About Asian Fab Tec Limited
Data last updated:
Asian Fab Tec Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 14 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U23203KA2000PLC027616. Its GSTIN is 29AADCA7116R1Z5 (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.73 Cr. It was formerly known as Asian Cylinders Limited. It is led by directors including Shashikala Bangalore Rajanna (Whole-Time Director) and Kannaghatta Puttaswamy Gowda Srinivas (Whole-Time Director).
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 Plot No.15 II Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹600.18 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹41.03 Cr (net margin 6.8%) and EBITDA of ₹197.12 Cr (EBITDA margin 32.8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company has about 593 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Asian Fab Tec. As per MCA filings, the company has open charges of ₹1,326 Cr and satisfied charges of ₹115.66 Cr on record. Court records list 53 cases involving the company, including 8 filed by the company and 20 filed against it; 13 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2.32 Cr; the latest was in August 2015. Its 10 peer companies in the Power industry (EPC, BoP and BTG) are compared by revenue, 5 larger and 5 smaller; the largest is BGR Energy Systems Limited with revenue of ₹662.64 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2022, listing 3,252 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asianfabtec.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.15 II Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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 Asian Fab Tec Limited
The main business activities of Asian Fab Tec are professional, scientific and technical and electricity, gas, steam and air condition supply. In detail, this covers architecture, engineering activities, technical testing and analysis activities and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | 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 Asian Fab Tec Limited FY 2024 filings available
Asian Fab Tec Limited reported revenue of ₹600.18 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asian Fab Tec Limited
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 5% 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 Asian Fab Tec 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 | ₹197.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41.03 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 Asian Fab Tec Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.8% | •••• | •••• | •••• | •••• |
| 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 Asian Fab Tec 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 Asian Fab Tec Limited
Asian Fab Tec Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BGR Energy Systems Limited Listed | ₹662.64 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Tada, Andhra Pradesh, India |
| Oswal Cables Ltd | ₹638.9 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Jaipur, Rajasthan, India |
| Indigrid Limited | ₹625.51 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Doosan Power Systems India Private Limited | ₹620.08 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Madhav Infra Projects Limited Listed | ₹616.18 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Vadodara, Gujarat, India |
| Asian Fab Tec Limited this company | ₹600.18 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Anvil Energy Private Limited | ₹578.97 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Kolkata, West Bengal, India |
| K Ramachandra Rao Transmission and Projects Private Limited (Part.Ix) | ₹576.62 Cr (FY 2025) | •••• | •••• | 122.0% | •••• | Hyderabad-4, Telangana, India |
| Greenko Clean Energy Projects Private Limited | ₹574.35 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Greenko Energy Projects Private Limited | ₹574.11 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Essens Renewable Private Limited | ₹566.32 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Asian Fab Tec by revenue in the Power industry (EPC, BoP and BTG), 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 Asian Fab Tec Limited
Asian Fab Tec Limited is audited by Bhaskar G & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bhaskar G & 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 Asian Fab Tec Limited
Asian Fab Tec has 8 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanjareddy Aswathreddy Also directs: Electrical Energy Equipments India Private Limited | Director | 29 Sep 2017 | 9 Years 0 Months | Current |
| Shashikala Bangalore Rajanna | Whole-Time Director | 18 Mar 2015 | 11 Years 6 Months | Current |
| Anasuya | Director | 14 Aug 2000 | 26 Years 1 Months | Current |
| Kannaghatta Puttaswamy Gowda Srinivas | Whole-Time Director | 20 Dec 2013 | 12 Years 9 Months | Current |
| Kannaghatta Puttaswamy Gowda Pavan | Whole-Time Director | 20 Dec 2013 | 12 Years 9 Months | Current |
| Dinakar Barandadi Also directs: Viji Power Transformers Private Limited | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
Ownership and Shareholding of Asian Fab Tec 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 Asian Fab Tec Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2025 | Hdfc Bank Limited | ₹1.48 Cr | Open |
| 17 Jul 2024 | Others | ₹1.36 Cr | Open |
| 30 Mar 2024 | Others | ₹61 Cr | Open |
| 30 Mar 2024 | Others | ₹60 Cr | Open |
| 27 Jun 2023 | Axis Bank Limited | ₹4.98 Cr | Open |
Total charge records: 27 View all charges
Deals & Funding of Asian Fab Tec Limited
Asian Fab Tec Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2.32 Cr; the latest was in August 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2014 | Funding round | ₹1.13 Cr | Investors: 3 individuals |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Oct 2011 | Funding round | ₹39.3 Lakh | Investors: 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Full deal history
All 6 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 Asian Fab Tec Limited
Asian Fab Tec Limited has 53 court cases on record: 8 filed by Asian Fab Tec, 20 filed against it, 25 where it is another party. 13 cases are pending and 40 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 17 | 10 |
| High courts | 11 | 2 | 3 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Court case (Competition Appeal(AT)) | Filed against the company by Prathima Industries Private Limited and 3 others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| District court, KOLAR, Karnataka | Civil suit | Company is another party | Pending |
| District court, CHITRADURGA, Karnataka | Civil suit | Company is another party | Pending |
Full case history
All 53 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 Asian Fab Tec Limited
Asian Fab Tec Limited has 7 MSME Form 1 returns on record between 2020 and 2022, listing 3,252 overdue payments to 38 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 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Prince Concretes Manufacturing Private Limited | •••• | •••• | •••• |
| Viji Power Transformers Pvt Ltd | •••• | •••• | •••• |
| Potenz Infratech Private Limited | •••• | •••• | •••• |
| Howrah Electricals Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 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.
