What we do Vaxfab Enterprises Limited is engaged in trading fabrics, garments, and a wide range of domestic electrical and electronic appliances across India. |
Founded in 1,983 |
Market share Active on BSE, steadily growing revenue with increasing market presence in textile and electrical appliance trading sectors. |
Problem solved Provides diverse product sourcing and distribution solutions for textiles and domestic electronic appliances, ensuring availability to various retail and wholesale customers. |
Top clients or who we serve Serves B2B and B2C markets, including retailers, wholesalers, and distributors of fabrics, garments, and electrical appliances. |
Key management Managing Director - Ravindra Ashokbhai Joshi; Independent Directors include Premaram Patel and Chinu Kalal. |
Our journey and innovations Started with insulator trading in 1983, rebranded in 2022, expanded into textiles and then diversified into domestic electrical appliances. |
Where we operate Operates primarily in India with growing footprint in domestic wholesale and retail markets. |
Top products or what we offer Pin, Suspension, Strain insulators, fabrics, garments, electrical and audio-visual appliances like air conditioners, refrigerators, mixers, grinders. |
Top brands - |
Raw materials needed Fabrics, textile raw materials, electrical appliances sourced from multiple vendors. |
Raw materials supplier Various suppliers in textile and electrical goods sectors across India. |
Recurring vs cyclical contribution Revenue is primarily based on cyclical trading activities with potential for recurring orders in appliances segment. |
Our industry position Emerging player in fabric and electrical appliance trading with improving financial health and operational scope. |
Financial highlights Revenue grew from Rs. 9.28 crore in 2023-24 to Rs. 58.67 crore in 2024-25; PAT improved from loss to Rs. 0.58 crore positive. |
Geographical revenue split Revenue mainly from Indian markets; no significant foreign exchange earnings reported. |
Order book - |
Whats driving growth Diversification into domestic electrical appliances and expansion of trading activities has driven recent revenue growth. |
Our future plans Plans to raise funds via convertible warrants to support business expansion and explore new market avenues. |
Our green promise - |
Our people and values Committed to employee development aligned with business goals and follows robust grievance redressal and compliance practices. |
Key challenges ahead Managing business diversification risks and scaling operations while maintaining financial stability. |
Interesting facts Company rebranded from Ellora Trading Limited to Vaxfab Enterprises Limited in 2022, reflecting strategic diversification. |
Risks and strategy Focus on compliance, risk management systems in place; plans to leverage fund infusion for growth overcoming operational challenges. |