Ashtech Electronics (India) Pvt Ltd
About Ashtech Electronics (India) Pvt Ltd
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Ashtech Electronics (India) Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the computer hardware manufacturing and retail segment of the technology and IT services sector. It was incorporated on 16 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1983PTC029985. Its GSTIN is 27AADCA1824A1ZD (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manisha Pradeep Patel and Pradeep Pravinbhai Patel.
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 Unit No 77 Sdf 111 Seppez Andheri (E), Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.44 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.9 Lakh (net margin 21.3%) and EBITDA of ₹7.28 Lakh (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 115% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressUnit No 77 Sdf 111 Seppez Andheri (E), Mumbai, Maharashtra, India – 400096
- IndustryInformation Technology, Computer Hardware Manufacturing & Retail
- 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
Financials of Ashtech Electronics (India) Pvt Ltd FY 2025 filings available
Ashtech Electronics (India) Pvt Ltd reported revenue of ₹32.44 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashtech Electronics (India) Pvt Ltd
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 49% 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 Ashtech Electronics (India) Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹7.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.9 Lakh | •••• | •••• | •••• | •••• |
| 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 Ashtech Electronics (India) Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.3% | •••• | •••• | •••• | •••• |
| 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 Ashtech Electronics (India) 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 Ashtech Electronics (India) Pvt Ltd
Ashtech Electronics (India) Pvt Ltd is compared with the companies closest to it by revenue in the Information Technology industry (Computer Hardware). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M C Softech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Vkscc Info Solutions Private Limited | •••• | •••• | •••• | •••• | - | Udhampur, Jammu & Kashmir, India |
| Netsys Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Atlanta Print Systems Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad., Telangana, India |
| Scraptechies Solutions Private Limited | •••• | •••• | •••• | •••• | - | North Twenty Four Pargana, West Bengal, India |
| Ashtech Electronics (India) Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Leonex Systems Private Limited | •••• | •••• | •••• | •••• | - | Chennai-53., Tamil Nadu, India |
| Avaan Intellect Systems Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Commerce Velocity (India) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Duratonic Systems Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Yellow Whale Technologies Private Limited | •••• | •••• | •••• | •••• | - | Prabhadevi, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ashtech Electronics (India) by revenue in the Information Technology industry (Computer Hardware), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ashtech Electronics (India) Pvt Ltd
Ashtech Electronics (India) Pvt Ltd is audited by S R DHARIWAL & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R DHARIWAL & CO | 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 Ashtech Electronics (India) Pvt Ltd
Ashtech Electronics (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Pradeep Patel | Director | 25 Oct 2016 | 9 Years 11 Months | Current |
| Pradeep Pravinbhai Patel | Additional Director | 24 Nov 2022 | 3 Years 10 Months | Current |
Ownership and Shareholding of Ashtech Electronics (India) Pvt Ltd
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 Ashtech Electronics (India) Pvt Ltd
Ashtech Electronics (India) Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ashtech Electronics (India) Pvt Ltd
Employment history and EPFO contributions of people linked to Ashtech Electronics (India).
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 Ashtech Electronics (India) Pvt Ltd
Ashtech Electronics (India) Pvt Ltd has 6 board changes on record since 1983: 4 appointments and 2 cessations. The latest: Vijay Haridas Asher ceased to be Director on 12 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ashtech Electronics (India) Pvt Ltd
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 Ashtech Electronics (India) Pvt Ltd
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 Ashtech Electronics (India) Pvt Ltd
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 Ashtech Electronics (India) Pvt Ltd
Ashtech Electronics (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA1824A1ZD | Maharashtra | Active | 01 Jul 2017 |
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 Ashtech Electronics (India) Pvt Ltd
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 Ashtech Electronics (India) Pvt Ltd
Ashtech Electronics (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in computer hardware manufacturing and retail, within the information technology industry. It was incorporated on 16 May 1983 (43+ years old) and is registered under CIN U32109MH1983PTC029985.
Ashtech Electronics (India) reported revenue of ₹32.44 Lakh for FY 2024 (down 6% YoY).
Ashtech Electronics (India) has 2 current directors:
- Manisha Pradeep Patel - Director
- Pradeep Pravinbhai Patel - Additional Director
Ashtech Electronics (India) reported a net profit of ₹6.9 Lakh (net margin 21.3%) and EBITDA of ₹7.28 Lakh (EBITDA margin 22.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashtech Electronics (India) is 115% over three years and 19% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashtech Electronics (India) is 27AADCA1824A1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashtech Electronics (India) is U32109MH1983PTC029985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtech Electronics (India) was incorporated on 16 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashtech Electronics (India) by revenue are M C Softech Private Limited, Vkscc Info Solutions Private Limited, Netsys Technologies Private Limited, Atlanta Print Systems Private Limited, Scraptechies Solutions Private Limited and 5 more, all in the Information Technology industry (Computer Hardware).
Vijay Haridas Asher ceased to be Director on 12 Sep 2024. Pradeep Pravinbhai Patel was appointed as Additional Director on 24 Nov 2022. Manisha Pradeep Patel was appointed as Director on 25 Oct 2016. Ashtech Electronics (India) has 6 board changes on record in total.
The registered office of Ashtech Electronics (India) is at Unit No 77 Sdf 111 Seppez Andheri E, Mumbai, Maharashtra, India – 400096.