Associated Strips Ltd.

Associated Strips Ltd. - automotive in Faridabad, Haryana, India. FY 2026 financials & compliance.
CIN U74899HR1971PLC047179 Incorporated 11 March 1971 ROC Haryana HQ Faridabad, Haryana, India
Active Public Limited Company automotive MSME · Micro
Data last updated
Revenue · FY 2025
₹1.64 Cr
▲ 160% YoY
Net profit · FY 2025
₹4.46 Lakh
Net margin 2.7%
EBITDA · FY 2025
₹19.42 Lakh
EBITDA margin 11.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45.25 Lakh
Issued & subscribed
Satisfied charges
₹8.42 Cr
No open charges
Company age
55 yrs
Est. 1971
Employees · EPFO
2
Provident fund records

About Associated Strips Ltd.

Data last updated:

Associated Strips Ltd. is a public limited company based in Faridabad, Haryana, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 11 March 1971 and has been in existence for over 55 years.

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74899HR1971PLC047179. Its GSTIN is 06AAACA0218K1Z5 (Haryana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.25 Lakh. It was formerly known as Associated Strips Pvt Ltd. It is led by directors including Hari Kishan Gupta and Parmod Gupta Kumar.

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 Plot No 81 Sector – 6, Faridabad, Haryana, India – 121006.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.46 Lakh (net margin 2.7%) and EBITDA of ₹19.42 Lakh (EBITDA margin 11.9%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 40% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹8.42 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.

Associated Strips Ltd. is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0001586). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74899HR1971PLC047179
Registration Number 047179
Incorporation Date 11 March 1971
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-03-0001586

CIN history

Associated Strips has one previous CIN (Corporate Identification Number): U74899DL1971PLC005561. The current CIN is U74899HR1971PLC047179, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74899HR1971PLC047179Current
U74899DL1971PLC005561Previous
Key People
Hari Kishan Gupta Director Parmod Gupta Kumar Director Pallavi Goel Director

Recognitions & Rankings of Associated Strips

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-HR-03-0001586

Contact details

Associated Strips Ltd.'s registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No 81 Sector – 6, Faridabad, Haryana, India – 121006
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Associated Strips Ltd., buy the company report.

Comprehensive company report
Associated Strips Ltd. - 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
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Business activity

The main business activity of Associated Strips is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Associated Strips Ltd., buy the company report.

Financials of Associated Strips Ltd.

FY 2025 filings available

Associated Strips Ltd. reported revenue of ₹1.64 Cr (up 160% YoY) for FY 2025.

Revenue · FY 2025
₹1.64 Cr ▲ 160%
Net profit · FY 2025
₹4.46 Lakh margin 2.7%
EBITDA · FY 2025
₹19.42 Lakh margin 11.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 160%
3 years · compounded
▼ 50%
5 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 40%
5 years · compounded
▼ 32%

Revenue rose 160% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. EBITDA rose 15% 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₹19.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.46 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.9%
Net Profit Margin2.7%
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 Associated Strips Ltd., buy the company report.

Board of directors of Associated Strips Ltd.

Associated Strips has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hari Kishan Gupta
Also directs: Drivewell Auto Private Limited, Shivem Leatherite Pvt Ltd, Javis Solutions Private Limited
Director16 Apr 201313 Years 6 MonthsCurrent
Parmod Gupta Kumar
Also directs: Drivewell Auto Private Limited, Shivem Leatherite Pvt Ltd, Javis Solutions Private Limited
Director16 Apr 201313 Years 6 MonthsCurrent
Pallavi Goel
Also directs: Durga Exhibitors LLP, Kabir Global Trading LLP, Kabir Recycler Industries Private Limited and 5 more
Director08 Jun 201610 Years 5 MonthsCurrent
View all directors

Auditor

Associated Strips Ltd. is audited by SUMER GARG & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SUMER GARG & COFY 2023002606N

Shareholding

The shareholding of Associated Strips Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

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

To see the full shareholding pattern of Associated Strips Ltd., buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹8.42 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹4.23 Cr
Canara Bank₹2.75 Cr
State Bank of India₹1.44 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 May 2018100178535Hdfc Bank Limited₹4.23 CrSatisfied
20 Sep 201310460005Canara Bank₹2.75 CrSatisfied
04 Oct 200090062073State Bank of India₹6 LakhSatisfied
24 Aug 199990061762State Bank of India₹1.38 CrSatisfied

To see the full charge records of Associated Strips Ltd., buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Associated Strips Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Associated Strips has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AAACA0218K1Z5HaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Associated Strips Ltd., buy the company report.

Recent activity

Associated Strips Ltd. has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Pallavi Goel ceased to be Additional Director on 30 Sep 2017.

AGM
Associated Strips Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Associated Strips Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Charges
A charge registered on 09 May 2018 via Charge ID 100178535 with Hdfc Bank Limited was fully satisfied on 11 Nov 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 423.26 Lakh registered on 09 May 2018 with Charge ID 100178535 was modified on 28 May 2022.
Charges
A charge registered on 20 Sep 2013 via Charge ID 10460005 with Canara Bank was fully satisfied on 23 May 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 423.26 Lakh with Charge ID 100178535 was registered on 09 May 2018.
Ceased
Pallavi Goel ceased to be Additional Director.
Ceased
Vipul Goel ceased to be Director.
Appointed
Pallavi Goel was appointed as Director.
Charges
A charge with Canara Bank of Rs. 275.00 Lakh registered on 20 Sep 2013 with Charge ID 10460005 was modified on 12 May 2016.
Charges
A charge with Canara Bank amounted to Rs. 275.00 Lakh with Charge ID 10460005 was registered on 20 Sep 2013.
Ceased
Ankur Agrawal ceased to be Director.

11 earlier events are in the company report.

Frequently asked questions

Associated Strips is an active public limited company based in Faridabad, Haryana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 11 March 1971 (55+ years old) and is registered under CIN U74899HR1971PLC047179.

Associated Strips has 3 current directors:

The latest financial statements of Associated Strips 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 Associated Strips is 06AAACA0218K1Z5, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Associated Strips is U74899HR1971PLC047179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Associated Strips has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the supreme court.

Associated Strips was incorporated on 11 March 1971, making it 55+ years old. It is registered with the Registrar of Companies, Haryana.

Pallavi Goel ceased to be Additional Director on 30 Sep 2017. Vipul Goel ceased to be Director on 10 Jun 2016. Pallavi Goel was appointed as Director on 08 Jun 2016. Associated Strips has 9 board changes on record in total.

Yes, Associated Strips is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-03-0001586).

The registered office of Associated Strips is at Plot No 81 Sector – 6, Faridabad, Haryana, India – 121006.