About Ashoka Refineries Limited
Data last updated: 14 July 2026
Ashoka Refineries Limited is a public limited company based in Raipur, Chattisgarh, India. It specialises in edible oils and cooking fats, a part of the broader food and beverages sector. Incorporated on 01 October 1991, the company has been in operation for over 35 years.
Registered with ROC Chhattisgarh under CIN L15143CT1991PLC006678. Listed on BSE: 526983.
Capital: an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹3.4 Cr. It is led by directors including Tulsi Ram Sahu and Mansoor Ahmed.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 408 Wallfort Ozone Fafadih, Raipur, Chattisgarh, India – 492001.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹3.64 Lakh, a decline of 88.39% compared to the previous year. The net worth stands at ₹2.45 Cr (down 5.1% YoY). Total assets are valued at ₹2.65 Cr (down 3.71% YoY).
The company is associated with 1 brand - Ashoka Refineries.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashokarefineries.com.
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Registered Address408 Wallfort Ozone Fafadih, Raipur, Chattisgarh, India – 492001
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IndustryFood and Beverages, Edible Oils & Cooking Fats
- 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 Ashoka Refineries Limited
Ashoka Refineries Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15143CT1991PLC006678, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15143CT1991PLC006678 | Current |
| L15143MP1991PLC006678 | Previous |
| U15143CT1991PLC006678 | Previous |
Associated Brands with Ashoka Refineries Limited
Ashoka Refineries Limited operates one associated brand: Ashoka Refineries. These brands represent Ashoka Refineries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Oil refining, importing, exporting, and manufacturing in India. | ashokarefineries.com |
Business Activity of Ashoka Refineries Limited
Ashoka Refineries Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Ashoka Refineries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Ashoka Refineries Limited
Ashoka Refineries Limited is audited by M/s Batra Deepak & Associates (ICAI peer reviewed, certificate valid till 2027-12-31) 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 |
|---|---|---|
| M/s Batra Deepak & Associates (ICAI peer reviewed, certificate valid till 2027-12-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Ashoka Refineries Limited
Ashoka Refineries Limited is currently managed by 6 directors, with 10 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 |
|---|---|---|---|---|
|
Tulsi Ram Sahu
Also directs:
Ashoka Refineries Limited
|
Director | 14 Nov 2017 | 8 Years 9 Months | Current |
| Mansoor Ahmed | Director | 14 Aug 2018 | 8 Years 0 Months | Current |
| Aditya Sharma | Director | 28 Jun 2021 | 5 Years 1 Months | Current |
|
Gaurav Soni
Also directs:
Ashoka Refineries Limited, Natura Hue-Chem Limited, New Era Alkaloids And Exports Ltd and 1 more
