About Vishal Bearings Limited
Data last updated: 05 January 2026
Vishal Bearings Limited is a public limited company based in Rajkot, Gujarat, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 24 July 1991, the company has been in operation for over 35 years.
Registered with ROC Ahmedabad under CIN L29130GJ1991PLC016005. Listed on BSE: 539398.
Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.79 Cr. Formerly known as Vishal Bearings Private Limited. It is led by directors including Abhishek Bardia and Amee Ketankumar Dadhania.
Last AGM: 20 September 2025. Financial statements filed for year ended 31 March 2025. Office: Survey No 22/1 Plot No 1Shapar Main Road Shapar (Veraval), Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.89 Cr, a decline of 12% compared to the previous year.
The company has a workforce of approximately 105 employees as per the latest available data.
The company is associated with 1 brand - Vishal Bearing. As per MCA filings, the company has open charges of ₹51.5 Cr and satisfied charges of ₹3.24 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vishalbearings.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressSurvey No 22/1 Plot No 1Shapar Main Road Shapar (Veraval), Rajkot, Gujarat, India – 360002
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Vishal Bearings Limited
Vishal Bearings Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L29130GJ1991PLC016005, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29130GJ1991PLC016005 | Current |
| U29130GJ1991PTC016005 | Previous |
| U29130GJ1991PLC016005 | Previous |
Associated Brands with Vishal Bearings Limited
Vishal Bearings Limited operates one associated brand: Vishal Bearing. These brands represent Vishal Bearings Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of bearings | vishalbearings.com |
Business Activity of Vishal Bearings Limited
Vishal Bearings Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | ********* |
Auditor Details of Vishal Bearings Limited
Vishal Bearings Limited is audited by ANIL PAREKH & CO. (ICAI peer reviewed, certificate valid till 2028-08-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| ANIL PAREKH & CO. (ICAI peer reviewed, certificate valid till 2028-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Vishal Bearings Limited
Vishal Bearings Limited is currently managed by 8 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Abhishek Bardia
Also directs:
Vishal Bearings Limited
|
Director | 28 Aug 2023 | 2 Years 10 Months | Current |
|
Amee Ketankumar Dadhania
Also directs:
Vishal Bearings Limited
|
Director | 27 Aug 2019 | 6 Years 10 Months | Current |
|
Amit Pravinbhai Nindroda
Also directs:
Vishal Bearings Limited, Rexton Rubbers Private Limited
|
Director | 29 Aug 2022 | 3 Years 10 Months | Current |
| Vijay Vrajlal Changela | Whole-Time Director | 28 Aug 2023 | 2 Years 10 Months | Current |
|
Dilipkumar Gordhandas Changela
Also directs:
Virdeep Bearing Rollers Llp, Vishal Bearings Limited
|
Managing Director | 24 Jul 1991 | 34 Years 11 Months | Current |
|
Divyeshkumar Hiralal Changela
Also directs:
Virdeep Bearing Rollers Llp, Vishal Bearings Limited, Virdeep Engineering Private Limited and 1 more
|
