MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0028122
Varun Medico Lab Private Limited - pharma in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.44 Cr
▼ 3% YoY
Net loss · FY 2025
₹5.24 Cr
Net margin -363.6%
EBITDA · FY 2025
-₹5.28 Cr
EBITDA margin -366.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹33.8 Lakh
Issued & subscribed
Satisfied charges
₹1.3 Cr
No open charges
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
About Varun Medico Lab Private Limited
Data last updated:
Varun Medico Lab Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the animal pharmaceuticals and healthcare segment of the pharmaceuticals sector. It was incorporated on 16 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1996PTC099594. Its GSTIN is 27AAACV7137N1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹33.8 Lakh. It is led by directors Hemant Vasudeo Hajare and Nikhilesh Hemant Hajare.
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 R – 698 T.T.C. MIDC Rabale Navi Mumbai, Thane, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.44 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹5.24 Cr (net margin -363.6%) and EBITDA of -₹5.28 Cr (EBITDA margin -366.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
As per MCA filings, the company has satisfied charges of ₹1.3 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Varun Medico Lab Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0028122). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varunmedico.com.
Company details
CIN U24239MH1996PTC099594
Registration Number 099594
Incorporation Date 16 May 1996
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 Micro
Udyam Registration UDYAM-MH-33-0028122
Recognitions & Rankings of Varun Medico Lab
Contact details
Varun Medico Lab Private Limited's registered office is in Thane, Maharashtra. Its website is varunmedico.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressR – 698 T.T.C. MIDC Rabale Navi Mumbai, Thane, Maharashtra, India – 400701
- IndustryPharma, Animal Pharmaceuticals & Healthcare
To see the full contact details of Varun Medico Lab Private Limited, buy the company report.
Comprehensive company report
Varun Medico Lab 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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Business activity
The main business activity of Varun Medico Lab is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Varun Medico Lab Private Limited, buy the company report.
Financials of Varun Medico Lab Private Limited
FY 2024 filings availableVarun Medico Lab Private Limited reported revenue of ₹1.44 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹1.44 Cr ▼ 3%
Net loss · FY 2025
₹5.24 Cr margin -363.6%
EBITDA · FY 2025
-₹5.28 Cr margin -366.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 7%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 360%
3 years · compounded
▼ 534%
5 years · compounded
▼ 139%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 360% 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 |
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| EBITDA | -₹5.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.24 Cr | ||||
| Balance Sheet | |||||
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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 | -366.6% | ||||
| Net Profit Margin | -363.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Varun Medico Lab Private Limited, buy the company report.
Board of directors of Varun Medico Lab Private Limited
Varun Medico Lab has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Vasudeo Hajare Also directs: Perch Fisheries LLP, Excell Formulations Private Limited, Pelfizz Biotech Private Limited and 2 more | Director | 27 Mar 2002 | 24 Years 7 Months | Current |
| Nikhilesh Hemant Hajare Also directs: Corel Lifecare Private Limited, Jahaaj Healthcare Private Limited | Director | 21 Apr 2012 | 14 Years 6 Months | Current |
Auditor
Varun Medico Lab Private Limited is audited by Sanjay and Snehal for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay and Snehal | FY 2023 | 118160W |
Shareholding
The shareholding of Varun Medico Lab 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 Varun Medico Lab Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2003 | 80067909 | Others | ₹1.3 Cr | Satisfied |
To see the full charge records of Varun Medico Lab Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Varun Medico Lab Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed against the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Sankalp Chemicals Industry | Pending |
| District court, Silvassa, DNH at Silvasa | Cheque dishonour complaint | Filed against the company by Padmavati Plasto Film Industries | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Sankalp Chemical Industries | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by an individual | Disposed |
To see the full case history of Varun Medico Lab 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
Varun Medico Lab Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 16 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pelfizz Biotech Private Limited |
To see the full MSME payment records of Varun Medico Lab Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Varun Medico Lab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV7137N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varun Medico Lab Private Limited, buy the company report.
Recent activity
Varun Medico Lab Private Limited has 5 board changes on record since 2002: 2 appointments and 3 cessations. The latest: Nikhilesh Hemant Hajare ceased to be Additional Director on 29 Sep 2012.
AGM
Varun Medico Lab Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varun Medico Lab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 24 Dec 2003 via Charge ID 80067909 with Others was fully satisfied on 06 Apr 2018.
Charges
A charge with Others of Rs. 1.30 Cr registered on 24 Dec 2003 with Charge ID 80067909 was modified on 05 Jul 2014.
Ceased
Nikhilesh Hemant Hajare ceased to be Additional Director.
Ceased
Ashok Singh ceased to be Additional Director.
Appointed
Nikhilesh Hemant Hajare was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.30 Cr with Charge ID 80067909 was registered on 24 Dec 2003.
Ceased
Hemant Vasudeo Hajare ceased to be Additional Director.
Appointed
Hemant Vasudeo Hajare was appointed as Director.
Incorporation
16 May 1996
Varun Medico Lab Private Limited was registered on 16 May 1996 with Roc Mumbai & aged 30 years 5 months as per MCA records.
Frequently asked questions
Varun Medico Lab is an active private limited company based in Thane, Maharashtra, India. The company works in animal pharmaceuticals and healthcare, within the pharma industry. It was incorporated on 16 May 1996 (30+ years old) and is registered under CIN U24239MH1996PTC099594.
Varun Medico Lab has 2 current directors:
- Hemant Vasudeo Hajare - Director
- Nikhilesh Hemant Hajare - Director
The latest financial statements of Varun Medico Lab 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 Varun Medico Lab is 27AAACV7137N1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varun Medico Lab is U24239MH1996PTC099594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Medico Lab has 5 court cases on record: 5 filed against it. 1 is pending.
Varun Medico Lab was incorporated on 16 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikhilesh Hemant Hajare ceased to be Additional Director on 29 Sep 2012. Ashok Singh ceased to be Additional Director on 21 Apr 2012. Nikhilesh Hemant Hajare was appointed as Director on 21 Apr 2012. Varun Medico Lab has 5 board changes on record in total.
Yes, Varun Medico Lab is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0028122).
Varun Medico Lab has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 16 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Varun Medico Lab can be reached through the website varunmedico.com. Its registered office is in Thane, Maharashtra, India.
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