About Astarc Enterprises Private Limited
Data last updated:
Astarc Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 30 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1992PTC066612. Its GSTIN is 27AAACR6125L1Z8 (Maharashtra).
The company has an authorised share capital of ₹3.3 Cr and a paid-up capital of ₹56.36 Lakh. It was formerly known as Real Stone House Properties Private Limited. It is led by directors including Chhaya Kishore Musale and Salil Kishore Musale.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.57 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹4.11 Cr (net margin -89.9%) and EBITDA of -₹2.27 Cr (EBITDA margin -49.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 18% over five years.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 53 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹35 Cr on record. Court records list 7 cases involving the company; 7 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 astarc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressClassic Stripes House 76/79 Makwana L Takpada Opp. Andheri – Kurla Road Marol, Andheri E, Mumbai, Maharashtra, India – 400059
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Astarc Enterprises Private Limited
The main business activities of Astarc Enterprises are professional, scientific and technical and agriculture, forestry, fishing. In detail, this covers management consultancy activities and support activities to agriculture and other activities including hunting. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | 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 Astarc Enterprises Private Limited FY 2025 filings available
Astarc Enterprises Private Limited reported revenue of ₹4.57 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Astarc Enterprises Private Limited
Revenue rose 37% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA fell 66% 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 Astarc Enterprises Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹2.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.11 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 Astarc Enterprises Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -49.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -89.9% | •••• | •••• | •••• | •••• |
| 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 Astarc Enterprises 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 Astarc Enterprises Private Limited
Astarc Enterprises Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agri Services, Builders and Developers, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Live - in Value Estates Private Limited | ₹4.57 Cr (FY 2024) | •••• | •••• | 128.0% | •••• | Hyderabad, Telangana, India |
| Geetai Promoters Private Limited | ₹4.57 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Athem Facility Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Haryana, India |
| Triworld Builders and Developers Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| 3K Continuum (OPC) Private Limited | ₹4.57 Cr (FY 2024) | •••• | •••• | 423.0% | •••• | Chandigarh, India |
| Astarc Enterprises Private Limited this company | ₹4.57 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Pawanputra Hotels & Resorts Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Noida, Uttar Pradesh, India |
| Aarthsiddhi Services Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Pune, Maharashtra, India |
| News Real Estate Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Howrah, West Bengal, India |
| PMD Nowsolutions Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Palwal, Haryana, India |
| Intelsat India Private Limited | ₹4.57 Cr (FY 2021) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Astarc Enterprises by revenue in the Agriculture industry (Agri Services, Builders and Developers, Consulting Services), 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 Astarc Enterprises Private Limited
Astarc Enterprises Private Limited is audited by J. G. Shah & Associates Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. G. Shah & Associates Chartered Accountants | 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 Astarc Enterprises Private Limited
Astarc Enterprises has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhaya Kishore Musale Also directs: Bhoomi Mining Private Limited, Fame Farmatech Private Limited, Astarc Ports Private Limited and 5 more | Director | 29 Apr 2004 | 22 Years 5 Months | Current |
| Salil Kishore Musale Also directs: Farmhive Private Limited, Bhoomi Mining Private Limited, Naxnova Technologies Private Limited and 5 more | Director | 27 Sep 2021 | 5 Years 0 Months | Current |
| Kishore Manohar Musale Also directs: Farmhive Private Limited, Bhoomi Mining Private Limited, Durabuild Technologies Private Limited and 5 more | Director | 29 Apr 2004 | 22 Years 5 Months | Current |
Ownership and Shareholding of Astarc Enterprises Private Limited
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 Astarc Enterprises Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2006 | The Saraswat Co-Operative Bank Ltd | ₹35 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Astarc Enterprises Private Limited
Astarc Enterprises Private Limited has 7 court cases on record: 7 where it is another party. All cases are pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 7 |
Cases on record (1 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sindhudurg, Maharashtra | Court case (R.C.A.) | Company is another party | Pending |
Full case history
All 7 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.
MSME Payment Delays by Astarc Enterprises Private Limited
Astarc Enterprises Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sis Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Astarc Enterprises Private Limited
Astarc Enterprises Private Limited has a workforce of 13 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 Astarc Enterprises Private Limited
Astarc Enterprises has 53 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Plus Plantation Private Limited | U01100MH2008PTC178427 | Locked |
| Arogyada Agro Private Limited | U01120MH2013PTC245461 | Locked |
| Astarc Dairy Private Limited | U01212MH2007PTC176843 | Locked |
| Square Agro Venture Private Limited | U01400MH2008PTC179171 | Locked |
| Sonata Agro Private Limited | U01400MH2008PTC179186 | Locked |
| Green Sky India Agro Private Limited | U01403MH2007PTC167608 | Locked |
Showing major subsidiaries. Total: 53.
News related to Astarc Enterprises Private Limited
Recent Activity on Astarc Enterprises Private Limited
Astarc Enterprises Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Kishore Manohar Musale ceased to be Managing Director on 21 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Astarc Enterprises Private Limited
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.
Subsidiaries & Group Companies of Astarc Enterprises Private Limited
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 Astarc Enterprises Private Limited
Astarc Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR6125L1Z8 | Maharashtra | Active | 05 May 2018 |
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 Astarc Enterprises Private Limited
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 Astarc Enterprises Private Limited
Astarc Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 30 April 1992 (34+ years old) and is registered under CIN U45200MH1992PTC066612.
Astarc Enterprises reported revenue of ₹4.57 Cr for FY 2025 (up 37% YoY).
Astarc Enterprises has 3 current directors:
- Chhaya Kishore Musale - Director
- Salil Kishore Musale - Director
- Kishore Manohar Musale - Director
Astarc Enterprises reported a net loss of ₹4.11 Cr (net margin -89.9%) and EBITDA of -₹2.27 Cr (EBITDA margin -49.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Astarc Enterprises is -6% over three years and -18% over five years. In the latest year (FY 2025) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Astarc Enterprises is 27AAACR6125L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Astarc Enterprises is U45200MH1992PTC066612. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astarc Enterprises has 7 court cases on record. 7 are pending.
Astarc Enterprises was incorporated on 30 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Astarc Enterprises by revenue are Live - in Value Estates Private Limited, Geetai Promoters Private Limited, Athem Facility Private Limited, Triworld Builders and Developers Private Limited, 3K Continuum (OPC) Private Limited and 5 more, all in the Agriculture industry (Agri Services, Builders and Developers, Consulting Services).
Kishore Manohar Musale ceased to be Managing Director on 21 Oct 2021. Salil Kishore Musale was appointed as Director on 27 Sep 2021. Jitendra Bhaskar Thakare ceased to be Director on 16 Sep 2016. Astarc Enterprises has 6 board changes on record in total.
Astarc Enterprises has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 04 Jun 2019.