Axtel Industries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 16.15 Cr
- Company Age 33 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.00 Cr
- Satisfied Charges ₹ 43.26 Cr
- Revenue Growth 24.94%
- Profit Growth 25.09%
- Ebitda 33.73%
- Net Worth 18.97%
- Total Assets 36.90%
About Axtel Industries
Axtel Industries Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 August 1991 and has a history of 33 years and five months. Its registered office is in Panch Mahals, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523850.
The Corporate was formerly known as Advanced Extrufoil Technology And Exports Ltd. The Company is engaged in the Machinery And Equipment 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 20.00 Cr and a paid-up capital of Rs 16.15 Cr.
The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹43.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Axtel Industries Limited India are Rajendra Bhavsar as CFO and Prerna Bokil as Company Secretary. Ameet Parikh, Nimish Rohitkumar, Ajay Desai, and Four other members serve as directors at the Company.
Company Details
- Location
Panch Mahals, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L91110GJ1991PLC016185
- Company No.
016185
- Stock Symbol
BSE : 523850
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Aug 1991
- Date of AGM
10 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Axtel Industries Limited offer?
Axtel Industries Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Cold Storage System.
Who are the key members and board of directors at Axtel Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendra Bhavsar  | CFO | 10-Mar-2016 | Current |
| Prerna Bokil | Company Secretary | 30-Mar-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Paresh Rajda | Additional Director | 16-May-2024 | Current |
| Ajay Desai | Whole-Time Director | 28-Aug-1991 | Current |
| Ameet Parikh | Director | 01-Dec-2009 | Current |
| Nimish Rohitkumar | Director | 05-Nov-2018 | Current |
| Ajay Parikh | Whole-Time Director | 28-Aug-1991 | Current |
| Ajitsingh Bubber | Director | 01-Apr-1995 | Current |
Financial Performance of Axtel Industries.
Axtel Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.94% increase. The company also saw a substantial improvement in profitability, with a 25.09% increase in profit. The company's net worth Soared by an impressive increase of 18.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Axtel Industries?
In 2023, Axtel Industries had a promoter holding of 49.95% and a public holding of 50.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Uttar Gujarat Vij Company LimitedDeepti Sharma is a mutual person
Punjab Steel Rolling Mills (Baroda) Private LimitedAjitsingh Bubber is a mutual person
India Capital Research And Advisors Private LimitedAmeet Parikh is a mutual person
Ambit Private LimitedAmeet Parikh is a mutual person
- Ambit Finvest Private Limited
Ameet Parikh is a mutual person
Bundy India LimitedDeepti Sharma is a mutual person
Charges (Loans)
₹50.00 Cr
₹43.26 Cr
Charges Breakdown by Lending Institutions
- Others : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2010 | Others | ₹50.00 Cr | Open |
| 18 Oct 2019 | Others | ₹25.00 Cr | Satisfied |
| 19 Mar 2018 | Yes Bank Limited | ₹1.40 Cr | Satisfied |
| 31 Aug 2009 | State Bank Of India | ₹8.00 Cr | Satisfied |
| 22 Jul 2008 | Abn Amro Bank N.V. | ₹5.00 Cr | Satisfied |
How Many Employees Work at Axtel Industries?
Axtel Industries has a workforce of 206 employees as of Jul 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Axtel Industries, 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 Axtel Industries'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.
