About Aso Cement Ltd
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Aso Cement Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 24 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U26942WB1993PLC060801. Its GSTIN is 19AADCA2029F1Z1 (West Bengal).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.96 Cr. It is led by directors including Sandeep Agarwal and Amarchand Agarwal.
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 63/3 B Sarat Bose Road 2nd Floor, Kolkata, West Bengal, India – 700025.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.6 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹4.46 Cr (net margin 28.6%) and EBITDA of ₹5.45 Cr (EBITDA margin 35%). Revenue has grown at a compounded annual rate (CAGR) of 165% over three years and 22% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aso Cement. As per MCA filings, the company has open charges of ₹5.07 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aso-cement.jp.
Company details
Contact details
Aso Cement Ltd's registered office is in Kolkata, West Bengal. Its website is aso-cement.jp. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address63/3 B Sarat Bose Road 2nd Floor, Kolkata, West Bengal, India – 700025
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Aso Cement Ltd, 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
Aso Cement operates one associated brand: Aso Cement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive cement products and materials for construction projects. | aso-cement.jp |
Business activity
The main business activity of Aso Cement is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Aso Cement Ltd, buy the company report.
Financials of Aso Cement Ltd
FY 2024 filings availableAso Cement Ltd reported revenue of ₹15.6 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 32% growth in the latest year. EBITDA rose 425% 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 |
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| EBITDA | ₹5.45 Cr | ||||
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| Net Profit (PAT) | ₹4.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 35% | ||||
| Net Profit Margin | 28.6% | ||||
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To see the full financial statements and ratios of Aso Cement Ltd, buy the company report.
Board of directors of Aso Cement Ltd
Aso Cement has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Utpal Maity | Additional Director | 22 Mar 2009 | 17 Years 7 Months | Current |
| Sandeep Agarwal Also directs: Navyug Ispat Industries Limited, Mangal Deep Properties and Finance Pvt Ltd, Aso Polyfab Limited and 5 more | Director | 24 Nov 1993 | 32 Years 11 Months | Current |
| Amarchand Agarwal Also directs: Navyug Ispat Industries Limited, Mangal Deep Properties and Finance Pvt Ltd, Tirupati Vessel Private Limited and 5 more | Director | 24 Nov 1993 | 32 Years 11 Months | Current |
Auditor
Aso Cement Ltd is audited by Jagdish & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jagdish & Co. | FY 2022 | 317168E |
Shareholding
The shareholding of Aso Cement Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aso Cement Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2023 | 100711925 | Others | ₹47.41 Lakh | Open | |
| 18 Aug 2018 | 100197564 | Others | ₹4.41 Cr | Open | |
| 17 Mar 2008 | 10095290 | Ge Capital Transportation Financial Services Limited | ₹18.31 Lakh | Open | |
| 29 Nov 2019 | 100309264 | Others | ₹6.5 Cr | Satisfied |
To see the full charge records of Aso Cement Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Aso Cement Ltd has 12 court cases on record: 5 filed by Aso Cement, 7 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 6 | 2 |
| High courts | 5 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Ashish Singh Resolution Professional for M/S Vibrant Buildwell Private Limited | Disposed |
| High Court | Court case (APO) | Filed by the company against The Associated Cement Companies Ltd. | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Ashish Singh Resolution Professional for M/S Vibrant Buildwell Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Ashish Singh Resolution Professional for M/S Vibrant Buildwell Private Limited | Disposed |
| District court, Paschim Medinpur, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Aso Cement Ltd, 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 Aso Cement Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Aso Cement has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Aso Cement Ltd has a workforce of 27 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Aso Cement has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCA2029F1Z1 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aso Cement Ltd, buy the company report.
Recent activity
Aso Cement Ltd has 9 board changes on record since 1993: 3 appointments and 6 cessations. The latest: Dhruv Agarwal ceased to be Director on 30 Mar 2019.
5 earlier events are in the company report.
Frequently asked questions
Aso Cement is an active public limited company based in Kolkata, West Bengal, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 24 November 1993 (33+ years old) and is registered under CIN U26942WB1993PLC060801.
Aso Cement has 3 current directors:
- Utpal Maity - Additional Director
- Sandeep Agarwal - Director
- Amarchand Agarwal - Director
The latest financial statements of Aso Cement 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 Aso Cement is 19AADCA2029F1Z1, registered in West Bengal.
The CIN (Corporate Identification Number) of Aso Cement is U26942WB1993PLC060801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aso Cement has 12 court cases on record: 5 filed by the company and 7 filed against it. 2 are pending. Most are in the nclat.
Aso Cement was incorporated on 24 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
Dhruv Agarwal ceased to be Director on 30 Mar 2019. Priti Agarwal ceased to be Director on 30 Mar 2019. Sanjeev Agarwal ceased to be Whole-Time Director on 02 Jun 2014. Aso Cement has 9 board changes on record in total.
Aso Cement can be reached through the website aso-cement.jp. Its registered office is in Kolkata, West Bengal, India.
The registered office of Aso Cement is at 633 B Sarat Bose Road 2nd Floor, Kolkata, West Bengal, India – 700025.
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