U P Asbestos Limited

U P Asbestos Limited - metals and minerals in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN L26942UP1973PLC003743 Incorporated 18 July 1973 ROC Uttar Pradesh HQ Lucknow, Uttar Pradesh, India
Active Listed Public Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹248.83 Cr
▲ 18% YoY
Net profit · FY 2025
₹14.1 Cr
Net margin 5.7%
EBITDA · FY 2025
₹35.08 Cr
EBITDA margin 14.1%
Authorised capital
₹15.25 Cr
Registered with MCA
Paid-up capital
₹9.11 Cr
Issued & subscribed
Open charges
₹108.78 Cr
Satisfied ₹252.37 Cr
Company age
53 yrs
Est. 1973
Employees · EPFO
191
Provident fund records

About U P Asbestos Limited

Data last updated:

U P Asbestos Limited is a public limited company based in Lucknow, Uttar Pradesh, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 18 July 1973 and has been in existence for over 53 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L26942UP1973PLC003743. The company has 3 GST registrations on record, none of which is active. It is a listed company as per MCA records.

The company has an authorised share capital of ₹15.25 Cr and a paid-up capital of ₹9.11 Cr. It is led by directors including Amitabh Tayal (Managing Director) and Priyank Tayal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Po Mohanlalganjlucknow Lucknow, Uttar Pradesh, India – 227305.

As per the financials filed for FY 2025, the company reported a revenue of ₹248.83 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹14.1 Cr (net margin 5.7%) and EBITDA of ₹35.08 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.

The company has about 191 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: UPAL. As per MCA filings, the company has open charges of ₹108.78 Cr and satisfied charges of ₹252.37 Cr on record. Court records list 324 cases involving the company, including 279 filed by the company and 45 filed against it; 149 cases are pending.

U P Asbestos Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0001271). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upasbestos.com.

Company details

CIN L26942UP1973PLC003743
Registration Number 003743
Incorporation Date 18 July 1973
ROC Uttar Pradesh
Listing Status Listed
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-50-0001271
Key People
Amitabh Tayal Managing Director Priyank Tayal Whole-Time Director Paras Nath Singh Director

Recognitions & Rankings of U P Asbestos

MSME (Udyam registered) Ministry of MSME
Category
Medium (2022-23)
Udyam number
UDYAM-UP-50-0001271

Contact details

U P Asbestos Limited's registered office is in Lucknow, Uttar Pradesh. Its website is upasbestos.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    upasbestos.com
  • Registered Address
    Po Mohanlalganjlucknow Lucknow, Uttar Pradesh, India – 227305
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution

To see the full contact details of U P Asbestos Limited, buy the company report.

Comprehensive company report
U P Asbestos 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
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Brands

U P Asbestos operates one associated brand: UPAL. Each brand links to its own profile.

BrandDescriptionWebsite
UPAL
UP Asbestos Limited is engaged in manufacturing fibre cement sheets.upal.in

Business activity

The main business activities of U P Asbestos are support service to organizations and trade. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities
GTradeG1Wholesale Trading

To see the full business activity and turnover split of U P Asbestos Limited, buy the company report.

Financials of U P Asbestos Limited

FY 2025 filings available

U P Asbestos Limited reported revenue of ₹248.83 Cr (up 18% YoY) for FY 2025.

Revenue · FY 2025
₹248.83 Cr ▲ 18%
Net profit · FY 2025
₹14.1 Cr margin 5.7%
EBITDA · FY 2025
₹35.08 Cr margin 14.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 8%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 20%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 18% growth in the latest year. EBITDA rose 61% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹35.08 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.1 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.1%
Net Profit Margin5.7%
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 U P Asbestos Limited, buy the company report.

