- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0078612

About Ashwini Infradevelopments Private Limited
Data last updated:
Ashwini Infradevelopments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 01 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2002PTC135340. Its GSTIN is 27AADCA4355L1ZI (Maharashtra).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Baswantray Shivappa Hampanagoudar (Managing Director) and Shankar Sangappa Hampanagoudar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 310 The Chambers L3 Western Express Highway Vile Parle (E), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹189.53 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹14.83 Cr (net margin 7.8%) and EBITDA of ₹25.55 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashwini Infradevelopments. As per MCA filings, the company has open charges of ₹62.45 Cr and satisfied charges of ₹49.78 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 3 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in February 2024. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is Sharad Constructions Private Limited with revenue of ₹192.61 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 13 micro and small suppliers.
Ashwini Infradevelopments Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0078612). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashwiniinfra.com.
Recognitions & Rankings of Ashwini Infradevelopments
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address310 The Chambers L3 Western Express Highway Vile Parle (E), Mumbai, Maharashtra, India – 400057
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Associated Brands with Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments operates one associated brand: Ashwini Infradevelopments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure firm specializing in road construction, building, retrofitting, and equipment rental services. | ashwiniinfra.com |
Business Activity of Ashwini Infradevelopments Private Limited
The main business activity of Ashwini Infradevelopments is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | 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 Ashwini Infradevelopments Private Limited FY 2025 filings available
Ashwini Infradevelopments Private Limited reported revenue of ₹189.53 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashwini Infradevelopments Private Limited
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 6% 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 Ashwini Infradevelopments 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹25.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.83 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 Ashwini Infradevelopments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Ashwini Infradevelopments 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.
Board of Directors of Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baswantray Shivappa Hampanagoudar | Managing Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Shankar Sangappa Hampanagoudar Also directs: Aarika Infraproject LLP | Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Ravi Hampanagoudar Sangappa Also directs: Aarika Infraproject LLP | Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Sachin Baswantray Hampanagoudar Also directs: Aarika Infraproject LLP, Ashvig Private Limited | Director | 28 Apr 2016 | 10 Years 5 Months | Current |
Peer Comparison of Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sharad Constructions Private Limited | ₹192.61 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Parth Infrastructure Private Limited | ₹191.73 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Porbandar, Gujarat, India |
| Kaveri Infraprojects Private Limited | ₹191.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Warangal, Telangana, India |
| Pegaz Technology and Solutions Private Limited | ₹190.28 Cr (FY 2025) | •••• | •••• | 264.0% | •••• | Sreebhumi, West Bengal, India |
| Mehul Construction Company Pvt Ltd | ₹190.18 Cr (FY 2024) | •••• | •••• | 283.0% | •••• | Solapur, Maharashtra, India |
| Ashwini Infradevelopments Private Limited this company | ₹189.53 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Nayak Infrastructure Private Limited | ₹189.1 Cr (FY 2018) | •••• | •••• | -37.0% | •••• | Lumding, Assam, India |
| Dhaneshwar Construction Private Limited | ₹187.66 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bhosari, Maharashtra, India |
| Santech Engineers Private Limited | ₹187.53 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bangalore, Karnataka, India |
| Pobi Technologies & Constructions Private Limited | ₹186.3 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | North 24 Parganas, West Bengal, India |
| Skaf Construction Private Limited | ₹186.19 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ashwini Infradevelopments by revenue in the Infrastructure industry (Construction Services), 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 Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments Private Limited is audited by S. G. MHETRE & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. G. MHETRE & 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.
Ownership and Shareholding of Ashwini Infradevelopments 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 Ashwini Infradevelopments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2025 | Hdfc Bank Limited | ₹2.81 Cr | Open |
| 19 Sep 2025 | Axis Bank Limited | ₹43 Lakh | Open |
| 21 Jun 2025 | Axis Bank Limited | ₹4.53 Cr | Open |
| 19 Sep 2024 | Axis Bank Limited | ₹33.66 Lakh | Open |
| 28 Aug 2024 | Axis Bank Limited | ₹45.6 Lakh | Open |
Total charge records: 61 View all charges
Deals & Funding of Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in February 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2005 | Funding round | ₹4 Cr | Investors: 4 individuals |
Full deal history
All 5 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 Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments Private Limited has 7 court cases on record: 2 filed by Ashwini Infradevelopments, 5 filed against it. 3 cases are pending and 4 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 2 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Fedders Lloyd Corporation Limited | Disposed |
| District court, Thane, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Gold Fingers Est Pvt. Ltd | Pending |
| Bombay High Court | Court case (MVXA) | Filed by the company against State of Maharashtra | Pending |
| Bombay High Court | Court case (ARP) | Filed by the company against Navi Mumbai Municipal Transport | Disposed |
Full case history
All 7 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 Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 13 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 (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Splash Engineering Private Limited | •••• | •••• | •••• |
| Sunny Sales Corporation | •••• | •••• | •••• |
| Reliable Equipment | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 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.
Employees and EPFO Compliance at Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments Private Limited has a workforce of 32 employees as of Oct 10, 2025.
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 Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments Private Limited has 10 board changes on record since 2002: 4 appointments and 6 cessations. The latest: Dileep Kumar Kanaiyalal ceased to be Company Secretary on 06 Oct 2022.
111 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashwini Infradevelopments 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 Ashwini Infradevelopments 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 Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA4355L1ZI | Maharashtra | 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 Ashwini Infradevelopments 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 Ashwini Infradevelopments Private Limited
Ashwini Infradevelopments is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 01 April 2002 (24+ years old) and is registered under CIN U45200MH2002PTC135340.
Ashwini Infradevelopments reported revenue of ₹189.53 Cr for FY 2025 (down 20% YoY).
Ashwini Infradevelopments has 4 current directors:
- Baswantray Shivappa Hampanagoudar - Managing Director
- Shankar Sangappa Hampanagoudar - Director
- Ravi Hampanagoudar Sangappa - Director
- Sachin Baswantray Hampanagoudar - Director
Ashwini Infradevelopments reported a net profit of ₹14.83 Cr (net margin 7.8%) and EBITDA of ₹25.55 Cr (EBITDA margin 13.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashwini Infradevelopments is -3% over three years and 14% over five years. In the latest year (FY 2025) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashwini Infradevelopments is 27AADCA4355L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashwini Infradevelopments is U45200MH2002PTC135340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwini Infradevelopments has 7 court cases on record: 2 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Ashwini Infradevelopments was incorporated on 01 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashwini Infradevelopments has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in February 2024.
The peers of Ashwini Infradevelopments by revenue are Sharad Constructions Private Limited, Parth Infrastructure Private Limited, Kaveri Infraprojects Private Limited, Pegaz Technology and Solutions Private Limited, Mehul Construction Company Pvt Ltd and 5 more, all in the Infrastructure industry (Construction Services).
Dileep Kumar Kanaiyalal ceased to be Company Secretary on 06 Oct 2022. Sachin Baswantray Hampanagoudar ceased to be Additional Director on 30 Sep 2016. Sachin Baswantray Hampanagoudar was appointed as Director on 28 Apr 2016. Ashwini Infradevelopments has 10 board changes on record in total.