About Arex Industries Limited
Data last updated: 30 December 2025
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 the financials filed for FY 2025, the company reported a revenue of ₹51.84 Cr, a growth of 1% compared to the previous year.
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 ₹33.5 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 | ********* |
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 10 directors, with 11 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 2 Months | Current |
|
Neel Dinesh Bilgi
Also directs:
Arex Industries Limited
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Managing Director | 01 Aug 2005 | 20 Years 11 Months | Current |
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Manoj Uttam Shah
Also directs:
Arex Industries Limited, Vasants Labels Private Limited
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Director | 01 Sep 2024 | 1 Years 10 Months | Current |
|
Aviv Joseph Divekar
Also directs:
Arex Industries Limited, Astech Informatics Limited
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Director | 01 Sep 2021 | 4 Years 10 Months | Current |
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Pragnesh Kantilal Shah
Also directs:
Arex Industries Limited
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Director | 14 Dec 1990 | 35 Years 6 Months | Current |
|
Kairavi Neel Bilgi
Also directs:
Arex Industries Limited, Colourflex Laminators Limited
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Nodal Officer | 27 May 2022 | 4 Years 1 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 | ₹16.75 Cr | Open |
| 28 Nov 1994 | State Bank of India | ₹16.75 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 Count & EPFO Data of Arex Industries Limited
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GST Compliance of Arex Industries Limited
GSTIN & GST Filing Data of Arex Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Arex Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Arex Industries Limited
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MSME Payment Delays by Arex Industries Limited
MSME Payment Delays by Arex Industries Limited
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Subsidiaries & Group Companies of Arex Industries Limited
Subsidiaries & Group Companies of Arex Industries Limited
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MCA Filings & Documents of Arex Industries Limited
MCA Filings & Documents of 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 ₹51.84 Cr for FY 2025 (up 1.00% YoY).
The current directors of Arex Industries Limited are:
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.