Axiom Cordages Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 32.88 Cr
- Company Age 25 Year, 10 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
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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mehul Vala  | CEO | 27-Sep-2019 | Current |
| Bhavneet Chadha | CFO | 02-Jun-2023 | Current |
| Mohini Sharma | Company Secretary | 14-Nov-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjiv Swarup | Director | 27-Jan-2023 | Current |
| Rishabh Agarwal | Director | 02-May-2018 | Current |
| Mita Jha | Additional Director | 02-May-2022 | Current |
| Mehul Vala | Whole-Time Director and Ceo | 24-May-2019 | Current |
| Sadanand Morab | Director | 14-Nov-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Responsive Industries LimitedSanjiv Swarup, Rishabh Agarwal and 6 more are mutual person
Abans Enterprises LimitedSanjiv Swarup is a mutual person
Brady And Morris Engineering Company LimitedMita Jha is a mutual person
Josts Engineering Comapny LimitedSanjiv Swarup is a mutual person
Abans Jewels LimitedSanjiv Swarup is a mutual person
Bharat Wire Ropes LimitedSanjiv Swarup is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2011 | Ing Vysya Bank Limited | ₹35.00 Cr | Satisfied |
| 06 Apr 2009 | Il & Fs Trust Company Limited | ₹31.21 Cr | Satisfied |
| 11 Sep 2008 | State Bank Of India | ₹56.00 Cr | Satisfied |
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.
Deals i
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
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
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.
