Akshar Precision Tubes Private Limited

Akshar Precision Tubes Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U25110GJ1998PTC033576 Incorporated 16 January 1998 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹51.91 Cr
▼ 10% YoY
Net profit · FY 2025
₹1.09 Cr
Net margin 2.1%
EBITDA · FY 2025
₹4.7 Cr
EBITDA margin 9.1%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹10.5 Cr
Issued & subscribed
Open charges
₹44.19 Cr
Satisfied ₹1 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
62
Provident fund records

About Akshar Precision Tubes Private Limited

Data last updated:

Akshar Precision Tubes 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 16 January 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25110GJ1998PTC033576. Its GSTIN is 24AACCA3975H1ZQ (Gujarat).

The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.5 Cr. It is led by directors including Nirmit Kulbhushan Jain (Managing Director) and Ashutosh Vedprakash Gupta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 38 – 41 Baroda Co – Operative Industrial Estate Dharamsinh Desai Marg Chhani, Vadodara, Gujarat, India – 390002.

As per the financials filed for FY 2025, the company reported a revenue of ₹51.91 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 2.1%) and EBITDA of ₹4.7 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.

The company has about 62 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹44.19 Cr and satisfied charges of ₹1 Cr on record. Court records list 30 cases involving the company, including 1 filed by the company and 29 filed against it; 5 cases are pending. The company has 9 deals on record (9 secondary share transfers); the latest was in October 2023.

Akshar Precision Tubes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004344). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksharprecisiontubes.com.

Company details

CIN U25110GJ1998PTC033576
Registration Number 033576
Incorporation Date 16 January 1998
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0004344
Key People
Nirmit Kulbhushan Jain Managing Director Ashutosh Vedprakash Gupta Director Raney Kulbhushan Jain Director

Recognitions & Rankings of Akshar Precision Tubes

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-24-0004344

Contact details

Akshar Precision Tubes Private Limited's registered office is in Vadodara, Gujarat. Its website is aksharprecisiontubes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    aksharprecisiontubes.com
  • Registered Address
    38 – 41 Baroda Co – Operative Industrial Estate Dharamsinh Desai Marg Chhani, Vadodara, Gujarat, India – 390002
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Akshar Precision Tubes Private Limited, buy the company report.

Comprehensive company report
Akshar Precision Tubes 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 Akshar Precision Tubes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

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

Financials of Akshar Precision Tubes Private Limited

FY 2024 filings available

Akshar Precision Tubes Private Limited reported revenue of ₹51.91 Cr (down 10% YoY) for FY 2025.

Revenue · FY 2025
₹51.91 Cr ▼ 10%
Net profit · FY 2025
₹1.09 Cr margin 2.1%
EBITDA · FY 2025
₹4.7 Cr margin 9.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 4%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 14%
5 years · compounded
▼ 12%

Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 16% 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₹4.7 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.09 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.1%
Net Profit Margin2.1%
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 Precision Tubes Private Limited, buy the company report.

Board of directors of Akshar Precision Tubes Private Limited

Akshar Precision Tubes has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashutosh Vedprakash GuptaDirector17 Jan 199828 Years 9 MonthsCurrent
Raney Kulbhushan JainDirector17 Jan 199828 Years 9 MonthsCurrent
Shatrunjay Dhananjaybhai PatelDirector17 Jan 199828 Years 9 MonthsCurrent
Nirmit Kulbhushan JainManaging Director15 Apr 20215 Years 6 MonthsCurrent
Nikita Kulbhushan JainDirector26 Apr 20215 Years 6 MonthsCurrent
View all directors

Auditor

Akshar Precision Tubes Private Limited is audited by M V SHAH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M V SHAH & ASSOCIATESFY 2023109677W

Shareholding

The shareholding of Akshar Precision Tubes 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Akshar Precision Tubes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹44.19 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹42.29 Cr
Sidbi₹1.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Feb 2025101045348Hdfc Bank Limited₹15 LakhOpen
01 Feb 2025101043144Hdfc Bank Limited₹17.86 LakhOpen
29 Jul 2024100953693Sidbi₹1.9 CrOpen
24 Dec 200710080806Hdfc Bank Limited₹36.96 CrOpen
01 Feb 200680027907Hdfc Bank Limited₹5 CrOpen

To see the full charge records of Akshar Precision Tubes Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Akshar Precision Tubes Private Limited has 9 deals on record (9 secondary share transfers); the latest was in October 2023.

Total deals
9
Secondary share transfers
9

Deals on record (5 of 9)

WhenDealAmountParties
Oct 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Feb 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Dec 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2016Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals
Feb 2016Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

To see the full deal history of Akshar Precision Tubes Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Akshar Precision Tubes Private Limited was last rated by Crisil on 08 Jul 2020.

Rating agencyRated onRating
Crisil08 Jul 2020

To see the full credit ratings and regulatory alerts of Akshar Precision Tubes Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Akshar Precision Tubes Private Limited has a workforce of 62 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
62
Active EPFO establishments
1
Employee growth
1.64%

GST

Akshar Precision Tubes has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCA3975H1ZQGujaratActive01 Jul 2017

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

Recent activity

Akshar Precision Tubes Private Limited has 10 board changes on record since 1998: 6 appointments and 4 cessations. The latest: Nirmit Kulbhushan Jain ceased to be Director on 01 Nov 2022.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101045348 was registered on 12 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101043144 was registered on 01 Feb 2025.
AGM
Akshar Precision Tubes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 1.90 Cr with Charge ID 100953693 was registered on 29 Jul 2024.
Filing
Akshar Precision Tubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 36.96 Cr registered on 24 Dec 2007 with Charge ID 10080806 was modified on 04 Jan 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 01 Feb 2006 with Charge ID 80027907 was modified on 29 Dec 2023.
Ceased
Nirmit Kulbhushan Jain ceased to be Director.
Ceased
Sangita Ajay Garg ceased to be Director.
Appointed
Nikita Kulbhushan Jain was appointed as Director.
Appointed
Nirmit Kulbhushan Jain was appointed as Managing Director.
Ceased
Kulbhushan Sukhmalchand Jain ceased to be Managing Director.

11 earlier events are in the company report.

Frequently asked questions

Akshar Precision Tubes 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 16 January 1998 (28+ years old) and is registered under CIN U25110GJ1998PTC033576.

Akshar Precision Tubes has 5 current directors:

The latest financial statements of Akshar Precision Tubes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Akshar Precision Tubes is 24AACCA3975H1ZQ, registered in Gujarat.

The CIN (Corporate Identification Number) of Akshar Precision Tubes is U25110GJ1998PTC033576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akshar Precision Tubes has 30 court cases on record: 1 filed by the company and 29 filed against it. 5 are pending. Most are in the district courts.

Akshar Precision Tubes was incorporated on 16 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Akshar Precision Tubes has 9 deals on record (9 secondary share transfers); the latest was in October 2023.

Nirmit Kulbhushan Jain ceased to be Director on 01 Nov 2022. Sangita Ajay Garg ceased to be Director on 12 Sep 2022. Nikita Kulbhushan Jain was appointed as Director on 26 Apr 2021. Akshar Precision Tubes has 10 board changes on record in total.

Yes, Akshar Precision Tubes is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0004344).