About Visakha Wire Ropes Limited
Data last updated:
Visakha Wire Ropes Limited is a public limited company based in Vizag, Andhra Pradesh, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 31 March 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U31300AP1977PLC002151. Its GSTIN is 37AAACV7326F1ZB (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Visakha Wire Ropes Pvt Limited. It is led by directors including Anjay Pacheriwala (Managing Director) and Nirmal Kumar Somani.
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 D – 15 D – 16 Eei Estate Near Bhvp, Vizag, Andhra Pradesh, India – 530012.
As per the financials filed for FY 2025, the company reported a revenue of ₹171.71 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Cr (net margin 3.1%) and EBITDA of ₹9.1 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vwrl. As per MCA filings, the company has open charges of ₹22.5 Cr and satisfied charges of ₹39.03 Cr on record. Court records list 23 cases involving the company, including 21 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 vwrl.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD – 15 D – 16 Eei Estate Near Bhvp, Vizag, Andhra Pradesh, India – 530012
- IndustryManufacturing, Cable & Wire
- 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 Visakha Wire Ropes Limited
The main business activity of Visakha Wire Ropes is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Visakha Wire Ropes Limited FY 2025 filings available
Visakha Wire Ropes Limited reported revenue of ₹171.71 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Visakha Wire Ropes Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 10% growth in the latest year. EBITDA rose 34% 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 Visakha Wire Ropes 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 | ₹9.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.31 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 of Visakha Wire Ropes Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 Visakha Wire Ropes 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 Visakha Wire Ropes Limited
Visakha Wire Ropes Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emgee Cables and Communications Limited | ₹175.53 Cr (FY 2017) | •••• | •••• | 19.0% | •••• | Jaipur, Rajasthan, India |
| Jai Ambey Wire Private Limited | ₹175.41 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Raipur, Chhattisgarh, India |
| Paras Polycab Private Limited | ₹175.02 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | New Delhi, Delhi, India |
| Krishan Multimetals & Alloys Private Limited | ₹172.95 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Ludhiana, Punjab, India |
| Mantram Industries Private Limited | ₹171.9 Cr (FY 2025) | •••• | •••• | 196.0% | •••• | Indore, Madhya Pradesh, India |
| Visakha Wire Ropes Limited this company | ₹171.71 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Vizag, Andhra Pradesh, India |
| Hanumat Wires Udyog Private Limited | ₹169.95 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Delhi, India |
| Relemac Technologies Private Limited | ₹167.68 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Durgapuri Shahdara, Delhi, India |
| Avocab India Private Limited | ₹167.46 Cr (FY 2024) | •••• | •••• | 999.0% | •••• | Ahmedabad, Gujarat, India |
| K Patel Metal Industries Private Limited | ₹166.52 Cr (FY 2023) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Geba Cables and Wires India Private Limited | ₹166.25 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Visakha Wire Ropes by revenue in the Manufacturing industry (Cables and Wires), 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 Visakha Wire Ropes Limited
Visakha Wire Ropes Limited is audited by R.K. GARODIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.K. GARODIA & 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 Visakha Wire Ropes Limited
Visakha Wire Ropes has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Somani | Director | 14 Apr 2016 | 10 Years 5 Months | Current |
| Anjay Pacheriwala | Managing Director | 19 May 2007 | 19 Years 4 Months | Current |
| Mahesh Poddar | Director | 04 Aug 2005 | 21 Years 2 Months | Current |
| Abhinav Agrawal Also directs: Krishna Iron and Metals LLP, Krishna Iron and Profiles LLP, Krishna Fields & Investors Pvt Ltd and 3 more | Director | 08 Nov 2005 | 20 Years 11 Months | Current |
| Malvika Poddar Also directs: Miki Steel Works Private Limited | Director | 25 May 2015 | 11 Years 4 Months | Current |
| Subhash Kumar Sharma | Director | 25 May 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Visakha Wire Ropes 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 Visakha Wire Ropes Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2020 | Hdfc Bank Limited | ₹22.5 Cr | Open |
| 24 Mar 2021 | Hdfc Bank Limited | ₹16.5 Cr | Satisfied |
| 24 Feb 2011 | Axis Bank Limited | ₹19.82 Cr | Satisfied |
| 24 Nov 2003 | The Andhra Pradesh State Financial Corporation | ₹50 Lakh | Satisfied |
| 27 Jun 2000 | Punjab National Bank | ₹84 Lakh | Satisfied |
Total charge records: 12 View all charges
Legal Cases of Visakha Wire Ropes Limited
Visakha Wire Ropes Limited has 23 court cases on record: 21 filed by Visakha Wire Ropes, 2 filed against it. 2 cases are pending and 21 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 0 | 1 |
| District courts | 7 | 2 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Criminal case | Filed by the company against Gayatri Poles Industries | Pending |
| High Court of Delhi | Court case (CUSAA) | Filed by the company against Commissioner of Customs Icd Patparganj | Pending |
| District court, Visakapatnam, Andhra Pradesh | Appeal | Filed against the company by an individual | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Appeal | Filed against the company by an individual | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal case | Filed by the company against an individual | Disposed |
Full case history
All 23 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.
