Aksharchem (India ) Limited

BSE: 524598 NSE: AKSHARCHEM
Aksharchem (India ) Limited - chemicals and materials in Indrad, Gujarat, India. FY 2026 financials and compliance.
CIN L24110GJ1989PLC012441 Incorporated 04 July 1989 ROC Ahmedabad HQ Indrad, Gujarat, India
Active Listed - NSE: AKSHARCHEM · BSE: 524598 Public Limited Company chemicals and materials
Data last updated
Revenue · FY 2026
₹372.43 Cr
▲ 7.56% YoY
Computed EBITDA · FY 2026
₹17.21 Cr
▼ 31.42% YoY
Net profit · FY 2026
-₹43.86 Lakh
▼ 109.19% YoY
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹8.03 Cr
Issued & subscribed
Open charges
₹187 Cr
Secured borrowings
Company age
37 yrs
Est. 1989
Employees · EPFO
165
Latest available

About Aksharchem (India ) Limited

Data last updated: 15 July 2026

Aksharchem (India ) Limited is a public limited company based in Indrad, Gujarat, India. It specialises in dyes and pigments, a part of the broader chemicals and materials sector. Incorporated on 04 July 1989, the company has been in operation for over 37 years.

Registered with ROC Ahmedabad under CIN L24110GJ1989PLC012441. Listed on BSE: 524598 and NSE: AKSHARCHEM.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹8.03 Cr. Formerly known as Audichem (India) Limited and Audichem (India) Pvt Limited. It is led by directors including Munjal Mrugesh Jaykrishna and Jigar Mukesh Patel.

Last AGM: 15 September 2025. Financial statements filed for year ended 31 March 2025. Office: Aksharhouse Chhatral – Kadiroad, Indrad, Gujarat, India – 382715.

As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹372.43 Cr, a growth of 7.56% compared to the previous year. The net worth stands at ₹261.53 Cr (down 0.83% YoY). Total assets are valued at ₹451.61 Cr (up 8.74% YoY).

The company has a workforce of approximately 165 employees as per the latest available data.

The company is associated with 2 brands - Aksil, Aksharchem. As per MCA filings, the company has open charges of ₹187 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksharchemindia.com.

Company Details of Aksharchem (India ) Limited
CIN L24110GJ1989PLC012441
Registration Number 012441
Incorporation Date 04 July 1989
ROC Ahmedabad
Listing Status Listed (BSE: 524598, NSE: AKSHARCHEM)
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Munjal Mrugesh Jaykrishna Managing Director Paru Mrugesh Jaykrishna Managing Director Sachin Munjal Jaykrishna Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    aksharchemindia.com
  • Social Media
    Locked
  • Registered Address
    Aksharhouse Chhatral – Kadiroad, Indrad, Gujarat, India – 382715
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants
Company report
Aksharchem (India ) Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Aksharchem (India ) Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Aksharchem (India ) Limited

Aksharchem (India ) Limited has undergone 2 name changes throughout its history. The company was previously known as Audichem (India) Limited, and Audichem (India) Pvt Limited. The current legal name is Aksharchem (India ) Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Aksharchem (India ) Limited Current
Audichem (India) Limited Previous
Audichem (India) Pvt Limited Previous

Associated Brands with Aksharchem (India ) Limited

Aksharchem (India ) Limited operates two associated brands: Aksil and Aksharchem. These brands represent Aksharchem (India ) Limited's diversified market presence and brand portfolio.

Brand Description Website
Aksil
It produces high-quality products of precipitated silica. aksil.in
Aksharchem
Pigments, dyes, and dye intermediates are manufactured by Aksharchem. aksharchemindia.com

Business Activity of Aksharchem (India ) Limited

Aksharchem (India ) Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products Locked
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Business activity turnover details for Aksharchem (India ) Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Auditor Details of Aksharchem (India ) Limited

Aksharchem (India ) Limited is audited by Talati & Talati LLP (ICAI peer reviewed, certificate valid till 2026-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Talati & Talati LLP (ICAI peer reviewed, certificate valid till 2026-09-30) FY 2026 Declaration of unmodified opinion

