India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,055 Narinder Kumar Bansal & family ₹2,500 Cr
- #1,202 Darshan Kumar Gupta & family ₹2,000 Cr
Revenue · FY 2025
₹1,736.23 Cr
▼ 11% YoY
Net profit · FY 2025
₹297.86 Cr
Net margin 17.2%
EBITDA · FY 2025
₹450.29 Cr
EBITDA margin 25.9%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹43.39 Cr
Issued & subscribed
Open charges
₹3,435.79 Cr
Satisfied ₹269.5 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
1,531
Provident fund records
About VRC Constructions (India) Limited
Data last updated:
VRC Constructions (India) Limited is a public limited company based in Delhi, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 March 1996 and has been in existence for over 30 years.
Its director Narinder Kumar Bansal and family are #1,055 among India's richest people (2026). Its director Darshan Kumar Gupta and family are #1,202 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL1996PLC077388. Its GSTIN is 07AAACV2339J1ZA (Delhi). The company holds 18 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹43.39 Cr. It is led by directors including Darshan Kumar Gupta (Managing Director) and Narinder Kumar Bansal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.16 Vrc Tower Paschim Vihar Ext. Rohtak Road Paschim, Vihar, Delhi, India – 110063.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,736.23 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹297.86 Cr (net margin 17.2%) and EBITDA of ₹450.29 Cr (EBITDA margin 25.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 35% over five years.
The company has about 1,531 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: VRC Constructions. As per MCA filings, the company has open charges of ₹3,435.79 Cr and satisfied charges of ₹269.5 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹43.76 Cr; the latest was in August 2023. Its 5 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 2 smaller; the largest is NKC Projects Private Limited with revenue of ₹2,114.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrccon.com.
Company details
CIN U45201DL1996PLC077388
Registration Number 077388
Incorporation Date 20 March 1996
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
VRC Constructions (India) has one previous CIN (Corporate Identification Number): U45201DL1996PTC077388. The current CIN is U45201DL1996PLC077388, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201DL1996PLC077388 | Current |
| U45201DL1996PTC077388 | Previous |
Key People
Darshan Kumar Gupta Managing Director Narinder Kumar Bansal Whole-Time Director Chander Shekhar Bansal Whole-Time Director Recognitions & Rankings of VRC Constructions (India)
Contact details
VRC Constructions (India) Limited's registered office is in Delhi, Delhi. Its website is vrccon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.16 Vrc Tower Paschim Vihar Ext. Rohtak Road Paschim, Vihar, Delhi, India – 110063
- IndustryInfrastructure and Utilities, General Construction Services, Road & Bridge Construction
To see the full contact details of VRC Constructions (India) Limited, buy the company report.
Comprehensive company report
VRC Constructions (India) Limited - one report that includes everything
- 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
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Brands
VRC Constructions (India) operates one associated brand: VRC Constructions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services in infrastructure, oil and gas, and real estate are provided by VRC Constructions in India. | vrcgroup.in |
Business activity
The main business activity of VRC Constructions (India) 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 VRC Constructions (India) Limited, buy the company report.
Financials of VRC Constructions (India) Limited
FY 2025 filings availableVRC Constructions (India) Limited reported revenue of ₹1,736.23 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹1,736.23 Cr ▼ 11%
Net profit · FY 2025
₹297.86 Cr margin 17.2%
EBITDA · FY 2025
₹450.29 Cr margin 25.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 26%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 40%
5 years · compounded
▲ 58%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 9% 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 | ₹1,736.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹450.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹297.86 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.9% | ||||
| Net Profit Margin | 17.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of VRC Constructions (India) Limited, buy the company report.
