Vikash Durables Limited

Vikash Durables Limited - consumer electronics & durables in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U51109UP1984PLC006741 Incorporated 20 September 1984 ROC Kanpur HQ Kanpur, Uttar Pradesh, India
Active Public Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2025
₹5.5 Cr
▲ 19% YoY
Net loss · FY 2025
₹37.59 Lakh
Net margin -6.8%
EBITDA · FY 2025
-₹5.04 Lakh
EBITDA margin -0.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹2.81 Cr
Company age
42 yrs
Est. 1984
Directors on board
3
As per MCA filings

About Vikash Durables Limited

Data last updated:

Vikash Durables Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 September 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51109UP1984PLC006741. Its GSTIN is 09AAACV6222C1ZN (Uttar Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9 Lakh. It was formerly known as Vikash Distributors Limited and Vikash Distributors Limited. It is led by directors including Subhash Chandra Tibarewala (Managing Director) and Suresh Banka.

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 Kanpur, Uttar Pradesh.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.5 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹37.59 Lakh (net margin -6.8%) and EBITDA of -₹5.04 Lakh (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 25% over five years.

As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹2.81 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.

Vikash Durables Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-43-0041305). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikashdurables.com.

Company details

CIN U51109UP1984PLC006741
Registration Number 006741
Incorporation Date 20 September 1984
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-43-0041305

Name history

Vikash Durables has undergone 3 name changes throughout its history. The company was previously known as Vikash Distributors Limited, Vikash Distributors Limited, and Vikash Distributors Private Limited. The current legal name is Vikash Durables Limited.

Company NameStatus
Vikash Durables LimitedCurrent
Vikash Distributors LimitedPrevious
Vikash Distributors LimitedPrevious
Vikash Distributors Private LimitedPrevious

CIN history

Vikash Durables has one previous CIN (Corporate Identification Number): U51109UP1984PTC006741. The current CIN is U51109UP1984PLC006741, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51109UP1984PLC006741Current
U51109UP1984PTC006741Previous
Key People
Subhash Chandra Tibarewala Managing Director Suresh Banka Director Prakash Chandra Tibarewala Director

Recognitions & Rankings of Vikash Durables

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-43-0041305

Contact details

Vikash Durables Limited's registered office is in Kanpur, Uttar Pradesh. Its website is vikashdurables.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vikashdurables.com
  • Registered Address
    87/110 Krishna Oil Mill Compound, Acharya Nagar, Kanpur, Uttar Pradesh, India – 208003
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing, Electronic Appliances Retail & Distribution

To see the full contact details of Vikash Durables Limited, buy the company report.

Comprehensive company report
Vikash Durables 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 Vikash Durables is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Vikash Durables Limited, buy the company report.

Financials of Vikash Durables Limited

FY 2025 filings available

Vikash Durables Limited reported revenue of ₹5.5 Cr (up 19% YoY) for FY 2025.

Revenue · FY 2025
₹5.5 Cr ▲ 19%
Net loss · FY 2025
₹37.59 Lakh margin -6.8%
EBITDA · FY 2025
-₹5.04 Lakh margin -0.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 30%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 88%
3 years · compounded
▼ 30%
5 years · compounded
▼ 20%

Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 88% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹5.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹37.59 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-0.9%
Net Profit Margin-6.8%
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 Vikash Durables Limited, buy the company report.

Board of directors of Vikash Durables Limited

Vikash Durables has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh BankaDirector01 Mar 20215 Years 8 MonthsCurrent
Subhash Chandra TibarewalaManaging Director15 Oct 198442 Years 0 MonthsCurrent
Prakash Chandra TibarewalaDirector01 Apr 199729 Years 7 MonthsCurrent
View all directors

Auditor

Vikash Durables Limited is audited by S.S.SOMANI AND CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.S.SOMANI AND COFY 2023418372

Shareholding

The shareholding of Vikash Durables Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vikash Durables Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
₹2.81 Cr
Breakdown by lending institutions
Others₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Nov 2021100504086Others₹1 CrOpen
31 Jul 2019100301234Others₹89.5 LakhSatisfied
16 Feb 201510556032Punjab National Bank₹25 LakhSatisfied
06 Sep 200710069766Punjab National Bank₹1.5 CrSatisfied
05 Feb 200590276078Allahabad Bank₹16 LakhSatisfied

To see the full charge records of Vikash Durables Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vikash Durables Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Vikash Durables Limited has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

Vikash Durables has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09AAACV6222C1ZNUttar PradeshActive01 Jul 2017
05AAACV6222C1ZVUttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of Vikash Durables Limited, buy the company report.

Recent activity

Vikash Durables Limited has 6 board changes on record since 1984: 3 appointments and 3 cessations. The latest: Suresh Banka was appointed as Director on 01 Mar 2021.

AGM
Vikash Durables Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vikash Durables Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge registered on 31 Jul 2019 via Charge ID 100301234 with Others was fully satisfied on 08 Dec 2022.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100504086 was registered on 29 Nov 2021.
Appointed
Suresh Banka was appointed as Director.
Ceased
Vikash Chandra Tibarewala ceased to be Managing Director.
Charges
A charge with Others of Rs. 89.50 Lakh registered on 31 Jul 2019 with Charge ID 100301234 was modified on 30 Jul 2020.
Charges
A charge registered on 16 Feb 2015 via Charge ID 10556032 with Punjab National Bank was fully satisfied on 03 Jan 2020.
Charges
A charge registered on 06 Sep 2007 via Charge ID 10069766 with Punjab National Bank was fully satisfied on 03 Jan 2020.
Charges
A charge with Others amounted to Rs. 89.50 Lakh with Charge ID 100301234 was registered on 31 Jul 2019.
Charges
A charge registered on 05 Feb 2005 via Charge ID 90276078 with Allahabad Bank was fully satisfied on 08 Jul 2019.
Charges
A charge with Punjab National Bank of Rs. 150.00 Lakh registered on 06 Sep 2007 with Charge ID 10069766 was modified on 24 Jun 2015.

9 earlier events are in the company report.

Frequently asked questions

Vikash Durables is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 September 1984 (42+ years old) and is registered under CIN U51109UP1984PLC006741.

Vikash Durables has 3 current directors:

The latest financial statements of Vikash Durables on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Vikash Durables is 09AAACV6222C1ZN, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 05AAACV6222C1ZV (Uttarakhand).

The CIN (Corporate Identification Number) of Vikash Durables is U51109UP1984PLC006741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vikash Durables has 4 court cases on record: 4 filed against it.

Vikash Durables was incorporated on 20 September 1984, making it 42+ years old. It is registered with the Registrar of Companies, Kanpur.

Suresh Banka was appointed as Director on 01 Mar 2021. Vikash Chandra Tibarewala ceased to be Managing Director on 01 Mar 2021. Padma Agarwal ceased to be Director on 21 Nov 2009. Vikash Durables has 6 board changes on record in total.

Yes, Vikash Durables is registered as a small enterprise under Udyam registration (number: UDYAM-UP-43-0041305).

Vikash Durables can be reached through the website vikashdurables.com. Its registered office is in Kanpur, Uttar Pradesh, India.