Hurun India Rich List 2026 edition · 2 directors
- #1,055 Narinder Kumar Bansal & family ₹2,500 Cr
- #1,202 Darshan Kumar Gupta & family ₹2,000 Cr
VRC Ac Highways Private Limited
VRC Ac Highways Private Limited - infrastructure and utilities in Delhi, India. FY 2026 financials & compliance.
Active Private Limited Company infrastructure and utilities
Revenue · FY 2025
₹375.47 Cr
▲ 176% YoY
Net profit · FY 2025
₹17.58 Cr
Net margin 4.7%
EBITDA · FY 2025
₹38.01 Cr
EBITDA margin 10.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹86.32 Lakh
Issued & subscribed
Open charges
₹466.42 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
5
As per MCA filings
About VRC Ac Highways Private Limited
Data last updated:
VRC Ac Highways Private Limited is a private limited company based in Delhi, India, a subsidiary of Vrc Constructions (India) Private Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 22 December 2022.
Its director Narinder Kumar Bansal and family are #1,055 on the Hurun India Rich List 2026. Its director Darshan Kumar Gupta and family are #1,202 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45309DL2022PTC408790. Its GSTIN is 03AAJCV1591R1ZP (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹86.32 Lakh. It is led by directors including Darshan Kumar Gupta and Ajay Kumar Bansal.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 16 Metro Pillor No. 190 Vrc Tower Paschim Vihar Ext Rohtak Road, Delhi, India – 110063.
As per the financials filed for FY 2025, the company reported a revenue of ₹375.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.58 Cr (net margin 4.7%) and EBITDA of ₹38.01 Cr (EBITDA margin 10.1%).
As per MCA filings, the company has open charges of ₹466.42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of VRC Ac Highways Private Limited
CIN U45309DL2022PTC408790
Registration Number 408790
Incorporation Date 22 December 2022
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Vrc Constructions (India) Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of VRC Ac Highways
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No 16 Metro Pillor No. 190 Vrc Tower Paschim Vihar Ext Rohtak Road, Delhi, India – 110063
- IndustryInfrastructure and Utilities, Road & Bridge Construction
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Business Activity of VRC Ac Highways Private Limited
The main business activity of VRC Ac Highways is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of VRC Ac Highways Private Limited FY 2025 filings available
VRC Ac Highways Private Limited reported revenue of ₹375.47 Cr (up 176% YoY) for FY 2025.
Revenue · FY 2025
₹375.47 Cr ▲ 176%
Net profit · FY 2025
₹17.58 Cr margin 4.7%
EBITDA · FY 2025
₹38.01 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR) of VRC Ac Highways Private Limited
Revenue CAGR growth
1 year
▲ 176%
EBITDA CAGR growth
1 year
▲ 428%
Revenue rose 176% in the latest year. EBITDA rose 428% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of VRC Ac Highways Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹38.01 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.58 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 of VRC Ac Highways Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.1% | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• |
| 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 VRC Ac Highways are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of VRC Ac Highways Private Limited
VRC Ac Highways has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Kumar Gupta Also directs: VRC Arjan Developers Limited., VRC BG Highways Private Limited, VRC Sr Highways Private Limited and 5 more | Director | 22 Dec 2022 | 3 Years 9 Months | Current |
| Ajay Kumar Bansal Also directs: VRC Sr Highways Private Limited, VRC Constructions (India) Limited, VRC DC Highways Private Limited and 5 more | Director | 22 Dec 2022 | 3 Years 9 Months | Current |
| Narinder Kumar Bansal Also directs: VRC Arjan Developers Limited., VRC BG Highways Private Limited, VRC Sr Highways Private Limited and 5 more | Director | 22 Dec 2022 | 3 Years 9 Months | Current |
| Chander Shekhar Bansal Also directs: VRC BG Highways Private Limited, VRC Sr Highways Private Limited, VRC BV Highways Private Limited and 5 more | Director | 22 Dec 2022 | 3 Years 9 Months | Current |
| Rajiv Kumar Gupta Also directs: VRC Arjan Developers Limited., VRC BG Highways Private Limited, VRC Sr Highways Private Limited and 5 more | Director | 22 Dec 2022 | 3 Years 9 Months | Current |
Peer Comparison of VRC Ac Highways Private Limited
VRC Ac Highways Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Roads and Bridges). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gujarat Road and Infrastructure Company Limited | ₹381.7 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Gandhinagar, Gujarat, India |
| Mumbai Metro One Private Limited. | ₹380.1 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| GR Bhimasar Bhuj Highway Private Limited | ₹378.35 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Udaipur, Rajasthan, India |
| Il&Fs Transportation Networks Limited Listed | ₹377.76 Cr (FY 2021) | •••• | •••• | -38.0% | •••• | Mumbai, Maharashtra, India |
