Hurun India Rich List 2026 edition · 1 director
- #1,545 Virendra Gandhi & family ₹1,300 Cr
Axilrod Private Limited
Axilrod Private Limited - food and beverages in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Active Private Limited Company food and beverages
Revenue · FY 2025
₹5.39 Lakh
▼ 46% YoY
Net loss · FY 2025
₹1.2 Lakh
Net margin -22.2%
EBITDA · FY 2025
-₹1.2 Lakh
EBITDA margin -22.2%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹4.41 Lakh
Issued & subscribed
Company age
37 yrs
Est. 1989
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Axilrod Private Limited
Data last updated:
Axilrod Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 27 June 1989 and has been in existence for over 37 years.
Its director Virendra Gandhi and family are #1,545 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ1989PTC012425. Its GSTIN is 24AABCV1563B1ZU (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹4.41 Lakh. It was formerly known as Vortex Ice-Cream Private Limited. It is led by directors including Ila Virendrabhai Gandhi and Virendrabhai Ramchandra Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.39 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Lakh (net margin -22.2%) and EBITDA of -₹1.2 Lakh (EBITDA margin -22.2%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 14% over five years.
Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Axilrod Private Limited
CIN U52100GJ1989PTC012425
Registration Number 012425
Incorporation Date 27 June 1989
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN History of Axilrod Private Limited
Axilrod has one previous CIN (Corporate Identification Number): U15200GJ1989PTC012425. The current CIN is U52100GJ1989PTC012425, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100GJ1989PTC012425 | Current |
| U15200GJ1989PTC012425 | Previous |
Key People
Ila Virendrabhai Gandhi Director Virendrabhai Ramchandra Gandhi Director Jaina Janmejay Gandhi Director Recognitions & Rankings of Axilrod
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressAashiyana Bunglow Nr. Cosmos School Opp. Ymca Club Mahmadpura Makarba S G, Highway, Ahmedabad, Gujarat, India – 380058
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
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Business Activity of Axilrod Private Limited
The main business activity of Axilrod is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Axilrod Private Limited FY 2025 filings available
Axilrod Private Limited reported revenue of ₹5.39 Lakh (down 46% YoY) for FY 2025.
Revenue · FY 2025
₹5.39 Lakh ▼ 46%
Net loss · FY 2025
₹1.2 Lakh margin -22.2%
EBITDA · FY 2025
-₹1.2 Lakh margin -22.2%
Compounded Annual Growth Rate (CAGR) of Axilrod Private Limited
Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 29%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 138%
3 years · compounded
▼ 30%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 46% fall in the latest year. EBITDA fell 138% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Axilrod Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.2 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Axilrod Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -22.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Axilrod are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Axilrod Private Limited
Axilrod has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ila Virendrabhai Gandhi Also directs: Ivg Housing LLP | Director | 13 May 2014 | 12 Years 5 Months | Current |
| Virendrabhai Ramchandra Gandhi | Director | 21 Jan 2009 | 17 Years 8 Months | Current |
| Jaina Janmejay Gandhi Also directs: Vadilal International Private Limited, Vivaar Health Care LLP, Ayusiddh Health Care Private Limited and 2 more | Director | 09 Dec 2021 | 4 Years 10 Months | Current |
| Janmejay Virendrabhai Gandhi Also directs: Vadilal International Private Limited, Ayusiddh Health Care Private Limited, Vegizo Food Hub LLP and 5 more | Officer In Default | 07 Feb 2024 | 2 Years 8 Months | Current |
Peer Comparison of Axilrod Private Limited
Axilrod Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Peters & Smith (India) Private Limited. | ₹5.41 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
| JJMD Foods (OPC) Private Limited | ₹5.4 Lakh (FY 2021) | •••• | •••• | •••• | Haryana, India | |
| Chanho Birsa Munda Sangathan Producer Company Limited | ₹5.4 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Mandar, Jharkhand, India |
| Gia Foods Private Limited | ₹5.4 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Arcom Business Services (OPC) Private Limited | ₹5.4 Lakh (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Axilrod Private Limited this company | ₹5.39 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Ahmedabad, Gujarat, India |
| Glance Business Support System Private Limited | ₹5.38 Lakh (FY 2019) | •••• | •••• | •••• | Alwar, Rajasthan, India | |
| Harritage Food and Agro Industries Private Limited | ₹5.36 Lakh (FY 2018) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| United Alcobev Private Limited | ₹5.35 Lakh (FY 2024) | •••• | •••• | 249.0% | •••• | Chennai, Tamil Nadu, India |
| Goldenspoon Foods Pvt Ltd | ₹5.35 Lakh (FY 2024) | •••• | •••• | -97.0% | •••• | Ahmedabad, Gujarat, India |
| Samarthak Producer Company Limited | ₹5.35 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Udaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Axilrod by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Axilrod Private Limited
Axilrod Private Limited is audited by M.S. CHHAJED & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.S. CHHAJED & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Axilrod Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Axilrod Private Limited
Axilrod Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Axilrod Private Limited
Axilrod Private Limited has 17 court cases on record: 5 filed by Axilrod, 12 filed against it. 5 cases are pending and 12 are disposed. Status as checked on 21 Sep 2026.
