About Akson Oiltech
Akson Oiltech is a company based in Mumbai (India) founded in 2017. It operates as a B2B. Akson Oiltech operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
- Headquarter Mumbai, India
- SectorsIndustrial Goods & Manufacturing
- Website aksonoil.com
- Legal Name Akson Oiltech Private Limited
- Date of Incorporation 10 Feb, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.01 Cr
FY 2025 · -18% YoY
- Net Loss-₹1.09 Cr
FY 2025 · -16% margin
- EBITDA-₹73 Lakh
FY 2025 · -10% margin
Associated legal entities of Akson Oiltech
Akson Oiltech operates through Akson Oiltech 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 |
|---|---|---|---|---|---|---|---|
| Akson Oiltech Private Limited CIN U24299MH2017PTC291048 | Active | 10 Feb 2017 | Mumbai, Maharashtra | ₹7.0 Cr | – | 3 | View details |
Board of directors of Akson Oiltech Private Limited (Akson Oiltech)
Akson Oiltech Private Limited is the primary company behind Akson Oiltech. The board of Akson Oiltech Private Limited currently have 3 directors; the longest-serving is Harsh Kailashnarain Agarwal, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harsh Kailashnarain Agarwal DIN 02406526 | Director | 10 Feb 2017 | 9 yrs 8 mo | Akson Oiltech Private Limited |
| Kailashnarain Agarwal DIN 00220303 | Director | 15 Dec 2023 | 2 yrs 9 mo | Akson Oiltech Private Limited |
| Kuldeep Kumar Ravt DIN 10910248 | Additional Director | 24 Jan 2025 | 1 yr 8 mo | Akson Oiltech Private Limited |
Financials of Akson Oiltech
Figures of Akson Oiltech Private Limited, the primary company behind Akson Oiltech, for FY 2025. Revenue was ₹7.01 Cr (-18% year on year). Net loss was -₹1.09 Cr (-16% margin). EBITDA was -₹73 Lakh (-10% margin). Revenue has grown at a compounded annual rate of -49% over three years and +1% over five years.
- ₹7.01 CrRevenue · FY 2025 · -18% YoY
- -₹1.09 CrNet loss · -16% margin
- -₹73 LakhEBITDA · -10% margin
- ₹10 LakhPaid-up capital
- -49%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Akson Oiltech Private Limited are on its company page.
Detailed financial statements for Akson Oiltech
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Competitors of Akson Oiltech
Akson Oiltech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cummins.com | 1919 | United States | – | 36,826 | Manufacturer of gas-powered construction equipment | |
| valeo.com | 1923 | Paris, France | – | 124 | Automotive products and services are supplied globally to automakers. | |
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| schaeffler.com | 1946 | Herzogenaurach, Germany | – | 90,151 | Manufacturer of bearings for the automotive industry | |
| faurecia.com | 1997 | Nanterre, France | – | – | Automotive components and systems are manufactured for vehicles. | |
| ranegroup.com | 1929 | Chennai, India | – | 172 | Major auto components are manufactured and supplied to OEMs. | |
| novaresteam.com | 1955 | Clamart, France | $32.95M | 167 | Major auto components are manufactured and supplied globally. | |
| zf.com | 1915 | Friedrichshafen, Germany | – | 168,700 | Mobility systems are developed for cars, vehicles, and industrial uses. | |
| mahle.com | 1920 | Stuttgart, Germany | – | 109 | Automotive cooling systems, pistons, and aftermarket components are manufactured. |
Detailed competitors of Akson Oiltech
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- Operating metrics
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Similar companies to Akson Oiltech
10 companies that operate in the same segment as Akson Oiltech (Oil & Gas Equipment & Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Potato farming, grain marketing, and equipment services in Maine. | 2000 | Gurugram, Haryana, India | – | – | – | |
Gas equipment manufacturing, repair, and engineering services are provided. | 1859 | Canton, Ohio, United States | – | USD 4.16 B | 11,930 | |
Manufacturer of polycrystalline diamond compact drill bits | 1978 | Houston, Texas, United States | – | USD 4.83 B | 9,200 | |
USA Compression is engaged in providing gas compression services. | 1998 | Austin, Texas, United States | – | USD 998.1 M | 854 | |
Drilling and oilfield products are provided to the energy sector. | 2005 | Houston, Texas, United States | USD 28.51 M | USD 791.47 M | 937 | |
Science, technology, and engineering solutions are delivered worldwide by KBR. | 1919 | Houston, Texas, United States | – | USD 7.79 B | 38,000 | |
Industrial equipment and service solutions are provided for various sectors. | 1965 | Houston, Texas, United States | USD 1.07 M | – | 631 | |
Sustainable energy infrastructure is designed, deployed, and serviced globally. | 1980 | Calgary, Alberta, Canada | USD 12.43 M | USD 2.62 B | 4,600 | |
Provider of hydraulic fracturing, coiled tubing, and cementing services | 1999 | Calgary, Alberta, Canada | – | USD 1.02 B | 2,200 | |
Offshore support vessel services are provided by Wintermar. | 1970 | Jakarta, Jakarta, Indonesia | – | USD 80.16 M | 245 |
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Frequently Asked Questions about Akson Oiltech
Akson Oiltech was founded in 2017.
Akson Oiltech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Akson Oiltech, Akson Oiltech Private Limited, reported revenue of ₹7.01 Cr for FY 2025, down 18% year on year.
Akson Oiltech manufactures and supplies a range of lubricant oils through producing manufactured goods, chemicals, lubricants, and oil manufacturing. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Akson Oiltech operates through Akson Oiltech Private Limited.
The legal entities of Akson Oiltech currently have 3 directors, including Kailashnarain Agarwal, Harsh Kailashnarain Agarwal, Kuldeep Kumar Ravt.