Axis Solutions

Ahmedabad, India Founded: 1999 • Age: 27 yrs Listed
Multiple oil and gas equipment types are manufactured.

About Axis Solutions

Axis Solutions is a publicly listed company based in Ahmedabad (India) founded in 1999 by Bijal Sanghvi. Multiple oil and gas equipment types are manufactured. Axis Solutions was last valued at $61.32 thousand in July 2009. Its website axisindia.in draws about 10 thousand monthly visits. Its Indian entity Axis Solutions Limited reported revenue of β‚Ή241 Cr. Axis Solutions offers products and services including Analytical Systems and Automation Products. Its focus areas include Energy, Oil & Gas Equipment, Industrial Goods and Manufacturing and Manufacturing Services.

Company details

Axis Solutions was established in 1999 in Ahmedabad, India. Manufacturing operations focus on equipment for the oil and gas sector. Various tools and machinery are produced to support energy industry needs. The company is headquartered in India, with activities centered on equipment fabrication for upstream and downstream applications. Leadership is provided by founder Bijal Sanghvi.

  • Headquarters Ahmedabad, India
  • Founders Bijal Sanghvi
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website axisindia.in
  • Social LinkedIn Facebook YouTube
  • Legal Name Axis Solution Ltd
Key Metrics
  • Market Cap
    ₹2,726 Cr

    AXISOL · BSE

  • Share Price
    ₹565.20

    -1.99% today

  • Revenue
    ₹241 Cr

    FY 2025-26 · +19.6% YoY

  • EBITDA
    ₹45.06 Cr

    Margin 18.7%

  • Net Profit
    ₹28.84 Cr

    FY 2025-26 · -13.9% YoY

  • P/E (TTM)
    90.9x

    P/B 19.3x

  • ROE
    22.1%

    ROCE 22.6%

  • Debt / Equity
    0.46

    Interest cover 10.7x

  • Latest Funding Round
    $40.69K (USD), Unspecified

    Jul 2009

Products & Services of Axis Solutions

Axis Solutions offers a comprehensive portfolio of products and services, including Analytical Systems and Automation Products.

Analytical Systems
Industrial Solutions

Systems for gas analysis and CEMS are provided to support monitoring in industrial environments.

Automation Products
Automation and IOT

Products for protocol converters and data communication are provided to facilitate industrial processes.

Apps and channels of Axis Solutions

its YouTube channel Axis Solutions Limited has 109 subscribers and 8 videos.

Axis Solutions Limited
YouTube 109 subscribers 8 videos Science & Technology
Open channel

Videos from Axis Solutions

The most watched videos on Axis Solutions's YouTube channel, Axis Solutions Limited (109 subscribers). Click a video to play it here.

Axis Solutions | A Goal Which Drives to Sustainable Living
629 views
Systems Solutions and AXIS Products
246 views
Training on AMI GAS Analyzer, Axis Solution Pvt. Ltd.
243 views
Fundamentals of Passive Cooling
210 views

More on Axis Solutions Limited.

Funding Insights of Axis Solutions

  • Total Rounds 1
  • Last Round Unspecified β€” $40,691
  • First Round $40,691

    (Jul 2009)

  • Investors Count 1

All 1 funding rounds of Axis Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2009$40,691Unspecified$61,323Gujarat Telelink
–
Valuation history

Last known valuation $61,323 (Jul 2009). 1 investors in total: 1 institutional.

Investors in Axis Solutions

Axis Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gujarat Telelink.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
gujarattelelink.tcc.mode
Premium access

Investor details for Axis Solutions

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 Axis Solutions Limited (Axis Solutions)

Axis Solutions Limited is the primary company behind Axis Solutions. The board of Axis Solutions Limited currently have 7 directors; the longest-serving is Anand Shah, appointed in 2024. 27 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anand Shah
DIN 09567072
Director10 Aug 20242 yrs 2 moAxis Solutions Limited
Bijal Dineshchandra Sanghvi
DIN 01988242
Managing Director10 Aug 20242 yrs 2 moAxis Solutions Limited
Purvi Sanghvi
DIN 01932029
CEO06 Sep 20242 yrs 1 moAxis Solutions Limited
Nirali Parth Shah
DIN 10811015
Director30 Nov 20241 yr 10 moAxis Solutions Limited
Sherry Bhavesh Shah
DIN 10811014
Director30 Nov 20241 yr 10 moAxis Solutions Limited
Deepak Purshottambhai Prajapati
DIN 10841232
Director30 Nov 20241 yr 10 moAxis Solutions Limited
Kornagattil Kutta Guptan
DIN 10813992
Director30 Dec 20241 yr 9 moAxis Solutions Limited

People of Axis Solutions

14 people are tracked at Axis Solutions (4 in leadership, 10 in team).

