About Arex Industries Limited
Data last updated: 14 July 2026
Arex Industries Limited is a public limited company based in Gandhinagar, Gujarat, India. It specialises in wind energy solutions, a part of the broader environmental services sector. Incorporated on 10 May 1989, the company has been in operation for over 37 years.
Registered with ROC Ahmedabad under CIN L14101GJ1989PLC012213. Listed on BSE: 526851.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.6 Cr. Formerly known as Arex Narrow Fabrics Limited and Arex Narrow Fabrics Private Limited. It is led by directors including Dinesh Apparao Bilgi and Neel Dinesh Bilgi.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 612 Gidc Industrial Estate Chhatral Tal.Kalol, Gandhinagar, Gujarat, India – 382729.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹49.64 Cr, a decline of 2.94% compared to the previous year. The net worth stands at ₹27.74 Cr (up 8.04% YoY). Total assets are valued at ₹44.97 Cr (down 3.55% YoY).
The company has a workforce of approximately 212 employees as per the latest available data.
The company is associated with 1 brand - Arex Industries. As per MCA filings, the company has open charges of ₹11.18 Cr and satisfied charges of ₹18.87 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 arex.co.in.
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Registered Address612 Gidc Industrial Estate Chhatral Tal.Kalol, Gandhinagar, Gujarat, India – 382729
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IndustryEnvironment, Wind Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Arex Industries Limited
Arex Industries Limited has undergone 2 name changes throughout its history. The company was previously known as Arex Narrow Fabrics Limited, and Arex Narrow Fabrics Private Limited. The current legal name is Arex Industries Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Arex Industries Limited | Current |
| Arex Narrow Fabrics Limited | Previous |
| Arex Narrow Fabrics Private Limited | Previous |
CIN History of Arex Industries Limited
Arex Industries Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L14101GJ1989PLC012213, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L14101GJ1989PLC012213 | Current |
| L99999GJ1989PTC012213 | Previous |
| L99999GJ1989PLC012213 | Previous |
Associated Brands with Arex Industries Limited
Arex Industries Limited operates one associated brand: Arex Industries. These brands represent Arex Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Woven labels are manufactured by Arex Industries in Gandhinagar. | arex.co.in |
Business Activity of Arex Industries Limited
Arex Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Arex Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Arex Industries Limited