|
Director | 01 Oct 2025 | 0 Years 10 Months | Current |
| Anchal Agrawal | Director | 01 Oct 2025 | 0 Years 10 Months | Current |
|
Hifzul Rahim
Also directs:
Ashoka Refineries Limited, Natura Hue-Chem Limited, New Era Alkaloids And Exports Ltd and 1 more
|
Managing Director | 10 Aug 2023 | 3 Years 0 Months | Current |
Financials of Ashoka Refineries Limited FY 2026 filings available
Ashoka Refineries Limited reported revenue of ₹3.64 Lakh (down 88.39% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹3.64 Lakh | ₹31.34 Lakh | ₹1.48 Cr | ₹1.91 Cr | ₹2.31 Cr | ₹74.54 Lakh | ₹0 | ₹0 |
| Other Income | ₹0 | ₹0 | ₹3.97 Lakh | ₹3.53 Lakh | ₹2.87 Lakh | ₹2.27 Lakh | ₹13.47 Lakh | ₹8.2 Lakh |
| Total Income | ₹3.64 Lakh | ₹31.34 Lakh | ₹1.52 Cr | ₹1.94 Cr | ₹2.34 Cr | ₹76.81 Lakh | ₹13.47 Lakh | ₹8.2 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹3.35 Lakh | ₹28.78 Lakh | ₹1.33 Cr | ₹1.68 Cr | ₹2.05 Cr | ₹66.33 Lakh | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹9.45 Lakh | ₹11.69 Lakh | ₹9.2 Lakh | ₹8.33 Lakh | ₹3.63 Lakh | ₹3.51 Lakh | ₹2.31 Lakh | ₹2.13 Lakh |
| Finance Costs | ₹2,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹1,000 | ₹2,000 | ₹3,000 | ₹2,000 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹6.32 Lakh | ₹7.54 Lakh | ₹7.79 Lakh | ₹6.97 Lakh | ₹6.92 Lakh | ₹6.13 Lakh | ₹14.83 Lakh | ₹5.63 Lakh |
| Total Expenses | ₹19.14 Lakh | ₹48.02 Lakh | ₹1.5 Cr | ₹1.83 Cr | ₹2.16 Cr | ₹75.99 Lakh | ₹17.17 Lakh | ₹7.78 Lakh |
| Profit Before Exceptional Items & Tax | -₹15.5 Lakh | -₹16.68 Lakh | ₹2.26 Lakh | ₹10.97 Lakh | ₹18.5 Lakh | ₹82,000 | -₹3.7 Lakh | ₹42,000 |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹15.5 Lakh | -₹16.68 Lakh | ₹2.26 Lakh | ₹10.97 Lakh | ₹18.5 Lakh | ₹82,000 | -₹3.7 Lakh | ₹42,000 |
| Total Tax Expense | ₹0 | ₹0 | ₹57,000 | ₹2.11 Lakh | ₹12,000 | ₹0 | -₹11,000 | ₹11,000 |
| Net Profit | -₹15.5 Lakh | -₹16.68 Lakh | ₹1.69 Lakh | ₹8.86 Lakh | ₹18.38 Lakh | ₹82,000 | -₹3.59 Lakh | ₹31,000 |
| Other Comprehensive Income | ₹2.32 Lakh | ₹2 Lakh | -₹1.88 Lakh | ₹22.58 Lakh | ₹27.4 Lakh | ₹12.55 Lakh | ₹34.42 Lakh | ₹77.15 Lakh |
| Total Comprehensive Income | -₹13.18 Lakh | -₹14.68 Lakh | -₹19,000 | ₹31.44 Lakh | ₹45.78 Lakh | ₹13.37 Lakh | ₹30.83 Lakh | ₹77.46 Lakh |
| EBITDA (computed) | -₹15.48 Lakh | -₹16.67 Lakh | ₹2.27 Lakh | ₹10.98 Lakh | ₹18.51 Lakh | ₹84,000 | -₹3.67 Lakh | ₹44,000 |
| Basic EPS | ₹-0.39 | ₹-0.43 | ₹-0.01 | ₹0.92 | ₹1.35 | ₹0.39 | ₹-0.11 | ₹0.01 |
| Diluted EPS | ₹-0.39 | ₹-0.43 | ₹-0.01 | ₹0.92 | ₹1.35 | ₹0.39 | ₹-0.11 | ₹0.01 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹2.65 Cr | ₹2.76 Cr | ₹2.91 Cr | ₹3.34 Cr | ₹2.82 Cr | ₹2.36 Cr | ₹2.01 Cr | ₹2 Cr |
| Non-current Assets | ₹2.48 Cr | ₹2.46 Cr | ₹2.24 Cr | ₹2.04 Cr | ₹2.05 Cr | ₹2.01 Cr | ₹1.94 Cr | ₹1.96 Cr |
| Current Assets | ₹17.03 Lakh | ₹29.59 Lakh | ₹66.42 Lakh | ₹1.3 Cr | ₹77.27 Lakh | ₹34.27 Lakh | ₹7.1 Lakh | ₹4.42 Lakh |
