Vikram Thermo (India) Limited

BSE: 530477
Vikram Thermo (India) Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L24296GJ1994PLC021524 Incorporated 11 March 1994 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 530477 Public Limited Company pharma
Data last updated
Revenue · FY 2026
₹134.1 Cr
▲ 6.23% YoY
Computed EBITDA · FY 2026
₹55.67 Cr
▲ 16.95% YoY
Net profit · FY 2026
₹38.5 Cr
▲ 375.38% YoY
Authorised capital
₹32 Cr
Registered with MCA
Paid-up capital
₹31.36 Cr
Issued & subscribed
Open charges
₹30.8 Cr
Satisfied ₹7.53 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
121
Latest available

About Vikram Thermo (India) Limited

Data last updated: 15 July 2026

Vikram Thermo (India) Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 11 March 1994, the company has been in operation for over 32 years.

Registered with ROC Ahmedabad under CIN L24296GJ1994PLC021524. Listed on BSE: 530477.

Capital: an authorised share capital of ₹32 Cr and a paid-up capital of ₹31.36 Cr. It is led by directors including Dhirajlal Karsanbhai Patel and Vipulkumar Vitthalbhai Patel.

Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: A/704 – 714 The Capital Science City Road, Ahmedabad, Gujarat, India – 380060.

As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹134.1 Cr, a growth of 6.23% compared to the previous year. The net worth stands at ₹156.87 Cr (up 29.16% YoY). Total assets are valued at ₹187.91 Cr (up 28.8% YoY).

The company has a workforce of approximately 121 employees as per the latest available data.

The company is associated with 1 brand - Vikram Thermo. As per MCA filings, the company has open charges of ₹30.8 Cr and satisfied charges of ₹7.53 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikramthermo.com.

Company Details of Vikram Thermo (India) Limited
CIN L24296GJ1994PLC021524
Registration Number 021524
Incorporation Date 11 March 1994
ROC Ahmedabad
Listing Status Listed (BSE: 530477)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Dhirajlal Karsanbhai Patel Managing Director Ankur Dhirajlal Patel Whole-Time Director Dineshkumar Harjivanbhai Patel Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    vikramthermo.com
  • Social Media
  • Registered Address
    A/704 – 714 The Capital Science City Road, Ahmedabad, Gujarat, India – 380060
  • Industry
    Pharma, Drug Formulation & Development
Company report
Vikram Thermo (India) Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Vikram Thermo (India) Limited report

Financials, compliance, directors, charges, ownership and filings for Vikram Thermo (India) Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Vikram Thermo (India) Limited

Vikram Thermo (India) Limited has one previous CIN (Corporate Identification Number): U24296GJ1994PLC021524. The current CIN is L24296GJ1994PLC021524, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L24296GJ1994PLC021524 Current
U24296GJ1994PLC021524 Previous

Associated Brands with Vikram Thermo (India) Limited

Vikram Thermo (India) Limited operates one associated brand: Vikram Thermo. These brands represent Vikram Thermo (India) Limited's diversified market presence and brand portfolio.

Brand Description Website
Vikram Thermo
Manufacturer of excipients for small molecules vikramthermo.com

Competitors & Alternatives of Vikram Thermo (India) Limited

Brands and companies operating in the same space as Vikram Thermo (India) Limited include Colorcon, DFE Pharma, Crest Cellulose and 6 more.

Competitor Description Location Founded
Colorcon Colorcon Developer of specialty excipients and corporate-backed venture capital fund focused on healthcare startups Harleysville, United States, United States 1961
DFE Pharma DFE Pharma Developer and manufacturer of excipients for oral solid dosage forms and dry powder inhalations Goch, Germany, Germany 2011
Crest Cellulose Crest Cellulose Pharmaceutical excipients and food ingredients are developed and manufactured. Hyderabad, India, India 2011
Scope Ingredients Scope Ingredients Formulations, warehousing, and logistics services for pharmaceuticals are provided. Chennai, India, India 1959
Pfanstiehl Pfanstiehl APIs, injectable excipients, and bioprocessing solutions are manufactured. Waukegan, United States, United States 1919
SPI Pharma SPI Pharma Excipient products and formulations are manufactured for pharmaceutical uses. Wilmington, United States, United States 2000
Meggle Pharma Meggle Pharma Develops and manufactures pharmaceutical excipients for the industry. Wasserburg Am Inn, Germany, Germany 2005
JRS Pharma JRS Pharma Supplies excipients, coatings, and technical services for health sciences worldwide. Baden Baden, Germany, Germany 1878
Boai Nky Pharmaceuticals Boai Nky Pharmaceuticals Develops and manufactures pharmaceutical excipients, specializing in PVP products. Jiaozuo, China, China 1987