Board of directors of VRC Constructions (India) Limited
VRC Constructions (India) has 10 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chokha Ram Garg Also directs: Yogiji Digi Limited | Additional Director | 21 Dec 2024 | 1 Years 10 Months | Current |
| Dhruv Gupta Also directs: VRC BG Highways Private Limited, VRC BV Highways Private Limited, VRC Hotels Private Limited and 2 more | Director | 07 Mar 2023 | 3 Years 7 Months | Current |
| Kanishq Bansal Also directs: VRC BG Highways Private Limited, VRC BV Highways Private Limited, VRC Hotels Private Limited and 3 more | Director | 07 Mar 2023 | 3 Years 7 Months | Current |
| Darshan Kumar Gupta Also directs: VRC Arjan Developers Limited., VRC BG Highways Private Limited, VRC Sr Highways Private Limited and 5 more | Managing Director | 01 Jun 2002 | 24 Years 4 Months | Current |
| Vijay Kumar Singal | Additional Director | 21 Dec 2024 | 1 Years 10 Months | Current |
| Ajay Kumar Bansal Also directs: VRC Sr Highways Private Limited, VRC DC Highways Private Limited, VRC Sr Highways Private Limited and 5 more | Director | 25 May 2006 | 20 Years 4 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
VRC Constructions (India) Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| NKC Projects Private Limited | ₹2,114.94 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| Vensar Constructions Company Limited | ₹2,039.44 Cr (FY 2025) | 33.0% | Hyderabad, Telangana, India | |||
| Simplex Infrastructures Limited | ₹1,961.86 Cr (FY 2023) | -6.0% | Kolkata, West Bengal, India | |||
| VRC Constructions (India) Limitedthis company | ₹1,736.23 Cr (FY 2025) | ₹297.86 Cr | 17.2% | -11.0% | 1,531 | Delhi, India |
| Ravi Infrabuild Projects Limited | ₹1,649.23 Cr (FY 2025) | 17.0% | Udaipur, Rajasthan, India | |||
| SMC Infrastructures Private Limited | ₹1,618.73 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of VRC Constructions (India) Limited, buy the company report.
Auditor
VRC Constructions (India) Limited is audited by A N GARG & COMPANY for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N GARG & COMPANY | FY 2025 | 004616N |
Shareholding
The shareholding of VRC Constructions (India) 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 VRC Constructions (India) Limited, buy the company report.
Charges & borrowings
Open charges
₹3,435.79 Cr
Satisfied charges
₹269.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2026 | 101225215 | Others | ₹31 Lakh | Open | |
| 08 Jan 2026 | 101226559 | Hdfc Bank Limited | ₹2.38 Cr | Open | |
| 16 Dec 2025 | 101209506 | Hdfc Bank Limited | ₹29.92 Lakh | Open | |
| 08 Dec 2025 | 101225213 | Others | ₹19.32 Lakh | Open | |
| 18 Oct 2025 | 101185365 | Yes Bank Limited | ₹1.47 Cr | Open |
To see the full charge records of VRC Constructions (India) Limited, buy the company report.
Total charge records: 175 View all charges
Deals & funding
VRC Constructions (India) Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹43.76 Cr; the latest was in August 2023.
Total deals
11
Secondary share transfers
7
Funding rounds
4
Disclosed funding
₹43.76 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Alstone Textiles (India) Limited , Kesari Lab Electronics Private Limited, S.G.A. Securities Private Limited , an individual |
| Mar 2007 | Funding round | ₹4.12 Cr | Investors: Alstone Textiles (India) Limited , Thar Steels Private Limited , Tejasvi Investments Private Limited , an individual |
To see the full deal history of VRC Constructions (India) 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
VRC Constructions (India) Limited has 8 court cases on record: 4 filed by VRC Constructions (India), 4 filed against it. 4 cases are pending and 4 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 2 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Gawar Construction Ltd and 1 other | Pending |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Indian Oil Corporation Ltd & Anr | Pending |
| District court, Sirsa, Haryana | Civil suit | Filed by the company against individuals | Pending |
| District court, Sirsa, Haryana | Court case (CS37) | Filed by the company against an individual | Pending |
| District court, Moga, Punjab | Civil suit | Filed against the company | Disposed |
To see the full case history of VRC Constructions (India) 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
VRC Constructions (India) Limited was last rated by Icra on 15 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Mar 2021 |
To see the full credit ratings and regulatory alerts of VRC Constructions (India) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VRC Constructions (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
VRC Constructions (India) has 6 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
6
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| VRC DC Highways Private Limited | U45203DL2021PTC376925 | |
| VRC Sr Highways Private Limited | U45204DL2021PTC389593 | |
| VRC MB Highways Private Limited | U45209DL2022PTC392153 | |
| VRC Ac Highways Private Limited | U45309DL2022PTC408790 | |
| VRC Silos Private Limited | U45400DL2017PTC310181 | |
| VRC Hotels Private Limited | U55101DL2019PTC347461 |
To see the full group structure of VRC Constructions (India) Limited, buy the company report.
