
About Valiant Laboratories Limited
Data last updated:
Valiant Laboratories Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 16 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24299MH2021PLC365904. Its GSTIN is 27AAICV2239F1ZA (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 543998 and NSE: VALIANTLAB.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹54.31 Cr. It is led by directors including Santosh Shantilal Vora (Managing Director) and Paresh Shashikant Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 104 Udyog Kshetra Mulundgoregoanlinkroad Mulund West, Mumbai, Maharashtra, India – 400080.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹237.47 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net loss of ₹3.27 Cr (net margin -1.4%) and EBITDA of ₹6.39 Cr (EBITDA margin 2.7%).
The company has about 77 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Valiant Laboratories. As per MCA filings, the company has open charges of ₹60.86 Cr and satisfied charges of ₹52 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 11 deals on record (9 market trades, 1 rights issue, 1 ipo); the latest was in December 2025. 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, 4 larger and 5 smaller; the largest is R.L.Fine Chem Private Limited with revenue of ₹360.48 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 16 overdue payments to 7 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 valiantlabs.in.
Company details
CIN history
Valiant Laboratories has one previous CIN (Corporate Identification Number): U24299MH2021PLC365904. The current CIN is L24299MH2021PLC365904, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24299MH2021PLC365904 | Current |
| U24299MH2021PLC365904 | Previous |
Contact details
Valiant Laboratories Limited's registered office is in Mumbai, Maharashtra. Its website is valiantlabs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address104 Udyog Kshetra Mulundgoregoanlinkroad Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryPharma, API Manufacturers
To see the full contact details of Valiant Laboratories 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
Valiant Laboratories operates one associated brand: Valiant Laboratories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Valiant Laboratories is engaged in manufacturing active pharmaceutical ingredients. | valiantlabs.in |
Business activity
The main business activity of Valiant Laboratories 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 Valiant Laboratories Limited, buy the company report.
Financials of Valiant Laboratories Limited
FY 2025-26 filings availableValiant Laboratories Limited reported revenue of ₹237.47 Cr (up 78% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 237 | 133 | 182 | 334 |
| Revenue growth | +78.0% | -26.7% | -45.5% | - |
| EBITDA | 6.39 | (4.69) | (8.40) | 35.10 |
| EBITDA margin | +2.7% | -3.5% | -4.6% | +10.5% |
| Profit before tax | 0.77 | (1.53) | (0.77) | 38.15 |
| Net profit | (3.27) | (3.38) | (2.88) | 29.01 |
| Net profit margin | -1.4% | -2.5% | -1.6% | +8.7% |
| EPS (₹) | (0.51) | (0.51) | 0.07 | 8.91 |
| Balance sheet | ||||
| Total assets | - | 357 | 315 | 162 |
| Net worth | - | 234 | 237 | 100 |
| Total debt | - | 122 | 76.71 | 60.22 |
| Cash & bank | - | 75.99 | 106 | 1.34 |
| Net working capital | - | 150 | 160 | 66.01 |