Board of Directors of Aksharchem (India ) Limited

Aksharchem (India ) Limited is currently managed by 9 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Munjal Mrugesh Jaykrishna
Also directs: Eta Enterprise Llp, Vapi Enviro Management System Llp, Akshar Silica Private Limited and 5 more
Managing Director 28 Jun 1995 31 Years 0 Months Current
Jigar Mukesh Patel
Also directs: Nutan Tobacco Private Limited
Director 11 Dec 2017 8 Years 7 Months Current
Maitri Kirankumar Mehta
Also directs: Maiz Citchem Limited, Adani Transmission Bikaner Sikar Limited, Adani Wind Energy Kutchh One Limited and 3 more
Director 28 Mar 2019 7 Years 3 Months Current
Paru Mrugesh Jaykrishna
Also directs: Akshar Silica Private Limited, Asahi Powertech Private Limited, Asahi Energy Private Limited and 5 more
Managing Director 04 Jul 1989 37 Years 0 Months Current
Sameer Sinha
Also directs: Sanskar Valley Developers Llp, Savvy Realty Creators Llp, Kurmrida Agrifoods Llp and 5 more
Director 02 Aug 2024 1 Years 11 Months Current
Nirav Kalyanbhai Shah
Also directs: Jayatma Enterprises Limited, Jayatma Industries Limited, Arvind Smartspaces Limited and 5 more
Director 02 Aug 2024 1 Years 11 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Aksharchem (India ) Limited FY 2026 filings available

Aksharchem (India ) Limited reported revenue of ₹372.43 Cr (up 7.56% YoY) for FY 2026.

