Regulatory Submission & Annual Report
Axis Solutions Limited submitted its Annual Report for FY 2025-26 to BSE Limited pursuant to SEBI Regulation 34(1), including Notice of its 41st AGM to be held on September 19, 2026 via video conference. The company also filed detailed standalone and consolidated financial statements with unqualified auditor's opinion from M/s. Chandabhoy & Jassoobhoy.
Financial Performance (Standalone)
FY 2025-26 vs FY 2024-25:
- Revenue from Operations: ₹238.37 Crore (prev. ₹200.67 Crore)
- Profit Before Tax: ₹39.35 Crore (prev. ₹34.39 Crore)
- Profit After Tax: ₹29.06 Crore (prev. ₹35.00 Crore)
- Total Assets: ₹283.93 Crore (prev. ₹200.13 Crore)
- Current Borrowings: ₹70.93 Crore (prev. ₹26.97 Crore)
- Trade Receivables: ₹134.77 Crore (prev. ₹94.52 Crore)
Key Financial Ratios:
- Current Ratio: 1.85 (prev. 2.12)
- Debt-to-Equity Ratio: 0.56 (prev. 0.32)
- Net Profit Margin: 12.00% (prev. 17.52%)
- Return on Equity: 27% (prev. 30%)
- Basic EPS: ₹6.17 per share (prev. ₹7.84 per share)
Dividend Declaration & Corporate Actions
The Board recommended a final dividend of ₹0.60 (6%) per equity share, payable by October 19, 2026. The company successfully implemented its Resolution Plan approved by NCLT, including revocation of trading suspension, name change, and issuance of equity shares to strategic investors and resolution applicants.
Strategic Initiatives & Business Development
1. Green Hydrogen Technology Acquisition
Completed strategic asset acquisition from H2GO Power Limited (UK), acquiring patents, trademarks, proprietary software, and technical know-how for hydrogen storage, distribution, and optimization technologies, establishing a dedicated Green Hydrogen Business Vertical.
2. Global Expansion
Incorporated wholly owned subsidiary AxisSol Arabia Company in Saudi Arabia for oil & gas field machinery and industrial process control equipment business.
3. Sustainability Initiatives
Commissioned 160 kW On-Grid Solar Power Plant at manufacturing facility, adopted Electric Vehicles for internal logistics, and installed EV Charging Infrastructure at company premises.
Segment Performance
The company operates in three reportable segments:
1. Automation & Digitalisation: Revenue ₹24.15 Crore, EBITDA ₹5.45 Crore
2. Water: Revenue ₹75.48 Crore, EBITDA ₹19.93 Crore
3. Industrial Engineering & Systems: Revenue ₹138.75 Crore, EBITDA ₹19.83 Crore
Corporate Governance & Management
- Reappointments of statutory auditors M/s. Chandabhoy & Jassoobhoy and secretarial auditors M/s. Utkarsh Shah & Co.
- Proposed remuneration revisions for Mr. Bijal Sanghvi (MD: ₹1.66 Crore), Mrs. Purvi Sanghvi (CEO: ₹0.48 Crore), and Mr. Anand Shah (ED: ₹0.49 Crore)
- Board met 6 times with good attendance records across various committees
Capital Structure & Shareholding
- Authorized Capital: ₹50.00 Crore
- Paid-up Capital: ₹47.26 Crore (4.73 Crore equity shares)
- Promoter Holding: 85.64% (Bijal D. Sanghvi 68.19%, Purvi Sanghvi 16.92%)
- Evaluating options to achieve minimum 25% public shareholding within SEBI timeline
Subsidiaries & Related Party Transactions
The company has five subsidiaries including Axiot Informatics, Axis Analytics India, Axis New Energy, Brix Engineering GmbH (Germany), and Brix Engineering Limited (UK). Significant related party transactions include director remuneration and sales to Axis Solutions FZE (₹2.05 Crore).
Compliance Status & Important Dates
- No material fraud reported by auditors
- No significant regulatory orders impacting going concern status
- Record Date for Dividend: September 12, 2026
- AGM Date: September 19, 2026 at 3:30 PM
- Financial Year End: March 31, 2026