About AFG Combustion
AFG Combustion is an Energy & Utilities company. Provision of flares and combustion equipment for energy and chemical industries. It operates in the Energy & Utilities and Chemicals & Materials sectors. The company has 202 employees. Its Indian entity Afg Combustion Private Limited reported revenue of ₹284 Cr. AFG Combustion offers products and services including Flare Systems and Turnkey Projects. Its focus areas include Energy, Oil and Gas, Refining and Flare Equipment.
Company details
AFG Combustion is recognized for supplying flares and combustion equipment to refineries, petrochemical plants, and fertilizer industries, with operations dating back to 1984. The company underwent a name change from Airoil Flaregas Pvt. Ltd. in November 2023 to better align with its expanding product portfolio and global reach. It maintains a headquarters in Gujarat, India, featuring certified manufacturing facilities that adhere to ISO and ASME standards. Over 300 flares have been delivered worldwide, emphasizing cost-efficient solutions for high destruction efficiency and low-noise operations. The acquisition of Greens Combustion Ltd. in 2015 enhanced its international expertise in combustion systems.
- Employees 202
- SectorsEnergy & UtilitiesChemicals & Materials
- Email••••••••
- Website airoilflaregas.com
- Legal Name Afg Combustion Pvt. Ltd
- Date of Incorporation 07 Apr, 1984
- Jurisdiction Dist-Mehsana, Gujarat, India
- Indian entity revenue₹284 Cr
FY 2025 · +13% YoY
- Indian entity net profit₹19.89 Cr
FY 2025 · 7% margin
- Indian entity EBITDA₹42.79 Cr
FY 2025 · 15% margin
- Employee Count202
Associated legal entities of AFG Combustion
AFG Combustion operates through Afg Combustion Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Afg Combustion Private Limited CIN U24110GJ1984PTC006875 | Active | 07 Apr 1984 | Dist-Mehsana, Gujarat | ₹284 Cr | 202 | 4 | View details |
Products & Services of AFG Combustion
AFG Combustion offers a comprehensive portfolio of products and services, including Flare Systems and Turnkey Projects.
Flare systems are designed and manufactured for industrial applications, including non-smokeless and steam-assisted flares, to handle waste gas combustion efficiently.
Turnkey projects are offered for the installation and commissioning of flares, taking single-point responsibility from concept to completion for cost-effective execution.
Board of directors of Afg Combustion Private Limited (AFG Combustion)
Afg Combustion Private Limited is the primary company behind AFG Combustion. The board of Afg Combustion Private Limited currently have 4 directors; the longest-serving is Gautam Hasmukh Sheth, appointed in 1995. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gautam Hasmukh Sheth DIN 00011068 | Director | 01 Sep 1995 | 31 yrs 2 mo | Afg Combustion Private Limited |
| Damji Champsey Chheda DIN 00014267 | Director | 29 Sep 1995 | 31 yrs 1 mo | Afg Combustion Private Limited |
| Nigel Andrade DIN 06793006 | Director | 06 Feb 2014 | 12 yrs 8 mo | Afg Combustion Private Limited |
| Mitesh Mahendra Sanghavi DIN 00011261 | Whole-time director | 21 Mar 2014 | 12 yrs 7 mo | Afg Combustion Private Limited |
Financials of AFG Combustion
Figures of Afg Combustion Private Limited, the primary company behind AFG Combustion, for FY 2025. Revenue was ₹284 Cr (+13% year on year). Net profit was ₹19.89 Cr (7% margin). EBITDA was ₹42.79 Cr (15% margin). Revenue has grown at a compounded annual rate of +24% over three years and +25% over five years.
- ₹284 CrRevenue · FY 2025 · +13% YoY
- ₹19.89 CrNet profit · 7% margin
- ₹42.79 CrEBITDA · 15% margin
- ₹8.53 CrPaid-up capital
- 202Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Afg Combustion Private Limited are on its company page.
Detailed financial statements for AFG Combustion
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Frequently Asked Questions about AFG Combustion
AFG Combustion has 202 employees.
The primary company behind AFG Combustion, Afg Combustion Private Limited, reported revenue of ₹284 Cr for FY 2025, up 13% year on year.
AFG Combustion is recognized for supplying flares and combustion equipment to refineries, petrochemical plants, and fertilizer industries, with operations dating back to 1984. The company underwent a name change from Airoil Flaregas Pvt. Ltd. in November 2023 to better align with its expanding product portfolio and global reach. It maintains a headquarters in Gujarat, India, featuring certified manufacturing facilities that adhere to ISO and ASME standards. Over 300 flares have been delivered worldwide, emphasizing cost-efficient solutions for high destruction efficiency and low-noise operations. The acquisition of Greens Combustion Ltd. in 2015 enhanced its international expertise in combustion systems.
AFG Combustion offers Flare Systems and Turnkey Projects.
AFG Combustion operates through Afg Combustion Private Limited.
The legal entities of AFG Combustion currently have 4 directors, including Gautam Hasmukh Sheth, Nigel Andrade, Damji Champsey Chheda and others.