Revenue · FY 2026
₹372.43 Cr ▲ 7.56%
Profit · FY 2026
-₹43.86 Lakh ▼ 109.19%
Computed EBITDA · FY 2026
₹17.21 Cr ▼ 31.42%
Revenue₹ Cr · Standalone0200400FY 2020: ₹260 Cr260FY 2020FY 2021: ₹246 Cr · -5.3% YoY246-5.3%FY 2021FY 2022: ₹380 Cr · +54.3% YoY380+54.3%FY 2022FY 2023: ₹335 Cr · -12% YoY335-12%FY 2023FY 2024: ₹302 Cr · -9.8% YoY302-9.8%FY 2024FY 2025: ₹346 Cr · +14.6% YoY346+14.6%FY 2025FY 2026: ₹372 Cr · +7.6% YoY372+7.6%FY 2026
Net Profit₹ Cr · Standalone-20-1001020FY 2020: ₹16 Cr15.7FY 2020FY 2021: ₹13 Cr · -20.5% YoY12.5-20.5%FY 2021FY 2022: ₹16 Cr · +27.3% YoY15.9+27.3%FY 2022FY 2023: ₹1 Cr (loss) · -105.9% YoY-0.9FY 2023FY 2024: ₹19 Cr (loss) · -1882.5% YoY-18.7FY 2024FY 2025: ₹5 Cr · +125.5% YoY4.8+125.5%FY 2025FY 2026: ₹0 Cr (loss) · -109.2% YoY-0.4FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year050100150Q1'25: ₹86 Cr · +19.9% YoY85.9+19.9%Q1'25Q2'25: ₹79 Cr · +7.7% YoY78.9+7.7%Q2'25Q3'25: ₹91 Cr · +20.5% YoY90.7+20.5%Q3'25Q4'25: ₹91 Cr · +10.9% YoY90.7+10.9%Q4'25Q1'26: ₹97 Cr · +12.9% YoY97+12.9%Q1'26Q2'26: ₹89 Cr · +13.1% YoY89.3+13.1%Q2'26Q3'26: ₹80 Cr · -11.4% YoY80.4-11.4%Q3'26Q4'26: ₹106 Cr · +16.6% YoY106+16.6%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹372.43 Cr ₹346.27 Cr ₹302.05 Cr ₹334.68 Cr ₹380.34 Cr ₹246.48 Cr ₹260.15 Cr
Other Income ₹19.78 Lakh ₹25.46 Lakh ₹44.87 Lakh ₹15.17 Lakh ₹65.34 Lakh ₹1.13 Cr ₹1.05 Cr
Total Income ₹372.63 Cr ₹346.52 Cr ₹302.5 Cr ₹334.83 Cr ₹381 Cr ₹247.61 Cr ₹261.2 Cr
Cost of Materials Consumed ₹205.54 Cr ₹185.85 Cr ₹172.82 Cr ₹184.2 Cr ₹221.84 Cr ₹141.64 Cr ₹148.68 Cr
Purchases of Stock-in-Trade ₹14.74 Cr ₹18.86 Cr ₹12.58 Cr ₹25.08 Cr ₹23.22 Cr ₹8.63 Cr ₹6.39 Cr
Changes in Inventories ₹2.89 Cr -₹6.69 Cr -₹4.03 Cr ₹9.01 Cr -₹15.11 Cr -₹8.09 Cr -₹6.21 Cr
Employee Benefit Expense ₹13.74 Cr ₹13.28 Cr ₹13.37 Cr ₹11.74 Cr ₹12.38 Cr ₹10.84 Cr ₹10.41 Cr
Finance Costs ₹6.82 Cr ₹5.26 Cr ₹3.73 Cr ₹3.22 Cr ₹2.21 Cr ₹68.52 Lakh ₹1.11 Cr
Depreciation & Amortisation ₹16.53 Cr ₹14 Cr ₹13.78 Cr ₹12.85 Cr ₹12.22 Cr ₹7.05 Cr ₹6.73 Cr
Other Expenses ₹118.51 Cr ₹110.13 Cr ₹105.82 Cr ₹89.23 Cr ₹106.3 Cr ₹69.55 Cr ₹74.99 Cr
Total Expenses ₹378.77 Cr ₹340.69 Cr ₹318.06 Cr ₹335.33 Cr ₹363.05 Cr ₹230.31 Cr ₹242.09 Cr
Profit Before Exceptional Items & Tax -₹6.14 Cr ₹5.83 Cr -₹15.56 Cr -₹49.9 Lakh ₹17.95 Cr ₹17.3 Cr ₹19.11 Cr
Exceptional Items ₹1.7 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹4.44 Cr ₹5.83 Cr -₹15.56 Cr -₹49.9 Lakh ₹17.95 Cr ₹17.3 Cr ₹19.11 Cr
Total Tax Expense -₹4 Cr ₹1.06 Cr ₹3.12 Cr ₹44.31 Lakh ₹2.03 Cr ₹5.1 Cr ₹3.31 Cr
Net Profit -₹43.86 Lakh ₹4.77 Cr -₹18.68 Cr -₹94.21 Lakh ₹15.91 Cr ₹12.5 Cr ₹15.72 Cr
Other Comprehensive Income -₹1.14 Cr ₹15.62 Lakh -₹9.95 Lakh -₹1.1 Lakh ₹24.33 Lakh ₹90.9 Lakh -₹69.06 Lakh
Total Comprehensive Income -₹1.58 Cr ₹4.93 Cr -₹18.78 Cr -₹95.31 Lakh ₹16.16 Cr ₹13.41 Cr ₹15.03 Cr
EBITDA (computed) ₹17.21 Cr ₹25.09 Cr ₹1.95 Cr ₹15.56 Cr ₹32.37 Cr ₹25.04 Cr ₹26.95 Cr
Basic EPS ₹-0.55 ₹5.94 ₹-23.25 ₹-1.17 ₹19.50 ₹0.00 ₹19.17
Diluted EPS ₹-0.55 ₹5.94 ₹-23.25 ₹-1.17 ₹19.50 ₹0.00 ₹19.17
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹451.61 Cr ₹415.3 Cr ₹380.5 Cr ₹365.25 Cr
Non-current Assets ₹300.3 Cr ₹280.89 Cr ₹250.28 Cr ₹248.37 Cr
Current Assets ₹151.31 Cr ₹134.41 Cr ₹130.22 Cr ₹116.87 Cr
Property, Plant & Equipment ₹287.02 Cr ₹231.42 Cr ₹234.53 Cr ₹225.13 Cr
Inventories ₹73.01 Cr ₹70.47 Cr ₹64.86 Cr ₹59.34 Cr
Trade Receivables ₹62.41 Cr ₹40.64 Cr ₹47.34 Cr ₹36.16 Cr
Cash & Equivalents ₹15.33 Lakh ₹14.44 Lakh ₹15.99 Lakh ₹14.74 Lakh
Equity (Net Worth) ₹261.53 Cr ₹263.71 Cr ₹259.19 Cr ₹278.36 Cr
Equity Share Capital ₹8.03 Cr ₹8.03 Cr ₹8.03 Cr ₹8.03 Cr
Borrowings (Non-current) ₹17.88 Cr ₹13.32 Cr ₹17.47 Cr ₹16.5 Cr
Borrowings (Current) ₹90.58 Cr ₹53.45 Cr ₹34.35 Cr ₹8.13 Cr
Total Debt (computed) ₹108.46 Cr ₹66.77 Cr ₹51.82 Cr ₹24.63 Cr
