Vardhman Concrete Limited

Constructs affordable and durable structures including bridges, towers, and housing for underprivileged communities.

1982 | Raigarh, Maharashtra (India) | Active
Last Updated: November 16, 2024

Vardhman Concrete Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 7.31 Cr
  • Company Age 42 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 239.46 Cr
  • Satisfied Charges ₹ 14.39 Cr
  • Revenue Growth -18.13%
  • Profit Growth -12.57%
  • Ebitda -23.70%
  • Net Worth -5.07%
  • Total Assets -0.13%

About Vardhman Concrete

Vardhman Concrete Limited (VCL) is a Public Limited Indian Non-Government Company incorporated in India on 23 October 1982 and has a history of 42 years and three months. Its registered office is in Raigarh, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531444.

The Corporate was formerly known as Stresscrete India Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 7.31 Cr.

The company currently has active open charges totaling ₹239.46 Cr. The company has closed loans amounting to ₹14.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vardhman Concrete Limited India are Trishala Kanungo as CFO and Krati Patel as Company Secretary. Vishal Vardhan, Saroj Rathod, Ramesh Vardhan, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1982PLC028556

  • Company No.

    028556

  • Stock Symbol

    BSE : 531444

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1982

  • Date of AGM

    11 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Vardhman Concrete?

Executive Team (3)

NameDesignationAppointment DateStatus
Vishal Vardhan Country flag representing In Managing Director29-Mar-2019Current
Trishala Kanungo Country flag representing In CFO29-Mar-2019Current
Krati Patel Company Secretary01-Jul-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Saroj Rathod Country flag representing In Director 27-Aug-2022Current
Ramesh Vardhan Country flag representing In Director 04-Oct-2005Current
Rajesh Vardhan Country flag representing In Director 04-Oct-2005Current

Financial Performance of Vardhman Concrete.

Vardhman Concrete Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.13% decrease. The company also saw a substantial fall in profitability, with a 12.57% decrease in profit. The company's net worth dipped by a decrease of 5.07%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-18.13%
Revenue from Operations
Total Assets
-0.13%
Profit or Loss
-12.57%
Net Worth
-5.07%
EBITDA
-23.70%

What is the Ownership and Shareholding Structure of Vardhman Concrete?

In 2023, Vardhman Concrete had a promoter holding of 61.11% and a public holding of 38.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹239.46 Cr

Satisfied Charges

₹14.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 237.75 Cr
  • United Bank Of India : 1.65 Cr
  • Citicorp Finance India Ltd. : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
26 May 2023Others₹237.75 CrOpen
03 Nov 2003Citicorp Finance India Ltd.₹0.63 MOpen
15 Mar 1998United Bank Of India₹4.50 MOpen
08 Jul 1992United Bank Of India₹7.50 MOpen
15 Mar 1990United Bank Of India₹4.50 MOpen

How Many Employees Work at Vardhman Concrete?

Vardhman Concrete has a workforce of 0 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman Concrete, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vardhman Concrete's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vardhman Concrete

Recent activity within the organization

  • Annual General Meeting

    Vardhman Concrete Limited last Annual general meeting of members was held on 11 Jun 2024 as per latest MCA records.

    11 Jun 2024

  • Balance Sheet

    Vardhman Concrete Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 237.75 Cr with Charge ID 100742707 was registered on 26 May 2023.

    26 May 2023

  • Director Appointment

    Saroj Bhanji Rathod was appointed as a Director was appointed as a Director on 27 Aug 2022 & has been associated with this company since 2 years 5 months .

    27 Aug 2022

  • Director Appointment

    Vishal Ramesh Vardhan was appointed as a Managing Director was appointed as a Managing Director on 29 Mar 2019 & has been associated with this company since 5 years 10 months .

    29 Mar 2019

  • Director Appointment

    Trishala Mahendra Kanungo was appointed as a Cfo was appointed as a Cfo on 29 Mar 2019 & has been associated with this company since 5 years 10 months .

    29 Mar 2019

Frequently asked questions

  • Vardhman Concrete Limited was incorporated on 23 Oct 1982.

  • The authorized share capital of Vardhman Concrete Limited is ₹ 25.00 Cr and paid-up capital is ₹ 7.31 Cr.

  • Currently 6 directors are associated with Vardhman Concrete Limited.

    • Vishal Ramesh Vardhan
    • Saroj Bhanji Rathod
    • Trishala Mahendra Kanungo
    • Krati Patel
    • Ramesh Babulal Vardhan
    • Rajesh Babulal Vardhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Concrete Limited is Survey No-35/10 Malohop Village Khalapur Raigad India, Thane, Maharashtra, 410206.

  • The corporate identification number (CIN) of Vardhman Concrete Limited is L99999MH1982PLC028556 and the company number is 028556 as per Ministry of Corporate Affairs (MCA).

  • Yes, Vardhman Concrete Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Vardhman Concrete Limited is https://www.vardhmandevelopers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Concrete Limited has fallen by -18.13%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Concrete Limited has experienced an downturn of -5.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Concrete Limited amount to ₹ 239.46 Cr.

  • The most recent Balance Sheet for Vardhman Concrete Limited was filed with the ROC on 31 Mar 2024.

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