Axtel Industries Limited

Manufacturer and trader of food processing equipment for various industries, offering complete process plants and individual equipment.

1991 | Panch Mahals, Gujarat (India) | Active
Last Updated:

Axtel Industries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 16.15 Cr
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 eight 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 2024. 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

    01 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

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.

Company report

Axtel Industries Limited

Explore comprehensive data for Axtel Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Axtel Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajendra Bhavsar Country flag representing In CFO10-Mar-2016Current
Prerna Bokil Country flag representing In Company Secretary30-Mar-2015Current

Board Members (7)

NameDesignationAppointment DateStatus
Paresh Rajda Country flag representing In Director 03-May-2024Current
Ajay Desai Country flag representing In Whole-Time Director 28-Aug-1991Current
Ameet Parikh Country flag representing In Director 01-Dec-2009Current
Nimish Rohitkumar Country flag representing In Director 05-Nov-2018Current
Ajay Parikh Country flag representing In Whole-Time Director 28-Aug-1991Current
Ajitsingh Bubber Country flag representing In Director 01-Apr-1995Current

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%.

Axtel Industries revenue growth over time
Axtel Industries 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
24.94%
Revenue from Operations
25.11%
Total Assets
36.90%
Profit or Loss
25.09%
Net Worth
18.97%
EBITDA
33.73%

What is the Ownership and Shareholding Structure of Axtel Industries?

In 2024, Axtel Industries had a promoter holding of 49.95% and a public holding of 50.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 Cr

Satisfied Charges

₹43.26 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2010Others₹50.00 CrOpen
18 Oct 2019Others₹25.00 CrSatisfied
19 Mar 2018Yes Bank Limited₹1.40 CrSatisfied
31 Aug 2009State Bank Of India₹8.00 CrSatisfied
22 Jul 2008Abn Amro Bank N.V.₹5.00 CrSatisfied

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.

Employee growth trends for Axtel Industries Limited

Deals i

Graph showing company valuation over time

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

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 Axtel Industries

Recent activity within the organization

  • Annual General Meeting

    Axtel Industries Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.

  • Director Appointment

    Paresh Jaisinh Rajda was appointed as a Director was appointed as a Director on 03 May 2024 & has been associated with this company since 1 year 11 days .

  • Balance Sheet

    Axtel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 28 Sep 2010 with Charge ID 10245352 was modified on 22 Nov 2023.

  • Charges

    A charge registered on 19 Mar 2018 via Charge ID 100169190 with Yes Bank Limited was fully satisfied on 12 Apr 2023.

  • Charges

    A charge registered on 18 Oct 2019 via Charge ID 100315556 with Others was fully satisfied on 18 Feb 2021.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Axtel Industries Limited?

    Axtel Industries Limited was incorporated on 28 Aug 1991.

  • What is authorized share capital and paid-up capital of Axtel Industries Limited?

    The authorized share capital of Axtel Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 16.15 Cr.

  • Who are the current board members & directors of Axtel Industries Limited?

    Currently 9 directors are associated with Axtel Industries Limited.

    • Ameet Nalin Parikh
    • Nimish Patel Rohitkumar
    • Ajay Naishad Desai
    • Ajay Nalin Parikh
    • Ajitsingh Mohansingh Bubber
    • Paresh Jaisinh Rajda
    • Deepti Sharma
    • Rajendra Kantilal Bhavsar
    • Prerna Sudeep Bokil

  • What is the registered address of Axtel Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Axtel Industries Limited is Vadodara Halol Highway India, Baska, Gujarat, 389350.

  • What is the corporate identification number (CIN) and company number of Axtel Industries Limited?

    The corporate identification number (CIN) of Axtel Industries Limited is L91110GJ1991PLC016185 and the company number is 016185 as per Ministry of Corporate Affairs (MCA).

  • Is Axtel Industries Limited registered with any stock exchange in India?

    Yes, Axtel Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Axtel Industries Limited?

    The Official website of Axtel Industries Limited is https://www.axtelindia.com

  • What has been the recent revenue trend for Axtel Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Axtel Industries Limited has risen by 24.94%.

  • How many employees does Axtel Industries Limited currently have?

    As Per 2023 financial reports, 206 employees are currently employed by Axtel Industries Limited.

  • What change has been observed in the net worth of Axtel Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Axtel Industries Limited has experienced an upsurge of 18.97%.

  • What are the total open charges for Axtel Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Axtel Industries Limited amount to ₹ 50.00 Cr.

  • When was the last Balance Sheet of Axtel Industries Limited filed with the ROC?

    The most recent Balance Sheet for Axtel Industries Limited was filed with the ROC on 31 Mar 2024.

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