MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0001637
Akhil Wires Private Limited
Akhil Wires Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.11 Cr
▲ 46% YoY
Net loss · FY 2025
₹1.51 Cr
Net margin -3.5%
EBITDA · FY 2025
-₹23.48 Lakh
EBITDA margin -0.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Open charges
₹4.23 Cr
Satisfied ₹18.84 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
51
Provident fund records
About Akhil Wires Private Limited
Data last updated:
Akhil Wires Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 04 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH2000PTC129845. Its GSTIN is 27AAECA0945M1ZJ (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors Radhika Nikhil Oltikar and Nikhil Manohar Oltikar.
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 G – 3/9 MIDC Tarapur Industrial Area Boisar, Thane, Maharashtra, India – 401506.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.11 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net loss of ₹1.51 Cr (net margin -3.5%) and EBITDA of -₹23.48 Lakh (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 13% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.23 Cr and satisfied charges of ₹18.84 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it; 5 cases are pending.
Akhil Wires Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0001637). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31300MH2000PTC129845
Registration Number 129845
Incorporation Date 04 December 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0001637
Recognitions & Rankings of Akhil Wires
Contact details
Akhil Wires Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 3/9 MIDC Tarapur Industrial Area Boisar, Thane, Maharashtra, India – 401506
- IndustryManufacturing, Cable & Wire
To see the full contact details of Akhil Wires Private Limited, buy the company report.
Comprehensive company report
Akhil Wires Private Limited - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Akhil Wires is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Akhil Wires Private Limited, buy the company report.
Financials of Akhil Wires Private Limited
FY 2025 filings availableAkhil Wires Private Limited reported revenue of ₹43.11 Cr (up 46% YoY) for FY 2025.
Revenue · FY 2025
₹43.11 Cr ▲ 46%
Net loss · FY 2025
₹1.51 Cr margin -3.5%
EBITDA · FY 2025
-₹23.48 Lakh margin -0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 16%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 191%
3 years · compounded
▲ 14%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 46% growth in the latest year. EBITDA fell 191% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹23.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.51 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Akhil Wires Private Limited, buy the company report.
Board of directors of Akhil Wires Private Limited
Akhil Wires has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhika Nikhil Oltikar | Director | 04 Dec 2000 | 25 Years 10 Months | Current |
| Nikhil Manohar Oltikar | Director | 04 Dec 2000 | 25 Years 10 Months | Current |
Peer comparison
Akhil Wires Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CMR Control Systems India Private Limited | ₹43.36 Cr (FY 2025) | 20.0% | Pune, Maharashtra, India | |||
| Akhil Wires Private Limitedthis company | ₹43.11 Cr (FY 2025) | -₹1.51 Cr | -3.5% | 46.0% | 51 | Thane, Maharashtra, India |
| Yogi Cab Insulation Private Limited | ₹43.05 Cr (FY 2025) | 15.0% | Ahmedabad, Gujarat, India | |||
| Nitcab Electric India Private Limited | ₹42.67 Cr (FY 2024) | 53.0% | Ranchi, Jharkhand, India | |||
| Dhruv Axon Interconnect Private Limited | ₹42.54 Cr (FY 2025) | 46.0% | Bengaluru North Yelahanka, Karnataka, India |
To see the full peer comparison of Akhil Wires Private Limited, buy the company report.
Auditor
Akhil Wires Private Limited is audited by RAMAN S. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAN S. SHAH & ASSOCIATES | FY 2023 | 119891W |
Shareholding
The shareholding of Akhil Wires Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akhil Wires Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.23 Cr
Satisfied charges
₹18.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2019 | 100292820 | Others | ₹4.04 Cr | Open | |
| 28 Apr 2017 | 100100706 | Others | ₹18.58 Lakh | Open | |
| 16 Feb 2015 | 10550994 | Icici Bank Limited | ₹56.3 Lakh | Satisfied | |
| 14 Oct 2011 | 10315784 | Icici Bank Limited | ₹5 Cr | Satisfied | |
| 09 Oct 2009 | 10213538 | Union Bank of India | ₹3.02 Cr | Satisfied |
To see the full charge records of Akhil Wires Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Akhil Wires Private Limited has 12 court cases on record: 3 filed by Akhil Wires, 9 filed against it. 5 cases are pending and 7 are disposed.
Total cases
12
Filed by the company
3
Filed against the company
9
Pending
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 3 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Additional Commissioner of Labour and Anr. and 1 other | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln IDA) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of Akhil Wires Private Limited, buy the company report.
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.
MSME payment delays
Akhil Wires Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 70 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Leebo Metals Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Awadh Oxygen Private Limited | |||
| Stanrose Envirotech India Private Limited |
To see the full MSME payment records of Akhil Wires Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Akhil Wires Private Limited has a workforce of 51 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-7.27%
GST
Akhil Wires has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA0945M1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akhil Wires Private Limited, buy the company report.
Recent activity
Akhil Wires Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Akhil Manohar Oltikar ceased to be Director on 18 Jul 2018.
AGM
Akhil Wires Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Akhil Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 4.04 Cr with Charge ID 100292820 was registered on 07 Oct 2019.
Charges
A charge registered on 16 Feb 2015 via Charge ID 10550994 with Icici Bank Limited was fully satisfied on 30 Aug 2019.
Charges
A charge registered on 14 Oct 2011 via Charge ID 10315784 with Icici Bank Limited was fully satisfied on 30 Aug 2019.
Ceased
Akhil Manohar Oltikar ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100100706 was registered on 28 Apr 2017.
Charges
A charge with Icici Bank Limited of Rs. 5.00 Cr registered on 14 Oct 2011 with Charge ID 10315784 was modified on 17 Feb 2015.
Charges
A charge with Icici Bank Limited amounted to Rs. 0.56 Cr with Charge ID 10550994 was registered on 16 Feb 2015.
Charges
A charge registered on 09 Oct 2009 via Charge ID 10213538 with Union Bank Of India was fully satisfied on 09 Dec 2011.
Charges
A charge registered on 22 Sep 2009 via Charge ID 10213537 with Union Bank Of India was fully satisfied on 09 Dec 2011.
Charges
A charge with Icici Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10315784 was registered on 14 Oct 2011.
32 earlier events are in the company report.
Frequently asked questions
Akhil Wires is an active private limited company based in Thane, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 04 December 2000 (26+ years old) and is registered under CIN U31300MH2000PTC129845.
Akhil Wires has 2 current directors:
- Radhika Nikhil Oltikar - Director
- Nikhil Manohar Oltikar - Director
The latest financial statements of Akhil Wires on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Akhil Wires is 27AAECA0945M1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Akhil Wires is U31300MH2000PTC129845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akhil Wires has 12 court cases on record: 3 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Akhil Wires was incorporated on 04 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Akhil Wires by revenue are CMR Control Systems India Private Limited, Yogi Cab Insulation Private Limited, Nitcab Electric India Private Limited, Dhruv Axon Interconnect Private Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Akhil Manohar Oltikar ceased to be Director on 18 Jul 2018. Nikhil Manohar Oltikar was appointed as Director on 04 Dec 2000. Radhika Nikhil Oltikar was appointed as Director on 04 Dec 2000.
Yes, Akhil Wires is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0001637).
Akhil Wires has 13 MSME Form 1 returns on record between 2019 and 2023, listing 70 overdue payments to 14 micro and small suppliers. The latest return was filed on 05 Dec 2023.
The registered office of Akhil Wires is at G – 39 MIDC Tarapur Industrial Area Boisar, Thane, Maharashtra, India – 401506.