Ishan International Limited

NSE: ISHAN
Ishan International Limited - engineering in Delhi, India. FY 2026 financials & compliance.
CIN L74899DL1995PLC069144 Incorporated 29 May 1995 ROC Delhi HQ Delhi, India
Active Listed - NSE: ISHAN Public Limited Company engineering MSME · Small
Market Cap
₹10.81 Cr
ISHAN-SM · NSE
Share Price
₹0.50
0.00% today
Revenue
₹35.70 Cr
FY 2022-23 · +69.0% YoY
EBITDA
₹1.25 Cr
Margin 3.5%
Net Profit
₹0.49 Cr
FY 2022-23 · -66.0% YoY
P/E (TTM)
26.5x
P/B 0.6x
ROE
3.5%
ROCE 6.1%
Debt / Equity
0.44
Interest cover 60.8x

About Ishan International Limited

Data last updated:

Ishan International Limited is a public limited company based in Delhi, India. It operates in the engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 29 May 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1995PLC069144. Its GSTIN is 07AABCI1933N1ZG (Delhi). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: ISHAN.

The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹21.62 Cr. It was formerly known as Ishan International Private Limited. It is led by directors including Shantanu Srivastava (Managing Director) and Neelam Gupta.

Its last annual general meeting (AGM) was held on 18 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 607 Chiranjiv Tower 43 Nehru Place, Delhi, India – 110019.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹26.89 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹40 Lakh (net margin 1.5%) and EBITDA of ₹52 Lakh (EBITDA margin 1.9%). The net worth stands at ₹22.99 Cr (up 1.9% YoY). Total assets are valued at ₹29.45 Cr (up 1.7% YoY).

The company has about 11 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Ishanglobal. As per MCA filings, the company has open charges of ₹10.12 Cr and satisfied charges of ₹6.93 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 4 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 ipo, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2022. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 2 micro and small suppliers.

Ishan International Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0002025). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ishanglobal.com.

Company details

CIN L74899DL1995PLC069144
Registration Number 069144
Incorporation Date 29 May 1995
ROC Delhi
Listing Status Listed (NSE: ISHAN)
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0002025

CIN history

Ishan International has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74899DL1995PLC069144, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74899DL1995PLC069144Current
U74899DL1995PTC069144Previous
U74899DL1995PLC069144Previous
Key People
Shantanu Srivastava Managing Director Neelam Gupta Director Vipin Ganpatrao Goje Director

Recognitions & Rankings of Ishan International

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-UP-28-0002025

Contact details

Ishan International Limited's registered office is in Delhi, Delhi. Its website is ishanglobal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ishanglobal.com
  • Social Media
  • Registered Address
    607 Chiranjiv Tower 43 Nehru Place, Delhi, India – 110019
  • Industry
    Engineering, Engineering, Procurement & Construction (EPC)

To see the full contact details of Ishan International Limited, buy the company report.

Comprehensive company report
Ishan International 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Ishan International operates one associated brand: Ishanglobal. Each brand links to its own profile.

BrandDescriptionWebsite
Ishanglobal
Industrial EPC services and machinery for projects are supplied.ishanglobal.com

Business activity

The main business activity of Ishan International is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Ishan International Limited, buy the company report.

Financials of Ishan International Limited

FY 2025-26 filings available

Ishan International Limited reported revenue of ₹26.89 Cr (down 63% YoY) for FY 2025-26.

