Key Metrics of Aksh Optifibre Limited
About Aksh Optifibre Limited
Sectors
Company details
- Registered office
- F-1080, Phase Iii Riico, Industrial Area Bhiwadi Rajasthan, Bhiwadi, In-rj, 301019
- Listed
- NSE: AKSHOPTFBR · ₹6.92
Operational Areas of Aksh Optifibre Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
WatchIssuer not cooperating with CARE (rating based on limited information)
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 26 Aug 2026 | CARE | Non-cooperating | D | — | — | ₹250 Cr | View |
| 31 Jul 2025 | CARE | Other | D | — | — | ₹250 Cr | View |
| 26 Jun 2024 | CARE | Other | D | — | — | ₹250 Cr | View |
| 10 May 2023 | CARE | Other | D | — | — | ₹250 Cr | View |
| 21 Apr 2022 | CARE | Non-cooperating | D | — | — | ₹250 Cr | View |
| 29 Jan 2021 | CARE | Non-cooperating | D | — | — | ₹500 Cr | View |
| 01 Apr 2020 | CARE | Reaffirmed | D | — | — | ₹250 Cr | View |
| 27 May 2019 | CARE | Revised (from BBB) | D | — | Stable | ₹367 Cr | View |
| 07 Mar 2019 | CARE | Assigned | BBB | A3+ | Stable | ₹367 Cr | View |
Credit strengths (CARE, May 2023)
+ Experienced promoters with established track record in the OFC industry
Incorporated in 1986, the company has over three-decades of long track record of operations in OFC industry. AOL manufactures OFC and is also backward integrated to manufacture OF and FRP rods, which leads to operational efficiencies. The company started with the manufacturing of OF and OFC in 1994. In 1996-97 AOL acquired FRP business which is a key raw material for OFC. AOL went public in 2000 and is listed on NSE and BSE. The company also delivers to e-governance services through its
+ Choudhari, is a key founding member of AOL. He is MBBS by qualification, gold medallist AIIMS. His father, Mr. Shantilal
Choudhari, was the promoter of Choudhari Metal Industry (later on renamed CMI Limited) which specializes mainly in manufacturing of copper cables.
Credit challenges
− Poor Liquidity and delays in debt servicing
The liquidity continues to remain poor owing to continuous overdraws and delay in debt repayment obligations. The account continues to be classified as NPA with the lenders. The delays were on account of stressed liquidity position resulting from delayed realizations from customers leading to cash flow mismatches. The current ratio as on March 31, 2022 stood at 0.74 (PY:0.65). However, the operating cycle stood at 76 days in FY22 improved from 100 days in FY21. The inventory and debtors stood at
Agency-reported financials (CARE, 26 Aug 2026)
| Metric | March 31, 2025 | March 31, 2026 | Q1FY27 |
|---|---|---|---|
| Total operating income | ₹127 Cr | ₹126 Cr | ₹50.23 Cr |
| PBILDT* | ₹-2.91 Cr | ₹3.06 Cr | ₹10.90 Cr |
| Profit after tax (PAT) | ₹-20.11 Cr | ₹-8.56 Cr | ₹5.38 Cr |
| Overall gearing (x) | 0.95× | 1.06× | — |
| Interest coverage (x) NM | 0.46× | 7.27× | — |
| Revenue growth (YoY) | — | −1.1% | — |
| PAT margin | −15.8% | −6.8% | 10.7% |
Borrowings & rated debt
Rated limits over time
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| continues to remain under ISSUER NOT Long Term Bank Facilities | Working capital & bank lines | — | ₹136 Cr | — | D | Non-cooperating | CARE |
| continues to remain under ISSUER NOT Short Term Bank Facilities | Working capital & bank lines | — | ₹114 Cr | — | D | Non-cooperating | CARE |
CARE ratings on record (checked 23 Oct 2026)
| Instrument | Amount | Rating |
|---|---|---|
| BG/LC | ₹114 Cr | CARE D; ISSUER NOT COOPERATING* |
| Cash Credit | ₹70.0 Cr | CARE D; ISSUER NOT COOPERATING* |
| Term Loan | ₹66.0 Cr | CARE D; ISSUER NOT COOPERATING* |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | In default (CARE D) |
| Issuer cooperation | Not cooperating since 31 Jul 2025 (14 months) – investment grade cannot be retained |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 39% |
| Information on file | 78% · missing: Capex / investment plans, Auditor details |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 27% chance the next rating action is stable or better
- Current rating D (below investment grade)
- Interest coverage 7.27×
- Issuer not cooperating with the rating agency
Rated limits by facility
Timeline
From the report
The average working capital utilization for the last 12 months ending Jan-19 remains high at 89%.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Aksh Optifibre Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
| Electronics Manufacturing (EMS) · Semiconductors & Electronics | dixoninfo.com | 1993 | Noida, Uttar Pradesh, India | |
| Electronics Mart India Limited | Electronics Manufacturing (EMS) · Semiconductors & Electronics | — | — | Hyderabad, Telangana, India |
| Electronics Manufacturing (EMS) · Semiconductors & Electronics | sangeethamobiles.com | — | Bangalore, India | |
| Virtuoso Optoelectronics Limited | · Business Services | — | — | Nashik, Maharashtra, India |
 Nubia Technology India Private Limited |
Part of ZTE. | nubia.com | — | Delhi, India |
 Schneider Electric Private Limited |
Part of Schneider Electric. | se.com/in | — | Delhi, India |
 Meiko Electronics India Private Limited |
Electronics Manufacturing (EMS) · Manufacturing (Machinery and Equipments) | meiko-elec.com | — | Haryana, India |
 Compal Electronics India Private Limited |
Electronics Manufacturing (EMS) · Manufacturing (Others) | compal.com | — | Delhi, India |
 MFJ Enterprises (Opc) Private Limited |
Electronics Manufacturing (EMS) · Trading | mfjenterprises.com | — | Telangana, India |
 Hisense India Private Limited |
Electronics Manufacturing (EMS) · Manufacturing (Machinery and Equipments) | global.hisense.com | — | Maharashtra, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Optical fibre
Filings
No filings on record yet.