About Venkata Narayana Active Ingredients Private Limited
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Venkata Narayana Active Ingredients Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 15 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24231TN2005PTC057504. Its GSTIN is 33AACCN1943Q1Z7 (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹39 Cr and a paid-up capital of ₹26.53 Cr. It was formerly known as Nutra Specialities Private Limited and Neutra Specialities Private Limited. It is led by directors Abhaya Kumar Srisrimal and Deepak Abhayakumar.
Its last annual general meeting (AGM) was held on 16 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.38(27) First Floor Madley Road, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2025, the company reported a revenue of ₹271.82 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹36.41 Cr (net margin 13.4%) and EBITDA of ₹92.6 Cr (EBITDA margin 34.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 378 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Venkata Narayana Active Ingredients. As per MCA filings, the company has open charges of ₹250.08 Cr and satisfied charges of ₹327.59 Cr on record. Court records list 33 cases involving the company, including 16 filed by the company and 17 filed against it; 2 cases are pending. The company has 74 deals on record (63 secondary share transfers, 10 funding rounds, 1 rights issue), with disclosed funding of ₹43 Cr; the latest was in March 2023. Its 9 peer companies in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 4 smaller; the largest is Vijayasri Organics Private Limited with revenue of ₹280.5 Cr. The company has 9 MSME Form 1 returns on record between 2017 and 2021, listing 180 overdue payments to 59 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 vnai.in.
Company details
Name history
Venkata Narayana Active Ingredients has undergone 3 name changes throughout its history. The company was previously known as Nutra Specialities Private Limited, Neutra Specialities Private Limited, and Venkatanarayana Pharmaceuticals Private Limited. The current legal name is Venkata Narayana Active Ingredients Private Limited.
| Company Name | Status |
|---|---|
| Venkata Narayana Active Ingredients Private Limited | Current |
| Nutra Specialities Private Limited | Previous |
| Neutra Specialities Private Limited | Previous |
| Venkatanarayana Pharmaceuticals Private Limited | Previous |
Contact details
Venkata Narayana Active Ingredients Private Limited's registered office is in Chennai, Tamil Nadu. Its website is vnai.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.38(27) First Floor Madley Road, Chennai, Tamil Nadu, India – 600017
- IndustryPharma, API Manufacturers
To see the full contact details of Venkata Narayana Active Ingredients 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
Brands
Venkata Narayana Active Ingredients operates one associated brand: Venkata Narayana Active Ingredients. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies active pharmaceutical ingredients to global pharmaceutical companies. | vnai.in |
Business activity
The main business activity of Venkata Narayana Active Ingredients 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 Venkata Narayana Active Ingredients Private Limited, buy the company report.
Financials of Venkata Narayana Active Ingredients Private Limited
FY 2024 filings availableVenkata Narayana Active Ingredients Private Limited reported revenue of ₹271.82 Cr (up 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 53% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 483% 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 | ₹92.6 Cr | ||||
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| Net Profit (PAT) | ₹36.41 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 | 34.1% | ||||
| Net Profit Margin | 13.4% | ||||
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To see the full financial statements and ratios of Venkata Narayana Active Ingredients Private Limited, buy the company report.
Board of directors of Venkata Narayana Active Ingredients Private Limited
Venkata Narayana Active Ingredients has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhaya Kumar Srisrimal Also directs: Abusha Investment & Management Services LLP, Amuda Capital Services LLP, Sprout Angels LLP and 5 more | Director | 02 Apr 2020 | 6 Years 6 Months | Current |
| Deepak Abhayakumar Also directs: Abusha Investment & Management Services LLP, Abundance Farming LLP, V-Patrol AI Private Limited and 5 more | Director | 12 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Venkata Narayana Active Ingredients Private Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (API Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Vijayasri Organics Private Limited | ₹280.5 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| Jagson Pal Pharmaceuticals Limited. | ₹276.91 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Embio Limited | ₹274.76 Cr (FY 2025) | 49.0% | Mumbai, Maharashtra, India | |||
| Sodium Metal Pvt Ltd | ₹273.32 Cr (FY 2023) | -11.0% | Vadodara, Gujarat, India | |||
| Saraf Chemicals Private Limited | ₹271.96 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Venkata Narayana Active Ingredients Private Limitedthis company | ₹271.82 Cr (FY 2025) | ₹36.41 Cr | 13.4% | 53.0% | 378 | Chennai, Tamil Nadu, India |
| Styrax Pharma Private Limited | ₹260.24 Cr (FY 2024) | 4.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Rakshit Drugs Private Limited | ₹256.13 Cr (FY 2024) | -3.0% | Hyderabad, Telangana, India | |||
| Shodhana Laboratories Private Limited | ₹250.16 Cr (FY 2024) | -23.0% | Hyderabad, Telangana, India | |||
| East India Pharmaceutical Works Limited | ₹249.94 Cr (FY 2024) | Kolkata, West Bengal, India |
To see the full peer comparison of Venkata Narayana Active Ingredients Private Limited, buy the company report.
