MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-17-0001786
Torino Laboratories Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.73 Cr
▲ 156% YoY
Net loss · FY 2025
₹38.7 Lakh
Net margin -1.3%
EBITDA · FY 2025
-₹18.2 Lakh
EBITDA margin -0.6%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹65 Lakh
Issued & subscribed
Open charges
₹2.45 Cr
Secured borrowings
Company age
36 yrs
Est. 1990
Employees · EPFO
14
Provident fund records
About Torino Laboratories Private Limited
Data last updated:
Torino Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vindas Chemical Industries Private Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 05 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85195MH1990PTC058027. Its GSTIN is 23AABCT1347B1Z0 (Madhya Pradesh).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹65 Lakh. It is led by directors Darshan Kataria and Vasudev Kataria.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 210 Adanji Bldg 413 Narsinatha St Masjid Bunder Rd, Mumbai, Maharashtra, India – 400008.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.73 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹38.7 Lakh (net margin -1.3%) and EBITDA of -₹18.2 Lakh (EBITDA margin -0.6%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 50% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.45 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Torino Laboratories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0001786). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vindas.in.
Company details
CIN U85195MH1990PTC058027
Registration Number 058027
Incorporation Date 05 September 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Vindas Chemical Industries Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-17-0001786
Key People
Darshan Kataria Director Vasudev Kataria Director Recognitions & Rankings of Torino Laboratories
Contact details
Torino Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its website is vindas.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address210 Adanji Bldg 413 Narsinatha St Masjid Bunder Rd, Mumbai, Maharashtra, India – 400008
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Torino Laboratories Private Limited, buy the company report.
Comprehensive company report
Torino Laboratories Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Torino Laboratories are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Torino Laboratories Private Limited, buy the company report.
Financials of Torino Laboratories Private Limited
FY 2025 filings availableTorino Laboratories Private Limited reported revenue of ₹28.73 Cr (up 156% YoY) for FY 2025.
Revenue · FY 2025
₹28.73 Cr ▲ 156%
Net loss · FY 2025
₹38.7 Lakh margin -1.3%
EBITDA · FY 2025
-₹18.2 Lakh margin -0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 156%
3 years · compounded
▲ 66%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 32%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 156% growth in the latest year. EBITDA fell 65% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | -0.6% | ||||
| Net Profit Margin | -1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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To see the full financial statements and ratios of Torino Laboratories Private Limited, buy the company report.
Board of directors of Torino Laboratories Private Limited
Torino Laboratories has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Kataria | Director | 05 Sep 1990 | 36 Years 1 Months | Current |
| Vasudev Kataria Also directs: Vindas Prime Securities Pvt Ltd | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Torino Laboratories Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Ocean Pharmacoat Private Limited | ₹29.07 Cr (FY 2024) | -37.0% | Telangana, India | |||
| Sparsha Pharma International Private Limited | ₹29.04 Cr (FY 2025) | -4.0% | Hyderabad, Telangana, India | |||
| Curehealth Pharmaceuticals Private Limited | ₹29.03 Cr (FY 2024) | 47.0% | Chandigarh, India | |||
| Torino Laboratories Private Limitedthis company | ₹28.73 Cr (FY 2025) | -₹38.7 Lakh | -1.3% | 156.0% | 14 | Mumbai, Maharashtra, India |
| Goldfish Pharma Private Limited | ₹28.71 Cr (FY 2024) | -6.0% | Hyderabad, Telangana, India | |||
| Ceego Labs Private Limited | ₹28.61 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Texas Lifesciences Private Limited | ₹28.6 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Ives Drugs ( India) Pvt.Ltd. | ₹28.6 Cr (FY 2025) | -8.0% | Indore, Madhya Pradesh, India | |||
| Zazen Pharma Private Limited | ₹28.58 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Torino Laboratories Private Limited, buy the company report.
