About Visa Chrome Limited
Data last updated:
Visa Chrome Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN L51109OR1996PLC004601. It is a listed company as per MCA records. Its shares are listed on BSE: 532721.
The company has an authorised share capital of ₹252 Cr and a paid-up capital of ₹145.79 Cr. It was formerly known as Visa Industries Limited. It is led by directors including Vishal Agarwal (Managing Director) and Manoj Kumar (Managing Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11 Ekamra Kanan Nayapalli, Bhubaneswar, Odisha, India – 751015.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹561.62 Cr, a decline of 0.9% compared to the previous year. For the same year it recorded a net loss of ₹38.96 Cr (net margin -6.9%) and EBITDA of ₹13.67 Cr (EBITDA margin 2.4%). Total assets are valued at ₹173.02 Cr (up 357.8% YoY).
The company has about 335 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 1 brand: VISA Steel. As per MCA filings, the company has open charges of ₹16,214 Cr and satisfied charges of ₹2,349.23 Cr on record. Court records list 224 cases involving the company, including 140 filed by the company and 84 filed against it; 60 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 visasteel.com.
Company details
CIN history
Visa Chrome has one previous CIN (Corporate Identification Number): U51109OR1996PLC004601. The current CIN is L51109OR1996PLC004601, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51109OR1996PLC004601 | Current |
| U51109OR1996PLC004601 | Previous |
Contact details
Visa Chrome Limited's registered office is in Bhubaneswar, Orissa. Its website is visasteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11 Ekamra Kanan Nayapalli, Bhubaneswar, Odisha, India – 751015
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Visa Chrome 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
Brands
Visa Chrome operates one associated brand: VISA Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel products are manufactured and supplied globally by VISA Steel. | visasteel.com |
Business activity
The main business activity of Visa Chrome 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 Visa Chrome Limited, buy the company report.
Financials of Visa Chrome Limited
FY 2025-26 filings availableVisa Chrome Limited reported revenue of ₹561.62 Cr (down 0.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 562 | 566 | 670 | 657 | 1,118 | 988 | 683 |
| Revenue growth | -0.9% | -15.4% | +1.9% | -41.2% | +13.2% | +44.6% | - |
| EBITDA | 13.67 | (438) | 5.11 | 8.70 | 17.84 | (1,053) | (49.93) |
| EBITDA margin | +2.4% | -77.3% | +0.8% | +1.3% | +1.6% | -106.5% | -7.3% |
| Profit before tax | 1,050 | (517) | (71.89) | 1,660 | (87.23) | (1,197) | (192) |
| Net profit | (38.96) | (47.23) | (71.97) | (87.55) | (87.40) | (141) | (192) |
| Net profit margin | -6.9% | -8.3% | -10.7% | -13.3% | -7.8% | -14.3% | -28.1% |
| EPS (₹) | 85.85 | (44.61) | (6.21) | 143.39 | (7.53) | (103.40) | (16.57) |
| Balance sheet | |||||||
| Total assets | 173 | 37.79 | 567 | 625 | 1,054 | 1,148 | 2,356 |
