Axtel Industries
- Market cap
- ₹ 652 Cr.
- P/E
- 20.9x
- P/B
- 5.27x
- 52-week range
- 385 – 459.9
- ROE
- 21%
- ROCE
- 30%
- Dividend yield
- 3%
- Debt / equity
- 0
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Axtel Industries Limited is engaged in the manufacture of custom designed food processing plants and machineries as per the requirements/specifications of its various clients. It is a supplier of process engineering equipment and turnkey systems to the food and pharmaceutical industries meeting the design and specifications of its clients. Its process system offers a range of solutions, which includes solutions for chocolates and confectionery, ingredients management systems, size reduction systems, sieving systems, mixing systems, spice processing systems, steam sterilization systems and customized processing solutions. Its process equipment solutions include solids handling, storage and discharge, sieving and straining/cleaning and grading, size reduction system, mixing and blending, and specialized process equipment. It offers a wide range of processing solutions for making chocolates and confectionery, right from chocolate paste mixers to molding lines and cooling tunnels.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Axtel Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)20.9 against a typical 29.6: cheaper than most peers (1st = cheapest).63rd of 184
- Sales growth+18.7% against a typical +20.3% from a year earlier.78th of 147
- Profit growth+3.2% against a typical +9.4% from a year earlier.70th of 121
- Size₹ 652.4 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).62nd of 176
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A- / CARE A2+ | Stable | 5 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 5 Feb 2026 | Reaffirmed | CARE A- / CARE A2+ | — | CARE | ₹ 50 Cr. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 69 | 54 | 52 | 45 | 56 | 40 | 38 | 27 | 67 | 59 | 71 | 32 |
| Expenses | 53 | 41 | 44 | 39 | 47 | 35 | 33 | 26 | 54 | 48 | 55 | 30 |
| Operating Profit | 17 | 13 | 8 | 5 | 9 | 5 | 5 | 2 | 13 | 11 | 15 | 3 |
| OPM % | 23.9% | 23.6% | 14.8% | 12.3% | 15.9% | 12.3% | 12% | 5.6% | 19.6% | 18.5% | 21.5% | 7.8% |
| Other Income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 17 | 12 | 7 | 5 | 9 | 5 | 4 | 2 | 14 | 11 | 15 | 3 |
| Tax % | 28.9% | 21.2% | 23.3% | 23% | 35.5% | 34.3% | −6% | 12.4% | 25.7% | 26.3% | 24.5% | 23.1% |
| Net Profit | 12 | 10 | 5 | 4 | 6 | 3 | 5 | 2 | 10 | 8 | 11 | 2 |
| EPS in Rs | 7.38 | 5.93 | 3.29 | 2.54 | 3.65 | 2.02 | 2.95 | 1.18 | 6.26 | 4.94 | 6.91 | 1.21 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 13%
- 5 Years
- 8%
- 3 Years
- 8%
- TTM
- 42%
- 10 Years
- 18%
- 5 Years
- 4%
- 3 Years
- 15%
- TTM
- 97%
- 10 Years
- 25%
- 5 Years
- 6%
- 3 Years
- 0%
- TTM
- —
- 10 Years
- 21%
- 5 Years
- 20%
- 3 Years
- 21%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Axtel Industries | ₹ 409.70 | ₹ 652 Cr. | 20.9x | 5.3x | 21% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 22.8x | 7.5x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
Management
- Rajendra K. Bhavsar
- Chief Financial Officer
- Ajay Naishad Desai
- Executive Director
- Ajay Nalin Parikh
- Executive Director
- Dhara Thakar
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.