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Axel Polymers Limited
Axel Polymers Limited, formed in 1992, has been in existence for 3. The company’s Corporate Identification Number is L25200GJ1992PLC017678; registration no. 17678. The company operates as company limited by shares. Authorized share capital stands at ₹16.00 crore. This company’s paid-up capital is valued at ₹8.52 crore.
Mainly engaged in manufacture of plastic products. It is registered in Ahmedabad. Its official registered office is situated at S No 309, Vil-mokshi, Sankarda-savli Road Tal-savli, Vadodara, Gujarat, India, 391780. The firm continues to be in active status. Axel Polymers Limited is identified globally under LEI 3358001T439HYMOWJC39. The company may be contacted through its official email: cs@axelpolymers.com.
Company Overview
- CIN
- Date of Incorporation
- 20/05/1992
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹16,00,00,000.00
- Paid up Capital
- ₹8,51,66,800.00
- Activity
- Manufacture of plastic products
- cs@axelpolymers.com
- PAN
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8197C01011 | AXEL POLYMERS LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | AXEL POLYMERS/SH VTG | ESVUFN |
| INE197C01012 | AXEL POLYMERS LIMITED EQ | - | 12/10/2026 | AXEL POLYMERS/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Net PPE | ₹643.07L | ₹669.87L | ₹627.17L | ₹533.61L |
| Net Debt | ₹2,653.11L | ₹3,189.54L | ₹2,464.31L | ₹2,411.46L |
| Goodwill | ₹374.87L | ₹374.87L | ₹374.87L | ₹374.87L |
| Gross PPE | ₹1,808.24L | ₹1,768.44L | ₹1,673.53L | ₹1,510.84L |
| Inventory | ₹4,097.02L | ₹3,945.94L | ₹3,958.92L | ₹3,272.79L |
| Total Debt | ₹2,983.95L | ₹3,407.84L | ₹2,566.88L | ₹2,518.98L |
| Common Stock | ₹1,100.11L | ₹851.67L | ₹851.67L | ₹851.67L |
| Current Debt | ₹2,731.91L | ₹2,761.63L | ₹1,857.81L | ₹1,872.00L |
| Share Issued | ₹110.01L | ₹85.17L | ₹85.17L | ₹85.17L |
| Total Assets | ₹7,025.04L | ₹6,741.57L | ₹6,422.13L | ₹5,514.77L |
| Capital Stock | ₹1,100.11L | ₹851.67L | ₹851.67L | ₹851.67L |
| Long Term Debt | ₹252.04L | ₹646.21L | ₹709.07L | ₹646.98L |
| Current Assets | ₹5,505.80L | ₹5,409.42L | ₹5,151.89L | ₹4,322.09L |
| Prepaid Assets | ₹14.98L | ₹19.13L | ₹6.51L | ₹25.29L |
| Working Capital | ₹1,729.37L | ₹857.66L | ₹970.72L | ₹804.29L |
| Invested Capital | ₹5,508.35L | ₹4,921.68L | ₹4,065.89L | ₹3,872.11L |
| Other Properties | ₹114.47L | ₹114.47L | ₹102.00L | ₹102.00L |
| Retained Earnings | ₹317.90L | ₹430.53L | ₹413.18L | ₹264.34L |
| Common Stock Equity | ₹2,524.40L | ₹1,513.84L | ₹1,499.01L | ₹1,353.13L |
| Net Tangible Assets | ₹2,137.52L | ₹1,135.69L | ₹1,119.83L | ₹972.92L |
| Tangible Book Value | ₹2,137.52L | ₹1,135.69L | ₹1,119.83L | ₹972.92L |
| Current Liabilities | ₹3,776.43L | ₹4,551.76L | ₹4,181.17L | ₹3,517.80L |
| Long Term Provisions | ₹10.51L | ₹10.68L | ₹5.93L | ₹4.20L |
| Stockholders Equity | ₹2,524.40L | ₹1,513.84L | ₹1,499.01L | ₹1,353.13L |
| Other Equity Interest | -₹0.01L | ₹662.17L | ₹647.33L | -₹0.01L |
| Total Capitalization | ₹2,776.44L | ₹2,160.05L | ₹2,208.08L | ₹2,000.11L |
| Ordinary Shares Number | ₹110.01L | ₹85.17L | ₹85.17L | ₹85.17L |
| Other Intangible Assets | ₹12.01L | ₹3.28L | ₹4.31L | ₹5.34L |
| Other Non Current Assets | ₹6.60L | ₹6.08L | ₹2.40L | ₹1.45L |
| Total Non Current Assets | ₹1,519.25L | ₹1,332.17L | ₹1,270.23L | ₹1,192.69L |
| Cash And Cash Equivalents | ₹330.84L | ₹218.30L | ₹102.57L | ₹107.52L |
