MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0006926
Axardeep Polymers Private Limited - manufacturing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.2 Cr
▲ 12% YoY
Net profit · FY 2025
₹1.35 Cr
Net margin 4.5%
EBITDA · FY 2025
₹2.62 Cr
EBITDA margin 8.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹85 Lakh
Issued & subscribed
Open charges
₹11.86 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
5
As per MCA filings
About Axardeep Polymers Private Limited
Data last updated:
Axardeep Polymers Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 02 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2006PTC047861. Its GSTIN is 24AAGCA7312Q1ZG (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It is led by directors including Rasikbhai Naranbhai Ghodasara and Krishnakant Purshottam Bhojani.
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 Plot No.39 (G.I.D.C. Por Raman Gamdi Ind. Estate) At Por, Vadodara, Gujarat, India – 391243.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.2 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 4.5%) and EBITDA of ₹2.62 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹11.86 Cr on record.
Axardeep Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0006926). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axardeeppolymers.in.
Company details
CIN U25200GJ2006PTC047861
Registration Number 047861
Incorporation Date 02 March 2006
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-24-0006926
Key People
Rasikbhai Naranbhai Ghodasara Director Krishnakant Purshottam Bhojani Director Chandulal Ghodasara Director Recognitions & Rankings of Axardeep Polymers
Contact details
Axardeep Polymers Private Limited's registered office is in Vadodara, Gujarat. Its website is axardeeppolymers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.39 (G.I.D.C. Por Raman Gamdi Ind. Estate) At Por, Vadodara, Gujarat, India – 391243
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Axardeep Polymers Private Limited, buy the company report.
Comprehensive company report
Axardeep Polymers 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 Axardeep Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Axardeep Polymers Private Limited, buy the company report.
Financials of Axardeep Polymers Private Limited
FY 2025 filings availableAxardeep Polymers Private Limited reported revenue of ₹30.2 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹30.2 Cr ▲ 12%
Net profit · FY 2025
₹1.35 Cr margin 4.5%
EBITDA · FY 2025
₹2.62 Cr margin 8.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 4%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 3%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 12% growth in the latest year. EBITDA fell 5% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.35 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Axardeep Polymers Private Limited, buy the company report.
Board of directors of Axardeep Polymers Private Limited
Axardeep Polymers has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasikbhai Naranbhai Ghodasara | Director | 02 Mar 2006 | 20 Years 7 Months | Current |
| Krishnakant Purshottam Bhojani Also directs: Axardeep Industries Private Limited | Director | 02 Mar 2006 | 20 Years 7 Months | Current |
| Chandulal Ghodasara Also directs: Axardeep Industries Private Limited | Director | 02 Mar 2006 | 20 Years 7 Months | Current |
| Pradipkumar Pravinbhai Ghodasara Also directs: Axardeep Industries Private Limited | Director | 02 Mar 2006 | 20 Years 7 Months | Current |
| Subhashchandra Naranbhai Ghodasara | Director | 02 Mar 2006 | 20 Years 7 Months | Current |
Peer comparison
Axardeep Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers, Wood, MDF, Particle Board and Plywood), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jakhotia Polychem Private Limited | ₹30.24 Cr (FY 2025) | 47.0% | Hyderabad, Telangana, India | |||
| Axardeep Polymers Private Limitedthis company | ₹30.2 Cr (FY 2025) | ₹1.35 Cr | 4.5% | 12.0% | Vadodara, Gujarat, India | |
| Winley Polymers Private Limited | ₹29.88 Cr (FY 2025) | 10.0% | Jalgaon, Maharashtra, India | |||
| Micro Resins Private Limited | ₹29.82 Cr (FY 2025) | 11.0% | Vapi, Gujarat, India |
To see the full peer comparison of Axardeep Polymers Private Limited, buy the company report.
