MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0046029
Axis Trustee Services Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹77.45 Cr
▲ 27% YoY
Net profit · FY 2026
₹38.12 Cr
Net margin 49.2%
EBITDA · FY 2026
₹45.73 Cr
EBITDA margin 59%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
86
Provident fund records
Directors on board
5
As per MCA filings
About Axis Trustee Services Limited
Data last updated:
Axis Trustee Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Axis Bank Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 16 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PLC182264. Its GSTIN is 27AAHCA3172B1Z2 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Arun Mehta and Prashant Ramrao Joshi.
Its last annual general meeting (AGM) was held on 22 July 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 2026, the company reported a revenue of ₹77.45 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹38.12 Cr (net margin 49.2%) and EBITDA of ₹45.73 Cr (EBITDA margin 59%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 16% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Axis Trustee Services. Court records list 314 cases involving the company, including 115 filed by the company and 200 filed against it; 93 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in December 2008. Its 4 peer companies in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities) are compared by revenue, 1 larger and 3 smaller; the largest is Paft Inclusive Financial Services Private Limited with revenue of ₹61.26 Cr.
Axis Trustee Services Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0046029). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axistrustee.com.
Company details
CIN U74999MH2008PLC182264
Registration Number 182264
Incorporation Date 16 May 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Axis Bank Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0046029
Recognitions & Rankings of Axis Trustee Services
Contact details
Axis Trustee Services Limited's registered office is in Mumbai, Maharashtra. Its website is axistrustee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAxis House P B Marg, Worli, Mumbai, Maharashtra, India – 400025
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Axis Trustee Services Limited, buy the company report.
Comprehensive company report
Axis Trustee Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Axis Trustee Services operates one associated brand: Axis Trustee Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Loan and syndicated credit services are provided by the firm. | axistrustee.in |
Business activity
The main business activity of Axis Trustee Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Axis Trustee Services Limited, buy the company report.
Financials of Axis Trustee Services Limited
FY 2025 filings availableAxis Trustee Services Limited reported revenue of ₹77.45 Cr (up 27% YoY) for FY 2026.
Revenue · FY 2026
₹77.45 Cr ▲ 27%
Net profit · FY 2026
₹38.12 Cr margin 49.2%
EBITDA · FY 2026
₹45.73 Cr margin 59%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 13%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 11%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 27% growth in the latest year. EBITDA rose 45% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹45.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.12 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59% | ||||
| Net Profit Margin | 49.2% | ||||
| 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 Axis Trustee Services Limited, buy the company report.
Board of directors of Axis Trustee Services Limited
Axis Trustee Services has 5 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Mehta | Director | 03 May 2024 | 2 Years 5 Months | Current |
| Prashant Ramrao Joshi | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Parmod Nagpal Also directs: Abans Financial Services Limited, 360 One Asset Trustee Limited | Director | 03 May 2024 | 2 Years 5 Months | Current |
| Bipin Saraf Kumar Also directs: CSC E-Governance Services India Limited | Director | 11 Apr 2025 | 1 Years 6 Months | Current |
| Rahul Ranjan Choudhary Also directs: Tai - Trustees Association of India | Additional Director | 06 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Axis Trustee Services Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axis Trustee Services Limitedthis company | ₹77.45 Cr (FY 2026) | ₹38.12 Cr | 49.2% | 27.0% | 86 | Mumbai, Maharashtra, India |
| Paft Inclusive Financial Services Private Limited | ₹61.26 Cr (FY 2025) | 21.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Pragati Finserv Private Limited | ₹60.45 Cr (FY 2025) | -43.0% | Hyderabad, Telangana, India | |||
| Arvutam Enterprises Private Limited | ₹60.11 Cr (FY 2022) | -84.0% | Mumbai, Maharashtra, India | |||
| Piramal International Consultants Private Limited | ₹60.08 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Axis Trustee Services Limited, buy the company report.
Auditor
Axis Trustee Services Limited is audited by S.R.Batliboi & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.Batliboi & Co. LLP | FY 2024 | 301003E/E300005 |
Shareholding
The shareholding of Axis Trustee Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Axis Trustee Services Limited, buy the company report.
