About Astha Polymers Private Limited
Data last updated:
Astha Polymers Private Limited is a private limited company based in Hyderabad, Andhra Pradesh, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 26 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U25200AP2011PTC074695. Its GSTIN is 37AAJCA4857B1ZP (Andhra Pradesh). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Ramesh Pritwani and Rita Prithwani.
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. 85 Industrial Area Medchal, Hyderabad, Andhra Pradesh, India – 501401.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.38 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹25.86 Lakh (net margin 1.2%) and EBITDA of ₹1.67 Cr (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 17% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Astha Polymers. As per MCA filings, the company has open charges of ₹16.62 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asthapoly.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 85 Industrial Area Medchal, Hyderabad, Andhra Pradesh, India – 501401
- IndustryAgriculture, Agri Machinery & Equipment
- 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 Astha Polymers Private Limited
The main business activity of Astha Polymers is manufacturing. In detail, this covers manufacture of food products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products | 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 Astha Polymers Private Limited FY 2025 filings available
Astha Polymers Private Limited reported revenue of ₹21.38 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Astha Polymers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 32% fall in the latest year. EBITDA fell 2% 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 Astha Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.86 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 of Astha Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Astha Polymers 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 Astha Polymers Private Limited
Astha Polymers Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Farm Equipment, Polymers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devi Irrigation Systems Private Limited | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| Nadkarni Speciality Polymers and Coatings Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sri Anjaneya Polymers India Private Limited | •••• | •••• | •••• | •••• | 21 | Hyderabad, Telangana, India |
| Ashoka Polymers Private Limited | •••• | •••• | •••• | •••• | 75 | Muzaffarpur, Bihar, India |
| Rays Polymers Private Limited | •••• | •••• | •••• | •••• | 10 | Kanpur, Uttar Pradesh, India |
| Astha Polymers Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Andhra Pradesh, India |
| Satyawat Polymers Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Neelplast Polymers Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Albatross Polymers Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Varahi Polymers Private Limited | •••• | •••• | •••• | •••• | 16 | Vallabhiopur, Gujarat, India |
| Aerotech Eng. Works Private Limited | •••• | •••• | •••• | •••• | 24 | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Astha Polymers by revenue in the Agriculture industry (Farm Equipment, Polymers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Astha Polymers Private Limited
Astha Polymers Private Limited is audited by ADUKIA & ASSCOAITES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ADUKIA & ASSCOAITES | 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 Astha Polymers Private Limited
Astha Polymers has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Pritwani Also directs: Astha Profiles Private Limited | Director | 26 May 2011 | 15 Years 4 Months | Current |
| Rita Prithwani | Director | 26 May 2011 | 15 Years 4 Months | Current |
| Rajiv Pritwani | Director | 26 May 2011 | 15 Years 4 Months | Current |
| Rohit Pritwani | Director | 26 May 2011 | 15 Years 4 Months | Current |
Ownership and Shareholding of Astha Polymers 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 Astha Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2023 | Hdfc Bank Limited | ₹6.06 Lakh | Open |
| 27 Aug 2019 | Others | ₹8.97 Cr | Open |
| 29 Nov 2018 | Others | ₹5 Cr | Open |
| 27 Jan 2018 | Others | ₹1.35 Cr | Open |
| 26 Dec 2014 | Reliance Capital Ltd | ₹22.95 Lakh | Open |
Total charge records: 6 View all charges
Associated Brands with Astha Polymers Private Limited
Astha Polymers operates one associated brand: ASTHA POLYMERS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micro irrigation systems and agricultural equipment manufacturing in India. | asthapoly.com |
Employees and EPFO Compliance at Astha Polymers Private Limited
Astha Polymers Private Limited has a workforce of 17 employees as of Apr 08, 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.
Recent Activity on Astha Polymers Private Limited
Astha Polymers Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Rajiv Pritwani was appointed as Director on 26 May 2011.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Astha Polymers 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 Astha Polymers 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 Astha Polymers 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 Astha Polymers Private Limited
Astha Polymers has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCA4857B1ZP | Andhra Pradesh | Active | 01 Jul 2017 |
| 29AAJCA4857B1ZM | Karnataka | Active | 01 Jul 2017 |
| 36AAJCA4857B1ZR | Telangana | Active | 01 Jul 2017 |
| 21AAJCA4857B1Z2 | Odisha | Active | 13 Jul 2023 |
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 Astha Polymers 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 Astha Polymers Private Limited
Astha Polymers is an active private limited company based in Hyderabad, Andhra Pradesh, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 26 May 2011 (15+ years old) and is registered under CIN U25200AP2011PTC074695.
Astha Polymers reported revenue of ₹21.38 Cr for FY 2024 (down 32% YoY).
Astha Polymers has 4 current directors:
- Ramesh Pritwani - Director
- Rita Prithwani - Director
- Rajiv Pritwani - Director
- Rohit Pritwani - Director
Astha Polymers reported a net profit of ₹25.86 Lakh (net margin 1.2%) and EBITDA of ₹1.67 Cr (EBITDA margin 7.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Astha Polymers is -4% over three years and -17% over five years. In the latest year (FY 2024) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Astha Polymers is 37AAJCA4857B1ZP, registered in Andhra Pradesh. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAJCA4857B1ZM (Karnataka), 36AAJCA4857B1ZR (Telangana), 21AAJCA4857B1Z2 (Odisha).
The CIN (Corporate Identification Number) of Astha Polymers is U25200AP2011PTC074695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astha Polymers was incorporated on 26 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Astha Polymers by revenue are Devi Irrigation Systems Private Limited, Nadkarni Speciality Polymers and Coatings Private Limited, Sri Anjaneya Polymers India Private Limited, Ashoka Polymers Private Limited, Rays Polymers Private Limited and 5 more, all in the Agriculture industry (Farm Equipment, Polymers).
Rajiv Pritwani was appointed as Director on 26 May 2011. Ramesh Pritwani was appointed as Director on 26 May 2011. Rita Prithwani was appointed as Director on 26 May 2011. Astha Polymers has 4 board changes on record in total.
Astha Polymers can be reached through the website asthapoly.com. Its registered office is in Hyderabad, Andhra Pradesh, India.