- Udyam number
- UDYAM-GJ-01-0008761

About Axis Solutions Limited
Data last updated:
Axis Solutions Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 December 1985 and has been in existence for over 41 years.
Its director Bijal Sanghvi and family are #1,009 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L43212GJ1985PLC029849. Its GSTIN is 24AACCS1371D3ZS (Gujarat). The company holds 6 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 511144.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹47.26 Cr. It was formerly known as Asya Infrastructure and Tourism Corporation Limited and Saya Housing Finance Company Limited. It is led by directors including Bijal Dineshchandra Sanghvi (Managing Director) and Anand Shah.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹240.67 Cr, a growth of 19.5% compared to the previous year. For the same year it recorded a net profit of ₹28.84 Cr (net margin 12%) and EBITDA of ₹45.06 Cr (EBITDA margin 18.7%). The net worth stands at ₹143.83 Cr (up 23% YoY). Total assets are valued at ₹227.1 Cr (up 45.2% YoY).
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Asya Infosoft and Axis Solutions. As per MCA filings, the company has open charges of ₹185.8 Cr and satisfied charges of ₹32.41 Lakh on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending. The company has 89 deals on record (89 market trades); the latest was in March 2019. The company has 3 MSME Form 1 returns on record between 2019 and 2021, listing 3 overdue payments to 1 micro and small supplier.
Axis Solutions Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0008761). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sayait.com.
Company details
Name history
Axis Solutions has undergone 3 name changes throughout its history. The company was previously known as Asya Infrastructure And Tourism Corporation Limited, Saya Housing Finance Company Limited, and Axis Solutions Limited. The current legal name is Axis Solutions Limited.
| Company Name | Status |
|---|---|
| Axis Solutions Limited | Current |
| Asya Infrastructure And Tourism Corporation Limited | Previous |
| Saya Housing Finance Company Limited | Previous |
CIN history
Axis Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L43212GJ1985PLC029849, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L43212GJ1985PLC029849 | Current |
| L72900GJ1985PLC029849 | Previous |
| L65910GJ1985PLC029849 | Previous |
Recognitions & Rankings of Axis Solutions
- #1,009 Bijal Sanghvi & family ₹2,700 Cr
Contact details
Axis Solutions Limited's registered office is in Ahmedabad, Gujarat. Its website is sayait.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 324, Road No.5 Kathwada GIDC, Ahmedabad, Gujarat, India – 382430
