About Vikas Radiators Private Limited
Data last updated:
Vikas Radiators Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 04 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2009PTC189967. Its GSTIN is 07AACCV9952D1Z4 (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Vishal Panchal and Mandeep Panchal.
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 T – 4/1 Gali No.10 Anand Parbat Industrial Area, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.53 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹47.11 Lakh (net margin 1%) and EBITDA of ₹1.85 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 31% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.8 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 3 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 vikasradiators.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressT – 4/1 Gali No.10 Anand Parbat Industrial Area, New Delhi, Delhi, India – 110005
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Radiators Private Limited
The main business activity of Vikas Radiators is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Radiators Private Limited FY 2025 filings available
Vikas Radiators Private Limited reported revenue of ₹48.53 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vikas Radiators Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 23% growth 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 of Vikas Radiators Private 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47.11 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 Radiators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Radiators 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.
Board of Directors of Vikas Radiators Private Limited
Vikas Radiators has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Panchal | Director | 03 May 2017 | 9 Years 5 Months | Current |
| Mandeep Panchal | Director | 03 May 2017 | 9 Years 5 Months | Current |
| Sandeep Panchal | Director | 03 May 2017 | 9 Years 5 Months | Current |
| Kishan Lal | Director | 04 May 2009 | 17 Years 5 Months | Current |
| Satnarayan | Director | 04 May 2009 | 17 Years 5 Months | Current |
| Parmanand Panchal | Director | 01 Jun 2011 | 15 Years 4 Months | Current |
Peer Comparison of Vikas Radiators Private Limited
Vikas Radiators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenvent Private Limited | ₹48.93 Cr (FY 2024) | •••• | •••• | 16831.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Mak Envirotech & Solutions (India) Private Limited | ₹48.81 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Enviropol Engineers Private Limited | ₹48.77 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Noida, Uttar Pradesh, India |
| Svarn Telecom Limited | ₹48.75 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Shah Forged Rolls Private Limited | ₹48.56 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Thane, Maharashtra, India |
| Vikas Radiators Private Limited this company | ₹48.53 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Scivic Engineering India Private Limited | ₹48.47 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| Radix Arc Private Limited | ₹48.39 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Vishwabalaa Engineering Private Limited | ₹48.37 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Tensar Geosynthetics India Private Limited | ₹48.31 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Thane, Maharashtra, India |
| Trues Steels Private Limited | ₹48.24 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Vikas Radiators by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Radiators Private Limited
Vikas Radiators Private Limited is audited by ARORA VIKAS & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARORA VIKAS & 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.
Ownership and Shareholding of Vikas Radiators 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 Radiators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2022 | Hdfc Bank Limited | ₹10.1 Lakh | Open |
| 07 Aug 2021 | Hdfc Bank Limited | ₹20.03 Lakh | Open |
| 04 Jun 2011 | Others | ₹3.5 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Vikas Radiators Private Limited
Vikas Radiators Private Limited has 8 court cases on record: 2 filed by Vikas Radiators, 6 filed against it. 3 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against Aditya Vidyut Appliances Ltd | Pending |
| District court, West, Delhi | Commercial suit | Filed by the company against Aditya Vidyut Appliances Ltd | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Pending |
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by an individual | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
Full case history
All 8 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.
Employees and EPFO Compliance at Vikas Radiators Private Limited
Vikas Radiators Private Limited has a workforce of 10 employees as of Apr 07, 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.
Recent Activity on Vikas Radiators Private Limited
Vikas Radiators Private Limited has 10 board changes on record since 2009: 7 appointments and 3 cessations. The latest: Mandeep Panchal ceased to be Additional Director on 30 Sep 2017.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vikas Radiators 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 Radiators 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 Radiators 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 Radiators Private Limited
Vikas Radiators has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCV9952D1Z4 | Delhi | Active | 01 Jul 2017 |
| 27AACCV9952D1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 06AACCV9952D1Z6 | Haryana | Active | 15 Jan 2025 |
| 26AACCV9952D1Z4 | Dadra and Nagar Haveli and Daman and Diu | Active | 25 May 2025 |
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 Radiators 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 Radiators Private Limited
Vikas Radiators is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 04 May 2009 (17+ years old) and is registered under CIN U74900DL2009PTC189967.
Vikas Radiators reported revenue of ₹48.53 Cr for FY 2025 (up 23% YoY).
Vikas Radiators has 7 current directors:
- Vishal Panchal - Director
- Mandeep Panchal - Director
- Sandeep Panchal - Director
- Kishan Lal - Director
- Satnarayan - Director
- Parmanand Panchal - Director
- Pradeep Panchal - Director
Vikas Radiators reported a net profit of ₹47.11 Lakh (net margin 1%) and EBITDA of ₹1.85 Cr (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vikas Radiators is 28% over three years and 31% over five years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vikas Radiators is 07AACCV9952D1Z4, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AACCV9952D1Z2 (Maharashtra), 06AACCV9952D1Z6 (Haryana), 26AACCV9952D1Z4 (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Vikas Radiators is U74900DL2009PTC189967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Radiators has 8 court cases on record: 2 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Vikas Radiators was incorporated on 04 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vikas Radiators by revenue are Greenvent Private Limited, Mak Envirotech & Solutions (India) Private Limited, Enviropol Engineers Private Limited, Svarn Telecom Limited, Shah Forged Rolls Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Mandeep Panchal ceased to be Additional Director on 30 Sep 2017. Sandeep Panchal ceased to be Additional Director on 30 Sep 2017. Vishal Panchal ceased to be Additional Director on 30 Sep 2017. Vikas Radiators has 10 board changes on record in total.