COMPANY INTELLIGENCE PROFILE
AXABULL INDUSTRIES PRIVATE LIMITED
Axabull Industries Pvt Ltd (trading as "Axabull") manufactures and markets automotive and industrial lubricants and batteries: engine oils (bike/car/truck/tractor/CNG auto-rickshaw), gear oils, transmission fluids, hydraulic and compressor oils, coolants, greases, and car/two-wheeler/inverter batteries, made from imported Group II+ base oils.
Axabull Industries Pvt Ltd, incorporated on December 27, 2016, specializes in manufacturing automotive and industrial lubricants and batteries. Operating from Surat/Bardoli, Gujarat, it boasts a distribution network of around 120 automotive distributors and over 5,000 retailers in India, with significant export activities in approximately 16 countries. As of FY2024-25, the company's revenue reached ₹22.75 Crore, a 21% increase year-on-year. The company operates without external equity funding, relying on bank borrowings.
AI-generated, may contain errors.
Business Overview
- Axabull Industries Pvt Ltd, trading as "Axabull", manufactures and markets automotive and industrial lubricants and batteries: engine oils, bike/car/truck/tractor/CNG auto-rickshaw, gear oils, transmission fluids, hydraulic and compressor oils, coolants, greases, and car/two-wheeler/inverter batteries, made from imported Group II+ base oils.
- Company/brand materials, axabull.in, IndiaMART, state the brand originated in 2013 in Surat/Bardoli, Gujarat, and the current corporate entity was incorporated in 2016.
- Distribution: ~120 automotive distributors, 5,000+ retailers, 5 regional depots in India, plus export presence in ~16 countries, incl. a UAE office, — 40-60% of output reportedly exported per IndiaMART listing.
- Headcount per IndiaMART: 11-25 employees, likely understates a 22+ Cr revenue manufacturer; treat as low-confidence.
Sector & Classification
CIN industry code 23109 (chemical products manufacturing category); Tofler describes it as "Manufacture of other lubricating preparations, coke and refined petroleum products." Business itself (per company's own marketing) is automotive/industrial lubricants and batteries.
Directors & Key Management
Directors — source notes
Four directors, cross-confirmed by name across Tofler and TheCompanyCheck (DINs from Tofler only — single source, treat DINs as partial): - Alpesh Thakarshibhai Dhola — DIN 06837857 — director/shareholder since incorporation (27 Dec 2016) - Dinesh Thakarshibhai Dhola — DIN 08379985 — director/shareholder since 02 Mar 2019 - Nilesh Haribhai Patel — DIN 08143861 — director since 26 Sep 2022 - Pravinkumar Bhupatbhai Vekariya — DIN 09353762 — director since 26 Sep 2022 No past/resigned directors could be confirmed (paywalled on both aggregators).
GST Registrations
Primary GSTIN (Gujarat, home state): 24AAPCA1443D1Z2 — PAN AAPCA1443D — legal name "AXABULL INDUSTRIES PRIVATE LIMITED" — Regular taxpayer, status Active — GST registration date 11 Dec 2019 (per KnowYourGST individual GSTIN page; single-source, partial). Registered activities: Factory/Manufacturing, Retail, Works Contract, Import/Export, Office, Warehouse/Depot. Additional registrations: KnowYourGST's page notes the same PAN also holds GST registrations in Madhya Pradesh, Telangana and Haryana — so at least 4 state registrations total — but GSTIN numbers for those states were not obtained (single-source mention, not independently verified; flag as partial/needs confirmation).
Financials
AXABULL INDUSTRIES PRIVATE LIMITED reported standalone revenue of ₹22.75 Crore for FY2024-25, reflecting a ~21% increase year-over-year. The last AGM date varies between sources. Auditor for FY2023 was R N K & Co.