Current Liabilities ₹153.46 Cr ₹115.38 Cr ₹81.96 Cr ₹51.97 Cr
Total Liabilities ₹190.08 Cr ₹151.59 Cr ₹121.32 Cr ₹86.88 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹1.67 Cr ₹34.82 Cr -₹6.55 Cr ₹37.92 Cr ₹4.31 Cr
Investing Cash Flow -₹35.84 Cr -₹44.03 Cr -₹16.4 Cr -₹8.4 Cr -₹23.78 Cr
Financing Cash Flow ₹34.18 Cr ₹9.19 Cr ₹22.97 Cr -₹29.51 Cr ₹18.18 Cr
Capital Expenditure ₹35.96 Cr ₹44.2 Cr ₹16.84 Cr ₹8.9 Cr ₹24.92 Cr
Free Cash Flow (computed) -₹34.29 Cr -₹9.38 Cr -₹23.4 Cr ₹29.02 Cr -₹20.62 Cr
Dividends Paid ₹70.3 Lakh ₹49.38 Lakh ₹49.87 Lakh ₹50.53 Lakh ₹2.95 Cr
Net Change in Cash ₹89,000 -₹1.55 Lakh ₹1.25 Lakh ₹73,000 -₹1.3 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹105.79 Cr ₹80.38 Cr ₹89.3 Cr ₹96.96 Cr ₹90.74 Cr ₹90.69 Cr ₹78.93 Cr ₹85.91 Cr ₹81.79 Cr ₹75.28 Cr ₹73.3 Cr ₹71.68 Cr
Other Income ₹8.2 Lakh ₹4.54 Lakh ₹3.4 Lakh ₹3.64 Lakh -₹9.18 Lakh ₹6.5 Lakh ₹22.13 Lakh ₹6.01 Lakh ₹10.37 Lakh ₹28.02 Lakh ₹2.33 Lakh ₹4.15 Lakh
Total Income ₹105.87 Cr ₹80.42 Cr ₹89.34 Cr ₹97 Cr ₹90.65 Cr ₹90.75 Cr ₹79.15 Cr ₹85.97 Cr ₹81.89 Cr ₹75.56 Cr ₹73.32 Cr ₹71.72 Cr
Cost of Materials Consumed ₹52 Cr ₹54.74 Cr ₹44.78 Cr ₹54.02 Cr ₹51.7 Cr ₹50.77 Cr ₹44.78 Cr ₹38.6 Cr ₹50.22 Cr ₹44.21 Cr ₹36.18 Cr ₹42.21 Cr
Purchases of Stock-in-Trade ₹3.79 Cr ₹2.19 Cr ₹3.28 Cr ₹5.49 Cr ₹2.43 Cr ₹4.07 Cr ₹2.12 Cr ₹10.24 Cr ₹3.53 Cr ₹4.78 Cr ₹2.25 Cr ₹2.01 Cr
Changes in Inventories ₹13.46 Cr -₹11.05 Cr ₹4.34 Cr -₹3.86 Cr -₹94.14 Lakh -₹3.33 Cr -₹5.22 Cr ₹2.8 Cr -₹7.76 Cr -₹6.32 Cr ₹11.56 Cr -₹1.51 Cr
Employee Benefit Expense ₹2.64 Cr ₹3.64 Cr ₹3.93 Cr ₹3.52 Cr ₹3.79 Cr ₹3.24 Cr ₹3.14 Cr ₹3.11 Cr ₹3.68 Cr ₹3.26 Cr ₹3.12 Cr ₹3.31 Cr
Finance Costs ₹2.15 Cr ₹1.85 Cr ₹1.38 Cr ₹1.43 Cr ₹1.36 Cr ₹1.34 Cr ₹1.32 Cr ₹1.25 Cr ₹1.07 Cr ₹97.9 Lakh ₹87.8 Lakh ₹80.1 Lakh
Depreciation & Amortisation ₹4.23 Cr ₹4.2 Cr ₹4.11 Cr ₹3.99 Cr ₹3.52 Cr ₹3.51 Cr ₹3.51 Cr ₹3.46 Cr ₹3.47 Cr ₹3.47 Cr ₹3.49 Cr ₹3.35 Cr
Other Expenses ₹28.59 Cr ₹27.92 Cr ₹30.62 Cr ₹31.38 Cr ₹27.5 Cr ₹29.62 Cr ₹28.1 Cr ₹24.92 Cr ₹31.69 Cr ₹24.41 Cr ₹23.39 Cr ₹26.33 Cr
Total Expenses ₹106.87 Cr ₹83.49 Cr ₹92.44 Cr ₹95.97 Cr ₹89.35 Cr ₹89.22 Cr ₹77.75 Cr ₹84.38 Cr ₹85.89 Cr ₹74.79 Cr ₹80.87 Cr ₹76.5 Cr
Profit Before Exceptional Items & Tax -₹1 Cr -₹3.07 Cr -₹3.1 Cr ₹1.03 Cr ₹1.3 Cr ₹1.53 Cr ₹1.41 Cr ₹1.59 Cr -₹4 Cr ₹77.01 Lakh -₹7.55 Cr -₹4.78 Cr
Exceptional Items ₹0 ₹0 ₹1.7 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹1 Cr -₹3.07 Cr -₹1.4 Cr ₹1.03 Cr ₹1.3 Cr ₹1.53 Cr ₹1.41 Cr ₹1.59 Cr -₹4 Cr ₹77.01 Lakh -₹7.55 Cr -₹4.78 Cr
Total Tax Expense -₹5.84 Cr ₹1.55 Cr -₹3.57 Lakh ₹32.13 Lakh -₹8.91 Lakh ₹34.42 Lakh ₹36.48 Lakh ₹43.61 Lakh ₹2.02 Cr ₹44.38 Lakh ₹5.67 Lakh ₹59.64 Lakh
Net Profit ₹4.84 Cr -₹4.62 Cr -₹1.37 Cr ₹71.1 Lakh ₹1.39 Cr ₹1.19 Cr ₹1.04 Cr ₹1.15 Cr -₹6.02 Cr ₹32.63 Lakh -₹7.6 Cr -₹5.38 Cr
Other Comprehensive Income -₹1.17 Cr ₹34.42 Lakh -₹29.7 Lakh -₹2.21 Lakh ₹20.18 Lakh -₹5.2 Lakh ₹4,000 ₹60,000 -₹11.21 Lakh ₹0 ₹5,000 ₹1.21 Lakh
Total Comprehensive Income ₹3.67 Cr -₹4.27 Cr -₹1.67 Cr ₹68.89 Lakh ₹1.59 Cr ₹1.14 Cr ₹1.04 Cr ₹1.16 Cr -₹6.13 Cr ₹32.63 Lakh -₹7.6 Cr -₹5.37 Cr
EBITDA (computed) ₹5.39 Cr ₹2.98 Cr ₹2.39 Cr ₹6.45 Cr ₹6.17 Cr ₹6.39 Cr ₹6.23 Cr ₹6.29 Cr ₹53.35 Lakh ₹5.22 Cr -₹3.18 Cr -₹63.04 Lakh
Basic EPS ₹6.02 ₹-5.75 ₹-1.70 ₹0.89 ₹1.73 ₹1.48 ₹1.30 ₹1.43 ₹-7.50 ₹0.41 ₹-9.47 ₹-6.70
Diluted EPS ₹6.02 ₹-5.75 ₹-1.70 ₹0.89 ₹1.73 ₹1.48 ₹1.30 ₹1.43 ₹-7.50 ₹0.41 ₹-9.47 ₹-6.70
Latest 12 quarters shown of 25 on record.
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Shareholding Pattern of Aksharchem (India ) Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 62.70%, domestic institutional investors hold 0.06%, retail and other public shareholders hold 37.25% of Aksharchem (India ) Limited. The company had 11,843 shareholders on record.

