About Axis Electrical Components (India) Private Limited
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Axis Electrical Components (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1997PTC108174. Its GSTIN is 27AAACA9691C1ZN (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.43 Cr. It is led by directors Sahil Kanderp Khandwala and Kanderp Sevantilal Khandwala.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 149 Bcd Government Industrial Estate Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹204.94 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹7.55 Cr (net margin 3.7%) and EBITDA of ₹14.06 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 21% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Axis Electricals. As per MCA filings, the company has open charges of ₹80.61 Cr and satisfied charges of ₹24.85 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in July 2018. Its 6 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 4 smaller; the largest is JJ PV Solar Limited with revenue of ₹212.1 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 425 overdue payments to 82 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axis-india.com.
Company details
Contact details
Axis Electrical Components (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is axis-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 149 Bcd Government Industrial Estate Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Axis Electrical Components (India) 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
Axis Electrical Components (India) operates one associated brand: Axis Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electrical components, earthing systems, and hardware for industrial use. | axis-india.com |
Business activity
The main business activity of Axis Electrical Components (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Axis Electrical Components (India) Private Limited, buy the company report.
Financials of Axis Electrical Components (India) Private Limited
FY 2025 filings availableAxis Electrical Components (India) Private Limited reported revenue of ₹204.94 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 45% growth in the latest year. EBITDA rose 263% 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 | ₹14.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.55 Cr | ||||
| Balance Sheet | |||||
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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 | 6.9% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Axis Electrical Components (India) Private Limited, buy the company report.
Board of directors of Axis Electrical Components (India) Private Limited
Axis Electrical Components (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Kanderp Khandwala | Director | 23 Jul 2018 | 8 Years 3 Months | Current |
| Kanderp Sevantilal Khandwala | Director | 21 May 1997 | 29 Years 5 Months | Current |
Peer comparison
Axis Electrical Components (India) Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JJ PV Solar Limited | ₹212.1 Cr (FY 2025) | 57.0% | Rajkot, Gujarat, India | |||
| Mak Controls and Systems Private Limited | ₹206.83 Cr (FY 2025) | 3.0% | Coimbatore, Tamil Nadu, India | |||
| Axis Electrical Components (India) Private Limitedthis company | ₹204.94 Cr (FY 2025) | ₹7.55 Cr | 3.7% | 45.0% | 83 | Mumbai, Maharashtra, India |
| RTS Power Corporation Ltd | ₹204.72 Cr (FY 2025) | 40.0% | Kolkata, West Bengal, India | |||
| Katyaini Products Private Limited | ₹204.24 Cr (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Statcon Energiaa Private Limited | ₹204.04 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Smarten Power Systems Limited | ₹203.2 Cr (FY 2025) | 2.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Axis Electrical Components (India) Private Limited, buy the company report.
Auditor
Axis Electrical Components (India) Private Limited is audited by PPSS AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PPSS AND ASSOCIATES LLP | FY 2023 | W100767 |
Shareholding
The shareholding of Axis Electrical Components (India) 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 Axis Electrical Components (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101154212 | Others | ₹20 Cr | Open | |
| 31 Jul 2025 | 101141221 | Others | ₹25 Cr | Open | |
| 19 Jun 2025 | 101120925 | Others | ₹25 Lakh | Open | |
| 28 May 2025 | 101099725 | Others | ₹5.11 Cr | Open | |
| 31 Mar 2025 | 101078078 | Others | ₹80 Lakh | Open |
To see the full charge records of Axis Electrical Components (India) Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Axis Electrical Components (India) Private Limited has 2 deals on record (2 secondary share transfers); the latest was in July 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2012 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Axis Electrical Components (India) Private Limited has 2 court cases on record: 2 filed by Axis Electrical Components (India). 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against an individual | Disposed |
To see the full case history of Axis Electrical Components (India) 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.
Credit ratings & regulatory alerts
Axis Electrical Components (India) Private Limited was last rated by Crisil on 03 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Mar 2020 |
To see the full credit ratings and regulatory alerts of Axis Electrical Components (India) Private Limited, buy the company report.
MSME payment delays
Axis Electrical Components (India) Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 425 overdue payments to 82 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 82)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| JRD Polymer Private Limited | |||
| Cosmos Rolling Mills Private Limited | |||
| J & K Industries | |||
| an individual supplier | |||
| Emmes Metals Private Limited |
To see the full MSME payment records of Axis Electrical Components (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Axis Electrical Components (India) Private Limited has a workforce of 83 employees on its EPFO records as of May 13, 2024, across 1 active EPFO establishment.
GST
Axis Electrical Components (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA9691C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Axis Electrical Components (India) Private Limited, buy the company report.
Recent activity
Axis Electrical Components (India) Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Nimish Premsingh Taterh ceased to be Director on 23 Jul 2025.
16 earlier events are in the company report.
Frequently asked questions
Axis Electrical Components (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 21 May 1997 (29+ years old) and is registered under CIN U31200MH1997PTC108174.
Axis Electrical Components (India) has 2 current directors:
- Sahil Kanderp Khandwala - Director
- Kanderp Sevantilal Khandwala - Director
The latest financial statements of Axis Electrical Components (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Axis Electrical Components (India) is 27AAACA9691C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Axis Electrical Components (India) is U31200MH1997PTC108174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axis Electrical Components (India) has 2 court cases on record: 2 filed by the company. 1 is pending.
Axis Electrical Components (India) was incorporated on 21 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Axis Electrical Components (India) has 2 deals on record (2 secondary share transfers); the latest was in July 2018.
The peers of Axis Electrical Components (India) by revenue are JJ PV Solar Limited, Mak Controls and Systems Private Limited, RTS Power Corporation Ltd, Katyaini Products Private Limited, Statcon Energiaa Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nimish Premsingh Taterh ceased to be Director on 23 Jul 2025. Sahil Kanderp Khandwala was appointed as Director on 23 Jul 2018. Kanderp Sevantilal Khandwala was appointed as Director on 21 May 1997. Axis Electrical Components (India) has 4 board changes on record in total.
Axis Electrical Components (India) has 10 MSME Form 1 returns on record between 2019 and 2024, listing 425 overdue payments to 82 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Axis Electrical Components (India) can be reached through the website axis-india.com. Its registered office is in Mumbai, Maharashtra, India.