Aksharchem (India ) Limited

Manufacturer of dye intermediates for textile, paint, plastic, and ink industries.

1989 | Mahesana, Gujarat (India) | Active
Last Updated:

Aksharchem (India ) Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 8.03 Cr
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 149.78 Cr
  • Revenue Growth -12.12%
  • Profit Growth -105.92%
  • Ebitda -51.41%
  • Net Worth -0.48%
  • Total Assets -10.03%

About Aksharchem (India )

Aksharchem (India ) Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 July 1989 and has a history of 35 years and seven months. Its registered office is in Mahesana, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524598 and on the National Stock Exchange(NSE) under AKSHARCHEM.

The Corporate was formerly known as Audichem (India) Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 8.03 Cr.

The company currently has active open charges totaling ₹149.78 Cr.

The Key Managerial Personnel (KMP) at Aksharchem (India ) Limited India are Hardik Shah as CFO and Mehul Naliyadhara as Company Secretary. Paru Jaykrishna, Ashok Barot, Maitri Mehta, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aksharchemindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24110GJ1989PLC012441

  • Company No.

    012441

  • Stock Symbol

    BSE : 524598 NSE : AKSHARCHEM

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1989

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Aksharchem (India ) Limited offer?

Aksharchem (India ) Limited offers a wide range of products and services, including Dyes & Color Additives, Reactive Dyes.

Who are the key members and board of directors at Aksharchem (India )?

Executive Team (4)

NameDesignationAppointment DateStatus
Paru Jaykrishna Country flag representing In Managing Director04-Jul-1989Current
Hardik Shah CFO20-May-2022Current
Mehul Naliyadhara Country flag representing In Company Secretary02-Feb-2024Current
Munjal Jaykrishna Country flag representing In Managing Director28-Jun-1995Current

Board Members (6)

NameDesignationAppointment DateStatus
Jigar Patel Country flag representing In Director 11-Dec-2017Current
Gokul Jaykrishna Country flag representing In Director 01-Jan-1994Current
Ashok Barot Country flag representing In Director 28-Mar-2019Current
Maitri Mehta Country flag representing In Director 28-Mar-2019Current
Gautamkumar Jain Country flag representing In Director 21-Jan-2014Current
Pradeepbhai Jha Country flag representing In Director 28-May-2002Current

Financial Performance of Aksharchem (India ).

Aksharchem (India ) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.12% decrease. The company also saw a substantial fall in profitability, with a 105.92% decrease in profit. The company's net worth dipped by a decrease of 0.48%.

Aksharchem (India ) revenue growth over time
Aksharchem (India ) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-12.12%
Revenue from Operations
-12.01%
Total Assets
-10.03%
Profit or Loss
-105.92%
Net Worth
-0.48%
EBITDA
-51.41%

What is the Ownership and Shareholding Structure of Aksharchem (India )?

In 2023, Aksharchem (India ) had a promoter holding of 62.69% and a public holding of 37.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹149.78 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 54.89 Cr
  • State Bank Of India : 54.89 Cr
  • Hdfc Bank Limited : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2021Hdfc Bank Limited₹40.00 CrOpen
23 May 2000Others₹54.89 CrOpen
26 Nov 1992State Bank Of India₹54.89 CrOpen

How Many Employees Work at Aksharchem (India )?

Aksharchem (India ) has a workforce of 165 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Aksharchem (India ) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aksharchem (India ), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aksharchem (India )'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aksharchem (India )

Recent activity within the organization

  • Director Appointment

    Mehul Chandulal Naliyadhara was appointed as a Company Secretary was appointed as a Company Secretary on 02 Feb 2024 & has been associated with this company since 1 year 28 days .

  • Annual General Meeting

    Aksharchem (India ) Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Aksharchem (India ) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 16 Nov 2021 with Charge ID 100505107 was modified on 31 Jan 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100505107 was registered on 16 Nov 2021.

  • Director Appointment

    Ashok Dolatsinh Barot was appointed as a Director was appointed as a Director on 28 Mar 2019 & has been associated with this company since 5 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Aksharchem (India ) Limited?

    Aksharchem (India ) Limited was incorporated on 04 Jul 1989.

  • What is authorized share capital and paid-up capital of Aksharchem (India ) Limited?

    The authorized share capital of Aksharchem (India ) Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.03 Cr.

  • Who are the current board members & directors of Aksharchem (India ) Limited?

    Currently 10 directors are associated with Aksharchem (India ) Limited.

    • Paru Mrugesh Jaykrishna
    • Hardik Satishbhai Shah
    • Mehul Chandulal Naliyadhara
    • Ashok Dolatsinh Barot
    • Maitri Kirankumar Mehta
    • Munjal Mrugesh Jaykrishna
    • Gokul Mrugesh Jaykrishna
    • Gautamkumar Mithalal Jain
    • Jigar Mukesh Patel
    • Pradeepbhai Jasubhai Jha

  • What is the registered address of Aksharchem (India ) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aksharchem (India ) Limited is "Akshar House", Chhatral - Kadi Road, Indrad, Gujarat, India, 382715.

  • What is the corporate identification number (CIN) and company number of Aksharchem (India ) Limited?

    The corporate identification number (CIN) of Aksharchem (India ) Limited is L24110GJ1989PLC012441 and the company number is 012441 as per Ministry of Corporate Affairs (MCA).

  • Is Aksharchem (India ) Limited registered with any stock exchange in India?

    Yes, Aksharchem (India ) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AKSHARCHEM.

  • What is the official website of Aksharchem (India ) Limited?

    The Official website of Aksharchem (India ) Limited is https://www.aksharchemindia.com

  • What has been the recent revenue trend for Aksharchem (India ) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aksharchem (India ) Limited has fallen by -12.12%.

  • How many employees does Aksharchem (India ) Limited currently have?

    As Per 2023 financial reports, 165 employees are currently employed by Aksharchem (India ) Limited.

  • What change has been observed in the net worth of Aksharchem (India ) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aksharchem (India ) Limited has experienced an downturn of -0.48%.

  • What are the total open charges for Aksharchem (India ) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aksharchem (India ) Limited amount to ₹ 149.78 Cr.

  • When was the last Balance Sheet of Aksharchem (India ) Limited filed with the ROC?

    The most recent Balance Sheet for Aksharchem (India ) Limited was filed with the ROC on 31 Mar 2023.

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