
About VXL Instruments Limited
Data last updated:
VXL Instruments Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 28 February 1986.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L85110MH1986PLC272426. Its GSTIN is 27AAACV4734D1ZI (Maharashtra). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 517399.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.34 Cr. It is led by directors including Sushil Kaluram Sakpal (Whole-Time Director) and Hema Thakur Kiran.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 2 Solitaire Corporate Park, Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹8 Lakh, a decline of 87.9% compared to the previous year. For the same year it recorded a net loss of ₹26 Lakh (net margin -325%) and EBITDA of -₹63 Lakh.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: VXL Software and VXL Instruments. As per MCA filings, the company has satisfied charges of ₹56.19 Cr on record. Court records list 51 cases involving the company, including 37 filed by the company and 14 filed against it; 9 cases are pending. The company has 15 deals on record (15 market trades); the latest was in July 2025. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 6 micro and small suppliers.
The last known website on record is vxl.net.
Company details
CIN history
VXL Instruments has one previous CIN (Corporate Identification Number): L85110KA1986PLC007492. The current CIN is L85110MH1986PLC272426, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85110MH1986PLC272426 | Current |
| L85110KA1986PLC007492 | Previous |
Contact details
VXL Instruments Limited's registered office is in Mumbai, Maharashtra. Its website is vxl.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address252 5th Floor Building No. 2 Solitaire Corporate Park Chakala, Andheri East India, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of VXL Instruments Limited, 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
Brands
VXL Instruments operates two associated brands: VXL Software and VXL Instruments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides endpoint device management and security solutions. | vxlsoftware.com | |
| Thin-client hardware and software are developed and supplied globally. | vxl.net |
Business activity
The main business activity of VXL Instruments is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of VXL Instruments Limited, buy the company report.
Financials of VXL Instruments Limited
FY 2025-26 filings availableVXL Instruments Limited reported revenue of ₹8 Lakh (down 87.9% YoY) for FY 2025-26.
Financial Highlights
FY 2015-16 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 68.54 | 92.15 | 109 | 110 |
| Revenue growth | -25.6% | -15.8% | -1.0% | - |
| EBITDA | (4.53) | 0.37 | (8.20) | 1.84 |
| EBITDA margin | -6.6% | +0.4% | -7.5% | +1.7% |
| Profit before tax | (4.58) | 0.54 | 9.11 | 0.24 |
| Net profit | (4.58) | (3.23) | (7.77) | 0.20 |
| Net profit margin | -6.7% | -3.5% | -7.1% | +0.2% |
| EPS (₹) | (3.43) | (3.39) | 4.56 | 0.16 |
| Balance sheet | ||||
| Total assets | 10.46 | 17.10 | 17.93 | 37.46 |
| Net worth | 6.22 | 12.41 | 15.06 | 20.78 |
| Total debt | 3.86 | 3.96 | 2.08 | 9.45 |
| Cash & bank | 2.01 | 1.39 | 1.26 | 2.30 |
| Net working capital | (7.19) | (0.75) | (4.81) | (0.14) |
| Cash flow | ||||
