About Asmaco Industries Limited
Data last updated:
Asmaco Industries Limited was a public limited company based in Thane, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the packaging films and foils segment of the packaging sector. It was incorporated on 17 May 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1994PLC078436. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹9 Cr and a paid-up capital of ₹7.97 Cr. It was formerly known as Asmaco Industries P Limited.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Thane, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹18.53 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.47 Lakh (net margin 67.3%) and EBITDA of -₹5.81 Lakh (EBITDA margin -31.3%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 57% over five years.
As per MCA filings, the company has satisfied charges of ₹2.52 Cr on record. Court records list 28 cases involving the company, including 21 filed by the company and 7 filed against it; 1 case is pending.
The last known website on record is asmaco.com.
Company details
CIN history
Asmaco Industries has one previous CIN (Corporate Identification Number): U25209MH1994PTC078436. The current CIN is U25209MH1994PLC078436, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209MH1994PLC078436 | Current |
| U25209MH1994PTC078436 | Previous |
Contact details
Asmaco Industries Limited's registered office is in Thane, Maharashtra. Its website is asmaco.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAsmaco House Plot No. B – 41 Road No. 27 Opp. I.T.I. Wagle Industri, Al Estate, Thane, Maharashtra, India – 400604
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Asmaco Industries 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
Financials of Asmaco Industries Limited
FY 2018 filings availableAsmaco Industries Limited reported revenue of ₹18.53 Lakh (up 485% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 485% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 57%. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹18.53 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹5.81 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.47 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -31.3% | |||
| Net Profit Margin | 67.3% | |||
| 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 Asmaco Industries Limited, buy the company report.
Board of directors of Asmaco Industries Limited
Asmaco Industries has 6 former directors on record and no current directors listed.
Auditor
Asmaco Industries Limited is audited by T M MULLAJI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T M MULLAJI & CO | FY 2018 | 114459W |
Shareholding
The shareholding of Asmaco Industries Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asmaco Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2010 | 10242493 | Bank of Maharashtra | ₹20 Lakh | Satisfied | |
| 16 Jan 2007 | 10036110 | Bank of Maharashtra | ₹32 Lakh | Satisfied | |
| 02 Aug 2006 | 10013169 | Thane Bharat Sahakari Bank Limited | ₹1.25 Cr | Satisfied | |
| 05 Mar 1997 | 90159587 | Bombay Mercantile Co-Op; Bank Ltd. | ₹70 Lakh | Satisfied | |
| 12 May 1995 | 90159454 | Bombay Mercantile Co-Op Bank Ltd | ₹- | Satisfied |
To see the full charge records of Asmaco Industries Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Asmaco Industries Limited has 28 court cases on record: 21 filed by Asmaco Industries, 7 filed against it. 1 case is pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 2 | 1 |
| High courts | 7 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Nitika Pharmaceutical Specialities Pvt. Ltd. THR. Ravleen Singh Khurana | Pending |
| High Court of Karnataka | Court case (COP) | Filed by the company against M/S Garden Polymers Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Kalyan Marketing Pvt.Ltd. 1 | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms Diana Garments Private Ltd. | Disposed |
| District court, Vadodara, Gujarat | Court case (EXE R) | Filed by the company against M/S. Kalyan Marketing Pvt. Ltd., | Disposed |
To see the full case history of Asmaco 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asmaco Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asmaco Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asmaco Industries Limited, buy the company report.
Recent activity
Asmaco Industries Limited has 5 board changes on record since 2019: 0 appointments and 5 cessations. The latest: Aftab Ahmedali Nalwala ceased to be Managing Director on 25 Apr 2019.
12 earlier events are in the company report.
Frequently asked questions
Asmaco Industries has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Asmaco Industries was a public limited company based in Thane, Maharashtra, India. The company worked in packaging films and foils, within the packaging industry. It was incorporated on 17 May 1994 and is registered under CIN U25209MH1994PLC078436. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Asmaco Industries is U25209MH1994PLC078436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asmaco Industries was incorporated on 17 May 1994. It is registered with the Registrar of Companies, Mumbai.
Asmaco Industries can be reached through the website asmaco.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Asmaco Industries is at Asmaco House Plot No. B – 41 Road No. 27 Opp. I.T.I. Wagle Industri, Al Estate, Thane, Maharashtra, India – 400604.
The latest financial statements of Asmaco Industries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Asmaco Industries has 2 GST registrations on record and all of them are cancelled or inactive.
Asmaco Industries operated in the packaging industry, in the packaging films and foils segment.
Asmaco Industries has 28 court cases on record: 21 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.