Business Activity of Vikram Thermo (India) Limited

Vikram Thermo (India) Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products Locked
Premium access

Business activity turnover details for Vikram Thermo (India) Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Auditor Details of Vikram Thermo (India) Limited

Vikram Thermo (India) Limited is audited by J.T. SHAH AND CO (ICAI peer reviewed, certificate valid till 2028-02-29) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
J.T. SHAH AND CO (ICAI peer reviewed, certificate valid till 2028-02-29) FY 2026 Declaration of unmodified opinion

Board of Directors of Vikram Thermo (India) Limited

Vikram Thermo (India) Limited is currently managed by 6 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Dhirajlal Karsanbhai Patel Managing Director 26 Sep 2009 16 Years 10 Months Current
Vipulkumar Vitthalbhai Patel
Also directs: Sprinter Ventures Llp, Scoda Tubes Limited, Prava Innovate Private Limited and 1 more
Director 15 May 2019 7 Years 2 Months Current
Ankur Dhirajlal Patel
Also directs: Vikram Aroma Limited
Whole-Time Director 09 Feb 2016 10 Years 5 Months Current
Dineshkumar Harjivanbhai Patel
Also directs: Befriend Project Management Llp
Whole-Time Director 31 Mar 2009 17 Years 3 Months Current
Aanal Parth Safi Director 14 Aug 2024 1 Years 11 Months Current
Dineshkumar Dahyalal Mistry Director 14 Aug 2024 1 Years 11 Months Current
View all directors

Financials of Vikram Thermo (India) Limited FY 2026 filings available

Vikram Thermo (India) Limited reported revenue of ₹134.1 Cr (up 6.23% YoY) for FY 2026.