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Axis Solutions 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 Solutions operates two associated brands: Asya Infosoft and Axis Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT Consulting & Services Company | sayait.com | |
| Multiple oil and gas equipment types are manufactured. | axisindia.in |
Financials of Axis Solutions Limited
FY 2025-26 filings availableAxis Solutions Limited reported revenue of ₹240.67 Cr (up 19.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 241 | 201 | 136 | 39.66 | 34.88 | 38.57 | 31.93 |
| Revenue growth | +19.6% | +47.6% | - | +13.7% | -9.6% | +20.8% | - |
| EBITDA | 45.06 | 35.47 | 3.12 | 1.49 | 1.62 | 1.28 | 2.31 |
| EBITDA margin | +18.7% | +17.6% | +2.3% | +3.8% | +4.6% | +3.3% | +7.2% |
| Profit before tax | 39.23 | 32.89 | 31.80 | 1.70 | 1.57 | 1.02 | 1.78 |
| Net profit | 28.84 | 33.50 | 21.86 | 1.01 | 0.74 | 0.27 | 0.81 |
| Net profit margin | +12.0% | +16.6% | +16.0% | +2.6% | +2.1% | +0.7% | +2.5% |
| EPS (₹) | 6.10 | 7.08 | 7.17 | 0.86 | 0.62 | 0.22 | 1.11 |
| Balance sheet | |||||||
| Total assets | 227 | 156 | 94.92 | 48.86 | 45.57 | 41.15 | 32.55 |
| Net worth | 144 | 117 | 58.10 | 26.09 | 25.03 | 24.67 | 17.18 |
| Total debt | 81.47 | 38.06 | 34.55 | 8.79 | 8.34 | 4.05 | 5.67 |
| Cash & bank | 5.36 | 5.26 | 3.03 | 2.74 | 2.40 | 2.28 | 1.63 |
| Net working capital | 163 | 103 | 44.90 | 19.25 | 22.33 | 16.89 | 20.40 |
| Cash flow | |||||||
| Cash from operations | (22.00) | (19.90) | 11.28 | 3.37 | (5.90) | - | - |
| Cash from investing | (15.16) | (3.75) | 17.80 | (1.99) | 2.67 | - | - |
| Cash from financing | 37.26 | 25.87 | (27.25) | (1.04) | 3.35 | - | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.99 | 117 | 46.35 | 49.49 | 27.49 | 99.23 | 37.30 | 41.89 |
| Revenue growth (YoY) | +78.2% | +18.3% | +24.3% | +18.1% | +20.0% | - | - | - |
| Other income | 0.07 | 0.15 | 0.09 | 0.12 | 0.08 | 1.26 | 0.45 | 0.11 |
| EBITDA | 6.15 | 28.98 | 7.48 | 5.88 | 2.72 | 13.21 | 2.41 | 9.76 |
| EBITDA margin | +12.6% | +24.7% | +16.1% | +11.9% | +9.9% | +13.3% | +6.5% | +23.3% |
| Depreciation | 0.79 | 0.60 | 0.34 | 0.32 | 0.33 | 0.51 | 0.23 | 0.23 |
| Interest | 1.96 | 1.61 | 1.10 | 1.24 | 0.72 | 1.16 | 0.90 | 0.67 |
| Profit before tax | 3.47 | 26.92 | 6.13 | 4.44 | 1.75 | 12.80 | 1.73 | 8.97 |
| Tax | 0.37 | 10.39 | 0.00 | 0.00 | 0.00 | (0.61) | 0.00 | 0.00 |
| Net profit | 3.10 | 16.53 | 6.13 | 4.44 | 1.75 | 13.41 | 1.73 | 8.97 |
| EPS (₹) | 0.66 | 3.52 | 1.29 | 0.94 | 0.37 | 2.96 | 0.37 | 2.03 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 238 | 201 | 136 | 66.93 | 37.95 | 34.32 | 13.82 |
| Revenue growth | +18.8% | +47.2% | +103.7% | - | +10.6% | +148.3% | - |
| EBITDA | 45.09 | 36.99 | 3.12 | (27.95) | 0.18 | 0.01 | 0.25 |
| EBITDA margin | +18.9% | +18.4% | +2.3% | -41.8% | +0.5% | +0.0% | +1.8% |