| Cash from operations | 1.28 | (1.17) | (9.90) | 2.99 |
| Cash from investing | (0.16) | (0.35) | 19.84 | (0.15) |
| Cash from financing | (0.50) | 1.65 | (10.98) | (2.56) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.08 | 0.66 | 7.71 | 8.57 | 13.32 | 7.67 | 19.24 |
| Revenue growth | -87.9% | -91.4% | -10.0% | -35.7% | +73.7% | -60.1% | - |
| EBITDA | (0.63) | (6.13) | (2.06) | (2.08) | 0.12 | (3.22) | 0.43 |
| EBITDA margin | -787.5% | -928.8% | -26.7% | -24.3% | +0.9% | -42.0% | +2.2% |
| Profit before tax | (0.48) | (6.53) | (2.59) | (1.51) | (0.19) | (1.04) | (0.95) |
| Net profit | (0.26) | (0.98) | (2.59) | (2.01) | (0.10) | (4.23) | (0.95) |
| Net profit margin | -325.0% | -148.5% | -33.6% | -23.5% | -0.8% | -55.2% | -4.9% |
| EPS (₹) | (0.04) | (4.90) | (1.93) | (1.13) | (0.07) | (1.70) | (0.72) |
| Balance sheet | |||||||
| Total assets | (2.48) | (1.99) | 5.15 | 6.11 | 7.97 | 8.11 | 14.05 |
| Net worth | (5.30) | (4.82) | 1.70 | 4.27 | 5.72 | 5.78 | 8.06 |
| Total debt | 2.83 | 2.83 | 2.86 | 1.32 | 1.71 | 1.84 | 5.30 |
| Cash & bank | 2.05 | 9.41 | 0.45 | 0.62 | 0.60 | 1.26 | 0.80 |
| Net working capital | (2.73) | (2.48) | 3.96 | 5.46 | 6.91 | 7.01 | 5.22 |
| Cash flow | |||||||
| Cash from operations | (0.47) | 0.08 | (0.59) | 0.30 | (0.13) | (5.38) | 3.78 |
| Cash from investing | 0.16 | 0.12 | 0.03 | 0.04 | (0.26) | 9.94 | (1.54) |
| Cash from financing | 0.00 | 0.10 | 0.42 | (0.32) | (0.28) | (4.35) | (1.87) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 |
| Revenue growth (YoY) | - | -100.0% | - | - | - | -87.9% | - | - |
| Other income | 0.05 | 0.02 | 0.04 | 0.05 | 0.01 | 0.07 | 0.08 | 0.04 |
| Total expenses | 0.06 | 0.09 | 0.20 | 0.19 | 0.12 | 0.20 | 5.05 | 0.25 |
| EBITDA | (0.06) | (0.09) | (0.20) | (0.19) | (0.12) | (0.12) | (5.05) | (0.25) |
| EBITDA margin | - | - | - | - | - | -150.0% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.10 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.02 |
| Profit before tax | (0.01) | (0.07) | (0.16) | (0.14) | (0.12) | (0.06) | (5.16) | (0.33) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Revenue | 68.54 | 92.15 | 109 | 110 |
| Revenue growth | -25.6% | -15.8% | -1.0% | - |
| Other income | 1.09 | 0.73 | 19.77 | 1.54 |
| Total expenses | 73.07 | 91.78 | 118 | 109 |
| Employee cost | 7.15 | 9.57 | 11.30 | 9.03 |
| EBITDA | (4.53) | 0.37 | (8.20) | 1.84 |
| EBITDA margin | -6.6% | +0.4% | -7.5% | +1.7% |
| Depreciation | 0.33 | 0.31 | 0.46 | 0.81 |
| Interest | 0.81 | 0.25 | 2.00 | 2.33 |
| Profit before tax | (4.58) | 0.54 | 9.11 | 0.24 |
| Tax | 0.00 | 5.08 | 3.03 | 0.04 |
| Net profit | (4.58) | (3.23) | (7.77) | 0.20 |
| Net profit margin | -6.7% | -3.5% | -7.1% | +0.2% |
| EPS (₹) | (3.43) | (3.39) | 4.56 | 0.16 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 13.34 | 13.34 | 13.34 | 13.34 |
| Reserves & surplus | (7.12) | (0.93) | 1.72 | 7.44 |
| Shareholders' funds (net worth) | 6.22 | 12.41 | 15.06 | 20.78 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.11 | 0.21 | 2.08 | 9.41 |
| Unsecured loans | 3.75 | 3.75 | 0.00 | 0.04 |
| Total debt | 3.86 | 3.96 | 2.08 | 9.45 |
| Total liabilities | 10.46 | 17.10 | 17.93 | 37.46 |
| Assets | ||||
| Gross block | 20.02 | 19.73 | 21.10 | 41.88 |
| Net block | 17.02 | 17.10 | 16.87 | 28.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.01 | 0.01 |
