About Ashwath Infraprojects Private Limited
Data last updated:
Ashwath Infraprojects Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Ashwath Urban Pure Private Limited. It operates in the water treatment segment of the environmental services sector. It was incorporated on 18 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U90009DL2016PTC303144. Its GSTIN is 07AAOCA5768L1ZY (Delhi). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹36 Cr and a paid-up capital of ₹35.05 Cr. It was formerly known as Ashwath Quippo Infraprojects Private Limited. It is led by directors including Vivek Khushalani and Krishan Kumar.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4th Floor Building No. 2 Masoodpur Farms Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2023, the company reported a revenue of ₹72.12 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹83.73 Cr (net margin -116.1%) and EBITDA of -₹61.84 Cr (EBITDA margin -85.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 11% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashwath Quippo Infraprojects. As per MCA filings, the company has open charges of ₹542.67 Cr and satisfied charges of ₹130 Cr on record. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 7 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹35 Cr; the latest was in March 2020. Its 10 peer companies in the Cleantech industry (Water and Wastewater Treatment) are compared by revenue, 5 larger and 5 smaller; the largest is Il&Fs Paradip Refinery Water Limited with revenue of ₹140.77 Cr. The company has 2 MSME Form 1 returns on record between 2020 and 2024, listing 7 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashwathinfraprojects.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor Building No. 2 Masoodpur Farms Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryEnvironment, Water Treatment
- 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 Ashwath Infraprojects Private Limited
The main business activity of Ashwath Infraprojects is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply | 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 Ashwath Infraprojects Private Limited FY 2024 filings available
Ashwath Infraprojects Private Limited reported revenue of ₹72.12 Cr (down 40% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ashwath Infraprojects Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 40% fall 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 Ashwath Infraprojects Private Limited
| 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 | ₹72.12 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹61.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹83.73 Cr | •••• | •••• | •••• | •••• |
| 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 Ashwath Infraprojects Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -85.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -116.1% | •••• | •••• | •••• | •••• |
| 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 Ashwath Infraprojects are in the company report.
Financial statements from FY 2017
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 Ashwath Infraprojects Private Limited
Ashwath Infraprojects Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Il&Fs Paradip Refinery Water Limited | ₹140.77 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Agra Waste Water Management Private Limited | ₹140.06 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Haldia Water Services Private Limited | ₹132.48 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Kolkata, West Bengal, India |
| Aqua Designs India Private Limited | ₹131.61 Cr (FY 2017) | •••• | •••• | -15.0% | •••• | Chennai, Tamil Nadu, India |
| Synerzez Solutions Private Limited | ₹124.22 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Ahmedabad, Gujarat, India |
| Vishwa Infrastructures and Services Private Limited | ₹112.6 Cr (FY 2024) | •••• | •••• | 85.0% | •••• | Hyderabad, Telangana, India |
| KNK Projects Private Limited | ₹112.23 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | New Delhi, Delhi, India |
| Pennar Enviro Limited | ₹108.54 Cr (FY 2018) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
| JM Infra & Enviro Technologies Private Limited | ₹105.58 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Rajdhani Private Limited | ₹103.78 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Ashwath Infraprojects Private Limited this company | ₹72.12 Cr (FY 2023) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ashwath Infraprojects by revenue in the Cleantech industry (Water and Wastewater Treatment), 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 Ashwath Infraprojects Private Limited
Ashwath Infraprojects Private Limited is audited by CHANDIOK AND GULIANI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDIOK AND GULIANI | 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 and KMP of Ashwath Infraprojects Private Limited
Ashwath Infraprojects Private Limited currently reports 3 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Khushalani Also directs: K Family LLP, Kranti Metering Innovations Private Limited, Vivkrish Infra Private Limited and 5 more | Director | 18 Jul 2016 | 10 Years 2 Months | Current |
| Krishan Kumar Also directs: Kranti Metering Innovations Private Limited, Vivkrish Infra Private Limited, Ashwath Urban Pure Private Limited and 5 more | Director | 18 Jul 2016 | 10 Years 2 Months | Current |
| Himadri Sankar Bhattacharjya Also directs: Nac Quippo Equipment Services Limited, Lqi Infra Limited | Director | 18 Jul 2016 | 10 Years 2 Months | Current |
