About Ashutosh Watertanks Private Limited
Data last updated:
Ashutosh Watertanks Private Limited is a private limited company based in Kunjad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 11 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25190GJ2011PTC064380. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Chetana Dhirajbhai Desai and Dhiraj Shankerbhai Desai.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No.3 Survey No.325 Behind Jalaram Saw Mill Kunjad Taluka – Daskroi Dist – Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.54 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹80.8 Lakh (net margin -17.8%) and EBITDA of -₹46.68 Lakh (EBITDA margin -10.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
As per MCA filings, the company has open charges of ₹5.65 Cr and satisfied charges of ₹15.27 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kakatank.com.
Company details
Contact details
Ashutosh Watertanks Private Limited's registered office is in Kunjad, Gujarat. Its website is kakatank.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.3 Survey No.325 Behind Jalaram Saw Mill Kunjad Taluka – Daskroi Dist – Ahmedabad, Gujarat, India – 382430
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Ashutosh Watertanks 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 Ashutosh Watertanks is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ashutosh Watertanks Private Limited, buy the company report.
Financials of Ashutosh Watertanks Private Limited
FY 2018 filings availableAshutosh Watertanks Private Limited reported revenue of ₹4.54 Cr (up 31% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA fell 102% 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 | ₹4.54 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹46.68 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹80.8 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -10.3% | |||
| Net Profit Margin | -17.8% | |||
| 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 Ashutosh Watertanks Private Limited, buy the company report.
Board of directors of Ashutosh Watertanks Private Limited
Ashutosh Watertanks has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetana Dhirajbhai Desai Also directs: Aeon Nonwovens Private Limited | Director | 25 Apr 2017 | 9 Years 6 Months | Current |
| Dhiraj Shankerbhai Desai Also directs: Aeon Nonwovens Private Limited | Director | 11 Mar 2011 | 15 Years 8 Months | Current |
Peer comparison
Ashutosh Watertanks Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Humble Plastics Private Limited | ₹4.57 Cr (FY 2024) | -56.0% | Mumbai, Maharashtra, India | |||
| Amuse Polymers Private Limited | ₹4.56 Cr (FY 2024) | -27.0% | Surat, Gujarat, India | |||
| Grownex Industries Private Limited | ₹4.56 Cr (FY 2025) | 7342.0% | Karveer, Maharashtra, India | |||
| Ashutosh Watertanks Private Limitedthis company | ₹4.54 Cr (FY 2018) | -₹80.8 Lakh | -17.8% | 31.0% | Kunjad, Gujarat, India | |
| Pooja Packwell (India) Private Limited. | ₹4.52 Cr (FY 2025) | 48.0% | Nagpur, Maharashtra, India | |||
| Gurukrupa Processed Foods Private Limited | ₹4.51 Cr (FY 2025) | 27.0% | Navi Mumbai, Maharashtra, India | |||
| Novel Technoplast Private Limited | ₹4.5 Cr (FY 2022) | -52.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ashutosh Watertanks Private Limited, buy the company report.
Auditor
Ashutosh Watertanks Private Limited is audited by GIRISH MITTAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH MITTAL & CO | FY 2018 | 129112W |
Shareholding
The shareholding of Ashutosh Watertanks Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashutosh Watertanks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2014 | 10534167 | The Mehsana Urban Co-Operative Bank Ltd. | ₹5.65 Cr | Open | |
| 29 Apr 2014 | 10489019 | Bank of India | ₹3.72 Cr | Satisfied | |
| 31 Dec 2012 | 10397691 | Bank of India | ₹3.72 Cr | Satisfied | |
| 29 Mar 2012 | 10349497 | Bank of India | ₹3.24 Cr | Satisfied | |
| 29 Mar 2012 | 10349498 | Bank of India | ₹4.59 Cr | Satisfied |
To see the full charge records of Ashutosh Watertanks Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ashutosh Watertanks Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Peoflex Systems A Division of M and B Engineering Ltd | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Ashutosh Watertanks 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 Ashutosh Watertanks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashutosh Watertanks has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ashutosh Watertanks Private Limited, buy the company report.
Recent activity
Ashutosh Watertanks Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Chetana Dhirajbhai Desai ceased to be Additional Director on 30 Sep 2017.
11 earlier events are in the company report.
Frequently asked questions
Ashutosh Watertanks is an active private limited company based in Kunjad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 11 March 2011 (15+ years old) and is registered under CIN U25190GJ2011PTC064380.
Ashutosh Watertanks has 2 current directors:
- Chetana Dhirajbhai Desai - Director
- Dhiraj Shankerbhai Desai - Director
The latest financial statements of Ashutosh Watertanks on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Ashutosh Watertanks has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashutosh Watertanks is U25190GJ2011PTC064380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashutosh Watertanks has 2 court cases on record: 2 filed against it. 1 is pending.
Ashutosh Watertanks was incorporated on 11 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashutosh Watertanks by revenue are Humble Plastics Private Limited, Amuse Polymers Private Limited, Grownex Industries Private Limited, Pooja Packwell (India) Private Limited, Gurukrupa Processed Foods Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Chetana Dhirajbhai Desai ceased to be Additional Director on 30 Sep 2017. Dharamshi Kurshibhai Desai ceased to be Director on 27 Apr 2017. Chetana Dhirajbhai Desai was appointed as Director on 25 Apr 2017. Ashutosh Watertanks has 8 board changes on record in total.
Ashutosh Watertanks can be reached through the website kakatank.com. Its registered office is in Kunjad, Gujarat, India.
The registered office of Ashutosh Watertanks is at Plot No.3 Survey No.325 Behind Jalaram Saw Mill Kunjad Taluka – Daskroi Dist – Ahmedabad, Gujarat, India – 382430.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