| Construction In Progress | ₹29.55L | ₹29.55L | ₹29.55L | ₹29.55L |
| Accumulated Depreciation | -₹1,165.17L | -₹1,098.57L | -₹1,046.36L | -₹977.23L |
| Additional Paid In Capital | ₹1,113.56L | ₹244.00L | ₹244.00L | ₹244.00L |
| Other Short Term Investments | ₹11.35L | ₹105.09L | ₹0.24L | ₹25.02L |
| Other Non Current Liabilities | ₹0.02L | ₹0.01L | ₹0.01L | -₹0.01L |
| Machinery Furniture Equipment | ₹1,314.90L | ₹1,291.00L | ₹1,210.09L | ₹1,055.84L |
| Goodwill And Other Intangible Assets | ₹386.88L | ₹378.15L | ₹379.18L | ₹380.21L |
| Total Equity Gross Minority Interest | ₹2,524.40L | ₹1,513.84L | ₹1,499.01L | ₹1,353.13L |
| Total Liabilities Net Minority Interest | ₹4,500.64L | ₹5,227.73L | ₹4,923.12L | ₹4,161.64L |
| Current Debt And Capital Lease Obligation | ₹2,731.91L | ₹2,761.63L | ₹1,857.81L | ₹1,872.00L |
| Long Term Debt And Capital Lease Obligation | ₹252.04L | ₹646.21L | ₹709.07L | ₹646.98L |
| Cash Cash Equivalents And Short Term Investments | ₹342.19L | ₹323.39L | ₹102.57L | ₹132.54L |
| Total Non Current Liabilities Net Minority Interest | ₹724.21L | ₹675.97L | ₹741.95L | ₹643.84L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹315.99L | -₹464.95L | ₹183.99L | ₹430.14L | ₹0.00L |
| Changes In Cash | ₹112.53L | ₹115.73L | -₹4.95L | ₹83.82L | ₹0.00L |
| End Cash Position | ₹330.84L | ₹218.30L | ₹102.57L | ₹107.52L | ₹0.00L |
| Financing Cash Flow | ₹417.00L | ₹569.21L | -₹192.47L | -₹356.90L | ₹0.00L |
| Investing Cash Flow | -₹42.93L | -₹87.04L | -₹159.15L | -₹156.61L | ₹0.00L |
| Operating Cash Flow | -₹261.54L | -₹366.44L | ₹346.67L | ₹597.33L | ₹0.00L |
| Capital Expenditure | -₹54.45L | -₹98.51L | -₹162.68L | -₹167.19L | ₹0.00L |
| Beginning Cash Position | ₹218.30L | ₹102.57L | ₹107.52L | ₹23.70L | ₹0.00L |
| Issuance Of Capital Stock | ₹1,118.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | ₹0.01L | ₹0.00L | ₹0.00L | ₹0.00L | -₹0.01L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| EBIT | ₹151.69L | ₹302.89L | ₹469.37L | ₹451.94L |
| EBITDA | ₹224.22L | ₹359.04L | ₹539.53L | ₹505.95L |
| Basic EPS | -₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | -₹112.64L | ₹17.35L | ₹155.59L | ₹118.42L |
| Diluted EPS | -₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹927.33L | ₹1,047.78L | ₹1,192.79L | ₹1,093.76L |
| Pretax Income | -₹125.49L | ₹31.14L | ₹228.62L | ₹170.13L |
| Tax Provision | -₹12.85L | ₹13.79L | ₹73.03L | ₹51.70L |
| Total Revenue | ₹4,439.52L | ₹7,808.52L | ₹12,791.61L | ₹8,264.93L |
| Cost Of Revenue | ₹3,512.19L | ₹6,760.74L | ₹11,598.82L | ₹7,171.17L |
| Total Expenses | ₹4,263.26L | ₹7,466.40L | ₹12,280.58L | ₹7,806.43L |
| Interest Income | ₹11.52L | ₹10.36L | ₹3.53L | ₹10.55L |
| Interest Expense | ₹277.18L | ₹271.75L | ₹240.75L | ₹281.81L |
| Operating Income | ₹176.26L | ₹342.12L | ₹511.03L | ₹458.50L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹227.02L | ₹360.50L | ₹539.89L | ₹506.12L |
| Normalized Income | -₹110.13L | ₹18.37L | ₹155.84L | ₹118.54L |
| Operating Expense | ₹751.07L | ₹705.66L | ₹681.76L | ₹635.26L |
| Operating Revenue | ₹4,439.52L | ₹7,808.52L | ₹12,791.61L | ₹8,264.93L |
| Net Interest Income | -₹296.42L | -₹312.62L | -₹281.12L | -₹305.29L |
| Total Unusual Items | -₹2.80L | -₹1.46L | -₹0.36L | -₹0.17L |
| Basic Average Shares | ₹92.59L | ₹85.17L | ₹85.17L | ₹85.17L |
| Diluted Average Shares | ₹92.59L | ₹85.17L | ₹85.17L | ₹85.17L |
| Total Other Finance Cost | ₹30.76L | ₹51.23L | ₹43.90L | ₹34.03L |
| Other Operating Expenses | ₹77.03L | ₹64.63L | ₹82.32L | ₹79.75L |
