Ashtech Product Private Limited
About Ashtech Product Private Limited
Data last updated:
Ashtech Product Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 16 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26900MH2005PTC158218. Its GSTIN is 27AAFCA5005M1ZP (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5.12 Lakh. It was formerly known as Ashech Product Private Limited. It is led by directors Sneha Shripad Joshi and Chaitanya Shripad Joshi.
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 623 Arenja Corner Plot No.71 Sec – 17 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.8 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹6.44 Lakh (net margin 2.3%) and EBITDA of ₹25.34 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over five years.
As per MCA filings, the company has open charges of ₹53 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address623 Arenja Corner Plot No.71 Sec – 17 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
- 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 Ashtech Product Private Limited
The main business activities of Ashtech Product are trade and transport and storage. In detail, this covers wholesale trading and land transport via road. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| H | Transport and storage | H1 | Land Transport via Road | 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 Ashtech Product Private Limited FY 2025 filings available
Ashtech Product Private Limited reported revenue of ₹2.8 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashtech Product Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 13% growth in the latest year. EBITDA fell 37% 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 Product 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 | ₹25.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.44 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 Product Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Product 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 Product Private Limited
Ashtech Product Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Texavolt Industries Private Limited | •••• | •••• | •••• | •••• | - | Ambala, Haryana, India |
| Creative Global Business Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ceramic Tools Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ayona Multitrade Intl Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Kala Commercials Pvt Ltd | •••• | •••• | •••• | •••• | - | Dhar, Madhya Pradesh, India |
| Ashtech Product Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Emersonfort Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Kund Bo, Jammu & Kashmir, India |
| Medhope Wellness Services Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Farmbue Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Riddhika Marketing Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Garisan Machine Tools Private Limited | •••• | •••• | •••• | •••• | - | Tiruvallur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ashtech Product by revenue in the same principal business activity (Wholesale Trading), 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 Product Private Limited
Ashtech Product Private Limited is audited by D. S. Sangurdekar And Company for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. S. Sangurdekar And Company | 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 Product Private Limited
Ashtech Product has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sneha Shripad Joshi | Director | 03 Apr 2024 | 2 Years 6 Months | Current |
| Chaitanya Shripad Joshi Also directs: Shashwat Real Estates Private Limited | Director | 15 Jan 2008 | 18 Years 8 Months | Current |
Ownership and Shareholding of Ashtech Product 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 Ashtech Product Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 May 2006 | Punjab National Bank | ₹15 Lakh | Open |
| 19 May 2006 | Punjab National Bank | ₹38 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Ashtech Product Private Limited
Ashtech Product Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. WCA C) | Filed against the company by an individual | Pending |
Full case history
All 1 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 Ashtech Product Private Limited
Employment history and EPFO contributions of people linked to Ashtech Product.
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 Product Private Limited
Ashtech Product Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Sneha Shripad Joshi was appointed as Director on 03 Apr 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ashtech Product 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 Ashtech Product 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 Ashtech Product 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 Ashtech Product Private Limited
Ashtech Product has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA5005M1ZP | 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 Product 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 Ashtech Product Private Limited
Ashtech Product is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 16 December 2005 (21+ years old) and is registered under CIN U26900MH2005PTC158218.
Ashtech Product reported revenue of ₹2.8 Cr for FY 2025 (up 13% YoY).
Ashtech Product has 2 current directors:
- Sneha Shripad Joshi - Director
- Chaitanya Shripad Joshi - Director
Ashtech Product reported a net profit of ₹6.44 Lakh (net margin 2.3%) and EBITDA of ₹25.34 Lakh (EBITDA margin 9.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashtech Product is 41% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashtech Product is 27AAFCA5005M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashtech Product is U26900MH2005PTC158218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtech Product has 1 court case on record: 1 filed against it. 1 is pending.
Ashtech Product was incorporated on 16 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashtech Product by revenue are Texavolt Industries Private Limited, Creative Global Business Limited, Ceramic Tools Private Limited, Ayona Multitrade Intl Private Limited, Kala Commercials Pvt Ltd and 5 more, all in the same principal business activity (Wholesale Trading).
Sneha Shripad Joshi was appointed as Director on 03 Apr 2024. Bharati Bhagirath Walvekar ceased to be Director on 15 Feb 2022. Neela Chandrashekhar Bhide ceased to be Director on 01 Apr 2009. Ashtech Product has 5 board changes on record in total.