Financial Highlights

FY 2022-23 · Consolidated
Revenue
₹35.70 Cr
+69.0% YoY
EBITDA
₹1.25 Cr
-41.3% YoY
Profit After Tax
₹0.49 Cr
-66.0% YoY
Net Worth
₹23.82 Cr
+284.2% YoY
Total Assets
₹28.94 Cr
+95.3% YoY
Total Debt
₹4.83 Cr
-43.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2022-23FY 2021-22
Income statement
Revenue35.7021.12
Revenue growth+69.0%-
EBITDA1.252.13
EBITDA margin+3.5%+10.1%
Profit before tax0.671.84
Net profit0.491.44
Net profit margin+1.4%+6.8%
EPS (₹)0.722.53
Balance sheet
Total assets28.9414.82
Net worth23.826.20
Total debt4.838.51
Cash & bank4.751.51
Net working capital22.6611.60
Cash flow
Cash from operations(9.51)(0.49)
Cash from investing(3.58)0.48
Cash from financing12.950.30
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue26.8972.6530.1335.7021.1222.2121.91
Revenue growth-63.0%+141.1%-15.6%+69.0%-4.9%+1.4%-
EBITDA0.520.100.221.312.130.630.16
EBITDA margin+1.9%+0.1%+0.7%+3.7%+10.1%+2.8%+0.7%
Profit before tax0.530.300.860.631.840.190.38
Net profit0.400.230.590.501.440.140.27
Net profit margin+1.5%+0.3%+2.0%+1.4%+6.8%+0.6%+1.2%
EPS (₹)0.020.010.030.722.531.132.13
Balance sheet
Total assets29.4528.9730.0428.9414.8212.2610.61
Net worth22.9922.5723.7023.826.204.974.81
Total debt6.116.076.034.838.517.305.80
Cash & bank2.992.834.844.751.511.201.89
Net working capital23.1822.0523.1522.6311.608.097.13
Cash flow
Cash from operations(0.06)(0.29)0.47(6.12)(0.49)(0.23)(0.32)
Cash from investing0.630.16(0.27)(3.58)0.480.19(0.01)
Cash from financing(0.42)(1.87)(0.12)12.950.30(0.65)0.36

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsFY 2022-23FY 2021-22
Revenue35.7021.12
Revenue growth+69.0%-
Other income0.250.63
Total expenses34.4518.99
Employee cost1.281.19
EBITDA1.252.13
EBITDA margin+3.5%+10.1%
Depreciation0.180.05
Interest0.650.87
Profit before tax0.671.84
Tax0.160.59
Net profit0.491.44
Net profit margin+1.4%+6.8%
EPS (₹)0.722.53
ParticularsFY 2022-23FY 2021-22
Equity & liabilities
Share capital7.214.93
Reserves & surplus16.611.27
Shareholders' funds (net worth)23.826.20
Minority interest0.000.00
Secured loans4.837.82
Unsecured loans0.000.69
Total debt4.838.51
Total liabilities28.9414.82
Assets
Gross block2.672.65
Net block1.461.62
Capital work in progress0.000.00
Investments4.340.84
Inventories0.130.02
Sundry debtors13.0711.88
Cash & bank balances4.751.51
Loans & advances10.915.06
Total current assets28.8618.47
Total current liabilities6.206.87
Net working capital22.6611.60
Total assets28.9414.82
ParticularsFY 2022-23FY 2021-22
Opening cash1.511.20
Net cash from operating activities(9.51)(0.49)
Net cash from investing activities(3.58)0.48
Net cash from financing activities12.950.30
Net change in cash(0.15)0.30
Closing cash4.751.51
ParticularsFY 2022-23FY 2021-22
Growth
Sales growth+69.0%-
EBITDA growth-41.3%-
PBT growth-63.6%+9997.0%
Net income growth-66.0%-
Profitability & leverage
Net income margin+1.4%+5.9%
Return on capital employed+6.1%+20.1%
Return on net worth+3.5%+23.1%
Debt / equity0.441.37
Long-term debt / equity0.070.21
Interest cover60.7541.83
Efficiency & per share
Fixed asset turnover13.427.97
