Aztec Fluids & Machinery Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24100GJ2010PLC060446 Incorporated 28 April 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 544177 Public Limited Company machinery and equipment
Data last updated
Market Cap
₹150 Cr
AZTEC · BSE
Share Price
₹109.00
-0.91% today
Revenue
₹96.53 Cr
FY 2025-26 · +9.2% YoY
EBITDA
₹13.18 Cr
Margin 13.7%
Net Profit
₹7.32 Cr
FY 2025-26 · +17.5% YoY
P/E (TTM)
18.9x
P/B 2.4x
ROE
13.8%
ROCE 16.9%
Debt / Equity
0.29
Interest cover 14.4x

About Aztec Fluids & Machinery Limited

Data last updated:

Aztec Fluids & Machinery Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 April 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2010PLC060446. Its GSTIN is 24AAICA4428R1Z9 (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 544177.

The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹13.6 Cr. It is led by directors including Pulin Kumudchandra Vaidhya (Managing Director) and Amisha Pulin Vaidhya (Whole-Time Director).

Its last annual general meeting (AGM) was held on 16 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 ₹96.53 Cr, a growth of 9.2% compared to the previous year. For the same year it recorded a net profit of ₹7.32 Cr (net margin 7.6%) and EBITDA of ₹13.18 Cr (EBITDA margin 13.7%). The net worth stands at ₹57.53 Cr (up 14.8% YoY). Total assets are valued at ₹75.15 Cr (up 15.3% YoY).

The company has about 98 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Aztecindia. As per MCA filings, the company has open charges of ₹14.09 Cr and satisfied charges of ₹7.3 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 3 cases are pending. The company has 14 deals on record (10 market trades, 3 secondary share transfers, 1 ipo); the latest was in August 2025. Its 9 peer companies in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 4 larger and 5 smaller; the largest is Siporex India Private Limited with revenue of ₹77.41 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 113 overdue payments to 18 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 aztecfluids.com.

Company details

CIN U24100GJ2010PLC060446
Registration Number 060446
Incorporation Date 28 April 2010
ROC Ahmedabad
Listing Status Listed - Listed on BSE (544177)
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Aztec Fluids & Machinery has one previous CIN (Corporate Identification Number): U24100GJ2010PTC060446. The current CIN is U24100GJ2010PLC060446, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24100GJ2010PLC060446Current
U24100GJ2010PTC060446Previous

Contact details

Aztec Fluids & Machinery Limited's registered office is in Ahmedabad, Gujarat. Its website is aztecfluids.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Part H Plinth 4th Floor(Top Floor) Takshashila Square Nr.Krishnabag Four Rd, Maninagar, Ahmedabad, Gujarat, India – 380028
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment

To see the full contact details of Aztec Fluids & Machinery Limited, buy the company report.

Comprehensive company report
Aztec Fluids & Machinery 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Aztec Fluids & Machinery operates one associated brand: Aztecindia. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of coding and marking printers and consumablesaztecindia.org

Business activity

The main business activity of Aztec Fluids & Machinery is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Aztec Fluids & Machinery Limited, buy the company report.

