MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-14-0003618
Vimal Dairy Ltd - food and beverages in Mehsana, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹223.99 Cr
▼ 2% YoY
Net profit · FY 2025
₹1.33 Cr
Net margin 0.6%
EBITDA · FY 2025
₹8.04 Cr
EBITDA margin 3.6%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Open charges
₹80 Cr
Satisfied ₹305.76 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
87
Provident fund records
About Vimal Dairy Ltd
Data last updated:
Vimal Dairy Ltd is a public limited company based in Mehsana, Gujarat, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 22 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15200GJ1992PLC017484. Its GSTIN is 24AABCV5434B1ZS (Gujarat).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It was formerly known as Vimal Dairy Products Ltd and Vimco Oil & Foods Pvt Ltd. It is led by directors including Jigneshkumar Ramanbhai Patel and Yesha Yatishbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Village – Hanumant Heduva Nr. Palvasna Railway Crossing Highway, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2025, the company reported a revenue of ₹223.99 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Cr (net margin 0.6%) and EBITDA of ₹8.04 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 87 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vimal Dairy and Vimal Icecream. As per MCA filings, the company has open charges of ₹80 Cr and satisfied charges of ₹305.76 Cr on record. Court records list 117 cases involving the company, including 46 filed by the company and 71 filed against it; 5 cases are pending. The company has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.33 Cr; the latest was in March 2019. Its 5 peer companies in the Food and Beverages industry (Dairy, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 2 smaller; the largest is Smriti Products Private Limited with revenue of ₹234.51 Cr.
Vimal Dairy Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0003618). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vimaldairy.com.
Company details
CIN U15200GJ1992PLC017484
Registration Number 017484
Incorporation Date 22 April 1992
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-14-0003618
Name history
Vimal Dairy has undergone 2 name changes throughout its history. The company was previously known as Vimal Dairy Products Ltd, and Vimco Oil & Foods Pvt Ltd. The current legal name is Vimal Dairy Ltd.
| Company Name | Status |
|---|---|
| Vimal Dairy Ltd | Current |
| Vimal Dairy Products Ltd | Previous |
| Vimco Oil & Foods Pvt Ltd | Previous |
Key People
Jigneshkumar Ramanbhai Patel Director Yesha Yatishbhai Shah Director Dhairyakumar Mohanbhai Thakkar Director Recognitions & Rankings of Vimal Dairy
Contact details
Vimal Dairy Ltd's registered office is in Mehsana, Gujarat. Its website is vimaldairy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage – Hanumant Heduva Nr. Palvasna Railway Crossing Highway, Mehsana, Gujarat, India – 384002
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Vimal Dairy Ltd, buy the company report.
Comprehensive company report
Vimal Dairy Ltd - 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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Brands
Vimal Dairy operates two associated brands: Vimal Dairy and Vimal Icecream. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces milk, ghee, butter, cheese, and other dairy products in Gujarat. | vimaldairy.com | |
| Manufactures and distributes a variety of ice cream flavors in India. | vimalicecream.com |
Business activity
The main business activity of Vimal Dairy is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Vimal Dairy Ltd, buy the company report.
Financials of Vimal Dairy Ltd
FY 2024 filings availableVimal Dairy Ltd reported revenue of ₹223.99 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹223.99 Cr ▼ 2%
Net profit · FY 2025
₹1.33 Cr margin 0.6%
EBITDA · FY 2025
₹8.04 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 9%
5 years · compounded
▲ 6%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 10% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹8.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.33 Cr | ||||
| Balance Sheet | |||||
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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 | 3.6% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Vimal Dairy Ltd, buy the company report.
Board of directors of Vimal Dairy Ltd
Vimal Dairy has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigneshkumar Ramanbhai Patel | Director | 20 Jul 2016 | 10 Years 3 Months | Current |
| Yesha Yatishbhai Shah Also directs: Netlink Solutions (India) Limited, Onix Solar Energy Limited, Netlink Solutions (India) Limited and 2 more | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Dhairyakumar Mohanbhai Thakkar | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Rameshbhai Dwarkadas Patel | Director | 20 Jul 2016 | 10 Years 3 Months | Current |
| Chintankumar Bhailalbhai Patel | Director | 20 Jul 2016 | 10 Years 3 Months | Current |
| Mahendra Narayandas Vaishnav | Director | 18 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Vimal Dairy Ltd is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Dairy, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smriti Products Private Limited | ₹234.51 Cr (FY 2025) | 29.0% | Delhi, India | |||
| Kreem Foods Pvt Ltd | ₹232.17 Cr (FY 2025) | 1.0% | Ernakulam, Kerala, India | |||
| HFL Consumer Products Private Limited | ₹229.9 Cr (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Vimal Dairy Ltdthis company | ₹223.99 Cr (FY 2025) | ₹1.33 Cr | 0.6% | -2.0% | 87 | Mehsana, Gujarat, India |
| Jain Dairy Products Private Limited | ₹222.97 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| Dairycraft (India) Private Limited | ₹222.07 Cr (FY 2025) | 7.0% | Delhi, India |
To see the full peer comparison of Vimal Dairy Ltd, buy the company report.