| Profit before tax | 39.36 | 34.39 | 31.80 | (31.41) | 0.11 | 0.00 | 0.39 |
| Net profit | 29.07 | 35.00 | 21.86 | (33.17) | 0.05 | 0.00 | 0.32 |
| Net profit margin | +12.2% | +17.4% | +16.0% | -49.6% | +0.1% | 0.0% | +2.3% |
| EPS (₹) | 6.15 | 7.41 | 7.17 | (27.51) | 0.05 | 0.00 | 0.26 |
| Balance sheet | |||||||
| Total assets | 230 | 159 | 94.92 | 60.16 | 32.04 | 30.22 | 29.70 |
| Net worth | 144 | 118 | 58.10 | (1.08) | 25.08 | 25.02 | 25.02 |
| Total debt | 81.35 | 37.95 | 34.55 | 61.24 | 6.84 | 5.08 | 4.41 |
| Cash & bank | 8.59 | 4.94 | 3.03 | 1.21 | 0.44 | 0.66 | 0.81 |
| Net working capital | 170 | 105 | 44.89 | 17.01 | (5.83) | 2.86 | 2.51 |
| Cash flow | |||||||
| Cash from operations | (22.02) | (20.90) | 11.41 | (19.09) | (1.90) | (2.07) | (0.03) |
| Cash from investing | (11.61) | (2.95) | 17.66 | (19.53) | 0.40 | 1.27 | 1.29 |
| Cash from financing | 37.27 | 25.77 | (27.25) | 36.47 | 1.27 | 0.66 | (0.80) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.67 | 116 | 46.01 | 48.47 | 27.43 | 98.59 | 37.30 | 41.89 |
| Revenue growth (YoY) | +77.4% | +18.1% | +23.4% | +15.7% | +19.8% | - | - | - |
| Other income | 0.07 | 0.20 | 0.07 | 0.14 | 0.08 | 1.24 | 0.45 | 0.11 |
| Total expenses | 41.82 | 88.46 | 38.78 | 41.92 | 24.25 | 84.54 | 34.89 | 32.13 |
| EBITDA | 6.85 | 28.01 | 7.23 | 6.55 | 3.18 | 14.05 | 2.41 | 9.76 |
| EBITDA margin | +14.1% | +24.0% | +15.7% | +13.5% | +11.6% | +14.3% | +6.5% | +23.3% |
| Depreciation | 0.79 | 0.60 | 0.34 | 0.32 | 0.33 | 0.50 | 0.23 | 0.23 |
| Interest | 1.95 | 1.60 | 1.09 | 1.22 | 0.72 | 1.17 | 0.90 | 0.67 |
| Profit before tax | 4.18 | 26.01 | 5.87 | 5.15 | 2.21 | 13.62 | 1.73 | 8.97 |
| Tax | 0.53 | 10.29 | 0.00 | 0.00 | 0.00 | (0.61) | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.99 | 117 | 46.35 | 49.49 | 27.49 | 99.23 | 37.30 | 41.89 |
| Revenue growth (YoY) | +78.2% | +18.3% | +24.3% | +18.1% | +20.0% | - | - | - |
| Other income | 0.07 | 0.15 | 0.09 | 0.12 | 0.08 | 1.26 | 0.45 | 0.11 |
| EBITDA | 6.15 | 28.98 | 7.48 | 5.88 | 2.72 | 13.21 | 2.41 | 9.76 |
| EBITDA margin | +12.6% | +24.7% | +16.1% | +11.9% | +9.9% | +13.3% | +6.5% | +23.3% |
| Depreciation | 0.79 | 0.60 | 0.34 | 0.32 | 0.33 | 0.51 | 0.23 | 0.23 |
| Interest | 1.96 | 1.61 | 1.10 | 1.24 | 0.72 | 1.16 | 0.90 | 0.67 |
| Profit before tax | 3.47 | 26.92 | 6.13 | 4.44 | 1.75 | 12.80 | 1.73 | 8.97 |
| Tax | 0.37 | 10.39 | 0.00 | 0.00 | 0.00 | (0.61) | 0.00 | 0.00 |
| Net profit | 3.10 | 16.53 | 6.13 | 4.44 | 1.75 | 13.41 | 1.73 | 8.97 |
| EPS (₹) | 0.66 | 3.52 | 1.29 | 0.94 | 0.37 | 2.96 | 0.37 | 2.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Revenue | 241 | 201 | 136 | 39.66 | 34.88 | 38.57 | 31.93 |
| Revenue growth | +19.6% | +47.6% | - | +13.7% | -9.6% | +20.8% | - |
| Other income | 0.43 | 1.90 | 32.44 | 1.79 | 1.29 | 1.17 | 0.68 |
| Total expenses | 196 | 166 | 133 | 38.17 | 33.26 | 37.29 | 29.62 |
