MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-10-0004664
Ashwath Infraprojects Private Limited - environment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹72.12 Cr
▼ 40% YoY
Net loss · FY 2023
₹83.73 Cr
Net margin -116.1%
EBITDA · FY 2023
-₹61.84 Cr
EBITDA margin -85.7%
Authorised capital
₹36 Cr
Registered with MCA
Paid-up capital
₹35.05 Cr
Issued & subscribed
Open charges
₹542.67 Cr
Satisfied ₹130 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
76
Provident fund records
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 18 cases involving the company, including 5 filed by the company and 13 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 7 peer companies in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply) are compared by revenue, 4 larger and 3 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.
Ashwath Infraprojects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0004664). 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.
Company details
CIN U90009DL2016PTC303144
Registration Number 303144
Incorporation Date 18 July 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Parent Company Ashwath Urban Pure Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-10-0004664
Recognitions & Rankings of Ashwath Infraprojects
Contact details
Ashwath Infraprojects Private Limited's registered office is in New Delhi, Delhi. Its website is ashwathinfraprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Building No. 2 Masoodpur Farms Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryEnvironment, Water Treatment
To see the full contact details of Ashwath Infraprojects Private Limited, buy the company report.
Comprehensive company report
Ashwath Infraprojects 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
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Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Ashwath Infraprojects Private Limited, buy the company report.
Financials of Ashwath Infraprojects Private Limited
FY 2024 filings availableAshwath Infraprojects Private Limited reported revenue of ₹72.12 Cr (down 40% YoY) for FY 2023.
Revenue · FY 2023
₹72.12 Cr ▼ 40%
Net loss · FY 2023
₹83.73 Cr margin -116.1%
EBITDA · FY 2023
-₹61.84 Cr margin -85.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 32%
5 years · compounded
▼ 11%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Ashwath Infraprojects Private Limited, buy the company report.
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.
Current Directors and KMP
| 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 3 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 3 Months | Current |
| Himadri Sankar Bhattacharjya Also directs: Nac Quippo Equipment Services Limited, Lqi Infra Limited | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
| Varinda Also directs: Nestara Consulting Services Private Limited | Company Secretary | 06 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Ashwath Infraprojects Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply), from the latest filed financials of each company.
| 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 | |||
| 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 | |||
| 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 Limitedthis company | ₹72.12 Cr (FY 2023) | -₹83.73 Cr | -116.1% | -40.0% | 76 | New Delhi, Delhi, India |
To see the full peer comparison of Ashwath Infraprojects Private Limited, buy the company report.
Auditor
Ashwath Infraprojects Private Limited is audited by CHANDIOK AND GULIANI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDIOK AND GULIANI | FY 2023 | 001199N |
Shareholding
The shareholding of Ashwath Infraprojects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashwath Infraprojects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹542.67 Cr
Satisfied charges
₹130 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2023 | 100748161 | Others | ₹9.1 Cr | Open | |
| 20 Feb 2022 | 100555418 | Others | ₹2.9 Cr | Open | |
| 24 Sep 2021 | 100499048 | Others | ₹227.47 Cr | Open | |
| 18 Aug 2021 | 100485633 | Others | ₹10 Lakh | Open | |
| 15 Dec 2019 | 100315092 | Others | ₹200 Cr | Open |
To see the full charge records of Ashwath Infraprojects Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
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.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹35 Cr
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 |
To see the full deal history of Ashwath Infraprojects Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ashwath Infraprojects Private Limited has 18 court cases on record: 5 filed by Ashwath Infraprojects, 13 filed against it. 7 cases are pending and 11 are disposed.
Total cases
18
Filed by the company
5
Filed against the company
13
Pending
7
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 6 |
| High courts | 6 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by D and V Tax Vidhi Advocates LLP | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by Selective Consultants (P) Ltd. | Disposed |
| District court, North, Delhi | Court case (OMP (MISC.) (COMM.)) | Filed against the company by Swastik Chemicals | Pending |
| District court, Chandigarh | Arbitration matter | Filed against the company by Union of India | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Ashwath Infraprojects 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.
Credit ratings & regulatory alerts
Ashwath Infraprojects Private Limited was last rated by Care on 14 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Dec 2021 |
To see the full credit ratings and regulatory alerts of Ashwath Infraprojects Private Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Ashwath Infraprojects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ashwath Infraprojects Private Limited has a workforce of 76 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
76
Active EPFO establishments
1
Employee growth
-9.52%
GST
Ashwath Infraprojects has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| 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 |
To see the full GST registrations and return filing status of Ashwath Infraprojects Private Limited, buy the company report.
Recent activity
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.
Appointed
Varinda was appointed as Company Secretary.
Charges
A charge with Others of Rs. 2.90 Cr registered on 20 Feb 2022 with Charge ID 100555418 was modified on 08 Sep 2025.
Charges
A charge registered on 18 Aug 2021 via Charge ID 100480408 with Others was fully satisfied on 08 Sep 2025.
Charges
A charge with Others of Rs. 0.10 Cr registered on 06 Nov 2017 with Charge ID 100150904 was modified on 08 Sep 2025.
Charges
A charge with Others of Rs. 3.00 Cr registered on 10 Aug 2017 with Charge ID 100119850 was modified on 08 Sep 2025.
Ceased
Manoj Kumar Agarwal ceased to be Director.
Ceased
Atul Kumar ceased to be Company Secretary.
AGM
Ashwath Infraprojects Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Filing
Ashwath Infraprojects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Onkar Nath Tiwari ceased to be Director.
Charges
A charge with Others amounted to Rs. 9.10 Cr with Charge ID 100748161 was registered on 11 Jul 2023.
Appointed
Manoj Kumar Agarwal was appointed as Director.
27 earlier events are in the company report.
Frequently asked questions
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 has 4 current directors and KMP:
- Vivek Khushalani - Director
- Krishan Kumar - Director
- Himadri Sankar Bhattacharjya - Director
- Varinda - Company Secretary
The latest financial statements of Ashwath Infraprojects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from FY 2017 are in the company report.
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 18 court cases on record: 5 filed by the company and 13 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, Haldia Water Services Private Limited, Aqua Designs India Private Limited, Synerzez Solutions Private Limited, Pennar Enviro Limited and 2 more, all in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply).
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.
Yes, Ashwath Infraprojects is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0004664).
Ashwath Infraprojects has 2 MSME Form 1 returns on record between 2020 and 2024, listing 7 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 Apr 2024.