Assets Care & Reconstruction Enterprise Limited

Assets Care & Reconstruction Enterprise Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U65993DL2002PLC115769 Incorporated 11 June 2002 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹273.48 Cr
▼ 20% YoY
Net profit · FY 2025
₹104.44 Cr
Net margin 38.2%
EBITDA · FY 2025
₹161.02 Cr
EBITDA margin 58.9%
Authorised capital
₹750 Cr
Registered with MCA
Paid-up capital
₹75.06 Cr
Issued & subscribed
Open charges
₹1,323.02 Cr
Satisfied ₹166.46 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
53
Provident fund records

About Assets Care & Reconstruction Enterprise Limited

Data last updated:

Assets Care & Reconstruction Enterprise Limited is a public limited company based in New Delhi, Delhi, India. It operates in the asset reconstruction firms segment of the financial services sector. It was incorporated on 11 June 2002 and has been in existence for over 24 years.

Its director Sunil Kumar Chaturvedi and Family is #1,545 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65993DL2002PLC115769. Its GSTIN is 07AAECA3175B1Z4 (Delhi). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹750 Cr and a paid-up capital of ₹75.06 Cr. It was formerly known as Assets Care Enterprise Limited. It is led by directors including Chandan Churiwal (Whole-Time Director) and Sunil Kumar Chaturvedi.

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 14th Floor Eros Corporate Tower, Nehru Place New Delhi – 110019, Delhi, India – 110019.

As per the financials filed for FY 2025, the company reported a revenue of ₹273.48 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹104.44 Cr (net margin 38.2%) and EBITDA of ₹161.02 Cr (EBITDA margin 58.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.

The company has about 53 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Assets Care & Reconstruction Enterprise. As per MCA filings, the company has open charges of ₹1,323.02 Cr and satisfied charges of ₹166.46 Cr on record. Court records list 795 cases involving the company, including 486 filed by the company and 315 filed against it; 276 cases are pending. The company has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹55.45 Cr; the latest was in March 2024. Its 9 peer companies in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities) are compared by revenue, 5 larger and 4 smaller; the largest is Pridhvi Asset Reconstruction and Securitisation Company Limited with revenue of ₹929.19 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 12 overdue payments to 3 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acreindia.in.

Company details

CIN U65993DL2002PLC115769
Registration Number 115769
Incorporation Date 11 June 2002
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Chandan Churiwal Whole-Time Director Manish Jain Nominee Director Sunil Kumar Chaturvedi Director

Recognitions & Rankings of Assets Care & Reconstruction Enterprise

Contact details

Assets Care & Reconstruction Enterprise Limited's registered office is in New Delhi, Delhi. Its website is acreindia.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    acreindia.in
  • Registered Address
    14th Floor Eros Corporate Tower, Nehru Place New Delhi – 110019, Delhi, India – 110019
  • Industry
    Financial Services, Asset Reconstruction Firms

To see the full contact details of Assets Care & Reconstruction Enterprise Limited, buy the company report.

Comprehensive company report
Assets Care & Reconstruction Enterprise 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Assets Care & Reconstruction Enterprise operates one associated brand: Assets Care & Reconstruction Enterprise. Each brand links to its own profile.

BrandDescriptionWebsite
Assets Care & Reconstruction Enterprise
Asset care and reconstruction services are provided to clients.acreindia.in

Business activity

The main business activity of Assets Care & Reconstruction Enterprise is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Assets Care & Reconstruction Enterprise Limited, buy the company report.

Financials of Assets Care & Reconstruction Enterprise Limited

FY 2025 filings available

Assets Care & Reconstruction Enterprise Limited reported revenue of ₹273.48 Cr (down 20% YoY) for FY 2025.

Revenue · FY 2025
₹273.48 Cr ▼ 20%
Net profit · FY 2025
₹104.44 Cr margin 38.2%
EBITDA · FY 2025
₹161.02 Cr margin 58.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 4%

Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 42% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹161.02 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹104.44 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin58.9%
Net Profit Margin38.2%
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 Assets Care & Reconstruction Enterprise Limited, buy the company report.