| Inventories | 16.53 | 15.53 | 13.77 | 21.20 |
| Sundry debtors | 2.68 | 0.43 | 0.26 | 0.70 |
| Cash & bank balances | 2.01 | 1.39 | 1.26 | 2.30 |
| Loans & advances | 3.83 | 2.93 | 1.56 | 0.77 |
| Total current assets | 25.05 | 20.28 | 16.85 | 24.97 |
| Total current liabilities | 32.24 | 21.03 | 21.66 | 25.11 |
| Net working capital | (7.19) | (0.75) | (4.81) | (0.14) |
| Total assets | 10.46 | 17.10 | 17.93 | 37.46 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Opening cash | 1.39 | 1.26 | 2.30 | 2.02 |
| Net cash from operating activities | 1.28 | (1.17) | (9.90) | 2.99 |
| Net cash from investing activities | (0.16) | (0.35) | 19.84 | (0.15) |
| Net cash from financing activities | (0.50) | 1.65 | (10.98) | (2.56) |
| Net change in cash | 0.62 | 0.13 | (1.04) | 0.28 |
| Closing cash | 2.01 | 1.39 | 1.26 | 2.30 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | -25.6% | -15.8% | -1.0% | - |
| EBITDA growth | -1324.3% | +104.5% | -545.7% | - |
| PBT growth | - | -94.1% | +3695.8% | +9997.0% |
| Net income growth | -41.8% | +58.4% | -3985.0% | - |
| Revenue CAGR (3Y) | -14.7% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | -6.7% | -4.9% | +5.6% | +0.2% |
| Return on capital employed | 0.0% | 0.0% | -15.6% | +4.5% |
| Return on net worth | 0.0% | 0.0% | -26.4% | +0.7% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -16.67 | 416.67 | -23.09 | 226.21 |
| Efficiency & per share | ||||
| Fixed asset turnover | 14.63 | 17.59 | 10.01 | 6.74 |
| Inventory turnover | 4.34 | 6.36 | 6.33 | 5.10 |
| Debtors turnover | 44.75 | 269.97 | 230.54 | 10.24 |
| EPS (₹) | (3.43) | (3.39) | 4.56 | 0.16 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (6.68) | (2.04) | (0.05) | (3.74) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 |
| Revenue growth (YoY) | - | -100.0% | - | - | - | -87.9% | - | - |
| Other income | 0.05 | 0.02 | 0.04 | 0.05 | 0.01 | 0.07 | 0.08 | 0.04 |
| Total expenses | 0.06 | 0.09 | 0.20 | 0.19 | 0.12 | 0.20 | 5.05 | 0.25 |
| EBITDA | (0.06) | (0.09) | (0.20) | (0.19) | (0.12) | (0.12) | (5.05) | (0.25) |
| EBITDA margin | - | - | - | - | - | -150.0% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.10 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.02 |
| Profit before tax | (0.01) | (0.07) | (0.16) | (0.14) | (0.12) | (0.06) | (5.16) | (0.33) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.08 | 0.66 | 7.71 | 8.57 | 13.32 | 7.67 | 19.24 |
| Revenue growth | -87.9% | -91.4% | -10.0% | -35.7% | +73.7% | -60.1% | - |
| Other income | 0.16 | 0.16 | 0.09 | 1.10 | 0.26 | 3.32 | 0.36 |
| Total expenses | 0.71 | 6.79 | 9.77 | 10.65 | 13.20 | 10.89 | 18.81 |
| Employee cost | 0.00 | 0.00 | 3.05 | 3.04 | 3.24 | 3.01 | 3.31 |
| EBITDA | (0.63) | (6.13) | (2.06) | (2.08) | 0.12 | (3.22) | 0.43 |
| EBITDA margin | -787.5% | -928.8% | -26.7% | -24.3% | +0.9% | -42.0% | +2.2% |
| Depreciation | 0.01 | 0.30 | 0.39 | 0.38 | 0.39 | 0.67 | 0.84 |
| Interest | 0.00 | 0.26 | 0.23 | 0.15 | 0.18 | 0.47 | 0.90 |
| Profit before tax | (0.48) | (6.53) | (2.59) | (1.51) | (0.19) | (1.04) | (0.95) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | (0.09) | 1.23 | 0.00 |
| Net profit | (0.26) | (0.98) | (2.59) | (2.01) | (0.10) | (4.23) | (0.95) |
