- Category
- Medium (2026-27)
- Udyam number
- UDYAM-JH-06-0012842

About Avatar Industries Limited
Data last updated:
Avatar Industries Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Asl Enterprises Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 20 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L62099MH1992PLC464238. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on NSE: ASLIND.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.42 Cr. It was formerly known as Asl Industries Private Limited. It is led by directors including Richa Pravin Rathod (Managing Director) and Kiran Dilip Thakore.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Nesco IT Park 10th Floor Building 4, Mumbai, Maharashtra, India – 400063.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹102.87 Cr. For the same year it recorded a net profit of ₹37 Lakh (net margin 0.4%) and EBITDA of -₹20 Lakh (EBITDA margin -0.2%). The net worth stands at ₹35.42 Cr (up 1.1% YoY). Total assets are valued at ₹35.41 Cr (up 1.1% YoY).
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ASL Industries. As per MCA filings, the company has satisfied charges of ₹42.26 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 88 deals on record (87 market trades, 1 ipo); the latest was in March 2026.
Avatar Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-06-0012842). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aslindustries.in.
Company details
Name history
Avatar Industries has undergone 2 name changes throughout its history. The company was previously known as Asl Industries Private Limited, and Avatar Industries Limited. The current legal name is Avatar Industries Limited.
| Company Name | Status |
|---|---|
| Avatar Industries Limited | Current |
| Asl Industries Private Limited | Previous |
CIN history
Avatar Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L62099MH1992PLC464238, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L62099MH1992PLC464238 | Current |
| U36900WB1992PLC099901 | Previous |
| L36900WB1992PLC099901 | Previous |
| L62099WB1992PLC099901 | Previous |
Recognitions & Rankings of Avatar Industries
Contact details
Avatar Industries Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressNesco IT Park 10th Floor Building 4, Mumbai, Maharashtra, India – 400063
- IndustryAutomotive, Auto Parts & Components
- 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
Avatar Industries operates one associated brand: ASL Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Transmission components are manufactured and supplied to OEMs. | aslindustries.in |
Financials of Avatar Industries Limited
FY 2025-26 filings availableAvatar Industries Limited reported revenue of ₹102.87 Cr for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 103 | 0.00 |
| EBITDA | (0.20) | (0.27) |
| EBITDA margin | -0.2% | - |
| Profit before tax | 0.48 | 0.09 |
| Net profit | 0.37 | 0.08 |
| Net profit margin | +0.4% | - |
| EPS (₹) | 0.36 | 0.08 |
| Balance sheet | ||
| Total assets | 35.41 | 35.04 |
| Net worth | 35.42 | 35.04 |
| Total debt | 0.00 | 0.00 |
| Cash & bank | 0.65 | 0.01 |
| Net working capital | 35.14 | 34.78 |
| Cash flow | ||
| Cash from operations | 0.27 | (0.02) |
| Cash from investing | 0.00 | 0.06 |
| Cash from financing | 0.00 | 0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 8.20 | 10.46 | 13.42 |
| Revenue growth | - | - | - | -100.0% | -21.6% | -22.1% | -80.1% |
| EBITDA | (0.14) | (0.27) | (0.76) | (0.42) | (0.57) | (1.64) | (0.88) |
| EBITDA margin | - | - | - | - | -7.0% | -15.7% | -6.6% |
| Profit before tax | 0.54 | 0.09 | 0.48 | 2.18 | 1.97 | 0.98 | 2.43 |
| Net profit | 0.43 | 0.08 | 0.36 | 1.63 | 1.53 | (0.03) | (1.89) |
| Net profit margin | - | - | - | - | +18.7% | -0.3% | -14.1% |
| EPS (₹) | 0.42 | 0.08 | 0.34 | 1.57 | 1.45 | 0.38 | 2.06 |
| Balance sheet | |||||||
| Total assets | 35.47 | 35.04 | 35.03 | 34.73 | 33.09 | 31.58 | 31.65 |
| Net worth | 35.48 | 35.04 | 35.03 | 34.73 | 33.09 | 31.58 | 31.65 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.34 | 0.01 | (0.03) | 0.27 | (0.09) | 0.57 | 1.17 |
| Net working capital | 34.85 | 34.78 | 34.73 | 34.35 | 32.66 | 31.01 | 27.46 |
| Cash flow | |||||||
| Cash from operations | 0.69 | (0.02) | (0.30) | 0.36 | (0.69) | (4.25) | (17.24) |
| Cash from investing | (0.35) | 0.06 | 0.00 | 0.00 | 0.02 | 4.13 | 42.89 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (24.96) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 103 | 0.00 |
| Other income | 0.68 | 0.36 |
| Total expenses | 103 | 0.27 |
| Employee cost | 0.05 | 0.06 |
| EBITDA | (0.20) | (0.27) |
| EBITDA margin | -0.2% | - |
| Depreciation | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 |
| Profit before tax | 0.48 | 0.09 |
| Tax | 0.11 | 0.01 |
| Net profit | 0.37 | 0.08 |
| Net profit margin | +0.4% | - |
| EPS (₹) | 0.36 | 0.08 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 10.42 | 10.42 |
| Reserves & surplus | 25.00 | 24.62 |
| Shareholders' funds (net worth) | 35.42 | 35.04 |
| Minority interest | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 |
| Total liabilities | 35.41 | 35.04 |
| Assets | ||
| Gross block | 0.00 | 0.00 |
| Net block | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 |
| Sundry debtors | 0.19 | 0.00 |
| Cash & bank balances | 0.65 | 0.01 |
| Loans & advances | 34.46 | 34.87 |
| Total current assets | 35.30 | 34.88 |
| Total current liabilities | 0.16 | 0.10 |
| Net working capital | 35.14 | 34.78 |
| Total assets | 35.41 | 35.04 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 0.01 | (0.03) |
| Net cash from operating activities | 0.27 | (0.02) |
| Net cash from investing activities | 0.00 | 0.06 |
| Net cash from financing activities | 0.00 | 0.00 |
| Net change in cash | 0.27 | 0.04 |
| Closing cash | 0.65 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| EBITDA growth | +25.9% | - |
| PBT growth | +433.3% | +9997.0% |
| Net income growth | +362.5% | - |
| Profitability & leverage | ||
| Net income margin | +0.4% | - |
| Return on capital employed | +1.4% | +0.3% |
| Return on net worth | +1.1% | +0.3% |
| Debt / equity | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 |
| Efficiency & per share | ||
| Fixed asset turnover | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 |
| Debtors turnover | 1,082.84 | 0.00 |
| EPS (₹) | 0.36 | 0.08 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 34.00 | 33.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 8.20 | 10.46 | 13.42 |
| Revenue growth | - | - | - | -100.0% | -21.6% | -22.1% | -80.1% |
| Other income | 0.68 | 0.36 | 1.25 | 2.61 | 2.55 | 2.84 | 5.21 |
| Total expenses | 0.14 | 0.27 | 0.76 | 0.42 | 8.77 | 12.10 | 14.30 |
| Employee cost | 0.05 | 0.06 | 0.21 | 0.08 | 0.09 | 0.08 | 0.60 |
| EBITDA | (0.14) | (0.27) | (0.76) | (0.42) | (0.57) | (1.64) | (0.88) |
| EBITDA margin | - | - | - | - | -7.0% | -15.7% | -6.6% |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.22 | 0.35 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.55 |
| Profit before tax | 0.54 | 0.09 | 0.48 | 2.18 | 1.97 | 0.98 | 2.43 |
| Tax | 0.11 | 0.01 | 0.12 | 0.55 | 0.44 | 0.59 | 0.29 |
| Net profit | 0.43 | 0.08 | 0.36 | 1.63 | 1.53 | (0.03) | (1.89) |
| Net profit margin | - | - | - | - | +18.7% | -0.3% | -14.1% |
| EPS (₹) | 0.42 | 0.08 | 0.34 | 1.57 | 1.45 | 0.38 | 2.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 |
| Reserves & surplus | 25.06 | 24.62 | 24.61 | 24.31 | 22.67 | 21.16 | 21.23 |
| Shareholders' funds (net worth) | 35.48 | 35.04 | 35.03 | 34.73 | 33.09 | 31.58 | 31.65 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 35.47 | 35.04 | 35.03 | 34.73 | 33.09 | 31.58 | 31.65 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.07 | 0.07 | 0.07 | 0.07 | 5.24 |
| Net block | 0.00 | 0.00 | 0.02 | 0.02 | 0.03 | 0.04 | 2.73 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.35 | 0.00 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.85 |
| Sundry debtors | 0.00 | 0.00 | 0.02 | 0.03 | 0.09 | 3.75 | 3.59 |
| Cash & bank balances | 0.34 | 0.01 | (0.03) | 0.27 | (0.09) | 0.57 | 1.17 |
| Loans & advances | 34.67 | 34.87 | 34.70 | 34.42 | 32.72 | 27.13 | 19.40 |
| Total current assets | 35.01 | 34.88 | 34.69 | 34.72 | 32.72 | 31.45 | 32.01 |
| Total current liabilities | 0.16 | 0.10 | (0.04) | 0.37 | 0.06 | 0.44 | 4.55 |
| Net working capital | 34.85 | 34.78 | 34.73 | 34.35 | 32.66 | 31.01 | 27.46 |
| Total assets | 35.47 | 35.04 | 35.03 | 34.73 | 33.09 | 31.58 | 31.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | (0.03) | 0.27 | (0.09) | 0.57 | 0.70 | 0.02 |
| Net cash from operating activities | 0.69 | (0.02) | (0.30) | 0.36 | (0.69) | (4.25) | (17.24) |
| Net cash from investing activities | (0.35) | 0.06 | 0.00 | 0.00 | 0.02 | 4.13 | 42.89 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (24.96) |
| Net change in cash | 0.34 | 0.04 | (0.30) | 0.36 | (0.67) | (0.12) | 0.68 |
| Closing cash | 0.34 | 0.01 | (0.03) | 0.27 | (0.09) | 0.57 | 1.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | - | - | -100.0% | -21.6% | -22.1% | -80.1% |
| EBITDA growth | +48.2% | +64.5% | -81.0% | +26.3% | +65.2% | -86.4% | -148.4% |
| PBT growth | +500.0% | -81.3% | -78.0% | +10.7% | +101.0% | -59.7% | +9998.0% |
| Net income growth | +437.5% | -77.8% | -77.9% | +6.5% | +5200.0% | +98.4% | +43.2% |
| Revenue CAGR (3Y) | - | -100.0% | -100.0% | -100.0% | -50.4% | -47.1% | -38.1% |
| EBITDA CAGR (3Y) | -30.7% | -22.1% | -22.6% | -21.9% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | - | - | - | - | +18.7% | +3.7% | +16.0% |
| Return on capital employed | +1.5% | +0.3% | +1.4% | +6.4% | +5.8% | -0.1% | -0.7% |
| Return on net worth | +1.2% | +0.3% | +1.0% | +4.8% | +4.5% | -0.1% | -5.9% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.42 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -126.02 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 117.14 | 3.94 | 0.36 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.66 | 1.21 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 4.27 | 2.85 | 3.17 |
| EPS (₹) | 0.42 | 0.08 | 0.34 | 1.57 | 1.45 | 0.38 | 2.06 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 34.05 | 33.64 | 33.63 | 33.34 | 31.77 | 30.31 | 30.38 |
To see the full year-wise statements and ratios of Avatar Industries Limited, buy the company report.
