Rails Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2021 | Others | ₹11.7 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Ashish Rails Private Limited
Ashish Rails operates one associated brand: Ashish Rails. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of rails, crane rails, and fastening systems for industrial applications. | ashishrails.com |
Employees and EPFO Compliance at Ashish Rails Private Limited
Employment history and EPFO contributions of people linked to Ashish Rails.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashish Rails Private Limited
Ashish Rails Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ashish Vasanji Shah was appointed as Director on 23 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ashish Rails Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashish Rails Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashish Rails Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashish Rails Private Limited
Ashish Rails has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA0842L1ZA | Maharashtra | Active | 22 Jan 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashish Rails Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashish Rails Private Limited
Ashish Rails is an active private limited company based in Mumbai, Maharashtra, India. The company works in transport equipment retail and distribution, within the transport and logistics industry. It was incorporated on 23 December 2019 (7+ years old) and is registered under CIN U51909MH2019PTC334883.
Ashish Rails reported revenue of ₹39.63 Cr for FY 2025 (up 32% YoY).
Ashish Rails has 2 current directors:
- Ashish Vasanji Shah - Director
- Vani Surendra Gupta - Director
Ashish Rails reported a net profit of ₹1.66 Cr (net margin 4.2%) and EBITDA of ₹2.76 Cr (EBITDA margin 7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashish Rails is 33% over three years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashish Rails is 27AATCA0842L1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashish Rails is U51909MH2019PTC334883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashish Rails was incorporated on 23 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashish Rails by revenue are Niagara Metals India Limited, Electranex India Private Limited, Parthraj Tech Industries Private Limited, Malu Sleepers (Maharashtra) Private Limited, Amsted Steel Foundries (India) Private Limited and 5 more, all in the Transport and Logistics industry (Railway Equipment and Products).
Ashish Vasanji Shah was appointed as Director on 23 Dec 2019. Vani Surendra Gupta was appointed as Director on 23 Dec 2019.
Ashish Rails can be reached through the website ashishrails.com. Its registered office is in Mumbai, Maharashtra, India.