| Property, Plant & Equipment | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹4.29 Lakh | ₹0 | ₹62.5 Lakh | ₹1.07 Cr | ₹68.91 Lakh | ₹23.97 Lakh | ₹0 | ₹0 |
| Cash & Equivalents | ₹12.39 Lakh | ₹29.59 Lakh | ₹3.88 Lakh | ₹23.35 Lakh | ₹4.26 Lakh | ₹87,000 | ₹1.08 Lakh | ₹2.19 Lakh |
| Equity (Net Worth) | ₹2.45 Cr | ₹2.58 Cr | ₹2.73 Cr | ₹2.73 Cr | ₹2.42 Cr | ₹1.96 Cr | ₹1.83 Cr | ₹1.52 Cr |
| Equity Share Capital | ₹3.4 Cr | ₹3.4 Cr | ₹3.4 Cr | ₹3.4 Cr | ₹3.4 Cr | ₹3.4 Cr | ₹3.4 Cr | ₹3.4 Cr |
| Borrowings (Non-current) | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh | ₹15 Lakh |
| Current Liabilities | ₹5.41 Lakh | ₹2.47 Lakh | ₹2.62 Lakh | ₹46.05 Lakh | ₹25.22 Lakh | ₹24.73 Lakh | ₹3.09 Lakh | ₹2.36 Lakh |
| Total Liabilities | ₹20.41 Lakh | ₹17.47 Lakh | ₹17.62 Lakh | ₹61.05 Lakh | ₹40.22 Lakh | ₹39.73 Lakh | ₹18.09 Lakh | ₹48.76 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹17.18 Lakh | ₹25.72 Lakh | -₹1.53 Cr | -₹41,000 | -₹31.31 Lakh |
| Investing Cash Flow | ₹0 | ₹0 | ₹1.3 Cr | ₹16.09 Lakh | ₹28.6 Lakh |
| Financing Cash Flow | -₹2,000 | -₹1,000 | ₹4.03 Lakh | ₹3.41 Lakh | ₹2.78 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹17.18 Lakh | ₹25.72 Lakh | -₹1.53 Cr | -₹41,000 | -₹31.31 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹17.2 Lakh | ₹25.71 Lakh | -₹19.47 Lakh | ₹19.09 Lakh | ₹7,000 |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹84,000 | ₹2.79 Lakh | ₹0 | ₹0 | ₹0 | ₹1.85 Lakh | ₹2.66 Lakh | ₹26.83 Lakh |
| Other Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Income | ₹84,000 | ₹2.79 Lakh | ₹0 | ₹0 | ₹0 | ₹1.85 Lakh | ₹2.66 Lakh | ₹26.83 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹78,000 | ₹2.1 Lakh | ₹20,000 | ₹27,000 | ₹0 | ₹1.69 Lakh | ₹2.41 Lakh | ₹24.39 Lakh |
| Changes in Inventories | ₹0 | ₹47,000 | -₹20,000 | -₹27,000 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.34 Lakh | ₹2.34 Lakh | ₹2.04 Lakh | ₹2.73 Lakh | ₹2.76 Lakh | ₹2.76 Lakh | ₹2.76 Lakh | ₹2.76 Lakh |
| Finance Costs | ₹1,000 | ₹0 | ₹0 | ₹1,000 | ₹1,000 | ₹0 | ₹0 | ₹1,000 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹1.85 Lakh | ₹1.87 Lakh | ₹1.62 Lakh | ₹97,000 | ₹2.35 Lakh | ₹2.74 Lakh | ₹1.7 Lakh | ₹1.7 Lakh |
| Total Expenses | ₹4.98 Lakh | ₹6.78 Lakh | ₹3.66 Lakh | ₹3.71 Lakh | ₹5.12 Lakh | ₹7.19 Lakh | ₹6.87 Lakh | ₹28.86 Lakh |
| Profit Before Exceptional Items & Tax | -₹4.14 Lakh | -₹3.99 Lakh | -₹3.66 Lakh | -₹3.71 Lakh | -₹5.12 Lakh | -₹5.34 Lakh | -₹4.21 Lakh | -₹2.03 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹4.14 Lakh | -₹3.99 Lakh | -₹3.66 Lakh | -₹3.71 Lakh | -₹5.12 Lakh | -₹5.34 Lakh | -₹4.21 Lakh | -₹2.03 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹4.14 Lakh | -₹3.99 Lakh | -₹3.66 Lakh | -₹3.71 Lakh | -₹5.12 Lakh | -₹5.34 Lakh | -₹4.21 Lakh | -₹2.03 Lakh |
| Other Comprehensive Income | ₹2.32 Lakh | ₹0 | ₹0 | ₹0 | ₹2 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹1.82 Lakh | -₹3.99 Lakh | -₹3.66 Lakh | -₹3.71 Lakh | -₹3.12 Lakh | -₹5.34 Lakh | -₹4.21 Lakh | -₹2.03 Lakh |
| EBITDA (computed) | -₹4.13 Lakh | -₹3.99 Lakh | -₹3.66 Lakh | -₹3.7 Lakh | -₹5.11 Lakh | -₹5.34 Lakh | -₹4.21 Lakh | -₹2.02 Lakh |