| Employee cost | 25.05 | 18.54 | 18.36 | 1.13 | 1.53 | 1.46 | 1.73 |
| EBITDA | 45.06 | 35.47 | 3.12 | 1.49 | 1.62 | 1.28 | 2.31 |
| EBITDA margin | +18.7% | +17.6% | +2.3% | +3.8% | +4.6% | +3.3% | +7.2% |
| Depreciation | 1.59 | 1.18 | 0.93 | 0.55 | 0.54 | 0.72 | 0.63 |
| Interest | 4.67 | 3.30 | 2.83 | 1.03 | 0.80 | 0.71 | 0.58 |
| Profit before tax | 39.23 | 32.89 | 31.80 | 1.70 | 1.57 | 1.02 | 1.78 |
| Tax | 10.39 | (0.61) | 0.07 | 0.22 | 0.36 | 0.66 | 0.49 |
| Net profit | 28.84 | 33.50 | 21.86 | 1.01 | 0.74 | 0.27 | 0.81 |
| Net profit margin | +12.0% | +16.6% | +16.0% | +2.6% | +2.1% | +0.7% | +2.5% |
| EPS (₹) | 6.10 | 7.08 | 7.17 | 0.86 | 0.62 | 0.22 | 1.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.26 | 47.26 | 44.26 | 12.06 | 12.06 | 12.06 | 7.24 |
| Reserves & surplus | 96.57 | 69.69 | 13.84 | 14.03 | 12.97 | 12.61 | 5.88 |
| Shareholders' funds (net worth) | 144 | 117 | 58.10 | 26.09 | 25.03 | 24.67 | 17.18 |
| Minority interest | (2.26) | (1.78) | 0.00 | 12.76 | 11.24 | 11.53 | 9.66 |
| Secured loans | 76.25 | 27.94 | 16.33 | 0.00 | 0.00 | 4.05 | 4.05 |
| Unsecured loans | 5.22 | 10.12 | 18.22 | 8.79 | 8.34 | 0.00 | 1.62 |
| Total debt | 81.47 | 38.06 | 34.55 | 8.79 | 8.34 | 4.05 | 5.67 |
| Total liabilities | 227 | 156 | 94.92 | 48.86 | 45.57 | 41.15 | 32.55 |
| Assets | |||||||
| Gross block | 62.70 | 52.12 | 50.36 | 12.89 | 10.47 | 9.85 | 7.26 |
| Net block | 56.74 | 47.75 | 47.17 | 8.78 | 6.85 | 6.77 | 4.90 |
| Capital work in progress | 2.10 | 1.41 | 0.80 | 1.08 | 2.47 | 1.05 | 3.32 |
| Investments | 0.00 | 0.00 | 0.00 | 0.94 | 0.94 | 4.05 | 2.44 |
| Inventories | 37.56 | 37.76 | 25.75 | 7.28 | 5.25 | 2.07 | 2.60 |
| Sundry debtors | 135 | 94.52 | 44.43 | 19.10 | 28.85 | 14.59 | 13.90 |
| Cash & bank balances | 5.36 | 5.26 | 3.03 | 2.74 | 2.40 | 2.28 | 1.63 |
| Loans & advances | 39.97 | 9.32 | 8.11 | 1.23 | 3.09 | 2.02 | 8.05 |
| Total current assets | 218 | 147 | 81.32 | 30.35 | 39.59 | 20.96 | 26.18 |
| Total current liabilities | 54.26 | 43.72 | 36.42 | 11.10 | 17.26 | 4.07 | 5.78 |
| Net working capital | 163 | 103 | 44.90 | 19.25 | 22.33 | 16.89 | 20.40 |
| Total assets | 227 | 156 | 94.92 | 48.86 | 45.57 | 41.15 | 32.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.26 | 3.03 | 1.21 | 2.40 | 2.28 | - | - |
| Net cash from operating activities | (22.00) | (19.90) | 11.28 | 3.37 | (5.90) | - | - |
| Net cash from investing activities | (15.16) | (3.75) | 17.80 | (1.99) | 2.67 | - | - |
| Net cash from financing activities | 37.26 | 25.87 | (27.25) | (1.04) | 3.35 | - | - |
| Net change in cash | 0.10 | 2.23 | 1.82 | 0.34 | 0.12 | - | - |
| Closing cash | 5.36 | 5.26 | 3.03 | 2.74 | 2.40 | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.6% | +47.6% | - | +13.7% | -9.6% | +20.8% | - |
