About Ashta Liners Private Limited
Data last updated:
Ashta Liners Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 29 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U35203MH1988PTC049015. Its GSTIN is 27AACCA2044H1Z2 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.28 Cr. It is led by directors including Nitin Premaraj Zanvar (Whole-Time Director) and Rohan Narendra Zanvar (Whole-Time Director).
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 47 Shivaji Park Kolhapur, Maharashtra, India – 416001.
As per the financials filed for FY 2025, the company reported a revenue of ₹255.72 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹22.05 Cr (net margin 8.6%) and EBITDA of ₹33.71 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹14.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zanvargroup.com.
CIN History of Ashta Liners Private Limited
Ashta Liners has one previous CIN (Corporate Identification Number): U35203MH1980PTC049015. The current CIN is U35203MH1988PTC049015, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35203MH1988PTC049015 | Current |
| U35203MH1980PTC049015 | Previous |
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- Website
- Social Media
- Registered Address47 Shivaji Park Kolhapur, Maharashtra, India – 416001
- IndustryManufacturing, Die Casting & Metal Forming
- 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
Business Activity of Ashta Liners Private Limited
The main business activity of Ashta Liners is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal 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 Ashta Liners Private Limited FY 2025 filings available
Ashta Liners Private Limited reported revenue of ₹255.72 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashta Liners Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 19% 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 Ashta Liners 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 | ₹33.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.05 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 Ashta Liners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.6% | •••• | •••• | •••• | •••• |
| 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 Ashta Liners 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.
Board of Directors of Ashta Liners Private Limited
Ashta Liners has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadev Kashinath Damakale Also directs: Kasturi Foundry Private Limited, E D Steels Pvt Ltd, S J Iron and Steels Pvt Ltd and 2 more | Director | 12 May 2021 | 5 Years 5 Months | Current |
| Nitin Premaraj Zanvar Also directs: Kasturi Foundry Private Limited | Whole-Time Director | 21 Apr 1994 | 32 Years 6 Months | Current |
| Rohan Narendra Zanvar Also directs: Kasturi Foundry Private Limited, E D Steels Pvt Ltd, S J Iron and Steels Pvt Ltd and 4 more | Whole-Time Director | 01 Jul 2015 | 11 Years 3 Months | Current |
| Neeraj Narendra Zanvar Also directs: Kasturi Foundry Private Limited, E D Steels Pvt Ltd, S J Iron and Steels Pvt Ltd and 4 more | Whole-Time Director | 10 Oct 2010 | 16 Years 0 Months | Current |
| Narendra Rampratap Zanvar | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
Peer Comparison of Ashta Liners Private Limited
Ashta Liners Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Die Casting). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Taural India Private Limited | ₹268.8 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Rba Ferro Industries Private Limited | ₹266.54 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| GPT Castings Limited | ₹266.45 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Western Precicast P Ltd | ₹261.03 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Sangali, Maharashtra, India |
| Shri Jaibaba Casting Private Limited | ₹258.16 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Bhilai, Chhattisgarh, India |
| Ashta Liners Private Limited this company | ₹255.72 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolhapur, Maharashtra, India |
| Asiaan Metals & Aluminium Casting Private Limited | ₹251.9 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| La Tim Sourcing (India) Private Limited | ₹251.63 Cr (FY 2023) | •••• | •••• | -51.0% | •••• | Mumbai, Maharashtra, India |
| Kosei Minda Aluminum Company Private Limited | ₹251.41 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Delhi, India |
| GN Altech Private Limited | ₹248.94 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Rajkot, Gujarat, India |
| Himgiri Castings Pvt Ltd | ₹247.87 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ashta Liners by revenue in the Manufacturing industry (Die Casting), 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 Ashta Liners Private Limited
Auditor information for Ashta Liners Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Ashta Liners 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 Ashta Liners Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2011 | Apna Sahakari Bank Ltd. | ₹3 Cr | Satisfied |
| 12 Oct 2010 | Rajarambapu Shahakari Bank Ltd. | ₹1.38 Cr | Satisfied |
| 24 Oct 2008 | Rajarambapu Sahakari Bank Ltd. | ₹1.5 Cr | Satisfied |
| 18 Jul 2006 | The Saraswat Co-Operative Bank Ltd. | ₹19.87 Lakh | Satisfied |
| 02 Jan 2006 | The United Western Bank Limited | ₹1.5 Cr | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Ashta Liners Private Limited
Employment history and EPFO contributions of people linked to Ashta Liners.
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 Ashta Liners Private Limited
Ashta Liners Private Limited has 11 board changes on record since 1994: 5 appointments and 6 cessations. The latest: Mahadev Kashinath Damakale ceased to be Additional Director on 29 Sep 2024.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashta Liners 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 Ashta Liners 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 Ashta Liners 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 Ashta Liners Private Limited
Ashta Liners has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA2044H1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCA2044H1DB | Maharashtra | Active | 02 Dec 2024 |
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 Ashta Liners 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 Ashta Liners Private Limited
Ashta Liners is an active private limited company based in Kolhapur, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 29 September 1988 (38+ years old) and is registered under CIN U35203MH1988PTC049015.
Ashta Liners reported revenue of ₹255.72 Cr for FY 2025 (down 4% YoY).
Ashta Liners has 5 current directors:
- Nitin Premaraj Zanvar - Whole-Time Director
- Rohan Narendra Zanvar - Whole-Time Director
- Neeraj Narendra Zanvar - Whole-Time Director
- Mahadev Kashinath Damakale - Director
- Narendra Rampratap Zanvar - Director
Ashta Liners reported a net profit of ₹22.05 Cr (net margin 8.6%) and EBITDA of ₹33.71 Cr (EBITDA margin 13.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashta Liners is 10% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashta Liners is 27AACCA2044H1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCA2044H1DB (Maharashtra).
The CIN (Corporate Identification Number) of Ashta Liners is U35203MH1988PTC049015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashta Liners was incorporated on 29 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ashta Liners by revenue are Taural India Private Limited, Rba Ferro Industries Private Limited, GPT Castings Limited, Western Precicast P Ltd, Shri Jaibaba Casting Private Limited and 5 more, all in the Manufacturing industry (Die Casting).
Mahadev Kashinath Damakale ceased to be Additional Director on 29 Sep 2024. Rampratap Shivnarayan Zanvar ceased to be Managing Director on 23 Jun 2021. Mahadev Kashinath Damakale was appointed as Director on 12 May 2021. Ashta Liners has 11 board changes on record in total.
Ashta Liners can be reached through the website zanvargroup.com. Its registered office is in Kolhapur, Maharashtra, India.