Total cases
17
Filed by the company
5
Filed against the company
12
Pending
5
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 17 | 12 | 5 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Company appeal | Filed by the company against Vadilal Enterprises Limited and 14 others | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, New Delhi | Company appeal | Filed against the company by individuals | Disposed |
| NCLAT, New Delhi | Company appeal | Filed against the company by an individual | Disposed |
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Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Axilrod Private Limited
Employment history and EPFO contributions of people linked to Axilrod.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Axilrod Private Limited
Axilrod Private Limited has 8 board changes on record since 2009: 4 appointments and 4 cessations. The latest: Janmejay Virendrabhai Gandhi was appointed as Officer In Default on 07 Feb 2024.
AGM
Axilrod Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Axilrod Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Janmejay Virendrabhai Gandhi was appointed as Officer In Default.
Ceased
Jaina Janmejay Gandhi ceased to be Additional Director.
Appointed
Jaina Janmejay Gandhi was appointed as Director.
Ceased
Ila Virendrabhai Gandhi ceased to be Additional Director.
Appointed
Ila Virendrabhai Gandhi was appointed as Director.
Ceased
Arvindbhai Girdharlal Kapadia ceased to be Director.
Ceased
Niranjanaben Arvindkumar Kapadia ceased to be Director.
Appointed
Virendrabhai Ramchandra Gandhi was appointed as Director.
Incorporation
27 Jun 1989
Axilrod Private Limited was registered on 27 Jun 1989 with Roc Ahmedabad & aged 37 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Axilrod Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Axilrod Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Axilrod Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Axilrod Private Limited
Axilrod has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV1563B1ZU | Gujarat | Active | 09 Dec 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Axilrod Private Limited
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MCA filings and documents
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Frequently Asked Questions about Axilrod Private Limited
Axilrod is an active private limited company based in Ahmedabad, Gujarat, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 27 June 1989 (37+ years old) and is registered under CIN U52100GJ1989PTC012425.
Axilrod reported revenue of ₹5.39 Lakh for FY 2025 (down 46% YoY).
Axilrod has 4 current directors:
- Ila Virendrabhai Gandhi - Director
- Virendrabhai Ramchandra Gandhi - Director
- Jaina Janmejay Gandhi - Director
- Janmejay Virendrabhai Gandhi - Officer In Default
Axilrod reported a net loss of ₹1.2 Lakh (net margin -22.2%) and EBITDA of -₹1.2 Lakh (EBITDA margin -22.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Axilrod is -29% over three years and -14% over five years. In the latest year (FY 2025) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Axilrod is 24AABCV1563B1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Axilrod is U52100GJ1989PTC012425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axilrod has 17 court cases on record: 5 filed by the company and 12 filed against it. 5 are pending.
Axilrod was incorporated on 27 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Axilrod by revenue are Peters & Smith (India) Private Limited, JJMD Foods (OPC) Private Limited, Chanho Birsa Munda Sangathan Producer Company Limited, Gia Foods Private Limited, Arcom Business Services (OPC) Private Limited and 5 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution).
Janmejay Virendrabhai Gandhi was appointed as Officer In Default on 07 Feb 2024. Jaina Janmejay Gandhi ceased to be Additional Director on 30 Sep 2022. Jaina Janmejay Gandhi was appointed as Director on 09 Dec 2021. Axilrod has 8 board changes on record in total.