Associated Brands with Asian Fab Tec Limited
Asian Fab Tec operates one associated brand: Asian Fab Tec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical contracting, fabrication, construction, and solar PV projects in India. | asianfabtec.com |
Employees and EPFO Compliance at Asian Fab Tec Limited
Asian Fab Tec Limited has a workforce of 593 employees as of Apr 03, 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.
Group Structure of Asian Fab Tec Limited
Asian Fab Tec has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Asian Power Projects Private Limited | U40200KA2016PTC093776 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Asian Fab Tec Limited
Asian Fab Tec has one previous CIN (Corporate Identification Number): U23203KA2000PTC027616. The current CIN is U23203KA2000PLC027616, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23203KA2000PLC027616 | Current |
| U23203KA2000PTC027616 | Previous |
Recent Activity on Asian Fab Tec Limited
Asian Fab Tec Limited has 18 board changes on record since 2000: 8 appointments and 10 cessations. The latest: Puttaswamygowda Honnegowda Kannaghatta was appointed as Director on 01 Oct 2024.
59 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asian Fab Tec 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 Asian Fab Tec 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 Asian Fab Tec Limited
Asian Fab Tec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCA7116R1Z5 | 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.
MCA Filings & Documents of Asian Fab Tec 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 Asian Fab Tec Limited
Asian Fab Tec is an active public limited company based in Bangalore, Karnataka, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 14 August 2000 (26+ years old) and is registered under CIN U23203KA2000PLC027616.
Asian Fab Tec reported revenue of ₹600.18 Cr for FY 2025 (up 12% YoY).
Asian Fab Tec has 8 current directors:
- Shashikala Bangalore Rajanna - Whole-Time Director
- Kannaghatta Puttaswamy Gowda Srinivas - Whole-Time Director
- Kannaghatta Puttaswamy Gowda Pavan - Whole-Time Director
- Nanjareddy Aswathreddy - Director
- Anasuya - Director
- Dinakar Barandadi - Director
- Hanumanthayanapalya Venkataramaiah Ramakrishnaiah - Director
- Puttaswamygowda Honnegowda Kannaghatta - Director
Asian Fab Tec reported a net profit of ₹41.03 Cr (net margin 6.8%) and EBITDA of ₹197.12 Cr (EBITDA margin 32.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asian Fab Tec is -14% over three years and -6% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asian Fab Tec is 29AADCA7116R1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Asian Fab Tec is U23203KA2000PLC027616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asian Fab Tec has 53 court cases on record: 8 filed by the company and 20 filed against it. 13 are pending. Most are in the district courts.
Asian Fab Tec was incorporated on 14 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Asian Fab Tec has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2.32 Cr; the latest was in August 2015.
The peers of Asian Fab Tec by revenue are BGR Energy Systems Limited, Oswal Cables Ltd, Indigrid Limited, Doosan Power Systems India Private Limited, Madhav Infra Projects Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Puttaswamygowda Honnegowda Kannaghatta was appointed as Director on 01 Oct 2024. Puttaswamygowda Honnegowda Kannaghatta ceased to be Managing Director on 30 Mar 2023. Hanumanthayanapalya Venkataramaiah Ramakrishnaiah was appointed as Director on 20 Jun 2019. Asian Fab Tec has 18 board changes on record in total.