| Net profit margin | -325.0% | -148.5% | -33.6% | -23.5% | -0.8% | -55.2% | -4.9% |
| EPS (₹) | (0.04) | (4.90) | (1.93) | (1.13) | (0.07) | (1.70) | (0.72) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.34 | 13.34 | 13.34 | 13.34 | 13.34 | 13.34 | 13.34 |
| Reserves & surplus | (18.64) | (18.16) | (11.64) | (9.07) | (7.62) | (7.56) | (5.28) |
| Shareholders' funds (net worth) | (5.30) | (4.82) | 1.70 | 4.27 | 5.72 | 5.78 | 8.06 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 2.83 | 2.83 | 2.86 | 1.32 | 1.71 | 1.84 | 5.30 |
| Total debt | 2.83 | 2.83 | 2.86 | 1.32 | 1.71 | 1.84 | 5.30 |
| Total liabilities | (2.48) | (1.99) | 5.15 | 6.11 | 7.97 | 8.11 | 14.05 |
| Assets | |||||||
| Gross block | 0.00 | 1.59 | 2.48 | 2.48 | 2.48 | 2.77 | 10.06 |
| Net block | 0.00 | 0.12 | 0.79 | 0.29 | 0.67 | 0.77 | 8.13 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.08 | 0.35 | 0.95 | 0.97 | 1.29 | 3.49 |
| Sundry debtors | 0.04 | 0.04 | 9.50 | 9.93 | 11.35 | 9.63 | 7.92 |
| Cash & bank balances | 2.05 | 9.41 | 0.45 | 0.62 | 0.60 | 1.26 | 0.80 |
| Loans & advances | 1.16 | 1.05 | 1.21 | 1.31 | 1.22 | 2.72 | 2.57 |
| Total current assets | 3.25 | 10.58 | 11.51 | 12.81 | 14.14 | 14.90 | 14.78 |
| Total current liabilities | 5.98 | 13.06 | 7.55 | 7.35 | 7.23 | 7.89 | 9.56 |
| Net working capital | (2.73) | (2.48) | 3.96 | 5.46 | 6.91 | 7.01 | 5.22 |
| Total assets | (2.48) | (1.99) | 5.15 | 6.11 | 7.97 | 8.11 | 14.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.36 | 0.06 | 0.20 | 0.17 | 0.85 | 0.64 | 0.26 |
| Net cash from operating activities | (0.47) | 0.08 | (0.59) | 0.30 | (0.13) | (5.38) | 3.78 |
| Net cash from investing activities | 0.16 | 0.12 | 0.03 | 0.04 | (0.26) | 9.94 | (1.54) |
| Net cash from financing activities | 0.00 | 0.10 | 0.42 | (0.32) | (0.28) | (4.35) | (1.87) |
| Net change in cash | (0.31) | 0.30 | (0.14) | 0.03 | (0.68) | 0.21 | 0.38 |
| Closing cash | 2.05 | 9.41 | 0.45 | 0.62 | 0.60 | 1.26 | 0.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -87.9% | -91.4% | -10.0% | -35.7% | +73.7% | -60.1% | - |
| EBITDA growth | +89.7% | -197.6% | +1.0% | -1833.3% | +103.7% | -848.8% | - |
| PBT growth | +92.7% | -152.5% | -71.5% | -694.7% | +81.7% | -9.5% | +22.8% |
| Net income growth | +73.5% | +62.2% | -28.9% | -1910.0% | +97.6% | -345.3% | - |
| Revenue CAGR (3Y) | -78.9% | -63.3% | +0.2% | -23.6% | -5.4% | -44.8% | -27.4% |
| EBITDA CAGR (3Y) | -32.8% | - | -13.8% | - | - | +35.3% | - |
| Profitability & leverage | |||||||
| Net income margin | -600.0% | -990.9% | -33.6% | -17.6% | -0.8% | -29.6% | -4.9% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.70 | 0.30 | 0.31 | 0.99 | 2.98 |
| Long-term debt / equity | 0.00 | 0.00 | 0.05 | 0.01 | 0.01 | 0.02 | 0.03 |
| Interest cover | 0.00 | -3.96 | -9.39 | -6.10 | -66.67 | -12.08 | -219.51 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.10 | 0.32 | 3.11 | 3.46 | 5.07 | 2.49 | 7.39 |
| Inventory turnover | 2.00 | 3.07 | 11.86 | 8.93 | 11.79 | 3.21 | 4.00 |
| Debtors turnover | 2.00 | 0.14 | 0.79 | 0.81 | 1.27 | 0.87 | 3.77 |
| EPS (₹) | (0.36) | (4.89) | (1.93) | (1.13) | (0.07) | (1.70) | (0.72) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (3.98) | (3.62) | 1.27 | 3.20 | 4.29 | 4.33 | 1.05 |
To see the full year-wise statements and ratios of VXL Instruments Limited, buy the company report.
