About Aso Cement Ltd
Data last updated:
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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address63/3 B Sarat Bose Road 2nd Floor, Kolkata, West Bengal, India – 700025
- IndustryManufacturing, Cement & Cement Products
- 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
- One PDF report, delivered after checkout
Business Activity of Aso Cement Ltd
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aso Cement Ltd FY 2024 filings available
Aso Cement Ltd reported revenue of ₹15.6 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aso Cement Ltd
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 of Aso Cement Ltd
| 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 | ₹5.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.46 Cr | •••• | •••• | •••• | •••• |
| 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 of Aso Cement Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aso Cement are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aso Cement Ltd
Aso Cement Ltd is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eka Buildcon Private Limited | ₹15.66 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| CLKK Builders Private Limited | ₹15.64 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Sri Ganganagar, Rajasthan, India |
| Aadharshila Builders Pvt Ltd | ₹15.63 Cr (FY 2025) | •••• | •••• | 182.0% | •••• | Bilaspur, Chhattisgarh, India |
| B.N.Developers Private Limited | ₹15.63 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Kendrapara, Odisha, India |
| Enclave Hospitality Private Limited | ₹15.6 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Mumbai, Maharashtra, India |
| Aso Cement Ltd this company | ₹15.6 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Kolkata, West Bengal, India |
| Emerald Haven Maintenance Services Private Limited | ₹15.59 Cr (FY 2025) | •••• | •••• | 103.0% | •••• | Chennai, Tamil Nadu, India |
| Sivasankar Agencies Private Limited | ₹15.59 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Unimax Engineering Co Private Limited | ₹15.59 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Gurgaon, Haryana, India |
| Agvg Infratech Private Limited | ₹15.59 Cr (FY 2024) | •••• | •••• | 123.0% | •••• | Delhi, India |
| Kolay Properties Pvt Ltd | ₹15.59 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Aso Cement by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aso Cement Ltd
Aso Cement Ltd is audited by Jagdish & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jagdish & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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 6 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 10 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 10 Months | Current |
Ownership and Shareholding of Aso Cement Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aso Cement Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 2023 | Others | ₹47.41 Lakh | Open |
| 18 Aug 2018 | Others | ₹4.41 Cr | Open |
| 17 Mar 2008 | Ge Capital Transportation Financial Services Limited | ₹18.31 Lakh | Open |
| 29 Nov 2019 | Others | ₹6.5 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Aso Cement Ltd
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. Status as checked between 21 Sep 2026 and 03 Oct 2026.
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, New Delhi | Insolvency matter | Filed against the company by Vibrant Buildwell Private Limited | Disposed |
| Calcutta High Court | Court case (APO) | Filed by the company against Acc Limited | Disposed |
| 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, 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 |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Aso Cement Ltd
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 |
Employees and EPFO Compliance at Aso Cement Ltd
Aso Cement Ltd has a workforce of 27 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Aso Cement Ltd
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.
News related to Aso Cement Ltd
Recent Activity on Aso Cement Ltd
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aso Cement Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aso Cement Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aso Cement Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aso Cement Ltd
Aso Cement has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCA2029F1Z1 | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aso Cement Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aso Cement Ltd
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 reported revenue of ₹15.6 Cr for FY 2024 (up 32% YoY).
Aso Cement has 3 current directors:
- Utpal Maity - Additional Director
- Sandeep Agarwal - Director
- Amarchand Agarwal - Director
Aso Cement reported a net profit of ₹4.46 Cr (net margin 28.6%) and EBITDA of ₹5.45 Cr (EBITDA margin 35%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aso Cement is 165% over three years and 22% over five years. In the latest year (FY 2024) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Aso Cement by revenue are Eka Buildcon Private Limited, CLKK Builders Private Limited, Aadharshila Builders Pvt Ltd, B.N.Developers Private Limited, Enclave Hospitality Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
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.