MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0015406
Vishal Udyog Pvt Ltd
Vishal Udyog Pvt Ltd - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.65 Cr
▲ 22% YoY
Net profit · FY 2025
₹27.09 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹1.6 Cr
EBITDA margin 3.3%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Open charges
₹43.1 Cr
Satisfied ₹6.3 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
12
Provident fund records
About Vishal Udyog Pvt Ltd
Data last updated:
Vishal Udyog Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1993PTC013161. Its GSTIN is 03AAACV5452G1ZL (Punjab).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors Sikand Mahindru and Vishal Mahindru.
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 E 113 Phase Ivfocal Point Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.65 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹27.09 Lakh (net margin 0.6%) and EBITDA of ₹1.6 Cr (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹43.1 Cr and satisfied charges of ₹6.3 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in October 2016. Its 3 peer companies in the Automobiles industry (Cycles), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Allwyn Bikes Private Limited with revenue of ₹59.39 Cr.
Vishal Udyog Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0015406). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35921PB1993PTC013161
Registration Number 013161
Incorporation Date 24 March 1993
ROC Chandigarh
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-PB-12-0015406
Key People
Sikand Mahindru Director Vishal Mahindru Director Recognitions & Rankings of Vishal Udyog
Contact details
Vishal Udyog Pvt Ltd's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE 113 Phase Ivfocal Point Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Vishal Udyog Pvt Ltd, buy the company report.
Comprehensive company report
Vishal Udyog Pvt Ltd - 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 Vishal Udyog is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vishal Udyog Pvt Ltd, buy the company report.
Financials of Vishal Udyog Pvt Ltd
FY 2025 filings availableVishal Udyog Pvt Ltd reported revenue of ₹48.65 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹48.65 Cr ▲ 22%
Net profit · FY 2025
₹27.09 Lakh margin 0.6%
EBITDA · FY 2025
₹1.6 Cr margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 15%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 54%
5 years · compounded
▲ 23%
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 6% 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 | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.09 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Vishal Udyog Pvt Ltd, buy the company report.
Board of directors of Vishal Udyog Pvt Ltd
Vishal Udyog has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sikand Mahindru | Director | 20 Feb 2023 | 3 Years 8 Months | Current |
| Vishal Mahindru Also directs: Ceda Greens Limited | Director | 15 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Vishal Udyog Pvt Ltd is compared with the 3 companies closest to it by revenue in the Automobiles industry (Cycles), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Allwyn Bikes Private Limited | ₹59.39 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Vishal Udyog Pvt Ltdthis company | ₹48.65 Cr (FY 2025) | ₹27.09 Lakh | 0.6% | 22.0% | 12 | Ludhiana, Punjab, India |
| Nice Exports Pvt.Ltd | ₹45.66 Cr (FY 2025) | -14.0% | Ludhiana, Punjab, India | |||
| Tipson Cycles Pvt Ltd | ₹43.68 Cr (FY 2024) | -29.0% | Punjab, India |
To see the full peer comparison of Vishal Udyog Pvt Ltd, buy the company report.
Auditor
Vishal Udyog Pvt Ltd is audited by RAJ MITTAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ MITTAL & ASSOCIATES | FY 2022 | 012468N |
Shareholding
The shareholding of Vishal Udyog Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vishal Udyog Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹43.1 Cr
Satisfied charges
₹6.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2011 | 10304292 | Hdfc Bank Limited | ₹13.1 Cr | Open | |
| 26 Feb 2011 | 10280402 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 06 Jun 2007 | 10056908 | Small Industries Development Bank of India | ₹50 Lakh | Satisfied | |
| 18 Nov 2005 | 80044245 | Punjab National Bank | ₹5 Cr | Satisfied | |
| 15 May 2004 | 90176143 | Central Bank of India | ₹19.6 Lakh | Satisfied |
To see the full charge records of Vishal Udyog Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Vishal Udyog Pvt Ltd has 2 deals on record (2 secondary share transfers); the latest was in October 2016.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Balbir Chand Mahindru HUF, 3 individuals Seller: an individual |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Vishal Udyog Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vishal Udyog Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vishal Udyog Pvt Ltd has a workforce of 12 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-20%
GST
Vishal Udyog has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACV5452G1ZL | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vishal Udyog Pvt Ltd, buy the company report.
Recent activity
Vishal Udyog Pvt Ltd has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Sikand Mahindru ceased to be Additional Director on 29 Sep 2023.
AGM
Vishal Udyog Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vishal Udyog Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Sikand Mahindru ceased to be Additional Director.
Appointed
Sikand Mahindru was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 26 Feb 2011 with Charge ID 10280402 was modified on 05 Jan 2023.
Ceased
Shivam Mahindru ceased to be Additional Director.
Ceased
Varun Mahindru ceased to be Director.
Ceased
Balbir Chand ceased to be Director.
Ceased
Vishal Mahindru ceased to be Additional Director.
Ceased
Sandeep Mahindru ceased to be Director.
Appointed
Vishal Mahindru was appointed as Director.
Ceased
Sanjay Mahindru ceased to be Director.
17 earlier events are in the company report.
Frequently asked questions
Vishal Udyog is an active private limited company based in Ludhiana, Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 March 1993 (33+ years old) and is registered under CIN U35921PB1993PTC013161.
Vishal Udyog has 2 current directors:
- Sikand Mahindru - Director
- Vishal Mahindru - Director
The latest financial statements of Vishal Udyog 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 Vishal Udyog is 03AAACV5452G1ZL, registered in Punjab.
The CIN (Corporate Identification Number) of Vishal Udyog is U35921PB1993PTC013161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishal Udyog was incorporated on 24 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.
Vishal Udyog has 2 deals on record (2 secondary share transfers); the latest was in October 2016.
The peers of Vishal Udyog by revenue are Allwyn Bikes Private Limited, Nice Exports Pvt.Ltd, Tipson Cycles Pvt Ltd, all in the Automobiles industry (Cycles), with the same principal business activity (wholesale trading).
Sikand Mahindru ceased to be Additional Director on 29 Sep 2023. Sikand Mahindru was appointed as Director on 20 Feb 2023. Shivam Mahindru ceased to be Additional Director on 30 Nov 2021. Vishal Udyog has 9 board changes on record in total.
Yes, Vishal Udyog is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0015406).
The registered office of Vishal Udyog is at E 113 Phase Ivfocal Point Ludhiana, Punjab, India – 141010.
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