| Varinda Also directs: Nestara Consulting Services Private Limited | Company Secretary | 06 Oct 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Ashwath Infraprojects 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 Ashwath Infraprojects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2023 | Others | ₹9.1 Cr | Open |
| 20 Feb 2022 | Others | ₹2.9 Cr | Open |
| 24 Sep 2021 | Others | ₹227.47 Cr | Open |
| 18 Aug 2021 | Others | ₹10 Lakh | Open |
| 15 Dec 2019 | Others | ₹200 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Ashwath Infraprojects Private Limited
Ashwath Infraprojects Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹35 Cr; the latest was in March 2020.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Rights issue | ₹95 Lakh | Investors: Ashwath Urban Pure Private Limited , Viom Infra Ventures Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ashwath Infraprojects Private Limited
Ashwath Infraprojects Private Limited has 17 court cases on record: 5 filed by Ashwath Infraprojects, 12 filed against it. 7 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 6 |
| High courts | 6 | 3 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by D&V Taxvidhi Advocates LLP | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by Selective Consultants Private Limited | Disposed |
| District court, North, Delhi | Court case (OMP (MISC.) (COMM.)) | Filed against the company by Swastik Chemicals | Pending |
| District court, West, Delhi | Civil suit | Filed against the company by KGT HR Solutions | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Ashwath Infraprojects Private Limited
Ashwath Infraprojects Private Limited has 2 MSME Form 1 returns on record between 2020 and 2024, listing 7 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Arihant Pre-Fab Private Limited | •••• | •••• | •••• |
| Griffin Wellpoint India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Ashwath Infraprojects Private Limited
Ashwath Infraprojects operates one associated brand: Ashwath Quippo Infraprojects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers trenchless pipeline rehabilitation, borewell drilling, and urban water infrastructure services. | ashwathinfraprojects.com |
Employees and EPFO Compliance at Ashwath Infraprojects Private Limited
Ashwath Infraprojects Private Limited has a workforce of 76 employees as of Apr 06, 2024.
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 Ashwath Infraprojects Private Limited
Ashwath Infraprojects Private Limited has 14 board changes on record since 2016: 9 appointments and 5 cessations. The latest: Varinda was appointed as Company Secretary on 06 Oct 2025.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashwath Infraprojects 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.
Subsidiaries & Group Companies of Ashwath Infraprojects 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 Ashwath Infraprojects Private Limited
Ashwath Infraprojects has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAOCA5768L1ZY | Delhi | Active | 01 Jul 2017 |
| 08AAOCA5768L1ZW | Rajasthan | Active | 01 Jul 2017 |
| 09AAOCA5768L1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
| 11AAOCA5768L1Z9 | Sikkim | Active | 13 Feb 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 Ashwath Infraprojects 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 Ashwath Infraprojects Private Limited
Ashwath Infraprojects is an active private limited company based in New Delhi, Delhi, India. The company works in water treatment, within the environment industry. It was incorporated on 18 July 2016 (10+ years old) and is registered under CIN U90009DL2016PTC303144.
Ashwath Infraprojects reported revenue of ₹72.12 Cr for FY 2023 (down 40% YoY).
Ashwath Infraprojects has 4 current directors and KMP:
- Vivek Khushalani - Director
- Krishan Kumar - Director
- Himadri Sankar Bhattacharjya - Director
- Varinda - Company Secretary
Ashwath Infraprojects reported a net loss of ₹83.73 Cr (net margin -116.1%) and EBITDA of -₹61.84 Cr (EBITDA margin -85.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashwath Infraprojects is -32% over three years and -11% over five years. In the latest year (FY 2023) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashwath Infraprojects is 07AAOCA5768L1ZY, registered in Delhi. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 08AAOCA5768L1ZW (Rajasthan), 09AAOCA5768L1ZU (Uttar Pradesh), 11AAOCA5768L1Z9 (Sikkim).
The CIN (Corporate Identification Number) of Ashwath Infraprojects is U90009DL2016PTC303144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwath Infraprojects has 17 court cases on record: 5 filed by the company and 12 filed against it. 7 are pending. Most are in the district courts.
Ashwath Infraprojects was incorporated on 18 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Ashwath Infraprojects has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹35 Cr; the latest was in March 2020.
The peers of Ashwath Infraprojects by revenue are Il&Fs Paradip Refinery Water Limited, Agra Waste Water Management Private Limited, Haldia Water Services Private Limited, Aqua Designs India Private Limited, Synerzez Solutions Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Varinda was appointed as Company Secretary on 06 Oct 2025. Manoj Kumar Agarwal ceased to be Director on 28 Feb 2025. Atul Kumar ceased to be Company Secretary on 14 Feb 2025. Ashwath Infraprojects has 14 board changes on record in total.