About Asawa
Asawa is an Industrial Goods & Manufacturing company based in Navi Mumbai (India) founded in 2010. Manufacturing of Pre-Insulated Panels and accessories for HVAC and insulation applications. The company has 210 employees. Its Indian entity Asawa Insulation Private Limited reported revenue of ₹147 Cr. Asawa offers products and services including Smart PIR Panels and Smart Metal Ducts. Its focus areas include Manufacturing, Industrial Supplies, Metal Fabrication and Ducts and Trays.
Company details
Asawa Insulation Pvt. Ltd. is recognized as the first company in India to manufacture Pre-Insulated Panels (PIR) and related accessories under the brand name Smart Panels. These products are offered for HVAC ducting, underdeck and overdeck insulation, false ceilings, and cavity wall insulation. The company operates a state-of-the-art facility in Mumbai with an annual capacity of 1,500,000 square meters, providing complete solutions that include supply, fabrication, installation, and after-sales services. Environmental consciousness is emphasized in the production process to ensure energy efficiency and reduced pollution.
- Headquarters Navi Mumbai, India
- Employees 210
- SectorsIndustrial Goods & Manufacturing
- Legal Name Asawa Insulation Pvt. Ltd
- Date of Incorporation 12 Mar, 2010
- Annual Revenue₹147 Cr
FY 2025 · +6% YoY
- Net Profit₹7.52 Cr
FY 2025 · 5% margin
- EBITDA₹17.07 Cr
FY 2025 · 12% margin
- Employee Count210
Associated legal entities of Asawa
Asawa operates through Asawa Insulation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asawa Insulation Private Limited CIN U74900MH2010PTC200851 | Active | 12 Mar 2010 | Navi Mumbai, Maharashtra | ₹147 Cr | 210 | 3 | View details |
Products & Services of Asawa
Asawa offers a comprehensive portfolio of products and services, including Smart PIR Panels and Smart Metal Ducts.
Pre-Insulated Panels are utilized for HVAC ducting, underdeck insulation, and false ceiling applications.
Metal ducts are employed in ventilation systems and are fabricated to meet project requirements.
Board of directors of Asawa Insulation Private Limited (Asawa)
Asawa Insulation Private Limited is the primary company behind Asawa. The board of Asawa Insulation Private Limited currently have 3 directors; the longest-serving is Shyamsunder Balchand Asawa, appointed in 2010.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shyamsunder Balchand Asawa DIN 02914397 | Director | 12 Mar 2010 | 16 yrs 7 mo | Asawa Insulation Private Limited |
| Manish Asawa DIN 02914374 | Director | 12 Mar 2010 | 16 yrs 7 mo | Asawa Insulation Private Limited |
| Raj Kumari Asawa DIN 02920406 | Director | 12 Mar 2010 | 16 yrs 7 mo | Asawa Insulation Private Limited |
People of Asawa
6 people are tracked at Asawa (2 in leadership, 4 in team); the tracked headcount is 210.
| Name | Role | Group |
|---|---|---|
Parveen Dhingra | Head - Sales & Marketing ( PAN India) | Leadership |
| Director | Leadership | |
Sonu Lal | Manager - Sales & Marketing | Team |
Ganesh Raskar | Sr. Manager Sales And Marketing | Team |
Maseehullah Khan | Business Development Manager (north India) | Team |
Surbhi Kannojwar | Senior Human Resources Generalist | Team |
Complete people profiles for Asawa
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Financials of Asawa
Figures of Asawa Insulation Private Limited, the primary company behind Asawa, for FY 2025. Revenue was ₹147 Cr (+6% year on year). Net profit was ₹7.52 Cr (5% margin). EBITDA was ₹17.07 Cr (12% margin). Revenue has grown at a compounded annual rate of +23% over three years and +25% over five years.
- ₹147 CrRevenue · FY 2025 · +6% YoY
- ₹7.52 CrNet profit · 5% margin
- ₹17.07 CrEBITDA · 12% margin
- ₹41.7 LakhPaid-up capital
- 210Employees (provident fund records)
- +23%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Asawa Insulation Private Limited are on its company page.
Detailed financial statements for Asawa
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Top companies in Metals & Minerals
3 companies that operate in the same segment as Asawa (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 20.78 B | 78,760 |
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Frequently Asked Questions about Asawa
Asawa was founded in 2010.
Asawa is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Asawa has 210 employees.
The primary company behind Asawa, Asawa Insulation Private Limited, reported revenue of ₹147 Cr for FY 2025, up 6% year on year.
Asawa Insulation Pvt. Ltd. is recognized as the first company in India to manufacture Pre-Insulated Panels (PIR) and related accessories under the brand name Smart Panels. These products are offered for HVAC ducting, underdeck and overdeck insulation, false ceilings, and cavity wall insulation. The company operates a state-of-the-art facility in Mumbai with an annual capacity of 1,500,000 square meters, providing complete solutions that include supply, fabrication, installation, and after-sales services. Environmental consciousness is emphasized in the production process to ensure energy efficiency and reduced pollution.
Asawa offers Smart PIR Panels and Smart Metal Ducts.
Asawa operates through Asawa Insulation Private Limited.
The legal entities of Asawa currently have 3 directors, including Shyamsunder Balchand Asawa, Manish Asawa, Raj Kumari Asawa.