Axiom Energy Conversion Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.08 Cr
- Company Age 27 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- 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 five 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.08 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. Nishad Khanolkar, Kiran Patel, Krishna Patel, and Two 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
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohanlal Purohit  | Managing Director | 12-Sep-1997 | Current |
| Sunita Gouda | Company Secretary | 10-Jun-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahesh Purohit | Whole-Time Director | 02-Nov-2021 | Current |
| Nishad Khanolkar | Nominee Director | 25-Jun-2022 | Current |
Kiran Patel  | Nominee Director | 02-Nov-2021 | Current |
| Krishna Patel | Director | 28-Dec-2022 | Current |
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%.
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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.
Related Corporates (Common Directorship)
Solace Healthcare Private LimitedKiran Patel is a mutual person
Shaktikrupa Charitable AssociationKiran Patel is a mutual person
Rudraksh Academy Private LimitedKiran Patel and Krishna Patel are mutual person
Magenta Ev Solutions Private LimitedKiran Patel is a mutual person
Axiom Ev Products Private LimitedMahesh Purohit and Mohanlal Purohit are mutual person
Anupam Rasayan India LimitedKiran Patel is a mutual person
Charges (Loans)
₹51.23 Cr
₹14.59 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 51.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2018 | Hdfc Bank Limited | ₹1.84 M | Open |
| 24 Jun 2015 | Hdfc Bank Limited | ₹51.04 Cr | Open |
| 25 Mar 2019 | Others | ₹5.00 Cr | Satisfied |
| 13 Nov 2017 | Others | ₹8.76 M | Satisfied |
| 25 Oct 2017 | Hdfc Bank Limited | ₹1.72 M | Satisfied |
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.
Deals i
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
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.
