
About Ashwa International Private Limited
Data last updated:
Ashwa International Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2007PTC130360. Its GSTIN is 27AAGCA4644P2Z6 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Girija Ashok Watal and Watal Ashok.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No – 9 Survey No – 35/4/1 Nl Pashan Ncl Society Nr Mant, Pune, Maharashtra, India – 411008.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.09 Lakh. For the same year it recorded a net profit of ₹4.98 Lakh (net margin 97.8%) and EBITDA of ₹4.98 Lakh (EBITDA margin 97.8%). Revenue has declined at a compounded annual rate (CAGR) of 148% over three years and 8% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashwa.co.in.
Company details
Contact details
Ashwa International Private Limited's registered office is in Pune, Maharashtra. Its website is ashwa.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 9 Survey No – 35/4/1 Nl Pashan Ncl Society Nr Mant, Pune, Maharashtra, India – 411008
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Ashwa International 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
Financials of Ashwa International Private Limited
FY 2023 filings availableAshwa International Private Limited reported revenue of ₹5.09 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. EBITDA rose 161% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹4.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.98 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.8% | ||||
| Net Profit Margin | 97.8% | ||||
| 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 Ashwa International Private Limited, buy the company report.
Board of directors of Ashwa International Private Limited
Ashwa International has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girija Ashok Watal | Director | 26 Mar 2018 | 8 Years 7 Months | Current |
| Watal Ashok | Director | 22 Jun 2007 | 19 Years 4 Months | Current |
Peer comparison
Ashwa International Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calibrated Toolings Private Limited | ₹5.15 Lakh (FY 2023) | 78.0% | Mumbai, Maharashtra, India | |||
| Bimal Elastick Private Limited | ₹5.14 Lakh (FY 2018) | -66.0% | Mumbai, Maharashtra, India | |||
| Be Safe Industries Private Limited | ₹5.14 Lakh (FY 2024) | 15.0% | Chennai, Tamil Nadu, India | |||
| Isomet Metrology Private Limited | ₹5.12 Lakh (FY 2025) | -36.0% | Chandigarh, India | |||
| Optmystic Tech Ventures Private Limited | ₹5.1 Lakh (FY 2025) | Noida, Uttar Pradesh, India | ||||
| Ashwa International Private Limitedthis company | ₹5.09 Lakh (FY 2023) | ₹4.98 Lakh | 97.8% | Pune, Maharashtra, India | ||
| Anik Mechatronic Private Limited | ₹5.05 Lakh (FY 2019) | -66.0% | Gurgaon, Haryana, India | |||
| Akkiya Industries Private Limited | ₹5 Lakh (FY 2025) | -98.0% | Tamil Nadu, India | |||
| SRV Fans and Equipments Private Limited | ₹4.99 Lakh (FY 2025) | 50.0% | Mumbai, Maharashtra, India | |||
| Skylink Aero Private Limited | ₹4.98 Lakh (FY 2025) | 13619.0% | Thane, Maharashtra, India | |||
| Suresh Industries Private Limited | ₹4.95 Lakh (FY 2025) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ashwa International Private Limited, buy the company report.
Auditor
Ashwa International Private Limited is audited by AMBEKAR & JOSHI for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMBEKAR & JOSHI | FY 2019 | 117473W |
Shareholding
The shareholding of Ashwa International Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ashwa International Private Limited, buy the company report.
Legal cases
Ashwa International Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jammu, Jammu and Kashmir | Court case (Recovery Suit(Civil)) | Filed against the company by Idbi Bank | Disposed |
To see the full case history of Ashwa International 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 Ashwa International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashwa International has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA4644P2Z6 | Maharashtra | Active | 28 May 2018 |
To see the full GST registrations and return filing status of Ashwa International Private Limited, buy the company report.
Recent activity
Ashwa International Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Girija Ashok Watal ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Ashwa International is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 June 2007 (19+ years old) and is registered under CIN U51909PN2007PTC130360.
Ashwa International has 2 current directors:
- Girija Ashok Watal - Director
- Watal Ashok - Director
The latest financial statements of Ashwa International on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashwa International is 27AAGCA4644P2Z6, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ashwa International is U51909PN2007PTC130360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwa International has 1 court case on record: 1 filed against it.
Ashwa International was incorporated on 22 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ashwa International by revenue are Calibrated Toolings Private Limited, Bimal Elastick Private Limited, Be Safe Industries Private Limited, Isomet Metrology Private Limited, Optmystic Tech Ventures Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Girija Ashok Watal ceased to be Additional Director on 29 Sep 2018. Aditya Ashok Watal ceased to be Director on 26 Mar 2018. Girija Ashok Watal was appointed as Director on 26 Mar 2018. Ashwa International has 4 board changes on record in total.
Ashwa International can be reached through the website ashwa.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Ashwa International is at Plot No – 9 Survey No – 3541 Nl Pashan Ncl Society Nr Mant, Pune, Maharashtra, India – 411008.