| Net worth | (220) | (1,361) | (844) | (772) | (2,433) | (2,346) | (1,148) |
| Total debt | 392 | 1,398 | 1,409 | 1,394 | 3,481 | 3,486 | 3,479 |
| Cash & bank | 3.04 | 2.97 | 25.68 | 20.87 | 13.62 | 10.20 | 9.41 |
| Net working capital | (287) | (419) | (409) | (385) | (616) | (601) | (624) |
| Cash flow | |||||||
| Cash from operations | 36.13 | 25.54 | 17.44 | 26.41 | 17.37 | 13.42 | 58.65 |
| Cash from investing | (24.92) | (12.32) | (9.14) | (18.53) | (8.68) | 1.32 | 11.34 |
| Cash from financing | (8.91) | (13.03) | (8.30) | (7.89) | (8.70) | (13.96) | (63.52) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 120 | 171 | 145 | 75.85 | 171 | 162 | 119 | 151 |
| Revenue growth (YoY) | -29.6% | +5.3% | +22.1% | -49.6% | +26.9% | - | - | - |
| Other income | 0.06 | 1,090 | 0.17 | 3.23 | 0.88 | 0.13 | 0.34 | 7.74 |
| EBITDA | 5.07 | 6.54 | (0.91) | (8.59) | 17.77 | (468) | 2.49 | 7.94 |
| EBITDA margin | +4.2% | +3.8% | -0.6% | -11.3% | +10.4% | -288.4% | +2.1% | +5.3% |
| Depreciation | 6.76 | 6.43 | 6.56 | 6.48 | 6.41 | 12.15 | 12.23 | 12.21 |
| Interest | 7.93 | 7.62 | 9.23 | 8.38 | 7.91 | 7.86 | 7.88 | 7.63 |
| Profit before tax | (9.56) | 1,083 | (16.53) | (20.22) | 4.33 | (488) | (17.28) | (4.16) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (9.56) | 1,083 | (16.53) | (20.22) | 4.33 | (488) | (17.28) | (4.16) |
| EPS (₹) | (0.66) | 88.50 | (1.42) | (1.75) | 0.37 | (42.16) | (1.49) | (0.36) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 562 | 566 | 670 | 572 | 792 | 611 | 348 |
| Revenue growth | -0.9% | -15.4% | +17.0% | -27.7% | +29.6% | +75.7% | - |
| EBITDA | 13.67 | (438) | 5.11 | (391) | 16.43 | (225) | (59.45) |
| EBITDA margin | +2.4% | -77.3% | +0.8% | -68.3% | +2.1% | -36.8% | -17.1% |
| Profit before tax | 1,050 | (517) | (71.89) | (464) | (52.57) | (290) | (84.86) |
| Net profit | (38.96) | (47.24) | (71.97) | (65.36) | (52.74) | (75.13) | (84.94) |
| Net profit margin | -6.9% | -8.3% | -10.7% | -11.4% | -6.7% | -12.3% | -24.4% |
| EPS (₹) | 85.85 | (44.61) | (6.21) | (40.05) | (4.54) | (25.07) | (7.33) |
| Balance sheet | |||||||
| Total assets | 173 | 37.78 | 567 | 625 | 1,091 | 1,144 | 1,441 |
| Net worth | (220) | (1,361) | (844) | (772) | (309) | (256) | 35.24 |
| Total debt | 392 | 1,398 | 1,409 | 1,394 | 1,395 | 1,396 | 1,353 |
| Cash & bank | 3.02 | 2.94 | 25.66 | 20.85 | 12.61 | 10.16 | 8.33 |
| Net working capital | (287) | (419) | (409) | (385) | 57.72 | 69.60 | 61.17 |
| Cash flow | |||||||
| Cash from operations | 36.13 | 25.52 | 17.44 | 24.73 | 11.77 | 15.89 | 13.40 |
| Cash from investing | (24.92) | (12.31) | (9.14) | (16.50) | (3.13) | 0.33 | 39.46 |
| Cash from financing | (8.91) | (13.02) | (8.30) | (8.24) | (8.65) | (14.48) | (47.35) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 120 | 171 | 145 | 75.85 | 171 | 162 | 119 | 151 |
| Revenue growth (YoY) | -29.6% | +5.3% | +22.1% | -49.6% | +26.9% | - | - | - |
| Other income | 0.06 | 1,090 | 0.17 | 3.23 | 0.88 | 0.13 | 0.34 | 7.74 |
| Total expenses | 115 | 164 | 146 | 84.44 | 153 | 631 | 116 | 143 |
| EBITDA | 5.07 | 6.54 | (0.91) | (8.59) | 17.77 | (468) | 2.49 | 7.94 |
