About Asti Electronics India Private Limited
Data last updated:
Asti Electronics India Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Asti Corporation, Japan. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 19 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32109HR2004PTC035533. Its GSTIN is 06AAECA9724G1ZP (Haryana).
The company has an authorised share capital of ₹87 Cr and a paid-up capital of ₹84.1 Cr. It is led by directors including Mamoru Kuwahara (Managing Director) and Suguru Motobayashi.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 399 Sector – 8 Imt Manrsar, Gurgaon, Haryana, India – 122050.
As per the financials filed for FY 2024, the company reported a revenue of ₹545.05 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹41.8 Cr (net margin 7.7%) and EBITDA of ₹40.96 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 12% over five years.
The company has about 508 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ASTI Electronics. As per MCA filings, the company has satisfied charges of ₹9.74 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹78.4 Cr; the latest was in December 2011. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 41 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astiindia.com.
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- TelephoneLocked
- Website
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- Registered AddressPlot No. 399 Sector – 8 Imt Manrsar, Gurgaon, Haryana, India – 122050
- IndustryAutomotive, Auto Parts & Components
- 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
Financials of Asti Electronics India Private Limited FY 2025 filings available
Asti Electronics India Private Limited reported revenue of ₹545.05 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asti Electronics India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 39% growth in the latest year. EBITDA rose 967% 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 Asti Electronics India 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 | ₹545.05 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹40.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41.8 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 Asti Electronics India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Asti Electronics India 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.
Auditor Details of Asti Electronics India Private Limited
Asti Electronics India Private Limited is audited by S.R. Batliboi & Co. Llp for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Co. Llp | 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 Asti Electronics India Private Limited
Asti Electronics India has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Susumu Watanabe | Additional Director | 18 Dec 2025 | 0 Years 9 Months | Current |
| Suguru Motobayashi | Director | 10 Jun 2022 | 4 Years 4 Months | Current |
| Mamoru Kuwahara | Managing Director | 06 Mar 2024 | 2 Years 7 Months | Current |
| Atsuhiko Hatano Also directs: Asti India Private Limited | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Asti Electronics India 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 Asti Electronics India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2016 | Others | ₹2.75 Cr | Satisfied |
| 10 Jul 2016 | Others | ₹47.02 Lakh | Satisfied |
| 18 Apr 2016 | Others | ₹4.61 Cr | Satisfied |
| 01 Apr 2016 | Others | ₹1.9 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Asti Electronics India Private Limited
Asti Electronics India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹78.4 Cr; the latest was in December 2011.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: ASTI Corporation Japan Seller: Sumitomo Corporation Japan |
| Sep 2011 | Funding round | ₹27.52 Cr | Investors: ASTI Corporation Japan |
| Feb 2010 | Funding round | ₹31.58 Cr | Investors: ASTI Corporation Japan |
| Aug 2008 | Funding round | ₹19.3 Cr | Investors: ASTI Corporation Japan |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Asti Electronics India Private Limited
Asti Electronics India Private Limited has 7 court cases on record: 5 filed by Asti Electronics India, 2 filed against it. 1 case is pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Court case (TRAFFIC) | Filed against the company by State of Haryana | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against an individual | Disposed |
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 Asti Electronics India Private Limited
Asti Electronics India Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 41 overdue payments to 16 micro and small suppliers. 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 (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kripa Automation India Private Limited | •••• | •••• | •••• |
| Vision Automation & Robotic Solution | •••• | •••• | •••• |
| Maxim Smt Technologies Private Limited | •••• | •••• | •••• |
| Seeco Enterprises Private Limited | •••• | •••• | •••• |
| Besmak Components Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 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.
Associated Brands with Asti Electronics India Private Limited
Asti Electronics India operates one associated brand: ASTI Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies electronic components to OEMs. | astiindia.com |
Employees and EPFO Compliance at Asti Electronics India Private Limited
Asti Electronics India Private Limited has a workforce of 508 employees as of Mar 13, 2025.
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 Asti Electronics India Private Limited
Asti Electronics India Private Limited has 23 board changes on record since 2007: 4 appointments and 19 cessations. The latest: Susumu Watanabe was appointed as Additional Director on 18 Dec 2025.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asti Electronics India 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 Asti Electronics India 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 Asti Electronics India Private Limited
Asti Electronics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECA9724G1ZP | Haryana | Active | 01 Jul 2017 |
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 Asti Electronics India 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 Asti Electronics India Private Limited
Asti Electronics India is an active private limited company based in Gurgaon, Haryana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 19 November 2004 (22+ years old) and is registered under CIN U32109HR2004PTC035533.
Asti Electronics India reported revenue of ₹545.05 Cr for FY 2024 (up 39% YoY).
Asti Electronics India has 4 current directors:
- Mamoru Kuwahara - Managing Director
- Susumu Watanabe - Additional Director
- Suguru Motobayashi - Director
- Atsuhiko Hatano - Director
Asti Electronics India reported a net profit of ₹41.8 Cr (net margin 7.7%) and EBITDA of ₹40.96 Cr (EBITDA margin 7.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asti Electronics India is 26% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asti Electronics India is 06AAECA9724G1ZP, registered in Haryana.
The CIN (Corporate Identification Number) of Asti Electronics India is U32109HR2004PTC035533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asti Electronics India has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending.
Asti Electronics India was incorporated on 19 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Asti Electronics India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹78.4 Cr; the latest was in December 2011.
Susumu Watanabe was appointed as Additional Director on 18 Dec 2025. Mamoru Kuwahara ceased to be Additional Director on 28 Mar 2024. Mamoru Kuwahara was appointed as Managing Director on 06 Mar 2024. Asti Electronics India has 23 board changes on record in total.