MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UK-06-0005589
Ashbee Systems Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.64 Cr
▼ 14% YoY
Net profit · FY 2025
₹2.81 Cr
Net margin 7.7%
EBITDA · FY 2025
₹5.72 Cr
EBITDA margin 15.6%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.2 Cr
Issued & subscribed
Open charges
₹99 Lakh
Satisfied ₹6.02 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
121
Provident fund records
About Ashbee Systems Limited
Data last updated:
Ashbee Systems Limited is a public limited company based in New Delhi, Delhi, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 July 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110DL1981PLC011961. Its GSTIN is 05AAACA0032B1ZU (Uttarakhand). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.2 Cr. It was formerly known as Ashbee Systems Pvt Ltd. It is led by directors including Ashish Bhutani (Managing Director) and Anoop Kumar Srivastava.
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 D – 65 Ground Floor Defence Colony, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.64 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.81 Cr (net margin 7.7%) and EBITDA of ₹5.72 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 21% over five years.
The company has about 121 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ashbee and Stashbee. As per MCA filings, the company has open charges of ₹99 Lakh and satisfied charges of ₹6.02 Cr on record. Court records list 31 cases involving the company, including 26 filed by the company and 5 filed against it; 8 cases are pending.
Ashbee Systems Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-06-0005589). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashbee.com.
Company Details of Ashbee Systems Limited
CIN U74110DL1981PLC011961
Registration Number 011961
Incorporation Date 03 July 1981
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UK-06-0005589
CIN History of Ashbee Systems Limited
Ashbee Systems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110DL1981PLC011961, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110DL1981PLC011961 | Current |
| U74899DL1981PTC011961 | Previous |
| U74110DL1981PTC011961 | Previous |
Recognitions & Rankings of Ashbee Systems
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD – 65 Ground Floor Defence Colony, New Delhi, Delhi, India – 110024
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
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Associated Brands with Ashbee Systems Limited
Ashbee Systems operates two associated brands: Ashbee and Stashbee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online peer-to-peer marketplace for storage services is operated. | stashbee.com | |
| Weighbridge manufacturing and related services in India. | ashbee.com |
Business Activity of Ashbee Systems Limited
The main business activities of Ashbee Systems are manufacturing, trade and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, retail trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| G | Trade | G2 | Retail Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ashbee Systems Limited FY 2025 filings available
Ashbee Systems Limited reported revenue of ₹36.64 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹36.64 Cr ▼ 14%
Net profit · FY 2025
₹2.81 Cr margin 7.7%
EBITDA · FY 2025
₹5.72 Cr margin 15.6%
Compounded Annual Growth Rate (CAGR) of Ashbee Systems Limited
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 9%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 4%
5 years · compounded
▲ 25%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 23% 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 of Ashbee Systems Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.81 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashbee Systems Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ashbee Systems are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ashbee Systems Limited
Ashbee Systems has 4 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 |
|---|---|---|---|---|
| Ashish Bhutani Also directs: Bar Code India Limited, Ashbee Energy Systems Private Limited, Omnia Technologies Private Limited and 2 more | Managing Director | 03 Jul 1981 | 45 Years 3 Months | Current |
| Anoop Kumar Srivastava | Director | 25 Jan 2024 | 2 Years 8 Months | Current |
| Tanvi Bhutani Also directs: Artofa Retail LLP | Director | 08 Jan 2018 | 8 Years 9 Months | Current |
| Renu Bhutani Also directs: Bar Code India Limited | Director | 05 Apr 1994 | 32 Years 6 Months | Current |
Peer Comparison of Ashbee Systems Limited
Ashbee Systems Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smaco Engineering Private Limited | ₹38.8 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Navi Mumbai, Maharashtra, India |
| Klug Avalon Mechatronics Private Limited | ₹38.68 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
| Ferreterro Hoists Private Limited | ₹38.26 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Delhi, India |
| A. V. Cam Corporation Limited | ₹38.06 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Excellent Handling Systems Private Limited | ₹36.67 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Ashbee Systems Limited this company | ₹36.64 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Sinha BMH Systems (India) Private Limited | ₹36.48 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Howrah, West Bengal, India |
| Impression Systems and Engineers Private Limited | ₹36.48 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Pune, Maharashtra, India |
| Heena Cargo Movers Private Limited | ₹35.93 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Unicon Technology International Private Limited | ₹35.91 Cr (FY 2023) | •••• | •••• | 24.0% | •••• | Delhi, India |
| Everest Equipments Private Limited | ₹35.77 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ashbee Systems by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ashbee Systems Limited
Ashbee Systems Limited is audited by NATH AHUJA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NATH AHUJA & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
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- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ashbee Systems Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashbee Systems Limited
Open charges
₹99 Lakh
Satisfied charges
₹6.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Others | ₹99 Lakh | Open |
| 08 Sep 2020 | Others | ₹2.75 Cr | Satisfied |
| 10 Jul 2015 | Canara Bank | ₹1 Cr | Satisfied |
| 11 Dec 2014 | Canara Bank | ₹7 Lakh | Satisfied |
| 05 Mar 2010 | The Jammu & Kashmir Bank Ltd | ₹70 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Ashbee Systems Limited
Ashbee Systems Limited has 31 court cases on record: 26 filed by Ashbee Systems, 5 filed against it. 8 cases are pending and 23 are disposed.
