Asian Distributors Private Limited
About Asian Distributors Private Limited
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Asian Distributors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 03 February 1962 and has been in existence for over 64 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1962PTC014209. Its GSTIN is 27AAACA5013E1ZB (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.02 Cr. It is led by directors Balkrishna Bhimappa Chinnamale and Arun Kumar Singhi.
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 Industry House 159 Churchgate Reclamation, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.96 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹1.88 Cr (net margin 26.9%) and EBITDA of ₹1.9 Cr (EBITDA margin 27.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Asian Distributors has one previous CIN (Corporate Identification Number): U65990MH1962PLC014209. The current CIN is U65990MH1962PTC014209, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1962PTC014209 | Current |
| U65990MH1962PLC014209 | Previous |
Contact details
Asian Distributors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIndustry House 159 Churchgate Reclamation, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Asian Distributors Private Limited, buy the company report.
- 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
Business activity
The main business activity of Asian Distributors is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Asian Distributors Private Limited, buy the company report.
Financials of Asian Distributors Private Limited
FY 2024 filings availableAsian Distributors Private Limited reported revenue of ₹6.96 Cr (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.9 Cr | ||||
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| Net Profit (PAT) | ₹1.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.3% | ||||
| Net Profit Margin | 26.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Asian Distributors Private Limited, buy the company report.
Board of directors of Asian Distributors Private Limited
Asian Distributors has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balkrishna Bhimappa Chinnamale Also directs: Birla Electricals Limited, Birla Global Corporate Private Limited, Birla Viking Travels Limited and 3 more | Director | 25 Mar 2019 | 7 Years 7 Months | Current |
| Arun Kumar Singhi Also directs: Birla Transasia Carpets Limited, Saurebh Creation Private Limited, Shrinika Infra Limited and 5 more | Director | 20 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Asian Distributors Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manikaran Credit and Leasing Company Private Limited | ₹7 Cr (FY 2025) | 102.0% | Delhi, India | |||
| P Seven General Finance Private Limited | ₹7 Cr (FY 2025) | 52.0% | New Delhi, Delhi, India | |||
| Asian Distributors Private Limitedthis company | ₹6.96 Cr (FY 2024) | ₹1.88 Cr | 26.9% | -54.0% | Mumbai, Maharashtra, India | |
| Dorite Tracon Pvt Ltd | ₹6.95 Cr (FY 2021) | 25.0% | Kolkata, West Bengal, India | |||
| Tirupati Finvest Private Limited | ₹6.94 Cr (FY 2025) | 86.0% | Kolkata, West Bengal, India | |||
| Suptaswar Investments and Trading Company Limited | ₹6.93 Cr (FY 2019) | -17.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Asian Distributors Private Limited, buy the company report.
Auditor
Asian Distributors Private Limited is audited by M.L. CHORARIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.L. CHORARIA & ASSOCIATES | FY 2023 | 044180 |
Shareholding
The shareholding of Asian Distributors 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 Asian Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2011 | 10286942 | Karnataka Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Asian Distributors Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Asian Distributors Private Limited has 10 court cases on record: 5 filed by Asian Distributors, 5 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 1 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Zenith Steel Pipes and Industries Ltd. | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Zenith Steel Pipes and Industries Ltd. | Disposed |
| NCLT, Mumbai | Company petition | Filed against the company by BBNC Consultancy Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by The Karnataka Bank Ltd. Th Shri H. S. Nandkumar | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against M/S. Vedant Multispeciality Hospital and Institute and 2 others | Disposed |
To see the full case history of Asian Distributors 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asian Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Asian Distributors has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Asian Distributors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA5013E1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asian Distributors Private Limited, buy the company report.
Recent activity
Asian Distributors Private Limited has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Balkrishna Bhimappa Chinnamale ceased to be Additional Director on 28 Sep 2019.
6 earlier events are in the company report.
Frequently asked questions
Asian Distributors is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 03 February 1962 (64+ years old) and is registered under CIN U65990MH1962PTC014209.
Asian Distributors has 2 current directors:
- Balkrishna Bhimappa Chinnamale - Director
- Arun Kumar Singhi - Director
The latest financial statements of Asian Distributors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Asian Distributors is 27AAACA5013E1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asian Distributors is U65990MH1962PTC014209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asian Distributors has 10 court cases on record: 5 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Asian Distributors was incorporated on 03 February 1962, making it 64+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asian Distributors by revenue are Manikaran Credit and Leasing Company Private Limited, P Seven General Finance Private Limited, Dorite Tracon Pvt Ltd, Tirupati Finvest Private Limited, Suptaswar Investments and Trading Company Limited, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Balkrishna Bhimappa Chinnamale ceased to be Additional Director on 28 Sep 2019. Balkrishna Bhimappa Chinnamale was appointed as Director on 25 Mar 2019. Bhalchandra Yashwant Shinde ceased to be Additional Director on 25 Mar 2019. Asian Distributors has 12 board changes on record in total.
The registered office of Asian Distributors is at Industry House 159 Churchgate Reclamation, Mumbai, Maharashtra, India – 400020.
Asian Distributors operates in the financial services industry, in the nbfc segment.