Vigor Plast India Limited - manufacturing in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
CIN U25190GJ2014PLC078525 Incorporated 30 January 2014 ROC Ahmedabad HQ Jamnagar, Gujarat, India
Active Listed - NSE: VIGOR Public Limited Company manufacturing MSME · Small
Data last updated
Market Cap
₹72.46 Cr
VIGOR-SM · NSE
Share Price
₹66.90
-4.43% today
Revenue
₹65.85 Cr
FY 2025-26 · +44.5% YoY
EBITDA
₹18.29 Cr
Margin 27.8%
Net Profit
₹9.15 Cr
FY 2025-26 · +76.6% YoY
P/E (TTM)
14.4x
P/B 2.3x
ROE
34.4%
ROCE 35.1%
Debt / Equity
0.46
Interest cover 10.2x

About Vigor Plast India Limited

Data last updated:

Vigor Plast India Limited is a public limited company based in Jamnagar, Gujarat, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 30 January 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25190GJ2014PLC078525. Its GSTIN is 24AAECV7222L1Z6 (Gujarat). It is a listed company as per MCA records. Its shares are listed on NSE: VIGOR.

The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹10.35 Cr. It is led by directors including Jayesh Premjibhai Kathiriya (Managing Director) and Rajesh Premjibhai Kathiriya (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No. 640/3 Behind Gujarat Gas Cng Pump Godown Zone Lalpur Road Dared Village, : Chela, Jamnagar, Gujarat, India – 361006.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹65.85 Cr, a growth of 44.5% compared to the previous year. For the same year it recorded a net profit of ₹9.15 Cr (net margin 13.9%) and EBITDA of ₹18.29 Cr (EBITDA margin 27.8%). The net worth stands at ₹40 Cr (up 208.6% YoY). Total assets are valued at ₹46.53 Cr (up 51.7% YoY).

The company has about 2 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.24 Cr and satisfied charges of ₹36.02 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 1 deal on record (1 ipo); the latest was in September 2025. Its 4 peer companies in the Manufacturing industry (Fittings, Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Suresh Steel Tubes Private Limited with revenue of ₹46.17 Cr.

Vigor Plast India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0000520). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vigorplastindia.in.

Company details

CIN U25190GJ2014PLC078525
Registration Number 078525
Incorporation Date 30 January 2014
ROC Ahmedabad
Listing Status Listed (NSE: VIGOR)
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-10-0000520

CIN history

Vigor Plast India has one previous CIN (Corporate Identification Number): U25190GJ2014PTC078525. The current CIN is U25190GJ2014PLC078525, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25190GJ2014PLC078525Current
U25190GJ2014PTC078525Previous

Recognitions & Rankings of Vigor Plast India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-10-0000520

Contact details

Vigor Plast India Limited's registered office is in Jamnagar, Gujarat.

  • Apps
  • Registered Address
    Survey No. 640/3 Behind Gujarat Gas Cng Pump Godown Zone Lalpur Road Dared Village, : Chela, Jamnagar, Gujarat, India – 361006
  • Industry
    Manufacturing, Fittings & Components, Pipe & Tubes
Comprehensive company report
Vigor Plast India Limited - one report that includes everything
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  • 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 Vigor Plast India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Vigor Plast India Limited, buy the company report.

Financials of Vigor Plast India Limited

FY 2025-26 filings available

Vigor Plast India Limited reported revenue of ₹65.85 Cr (up 44.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹65.85 Cr
+44.5% YoY
EBITDA
₹18.29 Cr
+50.4% YoY
Profit After Tax
₹9.15 Cr
+76.6% YoY
Net Worth
₹40.00 Cr
+208.6% YoY
Total Assets
₹46.53 Cr
+51.7% YoY
Total Debt
₹6.53 Cr
-63.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue65.8545.5842.4837.2832.40
Revenue growth+44.5%+7.3%+14.0%+15.1%-
EBITDA18.2912.167.563.092.87
EBITDA margin+27.8%+26.7%+17.8%+8.3%+8.9%
Profit before tax12.186.884.140.350.44
Net profit9.155.182.940.300.29
Net profit margin+13.9%+11.4%+6.9%+0.8%+0.9%
EPS (₹)8.816.6058.585.976.03
Balance sheet
Total assets46.5330.6826.2813.0014.11
Net worth40.0012.964.571.641.35
Total debt6.5317.7221.5611.2912.67
Cash & bank3.740.010.010.240.01
Net working capital15.441.785.691.252.65
Cash flow
Cash from operations5.0314.481.974.58(0.75)
Cash from investing(6.86)(12.11)(11.49)(2.09)(1.16)
Cash from financing5.57(2.36)9.29(2.27)1.92
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue17.4920.7216.8816.8911.3611.7211.0910.96
Revenue growth (YoY)+54.0%+76.8%+52.2%+54.1%-4.1%---
Other income0.000.020.020.000.010.310.030.02
Total expenses13.0615.6912.1411.887.868.418.248.27
EBITDA4.435.034.745.013.503.312.852.69
EBITDA margin+25.3%+24.3%+28.1%+29.7%+30.8%+28.2%+25.7%+24.5%
Depreciation1.121.221.321.310.911.180.770.98
Interest0.240.250.250.450.430.530.430.43
Profit before tax3.073.583.193.252.171.911.681.30
Tax0.770.740.950.840.520.470.400.32

