About Bayer Vapi Private Limited
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Bayer Vapi Private Limited is a private limited company based in Vapi, Gujarat, India, a subsidiary of Bayer Sas. It operates in the crop protection segment of the agriculture sector. It was incorporated on 08 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U99999GJ1990PTC049322. Its GSTIN is 24AABCB2100L1ZA (Gujarat). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹23.26 Cr. It was formerly known as Bilag Industries Private Limited and Mitsu Intermediates Private Limited. It is led by directors including Geetha Narayanan (Whole-Time Director) and Udo Peter Schneider.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 306/3 2nd Phase GIDC, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,200.3 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹290.3 Cr (net margin 13.2%) and EBITDA of ₹516.1 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 11% over five years.
The company has about 1,192 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹103 Cr on record. Court records list 25 cases involving the company, including 6 filed by the company and 19 filed against it; 9 cases are pending. The company has 7 deals on record (7 secondary share transfers); the latest was in February 2012. Its 8 peer companies in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 5 smaller; the largest is Southern Petrochemical Industries Corporation Limited with revenue of ₹3,100.25 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 327 overdue payments to 66 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vapi.bayer.com.
Company details
Name history
Bayer Vapi has undergone 4 name changes throughout its history. The current legal name is Bayer Vapi Private Limited.
| Company Name | Status |
|---|---|
| Bayer Vapi Private Limited | Current |
| Bilag Industries Private Limited | Previous |
| Mitsu Intermediates Private Limited | Previous |
| Mitsu Intermediates Limited | Previous |
| Bilag Industries Limited | Previous |
Contact details
Bayer Vapi Private Limited's registered office is in Vapi, Gujarat. Its website is vapi.bayer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 306/3 2nd Phase GIDC, Vapi, Gujarat, India – 396195
- IndustryAgriculture, Crop Protection
To see the full contact details of Bayer Vapi 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 Bayer Vapi is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Bayer Vapi Private Limited, buy the company report.
Financials of Bayer Vapi Private Limited
FY 2025 filings availableBayer Vapi Private Limited reported revenue of ₹2,200.3 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 7% 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 | ₹516.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹290.3 Cr | ||||
| Balance Sheet | |||||
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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 | 23.5% | ||||
| Net Profit Margin | 13.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Bayer Vapi Private Limited, buy the company report.
Board of directors of Bayer Vapi Private Limited
Bayer Vapi has 3 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udo Peter Schneider | Director | 19 Apr 2016 | 10 Years 6 Months | Current |
| Geetha Narayanan | Whole-Time Director | 28 Aug 2024 | 2 Years 1 Months | Current |
| Eric Roger Hubert Roche | Director | 07 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Bayer Vapi Private Limited is compared with the 8 companies closest to it by revenue in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Southern Petrochemical Industries Corporation Limited | ₹3,100.25 Cr (FY 2025) | 58.0% | Chennai, Tamil Nadu, India | |||
| Sumitomo Chemical India Limited | ₹2,939.62 Cr (FY 2024) | -17.0% | Mumbai, Maharashtra, India | |||
| Adama India Private Limited | ₹2,509.85 Cr (FY 2025) | -4.0% | Medchal Malkajgiri, Telangana, India | |||
| Bayer Vapi Private Limitedthis company | ₹2,200.3 Cr (FY 2025) | ₹290.3 Cr | 13.2% | -10.0% | 1,192 | Vapi, Gujarat, India |
| Meghmani Organics Limited | ₹2,123.62 Cr (FY 2025) | 32.0% | Ahmedabad, Gujarat, India | |||
| Willowood Chemicals Limited | ₹2,111.28 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Dhanuka Agritech Limited | ₹2,071.26 Cr (FY 2025) | 15.0% | Gurgaon, Haryana, India | |||
| Insecticides (India) Limited | ₹2,006.95 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Safex Chemicals ( India) Limited | ₹1,605.82 Cr (FY 2025) | 13.0% | Delhi, India |
To see the full peer comparison of Bayer Vapi Private Limited, buy the company report.