Promoters: 62.70%DII (Domestic Institutional): 0.06%Retail & Others: 37.25%
Mar 2026
QUARTER
62.70% Promoters
0.06% DII (Domestic Institutional)
37.25% Retail & Others
Promoter holding - history
Now 62.70% · Mar 2026High 70.33% · Mar 2017Low 61.40% · Dec 2021
60%63%66%69%72%Mar 2017Mar 2019Jun 2021Jun 2023Sep 2025Mar 2017: 70.33%Jun 2017: 70.33%Jul 2017: 62.70%Sep 2017: 62.70%Dec 2017: 62.70%Mar 2018: 62.70%Jun 2018: 62.70%Sep 2018: 62.70%Dec 2018: 62.70%Mar 2019: 62.70%Jun 2019: 62.70%Sep 2019: 62.70%Dec 2019: 62.70%Mar 2020: 62.70%Jun 2020: 62.70%Sep 2020: 62.70%Dec 2020: 62.70%Mar 2021: 62.70%Jun 2021: 62.70%Sep 2021: 62.70%Dec 2021: 61.40%Jan 2022: 62.70%Mar 2022: 62.70%Jun 2022: 62.70%Sep 2022: 62.70%Dec 2022: 62.70%Mar 2023: 62.70%Jun 2023: 62.70%Sep 2023: 62.70%Dec 2023: 62.70%Mar 2024: 62.70%Jun 2024: 62.70%Sep 2024: 62.70%Dec 2024: 62.70%Mar 2025: 62.70%Jun 2025: 62.70%Sep 2025: 62.70%Dec 2025: 62.70%Mar 2026: 62.70%70.33%61.40%62.70%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters62.70%62.70%62.70%62.70%62.70%62.70%
Public37.30%37.30%37.30%37.30%37.30%37.30%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Promoters62.70%62.70%62.70%62.70%62.70%62.70%62.70%62.70%62.70%70.33%
Public37.30%37.30%37.30%37.30%37.30%37.30%37.30%37.30%37.30%29.67%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00-7.63-

