MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2026-27)
- Udyam number
- UDYAM-TS-02-0013838
Market Cap
₹134 Cr
AXIOMGAS-SM · NSE
Share Price
₹39.15
+3.03% today
Revenue
₹101 Cr
FY 2025-26 · +12.2% YoY
EBITDA
₹15.59 Cr
Margin 15.5%
Net Profit
₹9.46 Cr
FY 2025-26 · +21.8% YoY
P/E (TTM)
14.2x
P/B 1.6x
ROE
33.1%
ROCE 25.3%
Debt / Equity
0.57
Interest cover 11.9x
About Axiom Gas Engineering Limited
Data last updated:
Axiom Gas Engineering Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the gas segment of the oil and gas sector. It was incorporated on 24 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23201GJ2007PLC051590. Its GSTIN is 36AAHCA7481M1Z4 (Telangana). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on NSE: AXIOMGAS.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.67 Cr. It is led by directors including Asma Mohamad Sadique Banani (Managing Director) and Nikhil Tiwari (Managing Director).
Its last annual general meeting (AGM) was held on 21 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vadodara, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹100.76 Cr, a growth of 12.2% compared to the previous year. For the same year it recorded a net profit of ₹9.46 Cr (net margin 9.4%) and EBITDA of ₹15.59 Cr (EBITDA margin 15.5%). The net worth stands at ₹33.28 Cr (up 39.7% YoY). Total assets are valued at ₹61.29 Cr (up 17.6% YoY).
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.84 Cr and satisfied charges of ₹12.64 Cr on record. The company has 1 deal on record (1 ipo); the latest was in September 2026. Its 3 peer companies in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels) are compared by revenue, 2 larger and 1 smaller; the largest is Ludhiana Enterprises Limited with revenue of ₹114.46 Cr.
Axiom Gas Engineering Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0013838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axiomgas.com.
Company details
CIN U23201GJ2007PLC051590
Registration Number 051590
Incorporation Date 24 August 2007
ROC Ahmedabad
Listing Status Listed (NSE: AXIOMGAS)
Company Status Active
Date of Last AGM 21 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-02-0013838
CIN history
Axiom Gas Engineering has one previous CIN (Corporate Identification Number): U23201GJ2007PTC051590. The current CIN is U23201GJ2007PLC051590, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23201GJ2007PLC051590 | Current |
| U23201GJ2007PTC051590 | Previous |
Key People
Asma Mohamad Sadique Banani Managing Director Nikhil Tiwari Managing Director Mehul Pravinchandra Talati Director Recognitions & Rankings of Axiom Gas Engineering
Contact details
Axiom Gas Engineering Limited's registered office is in Vadodara, Gujarat. Its website is axiomgas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 522 To 527 Swc Hub 5th Floor, Opp Rajpath Complex Near Essar Petrol Pump, Vadodara, Gujarat, India – 391410
- IndustryOil & Gas, Gas, Distribution Of Gaseous, Manufacturing
To see the full contact details of Axiom Gas Engineering Limited, buy the company report.
Comprehensive company report
Axiom Gas Engineering 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 Axiom Gas Engineering is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Axiom Gas Engineering Limited, buy the company report.
