
About Vasa Group
Vasa Group is a publicly listed company based in Mumbai (India) founded in 1994 by Bhupendra Vasa. Stationery products and raw materials are manufactured and traded. The company has 8 employees. Vasa Group offers products and services including Writing Instruments and Paper Products. Its focus areas include Consumer Goods and Stationery & Gifting Products. Its legal entity in India is Vasa Retail And Overseas Limited (L74110MH2017PLC301013).
Company details
Vasa Group was founded in 1994 and is headquartered in Mumbai, India. Manufacturing and trading activities are centered on stationery items, including art and craft products, bags, books, water bottles, and writing instruments. Raw materials such as copier papers, bag fabrics, and paper pulps are also supplied. The company operates within the stationery and materials sector, serving domestic markets from its Indian base.
- Headquarters Mumbai, India
- Employees 8
- Founders Bhupendra Vasa
- Stage Public
- SectorsConsumer
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website vasagroup.in
- Social LinkedIn
- Legal Name Vasa Retail & Overseas Ltd.
- Market Cap₹2.10 Cr
VASA-SM · NSE
- Share Price₹3.50
0.00% today
- EBITDA−₹0.09 Cr
FY 2025-26
- Net Profit−₹0.09 Cr
FY 2025-26 · +10.0% YoY
- Employee Count8
Associated legal entities of Vasa Group
Vasa Group operates through Vasa Retail And Overseas Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vasa Retail And Overseas Limited Listed CIN L74110MH2017PLC301013 | Active | 20 Oct 2017 | Mumbai, Maharashtra | 8 | 5 | View details |
Products & Services of Vasa Group
Vasa Group offers a comprehensive portfolio of products and services, including Writing Instruments and Paper Products.
Pens, pencils, sharpeners, rulers, highlighters, and markers are manufactured and traded as part of stationery operations.
Notebooks, pads, envelopes, tags, and other paper-related items are provided for various uses.
Board of directors of Vasa Retail And Overseas Limited (Vasa Group)
Vasa Retail And Overseas Limited is the primary company behind Vasa Group. The board of Vasa Retail And Overseas Limited currently have 4 directors; the longest-serving is Hardik Bhupendra Vasa, appointed in 2017. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hardik Bhupendra Vasa DIN 03600510 | Managing Director | 20 Oct 2017 | 9 yrs | Vasa Retail And Overseas Limited |
| Kajal Hardik Vasa DIN 03600495 | Whole-time director | 20 Oct 2017 | 9 yrs | Vasa Retail And Overseas Limited |
| Mahiesh Sankalchand Jaain DIN 07976830 | Director | 09 Nov 2017 | 8 yrs 11 mo | Vasa Retail And Overseas Limited |
| Vikas Rajkumar Goyal DIN 09665353 | Director | 28 Jul 2022 | 4 yrs 2 mo | Vasa Retail And Overseas Limited |
People of Vasa Group
1 people are tracked at Vasa Group (1 in leadership); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Vasa Group
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IPO & Listings of Vasa Group
Vasa Group is a publicly listed company on the NSE with ticker symbol VASA in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date06 Feb 2018
- Listed onNSE: VASA
- Listed entityVasa Retail & Overseas Ltd.
- Exchange sectorProcess industries
- ISININE068Z01016
- Share price₹3.65 (+4.29% on the day) · 2026-10-14
- Market capitalisation₹2.1 Cr
- Volume (last session)16,000
Financials of Vasa Group
Exchange-reported figures of Vasa Retail And Overseas Limited, the listed company behind Vasa Group (NSE: VASA-SM).
