About
Axtel Industries Limited manufactures, supplies, and sells process engineering equipment and turnkey systems for food processing and pharmaceutical industries in India and internationally. The company provides solids handling equipment, such as sack tip stations, bulk loaders, belt conveyors, cyclones, reverse jet filters, screw feeders with valve, metering screw feeders, magnets, dual tunnel diverter valves, blowers, idler roller conveyors, Z-bucket elevators, dump booth, and octabin and tote tilters. It also offers storage and discharge equipment comprising bag handling systems, storage tanks, intermediate bulk containers, rotary vane valves, table feeders, bin activators, pneumatic knife gate and butterfly valves, cone discharge, bagging stations, liquified injection pressure tanks, and storage bins. In addition, the company provides sieving and straining and grading equipment, including rotary and gyratory sifters, inline rotary and gyratory sifters, graders, screeners, destoners, zig zag classifiers, chocolate vibrosieve, and vacuum gravity separators; and size reduction equipment consists of hammer and universal mills, nibblers, lump breakers, cone and knife mills, shredders, and roller mills. Further, it offers mixing and blending process equipment, such as vertical single and twin shaft mixers, paste mixers, horizontal round and U-trough mixers, liquifiers, intensive mixers, and double cone blenders. Additionally, the company provides specialized process equipment, including steam sterilizers, molding line cooling tunnels, curved and dryer conveyors, chocolate depositors, temperors, thermoregulation units, extruders, cryogenic mixers, khoa making machines, dewatering screw presses, vacuum cabinet and band dryers, scraped surface heat exchangers, IBC/big bag filling machines, horizontal wiped film evaporators, shell and tube heat exchangers, steaming tunnels, and dough kneaders. Axtel Industries Limited was incorporated in 1991 and is based in Halol, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 32.31 | 70.57 | 58.63 | 67.34 | 27.22 | 37.61 | 40.41 | 55.84 | 44.70 | 52.16 | 53.79 | 69.47 | 47.91 |
| Expenses | 29.78 | 55.40 | 47.81 | 54.16 | 25.70 | 33.09 | 35.45 | 46.96 | 39.22 | 44.44 | 41.11 | 52.86 | 40.87 |
| Operating Profit | 2.53 | 15.17 | 10.82 | 13.18 | 1.52 | 4.52 | 4.96 | 8.88 | 5.48 | 7.72 | 12.68 | 16.61 | 7.04 |
| OPM % | 7.83 | 21.50 | 18.45 | 19.57 | 5.58 | 12.02 | 12.27 | 15.90 | 12.26 | 14.80 | 23.57 | 23.91 | 14.69 |
| Other Income | 1.23 | 1.02 | 1.44 | 1.63 | 1.84 | 1.37 | 1.07 | 1.31 | 0.91 | 0.60 | 0.75 | 1.09 | 0.75 |
| Depreciation | 1.11 | 1.28 | 1.35 | 1.21 | 1.12 | 1.12 | 0.97 | 0.92 | 0.87 | 0.98 | 0.77 | 0.53 | 0.47 |
| Interest | 0.10 | 0.11 | 0.09 | -0.02 | 0.07 | 0.28 | 0.10 | 0.12 | 0.18 | 0.40 | 0.49 | 0.42 | 0.31 |
| Profit before tax | 2.55 | 14.80 | 10.82 | 13.62 | 2.17 | 4.49 | 4.96 | 9.15 | 5.34 | 6.94 | 12.17 | 16.75 | 7.01 |
| Tax % | 23.14 | 24.53 | 26.34 | 25.70 | 12.44 | -6.01 | 34.27 | 35.52 | 23.03 | 23.34 | 21.20 | 28.90 | 23.97 |
| Net Profit | 1.96 | 11.16 | 7.98 | 10.12 | 1.90 | 4.76 | 3.26 | 5.90 | 4.11 | 5.31 | 9.58 | 11.92 | 5.32 |
| EPS in Rs | 1.21 | 6.91 | 4.94 | 6.26 | 1.18 | 2.95 | 2.02 | 3.65 | 2.54 | 3.29 | 5.93 | 7.38 | 3.29 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 224.00 | 179.00 | 223.00 | 180.00 | 144.00 | 153.00 | 100.00 | 111.00 | 82.00 | 76.00 | 67.00 | 39.00 |
| Expenses | 183.00 | 155.00 | 179.00 | 157.00 | 127.00 | 124.00 | 85.00 | 91.00 | 71.00 | 65.00 | 57.00 | 42.00 |
| Operating Profit | 41.00 | 24.00 | 44.00 | 23.00 | 17.00 | 29.00 | 14.00 | 20.00 | 10.00 | 11.00 | 10.00 | -2.00 |
| OPM % | 18.00 | 13.00 | 20.00 | 13.00 | 12.00 | 19.00 | 14.00 | 18.00 | 12.00 | 14.00 | 15.00 | -6.00 |
| Other Income | 6.00 | 5.00 | 3.00 | 4.00 | 5.00 | 3.00 | 4.00 | 2.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Interest | 0.00 | 1.00 | 2.00 | 1.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 2.00 |
| Depreciation | 5.00 | 4.00 | 3.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 3.00 | 3.00 | 4.00 |
