About Asian Fab Tec Limited
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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 55 cases involving the company, including 8 filed by the company and 47 filed against it; 14 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. 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.
Company details
CIN history
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 |
Contact details
Asian Fab Tec Limited's registered office is in Bangalore, Karnataka. Its website is asianfabtec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.15 II Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Asian Fab Tec 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
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Asian Fab Tec Limited, buy the company report.
Financials of Asian Fab Tec Limited
FY 2024 filings availableAsian Fab Tec Limited reported revenue of ₹600.18 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹197.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.03 Cr | ||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Asian Fab Tec Limited, buy the company report.
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 1 Months | Current |
| Shashikala Bangalore Rajanna | Whole-Time Director | 18 Mar 2015 | 11 Years 7 Months | Current |
| Anasuya | Director | 14 Aug 2000 | 26 Years 2 Months | Current |
| Kannaghatta Puttaswamy Gowda Srinivas | Whole-Time Director | 20 Dec 2013 | 12 Years 10 Months | Current |
| Kannaghatta Puttaswamy Gowda Pavan | Whole-Time Director | 20 Dec 2013 | 12 Years 10 Months | Current |
| Dinakar Barandadi Also directs: Viji Power Transformers Private Limited | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Asian Fab Tec Limited is audited by Bhaskar G & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhaskar G & CO | FY 2023 | 020738S |
Shareholding
The shareholding of Asian Fab Tec 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 Fab Tec Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101054474 | Hdfc Bank Limited | ₹1.48 Cr | Open | |
| 17 Jul 2024 | 100952428 | Others | ₹1.36 Cr | Open | |
| 30 Mar 2024 | 100937175 | Others | ₹61 Cr | Open | |
| 30 Mar 2024 | 100936821 | Others | ₹60 Cr | Open | |
| 27 Jun 2023 | 100744485 | Axis Bank Limited | ₹4.98 Cr | Open |
To see the full charge records of Asian Fab Tec Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
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 |
To see the full deal history of Asian Fab Tec Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asian Fab Tec Limited has 55 court cases on record: 8 filed by Asian Fab Tec, 47 filed against it. 14 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 41 | 11 |
| High courts | 11 | 5 | 3 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Prathima Industries Pvt. Ltd. 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 against the company by Raghu Infra Private Limited | Disposed |
| District court, CHITRADURGA, Karnataka | Civil suit | Filed against the company | Pending |
| District court, KOLAR, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Asian Fab Tec 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.
Credit ratings & regulatory alerts
Asian Fab Tec Limited was last rated by Icra on 27 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Jan 2022 |
To see the full credit ratings and regulatory alerts of Asian Fab Tec Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Asian Fab Tec Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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 |
To see the full group structure of Asian Fab Tec Limited, buy the company report.
Employees & EPFO
Asian Fab Tec Limited has a workforce of 593 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Asian Fab Tec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCA7116R1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asian Fab Tec Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 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
The latest financial statements of Asian Fab Tec 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 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 55 court cases on record: 8 filed by the company and 47 filed against it. 14 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.
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.
Asian Fab Tec has 7 MSME Form 1 returns on record between 2020 and 2022, listing 3,252 overdue payments to 38 micro and small suppliers. The latest return was filed on 09 Sep 2023.
Asian Fab Tec can be reached through the website asianfabtec.com. Its registered office is in Bangalore, Karnataka, India.
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