Indian Company Master Data Made Simple
Axtel Industries Limited
Axtel Industries Limited, with incorporation dating back to 1991, brings more than 3 decades of expertise. Corporate Identification Number is L91110GJ1991PLC016185 and its registration number is 16185. Axtel Industries Limited is registered as company limited by shares. Authorized capital of the company is recorded at ₹20.00 crore. It has a paid-up capital totaling ₹16.15 crore.
Mainly engaged in activities of business, employers and professional organisations. The company’s registration location is Ahmedabad. Axtel Industries Limited is incorporated at Vadodara Halol Highway, Panch Mahals, Baska, Gujarat, India, 389350. It is officially listed as an active business entity. PAN number for the company is AACCA3227E. The firm is registered with LEI code 335800V15O7AOFDLRI11. Axtel Industries Limited can be contacted at info@axtelindia.com. Key executives of the company are: Rajendrabhai Kantilal Bhavsar (CFO).
Company Overview
- CIN
- Date of Incorporation
- 27/08/1991
- 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
- ₹20,00,00,000.00
- Paid up Capital
- ₹16,15,48,000.00
- Activity
- Activities of business, employers and professional organisations
- info@axtelindia.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AACCA3227E1ZB | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8767C01011 | AXTEL INDUSTRIES LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | AXTEL IND LTD/SH VTG | ESVUFN |
| INE767C01012 | AXTEL INDUSTRIES LIMITED EQ | - | 12/10/2026 | AXTEL IND LTD/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹3,124.86L | ₹2,845.46L | ₹2,528.15L | ₹1,704.91L | ₹0.00L |
| Goodwill | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹5,872.78L | ₹5,117.36L | ₹4,438.47L | ₹3,363.49L | ₹0.00L |
| Inventory | ₹3,312.68L | ₹3,736.70L | ₹5,213.17L | ₹4,502.33L | ₹0.00L |
| Total Debt | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock | ₹1,615.48L | ₹1,615.48L | ₹1,615.48L | ₹1,615.48L | ₹0.00L |
| Current Debt | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Share Issued | ₹161.55L | ₹161.55L | ₹161.55L | ₹161.55L | ₹0.00L |
| Total Assets | ₹21,563.53L | ₹18,854.53L | ₹19,598.43L | ₹17,904.07L | ₹0.00L |
| Capital Stock | ₹1,615.48L | ₹1,615.48L | ₹1,615.48L | ₹1,615.48L | ₹0.00L |
| Long Term Debt | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Assets | ₹17,877.44L | ₹15,404.09L | ₹16,426.42L | ₹15,685.00L | ₹0.00L |
| Prepaid Assets | ₹289.14L | ₹368.98L | ₹162.79L | ₹333.07L | ₹0.00L |
| Working Capital | ₹9,340.75L | ₹9,216.35L | ₹8,434.51L | ₹7,665.67L | ₹0.00L |
| Invested Capital | ₹12,465.07L | ₹12,258.16L | ₹11,300.88L | ₹9,615.73L | ₹0.00L |
| Other Properties | ₹445.84L | ₹411.65L | ₹297.18L | ₹128.31L | ₹0.00L |
| Retained Earnings | ₹10,805.22L | ₹0.00L | ₹9,714.10L | ₹7,828.54L | ₹6,375.28L |
| Common Stock Equity | ₹12,465.07L | ₹12,258.16L | ₹11,300.88L | ₹9,615.73L | ₹0.00L |
| Net Tangible Assets | ₹12,416.78L | ₹12,219.94L | ₹11,254.81L | ₹9,562.07L | ₹0.00L |
| Tangible Book Value | ₹12,416.78L | ₹12,219.94L | ₹11,254.81L | ₹9,562.07L | ₹0.00L |
| Current Liabilities | ₹8,536.69L | ₹6,187.74L | ₹7,991.91L | ₹8,019.33L | ₹0.00L |
| Long Term Provisions | ₹561.78L | ₹408.62L | ₹305.63L | ₹269.01L | ₹0.00L |
| Stockholders Equity | ₹12,465.07L | ₹12,258.16L | ₹11,300.88L | ₹9,615.73L | ₹0.00L |
| Other Equity Interest | ₹10,849.59L | ₹10,642.68L | ₹9,685.41L | ₹8,000.25L | ₹0.00L |
| Total Capitalization | ₹12,465.07L | ₹12,258.16L | ₹11,300.88L | ₹9,615.73L | ₹0.00L |
| Investment Properties | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹161.55L | ₹161.55L | ₹161.55L | ₹161.55L | ₹0.00L |