Arex Industries Limited is audited by Sweta Patel & Associates (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE 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 |
|---|---|---|
| Sweta Patel & Associates (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Arex Industries Limited
Arex Industries 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Apparao Bilgi | Managing Director | 01 May 2009 | 17 Years 3 Months | Current |
|
Neel Dinesh Bilgi
Also directs:
Arex Industries Limited
|
Managing Director | 01 Aug 2005 | 21 Years 0 Months | Current |
|
Manoj Uttam Shah
Also directs:
Arex Industries Limited, Vasants Labels Private Limited
|
Director | 01 Sep 2024 | 1 Years 11 Months | Current |
|
Aviv Joseph Divekar
Also directs:
Arex Industries Limited, Astech Informatics Limited
|
Director | 01 Sep 2021 | 4 Years 11 Months | Current |
|
Pragnesh Kantilal Shah
Also directs:
Arex Industries Limited
|
Director | 14 Dec 1990 | 35 Years 8 Months | Current |
|
Laxman Chetandas Tilani
Also directs:
Arex Industries Limited
|
Director | 14 Dec 1990 | 35 Years 8 Months | Current |
Financials of Arex Industries Limited FY 2026 filings available
Arex Industries Limited reported revenue of ₹49.64 Cr (down 2.94% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹49.64 Cr | ₹51.14 Cr | ₹51.01 Cr | ₹45.02 Cr | ₹53.75 Cr | ₹40.88 Cr | ₹47.17 Cr | ₹40.72 Cr |
| Other Income | ₹6.22 Lakh | ₹69.44 Lakh | ₹9.38 Lakh | ₹13.41 Lakh | ₹6.3 Lakh | ₹4.15 Lakh | ₹11.3 Lakh | ₹42.04 Lakh |
| Total Income | ₹49.7 Cr | ₹51.84 Cr | ₹51.1 Cr | ₹45.16 Cr | ₹53.82 Cr | ₹40.92 Cr | ₹47.28 Cr | ₹41.14 Cr |
| Cost of Materials Consumed | ₹13.65 Cr | ₹14.24 Cr | ₹14.65 Cr | ₹13.54 Cr | ₹15.65 Cr | ₹13.7 Cr | ₹13.9 Cr | ₹11.6 Cr |
| Purchases of Stock-in-Trade | ₹16.24 Lakh | ₹25.04 Lakh | ₹14.43 Lakh | ₹21.98 Lakh | ₹34.71 Lakh | ₹38.71 Lakh | ₹36.05 Lakh | ₹24.68 Lakh |
| Changes in Inventories | ₹14.94 Lakh | ₹16.12 Lakh | ₹41.61 Lakh | ₹6.53 Lakh | -₹60.06 Lakh | -₹60.43 Lakh | -₹32.59 Lakh | -₹1.07 Cr |
| Employee Benefit Expense | ₹17.69 Cr | ₹17.36 Cr | ₹16.02 Cr | ₹13.65 Cr | ₹15.29 Cr | ₹11.6 Cr | ₹14.18 Cr | ₹11.45 Cr |
| Finance Costs | ₹1.04 Cr | ₹1.09 Cr | ₹1.33 Cr | ₹1.81 Cr | ₹2.11 Cr | ₹2.98 Cr | ₹3.13 Cr | ₹2.54 Cr |
| Depreciation & Amortisation | ₹4.36 Cr | ₹4.13 Cr | ₹4.16 Cr | ₹4.23 Cr | ₹4.49 Cr | ₹4.76 Cr | ₹4.85 Cr | ₹4.02 Cr |
| Other Expenses | ₹10.73 Cr | ₹10.94 Cr | ₹10.69 Cr | ₹10.63 Cr | ₹11.88 Cr | ₹8.89 Cr | ₹9.74 Cr | ₹8.86 Cr |
| Total Expenses | ₹47.78 Cr | ₹48.17 Cr | ₹47.41 Cr | ₹44.15 Cr | ₹49.17 Cr | ₹41.73 Cr | ₹45.84 Cr | ₹37.66 Cr |
