India's Richest People 2026 edition · 1 director · Source: Hurun India
- #97 Atul Ruia ₹33,400 Cr
Ashok Atul Private Limited
Ashok Atul Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company manufacturing
Revenue · FY 2024
₹22.32 Cr
▲ 334% YoY
Net profit · FY 2024
₹61.78 Cr
Net margin 276.8%
EBITDA · FY 2024
₹22.19 Cr
EBITDA margin 99.4%
Authorised capital
₹10.15 Cr
Registered with MCA
Paid-up capital
₹9.5 Cr
Issued & subscribed
Open charges
₹10.8 Cr
Secured borrowings
Company age
67 yrs
Est. 1959
Directors on board
3
As per MCA filings
About Ashok Atul Private Limited
Data last updated:
Ashok Atul Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 July 1959 and has been in existence for over 67 years.
Its director Atul Ruia is #97 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18100MH1959PTC011399. Its GSTIN is 27AABCA1436E2Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.15 Cr and a paid-up capital of ₹9.5 Cr. It was formerly known as Ashok Apparels Private Limited. It is led by directors including Gayatri Atul Ruia and Amla Ashokkumar Ruia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Phoenix Mills Premises 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.32 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹61.78 Cr (net margin 276.8%) and EBITDA of ₹22.19 Cr (EBITDA margin 99.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 49% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹10.8 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18100MH1959PTC011399
Registration Number 011399
Incorporation Date 11 July 1959
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Recognitions & Rankings of Ashok Atul
Contact details
Ashok Atul Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPhoenix Mills Premises 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ashok Atul Private Limited, buy the company report.
Comprehensive company report
Ashok Atul Private Limited - 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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Financials of Ashok Atul Private Limited
FY 2024 filings availableAshok Atul Private Limited reported revenue of ₹22.32 Cr (up 334% YoY) for FY 2024.
Revenue · FY 2024
₹22.32 Cr ▲ 334%
Net profit · FY 2024
₹61.78 Cr margin 276.8%
EBITDA · FY 2024
₹22.19 Cr margin 99.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 334%
3 years · compounded
▲ 3%
5 years · compounded
▲ 49%
EBITDA CAGR growth
3 years · compounded
▲ 20%
5 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 334% growth 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 |
|---|---|---|---|---|---|
| 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 | ₹22.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.78 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.4% | ||||
| Net Profit Margin | 276.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ashok Atul Private Limited, buy the company report.
Board of directors of Ashok Atul Private Limited
Ashok Atul has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayatri Atul Ruia Also directs: Padmashil Hospitality and Leisure Private Limited, R R Hosiery Private Limited, Caravan Realty Private Limited and 5 more | Director | 05 Feb 2019 | 7 Years 8 Months | Current |
| Amla Ashokkumar Ruia Also directs: Padmashil Hospitality and Leisure Private Limited, R R Hosiery Private Limited, Caravan Realty Private Limited and 5 more | Director | 04 Mar 1974 | 52 Years 7 Months | Current |
| Atul Ashokkumar Ruia Also directs: The Phoenix Mills Limited, Padmashil Hospitality and Leisure Private Limited, R R Hosiery Private Limited and 5 more | Director | 29 Oct 1992 | 33 Years 11 Months | Current |
Auditor
Ashok Atul Private Limited is audited by A.M. Ghelani & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.M. Ghelani & Company | FY 2022 | 103173W |
Shareholding
The shareholding of Ashok Atul Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashok Atul Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2005 | 80015904 | Corporation Bank | ₹10.8 Cr | Open |
To see the full charge records of Ashok Atul Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ashok Atul Private Limited has 12 court cases on record: 4 filed by Ashok Atul, 8 filed against it. All cases are disposed.
Total cases
12
Filed by the company
4
Filed against the company
8
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 7 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax (Central)- 4 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax(Central) | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax (Central)-4 | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company | Disposed |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed by the company against an individual | Disposed |
To see the full case history of Ashok Atul Private Limited, 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 Ashok Atul Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ashok Atul has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ashton Real Estate Development Private Limited | U70100MH2006PTC161028 |
To see the full group structure of Ashok Atul Private Limited, buy the company report.
GST
Ashok Atul has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA1436E2Z6 | Maharashtra | Active | 09 May 2022 |
To see the full GST registrations and return filing status of Ashok Atul Private Limited, buy the company report.
Recent activity
Ashok Atul Private Limited has 5 board changes on record since 1974: 3 appointments and 2 cessations. The latest: Gayatri Atul Ruia ceased to be Additional Director on 30 Sep 2019.
AGM
Ashok Atul Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ashok Atul Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Gayatri Atul Ruia ceased to be Additional Director.
Appointed
Gayatri Atul Ruia was appointed as Director.
Ceased
Ashokkumar Ruia Radhakrishna ceased to be Director.
Charges
A charge with Corporation Bank of Rs. 10.80 Cr registered on 14 Jan 2005 with Charge ID 80015904 was modified on 11 Oct 2006.
Charges
A charge with Corporation Bank amounted to Rs. 10.80 Cr with Charge ID 80015904 was registered on 14 Jan 2005.
Appointed
Atul Ashokkumar Ruia was appointed as Director.
Appointed
Amla Ashokkumar Ruia was appointed as Director.
Incorporation
11 Jul 1959
Ashok Atul Private Limited was registered on 11 Jul 1959 with Roc Mumbai & aged 67 years 3 months as per MCA records.
Frequently asked questions
Ashok Atul is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 July 1959 (67+ years old) and is registered under CIN U18100MH1959PTC011399.
Ashok Atul has 3 current directors:
- Gayatri Atul Ruia - Director
- Amla Ashokkumar Ruia - Director
- Atul Ashokkumar Ruia - Director
The latest financial statements of Ashok Atul on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashok Atul is 27AABCA1436E2Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashok Atul is U18100MH1959PTC011399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashok Atul has 12 court cases on record: 4 filed by the company and 8 filed against it. Most are in the high courts.
Ashok Atul was incorporated on 11 July 1959, making it 67+ years old. It is registered with the Registrar of Companies, Mumbai.
Gayatri Atul Ruia ceased to be Additional Director on 30 Sep 2019. Gayatri Atul Ruia was appointed as Director on 05 Feb 2019. Ashokkumar Ruia Radhakrishna ceased to be Director on 07 Jan 2019. Ashok Atul has 5 board changes on record in total.
The registered office of Ashok Atul is at Phoenix Mills Premises 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Ashok Atul operates in the manufacturing industry, in the textile and fabric production segment.