
About Vison Refractories Pvt Ltd
Data last updated:
Vison Refractories Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 06 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26920MH1986PTC040033. Its GSTIN is 27AAACV3470C1ZL (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.47 Lakh. It is led by directors Sonal Desai Viresh and Raju Tukaram Ghatbande.
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 Rajnikunj 1st Flrm G Rd Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.98 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹5.69 Lakh (net margin 2.9%) and EBITDA of ₹6.64 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 152% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹4.31 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 3 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 visongroup.com.
Company details
Contact details
Vison Refractories Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is visongroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRajnikunj 1st Flrm G Rd Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Construction Materials
To see the full contact details of Vison Refractories Pvt Ltd, 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 Vison Refractories is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Vison Refractories Pvt Ltd, buy the company report.
Financials of Vison Refractories Pvt Ltd
FY 2025 filings availableVison Refractories Pvt Ltd reported revenue of ₹1.98 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 30% growth in the latest year. EBITDA fell 89% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹6.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.69 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 Vison Refractories Pvt Ltd, buy the company report.
Board of directors of Vison Refractories Pvt Ltd
Vison Refractories has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Desai Viresh | Director | 06 Jun 1986 | 40 Years 5 Months | Current |
| Raju Tukaram Ghatbande | Director | 08 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Vison Refractories Pvt Ltd is audited by NIKUNJ KIKANI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKUNJ KIKANI & ASSOCIATES | FY 2021 | 135733W |
Shareholding
The shareholding of Vison Refractories Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vison Refractories Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2002 | 90213889 | Dena Bank | ₹3.75 Cr | Open | |
| 18 May 1997 | 90213033 | Dena Bnak | ₹44.15 Lakh | Open | |
| 05 Aug 1987 | 90211668 | Andhra Bank | ₹7.5 Lakh | Open | |
| 27 Feb 1987 | 90211606 | Andhra Bank | ₹2 Lakh | Open | |
| 27 Feb 1987 | 90214300 | Andhra Bank | ₹2 Lakh | Open |
To see the full charge records of Vison Refractories Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Vison Refractories Pvt Ltd has 5 court cases on record: 2 filed by Vison Refractories, 3 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms Horizon Fabtech Infra Pvt Ltd | Pending |
| District court, Jamnagar, Gujarat | Criminal complaint | Filed against the company by M/S. Meena Agency Limited - Comm Exe - Manish Amrutlal Meta | Pending |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against M/S. Meena Agency Limited Thro Commercial Executive Manish Amrutlal Meta and 1 other | Pending |
| District court, Jamnagar, Gujarat | Court case (CR EN) | Filed against the company by M/S. Meena Agency Limited - Comm Exe - Manish Amrutlal Meta | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Movers International Pvt. Ltd | Disposed |
To see the full case history of Vison Refractories Pvt Ltd, 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 Vison Refractories Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vison Refractories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3470C1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vison Refractories Pvt Ltd, buy the company report.
Recent activity
Vison Refractories Pvt Ltd has 3 board changes on record since 1986: 2 appointments and 1 cessation. The latest: Viresh Chandrakant Desai ceased to be Managing Director on 30 Aug 2024.
2 earlier events are in the company report.
Frequently asked questions
Vison Refractories is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 06 June 1986 (40+ years old) and is registered under CIN U26920MH1986PTC040033.
Vison Refractories has 2 current directors:
- Sonal Desai Viresh - Director
- Raju Tukaram Ghatbande - Director
The latest financial statements of Vison Refractories 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 Vison Refractories is 27AAACV3470C1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vison Refractories is U26920MH1986PTC040033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vison Refractories has 5 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Vison Refractories was incorporated on 06 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Viresh Chandrakant Desai ceased to be Managing Director on 30 Aug 2024. Raju Tukaram Ghatbande was appointed as Director on 08 Aug 2024. Sonal Desai Viresh was appointed as Director on 06 Jun 1986.
Vison Refractories can be reached through the website visongroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vison Refractories is at Rajnikunj 1st Flrm G Rd Kandivali West, Mumbai, Maharashtra, India – 400067.