| Badakumari Karki Road Limited | ₹376.14 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| VRC Ac Highways Private Limited this company | ₹375.47 Cr (FY 2025) | •••• | •••• | 176.0% | •••• | Delhi, India |
| Saakar Infra Nirman Private Limited | ₹374.64 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Ahmedabad, Gujarat, India |
| Swarna Tollway Private Limited | ₹371.21 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Amritsar Bathinda Infraprojects Pkg-3 Private Limited | ₹369.51 Cr (FY 2025) | •••• | •••• | 185.0% | •••• | Meerut, Uttar Pradesh, India |
| Gawar Kiratpur Nerchowk Highway Private Limited | ₹368.24 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Gurgaon, Haryana, India |
| Ircon-Soma Tollway Private Limited | ₹366.51 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below VRC Ac Highways by revenue in the Infrastructure industry (Roads and Bridges), 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 VRC Ac Highways Private Limited
VRC Ac Highways Private Limited is audited by DHWAN & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DHWAN & CO. | Locked | Locked | Locked |
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Ownership and Shareholding of VRC Ac Highways Private Limited
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Shareholding and ownership data
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Charges & Borrowings of VRC Ac Highways Private Limited
Open charges
₹466.42 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2023 | Others | ₹466.42 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at VRC Ac Highways Private Limited
VRC Ac Highways Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Active EPFO establishments
1
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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 VRC Ac Highways Private Limited
VRC Ac Highways Private Limited has 5 board changes on record since 2022: 5 appointments. The latest: Ajay Kumar Bansal was appointed as Director on 22 Dec 2022.
AGM
Vrc Ac Highways Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Filing
Vrc Ac Highways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 466.42 Cr with Charge ID 100758410 was registered on 17 Jul 2023.
Appointed
Ajay Kumar Bansal was appointed as Director.
Appointed
Chander Shekhar Bansal was appointed as Director.
Appointed
Darshan Kumar Gupta was appointed as Director.
Appointed
Narinder Kumar Bansal was appointed as Director.
Appointed
Rajiv Kumar Gupta was appointed as Director.
Incorporation
22 Dec 2022
Vrc Ac Highways Private Limited was registered on 22 Dec 2022 with Roc Delhi & aged 3 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for VRC Ac Highways Private Limited
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MSME Payment Delays by VRC Ac Highways Private Limited
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Subsidiaries & Group Companies of VRC Ac Highways Private Limited
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Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of VRC Ac Highways Private Limited
VRC Ac Highways has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAJCV1591R1ZP | Punjab | Active | 22 Feb 2023 |
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MCA Filings & Documents of VRC Ac Highways Private Limited
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Frequently Asked Questions about VRC Ac Highways Private Limited
VRC Ac Highways is an active private limited company based in Delhi, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 22 December 2022 (4+ years old) and is registered under CIN U45309DL2022PTC408790.
VRC Ac Highways reported revenue of ₹375.47 Cr for FY 2025 (up 176% YoY).
VRC Ac Highways has 5 current directors:
- Darshan Kumar Gupta - Director
- Ajay Kumar Bansal - Director
- Narinder Kumar Bansal - Director
- Chander Shekhar Bansal - Director
- Rajiv Kumar Gupta - Director
VRC Ac Highways reported a net profit of ₹17.58 Cr (net margin 4.7%) and EBITDA of ₹38.01 Cr (EBITDA margin 10.1%) for FY 2025, as per its filed financial statements.
The GSTIN of VRC Ac Highways is 03AAJCV1591R1ZP, registered in Punjab.
The CIN (Corporate Identification Number) of VRC Ac Highways is U45309DL2022PTC408790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VRC Ac Highways was incorporated on 22 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of VRC Ac Highways by revenue are Gujarat Road and Infrastructure Company Limited, Mumbai Metro One Private Limited, GR Bhimasar Bhuj Highway Private Limited, Il&Fs Transportation Networks Limited, Badakumari Karki Road Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
Ajay Kumar Bansal was appointed as Director on 22 Dec 2022. Chander Shekhar Bansal was appointed as Director on 22 Dec 2022. Darshan Kumar Gupta was appointed as Director on 22 Dec 2022. VRC Ac Highways has 5 board changes on record in total.
The registered office of VRC Ac Highways is at Plot No 16 Metro Pillor No. 190 Vrc Tower Paschim Vihar Ext Rohtak Road, Delhi, India – 110063.
VRC Ac Highways has an authorised share capital of ₹1 Cr and a paid-up capital of ₹86.32 Lakh.