Vetpharma Limited
About Vetpharma Limited
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Vetpharma Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 08 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1995PLC088169. Its GSTIN is 27AAACV3273F1ZE (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹80.66 Lakh. It was formerly known as Vet-Pharma Nitro Products Limited. It is led by directors including Uday Desai Mukesh and Dilip Kamalakar Pimple.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹96.54 Lakh, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.55 Cr (net margin -160.9%) and EBITDA of -₹2.03 Cr (EBITDA margin -210.7%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 35% over five years.
As per MCA filings, the company has satisfied charges of ₹36.1 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vetpharma has one previous CIN (Corporate Identification Number): U24239MH1995PTC088169. The current CIN is U24239MH1995PLC088169, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239MH1995PLC088169 | Current |
| U24239MH1995PTC088169 | Previous |
Contact details
Vetpharma Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 204 2nd Floor Fortune House Gauthan No. 2 13th, N S Road Juhu Santacruz Opp Ladies Hostel, Mumbai, Maharashtra, India – 400049
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Vetpharma 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
Business activity
The main business activity of Vetpharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Vetpharma Limited, buy the company report.
Financials of Vetpharma Limited
FY 2025 filings availableVetpharma Limited reported revenue of ₹96.54 Lakh (up 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 100% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. 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 | ₹96.54 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.55 Cr | ||||
| 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -210.7% | ||||
| Net Profit Margin | -160.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Vetpharma Limited, buy the company report.
Board of directors of Vetpharma Limited
Vetpharma 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 |
|---|---|---|---|---|
| Mukesh Dhirubhai Naik Also directs: Jay Shukleswar Farms LLP, Nutraplus India Limited, Astere Greene Energy Private Limited and 2 more | Additional Director | 05 Jul 2016 | 10 Years 4 Months | Current |
| Uday Desai Mukesh | Director | 15 Mar 2002 | 24 Years 7 Months | Current |
| Dilip Kamalakar Pimple Also directs: Uday Chemical Engineers and Projects Limited | Director | 23 Feb 1998 | 28 Years 8 Months | Current |
Auditor
Vetpharma Limited is audited by AMPAC & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMPAC & Associates | FY 2022 | 112236W |
Shareholding
The shareholding of Vetpharma Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vetpharma Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2016 | 100069849 | Others | ₹5 Cr | Satisfied | |
| 14 Mar 2016 | 100017067 | Others | ₹6.4 Cr | Satisfied | |
| 10 Mar 2016 | 100016665 | Others | ₹10 Cr | Satisfied | |
| 10 Mar 2016 | 100016960 | Others | ₹1 Cr | Satisfied | |
| 10 Mar 2016 | 100016961 | Others | ₹13.7 Cr | Satisfied |
To see the full charge records of Vetpharma Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Vetpharma Limited has 3 court cases on record: 2 filed by Vetpharma, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Prashant Electricals Ltd | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed by the company against Vadilal Gases & Chemicals Pvt.Ltd. and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ms. Vadilal Gases Chemicalspvt. Ltd. and 2 others | Disposed |
To see the full case history of Vetpharma 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
No delayed payments to MSME suppliers are on our record for Vetpharma Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vetpharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3273F1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vetpharma Limited, buy the company report.
Recent activity
Vetpharma Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Paresh Mohanbhai Desai ceased to be Director on 05 Aug 2016.
8 earlier events are in the company report.
Frequently asked questions
Vetpharma is an active public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 08 May 1995 (31+ years old) and is registered under CIN U24239MH1995PLC088169.
Vetpharma has 3 current directors:
- Mukesh Dhirubhai Naik - Additional Director
- Uday Desai Mukesh - Director
- Dilip Kamalakar Pimple - Director
The latest financial statements of Vetpharma on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vetpharma is 27AAACV3273F1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vetpharma is U24239MH1995PLC088169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vetpharma has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Vetpharma was incorporated on 08 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Paresh Mohanbhai Desai ceased to be Director on 05 Aug 2016. Mukesh Dhirubhai Naik was appointed as Additional Director on 05 Jul 2016. Gita Mukesh Naik ceased to be Director on 21 Jan 2016. Vetpharma has 5 board changes on record in total.
The registered office of Vetpharma is at Flat No. 204 2nd Floor Fortune House Gauthan No. 2 13th, N S Road Juhu Santacruz Opp Ladies Hostel, Mumbai, Maharashtra, India – 400049.
Vetpharma operates in the pharma industry, in the drug formulation and development segment.
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