About Vexta Laboratories Private Limited
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Vexta Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 29 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2010PTC206099. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹51 Lakh. It is led by directors Sujeet Yogendra Singh and Purushottam Vimal Sharma.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop No. 20 21 A 1st Floor Yashodham Shopping Centre A.K.Vhidya Marg Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.89 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹19.86 Lakh (net margin -4.1%) and EBITDA of -₹13.13 Lakh (EBITDA margin -2.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 178 cases involving the company, including 29 filed by the company and 149 filed against it; 41 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vextalabs.com.
Company details
Contact details
Vexta Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its website is vextalabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 20 21 A 1st Floor Yashodham Shopping Centre A.K.Vhidya Marg Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Vexta 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 Vexta Laboratories 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 Vexta Laboratories Private Limited, buy the company report.
Financials of Vexta Laboratories Private Limited
FY 2019 filings availableVexta Laboratories Private Limited reported revenue of ₹4.89 Cr (down 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 21% fall in the latest year. EBITDA fell 316% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.89 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹13.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.86 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.7% | ||||
| Net Profit Margin | -4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vexta Laboratories Private Limited, buy the company report.
Board of directors of Vexta Laboratories Private Limited
Vexta Laboratories has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujeet Yogendra Singh | Director | 29 Jul 2010 | 16 Years 2 Months | Current |
| Purushottam Vimal Sharma | Director | 29 Jul 2010 | 16 Years 2 Months | Current |
Auditor
Vexta Laboratories Private Limited is audited by JAIN ANIL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN ANIL & ASSOCIATES | FY 2019 | 115987W |
Shareholding
The shareholding of Vexta Laboratories Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vexta Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2010 | 10265622 | Industrial Development Bank of India Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Vexta Laboratories Private Limited has 178 court cases on record: 29 filed by Vexta Laboratories, 149 filed against it. 41 cases are pending and 137 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 160 | 138 | 39 |
| High courts | 15 | 8 | 2 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 178)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Criminal miscellaneous application | Filed against the company by Aurobindo Pharma Ltd,(C.C.No.2771/Ss/2014) | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Appeal) | Filed by the company against Pell Tech Health Care Pvt Ltd and the State of Maharashtra (C C No 4302788/Ss/201 | Pending |
| District court, New Delhi, Delhi | Revision petition | Filed against the company by Rajasthan Antibiotics Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Zeus Air Services Pvt Ltd Through Mr Ajit Ponda | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Appeal) | Filed by the company against Abil Chempharma Pvt. Ltd. and the State of Maharashtra (C C No. 2330/Ss/201 | Pending |
To see the full case history of Vexta 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
No delayed payments to MSME suppliers are on our record for Vexta Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vexta Laboratories has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vexta Laboratories Private Limited, buy the company report.
Recent activity
Vexta Laboratories Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Vishwanath Fakkad Jadhav ceased to be Director on 17 Jan 2013.
Frequently asked questions
Vexta Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 29 July 2010 (16+ years old) and is registered under CIN U85100MH2010PTC206099.
Vexta Laboratories has 2 current directors:
- Sujeet Yogendra Singh - Director
- Purushottam Vimal Sharma - Director
The latest financial statements of Vexta Laboratories on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Vexta Laboratories has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vexta Laboratories is U85100MH2010PTC206099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vexta Laboratories has 178 court cases on record: 29 filed by the company and 149 filed against it. 41 are pending. Most are in the district courts.
Vexta Laboratories was incorporated on 29 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Vishwanath Fakkad Jadhav ceased to be Director on 17 Jan 2013. Purushottam Vimal Sharma was appointed as Director on 29 Jul 2010. Sujeet Yogendra Singh was appointed as Director on 29 Jul 2010.
Vexta Laboratories can be reached through the website vextalabs.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vexta Laboratories is at Shop No. 20 21 A 1st Floor Yashodham Shopping Centre A.K.Vhidya Marg Goregaon East, Mumbai, Maharashtra, India – 400063.