Total cases
31
Filed by the company
26
Filed against the company
5
Pending
8
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 4 | 8 |
| High courts | 7 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against M/S Superwave Communication and Infrasolution P Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against M/S Superwave Communication and Infrasolution P Ltd Through Its Directors | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against VRS Intelligent Innovative System Pvt. Ltd | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Kent Intelligent Transportation Systems India Pvt Ltd and 1 other | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Ipf Vikram India Ltd. | Disposed |
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Full case history
All 31 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
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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 by Ashbee Systems Limited
Ashbee Systems Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 67 overdue payments to 8 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ashbee Systems Limited
Ashbee Systems Limited has a workforce of 121 employees as of Apr 09, 2024.
Employee count
121
Active EPFO establishments
1
Employee growth
72.86%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashbee Systems Limited
Ashbee Systems Limited has 7 board changes on record since 1981: 4 appointments and 3 cessations. The latest: Anoop Kumar Srivastava ceased to be Additional Director on 29 Sep 2024.
AGM
Ashbee Systems Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashbee Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Anoop Kumar Srivastava ceased to be Additional Director.
Charges
A charge registered on 08 Sep 2020 via Charge ID 100366959 with Others was fully satisfied on 09 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.99 Cr with Charge ID 100935286 was registered on 31 May 2024.
Appointed
Anoop Kumar Srivastava was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.75 Cr with Charge ID 100366959 was registered on 08 Sep 2020.
Charges
A charge registered on 10 Jul 2015 via Charge ID 10626068 with Canara Bank was fully satisfied on 06 Dec 2018.
Charges
A charge registered on 11 Dec 2014 via Charge ID 10539757 with Canara Bank was fully satisfied on 06 Dec 2018.
Charges
A charge registered on 05 Mar 2010 via Charge ID 10207474 with The Jammu & Kashmir Bank Ltd was fully satisfied on 29 Nov 2018.
Charges
A charge registered on 10 Feb 2001 via Charge ID 90036373 with The Jammu & Kashmir Bank Limited was fully satisfied on 29 Nov 2018.
Ceased
Tanvi Bhutani ceased to be Additional Director.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashbee Systems Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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Subsidiaries & Group Companies of Ashbee Systems Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashbee Systems Limited
Ashbee Systems has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACA0032B1ZU | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACA0032B1ZS | Haryana | Active | 15 Apr 2021 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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- State-wise filing status
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MCA Filings & Documents of Ashbee Systems Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Related news about Ashbee Systems Limited
Frequently Asked Questions about Ashbee Systems Limited
Ashbee Systems is an active public limited company based in New Delhi, Delhi, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 03 July 1981 (45+ years old) and is registered under CIN U74110DL1981PLC011961.
Ashbee Systems reported revenue of ₹36.64 Cr for FY 2025 (down 14% YoY).
Ashbee Systems has 4 current directors:
- Ashish Bhutani - Managing Director
- Anoop Kumar Srivastava - Director
- Tanvi Bhutani - Director
- Renu Bhutani - Director
Ashbee Systems reported a net profit of ₹2.81 Cr (net margin 7.7%) and EBITDA of ₹5.72 Cr (EBITDA margin 15.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashbee Systems is 9% over three years and 21% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashbee Systems is 05AAACA0032B1ZU, registered in Uttarakhand. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAACA0032B1ZS (Haryana).
The CIN (Corporate Identification Number) of Ashbee Systems is U74110DL1981PLC011961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashbee Systems has 31 court cases on record: 26 filed by the company and 5 filed against it. 8 are pending. Most are in the district courts.
Ashbee Systems was incorporated on 03 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ashbee Systems by revenue are Smaco Engineering Private Limited, Klug Avalon Mechatronics Private Limited, Ferreterro Hoists Private Limited, A. V. Cam Corporation Limited, Excellent Handling Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Anoop Kumar Srivastava ceased to be Additional Director on 29 Sep 2024. Anoop Kumar Srivastava was appointed as Director on 25 Jan 2024. Tanvi Bhutani ceased to be Additional Director on 30 Sep 2018. Ashbee Systems has 7 board changes on record in total.
Yes, Ashbee Systems is registered as a small enterprise under Udyam registration (number: UDYAM-UK-06-0005589).