| EBITDA margin | +4.2% | +3.8% | -0.6% | -11.3% | +10.4% | -288.4% | +2.1% | +5.3% |
| Depreciation | 6.76 | 6.43 | 6.56 | 6.48 | 6.41 | 12.15 | 12.23 | 12.21 |
| Interest | 7.93 | 7.62 | 9.23 | 8.38 | 7.91 | 7.86 | 7.88 | 7.63 |
| Profit before tax | (9.56) | 1,083 | (16.53) | (20.22) | 4.33 | (488) | (17.28) | (4.16) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 120 | 171 | 145 | 75.85 | 171 | 162 | 119 | 151 |
| Revenue growth (YoY) | -29.6% | +5.3% | +22.1% | -49.6% | +26.9% | - | - | - |
| Other income | 0.06 | 1,090 | 0.17 | 3.23 | 0.88 | 0.13 | 0.34 | 7.74 |
| EBITDA | 5.07 | 6.54 | (0.91) | (8.59) | 17.77 | (468) | 2.49 | 7.94 |
| EBITDA margin | +4.2% | +3.8% | -0.6% | -11.3% | +10.4% | -288.4% | +2.1% | +5.3% |
| Depreciation | 6.76 | 6.43 | 6.56 | 6.48 | 6.41 | 12.15 | 12.23 | 12.21 |
| Interest | 7.93 | 7.62 | 9.23 | 8.38 | 7.91 | 7.86 | 7.88 | 7.63 |
| Profit before tax | (9.56) | 1,083 | (16.53) | (20.22) | 4.33 | (488) | (17.28) | (4.16) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (9.56) | 1,083 | (16.53) | (20.22) | 4.33 | (488) | (17.28) | (4.16) |
| EPS (₹) | (0.66) | 88.50 | (1.42) | (1.75) | 0.37 | (42.16) | (1.49) | (0.36) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 562 | 566 | 670 | 657 | 1,118 | 988 | 683 |
| Revenue growth | -0.9% | -15.4% | +1.9% | -41.2% | +13.2% | +44.6% | - |
| Other income | 1,096 | 0.95 | 1.50 | 1,750 | 1.25 | 0.78 | 11.62 |
| Total expenses | 548 | 1,005 | 665 | 649 | 1,101 | 2,041 | 733 |
| Employee cost | 0.00 | 27.11 | 25.96 | 35.99 | 41.65 | 40.69 | 50.51 |
| EBITDA | 13.67 | (438) | 5.11 | 8.70 | 17.84 | (1,053) | (49.93) |
| EBITDA margin | +2.4% | -77.3% | +0.8% | +1.3% | +1.6% | -106.5% | -7.3% |
| Depreciation | 25.88 | 48.66 | 48.59 | 72.60 | 85.48 | 128 | 134 |
| Interest | 33.14 | 30.79 | 29.91 | 25.37 | 20.84 | 16.99 | 19.54 |
| Profit before tax | 1,050 | (517) | (71.89) | 1,660 | (87.23) | (1,197) | (192) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (38.96) | (47.23) | (71.97) | (87.55) | (87.40) | (141) | (192) |
| Net profit margin | -6.9% | -8.3% | -10.7% | -13.3% | -7.8% | -14.3% | -28.1% |
| EPS (₹) | 85.85 | (44.61) | (6.21) | 143.39 | (7.53) | (103.40) | (16.57) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 129 | 116 | 116 | 116 | 116 | 116 | 116 |
| Reserves & surplus | (386) | (1,477) | (960) | (888) | (2,549) | (2,462) | (1,264) |
| Shareholders' funds (net worth) | (220) | (1,361) | (844) | (772) | (2,433) | (2,346) | (1,148) |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 310 | 1,312 | 1,321 | 1,303 | 3,422 | 3,426 | 3,431 |
| Unsecured loans | 81.52 | 85.55 | 88.18 | 91.35 | 58.58 | 60.68 | 48.85 |
| Total debt | 392 | 1,398 | 1,409 | 1,394 | 3,481 | 3,486 | 3,479 |
| Total liabilities | 173 | 37.79 | 567 | 625 | 1,054 | 1,148 | 2,356 |
| Assets | |||||||
| Gross block | 1,408 | 1,384 | 1,371 | 1,366 | 3,366 | 3,365 | 3,374 |
| Net block | 446 | 447 | 920 | 960 | 1,625 | 1,704 | 2,679 |
| Capital work in progress | 0.00 | 0.00 | 38.75 | 38.75 | 38.75 | 38.75 | 290 |
