MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0027104
Vishwakarma Refractories Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.12 Cr
▲ 1% YoY
Net profit · FY 2025
₹3.44 Cr
Net margin 7.4%
EBITDA · FY 2025
₹7.71 Cr
EBITDA margin 16.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹48.24 Lakh
Issued & subscribed
Open charges
₹25.44 Cr
Satisfied ₹58.02 Cr
Company age
44 yrs
Est. 1982
Directors on board
3
As per MCA filings
About Vishwakarma Refractories Private Limited
Data last updated:
Vishwakarma Refractories Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 13 July 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27320KA1982PTC004851. Its GSTIN is 29AAACV6617R1ZJ (Karnataka). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.24 Lakh. It is led by directors including Akshay Bhuwalka (Whole-Time Director) and Kishan Kumar Bhuwalka.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.12 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.44 Cr (net margin 7.4%) and EBITDA of ₹7.71 Cr (EBITDA margin 16.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Bhuwalka Premier Group. As per MCA filings, the company has open charges of ₹25.44 Cr and satisfied charges of ₹58.02 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Vishwakarma Refractories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0027104). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhuwalka.co.in.
Company details
CIN U27320KA1982PTC004851
Registration Number 004851
Incorporation Date 13 July 1982
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0027104
Key People
Akshay Bhuwalka Whole-Time Director Kishan Kumar Bhuwalka Director Kamal Kumar Bhuwalka Director Recognitions & Rankings of Vishwakarma Refractories
Contact details
Vishwakarma Refractories Private Limited's registered office is in Bangalore, Karnataka. Its website is bhuwalka.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBhuwalkalandmark No.5 Walkerlane(Langfordroad) Rich, Mond Town, Bangalore, Karnataka, India – 560025
- IndustryManufacturing, Construction Materials
To see the full contact details of Vishwakarma Refractories Private Limited, buy the company report.
Comprehensive company report
Vishwakarma Refractories Private Limited - 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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Brands
Vishwakarma Refractories operates one associated brand: Bhuwalka Premier Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies steel bars, castings, and refractories in India. | bhuwalka.co.in |
Business activity
The main business activity of Vishwakarma Refractories 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 Vishwakarma Refractories Private Limited, buy the company report.
Financials of Vishwakarma Refractories Private Limited
FY 2025 filings availableVishwakarma Refractories Private Limited reported revenue of ₹46.12 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹46.12 Cr ▲ 1%
Net profit · FY 2025
₹3.44 Cr margin 7.4%
EBITDA · FY 2025
₹7.71 Cr margin 16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 9%
5 years · compounded
▲ 3%
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 1% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.44 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 | 16.7% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Vishwakarma Refractories Private Limited, buy the company report.
Board of directors of Vishwakarma Refractories Private Limited
Vishwakarma Refractories has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Kumar Bhuwalka Also directs: Bhuwalka Sales Corporation LLP, Kaviradha Estates LLP, Bhuwalka Castings and Forging Private Limited and 5 more | Director | 04 Apr 1995 | 31 Years 7 Months | Current |
| Akshay Bhuwalka | Whole-Time Director | 07 May 2019 | 7 Years 5 Months | Current |
| Kamal Kumar Bhuwalka | Director | 02 Nov 2023 | 3 Years 0 Months | Current |
Auditor
Vishwakarma Refractories Private Limited is audited by R. Singhvi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Singhvi & Associates | FY 2023 | 003870S |
Shareholding
The shareholding of Vishwakarma Refractories Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vishwakarma Refractories Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.44 Cr
Satisfied charges
₹58.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2024 | 100995222 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 14 May 2024 | 100930548 | Others | ₹44 Lakh | Open | |
| 31 Oct 2020 | 100408635 | Hdfc Bank Limited | ₹1.01 Cr | Satisfied | |
| 16 Oct 2009 | 10183559 | Axis Bank Limited | ₹31 Cr | Satisfied | |
| 16 Oct 2008 | 10129013 | Axis Bank Limited | ₹21.1 Cr | Satisfied |
To see the full charge records of Vishwakarma Refractories Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Vishwakarma Refractories Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed against the company by United India Insurance Co Ltd | Disposed |
| District court, KOLAR, Karnataka | Court case (ECA) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (9999-Other) | Filed against the company by an individual | Disposed |
To see the full case history of Vishwakarma Refractories Private 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.
