Ashro Textiles Private Limited
About Ashro Textiles Private Limited
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Ashro Textiles Private Limited is a private limited company based in Vada, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2011PTC212435.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Ravindra Bisheshwar Agrawal and Asha Ravindra Agarwal.
Its last annual general meeting (AGM) was held on 30 March 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Gala No. 7 Actual Complex Wadawali Tal – Wada Thane, Vada, Maharashtra, India – 421303.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.03 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.29 Cr (net margin -42.4%) and EBITDA of -₹64.46 Lakh (EBITDA margin -21.3%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹6.69 Cr and satisfied charges of ₹7.2 Cr on record. Court records list 9 cases involving the company, including 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGala No. 7 Actual Complex Wadawali Tal – Wada Thane, Vada, Maharashtra, India – 421303
- IndustryManufacturing, Textile & Fabric Production
- 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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Business Activity of Ashro Textiles Private Limited
The main business activity of Ashro Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Ashro Textiles Private Limited FY 2021 filings available
Ashro Textiles Private Limited reported revenue of ₹3.03 Cr (down 27% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Ashro Textiles Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 27% fall in the latest year. EBITDA rose 77% 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 Ashro Textiles Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.03 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹64.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.29 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 Ashro Textiles Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -42.4% | •••• | •••• | •••• | •••• |
| 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 Ashro Textiles 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 Ashro Textiles Private Limited
Ashro Textiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Longmile Fashions Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | •••• | Erode, Tamil Nadu, India | |
| Avni's Lifestyle Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Vadodara, Gujarat, India |
| Shyam Collection Private Limited | ₹3.03 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| SCM Champs India Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | •••• | Ferozepur, Punjab, India | |
| Shivam Texofab Private Limited | ₹3.03 Cr (FY 2023) | •••• | •••• | -23.0% | •••• | Surat, Gujarat, India |
| Ashro Textiles Private Limited this company | ₹3.03 Cr (FY 2021) | •••• | •••• | -27.0% | •••• | Vada, Maharashtra, India |
| Amrutha Spinning Mills Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | 3832.0% | •••• | Tanuku, Andhra Pradesh, India |
| Yashasvi Yarns Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | -87.0% | •••• | Dadra and Nagar Haveli, India |
| Anand Vastra Private Limited. | ₹3.03 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Delhi, India |
| M3r Seamless Private Limited | ₹3.02 Cr (FY 2024) | •••• | •••• | 81.0% | •••• | Sikar, Rajasthan, India |
| B M Fabrics (India) Private Limited | ₹3.02 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Amritsar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Ashro Textiles by revenue in the Manufacturing industry (Textiles), 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 Ashro Textiles Private Limited
Ashro Textiles Private Limited is audited by M V K ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M V K 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 Ashro Textiles Private Limited
Ashro Textiles has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Bisheshwar Agrawal Also directs: Ra Fashions Private Limited | Director | 25 Aug 2013 | 13 Years 1 Months | Current |
| Asha Ravindra Agarwal Also directs: Ra Fashions Private Limited | Director | 09 Mar 2016 | 10 Years 7 Months | Current |
Ownership and Shareholding of Ashro Textiles 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 Ashro Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2017 | Vijaya Bank | ₹1 Cr | Open |
| 28 Mar 2014 | Vijaya Bank | ₹5.69 Cr | Open |
| 12 May 2015 | Vijaya Bank | ₹7.2 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Ashro Textiles Private Limited
Ashro Textiles Private Limited has 9 court cases on record: 7 filed against it, 2 where it is another party. 2 cases are pending and 7 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shree Maruti Integrated Logistics Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Silkon Synthetics and Cotton Dyeing Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Powerica Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Government of Maharashtra Deputy Director Industrial Safety and Health | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Company is another party | Pending |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ashro Textiles Private Limited
Employment history and EPFO contributions of people linked to Ashro Textiles.
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 Ashro Textiles Private Limited
Ashro Textiles Private Limited has 14 board changes on record since 2011: 8 appointments and 6 cessations. The latest: Hanuman Balchand Sharma ceased to be Additional Director on 29 Mar 2022.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashro Textiles 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 Ashro Textiles 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 Ashro Textiles 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 Ashro Textiles Private Limited
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 Ashro Textiles 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 Ashro Textiles Private Limited
Ashro Textiles is an active private limited company based in Vada, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 January 2011 (15+ years old) and is registered under CIN U17299MH2011PTC212435.
Ashro Textiles reported revenue of ₹3.03 Cr for FY 2021 (down 27% YoY).
Ashro Textiles has 2 current directors:
- Ravindra Bisheshwar Agrawal - Director
- Asha Ravindra Agarwal - Director
Ashro Textiles reported a net loss of ₹1.29 Cr (net margin -42.4%) and EBITDA of -₹64.46 Lakh (EBITDA margin -21.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashro Textiles is -42% over three years and -26% over five years. In the latest year (FY 2021) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ashro Textiles is U17299MH2011PTC212435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashro Textiles has 9 court cases on record: 7 filed against it. 2 are pending. Most are in the district courts.
Ashro Textiles was incorporated on 17 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashro Textiles by revenue are Longmile Fashions Private Limited, Avni's Lifestyle Private Limited, Shyam Collection Private Limited, SCM Champs India Private Limited, Shivam Texofab Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Hanuman Balchand Sharma ceased to be Additional Director on 29 Mar 2022. Hanuman Balchand Sharma was appointed as Additional Director on 08 Jan 2021. Pradeep Vishwanath Tulsyan ceased to be Director on 17 Apr 2019. Ashro Textiles has 14 board changes on record in total.
The registered office of Ashro Textiles is at Gala No. 7 Actual Complex Wadawali Tal – Wada Thane, Vada, Maharashtra, India – 421303.