| Other Intangible Assets | ₹48.29L | ₹38.22L | ₹46.07L | ₹53.66L | ₹0.00L |
| Other Non Current Assets | ₹13.93L | ₹5.45L | -₹0.32L | ₹0.02L | ₹0.00L |
| Total Non Current Assets | ₹3,686.09L | ₹3,450.44L | ₹3,172.01L | ₹2,219.07L | ₹0.00L |
| Cash And Cash Equivalents | ₹1,646.61L | ₹2,240.22L | ₹2,461.42L | ₹1,154.53L | ₹0.00L |
| Construction In Progress | ₹34.87L | ₹84.27L | ₹42.91L | ₹473.65L | ₹0.00L |
| Accumulated Depreciation | -₹2,747.92L | ₹0.00L | -₹1,910.32L | -₹1,658.58L | -₹1,453.76L |
| Other Short Term Investments | ₹8,127.98L | ₹5,733.95L | ₹3,522.03L | ₹3,449.58L | ₹0.00L |
| Other Non Current Liabilities | -₹0.01L | ₹0.01L | ₹0.01L | -₹0.09L | ₹0.00L |
| Machinery Furniture Equipment | ₹2,563.65L | ₹2,197.51L | ₹1,785.00L | ₹1,539.51L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹48.29L | ₹38.22L | ₹46.07L | ₹53.66L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹12,465.07L | ₹12,258.16L | ₹11,300.88L | ₹9,615.73L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹9,098.46L | ₹6,596.37L | ₹8,297.55L | ₹8,288.34L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹9,774.59L | ₹7,959.85L | ₹5,983.45L | ₹4,604.11L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹561.77L | ₹408.63L | ₹305.64L | ₹269.01L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | ₹4,320.37L | ₹2,506.20L | ₹2,776.18L | ₹2,489.14L | ₹0.00L |
| Changes In Cash | -₹593.60L | -₹221.20L | ₹1,306.81L | ₹539.15L | ₹0.00L |
| End Cash Position | ₹1,646.61L | ₹2,240.22L | ₹24,61,423.00L | ₹1,154.53L | ₹0.00L |
| Financing Cash Flow | -₹2,933.04L | -₹8,75,720.00L | -₹16,15,524.00L | -₹479.34L | ₹0.00L |
| Investing Cash Flow | -₹2,767.02L | -₹2,549.47L | -₹945.27L | -₹1,995.63L | ₹0.00L |
| Operating Cash Flow | ₹5,106.46L | ₹3,203.99L | ₹3,867.60L | ₹3,014.12L | ₹0.00L |
| Capital Expenditure | -₹786.09L | -₹697.79L | -₹10,91,422.00L | -₹524.98L | ₹0.00L |
| Beginning Cash Position | ₹2,240.22L | ₹2,461.42L | ₹1,154.53L | ₹615.38L | ₹0.00L |
| Issuance Of Capital Stock | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | -₹0.01L | -₹0.00L | ₹1.00L | ₹0.00L | ₹0.01L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹4,140.72L | ₹2,394.22L | ₹4,286.49L | ₹2,330.56L | ₹0.00L |
| EBITDA | ₹4,637.36L | ₹2,782.14L | ₹4,562.26L | ₹2,571.76L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹3,115.95L | ₹1,802.52L | ₹3,213.34L | ₹1,730.28L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹10,682.16L | ₹7,185.39L | ₹8,837.96L | ₹6,272.67L | ₹0.00L |
| Pretax Income | ₹4,140.40L | ₹2,393.27L | ₹4,285.91L | ₹2,295.64L | ₹0.00L |
| Tax Provision | ₹1,024.44L | ₹590.75L | ₹1,072.57L | ₹565.36L | ₹0.00L |
| Total Revenue | ₹21,541.93L | ₹16,827.83L | ₹22,333.30L | ₹16,537.14L | ₹0.00L |
| Cost Of Revenue | ₹10,859.77L | ₹9,642.44L | ₹11,984.81L | ₹10,318.50L | ₹0.00L |
| Total Expenses | ₹17,895.54L | ₹14,779.23L | ₹18,205.10L | ₹14,348.83L | ₹0.00L |
| Interest Income | ₹23.75L | ₹0.00L | ₹21.15L | ₹14.31L | ₹29.02L |
| Interest Expense | ₹0.32L | ₹0.95L | ₹0.58L | ₹34.92L | ₹0.00L |
| Operating Income | ₹3,646.39L | ₹2,048.60L | ₹4,128.20L | ₹2,188.31L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹4,233.70L | ₹2,452.91L | ₹4,361.86L | ₹2,418.02L | ₹0.00L |
| Normalized Income | ₹2,812.17L | ₹1,554.56L | ₹3,213.34L | ₹1,614.40L | ₹0.00L |
| Operating Expense | ₹7,035.77L | ₹5,136.79L | ₹7,452.04L | ₹4,030.33L | ₹0.00L |
| Operating Revenue | ₹21,541.93L | ₹16,827.83L | ₹20,822.77L | ₹16,591.17L | ₹0.00L |
| Net Interest Income | -₹1.43L | -₹49.54L | -₹161.59L | -₹94.91L | ₹0.00L |
| Total Unusual Items | ₹403.66L | ₹329.23L | ₹0.00L | ₹153.74L | ₹0.00L |
