Akshar Agencies Electrade Private Limited

Akshar Agencies Electrade Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U51909GJ2017PTC095350 Incorporated 02 February 2017 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹143.81 Cr
▲ 4% YoY
Net profit · FY 2025
₹52.2 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹3.96 Cr
EBITDA margin 2.8%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹37.29 Cr
Satisfied ₹33.13 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
47
Provident fund records

About Akshar Agencies Electrade Private Limited

Data last updated:

Akshar Agencies Electrade Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 02 February 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2017PTC095350. Its GSTIN is 24AAPCA2149E1ZV (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Pravinkumar Kantilal Dave and Niral Pravinkumar Dave.

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 First Floor Of Plot No: 986/20/13 Diamond Park GIDC Makarpura, Vadodara, Gujarat, India – 390010.

As per the financials filed for FY 2025, the company reported a revenue of ₹143.81 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹52.2 Lakh (net margin 0.4%) and EBITDA of ₹3.96 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 21% over five years.

The company has about 47 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹37.29 Cr and satisfied charges of ₹33.13 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 3 cases are pending.

Akshar Agencies Electrade Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004339). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akshar-group.com.

Company details

CIN U51909GJ2017PTC095350
Registration Number 095350
Incorporation Date 02 February 2017
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
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0004339
Key People
Pravinkumar Kantilal Dave Director Niral Pravinkumar Dave Director

Recognitions & Rankings of Akshar Agencies Electrade

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-24-0004339

Contact details

Akshar Agencies Electrade Private Limited's registered office is in Vadodara, Gujarat. Its website is akshar-group.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    akshar-group.com
  • Social Media
  • Registered Address
    First Floor Of Plot No: 986/20/13 Diamond Park GIDC Makarpura, Vadodara, Gujarat, India – 390010
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Akshar Agencies Electrade Private Limited, buy the company report.

Comprehensive company report
Akshar Agencies Electrade 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
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Business activity

The main business activities of Akshar Agencies Electrade are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Akshar Agencies Electrade Private Limited, buy the company report.

Financials of Akshar Agencies Electrade Private Limited

FY 2025 filings available

Akshar Agencies Electrade Private Limited reported revenue of ₹143.81 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹143.81 Cr ▲ 4%
Net profit · FY 2025
₹52.2 Lakh margin 0.4%
EBITDA · FY 2025
₹3.96 Cr margin 2.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 12%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 3%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 4% growth in the latest year. EBITDA fell 40% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹3.96 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹52.2 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.8%
Net Profit Margin0.4%
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 Akshar Agencies Electrade Private Limited, buy the company report.

Board of directors of Akshar Agencies Electrade Private Limited

Akshar Agencies Electrade has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Pravinkumar Kantilal DaveDirector02 Feb 20179 Years 9 MonthsCurrent
Niral Pravinkumar Dave
Also directs: Akshar Electric Panel Boards Private Limited, Akshar Elecinfra Private Limited, Akshar Leepant Private Limited
Director02 Feb 20179 Years 9 MonthsCurrent
View all directors

Peer comparison

Akshar Agencies Electrade Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
De Neers Tools Limited₹145.56 Cr (FY 2025)30.0%Delhi, India
Akshar Agencies Electrade Private Limitedthis company₹143.81 Cr (FY 2025)₹52.2 Lakh0.4%4.0%47Vadodara, Gujarat, India
Ray-Q Interconnection Technologies India Private Limited₹139.58 Cr (FY 2025)31.0%Bangalore, Karnataka, India
Sevenstar Special Steel Private Limited₹137.85 Cr (FY 2025)18.0%Mumbai, Maharashtra, India

To see the full peer comparison of Akshar Agencies Electrade Private Limited, buy the company report.

Auditor

Akshar Agencies Electrade Private Limited is audited by ANIL THAKKAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ANIL THAKKAR & ASSOCIATESFY 2023104130W

Shareholding

The shareholding of Akshar Agencies Electrade Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Akshar Agencies Electrade Private Limited, buy the company report.

Charges & borrowings

Open charges
₹37.29 Cr
Satisfied charges
₹33.13 Cr
Breakdown by lending institutions
Axis Bank Limited₹37.29 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jun 2025101116507Axis Bank Limited₹33.29 CrOpen
03 Jul 2023100749340Axis Bank Limited₹4 CrOpen
21 Dec 2021100515185Others₹8.5 LakhSatisfied
10 Jul 2020100366190Others₹1 CrSatisfied
24 Jul 2019100288952Others₹26.94 CrSatisfied

To see the full charge records of Akshar Agencies Electrade Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Akshar Agencies Electrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Akshar Agencies Electrade Private Limited has a workforce of 47 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
47
Active EPFO establishments
1
Employee growth
23.68%

GST

Akshar Agencies Electrade has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAPCA2149E1ZVGujaratActive01 Jul 2017
27AAPCA2149E1ZPMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Akshar Agencies Electrade Private Limited, buy the company report.

Recent activity

Akshar Agencies Electrade Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Niral Pravinkumar Dave was appointed as Director on 02 Feb 2017.

AGM
Akshar Agencies Electrade Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 21 Dec 2021 via Charge ID 100515185 with Others was fully satisfied on 24 Jun 2025.
Charges
A charge registered on 24 Jul 2019 via Charge ID 100288952 with Others was fully satisfied on 24 Jun 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 33.29 Cr with Charge ID 101116507 was registered on 18 Jun 2025.
Filing
Akshar Agencies Electrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 26.94 Cr registered on 24 Jul 2019 with Charge ID 100288952 was modified on 31 Aug 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100749340 was registered on 03 Jul 2023.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100515185 was registered on 21 Dec 2021.
Charges
A charge registered on 10 Jul 2020 via Charge ID 100366190 with Others was fully satisfied on 29 Sep 2020.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100366190 was registered on 10 Jul 2020.
Charges
A charge registered on 01 Sep 2018 via Charge ID 100259221 with Standard Chartered Bank was fully satisfied on 26 Aug 2019.
Charges
A charge with Others amounted to Rs. 26.94 Cr with Charge ID 100288952 was registered on 24 Jul 2019.

8 earlier events are in the company report.

Frequently asked questions

Akshar Agencies Electrade is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 02 February 2017 (9+ years old) and is registered under CIN U51909GJ2017PTC095350.

Akshar Agencies Electrade has 2 current directors:

The latest financial statements of Akshar Agencies Electrade 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 FY 2017 are in the company report.

The GSTIN of Akshar Agencies Electrade is 24AAPCA2149E1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAPCA2149E1ZP (Maharashtra).

The CIN (Corporate Identification Number) of Akshar Agencies Electrade is U51909GJ2017PTC095350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akshar Agencies Electrade has 9 court cases on record: 9 filed by the company. 3 are pending.

Akshar Agencies Electrade was incorporated on 02 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Akshar Agencies Electrade by revenue are De Neers Tools Limited, Ray-Q Interconnection Technologies India Private Limited, Sevenstar Special Steel Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).

Niral Pravinkumar Dave was appointed as Director on 02 Feb 2017. Pravinkumar Kantilal Dave was appointed as Director on 02 Feb 2017.

Yes, Akshar Agencies Electrade is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0004339).

Akshar Agencies Electrade can be reached through the website akshar-group.com. Its registered office is in Vadodara, Gujarat, India.