About Axolo Ceramic Private Limited
Data last updated:
Axolo Ceramic Private Limited is a private limited company based in Olpad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 16 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2012PTC071159. Its GSTIN is 24AAKCA7221Q1ZC (Gujarat).
The company has an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Upeshkumar Hasmukhlal Thakkar and Hargun Chhataram Bhambhani.
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 Olpad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.82 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.88 Cr (net margin 5.7%) and EBITDA of ₹3.67 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Axolo Ceramic. As per MCA filings, the company has open charges of ₹21.13 Cr and satisfied charges of ₹10 Cr on record. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in March 2022. Its 10 peer companies in the Chemicals industry (Industrial Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Aarav Salt & Chemicals Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axoloceramic.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBlock No 212 Kumvarda, Mangrol, Olpad, Gujarat, India – 394120
- IndustryChemicals and Materials, Industrial Chemicals
- 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
- One PDF report, delivered after checkout
Business Activity of Axolo Ceramic Private Limited
The main business activity of Axolo Ceramic is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Axolo Ceramic Private Limited FY 2024 filings available
Axolo Ceramic Private Limited reported revenue of ₹32.82 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Axolo Ceramic Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 5% 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 of Axolo Ceramic Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.88 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Axolo Ceramic Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Axolo Ceramic are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Axolo Ceramic Private Limited
Axolo Ceramic Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarav Salt & Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Chowgule Construction Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Vasco Da Gama, Goa, India |
| Kavish Mercantile Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ester India Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Shakarpur, Delhi, India |
| Desire Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Axolo Ceramic Private Limited this company | •••• | •••• | •••• | •••• | - | Olpad, Gujarat, India |
| Kalpa Char Products Private Limited | •••• | •••• | •••• | •••• | 26 | Arasikere, Karnataka, India |
| Uitc (India) Private Limited | •••• | •••• | •••• | •••• | - | Raghunathapali, Orissa, India |
| Shunmuga Ananth Exim Private Limited | •••• | •••• | •••• | •••• | - | Tuticorin, Tamil Nadu, India |
| Nanco Chem Products Private Limited | •••• | •••• | •••• | •••• | - | Bharuch, Gujarat, India |
| Shri Shivam Oil Refinery Udyog Private Limited | •••• | •••• | •••• | •••• | - | Raxaul, Bihar, India |
Peers are the five companies nearest above and the five nearest below Axolo Ceramic by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Axolo Ceramic Private Limited
Axolo Ceramic Private Limited is audited by ANIKET DARSHAN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIKET DARSHAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Axolo Ceramic Private Limited
Axolo Ceramic has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upeshkumar Hasmukhlal Thakkar Also directs: Hindustan Silichem Private Limited, Shreenath Ceramics Industries Private Limited, Sunfrio Chemicals Private Limited and 5 more | Director | 16 Jul 2012 | 14 Years 2 Months | Current |
| Hargun Chhataram Bhambhani Also directs: Sunrise Glass Industries Private Limited | Director | 01 Oct 2016 | 10 Years 0 Months | Current |
| Satish Hargun Bhambhani Also directs: Jalaram Infracon LLP | Director | 12 May 2021 | 5 Years 4 Months | Current |
| Gaurav Hasmukhbhai Thakkar Also directs: Hindustan Silichem Private Limited, Sunfrio Chemicals Private Limited, Sunrise Glass Industries Private Limited and 5 more | Director | 11 Sep 2017 | 9 Years 0 Months | Current |
Ownership and Shareholding of Axolo Ceramic Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Axolo Ceramic Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2017 | Yes Bank Limited | ₹10.57 Cr | Open |
| 27 Jun 2017 | Yes Bank Limited | ₹10.57 Cr | Open |
| 31 Jan 2015 | State Bank of India | ₹5 Cr | Satisfied |
| 30 Jan 2015 | State Bank of India | ₹5 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Axolo Ceramic Private Limited
Axolo Ceramic Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vishwa Glass & Ceramic Private Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Funding round | ₹2.48 Cr | Investors: 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Axolo Ceramic Private Limited
Axolo Ceramic operates one associated brand: Axolo Ceramic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production and supply of sodium silicate lumps and liquid for chemical applications in various industries. | axoloceramic.com |
Employees and EPFO Compliance at Axolo Ceramic Private Limited
Axolo Ceramic Private Limited has a workforce of 1 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Axolo Ceramic Private Limited
Axolo Ceramic Private Limited has 11 board changes on record since 2012: 4 appointments and 7 cessations. The latest: Satish Hargun Bhambhani ceased to be Additional Director on 20 Nov 2021.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Axolo Ceramic Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Axolo Ceramic Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Axolo Ceramic Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Axolo Ceramic Private Limited
Axolo Ceramic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA7221Q1ZC | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Axolo Ceramic Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Axolo Ceramic Private Limited
Axolo Ceramic is an active private limited company based in Olpad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 16 July 2012 (14+ years old) and is registered under CIN U26933GJ2012PTC071159.
Axolo Ceramic reported revenue of ₹32.82 Cr for FY 2024 (down 21% YoY).
Axolo Ceramic has 4 current directors:
- Upeshkumar Hasmukhlal Thakkar - Director
- Hargun Chhataram Bhambhani - Director
- Satish Hargun Bhambhani - Director
- Gaurav Hasmukhbhai Thakkar - Director
Axolo Ceramic reported a net profit of ₹1.88 Cr (net margin 5.7%) and EBITDA of ₹3.67 Cr (EBITDA margin 11.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Axolo Ceramic is 10% over three years and 7% over five years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Axolo Ceramic is 24AAKCA7221Q1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Axolo Ceramic is U26933GJ2012PTC071159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axolo Ceramic was incorporated on 16 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Axolo Ceramic has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in March 2022.
The peers of Axolo Ceramic by revenue are Aarav Salt & Chemicals Private Limited, Chowgule Construction Chemicals Private Limited, Kavish Mercantile Private Limited, Ester India Chemicals Private Limited, Desire Chemicals Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Satish Hargun Bhambhani ceased to be Additional Director on 20 Nov 2021. Upeshkumar Hasmukhlal Thakkar ceased to be Director on 19 Nov 2021. Satish Hargun Bhambhani was appointed as Director on 12 May 2021. Axolo Ceramic has 11 board changes on record in total.