Auditor
Bayer Vapi Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Bayer Vapi 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 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 Bayer Vapi Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2000 | 90352868 | Standard Chartered Bank | ₹100 Cr | Satisfied | |
| 14 Aug 1995 | 80066484 | Punjab National Bank | ₹1.5 Cr | Satisfied | |
| 14 Aug 1995 | 90348980 | Punjab National Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of Bayer Vapi Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Bayer Vapi Private Limited has 7 deals on record (7 secondary share transfers); the latest was in February 2012.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2012 | Secondary share transfer | Undisclosed | Seller: an individual |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: Bayer CropScience AG, an individual Seller: Bayer CropScience SA, an individual |
| Jun 2008 | Secondary share transfer | Undisclosed | Buyer: Bayer CropScience SA, an individual Seller: Bayer CropScience AG, an individual |
| Jun 2008 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bayer CropScience AG |
To see the full deal history of Bayer Vapi Private 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
Bayer Vapi Private Limited has 25 court cases on record: 6 filed by Bayer Vapi, 19 filed against it. 9 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 11 | 9 |
| District courts | 6 | 6 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Dakshin Gujarat Vij Company Ltd and 3 others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Energy Transmission Corporation Ltd and 16 others | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner, CGST and Central Excise Commissionerate Surat | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Assistant Commissioner of Income Tax and 2 others | Pending |
To see the full case history of Bayer Vapi 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.
Credit ratings & regulatory alerts
Bayer Vapi Private Limited was last rated by Crisil on 02 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Jun 2020 |
To see the full credit ratings and regulatory alerts of Bayer Vapi Private Limited, buy the company report.
MSME payment delays
Bayer Vapi Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 327 overdue payments to 66 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 66)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| GD Waldner India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Chaudhary Chemitreat Engineers |
To see the full MSME payment records of Bayer Vapi Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bayer Vapi Private Limited has a workforce of 1,192 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Bayer Vapi has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCB2100L1ZA | Gujarat | Active | 01 Jul 2017 |
| 03AABCB2100L1ZE | Punjab | Active | 01 Jul 2017 |
| 27AABCB2100L1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 01AABCB2100L1ZI | Jammu and Kashmir | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Bayer Vapi Private Limited, buy the company report.
Recent activity
Bayer Vapi Private Limited has 51 board changes on record since 1999: 27 appointments and 24 cessations. The latest: Arun Kumar Gulbadher ceased to be Director on 17 Jun 2025.
50 earlier events are in the company report.
News
Frequently asked questions
Bayer Vapi is an active private limited company based in Vapi, Gujarat, India. The company works in crop protection, within the agriculture industry. It was incorporated on 08 August 1990 (36+ years old) and is registered under CIN U99999GJ1990PTC049322.
Bayer Vapi has 3 current directors:
- Geetha Narayanan - Whole-Time Director
- Udo Peter Schneider - Director
- Eric Roger Hubert Roche - Director
The latest financial statements of Bayer Vapi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bayer Vapi is 24AABCB2100L1ZA, registered in Gujarat. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 03AABCB2100L1ZE (Punjab), 27AABCB2100L1Z4 (Maharashtra), 01AABCB2100L1ZI (Jammu and Kashmir).
The CIN (Corporate Identification Number) of Bayer Vapi is U99999GJ1990PTC049322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bayer Vapi has 25 court cases on record: 6 filed by the company and 19 filed against it. 9 are pending. Most are in the high courts.
Bayer Vapi was incorporated on 08 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bayer Vapi has 7 deals on record (7 secondary share transfers); the latest was in February 2012.
The peers of Bayer Vapi by revenue are Southern Petrochemical Industries Corporation Limited, Sumitomo Chemical India Limited, Adama India Private Limited, Meghmani Organics Limited, Willowood Chemicals Limited and 3 more, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Arun Kumar Gulbadher ceased to be Director on 17 Jun 2025. Meike Fischer ceased to be Director on 17 Jun 2025. Geetha Narayanan was appointed as Whole-Time Director on 28 Aug 2024. Bayer Vapi has 51 board changes on record in total.
Bayer Vapi has 14 MSME Form 1 returns on record between 2019 and 2024, listing 327 overdue payments to 66 micro and small suppliers. The latest return was filed on 12 Apr 2024.
Bayer Vapi can be reached through the website vapi.bayer.com. Its registered office is in Vapi, Gujarat, India.