| Profit Before Exceptional Items & Tax | ₹1.92 Cr | ₹3.67 Cr | ₹3.69 Cr | ₹1.01 Cr | ₹4.65 Cr | -₹80.8 Lakh | ₹1.45 Cr | ₹3.48 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.92 Cr | ₹3.67 Cr | ₹3.69 Cr | ₹1.01 Cr | ₹4.65 Cr | -₹80.8 Lakh | ₹1.45 Cr | ₹3.48 Cr |
| Total Tax Expense | ₹43.73 Lakh | ₹1.03 Cr | ₹1.15 Cr | ₹30.91 Lakh | ₹95.28 Lakh | ₹19.67 Lakh | ₹56.25 Lakh | ₹96.15 Lakh |
| Net Profit | ₹1.48 Cr | ₹2.63 Cr | ₹2.54 Cr | ₹70.08 Lakh | ₹3.7 Cr | -₹1 Cr | ₹88.29 Lakh | ₹2.52 Cr |
| Other Comprehensive Income | ₹10.88 Lakh | ₹0 | ₹0 | ₹0 | ₹1.48 Lakh | ₹90,000 | ₹0 | -₹1.64 Lakh |
| Total Comprehensive Income | ₹1.59 Cr | ₹2.63 Cr | ₹2.54 Cr | ₹70.08 Lakh | ₹3.71 Cr | -₹99.57 Lakh | ₹88.29 Lakh | ₹2.51 Cr |
| EBITDA (computed) | ₹7.31 Cr | ₹8.89 Cr | ₹9.18 Cr | ₹7.06 Cr | ₹11.25 Cr | ₹6.94 Cr | ₹9.42 Cr | ₹10.05 Cr |
| Basic EPS | ₹4.12 | ₹7.32 | ₹6.42 | ₹1.77 | ₹9.34 | ₹-2.54 | ₹2.23 | ₹6.37 |
| Diluted EPS | ₹4.12 | ₹7.32 | ₹6.42 | ₹1.77 | ₹9.34 | ₹-2.54 | ₹2.23 | ₹6.37 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹44.97 Cr | ₹46.62 Cr | ₹50.16 Cr | ₹52.69 Cr | ₹58.45 Cr | ₹62.66 Cr | ₹64.18 Cr | ₹67.52 Cr |
| Non-current Assets | ₹29.3 Cr | ₹28.75 Cr | ₹31.33 Cr | ₹34.52 Cr | ₹38.12 Cr | ₹41.64 Cr | ₹44.38 Cr | ₹48.43 Cr |
| Current Assets | ₹15.66 Cr | ₹17.87 Cr | ₹18.84 Cr | ₹18.18 Cr | ₹20.34 Cr | ₹21.02 Cr | ₹19.8 Cr | ₹19.08 Cr |
| Property, Plant & Equipment | ₹25.39 Cr | ₹26.99 Cr | ₹30.36 Cr | ₹33.39 Cr | ₹36.14 Cr | ₹39.41 Cr | ₹43.21 Cr | ₹46.35 Cr |
| Inventories | ₹7.53 Cr | ₹7.81 Cr | ₹7.99 Cr | ₹8.89 Cr | ₹9.65 Cr | ₹8.31 Cr | ₹7.59 Cr | ₹5.94 Cr |
| Trade Receivables | ₹6.83 Cr | ₹8.07 Cr | ₹9.56 Cr | ₹8.14 Cr | ₹9.44 Cr | ₹11.56 Cr | ₹10.68 Cr | ₹10.5 Cr |
| Cash & Equivalents | ₹10.58 Lakh | ₹4.53 Lakh | ₹2.08 Lakh | ₹5.15 Lakh | ₹4.74 Lakh | ₹3.67 Lakh | ₹6.17 Lakh | ₹3.75 Lakh |
| Equity (Net Worth) | ₹27.74 Cr | ₹25.67 Cr | ₹31.61 Cr | ₹29.07 Cr | ₹28.37 Cr | ₹24.65 Cr | ₹25.65 Cr | ₹25.72 Cr |
| Equity Share Capital | ₹3.6 Cr | ₹3.6 Cr | ₹3.96 Cr | ₹3.96 Cr | ₹3.96 Cr | ₹3.96 Cr | ₹3.96 Cr | ₹3.96 Cr |
| Borrowings (Non-current) | ₹0 | ₹5.25 Cr | ₹6.54 Cr | ₹11.38 Cr | ₹16.15 Cr | ₹25.16 Cr | ₹26.34 Cr | ₹29.83 Cr |
| Borrowings (Current) | ₹10.6 Cr | ₹7.09 Cr | ₹3.95 Cr | ₹6.37 Cr | ₹7.17 Cr | ₹1.3 Cr | ₹2.78 Cr | ₹3.39 Cr |
| Total Debt (computed) | ₹10.6 Cr | ₹12.33 Cr | ₹10.49 Cr | ₹17.75 Cr | ₹23.32 Cr | ₹26.45 Cr | ₹29.12 Cr | ₹33.22 Cr |
| Current Liabilities | ₹15.65 Cr | ₹13.58 Cr | ₹9.71 Cr | ₹10.49 Cr | ₹12.31 Cr | ₹11.4 Cr | ₹10.94 Cr | ₹11.04 Cr |
| Total Liabilities | ₹17.23 Cr | ₹20.95 Cr | ₹18.55 Cr | ₹23.63 Cr | ₹30.09 Cr | ₹38.01 Cr | ₹38.53 Cr | ₹41.8 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹7.58 Cr | ₹8.91 Cr | ₹9.5 Cr | ₹8.12 Cr | ₹10.46 Cr |
