MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0069754
V S International Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹96.26 Cr
▲ 65% YoY
Net profit · FY 2024
₹2.76 Cr
Net margin 2.9%
EBITDA · FY 2024
₹10.97 Cr
EBITDA margin 11.4%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.17 Cr
Issued & subscribed
Open charges
₹72.98 Cr
Satisfied ₹3.62 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
283
Provident fund records
About V S International Private Limited
Data last updated:
V S International Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 25 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH1997PTC109647. Its GSTIN is 27AAACV7292C1Z9 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors including Vidyut Dilip Shah (Managing Director) and Susie Vidyut Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 204 Neelam Centre Hind Cycle Road Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2024, the company reported a revenue of ₹96.26 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹2.76 Cr (net margin 2.9%) and EBITDA of ₹10.97 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
The company has about 283 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VS International. As per MCA filings, the company has open charges of ₹72.98 Cr and satisfied charges of ₹3.62 Cr on record. Court records list 66 cases involving the company, including 2 filed by the company and 64 filed against it; 1 case is pending.
V S International Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0069754). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsinternational.co.in.
Company details
CIN U85100MH1997PTC109647
Registration Number 109647
Incorporation Date 25 July 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0069754
Key People
Vidyut Dilip Shah Managing Director Susie Vidyut Shah Whole-Time Director Radhika Vidyut Shah Whole-Time Director Recognitions & Rankings of V S International
Contact details
V S International Private Limited's registered office is in Mumbai, Maharashtra. Its website is vsinternational.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 204 Neelam Centre Hind Cycle Road Worli, Mumbai, Maharashtra, India – 400030
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of V S International Private Limited, buy the company report.
Comprehensive company report
V S International 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
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Brands
V S International operates one associated brand: VS International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical products, healthcare items, and medical devices are manufactured. | vsinternational.co.in |
Business activity
The main business activity of V S International 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 V S International Private Limited, buy the company report.
Financials of V S International Private Limited
FY 2024 filings availableV S International Private Limited reported revenue of ₹96.26 Cr (up 65% YoY) for FY 2024.
Revenue · FY 2024
₹96.26 Cr ▲ 65%
Net profit · FY 2024
₹2.76 Cr margin 2.9%
EBITDA · FY 2024
₹10.97 Cr margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 22%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 101%
3 years · compounded
▲ 23%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 65% growth in the latest year. EBITDA rose 101% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹10.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.76 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of V S International Private Limited, buy the company report.
Board of directors of V S International Private Limited
V S International has 5 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 |
|---|---|---|---|---|
| Vidyut Dilip Shah Also directs: Pearim Pharmaceuticals Private Limited, Alvaetra Laboratories Pvt Ltd, Ray Property Developers Private Limited and 1 more | Managing Director | 25 Jul 1997 | 29 Years 3 Months | Current |
| Susie Vidyut Shah Also directs: La'ccelarate Fleet Services Private Limited | Whole-Time Director | 25 Jul 1997 | 29 Years 3 Months | Current |
| Radhika Vidyut Shah Also directs: Pearim Pharmaceuticals Private Limited, Alvaetra Laboratories Pvt Ltd, Saurabh Desai Exports Private Limited and 1 more | Whole-Time Director | 16 Jan 2019 | 7 Years 9 Months | Current |
| Aditya Vidyut Shah Also directs: Ray Property Developers Private Limited, Ikegai Education Labs LLP | Whole-Time Director | 16 Jan 2019 | 7 Years 9 Months | Current |
| Purvesh Dilip Shah Also directs: Ray Property Developers Private Limited | Whole-Time Director | 01 Nov 2001 | 25 Years 0 Months | Current |
Peer comparison
V S International Private Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Formulations, Healthcare Equipment Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Veer Chemie and Aromatics Pvt Ltd | ₹97.47 Cr (FY 2024) | 11.0% | Telangana, India | |||
| Pharma Chem Industries (Gujarat) Private Limited | ₹97.24 Cr (FY 2025) | 20.0% | Vapi, Gujarat, India | |||
| V S International Private Limitedthis company | ₹96.26 Cr (FY 2024) | ₹2.76 Cr | 2.9% | 65.0% | 283 | Mumbai, Maharashtra, India |
| XL Laboratories Private Limited | ₹96.06 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Yeluri Formulations Private Limited | ₹96.05 Cr (FY 2025) | -23.0% | Hyderabad, Telangana, India | |||
| MCW Healthcare Private Limited | ₹95.35 Cr (FY 2024) | 16.0% | Madhya Pradesh, India | |||
| Surmount Laboratories Limited | ₹95.33 Cr (FY 2024) | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of V S International Private Limited, buy the company report.
Auditor
V S International Private Limited is audited by ZADN & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ZADN & Associates | FY 2023 | 112306W |
Shareholding
The shareholding of V S International 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 V S International Private Limited, buy the company report.
