Veras Pharmaceuticals Private Limited
About Veras Pharmaceuticals Private Limited
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Veras Pharmaceuticals Private Limited is a private limited company based in Vizianagaram, Andhra Pradesh, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 04 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24239AP1991PTC012522. Its GSTIN is 37AAACV7349G1Z2 (Andhra Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Trinadhareddy D and Ranga Rao Maturi.
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 Vizianagaram, Andhra Pradesh.
As per the financials filed for FY 2022, the company reported a revenue of ₹36.35 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Lakh (net margin 4.5%) and EBITDA of ₹3.72 Lakh (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh and satisfied charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veras Pharmaceuticals Private Limited's registered office is in Vizianagaram, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressSy No 56/11 To 14, Chelavuru, Vizianagaram, Andhra Pradesh, India – 535005
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Veras Pharmaceuticals Private 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 Veras Pharmaceuticals Private Limited
FY 2025 filings availableVeras Pharmaceuticals Private Limited reported revenue of ₹36.35 Lakh (down 24% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 24% fall in the latest year. EBITDA fell 71% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.35 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.65 Lakh | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Veras Pharmaceuticals Private Limited, buy the company report.
Board of directors of Veras Pharmaceuticals Private Limited
Veras Pharmaceuticals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Trinadhareddy D | Director | 27 Jun 1995 | 31 Years 4 Months | Current |
| Ranga Rao Maturi | Director | 27 Jun 1995 | 31 Years 4 Months | Current |
| Venkateswara Rao Vulli | Director | 04 Apr 1991 | 35 Years 6 Months | Current |
Auditor
Veras Pharmaceuticals Private Limited is audited by BALAJI ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAJI ASSOCIATES | FY 2018 | 005929S |
Shareholding
The shareholding of Veras Pharmaceuticals Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Veras Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2014 | 10543997 | Canara Bank | ₹10 Lakh | Open | |
| 29 Aug 1998 | 90121224 | Canara Bank | ₹4 Lakh | Satisfied | |
| 19 Jul 1996 | 90123866 | Canara Bank | ₹6 Lakh | Satisfied |
To see the full charge records of Veras Pharmaceuticals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Veras Pharmaceuticals Private 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 Veras Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veras Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACV7349G1Z2 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veras Pharmaceuticals Private Limited, buy the company report.
Recent activity
Veras Pharmaceuticals Private Limited has 5 board changes on record since 1991: 3 appointments and 2 cessations. The latest: Radha Devi Vulli ceased to be Director on 01 Feb 2023.
1 earlier event is in the company report.
Frequently asked questions
Veras Pharmaceuticals is an active private limited company based in Vizianagaram, Andhra Pradesh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 04 April 1991 (35+ years old) and is registered under CIN U24239AP1991PTC012522.
Veras Pharmaceuticals has 3 current directors:
- Trinadhareddy D - Director
- Ranga Rao Maturi - Director
- Venkateswara Rao Vulli - Director
The latest financial statements of Veras Pharmaceuticals 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.
The GSTIN of Veras Pharmaceuticals is 37AAACV7349G1Z2, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Veras Pharmaceuticals is U24239AP1991PTC012522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veras Pharmaceuticals was incorporated on 04 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Vijayawada.
Radha Devi Vulli ceased to be Director on 01 Feb 2023. Lakshmi Narayana Prasad Gupta Vulli ceased to be Managing Director on 12 Apr 2021. Ranga Rao Maturi was appointed as Director on 27 Jun 1995. Veras Pharmaceuticals has 5 board changes on record in total.
The registered office of Veras Pharmaceuticals is at Sy No 5611 To 14, Chelavuru, Vizianagaram, Andhra Pradesh, India – 535005.
Veras Pharmaceuticals operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
Veras Pharmaceuticals has open charges of ₹10 Lakh and satisfied charges of ₹10 Lakh as per latest MCA filings.