Board & Governance of Aksharchem (India ) Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Aksharchem (India ) Limited has 9 directors - 5 independent and 4 executive. The board is chaired by Paru Mrugesh Jaykrishna.

DirectorPositionOn board sinceListed boards
Paru Mrugesh Jaykrishna Executive Director · MD · Chairperson 1989-07-04 2
Munjal Mrugesh Jaykrishna Executive Director · CEO-MD 1995-06-28 1
Jigar Mukesh Patel Non-Executive - Independent Director 2017-12-11 1
Maitri Kirankumar Mehta Non-Executive - Independent Director 2019-03-28 2
Ashok Dolatsinh Barot Executive Director 2019-03-28 1
Nirav Kalyanbhai Shah Non-Executive - Independent Director 2024-08-02 4
Sameer Surendranarayan Sinha Non-Executive - Independent Director 2024-08-02 1
Keyur Dhanvantlal Gandhi Non-Executive - Independent Director 2024-08-02 2
Sachin Munjal Jaykrishna Executive Director 2024-08-02 1
Board Committees
CommitteeMembers
Audit Committee Nirav Kalyanbhai Shah (Chairperson), Jigar Mukesh Patel, Maitri Kirankumar Mehta
Nomination and remuneration committee Nirav Kalyanbhai Shah (Chairperson), Jigar Mukesh Patel, Maitri Kirankumar Mehta
Stakeholders Relationship Committee Nirav Kalyanbhai Shah (Chairperson), Jigar Mukesh Patel, Maitri Kirankumar Mehta
Corporate Social Responsibility Committee Paru Mrugesh Jaykrishna (Chairperson), Maitri Kirankumar Mehta, Nirav Kalyanbhai Shah

