About Vallabh Steels Limited
Data last updated:
Vallabh Steels Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 25 November 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L27109PB1980PLC004327. Its GSTIN is 03AAACV5819K1Z9 (Punjab). The company holds 4 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 513397.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.95 Cr. It was formerly known as Vallabh Steels Private Limited. It is led by directors including Suman Jain and Neelam Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at G T Road Village Pawasahnewal Ludhiana, Punjab, India – 141120.
Total assets are valued at ₹23.27 Cr (down 4.8% YoY).
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vallabh Steel and OSWAL. As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹363.67 Cr on record. Court records list 47 cases involving the company, including 31 filed by the company and 16 filed against it; 8 cases are pending. The company has 6 deals on record (6 market trades); the latest was in February 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vallabhsteelsltd.in.
Company details
CIN history
Vallabh Steels has one previous CIN (Corporate Identification Number): U27109PB1980PLC004327. The current CIN is L27109PB1980PLC004327, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27109PB1980PLC004327 | Current |
| U27109PB1980PLC004327 | Previous |
Contact details
Vallabh Steels Limited's registered office is in Ludhiana, Punjab. Its website is vallabhsteelsltd.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG T Road Village Pawasahnewal Ludhiana, Punjab, India – 141120
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Vallabh Steels 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
Vallabh Steels operates two associated brands: Vallabh Steel and OSWAL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial machinery manufacturing company | vallabhgroup.com | |
| High-value steel products are produced annually by Vallabh Steels Ltd., marketed under the brand OSWAL, recognized for quality and excellence. | vallabhsteelsltd.in |
Financials of Vallabh Steels Limited
FY 2025-26 filings availableVallabh Steels Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 | 0.93 | 5.91 | 40.35 |
| Revenue growth | - | - | - | -100.0% | -84.3% | -85.4% | - |
| EBITDA | (0.30) | (0.37) | (0.53) | (8.55) | (7.39) | (18.66) | (11.42) |
| EBITDA margin | - | - | - | - | -794.6% | -315.7% | -28.3% |
| Profit before tax | (1.17) | (1.43) | (1.82) | (10.12) | (9.31) | (21.19) | (17.40) |
| Net profit | (1.17) | (1.42) | (1.79) | (10.07) | (9.22) | (21.06) | (17.82) |
| Net profit margin | - | - | - | - | -991.4% | -356.4% | -44.2% |
| EPS (₹) | (2.37) | (2.86) | (3.61) | (20.33) | (18.66) | (42.53) | (34.79) |
| Balance sheet | |||||||
| Total assets | 23.27 | 24.44 | 25.86 | 27.65 | 37.72 | 47.06 | 68.21 |
| Net worth | (23.24) | (22.07) | (20.66) | (18.87) | (8.81) | 0.43 | 21.45 |
| Total debt | 46.33 | 46.33 | 46.33 | 46.33 | 46.33 | 46.45 | 46.54 |
| Cash & bank | 0.02 | 0.02 | 0.05 | 0.02 | 0.20 | 0.17 | 0.26 |
| Net working capital | 2.35 | 2.65 | 3.02 | 3.54 | 12.10 | 29.24 | 48.20 |
| Cash flow | |||||||
| Cash from operations | 0.00 | (0.02) | 0.03 | 0.00 | (2.18) | 0.21 | (6.41) |
| Cash from investing | 0.00 | 0.00 | 0.00 | 0.00 | 2.32 | (0.02) | (0.15) |
| Cash from financing | 0.00 | (0.01) | 0.00 | 0.00 | (0.12) | (0.28) | 4.79 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.08 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.09 | 0.11 |
| EBITDA | (0.08) | (0.07) | (0.07) | (0.08) | (0.08) | (0.08) | (0.09) | (0.11) |
| Depreciation | 0.18 | 0.22 | 0.22 | 0.22 | 0.22 | 0.26 | 0.26 | 0.26 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.26) | (0.29) | (0.29) | (0.30) | (0.30) | (0.34) | (0.35) | (0.37) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | (0.03) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.08 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.09 | 0.11 |
| EBITDA | (0.08) | (0.07) | (0.07) | (0.08) | (0.08) | (0.08) | (0.09) | (0.11) |
| Depreciation | 0.18 | 0.22 | 0.22 | 0.22 | 0.22 | 0.26 | 0.26 | 0.26 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.26) | (0.29) | (0.29) | (0.30) | (0.30) | (0.34) | (0.35) | (0.37) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | (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 | 0.93 | 5.91 | 40.35 |