| Cash flow | ||||
| Cash from operations | - | 1.31 | 1.89 | 56.05 |
| Cash from investing | - | (52.77) | (144) | (55.17) |
| Cash from financing | - | 44.65 | 152 | (0.93) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 115 | 91.98 | 52.46 | 46.20 | 46.82 | 57.79 | 35.23 | 21.48 |
| Revenue growth (YoY) | +146.2% | +59.2% | +48.9% | +115.1% | +148.0% | - | - | - |
| Other income | 0.86 | 0.17 | 0.63 | 0.87 | 0.66 | (2.31) | 1.58 | 3.36 |
| EBITDA | 29.26 | 4.81 | (0.89) | 0.08 | 2.40 | 3.83 | 0.62 | (6.74) |
| EBITDA margin | +25.4% | +5.2% | -1.7% | +0.2% | +5.1% | +6.6% | +1.8% | -31.4% |
| Depreciation | 2.86 | 2.93 | 2.05 | 0.53 | 0.53 | 0.52 | 0.52 | 0.52 |
| Interest | 1.07 | 1.01 | 0.68 | 0.14 | 0.07 | 0.05 | 0.06 | 0.01 |
| Profit before tax | 26.19 | 1.04 | (2.99) | 0.28 | 2.46 | 0.95 | 1.62 | (3.91) |
| Tax | 5.09 | (0.71) | 4.07 | 0.07 | 0.63 | 0.24 | (0.72) | 0.83 |
| Net profit | 21.10 | 1.75 | (7.06) | 0.21 | 1.83 | 0.71 | 2.34 | (4.74) |
| EPS (₹) | 3.89 | 0.35 | (1.30) | 0.04 | 0.42 | 0.16 | 0.54 | (1.09) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 217 | 133 | 182 | 334 | 292 | 182 |
| Revenue growth | +62.8% | -26.8% | -45.5% | +14.5% | +59.9% | - |
| EBITDA | 7.17 | (4.68) | (8.40) | 35.09 | 42.31 | 50.00 |
| EBITDA margin | +3.3% | -3.5% | -4.6% | +10.5% | +14.5% | +27.4% |
| Profit before tax | 7.54 | (1.45) | (0.75) | 38.14 | 41.70 | 47.02 |
| Net profit | 5.54 | (3.31) | (2.86) | 29.00 | 27.46 | 30.59 |
| Net profit margin | +2.6% | -2.5% | -1.6% | +8.7% | +9.4% | +16.8% |
| EPS (₹) | 1.10 | (0.49) | 0.08 | 8.91 | 16.89 | 29.14 |
| Balance sheet | ||||||
| Total assets | - | 295 | 298 | 162 | 134 | 90.15 |
| Net worth | - | 234 | 237 | 100 | 71.46 | 88.58 |
| Total debt | - | 59.88 | 60.06 | 60.22 | 61.13 | 0.60 |
| Cash & bank | - | 27.34 | 96.72 | 0.46 | 20.13 | 18.94 |
| Net working capital | - | 98.51 | 146 | 97.60 | 108 | 70.27 |
| Cash flow | ||||||
| Cash from operations | - | (21.90) | 48.78 | 22.96 | 2.25 | 9.11 |
| Cash from investing | - | 24.97 | (183) | (21.18) | (12.24) | (16.67) |
| Cash from financing | - | (0.50) | 136 | (1.53) | 6.18 | 11.43 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 73.42 | 65.30 | 54.74 | 45.99 | 51.01 | 57.77 | 35.23 | 21.48 |
| Revenue growth (YoY) | +43.9% | +13.0% | +55.4% | +114.1% | +170.2% | - | - | - |
| Other income | 0.85 | 0.77 | 0.61 | 0.85 | 0.67 | 0.65 | 0.67 | 1.93 |
| Total expenses | 60.92 | 60.80 | 54.49 | 45.93 | 48.65 | 53.94 | 34.60 | 28.22 |
| EBITDA | 12.50 | 4.50 | 0.25 | 0.06 | 2.36 | 3.83 | 0.63 | (6.74) |
| EBITDA margin | +17.0% | +6.9% | +0.5% | +0.1% | +4.6% | +6.6% | +1.8% | -31.4% |
| Depreciation | 0.55 | 0.52 | 0.72 | 0.51 | 0.51 | 0.51 | 0.51 | 0.51 |
| Interest | 0.08 | 0.02 | 0.03 | 0.14 | 0.07 | 0.05 | 0.06 | 0.01 |
| Profit before tax | 12.72 | 4.73 | 0.11 | 0.26 | 2.45 | 3.92 | 0.73 | (5.33) |
| Tax | 3.25 | 1.20 | 0.08 | 0.09 | 0.63 | 0.69 | (0.88) | 0.66 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 115 | 91.98 | 52.46 | 46.20 | 46.82 | 57.79 | 35.23 | 21.48 |
| Revenue growth (YoY) | +146.2% | +59.2% | +48.9% | +115.1% | +148.0% | - | - | - |
| Other income | 0.86 | 0.17 | 0.63 | 0.87 | 0.66 | (2.31) | 1.58 | 3.36 |
| EBITDA | 29.26 | 4.81 | (0.89) | 0.08 | 2.40 | 3.83 | 0.62 | (6.74) |
| EBITDA margin | +25.4% | +5.2% | -1.7% | +0.2% | +5.1% | +6.6% | +1.8% | -31.4% |
