MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0171391
Trophic Wellness Private Limited - trading in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹111.06 Cr
▲ 8% YoY
Net profit · FY 2025
₹22.31 Cr
Net margin 20.1%
EBITDA · FY 2025
₹31.8 Cr
EBITDA margin 28.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.05 Cr
Issued & subscribed
Satisfied charges
₹19 Cr
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
49
Provident fund records
About Trophic Wellness Private Limited
Data last updated:
Trophic Wellness Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ipca Laboratories Limited. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 12 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21009MH2010PTC206526. Its GSTIN is 27AADCT5576G3ZZ (Maharashtra). The company holds 24 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.05 Cr. It is led by directors including Milind Sarwate (Whole-Time Director) and Atul Jain.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 142 – Ab Kandivli Industrial Estate Kandivli West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.06 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹22.31 Cr (net margin 20.1%) and EBITDA of ₹31.8 Cr (EBITDA margin 28.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vefemin and Nutricharge. As per MCA filings, the company has satisfied charges of ₹19 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹65.29 Cr; the latest was in January 2023. Its 10 peer companies in the Healthcare industry (Preventive Healthcare Supplements) are compared by revenue, 5 larger and 5 smaller; the largest is Fermentis Life Sciences Private Limited with revenue of ₹120.47 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 16 overdue payments to 9 micro and small suppliers.
Trophic Wellness Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0171391). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nutricharge.in.
Company Details of Trophic Wellness Private Limited
CIN U21009MH2010PTC206526
Registration Number 206526
Incorporation Date 12 August 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ipca Laboratories Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0171391
CIN History of Trophic Wellness Private Limited
Trophic Wellness has one previous CIN (Corporate Identification Number): U24100MH2010PTC206526. The current CIN is U21009MH2010PTC206526, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21009MH2010PTC206526 | Current |
| U24100MH2010PTC206526 | Previous |
Recognitions & Rankings of Trophic Wellness
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address142 – Ab Kandivli Industrial Estate Kandivli West, Mumbai, Maharashtra, India – 400067
- IndustryTrading, Wholesale, Other Wholesale
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Associated Brands with Trophic Wellness Private Limited
Trophic Wellness operates two associated brands: Vefemin and Nutricharge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as a brand specializing in hair care products. | vefemin.in | |
| Develops innovative technologies for nutritional supplements targeting various health ailments. | nutricharge.in |
Business Activity of Trophic Wellness Private Limited
The main business activity of Trophic Wellness 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Trophic Wellness Private Limited FY 2025 filings available
Trophic Wellness Private Limited reported revenue of ₹111.06 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹111.06 Cr ▲ 8%
Net profit · FY 2025
₹22.31 Cr margin 20.1%
EBITDA · FY 2025
₹31.8 Cr margin 28.6%
Compounded Annual Growth Rate (CAGR) of Trophic Wellness Private Limited
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 5%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 9%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 8% growth in the latest year. EBITDA rose 8% 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 Trophic Wellness Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹31.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.31 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 Trophic Wellness Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.1% | •••• | •••• | •••• | •••• |
| 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 Trophic Wellness are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Trophic Wellness Private Limited
Trophic Wellness has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Jain Also directs: Ecom Fin Advisors LLP, Mudra Financial Services Ltd | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Manish Jain | Director | 26 Mar 2014 | 12 Years 6 Months | Current |
| Prakash Chandra Kothari | Director | 12 Aug 2010 | 16 Years 2 Months | Current |
| Sushil Kumar Kumra Also directs: Askmed Life Sciences Private Limited, Avik Pharmaceutical Limited | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Milind Sarwate Also directs: Estatto Realty and Wealth Solutions LLP, Vinmil Advisory LLP, CMPR Advisory LLP and 5 more | Whole-Time Director | 08 May 2025 | 1 Years 5 Months | Current |
| Praveen Kataria | Director | 21 Oct 2010 | 16 Years 0 Months | Current |
Peer Comparison of Trophic Wellness Private Limited
Trophic Wellness Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Supplements). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fermentis Life Sciences Private Limited | ₹120.47 Cr (FY 2025) | •••• | •••• | 215.0% | •••• | Delhi, India |
| Hexagon Nutrition (Exports) Private Limited | ₹120.1 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Amol Pharmaceuticals Private Limited | ₹119.9 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Jaipur, Rajasthan, India |
| Nutritionalab Private Limited | ₹118.97 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Mumbai, Maharashtra, India |
| British Life Sciences Private Limited | ₹117.8 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Trophic Wellness Private Limited this company | ₹111.06 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Nutralike Formulation Private Limited | ₹105.48 Cr (FY 2025) | •••• | •••• | 214.0% | •••• | Ahmedabad, Gujarat, India |
| Wet and Dry Personal Care Private Limited | ₹105.39 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| Neutrawell Healthcare Private Limited | ₹100.62 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Selaqui, Uttarakhand, India |
| Midvision Private Limited | ₹89.73 Cr (FY 2025) | •••• | •••• | 210.0% | •••• | Jalandhar, Punjab, India |
| Seven Turns Private Limited | ₹89.67 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Trophic Wellness by revenue in the Healthcare industry (Preventive Healthcare Supplements), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Trophic Wellness Private Limited
Open charges
None
Satisfied charges
₹19 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2017 | Yes Bank Limited | ₹19 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Trophic Wellness Private Limited
Trophic Wellness Private Limited has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹65.29 Cr; the latest was in January 2023.
