Ashtec Contractors Private Limited
About Ashtec Contractors Private Limited
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Ashtec Contractors Private Limited is a private limited company based in Areacode, Kerala, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45200KL2010PTC027231. Its GSTIN is 32AAJCA0672L1ZP (Kerala).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors Mahboob Cheemadan (Managing Director) and Sherafunnisa Mehaboob Akkaraparamban.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Building No 3/404 G.H.S Road Great Land Ugrapuram Po, Areacode, Kerala, India – 673639.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.31 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹5.22 Cr (net margin 157.9%) and EBITDA of ₹5.51 Cr (EBITDA margin 166.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.
The company has about 2,203 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.42 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashtec Contractors Private Limited's registered office is in Areacode, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBuilding No 3/404 G.H.S Road Great Land Ugrapuram Po, Areacode, Kerala, India – 673639
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ashtec Contractors 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 activity of Ashtec Contractors is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ashtec Contractors Private Limited, buy the company report.
Financials of Ashtec Contractors Private Limited
FY 2018 filings availableAshtec Contractors Private Limited reported revenue of ₹3.31 Cr (down 67% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over three years, including a 67% fall in the latest year. EBITDA rose 10% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.31 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.51 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.22 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 166.5% | |||
| Net Profit Margin | 157.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Ashtec Contractors Private Limited, buy the company report.
Board of directors of Ashtec Contractors Private Limited
Ashtec Contractors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahboob Cheemadan | Managing Director | 20 Dec 2010 | 15 Years 10 Months | Current |
| Sherafunnisa Mehaboob Akkaraparamban | Director | 20 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Ashtec Contractors Private Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abundant Acres Developers Private Limited | ₹3.31 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Singal and Sons Construction Private Limited | ₹3.31 Cr (FY 2025) | 2.0% | Haryana, India | |||
| R.V.Patil Construction Private Limited | ₹3.31 Cr (FY 2016) | 113.0% | Pune, Maharashtra, India | |||
| Ashtec Contractors Private Limitedthis company | ₹3.31 Cr (FY 2018) | ₹5.22 Cr | 157.9% | -67.0% | 2,203 | Areacode, Kerala, India |
| LKVS Malik Real Estate Private Limited | ₹3.3 Cr (FY 2025) | -34.0% | Jhajjar, Haryana, India | |||
| Saouryadi Infrabuild Private Limited | ₹3.3 Cr (FY 2025) | 168.0% | Westdelhi, Delhi, India |
To see the full peer comparison of Ashtec Contractors Private Limited, buy the company report.
Shareholding
The shareholding of Ashtec Contractors Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ashtec Contractors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2016 | 100116286 | Others | ₹1.94 Cr | Open | |
| 26 Feb 2014 | 10484550 | Others | ₹33 Lakh | Open | |
| 24 Feb 2014 | 10484541 | Others | ₹2 Cr | Open | |
| 24 Feb 2014 | 10484545 | Others | ₹2 Cr | Open | |
| 27 Jun 2012 | 10366036 | Federal Bank Limited | ₹25 Lakh | Open |
To see the full charge records of Ashtec Contractors Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ashtec Contractors Private Limited has 13 court cases on record: 11 filed by Ashtec Contractors, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Ms. Indus Towers Ltd. and 6 others | Disposed |
| High Court | Appeal | Filed by the company against Ms. Indus Towers Ltd. and 6 others | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by M/S.Sessco | Disposed |
| High Court | Court case (RP) | Filed against the company by individuals | Disposed |
| High Court | Writ petition | Filed by the company against The Commissioner of Police, Kozhikode and 7 others | Disposed |
To see the full case history of Ashtec Contractors 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 Ashtec Contractors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashtec Contractors Private Limited has a workforce of 2,203 employees on its EPFO records as of Jun 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 8 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 | |
| FY 2013-14 | |
| FY 2012-13 |
To see the full employee and EPFO history of Ashtec Contractors Private Limited, buy the company report.
GST
Ashtec Contractors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCA0672L1ZP | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashtec Contractors Private Limited, buy the company report.
Recent activity
Ashtec Contractors Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Omar Thasleem Cheemadan ceased to be Director on 06 May 2019.
3 earlier events are in the company report.
Frequently asked questions
Ashtec Contractors is an active private limited company based in Areacode, Kerala, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 December 2010 (16+ years old) and is registered under CIN U45200KL2010PTC027231.
Ashtec Contractors has 2 current directors:
- Mahboob Cheemadan - Managing Director
- Sherafunnisa Mehaboob Akkaraparamban - Director
The latest financial statements of Ashtec Contractors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashtec Contractors is 32AAJCA0672L1ZP, registered in Kerala.
The CIN (Corporate Identification Number) of Ashtec Contractors is U45200KL2010PTC027231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtec Contractors has 13 court cases on record: 11 filed by the company and 2 filed against it. Most are in the high courts.
Ashtec Contractors was incorporated on 20 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ashtec Contractors by revenue are Abundant Acres Developers Private Limited, Singal and Sons Construction Private Limited, R.V.Patil Construction Private Limited, LKVS Malik Real Estate Private Limited, Saouryadi Infrabuild Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Omar Thasleem Cheemadan ceased to be Director on 06 May 2019. Mahboob Cheemadan was appointed as Managing Director on 20 Dec 2010. Sherafunnisa Mehaboob Akkaraparamban was appointed as Director on 20 Dec 2010.
The registered office of Ashtec Contractors is at Building No 3404 G.H.S Road Great Land Ugrapuram Po, Areacode, Kerala, India – 673639.
Ashtec Contractors operates in the infrastructure and utilities industry, in the general construction services segment.
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