Financials of Axiom Gas Engineering Limited
FY 2025-26 filings availableAxiom Gas Engineering Limited reported revenue of ₹100.76 Cr (up 12.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹101 Cr
+12.2% YoY
EBITDA
₹15.59 Cr
+16.2% YoY
Profit After Tax
₹9.46 Cr
+21.8% YoY
Net Worth
₹33.28 Cr
+39.7% YoY
Total Assets
₹61.29 Cr
+17.6% YoY
Total Debt
₹16.06 Cr
-1.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 101 | 89.84 | 74.54 | 58.02 | 32.67 |
| Revenue growth | +12.2% | +20.5% | +28.5% | - | - |
| EBITDA | 15.59 | 13.42 | 10.17 | 4.17 | 3.30 |
| EBITDA margin | +15.5% | +14.9% | +13.6% | +7.2% | +10.1% |
| Profit before tax | 12.66 | 10.37 | 7.69 | 2.49 | 2.03 |
| Net profit | 9.46 | 7.77 | 5.74 | 1.86 | 1.45 |
| Net profit margin | +9.4% | +8.7% | +7.7% | +3.2% | +4.4% |
| EPS (₹) | 3.64 | 5.97 | 229.63 | 74.36 | 58.30 |
| Balance sheet | |||||
| Total assets | 61.29 | 52.13 | 45.08 | 25.88 | 14.99 |
| Net worth | 33.28 | 23.83 | 13.85 | 8.11 | 4.72 |
| Total debt | 16.06 | 16.30 | 20.12 | 8.40 | 10.27 |
| Cash & bank | 5.89 | 2.33 | 2.82 | 0.65 | 0.92 |
| Net working capital | 23.35 | 18.31 | 15.32 | 8.00 | 6.99 |
| Cash flow | |||||
| Cash from operations | 10.80 | 8.17 | 4.71 | 2.36 | 2.14 |
| Cash from investing | (5.39) | (5.18) | (12.76) | (2.12) | (1.58) |
| Cash from financing | (1.85) | (3.47) | 10.23 | (0.29) | (1.08) |
| Particulars | Jun 2024 |
|---|---|
| Revenue | 21.23 |
| Other income | 0.00 |
| Total expenses | 17.46 |
| EBITDA | 3.77 |
| EBITDA margin | +17.8% |
| Depreciation | 0.24 |
| Interest | 0.53 |
| Profit before tax | 3.00 |
| Tax | 0.76 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
| Particulars | Jun 2024 |
|---|---|
| Revenue | 21.23 |
| Other income | 0.00 |
| Total expenses | 17.46 |
| EBITDA | 3.77 |
| EBITDA margin | +17.8% |
| Depreciation | 0.24 |
| Interest | 0.53 |
| Profit before tax | 3.00 |
| Tax | 0.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 |
|---|---|---|---|---|---|
| Revenue | 101 | 89.84 | 74.54 | 58.02 | 32.67 |
| Revenue growth | +12.2% | +20.5% | +28.5% | - | - |
| Other income | 0.02 | 0.01 | 0.00 | 0.00 | 0.12 |
| Total expenses | 85.17 | 76.42 | 64.37 | 53.85 | 29.37 |
| Employee cost | 1.05 | 1.29 | 1.25 | 1.21 | 1.50 |
| EBITDA | 15.59 | 13.42 | 10.17 | 4.17 | 3.30 |
| EBITDA margin | +15.5% | +14.9% | +13.6% | +7.2% | +10.1% |
| Depreciation | 1.24 | 1.06 | 0.84 | 0.69 | 0.36 |
| Interest | 1.71 | 2.00 | 1.64 | 0.99 | 1.03 |
| Profit before tax | 12.66 | 10.37 | 7.69 | 2.49 | 2.03 |
| Tax | 3.20 | 2.60 | 1.95 | 0.63 | 0.58 |
| Net profit | 9.46 | 7.77 | 5.74 | 1.86 | 1.45 |
| Net profit margin | +9.4% | +8.7% | +7.7% | +3.2% | +4.4% |
| EPS (₹) | 3.64 | 5.97 | 229.63 | 74.36 | 58.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 12.97 | 12.97 | 0.25 | 0.25 | 0.25 |
| Reserves & surplus | 20.31 | 10.86 | 13.60 | 7.86 | 4.47 |
| Shareholders' funds (net worth) | 33.28 | 23.83 | 13.85 | 8.11 | 4.72 |
| Secured loans | 13.11 | 12.99 | 14.47 | 5.74 | 0.00 |
| Unsecured loans | 2.95 | 3.31 | 5.65 | 2.66 | 10.27 |
| Total debt | 16.06 | 16.30 | 20.12 | 8.40 | 10.27 |
| Total liabilities | 61.29 | 52.13 | 45.08 | 25.88 | 14.99 |
| Assets | |||||
| Gross block | 30.81 | 28.82 | 25.81 | 15.29 | 8.50 |
| Net block | 25.09 | 24.34 | 22.39 | 12.71 | 7.13 |
| Capital work in progress | 7.87 | 6.12 | 4.64 | 2.94 | 0.91 |
| Investments | 0.95 | 0.10 | 0.05 | 0.05 | 0.00 |
| Inventories | 16.56 | 15.09 | 9.97 | 4.10 | 0.52 |
| Sundry debtors | 0.78 | 2.08 | 3.01 | 0.56 | 0.42 |
| Cash & bank balances | 5.89 | 2.33 | 2.82 | 0.65 | 0.92 |
| Loans & advances | 7.90 | 7.25 | 6.61 | 5.76 | 7.52 |
