Vishal Bearings Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 10.79 Cr
- Company Age 33 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 54.66 Cr
- Satisfied Charges ₹ 0.80 M
- Revenue Growth 5.84%
- Profit Growth 18.49%
- Ebitda 30.77%
- Net Worth 30.94%
- Total Assets 0.72%
About Vishal Bearings
Vishal Bearings Limited (VBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 July 1991 and has a history of 33 years and eight months. Its registered office is in Rajkot, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539398.
The Corporate was formerly known as Vishal Bearings Private Limited. The Company is engaged in the Automotive 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 12.00 Cr and a paid-up capital of Rs 10.79 Cr.
The company currently has active open charges totaling ₹54.66 Cr. The company has closed loans amounting to ₹0.80 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vishal Bearings Limited India are Vishal Changela as CFO and Ketankumar Savaliya as Company Secretary. Vijay Changela, Divyeshkumar Changela, Dilipkumar Changela, and Three other members serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29130GJ1991PLC016005
- Company No.
016005
- Stock Symbol
BSE : 539398
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jul 1991
- Date of AGM
10 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Automotive
Machinery and Equipment
What products or services does Vishal Bearings Limited offer?
Vishal Bearings Limited offers a wide range of products and services, including Ball Bearing Assemblies & Components, Bearing Rollers, Ball Bearings and Bearing Assemblies, Roller Bearings.
Vishal Bearings Limited
Explore comprehensive data for Vishal Bearings Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vishal Bearings?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Changela  | CFO | 11-May-2015 | Current |
| Dilipkumar Changela | Managing Director | 24-Jul-1991 | Current |
| Ketankumar Savaliya | Company Secretary | 05-Jul-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Changela | Whole-Time Director | 28-Aug-2023 | Current |
| Divyeshkumar Changela | Whole-Time Director | 28-Aug-2023 | Current |
| Amee Dadhania | Director | 27-Aug-2019 | Current |
| Abhishek Bardia | Director | 28-Aug-2023 | Current |
| Amit Nindroda | Director | 29-Aug-2022 | Current |
Financial Performance of Vishal Bearings.
Vishal Bearings Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.84% increase. The company also saw a substantial improvement in profitability, with a 18.49% increase in profit. The company's net worth Soared by an impressive increase of 30.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vishal Bearings?
In 2022, Vishal Bearings had a promoter holding of 70.74% and a public holding of 29.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Virdeep Engineering Private LimitedDivyeshkumar Changela is a mutual person
Rexton Rubbers Private LimitedAmit Nindroda is a mutual person
Virdeep Bearing Rollers LlpVijay Changela, Divyeshkumar Changela and 1 more are mutual person
- Virdeep Rollers Pvt Ltd
Vijay Changela and Divyeshkumar Changela are mutual person
Charges (Loans)
Open Charges
₹54.66 Cr
Satisfied Charges
₹0.08 Cr
Charges Breakdown by Lending Institutions
- Others : 49.02 Cr
- Sidbi : 5.64 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2023 | Sidbi | ₹4.10 Cr | Open |
| 04 Dec 2023 | Sidbi | ₹1.54 Cr | Open |
| 28 Sep 2022 | Others | ₹1.00 Cr | Open |
| 28 Jan 2022 | Others | ₹2.40 Cr | Open |
| 17 Jul 2020 | Others | ₹3.16 Cr | Open |
How Many Employees Work at Vishal Bearings?
Vishal Bearings has a workforce of 104 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vishal Bearings, 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 Vishal Bearings's trajectory.
Rating
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
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 Vishal Bearings
Recent activity within the organization
- Charges
A charge with Others of Rs. 42.46 Cr registered on 20 Apr 2009 with Charge ID 10156263 was modified on 26 Oct 2024.
- Annual General Meeting
Vishal Bearings Limited last Annual general meeting of members was held on 10 Aug 2024 as per latest MCA records.
- Balance Sheet
Vishal Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Sidbi amounted to Rs. 4.10 Cr with Charge ID 100836782 was registered on 05 Dec 2023.