| Investments | 4.20 | 4.20 | 4.20 | 4.27 | 4.20 | 4.19 | 4.19 |
| Inventories | 15.87 | 11.64 | 8.16 | 7.78 | 30.56 | 34.82 | 32.80 |
| Sundry debtors | 0.05 | 0.95 | 0.00 | 0.00 | 0.00 | 0.00 | 9.08 |
| Cash & bank balances | 3.04 | 2.97 | 25.68 | 20.87 | 13.62 | 10.20 | 9.41 |
| Loans & advances | 56.29 | 61.23 | 23.28 | 29.29 | 53.38 | 59.22 | 34.11 |
| Total current assets | 75.25 | 76.79 | 57.12 | 57.94 | 97.56 | 104 | 85.40 |
| Total current liabilities | 362 | 496 | 466 | 443 | 714 | 705 | 709 |
| Net working capital | (287) | (419) | (409) | (385) | (616) | (601) | (624) |
| Total assets | 173 | 37.79 | 567 | 625 | 1,054 | 1,148 | 2,356 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.23 | 0.04 | 0.04 | 0.05 | 0.06 | 7.35 | 0.88 |
| Net cash from operating activities | 36.13 | 25.54 | 17.44 | 26.41 | 17.37 | 13.42 | 58.65 |
| Net cash from investing activities | (24.92) | (12.32) | (9.14) | (18.53) | (8.68) | 1.32 | 11.34 |
| Net cash from financing activities | (8.91) | (13.03) | (8.30) | (7.89) | (8.70) | (13.96) | (63.52) |
| Net change in cash | 2.30 | 0.19 | 0.00 | (0.01) | (0.01) | 0.78 | 6.47 |
| Closing cash | 3.04 | 2.97 | 25.68 | 20.87 | 13.62 | 10.20 | 9.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -0.9% | -15.4% | +1.9% | -41.2% | +13.2% | +44.6% | - |
| EBITDA growth | +103.1% | -8672.2% | -41.3% | -51.2% | +101.7% | -2008.2% | - |
| PBT growth | +9998.0% | -618.5% | - | +9998.0% | +92.7% | -523.9% | -18.7% |
| Net income growth | +17.5% | +34.4% | +17.8% | -0.2% | +38.0% | +26.5% | - |
| Revenue CAGR (3Y) | -5.1% | -20.3% | -12.2% | -1.3% | -7.5% | -21.8% | -24.0% |
| EBITDA CAGR (3Y) | +16.3% | - | - | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +187.0% | -91.2% | -10.7% | +252.5% | -7.8% | -121.2% | -28.1% |
| Return on capital employed | - | 0.0% | 0.0% | -3.9% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | +10.4% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -271.42 | -6.33 | -68.79 | -39.70 | -30.81 | -1.44 | -10.62 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.41 | 0.49 | 0.28 | 0.33 | 0.29 | 0.20 |
| Inventory turnover | - | 57.22 | 84.05 | 34.30 | 34.21 | 29.23 | 10.13 |
| Debtors turnover | - | 1,192.61 | 0.00 | 0.00 | 0.00 | 217.66 | 32.31 |
| EPS (₹) | 85.85 | (44.61) | (6.21) | 143.39 | (7.53) | (103.40) | (16.57) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (117.53) | (72.90) | (66.68) | (210.14) | (202.64) | (99.13) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 120 | 171 | 145 | 75.85 | 171 | 162 | 119 | 151 |
| Revenue growth (YoY) | -29.6% | +5.3% | +22.1% | -49.6% | +26.9% | - | - | - |
| Other income | 0.06 | 1,090 | 0.17 | 3.23 | 0.88 | 0.13 | 0.34 | 7.74 |
| Total expenses | 115 | 164 | 146 | 84.44 | 153 | 631 | 116 | 143 |
| EBITDA | 5.07 | 6.54 | (0.91) | (8.59) | 17.77 | (468) | 2.49 | 7.94 |
| EBITDA margin | +4.2% | +3.8% | -0.6% | -11.3% | +10.4% | -288.4% | +2.1% | +5.3% |
| Depreciation | 6.76 | 6.43 | 6.56 | 6.48 | 6.41 | 12.15 | 12.23 | 12.21 |
| Interest | 7.93 | 7.62 | 9.23 | 8.38 | 7.91 | 7.86 | 7.88 | 7.63 |
