Akshay Refractory Monoliths Private Limited

Akshay Refractory Monoliths Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U26922MH1988PTC046539 Incorporated 15 March 1988 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2024
₹78.8 Lakh
▲ 45% YoY
Net loss · FY 2024
₹4.22 Lakh
Net margin -5.4%
EBITDA · FY 2024
₹8.14 Lakh
EBITDA margin 10.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Satisfied charges
₹53.5 Lakh
No open charges
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings

About Akshay Refractory Monoliths Private Limited

Data last updated:

Akshay Refractory Monoliths Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 15 March 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26922MH1988PTC046539. Its GSTIN is 24AAACA3819J1ZW (Gujarat).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Jagruti Mehul Jani and Mehul Jagdish Jani.

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 Jani Estate Ghatla Village Rdchembur, Mumbai, Maharashtra, India – 400071.

As per the financials filed for FY 2024, the company reported a revenue of ₹78.8 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹4.22 Lakh (net margin -5.4%) and EBITDA of ₹8.14 Lakh (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.

As per MCA filings, the company has satisfied charges of ₹53.5 Lakh on record.

Akshay Refractory Monoliths Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0011742). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U26922MH1988PTC046539
Registration Number 046539
Incorporation Date 15 March 1988
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 Micro
Udyam Registration UDYAM-GJ-01-0011742

Recognitions & Rankings of Akshay Refractory Monoliths

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0011742

Contact details

Akshay Refractory Monoliths Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Jani Estate Ghatla Village Rdchembur, Mumbai, Maharashtra, India – 400071
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Akshay Refractory Monoliths Private Limited, buy the company report.

Comprehensive company report
Akshay Refractory Monoliths 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 activity of Akshay Refractory Monoliths is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Akshay Refractory Monoliths Private Limited, buy the company report.

Financials of Akshay Refractory Monoliths Private Limited

FY 2025 filings available

Akshay Refractory Monoliths Private Limited reported revenue of ₹78.8 Lakh (up 45% YoY) for FY 2024.

Revenue · FY 2024
₹78.8 Lakh ▲ 45%
Net loss · FY 2024
₹4.22 Lakh margin -5.4%
EBITDA · FY 2024
₹8.14 Lakh margin 10.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 45%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 832%
5 years · compounded
▲ 50%

Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 38% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹8.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.22 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.3%
Net Profit Margin-5.4%
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 Akshay Refractory Monoliths Private Limited, buy the company report.

Board of directors of Akshay Refractory Monoliths Private Limited

Akshay Refractory Monoliths has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jagruti Mehul JaniDirector31 Dec 201411 Years 10 MonthsCurrent
Mehul Jagdish JaniDirector15 Mar 198838 Years 7 MonthsCurrent

Shareholding

The shareholding of Akshay Refractory Monoliths Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Akshay Refractory Monoliths Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹53.5 Lakh
Breakdown by lending institutions
The Bharat Sahakari Bank Limited₹0.50 Cr
Jankalyan Sahakari Bank Ltd₹0.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Jul 200290213870The Bharat Sahakari Bank Limited₹50 LakhSatisfied
16 Oct 199790213088Jankalyan Sahakari Bank Ltd₹3.5 LakhSatisfied

To see the full charge records of Akshay Refractory Monoliths Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

GST

Akshay Refractory Monoliths has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACA3819J1ZWGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Akshay Refractory Monoliths Private Limited, buy the company report.

Recent activity

Akshay Refractory Monoliths Private Limited has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Jagdish Himmatlal Jani ceased to be Director on 04 Jul 2015.

AGM
Akshay Refractory Monoliths Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Akshay Refractory Monoliths Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 16 Oct 1997 via Charge ID 90213088 with Jankalyan Sahakari Bank Ltd was fully satisfied on 06 Apr 2018.
Ceased
Jagdish Himmatlal Jani ceased to be Director.
Appointed
Jagruti Mehul Jani was appointed as Director.
Charges
A charge registered on 10 Jul 2002 via Charge ID 90213870 with The Bharat Sahakari Bank Limited was fully satisfied on 19 Dec 2014.
Charges
A charge with The Bharat Sahakari Bank Limited of Rs. 50.00 Lakh registered on 10 Jul 2002 with Charge ID 90213870 was modified on 22 Feb 2012.
Charges
A charge with The Bharat Sahakari Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 90213870 was registered on 10 Jul 2002.
Charges
A charge with Jankalyan Sahakari Bank Ltd amounted to Rs. 3.50 Lakh with Charge ID 90213088 was registered on 16 Oct 1997.
Appointed
Mehul Jagdish Jani was appointed as Director.
Incorporation
15 Mar 1988
Akshay Refractory Monoliths Private Limited was registered on 15 Mar 1988 with Roc Mumbai & aged 38 years 7 months as per MCA records.

Frequently asked questions

Akshay Refractory Monoliths is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 15 March 1988 (38+ years old) and is registered under CIN U26922MH1988PTC046539.

Akshay Refractory Monoliths has 2 current directors:

The latest financial statements of Akshay Refractory Monoliths 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 Akshay Refractory Monoliths is 24AAACA3819J1ZW, registered in Gujarat.

The CIN (Corporate Identification Number) of Akshay Refractory Monoliths is U26922MH1988PTC046539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akshay Refractory Monoliths was incorporated on 15 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.

Jagdish Himmatlal Jani ceased to be Director on 04 Jul 2015. Jagruti Mehul Jani was appointed as Director on 31 Dec 2014. Mehul Jagdish Jani was appointed as Director on 15 Mar 1988.

Yes, Akshay Refractory Monoliths is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0011742).

The registered office of Akshay Refractory Monoliths is at Jani Estate Ghatla Village Rdchembur, Mumbai, Maharashtra, India – 400071.

Akshay Refractory Monoliths operates in the manufacturing industry, in the construction materials segment.