Vardhman Medicose Pvt. Ltd.
About Vardhman Medicose Pvt. Ltd.
Data last updated:
Vardhman Medicose Pvt. Ltd. is a private limited company based in Jaipur, Rajasthan, India. It operates in the alternative and holistic medicine segment of the healthcare sector. It was incorporated on 09 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24232RJ1996PTC011363. Its GSTIN is 08AAACV6394H1ZY (Rajasthan).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors including Shekhar Gangwal and Sunil Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Shop No. 1 & 2 S.D.M.H. Campus Jaipur S Jaipur, Rajasthan, India.
As per the financials filed for FY 2026, the company reported a revenue of ₹9.81 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹24.37 Lakh (net margin 2.5%) and EBITDA of ₹29.05 Lakh (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹58.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vardhman Medicose Pvt. Ltd.'s registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 1 & 2 S.D.M.H. Campus Jaipur S Jaipur, Rajasthan, India
- IndustryHealthcare, Alternative & Holistic Medicine
To see the full contact details of Vardhman Medicose Pvt. Ltd., 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
Business activity
The main business activity of Vardhman Medicose is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Vardhman Medicose Pvt. Ltd., buy the company report.
Financials of Vardhman Medicose Pvt. Ltd.
FY 2026 filings availableVardhman Medicose Pvt. Ltd. reported revenue of ₹9.81 Cr (down 6% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 6% fall in the latest year. EBITDA rose 599% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Vardhman Medicose Pvt. Ltd., buy the company report.
Board of directors of Vardhman Medicose Pvt. Ltd.
Vardhman Medicose has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Gangwal Also directs: Vardhman Imaging Centre Private Limited | Director | 09 Jan 1996 | 30 Years 10 Months | Current |
| Sunil Jain Also directs: VRG Medicare LLP, VRG Imaging and Research Centre Private Limited, Vardhman Reliable Laboratory Private Limited and 3 more | Director | 09 Jan 1996 | 30 Years 10 Months | Current |
| Usha Gangwal | Director | 09 Jan 1996 | 30 Years 10 Months | Current |
| Sunita Jain Also directs: VRG Medicare LLP, VRG Imaging and Research Centre Private Limited, Vardhman Reliable Laboratory Private Limited and 3 more | Director | 09 Jan 1996 | 30 Years 10 Months | Current |
| Naveen Sanghi | Director | 09 Jan 1996 | 30 Years 10 Months | Current |
| Subir Bakliwal | Director | 15 Jan 2001 | 25 Years 9 Months | Current |
Auditor
Vardhman Medicose Pvt. Ltd. is audited by MEHTA & COMPANY for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA & COMPANY | FY 2026 | 000772C |
Shareholding
The shareholding of Vardhman Medicose Pvt. Ltd. is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vardhman Medicose Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2021 | 100547582 | Hdfc Bank Limited | ₹22.4 Cr | Open | |
| 22 Dec 2021 | 100543152 | Hdfc Bank Limited | ₹24.01 Cr | Open | |
| 17 Dec 2019 | 100326057 | Hdfc Bank Limited | ₹11.97 Cr | Open | |
| 31 Mar 1997 | 90258286 | Union Bank of India | ₹6 Lakh | Open |
To see the full charge records of Vardhman Medicose Pvt. Ltd., buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Vardhman Medicose Pvt. Ltd. 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 Vardhman Medicose Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhman Medicose has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACV6394H1ZY | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vardhman Medicose Pvt. Ltd., buy the company report.
Recent activity
Vardhman Medicose Pvt. Ltd. has 6 board changes on record since 1996: 6 appointments. The latest: Subir Bakliwal was appointed as Director on 15 Jan 2001.
3 earlier events are in the company report.
Frequently asked questions
Vardhman Medicose is an active private limited company based in Jaipur, Rajasthan, India. The company works in alternative and holistic medicine, within the healthcare industry. It was incorporated on 09 January 1996 (30+ years old) and is registered under CIN U24232RJ1996PTC011363.
Vardhman Medicose has 6 current directors:
- Shekhar Gangwal - Director
- Sunil Jain - Director
- Usha Gangwal - Director
- Sunita Jain - Director
- Naveen Sanghi - Director
- Subir Bakliwal - Director
The latest financial statements of Vardhman Medicose on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vardhman Medicose is 08AAACV6394H1ZY, registered in Rajasthan.
The CIN (Corporate Identification Number) of Vardhman Medicose is U24232RJ1996PTC011363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhman Medicose was incorporated on 09 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Jaipur.
Subir Bakliwal was appointed as Director on 15 Jan 2001. Naveen Sanghi was appointed as Director on 09 Jan 1996. Shekhar Gangwal was appointed as Director on 09 Jan 1996. Vardhman Medicose has 6 board changes on record in total.
The registered office of Vardhman Medicose is at Shop No. 1 & 2 S.D.M.H. Campus Jaipur S Jaipur, Rajasthan, India.
Vardhman Medicose operates in the healthcare industry, in the alternative and holistic medicine segment.
Vardhman Medicose has open charges of ₹58.44 Cr and no satisfied charges on record as per latest MCA filings.
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