Login
Products
Login
Home
Alerts
Search
Watchlist
Products

Axis Solutions Ltd

AXISOL
BSE
279.20
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
Alert
Watchlist
Note

Axis Solutions Ltd

AXISOL
BSE
279.20
29 Apr '26, 4:00 PM
Company Overview
Add Alert
Add to Watchlist
Edit Note
6M
Price
Charts
Documents

Quick Ratios

Edit Ratios
Mkt Cap
Market Capitalization
1,320Cr
Close
Close Price
279.20
Industry
Industry
Engineering - Light - General
PE
Price To Earnings
50.22
PS
Price To Sales
5.93
Revenue
Revenue
223Cr
Rev Gr TTM
Revenue Growth TTM
41.16%
PAT Gr TTM
PAT Growth TTM
-20.60%
Peer Comparison
How does AXISOL stack up?
Compare up to 10 companies side by side across valuation, profitability, and growth.
AXISOL
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2021Jun 2021Sep 2021Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
111036265623423799274946
Growth YoY
Revenue Growth YoY%
-41.7174.675.345.678.520.018.124.3
Expenses
ExpensesCr
101036225312323586254439
Operating Profit
Operating ProfitCr
101421110213367
OPM
OPM%
5.83.31.515.54.347.123.36.513.39.911.916.1
Other Income
Other IncomeCr
0000100001000
Interest Expense
Interest ExpenseCr
000111111111
Depreciation
DepreciationCr
010000001000
PBT
PBTCr
000312109213246
Tax
TaxCr
00000000-1000
PAT
PATCr
000312109213246
Growth YoY
PAT Growth YoY%
126.913.62,350.0-41.815.5-82.6-50.6253.8
NPM
NPM%
0.7-1.91.411.620.944.021.44.613.56.49.013.2
EPS
EPS
0.1-0.10.40.70.42.32.00.43.00.40.91.3

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2024Mar 2025TTM
Revenue
RevenueCr
323935404540136201223
Growth
Revenue Growth%
20.8-9.613.712.4-9.247.610.6
Expenses
ExpensesCr
303733384339111166193
Operating Profit
Operating ProfitCr
212222253529
OPM
OPM%
7.23.24.73.83.84.018.617.613.2
Other Income
Other IncomeCr
1112111022
Interest Expense
Interest ExpenseCr
111111334
Depreciation
DepreciationCr
111111112
PBT
PBTCr
212210323325
Tax
TaxCr
0100000-1-1
PAT
PATCr
101200323326
Growth
PAT Growth%
-71.9237.723.6-71.6-38.05.5-23.2
NPM
NPM%
4.00.93.53.81.00.723.316.611.6
EPS
EPS
1.10.50.91.30.3-0.47.27.55.6

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
71212121212444747
Reserves
ReservesCr
61313141011147072
Current Liabilities
Current LiabilitiesCr
10821163653567180
Non Current Liabilities
Non Current LiabilitiesCr
215569171413
Total Liabilities
Total LiabilitiesCr
384563607695131200210
Current Assets
Current AssetsCr
26214030515981147155
Non Current Assets
Non Current AssetsCr
122423302437505355
Total Assets
Total AssetsCr
384563607695131200210

Cash Flow

Consolidated
Standalone
Financial YearMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
0-63-2-111-20
Investing Cash Flow
Investing Cash FlowCr
-93-28-118-4
Financing Cash Flow
Financing Cash FlowCr
113-1-71-2726
Net Cash Flow
Net Cash FlowCr
200-1-122
Free Cash Flow
Free Cash FlowCr
1-63-2-110-22
CFO To PAT
CFO To PAT%
-116.4-484.7224.0-420.6-515.535.5-59.4
CFO To EBITDA
CFO To EBITDA%
-33.7-362.3223.7-105.7-84.744.4-56.1