| Depreciation | 2.86 | 2.93 | 2.05 | 0.53 | 0.53 | 0.52 | 0.52 | 0.52 |
| Interest | 1.07 | 1.01 | 0.68 | 0.14 | 0.07 | 0.05 | 0.06 | 0.01 |
| Profit before tax | 26.19 | 1.04 | (2.99) | 0.28 | 2.46 | 0.95 | 1.62 | (3.91) |
| Tax | 5.09 | (0.71) | 4.07 | 0.07 | 0.63 | 0.24 | (0.72) | 0.83 |
| Net profit | 21.10 | 1.75 | (7.06) | 0.21 | 1.83 | 0.71 | 2.34 | (4.74) |
| EPS (₹) | 3.89 | 0.35 | (1.30) | 0.04 | 0.42 | 0.16 | 0.54 | (1.09) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 237 | 133 | 182 | 334 |
| Revenue growth | +78.0% | -26.7% | -45.5% | - |
| Other income | 2.32 | 5.43 | 9.68 | 4.86 |
| Total expenses | 231 | 138 | 190 | 299 |
| Employee cost | 0.00 | 4.39 | 4.31 | 4.61 |
| EBITDA | 6.39 | (4.69) | (8.40) | 35.10 |
| EBITDA margin | +2.7% | -3.5% | -4.6% | +10.5% |
| Depreciation | 6.04 | 2.09 | 1.97 | 1.56 |
| Interest | 1.90 | 0.18 | 0.08 | 0.25 |
| Profit before tax | 0.77 | (1.53) | (0.77) | 38.15 |
| Tax | 4.04 | 0.69 | (1.09) | 9.14 |
| Net profit | (3.27) | (3.38) | (2.88) | 29.01 |
| Net profit margin | -1.4% | -2.5% | -1.6% | +8.7% |
| EPS (₹) | (0.51) | (0.51) | 0.07 | 8.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | - | 43.45 | 43.45 | 32.56 |
| Reserves & surplus | - | 191 | 193 | 67.93 |
| Shareholders' funds (net worth) | - | 234 | 237 | 100 |
| Minority interest | - | 0.00 | 0.00 | 0.00 |
| Secured loans | - | 61.80 | 16.65 | 0.00 |
| Unsecured loans | - | 59.88 | 60.06 | 60.22 |
| Total debt | - | 122 | 76.71 | 60.22 |
| Total liabilities | - | 357 | 315 | 162 |
| Assets | ||||
| Gross block | - | 70.67 | 70.21 | 66.31 |
| Net block | - | 48.44 | 50.05 | 48.12 |
| Capital work in progress | - | 156 | 42.65 | 0.68 |
| Investments | - | 0.00 | 37.61 | 34.02 |
| Inventories | - | 3.99 | 10.02 | 13.04 |
| Sundry debtors | - | 72.12 | 45.73 | 88.57 |
| Cash & bank balances | - | 75.99 | 106 | 1.34 |
| Loans & advances | - | 40.52 | 25.98 | 13.61 |
| Total current assets | - | 193 | 188 | 117 |
| Total current liabilities | - | 42.53 | 27.46 | 50.55 |
| Net working capital | - | 150 | 160 | 66.01 |
| Total assets | - | 357 | 315 | 162 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | - | 11.72 | 1.26 | 1.31 |
| Net cash from operating activities | - | 1.31 | 1.89 | 56.05 |
| Net cash from investing activities | - | (52.77) | (144) | (55.17) |
| Net cash from financing activities | - | 44.65 | 152 | (0.93) |
| Net change in cash | - | (6.80) | 10.46 | (0.05) |
| Closing cash | - | 75.99 | 106 | 1.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +78.0% | -26.7% | -45.5% | - |
| EBITDA growth | +236.3% | +44.2% | -123.9% | - |
| PBT growth | +9998.0% | -98.7% | - | +9997.0% |
| Net income growth | +3.3% | -17.4% | -109.9% | - |
| Revenue CAGR (3Y) | -10.7% | - | - | - |
| EBITDA CAGR (3Y) | -43.3% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | -1.4% | -1.7% | +0.2% | +8.7% |
| Return on capital employed | - | -1.0% | -1.6% | +23.7% |
| Return on net worth | - | -1.4% | -1.7% | +28.9% |
| Debt / equity | - | 0.42 | 0.41 | 0.60 |
| Long-term debt / equity | - | 0.38 | 0.40 | 0.60 |
| Interest cover | 542.86 | -2.65 | -0.77 | 0.75 |
| Efficiency & per share | ||||
| Fixed asset turnover | - | 1.89 | 2.67 | 5.04 |
| Inventory turnover | - | 19.04 | 15.79 | 25.61 |
| Debtors turnover | - | 2.26 | 2.71 | 3.77 |
