MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0018050
Vikarsh Stampings India Private Limited - energy and power in Phaltan, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.93 Cr
▼ 71% YoY
Net loss · FY 2025
₹4.15 Cr
Net margin -84.1%
EBITDA · FY 2025
-₹1.57 Cr
EBITDA margin -31.9%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹12 Cr
Issued & subscribed
Open charges
₹10.16 Cr
Satisfied ₹56.04 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
73
Provident fund records
About Vikarsh Stampings India Private Limited
Data last updated:
Vikarsh Stampings India Private Limited is a private limited company based in Phaltan, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 25 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29230PN2003PTC018260. Its GSTIN is 27AABCV7049J1ZY (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹12 Cr. It was formerly known as Vikarsh Stampings India Private Imited. It is led by directors including Laxmikant Nathuram Trivedi (Whole-Time Director) and Rakesh Motilal Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Phaltan, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.93 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹4.15 Cr (net margin -84.1%) and EBITDA of -₹1.57 Cr (EBITDA margin -31.9%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 34% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.16 Cr and satisfied charges of ₹56.04 Cr on record. Court records list 79 cases involving the company, including 58 filed by the company and 21 filed against it; 10 cases are pending.
Vikarsh Stampings India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0018050). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikarsh.com.
Company details
CIN U29230PN2003PTC018260
Registration Number 018260
Incorporation Date 25 August 2003
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0018050
Key People
Laxmikant Nathuram Trivedi Whole-Time Director Rakesh Motilal Sharma Director Dhruv Rakesh Sharma Director Recognitions & Rankings of Vikarsh Stampings India
Contact details
Vikarsh Stampings India Private Limited's registered office is in Phaltan, Maharashtra. Its website is vikarsh.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG No. 269/7, Dhangarwadi Tal. Khandala, Phaltan, Maharashtra, India – 412801
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Vikarsh Stampings India Private Limited, buy the company report.
Comprehensive company report
Vikarsh Stampings India Private 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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Business activity
The main business activity of Vikarsh Stampings India 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 Vikarsh Stampings India Private Limited, buy the company report.
Financials of Vikarsh Stampings India Private Limited
FY 2023 filings availableVikarsh Stampings India Private Limited reported revenue of ₹4.93 Cr (down 71% YoY) for FY 2025.
Revenue · FY 2025
₹4.93 Cr ▼ 71%
Net loss · FY 2025
₹4.15 Cr margin -84.1%
EBITDA · FY 2025
-₹1.57 Cr margin -31.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 39%
5 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 36%
5 years · compounded
▼ 20%
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 71% fall in the latest year. EBITDA rose 20% 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 |
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| EBITDA | -₹1.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.15 Cr | ||||
| Balance Sheet | |||||
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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 | -31.9% | ||||
| Net Profit Margin | -84.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vikarsh Stampings India Private Limited, buy the company report.
Board of directors of Vikarsh Stampings India Private Limited
Vikarsh Stampings India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Motilal Sharma | Director | 29 Sep 2023 | 3 Years 0 Months | Current |
| Dhruv Rakesh Sharma Also directs: Giridhar Process & Treatments Private Limited, Vikarsh Power Components India LLP, Sagaon Energy Equipment Pvt Ltd and 4 more | Director | 29 Sep 2023 | 3 Years 0 Months | Current |
| Laxmikant Nathuram Trivedi Also directs: Vikarsh Excellent India Private Limited | Whole-Time Director | 25 Aug 2003 | 23 Years 2 Months | Current |
Auditor
Vikarsh Stampings India Private Limited is audited by POREDDY AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| POREDDY AND ASSOCIATES | FY 2023 | 157903W |
Shareholding
The shareholding of Vikarsh Stampings India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vikarsh Stampings India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.16 Cr
Satisfied charges
₹56.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2017 | 100121118 | Axis Bank Limited | ₹10.16 Cr | Open | |
| 26 Oct 2018 | 100225912 | Others | ₹6 Lakh | Satisfied | |
| 06 Jun 2018 | 100216996 | Others | ₹1.52 Cr | Satisfied | |
| 21 Sep 2015 | 10596582 | Jalgaon Janata Sahakari Bank Ltd. | ₹12 Lakh | Satisfied | |
| 17 Jul 2015 | 10584530 | Jalgaon Janata Sahakari Bank Ltd. | ₹19 Cr | Satisfied |
To see the full charge records of Vikarsh Stampings India Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Vikarsh Stampings India Private Limited has 79 court cases on record: 58 filed by Vikarsh Stampings India, 21 filed against it. 10 cases are pending and 69 are disposed.
