About HiVeg
HiVeg is an Agriculture company based in Mumbai (India) founded in 2006. HiVeg provides plant-based peptones and growing media for effective bacteria cultivation in labs. It operates on a B2B model. Its Indian entity Himedia Laboratories Private Limited reported revenue of ₹1,057 Cr. Its focus areas include Biotechnology, Microbiology, Cultivation Media and Plant-Based Products. Its competitors include IPL Biologicals, Titan Biotech and Univia; 2 of its 3 listed competitors have raised funding.
Company details
HiVeg operates with a B2B model, focusing on advancing biotech innovations, microbiology, cultivation media, and plant-based products. HiVeg provides plant-based peptones and growing media for effective bacteria cultivation in labs. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Mumbai, India
- SectorsAgriculture
- Website hiveg.com
- Social X
- Legal Name Himedia Laboratories Private Limited
- Date of Incorporation 08 Sep, 1982
- Annual Revenue₹1,057 Cr
FY 2025 · +18% YoY
- Net Profit₹98.46 Cr
FY 2025 · 9% margin
- EBITDA₹206 Cr
FY 2025 · 20% margin
Associated legal entities of HiVeg
HiVeg operates through Himedia Laboratories Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Himedia Laboratories Private Limited CIN U85195MH1982PTC028194 | Active | 08 Sep 1982 | Thane, Maharashtra | ₹1,057 Cr | 1,441 | 12 | View details |
Board of directors of Himedia Laboratories Private Limited (HiVeg)
Himedia Laboratories Private Limited is the primary company behind HiVeg. The board of Himedia Laboratories Private Limited currently have 12 directors; the longest-serving is Gangadhar Motiram Warke, appointed in 1992. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gangadhar Motiram Warke DIN 00131921 | Managing Director | 08 Sep 1992 | 34 yrs 1 mo | Himedia Laboratories Private Limited |
| Vishnu Motiram Warke DIN 00143047 | Whole-time director | 08 Sep 1992 | 34 yrs 1 mo | Himedia Laboratories Private Limited |
| Anil Tryambak Warke DIN 00143275 | Whole-time director | 01 May 1998 | 28 yrs 5 mo | Himedia Laboratories Private Limited |
| Vishal Gangadhar Warke DIN 00143167 | Whole-time director | 01 Aug 2004 | 22 yrs 2 mo | Himedia Laboratories Private Limited |
| Pravin Tryambak Warke DIN 01672973 | Whole-time director | 01 Aug 2005 | 21 yrs 2 mo | Himedia Laboratories Private Limited |
| Priti Vishal Warke DIN 00809839 | Whole-time director | 01 Aug 2005 | 21 yrs 2 mo | Himedia Laboratories Private Limited |
| Rahul Gangadhar Warke DIN 00143397 | Whole-time director | 01 Apr 2006 | 20 yrs 6 mo | Himedia Laboratories Private Limited |
| Rajas Vishnu Warke DIN 02247355 | Whole-time director | 16 Jun 2008 | 18 yrs 4 mo | Himedia Laboratories Private Limited |
| Saroj Gangadhar Warke DIN 00142782 | Director | 29 Sep 2014 | 12 yrs | Himedia Laboratories Private Limited |
| Swati Vishnu Warke DIN 02509723 | Director | 03 Dec 2014 | 11 yrs 10 mo | Himedia Laboratories Private Limited |
| Ramesh Tryambak Warke DIN 00142973 | Director | 03 Dec 2014 | 11 yrs 10 mo | Himedia Laboratories Private Limited |
| Kavita Milind Khadke DIN 08652719 | Whole-time director | 07 Jan 2020 | 6 yrs 9 mo | Himedia Laboratories Private Limited |
Financials of HiVeg
Figures of Himedia Laboratories Private Limited, the primary company behind HiVeg, for FY 2025. Revenue was ₹1,057 Cr (+18% year on year). Net profit was ₹98.46 Cr (9% margin). EBITDA was ₹206 Cr (20% margin). Revenue has grown at a compounded annual rate of -1% over three years.
- ₹1,057 CrRevenue · FY 2025 · +18% YoY
- ₹98.46 CrNet profit · 9% margin
- ₹206 CrEBITDA · 20% margin
- ₹4.56 CrPaid-up capital
- 1,441Employees (provident fund records)
- -1%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Himedia Laboratories Private Limited are on its company page.
Detailed financial statements for HiVeg
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Competitors of HiVeg
HiVeg has 3 listed competitors in our database, 2 of them funded. They include IPL Biologicals, Titan Biotech and Univia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iplbiologicals.com | 1994 | Gurugram, India | $4.66M | 901 | Plant nutrition and protection products are manufactured and supplied. | |
| titanbiotechltd.com | 1992 | Delhi, India | 406 | Biological products are manufactured and exported for various industries. | ||
| univia.in | 2020 | Ahmedabad, India | $237,838 | 52 | Agri-input retailers are connected to farmers via a phygital network. |
Detailed competitors of HiVeg
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Top companies in Aquaculture Feed and Nutrition
3 companies that operate in the same segment as HiVeg (Aquaculture Feed and Nutrition) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Feeds for fish and shrimp are manufactured and specialized in. | 1993 | Hyderabad, Telangana, India | USD 638.11 M | 1,550 | ||
Fully integrated company in aqua feed production, and farming, processing, and supply of shrimp products | 1987 | Chennai, Tamil Nadu, India | USD 35.49 M | |||
Develops innovative probiotics, enzymes, and prebiotics for animal health and sustainable aquaculture. | 2002 | Hyderabad, Telangana, India | USD 1.55 M | 35 |
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Frequently Asked Questions about HiVeg
HiVeg was founded in 2006.
HiVeg is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind HiVeg, Himedia Laboratories Private Limited, reported revenue of ₹1,057 Cr for FY 2025, up 18% year on year.
HiVeg operates with a B2B model, focusing on advancing biotech innovations, microbiology, cultivation media, and plant-based products. HiVeg provides plant-based peptones and growing media for effective bacteria cultivation in labs. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
HiVeg's top competitors include Titan Biotech, IPL Biologicals and Univia.
HiVeg operates through Himedia Laboratories Private Limited.
The legal entities of HiVeg currently have 12 directors, including Pravin Tryambak Warke, Kavita Milind Khadke, Gangadhar Motiram Warke and others.