Whole-Time Director | 28 Aug 2023 | 2 Years 10 Months | Current |
Financials of Vishal Bearings Limited FY 2026 filings available
Vishal Bearings Limited reported revenue of ₹87.94 Cr (up 1.5% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹87.94 Cr | ₹86.64 Cr | ₹96.68 Cr | ₹115.51 Cr | ₹108.12 Cr | ₹57.71 Cr | ₹51.86 Cr | ₹55.44 Cr |
| Other Income | ₹44.64 Lakh | ₹24.47 Lakh | ₹2.11 Cr | ₹4.4 Lakh | ₹1.06 Cr | ₹34.1 Lakh | ₹82.32 Lakh | ₹1.06 Cr |
| Total Income | ₹88.39 Cr | ₹86.89 Cr | ₹98.8 Cr | ₹115.56 Cr | ₹109.18 Cr | - | - | - |
| Cost of Materials Consumed | ₹48.8 Cr | ₹52.11 Cr | ₹59.71 Cr | ₹67.32 Cr | ₹65.65 Cr | ₹35.84 Cr | ₹34.13 Cr | ₹33.3 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹2.02 Cr | -₹2.15 Cr | -₹2.25 Cr | -₹1.74 Cr | ₹1.08 Cr | -₹37.4 Lakh | -₹2.26 Cr | ₹83.97 Lakh |
| Employee Benefit Expense | ₹14.59 Cr | ₹15.03 Cr | ₹15.31 Cr | ₹13.6 Cr | ₹11.95 Cr | ₹7.76 Cr | ₹7.85 Cr | ₹6.24 Cr |
| Finance Costs | ₹4.78 Cr | ₹4.79 Cr | ₹3.45 Cr | ₹4.25 Cr | ₹3.05 Cr | ₹2.49 Cr | ₹2.98 Cr | ₹2.53 Cr |
| Depreciation & Amortisation | ₹6.33 Cr | ₹5.87 Cr | ₹5.02 Cr | ₹4.7 Cr | ₹3.67 Cr | - | - | - |
| Other Expenses | ₹12.65 Cr | ₹13.94 Cr | ₹15.97 Cr | ₹16.55 Cr | ₹14.37 Cr | ₹8.06 Cr | ₹6.38 Cr | ₹6.31 Cr |
| Total Expenses | ₹89.18 Cr | ₹89.6 Cr | ₹97.21 Cr | ₹104.68 Cr | ₹99.76 Cr | ₹57.43 Cr | ₹52.72 Cr | ₹51.99 Cr |
| Profit Before Exceptional Items & Tax | -₹78.91 Lakh | -₹2.71 Cr | ₹1.59 Cr | ₹10.88 Cr | ₹9.41 Cr | - | - | - |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | - | - |
| Profit Before Tax | -₹78.91 Lakh | -₹2.71 Cr | ₹1.59 Cr | ₹10.88 Cr | ₹9.41 Cr | ₹62.46 Lakh | -₹3.59 Lakh | ₹4.51 Cr |
| Total Tax Expense | -₹8.04 Lakh | -₹12.25 Lakh | ₹48.14 Lakh | ₹2.87 Cr | ₹2.65 Cr | ₹22.63 Lakh | -₹4.61 Lakh | ₹1.08 Cr |
| Net Profit | -₹70.87 Lakh | -₹2.59 Cr | ₹1.11 Cr | ₹8.01 Cr | ₹6.76 Cr | ₹39.83 Lakh | ₹1.02 Lakh | ₹3.42 Cr |
| Other Comprehensive Income | -₹7.13 Lakh | ₹29.62 Lakh | ₹98.51 Lakh | -₹13.41 Lakh | ₹47.01 Lakh | - | - | - |
| Total Comprehensive Income | -₹78 Lakh | -₹2.3 Cr | ₹2.09 Cr | ₹7.88 Cr | ₹7.23 Cr | - | - | - |
| EBITDA (computed) | ₹10.32 Cr | ₹7.95 Cr | ₹10.06 Cr | ₹19.83 Cr | ₹16.14 Cr | - | - | - |
| Basic EPS | ₹-0.72 | ₹-2.13 | ₹1.94 | ₹7.30 | ₹6.70 | - | - | - |
| Diluted EPS | ₹0.00 | ₹0.00 | ₹0.00 | ₹7.30 | ₹6.70 | - | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹112 Cr | ₹106.18 Cr | ₹104.72 Cr | ₹93.25 Cr | ₹92.58 Cr | ₹59.34 Cr | ₹60.3 Cr | ₹58.71 Cr |
| Non-current Assets | ₹46.95 Cr | ₹39.83 Cr | ₹33.51 Cr | ₹31.57 Cr | ₹21.41 Cr | ₹23.29 Cr | ₹22.27 Cr | ₹21.78 Cr |
| Current Assets | ₹65.05 Cr | ₹66.35 Cr | ₹71.21 Cr | ₹61.68 Cr | ₹71.17 Cr | ₹36.05 Cr | ₹38.02 Cr | ₹36.93 Cr |
| Property, Plant & Equipment | ₹38.78 Cr | ₹31.21 Cr | ₹29.77 Cr | ₹21.83 Cr | ₹21.47 Cr | - | - | - |
| Inventories | ₹47.46 Cr | ₹47.9 Cr | ₹47.04 Cr | ₹43.16 Cr | ₹38.11 Cr | ₹19.01 Cr | ₹24.14 Cr | ₹23.2 Cr |
| Trade Receivables | ₹12.98 Cr | ₹12.32 Cr | ₹10.2 Cr | ₹14.66 Cr | ₹21.05 Cr | - | - | - |
| Cash & Equivalents | ₹6.79 Lakh | ₹3.61 Lakh | ₹10.29 Lakh | ₹4.71 Lakh | ₹7.58 Lakh | ₹7 Lakh | ₹13.09 Lakh | ₹12.35 Lakh |
| Equity (Net Worth) | ₹32.37 Cr | ₹33.15 Cr | ₹35.44 Cr | ₹33.35 Cr | ₹25.47 Cr | - | - | - |