Revenue · FY 2026
₹134.1 Cr ▲ 6.23%
Profit · FY 2026
₹38.5 Cr ▲ 375.38%
Computed EBITDA · FY 2026
₹55.67 Cr ▲ 16.95%
Revenue₹ Cr · Standalone050100150FY 2019: ₹58 Cr58.2FY 2019FY 2020: ₹56 Cr · -4.1% YoY55.9-4.1%FY 2020FY 2021: ₹74 Cr · +31.8% YoY73.6+31.8%FY 2021FY 2022: ₹93 Cr · +25.8% YoY92.6+25.8%FY 2022FY 2023: ₹112 Cr · +20.5% YoY112+20.5%FY 2023FY 2024: ₹126 Cr · +13.3% YoY126+13.3%FY 2024FY 2025: ₹126 Cr · -0.1% YoY126-0.1%FY 2025FY 2026: ₹134 Cr · +6.2% YoY134+6.2%FY 2026
Net Profit₹ Cr · Standalone02040FY 2019: ₹4 Cr4.4FY 2019FY 2020: ₹7 Cr · +63.4% YoY7.2+63.4%FY 2020FY 2021: ₹12 Cr · +66.7% YoY12.1+66.7%FY 2021FY 2022: ₹9 Cr · -28% YoY8.7-28%FY 2022FY 2023: ₹17 Cr · +94.6% YoY16.9+94.6%FY 2023FY 2024: ₹25 Cr · +50.1% YoY25.4+50.1%FY 2024FY 2025: ₹8 Cr · -68.1% YoY8.1-68.1%FY 2025FY 2026: ₹38 Cr · +375.4% YoY38.5+375.4%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year02040Q1'25: ₹31 Cr31.1Q1'25Q2'25: ₹34 Cr33.7Q2'25Q3'25: ₹34 Cr34.3Q3'25Q4'25: ₹27 Cr27.1Q4'25Q1'26: ₹29 Cr · -8.2% YoY28.6-8.2%Q1'26Q2'26: ₹35 Cr · +2.9% YoY34.6+2.9%Q2'26Q3'26: ₹34 Cr · -0.9% YoY34-0.9%Q3'26Q4'26: ₹38 Cr · +39.4% YoY37.8+39.4%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹134.1 Cr ₹126.23 Cr ₹126.4 Cr ₹111.54 Cr ₹92.57 Cr ₹73.59 Cr ₹55.85 Cr ₹58.24 Cr
Other Income ₹1.62 Cr ₹2.91 Cr ₹1.15 Cr ₹1.35 Cr ₹75.7 Lakh ₹68.83 Lakh ₹40.78 Lakh ₹16.91 Lakh
Total Income ₹135.72 Cr ₹129.14 Cr ₹127.55 Cr ₹112.89 Cr ₹93.33 Cr ₹74.28 Cr ₹56.26 Cr ₹58.41 Cr
Cost of Materials Consumed ₹42.52 Cr ₹47.78 Cr ₹62.08 Cr ₹56.83 Cr ₹58.25 Cr ₹35.36 Cr ₹29.29 Cr ₹35.8 Cr
Purchases of Stock-in-Trade ₹0 ₹3.5 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹81 Lakh -₹6.17 Lakh -₹3.67 Cr -₹22.37 Lakh -₹1.18 Cr ₹3.02 Lakh -₹1.36 Cr -₹40.83 Lakh
Employee Benefit Expense ₹13.48 Cr ₹11.44 Cr ₹10.2 Cr ₹11.41 Cr ₹8.21 Cr ₹7.23 Cr ₹5.94 Cr ₹5.59 Cr
Finance Costs ₹45.98 Lakh ₹94.33 Lakh ₹1.14 Cr ₹1.17 Cr ₹88.33 Lakh ₹54.93 Lakh ₹79.77 Lakh ₹1.14 Cr
Depreciation & Amortisation ₹2.97 Cr ₹2.52 Cr ₹3.49 Cr ₹3.21 Cr ₹2.79 Cr ₹2 Cr ₹1.98 Cr ₹1.82 Cr
Other Expenses ₹23.24 Cr ₹18.89 Cr ₹20.25 Cr ₹17.46 Cr ₹12.61 Cr ₹13.11 Cr ₹10.17 Cr ₹8.31 Cr
Total Expenses ₹83.48 Cr ₹85 Cr ₹93.49 Cr ₹89.86 Cr ₹81.57 Cr ₹58.29 Cr ₹46.81 Cr ₹52.25 Cr
Profit Before Exceptional Items & Tax ₹52.24 Cr ₹44.14 Cr ₹34.06 Cr ₹23.04 Cr ₹11.77 Cr ₹15.99 Cr ₹9.45 Cr ₹6.16 Cr
Exceptional Items ₹0 -₹25.34 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹52.24 Cr ₹18.79 Cr ₹34.06 Cr ₹23.04 Cr ₹11.77 Cr ₹15.99 Cr ₹9.45 Cr ₹6.16 Cr