Credit ratings & regulatory alerts
Vishwakarma Refractories Private Limited was last rated by Icra on 04 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Mar 2021 |
To see the full credit ratings and regulatory alerts of Vishwakarma Refractories Private Limited, buy the company report.
MSME payment delays
Vishwakarma Refractories Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 18 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 (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sumito Polymers Private Limited | |||
| Power Technologies | |||
| Hindusthan Calcined Metals Private Limited | |||
| Andromeda Packaging Private Limited |
To see the full MSME payment records of Vishwakarma Refractories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vishwakarma Refractories has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Vishwakarma International Private Limited | U05190KA2005PTC035933 |
To see the full group structure of Vishwakarma Refractories Private Limited, buy the company report.
GST
Vishwakarma Refractories has 6 GST registrations: 3 active and 3 cancelled or inactive.
Total GSTINs
6
Active
3
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACV6617R1ZJ | Karnataka | Active | 01 Jul 2017 |
| 33AAACV6617R2ZT | Tamil Nadu | Active | 01 Jan 2021 |
| 27AAACV6617R2ZM | Maharashtra | Active | 01 Jun 2021 |
To see the full GST registrations and return filing status of Vishwakarma Refractories Private Limited, buy the company report.
Recent activity
Vishwakarma Refractories Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Sajan Kumar Bhuwalka ceased to be Director on 22 Feb 2024.
Charges
A charge registered on 31 Oct 2020 via Charge ID 100408635 with Hdfc Bank Limited was fully satisfied on 05 Nov 2025.
AGM
Vishwakarma Refractories Private Limited last Annual general meeting of members was held on 19 Aug 2025 as per latest MCA records.
Filing
Vishwakarma Refractories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 2,500.00 Lakh registered on 07 Oct 2024 with Charge ID 100995222 was modified on 16 Dec 2024.
Charges
A charge registered on 16 Oct 2008 via Charge ID 10129013 with Axis Bank Limited was fully satisfied on 30 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,500.00 Lakh with Charge ID 100995222 was registered on 07 Oct 2024.
Charges
A charge with Others amounted to Rs. 44.00 Lakh with Charge ID 100930548 was registered on 14 May 2024.
Ceased
Sajan Kumar Bhuwalka ceased to be Director.
Appointed
Kamal Kumar Bhuwalka was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 2,110.17 Lakh registered on 16 Oct 2008 with Charge ID 10129013 was modified on 16 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.60 Lakh with Charge ID 100408635 was registered on 31 Oct 2020.
Ceased
Kamal Kumar Bhuwalka ceased to be Director.
28 earlier events are in the company report.
Frequently asked questions
Vishwakarma Refractories is an active private limited company based in Bangalore, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 13 July 1982 (44+ years old) and is registered under CIN U27320KA1982PTC004851.
Vishwakarma Refractories has 3 current directors:
- Akshay Bhuwalka - Whole-Time Director
- Kishan Kumar Bhuwalka - Director
- Kamal Kumar Bhuwalka - Director
The latest financial statements of Vishwakarma Refractories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vishwakarma Refractories is 29AAACV6617R1ZJ, registered in Karnataka. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 33AAACV6617R2ZT (Tamil Nadu), 27AAACV6617R2ZM (Maharashtra).
The CIN (Corporate Identification Number) of Vishwakarma Refractories is U27320KA1982PTC004851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishwakarma Refractories has 3 court cases on record: 3 filed against it. Most are in the district courts.
Vishwakarma Refractories was incorporated on 13 July 1982, making it 44+ years old. It is registered with the Registrar of Companies, Bangalore.
Sajan Kumar Bhuwalka ceased to be Director on 22 Feb 2024. Kamal Kumar Bhuwalka was appointed as Director on 02 Nov 2023. Kamal Kumar Bhuwalka ceased to be Director on 18 May 2020. Vishwakarma Refractories has 6 board changes on record in total.
Yes, Vishwakarma Refractories is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0027104).
Vishwakarma Refractories has 7 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 18 micro and small suppliers. The latest return was filed on 28 Apr 2022.
Vishwakarma Refractories can be reached through the website bhuwalka.co.in. Its registered office is in Bangalore, Karnataka, India.
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