Total deals
14
Secondary share transfers
11
Funding rounds
3
Disclosed funding
₹65.29 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Ipca Laboratories Limited Seller: Sansum Enterprises LLP , 3 individuals |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: Gangwal Healthcare Private Limited Seller: Gangwal Chemicals Pvt Ltd |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Fashion Suitings Private Limited , Ipca Laboratories Limited , Paschim Chemicals Private Limited Seller: Saraswati Entertainment Private Limited , an individual |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: Gangwal Chemicals Pvt Ltd Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Ipca Laboratories Limited Seller: Brand Capital |
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Full deal history
All 14 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
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- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Trophic Wellness Private Limited
Trophic Wellness Private Limited has 3 court cases on record: 3 filed by Trophic Wellness. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Total cases
3
Filed by the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed by the company against Cressida Lifesciences Private Limited | Pending |
| Bombay High Court | Court case (COMMP) | Filed by the company against Cressida Lifesciences Private Limited | Pending |
| Bombay High Court | Writ petition | Filed by the company against Commissioner of State Taxes (GST) | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Trophic Wellness Private Limited
Trophic Wellness Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 16 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Thinkinno Technologies Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Rajputana Roadlines | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Oorja Technical Services Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Trophic Wellness Private Limited
Employment history and EPFO contributions of people linked to Trophic Wellness.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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Recent Activity on Trophic Wellness Private Limited
Trophic Wellness Private Limited has 15 board changes on record since 2010: 6 appointments and 9 cessations. The latest: Milind Sarwate ceased to be Additional Director on 15 Sep 2025.
AGM
Trophic Wellness Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Ceased
Milind Sarwate ceased to be Additional Director.
Appointed
Milind Sarwate was appointed as Whole-Time Director.
Filing
Trophic Wellness Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Atul Jain ceased to be Additional Director.
Ceased
Sushil Kumar Kumra ceased to be Additional Director.
Appointed
Atul Jain was appointed as Director.
Appointed
Sushil Kumar Kumra was appointed as Director.
Ceased
Rajesh Rishikesh Yadav ceased to be Director.
Ceased
Arvind Sakhi ceased to be Whole-Time Director.
Charges
A charge registered on 25 Apr 2017 via Charge ID 100100371 with Yes Bank Limited was fully satisfied on 08 Nov 2019.
Charges
A charge with Yes Bank Limited amounted to Rs. 19.00 Cr with Charge ID 100100371 was registered on 25 Apr 2017.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Trophic Wellness Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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Subsidiaries & Group Companies of Trophic Wellness Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Trophic Wellness Private Limited
Trophic Wellness has 24 GST registrations: 6 active and 18 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
24
Active
6
Cancelled / inactive
18
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT5576G3ZZ | Maharashtra | Active | 13 Jul 2017 |
| 27AADCT5576G4ZY | Maharashtra | Active | 22 Aug 2017 |
| 06AADCT5576G1Z5 | Haryana | Active | 01 Jul 2017 |
| 11AADCT5576G1ZE | Sikkim | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Trophic Wellness Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Trophic Wellness Private Limited
Trophic Wellness is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 12 August 2010 (16+ years old) and is registered under CIN U21009MH2010PTC206526.
Trophic Wellness reported revenue of ₹111.06 Cr for FY 2025 (up 8% YoY).
Trophic Wellness has 6 current directors:
- Milind Sarwate - Whole-Time Director
- Atul Jain - Director
- Manish Jain - Director
- Prakash Chandra Kothari - Director
- Sushil Kumar Kumra - Director
- Praveen Kataria - Director
Trophic Wellness reported a net profit of ₹22.31 Cr (net margin 20.1%) and EBITDA of ₹31.8 Cr (EBITDA margin 28.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trophic Wellness is 5% over three years and 5% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trophic Wellness is 27AADCT5576G3ZZ, registered in Maharashtra. The company has 24 GST registrations in all, of which 6 are active and 18 are cancelled or inactive. Other active GSTINs include 27AADCT5576G4ZY (Maharashtra), 06AADCT5576G1Z5 (Haryana), 11AADCT5576G1ZE (Sikkim).
The CIN (Corporate Identification Number) of Trophic Wellness is U21009MH2010PTC206526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trophic Wellness has 3 court cases on record: 3 filed by the company. 2 are pending.
Trophic Wellness was incorporated on 12 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Trophic Wellness has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹65.29 Cr; the latest was in January 2023.
The peers of Trophic Wellness by revenue are Fermentis Life Sciences Private Limited, Hexagon Nutrition (Exports) Private Limited, Amol Pharmaceuticals Private Limited, Nutritionalab Private Limited, British Life Sciences Private Limited and 5 more, all in the Healthcare industry (Preventive Healthcare Supplements).
Milind Sarwate ceased to be Additional Director on 15 Sep 2025. Milind Sarwate was appointed as Whole-Time Director on 08 May 2025. Atul Jain ceased to be Additional Director on 24 Aug 2022. Trophic Wellness has 15 board changes on record in total.