| Basic EPS | ₹-0.05 | ₹-0.12 | ₹-0.11 | ₹-0.11 | ₹-0.09 | ₹-0.16 | ₹-0.12 | ₹-0.06 |
| Diluted EPS | ₹-0.05 | ₹-0.12 | ₹-0.11 | ₹-0.11 | ₹-0.09 | ₹-0.16 | ₹-0.12 | ₹-0.06 |
Shareholding Pattern of Ashoka Refineries Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 32.94%, domestic institutional investors hold 0.29%, retail and other public shareholders hold 66.77% of Ashoka Refineries Limited. The company had 1,009 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 32.94% | 32.94% | 32.94% | 32.94% | 32.94% | 32.94% |
| Public | 67.06% | 67.06% | 67.06% | 67.06% | 67.06% | 67.06% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 32.94% | 32.94% | 32.94% |
| Public | 67.06% | 67.06% | 67.06% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings Ashoka Refineries Limited
Ashoka Refineries Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ashoka Refineries Limited
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Employee and EPFO history for Ashoka Refineries Limited
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GST Compliance of Ashoka Refineries Limited
GST registrations and filing compliance for Ashoka Refineries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ashoka Refineries Limited
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MSME Payment Delays by Ashoka Refineries Limited
MSME payment history for Ashoka Refineries Limited
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Subsidiaries & Group Companies of Ashoka Refineries Limited
Corporate group structure for Ashoka Refineries Limited
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MCA Filings & Documents of Ashoka Refineries Limited
MCA filings and documents for Ashoka Refineries Limited
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Recent Activity on Ashoka Refineries Limited
Recent News on Ashoka Refineries Limited
Frequently Asked Questions about Ashoka Refineries Limited
Ashoka Refineries Limited is an active public limited company in the food and beverages sector based in Raipur, Chattisgarh, India. It was incorporated on 01 October 1991 (35+ years old) and is registered under CIN L15143CT1991PLC006678. Listed on BSE: 526983.
Ashoka Refineries Limited reported revenue of ₹3.64 Lakh for FY 2026 (down 88.39% YoY) based on standalone BSE filings.
The current directors of Ashoka Refineries Limited are:
- Tulsi Ram Sahu - Director
- Mansoor Ahmed - Director
- Aditya Sharma - Director
- Gaurav Soni - Director
- Anchal Agrawal - Director
- Hifzul Rahim - Managing Director
The primary industry of Ashoka Refineries Limited is food and beverages. The company specifically operates in edible oils and cooking fats. The company is currently active in this sector.
Yes. Ashoka Refineries Limited is listed on BSE with code 526983.
Ashoka Refineries Limited can be reached at the registered office: 408 Wallfort Ozone Fafadih, Raipur, Chattisgarh, India – 492001, or through the website ashokarefineries.com.