Kap Axles Private Limited

Kap Axles Private Limited - musical instruments in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U34300MH1982PTC026813 Incorporated 31 March 1982 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company musical instruments MSME · Micro
Data last updated
Revenue · FY 2021
₹21.56 Lakh
▼ 68% YoY
Net loss · FY 2021
₹31.87 Lakh
Net margin -147.8%
EBITDA · FY 2021
-₹27.1 Lakh
EBITDA margin -125.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹46.1 Lakh
Issued & subscribed
Satisfied charges
₹2.81 Cr
No open charges
Company age
44 yrs
Est. 1982
Employees · EPFO
3
Provident fund records

About Kap Axles Private Limited

Data last updated:

Kap Axles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 31 March 1982 and has been in existence for over 44 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH1982PTC026813. Its GSTIN is 24AAACK0418P1ZL (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46.1 Lakh. It is led by directors Sheel Ashok Kothari and Ashok Anupchand Kothari.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2021, the company reported a revenue of ₹21.56 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹31.87 Lakh (net margin -147.8%) and EBITDA of -₹27.1 Lakh (EBITDA margin -125.7%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 39% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹2.81 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.

Kap Axles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0004417). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U34300MH1982PTC026813
Registration Number 026813
Incorporation Date 31 March 1982
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-23-0004417
Key People
Sheel Ashok Kothari Director Ashok Anupchand Kothari Director

Recognitions & Rankings of Kap Axles

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-23-0004417

Contact details

Kap Axles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2 Ground Floor Plot No – 203A 161 Shree Ram Darshan Laxmibai Kelkar Marg, Sion East, Mumbai, Maharashtra, India – 400022
  • Industry
    Musical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods

To see the full contact details of Kap Axles Private Limited, buy the company report.

Comprehensive company report
Kap Axles Private 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
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Business activity

The main business activity of Kap Axles 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 Kap Axles Private Limited, buy the company report.

Financials of Kap Axles Private Limited

FY 2025 filings available

Kap Axles Private Limited reported revenue of ₹21.56 Lakh (down 68% YoY) for FY 2021.

Revenue · FY 2021
₹21.56 Lakh ▼ 68%
Net loss · FY 2021
₹31.87 Lakh margin -147.8%
EBITDA · FY 2021
-₹27.1 Lakh margin -125.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 56%
5 years · compounded
▼ 39%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 12%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 68% fall in the latest year. EBITDA rose 57% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹27.1 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹31.87 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-125.7%
Net Profit Margin-147.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Kap Axles Private Limited, buy the company report.

Board of directors of Kap Axles Private Limited

Kap Axles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sheel Ashok Kothari
Also directs: Gujarat Axles and Forgings Private Limited
Director19 Aug 20179 Years 2 MonthsCurrent
Ashok Anupchand Kothari
Also directs: Gujarat Axles and Forgings Private Limited
Director02 May 198343 Years 6 MonthsCurrent
View all directors

Peer comparison

Kap Axles Private 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
BR Adhesive Private Limited₹21.66 Lakh (FY 2023)-3.0%Gurugram, Haryana, India
Meghal Impex Private Limited₹21.61 Lakh (FY 2024)2.0%Gandhinagar, Gujarat, India
Exigen Energy Private Limited₹21.61 Lakh (FY 2025)-85.0%Thrissur, Kerala, India
J S Fabricators Private Limited₹21.59 Lakh (FY 2025)-47.0%Uttar Pradesh, India
Kap Axles Private Limitedthis company₹21.56 Lakh (FY 2021)-₹31.87 Lakh-147.8%-68.0%3Mumbai, Maharashtra, India
Terminate Fire Safety Solution Private Limited₹21.54 Lakh (FY 2024)14.0%Ahmednagar, Maharashtra, India
Ba Varma Cosmetic Trading Private Limited₹21.51 Lakh (FY 2024)971.0%Hyderabad, Telangana, India
Marwar Marbles Private Limited₹21.51 Lakh (FY 2024)-39.0%Chittorgarh, Rajasthan, India
Delta H Technology Solutions Private Limited₹21.45 Lakh (FY 2025)1027.0%Ahmedabad, Gujarat, India
Makenbreak Spiele Private Limited₹21.42 Lakh (FY 2024)-36.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Kap Axles Private Limited, buy the company report.