Board of directors of U P Asbestos Limited

U P Asbestos has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amitabh Tayal
Also directs: Mashino Textile Private Limited, The Rohtak and Hissar Districts Electric Supply Company Private Limited, MTX Hotels Private Limited and 5 more
Managing Director01 Jan 198442 Years 9 MonthsCurrent
Priyank Tayal
Also directs: Mashino Textile Private Limited, Ubuild Better Private Limited, The Rohtak and Hissar Districts Electric Supply Company Private Limited and 5 more
Whole-Time Director23 Jun 200422 Years 4 MonthsCurrent
Paras Nath SinghDirector10 Jul 20197 Years 3 MonthsCurrent
Qamar Syed WajahatDirector25 Jun 20206 Years 4 MonthsCurrent
Sushma SethDirector02 Sep 20233 Years 1 MonthsCurrent
View all directors

Auditor

U P Asbestos Limited is audited by Jain Kapoor& Co., for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Jain Kapoor& Co.,FY 2023000705C

Shareholding

The shareholding of U P Asbestos Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of U P Asbestos Limited, buy the company report.

Charges & borrowings

Open charges
₹108.78 Cr
Satisfied charges
₹252.37 Cr
Breakdown by lending institutions
Others₹108.58 Cr
Hdfc Bank Limited₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2026101234322Others₹9.5 LakhOpen
30 Jul 2024100969531Others₹33 CrOpen
30 Jul 2024100969532Others₹9.2 CrOpen
08 Jul 2024100966935Others₹9.97 CrOpen
25 Jan 2023100686646Others₹56.31 CrOpen

To see the full charge records of U P Asbestos Limited, buy the company report.

Total charge records: 35 View all charges

Credit ratings & regulatory alerts

U P Asbestos Limited was last rated by Indiarating on 07 Jul 2021.

Rating agencyRated onRating
Indiarating07 Jul 2021

To see the full credit ratings and regulatory alerts of U P Asbestos Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for U P Asbestos Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

U P Asbestos Limited has a workforce of 191 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.

Employee count
191
Active EPFO establishments
2
Employee growth
-9.48%

GST

U P Asbestos has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of U P Asbestos Limited, buy the company report.

Recent activity

U P Asbestos Limited has 29 board changes on record since 1984: 17 appointments and 12 cessations. The latest: Mala Agrawal ceased to be Director on 02 Sep 2023.

Charges
A charge registered on 18 Jan 2021 via Charge ID 100410374 with Others was fully satisfied on 15 May 2026.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101234322 was registered on 29 Jan 2026.
Charges
A charge with Others of Rs. 56.31 Cr registered on 25 Jan 2023 with Charge ID 100686646 was modified on 19 Jan 2026.
Charges
A charge registered on 31 Dec 2021 via Charge ID 100521769 with Hdfc Bank Limited was fully satisfied on 07 Jan 2026.
AGM
U P Asbestos Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 9.20 Cr registered on 30 Jul 2024 with Charge ID 100969532 was modified on 30 Apr 2025.
Filing
U P Asbestos Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Charges
A charge registered on 17 Apr 2023 via Charge ID 100719331 with Others was fully satisfied on 24 Sep 2024.
Charges
A charge with Others amounted to Rs. 33.00 Cr with Charge ID 100969531 was registered on 30 Jul 2024.
Charges
A charge with Others amounted to Rs. 9.20 Cr with Charge ID 100969532 was registered on 30 Jul 2024.
Charges
A charge with Others amounted to Rs. 9.97 Cr with Charge ID 100966935 was registered on 08 Jul 2024.
Ceased
Mala Agrawal ceased to be Director.

102 earlier events are in the company report.

News

Frequently asked questions

U P Asbestos is an active public limited company based in Lucknow, Uttar Pradesh, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 18 July 1973 (53+ years old) and is registered under CIN L26942UP1973PLC003743.

U P Asbestos has 5 current directors:

The latest financial statements of U P Asbestos on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.

No. U P Asbestos has 3 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of U P Asbestos is L26942UP1973PLC003743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. U P Asbestos is a listed company as per MCA records.

U P Asbestos has 324 court cases on record: 279 filed by the company and 45 filed against it. 149 are pending. Most are in the district courts.

U P Asbestos was incorporated on 18 July 1973, making it 53+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

Mala Agrawal ceased to be Director on 02 Sep 2023. Sushma Seth was appointed as Director on 02 Sep 2023. Dharam Mohan Tayal ceased to be Director on 25 Jun 2020. U P Asbestos has 29 board changes on record in total.

Yes, U P Asbestos is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-50-0001271).