Total cases
79
Filed by the company
58
Filed against the company
21
Pending
10
Disposed
69
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 66 | 9 | 10 |
| High courts | 13 | 12 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed against the company by V Trans India Limited Through Its Authorized Representative Gourav Shrivastava | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Donum Dieu Engineers Pvt Ltd and 2 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Soorya Electro Components Pvt Ltd and 3 others | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed against the company by Ms. Powercore Industries India Private Limited Represented | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Donum Dieu Engineers Pvt. Ltd. | Disposed |
To see the full case history of Vikarsh Stampings India Private 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
Vikarsh Stampings India Private Limited was last rated by Icra on 23 Apr 2012.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Apr 2012 |
To see the full credit ratings and regulatory alerts of Vikarsh Stampings India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vikarsh Stampings India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vikarsh Stampings India Private Limited has a workforce of 73 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
-1.35%
GST
Vikarsh Stampings India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV7049J1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikarsh Stampings India Private Limited, buy the company report.
Recent activity
Vikarsh Stampings India Private Limited has 12 board changes on record since 2003: 3 appointments and 9 cessations. The latest: Dhruv Rakesh Sharma was appointed as Director on 29 Sep 2023.
Charges
A charge with Axis Bank Limited of Rs. 10.16 Cr registered on 22 Aug 2017 with Charge ID 100121118 was modified on 19 Jun 2024.
Charges
A charge registered on 10 Jan 2011 via Charge ID 10259536 with Kotak Mahindra Bank Limited was fully satisfied on 26 Mar 2024.
AGM
Vikarsh Stampings India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Appointed
Dhruv Rakesh Sharma was appointed as Director.
Ceased
Dhruv Rakesh Sharma ceased to be Additional Director.
Appointed
Rakesh Motilal Sharma was appointed as Director.
Ceased
Rakesh Motilal Sharma ceased to be Additional Director.
Charges
A charge registered on 06 Jun 2018 via Charge ID 100216996 with Others was fully satisfied on 07 Aug 2023.
Charges
A charge registered on 21 Sep 2015 via Charge ID 10596582 with Jalgaon Janata Sahakari Bank Ltd. was fully satisfied on 04 Aug 2023.
Filing
Vikarsh Stampings India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Charges
A charge registered on 26 Oct 2018 via Charge ID 100225912 with Others was fully satisfied on 19 Jan 2021.
Ceased
Sheetal Laxmikant Trivedi ceased to be Additional Director.
44 earlier events are in the company report.
Frequently asked questions
Vikarsh Stampings India is an active private limited company based in Phaltan, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 25 August 2003 (23+ years old) and is registered under CIN U29230PN2003PTC018260.
Vikarsh Stampings India has 3 current directors:
- Laxmikant Nathuram Trivedi - Whole-Time Director
- Rakesh Motilal Sharma - Director
- Dhruv Rakesh Sharma - Director
The latest financial statements of Vikarsh Stampings India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Vikarsh Stampings India is 27AABCV7049J1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vikarsh Stampings India is U29230PN2003PTC018260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikarsh Stampings India has 79 court cases on record: 58 filed by the company and 21 filed against it. 10 are pending. Most are in the district courts.
Vikarsh Stampings India was incorporated on 25 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Dhruv Rakesh Sharma was appointed as Director on 29 Sep 2023. Dhruv Rakesh Sharma ceased to be Additional Director on 29 Sep 2023. Rakesh Motilal Sharma was appointed as Director on 29 Sep 2023. Vikarsh Stampings India has 12 board changes on record in total.
Yes, Vikarsh Stampings India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0018050).
Vikarsh Stampings India can be reached through the website vikarsh.com. Its registered office is in Phaltan, Maharashtra, India.