| EBITDA growth | +27.0% | +1036.9% | - | -8.0% | +26.6% | -44.6% | - |
| PBT growth | +19.3% | +3.4% | +1770.6% | +8.3% | +53.9% | -42.7% | +9997.0% |
| Net income growth | -13.9% | +53.3% | - | +36.5% | +174.1% | -66.7% | - |
| Revenue CAGR (3Y) | +82.4% | +79.4% | +52.3% | +7.5% | - | - | - |
| EBITDA CAGR (3Y) | +211.6% | +179.8% | +34.6% | -13.6% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +12.0% | +16.6% | +23.3% | +3.7% | +3.5% | +0.9% | +4.0% |
| Return on capital employed | +22.7% | +28.1% | +24.8% | +7.8% | +7.5% | +6.6% | +10.3% |
| Return on net worth | +22.1% | +37.2% | +34.8% | +5.9% | +4.9% | +1.7% | +7.5% |
| Debt / equity | 0.46 | 0.41 | 0.59 | 0.34 | 0.25 | 0.23 | 0.33 |
| Long-term debt / equity | 0.08 | 0.15 | 0.26 | 0.00 | 0.00 | 0.04 | 0.09 |
| Interest cover | 10.74 | 9.62 | 129.22 | 109.57 | 74.07 | 126.79 | 34.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.19 | 3.93 | 2.71 | 3.40 | 3.43 | 4.51 | 4.40 |
| Inventory turnover | 6.39 | 6.34 | 5.30 | 6.33 | 9.53 | 16.52 | 12.28 |
| Debtors turnover | 2.10 | 2.90 | 3.07 | 1.65 | 1.61 | 2.71 | 2.30 |
| EPS (₹) | 6.10 | 7.08 | 7.17 | 0.86 | 0.62 | 0.22 | 1.11 |
| Dividend per share (₹) | 0.60 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 30.43 | 24.75 | 13.13 | 21.64 | 20.76 | 20.46 | 18.11 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.67 | 116 | 46.01 | 48.47 | 27.43 | 98.59 | 37.30 | 41.89 |
| Revenue growth (YoY) | +77.4% | +18.1% | +23.4% | +15.7% | +19.8% | - | - | - |
| Other income | 0.07 | 0.20 | 0.07 | 0.14 | 0.08 | 1.24 | 0.45 | 0.11 |
| Total expenses | 41.82 | 88.46 | 38.78 | 41.92 | 24.25 | 84.54 | 34.89 | 32.13 |
| EBITDA | 6.85 | 28.01 | 7.23 | 6.55 | 3.18 | 14.05 | 2.41 | 9.76 |
| EBITDA margin | +14.1% | +24.0% | +15.7% | +13.5% | +11.6% | +14.3% | +6.5% | +23.3% |
| Depreciation | 0.79 | 0.60 | 0.34 | 0.32 | 0.33 | 0.50 | 0.23 | 0.23 |
| Interest | 1.95 | 1.60 | 1.09 | 1.22 | 0.72 | 1.17 | 0.90 | 0.67 |
| Profit before tax | 4.18 | 26.01 | 5.87 | 5.15 | 2.21 | 13.62 | 1.73 | 8.97 |
| Tax | 0.53 | 10.29 | 0.00 | 0.00 | 0.00 | (0.61) | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 238 | 201 | 136 | 66.93 | 37.95 | 34.32 | 13.82 |
| Revenue growth | +18.8% | +47.2% | +103.7% | - | +10.6% | +148.3% | - |
| Other income | 0.49 | 1.88 | 32.44 | 0.43 | 0.43 | 0.50 | 0.64 |
| Total expenses | 193 | 164 | 133 | 94.88 | 37.77 | 34.31 | 13.57 |
| Employee cost | 23.54 | 17.04 | 18.36 | 8.83 | 0.06 | 0.06 | 0.14 |
| EBITDA | 45.09 | 36.99 | 3.12 | (27.95) | 0.18 | 0.01 | 0.25 |
| EBITDA margin | +18.9% | +18.4% | +2.3% | -41.8% | +0.5% | +0.0% | +1.8% |
| Depreciation | 1.59 | 1.18 | 0.93 | 0.77 | 0.02 | 0.02 | 0.01 |
| Interest | 4.63 | 3.30 | 2.83 | 3.12 | 0.48 | 0.49 | 0.49 |
| Profit before tax | 39.36 | 34.39 | 31.80 | (31.41) | 0.11 | 0.00 | 0.39 |