Financials of Aztec Fluids & Machinery Limited

FY 2025-26 filings available

Aztec Fluids & Machinery Limited reported revenue of ₹96.53 Cr (up 9.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹96.53 Cr
+9.2% YoY
EBITDA
₹13.18 Cr
+31.9% YoY
Profit After Tax
₹7.32 Cr
+17.5% YoY
Net Worth
₹57.53 Cr
+14.8% YoY
Total Assets
₹75.15 Cr
+15.3% YoY
Total Debt
₹16.69 Cr
+18.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25
Income statement
Revenue96.5388.42
Revenue growth+9.2%-
EBITDA13.189.99
EBITDA margin+13.7%+11.3%
Profit before tax10.2710.13
Net profit7.326.23
Net profit margin+7.6%+7.1%
EPS (₹)5.455.56
Balance sheet
Total assets75.1565.19
Net worth57.5350.12
Total debt16.6914.15
Cash & bank0.190.19
Net working capital35.6733.09
Cash flow
Cash from operations8.545.85
Cash from investing(9.75)(22.82)
Cash from financing1.2115.64
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue83.3873.8767.6854.2645.7233.90
Revenue growth+12.9%+9.2%+24.7%+18.7%+34.9%-
EBITDA11.218.287.734.714.133.61
EBITDA margin+13.4%+11.2%+11.4%+8.7%+9.0%+10.7%
Profit before tax10.379.828.154.284.153.44
Net profit7.566.066.033.112.862.40
Net profit margin+9.1%+8.2%+8.9%+5.7%+6.3%+7.1%
EPS (₹)5.625.426.1315.963,112.502,462.80
Balance sheet
Total assets66.5455.4628.5721.1018.0014.77
Net worth57.6249.9821.4015.4812.399.59
Total debt8.455.096.925.625.525.14
Cash & bank0.170.141.273.050.580.44
Net working capital11.7211.668.7710.818.877.17
Cash flow
Cash from operations2.581.204.774.091.810.08
Cash from investing(5.40)(21.29)(7.04)(1.02)(1.37)0.20
Cash from financing2.8518.960.49(0.61)(0.28)(0.03)
ParticularsMar 2024Dec 2023
Revenue16.7515.20
Other income0.410.28
Total expenses14.8814.52
EBITDA1.870.68
EBITDA margin+11.2%+4.5%
Depreciation0.110.09
Interest0.110.16
Profit before tax2.060.71
Tax0.43(0.47)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Nov 2026
ParticularsFY 2025-26FY 2024-25
Revenue96.5388.42
Revenue growth+9.2%-
Other income0.872.87
Total expenses83.3578.43
Employee cost12.5112.55
EBITDA13.189.99
EBITDA margin+13.7%+11.3%
Depreciation2.201.19
Interest1.581.54
Profit before tax10.2710.13
Tax2.872.57
Net profit7.326.23
Net profit margin+7.6%+7.1%
EPS (₹)5.455.56
ParticularsFY 2025-26FY 2024-25
Equity & liabilities
Share capital13.6013.60
Reserves & surplus43.9336.52
Shareholders' funds (net worth)57.5350.12
Minority interest0.000.00
Secured loans1.261.70
Unsecured loans15.4312.45
Total debt16.6914.15
Total liabilities75.1565.19
Assets
Gross block18.5215.16
Net block12.9211.47
Capital work in progress6.323.54
Investments9.236.98
Inventories32.1322.79
Sundry debtors27.3324.94
Cash & bank balances0.190.19
Loans & advances8.298.78
Total current assets67.9456.70
Total current liabilities32.2723.61
Net working capital35.6733.09
Total assets75.1565.19
ParticularsFY 2025-26FY 2024-25
Opening cash0.191.52
Net cash from operating activities8.545.85
Net cash from investing activities(9.75)(22.82)
Net cash from financing activities1.2115.64
Net change in cash0.00(1.33)
Closing cash0.190.19
ParticularsFY 2025-26FY 2024-25
Growth
Sales growth+9.2%-
EBITDA growth+31.9%-
PBT growth+1.4%+9997.0%
Net income growth+17.5%-
Profitability & leverage
Net income margin+7.7%+8.6%
Return on capital employed+16.9%+16.3%