| Reconciled Depreciation | ₹72.53L | ₹56.15L | ₹70.16L | ₹54.01L |
| Reconciled Cost Of Revenue | ₹3,512.19L | ₹6,760.74L | ₹11,598.82L | ₹7,171.17L |
| Rent Expense Supplemental | ₹47.75L | ₹50.84L | ₹48.54L | ₹48.46L |
| Tax Effect Of Unusual Items | -₹0.29L | -₹0.44L | -₹0.11L | -₹0.05L |
| Interest Income Non Operating | ₹11.52L | ₹10.36L | ₹3.53L | ₹10.55L |
| Selling And Marketing Expense | ₹106.97L | ₹83.96L | ₹76.68L | ₹60.59L |
| Interest Expense Non Operating | ₹277.18L | ₹271.75L | ₹240.75L | ₹281.81L |
| Net Income Common Stockholders | -₹112.64L | ₹17.35L | ₹155.59L | ₹118.42L |
| Net Income Continuous Operations | -₹112.64L | ₹17.35L | ₹155.59L | ₹118.42L |
| Diluted NIAvailto Com Stockholders | -₹112.64L | ₹17.35L | ₹155.59L | ₹118.42L |
| General And Administrative Expense | ₹59.95L | ₹70.11L | ₹29.72L | ₹26.20L |
| Selling General And Administration | ₹166.92L | ₹154.07L | ₹106.40L | ₹86.79L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹2.80L | -₹1.46L | -₹0.36L | -₹0.17L |
| Net Non Operating Interest Income Expense | -₹296.42L | -₹312.62L | -₹281.12L | -₹305.29L |
| Net Income Including Noncontrolling Interests | -₹112.64L | ₹17.35L | ₹155.59L | ₹118.42L |
| Net Income From Continuing And Discontinued Operation | -₹112.64L | ₹17.35L | ₹155.59L | ₹118.42L |
| Net Income From Continuing Operation Net Minority Interest | -₹112.64L | ₹17.35L | ₹155.59L | ₹118.42L |
Company Performance (FY23–FY26)
₹127.9 Cr₹95.9 Cr₹64.0 Cr₹32.0 Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 01/03/1993 | Aarasp Bejan Bodhanwala | 00421362 | Director | View other directorships |
| 01/06/2014 | Gaurav Surendrakumar Thanky | 02565340 | Managing Director | View other directorships |
| 04/04/2019 | Jigardan Ajitdan Gadhvi | *****2973M | Company Secretary | |
| 19/08/2021 | Haresh Padamshi Kothari | 05140850 | Director | View other directorships |
| 14/11/2022 | Umang Hasmukhbhai Dasani | 09787208 | Director | View other directorships |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 5
- Gaurav Surendrakumar ThankyManaging Director
- Umang Hasmukhbhai DasaniDirector
- Haresh Padamshi KothariDirector
- Aarasp Bejan BodhanwalaDirector
- Jigardan Ajitdan GadhviCompany Secretary
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 29/11/2024 | Form MGT-7-29112024 | - |
| 26/10/2024 | Form AOC-4(XBRL)-26102024 | - |
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Address
S No 309, Vil-mokshi, Sankarda-savli Road Tal-savli, Vadodara, Gujarat, India, 391780
Frequently Asked Questions
What is the incorporation date of Axel Polymers Limited?
The incorporation date of Axel Polymers Limited is 20/05/1992.
What is the authorized share capital and paid-up capital of Axel Polymers Limited?
The authorized share capital of Axel Polymers Limited is ₹16,00,00,000.00. The paid-up capital is ₹8,51,66,800.00.
Who are the current board members & directors of Axel Polymers Limited?
The current board member of Axel Polymers Limited are:
- Aarasp Bejan Bodhanwala
- Haresh Padamshi Kothari
- Umang Hasmukhbhai Dasani
- Gaurav Surendrakumar Thanky
What is the registered address of Axel Polymers Limited?
The registered address of Axel Polymers Limited is S No 309, Vil-mokshi, Sankarda-savli Road Tal-savli, Vadodara, Gujarat, India, 391780.
What is the Corporate Identification Number of Axel Polymers Limited?
The Corporate Identification Number of Axel Polymers Limited is L25200GJ1992PLC017678.