MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-13-0037386
VRL Steel Private Limited
VRL Steel Private Limited - metals and minerals in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.68 Lakh
▼ 26% YoY
Net profit · FY 2025
₹34.21 Lakh
Net margin 73.3%
EBITDA · FY 2025
₹46.29 Lakh
EBITDA margin 99.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.11 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About VRL Steel Private Limited
Data last updated:
VRL Steel Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 04 October 2019 and has been in existence for over 7 years.
Its director Vijay Sankeshwar and family are #709 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27109KA2019PTC128517.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.11 Cr. It is led by directors including Vijay Basavanneppa Sankeshwar and Anand Vijay Sankeshwar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 120 – 125 Lalit Mahal Naveen Park Kusugal Road, Hubli, Karnataka, India – 580023.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.68 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹34.21 Lakh (net margin 73.3%) and EBITDA of ₹46.29 Lakh (EBITDA margin 99.2%).
VRL Steel Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0037386).
Company details
CIN U27109KA2019PTC128517
Registration Number 128517
Incorporation Date 04 October 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0037386
Key People
Vijay Basavanneppa Sankeshwar Director Anand Vijay Sankeshwar Director Shiva A Sankeshwar Director Recognitions & Rankings of VRL Steel
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #709 Vijay Sankeshwar & family ₹4,500 Cr
Contact details
VRL Steel Private Limited's registered office is in Hubli, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo 120 – 125 Lalit Mahal Naveen Park Kusugal Road, Hubli, Karnataka, India – 580023
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of VRL Steel Private Limited, buy the company report.
Comprehensive company report
VRL Steel 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of VRL Steel Private Limited
FY 2025 filings availableVRL Steel Private Limited reported revenue of ₹46.68 Lakh (down 26% YoY) for FY 2025.
Revenue · FY 2025
₹46.68 Lakh ▼ 26%
Net profit · FY 2025
₹34.21 Lakh margin 73.3%
EBITDA · FY 2025
₹46.29 Lakh margin 99.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 88%
5 years · compounded
▲ 166%
Revenue fell 26% in the latest year. EBITDA fell 26% 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 | ₹46.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.21 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.2% | ||||
| Net Profit Margin | 73.3% | ||||
| 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 VRL Steel Private Limited, buy the company report.
Board of directors of VRL Steel Private Limited
VRL Steel has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Basavanneppa Sankeshwar | Director | 04 Oct 2019 | 7 Years 1 Months | Current |
| Anand Vijay Sankeshwar Also directs: VRL Logistics Limited, Vijayanand Foods Private Limited, Vijayanand Travels Private Limited and 3 more | Director | 04 Oct 2019 | 7 Years 1 Months | Current |
| Shiva A Sankeshwar Also directs: VRL Logistics Limited, Vijayanand Travels Private Limited, VRL Media Private Limited and 1 more | Director | 03 Jun 2022 | 4 Years 5 Months | Current |
Peer comparison
VRL Steel Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jai Mangla Steels Private Limited | ₹47.1 Lakh (FY 2024) | -87.0% | Patna, Bihar, India | |||
| Shivay Cement Private Limited | ₹47.04 Lakh (FY 2022) | -18.0% | Motihari, Bihar, India | |||
| VRB Aluminium Private Limited | ₹46.95 Lakh (FY 2024) | Campierganj, Uttar Pradesh, India | ||||
| Neptune Steel Strips Limited | ₹46.76 Lakh (FY 2025) | 94.0% | Mumbai, Maharashtra, India | |||
| Smartline Metal Private Limited | ₹46.68 Lakh (FY 2024) | -97.0% | Rohtak, Haryana, India | |||
| VRL Steel Private Limitedthis company | ₹46.68 Lakh (FY 2025) | ₹34.21 Lakh | 73.3% | -26.0% | Hubli, Karnataka, India | |
| Innov & Build Steel Private Limited | ₹46.65 Lakh (FY 2023) | 238.0% | Chennai, Tamil Nadu, India | |||
| Presswell Industries (India) Limited | ₹46.62 Lakh (FY 2025) | 7.0% | Raipur, Chhattisgarh, India | |||
| Maruti Products Private Limited | ₹46.54 Lakh (FY 2025) | -77.0% | Bagru, Rajasthan, India | |||
| Va Innova Alloy Steeltech Private Limited | ₹46.52 Lakh (FY 2025) | -2.0% | Sanagareddy, Telangana, India | |||
| New Look Stainless Private Limited | ₹46.37 Lakh (FY 2025) | 311.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of VRL Steel Private Limited, buy the company report.
Auditor
VRL Steel Private Limited is audited by K. KOTRESH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. KOTRESH & CO | FY 2022 | 001426S |
Shareholding
The shareholding of VRL Steel Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of VRL Steel Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving VRL Steel Private Limited 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 VRL Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for VRL Steel Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
VRL Steel Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Shiva A Sankeshwar was appointed as Director on 03 Jun 2022.
AGM
Vrl Steel Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Vrl Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Shiva A Sankeshwar was appointed as Director.
Appointed
Anand Vijay Sankeshwar was appointed as Director.
Appointed
Vijay Basavanneppa Sankeshwar was appointed as Director.
Incorporation
04 Oct 2019
Vrl Steel Private Limited was registered on 04 Oct 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.
Frequently asked questions
VRL Steel is an active private limited company based in Hubli, Karnataka, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 04 October 2019 (7+ years old) and is registered under CIN U27109KA2019PTC128517.
VRL Steel has 3 current directors:
- Vijay Basavanneppa Sankeshwar - Director
- Anand Vijay Sankeshwar - Director
- Shiva A Sankeshwar - Director
The latest financial statements of VRL Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of VRL Steel is U27109KA2019PTC128517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VRL Steel was incorporated on 04 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of VRL Steel by revenue are Jai Mangla Steels Private Limited, Shivay Cement Private Limited, VRB Aluminium Private Limited, Neptune Steel Strips Limited, Smartline Metal Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution, Steel).
Shiva A Sankeshwar was appointed as Director on 03 Jun 2022. Anand Vijay Sankeshwar was appointed as Director on 04 Oct 2019. Vijay Basavanneppa Sankeshwar was appointed as Director on 04 Oct 2019.
Yes, VRL Steel is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0037386).
The registered office of VRL Steel is at No 120 – 125 Lalit Mahal Naveen Park Kusugal Road, Hubli, Karnataka, India – 580023.
VRL Steel operates in the metals and minerals industry, in the metal retail and distribution segment.
VRL Steel can be reached at its registered office: No 120 – 125 Lalit Mahal Naveen Park Kusugal Road, Hubli, Karnataka, India – 580023.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages