Axtel Industries Ltd.

BSE: AXTEL523850ISIN INE767C01012

Industrials
Industrial Products

Share price

₹394.80+3.70 (+0.95%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹527.90
52W low: ₹335.00
Off 52W high: -25.21%
1M return: -9.23%
3M return: -16.16%
6M return: -14.42%
1Y return: -15.54%
20D avg volume: 774
50 DMA: ₹417.61
200 DMA: ₹423.59

Key ratios Standalone

Market cap: ₹637.79 Cr
Current price: ₹394.80
52W high / low: ₹527.90 / ₹335.00
Face value: ₹10.00
P/E: 25.70
P/B: 5.20
EPS (TTM): ₹15.36
Book value / share: ₹75.92
ROE: 20.23%
ROCE: 32.00%
Operating margin: 14.32%
Net margin: 8.34%
Debt / equity: 0.00
Net debt: ₹-16.47 Cr
Interest cover: 166.60
Dividend yield: 3.04%
Dividend / share (TTM): ₹12.00
Payout: 78.12%
Cash conversion cycle: 74.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	44.64	32.31	70.57	58.63	67.34	27.22	37.61	40.41	55.84	44.70	52.16	53.80
	1.38	1.23	1.02	1.44	1.63	1.84	1.37	1.07	1.31	0.91	0.60	0.75
	46.01	33.54	71.60	60.07	68.97	29.07	38.98	41.48	57.15	45.61	52.76	54.55
	41.03	31.00	56.80	49.24	55.35	26.90	34.49	36.52	48.01	40.27	45.83	42.38
	24.29	17.10	26.66	22.85	27.84	14.60	17.43	16.19	22.48	20.99	24.30	29.10
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	11.94	10.72	11.80	11.14	10.60	9.52	9.76	10.37	10.87	9.42	10.21	9.74
	0.24	0.10	0.11	0.09	0.02	0.07	0.28	0.10	0.12	0.18	0.40	0.49
	1.17	1.11	1.28	1.35	1.21	1.12	1.12	0.97	0.92	0.87	0.98	0.77
	8.51	7.34	14.22	10.84	12.59	7.53	6.02	6.88	6.08	7.50	8.97	8.29
	4.98	2.55	14.79	10.83	13.62	2.17	4.49	4.96	9.14	5.34	6.93	12.17
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	4.98	2.55	14.79	10.83	13.62	2.17	4.49	4.96	9.14	5.34	6.93	12.17
	1.26	0.59	3.63	2.85	3.50	0.27	0.27	1.70	3.25	1.23	1.62	2.59
	3.72	1.96	11.16	7.98	10.12	1.90	4.76	3.26	5.90	4.11	5.31	9.58
	2.30	1.21	6.91	4.94	6.26	1.17	2.95	2.02	3.65	2.54	3.29	5.93
Key metrics
	6.39	3.76	16.18	12.27	14.85	3.36	5.89	6.03	10.18	6.39	8.31	13.43
	14.30%	11.60%	22.90%	20.90%	22.10%	12.30%	15.70%	14.90%	18.20%	14.30%	15.90%	25.00%
	8.30%	6.10%	15.80%	13.60%	15.00%	7.00%	12.70%	8.10%	10.60%	9.20%	10.20%	17.80%
	3.80%	—	11.40%	—	10.60%	—	3.80%	—	—	—	—	—
	-33.70%	18.70%	87.60%	45.10%	20.60%	-39.10%	-27.90%	-24.90%	—	—	—	—
	-63.20%	3.20%	134.50%	144.80%	71.50%	-53.80%	-10.40%	-66.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	206.15	223.77	178.56	223.33	180.15	143.99
	5.07	5.93	4.67	3.19	3.67	3.14
	211.22	229.70	183.22	226.53	183.82	147.12
	178.07	188.29	159.29	183.67	160.86	130.27
	90.90	91.94	77.09	113.51	102.71	79.91
	0.00	0.00	0.00	—	—	—
	45.60	43.06	40.41	38.22	32.28	29.27
	0.54	0.25	0.68	1.62	1.09	0.48
	4.91	4.97	3.88	2.76	2.41	2.84
	40.91	45.17	26.48	33.54	29.40	21.38
	33.15	41.40	23.93	42.86	22.96	16.85
	0.00	0.00	0.00	—	—	1.97
	33.15	41.40	23.93	42.86	22.96	18.82
	8.33	10.24	5.91	10.73	5.65	4.99
	24.82	31.16	18.03	32.13	17.30	13.83
	15.36	19.29	11.16	19.89	10.71	8.56
Key metrics
	38.60	46.62	28.49	47.24	26.46	22.14
	18.72%	20.80%	16.00%	21.20%	14.70%	15.40%
	12.04%	13.90%	10.10%	14.40%	9.60%	9.60%
	—	32.00%	19.40%	—	—	—
	19.45%	25.30%	-20.00%	24.00%	25.10%	—
	23.85%	72.80%	-43.90%	85.70%	25.10%	—
	—	43.20	24.24	—	—	—
	—	1.64	1.73	—	—	—
	—	0.00	0.00	—	—	—
	—	-16.47	-21.59	—	—	—
	—	74.7	93.4	—	—	—
Balance sheet
	—	215.64	187.73	—	—	—
	—	178.77	153.23	—	—	—
	—	16.47	21.59	—	—	—
	—	45.13	32.60	—	—	—
	—	33.13	37.37	—	—	—
	—	2.59	3.61	—	—	—
	—	30.90	27.61	—	—	—
	—	32.45	24.26	—	—	—
	—	85.37	61.06	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	124.65	122.58	—	—	—
Cash flow
	—	51.06	31.22	—	—	—
	—	-27.67	-25.49	—	—	—
	—	-29.33	-8.76	—	—	—
	—	7.86	6.98	—	—	—

