Ashirvad Pipes Pvt Ltd

Ashirvad Pipes Pvt Ltd

Fortune 500 2021
+ 1 More
+ 1 More
OVERVIEW
FINANCIALS

About

Ashirvad Pipes operates under the Belgian company, Aliaxis, to provide water management solutions in the Indian market. Its partners include other Aliaxis companies such as Vinidex, Marley, Philmac, and Durman. With over 160,000 plumbers, 1500 distributors, and 60,000 retail partners, Ashirvad Pipes is able to serve the building, agriculture, industry, and infrastructure sectors in the market. The company produces industrial, plumbing, and agricultural pipes and fittings, along with underground drainage systems, fire protection systems, bath and kitchen solutions, water tanks, and wastewater management systems. Under the leadership of Partha Basu, Ashirvad has collaborated with the Water Management & Plumbing Skill Council (WMPSC) and the Skill India Initiative of the central government of India to provide plumbing technology training to young professionals through the Ashirvad Plumbing School.

Incorporation Year: 1997
Headquarters: Bangalore
Top Management: Partha Basu
Industry: Infrastructure

Featured In Fortune India Ranking

#337(2021)
Next 500 India
#231(2015)
#231(2015)

Financial Data 2024

Revenue
4,561
(INR Cr)
Net Operating Income
4,720
(INR Cr)
Assets
3,018
(INR Cr)
Profit
17
(INR Cr)
Net Worth
2,471
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
4561
-3.3%
4715
2.1%
4619
29.0%
3580
15.3%
3106
15.3%
2694
13.8%
2367
17.9%
2008
23.0%
1633
13.4%
1440
22.5%
1176
29.8%
906
51.8%
597
29.3%
461
38.5%
333
63.6%
204
-
Net Operating Income
(INR Cr)
4720
4.21%
4530
1.02%
4484
28.00%
3503
19.77%
2925
9.44%
2673
10.31%
2356
21.83%
1989
23.22%
1614
15.28%
1400
23.90%
1130
24.80%
906
51.87%
596
22.91%
485
45.64%
333
63.61%
204
77.39%
Profit
(INR Cr)
17
-80.6%
88
-82.8%
515
11.8%
461
35.7%
340
28.9%
263
-1.4%
267
22.9%
217
102.0%
108
-8.6%
118
34.3%
88
19.8%
73
51.9%
48
80.7%
27
34.2%
20
91.6%
10
-
Assets
(INR Cr)
3018
-7.0%
3244
29.3%
2510
25.9%
1993
23.7%
1612
37.5%
1172
-6.7%
1256
27.5%
985
15.9%
850
33.9%
635
20.3%
528
66.3%
317
26.3%
251
72.4%
146
55.5%
94
96.2%
48
-
Net Worth
(INR Cr)
2471
0.7%
2454
3.7%
2367
27.8%
1852
27.5%
1453
37.7%
1055
33.2%
792
17.8%
672
49.7%
449
12.2%
400
41.6%
283
45.0%
195
60.1%
122
65.5%
74
56.8%
47
73.4%
27
62.0%
Employee Cost
(INR Cr)
269
22.9%
219
5.5%
207
22.1%
170
13.5%
150
21.2%
123
28.0%
96
27.7%
76
24.7%
61
31.3%
46
-17.3%
56
-
0
-
0
-
0
-
0
-
0
-
Interest Cost
(INR Cr)
605188724313439322600700
Cash & Bank Balance
(INR Cr)
413112029149426357323030144542
Total Debt
(INR Cr)
40363507715654404253340174244122129724721

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 0.4%1.9%11.2%12.9%10.9%9.8%11.3%10.8%6.6%8.2%7.5%8.1%8.1%5.8%6.0%5.1%
Profit As % Of Assets 0.6%2.7%20.5%23.1%21.1%22.5%21.3%22.1%12.7%18.6%16.6%23.1%19.2%18.3%21.2%21.7%
Profit As % Of Networth 0.7%3.6%21.8%24.9%23.4%25.0%33.7%32.3%24.0%29.4%31.0%37.5%39.6%36.2%42.3%38.3%
Interest Cost to EBITDA % 22.7%15.4%0.9%1.0%1.4%4.7%6.3%8.5%16.2%17.6%13.3%--12.4%--
Debt to Equity Ratio 0.160.26-0.040.110.050.510.380.760.430.860.621.060.981.000.77
RONW 0.7%3.7%24.4%27.9%27.1%28.5%36.5%38.8%25.3%34.5%36.7%46.2%39.6%44.3%53.7%47.4%
ROCE 3.0%6.6%31.6%35.4%32.5%38.2%42.6%42.0%29.5%36.6%38.5%38.5%28.7%40.2%28.1%24.5%