MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-20-0006633
Axiom Energy Conversion Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58.88 Cr
▼ 43% YoY
Net loss · FY 2025
₹19.89 Cr
Net margin -33.8%
EBITDA · FY 2025
-₹13.55 Cr
EBITDA margin -23%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹10.09 Cr
Issued & subscribed
Open charges
₹51.23 Cr
Satisfied ₹14.59 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
253
Provident fund records
About Axiom Energy Conversion Limited
Data last updated:
Axiom Energy Conversion Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Kiran Pallavi Investment Llc. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 12 September 1997 and has been in existence for over 29 years.
Its director Kiran C Patel is #641 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40108TG1997PLC027946. Its GSTIN is 36AACCA0120E1ZK (Telangana). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.09 Cr. It was formerly known as Axiom Energy Conversion Private Limited. It is led by directors including Mohanlal Jesaji Purohit (Managing Director) and Mahesh Kumar Purohit (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.207/4 & 5 Ida Phase II Cherlapally, Hyderabad, Telangana, India – 500051.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.88 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹19.89 Cr (net margin -33.8%) and EBITDA of -₹13.55 Cr (EBITDA margin -23%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 253 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Axiom. As per MCA filings, the company has open charges of ₹51.23 Cr and satisfied charges of ₹14.59 Cr on record. Court records list 20 cases involving the company, including 5 filed by the company and 15 filed against it; 10 cases are pending. The company has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹44.16 Cr; the latest was in July 2022. The company has 82 MSME Form 1 returns on record between 2018 and 2024, listing 8,860 overdue payments to 99 micro and small suppliers.
Axiom Energy Conversion Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0006633). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axiomenergy.co.in.
Company details
CIN U40108TG1997PLC027946
Registration Number 027946
Incorporation Date 12 September 1997
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Kiran Pallavi Investment Llc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-20-0006633
CIN history
Axiom Energy Conversion has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40108TG1997PLC027946, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108TG1997PLC027946 | Current |
| U40108AP1997PTC027946 | Previous |
| U40108TG1997PTC027946 | Previous |
Key People
Mohanlal Jesaji Purohit Managing Director Mahesh Kumar Purohit Whole-Time Director Nishad Anand Khanolkar Nominee Director Recognitions & Rankings of Axiom Energy Conversion
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #641 Kiran C Patel ₹5,000 Cr
Contact details
Axiom Energy Conversion Limited's registered office is in Hyderabad, Telangana. Its website is axiomenergy.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.207/4 & 5 Ida Phase II Cherlapally, Hyderabad, Telangana, India – 500051
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Axiom Energy Conversion Limited, buy the company report.
Comprehensive company report
Axiom Energy Conversion 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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Secure checkout · GST invoice included
Brands
Axiom Energy Conversion operates one associated brand: Axiom. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Motor controllers for electric two- and three-wheelers are developed. | axiomenergy.co.in |
Business activity
The main business activity of Axiom Energy Conversion is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Axiom Energy Conversion Limited, buy the company report.
Financials of Axiom Energy Conversion Limited
FY 2025 filings availableAxiom Energy Conversion Limited reported revenue of ₹58.88 Cr (down 43% YoY) for FY 2025.
Revenue · FY 2025
₹58.88 Cr ▼ 43%
Net loss · FY 2025
₹19.89 Cr margin -33.8%
EBITDA · FY 2025
-₹13.55 Cr margin -23%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 7%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 288%
3 years · compounded
▼ 67%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 43% fall in the latest year. EBITDA fell 288% 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 |
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| EBITDA | -₹13.55 Cr | ||||
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| Net Profit (PAT) | -₹19.89 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -23% | ||||
| Net Profit Margin | -33.8% | ||||
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To see the full financial statements and ratios of Axiom Energy Conversion Limited, buy the company report.
