Ashwini Container Movers Limited (ASHWINI)
ASHWINI delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 100.0% of the ASHWINI shares traded on NSE were taken to delivery, against the stock's own 20-session average of 83.03%. That is close to its usual level. Turnover was only ₹5 lakh, so a handful of trades can move this figure. Volume was 0.3 times its average, well below normal.
Delivery in the last 5 sessions: 100.0% · 50.0% · 66.0% · 62.1% · 100.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Ashwini Container Movers Limited has released its Annual Report for FY 2025-26 along with the notice convening its 14th Annual General Meeting (AGM). The AGM is scheduled to be held virtually on Monday, September 28, 2026, at 11:30 AM IST. The company has fixed Monday, September 21, 2026, as the cut-off date to determine shareholder eligibility for remote e-voting. Remote e-voting will be open from September 25, 2026 (9:00 AM IST) to September 27, 2026 (5:00 PM IST).
- 14th AGM scheduled for September 28, 2026, at 11:30 AM IST via Video Conferencing
- Shareholder voting eligibility cut-off date set as September 21, 2026
- Remote e-voting window active from September 25, 2026 (09:00 AM IST) to September 27, 2026 (05:00 PM IST)
- Annual Report for FY 2025-26 dispatched electronically and made accessible online
Ashwini Container Movers Limited has released its Annual Report for FY2025-26 and issued the notice for its 14th Annual General Meeting (AGM) scheduled for September 28, 2026, via video conferencing. The cut-off date for shareholder e-voting eligibility is set for September 21, 2026. Remote e-voting will run from September 25, 2026 (09:00 AM IST) to September 27, 2026 (05:00 PM IST). The filing highlights the company's positioning around key gateways like JNPT, which handled 8.17 million TEUs in FY26, alongside a market cap of ₹198.75 crore on NSE Emerge as of March 31, 2026.
- 14th AGM scheduled for Monday, September 28, 2026 at 11:30 AM IST via Video Conferencing.
- Shareholder voting cut-off date fixed as Monday, September 21, 2026.
- Remote e-voting window open from September 25, 2026 (09:00 AM IST) to September 27, 2026 (05:00 PM IST).
- Company market capitalization on NSE Emerge stood at ₹198.75 crore as of March 31, 2026.
Ashwini Container Movers Limited has submitted the Board of Directors' comments on fines levied by the National Stock Exchange (NSE). The company paid a total fine of ₹1,77,000 (including GST) for a 30-day delay in submitting audited financial results for the year ended March 31, 2026, under Regulation 33. Additionally, NSE levied a fine of ₹11,800 (including GST) under Regulation 29 for inadequate prior intimation of a June 2026 board meeting, for which the company has submitted a waiver application dated July 27, 2026. The Board noted that delays occurred due to pending audit clarifications and confirmed that internal compliance controls are being strengthened.
- Paid ₹1,77,000 total fine (inclusive of GST) to NSE for 30-day delay in submitting FY26 financial results under Regulation 33
- NSE levied an additional fine of ₹11,800 (including GST) under Regulation 29 regarding board meeting prior intimation
- Filed a waiver application with NSE on July 27, 2026, seeking complete waiver of the ₹11,800 fine
- Board reviewed the notices on August 29, 2026, and initiated measures to strengthen internal compliance reporting
Ashwini Container Movers Limited submitted the Audit Committee's views regarding the resignation of Statutory Auditor M/s. C. Sharat & Associates, which took effect August 14, 2026. The auditor cited extensive pre-occupation and time constraints as the reason for stepping down. The outgoing auditor explicitly confirmed no concerns regarding the company, management, or financial statements, and noted that the FY ended March 31, 2026 audit report has been submitted with no pending deliverables. The Audit Committee formally accepted these reasons during its meeting on August 29, 2026.
- M/s. C. Sharat & Associates resigned as Statutory Auditor effective August 14, 2026 due to firm pre-occupation.
- Audit Committee reviewed and accepted the resignation during its meeting on August 29, 2026.
- Statutory audit report for the financial year ended March 31, 2026 was fully signed and submitted prior to resignation.
- Outgoing auditor confirmed zero pending audit observations or concerns regarding financial statements.
Ashwini Container Movers announced key board decisions following its meeting on August 29, 2026. The Board approved the appointment of M/s M R Naidu & Associates as Statutory Auditors to fill a casual vacancy from M/s C Sharat & Associates' resignation, and recommended their appointment for a 5-year term until the 19th AGM in 2031. Additionally, M/s H S D R & Associates was appointed as Internal Auditor for FY 2026-27, and the appointment terms of CEO Mr. Sainath Bhaskar Pawar were ratified for a 5-year tenure from April 2024 to April 2029.
