
Alvaetra Laboratories Pvt Ltd
About Alvaetra Laboratories Pvt Ltd
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Alvaetra Laboratories Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 22 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1986PTC040989.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Vidyut Dilip Shah and Radhika Vidyut Shah.
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 30 Sheela Bldgbhulabhai Desai Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2025, the company reported a revenue of ₹14,722, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹19,572 (net margin -132.9%) and EBITDA of -₹19,218 (EBITDA margin -130.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
As per MCA filings, the company has satisfied charges of ₹1 Lakh on record. Court records list 11 cases involving the company, including 11 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Alvaetra Laboratories Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address30 Sheela Bldgbhulabhai Desai Road, Mumbai, Maharashtra, India – 400026
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Alvaetra Laboratories Pvt Ltd, 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
Financials of Alvaetra Laboratories Pvt Ltd
FY 2025 filings availableAlvaetra Laboratories Pvt Ltd reported revenue of ₹14,722 (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 29% fall 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 | -₹19,218 | ||||
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| Net Profit (PAT) | -₹19,572 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -130.5% | ||||
| Net Profit Margin | -132.9% | ||||
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To see the full financial statements and ratios of Alvaetra Laboratories Pvt Ltd, buy the company report.
Board of directors of Alvaetra Laboratories Pvt Ltd
Alvaetra Laboratories has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidyut Dilip Shah Also directs: Pearim Pharmaceuticals Private Limited, Ray Property Developers Private Limited, Saurabh Desai Exports Private Limited and 1 more | Director | 12 Jun 2014 | 12 Years 4 Months | Current |
| Radhika Vidyut Shah Also directs: Pearim Pharmaceuticals Private Limited, Saurabh Desai Exports Private Limited, V S International Private Limited and 1 more | Director | 25 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Alvaetra Laboratories Pvt Ltd is compared with the 10 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TMH Pharmaceuticals Private Limited | ₹15,340 (FY 2024) | -95.0% | Delhi, India | |||
| H O L Marikar and Sons Pvt Ltd | ₹15,300 (FY 2025) | 20.0% | Thiruvananthapuram, Kerala, India | |||
| Greenvet Health Care Private Limited | ₹15,260 (FY 2024) | Aligarh, Uttar Pradesh, India | ||||
| Shah Medicals (Pune) Private Limited | ₹15,000 (FY 2025) | Pune, Maharashtra, India | ||||
| QFL Healthcare Private Limited | ₹14,913 (FY 2024) | 28.0% | Delhi, India | |||
| Alvaetra Laboratories Pvt Ltdthis company | ₹14,722 (FY 2025) | -₹19,572 | -132.9% | -29.0% | Mumbai, Maharashtra, India | |
| Medicines Company (India) Private Limited | ₹14,636 (FY 2018) | -100.0% | Gurgaon, Haryana, India | |||
| Relichem Pharma Private Limited | ₹13,846 (FY 2019) | Mumbai, Maharashtra, India | ||||
| Karnal Pharma Park Private Limited | ₹13,808 (FY 2024) | Karnal, Haryana, India | ||||
| L'amar Lifesciences & Biotech Private Limited | ₹13,711 (FY 2025) | 61.0% | Mumbai, Maharashtra, India | |||
| Zowie Health Care Private Limited (OPC) | ₹13,676 (FY 2022) | -84.0% | Greater Noida, Uttar Pradesh, India |
To see the full peer comparison of Alvaetra Laboratories Pvt Ltd, buy the company report.
Auditor
Alvaetra Laboratories Pvt Ltd is audited by KHANDWALA & SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANDWALA & SHAH | FY 2023 | 105069W |
Shareholding
The shareholding of Alvaetra Laboratories Pvt Ltd 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alvaetra Laboratories Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 1986 | 90223887 | Bank of Baroda | ₹1 Lakh | Satisfied |
To see the full charge records of Alvaetra Laboratories Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Alvaetra Laboratories Pvt Ltd has 11 court cases on record: 11 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 11 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed against the company by M/S. Saurabh Desai Exports Pvt Ltd and 2 Ors | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| Bombay High Court | Court case (S) | Filed against the company | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company | Disposed |
To see the full case history of Alvaetra Laboratories Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Alvaetra Laboratories Pvt Ltd; 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 Alvaetra Laboratories Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Alvaetra Laboratories Pvt Ltd has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Dhiren Chandulal Shah ceased to be Director on 30 Jun 2024.
Frequently asked questions
Alvaetra Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 22 September 1986 (40+ years old) and is registered under CIN U24230MH1986PTC040989.
Alvaetra Laboratories has 2 current directors:
- Vidyut Dilip Shah - Director
- Radhika Vidyut Shah - Director
The latest financial statements of Alvaetra 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Alvaetra Laboratories is U24230MH1986PTC040989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alvaetra Laboratories has 11 court cases on record: 11 filed against it. 3 are pending.
Alvaetra Laboratories was incorporated on 22 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Alvaetra Laboratories by revenue are TMH Pharmaceuticals Private Limited, H O L Marikar and Sons Pvt Ltd, Greenvet Health Care Private Limited, Shah Medicals (Pune) Private Limited, QFL Healthcare Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Dhiren Chandulal Shah ceased to be Director on 30 Jun 2024. Radhika Vidyut Shah was appointed as Director on 25 Apr 2018. Vidyut Dilip Shah was appointed as Director on 12 Jun 2014. Alvaetra Laboratories has 4 board changes on record in total.
The registered office of Alvaetra Laboratories is at 30 Sheela Bldgbhulabhai Desai Road, Mumbai, Maharashtra, India – 400026.
Alvaetra Laboratories operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
Alvaetra Laboratories has no open charges and satisfied charges of ₹1 Lakh as per latest MCA filings.