| Revenue growth | - | - | - | -100.0% | -84.3% | -85.4% | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.62 |
| Total expenses | 0.30 | 0.37 | 0.53 | 8.55 | 8.32 | 24.57 | 51.77 |
| Employee cost | 0.08 | 0.12 | 0.19 | 0.55 | 0.81 | 2.13 | 3.18 |
| EBITDA | (0.30) | (0.37) | (0.53) | (8.55) | (7.39) | (18.66) | (11.42) |
| EBITDA margin | - | - | - | - | -794.6% | -315.7% | -28.3% |
| Depreciation | 0.87 | 1.06 | 1.29 | 1.58 | 1.92 | 2.34 | 2.85 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.20 | 3.75 |
| Profit before tax | (1.17) | (1.43) | (1.82) | (10.12) | (9.31) | (21.19) | (17.40) |
| Tax | 0.00 | (0.01) | (0.03) | (0.05) | (0.09) | (0.13) | (0.19) |
| Net profit | (1.17) | (1.42) | (1.79) | (10.07) | (9.22) | (21.06) | (17.82) |
| Net profit margin | - | - | - | - | -991.4% | -356.4% | -44.2% |
| EPS (₹) | (2.37) | (2.86) | (3.61) | (20.33) | (18.66) | (42.53) | (34.79) |
| 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 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 |
| Reserves & surplus | (28.19) | (27.02) | (25.61) | (23.82) | (13.76) | (4.52) | 16.50 |
| Shareholders' funds (net worth) | (23.24) | (22.07) | (20.66) | (18.87) | (8.81) | 0.43 | 21.45 |
| Secured loans | 46.33 | 46.33 | 46.33 | 46.33 | 46.33 | 46.45 | 46.54 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 46.33 | 46.33 | 46.33 | 46.33 | 46.33 | 46.45 | 46.54 |
| Total liabilities | 23.27 | 24.44 | 25.86 | 27.65 | 37.72 | 47.06 | 68.21 |
| Assets | |||||||
| Gross block | 70.36 | 70.36 | 70.36 | 70.36 | 70.36 | 72.68 | 72.66 |
| Net block | 7.08 | 7.95 | 9.01 | 10.30 | 11.87 | 16.12 | 18.44 |
| Capital work in progress | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 |
| Investments | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Inventories | 0.50 | 0.50 | 0.50 | 0.59 | 8.36 | 11.35 | 12.40 |
| Sundry debtors | 1.85 | 2.11 | 2.41 | 2.78 | 3.09 | 5.56 | 23.73 |
| Cash & bank balances | 0.02 | 0.02 | 0.05 | 0.02 | 0.20 | 0.17 | 0.26 |
| Loans & advances | 0.64 | 0.65 | 0.64 | 0.72 | 0.87 | 12.83 | 13.23 |
| Total current assets | 3.01 | 3.28 | 3.60 | 4.11 | 12.52 | 29.91 | 49.62 |
| Total current liabilities | 0.66 | 0.63 | 0.58 | 0.57 | 0.42 | 0.67 | 1.42 |
| Net working capital | 2.35 | 2.65 | 3.02 | 3.54 | 12.10 | 29.24 | 48.20 |
| Total assets | 23.27 | 24.44 | 25.86 | 27.65 | 37.72 | 47.06 | 68.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.02 | 0.05 | 0.02 | 0.02 | 0.17 | 0.26 | 2.03 |
| Net cash from operating activities | 0.00 | (0.02) | 0.03 | 0.00 | (2.18) | 0.21 | (6.41) |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | 2.32 | (0.02) | (0.15) |
| Net cash from financing activities | 0.00 | (0.01) | 0.00 | 0.00 | (0.12) | (0.28) | 4.79 |
| Net change in cash | 0.00 | (0.03) | 0.03 | 0.00 | 0.02 | (0.09) | (1.77) |
| Closing cash | 0.02 | 0.02 | 0.05 | 0.02 | 0.20 | 0.17 | 0.26 |
| 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% | -84.3% | -85.4% | - |
| EBITDA growth | +18.9% | +30.2% | +93.8% | -15.7% | +60.4% | -63.4% | - |
| PBT growth | +18.2% | +21.4% | +82.0% | -8.7% | +56.1% | -21.8% | - |
| Net income growth | +17.6% | +20.7% | +82.2% | -9.2% | +56.2% | -18.2% | - |
| Revenue CAGR (3Y) | - | -100.0% | -100.0% | -100.0% | -80.0% | -65.0% | -30.5% |
| EBITDA CAGR (3Y) | -67.3% | -63.1% | -69.5% | -9.2% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | - | - | - | - | -991.4% | -356.4% | -42.7% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -18.6% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -57.1% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.25 | 1.42 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.52 | 0.17 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | -0.11 | -0.95 | -26.28 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.08 | 0.55 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.50 | 2.57 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.40 | 1.23 |
| EPS (₹) | (2.37) | (2.86) | (3.61) | (20.33) | (18.66) | (42.53) | (34.79) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (46.96) | (44.59) | (41.74) | (38.12) | (17.79) | 0.87 | 43.33 |
To see the full year-wise statements and ratios of Vallabh Steels Limited, buy the company report.