Return on net worth+13.8%+12.4%
Debt / equity0.290.28
Long-term debt / equity0.020.03
Interest cover14.3917.50
Efficiency & per share
Fixed asset turnover5.735.83
Inventory turnover3.523.88
Debtors turnover3.693.55
EPS (₹)5.455.56
Dividend per share (₹)0.000.50
Book value per share (₹)42.3036.85
ParticularsMar 2024Dec 2023
Revenue16.7515.20
Other income0.410.28
Total expenses14.8814.52
EBITDA1.870.68
EBITDA margin+11.2%+4.5%
Depreciation0.110.09
Interest0.110.16
Profit before tax2.060.71
Tax0.43(0.47)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue83.3873.8767.6854.2645.7233.90
Revenue growth+12.9%+9.2%+24.7%+18.7%+34.9%-
Other income1.383.141.310.270.710.78
Total expenses72.1765.5959.9549.5541.5930.29
Employee cost7.686.876.045.224.033.66
EBITDA11.218.287.734.714.133.61
EBITDA margin+13.4%+11.2%+11.4%+8.7%+9.0%+10.7%
Depreciation1.571.060.300.300.320.38
Interest0.650.540.590.400.370.57
Profit before tax10.379.828.154.284.153.44
Tax2.732.442.011.101.030.97
Net profit7.566.066.033.112.862.40
Net profit margin+9.1%+8.2%+8.9%+5.7%+6.3%+7.1%
EPS (₹)5.625.426.1315.963,112.502,462.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital13.6013.6010.002.000.010.01
Reserves & surplus44.0236.3811.4013.4812.389.58
Shareholders' funds (net worth)57.6249.9821.4015.4812.399.59
Secured loans1.261.622.360.520.590.43
Unsecured loans7.193.474.565.104.934.71
Total debt8.455.096.925.625.525.14
Total liabilities66.5455.4628.5721.1018.0014.77
Assets
Gross block14.5912.145.824.974.683.73
Net block9.748.573.322.772.712.08
Capital work in progress4.012.223.721.240.000.00
Investments26.2323.987.434.283.833.48
Inventories16.007.714.881.261.610.62
Sundry debtors18.1818.009.499.6710.608.34
Cash & bank balances0.170.141.273.050.580.44
Loans & advances6.616.138.906.545.154.13
Total current assets40.9631.9824.5420.5217.9413.53
Total current liabilities29.2420.3215.779.719.076.36
Net working capital11.7211.668.7710.818.877.17
Total assets66.5455.4628.5721.1018.0014.77
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash0.141.273.050.580.440.20
Net cash from operating activities2.581.204.774.091.810.08
Net cash from investing activities(5.40)(21.29)(7.04)(1.02)(1.37)0.20
Net cash from financing activities2.8518.960.49(0.61)(0.28)(0.03)
Net change in cash0.03(1.13)(1.77)2.460.150.24
Closing cash0.170.141.273.050.580.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+12.9%+9.2%+24.7%+18.7%+34.9%-
EBITDA growth+35.4%+7.1%+64.1%+14.0%+14.4%-
PBT growth+5.6%+20.5%+90.4%+3.1%+20.6%+9997.0%
Net income growth+24.8%+0.5%+93.9%+8.7%+19.2%-
Revenue CAGR (3Y)+15.4%+17.3%+25.9%---
EBITDA CAGR (3Y)+33.5%+26.1%+28.9%---
Profitability & leverage
Net income margin+9.2%+10.0%+9.1%+5.9%+6.8%+7.3%
Return on capital employed+18.1%+22.1%+35.1%+24.0%+27.5%+27.0%
Return on net worth+14.2%+16.9%+33.2%+22.9%+28.3%+25.7%
Debt / equity0.130.170.340.400.490.54
Long-term debt / equity0.020.060.130.180.290.38
Interest cover6.747.487.949.079.7117.65
Efficiency & per share
Fixed asset turnover6.248.2312.5411.2510.879.09
Inventory turnover7.0311.7322.0537.8141.0054.68
Debtors turnover4.615.377.065.354.834.06
EPS (₹)5.625.426.1315.963,112.502,462.80
Dividend per share (₹)0.000.5015.0015.00300.000.00
Book value per share (₹)42.3736.7521.4077.3812,385.609,589.20

