MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-13-0005788
Ashwa Energy Private Limited - engineering in Dharwad, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.06 Cr
▲ 43% YoY
Net profit · FY 2024
₹58.07 Lakh
Net margin 7.2%
EBITDA · FY 2024
₹1.59 Cr
EBITDA margin 19.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹22.55 Lakh
Issued & subscribed
Open charges
₹20.92 Cr
Satisfied ₹4.14 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
14
Provident fund records
About Ashwa Energy Private Limited
Data last updated:
Ashwa Energy Private Limited is a private limited company based in Dharwad, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 19 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40101KA2001PTC029551. Its GSTIN is 29AAECA1482D1ZW (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.55 Lakh. It is led by directors including Anand Basavraj Havannavar and Bharath Bommai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.124B Industrial Growth Center Belur Industrial Area Dharwad, Karnataka, India – 580011.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.06 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹58.07 Lakh (net margin 7.2%) and EBITDA of ₹1.59 Cr (EBITDA margin 19.7%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.92 Cr and satisfied charges of ₹4.14 Cr on record.
Ashwa Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0005788). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashwaenergy.com.
Company details
CIN U40101KA2001PTC029551
Registration Number 029551
Incorporation Date 19 September 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0005788
Key People
Anilkumar Additional Director Kedarnath Mudda Veerabhadrappa Additional Director Anand Basavraj Havannavar Director Recognitions & Rankings of Ashwa Energy
Contact details
Ashwa Energy Private Limited's registered office is in Dharwad, Karnataka. Its website is ashwaenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.124B Industrial Growth Center Belur Industrial Area Dharwad, Karnataka, India – 580011
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Ashwa Energy Private Limited, buy the company report.
Comprehensive company report
Ashwa Energy Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ashwa Energy is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ashwa Energy Private Limited, buy the company report.
Financials of Ashwa Energy Private Limited
FY 2024 filings availableAshwa Energy Private Limited reported revenue of ₹8.06 Cr (up 43% YoY) for FY 2024.
Revenue · FY 2024
₹8.06 Cr ▲ 43%
Net profit · FY 2024
₹58.07 Lakh margin 7.2%
EBITDA · FY 2024
₹1.59 Cr margin 19.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 5%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 26%
5 years · compounded
▲ 21%
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 14% 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 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 | ₹8.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.07 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.7% | ||||
| Net Profit Margin | 7.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ashwa Energy Private Limited, buy the company report.
Board of directors of Ashwa Energy Private Limited
Ashwa Energy has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilkumar Also directs: Zenith Advisory Solution LLP | Additional Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Kedarnath Mudda Veerabhadrappa | Additional Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Anand Basavraj Havannavar | Director | 30 Nov 2017 | 8 Years 11 Months | Current |
| Bharath Bommai | Director | 10 Aug 2015 | 11 Years 3 Months | Current |
| Shadakshari Sundraiah | Additional Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Kashinath Hadimani | Additional Director | 29 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Ashwa Energy Private Limited is audited by NEELAKARI MAHINDRAKAR ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEELAKARI MAHINDRAKAR ASSOCIATES | FY 2024 | 002459S |
Shareholding
The shareholding of Ashwa Energy Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashwa Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.92 Cr
Satisfied charges
₹4.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2025 | 101158773 | Sidbi | ₹50.8 Lakh | Open | |
| 30 May 2025 | 101152963 | Hdfc Bank Limited | ₹46 Lakh | Open | |
| 14 Feb 2024 | 100885789 | Hdfc Bank Limited | ₹19.95 Cr | Open | |
| 22 Mar 2018 | 100170277 | Axis Bank Limited | ₹1.98 Cr | Satisfied | |
| 24 Dec 2007 | 10087613 | State Bank of India | ₹2.16 Cr | Satisfied |
To see the full charge records of Ashwa Energy Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Ashwa Energy 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 Ashwa Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashwa Energy Private Limited has a workforce of 14 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Employee count
14
Active EPFO establishments
3
Employee growth
27.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 14 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ashwa Energy Private Limited, buy the company report.
GST
Ashwa Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECA1482D1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashwa Energy Private Limited, buy the company report.
Recent activity
Ashwa Energy Private Limited has 10 board changes on record since 2015: 6 appointments and 4 cessations. The latest: Anilkumar was appointed as Additional Director on 29 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 1,995.00 Lakh registered on 14 Feb 2024 with Charge ID 100885789 was modified on 26 Oct 2025.
Charges
A charge with Sidbi amounted to Rs. 50.80 Lakh with Charge ID 101158773 was registered on 04 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.00 Lakh with Charge ID 101152963 was registered on 30 May 2025.
Appointed
Anilkumar was appointed as Additional Director.
Appointed
Kashinath Hadimani was appointed as Additional Director.
Appointed
Kedarnath Mudda Veerabhadrappa was appointed as Additional Director.
Appointed
Shadakshari Sundraiah was appointed as Additional Director.
AGM
Ashwa Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ashwa Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 22 Mar 2018 via Charge ID 100170277 with Axis Bank Limited was fully satisfied on 20 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,995.00 Lakh with Charge ID 100885789 was registered on 14 Feb 2024.
Charges
A charge with Axis Bank Limited of Rs. 197.50 Lakh registered on 22 Mar 2018 with Charge ID 100170277 was modified on 27 Oct 2020.
11 earlier events are in the company report.
Frequently asked questions
Ashwa Energy is an active private limited company based in Dharwad, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 19 September 2001 (25+ years old) and is registered under CIN U40101KA2001PTC029551.
Ashwa Energy has 6 current directors:
- Anilkumar - Additional Director
- Kedarnath Mudda Veerabhadrappa - Additional Director
- Anand Basavraj Havannavar - Director
- Bharath Bommai - Director
- Shadakshari Sundraiah - Additional Director
- Kashinath Hadimani - Additional Director
The latest financial statements of Ashwa Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashwa Energy is 29AAECA1482D1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Ashwa Energy is U40101KA2001PTC029551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwa Energy was incorporated on 19 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Anilkumar was appointed as Additional Director on 29 Mar 2025. Kashinath Hadimani was appointed as Additional Director on 29 Mar 2025. Kedarnath Mudda Veerabhadrappa was appointed as Additional Director on 29 Mar 2025. Ashwa Energy has 10 board changes on record in total.
Yes, Ashwa Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0005788).
Ashwa Energy can be reached through the website ashwaenergy.com. Its registered office is in Dharwad, Karnataka, India.
The registered office of Ashwa Energy is at No.124B Industrial Growth Center Belur Industrial Area Dharwad, Karnataka, India – 580011.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages