MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-06-0024223
Veritas Life Sciences Limited - pharma in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.05 Cr
▲ 45% YoY
Net profit · FY 2025
₹3.72 Cr
Net margin 7.4%
EBITDA · FY 2025
₹5.02 Cr
EBITDA margin 10%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹1.38 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
36
Provident fund records
About Veritas Life Sciences Limited
Data last updated:
Veritas Life Sciences Limited is a public limited company based in Delhi, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 14 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24232DL2005PLC141722. Its GSTIN is 07AAFCA5982P1ZZ (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Avis Life Sciences Limited. It is led by directors including Anil Mediratta (Managing Director) and Amit Mediratta.
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 Space No – 103 First Floor Commercial Property No – 6 Lsc Pocket – 5 S, Ector A – 10, Delhi, India – 110040.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.05 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹3.72 Cr (net margin 7.4%) and EBITDA of ₹5.02 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 19% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.38 Cr on record.
Veritas Life Sciences Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0024223). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veritaslife.com.
Company details
CIN U24232DL2005PLC141722
Registration Number 141722
Incorporation Date 14 October 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-06-0024223
CIN history
Veritas Life Sciences has one previous CIN (Corporate Identification Number): U24232DL2005PTC141722. The current CIN is U24232DL2005PLC141722, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232DL2005PLC141722 | Current |
| U24232DL2005PTC141722 | Previous |
Recognitions & Rankings of Veritas Life Sciences
Contact details
Veritas Life Sciences Limited's registered office is in Delhi, Delhi. Its website is veritaslife.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSpace No – 103 First Floor Commercial Property No – 6 Lsc Pocket – 5 S, Ector A – 10, Delhi, India – 110040
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Veritas Life Sciences Limited, buy the company report.
Comprehensive company report
Veritas Life Sciences 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 Veritas Life Sciences is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Veritas Life Sciences Limited, buy the company report.
Financials of Veritas Life Sciences Limited
FY 2025 filings availableVeritas Life Sciences Limited reported revenue of ₹50.05 Cr (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹50.05 Cr ▲ 45%
Net profit · FY 2025
₹3.72 Cr margin 7.4%
EBITDA · FY 2025
₹5.02 Cr margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 31%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 9%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 45% growth in the latest year. EBITDA rose 1% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.72 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 10% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Veritas Life Sciences Limited, buy the company report.
Board of directors of Veritas Life Sciences Limited
Veritas Life Sciences has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Mediratta Also directs: Pharmasys Private Limited, Generica India Limited | Director | 14 Oct 2005 | 21 Years 0 Months | Current |
| Anil Mediratta | Managing Director | 14 Oct 2005 | 21 Years 0 Months | Current |
| Mohit Arora | Director | 01 Dec 2016 | 9 Years 11 Months | Current |
| Kishor Kumar Jha | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
Peer comparison
Veritas Life Sciences Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uni Agencies Chemicals Private Ltd | ₹50.45 Cr (FY 2024) | -4.0% | New Delhi, Delhi, India | |||
| General Drug Private Limited | ₹50.21 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Murli Krishna Exports Private Limited | ₹50.2 Cr (FY 2025) | 58.0% | Mumbai, Maharashtra, India | |||
| Viraj Pharmaceuticals Private Limited | ₹50.17 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Hexacare Pharmaceuticals Private Limited | ₹50.05 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India | |||
| Veritas Life Sciences Limitedthis company | ₹50.05 Cr (FY 2025) | ₹3.72 Cr | 7.4% | 45.0% | 36 | Delhi, India |
| Sapna Pharmaceuticals Private Limited | ₹49.88 Cr (FY 2024) | 69.0% | Bangalore, Karnataka, India | |||
| Venus Pharmagenerics Private Limited | ₹49.76 Cr (FY 2016) | 7.0% | Solan, Himachal Pradesh, India | |||
| Lazerhead Lifesciences Private Limited | ₹49.03 Cr (FY 2024) | 3005.0% | Telangana, India | |||
| Rena Exports Private Limited | ₹49.02 Cr (FY 2024) | 38.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Veritas Life Sciences Limited, buy the company report.
Auditor
Veritas Life Sciences Limited is audited by AHMAD SHUKLA JAIN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AHMAD SHUKLA JAIN & ASSOCIATES | FY 2018 | 005583N |
Shareholding
The shareholding of Veritas Life Sciences 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 Veritas Life Sciences Limited, buy the company report.
Charges & borrowings
Open charges
₹1.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2024 | 100957368 | Indian Bank | ₹1.38 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veritas Life Sciences 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 Veritas Life Sciences Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veritas Life Sciences Limited has a workforce of 36 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
5.88%
GST
Veritas Life Sciences has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCA5982P1ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veritas Life Sciences Limited, buy the company report.
Recent activity
Veritas Life Sciences Limited has 8 board changes on record since 2005: 4 appointments and 4 cessations. The latest: Kishor Kumar Jha ceased to be Additional Director on 30 Sep 2022.
AGM
Veritas Life Sciences Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veritas Life Sciences Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Indian Bank amounted to Rs. 137.70 Lakh with Charge ID 100957368 was registered on 10 Apr 2024.
Ceased
Kishor Kumar Jha ceased to be Additional Director.
Appointed
Kishor Kumar Jha was appointed as Director.
Ceased
Aditi Mediratta ceased to be Director.
Appointed
Mohit Arora was appointed as Director.
Ceased
Mohit Arora ceased to be Director.
Ceased
Kriteeka Gangahar ceased to be Additional Director.
Appointed
Amit Mediratta was appointed as Director.
Appointed
Anil Mediratta was appointed as Managing Director.
Incorporation
14 Oct 2005
Veritas Life Sciences Limited was registered on 14 Oct 2005 with Roc Delhi & aged 21 years 19 days as per MCA records.
Frequently asked questions
Veritas Life Sciences is an active public limited company based in Delhi, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 14 October 2005 (21+ years old) and is registered under CIN U24232DL2005PLC141722.
Veritas Life Sciences has 4 current directors:
- Anil Mediratta - Managing Director
- Amit Mediratta - Director
- Mohit Arora - Director
- Kishor Kumar Jha - Director
The latest financial statements of Veritas Life Sciences 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 Veritas Life Sciences is 07AAFCA5982P1ZZ, registered in Delhi.
The CIN (Corporate Identification Number) of Veritas Life Sciences is U24232DL2005PLC141722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritas Life Sciences was incorporated on 14 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Veritas Life Sciences by revenue are Uni Agencies Chemicals Private Ltd, General Drug Private Limited, Murli Krishna Exports Private Limited, Viraj Pharmaceuticals Private Limited, Hexacare Pharmaceuticals Private Limited and 4 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Kishor Kumar Jha ceased to be Additional Director on 30 Sep 2022. Kishor Kumar Jha was appointed as Director on 01 Dec 2021. Aditi Mediratta ceased to be Director on 01 Dec 2016. Veritas Life Sciences has 8 board changes on record in total.
Yes, Veritas Life Sciences is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0024223).
Veritas Life Sciences can be reached through the website veritaslife.com. Its registered office is in Delhi, India.
The registered office of Veritas Life Sciences is at Space No – 103 First Floor Commercial Property No – 6 Lsc Pocket – 5 S, Ector A – 10, Delhi, India – 110040.
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