| Profit before tax | 41.00 | 24.00 | 43.00 | 23.00 | 19.00 | 29.00 | 15.00 | 18.00 | 8.00 | 8.00 | 6.00 | -8.00 |
| Tax % | 25.00 | 25.00 | 25.00 | 25.00 | 26.00 | 26.00 | 27.00 | 29.00 | 25.00 | 18.00 | 16.00 | -4.00 |
| Net Profit | 31.00 | 18.00 | 32.00 | 17.00 | 14.00 | 21.00 | 11.00 | 13.00 | 6.00 | 7.00 | 5.00 | -8.00 |
| EPS in Rs | 19.29 | 11.16 | 19.89 | 10.71 | 8.56 | 13.18 | 6.74 | 8.02 | 3.67 | 4.23 | 2.97 | -4.67 |
| Dividend Payout % | 62.00 | 99.00 | 30.00 | 28.00 | 23.00 | 46.00 | 37.00 | 19.00 | 41.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
| Reserves | 108.00 | 106.00 | 97.00 | 80.00 | 65.00 | 55.00 | 39.00 | 36.00 | 27.00 | 21.00 | 14.00 | 10.00 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 8.00 | 1.00 | 4.00 | 5.00 | 10.00 | 12.00 |
| Other Liabilities | 91.00 | 66.00 | 83.00 | 83.00 | 50.00 | 36.00 | 40.00 | 31.00 | 36.00 | 23.00 | 21.00 | 31.00 |
| Total Liabilities | 216.00 | 189.00 | 196.00 | 179.00 | 131.00 | 108.00 | 103.00 | 84.00 | 83.00 | 64.00 | 61.00 | 69.00 |
| Fixed Assets | 31.00 | 28.00 | 25.00 | 13.00 | 14.00 | 16.00 | 16.00 | 16.00 | 17.00 | 17.00 | 19.00 | 21.00 |
| CWIP | 0.00 | 1.00 | 0.00 | 5.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 81.00 | 57.00 | 35.00 | 34.00 | 18.00 | 34.00 | 26.00 | 15.00 | 14.00 | 4.00 | 0.00 | 0.00 |
| Other Assets | 103.00 | 103.00 | 135.00 | 127.00 | 98.00 | 59.00 | 60.00 | 53.00 | 52.00 | 44.00 | 43.00 | 47.00 |
| Total Assets | 216.00 | 189.00 | 196.00 | 179.00 | 131.00 | 108.00 | 103.00 | 84.00 | 83.00 | 64.00 | 61.00 | 69.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 71.00 | 31.00 | 39.00 | 30.00 | -11.00 | 25.00 | 12.00 | 9.00 | 12.00 | 15.00 | -1.00 | 7.00 |
| Cash from Investing Activity | -28.00 | -25.00 | -9.00 | -20.00 | 14.00 | -8.00 | -11.00 | -2.00 | -13.00 | -4.00 | -1.00 | -1.00 |
| Cash from Financing Activity | -29.00 | -9.00 | -16.00 | -5.00 | -5.00 | -13.00 | -2.00 | -6.00 | -1.00 | -6.00 | -4.00 | -1.00 |
| Net Cash Flow | 14.00 | -3.00 | 13.00 | 5.00 | -2.00 | 4.00 | -1.00 | 1.00 | -3.00 | 5.00 | -5.00 | 5.00 |
| Free Cash Flow | 63.00 | 24.00 | 28.00 | 25.00 | -13.00 | 23.00 | 9.00 | 7.00 | 9.00 | 14.00 | -2.00 | 6.00 |
| CFO/OP % | 197.00 | 156.00 | 33.00 | 157.00 | -36.00 | 111.00 | 112.00 | 73.00 | 137.00 | 157.00 | -3.00 | -277.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74.00 | 67.00 | 81.00 | 125.00 | 116.00 | 48.00 | 43.00 | 64.00 | 90.00 | 86.00 | 99.00 | 121.00 |
| Inventory Days | 128.00 | 155.00 | 177.00 | 172.00 | 175.00 | 101.00 | 235.00 | 146.00 | 161.00 | 123.00 | 158.00 | 327.00 |
| Days Payable | 125.00 | 101.00 | 111.00 | 153.00 | 148.00 | 86.00 | 132.00 | 93.00 | 172.00 | 116.00 | 97.00 | 233.00 |
| Cash Conversion Cycle | 76.00 | 121.00 | 147.00 | 143.00 | 143.00 | 62.00 | 147.00 | 117.00 | 78.00 | 93.00 | 160.00 | 216.00 |
| Working Capital Days | -7.00 | 26.00 | 40.00 | 62.00 | 105.00 | 33.00 | 28.00 | 51.00 | 32.00 | 43.00 | 70.00 | 30.00 |
| ROCE % | 30.00 | 20.00 | 41.00 | 26.00 | 22.00 | 43.00 | 27.00 | 39.00 | 19.00 | 22.00 | 18.00 | -14.00 |
Corporate Actions
11 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 09 Mar 2026 | 09 Mar 2026 | — | 12.00 | |
| Dividend | 12 Aug 2025 | 12 Aug 2025 | — | 6.00 | |
| Dividend | 20 Mar 2025 | 20 Mar 2025 | — | 5.00 | |
| Dividend | 20 Mar 2024 | 20 Mar 2024 | — | 6.00 | |
| Dividend | 03 Jul 2023 | — | — | 3.00 | |
| Dividend | 21 Sep 2022 | 22 Sep 2022 | — | 2.00 | |
| Dividend | 07 Sep 2021 | 08 Sep 2021 | — | 3.00 | |
| Dividend | 20 Nov 2020 | 23 Nov 2020 | — | 3.00 | |
| Dividend | 12 Mar 2020 | 13 Mar 2020 | — | 2.50 | |
| Dividend | 16 Sep 2019 | — | — | 1.50 | |
| Dividend | 17 Sep 2018 | — | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update5 Feb from care
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Rating update10 Feb 2025 from care
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Rating update5 Jan 2024 from care
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Rating update23 Feb 2023 from care
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Rating update4 Feb 2022 from care
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Rating update20 Jan 2021 from care