Board of directors of Axiom Energy Conversion Limited
Axiom Energy Conversion has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanlal Jesaji Purohit | Managing Director | 12 Sep 1997 | 29 Years 1 Months | Current |
| Nishad Anand Khanolkar | Nominee Director | 25 Jun 2022 | 4 Years 4 Months | Current |
| Mahesh Kumar Purohit Also directs: Axiom EV Products Private Limited, M J P Holdings Private Limited, MPM Wealth Advisors Private Limited and 1 more | Whole-Time Director | 02 Nov 2021 | 4 Years 11 Months | Current |
| Sreedhar Babu Kanuri Also directs: Photon Capital Advisors Limited | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
| Sarath Kumar Jutur Also directs: Photon Capital Advisors Limited | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
| Kiran Chhotubhai Patel Also directs: Rudraksh Academy Private Limited, Anupam Rasayan India Limited, Magenta EV Solutions Private Limited and 3 more | Nominee Director | 02 Nov 2021 | 4 Years 11 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Axiom Energy Conversion Limited is audited by KCMS & Associates. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KCMS & Associates. | FY 2023 | 006770S |
Shareholding
The shareholding of Axiom Energy Conversion 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 Axiom Energy Conversion Limited, buy the company report.
Charges & borrowings
Open charges
₹51.23 Cr
Satisfied charges
₹14.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2018 | 100204393 | Hdfc Bank Limited | ₹18.43 Lakh | Open | |
| 24 Jun 2015 | 10578030 | Hdfc Bank Limited | ₹51.04 Cr | Open | |
| 25 Mar 2019 | 100320576 | Others | ₹5 Cr | Satisfied | |
| 13 Nov 2017 | 100146354 | Others | ₹87.6 Lakh | Satisfied | |
| 25 Oct 2017 | 100133666 | Hdfc Bank Limited | ₹17.17 Lakh | Satisfied |
To see the full charge records of Axiom Energy Conversion Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Axiom Energy Conversion Limited has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹44.16 Cr; the latest was in July 2022.
Total deals
9
Funding rounds
6
Secondary share transfers
3
Disclosed funding
₹44.16 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round | ₹15 Cr | Investors: Kiran Pallavi Investments LLC |
| Dec 2021 | Funding round | ₹25 Cr | Investors: Magenta EV Solution Private Limited" |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Saini Semi Conductors Private Limited |
| Jan 2013 | Funding round | ₹1.78 Cr | Investors: Saini Semi Conductors Private Limited , 2 individuals |
To see the full deal history of Axiom Energy Conversion Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Axiom Energy Conversion Limited has 20 court cases on record: 5 filed by Axiom Energy Conversion, 15 filed against it. 10 cases are pending and 10 are disposed.
Total cases
20
Filed by the company
5
Filed against the company
15
Pending
10
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 15 | 10 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed against the company by Indo Tech Magnetics Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Delta Electronics Through Authorised Heena Jignesh Chudasama | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Electronics India Circuits Pvt Ltd Previously Known As Electronics India Th Vikram Shripat Vilasgar | Pending |
| District court, Yadadri Bhuvanagiri, Telangana | Court case (A.R.B.O.P) | Filed against the company by M/ S KLB Komaki Private Limited Rep by SH. Mrigank Malhotra | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against Ms. Intech Enterprises Pvt. Ltd. | Disposed |
To see the full case history of Axiom Energy Conversion 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
Axiom Energy Conversion Limited has 82 MSME Form 1 returns on record between 2018 and 2024, listing 8,860 overdue payments to 99 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 99)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| A V Cable Industries | |||
| Innovative Polymers Pvt Ltd | |||
| SSS Graphic Solutions |
To see the full MSME payment records of Axiom Energy Conversion Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Axiom Energy Conversion has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Axiom EV Products Private Limited | U74900TG2012PTC084590 |
To see the full group structure of Axiom Energy Conversion Limited, buy the company report.