- Appointed M/s M R Naidu & Associates (FRN: 132724W) as Statutory Auditor for a 5-year term from the 14th AGM until the 19th AGM in 2031.
- Casual vacancy created by the resignation of outgoing auditor M/s C Sharat & Associates.
- Appointed M/s H S D R & Associates as Internal Auditor for the financial year 2026-27.
- Ratified appointment and terms of Mr. Sainath Bhaskar Pawar as Executive Director & CEO for a 5-year term (April 29, 2024 to April 28, 2029).
Ashwini Container Movers announced key board approvals on August 29, 2026, including the appointment of M/s M R Naidu & Associates as Statutory Auditor. The appointment fills a casual vacancy following the resignation of M/s C Sharat & Associates and extends for a 5-year term from the 14th AGM to the 19th AGM in 2031, subject to shareholder approval. The Board also approved the adoption of a new set of Articles of Association (AoA) and appointed M/s H S D R & Associates as Internal Auditor for FY 2026-27. Additionally, the Board ratified the 5-year appointment of Mr. Sainath Bhaskar Pawar as Executive Director and CEO effective from April 29, 2024 to April 28, 2029.
- Appointment of M/s M R Naidu & Associates as Statutory Auditor for a 5-year term until the 19th AGM in 2031
- Casual vacancy caused by the resignation of previous auditor M/s C Sharat & Associates
- Appointment of M/s H S D R & Associates as Internal Auditor for FY 2026-27
- Ratification of Mr. Sainath Bhaskar Pawar as ED & CEO for 5 years (April 29, 2024 to April 28, 2029)
- Adoption of a revised set of Articles of Association (AoA) subject to shareholder approval
Ashwini Container Movers Limited held a Board meeting on August 29, 2026, approving several key governance matters subject to shareholder approval. The Board appointed M/s M R Naidu & Associates as Statutory Auditors to fill a casual vacancy and for a 5-year term from the 14th AGM to the 19th AGM (2031). It also appointed M/s H S D R & Associates as Internal Auditor for FY 2026-27 and approved a new set of Articles of Association. Furthermore, the Board ratified the appointment and terms of Mr. Sainath Bhaskar Pawar as Executive Director and CEO for a 5-year term from April 29, 2024, to April 28, 2029.
- Appointed M/s M R Naidu & Associates as Statutory Auditor for casual vacancy and a 5-year tenure up to the 19th AGM in 2031
- Appointed M/s H S D R & Associates as Internal Auditor for FY 2026-27
- Ratified 5-year tenure (April 29, 2024 to April 28, 2029) for Executive Director & CEO Mr. Sainath Bhaskar Pawar
- Approved adoption of a new set of Articles of Association (AoA) subject to shareholder consent
Ashwini Container Movers Limited announced several corporate governance decisions from its board meeting held on August 29, 2026. The board approved the appointment of M/s M R Naidu & Associates as Statutory Auditors to fill a casual vacancy and for a subsequent 5-year term from the 14th AGM to the 19th AGM (2031). Additionally, the board ratified the appointment of Mr. Sainath Bhaskar Pawar as Executive Director and CEO for a 5-year term from April 29, 2024 to April 28, 2029. All major resolutions, including adoption of a new set of Articles of Association, remain subject to shareholder approval at the upcoming AGM.
- Appointed M/s M R Naidu & Associates as Statutory Auditor to fill casual vacancy and for a 5-year term until the 19th AGM in 2031
- Ratified appointment of Mr. Sainath Bhaskar Pawar as ED & CEO for a 5-year term (April 29, 2024 to April 28, 2029)
- Appointed M/s H S D R & Associates as Internal Auditor for FY 2026-27
- Approved adoption of a new set of Articles of Association (AoA), subject to shareholder approval
Ashwini Container Movers announced key governance decisions from its Board meeting held on August 29, 2026. The Board approved the appointment of M/s M R Naidu & Associates as Statutory Auditor to fill a casual vacancy caused by the resignation of M/s C Sharat & Associates, subject to shareholder approval for a 5-year term until the 19th AGM in 2031. Additionally, M/s H S D R & Associates was appointed as Internal Auditor for FY 2026-27. The Board also ratified the 5-year appointment of Mr. Sainath Bhaskar Pawar as Executive Director and CEO for the period April 29, 2024 to April 28, 2029.
