Axtel Industries Limited - Company Profile

Q: Who are the current directors of Axtel Industries Limited?

The current directors of Axtel Industries Limited are Rajendrabhai Kantilal Bhavsar, Ameet Nalin Parikh, Paresh Jaisinh Rajda, Nimish Patel Rohitkumar, Deepti Sharma, Rajendra Kantilal Bhavsar, Dharaben Mehulkumar Thakar, Ajitsingh Mohansingh Bubber, Ajay Nalin Parikh, Ajay Naishad Desai, Prerna Sudeep Bokil, Rajendrabhai Kantilal Bhavsar.

It is a machinery and equipment public limited company based in Baska, Gujarat, India, established in 1991.

1991 Baska, Gujarat, India Active

Last Updated: January 05, 2026

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About Axtel Industries Limited

Axtel Industries Limited, a active public limited company, was established on 28 August 1991 in Baska, Gujarat, India. Engaging in process machinery & industrial equipment within the manufacturing sector, it holds CIN: L91110GJ1991PLC016185. Registered under ROC Roc Ahmedabad. it is listed on BSE: 523850. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹16.15 Cr.

Formerly known as Advanced Extrufoil Technology And Exports Ltd. It upholds a compliant status. In 2023, it reported revenue of ₹183.82 Cr and a net worth of ₹96.16 Cr. Employing 206 professional, Its leadership includes Rajendrabhai Kantilal Bhavsar (Cfo), Ameet Nalin Parikh (Director), Paresh Jaisinh Rajda (Director). Past directors included Neeraj Kirit Pathak, Ameet Nalin Parikh, Paresh Jaisinh Rajda. It holds ₹50.00 Cr open charges and ₹43.26 Cr settled loans. Its latest AGM occurred on 19 August 2025, with the balance sheet filed on 31 March 2025. It is based at Vadodara Halol Highway, Baska, Gujarat, 389350.

Company Details

CIN/LLPIN
L91110GJ1991PLC016185
Registration Number
016185
Incorporation Date
28 August 1991
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹16.15 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 523850)
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 05-01-2026
Paid Up Capital ₹ 16.15 Cr as on 05-01-2026
Company Age 34 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 50.00 Cr as on 05-01-2026
Satisfied Charges ₹ 43.26 Cr as on 05-01-2026
Revenue Growth **** 24.94% (FY 2023)
Profit Growth **** 25.09% (FY 2023)
Ebitda **** 33.73% (FY 2023)
Net Worth 18.97% (FY 2023)
Total Assets **** 36.90% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Axtel Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Axtel Industries Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajendrabhai Kantilal Bhavsar	Cfo	10 Mar 2016	Current
Ameet Nalin Parikh	Director	01 Dec 2009	Current
Paresh Jaisinh Rajda	Director	03 May 2024	Current
Nimish Patel Rohitkumar	Director	05 Nov 2018	Current
Deepti Sharma	Director	05 Nov 2018	Current
Dharaben Mehulkumar Thakar	Company Secretary	02 Jun 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Alternate Director	06 Jan 2015	Past
Pramod Abcsdd	Additional Director	30 Aug 2010	Past
Pramod Abcsdd	Additional Director	31 Jul 2024	Past
Pramod Abcsdd	Company Secretary	31 May 2025	Past
Pramod Abcsdd	Additional Director	25 Sep 2019	Past
Pramod Abcsdd	Additional Director	03 Sep 2012	Past

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Financial Performance of Axtel Industries.

Axtel Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.94% increase. The company also saw a substantial improvement in profitability, with a 25.09% increase in profit. The company's net worth Soared by an impressive increase of 18.97%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

24.94%

*******

Revenue from Operations

*******

25.11%

*******

Total Assets

*******

36.90%

*******

Profit or Loss

*******

25.09%

*******

Net Worth

*******

18.97%

*******

EBITDA

*******

33.73%

*******

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What is the Ownership and Shareholding Structure of Axtel Industries?

In 2024, Axtel Industries had a promoter holding of 49.95% and a public holding of 50.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹500,000,000.00

Satisfied Charges

₹432,550,600.00

Charges Breakdown by Lending Institutions

Others : 50.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Sep 2010	Others	₹50.00 Cr	Open
18 Oct 2019	Others	₹25.00 Cr	Satisfied
19 Mar 2018	Yes Bank Limited	₹1.40 Cr	Satisfied
31 Aug 2009	State Bank Of India	₹8.00 Cr	Satisfied
22 Jul 2008	Abn Amro Bank N.V.	₹5.00 Cr	Satisfied

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How Many Employees Work at Axtel Industries?

Axtel Industries has a workforce of 206 employees as of Jul 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Axtel Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Axtel Industries's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Axtel Industries

Recent Activity within the Organization

Annual General Meeting

Progress on Axtel Industries Limited last Annual general meeting of members was held on 19 Aug 2025 as per latest MCA records. was documented.
19 Aug 2025
Director Appointment

Progress on Dharaben Mehulkumar Thakar was appointed as a Company Secretary was appointed as a Company Secretary on 02 Jun 2025 & has been associated with this company since 8 months 14 days . was documented.
02 Jun 2025
Director Appointment

Dharaben Mehulkumar Thakar was appointed as a Company Secretary was appointed as a Company Secretary on 02 Jun 2025 & has been associated with this company since 8 months 14 days . was recorded as a recent event.
02 Jun 2025
Balance Sheet

Axtel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Paresh Jaisinh Rajda was appointed as a Director was appointed as a Director on 03 May 2024 & has been associated with this company since 1 year 9 months . was completed.
03 May 2024
Charges

The activity A charge with Others of Rs. 50.00 Cr registered on 28 Sep 2010 with Charge ID 10245352 was modified on 22 Nov 2023. was completed.
22 Nov 2023

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