To see the full year-wise statements and ratios of Aztec Fluids & Machinery Limited, buy the company report.

Board of directors of Aztec Fluids & Machinery Limited

Aztec Fluids & Machinery has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pulin Kumudchandra VaidhyaManaging Director28 Apr 201016 Years 6 MonthsCurrent
Amisha Pulin VaidhyaWhole-Time Director25 May 201016 Years 5 MonthsCurrent
Kumudchandra Bhawandas VaidyaDirector06 Nov 20233 Years 0 MonthsCurrent
Milan DesaiDirector15 Dec 20232 Years 10 MonthsCurrent
Ashish Anantray ShahDirector15 Dec 20232 Years 10 MonthsCurrent

Peer comparison

Aztec Fluids & Machinery Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aztec Fluids & Machinery Limitedthis company₹96.53 Cr (FY 2026)₹7.32 Cr7.6%9.2%98Ahmedabad, Gujarat, India
Siporex India Private Limited₹77.41 Cr (FY 2025)21.0%Pune, Maharashtra, India
Parth Fine Jewels Private Limited₹77.25 Cr (FY 2024)32.0%Mumbai, Maharashtra, India
Mansha Jute Private Limited₹77.25 Cr (FY 2024)6.0%Katihar, Bihar, India
Hydrotech Paryavaran India Private Limited₹77.13 Cr (FY 2025)59.0%Chandigarh, India
RF Gala India Decor Private Limited₹77 Cr (FY 2025)3.0%Tuticorin, Tamil Nadu, India
Shobha Asars Private Limited₹76.99 Cr (FY 2018)4.0%Mumbai, Maharashtra, India
H. M. Diwan Jewellers Private Limited₹76.97 Cr (FY 2025)29.0%Kolkata, West Bengal, India
Surya Solar and Waters Private Limited₹76.87 Cr (FY 2025)159.0%Dhansura, Gujarat, India
Duracon Cement Product Private Limited₹76.86 Cr (FY 2024)13.0%Bharuch, Gujarat, India

To see the full peer comparison of Aztec Fluids & Machinery Limited, buy the company report.

Auditor

Aztec Fluids & Machinery Limited is audited by RACHIN M SHAH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RACHIN M SHAH & ASSOCIATESFY 2023177231

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.80%, foreign institutional investors hold 2.90%, domestic institutional investors hold 0.20% and retail and other public shareholders hold 22.10%.

Promoters: 74.80%DII (Domestic Institutional): 0.20%FII (Foreign Institutional): 2.90%Retail & Others: 22.10%
Sep 2026
QUARTER
74.80% Promoters
0.20% DII (Domestic Institutional)
2.90% FII (Foreign Institutional)
22.10% Retail & Others
Promoter holding - history
Now 74.80% · Sep 2026High 74.80% · Sep 2026Low 74.00% · Dec 2025
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 74.00%Mar 2026: 74.00%Jun 2026: 74.70%Sep 2026: 74.80%74.00%74.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.80%74.70%74.00%74.00%
Public25.20%25.30%26.00%26.00%

Charges & borrowings

Open charges
₹14.09 Cr
Satisfied charges
₹7.3 Cr
Breakdown by lending institutions
Others₹13.42 Cr
Hdfc Bank Limited₹0.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Oct 2023100834056Hdfc Bank Limited₹66.67 LakhOpen
20 May 2023100748973Others₹1.5 CrOpen
20 May 2023100748975Others₹3.1 CrOpen
19 May 2023100742350Others₹1.5 CrOpen
14 Mar 2022100556109Others₹32 LakhOpen

To see the full charge records of Aztec Fluids & Machinery Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Aztec Fluids & Machinery Limited has 14 deals on record (10 market trades, 3 secondary share transfers, 1 ipo); the latest was in August 2025.