Inventory turnover476.001,056.00
Debtors turnover2.861.78
EPS (₹)0.722.53
Dividend per share (₹)0.000.00
Book value per share (₹)33.0512.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue26.8972.6530.1335.7021.1222.2121.91
Revenue growth-63.0%+141.1%-15.6%+69.0%-4.9%+1.4%-
Other income0.810.901.390.220.630.500.81
Total expenses26.3772.5529.9134.3918.9921.5821.75
Employee cost0.002.082.191.281.192.172.46
EBITDA0.520.100.221.312.130.630.16
EBITDA margin+1.9%+0.1%+0.7%+3.7%+10.1%+2.8%+0.7%
Depreciation0.340.150.160.180.050.060.08
Interest0.460.550.590.720.870.880.51
Profit before tax0.530.300.860.631.840.190.38
Tax0.130.070.270.130.590.050.10
Net profit0.400.230.590.501.440.140.27
Net profit margin+1.5%+0.3%+2.0%+1.4%+6.8%+0.6%+1.2%
EPS (₹)0.020.010.030.722.531.132.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital21.6221.6221.627.214.931.341.34
Reserves & surplus1.370.952.0816.611.273.633.47
Shareholders' funds (net worth)22.9922.5723.7023.826.204.974.81
Secured loans6.116.076.034.837.827.305.80
Unsecured loans0.000.000.000.000.690.000.00
Total debt6.116.076.034.838.517.305.80
Total liabilities29.4528.9730.0428.9414.8212.2610.61
Assets
Gross block1.431.763.102.672.651.251.25
Net block1.431.761.731.461.620.160.22
Capital work in progress0.000.000.000.000.001.521.52
Investments4.434.594.564.340.841.081.04
Inventories0.380.390.370.130.020.020.00
Sundry debtors8.405.8114.3713.0711.885.295.86
Cash & bank balances2.992.834.844.751.511.201.89
Loans & advances16.2453.8171.7110.805.063.845.81
Total current assets28.0162.8491.2928.7518.4710.3513.56
Total current liabilities4.8340.7968.146.126.872.266.43
Net working capital23.1822.0523.1522.6311.608.097.13
Total assets29.4528.9730.0428.9414.8212.2610.61
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.834.844.751.511.201.891.87
Net cash from operating activities(0.06)(0.29)0.47(6.12)(0.49)(0.23)(0.32)
Net cash from investing activities0.630.16(0.27)(3.58)0.480.19(0.01)
Net cash from financing activities(0.42)(1.87)(0.12)12.950.30(0.65)0.36
Net change in cash0.15(2.00)0.083.250.30(0.69)0.02
Closing cash2.992.834.844.751.511.201.89
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-63.0%+141.1%-15.6%+69.0%-4.9%+1.4%-
EBITDA growth+420.0%-54.6%-83.2%-38.5%+238.1%+293.8%-
PBT growth+76.7%-65.1%+36.5%-65.8%+868.4%-50.0%+9997.0%
Net income growth+73.9%-61.0%+18.0%-65.3%+928.6%-48.2%-
Revenue CAGR (3Y)-9.0%+51.0%+10.7%+17.7%---
EBITDA CAGR (3Y)-26.5%-63.9%-29.6%+101.6%---
Profitability & leverage
Net income margin+1.5%+0.3%+2.0%+1.4%+5.9%+0.6%+1.3%
Return on capital employed-+2.8%+4.9%+6.3%+21.9%+9.4%+8.4%
Return on net worth-+0.9%+2.4%+3.5%+25.6%+3.1%+5.8%
Debt / equity-0.260.230.441.421.341.21
Long-term debt / equity-0.030.050.080.27-43,120.89-0.69
Interest cover255.56-1,100.00983.3363.7241.83154.39637.50
Efficiency & per share
Fixed asset turnover-22.7710.4413.4210.8317.7717.53
Inventory turnover-191.18120.52476.001,056.002,221.000.00
Debtors turnover-7.202.202.862.463.983.74
EPS (₹)0.020.010.030.722.531.132.13
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.001.041.1033.0512.5837.1135.99