| Profit before tax | (9.56) | 1,083 | (16.53) | (20.22) | 4.33 | (488) | (17.28) | (4.16) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 562 | 566 | 670 | 572 | 792 | 611 | 348 |
| Revenue growth | -0.9% | -15.4% | +17.0% | -27.7% | +29.6% | +75.7% | - |
| Other income | 1,096 | 0.94 | 1.50 | 1.65 | 1.23 | 0.52 | 39.72 |
| Total expenses | 548 | 1,005 | 665 | 963 | 776 | 836 | 407 |
| Employee cost | 0.00 | 27.11 | 25.96 | 28.71 | 28.48 | 26.75 | 28.45 |
| EBITDA | 13.67 | (438) | 5.11 | (391) | 16.43 | (225) | (59.45) |
| EBITDA margin | +2.4% | -77.3% | +0.8% | -68.3% | +2.1% | -36.8% | -17.1% |
| Depreciation | 25.88 | 48.66 | 48.59 | 46.82 | 46.26 | 46.52 | 48.32 |
| Interest | 33.14 | 30.79 | 29.91 | 27.73 | 23.97 | 19.61 | 16.81 |
| Profit before tax | 1,050 | (517) | (71.89) | (464) | (52.57) | (290) | (84.86) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (38.96) | (47.24) | (71.97) | (65.36) | (52.74) | (75.13) | (84.94) |
| Net profit margin | -6.9% | -8.3% | -10.7% | -11.4% | -6.7% | -12.3% | -24.4% |
| EPS (₹) | 85.85 | (44.61) | (6.21) | (40.05) | (4.54) | (25.07) | (7.33) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 129 | 116 | 116 | 116 | 116 | 116 | 116 |
| Reserves & surplus | (386) | (1,477) | (960) | (888) | (425) | (372) | (80.55) |
| Shareholders' funds (net worth) | (220) | (1,361) | (844) | (772) | (309) | (256) | 35.24 |
| Secured loans | 310 | 1,312 | 1,321 | 1,303 | 1,303 | 1,303 | 1,305 |
| Unsecured loans | 81.52 | 85.55 | 88.18 | 91.35 | 92.42 | 92.69 | 47.98 |
| Total debt | 392 | 1,398 | 1,409 | 1,394 | 1,395 | 1,396 | 1,353 |
| Total liabilities | 173 | 37.78 | 567 | 625 | 1,091 | 1,144 | 1,441 |
| Assets | |||||||
| Gross block | 1,408 | 1,384 | 1,371 | 1,366 | 1,349 | 1,350 | 1,355 |
| Net block | 446 | 447 | 920 | 960 | 988 | 1,030 | 1,079 |
| Capital work in progress | 0.00 | 0.00 | 38.75 | 38.75 | 38.75 | 38.75 | 290 |
| Investments | 4.22 | 4.22 | 4.22 | 4.29 | 4.29 | 4.29 | 4.29 |
| Inventories | 15.87 | 11.64 | 8.16 | 7.78 | 12.16 | 19.39 | 17.25 |
| Sundry debtors | 0.05 | 0.95 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 3.02 | 2.94 | 25.66 | 20.85 | 12.61 | 10.16 | 8.33 |
| Loans & advances | 56.29 | 61.23 | 23.27 | 29.28 | 433 | 422 | 402 |
| Total current assets | 75.23 | 76.76 | 57.09 | 57.91 | 458 | 451 | 427 |
| Total current liabilities | 362 | 496 | 466 | 443 | 400 | 382 | 366 |
| Net working capital | (287) | (419) | (409) | (385) | 57.72 | 69.60 | 61.17 |
| Total assets | 173 | 37.78 | 567 | 625 | 1,091 | 1,144 | 1,441 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.21 | 0.02 | 0.02 | 0.02 | 0.02 | 6.35 | 0.85 |
| Net cash from operating activities | 36.13 | 25.52 | 17.44 | 24.73 | 11.77 | 15.89 | 13.40 |
| Net cash from investing activities | (24.92) | (12.31) | (9.14) | (16.50) | (3.13) | 0.33 | 39.46 |
| Net cash from financing activities | (8.91) | (13.02) | (8.30) | (8.24) | (8.65) | (14.48) | (47.35) |
| Net change in cash | 2.30 | 0.19 | 0.00 | 0.00 | 0.00 | 1.74 | 5.50 |
| Closing cash | 2.51 | 2.94 | 25.66 | 20.85 | 12.61 | 10.16 | 8.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -0.9% | -15.4% | +17.0% | -27.7% | +29.6% | +75.7% | - |
