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ASHIRVAD PIPES PRIVATE LIMITED

www.ashirvad.com
Active
Updated: 31 Oct 2024

The company develops and manufactures unplasticized polyvinyl chloride riser/column pipes for plumbing, sanitary, and agriculture applications. The company also offers project consultancy services.

Ashirvad Pipes Private Limited, is an unlisted private company incorporated on 18 February, 1997. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 5.00 cr and the total paid-up capital is INR 4.41 cr.

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Industry

Health and Social Work
Products
  • , sanitary pipes, Plumbing pipes
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
4.21%
₹ 4,720.2
EBITDA
-19.05%
₹ 265.8
Net Profit
-80.61%
₹ 17.2
Networth
0.65%
₹ 2,530.5
Borrowings
-36.44%
₹ 403.4
Assets
-3.41%
₹ 3,892.9
Gross Margin
1.0
29.9 %
Operating Margin
-1.62
5.6 %
Net Profit Margin
-1.58
0.4 %
Return on Equity
-2.84
0.7 %
ROCE
-3.75
3.0 %
Debt to Equity
-0.09
0.2
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (70)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW INTEREST COVERAGE
  • LOW ROCE
  • LOW CASH BALANCE
Low Risk
  • GROSS MARGINS DETERIORATING
  • EBITDA MARGINS DETERIORATING
  • NET MARGIN DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 2,925.1 3,503.2 4,504.1 4,529.6 4,720.2
Operating profit 531.9 728.3 809.8 328.4 265.8
Net profit 339.6 460.9 515.0 88.5 17.2
Gross margin 40.2 40.9 35.9 28.9 29.9
Operating margin 18.2 20.8 18.0 7.2 5.6
Net margin 11.6 13.1 11.4 1.9 0.4
Networth 1,453.3 1,912.5 2,426.8 2,514.1 2,530.5
Borrowings 155.6 77.1 91.5 634.6 403.4
Assets 2,149.1 2,711.8 3,389.3 4,030.4 3,892.9
Debt to equity 0.1 0.0 0.0 0.2 0.2
Current ratio 1.7 2.1 2.4 1.8 1.7
ROE 23.4 24.1 21.2 3.5 0.7
Days payable 80.0 74.0 69.0 64.0 75.0
WC days 53.0 85.0 98.0 86.0 71.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.4 4.4 4.4 4.4 4.4
Reserves 1,448.9 1,908.0 2,422.4 2,509.7 2,526.1
Borrowings + 155.6 77.1 91.5 634.6 403.4
Long term borrowings 65.3 62.3 70.5 - -
Short term borrowings 90.3 14.9 21.0 634.6 403.4
Trade payables + 382.1 422.1 544.4 562.0 676.1
Days payable 80.0 74.0 69.0 64.0 75.0
Other liabilities + 540.2 722.2 870.9 881.7 959.0
Other non-current liabilities 30.4 29.5 37.7 116.5 84.0
Other current liabilities 127.7 270.5 288.8 203.2 198.8
Total liabilities 2,149.1 2,711.8 3,389.3 4,030.4 3,892.9
Fixed Assets + 1,059.1 1,139.6 1,238.0 1,390.2 1,471.6
Tangible assets 984.8 1,098.2 1,191.7 1,322.2 1,328.9
CWIP 57.4 24.4 29.7 57.1 137.4
Intangible assets 16.9 17.0 16.6 10.9 5.3
LT loans and advances 15.2 16.2 18.6 - -
Other non-current assets 49.8 33.9 73.8 178.9 220.4
Current assets + 1,025.0 1,522.0 2,058.8 2,461.4 2,200.9
Inventories 583.7 724.2 978.7 1,599.4 1,409.1
Trade receivables 322.2 396.4 763.0 667.5 537.5
Cash and cash equivalents 8.2 226.6 62.9 23.7 32.2
ST loans and advances 0.8 1.5 0.9 - -
Other current assets 110.0 173.2 253.3 170.9 222.0
Total assets 2,149.1 2,711.8 3,389.3 4,030.4 3,892.9
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,925.1 3,503.2 4,504.1 4,529.6 4,720.2
Sales growth % 9.44 19.77 28.57 0.57 4.21
Expenses + 2,496.6 2,899.8 3,837.4 4,413.0 4,706.9
Cost of goods 1,749.2 2,069.6 2,886.4 3,221.7 3,309.8
Employee cost 149.7 177.9 215.3 240.1 303.7
Other costs 494.3 527.4 592.6 739.5 840.8
Operating profit + 531.9 728.3 809.8 328.4 265.8
Operating margin % 18.2 20.8 18.0 7.2 5.6
Other income 7.0 16.4 18.6 19.5 19.3
Interest 6.8 7.2 6.8 50.0 59.8
Depreciation 96.6 117.7 136.3 161.8 192.7
Exceptional items - - - - -
Profit before tax 435.4 619.8 685.4 136.2 32.6
Tax 95.8 159.0 170.3 47.7 15.5
Profit - disc. ops - - - - -
Net profit 339.6 460.9 515.0 88.5 17.2
Net margin % 11.6 13.1 11.4 1.9 0.4
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.1 0.0 0.0 0.2 0.2
Net Debt/Equity 0.1 0.0 0.0 0.2 0.1
Total Debt/Assets 0.1 0.0 0.0 0.2 0.1
Total Assets/Equity 1.5 1.4 1.4 1.6 1.5
Liquidity +
Current Ratio 1.7 2.1 2.4 1.8 1.7
Quick Ratio 0.7 1.1 1.3 0.6 0.6
Interest Coverage 77.9 101.2 118.4 6.6 4.5
Performance
Gross Margin 40.2 40.9 35.9 28.9 29.9
Operating Margin 18.2 20.8 18.0 7.2 5.6
Net Margin 11.6 13.1 11.4 1.9 0.4
Return +
Return on Equity 23.4 24.1 21.2 3.5 0.7
Pre-tax ROCE 29.3 31.2 27.6 6.8 3.0
Return on Assets 15.8 17.0 15.2 2.2 0.4
Pre-tax ROIC 27.2 31.9 27.4 5.3 2.5
Efficiency +
Days Payable 80.0 74.0 69.0 64.0 75.0
Days Inventory 122.0 128.0 124.0 181.0 155.0
Days Receivable 40.0 41.0 62.0 54.0 42.0
Fixed Asset Turnover 2.8 3.1 3.6 3.3 3.2
Total Asset Turnover 1.4 1.3 1.3 1.1 1.2
Working Capital
Cash Conversion Cycle 82.0 95.0 117.0 171.0 122.0
Working Capital Days 53.0 85.0 98.0 86.0 71.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation Name DIN/PAN Tenure
Director Partha Sarathi Basu 01855577 1 years
Director Ramesh Ramadurai 07109252 1 years
Kmp Sudeep Agrawal <HIDDEN> 1 years
Director Sticker Koen Jozef A 08785774 5 years
Director Sophie Desormiere 10337691 2 years
Director Thierry Florent J. Vanlancker 10704573 1 years
Director Anil Tomar 10770373 1 years
Kmp Mamta Sharma <HIDDEN> 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
AKZO NOBEL COATINGS INDIA PRIVATE LIMITE D
Amalgamated
76.6 L 1 Karnataka
AKZO NOBEL CAR REFINISHES INDIA PRIVATE LIMITED
Amalgamated
29.8 Cr 1 Karnataka
ANTHEM BIOSCIENCES PRIVATE LIMITED
Active
114.1 Cr 1 Karnataka
3M INDIA LIMITED
Active
11.3 Cr 1 Karnataka

