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
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
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
Ashbee Systems Limited's registered office is in New Delhi, Delhi. Its website is ashbee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 65 Ground Floor Defence Colony, New Delhi, Delhi, India – 110024
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Ashbee Systems Limited, buy the company report.
Comprehensive company report
Ashbee Systems 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
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G2 | Retail Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Ashbee Systems Limited, buy the company report.
Financials of Ashbee Systems Limited
FY 2025 filings availableAshbee 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)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Ashbee Systems Limited, buy the company report.
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
Ashbee Systems Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| 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 | |||
| 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 Limitedthis company | ₹36.64 Cr (FY 2025) | ₹2.81 Cr | 7.7% | -14.0% | 121 | New Delhi, Delhi, India |
| Impression Systems and Engineers Private Limited | ₹36.48 Cr (FY 2024) | 99.0% | Pune, Maharashtra, India | |||
| Unicon Technology International Private Limited | ₹35.91 Cr (FY 2023) | 24.0% | Delhi, India |
To see the full peer comparison of Ashbee Systems Limited, buy the company report.
Auditor
Ashbee Systems Limited is audited by NATH AHUJA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATH AHUJA & CO. | FY 2022 | 080178 |
Shareholding
The shareholding of Ashbee Systems Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashbee Systems Limited, buy the company report.
Charges & borrowings
Open charges
₹99 Lakh
Satisfied charges
₹6.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100935286 | Others | ₹99 Lakh | Open | |
| 08 Sep 2020 | 100366959 | Others | ₹2.75 Cr | Satisfied | |
| 10 Jul 2015 | 10626068 | Canara Bank | ₹1 Cr | Satisfied | |
| 11 Dec 2014 | 10539757 | Canara Bank | ₹7 Lakh | Satisfied | |
| 05 Mar 2010 | 10207474 | The Jammu & Kashmir Bank Ltd | ₹70 Lakh | Satisfied |
To see the full charge records of Ashbee Systems Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
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 |
To see the full case history of Ashbee Systems 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
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 |
To see the full MSME payment records of Ashbee Systems Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ashbee Systems Limited has a workforce of 121 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
121
Active EPFO establishments
1
Employee growth
72.86%
GST
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 |
To see the full GST registrations and return filing status of Ashbee Systems Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 4 current directors:
- Ashish Bhutani - Managing Director
- Anoop Kumar Srivastava - Director
- Tanvi Bhutani - Director
- Renu Bhutani - Director
The latest financial statements of Ashbee Systems 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 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, A. V. Cam Corporation Limited, Excellent Handling Systems Private Limited, Impression Systems and Engineers Private Limited, Unicon Technology International Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport 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).
Ashbee Systems has 3 MSME Form 1 returns on record between 2019 and 2020, listing 67 overdue payments to 8 micro and small suppliers. The latest return was filed on 02 Oct 2020.
Ashbee Systems can be reached through the website ashbee.com. Its registered office is in New Delhi, Delhi, India.