Ashtel Retail India Private Limited
About Ashtel Retail India Private Limited
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Ashtel Retail India Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 05 January 2023.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2023PTC079801. Its GSTIN is 32AAYCA1846K1ZA (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Maharoof Puthiya Panthakalakam and Abdul Riyaz Mammed Koya.
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 34/684 C1 S K Tower Near Lulu Mall, Edapally Ernakulam, Kerala, India – 682024.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.18 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net loss of ₹1.69 Cr (net margin -4.7%) and EBITDA of -₹1.51 Cr (EBITDA margin -4.2%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashtel Retail India Private Limited's registered office is in Ernakulam, Kerala.
- Registered Address34/684 C1 S K Tower Near Lulu Mall, Edapally Ernakulam, Kerala, India – 682024
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Ashtel Retail India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ashtel Retail India Private Limited, buy the company report.
Financials of Ashtel Retail India Private Limited
FY 2025 filings availableAshtel Retail India Private Limited reported revenue of ₹36.18 Cr (up 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 84% in the latest year. EBITDA fell 37% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹1.51 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.69 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | -4.2% | ||
| Net Profit Margin | -4.7% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Ashtel Retail India Private Limited, buy the company report.
Board of directors of Ashtel Retail India Private Limited
Ashtel Retail India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maharoof Puthiya Panthakalakam Also directs: Easy Store Communications LLP, Ashcon Builders Private Limited, Ashla Builders and Developers Private Limited and 5 more | Director | 05 Jan 2023 | 3 Years 10 Months | Current |
| Abdul Riyaz Mammed Koya Also directs: Westhill Arena LLP, Easy Store Communications LLP, Ashcon Builders Private Limited and 5 more | Director | 05 Jan 2023 | 3 Years 10 Months | Current |
Peer comparison
Ashtel Retail India Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supercomp Electronics Pvt. Ltd. | ₹36.28 Cr (FY 2025) | 62.0% | Kolkata, West Bengal, India | |||
| Meghraj Impex Private Limited | ₹36.26 Cr (FY 2025) | 40.0% | Bhubaneswar, Odisha, India | |||
| Green Cradle Solutions Private Limited | ₹36.2 Cr (FY 2024) | 52.0% | Delhi, India | |||
| Ashtel Retail India Private Limitedthis company | ₹36.18 Cr (FY 2025) | -₹1.69 Cr | -4.7% | 84.0% | Ernakulam, Kerala, India | |
| Irvine Technologies Private Limited | ₹36.18 Cr (FY 2024) | 22.0% | New Delhi, Delhi, India | |||
| United Control Engineers India Private Limited | ₹36.14 Cr (FY 2025) | -10.0% | Bishrakh, Uttar Pradesh, India | |||
| RN IT Infosol Private Limited | ₹36.1 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ashtel Retail India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashtel Retail India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashtel Retail India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashtel Retail India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAYCA1846K1ZA | Kerala | Active | 27 Jan 2023 |
To see the full GST registrations and return filing status of Ashtel Retail India Private Limited, buy the company report.
Recent activity
Ashtel Retail India Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Abdul Riyaz Mammed Koya was appointed as Director on 05 Jan 2023.
Frequently asked questions
Ashtel Retail India is an active private limited company based in Ernakulam, Kerala, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 05 January 2023 (3+ years old) and is registered under CIN U74999KL2023PTC079801.
Ashtel Retail India has 2 current directors:
- Maharoof Puthiya Panthakalakam - Director
- Abdul Riyaz Mammed Koya - Director
The latest financial statements of Ashtel Retail India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Ashtel Retail India is 32AAYCA1846K1ZA, registered in Kerala.
The CIN (Corporate Identification Number) of Ashtel Retail India is U74999KL2023PTC079801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtel Retail India was incorporated on 05 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ashtel Retail India by revenue are Supercomp Electronics Pvt. Ltd, Meghraj Impex Private Limited, Green Cradle Solutions Private Limited, Irvine Technologies Private Limited, United Control Engineers India Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Abdul Riyaz Mammed Koya was appointed as Director on 05 Jan 2023. Maharoof Puthiya Panthakalakam was appointed as Director on 05 Jan 2023.
The registered office of Ashtel Retail India is at 34684 C1 S K Tower Near Lulu Mall, Edapally Ernakulam, Kerala, India – 682024.
Ashtel Retail India operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
The compliance status of Ashtel Retail India is compliant as of 13 September 2026. The company is actively filing with the Registrar of Companies.
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