| Investing Cash Flow | -₹4.74 Cr | -₹79.09 Lakh | -₹94.01 Lakh | -₹73.17 Lakh | -₹60.45 Lakh |
| Financing Cash Flow | -₹2.77 Cr | -₹8.09 Cr | -₹8.59 Cr | -₹7.38 Cr | -₹9.85 Cr |
| Capital Expenditure | ₹2.75 Cr | ₹78.26 Lakh | ₹1.13 Cr | ₹1.49 Cr | ₹1.25 Cr |
| Free Cash Flow (computed) | ₹4.82 Cr | ₹8.12 Cr | ₹8.36 Cr | ₹6.63 Cr | ₹9.21 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹6.05 Lakh | ₹2.45 Lakh | -₹3.07 Lakh | ₹41,300 | ₹1.07 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹12.38 Cr | ₹12.99 Cr | ₹13.01 Cr | ₹11.27 Cr | ₹12.64 Cr | ₹13.2 Cr | ₹12.34 Cr | ₹12.97 Cr |
| Other Income | ₹5.83 Lakh | ₹0 | ₹10,000 | ₹29,000 | ₹4.2 Lakh | ₹6,000 | ₹65.18 Lakh | ₹0 |
| Total Income | ₹12.43 Cr | ₹12.99 Cr | ₹13.01 Cr | ₹11.27 Cr | ₹12.68 Cr | ₹13.2 Cr | ₹12.99 Cr | ₹12.97 Cr |
| Cost of Materials Consumed | ₹3.72 Cr | ₹3.32 Cr | ₹3.49 Cr | ₹3.12 Cr | ₹3.78 Cr | ₹3.09 Cr | ₹3.51 Cr | ₹3.85 Cr |
| Purchases of Stock-in-Trade | ₹2.25 Lakh | ₹25,000 | ₹8.72 Lakh | ₹5.02 Lakh | ₹3.47 Lakh | ₹78,000 | ₹2.14 Lakh | ₹18.65 Lakh |
| Changes in Inventories | ₹6.26 Lakh | ₹1,000 | -₹4.73 Lakh | ₹13.4 Lakh | ₹13.45 Lakh | ₹17.69 Lakh | ₹43.07 Lakh | -₹58.09 Lakh |
| Employee Benefit Expense | ₹4.67 Cr | ₹5.12 Cr | ₹4.1 Cr | ₹3.8 Cr | ₹4.44 Cr | ₹4.31 Cr | ₹4.31 Cr | ₹4.31 Cr |
| Finance Costs | ₹18.84 Lakh | ₹26.35 Lakh | ₹29.12 Lakh | ₹29.45 Lakh | ₹32.06 Lakh | ₹35.32 Lakh | ₹15.94 Lakh | ₹26.08 Lakh |
| Depreciation & Amortisation | ₹1.16 Cr | ₹1.06 Cr | ₹1.06 Cr | ₹1.06 Cr | ₹1.13 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Other Expenses | ₹2.5 Cr | ₹3.01 Cr | ₹2.74 Cr | ₹2.47 Cr | ₹2.49 Cr | ₹3.04 Cr | ₹2.7 Cr | ₹2.71 Cr |
| Total Expenses | ₹12.33 Cr | ₹12.79 Cr | ₹11.73 Cr | ₹10.93 Cr | ₹12.33 Cr | ₹11.97 Cr | ₹12.13 Cr | ₹11.73 Cr |
| Profit Before Exceptional Items & Tax | ₹10.85 Lakh | ₹19.6 Lakh | ₹1.27 Cr | ₹34.09 Lakh | ₹34.76 Lakh | ₹1.23 Cr | ₹85.74 Lakh | ₹1.23 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹10.85 Lakh | ₹19.6 Lakh | ₹1.27 Cr | ₹34.09 Lakh | ₹34.76 Lakh | ₹1.23 Cr | ₹85.74 Lakh | ₹1.23 Cr |
| Total Tax Expense | ₹13.43 Lakh | -₹6.39 Lakh | ₹27.3 Lakh | ₹9.39 Lakh | ₹9.01 Lakh | ₹24.93 Lakh | ₹28.78 Lakh | ₹40.49 Lakh |
| Net Profit | -₹2.58 Lakh | ₹25.99 Lakh | ₹1 Cr | ₹24.7 Lakh | ₹25.75 Lakh | ₹97.73 Lakh | ₹56.96 Lakh | ₹82.97 Lakh |
| Other Comprehensive Income | ₹10.88 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹8.3 Lakh | ₹25.99 Lakh | ₹1 Cr | ₹24.7 Lakh | ₹25.75 Lakh | ₹97.73 Lakh | ₹56.96 Lakh | ₹82.97 Lakh |
| EBITDA (computed) | ₹1.46 Cr | ₹1.52 Cr | ₹2.63 Cr | ₹1.7 Cr | ₹1.8 Cr | ₹2.58 Cr | ₹2.02 Cr | ₹2.5 Cr |
| Basic EPS | ₹-0.07 | ₹0.72 | ₹2.78 | ₹0.69 | ₹0.72 | ₹2.72 | ₹1.58 | ₹2.10 |
| Diluted EPS | ₹-0.07 | ₹0.72 | ₹2.78 | ₹0.69 | ₹0.72 | ₹2.72 | ₹1.58 | ₹2.10 |