Compounded growth

Sales CAGR 3Y: +7.50%
Sales CAGR 5Y: —
Profit CAGR 3Y: +21.67%
Profit CAGR 5Y: —
Sales YoY (TTM): +19.45%
Profit YoY (TTM): +23.85%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 49.95%

Quarter	September 2026	June 2026
Promoter %	49.95%	49.95%

Holder	Type	Holding	Previous	Change
Shivash Business Advisory LLP	Promoter Group	19.19%	19.19%	0.00%
Chaykar Business Advisory LLP	Promoter Group	18.91%	18.91%	0.00%
Meena Pathak	Public	6.42%	6.42%	0.00%
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs	Public	6.01%	—	—
Ajay Naishad Desai	Promoter	5.71%	5.71%	0.00%
Ajay Nalin Parikh	Promoter	2.88%	2.88%	0.00%
Karan Ajay Parikh	Promoter Group	2.29%	2.29%	0.00%
Aniruddha Narayan Malpani	Public	1.68%	1.68%	0.00%
Pgim India Equity Growth Opportunities Fund Series Ii	Public	1.48%	—	—
Hardipsingh J Bubber	Public	1.47%	1.46%	+0.01%
Anuradha Hardipsingh Bubber	Public	1.41%	1.41%	0.00%
Navtejsingh M Bubber	Public	1.39%	1.39%	0.00%
Rani H Bubber	Public	1.39%	1.39%	0.00%
Anita A Bubber	Public	1.32%	1.32%	0.00%
Nayan Pathak	Public	1.03%	1.07%	-0.04%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
INDO-MIM Limited	61,335	1,240.40	—	—	—	—	—
Aditya Infotech Limited	49,092	4,003.35	102.86	26.00%	—	—	+202.77%
Syrma SGS Technology Limited	29,119	1,510.10	63.38	14.80%	+62.42% TTM	+90.86% TTM	+92.49%
Zetwerk Manufacturing Businesses Limited	27,998	165.25	-28.27 FY26	6.71% Q1 FY27	+40.43% FY26	—	—
Honeywell Automation India Ltd. S	26,304	29,750.35	46.53	15.70%	+5.29% TTM	+9.54% TTM	-19.09%
Jyoti CNC Automation Limited	23,514	1,033.95	76.15	22.00%	+17.61% TTM	-10.78% TTM	+10.01%
KAYNES TECHNOLOGY INDIA LIMITED	22,352	3,325.10	64.66	12.00%	+34.85% TTM	+8.89% TTM	-49.97%
LMW Limited	18,543	17,357.75	90.41	5.90%	+19.37% TTM	+71.62% TTM	+9.94%
Tega Industries Limited	13,632	1,814.45	-14,687.86	6.10%	+84.88% TTM	-100.47% TTM	-6.81%
LLOYDS ENGINEERING WORKS LIMITED	12,845	82.98	53.81	12.30%	+82.99% TTM	+70.53% TTM	+38.32%
Bonfiglioli Transmissions Limited	12,422	660.75	—	—	—	—	—
Dynamatic Technologies Ltd.	8,595	12,655.05	202.56	9.20%	+17.28% TTM	+0.02% TTM	+49.53%
STANDARD ENGINEERING TECHNOLOGY LIMITED	8,333	417.70	93.99	14.70%	—	—	+133.94%
Kennametal India Limtied S	8,317	3,784.30	42.43	—	+29.08% TTM	+90.48% TTM	+80.46%
Omnitech Engineering Limited	8,215	664.25	—	18.30%	—	—	—
HMT Limited	8,132	54.44	-49.29	3.20%	+8.82% TTM	+6.28% TTM	-1.86%
Raymond Limited	7,637	1,147.10	93.20	-0.50%	-5.56% TTM	-98.52% TTM	+100.56%
Spectrum Electrical Industries Limited	7,293	4,268.25	126.77	16.30%	—	—	+190.47%
GMM Pfaudler Ltd.	5,943	1,322.00	87.49	9.00%	+13.91% TTM	+71.89% TTM	+3.00%
Lohia Corp Limited	5,726	541.95	—	—	—	—	—
Praj Industries Ltd.	4,691	255.20	137.98	4.90%	+1.76% TTM	-67.78% TTM	-24.66%
HD Fire Protect Limited	4,651	265.40	—	—	—	—	—
TEMPSENS INSTRUMENTS (INDIA) LIMITED	4,545	542.20	—	—	+37.74% FY25	+52.86% FY25	—
DEE DEVELOPMENT ENGINEERS LIMITED	4,287	569.75	53.51	14.50%	+40.01% TTM	+49.51% TTM	+131.18%
Shanthi Gears Ltd. S	3,802	495.65	65.56	22.90%	-14.22% TTM	-37.57% TTM	+5.08%
Axtel Industries Ltd. S	638	394.80	25.70	32.00%	+19.45% TTM	+23.85% TTM	-15.54%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