Employees & EPFO
VRC Constructions (India) Limited has a workforce of 1,531 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
1,531
Active EPFO establishments
1
Employee growth
38.43%
GST
VRC Constructions (India) has 18 GST registrations: 13 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
18
Active
13
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACV2339J1ZA | Delhi | Active | 01 Jul 2017 |
| 07AAACV2339J4Z7 | Delhi | Active | 01 Apr 2025 |
| 03AAACV2339J1ZI | Punjab | Active | 01 Jul 2017 |
| 06AAACV2339J1ZC | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VRC Constructions (India) Limited, buy the company report.
Recent activity
VRC Constructions (India) Limited has 19 board changes on record since 1996: 10 appointments and 9 cessations. The latest: Chokha Ram Garg was appointed as Additional Director on 21 Dec 2024.
Charges
A charge registered on 21 Sep 2023 via Charge ID 100803161 with Hdfc Bank Limited was fully satisfied on 03 Feb 2026.
Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 101225215 was registered on 28 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.38 Cr with Charge ID 101226559 was registered on 08 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101209506 was registered on 16 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101225213 was registered on 08 Dec 2025.
Charges
A charge registered on 28 Feb 2023 via Charge ID 100685921 with Yes Bank Limited was fully satisfied on 08 Dec 2025.
Charges
A charge registered on 25 Aug 2022 via Charge ID 100619541 with Hdfc Bank Limited was fully satisfied on 08 Dec 2025.
Charges
A charge registered on 30 Jan 2023 via Charge ID 100682337 with Yes Bank Limited was fully satisfied on 05 Dec 2025.
Charges
A charge registered on 13 Mar 2023 via Charge ID 100705470 with Yes Bank Limited was fully satisfied on 04 Dec 2025.
Charges
A charge registered on 28 Dec 2022 via Charge ID 100657523 with Yes Bank Limited was fully satisfied on 14 Nov 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 1.47 Cr with Charge ID 101185365 was registered on 18 Oct 2025.
Charges
A charge registered on 17 Oct 2023 via Charge ID 100809214 with Hdb Financial Services Limited was fully satisfied on 17 Oct 2025.
310 earlier events are in the company report.
Frequently asked questions
VRC Constructions (India) is an active public limited company based in Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 March 1996 (30+ years old) and is registered under CIN U45201DL1996PLC077388.
VRC Constructions (India) has 10 current directors:
- Darshan Kumar Gupta - Managing Director
- Narinder Kumar Bansal - Whole-Time Director
- Chander Shekhar Bansal - Whole-Time Director
- Rajiv Kumar Gupta - Whole-Time Director
- Chokha Ram Garg - Additional Director
- Dhruv Gupta - Director
- Kanishq Bansal - Director
- Vijay Kumar Singal - Additional Director
- Ajay Kumar Bansal - Director
- Vaishali Gupta - Additional Director
The latest financial statements of VRC Constructions (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of VRC Constructions (India) is 07AAACV2339J1ZA, registered in Delhi. The company has 18 GST registrations in all, of which 13 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACV2339J4Z7 (Delhi), 03AAACV2339J1ZI (Punjab), 06AAACV2339J1ZC (Haryana).
The CIN (Corporate Identification Number) of VRC Constructions (India) is U45201DL1996PLC077388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VRC Constructions (India) has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
VRC Constructions (India) was incorporated on 20 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
VRC Constructions (India) has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹43.76 Cr; the latest was in August 2023.
The peers of VRC Constructions (India) by revenue are NKC Projects Private Limited, Vensar Constructions Company Limited, Simplex Infrastructures Limited, Ravi Infrabuild Projects Limited, SMC Infrastructures Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Chokha Ram Garg was appointed as Additional Director on 21 Dec 2024. Vaishali Gupta was appointed as Additional Director on 21 Dec 2024. Vijay Kumar Singal was appointed as Additional Director on 21 Dec 2024. VRC Constructions (India) has 19 board changes on record in total.
VRC Constructions (India) can be reached through the website vrccon.com. Its registered office is in Delhi, India.