About R D Ashar Pvt Ltd
Data last updated:
R D Ashar Pvt Ltd is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 November 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51504MH1982PTC028628. Its GSTIN is 27AACCR0867M1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.2 Lakh. It is led by directors Madhavi Harikumar Menon and Harikumar Sreedhara Menon.
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 Unit No 505 Opal Square, Plot No.C 1 Thane West, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.72 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Lakh (net margin 0.9%) and EBITDA of ₹14.68 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.35 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rdashar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No 505 Opal Square, Plot No.C 1 Thane West, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of R D Ashar Pvt Ltd
The main business activity of R D Ashar is manufacturing. In detail, this covers manufacture of basic metals.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals | Locked |
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 R D Ashar Pvt Ltd FY 2025 filings available
R D Ashar Pvt Ltd reported revenue of ₹3.72 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of R D Ashar Pvt Ltd
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 42% 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 R D Ashar Pvt Ltd
| 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 | ₹14.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.2 Lakh | •••• | •••• | •••• | •••• |
| 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 R D Ashar Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 R D Ashar are in the company report.
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.
Peer Comparison of R D Ashar Pvt Ltd
R D Ashar Pvt Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pristine Environmental Associates Private Limited | •••• | •••• | •••• | •••• | 64 | Indore, Madhya Pradesh, India |
| Satya Fabricators Pvt. Ltd. | •••• | •••• | •••• | •••• | - | Andhra Pradesh, Telangana, India |
| Acoutech Engineering India Private Limited | •••• | •••• | •••• | •••• | 14 | Mumbai, Maharashtra, India |
| Vinayaka CNC Precision Private Limited | •••• | •••• | •••• | •••• | 35 | Bangalore, Karnataka, India |
| Banamakanahalli Industrial and Logistics Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| R D Ashar Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Eternity Infocom Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| GSB Toolcrafts Pvt Ltd | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Econfra Projects Private Limited | •••• | •••• | •••• | •••• | - | Ankleshwar, Gujarat, India |
| Honesty Automation Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Parksan Filters Private Limited | •••• | •••• | •••• | •••• | - | Vasai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below R D Ashar by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of R D Ashar Pvt Ltd
R D Ashar Pvt Ltd is audited by A P SHIRODKAR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A P SHIRODKAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of R D Ashar Pvt Ltd
R D Ashar has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhavi Harikumar Menon | Director | 07 Nov 2022 | 3 Years 11 Months | Current |
| Harikumar Sreedhara Menon | Director | 10 Jul 2003 | 23 Years 2 Months | Current |
Ownership and Shareholding of R D Ashar Pvt Ltd
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 R D Ashar Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2022 | Tjsb Sahakari Bank Limited | ₹50 Lakh | Open |
| 29 Jul 2020 | Tjsb Sahakari Bank Limited | ₹15 Lakh | Open |
| 02 Mar 2015 | Others | ₹1.5 Cr | Open |
| 31 Mar 2004 | Others | ₹1.92 Cr | Open |
| 26 Dec 2003 | The Thane Janata Sahakari Bank Ltd | ₹15 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of R D Ashar Pvt Ltd
R D Ashar Pvt Ltd has 1 court case on record: 1 filed by R D Ashar. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Minwools Rock Firbres Ltd | Disposed |
Full case history
All 1 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
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at R D Ashar Pvt Ltd
R D Ashar Pvt Ltd has a workforce of 4 employees as of Apr 05, 2024.
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 R D Ashar Pvt Ltd
R D Ashar Pvt Ltd has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Ritin Dharamraj Ashar ceased to be Director on 02 Dec 2022.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for R D Ashar Pvt Ltd
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
Verified entity values are shown only after access is granted.
MSME Payment Delays by R D Ashar Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of R D Ashar Pvt Ltd
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 R D Ashar Pvt Ltd
R D Ashar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR0867M1ZZ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of R D Ashar Pvt Ltd
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
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about R D Ashar Pvt Ltd
R D Ashar is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 November 1982 (44+ years old) and is registered under CIN U51504MH1982PTC028628.
R D Ashar reported revenue of ₹3.72 Cr for FY 2025 (down 16% YoY).
R D Ashar has 2 current directors:
- Madhavi Harikumar Menon - Director
- Harikumar Sreedhara Menon - Director
R D Ashar reported a net profit of ₹3.2 Lakh (net margin 0.9%) and EBITDA of ₹14.68 Lakh (EBITDA margin 3.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of R D Ashar is 2% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of R D Ashar is 27AACCR0867M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of R D Ashar is U51504MH1982PTC028628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R D Ashar has 1 court case on record: 1 filed by the company.
R D Ashar was incorporated on 05 November 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of R D Ashar by revenue are Pristine Environmental Associates Private Limited, Satya Fabricators Pvt. Ltd, Acoutech Engineering India Private Limited, Vinayaka CNC Precision Private Limited, Banamakanahalli Industrial and Logistics Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Ritin Dharamraj Ashar ceased to be Director on 02 Dec 2022. Madhavi Harikumar Menon was appointed as Director on 07 Nov 2022. Kamlini Dharmaraj Ashar ceased to be Director on 10 Jul 2010. R D Ashar has 4 board changes on record in total.