About Ashwin Precision Products Private Limited
Data last updated:
Ashwin Precision Products Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 28 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29220KA1997PTC023085. Its GSTIN is 29AABCA7058C1ZT (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹100 Lakh. It is led by directors including Ashwin Babu and Babu Sriramulu.
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 A – 158 3rd Cross First Stage Peenya Industrial Estate, Bengaluru, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.92 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹7 Cr (net margin 12.5%) and EBITDA of ₹13.8 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company has about 116 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashwin Precision Products. As per MCA filings, the company has open charges of ₹74.52 Cr and satisfied charges of ₹21.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashwinindia.in.
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- TelephoneLocked
- Website
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- Registered AddressNo A – 158 3rd Cross First Stage Peenya Industrial Estate, Bengaluru, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
CIN History of Ashwin Precision Products Private Limited
Ashwin Precision Products has one previous CIN (Corporate Identification Number): U31909KA1997PTC023085. The current CIN is U29220KA1997PTC023085, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29220KA1997PTC023085 | Current |
| U31909KA1997PTC023085 | Previous |
Associated Brands with Ashwin Precision Products Private Limited
Ashwin Precision Products operates one associated brand: Ashwin Precision Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality precision machined products for industrial applications. | ashwinindia.in |
Competitors & Alternatives of Ashwin Precision Products Private Limited
Brands and companies operating in the same space as Ashwin Precision Products Private Limited include Elecon, Shanthi Gears, Klingelnberg and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Elecon | Industrial geared motors, material handling, and mining equipment are manufactured. | Anand, India | 1951 |
 Shanthi Gears | Manufacturer and supplier of standard and customizable gearboxes and power transmission products | Coimbatore, India | 1972 |
 Klingelnberg | Gears and precision components are manufactured for industrial applications. | Zurich, Switzerland | 1863 |
 Premium Transmission | Provider of power transmission solutions and products | Pune, India | 1961 |
 Horsburgh & Scott | Gearing and gearboxes are manufactured by Horsburgh & Scott. | Cleveland, United States | 1886 |
 Niebuhr Gears | Manufacturer of gear components for industrial machine builders | Ikast, Denmark | 1972 |
 Wikov | Manufacturer & supplier of mechanical gearboxes and gear couplings for various industrial applications | Prague, Czech Republic, Czechia | 1884 |
 SEW-EURODRIVE | Industrial motors, gearmotors, and inverters are manufactured for industrial use. | Johannesburg, South Africa | 1931 |
Business Activity of Ashwin Precision Products Private Limited
The main business activity of Ashwin Precision Products is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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.
Auditor Details of Ashwin Precision Products Private Limited
Ashwin Precision Products Private Limited is audited by SVC & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SVC & CO | 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 Precision Products Private Limited
Ashwin Precision Products has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Babu Also directs: 91Assets LLP | Director | 15 May 2000 | 26 Years 4 Months | Current |
| Babu Sriramulu | Director | 28 Nov 1997 | 28 Years 10 Months | Current |
| Yamuna Babu Also directs: Precimech Precision Products Private Limited | Director | 28 Nov 1997 | 28 Years 10 Months | Current |
Financials of Ashwin Precision Products Private Limited FY 2024 filings available
Ashwin Precision Products Private Limited reported revenue of ₹55.92 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashwin Precision Products Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 9% growth in the latest year. EBITDA rose 15% 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 Precision Products Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashwin Precision Products Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.5% | •••• | •••• | •••• | •••• |
| 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 Precision Products 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.
Ownership and Shareholding of Ashwin Precision Products 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 Ashwin Precision Products Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2023 | Others | ₹9.6 Cr | Open |
| 25 Feb 2022 | Axis Bank Limited | ₹10.5 Cr | Open |
| 25 Sep 2020 | Others | ₹2.07 Cr | Open |
| 29 Feb 2020 | Others | ₹3 Cr | Open |
| 28 Nov 2019 | Others | ₹9.97 Cr | Open |
Total charge records: 16 View all charges
Employees and EPFO Compliance at Ashwin Precision Products Private Limited
Ashwin Precision Products Private Limited has a workforce of 116 employees as of Apr 09, 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.
GST Compliance of Ashwin Precision Products Private Limited
Ashwin Precision Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA7058C1ZT | Karnataka | 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.
Credit Ratings, Litigation & Regulatory Alerts for Ashwin Precision Products 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.
MSME Payment Delays by Ashwin Precision Products Private Limited
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 Precision Products 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.
MCA Filings & Documents of Ashwin Precision Products 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.
Recent Activity on Ashwin Precision Products Private Limited
Frequently Asked Questions about Ashwin Precision Products Private Limited
Ashwin Precision Products is an active private limited company based in Bengaluru, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 28 November 1997 (29+ years old) and is registered under CIN U29220KA1997PTC023085.
Ashwin Precision Products reported revenue of ₹55.92 Cr for FY 2025 (up 9% YoY).
Ashwin Precision Products has 3 current directors:
- Ashwin Babu - Director
- Babu Sriramulu - Director
- Yamuna Babu - Director
Ashwin Precision Products reported a net profit of ₹7 Cr (net margin 12.5%) and EBITDA of ₹13.8 Cr (EBITDA margin 24.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashwin Precision Products is -1% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashwin Precision Products is 29AABCA7058C1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Ashwin Precision Products is U29220KA1997PTC023085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwin Precision Products was incorporated on 28 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashwin Precision Products can be reached through the website ashwinindia.in. Its registered office is in Bengaluru, Karnataka, India.