Vasa Group

Mumbai, India Founded: 1994 • Age: 32 yrs Listed
Stationery products and raw materials are manufactured and traded.

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
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website vasagroup.in
  • Social LinkedIn
  • Legal Name Vasa Retail & Overseas Ltd.
Key Metrics
  • 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 Count
    8

Products & Services of Vasa Group

Vasa Group offers a comprehensive portfolio of products and services, including Writing Instruments and Paper Products.

Writing Instruments
Stationery

Pens, pencils, sharpeners, rulers, highlighters, and markers are manufactured and traded as part of stationery operations.

Paper Products
Stationery

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.

DirectorDesignationAppointedTenureEntity
Hardik Bhupendra Vasa
DIN 03600510
Managing Director20 Oct 20179 yrsVasa Retail And Overseas Limited
Kajal Hardik Vasa
DIN 03600495
Whole-time director20 Oct 20179 yrsVasa Retail And Overseas Limited
Mahiesh Sankalchand Jaain
DIN 07976830
Director09 Nov 20178 yrs 11 moVasa Retail And Overseas Limited
Vikas Rajkumar Goyal
DIN 09665353
Director28 Jul 20224 yrs 2 moVasa Retail And Overseas Limited

People of Vasa Group

1 people are tracked at Vasa Group (1 in leadership); the tracked headcount is 8.

NameRoleGroup
FounderLeadership
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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· Standalone
Revenue
₹0.00 Cr
EBITDA
−₹0.09 Cr
+10.0% YoY
Profit After Tax
−₹0.09 Cr
+10.0% YoY
Net Worth
−₹17.94 Cr
-0.5% YoY
Total Assets
₹4.65 Cr
-0.6% YoY
Total Debt
₹22.59 Cr
+0.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.000.000.004.4610.9932.06
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 (β‚Ή)(0.14)(0.17)(0.41)(20.92)(15.88)(13.45)1.43
Balance sheet
Total assets4.654.684.704.7416.1225.6127.97
Net worth(17.94)(17.85)(17.76)(17.51)(6.34)3.1711.23
Total debt22.5922.5322.4522.2522.4222.4116.71
Cash & bank0.000.000.000.000.063.694.51
Net working capital4.644.664.684.7315.6024.7326.82
Cash flow
Cash from operations(0.06)(0.08)(0.20)(0.02)(1.03)(3.41)(1.33)
Cash from investing0.000.000.000.000.350.262.34
Cash from financing0.060.080.20(0.03)(2.96)2.331.55
ParticularsMar 2020
Revenue14.38
Other income0.25
Total expenses13.22
EBITDA1.16
EBITDA margin+8.1%
Depreciation0.08
Interest1.09
Profit before tax0.24
Tax0.03

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsMar 2020
Revenue14.38
Other income0.25
Total expenses13.22
EBITDA1.16
EBITDA margin+8.1%
Depreciation0.08
Interest1.09
Profit before tax0.24
Tax0.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.000.004.4610.9932.06
Revenue growth----100.0%-59.4%-65.7%-
Other income0.000.000.000.000.680.291.03
Total expenses0.090.100.2512.5211.5216.4329.72
Employee cost0.020.020.040.020.010.320.42
EBITDA(0.09)(0.10)(0.25)(12.52)(7.06)(5.44)2.34
EBITDA margin-----158.3%-49.5%+7.3%
Depreciation0.000.000.000.000.100.140.16
Interest0.000.000.000.003.052.792.13
Profit before tax(0.09)(0.10)(0.25)(12.52)(9.53)(8.08)1.08
Tax0.000.000.000.00(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 (β‚Ή)(0.14)(0.17)(0.41)(20.92)(15.88)(13.45)1.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital5.995.995.995.995.995.995.99
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)3.1711.23
Secured loans20.9620.9620.9620.9620.9620.6514.80
Unsecured loans1.631.571.491.291.461.761.91
Total debt22.5922.5322.4522.2522.4222.4116.71
Total liabilities4.654.684.704.7416.1225.6127.97
Assets
Gross block0.000.000.000.000.691.201.18
Net block0.000.000.000.000.400.770.89
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories0.740.740.740.745.2914.5515.96
Sundry debtors2.792.792.792.799.838.3812.18
Cash & bank balances0.000.000.000.000.063.694.51
Loans & advances2.282.282.282.282.100.691.18
Total current assets5.815.815.815.8117.2827.3133.83
Total current liabilities1.171.151.131.081.682.587.01
Net working capital4.644.664.684.7315.6024.7326.82
Total assets4.654.684.704.7416.1225.6127.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.000.000.000.063.694.511.95
Net cash from operating activities(0.06)(0.08)(0.20)(0.02)(1.03)(3.41)(1.33)
Net cash from investing activities0.000.000.000.000.350.262.34
Net cash from financing activities0.060.080.20(0.03)(2.96)2.331.55
Net change in cash0.000.000.00(0.06)(3.63)(0.82)2.56
Closing cash0.000.000.000.000.063.694.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-0.000.000.000.002.721.35
Long-term debt / equity-0.000.000.000.000.700.17
Interest cover0.000.000.000.00-42.60-50.0097.71
Efficiency & per share
Fixed asset turnover-0.000.000.004.729.2428.00
Inventory turnover-0.000.000.000.450.722.07
Debtors turnover-0.000.000.000.491.073.50
EPS (β‚Ή)(0.14)(0.17)(0.41)(20.92)(15.88)(13.45)1.43
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)(29.93)(29.79)(29.62)(29.21)(10.57)5.3018.75

Web traffic of Vasa Group

The website of Vasa Group (vasagroup.in) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Flowers and gifting products are delivered through an online platform.
1994Delhi, Delhi, India
Stationery and art materials are manufactured by DOMS in India.
1976Mumbai, Maharashtra, IndiaUSD 247.48 M10,900
Educational content and stationery products are published and manufactured.
1959Mumbai, Maharashtra, IndiaUSD 183.43 M3,332
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Related news about Vasa Group

Vasa Retail and Overseas to convene board meeting
India Infoline β€’ 1 year ago
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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.

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