| EBITDA growth | +103.1% | -8672.2% | +101.3% | -2478.7% | +107.3% | -277.9% | - |
| PBT growth | +9998.0% | -618.5% | +84.5% | -782.1% | +81.9% | -242.0% | -28.3% |
| Net income growth | +17.5% | +34.4% | -10.1% | -23.9% | +29.8% | +11.6% | - |
| Revenue CAGR (3Y) | -0.6% | -10.6% | +3.1% | +18.1% | -0.6% | -10.7% | -37.1% |
| EBITDA CAGR (3Y) | - | - | - | +87.3% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +187.0% | -91.2% | -10.7% | -81.0% | -6.6% | -47.5% | -24.4% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 17.52 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.18 |
| Interest cover | -271.42 | -6.33 | -68.79 | -6.34 | -80.36 | -7.23 | -15.60 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.41 | 0.49 | 0.42 | 0.59 | 0.45 | 0.26 |
| Inventory turnover | - | 57.22 | 84.05 | 57.42 | 50.21 | 33.36 | 8.62 |
| Debtors turnover | - | 1,192.61 | 0.00 | 0.00 | 0.00 | 0.00 | 39.64 |
| EPS (₹) | 85.85 | (44.61) | (6.21) | (40.05) | (4.54) | (25.07) | (7.33) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (117.53) | (72.90) | (66.68) | (26.68) | (22.13) | 3.04 |
To see the full year-wise statements and ratios of Visa Chrome Limited, buy the company report.
Board of directors of Visa Chrome Limited
Visa Chrome has 6 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishambhar Saran | Whole-Time Director | 10 Sep 1996 | 30 Years 1 Months | Current |
| Vishal Agarwal Also directs: Visa Special Steel Limited, Visa Natural Resources Limited, Visa Coke Limited and 5 more | Managing Director | 10 Sep 1996 | 30 Years 1 Months | Current |
| Manoj Kumar Also directs: Visa Special Steel Limited, Visa Ferrous Private Limited, Visa Steel Holdings Limited and 2 more | Managing Director | 15 Sep 2026 | 0 Years 1 Months | Current |
| Ritu Bajaj Also directs: Ar Bajaj & Associates LLP, Kesoram Textile Mills Limited, Arantya Sales Private Limited and 1 more | Director | 24 Aug 2023 | 3 Years 2 Months | Current |
| Biswajit Chongdar | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Anutosh Maitra Also directs: Visa Coke Limited, Visa Industries Limited | Additional Director | 29 Sep 2026 | 0 Years 1 Months | Current |
Peer comparison
Visa Chrome Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balajee Loha Private Limited | ₹570.79 Cr (FY 2025) | 8.0% | Raipur, Chhattisgarh, India | |||
| Shri Shyam Ispat(India) Private Limited | ₹568.86 Cr (FY 2025) | -5.0% | Raipur, Chhattisgarh, India | |||
| CHW Forge Private Limited | ₹568.18 Cr (FY 2025) | -4.0% | Ghaziabad, Uttar Pradesh, India | |||
| Jailaxmi Casting and Alloys Private Limited | ₹565.83 Cr (FY 2025) | 1.0% | Aurangabad, Maharashtra, India | |||
| KB Ispat Private Limited | ₹565.68 Cr (FY 2025) | 48.0% | Bhavnagar, Gujarat, India | |||
| Nilkanth Concast Private Limited | ₹565.4 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Visa Chrome Limitedthis company | ₹561.62 Cr (FY 2026) | -₹38.96 Cr | -6.9% | -0.9% | 335 | Bhubaneswar, Odisha, India |
To see the full peer comparison of Visa Chrome Limited, buy the company report.
