
About Vishal Infrastructure Limited
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Vishal Infrastructure Limited is a public limited company based in Secunderabad, Andhra Pradesh, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 06 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45200AP1990PLC011448. Its GSTIN is 37AABCM3918R1ZW (Andhra Pradesh). The company holds 27 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹7.27 Cr. It was formerly known as M. K. Builders Pvt Ltd and M. K. Builders Ltd. It is led by directors including Milind Kumar Deshpande (Managing Director) and Venkatarao Gopalakrishna Kirankumar.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.1 Anugriha Apartments 225/A Plot No.9 West Maredpally, Secunderabad, Andhra Pradesh, India – 500026.
As per the financials filed for FY 2025, the company reported a revenue of ₹610.78 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹23.74 Cr (net margin 3.9%) and EBITDA of ₹43.46 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 7% over five years.
The company has about 435 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Earnhance and Vishal Infrastructure Ltd. As per MCA filings, the company has open charges of ₹483.86 Cr and satisfied charges of ₹412.79 Cr on record. Court records list 175 cases involving the company, including 85 filed by the company and 90 filed against it; 20 cases are pending. The company has 18 deals on record (15 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.33 Cr; the latest was in September 2023. Its 3 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 1 larger and 2 smaller; the largest is Shraddha Energy and Infraprojects Private Limited with revenue of ₹619.89 Cr. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 176 overdue payments to 49 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vishalinfra.com.
Company details
Name history
Vishal Infrastructure has undergone 2 name changes throughout its history. The company was previously known as M. K. Builders Pvt Ltd, and M. K. Builders Ltd. The current legal name is Vishal Infrastructure Limited.
| Company Name | Status |
|---|---|
| Vishal Infrastructure Limited | Current |
| M. K. Builders Pvt Ltd | Previous |
| M. K. Builders Ltd | Previous |
CIN history
Vishal Infrastructure has one previous CIN (Corporate Identification Number): L45200AP1990PLC011448. The current CIN is U45200AP1990PLC011448, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200AP1990PLC011448 | Current |
| L45200AP1990PLC011448 | Previous |
Contact details
Vishal Infrastructure Limited's registered office is in Secunderabad, Andhra Pradesh. Its website is vishalinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1 Anugriha Apartments 225/A Plot No.9 West Maredpally, Secunderabad, Andhra Pradesh, India – 500026
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Vishal Infrastructure Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Vishal Infrastructure operates two associated brands: Earnhance and Vishal Infrastructure Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An app-based platform for micro investments and savings management. | earnhance.in | |
| Infrastructure construction services including airports, highways, bridges, and buildings in India. | vishalinfra.com |
Business activity
The main business activity of Vishal Infrastructure is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Vishal Infrastructure Limited, buy the company report.
Financials of Vishal Infrastructure Limited
FY 2025 filings availableVishal Infrastructure Limited reported revenue of ₹610.78 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 4% growth in the latest year. EBITDA fell 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹610.78 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vishal Infrastructure Limited, buy the company report.
Board of directors of Vishal Infrastructure Limited
Vishal Infrastructure has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatarao Gopalakrishna Kirankumar | Director | 26 May 2017 | 9 Years 5 Months | Current |
| Ranjana Gera | Director | 02 Jul 2014 | 12 Years 4 Months | Current |
| Milind Kumar Deshpande | Managing Director | 01 Apr 2010 | 16 Years 7 Months | Current |
Peer comparison
Vishal Infrastructure Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shraddha Energy and Infraprojects Private Limited | ₹619.89 Cr (FY 2025) | -14.0% | Maharashtra, India | |||
| Vishal Infrastructure Limitedthis company | ₹610.78 Cr (FY 2025) | ₹23.74 Cr | 3.9% | 4.0% | 435 | Secunderabad, Andhra Pradesh, India |
| Raj Shyama Constructions Private Limited | ₹606.03 Cr (FY 2024) | 34.0% | Delhi, India | |||
| DRN Infrastructure Private Limited | ₹592.24 Cr (FY 2024) | -14.0% | Hubli, Karnataka, India |
To see the full peer comparison of Vishal Infrastructure Limited, buy the company report.
Auditor
Vishal Infrastructure Limited is audited by T. VENKATESWARA RAO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. VENKATESWARA RAO | FY 2025 |
Shareholding
The shareholding of Vishal Infrastructure Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vishal Infrastructure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2025 | 101129106 | Hdfc Bank Limited | ₹45.2 Cr | Open | |
| 05 May 2025 | 101095928 | Hdfc Bank Limited | ₹30.3 Lakh | Open | |
| 27 Feb 2025 | 101055255 | Others | ₹74.24 Lakh | Open | |
| 28 Jan 2025 | 101047586 | Hdfc Bank Limited | ₹27 Cr | Open | |
| 04 Jan 2025 | 101051731 | Hdfc Bank Limited | ₹70.41 Lakh | Open |
To see the full charge records of Vishal Infrastructure Limited, buy the company report.
