Axtel Industries Limited logo

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:

July 18, 2024
HomeCompanyAxtel Industries Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Rajendra Bhavsar InCFO10-Mar-2016Current
Prerna Bokil InCompany Secretary30-Mar-2015Current

Board Members(7)

NameDesignationAppointment DateStatus
Paresh Rajda In Additional Director 16-May-2024Current
Ajay Desai In Whole-Time Director 28-Aug-1991Current
Ameet Parikh In Director 01-Dec-2009Current
Nimish Rohitkumar In Director 05-Nov-2018Current
Ajay Parikh In Whole-Time Director 28-Aug-1991Current
Ajitsingh Bubber In Director 01-Apr-1995Current

Financial Performance and Corporate Structure Insights 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%.

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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
24.94%
Revenue from Operations
25.11%
Total Assets
36.90%
Profit or Loss
25.09%
Net Worth
18.97%
EBITDA
33.73%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹50.00 Cr

₹43.26 Cr

LenderAmountStatus

Others

Creation Date: 28 Sep 2010
₹50.00 CrOpen

Others

Creation Date: 18 Oct 2019
₹25.00 CrSatisfied

Yes Bank Limited

Creation Date: 19 Mar 2018
₹1.40 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.

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Latest Updates, News, and FAQs on Axtel Industries

Recent activity within the organization

  • Director Appointment

    Paresh Jaisinh Rajda was appointed as a Additional Director was appointed as a Additional Director on 16 May 2024 & has been associated with this company since 7 months 4 days .

    16 May 2024

  • 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.

    22 Nov 2023

  • Annual General Meeting

    Axtel Industries Limited last Annual general meeting of members was held on 10 Jul 2023 as per latest MCA records.

    10 Jul 2023

  • Charges

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

    12 Apr 2023

  • Balance Sheet

    Axtel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

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

    18 Feb 2021

Frequently asked questions

  • Axtel Industries Limited was incorporated on 28 Aug 1991.

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

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

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

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

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

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

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

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

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

  • The most recent Balance Sheet for Axtel Industries Limited was filed with the ROC on 31 Mar 2023.

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