Financial Highlights
FY 2025-26 Β· StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 4.46 | 10.99 | 32.06 |
| Revenue growth | - | - | - | -100.0% | -59.4% | -65.7% | - |
| EBITDA | (0.09) | (0.10) | (0.25) | (12.52) | (7.06) | (5.44) | 2.34 |
| EBITDA margin | - | - | - | - | -158.3% | -49.5% | +7.3% |
| Profit before tax | (0.09) | (0.10) | (0.25) | (12.52) | (9.53) | (8.08) | 1.08 |
| Net profit | (0.09) | (0.10) | (0.25) | (12.12) | (9.50) | (8.07) | 0.85 |
| Net profit margin | - | - | - | - | -213.0% | -73.4% | +2.7% |
| EPS (βΉ) | (0.14) | (0.17) | (0.41) | (20.92) | (15.88) | (13.45) | 1.43 |
| Balance sheet | |||||||
| Total assets | 4.65 | 4.68 | 4.70 | 4.74 | 16.12 | 25.61 | 27.97 |
| Net worth | (17.94) | (17.85) | (17.76) | (17.51) | (6.34) | 3.17 | 11.23 |
| Total debt | 22.59 | 22.53 | 22.45 | 22.25 | 22.42 | 22.41 | 16.71 |
| Cash & bank | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 3.69 | 4.51 |
| Net working capital | 4.64 | 4.66 | 4.68 | 4.73 | 15.60 | 24.73 | 26.82 |
| Cash flow | |||||||
| Cash from operations | (0.06) | (0.08) | (0.20) | (0.02) | (1.03) | (3.41) | (1.33) |
| Cash from investing | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.26 | 2.34 |
| Cash from financing | 0.06 | 0.08 | 0.20 | (0.03) | (2.96) | 2.33 | 1.55 |
| Particulars | Mar 2020 |
|---|---|
| Revenue | 14.38 |
| Other income | 0.25 |
| Total expenses | 13.22 |
| EBITDA | 1.16 |
| EBITDA margin | +8.1% |
| Depreciation | 0.08 |
| Interest | 1.09 |
| Profit before tax | 0.24 |
| Tax | 0.03 |
Financial Statements
| Particulars | Mar 2020 |
|---|---|
| Revenue | 14.38 |
| Other income | 0.25 |
| Total expenses | 13.22 |
| EBITDA | 1.16 |
| EBITDA margin | +8.1% |
| Depreciation | 0.08 |
| Interest | 1.09 |
| Profit before tax | 0.24 |
| Tax | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 4.46 | 10.99 | 32.06 |
| Revenue growth | - | - | - | -100.0% | -59.4% | -65.7% | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.68 | 0.29 | 1.03 |
| Total expenses | 0.09 | 0.10 | 0.25 | 12.52 | 11.52 | 16.43 | 29.72 |
| Employee cost | 0.02 | 0.02 | 0.04 | 0.02 | 0.01 | 0.32 | 0.42 |
| EBITDA | (0.09) | (0.10) | (0.25) | (12.52) | (7.06) | (5.44) | 2.34 |
| EBITDA margin | - | - | - | - | -158.3% | -49.5% | +7.3% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.14 | 0.16 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 3.05 | 2.79 | 2.13 |
| Profit before tax | (0.09) | (0.10) | (0.25) | (12.52) | (9.53) | (8.08) | 1.08 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | (0.01) | (0.01) | 0.23 |
| Net profit | (0.09) | (0.10) | (0.25) | (12.12) | (9.50) | (8.07) | 0.85 |
| Net profit margin | - | - | - | - | -213.0% | -73.4% | +2.7% |
| EPS (βΉ) | (0.14) | (0.17) | (0.41) | (20.92) | (15.88) | (13.45) | 1.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.99 | 5.99 | 5.99 | 5.99 | 5.99 | 5.99 | 5.99 |
| Reserves & surplus | (23.93) | (23.84) | (23.75) | (23.50) | (12.33) | (2.82) | 5.24 |
| Shareholders' funds (net worth) | (17.94) | (17.85) | (17.76) | (17.51) | (6.34) | 3.17 | 11.23 |
| Secured loans | 20.96 | 20.96 | 20.96 | 20.96 | 20.96 | 20.65 | 14.80 |
| Unsecured loans | 1.63 | 1.57 | 1.49 | 1.29 | 1.46 | 1.76 | 1.91 |
| Total debt | 22.59 | 22.53 | 22.45 | 22.25 | 22.42 | 22.41 | 16.71 |
| Total liabilities | 4.65 | 4.68 | 4.70 | 4.74 | 16.12 | 25.61 | 27.97 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.69 | 1.20 | 1.18 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 | 0.77 | 0.89 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.74 | 0.74 | 0.74 | 0.74 | 5.29 | 14.55 | 15.96 |
| Sundry debtors | 2.79 | 2.79 | 2.79 | 2.79 | 9.83 | 8.38 | 12.18 |
| Cash & bank balances | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 3.69 | 4.51 |
| Loans & advances | 2.28 | 2.28 | 2.28 | 2.28 | 2.10 | 0.69 | 1.18 |
