About Ashida
Ashida is an Energy & Utilities company based in India founded in 1970. Power protection relay manufacturing and substation automation services are provided in India. It operates in the Energy & Utilities and Technology sectors. The company has 383 employees. Its Indian entity Ashida Electronics Private Limited reported revenue of ₹251 Cr. Ashida offers products and services including Protection Relays and Substation Automation Systems. Its focus areas include Energy, Power Systems, Protection Relays and Substation Solutions.
Company details
Ashida Electronics is known for manufacturing relays and providing power protection solutions since its establishment in 1970. Over 100,000 relays are produced annually by the company, which is supported by a team of more than 750 employees focused on innovation and RD. Customized solutions for substation automation and smart grid applications are delivered globally, contributing to the modernization of electrical networks with an emphasis on safety and efficiency, while aligning with national initiatives like Make in India.
- Headquarters India
- Employees 383
- SectorsEnergy & UtilitiesTechnology
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- Legal Name Ashida Electronics Pvt Ltd
- Date of Incorporation 19 Sep, 1994
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹251 Cr
FY 2025 · +30% YoY
- Net Profit₹28.19 Cr
FY 2025 · 11% margin
- EBITDA₹47.89 Cr
FY 2025 · 19% margin
- Employee Count383
Associated legal entities of Ashida
Ashida operates through Ashida Electronics 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 |
|---|---|---|---|---|---|---|---|
| Ashida Electronics Private Limited CIN U21109MH1994PTC081216 | Active | 19 Sep 1994 | Thane, Maharashtra | ₹251 Cr | 383 | 5 | View details |
Products & Services of Ashida
Ashida offers a comprehensive portfolio of products and services, including Protection Relays and Substation Automation Systems.
Protection relays for power systems are manufactured to ensure safety and reliability in electrical networks.
Substation automation systems are supplied to facilitate monitoring and control in power distribution applications.
Board of directors of Ashida Electronics Private Limited (Ashida)
Ashida Electronics Private Limited is the primary company behind Ashida. The board of Ashida Electronics Private Limited currently have 5 directors; the longest-serving is Shrikrishna Dattatray Naik, appointed in 1994. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shrikrishna Dattatray Naik DIN 00226895 | Director | 19 Sep 1994 | 32 yrs 1 mo | Ashida Electronics Private Limited |
| Suyash Manohar Kulkarni DIN 00226992 | Director | 19 Sep 1994 | 32 yrs 1 mo | Ashida Electronics Private Limited |
| Sunil Pundalik Kulkarni DIN 00226958 | Director | 16 Jan 1995 | 31 yrs 9 mo | Ashida Electronics Private Limited |
| Ashalata Manohar Kulkarni DIN 00226851 | Managing Director | 16 Jan 1995 | 31 yrs 9 mo | Ashida Electronics Private Limited |
| Sujay Manohar Kulkarni DIN 00227027 | Director | 01 Feb 2000 | 26 yrs 8 mo | Ashida Electronics Private Limited |
Financials of Ashida
Figures of Ashida Electronics Private Limited, the primary company behind Ashida, for FY 2025. Revenue was ₹251 Cr (+30% year on year). Net profit was ₹28.19 Cr (11% margin). EBITDA was ₹47.89 Cr (19% margin). Revenue has grown at a compounded annual rate of +19% over three years and +12% over five years.
- ₹251 CrRevenue · FY 2025 · +30% YoY
- ₹28.19 CrNet profit · 11% margin
- ₹47.89 CrEBITDA · 19% margin
- ₹1.99 CrPaid-up capital
- 383Employees (provident fund records)
- +19%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ashida Electronics Private Limited are on its company page.
Detailed financial statements for Ashida
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Top companies in Energy Storage Systems
2 companies that operate in the same segment as Ashida (Energy Storage Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about Ashida
Ashida was founded in 1970.
Ashida is headquartered in India.
Ashida has 383 employees.
The primary company behind Ashida, Ashida Electronics Private Limited, reported revenue of ₹251 Cr for FY 2025, up 30% year on year.
Ashida Electronics is known for manufacturing relays and providing power protection solutions since its establishment in 1970. Over 100,000 relays are produced annually by the company, which is supported by a team of more than 750 employees focused on innovation and RD. Customized solutions for substation automation and smart grid applications are delivered globally, contributing to the modernization of electrical networks with an emphasis on safety and efficiency, while aligning with national initiatives like Make in India.
Ashida offers Protection Relays and Substation Automation Systems.
Ashida operates through Ashida Electronics Private Limited.
The legal entities of Ashida currently have 5 directors, including Shrikrishna Dattatray Naik, Sunil Pundalik Kulkarni, Suyash Manohar Kulkarni and others.