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue17.4920.7216.8816.8911.3611.7211.0910.96
Revenue growth (YoY)+54.0%+76.8%+52.2%+54.1%-4.1%---
Other income0.000.020.020.000.010.310.030.02
Total expenses13.0615.6912.1411.887.868.418.248.27
EBITDA4.435.034.745.013.503.312.852.69
EBITDA margin+25.3%+24.3%+28.1%+29.7%+30.8%+28.2%+25.7%+24.5%
Depreciation1.121.221.321.310.911.180.770.98
Interest0.240.250.250.450.430.530.430.43
Profit before tax3.073.583.193.252.171.911.681.30
Tax0.770.740.950.840.520.470.400.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue65.8545.5842.4837.2832.40
Revenue growth+44.5%+7.3%+14.0%+15.1%-
Other income0.040.440.040.100.23
Total expenses47.5633.4234.9234.1929.53
Employee cost2.462.482.211.631.83
EBITDA18.2912.167.563.092.87
EBITDA margin+27.8%+26.7%+17.8%+8.3%+8.9%
Depreciation4.773.912.471.961.86
Interest1.381.810.990.880.80
Profit before tax12.186.884.140.350.44
Tax3.071.701.200.050.15
Net profit9.155.182.940.300.29
Net profit margin+13.9%+11.4%+6.9%+0.8%+0.9%
EPS (₹)8.816.6058.585.976.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital10.357.850.500.500.50
Reserves & surplus29.655.114.071.140.85
Shareholders' funds (net worth)40.0012.964.571.641.35
Secured loans6.5317.7222.518.6210.21
Unsecured loans0.000.00(0.95)2.672.46
Total debt6.5317.7221.5611.2912.67
Total liabilities46.5330.6826.2813.0014.11
Assets
Gross block30.0227.8523.4315.8813.54
Net block30.0227.8515.7410.6710.28
Capital work in progress1.060.003.010.000.00
Investments0.000.000.000.000.00
Inventories17.868.798.634.635.56
Sundry debtors6.171.932.942.512.30
Cash & bank balances3.740.010.010.240.01
Loans & advances1.920.413.230.660.86
Total current assets29.6911.1414.818.048.73
Total current liabilities14.259.369.126.796.08
Net working capital15.441.785.691.252.65
Total assets46.5330.6826.2813.0014.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash0.010.010.240.010.00
Net cash from operating activities5.0314.481.974.58(0.75)
Net cash from investing activities(6.86)(12.11)(11.49)(2.09)(1.16)
Net cash from financing activities5.57(2.36)9.29(2.27)1.92
Net change in cash3.730.00(0.23)0.220.01
Closing cash3.740.010.010.240.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+44.5%+7.3%+14.0%+15.1%-
EBITDA growth+50.4%+60.9%+144.7%+7.7%-
PBT growth+77.0%+66.2%+1082.9%-20.5%+9997.0%
Net income growth+76.6%+76.2%+880.0%+3.5%-
Revenue CAGR (3Y)+20.9%+12.1%---
EBITDA CAGR (3Y)+80.9%+61.8%---
Profitability & leverage
Net income margin+13.8%+11.4%+6.9%+0.8%+0.9%
Return on capital employed+35.1%+30.5%+26.1%+9.1%+8.9%
Return on net worth+34.4%+59.1%+94.4%+20.1%+22.2%
Debt / equity0.462.245.298.029.39
Long-term debt / equity0.251.152.162.272.96
Interest cover10.2121.9419.4577.8879.21
Efficiency & per share
Fixed asset turnover2.281.782.162.532.39
Inventory turnover4.945.236.417.325.83
Debtors turnover16.2618.7215.5915.5014.09
EPS (₹)8.816.6058.585.976.03
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)38.6416.5091.3132.7327.07

To see the full year-wise statements and ratios of Vigor Plast India Limited, buy the company report.

