MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-08-0038232
Axel Technologies Private Limited - information technology in Kozhikode, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.89 Cr
▼ 1% YoY
Net profit · FY 2024
₹21,313
Net margin 0.1%
EBITDA · FY 2024
₹10.08 Lakh
EBITDA margin 3.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Axel Technologies Private Limited
Data last updated:
Axel Technologies Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2013PTC033079. Its GSTIN is 32AALCA2749L1ZH (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Cherukad Nishad Afsal (Managing Director) and Jashna.
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 32/981C Vallath Chelavoor P O, Kozhikode, Kerala, India – 673571.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.89 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹21,313 (net margin 0.1%) and EBITDA of ₹10.08 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 17% over five years.
The company is associated with 1 brand: Axel Technologies. As per MCA filings, the company has open charges of ₹40 Lakh on record.
Axel Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0038232). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axeltechnologies.com.
Company details
CIN U72200KL2013PTC033079
Registration Number 033079
Incorporation Date 07 January 2013
ROC Ernakulam
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-KL-08-0038232
Recognitions & Rankings of Axel Technologies
Contact details
Axel Technologies Private Limited's registered office is in Kozhikode, Kerala. Its website is axeltechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address32/981C Vallath Chelavoor P O, Kozhikode, Kerala, India – 673571
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Axel Technologies Private Limited, buy the company report.
Comprehensive company report
Axel Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Axel Technologies operates one associated brand: Axel Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Custom software applications are designed and developed by Axel Technologies. | axeltechnologies.com |
Business activity
The main business activity of Axel Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Axel Technologies Private Limited, buy the company report.
Financials of Axel Technologies Private Limited
FY 2025 filings availableAxel Technologies Private Limited reported revenue of ₹2.89 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹2.89 Cr ▼ 1%
Net profit · FY 2024
₹21,313 margin 0.1%
EBITDA · FY 2024
₹10.08 Lakh margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 23%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 15%
5 years · compounded
▼ 5%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 61% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.08 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹21,313 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Axel Technologies Private Limited, buy the company report.
Board of directors of Axel Technologies Private Limited
Axel Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jashna | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
| Cherukad Nishad Afsal | Managing Director | 07 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Axel Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tugboat Info Solutions Private Limited | ₹2.89 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Advanze Tech Computers India Private Limited | ₹2.89 Cr (FY 2025) | -22.0% | Brajrajnagar, Odisha, India | |||
| Opendoors Business Solutions Private Limited | ₹2.89 Cr (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| Unitebrainz Solutions Private Limited | ₹2.89 Cr (FY 2025) | 28.0% | Ahmedabad, Gujarat, India | |||
| Wisflux Private Limited | ₹2.89 Cr (FY 2024) | 6.0% | Jaipur, Rajasthan, India | |||
| Axel Technologies Private Limitedthis company | ₹2.89 Cr (FY 2024) | ₹21,313 | 0.1% | -1.0% | Kozhikode, Kerala, India | |
| Excel Info Soft Solutions Private Limited | ₹2.89 Cr (FY 2024) | 16.0% | Pune, Maharashtra, India | |||
| Dynamatix Analytics Private Limited | ₹2.89 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| Comtech Software Solutions Private Limited | ₹2.89 Cr (FY 2024) | 97.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Axel Technologies Private Limited, buy the company report.
Auditor
Axel Technologies Private Limited is audited by B P K & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P K & ASSOCIATES | FY 2023 | 013335S |
Shareholding
The shareholding of Axel Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Axel Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2024 | 100940951 | Others | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Axel Technologies 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 Axel Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axel Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCA2749L1ZH | Kerala | Active | 01 Jul 2017 |
| 32AALCA2749L2ZG | Kerala | Active | 03 Jun 2019 |
To see the full GST registrations and return filing status of Axel Technologies Private Limited, buy the company report.
Recent activity
Axel Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Cherukad Nishad Afsal was appointed as Managing Director on 07 Jan 2013.
AGM
Axel Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Axel Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100940951 was registered on 03 Jun 2024.
Appointed
Cherukad Nishad Afsal was appointed as Managing Director.
Appointed
Jashna was appointed as Director.
Incorporation
07 Jan 2013
Axel Technologies Private Limited was registered on 07 Jan 2013 with Roc Ernakulam & aged 13 years 9 months as per MCA records.
Frequently asked questions
Axel Technologies is an active private limited company based in Kozhikode, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 January 2013 (13+ years old) and is registered under CIN U72200KL2013PTC033079.
Axel Technologies has 2 current directors:
- Cherukad Nishad Afsal - Managing Director
- Jashna - Director
The latest financial statements of Axel Technologies 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 Axel Technologies is 32AALCA2749L1ZH, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AALCA2749L2ZG (Kerala).
The CIN (Corporate Identification Number) of Axel Technologies is U72200KL2013PTC033079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axel Technologies was incorporated on 07 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Axel Technologies by revenue are Tugboat Info Solutions Private Limited, Advanze Tech Computers India Private Limited, Opendoors Business Solutions Private Limited, Unitebrainz Solutions Private Limited, Wisflux Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Cherukad Nishad Afsal was appointed as Managing Director on 07 Jan 2013. Jashna was appointed as Director on 07 Jan 2013.
Yes, Axel Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-08-0038232).
Axel Technologies can be reached through the website axeltechnologies.com. Its registered office is in Kozhikode, Kerala, India.
The registered office of Axel Technologies is at 32981C Vallath Chelavoor P O, Kozhikode, Kerala, India – 673571.