NameRoleGroup
FounderLeadership
Sanjeev Chakraborty
Head Of Sales And Business DevelopmentLeadership
Chetan Kelavekar
Regional Sales Head- South IndiaLeadership
Paresh Sheth
Head Of Customer SupportLeadership
Ankit Kumar Verma
Deputy ManagerTeam
Ram Kishan Pal
Senior Project EngineerTeam
Anita Prajapati
Senior Sales CoordinatorTeam
Mukesh Bhavsar
Senior Sales Marketing ManagerTeam
Harshad Pansuriya
Research And Development ManagerTeam
Anuj Kumar
Sales ManagerTeam
Swapnita Parab
Sr. Proposal And Sales ManagerTeam
Avinash Suthar
Senior Sales ManagerTeam
Vidhi Sanghpal
Sr. Proposal Engineer & Product ManagerTeam
Chintan Jain
Project EngineerTeam
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Complete people profiles for Axis Solutions

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.

IPO & Listings of Axis Solutions

Axis Solutions is a publicly listed company on the BSE with ticker symbol AXISOL in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onBSE: AXISOL
  • Listed entityAxis Solution Ltd
  • Exchange sectorTechnology services
  • ISININE520G01024
  • Share price₹614.10 (+1.99% on the day) · 2026-10-14
  • Market capitalisation₹2,846 Cr
  • Price to earnings92.0
  • EPS (diluted, trailing year)₹6.68
  • Dividend yield0.1%
  • Volume (last session)12,602

