About Vandana Global Limited
Data last updated:
Vandana Global Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 12 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH1996PLC219948. Its GSTIN is 22AAACV2018E1Z1 (Chhattisgarh). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹156.5 Cr and a paid-up capital of ₹13.91 Cr. It was formerly known as Vandana Global Private Limited. It is led by directors including Vijit Kumar Agrawal (Managing Director) and Nirmalkumar Narayan Chaudhary (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,061.45 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹28.61 Cr (net margin 2.7%) and EBITDA of ₹56.25 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 571 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 2 joint ventures.
The company is associated with 1 brand: Tmt Next. As per MCA filings, the company has open charges of ₹595 Cr and satisfied charges of ₹1,286.61 Cr on record. Court records list 162 cases involving the company, including 107 filed by the company and 49 filed against it; 27 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tmtnext.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No.602 Poonams Apartment N.S Road No. 11 Plot No.23 J.V.P.D. Scheme Juhu Vile Par, Le (West), Mumbai, Maharashtra, India – 400049
- IndustryEnvironment, Wind Energy Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Vandana Global Limited
The main business activity of Vandana Global is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vandana Global Limited FY 2024 filings available
Vandana Global Limited reported revenue of ₹1,061.45 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vandana Global Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 6% 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 of Vandana Global Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹56.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.61 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vandana Global Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vandana Global are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vandana Global Limited
Vandana Global Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agni Steels Private Limited | ₹1,079.79 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Erode, Tamil Nadu, India |
| Mangalam Worldwide Limited | ₹1,066.03 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Ahmedabad, Gujarat, India |
| Faridabad Steel Mongers Private Limited | ₹1,065.89 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Faridabad, Haryana, India |
| Sakthi Steel Industries Limited | ₹1,065.79 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Rama Steel Tubes Limited Listed | ₹1,064.82 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Vandana Global Limited this company | ₹1,061.45 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Bombay Coated and Special Steels Limited | ₹1,058.65 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| Maa Kudargarhi Power and Ispat Private Limited | ₹1,058.63 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Raipur, Chhattisgarh, India |
| Hero Steels Limited | ₹1,056.97 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Vishal Precision Steel Tubes and Strips Private Limited | ₹1,054.9 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Hoskote, Karnataka, India |
| MGM Minerals Limited | ₹1,048.19 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Vandana Global by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vandana Global Limited
Vandana Global Limited is audited by BAMB TAORI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAMB TAORI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vandana Global Limited
Vandana Global has 5 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchita Raju Burde | Director | 09 Nov 2022 | 3 Years 11 Months | Current |
| Manish Kumar Agrawal Also directs: Arham Technologies Limited, Obcl Limited | Director | 09 Dec 2022 | 3 Years 10 Months | Current |
| Vijit Kumar Agrawal | Managing Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Ankit Jhabak | Director | 31 Oct 2022 | 3 Years 11 Months | Current |
| Nirmalkumar Narayan Chaudhary Also directs: Raipur Infrastructure Company Limited | Whole-Time Director | 01 Nov 2023 | 2 Years 11 Months | Current |
Ownership and Shareholding of Vandana Global Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vandana Global Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2022 | Others | ₹8.24 Cr | Open |
| 16 Mar 2022 | Idbi Bank Limited | ₹12.06 Cr | Open |
| 11 Mar 2022 | Indian Overseas Bank | ₹18.51 Cr | Open |
| 30 Dec 2021 | Others | ₹34.95 Cr | Open |
| 12 Dec 2019 | Others | ₹23.25 Cr | Open |
Total charge records: 47 View all charges
Legal Cases of Vandana Global Limited
Vandana Global Limited has 162 court cases on record: 107 filed by Vandana Global, 49 filed against it, 6 where it is another party. 27 cases are pending and 135 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 85 | 21 | 10 |
| District courts | 73 | 26 | 16 |
| Supreme Court | 4 | 2 | 1 |
Cases on record (5 of 162)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Nova Industrial Solutions Private Limited | Pending |
| High Court of Delhi | Court case (TR.P.(C.)) | Filed by the company against Nova Industrial Solutions Private Limited | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Nova Industrial Solutions Private Limited | Disposed |
| District court, West, Delhi | Court case (Counter Claim) | Filed by the company against Nova Industrial Solutions Private Limited | Disposed |
| High Court of Chhattisgarh | Arbitration matter | Filed against the company by Steel Authority of India Limited | Disposed |
Full case history
All 162 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Vandana Global Limited
Vandana Global operates one associated brand: TMT NEXT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of TMT bars, Sponge Iron, and related products in India. | tmtnext.com |
Employees and EPFO Compliance at Vandana Global Limited
Vandana Global Limited has a workforce of 571 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Vandana Global Limited
Vandana Global has 1 subsidiary company, 2 joint ventures, and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Vandana Charitable Foundation | U85300CT2021NPL011654 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Vandana Global Limited
Vandana Global has one previous CIN (Corporate Identification Number): U51101CT1996PLC010490. The current CIN is U51101MH1996PLC219948, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101MH1996PLC219948 | Current |
| U51101CT1996PLC010490 | Previous |
Recent Activity on Vandana Global Limited
Vandana Global Limited has 32 board changes on record since 2009: 7 appointments and 25 cessations. The latest: Suresh Kumar Agrawal ceased to be CFO on 31 Oct 2024.
129 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vandana Global Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vandana Global Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vandana Global Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vandana Global Limited
Vandana Global has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAACV2018E1Z1 | Chhattisgarh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vandana Global Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vandana Global Limited
Vandana Global is an active public limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 12 February 1996 (30+ years old) and is registered under CIN U51101MH1996PLC219948.
Vandana Global reported revenue of ₹1,061.45 Cr for FY 2025 (down 2% YoY).
Vandana Global has 5 current directors:
- Vijit Kumar Agrawal - Managing Director
- Nirmalkumar Narayan Chaudhary - Whole-Time Director
- Ruchita Raju Burde - Director
- Manish Kumar Agrawal - Director
- Ankit Jhabak - Director
Vandana Global reported a net profit of ₹28.61 Cr (net margin 2.7%) and EBITDA of ₹56.25 Cr (EBITDA margin 5.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vandana Global is -4% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vandana Global is 22AAACV2018E1Z1, registered in Chhattisgarh. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vandana Global is U51101MH1996PLC219948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vandana Global has 162 court cases on record: 107 filed by the company and 49 filed against it. 27 are pending. Most are in the high courts.
Vandana Global was incorporated on 12 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vandana Global by revenue are Agni Steels Private Limited, Mangalam Worldwide Limited, Faridabad Steel Mongers Private Limited, Sakthi Steel Industries Limited, Rama Steel Tubes Limited and 5 more, all in the Metals and Minerals industry (Steel).
Suresh Kumar Agrawal ceased to be CFO on 31 Oct 2024. Nirmalkumar Narayan Chaudhary was appointed as Whole-Time Director on 01 Nov 2023. Gopal Prasad Agrawal ceased to be Managing Director on 05 Sep 2023. Vandana Global has 32 board changes on record in total.