| EPS (₹) | (0.51) | (0.51) | 0.07 | 8.91 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 53.93 | 54.51 | 30.86 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 73.42 | 65.30 | 54.74 | 45.99 | 51.01 | 57.77 | 35.23 | 21.48 |
| Revenue growth (YoY) | +43.9% | +13.0% | +55.4% | +114.1% | +170.2% | - | - | - |
| Other income | 0.85 | 0.77 | 0.61 | 0.85 | 0.67 | 0.65 | 0.67 | 1.93 |
| Total expenses | 60.92 | 60.80 | 54.49 | 45.93 | 48.65 | 53.94 | 34.60 | 28.22 |
| EBITDA | 12.50 | 4.50 | 0.25 | 0.06 | 2.36 | 3.83 | 0.63 | (6.74) |
| EBITDA margin | +17.0% | +6.9% | +0.5% | +0.1% | +4.6% | +6.6% | +1.8% | -31.4% |
| Depreciation | 0.55 | 0.52 | 0.72 | 0.51 | 0.51 | 0.51 | 0.51 | 0.51 |
| Interest | 0.08 | 0.02 | 0.03 | 0.14 | 0.07 | 0.05 | 0.06 | 0.01 |
| Profit before tax | 12.72 | 4.73 | 0.11 | 0.26 | 2.45 | 3.92 | 0.73 | (5.33) |
| Tax | 3.25 | 1.20 | 0.08 | 0.09 | 0.63 | 0.69 | (0.88) | 0.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 217 | 133 | 182 | 334 | 292 | 182 |
| Revenue growth | +62.8% | -26.8% | -45.5% | +14.5% | +59.9% | - |
| Other income | 2.89 | 5.43 | 9.68 | 4.86 | 1.95 | 1.41 |
| Total expenses | 210 | 138 | 190 | 299 | 249 | 132 |
| Employee cost | 0.00 | 4.39 | 4.31 | 4.61 | 3.06 | 2.71 |
| EBITDA | 7.17 | (4.68) | (8.40) | 35.09 | 42.31 | 50.00 |
| EBITDA margin | +3.3% | -3.5% | -4.6% | +10.5% | +14.5% | +27.4% |
| Depreciation | 2.26 | 2.02 | 1.95 | 1.56 | 2.49 | 2.61 |
| Interest | 0.26 | 0.18 | 0.08 | 0.25 | 0.07 | 1.78 |
| Profit before tax | 7.54 | (1.45) | (0.75) | 38.14 | 41.70 | 47.02 |
| Tax | 2.00 | 0.71 | (1.09) | 9.14 | 14.21 | 16.43 |
| Net profit | 5.54 | (3.31) | (2.86) | 29.00 | 27.46 | 30.59 |
| Net profit margin | +2.6% | -2.5% | -1.6% | +8.7% | +9.4% | +16.8% |
| EPS (₹) | 1.10 | (0.49) | 0.08 | 8.91 | 16.89 | 29.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | - | 43.45 | 43.45 | 32.56 | 16.28 | 10.50 |
| Reserves & surplus | - | 191 | 193 | 67.93 | 55.18 | 78.08 |
| Shareholders' funds (net worth) | - | 234 | 237 | 100 | 71.46 | 88.58 |
| Secured loans | - | 59.40 | 59.40 | 59.40 | 1.28 | 0.35 |
| Unsecured loans | - | 0.48 | 0.66 | 0.82 | 59.85 | 0.25 |
| Total debt | - | 59.88 | 60.06 | 60.22 | 61.13 | 0.60 |
| Total liabilities | - | 295 | 298 | 162 | 134 | 90.15 |
| Assets | ||||||
| Gross block | - | 42.77 | 42.35 | 38.76 | 29.75 | 25.12 |
| Net block | - | 30.02 | 31.61 | 29.97 | 22.22 | 19.79 |
| Capital work in progress | - | 0.17 | 0.22 | 0.05 | 1.45 | 0.00 |
| Investments | - | 165 | 119 | 34.03 | 0.40 | 0.00 |
| Inventories | - | 3.96 | 10.02 | 13.04 | 15.80 | 6.07 |
| Sundry debtors | - | 72.10 | 45.72 | 88.57 | 111 | 42.51 |
| Cash & bank balances | - | 27.34 | 96.72 | 0.46 | 20.13 | 18.94 |
| Loans & advances | - | 15.83 | 19.20 | 45.88 | 9.69 | 18.37 |
| Total current assets | - | 119 | 172 | 148 | 156 | 85.89 |
| Total current liabilities | - | 20.72 | 26.14 | 50.35 | 47.97 | 15.62 |
| Net working capital | - | 98.51 | 146 | 97.60 | 108 | 70.27 |
| Total assets | - | 295 | 298 | 162 | 134 | 90.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | - | 2.23 | 0.38 | 0.13 | 3.94 | 0.07 |
| Net cash from operating activities | - | (21.90) | 48.78 | 22.96 | 2.25 | 9.11 |
| Net cash from investing activities | - | 24.97 | (183) | (21.18) | (12.24) | (16.67) |
| Net cash from financing activities | - | (0.50) | 136 | (1.53) | 6.18 | 11.43 |