| Equity Share Capital | ₹10.79 Cr | ₹10.79 Cr | ₹10.79 Cr | ₹10.79 Cr | ₹10.79 Cr | - | - | - |
| Borrowings (Non-current) | ₹29.71 Cr | ₹25.21 Cr | ₹20.61 Cr | ₹22.59 Cr | ₹23.69 Cr | - | - | - |
| Borrowings (Current) | ₹30.07 Cr | ₹30.25 Cr | ₹28.71 Cr | ₹22.05 Cr | ₹20.35 Cr | - | - | - |
| Total Debt (computed) | ₹59.78 Cr | ₹55.46 Cr | ₹49.32 Cr | ₹44.64 Cr | ₹44.04 Cr | - | - | - |
| Current Liabilities | ₹48.31 Cr | ₹45.68 Cr | ₹45.98 Cr | ₹34.16 Cr | ₹43.42 Cr | ₹15.84 Cr | ₹17.35 Cr | ₹18.98 Cr |
| Total Liabilities | ₹79.63 Cr | ₹73.04 Cr | ₹69.27 Cr | ₹59.9 Cr | ₹67.11 Cr | - | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹13.89 Cr | ₹8.65 Cr | ₹9.98 Cr | ₹11.29 Cr | -₹7.72 Cr |
| Investing Cash Flow | -₹13.01 Cr | -₹8.25 Cr | -₹10.58 Cr | -₹7.22 Cr | -₹5.88 Cr |
| Financing Cash Flow | -₹90.89 Lakh | ₹92.87 Lakh | ₹84.32 Lakh | -₹4 Cr | ₹12.04 Cr |
| Capital Expenditure | ₹16.3 Cr | ₹0 | ₹9.24 Cr | ₹8.24 Cr | ₹4.16 Cr |
| Free Cash Flow (computed) | -₹2.41 Cr | ₹8.65 Cr | ₹73.77 Lakh | ₹3.06 Cr | -₹11.88 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹53.96 Lakh |
| Net Change in Cash | -₹2.85 Lakh | ₹1.33 Cr | ₹24.46 Lakh | ₹6.61 Lakh | -₹1.55 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹23.36 Cr | ₹20.6 Cr | ₹21.75 Cr | ₹22.23 Cr | ₹22.14 Cr | ₹19.18 Cr | ₹22.09 Cr | ₹23.23 Cr |
| Other Income | ₹9.26 Lakh | ₹4.39 Lakh | ₹6.86 Lakh | ₹24.13 Lakh | ₹8.31 Lakh | ₹7.43 Lakh | ₹3.85 Lakh | ₹4.95 Lakh |
| Total Income | ₹23.45 Cr | ₹20.65 Cr | ₹21.82 Cr | ₹22.47 Cr | ₹22.22 Cr | ₹19.26 Cr | ₹22.13 Cr | ₹23.28 Cr |
| Cost of Materials Consumed | ₹12.23 Cr | ₹13.23 Cr | ₹9.8 Cr | ₹13.54 Cr | ₹10.86 Cr | ₹12.85 Cr | ₹14.88 Cr | ₹13.53 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹88.15 Lakh | ₹1.28 Cr | ₹55.19 Lakh | ₹1.08 Cr | -₹2.76 Lakh | ₹46.36 Lakh | -₹3.09 Cr | ₹50.52 Lakh |
| Employee Benefit Expense | ₹4.15 Cr | ₹3.21 Cr | ₹3.68 Cr | ₹3.56 Cr | ₹4.09 Cr | ₹3.44 Cr | ₹3.7 Cr | ₹3.8 Cr |
| Finance Costs | ₹1.22 Cr | ₹1.15 Cr | ₹1.21 Cr | ₹1.19 Cr | ₹1.2 Cr | ₹1.35 Cr | ₹1.12 Cr | ₹1.12 Cr |
| Depreciation & Amortisation | ₹1.85 Cr | ₹1.58 Cr | ₹1.48 Cr | ₹1.43 Cr | ₹1.47 Cr | ₹1.49 Cr | ₹1.5 Cr | ₹1.41 Cr |
| Other Expenses | ₹3.13 Cr | ₹2.69 Cr | ₹3.44 Cr | ₹3.39 Cr | ₹3.67 Cr | ₹2.83 Cr | ₹3.32 Cr | ₹4.14 Cr |
| Total Expenses | ₹21.71 Cr | ₹23.13 Cr | ₹20.15 Cr | ₹24.18 Cr | ₹21.26 Cr | ₹22.43 Cr | ₹21.43 Cr | ₹24.5 Cr |
| Profit Before Exceptional Items & Tax | ₹1.75 Cr | -₹2.49 Cr | ₹1.67 Cr | -₹1.72 Cr | ₹96.38 Lakh | -₹3.17 Cr | ₹70.29 Lakh | -₹1.22 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.75 Cr | -₹2.49 Cr | ₹1.67 Cr | -₹1.72 Cr | ₹96.38 Lakh | -₹3.17 Cr | ₹70.29 Lakh | -₹1.22 Cr |
| Total Tax Expense | ₹10.42 Lakh | -₹3.33 Lakh | -₹10.74 Lakh | -₹4.39 Lakh | -₹1.21 Lakh | -₹49.12 Lakh | -₹19.76 Lakh | ₹15.52 Lakh |
| Net Profit | ₹1.64 Cr | -₹2.45 Cr | ₹1.78 Cr | -₹1.67 Cr | ₹97.59 Lakh | -₹2.68 Cr | ₹90.05 Lakh | -₹1.37 Cr |
| Other Comprehensive Income | -₹24 Lakh | ₹3.59 Lakh | -₹9.07 Lakh | ₹22.35 Lakh | -₹32.97 Lakh | -₹17.4 Lakh | ₹35.62 Lakh | ₹44.38 Lakh |
| Total Comprehensive Income | ₹1.4 Cr | -₹2.42 Cr | ₹1.69 Cr | -₹1.45 Cr | ₹64.62 Lakh | -₹2.85 Cr | ₹1.26 Cr | -₹92.68 Lakh |