Ratios

Consolidated
Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
40635446500
Price To Earnings
Price To Earnings
49.1236.472.23.822.327.20.00.0
Price To Sales
Price To Sales
1.21.61.60.10.10.10.00.0
Price To Book
Price To Book
3.02.52.20.10.30.20.00.0
EV To EBITDA
EV To EBITDA
18.951.836.86.37.79.41.20.9
Profitability Ratios
Profitability Ratios
GPM
GPM%
30.519.764.756.528.88.446.741.9
OPM
OPM%
7.23.24.73.83.84.018.617.6
NPM
NPM%
4.00.93.53.81.00.723.316.6
ROCE
ROCE%
12.55.97.18.05.34.637.423.3
ROE
ROE%
9.81.54.95.81.91.254.628.6
ROA
ROA%
3.30.81.92.50.60.324.216.7
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Axis Solutions Limited is a leading Indian industrial automation and engineering solutions provider, established in **1999** by **Mr. Bijal Sanghvi**, a seasoned instrumentation and control engineering professional. Originally known as Asya Infosoft Limited, the company rebranded and evolved into a diversified technology-driven enterprise focused on industrial automation, digitalization, and sustainable engineering. The company was **listed on the Bombay Stock Exchange (BSE)** in mid-2025, marking a pivotal milestone in its journey and reinforcing stakeholder confidence in its long-term vision and scalability. --- ### **Core Business and Offerings** Axis Solutions delivers **integrated, lifecycle-supported industrial solutions** across three core business segments: 1. **Automation and Digitalization** - Smart, connected systems leveraging **IIoT, AI, cloud-based data acquisition, and remote diagnostics**. - Focus on **predictive maintenance, process optimization**, and **Industry 4.0/5.0 integration**. - Offers scalable **industrial digital platforms** with robust cybersecurity protocols (encryption, access controls, audits). 2. **Infra & Water** - Sustainable water management and urban infrastructure solutions. - Supports green initiatives in alignment with government sustainability mandates. 3. **Industrial Engineering & Systems** - Turnkey engineering, manufacturing, and integration services. - Manufacturing of **analyser shelters, Steam and Water Analysis Systems (SWAS), Gas Analysis Systems (GAS), control panels**, and **automation modules**. - Key contributor to revenue: ₹13,636.09 lakhs in FY2023–24. > In FY2023–24, **Industrial Engineering & Systems** was the dominant revenue generator, followed by **Infra & Water** (₹6,087.03 lakhs), while **Automation and Digitalization** reported zero revenue, indicating early-stage commercialization. --- ### **Geographic Presence** - **Headquarters**: Ahmedabad, Gujarat (Plot No. 324, GIDC, Kathwada) - **Domestic Offices**: Mumbai, Delhi, Bengaluru, Chennai - **International Presence**: Dubai (UAE), Singapore, Germany - Serves markets across **India, SAARC, Europe, Middle East, and Africa (EMEA)** --- ### **Manufacturing and Operations** - Operates from a **3,000 ft² corporate office** in Ahmedabad. - Three integrated facilities totaling **~92,000 ft²** for **manufacturing, system integration, testing, and inventory**. - Facilities support end-to-end project execution from design to commissioning. --- ### **Strategic Partnerships and Collaborations** - Partners with **over 14 global brands**, including: - **Knick, ADFWeb, Seneca, Stego, Hoffman** - Collaborations enhance capabilities in **industrial automation, IIoT, data acquisition**, and **Industry 4.0**. --- ### **Technology and Innovation** - **In-House R&D**: Focus on solutions for hazardous environments; ATEX and IECEx certified products. - Investments in **wireless sensors, AI-integrated systems, self-calibrating devices**, and **smart enclosures**. - Proprietary **connectivity protocols** aligned with industry standards for secure data transmission. - **Data Analytics & AI Team**: Leverages machine learning for predictive insights and operational intelligence. --- ### **Subsidiary and Specialized Units** - **ELS Automation Pvt. Ltd.**: Systems division focused on analyser systems (steam, water, gas), control panels, and automation. - Supports both **in-house product development** and **outsourced engineering services**. --- ### **Strategic Expansion: Green Hydrogen Initiative** - In August 2025, Axis Solutions acquired key assets from **UK-based H2GO Power Limited**, including: - Intellectual property - Patents - Proprietary software for **hydrogen storage, distribution, and optimization** - Launch of a dedicated **Green Hydrogen Business Vertical**, positioning Axis as an early mover in the green hydrogen space across industrial, transportation, and energy sectors. --- ### **Growth Strategy (“Axis 2.0”)** Launched in 2025, **“Axis 2.0”** is a strategic transformation framework focused on: - **Sustainable growth** - **Digital transformation** - **Global excellence** - Integration of **human-AI collaboration** (Industry 5.0) - Enhancing **resilience, personalization, and responsibility** in industrial systems --- ### **Revenue Model and Customer Engagement** - **Recurring revenue streams** via: - **Annual Maintenance Contracts (AMC)** - **Spare parts management** - **Post-installation support** - **Calibration and predictive maintenance services** - Strong **customer lifecycle management**, enhancing retention and lifetime value. --- ### **Supply Chain and Risk Management** - Significant import dependency on **Europe, the US, and East Asia** for sensors, analyzers, and components. - Risks include **supply chain disruptions, freight inflation, and FX volatility**. - **Mitigation Strategies**: - Developing **domestic supplier base** - Implementing **dual-sourcing** - **Partial currency hedging** - Maintaining **strategic inventory** for high-lead-time items --- ### **Operations and Compliance** - **ISO 9001** certified quality management system - **SAP**-enabled enterprise operations - Products compliant with **ATEX, IECEx, and CE** standards for hazardous environments - Investments in **localized warehousing, engineering hubs, and service infrastructure** to improve delivery speed and reduce costs --- ### **Client Sectors** Serves critical industries including: - Oil & Gas - Petrochemicals & Refineries - Power Generation - Cement & Steel - Telecom & Port Machinery - Engineering Equipment Manufacturing Customers are served via a **network of dealers, technology collaborators**, and **direct project execution** across **Greenfield and brownfield projects**. --- ### **Recent Strategic Developments** - **BSE Listing (July–August 2025)**: Enhances credibility, access to capital, and visibility. - **Green Hydrogen Venture**: Opens new revenue vertical with long-term strategic value. - **Digital Integration**: Embedding cloud, AI, and smart diagnostics into products to generate recurring revenue. - **Focus on Compliance-Driven Markets**: Benefiting from tightening environmental and safety regulations in power, steel, and oil & gas sectors. --- ### **Leadership** - **Mr. Bijal Sanghvi** – Founder, Managing Director - Instrumentation & Control Engineering graduate - Over two decades of experience in industrial automation - Expert in system design, optimization, and reducing operational downtime