Asi Industries Limited - Company overview

Associated Stone Industries is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L14101MH1945PLC256122).…

1945-01-17 Mumbai, Maharashtra Active Listed Active Compliant
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Key Metrics

AUTHORISED CAPITAL
28.45 cr
PAID-UP CAPITAL
9.01 cr
COMPANY AGE
81 Years 4 Months
since 1945-01-17
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-12
OPEN CHARGES
9
-631.30 cr
SATISFIED CHARGES
61
668.63 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
View More ⌄
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
2
Updated: 2023-11-16 17:25:45

About Associated Stone Industries

Associated Stone Industries is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L14101MH1945PLC256122). Business overview includes Environment (Wind Energy Solutions), incorporated on January 17, 1945 (81+ years old), headquartered in Mumbai, Maharashtra, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹148.24 Cr with a profit of ₹17.28 Cr. It has 8 active directors. The company employs approximately 1,507 people.

Wind Energy Solutions Mining & Mineral Extraction
  • Location Marathon Innova, A Wing 7Th Floor, Off: Ganpatrao Kadam Marg, Lower Parel,, Mumbai, Maharashtra - 400013
  • Website asigroup.co.in
Name History
CIN / LLPINL14101MH1945PLC256122
Company No.256122
Stock Symbol BSE: 502015
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1945-01-17
Date of AGM2025-09-12
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Associated Stone Industries

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

■ Revenue ■ P/L ■ EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (8)

G
GAURANG MANHAR GANDHI
Director | Since 2016-07-04
P
PADAMKUMAR RADHESHYAM PODDAR
Director | Since 2023-08-26
D
DEEPAK NEMNATH JATIA
Managing Director | Since 1987-12-31
T
TUSHYA JATIA
Whole-time director | Since 2011-07-25
P
PAVAN KUMAR SONI
CFO | Since 2014-08-05
M
MANISH PRAKASH KAKRAI
Company Secretary | Since 2022-11-07

Charges Overview

Indian Bank : 1.70 cr
Hdfc Bank Limited : 1.32 cr
Others : 1.00 cr
Open Charges: 9 Satisfied Charges: 61
Open -631.30 cr
Satisfied 668.63 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 04 Oct 2025
 44.25 Lakh Open
Hdfc Bank Limited
Creation Date: 26 Sep 2025
 44.36 Lakh Open
Others
Creation Date: 19 Apr 2025
 1.00 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Mining and quarrying-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Associated Stone Industries
What is CIN of Associated Stone Industries?
The Corporate Identification Number (CIN) for Associated Stone Industries is L14101MH1945PLC256122. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 256122 as per MCA.
When was Associated Stone Industries incorporated?
Associated Stone Industries was incorporated 81 years 4 months ago on 17 Jan 1945.
What is paid-up capital and authorised share capital of Associated Stone Industries?
The paid-up capital of Associated Stone Industries is ₹ 90,074,910.00 and authorised share capital is ₹ 284,500,000.00.
Who are the current board members and directors of Associated Stone Industries?
Currently 8 directors are associated with Associated Stone Industries: Gaurang Manhar Gandhi, Padamkumar Radheshyam Poddar, Deepak Nemnath Jatia, Tushya Jatia, Pavan Kumar Soni, Manish Prakash Kakrai, Arunanshu Vijay Kumar Agarwal, Anita Deepak Jatia.
  • Gaurang Manhar Gandhi
  • Padamkumar Radheshyam Poddar
  • Deepak Nemnath Jatia
  • Tushya Jatia
  • Pavan Kumar Soni
  • Manish Prakash Kakrai
  • Arunanshu Vijay Kumar Agarwal
  • Anita Deepak Jatia
What is the registered address of Associated Stone Industries?
As per Ministry of Corporate Affairs (MCA), the registered address of Associated Stone Industries is Marathon Innova, A Wing 7Th Floor, Off: Ganpatrao Kadam Marg, Lower Parel,, Mumbai, Maharashtra, 400013, India.
Is Associated Stone Industries registered with any stock exchange in India?
Yes, Associated Stone Industries is registered on Bombay Stock Exchange (BSE).
What is the official website of Associated Stone Industries?
The official website of Associated Stone Industries is https://asigroup.co.in.
What is the ROC code of Associated Stone Industries?
Associated Stone Industries ROC code is Roc Mumbai.
What is the company classification of Associated Stone Industries?
Associated Stone Industries is classified as Public Limited Indian Non-Government Company.
Associated Stone Industries - is it listed or unlisted?
Associated Stone Industries is a Listed company.
What is the current status of Associated Stone Industries?
Associated Stone Industries is currently Active and registered in Mumbai, Maharashtra, India.
What industry or business activity is Associated Stone Industries associated with?
Associated Stone Industries lists activity aligned with: Environment - Wind Energy Solutions - Mining and quarrying. See the Overview and Competition sections for fuller industry context.
How many employees does Associated Stone Industries have?
Available records indicate roughly 1,507 employees for Associated Stone Industries. Confirm against filings and EPFO-related signals on the profile where shown.
Does Associated Stone Industries have GST registrations on file?
Associated Stone Industries shows 2 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Associated Stone Industries?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Associated Stone Industries.
How do I contact Associated Stone Industries?
Use the official website at https://asigroup.co.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Associated Stone Industries?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Associated Stone Industries?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Associated Stone Industries (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 307.06 Cr. Verify figures on the Financial tab and supporting filings.