| Basic Average Shares | ₹161.55L | ₹161.55L | ₹161.55L | ₹161.55L | ₹0.00L |
| Diluted Average Shares | ₹161.55L | ₹161.55L | ₹161.56L | ₹161.55L | ₹0.00L |
| Total Other Finance Cost | ₹24.86L | ₹0.00L | ₹161.01L | ₹74.30L | ₹42.20L |
| Other Operating Expenses | ₹1,081.14L | ₹1,148.99L | ₹1,524.81L | ₹1,492.33L | ₹0.00L |
| Reconciled Depreciation | ₹496.64L | ₹387.92L | ₹2,75,773.00L | ₹241.20L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹10,859.77L | ₹9,642.44L | ₹11,984.81L | ₹10,318.50L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹99.88L | ₹81.27L | ₹0.00L | ₹37.86L | ₹0.00L |
| Interest Income Non Operating | ₹23.75L | ₹18.44L | ₹21.15L | ₹14.31L | ₹0.00L |
| Selling And Marketing Expense | ₹1,498.27L | ₹227.98L | ₹149.09L | ₹254.90L | ₹0.00L |
| Interest Expense Non Operating | ₹0.32L | ₹0.95L | ₹0.58L | ₹34.92L | ₹0.00L |
| Net Income Common Stockholders | ₹3,115.95L | ₹1,802.52L | ₹3,213.34L | ₹1,730.28L | ₹0.00L |
| Net Income Continuous Operations | ₹3,115.95L | ₹1,802.52L | ₹3,213.34L | ₹1,730.28L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹3,115.95L | ₹1,802.52L | ₹3,213.34L | ₹1,730.28L | ₹0.00L |
| General And Administrative Expense | ₹562.39L | ₹0.00L | ₹448.29L | ₹345.20L | ₹257.03L |
| Selling General And Administration | ₹2,060.66L | ₹0.00L | ₹597.38L | ₹600.10L | ₹429.40L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹403.66L | ₹329.23L | ₹200.40L | ₹153.74L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹1.43L | -₹49.54L | -₹140.44L | -₹94.91L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹3,115.95L | ₹1,802.52L | ₹3,213.34L | ₹1,730.28L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹3,115.95L | ₹1,802.52L | ₹3,213.34L | ₹1,730.28L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹3,115.95L | ₹1,802.52L | ₹3,213.34L | ₹1,730.28L | ₹0.00L |
Company Performance (FY23–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 28/08/1991 | Ajay Nalin Parikh | 00453711 | Whole-time director | View other directorships |
| 28/08/1991 | Ajay Naishad Desai | 00452821 | Whole-time director | View other directorships |
| 01/04/1995 | Ajitsingh Mohansingh Bubber | 00454111 | Director | View other directorships |
| 01/12/2009 | Ameet Nalin Parikh | 00007036 | Director | View other directorships |
| 30/03/2015 | Prerana S Bokil | *****9191N | Company Secretary | |
| 10/03/2016 | Rajendrabhai Kantilal Bhavsar | *****3228Q | CFO | |
| 05/11/2018 | Nimish Patel Rohitkumar | 00029353 | Director | View other directorships |
| 05/11/2018 | Deepti Sharma | 03630613 | Director | View other directorships |
| 03/05/2024 | Paresh Jaisinh Rajda | 00680340 | Director | View other directorships |
Business Network
Directors 9
- Ajay Naishad DesaiWhole-time director
- Ajay Nalin ParikhWhole-time director
- Paresh Jaisinh RajdaDirector
- Deepti SharmaDirector
- Nimish Patel RohitkumarDirector
- Ameet Nalin ParikhDirector
- Ajitsingh Mohansingh BubberDirector
- Rajendrabhai Kantilal BhavsarCFO
- Prerana S BokilCompany Secretary
Latest Documents
| Date | Title | Size |
|---|---|---|
| 29/11/2024 | Form Addendum to AOC-4 CSR-29112024 | - |
| 24/09/2024 | Form MGT-7-24092024_signed | - |
| 24/09/2024 | Form MGT-7-24092024 | - |
| 11/09/2024 | Form AOC-4(XBRL)-31082024 | - |
| 17/02/2024 | Form Addendum to AOC-4 CSR-17022024_signed | - |
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Address
Frequently Asked Questions
The current board member of Axtel Industries Limited are:
- Ajay Nalin Parikh
- Ajay Nalin Parikh
- Ajitsingh Mohansingh Bubber
- Ameet Nalin Parikh
- Ajay Naishad Desai
- Nimish Patel Rohitkumar
- Deepti Sharma
- Paresh Jaisinh Rajda