
V R F Engineers Pvt Ltd
About V R F Engineers Pvt Ltd
Data last updated:
V R F Engineers Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 20 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32201GJ1986PTC008400. Its GSTIN is 24AABCV4742N1Z2 (Gujarat).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Mahendrakumar Sankalchand Bhalavat and Vivek Mahendrabhai Bhalavat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 15 Hemkoot Complex Opp – Capital Commercial Centre Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.37 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Lakh (net margin 42.8%) and EBITDA of ₹2.63 Lakh (EBITDA margin 49%). Revenue has grown at a compounded annual rate (CAGR) of 154% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
V R F Engineers Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 15 Hemkoot Complex Opp – Capital Commercial Centre Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of V R F Engineers Pvt Ltd, 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
Business activity
The main business activity of V R F Engineers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of V R F Engineers Pvt Ltd, buy the company report.
Financials of V R F Engineers Pvt Ltd
FY 2025 filings availableV R F Engineers Pvt Ltd reported revenue of ₹5.37 Lakh (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.63 Lakh | ||||
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| Net Profit (PAT) | ₹2.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 49% | ||||
| Net Profit Margin | 42.8% | ||||
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To see the full financial statements and ratios of V R F Engineers Pvt Ltd, buy the company report.
Board of directors of V R F Engineers Pvt Ltd
V R F Engineers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendrakumar Sankalchand Bhalavat Also directs: Volga Air Technics Limited | Director | 20 Jan 1986 | 40 Years 9 Months | Current |
| Vivek Mahendrabhai Bhalavat Also directs: Ecoplus Techno Services Private Limited | Director | 12 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
V R F Engineers Pvt Ltd is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GGT Ventures Private Limited | ₹5.38 Lakh (FY 2020) | Kolkata, West Bengal, India | ||||
| Krishna Soya Products Pvt.Ltd. | ₹5.38 Lakh (FY 2025) | -84.0% | Pachore, Madhya Pradesh, India | |||
| Supervijeta Beej Bhandar (OPC) Private Limited | ₹5.38 Lakh (FY 2025) | -40.0% | Hazipur, Bihar, India | |||
| V R F Engineers Pvt Ltdthis company | ₹5.37 Lakh (FY 2024) | ₹2.3 Lakh | 42.8% | -23.0% | Ahmedabad, Gujarat, India | |
| Withmaterial Solutions Private Limited | ₹5.37 Lakh (FY 2017) | 16437.0% | Jaipur, Rajasthan, India | |||
| Arcanum Electronix Private Limited | ₹5.37 Lakh (FY 2025) | -72.0% | Mumbai, Maharashtra, India | |||
| Ignited Nutrition Private Limited | ₹5.37 Lakh (FY 2025) | 92.0% | Hyderabad, Telangana, India | |||
| Nikunj Ispat Private Limited | ₹5.37 Lakh (FY 2020) | 136.0% | Ghaziabad, Uttar Pradesh, India | |||
| Gee Sales & Marketing Private Limited | ₹5.37 Lakh (FY 2023) | -51.0% | Delhi, India | |||
| J.R.Credit Pvtltd | ₹5.37 Lakh (FY 2025) | 14.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of V R F Engineers Pvt Ltd, buy the company report.
Shareholding
The shareholding of V R F Engineers Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of V R F Engineers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 1987 | 90106047 | Ahmedabad Co.Op Bank Ltd. | ₹3 Lakh | Open | |
| 04 Feb 1987 | 90106041 | Bank of India | ₹2 Lakh | Open |
To see the full charge records of V R F Engineers Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
V R F Engineers Pvt Ltd has 1 court case on record: 1 filed by V R F Engineers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ms. Gujarat Exhausters Pvt Ltd | Disposed |
To see the full case history of V R F Engineers Pvt Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V R F Engineers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V R F Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV4742N1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V R F Engineers Pvt Ltd, buy the company report.
Recent activity
V R F Engineers Pvt Ltd has 4 board changes on record since 1986: 2 appointments and 2 cessations. The latest: Ashokkumar Chandulal Shah ceased to be Director on 06 Jan 2017.
Frequently asked questions
V R F Engineers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 20 January 1986 (40+ years old) and is registered under CIN U32201GJ1986PTC008400.
V R F Engineers has 2 current directors:
- Mahendrakumar Sankalchand Bhalavat - Director
- Vivek Mahendrabhai Bhalavat - Director
The latest financial statements of V R F Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of V R F Engineers is 24AABCV4742N1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of V R F Engineers is U32201GJ1986PTC008400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V R F Engineers has 1 court case on record: 1 filed by the company.
V R F Engineers was incorporated on 20 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of V R F Engineers by revenue are GGT Ventures Private Limited, Krishna Soya Products Pvt.Ltd, Supervijeta Beej Bhandar (OPC) Private Limited, Withmaterial Solutions Private Limited, Arcanum Electronix Private Limited and 4 more, all in the same principal business activity (wholesale trading).
Ashokkumar Chandulal Shah ceased to be Director on 06 Jan 2017. Rajnikant Sankalchand Bhalawat ceased to be Director on 06 Jan 2017. Vivek Mahendrabhai Bhalavat was appointed as Director on 12 Apr 2013. V R F Engineers has 4 board changes on record in total.
The registered office of V R F Engineers is at B – 15 Hemkoot Complex Opp – Capital Commercial Centre Ashram Road, Ahmedabad, Gujarat, India – 380009.
V R F Engineers operates in the trading industry, in the wholesale segment.

