Vison Refractories Pvt Ltd - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U26920MH1986PTC040033 Incorporated 06 June 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹1.98 Cr
▲ 30% YoY
Net profit · FY 2024
₹5.69 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹6.64 Lakh
EBITDA margin 3.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.47 Lakh
Issued & subscribed
Open charges
₹4.31 Cr
Secured borrowings
Company age
40 yrs
Est. 1986
Directors on board
2
As per MCA filings

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 of Vison Refractories Pvt Ltd
CIN U26920MH1986PTC040033
Registration Number 040033
Incorporation Date 06 June 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Rajnikunj 1st Flrm G Rd Kandivali West, Mumbai, Maharashtra, India – 400067
  • Industry
    Manufacturing, Construction Materials
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Financials, compliance, directors, charges, ownership and filings for Vison Refractories Pvt Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Vison Refractories Pvt Ltd

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcyclesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Vison Refractories Pvt Ltd FY 2025 filings available

Vison Refractories Pvt Ltd reported revenue of ₹1.98 Cr (up 30% YoY) for FY 2024.

Revenue · FY 2024
₹1.98 Cr ▲ 30%
Net profit · FY 2024
₹5.69 Lakh margin 2.9%
EBITDA · FY 2024
₹6.64 Lakh margin 3.3%

Compounded Annual Growth Rate (CAGR) of Vison Refractories Pvt Ltd

Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 152%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 89%
3 years · compounded
▲ 29%
5 years · compounded
▼ 43%

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 of Vison Refractories Pvt Ltd

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 of Vison Refractories Pvt Ltd

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.3%••••••••••••••••
Net Profit Margin2.9%••••••••••••••••
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••••••••••••••••••••

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 Vison Refractories are in the company report.

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Financial statements from 2015

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Peer Comparison of Vison Refractories Pvt Ltd

Vison Refractories Pvt Ltd is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials, Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sandarsika Vintrade Private Limited₹1.99 Cr (FY 2017)••••••••55.0%••••Kolkata, West Bengal, India
Prithvi Chemical Manufacturing Company Private Limited₹1.99 Cr (FY 2025)••••••••33.0%••••Tumkur, Karnataka, India
Power Up Infra Projects Private Limited₹1.99 Cr (FY 2023)••••••••121.0%••••Mangaon, Maharashtra, India
Firetech Refractories Private Limited₹1.99 Cr (FY 2025)••••••••-6.0%••••Navi Mumbai, Maharashtra, India
Parshwanath C4x Industries Private Limited₹1.98 Cr (FY 2024)••••••••••••Nagpur, Maharashtra, India
Vison Refractories Pvt Ltd this company₹1.98 Cr (FY 2024)••••••••30.0%••••Mumbai, Maharashtra, India
Iris Diagnostics Private Limited₹1.98 Cr (FY 2023)••••••••-44.0%••••New Delhi, Delhi, India
LKS Impex Private Limited₹1.98 Cr (FY 2024)••••••••17.0%••••Navi Mumbai, Maharashtra, India
J. M. B. Metal Crafts Private Limited₹1.98 Cr (FY 2024)••••••••45.0%••••Jaipur, Rajasthan, India
KCC Homes Private Limited₹1.97 Cr (FY 2025)••••••••1993596.0%••••Kottayam, Kerala, India
Sun Acrylam Private Limited₹1.97 Cr (FY 2024)••••••••1.0%••••Ahmedabad, Gujarat, India

Peers are the five companies nearest above and the five nearest below Vison Refractories by revenue in the Metals and Minerals industry (Construction Materials, Materials Retail and Distribution), 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 Vison Refractories Pvt Ltd

Vison Refractories Pvt Ltd is audited by NIKUNJ KIKANI & ASSOCIATES for the financial year 2021.

NameStatusAppointment DateCessation Date
NIKUNJ KIKANI & ASSOCIATESLockedLockedLocked
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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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sonal Desai VireshDirector06 Jun 198640 Years 4 MonthsCurrent
Raju Tukaram GhatbandeDirector08 Aug 20242 Years 2 MonthsCurrent

Ownership and Shareholding of Vison Refractories Pvt Ltd

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Charges & Borrowings of Vison Refractories Pvt Ltd

Open charges
₹4.31 Cr
Satisfied charges
None
Breakdown by lending institutions
Dena Bank₹3.75 Cr
Dena Bnak₹0.44 Cr
Andhra Bank₹0.12 Cr
Latest charge details
DateLenderAmountStatus
12 Oct 2002Dena Bank₹3.75 CrOpen
18 May 1997Dena Bnak₹44.15 LakhOpen
05 Aug 1987Andhra Bank₹7.5 LakhOpen
27 Feb 1987Andhra Bank₹2 LakhOpen
27 Feb 1987Andhra Bank₹2 LakhOpen

Total charge records: 5 View all charges

Employees and EPFO Compliance at Vison Refractories Pvt Ltd

Employment history and EPFO contributions of people linked to Vison Refractories.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Vison Refractories Pvt Ltd

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.

AGM
Vison Refractories Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vison Refractories Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Viresh Chandrakant Desai ceased to be Managing Director.
Appointed
Raju Tukaram Ghatbande was appointed as Director.
Charges
A charge with Dena Bank of Rs. 375.00 Lakh registered on 12 Oct 2002 with Charge ID 90213889 was modified on 07 May 2011.
Charges
A charge with Dena Bank amounted to Rs. 375.00 Lakh with Charge ID 90213889 was registered on 12 Oct 2002.
Charges
A charge with Dena Bnak amounted to Rs. 44.15 Lakh with Charge ID 90213033 was registered on 18 May 1997.
Charges
A charge with Andhra Bank of Rs. 2.00 Lakh registered on 27 Feb 1987 with Charge ID 90211606 was modified on 10 Feb 1989.
Charges
A charge with Andhra Bank of Rs. 2.00 Lakh registered on 27 Feb 1987 with Charge ID 90214300 was modified on 13 Jun 1988.
Charges
A charge with Andhra Bank amounted to Rs. 7.50 Lakh with Charge ID 90211668 was registered on 05 Aug 1987.
Charges
A charge with Andhra Bank amounted to Rs. 2.00 Lakh with Charge ID 90214300 was registered on 27 Feb 1987.
Charges
A charge with Andhra Bank amounted to Rs. 2.00 Lakh with Charge ID 90211606 was registered on 27 Feb 1987.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Vison Refractories Pvt Ltd

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MSME Payment Delays by Vison Refractories Pvt Ltd

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Subsidiaries & Group Companies of Vison Refractories Pvt Ltd

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GST Compliance of Vison Refractories Pvt Ltd

Vison Refractories has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACV3470C1ZLMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Vison Refractories Pvt Ltd

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Frequently Asked Questions about Vison Refractories Pvt Ltd

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 reported revenue of ₹1.98 Cr for FY 2024 (up 30% YoY).

Vison Refractories has 2 current directors:

Vison Refractories reported a net profit of ₹5.69 Lakh (net margin 2.9%) and EBITDA of ₹6.64 Lakh (EBITDA margin 3.3%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Vison Refractories is 152% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.

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.

The peers of Vison Refractories by revenue are Sandarsika Vintrade Private Limited, Prithvi Chemical Manufacturing Company Private Limited, Power Up Infra Projects Private Limited, Firetech Refractories Private Limited, Parshwanath C4x Industries Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials, Materials Retail and Distribution).

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.

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