Total deals
14
Market trades
10
Secondary share transfers
3
IPO
1

Deals on record (5 of 14)

WhenDealAmountParties
Aug 2025Market trade₹61.5 LakhBuyer: Kite Kraken Advisory Llp
Seller: an individual
May 2025Market trade₹66.9 LakhSeller: an individual
Aug 2024Market trade₹1.81 CrBuyer: Viney Equity Market LLP , an individual
Seller: an individual
May 2024Market trade₹90.5 LakhSeller: Mansi Share and Stock Broking Private Limited
May 2024Market trade₹1.77 CrBuyer: Mansi Share and Stock Broking Private Limited

To see the full deal history of Aztec Fluids & Machinery Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Aztec Fluids & Machinery Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 113 overdue payments to 18 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 18)

SupplierAmount dueDue sinceReported on
an individual supplier
Scientific Sales Research Chemicals Private Limited
Axis Duck Farban LLP
an individual supplier
Advatage Plus

To see the full MSME payment records of Aztec Fluids & Machinery Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Aztec Fluids & Machinery Limited has a workforce of 98 employees on its EPFO records as of Aug 23, 2025, across 1 active EPFO establishment.

Employee count
98
Active EPFO establishments
1
Employee growth
12.64%

GST

Aztec Fluids & Machinery has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAICA4428R1Z9GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Aztec Fluids & Machinery Limited, buy the company report.

Recent activity

Aztec Fluids & Machinery Limited has 12 board changes on record since 2010: 5 appointments and 7 cessations. The latest: Ashish Anantray Shah ceased to be Additional Director on 05 Jan 2024.

Filing
Aztec Fluids & Machinery Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Aztec Fluids & Machinery Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 7.00 Cr registered on 27 Jan 2021 with Charge ID 100412800 was modified on 09 Dec 2024.
Ceased
Ashish Anantray Shah ceased to be Additional Director.
Ceased
Milan Desai ceased to be Additional Director.
Appointed
Ashish Anantray Shah was appointed as Director.
Appointed
Milan Desai was appointed as Director.
Ceased
Amisha Pulin Vaidhya ceased to be Director.
Ceased
Pulin Kumudchandra Vaidhya ceased to be Director.
Ceased
Kumudchandra Bhawandas Vaidya ceased to be Additional Director.
Appointed
Kumudchandra Bhawandas Vaidya was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.67 Cr with Charge ID 100834056 was registered on 18 Oct 2023.

21 earlier events are in the company report.

Frequently asked questions

Aztec Fluids & Machinery is an active public limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 28 April 2010 (16+ years old) and is registered under CIN U24100GJ2010PLC060446. Listed on BSE: 544177.

Aztec Fluids & Machinery reported revenue of ₹96.53 Cr for FY 2025-26 (up 9.2% YoY) based on consolidated financials.

Aztec Fluids & Machinery has 5 current directors:

The latest financial statements of Aztec Fluids & Machinery on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Aztec Fluids & Machinery is 24AAICA4428R1Z9, registered in Gujarat.

The CIN (Corporate Identification Number) of Aztec Fluids & Machinery is U24100GJ2010PLC060446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Aztec Fluids & Machinery is a listed company as per MCA records. Its shares are listed on BSE (code: 544177).

Aztec Fluids & Machinery has 5 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending.

Aztec Fluids & Machinery was incorporated on 28 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Aztec Fluids & Machinery has 14 deals on record (10 market trades, 3 secondary share transfers, 1 ipo); the latest was in August 2025.

The peers of Aztec Fluids & Machinery by revenue are Siporex India Private Limited, Parth Fine Jewels Private Limited, Mansha Jute Private Limited, Hydrotech Paryavaran India Private Limited, RF Gala India Decor Private Limited and 4 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Ashish Anantray Shah ceased to be Additional Director on 05 Jan 2024. Milan Desai ceased to be Additional Director on 05 Jan 2024. Ashish Anantray Shah was appointed as Director on 15 Dec 2023. Aztec Fluids & Machinery has 12 board changes on record in total.