Astarc Enterprises Private Limited

Astarc Enterprises Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45200MH1992PTC066612 Incorporated 30 April 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹4.57 Cr
▲ 37% YoY
Net loss · FY 2025
₹4.11 Cr
Net margin -89.9%
EBITDA · FY 2025
-₹2.27 Cr
EBITDA margin -49.6%
Authorised capital
₹3.3 Cr
Registered with MCA
Paid-up capital
₹56.36 Lakh
Issued & subscribed
Satisfied charges
₹35 Cr
No open charges
Company age
34 yrs
Est. 1992
Employees · EPFO
13
Provident fund records

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.

Its director Kishore Musale and family are #655 among India's richest people (2026).

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, including 7 filed against it; 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.

Company details

CIN U45200MH1992PTC066612
Registration Number 066612
Incorporation Date 30 April 1992
ROC Mumbai
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
Chhaya Kishore Musale Director Salil Kishore Musale Director Kishore Manohar Musale Director

Recognitions & Rankings of Astarc Enterprises

Contact details

Astarc Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its website is astarc.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    astarc.com
  • Registered Address
    Classic Stripes House 76/79 Makwana L Takpada Opp. Andheri – Kurla Road Marol, Andheri E, Mumbai, Maharashtra, India – 400059
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Astarc Enterprises Private Limited, buy the company report.

Comprehensive company report
Astarc Enterprises Private 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
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Business activity

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities
AAgriculture, forestry, fishingA4Support activities to agriculture and Other Activities including hunting

To see the full business activity and turnover split of Astarc Enterprises Private Limited, buy the company report.

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.

Revenue · FY 2025
₹4.57 Cr ▲ 37%
Net loss · FY 2025
₹4.11 Cr margin -89.9%
EBITDA · FY 2025
-₹2.27 Cr margin -49.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▼ 6%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▲ 16%
5 years · compounded
▼ 41%

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

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-₹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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

To see the full financial statements and ratios of Astarc Enterprises Private Limited, buy the company report.

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Chhaya Kishore Musale
Also directs: Bhoomi Mining Private Limited, Fame Farmatech Private Limited, Astarc Ports Private Limited and 5 more
Director29 Apr 200422 Years 6 MonthsCurrent
Salil Kishore Musale
Also directs: Farmhive Private Limited, Bhoomi Mining Private Limited, Naxnova Technologies Private Limited and 5 more
Director27 Sep 20215 Years 1 MonthsCurrent
Kishore Manohar Musale
Also directs: Farmhive Private Limited, Bhoomi Mining Private Limited, Durabuild Technologies Private Limited and 5 more
Director29 Apr 200422 Years 6 MonthsCurrent
View all directors

Auditor

Astarc Enterprises Private Limited is audited by J. G. Shah & Associates Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J. G. Shah & Associates Chartered AccountantsFY 2023107370

Shareholding

The shareholding of Astarc Enterprises Private 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 Astarc Enterprises Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹35 Cr
Breakdown by lending institutions
The Saraswat Co-Operative Bank Ltd₹35.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Apr 200610124430The Saraswat Co-Operative Bank Ltd₹35 CrSatisfied

To see the full charge records of Astarc Enterprises Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

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)

SupplierAmount dueDue sinceReported on
Sis Limited

To see the full MSME payment records of Astarc Enterprises Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

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.

53
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Plus Plantation Private LimitedU01100MH2008PTC178427
Arogyada Agro Private LimitedU01120MH2013PTC245461
Astarc Dairy Private LimitedU01212MH2007PTC176843
Square Agro Venture Private LimitedU01400MH2008PTC179171
Sonata Agro Private LimitedU01400MH2008PTC179186
Green Sky India Agro Private LimitedU01403MH2007PTC167608

To see the full group structure of Astarc Enterprises Private Limited, buy the company report.

Employees & EPFO

Astarc Enterprises Private Limited has a workforce of 13 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
-53.57%

GST

Astarc Enterprises has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACR6125L1Z8MaharashtraActive05 May 2018

To see the full GST registrations and return filing status of Astarc Enterprises Private Limited, buy the company report.

Recent activity

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.

AGM
Astarc Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Astarc Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Kishore Manohar Musale ceased to be Managing Director.
Appointed
Salil Kishore Musale was appointed as Director.
Ceased
Jitendra Bhaskar Thakare ceased to be Director.
Ceased
Kintu Kishore Bajaj ceased to be Additional Director.
Charges
A charge registered on 20 Apr 2006 via Charge ID 10124430 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 06 May 2011.
Charges
A charge with The Saraswat Co-Operative Bank Ltd of Rs. 35.00 Cr registered on 20 Apr 2006 with Charge ID 10124430 was modified on 28 May 2010.
Charges
A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 35.00 Cr with Charge ID 10124430 was registered on 20 Apr 2006.
Appointed
Chhaya Kishore Musale was appointed as Director.
Appointed
Kishore Manohar Musale was appointed as Director.
Incorporation
30 Apr 1992
Astarc Enterprises Private Limited was registered on 30 Apr 1992 with Roc Mumbai & aged 34 years 6 months as per MCA records.

News

Frequently asked questions

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 has 3 current directors:

The latest financial statements of Astarc Enterprises 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 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 filed against it. 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.

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.

Astarc Enterprises can be reached through the website astarc.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Astarc Enterprises is at Classic Stripes House 7679 Makwana L Takpada Opp. Andheri – Kurla Road Marol, Andheri E, Mumbai, Maharashtra, India – 400059.