Auditor
Venkata Narayana Active Ingredients Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Venkata Narayana Active Ingredients 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 Venkata Narayana Active Ingredients Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2023 | 100702231 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 09 Jan 2023 | 100672192 | Canara Bank | ₹9.83 Lakh | Satisfied | |
| 07 Nov 2022 | 100657730 | Canara Bank | ₹12.14 Lakh | Satisfied | |
| 07 Sep 2022 | 100656626 | Canara Bank | ₹34.27 Lakh | Satisfied | |
| 03 Jul 2021 | 100461510 | Hdfc Bank Limited | ₹13.24 Lakh | Satisfied |
To see the full charge records of Venkata Narayana Active Ingredients Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Venkata Narayana Active Ingredients Private Limited has 74 deals on record (63 secondary share transfers, 10 funding rounds, 1 rights issue), with disclosed funding of ₹43 Cr; the latest was in March 2023.
Deals on record (5 of 74)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Abusha Investment & Management Services LLP Seller: Cellutions Biostorage Private Limited |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Cellutions Biostorage Private Limited Seller: Lifecell International Private Limited |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Abusha Investment & Management Services LLP Seller: an individual |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: Abusha Investment & Management Services LLP Seller: Abusha Foundation |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Blossom Angels LLP Seller: Abusha Foundation |
To see the full deal history of Venkata Narayana Active Ingredients 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
Venkata Narayana Active Ingredients Private Limited has 33 court cases on record: 16 filed by Venkata Narayana Active Ingredients, 17 filed against it. 2 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 14 | 0 |
| District courts | 3 | 2 | 1 |
| Supreme Court | 2 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by M/S. S.V.Labs Private Limited | Pending |
| Madras High Court | Appeal | Filed by the company against Novartis Healthcare Pvt Ltd and 1 other | Disposed |
| High Court | Appeal | Filed against the company by Novartis Healthcare Pvt Limited and 1 other | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Southern Power Distribution Company of Andhra Pradesh Limited, and 2 others | Disposed |
| NCLT, Amravati | Insolvency matter | Filed by the company against CKS Pharma Labs Private Limited | Disposed |
To see the full case history of Venkata Narayana Active Ingredients 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
Venkata Narayana Active Ingredients Private Limited was last rated by Crisil on 30 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jun 2020 |
To see the full credit ratings and regulatory alerts of Venkata Narayana Active Ingredients Private Limited, buy the company report.
MSME payment delays
Venkata Narayana Active Ingredients Private Limited has 9 MSME Form 1 returns on record between 2017 and 2021, listing 180 overdue payments to 59 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 59)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Mysore Ammonia and Chemicals Limited | |||
| Alr Labs Private Limited | |||
| Shrihari Chemicals | |||
| Mody Chemi Pharma Limited |
To see the full MSME payment records of Venkata Narayana Active Ingredients Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Venkata Narayana Active Ingredients Private Limited has a workforce of 378 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Venkata Narayana Active Ingredients has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN1943Q1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCN1943Q2Z6 | Tamil Nadu | Active | 05 Aug 2017 |
| 37AACCN1943Q1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Venkata Narayana Active Ingredients Private Limited, buy the company report.
Recent activity
Venkata Narayana Active Ingredients Private Limited has 19 board changes on record since 2007: 3 appointments and 16 cessations. The latest: Vallavanur Subramaniam Pattabiraman ceased to be Whole-Time Director on 24 Feb 2023.
79 earlier events are in the company report.
Frequently asked questions
Venkata Narayana Active Ingredients is an active private limited company based in Chennai, Tamil Nadu, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 15 September 2005 (21+ years old) and is registered under CIN U24231TN2005PTC057504.
Venkata Narayana Active Ingredients has 2 current directors:
- Abhaya Kumar Srisrimal - Director
- Deepak Abhayakumar - Director
The latest financial statements of Venkata Narayana Active Ingredients on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Venkata Narayana Active Ingredients is 33AACCN1943Q1Z7, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AACCN1943Q2Z6 (Tamil Nadu), 37AACCN1943Q1ZZ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Venkata Narayana Active Ingredients is U24231TN2005PTC057504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venkata Narayana Active Ingredients has 33 court cases on record: 16 filed by the company and 17 filed against it. 2 are pending. Most are in the high courts.
Venkata Narayana Active Ingredients was incorporated on 15 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Venkata Narayana Active Ingredients has 74 deals on record (63 secondary share transfers, 10 funding rounds, 1 rights issue), with disclosed funding of ₹43 Cr; the latest was in March 2023.
The peers of Venkata Narayana Active Ingredients by revenue are Vijayasri Organics Private Limited, Jagson Pal Pharmaceuticals Limited, Embio Limited, Sodium Metal Pvt Ltd, Saraf Chemicals Private Limited and 4 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vallavanur Subramaniam Pattabiraman ceased to be Whole-Time Director on 24 Feb 2023. Chandra Kumar Verma ceased to be Additional Director on 07 Dec 2022. Deepak Abhayakumar ceased to be Additional Director on 27 Sep 2021. Venkata Narayana Active Ingredients has 19 board changes on record in total.
Venkata Narayana Active Ingredients has 9 MSME Form 1 returns on record between 2017 and 2021, listing 180 overdue payments to 59 micro and small suppliers. The latest return was filed on 13 May 2021.
Venkata Narayana Active Ingredients can be reached through the website vnai.in. Its registered office is in Chennai, Tamil Nadu, India.