Auditor
Torino Laboratories Private Limited is audited by K.C. Betala & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.C. Betala & Co. | FY 2022 | 016172 |
Shareholding
The shareholding of Torino Laboratories Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Torino Laboratories Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2001 | 80035744 | Dena Bank | ₹2.29 Cr | Open | |
| 26 Nov 1994 | 90243214 | State Bank of India | ₹15.6 Lakh | Open |
To see the full charge records of Torino Laboratories Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Torino Laboratories Private Limited has 2 court cases on record: 1 filed by Torino Laboratories, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0111-Labour Matters : Matters relating to Provident Fund) | Filed by the company against M/S Vindas Chemical Industries Pvt. Ltd. Through Its Director Plot No. 65, Sector 1, Pithampur ,Dhar , Madhya Pradesh and 2 others | Disposed |
| District court, Nashik, Maharashtra | Court case (R.C.C.) | Filed against the company by State THR. Mahesh Vinayakrao Deshpande, Drugs Inspector | Pending |
To see the full case history of Torino 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
Torino Laboratories Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 10 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ino-Flex Private Limited | |||
| an individual supplier | |||
| Flora Packaging Private Limited | |||
| Central Analytical Laboratories |
To see the full MSME payment records of Torino Laboratories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Torino Laboratories Private Limited has a workforce of 14 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
GST
Torino Laboratories has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCT1347B1Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Torino Laboratories Private Limited, buy the company report.
Recent activity
Torino Laboratories Private Limited has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Niranjan Katariya ceased to be Managing Director on 17 Aug 2016.
AGM
Torino Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Torino Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Niranjan Katariya ceased to be Managing Director.
Ceased
Vasudev Kataria ceased to be Additional Director.
Appointed
Vasudev Kataria was appointed as Director.
Charges
A charge with Dena Bank of Rs. 229.00 Lakh registered on 20 Feb 2001 with Charge ID 80035744 was modified on 11 Jul 2007.
Charges
A charge with Dena Bank amounted to Rs. 229.00 Lakh with Charge ID 80035744 was registered on 20 Feb 2001.
Charges
A charge with State Bank Of India of Rs. 15.60 Lakh registered on 26 Nov 1994 with Charge ID 90243214 was modified on 09 Aug 1996.
Charges
A charge with State Bank Of India amounted to Rs. 15.60 Lakh with Charge ID 90243214 was registered on 26 Nov 1994.
Appointed
Darshan Kataria was appointed as Director.
Incorporation
05 Sep 1990
Torino Laboratories Private Limited was registered on 05 Sep 1990 with Roc Mumbai & aged 36 years 1 month as per MCA records.
Frequently asked questions
Torino 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 05 September 1990 (36+ years old) and is registered under CIN U85195MH1990PTC058027.
Torino Laboratories has 2 current directors:
- Darshan Kataria - Director
- Vasudev Kataria - Director
The latest financial statements of Torino Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Torino Laboratories is 23AABCT1347B1Z0, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Torino Laboratories is U85195MH1990PTC058027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Torino Laboratories has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Torino Laboratories was incorporated on 05 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Torino Laboratories by revenue are Ocean Pharmacoat Private Limited, Sparsha Pharma International Private Limited, Curehealth Pharmaceuticals Private Limited, Goldfish Pharma Private Limited, Ceego Labs Private Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Niranjan Katariya ceased to be Managing Director on 17 Aug 2016. Vasudev Kataria ceased to be Additional Director on 30 Sep 2014. Vasudev Kataria was appointed as Director on 01 Jan 2014. Torino Laboratories has 4 board changes on record in total.
Yes, Torino Laboratories is registered as a small enterprise under Udyam registration (number: UDYAM-MP-17-0001786).
Torino Laboratories has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 10 overdue payments to 8 micro and small suppliers. The latest return was filed on 01 Jun 2019.
Torino Laboratories can be reached through the website vindas.in. Its registered office is in Mumbai, Maharashtra, India.