Axel Polymers Limited

Manufacturer of polymer compounds, blends, and alloys with 10,000 MTPA production capacity in Gujarat.

1992 | Vadodara, Gujarat (India) | Active
Last Updated:

Axel Polymers Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 8.52 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.08 Cr
  • Satisfied Charges ₹ 86.63 Cr
  • Revenue Growth 16.33%
  • Profit Growth 29.27%
  • Ebitda 24.56%
  • Net Worth 9.80%
  • Total Assets 0.46%

About Axel Polymers

Axel Polymers Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 May 1992 and has a history of 32 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513642.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 8.52 Cr.

The company currently has active open charges totaling ₹41.08 Cr. The company has closed loans amounting to ₹86.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Axel Polymers Limited India are Ashish Chaudhary as COMPANY SECRETARY and Tejas Bhatt as Cfo. Dhara Thanky, Gaurav Thanky, Haresh Kothari, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25200GJ1992PLC017678

  • Company No.

    017678

  • Stock Symbol

    BSE : 513642

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 May 1992

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Axel Polymers Limited offer?

Axel Polymers Limited offers a wide range of products and services, including Plastic Granules, ABS Plastic Granules, Polycarbonate, PBT Granules, PET Granules & Plastic Raw Material, PP Granules, Nylon Granule, Mosquito Net, Mosquito Bed Nets, SAN Granules.

Company report

Axel Polymers Limited

Explore comprehensive data for Axel Polymers Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Axel Polymers?

Executive Team (3)

NameDesignationAppointment DateStatus
Gaurav Thanky Country flag representing In Managing Director01-Jun-2014Current
Ashish Chaudhary Company Secretary03-Mar-2025Current
Tejas Bhatt CFO20-Jan-2025Current

Board Members (4)

NameDesignationAppointment DateStatus
Aarasp Bodhanwala Country flag representing In Director 01-Mar-1993Current
Dhara Thanky Country flag representing In Director 01-Oct-2024Current
Haresh Kothari Country flag representing In Director 19-Aug-2021Current
Umang Dasani Country flag representing In Director 14-Nov-2022Current

Financial Performance of Axel Polymers.

Axel Polymers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.33% increase. The company also saw a substantial improvement in profitability, with a 29.27% increase in profit. The company's net worth moved up by a moderate rise of 9.8%.

Axel Polymers revenue growth over time
Axel Polymers 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
16.33%
Revenue from Operations
16.83%
Total Assets
0.46%
Profit or Loss
29.27%
Net Worth
9.80%
EBITDA
24.56%

What is the Ownership and Shareholding Structure of Axel Polymers?

In 2022, Axel Polymers had a promoter holding of 61.90% and a public holding of 38.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.08 Cr

Satisfied Charges

₹86.63 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.08 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2024Hdfc Bank Limited₹2.34 MOpen
16 Apr 2024Hdfc Bank Limited₹40.84 CrOpen
09 Dec 2021Others₹8.50 MSatisfied
20 Jan 2010Bank Of India₹17.94 CrSatisfied
02 Jan 2004Others₹27.77 CrSatisfied

How Many Employees Work at Axel Polymers?

Axel Polymers has a workforce of 70 employees as of Apr 09, 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 Axel Polymers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Axel Polymers, 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 Axel Polymers'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 Axel Polymers

Recent activity within the organization

  • Director Appointment

    Ashish Chaudhary was appointed as a Company Secretary was appointed as a Company Secretary on 03 Mar 2025 & has been associated with this company since 2 months 2 days .

  • Director Appointment

    Tejas Batukrai Bhatt was appointed as a Cfo was appointed as a Cfo on 20 Jan 2025 & has been associated with this company since 3 months 13 days .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100982109 was registered on 01 Oct 2024.

  • Director Appointment

    Dhara Gaurav Thanky was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 7 months 2 days .

  • Annual General Meeting

    Axel Polymers Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 09 Dec 2021 via Charge ID 100530764 with Others was fully satisfied on 03 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Axel Polymers Limited?

    Axel Polymers Limited was incorporated on 21 May 1992.

  • What is authorized share capital and paid-up capital of Axel Polymers Limited?

    The authorized share capital of Axel Polymers Limited is ₹ 16.00 Cr and paid-up capital is ₹ 8.52 Cr.

  • Who are the current board members & directors of Axel Polymers Limited?

    Currently 7 directors are associated with Axel Polymers Limited.

    • Dhara Gaurav Thanky
    • Gaurav Surendrakumar Thanky
    • Haresh Padamshi Kothari
    • Ashish Chaudhary
    • Tejas Batukrai Bhatt
    • Umang Hasmukhbhai Dasani
    • Aarasp Bejan Bodhanwala

  • What is the registered address of Axel Polymers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Axel Polymers Limited is S No 309 Vil-Mokshi Sankarda-Savli Road Tal-Savli, India, Vadodara, Gujarat, 391780.

  • What is the corporate identification number (CIN) and company number of Axel Polymers Limited?

    The corporate identification number (CIN) of Axel Polymers Limited is L25200GJ1992PLC017678 and the company number is 017678 as per Ministry of Corporate Affairs (MCA).

  • Is Axel Polymers Limited registered with any stock exchange in India?

    Yes, Axel Polymers Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Axel Polymers Limited?

    The Official website of Axel Polymers Limited is https://www.axelindia.com

  • What has been the recent revenue trend for Axel Polymers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Axel Polymers Limited has risen by 16.33%.

  • How many employees does Axel Polymers Limited currently have?

    As Per 2023 financial reports, 70 employees are currently employed by Axel Polymers Limited.

  • What change has been observed in the net worth of Axel Polymers Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Axel Polymers Limited has experienced an upsurge of 9.80%.

  • What are the total open charges for Axel Polymers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Axel Polymers Limited amount to ₹ 41.08 Cr.

  • When was the last Balance Sheet of Axel Polymers Limited filed with the ROC?

    The most recent Balance Sheet for Axel Polymers Limited was filed with the ROC on 31 Mar 2024.

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