Registered Details

CIN

U85110KA1997PTC021831

PAN

AABCA7061K

Incorporation

1997, 28.2 years

Company Email

shashidhar.shetty@ashirvad.com

Paid up Capital

₹ 4.4 Cr

Authorised Capital

₹ 5.0 Cr

AGM

Sep 2024

Type

Private
Non-government Company

FAQ - ASHIRVAD PIPES PRIVATE LIMITED

What is the incorporation date of ASHIRVAD PIPES PRIVATE LIMITED?

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The incorporation date of ASHIRVAD PIPES PRIVATE LIMITED is 18 February, 1997

What is the authorized share capital of ASHIRVAD PIPES PRIVATE LIMITED?

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The authorized share capital of ASHIRVAD PIPES PRIVATE LIMITED is INR ₹ 5.0 Cr.

What is the paid-up capital of ASHIRVAD PIPES PRIVATE LIMITED?

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The paid-up capital of ASHIRVAD PIPES PRIVATE LIMITED is INR ₹ 4.4 Cr.

What is the registered address of ASHIRVAD PIPES PRIVATE LIMITED?

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The registered address of ASHIRVAD PIPES PRIVATE LIMITED is Plot No.27-P, 28-P, 29 & 30, Bommasandra, Jigani Link Road J igani Anekal Bangalore Karnataka - 560105

What is the CIN number of ASHIRVAD PIPES PRIVATE LIMITED?

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The CIN number of ASHIRVAD PIPES PRIVATE LIMITED is U85110KA1997PTC021831.

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