Veritas Laboratories Private Limited
About Veritas Laboratories Private Limited
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Veritas Laboratories Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 09 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2016PTC301118. Its GSTIN is 07AAFCV4918G2Z6 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Niraj Chandak and Pareshwar Prasad Joshi.
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 Off – 91 (F – 11) Adarshini Plaza Aurbindo Marg, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.64 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹5.01 Cr (net margin 22.1%) and EBITDA of ₹7.62 Cr (EBITDA margin 33.6%). Revenue has grown at a compounded annual rate (CAGR) of 150% over three years and 59% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veritas Laboratories Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOff – 91 (F – 11) Adarshini Plaza Aurbindo Marg, New Delhi, Delhi, India – 110017
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Veritas Laboratories Private 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
Business activity
The main business activity of Veritas Laboratories is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale 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 | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Veritas Laboratories Private Limited, buy the company report.
Financials of Veritas Laboratories Private Limited
FY 2025 filings availableVeritas Laboratories Private Limited reported revenue of ₹22.64 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 27% growth in the latest year. EBITDA rose 73% 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 |
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| EBITDA | ₹7.62 Cr | ||||
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| Net Profit (PAT) | ₹5.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 33.6% | ||||
| Net Profit Margin | 22.1% | ||||
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To see the full financial statements and ratios of Veritas Laboratories Private Limited, buy the company report.
Board of directors of Veritas Laboratories Private Limited
Veritas Laboratories has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Chandak Also directs: Enco Speciality Chemicals Private Limited, Oak Fine Chemicals Private Limited, Svan Chemicals Private Limited and 1 more | Director | 04 Oct 2022 | 4 Years 1 Months | Current |
| Pareshwar Prasad Joshi | Director | 03 Apr 2024 | 2 Years 7 Months | Current |
| Rajender Kumar Chandak Also directs: WT Faba Biocatalyst LLP, Chandak Agro Farm LLP, Chandak Laboratories Private Limited and 5 more | Director | 30 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Veritas Laboratories Private Limited is audited by SKD & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SKD & Associates | FY 2023 | 023842N |
Shareholding
The shareholding of Veritas Laboratories Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veritas Laboratories Private Limited, buy the company report.
Legal cases
Veritas Laboratories Private Limited has 1 court case on record: 1 filed by Veritas Laboratories. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Veritas Laboratories Private 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
Veritas Laboratories Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 20 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SRP Logistics Private Limited |
To see the full MSME payment records of Veritas Laboratories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Veritas Laboratories has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCV4918G2Z6 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veritas Laboratories Private Limited, buy the company report.
Recent activity
Veritas Laboratories Private Limited has 11 board changes on record since 2022: 3 appointments and 8 cessations. The latest: Rajender Kumar Chandak ceased to be Additional Director on 29 Sep 2025.
2 earlier events are in the company report.
Frequently asked questions
Veritas Laboratories is an active private limited company based in New Delhi, Delhi, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 09 June 2016 (10+ years old) and is registered under CIN U51909DL2016PTC301118.
Veritas Laboratories has 3 current directors:
- Niraj Chandak - Director
- Pareshwar Prasad Joshi - Director
- Rajender Kumar Chandak - Director
The latest financial statements of Veritas Laboratories 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 FY 2017 are in the company report.
The GSTIN of Veritas Laboratories is 07AAFCV4918G2Z6, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Veritas Laboratories is U51909DL2016PTC301118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritas Laboratories has 1 court case on record: 1 filed by the company. 1 is pending.
Veritas Laboratories was incorporated on 09 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Rajender Kumar Chandak ceased to be Additional Director on 29 Sep 2025. Rajender Kumar Chandak was appointed as Director on 30 Jun 2025. Pareshwar Prasad Joshi was appointed as Director on 03 Apr 2024. Veritas Laboratories has 11 board changes on record in total.
Veritas Laboratories has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 20 overdue payments to 1 micro and small supplier. The latest return was filed on 31 Aug 2023.
The registered office of Veritas Laboratories is at Off – 91 F – 11 Adarshini Plaza Aurbindo Marg, New Delhi, Delhi, India – 110017.
Veritas Laboratories operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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