About Aswati Plantations Private Limited
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Aswati Plantations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 12 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1992PTC013143. Its GSTIN is 32AABCA9793Q1ZZ (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹3.89 Cr. It was formerly known as Aswati Plantations Limited. It is led by directors including Issac Mathulla (Whole-Time Director) and Nakul Valiyezhuth Rajaram.
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 No.5 Ground Floor Barton Centre 84 M G Road Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.43 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹69.01 Lakh (net margin 15.6%) and EBITDA of ₹85.48 Lakh (EBITDA margin 19.3%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 10% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹7.53 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aswati.com.
Company details
Name history
Aswati Plantations has undergone 2 name changes throughout its history. The company was previously known as Aswati Plantations Private Limited, and Aswati Plantations Limited. The current legal name is Aswati Plantations Private Limited.
| Company Name | Status |
|---|---|
| Aswati Plantations Private Limited | Current |
| Aswati Plantations Limited | Previous |
CIN history
Aswati Plantations has one previous CIN (Corporate Identification Number): U85110KA1992PLC013143. The current CIN is U85110KA1992PTC013143, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1992PTC013143 | Current |
| U85110KA1992PLC013143 | Previous |
Contact details
Aswati Plantations Private Limited's registered office is in Bangalore, Karnataka. Its website is aswati.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.5 Ground Floor Barton Centre 84 M G Road Bangalore, Karnataka, India – 560001
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Aswati Plantations Private Limited, buy the company report.
- 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
Business activity
The main business activities of Aswati Plantations are agriculture, forestry, fishing and accommodation and food service. In detail, this covers production of crops and animals and accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals | |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Aswati Plantations Private Limited, buy the company report.
Financials of Aswati Plantations Private Limited
FY 2025 filings availableAswati Plantations Private Limited reported revenue of ₹4.43 Cr (up 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 37% growth in the latest year. EBITDA rose 485% 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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| EBITDA | ₹85.48 Lakh | ||||
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| Net Profit (PAT) | ₹69.01 Lakh | ||||
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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 | 19.3% | ||||
| Net Profit Margin | 15.6% | ||||
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To see the full financial statements and ratios of Aswati Plantations Private Limited, buy the company report.
Board of directors of Aswati Plantations Private Limited
Aswati Plantations has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nakul Valiyezhuth Rajaram Also directs: Aswati Inns Private Limited | Director | 26 Jun 2019 | 7 Years 4 Months | Current |
| Vishnu Valiyezhuth Rajaram | Director | 26 Jun 2019 | 7 Years 4 Months | Current |
| Rajesh Valiyezhuth Rajaram | Director | 26 Nov 1992 | 33 Years 11 Months | Current |
| Vijayalakshmi Rajaram | Director | 26 Nov 1992 | 33 Years 11 Months | Current |
| Issac Mathulla | Whole-Time Director | 23 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Aswati Plantations Private Limited is audited by S RAM & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S RAM & ASSOCIATES | FY 2019 | 002840S |
Shareholding
The shareholding of Aswati Plantations Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aswati Plantations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2020 | 100346706 | Indian Bank | ₹19 Lakh | Satisfied | |
| 30 Oct 2015 | 10601523 | Indian Bank | ₹28.13 Lakh | Satisfied | |
| 30 Oct 2015 | 10601526 | Indian Bank | ₹50 Lakh | Satisfied | |
| 06 Nov 2014 | 10535561 | Indian Bank | ₹50 Lakh | Satisfied | |
| 19 May 2005 | 90198601 | Indian Bank | ₹3.03 Cr | Satisfied |
To see the full charge records of Aswati Plantations Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Aswati Plantations Private Limited has 2 court cases on record: 2 filed by Aswati Plantations. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against Inspecting Asst.Commissioner | Disposed |
| High Court | Writ petition | Filed by the company against Inspecting Asst. Commissioner | Disposed |
To see the full case history of Aswati Plantations 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 Aswati Plantations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aswati Plantations has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCA9793Q1ZZ | Kerala | Active | 01 Jul 2017 |
| 32AABCA9793Q3ZX | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aswati Plantations Private Limited, buy the company report.
Recent activity
Aswati Plantations Private Limited has 12 board changes on record since 1992: 6 appointments and 6 cessations. The latest: Issac Mathulla was appointed as Whole-Time Director on 23 Jan 2026.
19 earlier events are in the company report.
Frequently asked questions
Aswati Plantations is an active private limited company based in Bangalore, Karnataka, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 12 May 1992 (34+ years old) and is registered under CIN U85110KA1992PTC013143.
Aswati Plantations has 5 current directors:
- Issac Mathulla - Whole-Time Director
- Nakul Valiyezhuth Rajaram - Director
- Vishnu Valiyezhuth Rajaram - Director
- Rajesh Valiyezhuth Rajaram - Director
- Vijayalakshmi Rajaram - Director
The latest financial statements of Aswati Plantations 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 Aswati Plantations is 32AABCA9793Q1ZZ, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCA9793Q3ZX (Kerala).
The CIN (Corporate Identification Number) of Aswati Plantations is U85110KA1992PTC013143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aswati Plantations has 2 court cases on record: 2 filed by the company.
Aswati Plantations was incorporated on 12 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Issac Mathulla was appointed as Whole-Time Director on 23 Jan 2026. Victor Bernard Dey ceased to be Director on 26 Dec 2025. Kumar Menon Ravindranath ceased to be Director on 10 Jan 2023. Aswati Plantations has 12 board changes on record in total.
Aswati Plantations can be reached through the website aswati.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Aswati Plantations is at No.5 Ground Floor Barton Centre 84 M G Road Bangalore, Karnataka, India – 560001.
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