We submit herewith signed un-audited financial results for the quarter/half-year ended on 30th September, 2026 by Whole-time Director, as approved at the meeting of the Board of Directors ....2 Nov 2026 · Result / Financial Results
Axtel Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve un-audited financial results ....24 Oct 2026 · Board Meeting / Board Meeting
We submit herewith certificate under regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter/ half-year ending on 30th September, 2026 received from ....15 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We hereby inform that the trading window shall remain closed with effect from 1st October, 2026 for all designated persons and their immediate relatives pursuant to SEBI (PIT) (Amendment) ....28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We herewith submit disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 regarding execution of Technology Licensing Agreement with the Foundation for Science, Innovation ....7 Sep 2026 · Company Update / Memorandum of Understanding /Agreements
We hereby submit the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the re-appointment of Mr. Ajay Naishad Desai ....6 Aug 2026 · Company Update / General
We submit herewith un-audited financial results for the quarter ended on 30th June, 2026 along with limited review report received from our Statutory Auditors.6 Aug 2026 · Result / Financial Results
Axtel Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2026 ,inter alia, to consider and approve un-audited financial results ....1 Aug 2026 · Board Meeting / Board Meeting
We submit herewith details of Voting results of AGM held on 31-07-2026, pursuant to Regulation 44 of the SEBI (LODR) Regulations, 2015.1 Aug 2026 · AGM/EGM / AGM
We hereby submit matters considered in the Annual General Meeting held on 31st July, 202631 Jul 2026 · Company Update / General
We submit Combined Report of Scrutinizer received from M/s. Ruchita Patel & Associates, Company Secretaries, for the result of voting at the AGM held on Friday, 31st July, 2026.31 Jul 2026 · AGM/EGM / AGM
We submit herewith summary of 34th AGM dated 31st July, 2026.31 Jul 2026 · AGM/EGM / AGM
We submit herewith certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ending on 30th June, 2026 received from our RTA.9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We submit herewith details of cut-off date and details of E-voting for AGM to be held on 31-07-20269 Jul 2026 · Corp. Action / Book Closure
We attach herewith a copy of notice of 34th Annual General Meeting of the Company to be held at 11:00 a.m. on Friday, 31st July, 2026 through Video Conferencing (VC)/ Other Audio-Visual ....9 Jul 2026 · AGM/EGM / AGM
We submit annual report for the financial year 2025-26 as required under Regulation 34(1)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....9 Jul 2026 · Others / Reg. 34 (1) Annual Report
We are to inform that the trading window shall remain closed with effect from 1st July, 2026 for all designated persons pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Solidarity Advisors Pvt Ltd22 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
We herewith submit Annual Secretarial Compliance Report for the year ended on 31st March, 2026 received from Ruchita Patel & Associates, Company Secretaries under Regulation 24A of SEBI ....28 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Recommendation of Interim dividend declared on 2nd March, 2026, at Rs. 12.00 per equity share as Final dividend for the financial year 2025-26.7 May 2026 · Corp. Action / Dividend
We hereby submit financial results for the quarter/ year ending on 31st March, 2026 along with Auditors Report and declaration signed by Whole-time Director for unmodified opinion.7 May 2026 · Result / Financial Results