| EBITDA (computed) | ₹4.82 Cr | ₹24.33 Lakh | ₹4.36 Cr | ₹89.91 Lakh | ₹3.63 Cr | -₹32.56 Lakh | ₹3.33 Cr | ₹1.31 Cr |
| Basic EPS | ₹1.30 | ₹-2.24 | ₹1.56 | ₹-1.34 | ₹0.60 | ₹-2.64 | ₹1.16 | ₹-0.86 |
| Diluted EPS | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
Shareholding Pattern of Vishal Bearings Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 70.79%, retail and other public shareholders hold 29.21% of Vishal Bearings Limited. The company had 8,058 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 70.79% | 70.79% | 70.79% | 70.79% | 70.79% | 70.79% |
| Public | 29.21% | 29.21% | 29.21% | 29.21% | 29.21% | 29.21% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 70.79% | 70.79% | 70.79% |
| Public | 29.21% | 29.21% | 29.21% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Vishal Bearings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2023 | Sidbi | ₹4.1 Cr | Open |
| 04 Dec 2023 | Sidbi | ₹1.54 Cr | Open |
| 28 Sep 2022 | Others | ₹1 Cr | Open |
| 28 Jan 2022 | Others | ₹2.4 Cr | Open |
| 20 Apr 2009 | Others | ₹42.46 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Vishal Bearings Limited
Vishal Bearings Limited has a workforce of 105 employees as of Apr 14, 2025.
Employee Count & EPFO Data of Vishal Bearings Limited
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GST Compliance of Vishal Bearings Limited
GSTIN & GST Filing Data of Vishal Bearings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Vishal Bearings Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Vishal Bearings Limited
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MSME Payment Delays by Vishal Bearings Limited
MSME Payment Delays by Vishal Bearings Limited
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Subsidiaries & Group Companies of Vishal Bearings Limited
Subsidiaries & Group Companies of Vishal Bearings Limited
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MCA Filings & Documents of Vishal Bearings Limited
MCA Filings & Documents of Vishal Bearings Limited
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Recent Activity on Vishal Bearings Limited
Frequently Asked Questions about Vishal Bearings Limited
Vishal Bearings Limited is an active public limited company in the automotive sector based in Rajkot, Gujarat, India. It was incorporated on 24 July 1991 (35+ years old) and is registered under CIN L29130GJ1991PLC016005. Listed on BSE: 539398. The company has 105 employees.
Vishal Bearings Limited reported revenue of ₹86.89 Cr for FY 2025 (down 12.00% YoY).
The current directors of Vishal Bearings Limited are:
- Abhishek Bardia
- Ketankumar Vallabhbhai Savaliya
- Amee Ketankumar Dadhania
- Amit Pravinbhai Nindroda
- Vijay Vrajlal Changela
- Dilipkumar Gordhandas Changela
- Divyeshkumar Hiralal Changela
- Vishal Vrajlal Changela
The primary industry of Vishal Bearings Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Yes. Vishal Bearings Limited is listed on BSE with code 539398.
Vishal Bearings Limited can be reached at the registered office: Survey No 221 Plot No 1Shapar Main Road Shapar Veraval, Rajkot, Gujarat, India – 360002, or through the website vishalbearings.com.