Total charge records: 92 View all charges
Deals & funding
Vishal Infrastructure Limited has 18 deals on record (15 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.33 Cr; the latest was in September 2023.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: Milind Kumar Deshpande HUF Seller: an individual |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: Milind Kumar Deshpande HUF Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Milind Kumar Deshpande HUF Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Milind Kumar Deshpande HUF Seller: an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Milind Kumar Deshpande HUF Seller: an individual |
To see the full deal history of Vishal Infrastructure Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vishal Infrastructure Limited has 175 court cases on record: 85 filed by Vishal Infrastructure, 90 filed against it. 20 cases are pending and 155 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 87 | 60 | 9 |
| High courts | 85 | 29 | 11 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 175)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Sycon Infra Pvt Ltd., | Pending |
| High Court of Kerala | Arbitration matter | Filed against the company by Paulose George Construction Company Pvt. Ltd | Pending |
| District court, Ernakulam, Kerala | Court case (AS) | Filed against the company by Ms Paulose George Construction Company Pvt Ltd | Pending |
| High Court | Court case (OP(C)) | Filed by the company against Paulose George Construction Company Pvt Ltd and 1 other | Pending |
| High Court | Arbitration matter | Filed against the company by Paulose George Construction Company Pvt Ltd | Disposed |
To see the full case history of Vishal Infrastructure Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Vishal Infrastructure Limited was last rated by Indiarating on 10 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 10 Jul 2020 |
To see the full credit ratings and regulatory alerts of Vishal Infrastructure Limited, buy the company report.
MSME payment delays
Vishal Infrastructure Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 176 overdue payments to 49 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 49)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Cube Concrete Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Krishna Consultancy Services |
To see the full MSME payment records of Vishal Infrastructure Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vishal Infrastructure Limited has a workforce of 435 employees on its EPFO records as of Feb 20, 2026, across 5 active EPFO establishments.
GST
Vishal Infrastructure has 27 GST registrations: 18 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCM3918R1ZW | Andhra Pradesh | Active | 26 Dec 2018 |
| 08AABCM3918R1ZX | Rajasthan | Active | 01 Jul 2017 |
| 09AABCM3918R1ZV | Uttar Pradesh | Active | 01 Jul 2017 |
| 18AABCM3918R1ZW | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vishal Infrastructure Limited, buy the company report.
Recent activity
Vishal Infrastructure Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Kanti Gajanana Hegde ceased to be Company Secretary on 25 Jun 2020.
165 earlier events are in the company report.
Frequently asked questions
Vishal Infrastructure is an active public limited company based in Secunderabad, Andhra Pradesh, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 06 July 1990 (36+ years old) and is registered under CIN U45200AP1990PLC011448.
Vishal Infrastructure has 3 current directors:
- Milind Kumar Deshpande - Managing Director
- Venkatarao Gopalakrishna Kirankumar - Director
- Ranjana Gera - Director
The latest financial statements of Vishal Infrastructure on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vishal Infrastructure is 37AABCM3918R1ZW, registered in Andhra Pradesh. The company has 27 GST registrations in all, of which 18 are active and 9 are cancelled or inactive. Other active GSTINs include 08AABCM3918R1ZX (Rajasthan), 09AABCM3918R1ZV (Uttar Pradesh), 18AABCM3918R1ZW (Assam).
The CIN (Corporate Identification Number) of Vishal Infrastructure is U45200AP1990PLC011448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishal Infrastructure has 175 court cases on record: 85 filed by the company and 90 filed against it. 20 are pending. Most are in the district courts.
Vishal Infrastructure was incorporated on 06 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Vijayawada.
Vishal Infrastructure has 18 deals on record (15 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.33 Cr; the latest was in September 2023.
The peers of Vishal Infrastructure by revenue are Shraddha Energy and Infraprojects Private Limited, Raj Shyama Constructions Private Limited, DRN Infrastructure Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Kanti Gajanana Hegde ceased to be Company Secretary on 25 Jun 2020. Venkatarao Gopalakrishna Kirankumar was appointed as Director on 26 May 2017. Kedarnath Mudda Veerabhadrappa ceased to be Director on 05 Apr 2017. Vishal Infrastructure has 12 board changes on record in total.
Vishal Infrastructure has 7 MSME Form 1 returns on record between 2022 and 2024, listing 176 overdue payments to 49 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Vishal Infrastructure can be reached through the website vishalinfra.com. Its registered office is in Secunderabad, Andhra Pradesh, India.