Financials of Axis Solutions

Exchange-reported figures of Axis Solutions Limited, the listed company behind Axis Solutions (BSE: AXISOL).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹241 Cr
+19.5% YoY
EBITDA
₹45.06 Cr
+27.0% YoY
Profit After Tax
₹28.84 Cr
-13.9% YoY
Net Worth
₹144 Cr
+23.0% YoY
Total Assets
₹227 Cr
+45.2% YoY
Total Debt
₹81.47 Cr
+114.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Income statement
Revenue24120113639.6634.8838.5731.93
Revenue growth+19.6%+47.6%-+13.7%-9.6%+20.8%-
EBITDA45.0635.473.121.491.621.282.31
EBITDA margin+18.7%+17.6%+2.3%+3.8%+4.6%+3.3%+7.2%
Profit before tax39.2332.8931.801.701.571.021.78
Net profit28.8433.5021.861.010.740.270.81
Net profit margin+12.0%+16.6%+16.0%+2.6%+2.1%+0.7%+2.5%
EPS (β‚Ή)6.107.087.170.860.620.221.11
Balance sheet
Total assets22715694.9248.8645.5741.1532.55
Net worth14411758.1026.0925.0324.6717.18
Total debt81.4738.0634.558.798.344.055.67
Cash & bank5.365.263.032.742.402.281.63
Net working capital16310344.9019.2522.3316.8920.40
Cash flow
Cash from operations(22.00)(19.90)11.283.37(5.90)--
Cash from investing(15.16)(3.75)17.80(1.99)2.67--
Cash from financing37.2625.87(27.25)(1.04)3.35--
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue48.9911746.3549.4927.4999.2337.3041.89
Revenue growth (YoY)+78.2%+18.3%+24.3%+18.1%+20.0%---
Other income0.070.150.090.120.081.260.450.11
EBITDA6.1528.987.485.882.7213.212.419.76
EBITDA margin+12.6%+24.7%+16.1%+11.9%+9.9%+13.3%+6.5%+23.3%
Depreciation0.790.600.340.320.330.510.230.23
Interest1.961.611.101.240.721.160.900.67
Profit before tax3.4726.926.134.441.7512.801.738.97
Tax0.3710.390.000.000.00(0.61)0.000.00
Net profit3.1016.536.134.441.7513.411.738.97
EPS (β‚Ή)0.663.521.290.940.372.960.372.03
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21FY 2019-20FY 2018-19
Income statement
Revenue23820113666.9337.9534.3213.82
Revenue growth+18.8%+47.2%+103.7%-+10.6%+148.3%-
EBITDA45.0936.993.12(27.95)0.180.010.25
EBITDA margin+18.9%+18.4%+2.3%-41.8%+0.5%+0.0%+1.8%
Profit before tax39.3634.3931.80(31.41)0.110.000.39
Net profit29.0735.0021.86(33.17)0.050.000.32
Net profit margin+12.2%+17.4%+16.0%-49.6%+0.1%0.0%+2.3%
EPS (β‚Ή)6.157.417.17(27.51)0.050.000.26
Balance sheet
Total assets23015994.9260.1632.0430.2229.70
Net worth14411858.10(1.08)25.0825.0225.02
Total debt81.3537.9534.5561.246.845.084.41
Cash & bank8.594.943.031.210.440.660.81
Net working capital17010544.8917.01(5.83)2.862.51
Cash flow
Cash from operations(22.02)(20.90)11.41(19.09)(1.90)(2.07)(0.03)
Cash from investing(11.61)(2.95)17.66(19.53)0.401.271.29
Cash from financing37.2725.77(27.25)36.471.270.66(0.80)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue48.6711646.0148.4727.4398.5937.3041.89
Revenue growth (YoY)+77.4%+18.1%+23.4%+15.7%+19.8%---
Other income0.070.200.070.140.081.240.450.11
Total expenses41.8288.4638.7841.9224.2584.5434.8932.13
EBITDA6.8528.017.236.553.1814.052.419.76
EBITDA margin+14.1%+24.0%+15.7%+13.5%+11.6%+14.3%+6.5%+23.3%
Depreciation0.790.600.340.320.330.500.230.23
Interest1.951.601.091.220.721.170.900.67
Profit before tax4.1826.015.875.152.2113.621.738.97
Tax0.5310.290.000.000.00(0.61)0.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue48.9911746.3549.4927.4999.2337.3041.89
Revenue growth (YoY)+78.2%+18.3%+24.3%+18.1%+20.0%---
Other income0.070.150.090.120.081.260.450.11
EBITDA6.1528.987.485.882.7213.212.419.76
EBITDA margin+12.6%+24.7%+16.1%+11.9%+9.9%+13.3%+6.5%+23.3%
Depreciation0.790.600.340.320.330.510.230.23
Interest1.961.611.101.240.721.160.900.67
Profit before tax3.4726.926.134.441.7512.801.738.97
Tax0.3710.390.000.000.00(0.61)0.000.00
Net profit3.1016.536.134.441.7513.411.738.97
EPS (β‚Ή)0.663.521.290.940.372.960.372.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Revenue24120113639.6634.8838.5731.93
Revenue growth+19.6%+47.6%-+13.7%-9.6%+20.8%-
Other income0.431.9032.441.791.291.170.68
Total expenses19616613338.1733.2637.2929.62
Employee cost25.0518.5418.361.131.531.461.73
EBITDA45.0635.473.121.491.621.282.31
EBITDA margin+18.7%+17.6%+2.3%+3.8%+4.6%+3.3%+7.2%
Depreciation1.591.180.930.550.540.720.63
Interest4.673.302.831.030.800.710.58
Profit before tax39.2332.8931.801.701.571.021.78
Tax10.39(0.61)0.070.220.360.660.49
Net profit28.8433.5021.861.010.740.270.81
Net profit margin+12.0%+16.6%+16.0%+2.6%+2.1%+0.7%+2.5%
EPS (β‚Ή)6.107.087.170.860.620.221.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Equity & liabilities
Share capital47.2647.2644.2612.0612.0612.067.24
Reserves & surplus96.5769.6913.8414.0312.9712.615.88
Shareholders' funds (net worth)14411758.1026.0925.0324.6717.18
Minority interest(2.26)(1.78)0.0012.7611.2411.539.66
Secured loans76.2527.9416.330.000.004.054.05
Unsecured loans5.2210.1218.228.798.340.001.62
Total debt81.4738.0634.558.798.344.055.67
Total liabilities22715694.9248.8645.5741.1532.55
Assets
Gross block62.7052.1250.3612.8910.479.857.26
Net block56.7447.7547.178.786.856.774.90
Capital work in progress2.101.410.801.082.471.053.32
Investments0.000.000.000.940.944.052.44
Inventories37.5637.7625.757.285.252.072.60
Sundry debtors13594.5244.4319.1028.8514.5913.90
Cash & bank balances5.365.263.032.742.402.281.63
Loans & advances39.979.328.111.233.092.028.05
Total current assets21814781.3230.3539.5920.9626.18
