Ashoka Tincans Private Limited
About Ashoka Tincans Private Limited
Data last updated:
Ashoka Tincans Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28129MP1996PTC011235. Its GSTIN is 23AABCA4057D1ZA (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.97 Lakh. It is led by directors including Ashok Jagannath Bharuka and Karan Bharuka.
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 228/229 Sector F Sanwer.Road Indore, Madhya Pradesh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.92 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.89 Lakh (net margin 0.4%) and EBITDA of ₹68.37 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹5.63 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashoka Tincans Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 228/229 Sector F Sanwer.Road Indore, Madhya Pradesh, India
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Ashoka Tincans Private Limited, 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 activities of Ashoka Tincans are manufacturing and support service to organizations. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, metal and metal products and other support services to organizations. 3 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C7 | Metal and metal products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ashoka Tincans Private Limited, buy the company report.
Financials of Ashoka Tincans Private Limited
FY 2025 filings availableAshoka Tincans Private Limited reported revenue of ₹9.92 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 17% growth in the latest year. EBITDA fell 2% 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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| Total Expenses | |||||
| EBITDA | ₹68.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.89 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 6.9% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Ashoka Tincans Private Limited, buy the company report.
Board of directors of Ashoka Tincans Private Limited
Ashoka Tincans has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Jagannath Bharuka | Director | 19 Jan 2008 | 18 Years 9 Months | Current |
| Karan Bharuka Also directs: Corum Ashoka Enterprises LLP | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
| Mohit Bharuka Also directs: Essee Packagings Private Limited | Additional Director | 06 Jan 2026 | 0 Years 10 Months | Current |
Peer comparison
Ashoka Tincans Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Bottles and Caps, Commercial Printing), 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 |
|---|---|---|---|---|---|---|
| Archana Glass Works Pvt. Ltd. | ₹9.94 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| Flexi Pack India Pvt Ltd | ₹9.94 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Ashoka Tincans Private Limitedthis company | ₹9.92 Cr (FY 2024) | ₹3.89 Lakh | 0.4% | 17.0% | Indore, Madhya Pradesh, India | |
| LDK Lami Print Private Limited | ₹9.88 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ashoka Tincans Private Limited, buy the company report.
Auditor
Ashoka Tincans Private Limited is audited by Dinesh Goyal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh Goyal & Co. | FY 2023 | 002704C |
Shareholding
The shareholding of Ashoka Tincans Private Limited 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 Ashoka Tincans Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2026 | 101233823 | Others | ₹2.5 Cr | Open | |
| 01 Mar 2022 | 100754799 | Axis Bank Limited | ₹85.85 Lakh | Open | |
| 25 Sep 2017 | 100176170 | State Bank of India | ₹2.15 Lakh | Open | |
| 22 Apr 2017 | 100111411 | Axis Bank Limited | ₹2.2 Cr | Open | |
| 27 Oct 2005 | 90210116 | State Bank of Indore | ₹5 Lakh | Open |
To see the full charge records of Ashoka Tincans Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ashoka Tincans Private Limited has 1 court case on record: 1 filed by Ashoka Tincans. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
To see the full case history of Ashoka Tincans 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
Ashoka Tincans Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 34 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Harmony Inks & Coatings Private Limited | |||
| Dinesh Goyal & Co. | |||
| Prayag Polytech Private Limited (Transfer From Delhi to Rajasthan) | |||
| Plastiblends India Limited | |||
| Deep Plast Industries |
To see the full MSME payment records of Ashoka Tincans Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ashoka Tincans has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCA4057D1ZA | Madhya Pradesh | Active | 01 Jul 2017 |
| 22AABCA4057D1ZC | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashoka Tincans Private Limited, buy the company report.
Recent activity
Ashoka Tincans Private Limited has 9 board changes on record since 1996: 6 appointments and 3 cessations. The latest: Mohit Bharuka was appointed as Additional Director on 06 Jan 2026.
7 earlier events are in the company report.
Frequently asked questions
Ashoka Tincans is an active private limited company based in Indore, Madhya Pradesh, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 September 1996 (30+ years old) and is registered under CIN U28129MP1996PTC011235.
Ashoka Tincans has 3 current directors:
- Ashok Jagannath Bharuka - Director
- Karan Bharuka - Director
- Mohit Bharuka - Additional Director
The latest financial statements of Ashoka Tincans 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 Ashoka Tincans is 23AABCA4057D1ZA, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AABCA4057D1ZC (Chattisgarh).
The CIN (Corporate Identification Number) of Ashoka Tincans is U28129MP1996PTC011235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Tincans has 1 court case on record: 1 filed by the company. 1 is pending.
Ashoka Tincans was incorporated on 23 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ashoka Tincans by revenue are Archana Glass Works Pvt. Ltd, Flexi Pack India Pvt Ltd, LDK Lami Print Private Limited, all in the Media and Publishing industry (Bottles and Caps, Commercial Printing), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mohit Bharuka was appointed as Additional Director on 06 Jan 2026. Ankit Mohit Bharuka ceased to be Director on 20 Jun 2019. Karan Bharuka was appointed as Director on 20 Jun 2019. Ashoka Tincans has 9 board changes on record in total.
Ashoka Tincans has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 34 overdue payments to 5 micro and small suppliers. The latest return was filed on 24 Oct 2019.
The registered office of Ashoka Tincans is at Plot No 228229 Sector F Sanwer.Road Indore, Madhya Pradesh, India.
Ashoka Tincans operates in the consumer electronics and durables industry, in the furniture manufacturing segment.
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