Astik Dyestuff Private Limited

Astik Dyestuff Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24110MH1988PTC049010 Incorporated 29 September 1988 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2025
₹94.96 Cr
▲ 17% YoY
Net profit · FY 2025
₹3.46 Cr
Net margin 3.6%
EBITDA · FY 2025
₹8.39 Cr
EBITDA margin 8.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹98 Lakh
Issued & subscribed
Open charges
₹32.23 Cr
Satisfied ₹1.2 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
61
Provident fund records

About Astik Dyestuff Private Limited

Data last updated:

Astik Dyestuff Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 29 September 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1988PTC049010. Its GSTIN is 27AAACA4154E2Z2 (Maharashtra). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹98 Lakh. It is led by directors including Ram Dugappa Ajekar (Managing Director) and Chandaya Bada Karkera (Whole-Time Director).

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 552 Solitaire Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹94.96 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.46 Cr (net margin 3.6%) and EBITDA of ₹8.39 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.

The company has about 61 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Astik. As per MCA filings, the company has open charges of ₹32.23 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 19 cases involving the company, including 12 filed by the company and 7 filed against it; 5 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2012.

Astik Dyestuff Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0003766). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astik.com.

Company details

CIN U24110MH1988PTC049010
Registration Number 049010
Incorporation Date 29 September 1988
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
MSME Classification Small
Udyam Registration UDYAM-GJ-06-0003766

CIN history

Astik Dyestuff has one previous CIN (Corporate Identification Number): U24110MH2004PTC049010. The current CIN is U24110MH1988PTC049010, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24110MH1988PTC049010Current
U24110MH2004PTC049010Previous
Key People
Ram Dugappa Ajekar Managing Director Chandaya Bada Karkera Whole-Time Director Sadashiv Bommayya Shetty Whole-Time Director

Recognitions & Rankings of Astik Dyestuff

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-06-0003766

Contact details

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

  • Email
  • Telephone
  • Website
    astik.com
  • Social Media
  • Registered Address
    552 Solitaire Corporate Park Building No. 5 5th Floor, Hargovindji Road, Mumbai, Maharashtra, India – 400093
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants

To see the full contact details of Astik Dyestuff Private Limited, buy the company report.

Comprehensive company report
Astik Dyestuff 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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Secure checkout · GST invoice included

Brands

Astik Dyestuff operates one associated brand: Astik. Each brand links to its own profile.

BrandDescriptionWebsite
Astik
Manufacturing and exporting of reactive dyes in India.astik.com

Business activity

The main business activity of Astik Dyestuff is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

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

Financials of Astik Dyestuff Private Limited

FY 2025 filings available

Astik Dyestuff Private Limited reported revenue of ₹94.96 Cr (up 17% YoY) for FY 2025.

Revenue · FY 2025
₹94.96 Cr ▲ 17%
Net profit · FY 2025
₹3.46 Cr margin 3.6%
EBITDA · FY 2025
₹8.39 Cr margin 8.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 5%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 3%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 17% growth in the latest year. EBITDA rose 12% 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₹8.39 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.46 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 Margin8.8%
Net Profit Margin3.6%
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 Astik Dyestuff Private Limited, buy the company report.

Board of directors of Astik Dyestuff Private Limited

Astik Dyestuff has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinitkumar Chandaya Karkera
Also directs: Shree Chakra Organics Private Limited
Director02 Jul 20242 Years 4 MonthsCurrent
Chandaya Bada KarkeraWhole-Time Director16 Dec 199134 Years 10 MonthsCurrent
Sadashiv Bommayya Shetty
Also directs: Shree Chakra Organics Private Limited
Whole-Time Director29 Sep 198838 Years 1 MonthsCurrent
Mithun Ram Ajekar
Also directs: Shree Chakra Organics Private Limited
Director14 Jan 201016 Years 9 MonthsCurrent
Ram Dugappa AjekarManaging Director16 Dec 199134 Years 10 MonthsCurrent
View all directors

Auditor

Astik Dyestuff Private Limited is audited by Shah Modi Katudia & Co. LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Shah Modi Katudia & Co. LLPFY 2022W100214

Shareholding

The shareholding of Astik Dyestuff Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Astik Dyestuff Private Limited, buy the company report.

