Axtel Industries Ltd Company Summary

Axtel Industries Limited was formerly incorporated in 1991 as Advanced Extrufoil Technology and Exports Limited. The Company changed the name to Axtel Industries Limited in 2000. Axtel is engaged in manufacturing custom-designed food processing plants and machinery.

It is a leading supplier of high-quality process engineering equipment and turnkey systems to the food and related industries, delivering solutions to serve quality, design and performance to the clients. Their advanced manufacturing facility, at Vadodara, Halol Highway, is to build robust and aesthetically designed machines.The manufacturing capabilities include a state-of-the-art Laser Cutting Centre, Water Jet Cutting, Inverter based TIG Welding Machines, CNC Forming Machines, Grit Blasting, Painting and Polishing facilities. Axtel manufactures a wide range of process plants and equipment, supporting diverse applications across the industry.

The Companys growth is closely linked with the steady expansion of the food processing sector They have strategically aligned partnerships for heat treatment, precision machining and other specialized operations.The Company provide process plants for grinding/ milling of foodstuffs, pharmaceuticals, cosmetics, and chemicals; cleaning, grinding, pasteurization, and steam sterilization systems for spices; food/feed extrusion systems; and conveyor dryers and de-hydration systems. They also provide process equipment, including ribbon mixers, batching and mixing systems, process tanks and agitators, continuous frying systems, forming and portioning machines, dewatering screw presses, and cassette presses and brining systems.In December 1992, the company got into the capital market with a Public Issue of 61.250 lakh shares aggregating Rs 612.50 lakh. In June 1993, it started commercial production.In 2023, the Company commissioned the expansion at its existing manufacturing unit in November, 2023.

The expanded plant opened has new factory sheds, material handling equipment, occupational health centre, solar panels in FY 2024-25.