Axel Polymers Limited logo

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:

July 10, 2024
HomeCompanyAxel Polymers Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Gaurav Thanky InManaging Director01-Jun-2014Current
Jigardan Gadhvi InCompany Secretary04-Apr-2019Current
Aarasp Bodhanwala InCFO01-Oct-2017Current

Board Members(4)

NameDesignationAppointment DateStatus
Minnie Bodhanwala In Director 28-Feb-2002Current
Aarasp Bodhanwala In Whole-Time Director and Cfo 01-Mar-1993Current
Umang Dasani In Director 14-Nov-2022Current
Haresh Kothari In Director 19-Aug-2021Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹58.39 Cr

₹28.24 Cr

LenderAmountStatus

Others

Creation Date: 09 Dec 2021
₹8.50 MOpen

Others

Creation Date: 02 Jan 2004
₹27.77 CrOpen

Others

Creation Date: 11 Jun 1994
₹29.77 CrOpen

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.

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Latest Updates, News, and FAQs on Axel Polymers

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 29.77 Cr registered on 11 Jun 1994 with Charge ID 90109150 was modified on 09 Nov 2023.

    09 Nov 2023

  • Annual General Meeting

    Axel Polymers Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others of Rs. 27.77 Cr registered on 02 Jan 2004 with Charge ID 90108008 was modified on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge registered on 20 Jan 2010 via Charge ID 10200774 with Bank Of India was fully satisfied on 27 Apr 2023.

    27 Apr 2023

  • Balance Sheet

    Axel Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Umang Hasmukhbhai Dasani was appointed as a Director was appointed as a Director on 14 Nov 2022 & has been associated with this company since 2 years 1 month .

    14 Nov 2022

Frequently asked questions

  • Axel Polymers Limited was incorporated on 21 May 1992.

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

  • Currently 7 directors are associated with Axel Polymers Limited.

    • Aarasp Bejan Bodhanwala
    • Minnie Aarasp Bodhanwala
    • Gaurav Surendrakumar Thanky
    • Jigardan Ajitdan Gadhvi
    • Umang Hasmukhbhai Dasani
    • Haresh Padamshi Kothari
    • Aarasp Bejan Bodhanwala
  • 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, Vadodara, Gujarat, India, 391780.

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

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

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

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

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

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

  • As per the financial statements for fiscal Year 2023, The total open charges for Axel Polymers Limited amount to ₹ 58.39 Cr.

  • The most recent Balance Sheet for Axel Polymers Limited was filed with the ROC on 31 Mar 2023.

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