Auditor
Visa Chrome Limited is audited by M/s. Singhi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. Singhi & Co. | FY 2023 | 302049E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 62.40%, foreign institutional investors hold 13.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 24.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 62.40% | 57.60% | 57.60% | 52.70% |
| Public | 37.60% | 42.40% | 42.40% | 47.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101179656 | Others | ₹22 Cr | Open | |
| 19 Apr 2017 | 100106902 | Others | ₹30 Cr | Open | |
| 31 Jul 2015 | 10588214 | Others | ₹15 Cr | Open | |
| 27 Jul 2015 | 10591072 | Vijaya Bank | ₹9.5 Cr | Open | |
| 29 Jun 2015 | 10594413 | Others | ₹15 Cr | Open |
To see the full charge records of Visa Chrome Limited, buy the company report.
Total charge records: 139 View all charges
Legal cases
Visa Chrome Limited has 224 court cases on record: 140 filed by Visa Chrome, 84 filed against it. 60 cases are pending and 164 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 158 | 45 | 36 |
| District courts | 45 | 24 | 14 |
| Supreme Court | 12 | 6 | 3 |
| NCLAT | 7 | 7 | 7 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 224)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Arbitration matter | Filed against the company by Odisha Mining Corporation Ltd and Another | Pending |
| District court, Cuttack, Odisha | Court case (Ex.P.) | Filed against the company by Kohli Builders and Developers Pvt Ltd | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Odisha Mining Corporation Limited., Bhubaneswar and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Chhattisgarh State Industrial Development Corporation Limited and 3 others | Pending |
| High Court, ORISSA | Writ petition | Filed against the company by TP Northern Odisha Distribution Ltd. Jajpur | Pending |
To see the full case history of Visa Chrome 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 Visa Chrome Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Visa Chrome has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kalinganagar Chrome Private Limited | U27100OR2013PTC017080 |
To see the full group structure of Visa Chrome Limited, buy the company report.
Employees & EPFO
Visa Chrome Limited has a workforce of 335 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Visa Chrome Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Visa Chrome Limited has 58 board changes on record since 1996: 32 appointments and 26 cessations. The latest: Anutosh Maitra was appointed as Additional Director on 29 Sep 2026.
303 earlier events are in the company report.
News
Frequently asked questions
Visa Chrome is an active public limited company based in Bhubaneswar, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 September 1996 (30+ years old) and is registered under CIN L51109OR1996PLC004601. Listed on BSE: 532721.
Visa Chrome reported revenue of ₹561.62 Cr for FY 2025-26 (down 0.9% YoY) based on consolidated financials.
Visa Chrome has 6 current directors:
- Vishal Agarwal - Managing Director
- Manoj Kumar - Managing Director
- Vishambhar Saran - Whole-Time Director
- Ritu Bajaj - Director
- Biswajit Chongdar - Director
- Anutosh Maitra - Additional Director
The latest financial statements of Visa Chrome on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Visa Chrome is L51109OR1996PLC004601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Visa Chrome is a listed company as per MCA records. Its shares are listed on BSE (code: 532721).
Visa Chrome has 224 court cases on record: 140 filed by the company and 84 filed against it. 60 are pending. Most are in the high courts.
Visa Chrome was incorporated on 10 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Visa Chrome by revenue are Balajee Loha Private Limited, Shri Shyam Ispat(India) Private Limited, CHW Forge Private Limited, Jailaxmi Casting and Alloys Private Limited, KB Ispat Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Anutosh Maitra was appointed as Additional Director on 29 Sep 2026. Manoj Kumar was appointed as Managing Director on 15 Sep 2026. Rupanjana De ceased to be Director on 26 Aug 2023. Visa Chrome has 58 board changes on record in total.
Visa Chrome can be reached through the website visasteel.com. Its registered office is in Bhubaneswar, Odisha, India.
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