About Vittam Bharat Limited
Data last updated:
Vittam Bharat Limited is a public limited company based in Ahmadabad City, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 04 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L64990GJ2015PLC084071. Its GSTIN is 24AAFCN0075L2ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 540653 and NSE: SPTL.
The company has an authorised share capital of ₹289.63 Cr and a paid-up capital of ₹202.42 Cr. It was formerly known as Neev Educare Limited and Neev Educare Private Limited. It is led by directors including Usha Agarwal and Durgesh Anilkumar Agarwal.
Its last annual general meeting (AGM) was held on 21 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmadabad City, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹947.39 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹648.31 Cr (net margin -68.4%) and EBITDA of ₹139.51 Cr (EBITDA margin 14.7%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
The company is associated with 1 brand: Sintex Plastics. As per MCA filings, the company has open charges of ₹850 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sintexplastics.com.
- EmailLocked
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- WebsiteLocked
- Social Media
- Registered AddressB – 1 Safal Profitaire 3rd Floor 100Ft Prahlad Nagar Road, Opp. Auda Garden, Ahmadabad City, Gujarat, India – 380015
- IndustryManufacturing, Plastic-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity of Vittam Bharat Limited
The main business activity of Vittam Bharat is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vittam Bharat Limited FY 2025 filings available
Vittam Bharat Limited reported revenue of ₹947.39 Cr (down 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Vittam Bharat Limited
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 1% fall in the latest year. EBITDA rose 119% 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 of Vittam Bharat Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹139.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹648.31 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vittam Bharat Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -68.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vittam Bharat are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vittam Bharat Limited
Vittam Bharat Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HSBC Securities and Capital Markets (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| V.S.Dempo Holdings Private Limited | •••• | •••• | •••• | •••• | 40 | -Goa., Goa, India |
| Vivriti Capital Limited | •••• | •••• | •••• | •••• | 360 | Chennai, Tamil Nadu, India |
| Aye Finance Limited | •••• | •••• | •••• | •••• | 10,456 | New Delhi, Delhi, India |
| SBFC Finance Limited | •••• | •••• | •••• | •••• | 4,549 | Mumbai, Maharashtra, India |
| Vittam Bharat Limited this company | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Oxyzo Financial Services Limited | •••• | •••• | •••• | •••• | 1,025 | New Delhi, Delhi, India |
| The Peerless General Finance & Investment Co Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| L&T Fincorp Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Srei Infrastructure Finance Limited Listed | •••• | •••• | •••• | •••• | 165 | Kolkata, West Bengal, India |
| Fingrow Investment Ventures Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Vittam Bharat by revenue in the BFSI industry (NBFC), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Vittam Bharat Limited
Vittam Bharat has 3 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Agarwal | Director | 06 May 2025 | 1 Years 5 Months | Current |
| Durgesh Anilkumar Agarwal Also directs: City Gold Developers (Guj.) LLP, RSN Hi Tech LLP, Himja Management Solutions LLP and 5 more | Director | 10 Apr 2025 | 1 Years 5 Months | Current |
| Anil Kumar Agarwal Also directs: City Gold Developers (Guj.) LLP, RSN Hi Tech LLP, Himja Management Solutions LLP and 5 more | Director | 10 Apr 2025 | 1 Years 5 Months | Current |
Charges & Borrowings of Vittam Bharat Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Hdfc Bank Limited | ₹25 Cr | Open |
| 13 Jun 2024 | Hdfc Bank Limited | ₹25 Cr | Open |
| 14 Dec 2017 | Others | ₹245 Cr | Open |
| 14 Dec 2017 | Others | ₹555 Cr | Open |
Total charge records: 4 View all charges
Associated Brands with Vittam Bharat Limited
Vittam Bharat operates one associated brand: Sintex Plastics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plastic water tanks are manufactured by Sintex Plastics in India. | sintexplastics.com |
Employees and EPFO Compliance at Vittam Bharat Limited
Employment history and EPFO contributions of people linked to Vittam Bharat.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Vittam Bharat Limited
Vittam Bharat has undergone 3 name changes throughout its history. The company was previously known as Neev Educare Limited, Neev Educare Private Limited, and Vittam Bharat Limited. The current legal name is Vittam Bharat Limited.
| Company Name | Status |
|---|---|
| Vittam Bharat Limited | Current |
| Neev Educare Limited | Previous |
| Neev Educare Private Limited | Previous |
CIN History of Vittam Bharat Limited
Vittam Bharat has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L64990GJ2015PLC084071, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64990GJ2015PLC084071 | Current |
| U74120GJ2015PLC084071 | Previous |
| L74120GJ2015PLC084071 | Previous |
News related to Vittam Bharat Limited
Recent Activity on Vittam Bharat Limited
Vittam Bharat Limited has 30 board changes on record since 2015: 6 appointments and 24 cessations. The latest: Usha Agarwal ceased to be Additional Director on 20 Nov 2025.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vittam Bharat Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vittam Bharat Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vittam Bharat Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vittam Bharat Limited
Vittam Bharat has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCN0075L2ZF | Gujarat | Active | 10 Jun 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vittam Bharat Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vittam Bharat Limited
Vittam Bharat is an active public limited company based in Ahmadabad City, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 04 August 2015 (11+ years old) and is registered under CIN L64990GJ2015PLC084071. Listed on BSE: 540653 and NSE: SPTL.
Vittam Bharat reported revenue of ₹947.39 Cr for FY 2021 (down 1% YoY).
Vittam Bharat has 3 current directors:
- Usha Agarwal - Director
- Durgesh Anilkumar Agarwal - Director
- Anil Kumar Agarwal - Director
Vittam Bharat reported a net loss of ₹648.31 Cr (net margin -68.4%) and EBITDA of ₹139.51 Cr (EBITDA margin 14.7%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vittam Bharat is -45% over three years. In the latest year (FY 2021) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vittam Bharat is 24AAFCN0075L2ZF, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vittam Bharat is L64990GJ2015PLC084071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vittam Bharat is listed on both BSE (code: 540653) and NSE (symbol: SPTL).
Vittam Bharat was incorporated on 04 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vittam Bharat by revenue are HSBC Securities and Capital Markets (India) Private Limited, V.S.Dempo Holdings Private Limited, Vivriti Capital Limited, Aye Finance Limited, SBFC Finance Limited and 5 more, all in the BFSI industry (NBFC).
Usha Agarwal ceased to be Additional Director on 20 Nov 2025. Usha Agarwal was appointed as Director on 06 May 2025. Anil Kumar Agarwal was appointed as Director on 10 Apr 2025. Vittam Bharat has 30 board changes on record in total.