MSME Payment Delays by Visakha Wire Ropes Limited
Visakha Wire Ropes Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Testmach Intech LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Visakha Wire Ropes Limited
Visakha Wire Ropes operates one associated brand: Vwrl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of high-tensile steel wire and wire rope products | vwrl.co.in |
Employees and EPFO Compliance at Visakha Wire Ropes Limited
Visakha Wire Ropes Limited has a workforce of 49 employees as of Oct 10, 2025.
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 Visakha Wire Ropes Limited
Visakha Wire Ropes Limited has 14 board changes on record since 1996: 10 appointments and 4 cessations. The latest: Nirmal Kumar Somani was appointed as Director on 14 Apr 2016.
31 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Visakha Wire Ropes 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.
Subsidiaries & Group Companies of Visakha Wire Ropes 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 Visakha Wire Ropes Limited
Visakha Wire Ropes has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACV7326F1ZB | Andhra Pradesh | Active | 01 Jul 2017 |
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 Visakha Wire Ropes 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 Visakha Wire Ropes Limited
Visakha Wire Ropes is an active public limited company based in Vizag, Andhra Pradesh, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 31 March 1977 (49+ years old) and is registered under CIN U31300AP1977PLC002151.
Visakha Wire Ropes reported revenue of ₹171.71 Cr for FY 2025 (up 10% YoY).
Visakha Wire Ropes has 6 current directors:
- Anjay Pacheriwala - Managing Director
- Nirmal Kumar Somani - Director
- Mahesh Poddar - Director
- Abhinav Agrawal - Director
- Malvika Poddar - Director
- Subhash Kumar Sharma - Director
Visakha Wire Ropes reported a net profit of ₹5.31 Cr (net margin 3.1%) and EBITDA of ₹9.1 Cr (EBITDA margin 5.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Visakha Wire Ropes is 15% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Visakha Wire Ropes is 37AAACV7326F1ZB, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Visakha Wire Ropes is U31300AP1977PLC002151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visakha Wire Ropes has 23 court cases on record: 21 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Visakha Wire Ropes was incorporated on 31 March 1977, making it 49+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Visakha Wire Ropes by revenue are Emgee Cables and Communications Limited, Jai Ambey Wire Private Limited, Paras Polycab Private Limited, Krishan Multimetals & Alloys Private Limited, Mantram Industries Private Limited and 5 more, all in the Manufacturing industry (Cables and Wires).
Nirmal Kumar Somani was appointed as Director on 14 Apr 2016. Nutan Karamchand Kolli ceased to be Director on 14 Apr 2016. Malvika Poddar was appointed as Director on 25 May 2015. Visakha Wire Ropes has 14 board changes on record in total.
Visakha Wire Ropes has 2 MSME Form 1 returns on record between 2021 and 2022, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Apr 2022.