Ashit Tubes Private Limited
About Ashit Tubes Private Limited
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Ashit Tubes Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 25 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ1998PTC034174. Its GSTIN is 24AABCK2340M1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Kashish Tubes Private Limited. It is led by directors including Ashit Kirtikumar Shah and Kirtikumar Ambalal Shah.
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 709 Sakar – III Nr.Income Tax Circle Ashram Road, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.14 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹36.04 Lakh and EBITDA of -₹35.17 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address709 Sakar – III Nr.Income Tax Circle Ashram Road, Ahmedabad, Gujarat, India – 380014
- IndustryMetals and Minerals, Construction Materials 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
Financials of Ashit Tubes Private Limited FY 2025 filings available
Ashit Tubes Private Limited reported revenue of ₹1.14 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashit Tubes Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 87% fall in the latest year. EBITDA fell 536% 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 Ashit Tubes 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 | -₹35.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹36.04 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 of Ashit Tubes Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 Ashit Tubes are in the company report.
Financial statements from 2015
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 Ashit Tubes Private Limited
Ashit Tubes Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Ram Sharan Build Con Private Limited | ₹1.23 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Palwal, Haryana, India |
| Crossroads Systems Private Limited | ₹1.22 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Bengaluru, Karnataka, India |
| Gandharva Infratech Private Limited | ₹1.22 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | New Delhi, Delhi, India |
| Sravanam Estates Private Limited | ₹1.2 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Morchana Oriental Limited | ₹1.19 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Ashit Tubes Private Limited this company | ₹1.14 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Ahmedabad, Gujarat, India |
| Kiro Ceramics Private Limited | ₹1.14 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Vardhaman Refractories Pvt Ltd | ₹1.13 Lakh (FY 2024) | •••• | •••• | 26.0% | •••• | Po Barakar, West Bengal, India |
| Sona Business Private Limited | ₹1.12 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Metropolitan Distributors Private Limited | ₹1.12 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Rohan Tie-Up Private Limited | ₹1.12 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ashit Tubes by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), 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 Ashit Tubes Private Limited
Ashit Tubes Private Limited is audited by VIPUL & MANISH ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIPUL & MANISH ASSOCIATES | 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 Ashit Tubes Private Limited
Ashit Tubes has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashit Kirtikumar Shah | Director | 25 May 1998 | 28 Years 4 Months | Current |
| Kirtikumar Ambalal Shah Also directs: Sundrap Rayon and Industries Limited | Director | 01 Jun 1998 | 28 Years 4 Months | Current |
| Sharvari Ashitbhai Shah | Director | 01 Jun 1998 | 28 Years 4 Months | Current |
Ownership and Shareholding of Ashit Tubes 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 Ashit Tubes Private Limited
Ashit Tubes Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ashit Tubes Private Limited
Employment history and EPFO contributions of people linked to Ashit Tubes.
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.
CIN History of Ashit Tubes Private Limited
Ashit Tubes has one previous CIN (Corporate Identification Number): U67120GJ1998PTC034174. The current CIN is U52100GJ1998PTC034174, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100GJ1998PTC034174 | Current |
| U67120GJ1998PTC034174 | Previous |
Recent Activity on Ashit Tubes Private Limited
Ashit Tubes Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Kirtikumar Ambalal Shah was appointed as Director on 01 Jun 1998.
Credit Ratings, Litigation & Regulatory Alerts for Ashit Tubes 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 Ashit Tubes 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 Ashit Tubes 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 Ashit Tubes Private Limited
Ashit Tubes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCK2340M1ZP | Gujarat | Active | 01 Jul 2017 |
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 Ashit Tubes 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 Ashit Tubes Private Limited
Ashit Tubes is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 25 May 1998 (28+ years old) and is registered under CIN U52100GJ1998PTC034174.
Ashit Tubes reported revenue of ₹1.14 Lakh for FY 2025 (down 87% YoY).
Ashit Tubes has 3 current directors:
- Ashit Kirtikumar Shah - Director
- Kirtikumar Ambalal Shah - Director
- Sharvari Ashitbhai Shah - Director
Ashit Tubes reported a net loss of ₹36.04 Lakh and EBITDA of -₹35.17 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashit Tubes is -47% over three years and -28% over five years. In the latest year (FY 2025) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashit Tubes is 24AABCK2340M1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashit Tubes is U52100GJ1998PTC034174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashit Tubes was incorporated on 25 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashit Tubes by revenue are Shri Ram Sharan Build Con Private Limited, Crossroads Systems Private Limited, Gandharva Infratech Private Limited, Sravanam Estates Private Limited, Morchana Oriental Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution).
Kirtikumar Ambalal Shah was appointed as Director on 01 Jun 1998. Sharvari Ashitbhai Shah was appointed as Director on 01 Jun 1998. Ashit Kirtikumar Shah was appointed as Director on 25 May 1998.
The registered office of Ashit Tubes is at 709 Sakar – III Nr.Income Tax Circle Ashram Road, Ahmedabad, Gujarat, India – 380014.