Vikas Engineering Private Limited
About Vikas Engineering Private Limited
Data last updated:
Vikas Engineering Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 18 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45300MH1995PTC092829. Its GSTIN is 27AAACV3449H1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹7.87 Lakh. It is led by directors Purnima Bhasin and Rajesh Bhasin.
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 Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹28.37 Lakh (net margin 18.5%) and EBITDA of ₹32.83 Lakh (EBITDA margin 21.4%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 25% over five years.
The company is associated with 1 brand: Vikas Engineering. As per MCA filings, the company has open charges of ₹31.65 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No – 18 MIDC Kalwa T.T.C. Industrial Area Village D, Ighe Tal, Navi Mumbai, Maharashtra, India – 400708
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 Vikas Engineering Private Limited
The main business activity of Vikas Engineering is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Vikas Engineering Private Limited FY 2025 filings available
Vikas Engineering Private Limited reported revenue of ₹1.53 Cr (up 151% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vikas Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 151% growth in the latest year. EBITDA rose 443% 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 Vikas Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹32.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.37 Lakh | •••• | •••• | •••• | •••• |
| 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 of Vikas Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.5% | •••• | •••• | •••• | •••• |
| 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 Vikas Engineering 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 Vikas Engineering Private Limited
Vikas Engineering Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Balaji Porta Cabin Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Khed, Maharashtra, India |
| G Williams (Fabrications) Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Faridabad, Haryana, India |
| Bluephoton Technology India Private Limited | ₹1.54 Cr (FY 2025) | •••• | •••• | 289.0% | •••• | Ambala, Haryana, India |
| Hexonic Heat Exchangers India Private Limited | ₹1.53 Cr (FY 2025) | •••• | •••• | 179.0% | •••• | Bangalore, Karnataka, India |
| Avant Steelfab Private Limited | ₹1.53 Cr (FY 2023) | •••• | •••• | -11.0% | •••• | Erode, Tamil Nadu, India |
| Vikas Engineering Private Limited this company | ₹1.53 Cr (FY 2024) | •••• | •••• | 151.0% | •••• | Navi Mumbai, Maharashtra, India |
| Crest Engineers Private Ltd. | ₹1.53 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Kulkarni Fabricators Pvt Ltd | ₹1.53 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Pune, Maharashtra, India |
| U.K. Mechanical Engineering Private Limited | ₹1.52 Cr (FY 2024) | •••• | •••• | 121.0% | •••• | Jamshedpur, Jharkhand, India |
| Steel Craft Infratech Private Limited | ₹1.52 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Ahmedabad, Gujarat, India |
| Qualtek Steel Detailing Private Limited | ₹1.52 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Kakkanad, Kerala, India |
Peers are the five companies nearest above and the five nearest below Vikas Engineering by revenue in the Engineering industry (Foundry and Fabrication), 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 Vikas Engineering Private Limited
Vikas Engineering Private Limited is audited by RAJIV & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJIV & 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 Vikas Engineering Private Limited
Vikas Engineering has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purnima Bhasin Also directs: Aero Adhesives Private Limited, Golden Falcon Industries Limited, High Image Plastchem Private Limited. and 2 more | Director | 27 Nov 2000 | 25 Years 10 Months | Current |
| Rajesh Bhasin Also directs: Samridhi Plaschem Private Limited, Arpit Projects Limited, Kuber Expo International Private Limited and 2 more | Director | 18 Sep 1995 | 31 Years 0 Months | Current |
Ownership and Shareholding of Vikas Engineering Private 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 Vikas Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2000 | Bank of Maharashtra | ₹30.2 Lakh | Open |
| 10 Feb 1976 | Central Bank of India | ₹1.45 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Vikas Engineering Private Limited
Vikas Engineering operates one associated brand: Vikas Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality incinerators for effective waste management solutions. | vikasengineering.co.in |
Employees and EPFO Compliance at Vikas Engineering Private Limited
Employment history and EPFO contributions of people linked to Vikas Engineering.
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.
Recent Activity on Vikas Engineering Private Limited
Vikas Engineering Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Purnima Bhasin was appointed as Director on 27 Nov 2000.
Credit Ratings, Litigation & Regulatory Alerts for Vikas Engineering Private 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 Vikas Engineering Private 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 Vikas Engineering Private 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 Vikas Engineering Private Limited
Vikas Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3449H1Z8 | Maharashtra | Active | 18 Jul 2018 |
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 Vikas Engineering Private 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 Vikas Engineering Private Limited
Vikas Engineering is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 18 September 1995 (31+ years old) and is registered under CIN U45300MH1995PTC092829.
Vikas Engineering reported revenue of ₹1.53 Cr for FY 2024 (up 151% YoY).
Vikas Engineering has 2 current directors:
- Purnima Bhasin - Director
- Rajesh Bhasin - Director
Vikas Engineering reported a net profit of ₹28.37 Lakh (net margin 18.5%) and EBITDA of ₹32.83 Lakh (EBITDA margin 21.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vikas Engineering is 60% over three years and 25% over five years. In the latest year (FY 2024) revenue rose 151%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vikas Engineering is 27AAACV3449H1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vikas Engineering is U45300MH1995PTC092829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Engineering was incorporated on 18 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vikas Engineering by revenue are Shree Balaji Porta Cabin Private Limited, G Williams (Fabrications) Private Limited, Bluephoton Technology India Private Limited, Hexonic Heat Exchangers India Private Limited, Avant Steelfab Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Purnima Bhasin was appointed as Director on 27 Nov 2000. Rajesh Bhasin was appointed as Director on 18 Sep 1995.
The registered office of Vikas Engineering is at Plot No – 18 MIDC Kalwa T.T.C. Industrial Area Village D, Ighe Tal, Navi Mumbai, Maharashtra, India – 400708.