About Visa Industries Limited
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Visa Industries Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Visa Group Family Foundation. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27209WB2003PLC237675. Its GSTIN is 19AACCK4533F1ZN (West Bengal). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹5.22 Cr. It was formerly known as Visa Aluminium Limited and Khandadhar Minerals Limited. It is led by directors including Arun Kumar Agarwal (Whole-Time Director) and Vishal Agarwal.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Visa House 8/10 Alipore Road, Kolkata, West Bengal, India – 700027.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,011.68 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹7.38 Cr (net margin 0.7%) and EBITDA of ₹53.18 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 77% over five years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 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 visa-group.com.
Company details
Name history
Visa Industries has undergone 3 name changes throughout its history. The company was previously known as Visa Aluminium Limited, Khandadhar Minerals Limited, and Visa Industries Limited. The current legal name is Visa Industries Limited.
| Company Name | Status |
|---|---|
| Visa Industries Limited | Current |
| Visa Aluminium Limited | Previous |
| Khandadhar Minerals Limited | Previous |
CIN history
Visa Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27209WB2003PLC237675, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27209WB2003PLC237675 | Current |
| U13100OR2003PLC007228 | Previous |
| U27209OR2003PLC007228 | Previous |
Contact details
Visa Industries Limited's registered office is in Kolkata, West Bengal. Its website is visa-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVisa House 8/10 Alipore Road, Kolkata, West Bengal, India – 700027
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Visa Industries 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
Business activity
The main business activity of Visa Industries is manufacturing. In detail, this covers manufacture of coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 19 | Manufacture of coke and refined petroleum products |
To see the full business activity and turnover split of Visa Industries Limited, buy the company report.
Financials of Visa Industries Limited
FY 2025 filings availableVisa Industries Limited reported revenue of ₹1,011.68 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 77% over five years, including 19% growth in the latest year. EBITDA fell 32% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,011.68 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹53.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.38 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Visa Industries Limited, buy the company report.
Board of directors of Visa Industries Limited
Visa Industries has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Agarwal Also directs: Visa Ferrous Private Limited, Visa Power Trading Company Limited | Whole-Time Director | 01 Jun 2020 | 6 Years 5 Months | Current |
| Vishal Agarwal | Director | 16 Jun 2010 | 16 Years 4 Months | Current |
| Anutosh Maitra Also directs: Visa Chrome Limited, Visa Coke Limited | Director | 13 Sep 2021 | 5 Years 1 Months | Current |
| Anuradha Roy | Director | 13 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Visa Industries Limited is audited by L. B. Jha & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L. B. Jha & Co | FY 2025 | 301088E |
Shareholding
The shareholding of Visa Industries Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Visa Industries Limited, buy the company report.
Legal cases
Visa Industries Limited has 3 court cases on record: 1 filed by Visa Industries, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Appeal | Filed against the company by Punjab National Bank,Kolkata M/S.S.S.Rao, S.E.Haque, A.Mohapatra, A.Mohanty | Pending |
| High Court | Civil suit | Filed against the company by Tranfield Shipping Inc Prasanta Naskar | Pending |
| High Court | Writ petition | Filed by the company against State | Disposed |
To see the full case history of Visa Industries 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 Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Visa Industries has 3 subsidiary companies. 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 Special Steel Private Limited | U27100OR2013PTC016907 | |
| Visa Special Steel Limited | U27100WB2012PLC234197 | |
| Visa Ferro Chrome Limited | U27310WB2013PLC237653 |
To see the full group structure of Visa Industries Limited, buy the company report.
Employees & EPFO
Visa Industries Limited has a workforce of 19 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 19 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Visa Industries Limited, buy the company report.
GST
Visa Industries has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCK4533F1ZN | West Bengal | Active | 01 Jul 2020 |
| 19AACCK4533F2ZM | West Bengal | Active | 18 Feb 2022 |
| 21AACCK4533F1Z2 | Odisha | Active | 08 Jan 2020 |
To see the full GST registrations and return filing status of Visa Industries Limited, buy the company report.
Recent activity
Visa Industries Limited has 28 board changes on record since 2003: 16 appointments and 12 cessations. The latest: Anand Salpekar ceased to be Managing Director on 01 Jul 2025.
19 earlier events are in the company report.
Frequently asked questions
Visa Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 July 2003 (23+ years old) and is registered under CIN U27209WB2003PLC237675.
Visa Industries has 4 current directors:
- Arun Kumar Agarwal - Whole-Time Director
- Vishal Agarwal - Director
- Anutosh Maitra - Director
- Anuradha Roy - Director
The latest financial statements of Visa Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Visa Industries is 19AACCK4533F1ZN, registered in West Bengal. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AACCK4533F2ZM (West Bengal), 21AACCK4533F1Z2 (Odisha).
The CIN (Corporate Identification Number) of Visa Industries is U27209WB2003PLC237675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visa Industries has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending.
Visa Industries was incorporated on 08 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Anand Salpekar ceased to be Managing Director on 01 Jul 2025. Anuradha Roy was appointed as Director on 13 Sep 2021. Anutosh Maitra was appointed as Director on 13 Sep 2021. Visa Industries has 28 board changes on record in total.
Visa Industries can be reached through the website visa-group.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Visa Industries is at Visa House 810 Alipore Road, Kolkata, West Bengal, India – 700027.
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