Board of directors of Assets Care & Reconstruction Enterprise Limited

Assets Care & Reconstruction Enterprise has 8 current directors and 38 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manish Jain
Also directs: Ares Management Asia (India) Private Limited
Nominee Director20 Aug 20206 Years 2 MonthsCurrent
Sunil Kumar Chaturvedi
Also directs: Vesuvius India Ltd, Til Limited, Parasea Coal Mine Project Private Limited and 5 more
Director04 Sep 20206 Years 1 MonthsCurrent
Pradip Panalal Shah
Also directs: Pfizer Limited, Basf India Limited, Bajaj Holdings & Investment Limited. and 5 more
Director20 Aug 20251 Years 2 MonthsCurrent
Subodh Kumar Jaiswal
Also directs: Siemens Energy India Limited, HDFC Life Insurance Company Limited, Highway Roop Precision Technologies Limited and 1 more
Director28 Apr 20251 Years 5 MonthsCurrent
Praveen Garg
Also directs: Ambuja Cements Limited, Lemon Tree Hotels Limited, Pranit Energy Private Limited and 1 more
Director17 Dec 20241 Years 10 MonthsCurrent
Kartik BangaloreNominee Director24 Feb 20251 Years 7 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Assets Care & Reconstruction Enterprise Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Pridhvi Asset Reconstruction and Securitisation Company Limited₹929.19 Cr (FY 2025)1013.0%Hyderabad, Telangana, India
Asset Reconstruction Company (India) Limited₹607.84 Cr (FY 2025)0.0%Mumbai, Maharashtra, India
Aditya Birla Arc Limited₹473.32 Cr (FY 2025)165.0%Mumbai, Maharashtra, India
Phoenix Arc Private Limited₹443.83 Cr (FY 2025)-17.0%Mumbai, Maharashtra, India
National Asset Reconstruction Company Limited₹441 Cr (FY 2025)42.0%Mumbai, Maharashtra, India
Assets Care & Reconstruction Enterprise Limitedthis company₹273.48 Cr (FY 2025)₹104.44 Cr38.2%-20.0%53New Delhi, Delhi, India
Suraksha Asset Reconstruction Limited₹258.07 Cr (FY 2025)127.0%Mumbai, Maharashtra, India
Omkara Assets Reconstruction Private Limited₹243.2 Cr (FY 2024)20.0%Tirupur, Tamil Nadu, India
Prudent Arc Limited₹234.63 Cr (FY 2025)405.0%New Delhi, Delhi, India
Asrec (India) Limited₹103.9 Cr (FY 2025)33.0%Andheri Kurla Road, Maharashtra, India

To see the full peer comparison of Assets Care & Reconstruction Enterprise Limited, buy the company report.

Auditor

Assets Care & Reconstruction Enterprise Limited is audited by S S Kothari Mehta and Company for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S S Kothari Mehta and CompanyFY 2023000756N

Shareholding

The shareholding of Assets Care & Reconstruction Enterprise Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Assets Care & Reconstruction Enterprise Limited, buy the company report.

Charges & borrowings

Open charges
₹1,323.02 Cr
Satisfied charges
₹166.46 Cr
Breakdown by lending institutions
Others₹1,263.02 Cr
Axis Trustee Services Limited₹60.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Sep 2025101159656Others₹62.5 CrOpen
03 May 2024100920918Others₹20 CrOpen
28 Mar 2024100896413Others₹50 CrOpen
20 Mar 2020100380535Others₹19.12 CrOpen
12 Sep 2019100288406Others₹30 CrOpen

To see the full charge records of Assets Care & Reconstruction Enterprise Limited, buy the company report.

Total charge records: 29 View all charges

Deals & funding

Assets Care & Reconstruction Enterprise Limited has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹55.45 Cr; the latest was in March 2024.

Total deals
10
Secondary share transfers
6
Funding rounds
2
Rights issues
2
Disclosed funding
₹55.45 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Kantilal Chhaganlal Securities Private Limited , Zinnia Global Fund, an individual
Seller: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: Anantroop Financial Advisory Services Private Limited , an individual
Seller: Raas Consulting Private Limited , an individual
Mar 2019Secondary share transferUndisclosedBuyer: Raas Consulting Private Limited , 3 individuals
Seller: 3 individuals
Feb 2019Rights issue₹70.77 CrInvestors: Ares SSG Capital Management, Axis Bank Limited , 2 individuals
Mar 2017Secondary share transferUndisclosedBuyer: Axis Bank Limited , an individual
Seller: Ifci Limited , an individual

To see the full deal history of Assets Care & Reconstruction Enterprise Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Assets Care & Reconstruction Enterprise Limited was last rated by Brickwork on 14 Dec 2021.