We herewith submit financial results along with auditors report and declaration signed by Whole-time Director for unmodified opinion for the financial year 2025-26.7 May 2026 · Board Meeting / Outcome of Board Meeting
Axtel Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2026 ,inter alia, to consider and approve audited financial results ....2 May 2026 · Board Meeting / Board Meeting
We hereby submit compliance certificate under Reg. 74(5) of SEBI(DP) Regulations, 2018 for the quarter ending on 31st March, 2026 received from our RTA.17 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We are to inform that the trading window shall remain closed with effect from 1st April, 2026 for all designated persons pursuant to SEBI (PIT) Regulations, 2015.26 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Fixation of record date for declaration of Interim Dividend for the financial year 2025-26.2 Mar 2026 · Corp. Action / Record Date
Declaration of Interim Dividend of Rs. 12.00 per equity share of Rs. 10 each (120%) for the financial year 2025-262 Mar 2026 · Corp. Action / Dividend
Declaration of Interim Dividend @ Rs. 12.00 (120%) per share of Rs. 10 each for the financial year 2025-262 Mar 2026 · Board Meeting / Outcome of Board Meeting
We submit Intimation for Closure of Trading Window with effect from 24th February, 2026 for all designated persons pursuant to SEBI (PIT) Regulations, 2015.24 Feb 2026 · Insider Trading / SAST / Closure of Trading Window
Axtel Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/03/2026 ,inter alia, to consider and approve declaration of Interim Dividend ....24 Feb 2026 · Board Meeting / Board Meeting
We submit herewith signed un-audited financial results for the quarter ended on 31st December, 2025 along with Limited Review Report received from auditors.2 Feb 2026 · Result / Financial Results
We submit updates with regards to credit rating - CARE Ratings Limited has reviewed and assigned credit ratings of the Company for long term and short term bank facilities availed.30 Jan 2026 · Company Update / Credit Rating
Axtel Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/02/2026 ,inter alia, to consider and approve un-audited financial results ....27 Jan 2026 · Board Meeting / Board Meeting
We submit herewith compliance certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 received from our RTA for the quarter ended 31st December, 2025.13 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Advertisements for Transfer of Shares into IEPF3 Jan 2026 · Company Update / Newspaper Publication
Intimation for Newspaper Advertisements for Special Window for re-lodgement of transfer requests of physical shares.3 Jan 2026 · Company Update / Newspaper Publication
We submit Intimation of Closure of trading window for quarter ending on 31st December, 2025 with effect from 1st January, 2026. The trading window shall open after 48 hours of announcement ....30 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
We submit herewith un-audited financial results for the quarter/ half-year ended on 30.09.2025 as per regulation 33 of SEBI (LODR) Regulations, 2015 along with Limited Review Report received ....11 Nov 2025 · Result / Financial Results
Axtel Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2025 ,inter alia, to consider and approve un-audited financial results ....4 Nov 2025 · Board Meeting / Board Meeting
We submit herewith compliance certificate under regulation 74(5) of SEBI (DP) Regulations, 2018 received from our RTA.16 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 12.0000	9 Mar 2026	9 Mar 2026	—
Final Dividend - Rs. - 6.0000	12 Aug 2025	12 Aug 2025	—
Interim Dividend - Rs. - 5.0000	20 Mar 2025	20 Mar 2025	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
6 Aug 2026 Board Meeting - Financial Results