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Axles India Limited

Manufacturer of axle housings for MHCVs, serving top clients and exporting globally.
1981 | Chennai, Tamil Nadu (India) | Active

Last Updated:

November 16, 2024
HomeCompanyAxles India Limited

Who are the key members and board of directors at Axles India?

Executive Team (3)

NameDesignationAppointment DateStatus
Madhavan Varadarajan InManaging Director06-Jul-2016Current
Yegnanarayanan Krishnamoorthy InCFO01-Jul-2014Current
Bharathi C InCompany Secretary01-Apr-2021Current

Board Members(6)

NameDesignationAppointment DateStatus
Srivats Ram In Director 29-Jun-2006Current
Sandeep Khullar In Director 09-Aug-2023Current
Santhanam Ram In Director 18-Feb-1981Current
Gajanan Gandhe Us Director 31-Jul-2019Current
Niveditaram In Additional Director 09-Aug-2024Current
Rafael Pinedo Es Director 21-Dec-2011Current

Financial Performance and Corporate Structure Insights of Axles India.

Axles India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.32% increase. The company also saw a substantial improvement in profitability, with a 55.6% increase in profit. The company's net worth Soared by an impressive increase of 20.36%.

Revenue Growth Graph
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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
30.32%
Revenue from Operations
31.04%
Total Assets
11.95%
Profit or Loss
55.60%
Net Worth
20.36%
EBITDA
57.63%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹110.72 Cr

₹343.20 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 01 Mar 2023
₹20.00 CrOpen

Hdfc Bank Limited

Creation Date: 09 Apr 2019
₹90.00 CrOpen

Indian Overseas Bank

Creation Date: 21 Sep 1994
₹2.00 MOpen

How Many Employees Work at Axles India?

Axles India has a workforce of 999 employees as of Apr 03, 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 Axles India

Recent activity within the organization

  • Director Appointment

    Niveditaram was appointed as a Additional Director was appointed as a Additional Director on 09 Aug 2024 & has been associated with this company since 4 months 13 days .

    09 Aug 2024

  • Annual General Meeting

    Axles India Limited last Annual general meeting of members was held on 24 Jun 2024 as per latest MCA records.

    24 Jun 2024

  • Balance Sheet

    Axles India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 01 Oct 1990 via Charge ID 90292047 with The Industrial Credit & Investment Co Of India Ltd was fully satisfied on 19 Jun 2023.

    19 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100681602 was registered on 01 Mar 2023.

    01 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 90.00 Cr registered on 09 Apr 2019 with Charge ID 100262481 was modified on 12 Jan 2022.

    12 Jan 2022

Frequently asked questions

  • Axles India Limited was incorporated on 18 Feb 1981.

  • The authorized share capital of Axles India Limited is ₹ 32.00 Cr and paid-up capital is ₹ 25.48 Cr.

  • Currently 9 directors are associated with Axles India Limited.

    • Santhanam Ram
    • Srivats Ram
    • Gajanan Vithal Gandhe
    • Niveditaram
    • Rafael Ricardo Aquique Pinedo
    • Madhavan Varadarajan
    • Sandeep Bhim Khullar
    • Yegnanarayanan Krishnamoorthy
    • Bharathi C
  • As per Ministry of Corporate Affairs (Mca), the registered address of Axles India Limited is 21 Patullos Road Madras India, Chennai, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Axles India Limited is U27209TN1981PLC008630 and the company number is 008630 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Axles India Limited is https://www.axlesindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Axles India Limited has risen by 30.32%.

  • As Per 2023 financial reports, 999 employees are currently employed by Axles India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Axles India Limited has experienced an upsurge of 20.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Axles India Limited amount to ₹ 110.72 Cr.

  • The most recent Balance Sheet for Axles India Limited was filed with the ROC on 31 Mar 2024.

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