Auditor
Axardeep Polymers Private Limited is audited by KHEDKAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHEDKAR & CO | FY 2023 | 130838W |
Shareholding
The shareholding of Axardeep Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Axardeep Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.86 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101183350 | Bank of India | ₹40 Lakh | Open | |
| 16 Aug 2024 | 100975864 | Bank of India | ₹18.75 Lakh | Open | |
| 16 Aug 2024 | 100976808 | Bank of India | ₹20 Lakh | Open | |
| 30 Jun 2022 | 100592336 | Bank of India | ₹18.98 Lakh | Open | |
| 06 Nov 2020 | 100406776 | Bank of India | ₹15 Lakh | Open |
To see the full charge records of Axardeep Polymers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Axardeep Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Axardeep Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axardeep Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA7312Q1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Axardeep Polymers Private Limited, buy the company report.
Recent activity
Axardeep Polymers Private Limited has 5 board changes on record since 2006: 5 appointments. The latest: Chandulal Ghodasara was appointed as Director on 02 Mar 2006.
AGM
Axardeep Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 0.40 Cr with Charge ID 101183350 was registered on 26 Sep 2025.
Filing
Axardeep Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Bank Of India amounted to Rs. 0.19 Cr with Charge ID 100975864 was registered on 16 Aug 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.20 Cr with Charge ID 100976808 was registered on 16 Aug 2024.
Charges
A charge with Bank Of India of Rs. 7.29 Cr registered on 19 Mar 2013 with Charge ID 10413887 was modified on 20 Oct 2022.
Charges
A charge with Bank Of India amounted to Rs. 0.19 Cr with Charge ID 100592336 was registered on 30 Jun 2022.
Charges
A charge with Bank Of India amounted to Rs. 0.15 Cr with Charge ID 100406776 was registered on 06 Nov 2020.
Charges
A charge with Bank Of India of Rs. 3.36 Cr registered on 20 Mar 2013 with Charge ID 10413890 was modified on 16 Dec 2019.
Charges
A charge with Bank Of India amounted to Rs. 0.08 Cr with Charge ID 100157065 was registered on 07 Feb 2018.
Charges
A charge with Bank Of India amounted to Rs. 3.36 Cr with Charge ID 10413890 was registered on 20 Mar 2013.
Charges
A charge with Bank Of India amounted to Rs. 7.29 Cr with Charge ID 10413887 was registered on 19 Mar 2013.
6 earlier events are in the company report.
Frequently asked questions
Axardeep Polymers is an active private limited company based in Vadodara, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 02 March 2006 (20+ years old) and is registered under CIN U25200GJ2006PTC047861.
Axardeep Polymers has 5 current directors:
- Rasikbhai Naranbhai Ghodasara - Director
- Krishnakant Purshottam Bhojani - Director
- Chandulal Ghodasara - Director
- Pradipkumar Pravinbhai Ghodasara - Director
- Subhashchandra Naranbhai Ghodasara - Director
The latest financial statements of Axardeep Polymers 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 Axardeep Polymers is 24AAGCA7312Q1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Axardeep Polymers is U25200GJ2006PTC047861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axardeep Polymers was incorporated on 02 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Axardeep Polymers by revenue are Jakhotia Polychem Private Limited, Winley Polymers Private Limited, Micro Resins Private Limited, all in the Manufacturing industry (Plastics and Resins, Polymers, Wood, MDF, Particle Board and Plywood), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Chandulal Ghodasara was appointed as Director on 02 Mar 2006. Krishnakant Purshottam Bhojani was appointed as Director on 02 Mar 2006. Pradipkumar Pravinbhai Ghodasara was appointed as Director on 02 Mar 2006. Axardeep Polymers has 5 board changes on record in total.
Yes, Axardeep Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0006926).
Axardeep Polymers can be reached through the website axardeeppolymers.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Axardeep Polymers is at Plot No.39 G.I.D.C. Por Raman Gamdi Ind. Estate At Por, Vadodara, Gujarat, India – 391243.
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