Vasudha Steels Limited
About Vasudha Steels Limited
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Vasudha Steels Limited is a public limited company based in Delhi, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 08 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PLC035379. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.82 Cr. It was formerly known as Vasudha Steels Private Limited. It is led by directors including Giriraj Kishore and Jaswant Singh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 2273 Bagichi Raghunath Sadar Bazar, Delhi, India – 110006.
As per the financials filed for FY 2018, the company reported a revenue of ₹57.99 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹1.69 Cr (net margin -2.9%) and EBITDA of -₹1.69 Cr (EBITDA margin -2.9%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
Court records list 193 cases involving the company, including 193 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Vasudha Steels has one previous CIN (Corporate Identification Number): U74899DL1989PTC035379. The current CIN is U74899DL1989PLC035379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1989PLC035379 | Current |
| U74899DL1989PTC035379 | Previous |
Contact details
Vasudha Steels Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address2273 Bagichi Raghunath Sadar Bazar, Delhi, India – 110006
- IndustryMetals and Minerals, Metal Retail & Distribution, Mining & Mineral Extraction
To see the full contact details of Vasudha 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
Business activity
The main business activity of Vasudha Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Vasudha Steels Limited, buy the company report.
Financials of Vasudha Steels Limited
FY 2018 filings availableVasudha Steels Limited reported revenue of ₹57.99 Cr (up 53% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 53% growth in the latest year. EBITDA fell 396% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹57.99 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.69 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.69 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -2.9% | |||
| Net Profit Margin | -2.9% | |||
| 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 Vasudha Steels Limited, buy the company report.
Board of directors of Vasudha Steels Limited
Vasudha Steels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Giriraj Kishore Also directs: Vasudha Metals & Industries Limited | Director | 09 Sep 2010 | 16 Years 1 Months | Current |
| Jaswant Singh | Director | 14 Jul 2005 | 21 Years 3 Months | Current |
| Sunil Kumar Also directs: Vasudha Metals & Industries Limited | Director | 03 Oct 2005 | 21 Years 1 Months | Current |
Auditor
Vasudha Steels Limited is audited by VIRENDRA VYAS & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRENDRA VYAS & CO | FY 2018 | 005533N |
Shareholding
The shareholding of Vasudha Steels Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vasudha Steels Limited, buy the company report.
Legal cases
Vasudha Steels Limited has 193 court cases on record: 193 filed against it. 5 cases are pending and 188 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 191 | 191 | 5 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 193)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Court case (Cr. Case) | Filed against the company by State and 1 other | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Vasudha 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vasudha Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vasudha Steels has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vasudha Steels Limited, buy the company report.
Recent activity
Vasudha Steels Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Anil ceased to be Director on 21 Jul 2014.
Frequently asked questions
Vasudha Steels is an active public limited company based in Delhi, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 08 March 1989 (37+ years old) and is registered under CIN U74899DL1989PLC035379.
Vasudha Steels has 3 current directors:
- Giriraj Kishore - Director
- Jaswant Singh - Director
- Sunil Kumar - Director
The latest financial statements of Vasudha Steels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Vasudha Steels has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vasudha Steels is U74899DL1989PLC035379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasudha Steels has 193 court cases on record: 193 filed against it. 5 are pending. Most are in the district courts.
Vasudha Steels was incorporated on 08 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
Anil ceased to be Director on 21 Jul 2014. Tanuj Rastogi ceased to be Additional Director on 18 May 2012. Giriraj Kishore was appointed as Director on 09 Sep 2010. Vasudha Steels has 5 board changes on record in total.
The registered office of Vasudha Steels is at 2273 Bagichi Raghunath Sadar Bazar, Delhi, India – 110006.
Vasudha Steels operates in the metals and minerals industry, in the metal retail and distribution segment.
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