Vardhaman Laboratories Limited
About Vardhaman Laboratories Limited
Data last updated:
Vardhaman Laboratories Limited is a public limited company based in Sangli, Maharashtra, India. It operates in the diagnostic and path labs segment of the healthcare sector. It was incorporated on 24 April 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L85195PN1985PLC036017. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.12 Cr. It is led by directors including Sunil Dharamchand Shah and Sumedh Dharamchand Shah.
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 1393 Peth Bhaghigh School Road, Sangli, Maharashtra, India – 416416.
As per the financials filed for FY 2025, the company reported a revenue of ₹21,000, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹1.79 Lakh and EBITDA of -₹1.79 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 41% over five years.
As per MCA filings, the company has satisfied charges of ₹7 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Vardhaman Laboratories has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L85195PN1985PLC036017, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85195PN1985PLC036017 | Current |
| U85195PN1985PTC036017 | Previous |
| L85195MH1985PTC036017 | Previous |
Contact details
Vardhaman Laboratories Limited's registered office is in Sangli, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1393 Peth Bhaghigh School Road, Sangli, Maharashtra, India – 416416
- IndustryHealthcare, Diagnostic & Path Labs, Other Human Health Activities, Human Health Activities
To see the full contact details of Vardhaman 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
Financials of Vardhaman Laboratories Limited
FY 2025 filings availableVardhaman Laboratories Limited reported revenue of ₹21,000 (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 90% fall 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 | |||||
| Total Revenue | ₹21,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.79 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | |||||
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| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Vardhaman Laboratories Limited, buy the company report.
Board of directors of Vardhaman Laboratories Limited
Vardhaman Laboratories has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Dharamchand Shah | Director | 07 Dec 1993 | 32 Years 10 Months | Current |
| Sumedh Dharamchand Shah Also directs: Vardhaman Finance and Leasing Limited | Director | 07 Dec 1993 | 32 Years 10 Months | Current |
| Umesh Shivgonda Patil | Director | 25 Mar 2003 | 23 Years 6 Months | Current |
| Dayanand Babajirao Naik | Director | 25 Mar 2003 | 23 Years 6 Months | Current |
Peer comparison
Vardhaman Laboratories Limited is compared with the 10 companies closest to it by revenue in the Pharma industry (Formulations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KBH Resins Private Limited | ₹21,842 (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Jaysons Api Private Limited | ₹21,224 (FY 2024) | 36.0% | Kolkata, West Bengal, India | |||
| Esthers & Morris Tradecom Private Limited | ₹21,208 (FY 2023) | -98.0% | Dehradun, Uttarakhand, India | |||
| Alliant Lifesciences Private Limited | ₹21,032 (FY 2023) | -95.0% | Mumbai, Maharashtra, India | |||
| Vardhaman Laboratories Limitedthis company | ₹21,000 (FY 2025) | -₹1.79 Lakh | -90.0% | Sangli, Maharashtra, India | ||
| Yashvi Pharma Private Limited | ₹21,000 (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Cyno Pharmaceuticals Limited | ₹20,960 (FY 2024) | Bharatpur, Rajasthan, India | ||||
| Ashoka Pesticide and Chemical Industries Pvt Ltd | ₹20,890 (FY 2024) | -100.0% | Alwar, Rajasthan, India | |||
| Mykom Laboratories Private Limited | ₹20,788 (FY 2025) | Delhi, India | ||||
| VL Infratech Services Private Limited | ₹20,443 (FY 2025) | -99.0% | Guwahati, Assam, India | |||
| Glacus Healthcare Limited | ₹20,251 (FY 2020) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Vardhaman Laboratories Limited, buy the company report.
Auditor
Vardhaman Laboratories Limited is audited by Agrawal Naredi & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agrawal Naredi & Co | FY 2017 | 122480W |
Shareholding
The shareholding of Vardhaman Laboratories Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vardhaman Laboratories Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 1992 | 90083921 | Parshwanath Co-Op. Bank Ltd. | ₹7 Lakh | Satisfied |
To see the full charge records of Vardhaman Laboratories Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vardhaman Laboratories Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vardhaman Laboratories Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhaman Laboratories has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vardhaman Laboratories Limited, buy the company report.
Recent activity
Vardhaman Laboratories Limited has 7 board changes on record since 1993: 4 appointments and 3 cessations. The latest: Dharamchand Shah Bhikubhai ceased to be Director on 26 Jul 2024.
Frequently asked questions
Vardhaman Laboratories is an active public limited company based in Sangli, Maharashtra, India. The company works in diagnostic and path labs, within the healthcare industry. It was incorporated on 24 April 1985 (41+ years old) and is registered under CIN L85195PN1985PLC036017.
Vardhaman Laboratories has 4 current directors:
- Sunil Dharamchand Shah - Director
- Sumedh Dharamchand Shah - Director
- Umesh Shivgonda Patil - Director
- Dayanand Babajirao Naik - Director
The latest financial statements of Vardhaman 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.
No. Vardhaman Laboratories has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vardhaman Laboratories is L85195PN1985PLC036017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhaman Laboratories is recorded as a listed company by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
Vardhaman Laboratories was incorporated on 24 April 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Vardhaman Laboratories by revenue are KBH Resins Private Limited, Jaysons Api Private Limited, Esthers & Morris Tradecom Private Limited, Alliant Lifesciences Private Limited, Yashvi Pharma Private Limited and 5 more, all in the Pharma industry (Formulations).
Dharamchand Shah Bhikubhai ceased to be Director on 26 Jul 2024. Rajendra Vitthal Petare ceased to be Director on 30 May 2022. Sujit Dharamchand Shah ceased to be Director on 17 May 2010. Vardhaman Laboratories has 7 board changes on record in total.
The registered office of Vardhaman Laboratories is at 1393 Peth Bhaghigh School Road, Sangli, Maharashtra, India – 416416.
Vardhaman Laboratories operates in the healthcare industry, in the diagnostic and path labs segment.