Ashved Engineers Private Limited
About Ashved Engineers Private Limited
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Ashved Engineers Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 29 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U31900MH2008PTC181726. Its GSTIN is 27AALCA4843M1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanjay Kumar Patil and Sangeeta Sanjay Patil.
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 103 Bakul Aparment Plot No. 3 Shivaji Nagar, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2024, the company reported a revenue of ₹84.09 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Lakh (net margin 2.2%) and EBITDA of ₹16.64 Lakh (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 38% over five years.
As per MCA filings, the company has open charges of ₹1.55 Cr and satisfied charges of ₹1.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address103 Bakul Aparment Plot No. 3 Shivaji Nagar, Nagpur, Maharashtra, India – 440010
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
- 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 Ashved Engineers Private Limited
The main business activity of Ashved Engineers is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | 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 Ashved Engineers Private Limited FY 2025 filings available
Ashved Engineers Private Limited reported revenue of ₹84.09 Lakh (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ashved Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 6% growth in the latest year. EBITDA rose 307% 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 Ashved Engineers Private Limited
| 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 | ₹16.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.89 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 Ashved Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Ashved Engineers 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 Ashved Engineers Private Limited
Ashved Engineers Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| C&D Southern Technologies India Private Limited | ₹84.51 Lakh (FY 2017) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Tuning Fork Private Limited | ₹84.42 Lakh (FY 2025) | •••• | •••• | 378.0% | •••• | Jagraon, Punjab, India |
| Bama Motors Private Limited | ₹84.17 Lakh (FY 2022) | •••• | •••• | -27.0% | •••• | Faridabad, Haryana, India |
| Juvi Lighting Private Limited | ₹84.11 Lakh (FY 2022) | •••• | •••• | 138.0% | •••• | Chennai, Tamil Nadu, India |
| Jagmag Lights Private Limited | ₹84.1 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Ashved Engineers Private Limited this company | ₹84.09 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Nagpur, Maharashtra, India |
| Oshin Power and Care Private Limited | ₹84.01 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Pandharpur, Maharashtra, India |
| Associated Lighting System Private Limited | ₹83.89 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | New Delhi, Delhi, India |
| Grento Technologies Private Limited | ₹83.75 Lakh (FY 2020) | •••• | •••• | 283.0% | •••• | Bangalore, Karnataka, India |
| Jagwani Projects Private Limited | ₹83.6 Lakh (FY 2018) | •••• | •••• | -50.0% | •••• | Kolkata, West Bengal, India |
| Sinar Bulbs and Tubes Private Limited | ₹83.33 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Himachal Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ashved Engineers by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ashved Engineers Private Limited
Ashved Engineers Private Limited is audited by M P J & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M P J & ASSOCIATES | 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 Ashved Engineers Private Limited
Ashved Engineers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar Patil | Director | 20 Mar 2015 | 11 Years 6 Months | Current |
| Sangeeta Sanjay Patil | Director | 29 Apr 2008 | 18 Years 5 Months | Current |
Ownership and Shareholding of Ashved Engineers 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 Ashved Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2019 | Others | ₹1.55 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ashved Engineers Private Limited
Employment history and EPFO contributions of people linked to Ashved Engineers.
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 Ashved Engineers Private Limited
Ashved Engineers Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Shalini Prakash Rade ceased to be Director on 14 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Ashved Engineers 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 Ashved Engineers 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 Ashved Engineers 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 Ashved Engineers Private Limited
Ashved Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA4843M1Z7 | Maharashtra | Active | 04 Aug 2018 |
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 Ashved Engineers 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 Ashved Engineers Private Limited
Ashved Engineers is an active private limited company based in Nagpur, Maharashtra, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 29 April 2008 (18+ years old) and is registered under CIN U31900MH2008PTC181726.
Ashved Engineers reported revenue of ₹84.09 Lakh for FY 2024 (up 6% YoY).
Ashved Engineers has 2 current directors:
- Sanjay Kumar Patil - Director
- Sangeeta Sanjay Patil - Director
Ashved Engineers reported a net profit of ₹1.89 Lakh (net margin 2.2%) and EBITDA of ₹16.64 Lakh (EBITDA margin 19.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashved Engineers is -19% over three years and 38% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashved Engineers is 27AALCA4843M1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashved Engineers is U31900MH2008PTC181726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashved Engineers was incorporated on 29 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Ashved Engineers by revenue are C&D Southern Technologies India Private Limited, Tuning Fork Private Limited, Bama Motors Private Limited, Juvi Lighting Private Limited, Jagmag Lights Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Shalini Prakash Rade ceased to be Director on 14 Sep 2018. Sanjay Kumar Patil was appointed as Director on 20 Mar 2015. Sangeeta Sanjay Patil was appointed as Director on 29 Apr 2008.
The registered office of Ashved Engineers is at 103 Bakul Aparment Plot No. 3 Shivaji Nagar, Nagpur, Maharashtra, India – 440010.