To see the full year-wise statements and ratios of Ishan International Limited, buy the company report.

Board of directors of Ishan International Limited

Ishan International has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shantanu Srivastava
Also directs: Divineagro Farms Producer Company Limited, Divine Lotus Agrocart Private Limited, Pink Panther Productions Private Limited
Managing Director29 May 199531 Years 5 MonthsCurrent
Neelam Gupta
Also directs: Divineagro Farms Producer Company Limited, Divine Lotus Agrocart Private Limited, Pink Panther Productions Private Limited
Director15 Mar 20188 Years 7 MonthsCurrent
Vipin Ganpatrao GojeDirector07 Apr 20224 Years 7 MonthsCurrent
Salil SrivastavaDirector02 Sep 20251 Years 2 MonthsCurrent
Nadish Satyaprakash BhatiaDirector02 Jun 20233 Years 5 MonthsCurrent
View all directors

Auditor

Ishan International Limited is audited by HIREN BUCH ASSOCIATES for the financial year 2025.

Auditor firmFinancial yearFirm registration number
HIREN BUCH ASSOCIATESFY 2025116131W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 48.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 51.70%.

Promoters: 48.30%Retail & Others: 51.70%
Sep 2026
QUARTER
48.30% Promoters
51.70% Retail & Others
Promoter holding - history
Now 48.30% · Sep 2026High 49.30% · Jun 2026Low 48.30% · Dec 2025
47%48%49%50%51%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 48.30%Mar 2026: 48.30%Jun 2026: 49.30%Sep 2026: 48.30%49.30%48.30%48.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters48.30%49.30%48.30%48.30%
Public51.70%50.70%51.70%51.70%

Charges & borrowings

Open charges
₹10.12 Cr
Satisfied charges
₹6.93 Cr
Breakdown by lending institutions
Bank of India₹10.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 May 2026101377182Bank of India₹1.18 CrOpen
22 Sep 2023100794396Bank of India₹28 LakhOpen
17 Aug 2019100295088Bank of India₹4.45 LakhOpen
17 Oct 200810128614Bank of India₹8.61 CrOpen
02 Sep 201310449787Bank of India₹10 LakhSatisfied

To see the full charge records of Ishan International Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Ishan International Limited has 6 deals on record (4 secondary share transfers, 1 ipo, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2022.

Total deals
6
Secondary share transfers
4
IPO
1
Funding round
1
Disclosed funding
₹20 Lakh

Deals on record (5 of 6)

WhenDealAmountParties
Sep 2022IPO₹18.24 CrInvestors: Public Market Investors
Mar 2022Funding round₹20 LakhInvestors: 3 individuals
Dec 2021Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Sep 2015Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2012Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals

To see the full deal history of Ishan International Limited, buy the company report.

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

MSME payment delays

Ishan International Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Eurogear Asia Private Limited
Kristna Engineering Works

To see the full MSME payment records of Ishan International Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Ishan International has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
07AABCI1933N1ZGDelhiActive02 Nov 2017
09AABCI1933N1ZCUttar PradeshActive01 Jul 2017
26AABCI1933N1ZGDadra and Nagar Haveli and Daman and DiuActive21 Aug 2023

To see the full GST registrations and return filing status of Ishan International Limited, buy the company report.

Recent activity

Ishan International Limited has 9 board changes on record since 1995: 5 appointments and 4 cessations. The latest: Salil Srivastava was appointed as Director on 02 Sep 2025.

AGM
Ishan International Limited last Annual general meeting of members was held on 18 Sep 2026 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 1.18 Cr with Charge ID 101377182 was registered on 27 May 2026.
Filing
Ishan International Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Appointed
Salil Srivastava was appointed as Director.
Ceased
Mahesh Bhupathi ceased to be Director.
Charges
A charge registered on 29 May 2012 via Charge ID 10446061 with Icici Bank Limited was fully satisfied on 21 Dec 2024.
Charges
A charge with Bank Of India of Rs. 8.61 Cr registered on 17 Oct 2008 with Charge ID 10128614 was modified on 06 Apr 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.28 Cr with Charge ID 100794396 was registered on 22 Sep 2023.
Charges
A charge registered on 02 Sep 2013 via Charge ID 10449787 with Bank Of India was fully satisfied on 02 Jun 2023.
Charges
A charge registered on 17 Oct 2008 via Charge ID 10128617 with Bank Of India was fully satisfied on 02 Jun 2023.
Charges
A charge registered on 27 Sep 2002 via Charge ID 90054663 with Bank Of India was fully satisfied on 02 Jun 2023.
Appointed
Nadish Satyaprakash Bhatia was appointed as Director.

31 earlier events are in the company report.

Frequently asked questions

Ishan International is an active public limited company based in Delhi, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 29 May 1995 (31+ years old) and is registered under CIN L74899DL1995PLC069144. Listed on NSE: ISHAN.

Ishan International reported revenue of ₹26.89 Cr for FY 2025-26 (down 63% YoY) based on standalone financials.

Ishan International has 5 current directors:

The latest financial statements of Ishan International on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Ishan International is 07AABCI1933N1ZG, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AABCI1933N1ZC (Uttar Pradesh), 26AABCI1933N1ZG (Dadra and Nagar Haveli and Daman and Diu).

The CIN (Corporate Identification Number) of Ishan International is L74899DL1995PLC069144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ishan International is a listed company as per MCA records. Its shares are listed on NSE (symbol: ISHAN).

Ishan International has 13 court cases on record: 5 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.

Ishan International was incorporated on 29 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.

Ishan International has 6 deals on record (4 secondary share transfers, 1 ipo, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2022.

Salil Srivastava was appointed as Director on 02 Sep 2025. Mahesh Bhupathi ceased to be Director on 27 Jun 2025. Nadish Satyaprakash Bhatia was appointed as Director on 02 Jun 2023. Ishan International has 9 board changes on record in total.