| Net change in cash | - | 2.57 | 1.85 | 0.24 | (3.81) | 3.87 |
| Closing cash | - | 27.34 | 96.72 | 0.46 | 20.13 | 18.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +62.8% | -26.8% | -45.5% | +14.5% | +59.9% | - |
| EBITDA growth | +253.2% | +44.3% | -123.9% | -17.1% | -15.4% | - |
| PBT growth | +9998.0% | -93.3% | - | -8.5% | -11.3% | +9997.0% |
| Net income growth | +267.4% | -15.7% | -109.9% | +5.6% | -10.2% | - |
| Revenue CAGR (3Y) | -13.4% | -23.0% | -0.1% | - | - | - |
| EBITDA CAGR (3Y) | -41.1% | - | - | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +2.6% | -1.6% | +0.2% | +8.7% | +9.4% | +16.8% |
| Return on capital employed | - | -1.1% | -1.7% | +26.0% | +37.4% | +54.1% |
| Return on net worth | - | -1.4% | -1.7% | +33.7% | +34.4% | +34.5% |
| Debt / equity | - | 0.25 | 0.36 | 0.71 | 0.39 | 0.01 |
| Long-term debt / equity | - | 0.25 | 0.36 | 0.70 | 0.37 | 0.00 |
| Interest cover | 5.30 | -2.69 | -0.77 | 0.75 | 0.18 | 3.76 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 3.13 | 4.49 | 9.75 | 10.63 | 7.26 |
| Inventory turnover | - | 19.08 | 15.79 | 23.16 | 26.66 | 30.04 |
| Debtors turnover | - | 2.26 | 2.71 | 3.35 | 3.80 | 4.29 |
| EPS (₹) | 1.10 | (0.49) | 0.08 | 8.91 | 16.89 | 29.14 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 53.94 | 54.52 | 30.86 | 43.89 | 84.36 |
To see the full year-wise statements and ratios of Valiant Laboratories Limited, buy the company report.
Board of directors of Valiant Laboratories Limited
Valiant Laboratories has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Shantilal Vora | Managing Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Shantilal Shivji Vora | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Paresh Shashikant Shah | Whole-Time Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Sonal Amit Vira | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
| Sandeep Gupta Also directs: Alchemie Finechem Private Limited | Director | 23 Feb 2023 | 3 Years 8 Months | Current |
| Ashok Lakhamshi Chheda Also directs: Stature Realtor Private Limited | Director | 12 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Valiant Laboratories 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 |
|---|---|---|---|---|---|---|
| R.L.Fine Chem Private Limited | ₹360.48 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Vital Laboratories Private Limited | ₹357.13 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Haleos Labs Limited | ₹349.58 Cr (FY 2025) | 13.0% | Hyderabad, Telangana, India | |||
| SCL Lifesciences Limited | ₹340.47 Cr (FY 2025) | -4.0% | Punjab, India | |||
| Mehta Api Private Limited | ₹325.77 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Synergene Active Ingredients Private Limited | ₹319.93 Cr (FY 2024) | 37.0% | Hyderabad, Telangana, India | |||
| Mangalam Drugs and Organics Limited | ₹318.73 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Saraca Laboratories Limited | ₹310.45 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Megafine Pharma Private Limited | ₹310.01 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Valiant Laboratories Limitedthis company | ₹237.47 Cr (FY 2026) | -₹3.27 Cr | -1.4% | 78.0% | 77 | Mumbai, Maharashtra, India |
To see the full peer comparison of Valiant Laboratories Limited, buy the company report.