- Appointed M/s M R Naidu & Associates as Statutory Auditor for a 5-year term from the 14th AGM to the 19th AGM (2031)
- Ratified appointment and terms of Mr. Sainath Bhaskar Pawar as Executive Director & CEO for 5 years from April 29, 2024 to April 28, 2029
- Appointed M/s H S D R & Associates as Internal Auditor for FY 2026-27
- Approved adoption of a new set of Articles of Association (AoA), subject to shareholder approval
Ashwini Container Movers announced key board outcomes on August 29, 2026, including the appointment of M/s M R Naidu & Associates as Statutory Auditor for a 5-year term up to the 19th AGM in 2031 to fill a casual vacancy. The casual vacancy arose due to the resignation of prior auditor M/s C Sharat & Associates. The board also appointed M/s H S D R & Associates as Internal Auditor for FY 2026-27 and approved a new set of Articles of Association. Additionally, the board ratified the appointment of Mr. Sainath Bhaskar Pawar as Executive Director & CEO for a 5-year tenure from April 29, 2024 to April 28, 2029, subject to shareholder approval.
- Appointment of M/s M R Naidu & Associates as Statutory Auditor for 5 consecutive years from the 14th AGM to the 19th AGM in 2031.
- Casual vacancy filled following the resignation of previous auditor M/s C Sharat & Associates.
- Ratification of Mr. Sainath Bhaskar Pawar as Executive Director and CEO for a 5-year term from April 29, 2024 to April 28, 2029.
- Appointment of M/s H S D R & Associates as Internal Auditor for FY 2026-27.
Ashwini Container Movers Limited has secured a 5-year vessel operations contract worth approximately ₹35 crore from a major port operator at Jawaharlal Nehru Port Authority (JNPA). Under the agreement, the company will initially deploy 15 trailers, with scope to scale up deployments based on operational needs. The ₹35 crore total contract represents about 26.8% of its FY2026 annual revenue (₹130.3 crore), providing around ₹7 crore in annualized recurring revenue. In FY2026, the company expanded its fleet to 401 trucks and achieved a PAT of ₹14.06 crore.
- Secured a ₹35 crore, 5-year vessel operations contract at JNPA
- Initial deployment of 15 trailers with scope for further fleet expansion
- Adds ~₹7 crore annually to revenue over the 5-year tenure
- FY2026 revenue was ₹130.3 crore (+36% YoY) and PAT was ₹14.06 crore (+22% YoY)
Ashwini Container Movers Limited announced the resignation of its statutory auditor, M/s C Sharat & Associates (FRN: 128593W), effective August 14, 2026. The auditor cited extensive pre-occupation of the firm and resulting time constraints as the reason for stepping down. The firm confirmed there are no concerns regarding the company's financial statements or management, and the audit report for the year ended March 31, 2026 (FY 2025-26) was duly completed with no pending observations. The company is required to place the resignation before the Audit Committee and appoint a successor statutory auditor.
- Resignation of Statutory Auditor C Sharat & Associates effective from August 14, 2026
- Auditor cited pre-occupation and time constraints as the sole reason for resignation
- FY 2025-26 (year ended March 31, 2026) statutory audit report signed with no pending audit observations
- Auditor confirmed no concerns regarding company financials, management, or audit conduct
Ashwini Container Movers Limited has announced the resignation of its statutory auditor, M/s C Sharat & Associates, Chartered Accountants, effective from the close of business hours on August 14, 2026. The auditor stated extensive pre-occupation and time constraints as the primary reason for stepping down. The resigning auditor confirmed that the audit report for FY 2025-26 (year ended March 31, 2026) has already been signed and submitted with no pending observations or concerns regarding the company's financial statements. The company's Audit Committee will deliberate on the resignation and process the appointment of a new auditor.
- Resignation of M/s C Sharat & Associates (FRN: 128593W) effective close of business hours on August 14, 2026.
- Auditor confirmed that the statutory audit for the financial year ended March 31, 2026 (FY 2025-26) was duly completed.
- No concerns were raised regarding company management, financial reporting, or audit conduct.
- The Audit Committee and Board will deliberate and appoint a replacement auditor per SEBI and Companies Act requirements.
Ashwini Container Movers Limited has submitted its Structural Digital Database (SDD) compliance certificate for the quarter ended June 30, 2026. This filing is a mandatory requirement under Regulations 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The certificate confirms that the company is maintaining a digital database to track the sharing of unpublished price-sensitive information (UPSI). This is a routine administrative filing and does not impact the company's financial performance or operations.
- Compliance certificate submitted for the quarter ended June 30, 2026
- Filed pursuant to Regulation 3(5) and 3(6) of SEBI (PIT) Regulations, 2015
- Document signed and dated July 28, 2026
- Confirms maintenance of a digital database for tracking UPSI
Ashwini Container Movers reported a 37% YoY revenue growth to ₹129.19 cr in FY26, supported by a major fleet expansion from 266 to 401 vehicles. The company has secured a significant 4-year intra-port logistics contract at JNPT valued at ₹60 cr, which represents approximately 46% of its FY26 revenue. Profitability remains robust with EBITDA margins at 25.8%, while the debt-to-equity ratio improved drastically from 2.86 to 0.77 following a capital increase. The business model is shifting towards port-integrated logistics, moving beyond simple container transport.
