Axles India Limited logo

Axles India Limited

Manufacturer of axle housings for MHCVs, serving top clients and exporting globally.

1981 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

5 days ago

The business of manufacturing axle housings for the MHCV segment is carried out by Axles India Limited. Drive axle housings, trailer axle beams, and hub reduction axle housings for MHCV's are all manufactured by the company. AIL's impressive clientele includes well-known names such as Tata Motors, Ashok Leyland, VE Commercial Vehicles, Dana India Private Limited, SML Isuzu, Mahindra Trucks and Buses, and Daimler India Commercial Vehicles. In addition, AIL also exports its products to Dana, USA and Volvo Trucks Asia. The company's state-of-the-art manufacturing facilities are located in Sriperumbudur and Cheyyar. AIL takes pride in being an ISO/TS16949:2009 and ISO 14001:2004 certified company, ensuring the highest quality standards for its products.

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNU27209TN1981PLC008630
Company No.008630
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date18 Feb 1981
Date of AGM30 Jun 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Products or Services related to Axles India Limited

Tag Axle Housings

Axle

Rear Axle Housings - Exports

Axle Housing

Power Brake Booster

Brake Parts

Throttle Body

Air Intake System & Parts

product
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Axles India Limited offers a wide range of products and services, including: Commercial Vehicle Spare Parts, Axle, Axle Housing, Brakes & Braking Systems, Brake Parts, Air Intakes, Exhaust Systems & Parts, Air Intake System & Parts, Sensors & Transducers, Flow Sensors, Automobile Electrical Components.

Financials of Axles India Limited

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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%.

Enhance accessibility to Axles India's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in Axles India Limited

Executive Team (3)

  • MV

    Madhavan Varadarajan In Managing Director

    Appointment Date: 06-Jul-2016

    Status: Current

  • YK

    Yegnanarayanan Krishnamoorthy In CFO

    Appointment Date: 01-Jul-2014

    Status: Current

  • BC

    Bharathi C In Company Secretary

    Appointment Date: 01-Apr-2021

    Status: Current

Board Members(5)

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

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Axles India Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.

    30 Jun 2023
  • Activity

    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
  • Activity

    Balance Sheet

    Axles India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    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
  • Activity

    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

What is the Incorporation or founding date of Axles India Limited?

Axles India Limited was incorporated 43 years 2 months ago on 18 Feb 1981 with Registrar of Companies Roc Chennai.

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