Deals & funding
Axis Trustee Services Limited has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in December 2008.
Total deals
1
Funding round
1
Disclosed funding
₹50 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2008 | Funding round | ₹50 Lakh | Investors: Axis Bank Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Axis Trustee Services Limited has 314 court cases on record: 115 filed by Axis Trustee Services, 200 filed against it. 93 cases are pending and 221 are disposed.
Total cases
314
Filed by the company
115
Filed against the company
200
Pending
93
Disposed
221
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 156 | 94 | 40 |
| NCLAT | 78 | 68 | 40 |
| NCLT | 38 | 12 | 1 |
| District courts | 29 | 13 | 7 |
| Supreme Court | 13 | 13 | 5 |
Cases on record (5 of 314)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2501-Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016) | Filed against the company by Affle 3I Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Affle 3I Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by MGM Consulting Services Private Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Aubergine Properties Private Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Phoenix Arc Pvt. Ltd | Pending |
To see the full case history of Axis Trustee Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Axis Trustee Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Axis Trustee Services Limited has a workforce of 86 employees on its EPFO records as of May 21, 2025, across 1 active EPFO establishment.
Employee count
86
Active EPFO establishments
1
Employee growth
16.22%
GST
Axis Trustee Services has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA3172B1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 27AAHCA3172B2Z1 | Maharashtra | Active | 01 Mar 2025 |
| 07AAHCA3172B1Z4 | Delhi | Active | 22 Jul 2017 |
| 24AAHCA3172B1Z8 | Gujarat | Active | 10 Mar 2019 |
To see the full GST registrations and return filing status of Axis Trustee Services Limited, buy the company report.
Recent activity
Axis Trustee Services Limited has 25 board changes on record since 2011: 5 appointments and 20 cessations. The latest: Bipin Saraf Kumar ceased to be Additional Director on 21 Jul 2025.
AGM
Axis Trustee Services Limited last Annual general meeting of members was held on 22 Jul 2025 as per latest MCA records.
Ceased
Bipin Saraf Kumar ceased to be Additional Director.
Appointed
Bipin Saraf Kumar was appointed as Director.
Filing
Axis Trustee Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Rahul Ranjan Choudhary was appointed as Additional Director.
Ceased
Arun Mehta ceased to be Additional Director.
Ceased
Parmod Nagpal ceased to be Additional Director.
Ceased
Prashant Ramrao Joshi ceased to be Additional Director.
Ceased
Sumit Bali ceased to be Additional Director.
Appointed
Arun Mehta was appointed as Director.
Appointed
Parmod Nagpal was appointed as Director.
Appointed
Prashant Ramrao Joshi was appointed as Director.
16 earlier events are in the company report.
News
Frequently asked questions
Axis Trustee Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 16 May 2008 (18+ years old) and is registered under CIN U74999MH2008PLC182264.
Axis Trustee Services has 5 current directors:
- Arun Mehta - Director
- Prashant Ramrao Joshi - Director
- Parmod Nagpal - Director
- Bipin Saraf Kumar - Director
- Rahul Ranjan Choudhary - Additional Director
The latest financial statements of Axis Trustee Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Axis Trustee Services is 27AAHCA3172B1Z2, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAHCA3172B2Z1 (Maharashtra), 07AAHCA3172B1Z4 (Delhi), 24AAHCA3172B1Z8 (Gujarat).
The CIN (Corporate Identification Number) of Axis Trustee Services is U74999MH2008PLC182264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axis Trustee Services has 314 court cases on record: 115 filed by the company and 200 filed against it. 93 are pending. Most are in the high courts.
Axis Trustee Services was incorporated on 16 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Axis Trustee Services has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in December 2008.
The peers of Axis Trustee Services by revenue are Paft Inclusive Financial Services Private Limited, Pragati Finserv Private Limited, Arvutam Enterprises Private Limited, Piramal International Consultants Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Bipin Saraf Kumar ceased to be Additional Director on 21 Jul 2025. Bipin Saraf Kumar was appointed as Director on 11 Apr 2025. Rahul Ranjan Choudhary was appointed as Additional Director on 06 Feb 2025. Axis Trustee Services has 25 board changes on record in total.
Yes, Axis Trustee Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0046029).