About Axil Core Business Private Limited
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Axil Core Business Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Relax Vyapaar Private Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 15 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC226956. Its GSTIN is 27AAKCA2581R1ZZ (Maharashtra). The company holds 22 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.16 Cr. It is led by directors Abhay Kumar and Arvind Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 107 – Floor – 1 Plot 1/4 1 Civic Shopping Center Mgs Marg Dastoorwadi Dadar(E), Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.61 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹18.04 Lakh (net margin 1.3%) and EBITDA of ₹39.28 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Axil Core Business. As per MCA filings, the company has open charges of ₹5.06 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axilbusiness.in.
Company details
Contact details
Axil Core Business Private Limited's registered office is in Mumbai, Maharashtra. Its website is axilbusiness.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address107 – Floor – 1 Plot 1/4 1 Civic Shopping Center Mgs Marg Dastoorwadi Dadar(E), Mumbai, Maharashtra, India – 400014
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Axil Core Business Private Limited, buy the company report.
- 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
Brands
Axil Core Business operates one associated brand: Axil Core Business. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Direct selling of health products and business opportunities in multiple sectors. | axilbusiness.in |
Business activity
The main business activity of Axil Core Business is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Axil Core Business Private Limited, buy the company report.
Financials of Axil Core Business Private Limited
FY 2024 filings availableAxil Core Business Private Limited reported revenue of ₹13.61 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 8% 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 | ₹39.28 Lakh | ||||
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| Net Profit (PAT) | ₹18.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Axil Core Business Private Limited, buy the company report.
Board of directors of Axil Core Business Private Limited
Axil Core Business has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Kumar Also directs: Moral Pharmaceuticals Private Limited, Improve Dealtrade Private Limited, Sanskar Capital Services Private Limited and 5 more | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Arvind Kumar Also directs: Moral Insurance Consultants Private Limited, Moral Pharmaceuticals Private Limited, Relax Vyapaar Private Limited and 5 more | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Axil Core Business Private Limited is audited by V A R S AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A R S AND ASSOCIATES | FY 2023 | 0013729C |
Shareholding
The shareholding of Axil Core Business 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 Axil Core Business Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2024 | 101021319 | Hdfc Bank Limited | ₹5.06 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Axil Core Business Private Limited has 2 court cases on record: 2 filed by Axil Core Business. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Anr | Disposed |
To see the full case history of Axil Core Business Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Axil Core Business Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Axil Core Business Private Limited has a workforce of 15 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Axil Core Business has 22 GST registrations: 13 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA2581R1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 03AAKCA2581R1Z9 | Punjab | Active | 01 Jul 2017 |
| 07AAKCA2581R1Z1 | Delhi | Active | 01 Jul 2017 |
| 08AAKCA2581R1ZZ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Axil Core Business Private Limited, buy the company report.
Recent activity
Axil Core Business Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Shailendra Sharma ceased to be Director on 20 Sep 2024.
Frequently asked questions
Axil Core Business is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 15 February 2012 (14+ years old) and is registered under CIN U74900MH2012PTC226956.
Axil Core Business has 2 current directors:
- Abhay Kumar - Director
- Arvind Kumar - Director
The latest financial statements of Axil Core Business on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Axil Core Business is 27AAKCA2581R1ZZ, registered in Maharashtra. The company has 22 GST registrations in all, of which 13 are active and 9 are cancelled or inactive. Other active GSTINs include 03AAKCA2581R1Z9 (Punjab), 07AAKCA2581R1Z1 (Delhi), 08AAKCA2581R1ZZ (Rajasthan).
The CIN (Corporate Identification Number) of Axil Core Business is U74900MH2012PTC226956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axil Core Business has 2 court cases on record: 2 filed by the company.
Axil Core Business was incorporated on 15 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Shailendra Sharma ceased to be Director on 20 Sep 2024. Arvind Kumar was appointed as Director on 19 Sep 2024. Abhay Kumar was appointed as Director on 09 Mar 2018. Axil Core Business has 8 board changes on record in total.
Axil Core Business can be reached through the website axilbusiness.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Axil Core Business is at 107 – Floor – 1 Plot 14 1 Civic Shopping Center Mgs Marg Dastoorwadi DadarE, Mumbai, Maharashtra, India – 400014.