Rating agencyRated onRating
Brickwork14 Dec 2021

To see the full credit ratings and regulatory alerts of Assets Care & Reconstruction Enterprise Limited, buy the company report.

MSME payment delays

Assets Care & Reconstruction Enterprise Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 12 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
an individual supplier
Probe Information Services Private Limited
an individual supplier

To see the full MSME payment records of Assets Care & Reconstruction Enterprise Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Assets Care & Reconstruction Enterprise Limited has a workforce of 53 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
53
Active EPFO establishments
1
Employee growth
10.42%

GST

Assets Care & Reconstruction Enterprise has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAECA3175B1Z4DelhiActive01 Jul 2017
07AAECA3175B2Z3DelhiActive28 Mar 2025
27AAECA3175B2Z1MaharashtraActive27 Sep 2019

To see the full GST registrations and return filing status of Assets Care & Reconstruction Enterprise Limited, buy the company report.

Recent activity

Assets Care & Reconstruction Enterprise Limited has 81 board changes on record since 2003: 44 appointments and 37 cessations. The latest: Amrendra Prasad Choudhary ceased to be Director on 03 Sep 2025.

AGM
Assets Care & Reconstruction Enterprise Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 62.50 Cr with Charge ID 101159656 was registered on 11 Sep 2025.
Ceased
Amrendra Prasad Choudhary ceased to be Director.
Appointed
Pradip Panalal Shah was appointed as Director.
Appointed
Subodh Kumar Jaiswal was appointed as Director.
Charges
A charge registered on 29 Mar 2022 via Charge ID 100569507 with Others was fully satisfied on 24 Apr 2025.
Filing
Assets Care & Reconstruction Enterprise Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Kartik Bangalore was appointed as Nominee Director.
Appointed
Praveen Garg was appointed as Director.
Ceased
Anil Chandanmal Singhvi ceased to be Director.
Ceased
Prashant Ramrao Joshi ceased to be Director.
Ceased
Vivek Mundra ceased to be Director.

111 earlier events are in the company report.

News

Frequently asked questions

Assets Care & Reconstruction Enterprise is an active public limited company based in New Delhi, Delhi, India. The company works in asset reconstruction firms, within the financial services industry. It was incorporated on 11 June 2002 (24+ years old) and is registered under CIN U65993DL2002PLC115769.

Assets Care & Reconstruction Enterprise has 8 current directors:

The latest financial statements of Assets Care & Reconstruction Enterprise 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 Assets Care & Reconstruction Enterprise is 07AAECA3175B1Z4, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAECA3175B2Z3 (Delhi), 27AAECA3175B2Z1 (Maharashtra).

The CIN (Corporate Identification Number) of Assets Care & Reconstruction Enterprise is U65993DL2002PLC115769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Assets Care & Reconstruction Enterprise has 795 court cases on record: 486 filed by the company and 315 filed against it. 276 are pending. Most are in the district courts.

Assets Care & Reconstruction Enterprise was incorporated on 11 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.

Assets Care & Reconstruction Enterprise has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹55.45 Cr; the latest was in March 2024.

The peers of Assets Care & Reconstruction Enterprise by revenue are Pridhvi Asset Reconstruction and Securitisation Company Limited, Asset Reconstruction Company (India) Limited, Aditya Birla Arc Limited, Phoenix Arc Private Limited, National Asset Reconstruction Company Limited and 4 more, all in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities).

Amrendra Prasad Choudhary ceased to be Director on 03 Sep 2025. Pradip Panalal Shah was appointed as Director on 20 Aug 2025. Subodh Kumar Jaiswal was appointed as Director on 28 Apr 2025. Assets Care & Reconstruction Enterprise has 81 board changes on record in total.

Assets Care & Reconstruction Enterprise has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 12 overdue payments to 3 micro and small suppliers. The latest return was filed on 31 Oct 2021.

Assets Care & Reconstruction Enterprise can be reached through the website acreindia.in. Its registered office is in New Delhi, Delhi, India.