Total Tax Expense ₹13.75 Cr ₹10.38 Cr ₹8.68 Cr ₹6.12 Cr ₹3.08 Cr ₹3.92 Cr ₹2.21 Cr ₹1.73 Cr
Net Profit ₹38.5 Cr ₹8.1 Cr ₹25.38 Cr ₹16.91 Cr ₹8.69 Cr ₹12.07 Cr ₹7.24 Cr ₹4.43 Cr
Other Comprehensive Income ₹5.71 Lakh -₹3 Lakh ₹3.98 Lakh ₹23.42 Lakh ₹2.98 Lakh ₹2.07 Lakh -₹8.96 Lakh ₹10.72 Lakh
Total Comprehensive Income ₹38.56 Cr ₹8.07 Cr ₹25.42 Cr ₹17.15 Cr ₹8.72 Cr ₹12.09 Cr ₹7.15 Cr ₹4.54 Cr
EBITDA (computed) ₹55.67 Cr ₹47.6 Cr ₹38.69 Cr ₹27.41 Cr ₹15.44 Cr ₹18.54 Cr ₹12.22 Cr ₹9.12 Cr
Basic EPS ₹12.28 ₹2.68 ₹8.09 ₹5.39 ₹13.86 ₹19.24 ₹11.85 ₹7.93
Diluted EPS ₹12.28 ₹2.68 ₹8.09 ₹5.39 ₹13.86 ₹19.24 ₹11.85 ₹7.93
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹187.91 Cr ₹145.89 Cr ₹142.68 Cr ₹127.21 Cr ₹104.35 Cr ₹92.33 Cr ₹73.24 Cr ₹65.75 Cr
Non-current Assets ₹102.87 Cr ₹83.13 Cr ₹67.77 Cr ₹66.77 Cr ₹54.3 Cr ₹51.02 Cr ₹41.47 Cr ₹34.71 Cr
Current Assets ₹85.04 Cr ₹62.76 Cr ₹74.91 Cr ₹60.44 Cr ₹50.06 Cr ₹41.31 Cr ₹31.77 Cr ₹31.04 Cr
Property, Plant & Equipment ₹57.02 Cr ₹44.92 Cr ₹61.47 Cr ₹60.61 Cr ₹53.42 Cr ₹32.36 Cr ₹34 Cr ₹33.65 Cr
Inventories ₹10.31 Cr ₹10.64 Cr ₹14.66 Cr ₹9.93 Cr ₹11.64 Cr ₹9.08 Cr ₹7.39 Cr ₹5.16 Cr
Trade Receivables ₹45.97 Cr ₹44.24 Cr ₹39.31 Cr ₹33.35 Cr ₹23.65 Cr ₹19.93 Cr ₹19.71 Cr ₹21.96 Cr
Cash & Equivalents ₹4.85 Cr ₹16.17 Lakh ₹2.88 Cr ₹3.3 Cr ₹1.38 Cr ₹14.7 Lakh ₹1.49 Cr ₹2.57 Cr
Equity (Net Worth) ₹156.87 Cr ₹121.45 Cr ₹113.53 Cr ₹89.68 Cr ₹73.47 Cr ₹65.69 Cr ₹54.55 Cr ₹42.9 Cr
Equity Share Capital ₹31.36 Cr ₹31.36 Cr ₹31.36 Cr ₹31.36 Cr ₹6.27 Cr ₹6.27 Cr ₹6.27 Cr ₹5.58 Cr
Borrowings (Non-current) ₹2.94 Cr ₹2.19 Cr ₹4.71 Cr ₹7.04 Cr ₹8.84 Cr ₹6.6 Cr ₹3.37 Cr ₹5.8 Cr
Borrowings (Current) ₹1.65 Cr ₹4.21 Cr ₹2.33 Cr ₹11.47 Cr ₹6.07 Cr ₹40.46 Lakh ₹0 ₹5.93 Cr
Total Debt (computed) ₹4.59 Cr ₹6.4 Cr ₹7.04 Cr ₹18.51 Cr ₹14.91 Cr ₹7.01 Cr ₹3.37 Cr ₹11.73 Cr
Current Liabilities ₹25.78 Cr ₹20.07 Cr ₹20.98 Cr ₹27.22 Cr ₹19.42 Cr ₹18.12 Cr ₹13.25 Cr ₹14.81 Cr
Total Liabilities ₹31.04 Cr ₹24.44 Cr ₹29.15 Cr ₹37.53 Cr ₹30.88 Cr ₹26.64 Cr ₹18.69 Cr ₹22.85 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹51.58 Cr ₹23.64 Cr ₹23.2 Cr ₹13.05 Cr ₹6.04 Cr
Investing Cash Flow -₹41.48 Cr -₹22.4 Cr -₹9.44 Cr -₹12.63 Cr -₹7.46 Cr
Financing Cash Flow -₹5.41 Cr -₹3.96 Cr -₹14.19 Cr ₹1.49 Cr ₹2.66 Cr
Capital Expenditure ₹9.53 Cr ₹39.61 Cr ₹6.83 Cr ₹12.76 Cr ₹6.72 Cr
Free Cash Flow (computed) ₹42.05 Cr -₹15.97 Cr ₹16.37 Cr ₹29.16 Lakh -₹68.37 Lakh
Dividends Paid ₹3.14 Cr ₹2.35 Cr ₹1.57 Cr ₹94.07 Lakh ₹94.07 Lakh
