Ashwin Engineering Pvt Ltd
About Ashwin Engineering Pvt Ltd
Data last updated:
Ashwin Engineering Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 28 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25259GJ1994PTC023145. Its GSTIN is 24AABCA3130F1ZG (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors including Bipinbhai Naranbhai Patel and Anilbhai Naranbhai Patel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 84 Tirupati Estate B/H Amber Cinema P.O. Bapunagar Industrial Estate, Ahmedabad, Gujarat, India – 380024.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.18 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹3.96 Lakh (net margin 0.9%) and EBITDA of ₹12.24 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address84 Tirupati Estate B/H Amber Cinema P.O. Bapunagar Industrial Estate, Ahmedabad, Gujarat, India – 380024
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
- 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 Ashwin Engineering Pvt Ltd
The main business activity of Ashwin Engineering is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Ashwin Engineering Pvt Ltd FY 2025 filings available
Ashwin Engineering Pvt Ltd reported revenue of ₹4.18 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashwin Engineering Pvt Ltd
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 48% 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 Ashwin Engineering Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹12.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.96 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 Ashwin Engineering Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Ashwin Engineering 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 Ashwin Engineering Pvt Ltd
Ashwin Engineering Pvt Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Control Valves). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rapid Controls P. Ltd. | •••• | •••• | •••• | •••• | 45 | New Delhi, Delhi, India |
| Dekalvalve Casting Private Limited | •••• | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
| Valvematics Engineering Private Limited | •••• | •••• | •••• | •••• | 13 | Mumbai, Maharashtra, India |
| Premier Valves and Fittings Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| SJMJ Global Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore South, Tamil Nadu, India |
| Ashwin Engineering Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Nirmit Polymer Private Limited | •••• | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Flexible Machining Centre Private Limited | •••• | •••• | •••• | •••• | 22 | Coimbatore-641 032., Tamil Nadu, India |
| Keromiyons Intech Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Mega Hefa Emission Technologies Private Limited | •••• | •••• | •••• | •••• | 18 | Mumbai, Maharashtra, India |
| Qaswa Engineering Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ashwin Engineering by revenue in the Machinery and Equipment industry (Control Valves), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ashwin Engineering Pvt Ltd
Ashwin Engineering Pvt Ltd is audited by Rangani & Patel for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rangani & Patel | 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 Ashwin Engineering Pvt Ltd
Ashwin Engineering has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipinbhai Naranbhai Patel Also directs: Vaccon Valves Private Limited, Nisha Valves (India) Limited | Director | 28 Sep 1994 | 32 Years 0 Months | Current |
| Anilbhai Naranbhai Patel | Director | 28 Sep 1994 | 32 Years 0 Months | Current |
| Ilaben Anilbhai Patel | Director | 01 Apr 1997 | 29 Years 6 Months | Current |
| Ankit Anilbhai Patel Also directs: Vaccon Valves Private Limited, Nisha Valves (India) Limited | Additional Director | 30 Jul 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Ashwin Engineering Pvt Ltd
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 Ashwin Engineering Pvt Ltd
Ashwin Engineering Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ashwin Engineering Pvt Ltd
Employment history and EPFO contributions of people linked to Ashwin Engineering.
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 Ashwin Engineering Pvt Ltd
Ashwin Engineering Pvt Ltd has 4 board changes on record since 1994: 4 appointments. The latest: Ankit Anilbhai Patel was appointed as Additional Director on 30 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ashwin Engineering Pvt Ltd
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 Ashwin Engineering Pvt Ltd
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 Ashwin Engineering Pvt Ltd
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 Ashwin Engineering Pvt Ltd
Ashwin Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA3130F1ZG | Gujarat | Active | 01 Jul 2017 |
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 Ashwin Engineering Pvt Ltd
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 Ashwin Engineering Pvt Ltd
Ashwin Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 28 September 1994 (32+ years old) and is registered under CIN U25259GJ1994PTC023145.
Ashwin Engineering reported revenue of ₹4.18 Cr for FY 2025 (down 26% YoY).
Ashwin Engineering has 4 current directors:
- Bipinbhai Naranbhai Patel - Director
- Anilbhai Naranbhai Patel - Director
- Ilaben Anilbhai Patel - Director
- Ankit Anilbhai Patel - Additional Director
Ashwin Engineering reported a net profit of ₹3.96 Lakh (net margin 0.9%) and EBITDA of ₹12.24 Lakh (EBITDA margin 2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashwin Engineering is 7% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashwin Engineering is 24AABCA3130F1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashwin Engineering is U25259GJ1994PTC023145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwin Engineering was incorporated on 28 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashwin Engineering by revenue are Rapid Controls P. Ltd, Dekalvalve Casting Private Limited, Valvematics Engineering Private Limited, Premier Valves and Fittings Private Limited, SJMJ Global Private Limited and 5 more, all in the Machinery and Equipment industry (Control Valves).
Ankit Anilbhai Patel was appointed as Additional Director on 30 Jul 2024. Ilaben Anilbhai Patel was appointed as Director on 01 Apr 1997. Anilbhai Naranbhai Patel was appointed as Director on 28 Sep 1994. Ashwin Engineering has 4 board changes on record in total.
The registered office of Ashwin Engineering is at 84 Tirupati Estate BH Amber Cinema P.O. Bapunagar Industrial Estate, Ahmedabad, Gujarat, India – 380024.