Auditor

Kap Axles Private Limited is audited by D. N. PATEL & CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
D. N. PATEL & CO.FY 2017034851

Shareholding

The shareholding of Kap Axles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kap Axles Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.81 Cr
Breakdown by lending institutions
State Bank of India₹2.11 Cr
Gujarat Industrial Investment Corpn. Ltd₹0.55 Cr
Indian Overseas Bank₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Aug 199390214489State Bank of India₹1.04 CrSatisfied
14 Sep 198890211822State Bank of India₹36.7 LakhSatisfied
14 Sep 198890214351State Bank of India₹36.7 LakhSatisfied
29 Jul 198890211806State Bank of India₹17 LakhSatisfied
29 Jul 198890214345State Bank of India₹17 LakhSatisfied

To see the full charge records of Kap Axles Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Kap Axles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Kap Axles Private Limited has a workforce of 3 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-25%

GST

Kap Axles has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAACK0418P1ZLGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Kap Axles Private Limited, buy the company report.

Recent activity

Kap Axles Private Limited has 5 board changes on record since 1983: 2 appointments and 3 cessations. The latest: Mansukhlal Virjibhai Bakhada ceased to be Director on 03 Feb 2018.

AGM
Kap Axles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kap Axles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Mansukhlal Virjibhai Bakhada ceased to be Director.
Ceased
Sheel Ashok Kothari ceased to be Additional Director.
Appointed
Sheel Ashok Kothari was appointed as Director.
Ceased
Anupchand Jesukhlal Kothari ceased to be Director.
Charges
A charge registered on 16 Aug 1993 via Charge ID 90214489 with State Bank Of India was fully satisfied on 30 Dec 2011.
Charges
A charge registered on 14 Sep 1988 via Charge ID 90214351 with State Bank Of India was fully satisfied on 30 Dec 2011.
Charges
A charge registered on 14 Sep 1988 via Charge ID 90211822 with State Bank Of India was fully satisfied on 30 Dec 2011.
Charges
A charge registered on 29 Jul 1988 via Charge ID 90214345 with State Bank Of India was fully satisfied on 30 Dec 2011.
Charges
A charge registered on 29 Jul 1988 via Charge ID 90211806 with State Bank Of India was fully satisfied on 30 Dec 2011.
Charges
A charge with State Bank Of India of Rs. 17.00 Lakh registered on 29 Jul 1988 with Charge ID 90211806 was modified on 29 Jul 1997.

15 earlier events are in the company report.

Frequently asked questions

Kap Axles is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 31 March 1982 (44+ years old) and is registered under CIN U34300MH1982PTC026813.

Kap Axles has 2 current directors:

The latest financial statements of Kap Axles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Kap Axles is 24AAACK0418P1ZL, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Kap Axles is U34300MH1982PTC026813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kap Axles has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.

Kap Axles was incorporated on 31 March 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Kap Axles by revenue are BR Adhesive Private Limited, Meghal Impex Private Limited, Exigen Energy Private Limited, J S Fabricators Private Limited, Terminate Fire Safety Solution Private Limited and 4 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Mansukhlal Virjibhai Bakhada ceased to be Director on 03 Feb 2018. Sheel Ashok Kothari ceased to be Additional Director on 30 Sep 2017. Sheel Ashok Kothari was appointed as Director on 19 Aug 2017. Kap Axles has 5 board changes on record in total.

Yes, Kap Axles is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-23-0004417).

The registered office of Kap Axles is at 2 Ground Floor Plot No – 203A 161 Shree Ram Darshan Laxmibai Kelkar Marg, Sion East, Mumbai, Maharashtra, India – 400022.