MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0162392
Aswathy Heat Tech Private Limited
Aswathy Heat Tech Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.91 Cr
▼ 41% YoY
Net profit · FY 2024
₹4.5 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹13.46 Lakh
EBITDA margin 7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹56.5 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Aswathy Heat Tech Private Limited
Data last updated:
Aswathy Heat Tech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 07 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02914KA2005PTC036730. Its GSTIN is 29AAFCA6019B1Z0 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sumangala Ajikumar and Aswathy Ajikumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at M – 2 5th Cross 1st Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.91 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹4.5 Lakh (net margin 2.4%) and EBITDA of ₹13.46 Lakh (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹56.5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Aswathy Heat Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0162392). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U02914KA2005PTC036730
Registration Number 036730
Incorporation Date 07 July 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0162392
Recognitions & Rankings of Aswathy Heat Tech
Contact details
Aswathy Heat Tech Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressM – 2 5th Cross 1st Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Aswathy Heat Tech Private Limited, buy the company report.
Comprehensive company report
Aswathy Heat Tech 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 activity of Aswathy Heat Tech is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Aswathy Heat Tech Private Limited, buy the company report.
Financials of Aswathy Heat Tech Private Limited
FY 2024 filings availableAswathy Heat Tech Private Limited reported revenue of ₹1.91 Cr (down 41% YoY) for FY 2024.
Revenue · FY 2024
₹1.91 Cr ▼ 41%
Net profit · FY 2024
₹4.5 Lakh margin 2.4%
EBITDA · FY 2024
₹13.46 Lakh margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 12%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 11%
5 years · compounded
▼ 10%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 41% fall in the latest year. EBITDA fell 10% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹13.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.5 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Aswathy Heat Tech Private Limited, buy the company report.
Board of directors of Aswathy Heat Tech Private Limited
Aswathy Heat Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumangala Ajikumar | Director | 07 Jul 2005 | 21 Years 3 Months | Current |
| Aswathy Ajikumar | Director | 22 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Aswathy Heat Tech Private Limited is audited by K.R. AITHAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.R. AITHAL & CO | FY 2023 | 000060S |
Shareholding
The shareholding of Aswathy Heat Tech 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aswathy Heat Tech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹56.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2022 | 100624238 | Others | ₹50 Lakh | Open | |
| 13 Jan 2011 | 10264464 | Bank of India | ₹6.5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Aswathy Heat Tech Private Limited has 1 court case on record: 1 filed by Aswathy Heat Tech. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against The Proprietor M/S Southern Heat Treaters | Disposed |
To see the full case history of Aswathy Heat Tech Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Aswathy Heat Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aswathy Heat Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA6019B1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aswathy Heat Tech Private Limited, buy the company report.
Recent activity
Aswathy Heat Tech Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Aswathy Ajikumar ceased to be Additional Director on 29 Nov 2021.
AGM
Aswathy Heat Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aswathy Heat Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100624238 was registered on 30 Aug 2022.
Ceased
Aswathy Ajikumar ceased to be Additional Director.
Appointed
Aswathy Ajikumar was appointed as Director.
Ceased
Ajikumar Plathotathil Rajappan ceased to be Managing Director.
Ceased
Karakunnel Vasudevan Sibikumar ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 6.50 Lakh with Charge ID 10264464 was registered on 13 Jan 2011.
Appointed
Sumangala Ajikumar was appointed as Director.
Incorporation
07 Jul 2005
Aswathy Heat Tech Private Limited was registered on 07 Jul 2005 with Roc Bangalore & aged 21 years 3 months as per MCA records.
Frequently asked questions
Aswathy Heat Tech is an active private limited company based in Bangalore, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 07 July 2005 (21+ years old) and is registered under CIN U02914KA2005PTC036730.
Aswathy Heat Tech has 2 current directors:
- Sumangala Ajikumar - Director
- Aswathy Ajikumar - Director
The latest financial statements of Aswathy Heat Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aswathy Heat Tech is 29AAFCA6019B1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Aswathy Heat Tech is U02914KA2005PTC036730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aswathy Heat Tech has 1 court case on record: 1 filed by the company.
Aswathy Heat Tech was incorporated on 07 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Aswathy Ajikumar ceased to be Additional Director on 29 Nov 2021. Aswathy Ajikumar was appointed as Director on 22 Jun 2021. Ajikumar Plathotathil Rajappan ceased to be Managing Director on 11 May 2021. Aswathy Heat Tech has 5 board changes on record in total.
Yes, Aswathy Heat Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0162392).
The registered office of Aswathy Heat Tech is at M – 2 5th Cross 1st Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
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