Axtel Industries logo

Axtel Industries share price

NSE: AXTELBSE: 523850Industrial ManufacturingSmall Cap

Last close ₹405.05down ₹1.25 (0.31%)BSE ₹405.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹406.30.

52-week range of BSE trades to 23 Oct 2026
₹335.00Low, 26 Feb 2026₹527.90High, 7 May 2026
Market cap
₹654 Cr1,694th largest listed
P/E
21.0
P/B
5.2
Dividend yield
2.96%
ROE
25.3%
ROCE
29.5%
Debt to equity
0.00
Volume, NSE
2,65583.7% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Aug 2026, adjusted for splits and bonuses

−12.6%over a year on BSE closes

DividendThe returns and 20-session average are on BSE closes, where the record is longest.20-session average 663 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 6 Aug

Revenue
₹32 Crdown 54.22%
Net profit
₹1.96 Crdown 82.47%
Net margin
6.1%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹83 Cr, differs from its quarters added, ₹82 Cr.

₹ croreSep 2024Filed 28 NovDec 2024Filed 30 JanMar 2025Filed 10 JunJun 2025Filed 16 JulSep 2025Filed 11 NovDec 2025Filed 2 FebMar 2026Filed 7 MayJun 2026Filed 6 Aug
Revenue55.840.437.627.267.358.670.632.3
Net profit5.93.34.81.910.18.011.22.0
Net margin10.6%8.1%12.7%7.0%15.0%13.6%15.8%6.1%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Food Processing Plant and Machinery, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 26% of 2,203 trading days since May 2017.

LowestHighest
Its median26.7Industry median27.8
Price to book

At or below today's level on 37% of 1,971 trading days since Nov 2018.

LowestHighest
Its median5.9Industry median2.8
EV to EBITDA15.3

At or below today's level on 24% of 1,971 trading days since Nov 2018.

LowestHighest
Its median20.0Industry median18.5
Dividend yield

At or below today's level on 91% of 2,470 trading days over the last 10 years.

LowestHighest
Its median1.14%Industry median0.41%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−17.6%+72.8%−54.2%3.3%
3 years+17.5%+21.7%−5.3%2.2%
5 years+4.9%+7.9%−4.4%1.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters49.95%
  • Foreign institutions0.41%
  • Indian institutions1.48%
  • Individuals and others48.16%
Holder
Shivash Business Advisory LLPPromoter19.19%
Chaykar Business Advisory LLPPromoter18.91%
Meena PathakRelatives of promoters6.42%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund6.01%
Ajay Naishad DesaiPromoter5.71%
Ajay Nalin ParikhPromoter2.88%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Industrial Products, 191 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Axtel Industries in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Patil Automation logoPatil AutomationPATILAUTOM69238.95.0–––12.8%–0.00%
Forbes Precision Tools and Machine Parts logoForbes Precision Tools and Machine PartsTOTEM68420.14.111.5+14.1%+22.6%20.3%24.1%3.77%
Salasar Techno Engineering logoSalasar Techno EngineeringSALASAR67849.50.810.1+4.0%–1.7%6.3%0.00%
Sunita Tools logoSunita ToolsSUNITATOOL666108.49.5–+57.3%+19.8%10.4%–0.00%
Bajaj Steel Industries logoBajaj Steel IndustriesBAJAJST62621.41.511.1−2.6%−48.3%7.2%7.0%0.33%
Danlaw Technologies India logoDanlaw Technologies IndiaDANLAW60323.76.014.1+24.4%+34.5%28.8%29.7%0.00%
Satani Bearings logoSatani BearingsSATANIBRG5865,737.532.78,307.5––1.1%0.4%0.00%
Indef Manufacturing logoIndef ManufacturingBAJAJINDEF58625.02.231.2––9.0%4.5%1.09%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹12.00 a share, year to Mar 2026.
Ex-dateTypePer share
9 Mar 2026Interim₹12.00
12 Aug 2025Final₹6.00
20 Mar 2025Interim₹5.00
20 Mar 2024Interim₹6.00
3 Jul 2023Final₹3.00
21 Sep 2022Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Axtel Industries share price by year

Each calendar year to 2025.Axtel Industries share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close445.65−9.1%517.55390.50
2024BSE close490.40−13.8%714.10445.30
2023BSE close569.05+152.7%797.15199.90
2022BSE close225.20−36.3%404.95201.80
2021BSE close353.65+59.1%372.75218.45
2020BSE close222.35+103.1%274.0583.40
2019BSE close109.50−0.3%145.9581.40
2018BSE close109.80+6.6%133.2546.05
2017BSE close103.05+60.5%118.6560.80
2016BSE close64.20+266.0%84.8511.73
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026407.50408.80395.00405.05403.982,65583.7%
22 Oct 2026414.40415.60405.35406.30409.7454363.0%
21 Oct 2026417.80430.00406.05410.45415.311,92166.6%
19 Oct 2026415.00425.10415.00419.75417.761,56677.0%
16 Oct 2026414.00421.90412.60418.80415.612,34178.7%
15 Oct 2026412.85419.00410.25413.90415.011,23958.4%
14 Oct 2026415.40415.65403.30413.20411.715,24267.8%
13 Oct 2026418.15420.95408.30412.65413.733,85262.5%
12 Oct 2026421.80425.00416.65420.55420.752,72172.8%
9 Oct 2026432.80434.90419.05420.70425.526,49460.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
12 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Axtel Industries Limited
NSE symbol
AXTEL
BSE code
523850
ISIN
INE767C01012
Industry
Industrial Manufacturing
Listed
Aug 1993
Face value
₹10
CIN
L91110GJ1991PLC016185
Corporate identity number, the registrar of companies' code for it