Axiom Energy Conversion Limited

Manufacturer of SMPS power supplies for telecom, home appliances, and electric vehicles.

1997 | Hyderabad, Telangana (India) | Active
Last Updated:

Axiom Energy Conversion Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 9.65 Cr
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.23 Cr
  • Satisfied Charges ₹ 14.59 Cr
  • Revenue Growth 138.16%
  • Profit Growth 384.35%
  • Ebitda 68.96%
  • Net Worth 45.36%
  • Total Assets 40.20%

About Axiom Energy Conversion

Axiom Energy Conversion Limited (AECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 September 1997 and has a history of 27 years and six months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Axiom Energy Conversion Private Limited. The Company is engaged in the Information Technology 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 11.00 Cr and a paid-up capital of Rs 9.65 Cr.

The company currently has active open charges totaling ₹51.23 Cr. The company has closed loans amounting to ₹14.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Axiom Energy Conversion Limited India is Sunita Gouda as COMPANY SECRETARY. Mohanlal Purohit, Sreedhar Kanuri, Sarath Jutur, and Four other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40108TG1997PLC027946

  • Company No.

    027946

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Axiom Energy Conversion Limited offer?

Axiom Energy Conversion Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Automotive Battery Charger, Process Control Systems & Equipments, Motor Controllers, Inverters, UPS and Converters, Power Supply Systems, Domestic RO Water Purifier & Filters, Domestic RO Components, Electronic Ballasts, Electric Converters.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Mohanlal Purohit Country flag representing In Managing Director12-Sep-1997Current
Sunita Gouda Company Secretary10-Jun-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Mahesh Purohit Country flag representing In Whole-Time Director 02-Nov-2021Current
Sreedhar Kanuri Country flag representing In Director 30-Mar-2024Current
Sarath Jutur Country flag representing In Director 30-Mar-2024Current
Nishad Khanolkar Country flag representing In Nominee Director 25-Jun-2022Current
Kiran Patel Country flag representing Us Nominee Director 02-Nov-2021Current
Krishna Patel Country flag representing In Director 28-Dec-2022Current

Financial Performance of Axiom Energy Conversion.

Axiom Energy Conversion Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 138.16% increase. The company also saw a substantial improvement in profitability, with a 384.35% increase in profit. The company's net worth Soared by an impressive increase of 45.36%.

Axiom Energy Conversion revenue growth over time
Axiom Energy Conversion 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
138.16%
Revenue from Operations
140.89%
Total Assets
40.20%
Profit or Loss
384.35%
Net Worth
45.36%
EBITDA
68.96%

What is the Ownership and Shareholding Structure of Axiom Energy Conversion?

In 2023, Axiom Energy Conversion had a promoter holding of 32.24% and a public holding of 67.76%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.23 Cr

Satisfied Charges

₹14.59 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 51.23 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2018Hdfc Bank Limited₹1.84 MOpen
24 Jun 2015Hdfc Bank Limited₹51.04 CrOpen
25 Mar 2019Others₹5.00 CrSatisfied
13 Nov 2017Others₹8.76 MSatisfied
25 Oct 2017Hdfc Bank Limited₹1.72 MSatisfied

How Many Employees Work at Axiom Energy Conversion?

Axiom Energy Conversion has a workforce of 253 employees as of Apr 08, 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 Energy Conversion Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Axiom Energy Conversion Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Axiom Energy Conversion Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Sreedhar Babu Kanuri was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 11 months 29 days .

  • Director Appointment

    Sarath Kumar Jutur was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 11 months 29 days .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 51.04 Cr registered on 24 Jun 2015 with Charge ID 10578030 was modified on 15 Dec 2023.

  • Charges

    A charge registered on 25 Oct 2017 via Charge ID 100133666 with Hdfc Bank Limited was fully satisfied on 18 Oct 2023.

Frequently asked questions

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

    Axiom Energy Conversion Limited was incorporated on 12 Sep 1997.

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

    The authorized share capital of Axiom Energy Conversion Limited is ₹ 11.00 Cr and paid-up capital is ₹ 9.65 Cr.

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

    Currently 8 directors are associated with Axiom Energy Conversion Limited.

    • Mohanlal Jesaji Purohit
    • Sreedhar Babu Kanuri
    • Sarath Kumar Jutur
    • Mahesh Kumar Purohit
    • Sunita Gouda
    • Nishad Anand Khanolkar
    • Kiran Chhotubhai Patel
    • Krishna Jagdishbhai Patel

  • What is the registered address of Axiom Energy Conversion Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Axiom Energy Conversion Limited is Plot No.207/4 5Ida Phase Ii Cherlapally India, Hyderabad, Telangana, 500051.

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

    The corporate identification number (CIN) of Axiom Energy Conversion Limited is U40108TG1997PLC027946 and the company number is 027946 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Axiom Energy Conversion Limited?

    The Official website of Axiom Energy Conversion Limited is https://www.axiomenergy.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Axiom Energy Conversion Limited has risen by 138.16%.

  • How many employees does Axiom Energy Conversion Limited currently have?

    As Per 2023 financial reports, 253 employees are currently employed by Axiom Energy Conversion Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Axiom Energy Conversion Limited has experienced an upsurge of 45.36%.

  • What are the total open charges for Axiom Energy Conversion Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Axiom Energy Conversion Limited amount to ₹ 51.23 Cr.

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

    The most recent Balance Sheet for Axiom Energy Conversion Limited was filed with the ROC on 31 Mar 2024.

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