Vardhman Industries Limited

Manufactures steel products and precision tubes in Ludhiana and Mumbai.

1984 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 15, 2025

Vardhman Industries Profile

Key Indicators

  • Authorised Capital ₹ 63.50 Cr
  • Paid Up Capital ₹ 63.50 Cr
  • Company Age 40 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 357.51 Cr
  • Revenue Growth 28.44%
  • Profit Growth -56.11%
  • Ebitda -54.91%
  • Net Worth 18.31%
  • Total Assets 29.43%

About Vardhman Industries

Vardhman Industries Limited (VIL) is Amalgamated company established on 05 Dec 1984 with its office registered at Mumbai, Maharashtra, India and has been running since 40 Year, 2 Months with a paid up capital of 63.50 Cr. According to MCA records, 4 Directors and 2 Signatories are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vardhmanindus.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899MH1984PLC377011

  • Company No.

    019492

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Dec 1984

  • Date of AGM

    19 Jul 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Vardhman Industries Limited offer?

Vardhman Industries Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Insulators & Insulation Materials, Insulation Foams, Roofing and False ceiling, GI Sheets, Roofing Sheets, Metal & Metal Made Products, Metal Sheets, Profile Sheets.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Mandeep Singh CEO14-Jul-2022Current
Anil Surya Country flag representing In CFO31-Mar-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Ashwani Sharma Country flag representing In Director 13-Dec-2019Current
Chandrasekaran Prabhakaran Country flag representing In Director 13-Dec-2019Current
Kaustubh Kulkarni Country flag representing In Director 13-Dec-2019Current
Monica Yadav Country flag representing In Director 30-Mar-2022Current

Financial Performance of Vardhman Industries.

Vardhman Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.44% increase. The company also saw a substantial fall in profitability, with a 56.11% decrease in profit. The company's net worth Soared by an impressive increase of 18.31%.

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
28.44%
Revenue from Operations
27.93%
Total Assets
29.43%
Profit or Loss
-56.11%
Net Worth
18.31%
EBITDA
-54.91%

What is the Ownership and Shareholding Structure of Vardhman Industries?

In 2022, Vardhman Industries had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹357.51 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 177.26 Cr
  • Punjab National Bank : 91.99 Cr
  • Idbi Bank Limited : 48.00 Cr
  • Industrial Development Bank Of India : 18.34 Cr
  • Allahabad Bank : 5.00 Cr
  • Others : 16.92 Cr

Latest Charge Details

DateLenderAmountStatus
22 Dec 2012Idbi Bank Limited₹5.50 CrSatisfied
15 Dec 2012State Bank Of India₹17.00 CrSatisfied
04 Jan 2012Idbi Bank Limited₹7.00 CrSatisfied
27 Jul 2011Idbi Bank Limited₹28.50 CrSatisfied
17 Mar 2011Idbi Bank Limited₹7.00 CrSatisfied

How Many Employees Work at Vardhman Industries?

Vardhman Industries has a workforce of 70 employees as of Apr 05, 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 Industries, 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 Industries'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 Industries

Recent activity within the organization

  • Annual General Meeting

    Vardhman Industries Limited last Annual general meeting of members was held on 19 Jul 2022 as per latest MCA records.

    19 Jul 2022

  • Director Appointment

    Mandeep Singh was appointed as a Ceo was appointed as a Ceo on 14 Jul 2022 & has been associated with this company since 2 years 7 months .

    14 Jul 2022

  • Balance Sheet

    Vardhman Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Monica Yadav was appointed as a Director was appointed as a Director on 30 Mar 2022 & has been associated with this company since 2 years 10 months .

    30 Mar 2022

  • Charges

    A charge registered on 22 Dec 2012 via Charge ID 10396524 with Idbi Bank Limited was fully satisfied on 31 Dec 2019.

    31 Dec 2019

  • Charges

    A charge registered on 04 Jan 2012 via Charge ID 10326093 with Idbi Bank Limited was fully satisfied on 31 Dec 2019.

    31 Dec 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Vardhman Industries Limited was incorporated on 05 Dec 1984.

  • The authorized share capital of Vardhman Industries Limited is ₹ 63.50 Cr and paid-up capital is ₹ 63.50 Cr.

  • Currently 6 directors are associated with Vardhman Industries Limited.

    • Chandrasekaran Prabhakaran
    • Ashwani Kumar Sharma
    • Mandeep Singh
    • Anil Kumar Surya
    • Kaustubh Sudhakar Kulkarni
    • Monica Yadav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Industries Limited is Jsw Centre 5Th Floor Bandra Kurla Complex, (East) India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Vardhman Industries Limited is U74899MH1984PLC377011 and the company number is 019492 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vardhman Industries Limited is https://www.vardhmanindus.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vardhman Industries Limited has risen by 28.44%.

  • As Per 2022 financial reports, 70 employees are currently employed by Vardhman Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vardhman Industries Limited has experienced an upsurge of 18.31%.

  • The most recent Balance Sheet for Vardhman Industries Limited was filed with the ROC on 31 Mar 2022.

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