Charges & borrowings

Open charges
₹32.23 Cr
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Others₹30.50 Cr
Bank of Baroda₹1.73 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Nov 2024101029152Others₹16 CrOpen
31 Mar 199790222747Bank of Baroda₹68.39 LakhOpen
06 Dec 199390222262Bank of Baroda₹45 LakhOpen
06 Dec 199390224459Bank of Baroda₹45 LakhOpen
12 Jul 199380044321Others₹14.5 CrOpen

To see the full charge records of Astik Dyestuff Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Astik Dyestuff Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2012.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2012Secondary share transferUndisclosedSeller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Astik Dyestuff Private Limited was last rated by Brickwork on 27 Nov 2019.

Rating agencyRated onRating
Brickwork27 Nov 2019

To see the full credit ratings and regulatory alerts of Astik Dyestuff Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Astik Dyestuff Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Astik Dyestuff Private Limited has a workforce of 61 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
61
Active EPFO establishments
1
Employee growth
-1.61%

GST

Astik Dyestuff has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACA4154E2Z2MaharashtraActive02 Aug 2017
24AAACA4154E1Z9GujaratActive01 Jul 2017
33AAACA4154E1ZATamil NaduActive02 May 2023

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

Recent activity

Astik Dyestuff Private Limited has 10 board changes on record since 1988: 5 appointments and 5 cessations. The latest: Vinitkumar Chandaya Karkera ceased to be Additional Director on 29 Sep 2024.

AGM
Astik Dyestuff Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 16.00 Cr registered on 27 Nov 2024 with Charge ID 101029152 was modified on 04 Jun 2025.
Filing
Astik Dyestuff Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 101029152 was registered on 27 Nov 2024.
Ceased
Vinitkumar Chandaya Karkera ceased to be Additional Director.
Appointed
Vinitkumar Chandaya Karkera was appointed as Director.
Charges
A charge with Others of Rs. 14.50 Cr registered on 12 Jul 1993 with Charge ID 80044321 was modified on 10 Sep 2018.
Ceased
Mithun Ram Ajekar ceased to be Additional Director.
Ceased
Chandaya Bada Karkera ceased to be Director.
Appointed
Mithun Ram Ajekar was appointed as Director.
Ceased
Ram Dugappa Ajekar ceased to be Director.
Ceased
Sadashiv Bommayya Shetty ceased to be Director.

15 earlier events are in the company report.

Frequently asked questions

Astik Dyestuff is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 29 September 1988 (38+ years old) and is registered under CIN U24110MH1988PTC049010.

Astik Dyestuff has 5 current directors:

The latest financial statements of Astik Dyestuff 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 Astik Dyestuff is 27AAACA4154E2Z2, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACA4154E1Z9 (Gujarat), 33AAACA4154E1ZA (Tamil Nadu).

The CIN (Corporate Identification Number) of Astik Dyestuff is U24110MH1988PTC049010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Astik Dyestuff has 19 court cases on record: 12 filed by the company and 7 filed against it. 5 are pending. Most are in the high courts.

Astik Dyestuff was incorporated on 29 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.

Astik Dyestuff has 1 deal on record (1 secondary share transfer); the latest was in March 2012.

Vinitkumar Chandaya Karkera ceased to be Additional Director on 29 Sep 2024. Vinitkumar Chandaya Karkera was appointed as Director on 02 Jul 2024. Mithun Ram Ajekar ceased to be Additional Director on 30 Sep 2010. Astik Dyestuff has 10 board changes on record in total.

Yes, Astik Dyestuff is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0003766).