Charges & borrowings
Open charges
₹72.98 Cr
Satisfied charges
₹3.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2025 | 101191764 | Bank of India | ₹28 Cr | Open | |
| 24 Dec 2024 | 101021821 | Sidbi | ₹7.5 Cr | Open | |
| 07 Dec 2023 | 100834134 | Others | ₹50 Lakh | Open | |
| 10 Nov 2023 | 100817638 | Others | ₹60 Lakh | Open | |
| 13 Feb 2023 | 100677164 | Sidbi | ₹5 Cr | Open |
To see the full charge records of V S International Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
V S International Private Limited has 66 court cases on record: 2 filed by V S International, 64 filed against it. 1 case is pending and 65 are disposed.
Total cases
66
Filed by the company
2
Filed against the company
64
Pending
1
Disposed
65
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 62 | 1 |
| High courts | 3 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (COPL) | Filed against the company by Jamp India Pharmaceuticals Private Limited | Disposed |
| High Court, UTTARPRADESH | Court case (FAFOD) | Filed against the company by Jamp India Pharmaceuticals Private Limited | Disposed |
| High Court, UTTARPRADESH | Court case (COPL) | Filed by the company against Jubilant Generics Ltd. and 3 Others and 3 others | Disposed |
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by State of Telangana PS Eow Team-Iii CCS, Hyderabad | Pending |
| District court, Daman, Diu and Daman | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of V S International 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
V S International Private Limited has 11 MSME Form 1 returns on record between 2017 and 2024, listing 251 overdue payments to 47 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 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shiva Industries | |||
| Saga Research Laboratories Private Limited | |||
| an individual supplier | |||
| Mechsmart Utility Engineers LLP | |||
| Neelraj Agencies |
To see the full MSME payment records of V S International Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
V S International Private Limited has a workforce of 283 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
283
Active EPFO establishments
1
Employee growth
4.81%
GST
V S International has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV7292C1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 26AAACV7292C1ZB | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of V S International Private Limited, buy the company report.
Recent activity
V S International Private Limited has 7 board changes on record since 1997: 5 appointments and 2 cessations. The latest: Nimesh Shashikant Shah ceased to be CFO on 15 Sep 2024.
Charges
A charge with Bank Of India amounted to Rs. 28.00 Cr with Charge ID 101191764 was registered on 07 Nov 2025.
Charges
A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 101021821 was registered on 24 Dec 2024.
AGM
V S International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Nimesh Shashikant Shah ceased to be CFO.
Filing
V S International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 05 Oct 2018 via Charge ID 100230740 with Bank Of India was fully satisfied on 16 Feb 2024.
Charges
A charge with Bank Of India of Rs. 12.69 Cr registered on 31 Oct 2014 with Charge ID 10530544 was modified on 11 Dec 2023.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100834134 was registered on 07 Dec 2023.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100817638 was registered on 10 Nov 2023.
Charges
A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 100677164 was registered on 13 Feb 2023.
Charges
A charge with Bank Of India amounted to Rs. 0.18 Cr with Charge ID 100675712 was registered on 04 Feb 2023.
Charges
A charge registered on 18 Oct 2016 via Charge ID 100107307 with Bank Of India was fully satisfied on 01 Nov 2022.
28 earlier events are in the company report.
Frequently asked questions
V S International is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 25 July 1997 (29+ years old) and is registered under CIN U85100MH1997PTC109647.
V S International has 5 current directors:
- Vidyut Dilip Shah - Managing Director
- Susie Vidyut Shah - Whole-Time Director
- Radhika Vidyut Shah - Whole-Time Director
- Aditya Vidyut Shah - Whole-Time Director
- Purvesh Dilip Shah - Whole-Time Director
The latest financial statements of V S International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of V S International is 27AAACV7292C1Z9, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 26AAACV7292C1ZB (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of V S International is U85100MH1997PTC109647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V S International has 66 court cases on record: 2 filed by the company and 64 filed against it. 1 is pending. Most are in the district courts.
V S International was incorporated on 25 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of V S International by revenue are Veer Chemie and Aromatics Pvt Ltd, Pharma Chem Industries (Gujarat) Private Limited, XL Laboratories Private Limited, Yeluri Formulations Private Limited, MCW Healthcare Private Limited and 1 more, all in the Healthcare industry (Formulations, Healthcare Equipment Retail and Distribution), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Nimesh Shashikant Shah ceased to be CFO on 15 Sep 2024. Alok Kumar Dassharma ceased to be Whole-Time Director on 01 Feb 2020. Aditya Vidyut Shah was appointed as Whole-Time Director on 16 Jan 2019. V S International has 7 board changes on record in total.
Yes, V S International is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0069754).
V S International has 11 MSME Form 1 returns on record between 2017 and 2024, listing 251 overdue payments to 47 micro and small suppliers. The latest return was filed on 30 Apr 2024.
V S International can be reached through the website vsinternational.co.in. Its registered office is in Mumbai, Maharashtra, India.
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