Net Change in Cash ₹4.69 Cr -₹2.72 Cr -₹41.91 Lakh ₹1.92 Cr ₹1.24 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹37.77 Cr ₹34.02 Cr ₹34.64 Cr ₹28.6 Cr ₹27.11 Cr ₹34.32 Cr ₹33.66 Cr ₹31.15 Cr
Other Income ₹92.57 Lakh ₹45.85 Lakh ₹21.5 Lakh ₹17.12 Lakh ₹1.04 Cr ₹54.66 Lakh ₹1.02 Cr ₹93.69 Lakh
Total Income ₹38.7 Cr ₹34.48 Cr ₹34.85 Cr ₹28.78 Cr ₹28.14 Cr ₹34.87 Cr ₹34.68 Cr ₹32.08 Cr
Cost of Materials Consumed ₹11.23 Cr ₹9.35 Cr ₹11.32 Cr ₹10.58 Cr ₹10.89 Cr ₹13.28 Cr ₹11.93 Cr ₹11.68 Cr
Purchases of Stock-in-Trade ₹0 ₹28.35 Lakh ₹0 ₹65.06 Lakh ₹58.32 Lakh ₹4.88 Lakh ₹1.84 Cr ₹1.02 Cr
Changes in Inventories ₹1.08 Cr ₹1.22 Cr ₹7.14 Lakh -₹1.56 Cr -₹10.52 Lakh ₹72.46 Lakh ₹11.81 Lakh -₹79.92 Lakh
Employee Benefit Expense ₹4.17 Cr ₹3.12 Cr ₹3.14 Cr ₹3.05 Cr ₹4.1 Cr ₹2.49 Cr ₹2.45 Cr ₹2.39 Cr
Finance Costs ₹11.24 Lakh ₹13.45 Lakh ₹9.02 Lakh ₹12.28 Lakh ₹16.01 Lakh ₹41.58 Lakh ₹17.61 Lakh ₹19.12 Lakh
Depreciation & Amortisation ₹76.46 Lakh ₹75.72 Lakh ₹74.31 Lakh ₹70.24 Lakh ₹62.87 Lakh ₹64.12 Lakh ₹63.55 Lakh ₹61.67 Lakh
Other Expenses ₹9.32 Cr ₹4.92 Cr ₹4.61 Cr ₹4.57 Cr ₹4.96 Cr ₹4.43 Cr ₹4.83 Cr ₹5.3 Cr
Total Expenses ₹26.68 Cr ₹19.78 Cr ₹19.98 Cr ₹18.12 Cr ₹21.22 Cr ₹22.03 Cr ₹21.99 Cr ₹20.39 Cr
Profit Before Exceptional Items & Tax ₹12.02 Cr ₹14.7 Cr ₹14.87 Cr ₹10.66 Cr ₹6.92 Cr ₹12.84 Cr ₹12.68 Cr ₹11.69 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 -₹1.05 Cr -₹24.3 Cr
Profit Before Tax ₹12.02 Cr ₹14.7 Cr ₹14.87 Cr ₹10.66 Cr ₹6.92 Cr ₹12.84 Cr ₹11.64 Cr -₹12.6 Cr
Total Tax Expense ₹3.5 Cr ₹3.74 Cr ₹3.8 Cr ₹2.72 Cr ₹2.85 Cr ₹2.77 Cr ₹1.79 Cr ₹2.97 Cr
Net Profit ₹8.52 Cr ₹10.96 Cr ₹11.08 Cr ₹7.94 Cr ₹4.07 Cr ₹10.07 Cr ₹9.79 Cr -₹15.83 Cr
Other Comprehensive Income ₹8.02 Lakh -₹77,000 -₹77,000 -₹77,000 -₹5.57 Lakh ₹83,000 ₹85,000 ₹89,000
Total Comprehensive Income ₹8.6 Cr ₹10.95 Cr ₹11.07 Cr ₹7.93 Cr ₹4.02 Cr ₹10.08 Cr ₹9.8 Cr -₹15.82 Cr
EBITDA (computed) ₹12.89 Cr ₹15.59 Cr ₹15.71 Cr ₹11.48 Cr ₹7.71 Cr ₹13.89 Cr ₹13.49 Cr ₹12.5 Cr
Basic EPS ₹2.72 ₹3.50 ₹3.53 ₹2.53 ₹1.30 ₹3.21 ₹3.14 ₹-4.97
Diluted EPS ₹2.72 ₹3.50 ₹3.53 ₹2.53 ₹1.30 ₹3.21 ₹-0.02 ₹-4.97
Latest 8 quarters shown.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Vikram Thermo (India) Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Vikram Thermo (India) Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 66.01%, retail and other public shareholders hold 33.99% of Vikram Thermo (India) Limited. The company had 11,739 shareholders on record.