Charges & Borrowings of Arex Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 1994 | State Bank of India | ₹5.59 Cr | Open |
| 28 Nov 1994 | State Bank of India | ₹5.59 Cr | Open |
| 26 Sep 2014 | The Bhagyodaya Co-Op. Bank Ltd. | ₹15 Lakh | Satisfied |
| 26 Sep 2014 | Hdfc Bank Limited | ₹10.95 Lakh | Satisfied |
| 20 Sep 2014 | The Bhagyodaya Co-Op. Bank Ltd. | ₹5 Lakh | Satisfied |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Arex Industries Limited
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Employee and EPFO history for Arex Industries Limited
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GST Compliance of Arex Industries Limited
GST registrations and filing compliance for Arex Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Arex Industries Limited
Credit ratings, litigation, and regulatory alerts for Arex Industries Limited
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MSME Payment Delays by Arex Industries Limited
MSME payment history for Arex Industries Limited
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Subsidiaries & Group Companies of Arex Industries Limited
Corporate group structure for Arex Industries Limited
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MCA Filings & Documents of Arex Industries Limited
MCA filings and documents for Arex Industries Limited
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Recent Activity on Arex Industries Limited
Frequently Asked Questions about Arex Industries Limited
Arex Industries Limited is an active public limited company in the environment sector based in Gandhinagar, Gujarat, India. It was incorporated on 10 May 1989 (37+ years old) and is registered under CIN L14101GJ1989PLC012213. Listed on BSE: 526851. The company has 212 employees.
Arex Industries Limited reported revenue of ₹49.64 Cr for FY 2026 (down 2.94% YoY) based on standalone BSE filings.
The current directors of Arex Industries Limited are:
- Dinesh Apparao Bilgi - Managing Director
- Neel Dinesh Bilgi - Managing Director
- Manoj Uttam Shah - Director
- Aviv Joseph Divekar - Director
- Pragnesh Kantilal Shah - Director
- Laxman Chetandas Tilani - Director
- Rekha Agarwal - Director
- Chirag Dinesh Bilgi - Managing Director
- Sunil Bansibhai Shah - Director
The primary industry of Arex Industries Limited is environment. The company specifically operates in wind energy solutions. The company is currently active in this sector.
Yes. Arex Industries Limited is listed on BSE with code 526851.
Arex Industries Limited can be reached at the registered office: 612 Gidc Industrial Estate Chhatral Tal.Kalol, Gandhinagar, Gujarat, India – 382729, or through the website arex.co.in.