Total current liabilities54.2643.7236.4211.1017.264.075.78
Net working capital16310344.9019.2522.3316.8920.40
Total assets22715694.9248.8645.5741.1532.55
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Opening cash5.263.031.212.402.28--
Net cash from operating activities(22.00)(19.90)11.283.37(5.90)--
Net cash from investing activities(15.16)(3.75)17.80(1.99)2.67--
Net cash from financing activities37.2625.87(27.25)(1.04)3.35--
Net change in cash0.102.231.820.340.12--
Closing cash5.365.263.032.742.40--
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Growth
Sales growth+19.6%+47.6%-+13.7%-9.6%+20.8%-
EBITDA growth+27.0%+1036.9%--8.0%+26.6%-44.6%-
PBT growth+19.3%+3.4%+1770.6%+8.3%+53.9%-42.7%+9997.0%
Net income growth-13.9%+53.3%-+36.5%+174.1%-66.7%-
Revenue CAGR (3Y)+82.4%+79.4%+52.3%+7.5%---
EBITDA CAGR (3Y)+211.6%+179.8%+34.6%-13.6%---
Profitability & leverage
Net income margin+12.0%+16.6%+23.3%+3.7%+3.5%+0.9%+4.0%
Return on capital employed+22.7%+28.1%+24.8%+7.8%+7.5%+6.6%+10.3%
Return on net worth+22.1%+37.2%+34.8%+5.9%+4.9%+1.7%+7.5%
Debt / equity0.460.410.590.340.250.230.33
Long-term debt / equity0.080.150.260.000.000.040.09
Interest cover10.749.62129.22109.5774.07126.7934.52
Efficiency & per share
Fixed asset turnover4.193.932.713.403.434.514.40
Inventory turnover6.396.345.306.339.5316.5212.28
Debtors turnover2.102.903.071.651.612.712.30
EPS (β‚Ή)6.107.087.170.860.620.221.11
Dividend per share (β‚Ή)0.600.500.000.000.000.000.00
Book value per share (β‚Ή)30.4324.7513.1321.6420.7620.4618.11
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue48.6711646.0148.4727.4398.5937.3041.89
Revenue growth (YoY)+77.4%+18.1%+23.4%+15.7%+19.8%---
Other income0.070.200.070.140.081.240.450.11
Total expenses41.8288.4638.7841.9224.2584.5434.8932.13
EBITDA6.8528.017.236.553.1814.052.419.76
EBITDA margin+14.1%+24.0%+15.7%+13.5%+11.6%+14.3%+6.5%+23.3%
Depreciation0.790.600.340.320.330.500.230.23
Interest1.951.601.091.220.721.170.900.67
Profit before tax4.1826.015.875.152.2113.621.738.97
Tax0.5310.290.000.000.00(0.61)0.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21FY 2019-20FY 2018-19
Revenue23820113666.9337.9534.3213.82
Revenue growth+18.8%+47.2%+103.7%-+10.6%+148.3%-
Other income0.491.8832.440.430.430.500.64
Total expenses19316413394.8837.7734.3113.57
Employee cost23.5417.0418.368.830.060.060.14
EBITDA45.0936.993.12(27.95)0.180.010.25
EBITDA margin+18.9%+18.4%+2.3%-41.8%+0.5%+0.0%+1.8%
Depreciation1.591.180.930.770.020.020.01
Interest4.633.302.833.120.480.490.49
Profit before tax39.3634.3931.80(31.41)0.110.000.39
Tax10.29(0.61)0.071.760.030.000.07
Net profit29.0735.0021.86(33.17)0.050.000.32
Net profit margin+12.2%+17.4%+16.0%-49.6%+0.1%0.0%+2.3%
EPS (β‚Ή)6.157.417.17(27.51)0.050.000.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21FY 2019-20FY 2018-19
Equity & liabilities
Share capital47.2647.2644.2612.0612.0612.0612.06
Reserves & surplus97.1470.3513.84(13.14)13.0212.9612.96
Shareholders' funds (net worth)14411858.10(1.08)25.0825.0225.02
Secured loans76.2327.9416.3361.240.840.190.00
Unsecured loans5.1210.0118.220.006.004.894.41
Total debt81.3537.9534.5561.246.845.084.41
Total liabilities23015994.9260.1632.0430.2229.70
Assets
Gross block62.6952.1250.3621.860.100.190.16
Net block56.7347.7547.1719.600.050.040.02
Capital work in progress2.101.410.800.130.000.000.00
Investments0.140.120.000.0018.8018.8019.60
Inventories37.5337.6525.7520.920.000.010.62
Sundry debtors13695.6044.4317.5419.1320.856.13
Cash & bank balances8.594.943.031.210.440.660.81
Loans & advances33.4210.158.366.570.270.440.00
Total current assets21614881.5746.2419.8421.967.56
Total current liabilities45.7742.9336.6829.2325.6719.105.05
Net working capital17010544.8917.01(5.83)2.862.51
Total assets23015994.9260.1632.0430.2229.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21FY 2019-20FY 2018-19
Opening cash4.943.031.213.36(0.15)0.000.35
Net cash from operating activities(22.02)(20.90)11.41(19.09)(1.90)(2.07)(0.03)
Net cash from investing activities(11.61)(2.95)17.66(19.53)0.401.271.29
Net cash from financing activities37.2725.77(27.25)36.471.270.66(0.80)
Net change in cash3.651.921.82(2.15)(0.22)(0.15)0.46
Closing cash8.594.943.031.210.440.660.81
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2020-21FY 2019-20FY 2018-19
Growth
Sales growth+18.8%+47.2%+103.7%-+10.6%+148.3%-
EBITDA growth+21.9%+1085.6%+111.2%-+1700.0%-96.0%-
PBT growth+14.5%+8.1%+9998.0%-+9997.0%+9997.0%+116.7%
Net income growth-16.9%+60.1%+165.9%---100.0%-
Revenue CAGR (3Y)+52.7%+74.2%+58.4%+69.2%+60.4%+380.2%+192.9%
EBITDA CAGR (3Y)-+490.1%+578.2%---56.3%-3.7%
Profitability & leverage
Net income margin+12.2%+17.4%+23.3%-49.6%+0.2%0.0%+2.3%
Return on capital employed+22.6%+29.2%+31.0%-47.0%+1.7%+1.7%+3.0%
Return on net worth+22.2%+38.8%+70.8%+3071.3%+0.1%+0.0%+1.3%
Debt / equity0.460.411.680.000.240.190.17
Long-term debt / equity0.080.151.120.000.020.000.00
Interest cover10.649.22129.22-10.86300.00-4,900.00204.17
Efficiency & per share
Fixed asset turnover4.153.923.783.06261.72196.1189.16
Inventory turnover6.346.335.843.207,590.00108.9531.41
Debtors turnover2.062.874.403.821.902.541.79
EPS (β‚Ή)6.157.417.17(27.51)0.050.000.26
Dividend per share (β‚Ή)0.600.500.000.000.000.000.00
Book value per share (β‚Ή)30.5524.8913.13(0.90)20.8020.7520.75