Board of directors of VXL Instruments Limited
VXL Instruments has 5 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hema Thakur Kiran Also directs: Priya International Limited, Espouse Capital Private Limited | Director | 29 Jul 2021 | 5 Years 3 Months | As last reported |
| Shruti Bhuwania | Director | 10 Jul 2021 | 5 Years 4 Months | As last reported |
| Sushil Kaluram Sakpal Also directs: Priya International Limited, Priya Limited | Whole-Time Director | 27 Aug 2024 | 2 Years 2 Months | As last reported |
| Rajeshree Maruti Chougule | Additional Director | 30 May 2024 | 2 Years 5 Months | As last reported |
| Amit Doshi | Additional Director | 30 May 2024 | 2 Years 5 Months | As last reported |
Auditor
VXL Instruments Limited is audited by Y C R J & ASSOCIATES Char tered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y C R J & ASSOCIATES Char tered Accountants | FY 2023 | 006927S |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 4.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 95.30%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 4.70% | 4.70% | 4.70% | 4.70% |
| Public | 95.30% | 95.30% | 95.30% | 95.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2000 | 80009997 | State Bank of India | ₹14.5 Cr | Satisfied | |
| 05 Jun 2000 | 90192266 | State Bank of India | ₹23 Cr | Satisfied | |
| 16 Sep 1999 | 90192114 | Industrial Development Bank of India | ₹10 Cr | Satisfied | |
| 14 Sep 1999 | 90192113 | Union Bank of India | ₹74 Lakh | Satisfied | |
| 26 Dec 1996 | 90189428 | The Shamrao Vithal Co-Op. Bank Ltd. | ₹33.75 Lakh | Satisfied |
To see the full charge records of VXL Instruments Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
VXL Instruments Limited has 15 deals on record (15 market trades); the latest was in July 2025.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Market trade | ₹2.6 Lakh | Seller: an individual |
| Jul 2025 | Market trade | ₹3.6 Lakh | Seller: an individual |
| Sep 2007 | Market trade | ₹13.5 Lakh | Buyer: an individual |
| Mar 2007 | Market trade | ₹25.1 Lakh | Buyer: Suprem Trading Co, an individual Seller: Suprem Trading Co, Micro Finance Pvt Ltd |
| Mar 2007 | Market trade | ₹21.8 Lakh | Buyer: Micro Finance Pvt Ltd Seller: Kokila Plastics Pvt.Ltd. |
To see the full deal history of VXL Instruments Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
VXL Instruments Limited has 51 court cases on record: 37 filed by VXL Instruments, 14 filed against it. 9 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 3 | 8 |
| District courts | 14 | 9 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Rashi Peripherals Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Rashi Peripherals Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of VXL Instruments 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.
MSME payment delays
VXL Instruments Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Srikaarya Industries Private Limited | |||
| an individual supplier | |||
| New Globe Logistik LLP | |||
| Sindhu Cargo Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of VXL Instruments Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
VXL Instruments Limited has a workforce of 39 employees on its EPFO records as of Dec 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 39 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of VXL Instruments Limited, buy the company report.
GST
VXL Instruments has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV4734D1ZI | Maharashtra | Active | 01 Jul 2017 |
| 29AAACV4734D1ZE | Karnataka | Active | 01 Jul 2017 |
| 29AAACV4734D2ZD | Karnataka | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of VXL Instruments Limited, buy the company report.
Recent activity
VXL Instruments Limited has 37 board changes on record since 1993: 21 appointments and 16 cessations. The latest: Hemant Agarwal ceased to be Company Secretary on 01 Feb 2025.
56 earlier events are in the company report.
News
Frequently asked questions
VXL Instruments is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
VXL Instruments is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 28 February 1986 and is registered under CIN L85110MH1986PLC272426. Listed on BSE: 517399. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
VXL Instruments reported revenue of ₹8 Lakh for FY 2025-26 (down 87.9% YoY) based on standalone financials.
VXL Instruments has 5 current directors:
- Sushil Kaluram Sakpal - Whole-Time Director
- Hema Thakur Kiran - Director
- Shruti Bhuwania - Director
- Rajeshree Maruti Chougule - Additional Director
- Amit Doshi - Additional Director
The latest financial statements of VXL Instruments on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of VXL Instruments is L85110MH1986PLC272426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. VXL Instruments is a listed company as per MCA records. Its shares are listed on BSE (code: 517399).
VXL Instruments has no open charges and satisfied charges of ₹56.19 Cr as per latest MCA filings.
VXL Instruments has 51 court cases on record: 37 filed by the company and 14 filed against it. 9 are pending. Most are in the high courts.
VXL Instruments was incorporated on 28 February 1986. It is registered with the Registrar of Companies, Mumbai.
VXL Instruments has 15 deals on record (15 market trades); the latest was in July 2025.