| Tax | 10.29 | (0.61) | 0.07 | 1.76 | 0.03 | 0.00 | 0.07 |
| Net profit | 29.07 | 35.00 | 21.86 | (33.17) | 0.05 | 0.00 | 0.32 |
| Net profit margin | +12.2% | +17.4% | +16.0% | -49.6% | +0.1% | 0.0% | +2.3% |
| EPS (₹) | 6.15 | 7.41 | 7.17 | (27.51) | 0.05 | 0.00 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.26 | 47.26 | 44.26 | 12.06 | 12.06 | 12.06 | 12.06 |
| Reserves & surplus | 97.14 | 70.35 | 13.84 | (13.14) | 13.02 | 12.96 | 12.96 |
| Shareholders' funds (net worth) | 144 | 118 | 58.10 | (1.08) | 25.08 | 25.02 | 25.02 |
| Secured loans | 76.23 | 27.94 | 16.33 | 61.24 | 0.84 | 0.19 | 0.00 |
| Unsecured loans | 5.12 | 10.01 | 18.22 | 0.00 | 6.00 | 4.89 | 4.41 |
| Total debt | 81.35 | 37.95 | 34.55 | 61.24 | 6.84 | 5.08 | 4.41 |
| Total liabilities | 230 | 159 | 94.92 | 60.16 | 32.04 | 30.22 | 29.70 |
| Assets | |||||||
| Gross block | 62.69 | 52.12 | 50.36 | 21.86 | 0.10 | 0.19 | 0.16 |
| Net block | 56.73 | 47.75 | 47.17 | 19.60 | 0.05 | 0.04 | 0.02 |
| Capital work in progress | 2.10 | 1.41 | 0.80 | 0.13 | 0.00 | 0.00 | 0.00 |
| Investments | 0.14 | 0.12 | 0.00 | 0.00 | 18.80 | 18.80 | 19.60 |
| Inventories | 37.53 | 37.65 | 25.75 | 20.92 | 0.00 | 0.01 | 0.62 |
| Sundry debtors | 136 | 95.60 | 44.43 | 17.54 | 19.13 | 20.85 | 6.13 |
| Cash & bank balances | 8.59 | 4.94 | 3.03 | 1.21 | 0.44 | 0.66 | 0.81 |
| Loans & advances | 33.42 | 10.15 | 8.36 | 6.57 | 0.27 | 0.44 | 0.00 |
| Total current assets | 216 | 148 | 81.57 | 46.24 | 19.84 | 21.96 | 7.56 |
| Total current liabilities | 45.77 | 42.93 | 36.68 | 29.23 | 25.67 | 19.10 | 5.05 |
| Net working capital | 170 | 105 | 44.89 | 17.01 | (5.83) | 2.86 | 2.51 |
| Total assets | 230 | 159 | 94.92 | 60.16 | 32.04 | 30.22 | 29.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.94 | 3.03 | 1.21 | 3.36 | (0.15) | 0.00 | 0.35 |
| Net cash from operating activities | (22.02) | (20.90) | 11.41 | (19.09) | (1.90) | (2.07) | (0.03) |
| Net cash from investing activities | (11.61) | (2.95) | 17.66 | (19.53) | 0.40 | 1.27 | 1.29 |
| Net cash from financing activities | 37.27 | 25.77 | (27.25) | 36.47 | 1.27 | 0.66 | (0.80) |
| Net change in cash | 3.65 | 1.92 | 1.82 | (2.15) | (0.22) | (0.15) | 0.46 |
| Closing cash | 8.59 | 4.94 | 3.03 | 1.21 | 0.44 | 0.66 | 0.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +18.8% | +47.2% | +103.7% | - | +10.6% | +148.3% | - |
| EBITDA growth | +21.9% | +1085.6% | +111.2% | - | +1700.0% | -96.0% | - |
| PBT growth | +14.5% | +8.1% | +9998.0% | - | +9997.0% | +9997.0% | +116.7% |
| Net income growth | -16.9% | +60.1% | +165.9% | - | - | -100.0% | - |
| Revenue CAGR (3Y) | +52.7% | +74.2% | +58.4% | +69.2% | +60.4% | +380.2% | +192.9% |
| EBITDA CAGR (3Y) | - | +490.1% | +578.2% | - | - | -56.3% | -3.7% |
| Profitability & leverage | |||||||
| Net income margin | +12.2% | +17.4% | +23.3% | -49.6% | +0.2% | 0.0% | +2.3% |
