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
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
₹29.93 Cr
Satisfied ₹7.53 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
121
Latest available

About Vikram Thermo (India) Limited

Data last updated: 22 December 2025

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 Dineshkumar Dahyalal Mistry.

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 the financials filed for FY 2025, the company reported a revenue of ₹133.72 Cr, a growth of 5% compared to the previous year.

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 ₹29.93 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
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    A/704 – 714 The Capital Science City Road, Ahmedabad, Gujarat, India – 380060
  • Industry
    Pharma, Drug Formulation & Development
Company report
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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
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 *********

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 9 directors, with 16 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 Nodal Officer 06 Sep 2019 6 Years 10 Months Current
Dineshkumar Dahyalal Mistry Director 14 Aug 2024 1 Years 10 Months Current
Ankur Dhirajlal Patel Whole-Time Director 09 Feb 2016 10 Years 5 Months Current
Maheshkumar Kantilal Shah Company Secretary 27 May 2015 11 Years 1 Months Current
Aanal Parth Safi Director 14 Aug 2024 1 Years 10 Months Current
Dineshkumar Harjivanbhai Patel Whole-Time Director 31 Mar 2009 17 Years 3 Months Current
Showing 6 of 9 current directors. 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹134.1 Cr ▲ 6.23%
Profit · FY 2026
₹38.5 Cr ▲ 375.38%
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.
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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
₹29.93 Cr
Satisfied charges
₹7.53 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹29.93 Cr
Latest charge details
DateLenderAmountStatus
22 Sep 2015 Hdfc Bank Limited ₹29.93 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%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Vikram Thermo (India) Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Vikram Thermo (India) Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Vikram Thermo (India) Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

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

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Vikram Thermo (India) Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Vikram Thermo (India) Limited

MSME Payment Delays by Vikram Thermo (India) Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Vikram Thermo (India) Limited

Subsidiaries & Group Companies of Vikram Thermo (India) Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Vikram Thermo (India) Limited

MCA Filings & Documents of Vikram Thermo (India) Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Vikram Thermo (India) Limited

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 30 days.
Activity
31 Mar 2025
Vikram Thermo (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
25 Nov 2024
A charge with Hdfc Bank Limited of Rs. 29.93 Cr registered on 22 Sep 2015 with Charge ID 10592394 was modified on 25 Nov 2024.
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 10 months.
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 10 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 ₹133.72 Cr for FY 2025 (up 5.00% YoY).

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.

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

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