Employees & EPFO
Axiom Energy Conversion Limited has a workforce of 253 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
253
Active EPFO establishments
1
Employee growth
34.57%
GST
Axiom Energy Conversion has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
8
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCA0120E1ZK | Telangana | Active | 01 Jul 2017 |
| 19AACCA0120E1ZG | West Bengal | Active | 10 Apr 2023 |
| 07AACCA0120E1ZL | Delhi | Active | 23 Aug 2023 |
| 09AACCA0120E1ZH | Uttar Pradesh | Active | 11 Jan 2024 |
To see the full GST registrations and return filing status of Axiom Energy Conversion Limited, buy the company report.
Recent activity
Axiom Energy Conversion Limited has 19 board changes on record since 1997: 8 appointments and 11 cessations. The latest: Rakeshkumar Viththalbhai Patel ceased to be Additional Director on 28 Sep 2025.
AGM
Axiom Energy Conversion Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Rakeshkumar Viththalbhai Patel ceased to be Additional Director.
Filing
Axiom Energy Conversion Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Rakeshkumar Viththalbhai Patel was appointed as Director.
Appointed
Sarath Kumar Jutur was appointed as Director.
Appointed
Sreedhar Babu Kanuri was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 51.04 Cr registered on 24 Jun 2015 with Charge ID 10578030 was modified on 15 Dec 2023.
Charges
A charge registered on 25 Oct 2017 via Charge ID 100133666 with Hdfc Bank Limited was fully satisfied on 18 Oct 2023.
Charges
A charge registered on 23 Sep 2017 via Charge ID 100128114 with Hdfc Bank Limited was fully satisfied on 18 Oct 2023.
Charges
A charge registered on 23 Sep 2017 via Charge ID 100128484 with Hdfc Bank Limited was fully satisfied on 18 Oct 2023.
Ceased
Krishna Jagdishbhai Patel ceased to be Additional Director.
Ceased
Maxson Alexander Lewis ceased to be Nominee Director.
38 earlier events are in the company report.
Frequently asked questions
Axiom Energy Conversion is an active public limited company based in Hyderabad, Telangana, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 12 September 1997 (29+ years old) and is registered under CIN U40108TG1997PLC027946.
Axiom Energy Conversion has 8 current directors:
- Mohanlal Jesaji Purohit - Managing Director
- Mahesh Kumar Purohit - Whole-Time Director
- Nishad Anand Khanolkar - Nominee Director
- Sreedhar Babu Kanuri - Director
- Sarath Kumar Jutur - Director
- Kiran Chhotubhai Patel - Nominee Director
- Krishna Jagdishbhai Patel - Director
- Rakeshkumar Viththalbhai Patel - Director
The latest financial statements of Axiom Energy Conversion on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Axiom Energy Conversion is 36AACCA0120E1ZK, registered in Telangana. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 19AACCA0120E1ZG (West Bengal), 07AACCA0120E1ZL (Delhi), 09AACCA0120E1ZH (Uttar Pradesh).
The CIN (Corporate Identification Number) of Axiom Energy Conversion is U40108TG1997PLC027946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axiom Energy Conversion has 20 court cases on record: 5 filed by the company and 15 filed against it. 10 are pending. Most are in the district courts.
Axiom Energy Conversion was incorporated on 12 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Hyderabad.
Axiom Energy Conversion has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹44.16 Cr; the latest was in July 2022.
Rakeshkumar Viththalbhai Patel ceased to be Additional Director on 28 Sep 2025. Rakeshkumar Viththalbhai Patel was appointed as Director on 22 Mar 2025. Sarath Kumar Jutur was appointed as Director on 30 Mar 2024. Axiom Energy Conversion has 19 board changes on record in total.
Yes, Axiom Energy Conversion is registered as a small enterprise under Udyam registration (number: UDYAM-TS-20-0006633).
Axiom Energy Conversion has 82 MSME Form 1 returns on record between 2018 and 2024, listing 8,860 overdue payments to 99 micro and small suppliers. The latest return was filed on 30 Apr 2024.