MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0291042
_PRIVATE_LIMITED.webp)
Asian Power Systems (India) Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.75 Cr
▼ 10% YoY
Net profit · FY 2024
₹30.35 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹70.61 Lakh
EBITDA margin 5.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
10
Provident fund records
Directors on board
2
As per MCA filings
About Asian Power Systems (India) Private Limited
Data last updated:
Asian Power Systems (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 04 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN2007PTC130257. Its GSTIN is 27AAGCA8111P1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Rajendra Vasantrao Walture (Whole-Time Director) and Abhay Pandurang Swar (Whole-Time Director).
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 El 25/ 2 & 3 Electronic Zone J Block MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.75 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹30.35 Lakh (net margin 2.4%) and EBITDA of ₹70.61 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Asian Power Systems (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0291042). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asianpower.in.
Company details
CIN U31909PN2007PTC130257
Registration Number 130257
Incorporation Date 04 June 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0291042
Recognitions & Rankings of Asian Power Systems (India)
Contact details
Asian Power Systems (India) Private Limited's registered office is in Pune, Maharashtra. Its website is asianpower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressEl 25/ 2 & 3 Electronic Zone J Block MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Asian Power Systems (India) Private Limited, buy the company report.
Comprehensive company report
Asian Power Systems (India) Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Asian Power Systems (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Asian Power Systems (India) Private Limited, buy the company report.
Financials of Asian Power Systems (India) Private Limited
FY 2025 filings availableAsian Power Systems (India) Private Limited reported revenue of ₹12.75 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹12.75 Cr ▼ 10%
Net profit · FY 2024
₹30.35 Lakh margin 2.4%
EBITDA · FY 2024
₹70.61 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 11%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 21%
5 years · compounded
▼ 13%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 39% 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 |
|---|---|---|---|---|---|
| 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 | ₹70.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.35 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Asian Power Systems (India) Private Limited, buy the company report.
Board of directors of Asian Power Systems (India) Private Limited
Asian Power Systems (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Vasantrao Walture Also directs: Asian Foundry & Forging (India) Private Limited | Whole-Time Director | 04 Jun 2007 | 19 Years 5 Months | Current |
| Abhay Pandurang Swar Also directs: Asian Foundry & Forging (India) Private Limited | Whole-Time Director | 04 Jun 2007 | 19 Years 5 Months | Current |
Peer comparison
Asian Power Systems (India) Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Allied Ceramics Pvt Ltd | ₹12.85 Cr (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Asian Power Systems (India) Private Limitedthis company | ₹12.75 Cr (FY 2024) | ₹30.35 Lakh | 2.4% | -10.0% | 10 | Pune, Maharashtra, India |
| Parinamitra Electricals Pvt Ltd | ₹12.72 Cr (FY 2024) | 7.0% | Gwalior, Madhya Pradesh, India | |||
| Excel Associates Pvt Ltd | ₹12.64 Cr (FY 2025) | 117.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Asian Power Systems (India) Private Limited, buy the company report.
Auditor
Asian Power Systems (India) Private Limited is audited by R G BHILARE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G BHILARE & CO | FY 2022 | 101411W |
Shareholding
The shareholding of Asian Power Systems (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asian Power Systems (India) Private Limited, buy the company report.
Legal cases
Asian Power Systems (India) Private Limited has 2 court cases on record: 2 filed by Asian Power Systems (India). 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms Birla Surya Co. Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms Birla Surya Co. Ltd. | Disposed |
To see the full case history of Asian Power Systems (India) 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 Power Systems (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asian Power Systems (India) Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-28.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 |
To see the full employee and EPFO history of Asian Power Systems (India) Private Limited, buy the company report.
GST
Asian Power Systems (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA8111P1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asian Power Systems (India) Private Limited, buy the company report.
Recent activity
Asian Power Systems (India) Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Abhay Pandurang Swar was appointed as Whole-Time Director on 04 Jun 2007.
AGM
Asian Power Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asian Power Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Abhay Pandurang Swar was appointed as Whole-Time Director.
Appointed
Rajendra Vasantrao Walture was appointed as Whole-Time Director.
Incorporation
04 Jun 2007
Asian Power Systems (India) Private Limited was registered on 04 Jun 2007 with Roc Pune & aged 19 years 5 months as per MCA records.
Frequently asked questions
Asian Power Systems (India) is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 04 June 2007 (19+ years old) and is registered under CIN U31909PN2007PTC130257.
Asian Power Systems (India) has 2 current directors:
- Rajendra Vasantrao Walture - Whole-Time Director
- Abhay Pandurang Swar - Whole-Time Director
The latest financial statements of Asian Power Systems (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asian Power Systems (India) is 27AAGCA8111P1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asian Power Systems (India) is U31909PN2007PTC130257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asian Power Systems (India) has 2 court cases on record: 2 filed by the company. 1 is pending.
Asian Power Systems (India) was incorporated on 04 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Asian Power Systems (India) by revenue are Allied Ceramics Pvt Ltd, Parinamitra Electricals Pvt Ltd, Excel Associates Pvt Ltd, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Abhay Pandurang Swar was appointed as Whole-Time Director on 04 Jun 2007. Rajendra Vasantrao Walture was appointed as Whole-Time Director on 04 Jun 2007.
Yes, Asian Power Systems (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0291042).
Asian Power Systems (India) can be reached through the website asianpower.in. Its registered office is in Pune, Maharashtra, India.
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