| Return on capital employed | +22.6% | +29.2% | +31.0% | -47.0% | +1.7% | +1.7% | +3.0% |
| Return on net worth | +22.2% | +38.8% | +70.8% | +3071.3% | +0.1% | +0.0% | +1.3% |
| Debt / equity | 0.46 | 0.41 | 1.68 | 0.00 | 0.24 | 0.19 | 0.17 |
| Long-term debt / equity | 0.08 | 0.15 | 1.12 | 0.00 | 0.02 | 0.00 | 0.00 |
| Interest cover | 10.64 | 9.22 | 129.22 | -10.86 | 300.00 | -4,900.00 | 204.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.15 | 3.92 | 3.78 | 3.06 | 261.72 | 196.11 | 89.16 |
| Inventory turnover | 6.34 | 6.33 | 5.84 | 3.20 | 7,590.00 | 108.95 | 31.41 |
| Debtors turnover | 2.06 | 2.87 | 4.40 | 3.82 | 1.90 | 2.54 | 1.79 |
| EPS (₹) | 6.15 | 7.41 | 7.17 | (27.51) | 0.05 | 0.00 | 0.26 |
| Dividend per share (₹) | 0.60 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 30.55 | 24.89 | 13.13 | (0.90) | 20.80 | 20.75 | 20.75 |
To see the full year-wise statements and ratios of Axis Solutions Limited, buy the company report.
Board of directors and KMP of Axis Solutions Limited
Axis Solutions Limited currently reports 6 directors and 1 key managerial person. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Shah Also directs: Axis Analytics India Private Limited | Director | 10 Aug 2024 | 2 Years 3 Months | Current |
| Purvi Sanghvi Also directs: Axtevate Go Private Limited, Axis Analytics India Private Limited | Ceo | 06 Sep 2024 | 2 Years 2 Months | Current |
| Nirali Parth Shah Also directs: Rajeshwari Cans Limited | Director | 30 Nov 2024 | 1 Years 11 Months | Current |
| Kornagattil Kutta Guptan | Director | 30 Dec 2024 | 1 Years 10 Months | Current |
| Sherry Bhavesh Shah | Director | 30 Nov 2024 | 1 Years 11 Months | Current |
| Deepak Purshottambhai Prajapati | Director | 30 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Axis Solutions Limited is audited by Sparks & Co. for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sparks & Co. | FY 2020 | 101458W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 85.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 1.70% and retail and other public shareholders hold 12.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 85.60% | 85.60% | 85.60% | 85.60% |
| Public | 14.40% | 14.40% | 14.40% | 14.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2026 | 101269678 | Others | ₹25 Cr | Open | |
| 12 Mar 2026 | 101267669 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 23 Jul 2025 | 101134207 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 31 Jul 2024 | 100966120 | Others | ₹40.28 Cr | Open | |
| 07 Feb 2024 | 100883923 | Others | ₹40.28 Cr | Open |
To see the full charge records of Axis Solutions Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Axis Solutions Limited has 89 deals on record (89 market trades); the latest was in March 2019.
Deals on record (5 of 89)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Market trade | ₹51.9 Lakh | Seller: Paramount Health Services & Insurance Tpa Private Limited |
| Sep 2017 | Market trade | ₹60.9 Lakh | Buyer: Stephanotis Finance Limited |
| Feb 2015 | Market trade | ₹9.6 Lakh | Seller: Pravara Commercial Pvt Ltd |
| Dec 2014 | Market trade | ₹19.8 Lakh | Buyer: 2 individuals Seller: Pravara Commercial Pvt Ltd |
| Aug 2010 | Market trade | ₹2 Lakh | Buyer: Kushagrah Trading Private Limited |
To see the full deal history of Axis Solutions 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
Axis Solutions Limited has 5 court cases on record: 3 filed by Axis Solutions, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Apstechs Infratak Private Limited | Disposed |
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed by the company against an individual | Pending |
| District court, Udaipur, Rajasthan | Criminal case | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against an individual | Disposed |
To see the full case history of Axis Solutions 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
Axis Solutions Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ambis Technologies Private Limited |
To see the full MSME payment records of Axis Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Axis Solutions has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Axiot Informatics Private Limited | U30007GJ1996PLC031197 |
To see the full group structure of Axis Solutions Limited, buy the company report.
GST
Axis Solutions has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS1371D3ZS | Gujarat | Active | 13 Jul 2023 |
| 22AACCS1371D1ZY | Chattisgarh | Active | 22 Jan 2025 |
| 09AACCS1371D1ZM | Uttar Pradesh | Active | 03 Nov 2025 |
| 27AACCS1371D1ZO | Maharashtra | Active | 13 Feb 2026 |
To see the full GST registrations and return filing status of Axis Solutions Limited, buy the company report.
Recent activity
Axis Solutions Limited has 34 board changes on record since 2006: 7 appointments and 27 cessations. The latest: Anand Shah ceased to be Director on 30 Dec 2024.
36 earlier events are in the company report.
Frequently asked questions
Axis Solutions is an active public limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 December 1985 (41+ years old) and is registered under CIN L43212GJ1985PLC029849. Listed on BSE: 511144.
Axis Solutions reported revenue of ₹240.67 Cr for FY 2025-26 (up 19.5% YoY) based on consolidated financials.
Axis Solutions has 7 current directors and KMP:
- Bijal Dineshchandra Sanghvi - Managing Director
- Anand Shah - Director
- Nirali Parth Shah - Director
- Kornagattil Kutta Guptan - Director
- Sherry Bhavesh Shah - Director
- Deepak Purshottambhai Prajapati - Director
- Purvi Sanghvi - Ceo
The latest financial statements of Axis Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Axis Solutions is 24AACCS1371D3ZS, registered in Gujarat. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 22AACCS1371D1ZY (Chattisgarh), 09AACCS1371D1ZM (Uttar Pradesh), 27AACCS1371D1ZO (Maharashtra).
The CIN (Corporate Identification Number) of Axis Solutions is L43212GJ1985PLC029849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Axis Solutions is a listed company as per MCA records. Its shares are listed on BSE (code: 511144).
Axis Solutions has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Axis Solutions was incorporated on 02 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Axis Solutions has 89 deals on record (89 market trades); the latest was in March 2019.
Anand Shah ceased to be Director on 30 Dec 2024. Deepak Purshottambhai Prajapati ceased to be Additional Director on 30 Dec 2024. Kornagattil Kutta Guptan was appointed as Director on 30 Dec 2024. Axis Solutions has 34 board changes on record in total.

