About Ashtel Services Private Limited
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Ashtel Services Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 04 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2021PTC069298. Its GSTIN is 32AAVCA3017F1ZX (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. 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 36/1378 – A Darul Mazhood Mythree Road Thiruvanoor Po, Kozhikode, Kerala, India – 673029.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.66 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹41.19 Lakh (net margin -0.4%) and EBITDA of -₹24.09 Lakh (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
For more details, the company can be reached via its website ashtelgroup.com.
Company details
Contact details
Ashtel Services Private Limited's registered office is in Kozhikode, Kerala. Its website is ashtelgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address36/1378 – A Darul Mazhood Mythree Road Thiruvanoor Po, Kozhikode, Kerala, India – 673029
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Ashtel Services 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 Ashtel Services 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 Services Private Limited, buy the company report.
Financials of Ashtel Services Private Limited
FY 2025 filings availableAshtel Services Private Limited reported revenue of ₹98.66 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 12% growth in the latest year. EBITDA fell 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | ||||
| EBITDA | -₹24.09 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹41.19 Lakh | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.2% | |||
| Net Profit Margin | -0.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Ashtel Services Private Limited, buy the company report.
Board of directors of Ashtel Services Private Limited
Ashtel Services 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 | 04 Jun 2021 | 5 Years 4 Months | Current |
| Abdul Riyaz Mammed Koya Also directs: Westhill Arena LLP, Easy Store Communications LLP, Ashcon Builders Private Limited and 5 more | Director | 04 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Ashtel Services Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| Chourasia Electricals Private Limited | ₹98.66 Cr (FY 2025) | 1.0% | Patna, Bihar, India | |||
| Ashtel Services Private Limitedthis company | ₹98.66 Cr (FY 2025) | -₹41.19 Lakh | -0.4% | 12.0% | Kozhikode, Kerala, India | |
| Aja Energy Solutions Private Limited | ₹98.39 Cr (FY 2025) | 279.0% | New Delhi, Delhi, India | |||
| Kramer Electronics India Private Limited | ₹98.29 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Pafetech Enterprises Private Limited | ₹96.79 Cr (FY 2019) | 0.0% | Vasai, Maharashtra, India |
To see the full peer comparison of Ashtel Services Private Limited, buy the company report.
Auditor
Ashtel Services Private Limited is audited by KAUSHIK & DENNIS CHARTERED ACCOUNTANTS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAUSHIK & DENNIS CHARTERED ACCOUNTANTS | FY 2022 | 022983S |
Shareholding
The shareholding of Ashtel Services Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashtel Services Private Limited, buy the company report.
Legal cases
Ashtel Services Private Limited has 1 court case on record: 1 filed by Ashtel Services. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against Fone4 Communications India Ltd and 6 others | Pending |
To see the full case history of Ashtel Services 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 Ashtel Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashtel Services Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Ashtel Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAVCA3017F1ZX | Kerala | Active | 26 Jul 2021 |
To see the full GST registrations and return filing status of Ashtel Services Private Limited, buy the company report.
Recent activity
Ashtel Services Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Abdul Riyaz Mammed Koya was appointed as Director on 04 Jun 2021.
Frequently asked questions
Ashtel Services is an active private limited company based in Kozhikode, Kerala, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 04 June 2021 (5+ years old) and is registered under CIN U74999KL2021PTC069298.
Ashtel Services has 2 current directors:
- Maharoof Puthiya Panthakalakam - Director
- Abdul Riyaz Mammed Koya - Director
The latest financial statements of Ashtel Services 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 2022 are in the company report.
The GSTIN of Ashtel Services is 32AAVCA3017F1ZX, registered in Kerala.
The CIN (Corporate Identification Number) of Ashtel Services is U74999KL2021PTC069298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashtel Services has 1 court case on record: 1 filed by the company. 1 is pending.
Ashtel Services was incorporated on 04 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ashtel Services by revenue are Chourasia Electricals Private Limited, Aja Energy Solutions Private Limited, Kramer Electronics India Private Limited, Pafetech Enterprises Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Abdul Riyaz Mammed Koya was appointed as Director on 04 Jun 2021. Maharoof Puthiya Panthakalakam was appointed as Director on 04 Jun 2021.
Ashtel Services can be reached through the website ashtelgroup.com. Its registered office is in Kozhikode, Kerala, India.
The registered office of Ashtel Services is at 361378 – A Darul Mazhood Mythree Road Thiruvanoor Po, Kozhikode, Kerala, India – 673029.
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