About Astarc Power Private Limited
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Astarc Power Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 17 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U11100MH2007PTC176853. Its GSTIN is 27AAGCA7659G1ZD (Maharashtra).
The company has an authorised share capital of ₹29 Cr and a paid-up capital of ₹28.5 Cr. It was formerly known as Astarc Natural Resources Private Limited. It is led by directors Salil Kishore Musale and Sameer Kishore Musale.
Its last annual general meeting (AGM) was held on 26 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 ₹1.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 76.8%) and EBITDA of ₹1.27 Cr (EBITDA margin 93.7%). Revenue has grown at a compounded annual rate (CAGR) of 870% over three years.
Its group structure includes 1 subsidiary.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is 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 AddressAstarc House 76/79 Makwana Lane Takpada Off. Andheri Kurla Road Marol Andheri, (E), Mumbai, Maharashtra, India – 400059
- IndustryEnergy and Power, Power Transmission & Distribution Services
- 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 Power Private Limited
The main business activity of Astarc Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | 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 Power Private Limited FY 2025 filings available
Astarc Power Private Limited reported revenue of ₹1.36 Cr (up 9280% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Astarc Power Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 870% over three years. EBITDA rose 704% 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 Power 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 | ₹1.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.04 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 Power Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 76.8% | •••• | •••• | •••• | •••• |
| 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 Power 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 Power Private Limited
Astarc Power Private Limited is compared with the companies closest to it by revenue in the Power industry (Transmission and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fiysun Energy Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Solapur, Maharashtra, India |
| Burnish Solar Power Private Limited | ₹1.4 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Athenese Energy Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| GTB Global Powers Private Limited | ₹1.37 Cr (FY 2025) | •••• | •••• | 557.0% | •••• | Chennai, Tamil Nadu, India |
| Scald Energy Private Limited | ₹1.36 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Astarc Power Private Limited this company | ₹1.36 Cr (FY 2025) | •••• | •••• | 9280.0% | •••• | Mumbai, Maharashtra, India |
| Cynosure Renewable Energy Private Limited | ₹1.36 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Nadia, West Bengal, India |
| Advik Renewable Energy Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Pune, Maharashtra, India |
| Varuna Energy & Water Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Puducherry, India |
| Vca Power Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | •••• | Guruharsahai, Punjab, India | |
| Codegreen Energy Private Limited | ₹1.34 Cr (FY 2022) | •••• | •••• | 15.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Astarc Power by revenue in the Power industry (Transmission and Distribution), 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 Power Private Limited
Astarc Power Private Limited is audited by RIBADIYA & VEKARIYA for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RIBADIYA & VEKARIYA | 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 Power Private Limited
Astarc Power has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salil Kishore Musale Also directs: Grow-Hive Advisors LLP, Oceanview Capital I Advisors LLP, Oceanview Ventures LLP and 5 more | Director | 12 Nov 2021 | 4 Years 10 Months | Current |
| Sameer Kishore Musale Also directs: Farmhive Private Limited, Naxnova Future Technologies Private Limited, Naxnova Technologies Private Limited and 5 more | Director | 02 Feb 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Astarc Power 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 Power Private Limited
Astarc Power Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Astarc Power Private Limited
Astarc Power Private Limited has 2 court cases on record: 2 filed by Astarc Power. 1 case is pending and 1 is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (R.C.A.) | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed by the company against an individual | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Astarc Power Private Limited
Employment history and EPFO contributions of people linked to Astarc Power.
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 Power Private Limited
Astarc Power has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mist Knowledge Park Private Limited | U93000MH2007PTC176199 | Locked |
Showing major subsidiaries. Total: 1.
News related to Astarc Power Private Limited
Recent Activity on Astarc Power Private Limited
Astarc Power Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Chhaya Kishore Musale ceased to be Director on 13 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Astarc Power 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.
MSME Payment Delays by Astarc Power Private Limited
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 Astarc Power 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 Power Private Limited
Astarc Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA7659G1ZD | Maharashtra | Active | 25 May 2021 |
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 Power 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 Power Private Limited
Astarc Power is an active private limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 17 December 2007 (19+ years old) and is registered under CIN U11100MH2007PTC176853.
Astarc Power reported revenue of ₹1.36 Cr for FY 2025 (up 9280% YoY).
Astarc Power has 2 current directors:
- Salil Kishore Musale - Director
- Sameer Kishore Musale - Director
Astarc Power reported a net profit of ₹1.04 Cr (net margin 76.8%) and EBITDA of ₹1.27 Cr (EBITDA margin 93.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Astarc Power is 870% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Astarc Power is 27AAGCA7659G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Astarc Power is U11100MH2007PTC176853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astarc Power has 2 court cases on record: 2 filed by the company. 1 is pending.
Astarc Power was incorporated on 17 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Astarc Power by revenue are Fiysun Energy Private Limited, Burnish Solar Power Private Limited, Athenese Energy Private Limited, GTB Global Powers Private Limited, Scald Energy Private Limited and 5 more, all in the Power industry (Transmission and Distribution).
Chhaya Kishore Musale ceased to be Director on 13 Nov 2021. Kishore Manohar Musale ceased to be Director on 13 Nov 2021. Salil Kishore Musale was appointed as Director on 12 Nov 2021. Astarc Power has 7 board changes on record in total.