Board of directors of Vallabh Steels Limited
Vallabh Steels has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Jain | Director | 06 Jun 2017 | 9 Years 5 Months | Current |
| Neelam Sharma | Director | 29 Jan 2020 | 6 Years 9 Months | Current |
| Manoj Kumar | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
| Rohit Mittal | Director | 07 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Vallabh Steels Limited is audited by K R AGGARWAL AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R AGGARWAL AND ASSOCIATES | FY 2023 | 030088N |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 61.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 38.50%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 61.50% | 61.50% | 61.50% | 61.50% |
| Public | 38.50% | 38.50% | 38.50% | 38.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2015 | 10568648 | Oriental Bank of Commerce | ₹7 Cr | Open | |
| 05 Sep 1988 | 90172725 | Punjab National Bank | ₹59 Cr | Open | |
| 04 May 1987 | 90168104 | Punjab National Bank | ₹59 Cr | Open | |
| 19 Nov 2010 | 10251678 | Allahabad Bank | ₹5 Cr | Satisfied | |
| 06 May 2008 | 10099900 | Punjab & Sind Bank | ₹19 Cr | Satisfied |
To see the full charge records of Vallabh Steels Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Vallabh Steels Limited has 6 deals on record (6 market trades); the latest was in February 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Market trade | ₹4 Lakh | Seller: an individual |
| Apr 2022 | Market trade | ₹2.4 Lakh | Seller: an individual |
| Jan 2018 | Market trade | ₹20.4 Lakh | Buyer: an individual Seller: an individual |
| Jan 2016 | Market trade | ₹25.2 Lakh | Buyer: Tomorrow Technologies Global Innovations Limited |
| Aug 2007 | Market trade | ₹24.8 Lakh | Buyer: an individual Seller: an individual |
To see the full deal history of Vallabh Steels 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
Vallabh Steels Limited has 47 court cases on record: 31 filed by Vallabh Steels, 16 filed against it. 8 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 12 | 2 |
| High courts | 11 | 4 | 1 |
| NCLAT | 5 | 0 | 5 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Sobit Metals Pvt Ltd. | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against Sobit Metals Pvt. Ltd. | Pending |
| High Court, PUNJAB | Writ petition | Filed against the company by M/S Hind Leasing and Finance Limited | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Hind Leasing and Finance Ltd | Disposed |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed by the company against M/S Gromet (India) Pvt Ltd | Disposed |
To see the full case history of Vallabh Steels 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
Vallabh Steels Limited was last rated by Crisil on 30 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jun 2021 |
To see the full credit ratings and regulatory alerts of Vallabh Steels Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vallabh Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vallabh Steels Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Vallabh Steels has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACV5819K1Z9 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vallabh Steels Limited, buy the company report.
Recent activity
Vallabh Steels Limited has 26 board changes on record since 1980: 15 appointments and 11 cessations. The latest: Komal Kathuria ceased to be Company Secretary on 09 Dec 2024.
75 earlier events are in the company report.
News
Frequently asked questions
Vallabh Steels is an active public limited company based in Ludhiana, Punjab, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 25 November 1980 (46+ years old) and is registered under CIN L27109PB1980PLC004327. Listed on BSE: 513397.
Vallabh Steels has 4 current directors:
- Suman Jain - Director
- Neelam Sharma - Director
- Manoj Kumar - Director
- Rohit Mittal - Director
The latest financial statements of Vallabh Steels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vallabh Steels is 03AAACV5819K1Z9, registered in Punjab. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vallabh Steels is L27109PB1980PLC004327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vallabh Steels is a listed company as per MCA records. Its shares are listed on BSE (code: 513397).
Vallabh Steels has 47 court cases on record: 31 filed by the company and 16 filed against it. 8 are pending. Most are in the district courts.
Vallabh Steels was incorporated on 25 November 1980, making it 46+ years old. It is registered with the Registrar of Companies, Chandigarh.
Vallabh Steels has 6 deals on record (6 market trades); the latest was in February 2024.
Komal Kathuria ceased to be Company Secretary on 09 Dec 2024. Kapil Kumar Jain ceased to be Director on 01 Oct 2024. Rohit Mittal was appointed as Director on 07 Aug 2024. Vallabh Steels has 26 board changes on record in total.
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