| Total current assets | 5.81 | 5.81 | 5.81 | 5.81 | 17.28 | 27.31 | 33.83 |
| Total current liabilities | 1.17 | 1.15 | 1.13 | 1.08 | 1.68 | 2.58 | 7.01 |
| Net working capital | 4.64 | 4.66 | 4.68 | 4.73 | 15.60 | 24.73 | 26.82 |
| Total assets | 4.65 | 4.68 | 4.70 | 4.74 | 16.12 | 25.61 | 27.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.00 | 0.00 | 0.00 | 0.06 | 3.69 | 4.51 | 1.95 |
| Net cash from operating activities | (0.06) | (0.08) | (0.20) | (0.02) | (1.03) | (3.41) | (1.33) |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.26 | 2.34 |
| Net cash from financing activities | 0.06 | 0.08 | 0.20 | (0.03) | (2.96) | 2.33 | 1.55 |
| Net change in cash | 0.00 | 0.00 | 0.00 | (0.06) | (3.63) | (0.82) | 2.56 |
| Closing cash | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 3.69 | 4.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | - | - | -100.0% | -59.4% | -65.7% | - |
| EBITDA growth | +10.0% | +60.0% | +98.0% | -77.3% | -29.8% | -332.5% | - |
| PBT growth | +10.0% | +60.0% | +98.0% | -31.4% | -18.0% | - | -47.3% |
| Net income growth | +10.0% | +60.0% | +97.9% | -27.6% | -17.7% | -1049.4% | - |
| Revenue CAGR (3Y) | - | -100.0% | -100.0% | -100.0% | -51.2% | -13.6% | +10.8% |
| EBITDA CAGR (3Y) | -80.7% | -75.8% | -64.2% | - | - | - | +11.2% |
| Profitability & leverage | |||||||
| Net income margin | - | - | - | - | -213.5% | -73.4% | +2.7% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +12.5% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +7.9% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 2.72 | 1.35 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.70 | 0.17 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | -42.60 | -50.00 | 97.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.00 | 0.00 | 0.00 | 4.72 | 9.24 | 28.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.45 | 0.72 | 2.07 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.49 | 1.07 | 3.50 |
| EPS (βΉ) | (0.14) | (0.17) | (0.41) | (20.92) | (15.88) | (13.45) | 1.43 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | (29.93) | (29.79) | (29.62) | (29.21) | (10.57) | 5.30 | 18.75 |
Web traffic of Vasa Group
The website of Vasa Group (vasagroup.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 15% vs previous month
Top companies in Stationery & Gifting Products
3 companies that operate in the same segment as Vasa Group (Stationery & Gifting Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Flowers and gifting products are delivered through an online platform. | 1994 | Delhi, Delhi, India | ||||
Stationery and art materials are manufactured by DOMS in India. | 1976 | Mumbai, Maharashtra, India | USD 247.48 M | 10,900 | ||
Educational content and stationery products are published and manufactured. | 1959 | Mumbai, Maharashtra, India | USD 183.43 M | 3,332 |
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Frequently Asked Questions about Vasa Group
Vasa Group was founded in 1994.
Vasa Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vasa Group has 8 employees.
Vasa Group was founded in 1994 and is headquartered in Mumbai, India. Manufacturing and trading activities are centered on stationery items, including art and craft products, bags, books, water bottles, and writing instruments. Raw materials such as copier papers, bag fabrics, and paper pulps are also supplied. The company operates within the stationery and materials sector, serving domestic markets from its Indian base.
Vasa Group offers Writing Instruments and Paper Products.
Yes, Vasa Group is publicly traded on NSE under the ticker symbol VASA.
Vasa Group operates through Vasa Retail And Overseas Limited.
The legal entities of Vasa Group currently have 5 directors, including Sujay Sudhakar Waikul, Mahiesh Sankalchand Jaain, Hardik Bhupendra Vasa and others.