Timeline of Axis Solutions

2 dated milestones of Axis Solutions across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Axis Solutions is founded.
  2. Funding First funding round of $41K.

Web traffic of Axis Solutions

The website of Axis Solutions (axisindia.in) receives about 10.3K visits a month.

  • Monthly visits
    10.3K

    ▲ 16.2% vs previous month

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Frequently Asked Questions about Axis Solutions

Axis Solutions was founded in 1999 and raised its 1st funding round 10 years after it was founded.

Axis Solutions is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

The primary company behind Axis Solutions, Axis Solutions Limited, reported revenue of β‚Ή241 Cr for FY 2026, up 20% year on year.

Axis Solutions was established in 1999 in Ahmedabad, India. Manufacturing operations focus on equipment for the oil and gas sector. Various tools and machinery are produced to support energy industry needs. The company is headquartered in India, with activities centered on equipment fabrication for upstream and downstream applications. Leadership is provided by founder Bijal Sanghvi.

Axis Solutions offers Analytical Systems and Automation Products.

Yes, Axis Solutions is publicly traded on BSE under the ticker symbol AXISOL.

Axis Solutions has 1 investor. Key investors include Gujarat Telelink.

The valuation of Axis Solutions is $61.32K as of Jul 2009.

Axis Solutions operates through Axis Solutions Limited.

The legal entities of Axis Solutions currently have 9 directors, including Anand Shah, Purvi Sanghvi, Nirali Parth Shah and others.

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