Axiom Cordages Limited

Manufactures synthetic ropes for various industries and exports to international markets.

1999 | Thane, Maharashtra (India) | Merged
Last Updated:

Axiom Cordages Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 32.88 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 122.21 Cr
  • Revenue Growth 15.37%
  • Profit Growth -80.10%
  • Ebitda -92.47%
  • Net Worth 0.53%
  • Total Assets 0.43%

About Axiom Cordages

Axiom Cordages Limited (ACL) is Amalgamated company established on 15 Apr 1999 with its office registered at Thane, Maharashtra, India and has been running since 25 Year, 11 Months with a paid up capital of 32.88 Cr. According to MCA records, 5 Directors and 3 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1999PLC119427

  • Company No.

    119427

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1999

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Axiom Cordages Limited offer?

Axiom Cordages Limited offers a wide range of products and services, including Engineering and Shipping Ropes, Fibre Rope, Plastic Ropes, Marine Tools & Equipments, Marine Fittings, Twine, Wire Ropes, Rope.

Who are the key members and board of directors at Axiom Cordages?

Executive Team (3)

NameDesignationAppointment DateStatus
Mehul Vala Country flag representing In CEO27-Sep-2019Current
Bhavneet Chadha CFO02-Jun-2023Current
Mohini Sharma Country flag representing In Company Secretary14-Nov-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Sanjiv Swarup Country flag representing In Director 27-Jan-2023Current
Rishabh Agarwal Country flag representing In Director 02-May-2018Current
Mita Jha Country flag representing In Additional Director 02-May-2022Current
Mehul Vala Country flag representing In Whole-Time Director and Ceo 24-May-2019Current
Sadanand Morab Country flag representing In Director 14-Nov-2022Current

Financial Performance of Axiom Cordages.

Axiom Cordages Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.37% increase. The company also saw a substantial fall in profitability, with a 80.1% decrease in profit. The company's net worth moved up by a moderate rise of 0.53%.

Axiom Cordages revenue growth over time
Axiom Cordages 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
15.37%
Revenue from Operations
18.98%
Total Assets
0.43%
Profit or Loss
-80.10%
Net Worth
0.53%
EBITDA
-92.47%

What is the Ownership and Shareholding Structure of Axiom Cordages?

In 2022, Axiom Cordages had a promoter holding of 97.85% and a public holding of 2.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹122.21 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 56.00 Cr
  • Ing Vysya Bank Limited : 35.00 Cr
  • Il & Fs Trust Company Limited : 31.21 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2011Ing Vysya Bank Limited₹35.00 CrSatisfied
06 Apr 2009Il & Fs Trust Company Limited₹31.21 CrSatisfied
11 Sep 2008State Bank Of India₹56.00 CrSatisfied

How Many Employees Work at Axiom Cordages?

Axiom Cordages has a workforce of 44 employees as of Apr 05, 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 Axiom Cordages Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Axiom Cordages, 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 Axiom Cordages'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 Axiom Cordages

Recent activity within the organization

  • Annual General Meeting

    Axiom Cordages Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

  • Director Appointment

    Bhavneet Singh Chadha was appointed as a Cfo was appointed as a Cfo on 02 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Axiom Cordages Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Sanjiv Swarup was appointed as a Director was appointed as a Director on 27 Jan 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Sadanand Raghavendra Morab was appointed as a Director was appointed as a Director on 14 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Mohini Purshottam Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 14 Nov 2022 & has been associated with this company since 2 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Axiom Cordages Limited?

    Axiom Cordages Limited was incorporated on 15 Apr 1999.

  • What is authorized share capital and paid-up capital of Axiom Cordages Limited?

    The authorized share capital of Axiom Cordages Limited is ₹ 80.00 Cr and paid-up capital is ₹ 32.88 Cr.

  • Who are the current board members & directors of Axiom Cordages Limited?

    Currently 8 directors are associated with Axiom Cordages Limited.

    • Sanjiv Swarup
    • Rishabh Rajkumar Agarwal
    • Mita Namonath Jha
    • Mehul Laljibhai Vala
    • Sadanand Raghavendra Morab
    • Mehul Laljibhai Vala
    • Bhavneet Singh Chadha
    • Mohini Purshottam Sharma

  • What is the registered address of Axiom Cordages Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Axiom Cordages Limited is Gut No 114 B 120 Cbetegoan Village Boisar East India, Thane, Maharashtra, 401501.

  • What is the corporate identification number (CIN) and company number of Axiom Cordages Limited?

    The corporate identification number (CIN) of Axiom Cordages Limited is U25209MH1999PLC119427 and the company number is 119427 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Axiom Cordages Limited?

    The Official website of Axiom Cordages Limited is https://www.axiomcordages.com

  • What has been the recent revenue trend for Axiom Cordages Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Axiom Cordages Limited has risen by 15.37%.

  • How many employees does Axiom Cordages Limited currently have?

    As Per 2023 financial reports, 44 employees are currently employed by Axiom Cordages Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Axiom Cordages Limited has experienced an upsurge of 0.53%.

  • When was the last Balance Sheet of Axiom Cordages Limited filed with the ROC?

    The most recent Balance Sheet for Axiom Cordages Limited was filed with the ROC on 31 Mar 2023.

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