Auditor
Vimal Dairy Ltd is audited by R. R. S. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. R. S. & ASSOCIATES | FY 2023 | 118336W |
Shareholding
The shareholding of Vimal Dairy Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vimal Dairy Ltd, buy the company report.
Charges & borrowings
Open charges
₹80 Cr
Satisfied charges
₹305.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2022 | 100573481 | Others | ₹40 Cr | Satisfied | |
| 05 May 2022 | 100573484 | Others | ₹40 Cr | Satisfied | |
| 30 Mar 2017 | 100103316 | Others | ₹30 Cr | Satisfied | |
| 03 Nov 2016 | 100103320 | Others | ₹30 Cr | Satisfied | |
| 27 Feb 2013 | 10413476 | Bank of India | ₹46.16 Cr | Satisfied |
To see the full charge records of Vimal Dairy Ltd, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Vimal Dairy Ltd has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.33 Cr; the latest was in March 2019.
Total deals
13
Secondary share transfers
11
Funding rounds
2
Disclosed funding
₹13.33 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Vimal Oil & Foods Ltd , an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Vimal Fiscal Private Limited , an individual |
| Feb 2013 | Funding round | ₹12.58 Cr | Investors: Vimal Oil & Foods Ltd , an individual |
To see the full deal history of Vimal Dairy Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vimal Dairy Ltd has 117 court cases on record: 46 filed by Vimal Dairy, 71 filed against it. 5 cases are pending and 112 are disposed.
Total cases
117
Filed by the company
46
Filed against the company
71
Pending
5
Disposed
112
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 81 | 48 | 4 |
| High courts | 35 | 22 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 117)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Vadilal International Pvt., Ltd., and 2 others | Pending |
| District court, Mahesana, Gujarat | Civil suit | Filed by the company against Franchise India Brands Limited and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Gujarat Tea Processors and Packers Ltd. and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Vadilal International Private Ltd. and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
To see the full case history of Vimal Dairy Ltd, 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.
Credit ratings & regulatory alerts
Vimal Dairy Ltd was last rated by Icra on 29 Sep 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Sep 2015 |
To see the full credit ratings and regulatory alerts of Vimal Dairy Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vimal Dairy Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vimal Dairy Ltd has a workforce of 87 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
87
Active EPFO establishments
1
Employee growth
-9.38%
GST
Vimal Dairy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV5434B1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vimal Dairy Ltd, buy the company report.
Recent activity
Vimal Dairy Ltd has 22 board changes on record since 2012: 6 appointments and 16 cessations. The latest: Mahendra Narayandas Vaishnav ceased to be Additional Director on 29 Sep 2024.
Charges
A charge registered on 05 May 2022 via Charge ID 100573481 with Others was fully satisfied on 06 Feb 2025.
Charges
A charge registered on 05 May 2022 via Charge ID 100573484 with Others was fully satisfied on 06 Feb 2025.
AGM
Vimal Dairy Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Mahendra Narayandas Vaishnav ceased to be Additional Director.
Filing
Vimal Dairy Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Mahendra Narayandas Vaishnav was appointed as Director.
Ceased
Dhairyakumar Mohanbhai Thakkar ceased to be Additional Director.
Ceased
Yesha Yatishbhai Shah ceased to be Additional Director.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100103316 with Others was fully satisfied on 19 May 2022.
Charges
A charge registered on 03 Nov 2016 via Charge ID 100103320 with Others was fully satisfied on 19 May 2022.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100573481 was registered on 05 May 2022.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100573484 was registered on 05 May 2022.
42 earlier events are in the company report.
Frequently asked questions
Vimal Dairy is an active public limited company based in Mehsana, Gujarat, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 22 April 1992 (34+ years old) and is registered under CIN U15200GJ1992PLC017484.
Vimal Dairy has 6 current directors:
- Jigneshkumar Ramanbhai Patel - Director
- Yesha Yatishbhai Shah - Director
- Dhairyakumar Mohanbhai Thakkar - Director
- Rameshbhai Dwarkadas Patel - Director
- Chintankumar Bhailalbhai Patel - Director
- Mahendra Narayandas Vaishnav - Director
The latest financial statements of Vimal Dairy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vimal Dairy is 24AABCV5434B1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Vimal Dairy is U15200GJ1992PLC017484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vimal Dairy has 117 court cases on record: 46 filed by the company and 71 filed against it. 5 are pending. Most are in the district courts.
Vimal Dairy was incorporated on 22 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vimal Dairy has 13 deals on record (11 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.33 Cr; the latest was in March 2019.
The peers of Vimal Dairy by revenue are Smriti Products Private Limited, Kreem Foods Pvt Ltd, HFL Consumer Products Private Limited, Jain Dairy Products Private Limited, Dairycraft (India) Private Limited, all in the Food and Beverages industry (Dairy, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Mahendra Narayandas Vaishnav ceased to be Additional Director on 29 Sep 2024. Mahendra Narayandas Vaishnav was appointed as Director on 18 Apr 2023. Dhairyakumar Mohanbhai Thakkar ceased to be Additional Director on 29 Sep 2022. Vimal Dairy has 22 board changes on record in total.
Yes, Vimal Dairy is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-14-0003618).