Board of directors and KMP of Vigor Plast India Limited

Vigor Plast India Limited currently reports 8 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Nimesh Naginbhai RajputDirector30 Nov 20241 Years 11 MonthsCurrent
Jashvantiben Rajeshbhai KathiriyaDirector26 Apr 20197 Years 6 MonthsCurrent
Nitaben Jayeshbhai KathiriyaDirector26 Apr 20197 Years 6 MonthsCurrent
Jayesh Premjibhai KathiriyaManaging Director30 Jan 201412 Years 9 MonthsCurrent
Premjibhai Dayabhai KathiriaDirector30 Jan 201412 Years 9 MonthsCurrent
Rajesh Premjibhai KathiriyaWhole-Time Director30 Jan 201412 Years 9 MonthsCurrent
Showing 6 of 9 current directors and KMP. View all directors and KMP

Peer comparison

Vigor Plast India Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Fittings, Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vigor Plast India Limitedthis company₹65.85 Cr (FY 2026)₹9.15 Cr13.9%44.5%Jamnagar, Gujarat, India
Suresh Steel Tubes Private Limited₹46.17 Cr (FY 2025)-10.0%Anekal Tk. Bangalore, Karnataka, India
Falcon Pipes Industries Private Limited₹46.09 Cr (FY 2025)-25.0%Dhar, Madhya Pradesh, India
Alstone Green India Private Limited₹45.96 Cr (FY 2024)13.0%Kotputli, Rajasthan, India
Sagarasia Aluminium Structures Private Limited₹45.67 Cr (FY 2025)637.0%Secunderabad, Telangana, India

To see the full peer comparison of Vigor Plast India Limited, buy the company report.

Charges & borrowings

Open charges
₹10.24 Cr
Satisfied charges
₹36.02 Cr
Breakdown by lending institutions
Others₹10.24 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Oct 2025101175163Others₹3.25 CrOpen
16 Oct 2025101168448Others₹2 CrOpen
06 Nov 2023100821112Others₹4.99 CrOpen
30 Nov 2024101007150Others₹2.6 CrSatisfied
23 Sep 2024100976705Others₹1 CrSatisfied

To see the full charge records of Vigor Plast India Limited, buy the company report.

Total charge records: 16 View all charges

Deals & funding

Vigor Plast India Limited has 1 deal on record (1 ipo); the latest was in September 2025.

Total deals
1
IPO
1

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2025IPO₹25.1 CrInvestors: Silver Stride India Global Fund, Nova Global Opportunities Fund, Venus Investments VCC
Seller: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vigor Plast India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vigor Plast India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECV7222L1Z6GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Vigor Plast India Limited, buy the company report.

Recent activity

Vigor Plast India Limited has 16 board changes on record since 2014: 9 appointments and 7 cessations. The latest: Ajay Kumar Agrawal was appointed as Company Secretary on 30 Dec 2024.

Filing
Vigor Plast India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 24 Oct 2020 via Charge ID 100411524 with Others was fully satisfied on 04 Dec 2025.
Charges
A charge registered on 29 Feb 2024 via Charge ID 100872695 with Others was fully satisfied on 18 Nov 2025.
Charges
A charge registered on 22 Jul 2022 via Charge ID 100603865 with Hdfc Bank Limited was fully satisfied on 07 Nov 2025.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 101175163 was registered on 30 Oct 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101168448 was registered on 16 Oct 2025.
Charges
A charge registered on 30 Nov 2024 via Charge ID 101007150 with Others was fully satisfied on 15 Oct 2025.
Charges
A charge registered on 08 Feb 2024 via Charge ID 100865653 with Sidbi was fully satisfied on 10 Oct 2025.
Charges
A charge registered on 04 Nov 2023 via Charge ID 100820752 with Others was fully satisfied on 30 Sep 2025.
Charges
A charge registered on 30 Oct 2023 via Charge ID 100820751 with Others was fully satisfied on 30 Sep 2025.
AGM
Vigor Plast India Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Charges
A charge registered on 23 Sep 2024 via Charge ID 100976705 with Others was fully satisfied on 01 Apr 2025.

38 earlier events are in the company report.

Frequently asked questions

Vigor Plast India is an active public limited company based in Jamnagar, Gujarat, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 30 January 2014 (12+ years old) and is registered under CIN U25190GJ2014PLC078525. Listed on NSE: VIGOR.

Vigor Plast India reported revenue of ₹65.85 Cr for FY 2025-26 (up 44.5% YoY) based on standalone financials.

Vigor Plast India has 9 current directors and KMP:

The latest financial statements of Vigor Plast India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Vigor Plast India is 24AAECV7222L1Z6, registered in Gujarat.

The CIN (Corporate Identification Number) of Vigor Plast India is U25190GJ2014PLC078525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Vigor Plast India is a listed company as per MCA records. Its shares are listed on NSE (symbol: VIGOR).

Vigor Plast India has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the high courts.

Vigor Plast India was incorporated on 30 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Vigor Plast India has 1 deal on record (1 ipo); the latest was in September 2025.

The peers of Vigor Plast India by revenue are Suresh Steel Tubes Private Limited, Falcon Pipes Industries Private Limited, Alstone Green India Private Limited, Sagarasia Aluminium Structures Private Limited, all in the Manufacturing industry (Fittings, Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).