About Vinkem Labs Limited
Data last updated:
Vinkem Labs Limited is a public limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 December 1994.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24231TN1994PLC029622. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹9.89 Cr. It was formerly known as Vinkem Labs Private Limited. It is led by directors including Munusamy Perumal (Managing Director) and Perumal Mallika.
Its last annual general meeting (AGM) was held on 28 April 2018, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 29 Shanthi Olony Anna Nagar Chennai – 40, Tamil Nadu, India – 600040.
As per the financials filed for FY 2017, the company reported a revenue of ₹20.97 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net loss of ₹19.9 Lakh (net margin -94.9%) and EBITDA of ₹1.64 Lakh (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
The company is associated with 1 brand: Vinkem. As per MCA filings, the company has open charges of ₹108.38 Cr on record. Court records list 30 cases involving the company, including 11 filed by the company and 19 filed against it; 12 cases are pending.
The last known website on record is vinkem.com.
Company details
CIN history
Vinkem Labs has one previous CIN (Corporate Identification Number): U24231TN1994PTC029622. The current CIN is U24231TN1994PLC029622, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231TN1994PLC029622 | Current |
| U24231TN1994PTC029622 | Previous |
Contact details
Vinkem Labs Limited's registered office is in Chennai, Tamil Nadu. Its website is vinkem.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address29 Shanthi Olony Anna Nagar Chennai – 40, Tamil Nadu, India – 600040
- IndustryPharma, Drug Formulation & Development, Pharmaceutical Retailers & Distributors
To see the full contact details of Vinkem Labs 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
Brands
Vinkem Labs operates one associated brand: Vinkem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of oncology drugs, API, and related services in India. | vinkem.com |
Business activity
The main business activity of Vinkem Labs 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 Vinkem Labs Limited, buy the company report.
Financials of Vinkem Labs Limited
FY 2017 filings availableVinkem Labs Limited reported revenue of ₹20.97 Lakh (up 44% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 44% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 44%. EBITDA rose 115% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹20.97 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.64 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹19.9 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.8% | ||
| Net Profit Margin | -94.9% | ||
| 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 Vinkem Labs Limited, buy the company report.
Board of directors of Vinkem Labs Limited
Vinkem Labs has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Perumal Mallika | Director | 23 Jan 2004 | 22 Years 9 Months | As last reported |
| Rajendran Shanmugam | Irp/Rp/Liquidator | 09 Dec 2024 | 1 Years 11 Months | As last reported |
| Venkataraman Haridoss | Director | 23 Jan 2004 | 22 Years 9 Months | As last reported |
| Munusamy Palani | Director | 03 Mar 1995 | 31 Years 8 Months | As last reported |
| Munusamy Perumal | Managing Director | 21 Dec 1994 | 31 Years 10 Months | As last reported |
| Deepika Perumal | Additional Director | 23 Oct 2018 | 8 Years 0 Months | As last reported |
Peer comparison
Vinkem Labs Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agam and Gem Laboratories Private Limited | ₹21.15 Lakh (FY 2024) | -54.0% | Daman, Daman and Diu, India | |||
| Phool Chand Herbals Private Limited | ₹21.14 Lakh (FY 2025) | 0.0% | Roorkee, Uttarakhand, India | |||
| Vinkem Labs Limitedthis company | ₹20.97 Lakh (FY 2017) | -₹19.9 Lakh | -94.9% | 44.0% | Chennai, Tamil Nadu, India | |
| Zibran Pharmaceuticals Private Limited | ₹20.93 Lakh (FY 2024) | -76.0% | Godhra, Gujarat, India |
To see the full peer comparison of Vinkem Labs Limited, buy the company report.
Auditor
Vinkem Labs Limited is audited by P RAVI SANKAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P RAVI SANKAR & CO | FY 2017 | 003203S |
Shareholding
The shareholding of Vinkem Labs Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vinkem Labs Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2013 | 10445764 | Bank of India Chennai Mid Corporate Branch | ₹32.37 Cr | Open | |
| 09 May 2011 | 10294122 | Bank of India | ₹2 Cr | Open | |
| 09 May 2011 | 10294145 | Bank of India | ₹12 Cr | Open | |
| 16 Dec 2009 | 10194573 | Bank of India | ₹33.18 Cr | Open | |
| 07 Sep 2007 | 10075618 | Bank of India | ₹1.8 Cr | Open |
To see the full charge records of Vinkem Labs Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Vinkem Labs Limited has 30 court cases on record: 11 filed by Vinkem Labs, 19 filed against it. 12 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 15 | 11 |
| District courts | 2 | 2 | 1 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Buldana Urban Credit Care Pvt Ltd. and 1 other | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Buldana Urban Credit Care Private Ltd and 1 other | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed by the company against Buldana Urban Credit Care Pvt Ltd and 2 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Government of India | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Government of India | Pending |
To see the full case history of Vinkem Labs 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 Vinkem Labs Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vinkem Labs has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vinkem Labs Limited, buy the company report.
Recent activity
Vinkem Labs Limited has 10 board changes on record since 1994: 6 appointments and 4 cessations. The latest: Kavitha Surana ceased to be Irp/Rp/Liquidator on 09 Dec 2024.
9 earlier events are in the company report.
Frequently asked questions
Vinkem Labs is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Vinkem Labs is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 December 1994 and is registered under CIN U24231TN1994PLC029622. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vinkem Labs has 6 current directors:
- Munusamy Perumal - Managing Director
- Perumal Mallika - Director
- Venkataraman Haridoss - Director
- Munusamy Palani - Director
- Deepika Perumal - Additional Director
- Rajendran Shanmugam - Irp/Rp/Liquidator
The latest financial statements of Vinkem Labs on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 April 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vinkem Labs is U24231TN1994PLC029622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinkem Labs has open charges of ₹108.38 Cr and no satisfied charges on record as per latest MCA filings.
Vinkem Labs has 30 court cases on record: 11 filed by the company and 19 filed against it. 12 are pending. Most are in the high courts.
Vinkem Labs was incorporated on 21 December 1994. It is registered with the Registrar of Companies, Chennai.
The peers of Vinkem Labs by revenue are Agam and Gem Laboratories Private Limited, Phool Chand Herbals Private Limited, Zibran Pharmaceuticals Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kavitha Surana ceased to be Irp/Rp/Liquidator on 09 Dec 2024. Rajendran Shanmugam was appointed as Irp/Rp/Liquidator on 09 Dec 2024. Deepika Perumal was appointed as Additional Director on 23 Oct 2018. Vinkem Labs has 10 board changes on record in total.
Vinkem Labs can be reached through the website vinkem.com. Its registered office is in Chennai, Tamil Nadu, India.
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