Promoters: 66.01%Retail & Others: 33.99%
Mar 2026
QUARTER
66.01% Promoters
33.99% Retail & Others
Promoter holding - history
Now 66.01% · Mar 2026High 66.01% · Mar 2026Low 65.58% · Jun 2023
64%65%66%67%68%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 65.58%Sep 2023: 65.94%Dec 2023: 65.94%Mar 2024: 65.94%Jun 2024: 65.94%Sep 2024: 65.94%Dec 2024: 65.94%Mar 2025: 65.94%Jun 2025: 66.00%Sep 2025: 66.00%Dec 2025: 66.00%Mar 2026: 66.01%65.58%66.01%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters66.01%66.00%66.00%66.00%65.94%65.94%
Public33.99%34.00%34.00%34.00%34.06%34.06%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters66.01%65.94%65.94%
Public33.99%34.06%34.06%
Promoter change (YoY, %pts)+0.07+0.00-

Charges & Borrowings of Vikram Thermo (India) Limited

Open charges
₹30.8 Cr
Satisfied charges
₹7.53 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹30.80 Cr
Latest charge details
DateLenderAmountStatus
22 Sep 2015 Hdfc Bank Limited ₹30.8 Cr Open
21 Aug 2004 Punjab National Bank ₹5.25 Cr Satisfied
24 Dec 2002 Punjab National Bank ₹40 Lakh Satisfied
24 Dec 2002 Punjab National Bank ₹40 Lakh Satisfied
14 Oct 1998 The Mehsana Urbank Co Op Bank Ltd ₹25 Lakh Satisfied

Total charge records: 12 View all charges

Employees and EPFO Compliance at Vikram Thermo (India) Limited

Vikram Thermo (India) Limited has a workforce of 121 employees as of Apr 03, 2024.

Employee count
121
Active EPFO establishments
1
Employee growth
10%
Premium access

Employee and EPFO history for Vikram Thermo (India) Limited

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

Verified entity values are shown only after access is granted.

GST Compliance of Vikram Thermo (India) Limited

Premium access

GST registrations and filing compliance for Vikram Thermo (India) Limited

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

Verified entity values are shown only after access is granted.

Credit Ratings, Litigation & Regulatory Alerts for Vikram Thermo (India) Limited

Premium access

Credit ratings, litigation, and regulatory alerts for Vikram Thermo (India) Limited

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

  • Rating history
  • Court and tribunal cases
  • Regulatory alerts
  • Director-linked violations

Verified entity values are shown only after access is granted.

MSME Payment Delays by Vikram Thermo (India) Limited

Premium access

MSME payment history for Vikram Thermo (India) Limited

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

  • Outstanding amounts
  • Delay periods and reasons
  • MSME-1 filing history
  • Vendor payment signals

Verified entity values are shown only after access is granted.

Subsidiaries & Group Companies of Vikram Thermo (India) Limited

Premium access

Corporate group structure for Vikram Thermo (India) Limited

Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.

  • Parent company
  • Subsidiaries and ownership
  • Associates and joint ventures
  • Entity investments

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Vikram Thermo (India) Limited

Premium access

MCA filings and documents for Vikram Thermo (India) Limited

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

Verified entity values are shown only after access is granted.

Recent Activity on Vikram Thermo (India) Limited

Charges
01 Jan 2026
A charge with Hdfc Bank Limited of Rs. 30.80 Cr registered on 22 Sep 2015 with Charge ID 10592394 was modified on 01 Jan 2026.
Activity
26 Sep 2025
Vikram Thermo (India) Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Directors
09 Jun 2025
Switi Shantilal Patel was appointed as a Cfo on 09 Jun 2025 & has been associated with this company since 1 year 1 month.
Activity
31 Mar 2025
Vikram Thermo (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
14 Aug 2024
Aanal Parth Safi was appointed as a Director on 14 Aug 2024 & has been associated with this company since 1 year 11 months.
Directors
14 Aug 2024
Dineshkumar Dahyalal Mistry was appointed as a Director on 14 Aug 2024 & has been associated with this company since 1 year 11 months.

Frequently Asked Questions about Vikram Thermo (India) Limited

Vikram Thermo (India) Limited is an active public limited company in the pharma sector based in Ahmedabad, Gujarat, India. It was incorporated on 11 March 1994 (32+ years old) and is registered under CIN L24296GJ1994PLC021524. Listed on BSE: 530477. The company has 121 employees.

Vikram Thermo (India) Limited reported revenue of ₹134.1 Cr for FY 2026 (up 6.23% YoY) based on standalone BSE filings.

The current directors of Vikram Thermo (India) Limited are:

The primary industry of Vikram Thermo (India) Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.

Yes. Vikram Thermo (India) Limited is listed on BSE with code 530477.

Vikram Thermo (India) Limited can be reached at the registered office: A704 – 714 The Capital Science City Road, Ahmedabad, Gujarat, India – 380060, or through the website vikramthermo.com.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available