| Total current assets | 31.13 | 26.75 | 22.41 | 11.07 | 9.38 |
| Total current liabilities | 7.78 | 8.44 | 7.09 | 3.07 | 2.39 |
| Net working capital | 23.35 | 18.31 | 15.32 | 8.00 | 6.99 |
| Total assets | 61.29 | 52.13 | 45.08 | 25.88 | 14.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 |
|---|---|---|---|---|---|
| Opening cash | 2.33 | 2.82 | 0.65 | 0.70 | 1.43 |
| Net cash from operating activities | 10.80 | 8.17 | 4.71 | 2.36 | 2.14 |
| Net cash from investing activities | (5.39) | (5.18) | (12.76) | (2.12) | (1.58) |
| Net cash from financing activities | (1.85) | (3.47) | 10.23 | (0.29) | (1.08) |
| Net change in cash | 3.56 | (0.49) | 2.17 | (0.05) | (0.51) |
| Closing cash | 5.89 | 2.33 | 2.82 | 0.65 | 0.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +12.2% | +20.5% | +28.5% | - | - |
| EBITDA growth | +16.2% | +32.0% | +143.9% | - | - |
| PBT growth | +22.1% | +34.9% | +208.8% | +22.7% | +9997.0% |
| Net income growth | +21.8% | +35.4% | +208.6% | - | - |
| Revenue CAGR (3Y) | +20.2% | +40.1% | - | - | - |
| EBITDA CAGR (3Y) | +55.2% | +59.6% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +9.4% | +8.7% | +7.7% | +3.2% | +4.4% |
| Return on capital employed | +25.3% | +25.4% | +26.3% | +14.3% | +20.5% |
| Return on net worth | +33.1% | +41.1% | +52.3% | +25.9% | +30.9% |
| Debt / equity | 0.57 | 0.97 | 1.30 | 1.74 | 2.18 |
| Long-term debt / equity | 0.35 | 0.63 | 0.97 | -96.02 | 1.58 |
| Interest cover | 11.92 | 16.18 | 17.58 | 28.45 | 35.03 |
| Efficiency & per share | |||||
| Fixed asset turnover | 3.38 | 3.29 | 3.63 | 4.18 | 3.84 |
| Inventory turnover | 6.37 | 7.17 | 10.60 | 18.42 | 62.83 |
| Debtors turnover | 70.46 | 35.30 | 41.76 | 113.76 | 77.79 |
| EPS (₹) | 3.64 | 5.97 | 229.63 | 74.36 | 58.30 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 12.83 | 18.37 | 554.03 | 324.40 | 188.92 |
To see the full year-wise statements and ratios of Axiom Gas Engineering Limited, buy the company report.
Board of directors of Axiom Gas Engineering Limited
Axiom Gas Engineering has 5 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 |
|---|---|---|---|---|
| Asma Mohamad Sadique Banani | Managing Director | 28 Apr 2017 | 9 Years 6 Months | Current |
| Mehul Pravinchandra Talati Also directs: Surti & Talati LLP | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Darshan Suresh Chandan Also directs: Skycon Kargo LLP, Hemaditya Infra & Shipping Private Limited, Port the Container Private Limited and 1 more | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Nikhil Tiwari | Managing Director | 29 Jun 2024 | 2 Years 4 Months | Current |
| Sivagiri Srinivasan | Director | 05 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Axiom Gas Engineering Limited is compared with the 3 companies closest to it by revenue in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ludhiana Enterprises Limited | ₹114.46 Cr (FY 2025) | 9.0% | Punjab, India | |||
| Axiom Gas Engineering Limitedthis company | ₹100.76 Cr (FY 2026) | ₹9.46 Cr | 9.4% | 12.2% | 5 | Vadodara, Gujarat, India |
| Green Star Gas Supplying Company Private Limited | ₹91.96 Cr (FY 2024) | 202.0% | Coimbatore, Tamil Nadu, India | |||
| Hcg(Kce)Private Limited | ₹81.19 Cr (FY 2025) | 30.0% | New Delhi, Delhi, India |
To see the full peer comparison of Axiom Gas Engineering Limited, buy the company report.
Auditor
Axiom Gas Engineering Limited is audited by SVSG & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SVSG & CO | FY 2023 | 015268S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 72.20%, foreign institutional investors hold 1.00%, domestic institutional investors hold 2.60% and retail and other public shareholders hold 24.20%.