- Charges
A charge with Sidbi amounted to Rs. 1.54 Cr with Charge ID 100836778 was registered on 04 Dec 2023.
- Director Appointment
Vijay Vrajlal Changela was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Aug 2023 & has been associated with this company since 1 year 7 months .
Recent News, Updates & Announcement
Vishal Bearings' Quarterly Numbers: Net Sales, Profit, and EBITDA Soar, Shares Close at Record Highs with Impressive Returns in 6 and 12 Months!.When you check your stocks and see Vishal Bearings' quarterly numbers: - Net sales up 21.92% - Net profit up 91.25% - EBITDA up 81.41% - EPS increased to Rs. 5.40 - Shares closed at 98.25 - 96.50% returns in 6 months - 52.68% returns in 12 months #Winning #VishalBearings #QuarterlyResults #StockMarketGains #MoneyMoves.
- Vishal Bearing: Outcome of board meeting.
We would like to inform you that Meeting of Board of Directors of the Company was held on April 18, 2017..
Frequently asked questions
What is the Incorporation or founding date of Vishal Bearings Limited?
Vishal Bearings Limited was incorporated on 24 Jul 1991.
What is authorized share capital and paid-up capital of Vishal Bearings Limited?
The authorized share capital of Vishal Bearings Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.79 Cr.
Who are the current board members & directors of Vishal Bearings Limited?
Currently 8 directors are associated with Vishal Bearings Limited.
- Vishal Vrajlal Changela
- Vijay Vrajlal Changela
- Divyeshkumar Hiralal Changela
- Dilipkumar Gordhandas Changela
- Amee Ketankumar Dadhania
- Abhishek Bardia
- Ketankumar Vallabhbhai Savaliya
- Amit Pravinbhai Nindroda
What is the registered address of Vishal Bearings Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vishal Bearings Limited is Survey No 22/1 Plot 1Shapar Main Road Shapar (Veraval) India, Rajkot, Gujarat, 360002.
What is the corporate identification number (CIN) and company number of Vishal Bearings Limited?
The corporate identification number (CIN) of Vishal Bearings Limited is L29130GJ1991PLC016005 and the company number is 016005 as per Ministry of Corporate Affairs (MCA).
Is Vishal Bearings Limited registered with any stock exchange in India?
Yes, Vishal Bearings Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Vishal Bearings Limited?
The Official website of Vishal Bearings Limited is https://www.vishalbearings.com
What has been the recent revenue trend for Vishal Bearings Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vishal Bearings Limited has risen by 5.84%.
How many employees does Vishal Bearings Limited currently have?
As Per 2023 financial reports, 104 employees are currently employed by Vishal Bearings Limited.
What change has been observed in the net worth of Vishal Bearings Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vishal Bearings Limited has experienced an upsurge of 30.94%.
What are the total open charges for Vishal Bearings Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vishal Bearings Limited amount to ₹ 54.66 Cr.
When was the last Balance Sheet of Vishal Bearings Limited filed with the ROC?
The most recent Balance Sheet for Vishal Bearings Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
UG
Urja GamiDirectorRS
Rakesh SavaniDirectorNP
Niteshkumar PatelDirectorGC
Girishchandra ChangelaDirectorKS
Kishan SurejaDirectorVC
Vrajlal ChangelaWholetime DirectorHC
Hiralal ChangelaWholetime Director
Similar Companies Based on Industrial Machinery Manufacturing
Ceat Limited Mumbai, Maharashtra, India
Cummins India Limited Pune, Maharashtra, India
Cummins Technologies India Private Limited Pune, Maharashtra, India
Caterpillar India Private Limited Chennai, Tamil Nadu, India
Mrf Limited Chennai, Tamil Nadu, India
Bosch Limited Bangaluru, Karnataka, India
Balkrishna Industries Limited Aurangabad, Maharashtra, India
Fiat India Automobiles Private Limited Pune, Maharashtra, India