About Axiom Cordages
Axiom Cordages is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 1999. Synthetic fiber ropes and cordages are manufactured for industrial applications. It operates on a Reseller / Distribution and Direct-to-Consumer (D2C) model. The company has 44 employees. Axiom Cordages was last valued at $42.21 million in August 2013. Its chief executive, as recorded, is Mehul Vala. Its Indian entity Axiom Cordages Limited reported revenue of ₹142 Cr. Axiom Cordages offers products and services including Polypropylene Ropes, Polysteel Ropes, and Mooring Tails/Slings. Its focus areas include Manufacturing, Industrial Goods and Rope and Cordage.
Company details
Axiom Cordages is involved in the production of synthetic fiber ropes and cordages, serving industries such as shipping, mooring, fishing, telecom, and oil rigs. With over 30 years of experience, the company is recognized for consistent quality and innovation in rope manufacturing. Operations are based in India, with a strategic location near Mumbai port for efficient logistics. A wide range of products, including polypropylene, polysteel, and nylon ropes, are offered to meet diverse industrial needs. Global reach is established through exports to over 50 countries, supported by a focus on RD and adherence to international quality standards.
- Headquarters Mumbai, India
- Employees 44
- Stage Minicorn
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website axiomcordages.com
- Social LinkedIn
- Legal Name Axiom Cordages Limited
- Date of Incorporation 15 Apr, 1999
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹142 Cr
FY 2023 · +15% YoY
- Net Profit₹1.95 Cr
FY 2023 · 1% margin
- EBITDA₹13.99 Cr
FY 2023 · 10% margin
- Latest Funding Round$15.18M (USD), Unspecified
Aug 2013
- InvestorsFMO
& 2 more
- Employee Count44
Associated legal entities of Axiom Cordages
Axiom Cordages operates through Axiom Cordages Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Axiom Cordages Limited CIN U25209MH1999PLC119427 | Amalgamated | 15 Apr 1999 | Thane, Maharashtra | ₹142 Cr | 44 | 8 | View details |
Products & Services of Axiom Cordages
Axiom Cordages offers a comprehensive portfolio of products and services, including Polypropylene Ropes, Polysteel Ropes, and Mooring Tails/Slings.
Synthetic ropes made from polypropylene for various applications.
High-strength polysteel ropes used in mooring and shipping.
Mooring tails and slings for secure fastening applications.
Funding Insights of Axiom Cordages
- Total Rounds 3
- Last Round Unspecified — $15.18M
- Investors Count 3
All 3 funding rounds of Axiom Cordages with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Aug 2013 | $42.21M | •••••••• |
Last known valuation $42.21M (Aug 2013). 3 investors in total: 3 institutional.
Investors in Axiom Cordages
Axiom Cordages has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include FMO, BanyanTree Finance and Fossebridge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Investment firm engaging in diverse sector partnerships in India. | 2008 | banyantreefinance.com | Mumbai, India | |
Investor details for Axiom Cordages
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Axiom Cordages Limited (Axiom Cordages)
Axiom Cordages Limited is the primary company behind Axiom Cordages. The board of Axiom Cordages Limited currently have 5 directors; the longest-serving is Rishabh Rajkumar Agarwal, appointed in 2018. 30 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rishabh Rajkumar Agarwal DIN 05011607 | Director | 02 May 2018 | 8 yrs 6 mo | Axiom Cordages Limited |
| Mehul Laljibhai Vala DIN 08361696 | Whole-time director | 24 May 2019 | 7 yrs 5 mo | Axiom Cordages Limited |
| Mita Namonath Jha DIN 07258314 | Additional Director | 02 May 2022 | 4 yrs 6 mo | Axiom Cordages Limited |
| Sadanand Raghavendra Morab DIN 09790817 | Director | 14 Nov 2022 | 3 yrs 11 mo | Axiom Cordages Limited |
| Sanjiv Swarup DIN 00132716 | Director | 27 Jan 2023 | 3 yrs 9 mo | Axiom Cordages Limited |
People of Axiom Cordages
1 people are tracked at Axiom Cordages (1 in leadership); the tracked headcount is 44.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Axiom Cordages
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Axiom Cordages
Figures of Axiom Cordages Limited, the primary company behind Axiom Cordages, for FY 2023. Revenue was ₹142 Cr (+15% year on year). Net profit was ₹1.95 Cr (1% margin). EBITDA was ₹13.99 Cr (10% margin). Revenue has grown at a compounded annual rate of +9% over three years and -7% over five years.
- ₹142 CrRevenue · FY 2023 · +15% YoY
- ₹1.95 CrNet profit · 1% margin
- ₹13.99 CrEBITDA · 10% margin
- ₹32.88 CrPaid-up capital
- 44Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Axiom Cordages Limited are on its company page.
Detailed financial statements for Axiom Cordages
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Axiom Cordages
4 dated milestones of Axiom Cordages across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Axiom Cordages is founded.
- Funding First funding round.
- Funding Latest funding round, Unspecified, of $15.2M.
- Milestone Reaches Minicorn status.
Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Axiom Cordages (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Axiom Cordages
Axiom Cordages was founded in 1999 and raised its 1st funding round 9 years after it was founded.
Axiom Cordages is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mehul Vala is the CEO of Axiom Cordages, as recorded in our data.
Axiom Cordages has 44 employees.
The primary company behind Axiom Cordages, Axiom Cordages Limited, reported revenue of ₹142 Cr for FY 2023, up 15% year on year.
Axiom Cordages is involved in the production of synthetic fiber ropes and cordages, serving industries such as shipping, mooring, fishing, telecom, and oil rigs. With over 30 years of experience, the company is recognized for consistent quality and innovation in rope manufacturing. Operations are based in India, with a strategic location near Mumbai port for efficient logistics. A wide range of products, including polypropylene, polysteel, and nylon ropes, are offered to meet diverse industrial needs. Global reach is established through exports to over 50 countries, supported by a focus on RD and adherence to international quality standards.
Axiom Cordages offers Polypropylene Ropes, Polysteel Ropes, and Mooring Tails/Slings.
Axiom Cordages has 3 investors. Key investors include FMO, BanyanTree Finance, and Fossebridge.
The valuation of Axiom Cordages is $42.21M as of Aug 2013.
Axiom Cordages operates through Axiom Cordages Limited.
The legal entities of Axiom Cordages currently have 7 directors, including Sanjiv Swarup, Mohini Purshottam Sharma, Sadanand Raghavendra Morab and others.