Sep 2026
QUARTER
72.20% Promoters
2.60% DII (Domestic Institutional)
1.00% FII (Foreign Institutional)
24.20% Retail & Others
Shareholding trend - last 6 quarters
| Sep 2026 | |
|---|---|
| Promoters | 72.20% |
| Public | 27.80% |
Charges & borrowings
Open charges
₹15.84 Cr
Satisfied charges
₹12.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2025 | 101140264 | Others | ₹1.5 Cr | Open | |
| 03 Jan 2024 | 100868954 | Hdfc Bank Limited | ₹6.74 Cr | Open | |
| 09 Oct 2023 | 100790553 | Others | ₹7.6 Cr | Open | |
| 21 Apr 2021 | 100444640 | Others | ₹7.5 Cr | Satisfied | |
| 21 Apr 2021 | 100444641 | Others | ₹2.14 Cr | Satisfied |
To see the full charge records of Axiom Gas Engineering Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Axiom Gas Engineering Limited has 1 deal on record (1 ipo); the latest was in September 2026.
Total deals
1
IPO
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | IPO | ₹50.75 Cr | Investors: Chanakya Opportunities Fund, Zeal Global Opportunities Fund, Vbcube Ventures Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Axiom Gas Engineering 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 Axiom Gas Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Axiom Gas Engineering Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-16.67%
GST
Axiom Gas Engineering has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCA7481M1Z4 | Telangana | Active | 01 Jul 2017 |
| 27AAHCA7481M1Z3 | Maharashtra | Active | 10 Oct 2017 |
| 29AAHCA7481M1ZZ | Karnataka | Active | 30 Nov 2018 |
To see the full GST registrations and return filing status of Axiom Gas Engineering Limited, buy the company report.
Recent activity
Axiom Gas Engineering Limited has 17 board changes on record since 2010: 6 appointments and 11 cessations. The latest: Darshan Suresh Chandan was appointed as Director on 01 Apr 2025.
AGM
Axiom Gas Engineering Limited last Annual general meeting of members was held on 21 Sep 2026 as per latest MCA records.
Filing
Axiom Gas Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101140264 was registered on 19 Jul 2025.
Appointed
Darshan Suresh Chandan was appointed as Director.
Appointed
Mehul Pravinchandra Talati was appointed as Director.
Ceased
Nishant Shah ceased to be Director.
Ceased
Payal Bafna ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 6.74 Cr registered on 03 Jan 2024 with Charge ID 100868954 was modified on 19 Dec 2024.
Appointed
Sivagiri Srinivasan was appointed as Director.
Charges
A charge registered on 21 Apr 2021 via Charge ID 100444641 with Others was fully satisfied on 31 Jul 2024.
Charges
A charge registered on 21 Apr 2021 via Charge ID 100444640 with Others was fully satisfied on 20 Jul 2024.
Appointed
Mohammed Feroz was appointed as CFO.
18 earlier events are in the company report.
Frequently asked questions
Axiom Gas Engineering is an active public limited company based in Vadodara, Gujarat, India. The company works in gas, within the oil and gas industry. It was incorporated on 24 August 2007 (19+ years old) and is registered under CIN U23201GJ2007PLC051590. Listed on NSE: AXIOMGAS.
Axiom Gas Engineering reported revenue of ₹100.76 Cr for FY 2025-26 (up 12.2% YoY) based on standalone financials.
Axiom Gas Engineering has 5 current directors:
- Asma Mohamad Sadique Banani - Managing Director
- Nikhil Tiwari - Managing Director
- Mehul Pravinchandra Talati - Director
- Darshan Suresh Chandan - Director
- Sivagiri Srinivasan - Director
The latest financial statements of Axiom Gas Engineering on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Axiom Gas Engineering is 36AAHCA7481M1Z4, registered in Telangana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCA7481M1Z3 (Maharashtra), 29AAHCA7481M1ZZ (Karnataka).
The CIN (Corporate Identification Number) of Axiom Gas Engineering is U23201GJ2007PLC051590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Axiom Gas Engineering is a listed company as per MCA records. Its shares are listed on NSE (symbol: AXIOMGAS).
Axiom Gas Engineering was incorporated on 24 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Axiom Gas Engineering has 1 deal on record (1 ipo); the latest was in September 2026.
The peers of Axiom Gas Engineering by revenue are Ludhiana Enterprises Limited, Green Star Gas Supplying Company Private Limited, Hcg(Kce)Private Limited, all in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Darshan Suresh Chandan was appointed as Director on 01 Apr 2025. Mehul Pravinchandra Talati was appointed as Director on 01 Apr 2025. Nishant Shah ceased to be Director on 01 Apr 2025. Axiom Gas Engineering has 17 board changes on record in total.
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