Board of directors of Avatar Industries Limited
Avatar Industries has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Dilip Thakore Also directs: Skybridge Lifespaces LLP, Skybridge Incap Advisory LLP, Skybridge Ventures LLP and 5 more | Director | 27 Aug 2024 | 2 Years 1 Months | Current |
| Dilip Kumar Goyal | Director | 24 Jun 1999 | 27 Years 3 Months | Current |
| Yatish Shankar Poojary | Director | 14 Aug 2025 | 1 Years 2 Months | Current |
| Karina Kashiram Jadhav | Director | 12 Feb 2026 | 0 Years 8 Months | Current |
| Richa Pravin Rathod Also directs: G 9 Horeca LLP | Managing Director | 23 Apr 2026 | 0 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2017 | 100093062 | Axis Bank Limited | ₹11.5 Cr | Satisfied | |
| 27 Mar 2017 | 100093066 | Axis Bank Limited | ₹9.13 Cr | Satisfied | |
| 07 Jan 2015 | 10546818 | Tata Capital Financial Services Limited | ₹4.13 Cr | Satisfied | |
| 20 Apr 2011 | 10289181 | Tata Capital Limited | ₹1.2 Cr | Satisfied | |
| 10 Nov 2005 | 80018725 | State Bank of India | ₹8.5 Cr | Satisfied |
To see the full charge records of Avatar Industries Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Avatar Industries Limited has 88 deals on record (87 market trades, 1 ipo); the latest was in March 2026.
Deals on record (5 of 88)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹1.14 Cr | Seller: Pro Fin Capital Services Limited |
| Aug 2023 | Market trade | ₹16.9 Lakh | Buyer: Sarvagay Textile LLP Seller: Tango Commosales LLP |
| Aug 2023 | Market trade | ₹93.5 Lakh | Buyer: Skybridge Incap Advisory LLP , Hansraj Commosales LLP Seller: Hansraj Commosales LLP , Sunayana Investment Company Limited |
| Aug 2023 | Market trade | ₹20 Lakh | Buyer: Hansraj Commosales LLP Seller: an individual |
| Aug 2023 | Market trade | ₹36 Lakh | Buyer: Skybridge Incap Advisory LLP Seller: an individual |
To see the full deal history of Avatar Industries 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
Avatar Industries Limited has 4 court cases on record: 2 filed by Avatar Industries, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed by the company against M/S Dys Impex Pvt Ltd and 2 others | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| Supreme Court | Court case (0435-Indirect Taxes Matters : Value Added Tax) | Filed against the company by The State of Jharkhand Through the Secretary Cum Commissioner Office at Project Building Dhurwa Po and PS Dhurwa Dist. Ranchi ,Ranchi , Jharkhand and 4 others | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Avatar Industries 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
Avatar Industries Limited was last rated by Crisil on 24 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Dec 2020 |
To see the full credit ratings and regulatory alerts of Avatar Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avatar Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avatar Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avatar Industries Limited, buy the company report.
Recent activity
Avatar Industries Limited has 18 board changes on record since 1999: 6 appointments and 12 cessations. The latest: Richa Pravin Rathod was appointed as Managing Director on 23 Apr 2026.
32 earlier events are in the company report.
News
Frequently asked questions
Avatar Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 20 February 1992 (34+ years old) and is registered under CIN L62099MH1992PLC464238. Listed on NSE: ASLIND.
Avatar Industries reported revenue of ₹102.87 Cr for FY 2025-26 based on consolidated financials.
Avatar Industries has 5 current directors:
- Richa Pravin Rathod - Managing Director
- Kiran Dilip Thakore - Director
- Dilip Kumar Goyal - Director
- Yatish Shankar Poojary - Director
- Karina Kashiram Jadhav - Director
The latest financial statements of Avatar Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
No. Avatar Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avatar Industries is L62099MH1992PLC464238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Avatar Industries is a listed company as per MCA records. Its shares are listed on NSE (symbol: ASLIND).
Avatar Industries has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Avatar Industries was incorporated on 20 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Avatar Industries has 88 deals on record (87 market trades, 1 ipo); the latest was in March 2026.