Auditor
Valiant Laboratories Limited is audited by Raman S Shah & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raman S Shah & Co | FY 2023 | 111919W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 74.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 74.90% | 74.90% | 74.90% | 74.90% |
| Public | 25.10% | 25.10% | 25.10% | 25.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2025 | 101111471 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open | |
| 08 Jun 2024 | 100937463 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.86 Cr | Open | |
| 28 Feb 2024 | 100874834 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open | |
| 23 Sep 2022 | 100617061 | Others | ₹52 Cr | Open | |
| 14 Oct 2022 | 100622621 | Others | ₹52 Cr | Satisfied |
To see the full charge records of Valiant Laboratories Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Valiant Laboratories Limited has 11 deals on record (9 market trades, 1 rights issue, 1 ipo); the latest was in December 2025.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Market trade | ₹2.83 Cr | Buyer: an individual Seller: Marwadi Chandarana Intermediaries Brokers Private Limited |
| Jan 2025 | Market trade | ₹5.82 Cr | Buyer: Money Logix Securities Private Limited Seller: Jainam Broking Limited |
| Jun 2024 | Market trade | ₹5.17 Cr | Buyer: Jainam Broking Limited , an individual Seller: Jainam Broking Limited |
| Jan 2024 | Market trade | ₹4.34 Cr | Buyer: Anant Wealth Consultants Private Limited Seller: Anant Wealth Consultants Private Limited |
| Oct 2023 | Market trade | ₹19.45 Cr | Buyer: 2 individuals Seller: Alpha Alternatives Msar LLP , Alpha Alternatives Financial Services Private Limited |
To see the full deal history of Valiant Laboratories 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
Valiant Laboratories Limited has 1 court case on record: 1 filed by Valiant Laboratories. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against an individual | Pending |
To see the full case history of Valiant Laboratories 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
Valiant Laboratories Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 16 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hesaone LLP | |||
| MRJ Apparels | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Valiant Laboratories Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Valiant Laboratories has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Valiant Advanced Sciences Private Limited | U24290MH2022PTC386388 |
To see the full group structure of Valiant Laboratories Limited, buy the company report.
Employees & EPFO
Valiant Laboratories Limited has a workforce of 77 employees on its EPFO records as of Apr 08, 2025, across 1 active EPFO establishment.
GST
Valiant Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICV2239F1ZA | Maharashtra | Active | 16 Aug 2021 |
To see the full GST registrations and return filing status of Valiant Laboratories Limited, buy the company report.
Recent activity
Valiant Laboratories Limited has 9 board changes on record since 2021: 8 appointments and 1 cessation. The latest: Ashok Lakhamshi Chheda was appointed as Director on 12 Nov 2024.
8 earlier events are in the company report.
News
Frequently asked questions
Valiant Laboratories is an active public limited company based in Mumbai, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 16 August 2021 (5+ years old) and is registered under CIN L24299MH2021PLC365904. Listed on BSE: 543998 and NSE: VALIANTLAB.
Valiant Laboratories reported revenue of ₹237.47 Cr for FY 2025-26 (up 78% YoY) based on consolidated financials.
Valiant Laboratories has 7 current directors:
- Santosh Shantilal Vora - Managing Director
- Paresh Shashikant Shah - Whole-Time Director
- Shantilal Shivji Vora - Director
- Sonal Amit Vira - Director
- Sandeep Gupta - Director
- Ashok Lakhamshi Chheda - Director
- Mulesh Manilal Savla - Director
The latest financial statements of Valiant Laboratories on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Valiant Laboratories is 27AAICV2239F1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Valiant Laboratories is L24299MH2021PLC365904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Valiant Laboratories is a listed company as per MCA records. Its shares are listed on both BSE (code: 543998) and NSE (symbol: VALIANTLAB).
Valiant Laboratories has 1 court case on record: 1 filed by the company. 1 is pending.
Valiant Laboratories was incorporated on 16 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Valiant Laboratories has 11 deals on record (9 market trades, 1 rights issue, 1 ipo); the latest was in December 2025.
The peers of Valiant Laboratories by revenue are R.L.Fine Chem Private Limited, Vital Laboratories Private Limited, Haleos Labs Limited, SCL Lifesciences Limited, Mehta Api 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).
Ashok Lakhamshi Chheda was appointed as Director on 12 Nov 2024. Velji Karamshi Gogri ceased to be Director on 12 Nov 2024. Mulesh Manilal Savla was appointed as Director on 14 May 2024. Valiant Laboratories has 9 board changes on record in total.

