MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0003891
Airmax(Gujarat ) Pvt Ltd - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹59.04 Cr
▲ 9% YoY
Net profit · FY 2026
₹2.12 Cr
Net margin 3.6%
EBITDA · FY 2026
₹4.28 Cr
EBITDA margin 7.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.19 Cr
Satisfied ₹6.9 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
23
Provident fund records
About Airmax(Gujarat ) Pvt Ltd
Data last updated:
Airmax(Gujarat ) Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 24 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32201GJ1987PTC009445. Its GSTIN is 24AADCA6797L1Z6 (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jignesh Mukundbhai Parikh (Managing Director) and Ragini Mukundbhai Parikh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹59.04 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Cr (net margin 3.6%) and EBITDA of ₹4.28 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 21% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.19 Cr and satisfied charges of ₹6.9 Cr on record.
Airmax(Gujarat ) Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0003891). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airmaxgujarat.com.
Company details
CIN U32201GJ1987PTC009445
Registration Number 009445
Incorporation Date 24 February 1987
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0003891
Key People
Jignesh Mukundbhai Parikh Managing Director Ragini Mukundbhai Parikh Whole-Time Director Siddhant Jignesh Parikh Whole-Time Director Recognitions & Rankings of Airmax(Gujarat )
Contact details
Airmax(Gujarat ) Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is airmaxgujarat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1201 – 1204 Palak Prime Opp Double Tree, Hilton Hotel Ambli Road, Ahmedabad, Gujarat, India – 380058
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Airmax(Gujarat ) Pvt Ltd, buy the company report.
Comprehensive company report
Airmax(Gujarat ) Pvt Ltd - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Airmax(Gujarat ) is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Airmax(Gujarat ) Pvt Ltd, buy the company report.
Financials of Airmax(Gujarat ) Pvt Ltd
FY 2026 filings availableAirmax(Gujarat ) Pvt Ltd reported revenue of ₹59.04 Cr (up 9% YoY) for FY 2026.
Revenue · FY 2026
₹59.04 Cr ▲ 9%
Net profit · FY 2026
₹2.12 Cr margin 3.6%
EBITDA · FY 2026
₹4.28 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 10%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 26%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 9% growth in the latest year. EBITDA fell 7% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.12 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Airmax(Gujarat ) Pvt Ltd, buy the company report.
Board of directors of Airmax(Gujarat ) Pvt Ltd
Airmax(Gujarat ) has 3 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 |
|---|---|---|---|---|
| Jignesh Mukundbhai Parikh Also directs: Sakar Healthcare Limited | Managing Director | 10 Nov 1993 | 32 Years 11 Months | Current |
| Ragini Mukundbhai Parikh | Whole-Time Director | 24 Feb 1987 | 39 Years 8 Months | Current |
| Siddhant Jignesh Parikh | Whole-Time Director | 17 Oct 2013 | 13 Years 0 Months | Current |
Auditor
Airmax(Gujarat ) Pvt Ltd is audited by DINESH K. SHAH & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH K. SHAH & CO. | FY 2026 | 010477 |
Shareholding
The shareholding of Airmax(Gujarat ) Pvt Ltd is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Airmax(Gujarat ) Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹7.19 Cr
Satisfied charges
₹6.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2026 | 101359512 | Axis Bank Limited | ₹1.46 Cr | Open | |
| 24 Dec 2025 | 101222664 | Others | ₹5.73 Cr | Open | |
| 28 Aug 2023 | 100776195 | Others | ₹1.29 Cr | Satisfied | |
| 26 Mar 2021 | 100437440 | Axis Bank Limited | ₹1.52 Cr | Satisfied | |
| 20 Nov 2020 | 100468381 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Airmax(Gujarat ) Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Airmax(Gujarat ) Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Airmax(Gujarat ) Pvt Ltd has 5 MSME Form 1 returns on record between 2021 and 2023, listing 42 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Jashraj Enterprises | |||
| Digicon Automation Private Limited | |||
| Pararth Hvac Products Private Limited | |||
| Mechmaark Filtech India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Airmax(Gujarat ) Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Airmax(Gujarat ) Pvt Ltd has a workforce of 23 employees on its EPFO records as of Sep 27, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
-14.81%
GST
Airmax(Gujarat ) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA6797L1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Airmax(Gujarat ) Pvt Ltd, buy the company report.
Recent activity
Airmax(Gujarat ) Pvt Ltd has 7 board changes on record since 1987: 3 appointments and 4 cessations. The latest: Ragini Mukundbhai Parikh ceased to be Director on 31 Mar 2023.
AGM
Airmax(Gujarat ) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2026 as per latest MCA records.
Charges
A charge registered on 20 Nov 2020 via Charge ID 100468381 with Others was fully satisfied on 21 Sep 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 146.00 Lakh with Charge ID 101359512 was registered on 14 Jul 2026.
Filing
Airmax(Gujarat ) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 572.53 Lakh registered on 24 Dec 2025 with Charge ID 101222664 was modified on 07 Feb 2026.
Charges
A charge registered on 28 Aug 2023 via Charge ID 100776195 with Others was fully satisfied on 05 Jan 2026.
Charges
A charge with Others amounted to Rs. 572.53 Lakh with Charge ID 101222664 was registered on 24 Dec 2025.
Charges
A charge registered on 26 Mar 2021 via Charge ID 100437440 with Axis Bank Limited was fully satisfied on 10 Jun 2025.
Charges
A charge with Others amounted to Rs. 129.00 Lakh with Charge ID 100776195 was registered on 28 Aug 2023.
Ceased
Ragini Mukundbhai Parikh ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 152.00 Lakh with Charge ID 100437440 was registered on 26 Mar 2021.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100468381 was registered on 20 Nov 2020.
13 earlier events are in the company report.
Frequently asked questions
Airmax(Gujarat ) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 24 February 1987 (39+ years old) and is registered under CIN U32201GJ1987PTC009445.
Airmax(Gujarat ) has 3 current directors:
- Jignesh Mukundbhai Parikh - Managing Director
- Ragini Mukundbhai Parikh - Whole-Time Director
- Siddhant Jignesh Parikh - Whole-Time Director
The latest financial statements of Airmax(Gujarat ) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Airmax(Gujarat ) is 24AADCA6797L1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Airmax(Gujarat ) is U32201GJ1987PTC009445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airmax(Gujarat ) was incorporated on 24 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ragini Mukundbhai Parikh ceased to be Director on 31 Mar 2023. Siddhant Jignesh Parikh ceased to be Director on 01 Oct 2019. Siddhant Jignesh Parikh was appointed as Whole-Time Director on 17 Oct 2013. Airmax(Gujarat ) has 7 board changes on record in total.
Yes, Airmax(Gujarat ) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0003891).
Airmax(Gujarat ) has 5 MSME Form 1 returns on record between 2021 and 2023, listing 42 overdue payments to 17 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Airmax(Gujarat ) can be reached through the website airmaxgujarat.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Airmax(Gujarat ) is at 1201 – 1204 Palak Prime Opp Double Tree, Hilton Hotel Ambli Road, Ahmedabad, Gujarat, India – 380058.
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