What we do Axtel Industries Ltd specializes in engineering process systems for the food industry, offering turnkey systems, product development, and custom manufacturing solutions. |
Founded in 1,991 |
Market share Recognized expert in food industry process plants with a growing domestic and international presence. |
Problem solved Provides robust, efficient machinery to optimize food processing like grinding, pasteurization, and drying, improving production quality and efficiency. |
Top clients or who we serve Serves food, pharmaceutical, cosmetic, and chemical sectors with B2B process plant solutions. |
Key management - |
Our journey and innovations Founded in 1991, renamed in 2000; expanded manufacturing in 2023 adding solar panels and health facilities. |
Where we operate Primarily India with exports to international markets. |
Top products or what we offer Food processing plants for grinding, sterilization, extrusion systems; conveyors; mixers; frying and portioning machines. |
Top brands - |
Raw materials needed Steel, components, electrical parts for machinery manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue shows steady growth, driven by project executions and service support. |
Our industry position Established player in food processing engineering with increasing turnover and profitability. |
Financial highlights FY 2023-24 revenue Rs. 226.5 crore, net profit Rs. 32.13 crore, 24% revenue growth year on year. |
Geographical revenue split About 83% revenue from India, 17% from exports. |
Order book - |
Whats driving growth Investment in manufacturing expansion, increased domestic demand, innovation in product range. |
Our future plans Continue expanding manufacturing capacity and product offerings with focus on sustainability. |
Our green promise Installed solar panels and maintain occupational health center to promote sustainability. |
Our people and values Committed workforce employing about eight women; strong governance and ethics focus. |
Key challenges ahead Commodity price volatility, global economic conditions, competition, and regulatory compliance. |
Interesting facts Advanced manufacturing facility with laser and water jet cutting, automated material storage, and robotic handling. |
Risks and strategy Mitigates commodity price and forex risks via client relations and focusing on value-added products. |