- Revenue increased to ₹129.19 cr in FY26 from ₹94.12 cr in FY25, a growth of 37.2%
- Fleet size expanded by 50.7% reaching 401 vehicles in FY26 compared to 266 in the previous year
- Secured a ₹60 crore, 4-year contracted order for high-frequency intra-port logistics at JNPT
- Debt-to-Equity ratio improved to 0.77 in FY26 from 2.86 in FY25, indicating a stronger balance sheet
- Total containers handled rose to 28,243 in FY26 from 25,201 in FY25
Financial Performance
Revenue Growth by Segment
Not disclosed in available documents. The company operates a subscription-based model with a 'Hobby Investor' tier at INR 0 and an 'Active Investor' tier at INR 4,999 per year.
Geographic Revenue Split
Not disclosed in available documents, though the product is 'Made with love in India' and uses data from C-MOTS Internet Technologies Pvt Ltd, suggesting a primary focus on the Indian market.
Profitability Margins
Not disclosed in available documents. Pricing for the premium tier is INR 4,999 per year, which is inclusive of GST.
Operational Drivers
Raw Materials
Financial data feeds (100% of core product data), AI processing credits (valued at INR 500 for premium users), and software development labor.
Import Sources
India (Data provided by C-MOTS Internet Technologies Pvt Ltd).
Key Suppliers
C-MOTS Internet Technologies Pvt Ltd (primary data provider).
Capacity Expansion
The platform is currently expanding its feature capacity to include Concalls, more screening ratios, and qualitative data to increase the value proposition of the premium tier.
Raw Material Costs
Not disclosed in available documents. Procurement strategy involves sourcing 10 years of financial data and commodity trends for 10,000+ products.
Manufacturing Efficiency
The platform offers 800 stock alerts and unlimited key insights for premium users compared to only 10 alerts and 20 insights for free users, representing a significant scaling of digital service delivery.
Logistics & Distribution
100% digital distribution via web and mobile platforms.
Strategic Growth
Growth Strategy
ASHWINI aims to drive growth by converting free 'Hobby' users to 'Active' investors (INR 4,999/year) by offering 80x more stock alerts (800 vs 10), unlimited concall notes, and advanced Excel automation features. Future growth is targeted through the addition of qualitative data and concall analysis tools.
Products & Services
Stock screening tools, Screener AI insights, Commodity price trackers, and shareholder search engines.
Brand Portfolio
Screener, Mittal Analytics.
New Products/Services
New features in development include Concalls, qualitative data modules, and expanded screening ratios, intended to increase premium conversion rates.
Strategic Alliances
Partnership with C-MOTS Internet Technologies Pvt Ltd for data provision.
External Factors
Industry Trends
The fintech industry is shifting toward AI-driven qualitative analysis. ASHWINI is positioning itself by integrating 'Screener AI' and developing concall note features to move beyond basic quantitative screening.
Competitive Landscape
Competes with other financial data providers and stock research platforms in the Indian market.
Competitive Moat
The moat is built on 10 years of historical financial data, a proprietary custom ratio engine, and high switching costs for users who have integrated their research into the platform's Excel automation tools.
Macro Economic Sensitivity
Highly sensitive to stock market participation rates; a decline in retail investor activity would likely reduce the demand for 'Active Investor' subscriptions.
Consumer Behavior
Increasing demand for DIY (Do-It-Yourself) investment research tools among Indian retail investors.
Geopolitical Risks
Low, as the company is focused on Indian financial data and domestic 'Made in India' development.
Regulatory & Governance
Industry Regulations
Subject to Indian data privacy laws and financial data redistribution regulations.
Taxation Policy Impact
Standard GST applies to all subscriptions; the INR 4,999 price is inclusive of GST.
Risk Analysis
Key Uncertainties
The primary uncertainty is the accuracy of third-party data provided by C-MOTS, which could impact the reliability of the screening results.
Geographic Concentration Risk
100% focused on the Indian equity market based on the data sources and 'Made in India' branding.
Third Party Dependencies
Critical dependency on C-MOTS Internet Technologies Pvt Ltd for all financial data feeds.
Technology Obsolescence Risk
Risk of being superseded by more advanced AI-native financial research tools if the 'Screener AI' does not evolve rapidly.
Credit & Counterparty Risk
Low risk as the business model is based on upfront annual subscription payments.