AI-generated, may contain errors.
| FY2024-25, year ended 31 Mar 2025, standalone, no consolidation applicable — single entity, no subsidiaries found: | |
| Revenue | ₹22.75 Crore, up ~21% YoY, TheCompanyCheck; Tracxn corroborates with a "₹10-50 Cr" bracket and same 21% revenue CAGR / 22% EBITDA CAGR figures, — confirmed, 2 sources agree on growth rate; exact revenue figure from TheCompanyCheck only. |
| EBITDA, PAT, Net worth | not obtained, locked behind premium tier on all aggregators checked. |
| Last AGM | 30 September 2025, TheCompanyCheck, / 30 September 2024 (Tofler) — date conflict between sources, likely reflects two different AGM years; not fully reconciled. |
| Auditor | R N K & Co, FY2023, TheCompanyCheck, single source. |
Funding History
- No external equity funding / investor rounds found on any source, Tracxn explicitly states no funding-round or investor data on its page.
- Company appears self-funded/bootstrapped, financed via bank borrowings, see charges below, rather than VC/PE capital.
- Not obtained: any formal funding history.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| Tracxn | ₹3.36 Crore | loan attributed to IndusInd Bank Ltd |
| Both sources agree on the two amounts | ₹3.36 Cr | and ₹1 |
| but disagree on whether the | ₹3 | |
| do not treat lender name for the | ₹3.36 Cr | Charge As Confirmed |
- Two charge records found, with a conflict between sources on lender name for one charge:
- TheCompanyCheck: Open charge ₹3.36 Crore, lender listed only as "Others," registered 19 Jul 2024; Satisfied charge ₹1.09 Crore with Axis Bank Limited, satisfied 19 Jul 2024.
- (Jul 2024); ₹1.09 Crore loan attributed to Axis Bank Limited (Apr 2023)
- 09 Cr, 36 Cr facility's status is "open/Others" or "IndusInd Bank" and on exact dates — flagged as an unresolved source conflict
Competitive Landscape
- Axabull competes in the Indian automotive/industrial lubricants and batteries space against: Indian Oil's Servo, BPCL's MAK, Castrol India, Gulf Oil Lubricants India, Veedol, HP Lubricants, Panama Petrochem, and Savita Oil Technologies.
- Most named peers are large listed/PSU-backed or MNC-scale players, hundreds to thousands of crores in revenue
- Axabull, ~₹22.75 Cr FY25 revenue, is a small/emerging regional manufacturer by comparison, positioning itself via export reach (16 countries) rather than domestic scale.
Frequently Asked Questions
What does Axabull Industries Pvt Ltd do?
Axabull Industries Pvt Ltd, trading as 'Axabull', manufactures and markets automotive and industrial lubricants and batteries. Their products include engine oils for various vehicles, gear oils, transmission fluids, hydraulic and compressor oils, coolants, greases, and batteries for cars, two-wheelers, and inverters.
When was Axabull Industries Pvt Ltd incorporated?
Axabull Industries Pvt Ltd was incorporated on 27 December 2016.
What is the CIN of Axabull Industries Pvt Ltd?
The CIN of Axabull Industries Pvt Ltd is U23109GJ2016PTC094889.
What is the GSTIN of Axabull Industries Pvt Ltd?
The primary GSTIN of Axabull Industries Pvt Ltd is 24AAPCA1443D1Z2 registered in Gujarat. The company is a regular taxpayer and their GST registration date is 11 December 2019.
Where is the registered office of Axabull Industries Pvt Ltd located?
The registered office of Axabull Industries Pvt Ltd is located at Plot No. 3, Block No. 449/A, Baleshwar, Near Aman Hotel, NH-8, Kapodara-Palsana Highway, Palsana, Surat, Gujarat, 394317.
Sources
Tofler (tofler.in/axabull-industries-private-limited/company/U23109GJ2016PTC094889); TheCompanyCheck (thecompanycheck.com/company/axabull-industries-private-limited/U23109GJ2016PTC094889); Tracxn legal-entity page (used only for loan/charge and growth-rate corroboration, not funding rounds — none found); KnowYourGST individual GSTIN page (knowyourgst.com/gst-number-search/axabull-industries-private-limited-24AAPCA1443D1Z2); IndiaMART company profile (indiamart.com/axabulllubricantoil/about-us.html); TradeIndia company profile (tradeindia.com/axabull-industries-private-limited-6334664); official brand site (axabull.in); general web search for competitors and credit ratings (no dedicated rating-agency page found). Falconebiz and Zaubacorp were attempted but returned no usable data (Falconebiz page was a generic search portal; Zaubacorp returned HTTP 403, consistent with known blocklist).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.