Charges & Borrowings of Aksharchem (India ) Limited

Open charges
₹187 Cr
Satisfied charges
₹0
Breakdown by lending institutions
State Bank of India₹130.00 Cr
Hdfc Bank Limited₹57.00 Cr
Latest charge details
DateLenderAmountStatus
25 Mar 2025 Hdfc Bank Limited ₹17 Cr Open
16 Nov 2021 Hdfc Bank Limited ₹40 Cr Open
23 May 2000 State Bank of India ₹65 Cr Open
26 Nov 1992 State Bank of India ₹65 Cr Open

Total charge records: 4 View all charges

Employees and EPFO Compliance at Aksharchem (India ) Limited

Aksharchem (India ) Limited has a workforce of 165 employees as of Apr 03, 2024.

Employee count
165
Active EPFO establishments
1
Employee growth
-10.33%
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Employee and EPFO history for Aksharchem (India ) Limited

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GST Compliance of Aksharchem (India ) Limited

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GST registrations and filing compliance for Aksharchem (India ) Limited

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Credit Ratings, Litigation & Regulatory Alerts for Aksharchem (India ) Limited

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Credit ratings, litigation, and regulatory alerts for Aksharchem (India ) Limited

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MSME Payment Delays by Aksharchem (India ) Limited

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MSME payment history for Aksharchem (India ) Limited

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Subsidiaries & Group Companies of Aksharchem (India ) Limited

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Corporate group structure for Aksharchem (India ) Limited

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MCA Filings & Documents of Aksharchem (India ) Limited

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MCA filings and documents for Aksharchem (India ) Limited

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Recent Activity on Aksharchem (India ) Limited

Directors
21 May 2026
Devalkumar Indrabal Suthar was appointed as a Whole-Time Director on 21 May 2026 & has been associated with this company since 2 months 2 days.
Charges
12 Jan 2026
A charge with State Bank Of India of Rs. 65.00 Cr registered on 23 May 2000 with Charge ID 90099199 was modified on 12 Jan 2026.
Charges
12 Jan 2026
A charge with State Bank Of India of Rs. 65.00 Cr registered on 26 Nov 1992 with Charge ID 90100273 was modified on 12 Jan 2026.
Activity
15 Sep 2025
Aksharchem (India ) Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Charges
25 Apr 2025
A charge with Hdfc Bank Limited of Rs. 17.00 Cr registered on 25 Mar 2025 with Charge ID 101070336 was modified on 25 Apr 2025.
Activity
31 Mar 2025
Aksharchem (India ) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.

Frequently Asked Questions about Aksharchem (India ) Limited

Aksharchem (India ) Limited is an active public limited company in the chemicals and materials sector based in Indrad, Gujarat, India. It was incorporated on 04 July 1989 (37+ years old) and is registered under CIN L24110GJ1989PLC012441. Listed on BSE: 524598 and NSE: AKSHARCHEM. The company has 165 employees.

Aksharchem (India ) Limited reported revenue of ₹372.43 Cr for FY 2026 (up 7.56% YoY) based on standalone NSE filings.

The current directors of Aksharchem (India ) Limited are:

The primary industry of Aksharchem (India ) Limited is chemicals and materials. The company specifically operates in dyes and pigments. The company is currently active in this sector.

Yes. Aksharchem (India ) Limited is listed on both BSE (code: 524598) and NSE (symbol: AKSHARCHEM).

Aksharchem (India ) Limited can be reached at the registered office: Aksharhouse Chhatral – Kadiroad, Indrad, Gujarat, India – 382715, or through the website aksharchemindia.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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