Vital Chemtech Limited

NSE: VITAL
Vital Chemtech Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L24299GJ2021PLC127538 Incorporated 25 November 2021 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: VITAL Public Limited Company chemicals and materials MSME
Data last updated
Market Cap
₹122 Cr
VITAL · NSE
Share Price
₹51.84
+1.65% today
Revenue
₹126 Cr
FY 2025-26 · -5.6% YoY
EBITDA
₹10.03 Cr
Margin 7.9%
Net Profit
₹1.03 Cr
FY 2025-26 · -74.6% YoY
P/E (TTM)
50.1x
P/B 1.3x
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹23.95 Cr
Issued & subscribed

About Vital Chemtech Limited

Data last updated:

Vital Chemtech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 25 November 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24299GJ2021PLC127538. Its GSTIN is 24AAICV4201F1ZQ (Gujarat). It is a listed company as per MCA records. Its shares are listed on NSE: VITAL.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.95 Cr. It is led by directors including Vipul Bhatt (Managing Director) and Jay Bhatt (Whole-Time Director).

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 406 Mondeal Heights Opp. Karnavati Club S. G. Highway, Ahmedabad, Gujarat, India – 380015.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹126.44 Cr, a decline of 5.6% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 0.8%) and EBITDA of ₹10.03 Cr (EBITDA margin 7.9%). The net worth stands at ₹99.35 Cr (down 0.4% YoY). Total assets are valued at ₹162.3 Cr (down 3.5% YoY).

The company has about 44 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹90.34 Cr and satisfied charges of ₹40.32 Cr on record. Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 8 cases are pending. The company has 10 deals on record (7 market trades, 2 funding rounds, 1 ipo), with disclosed funding of ₹13.53 Cr; the latest was in February 2025.

Vital Chemtech Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0011086). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vitalgroup.co.in.

Company details

CIN L24299GJ2021PLC127538
Registration Number 127538
Incorporation Date 25 November 2021
ROC Ahmedabad
Listing Status Listed - Listed on NSE (VITAL)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0011086

CIN history

Vital Chemtech has one previous CIN (Corporate Identification Number): U24299GJ2021PLC127538. The current CIN is L24299GJ2021PLC127538, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24299GJ2021PLC127538Current
U24299GJ2021PLC127538Previous
Key People
Vipul Bhatt Managing Director Jay Bhatt Whole-Time Director Sangeeta Vipul Bhatt Director

Recognitions & Rankings of Vital Chemtech

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-01-0011086

Contact details

Vital Chemtech Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    B – 406 Mondeal Heights Opp. Karnavati Club S. G. Highway, Ahmedabad, Gujarat, India – 380015
  • Industry
    Chemicals and Materials, Industrial Chemicals
Comprehensive company report
Vital Chemtech Limited - 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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Business activity

The main business activity of Vital Chemtech is manufacturing. In detail, this covers manufacture of chemicals and chemical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing20Manufacture of chemicals and chemical products

To see the full business activity and turnover split of Vital Chemtech Limited, buy the company report.

Financials of Vital Chemtech Limited

FY 2025-26 filings available

Vital Chemtech Limited reported revenue of ₹126.44 Cr (down 5.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹126 Cr
-5.6% YoY
EBITDA
₹10.03 Cr
-11.1% YoY
Profit After Tax
₹1.03 Cr
-74.6% YoY
Net Worth
₹99.35 Cr
-0.4% YoY
Total Assets
₹162 Cr
-3.5% YoY
Total Debt
₹61.87 Cr
-6.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue12613498.2711757.61
Revenue growth-5.6%+36.3%-15.8%+102.6%-
EBITDA10.0311.280.1914.7911.39
EBITDA margin+7.9%+8.4%+0.2%+12.7%+19.8%
Profit before tax2.096.22(0.36)11.4910.59
Net profit1.034.06(0.64)8.077.98
Net profit margin+0.8%+3.0%-0.7%+6.9%+13.9%
EPS (₹)0.431.69(0.54)3.3611.75
Balance sheet
Total assets16216811011850.95
Net worth99.3599.7084.3489.6114.62
Total debt61.8765.9225.7828.8136.32
Cash & bank0.890.820.4930.516.24
Net working capital33.9428.6530.9374.1330.37
Cash flow
Cash from operations4.925.9213.97(8.30)(13.22)
Cash from investing(5.43)(39.07)(35.44)(25.72)1.05
Cash from financing0.5833.49(8.56)58.2918.18
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue51.1935.1426.7530.7633.8035.0732.91
Revenue growth (YoY)+51.5%+0.2%-18.7%----
Other income0.130.240.190.300.280.620.10
EBITDA6.093.981.352.182.542.843.55
EBITDA margin+11.9%+11.3%+5.0%+7.1%+7.5%+8.1%+10.8%
Depreciation1.792.041.681.171.111.271.75
Interest1.001.221.000.430.470.500.67
Profit before tax3.430.96(1.14)0.881.241.691.23
Tax0.850.120.190.500.260.530.66
Net profit2.580.84(1.33)0.380.981.160.57
EPS (₹)1.080.36(0.55)0.000.410.490.00
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue10512010211757.61
Revenue growth-12.5%+18.2%-12.9%+102.6%-
EBITDA5.717.654.9214.7911.52
EBITDA margin+5.4%+6.4%+4.8%+12.7%+20.0%
Profit before tax10.466.744.9111.4910.60
Net profit8.954.623.648.077.90
Net profit margin+8.5%+3.8%+3.6%+6.9%+13.7%
EPS (₹)3.711.931.683.3628.21
Balance sheet
Total assets12411010311450.95
Net worth11310489.6789.6114.62
Total debt11.254.3612.9623.9536.32
Cash & bank0.470.510.4029.266.24
Net working capital24.4126.0734.7473.6530.37
Cash flow
Cash from operations6.7111.3315.47(10.36)(13.22)
Cash from investing(21.46)(14.90)(27.92)(20.06)1.05
Cash from financing14.713.68(16.40)53.4418.18
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue43.6830.7420.1925.5528.7831.5427.75
Revenue growth (YoY)+51.8%-2.5%-27.2%----
Other income0.102.852.020.270.261.25(0.60)
Total expenses39.7529.4819.0624.0826.9330.0125.35
EBITDA3.931.261.131.471.851.532.40
EBITDA margin+9.0%+4.1%+5.6%+5.8%+6.4%+4.9%+8.6%
Depreciation0.610.720.580.520.470.540.49
Interest0.410.560.390.270.300.140.24
Profit before tax3.012.832.180.951.342.101.07
Tax0.880.380.380.390.370.530.78

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue51.1935.1426.7530.7633.8035.0732.91
Revenue growth (YoY)+51.5%+0.2%-18.7%----
Other income0.130.240.190.300.280.620.10
EBITDA6.093.981.352.182.542.843.55
EBITDA margin+11.9%+11.3%+5.0%+7.1%+7.5%+8.1%+10.8%
Depreciation1.792.041.681.171.111.271.75
Interest1.001.221.000.430.470.500.67
Profit before tax3.430.96(1.14)0.881.241.691.23
Tax0.850.120.190.500.260.530.66
Net profit2.580.84(1.33)0.380.981.160.57
EPS (₹)1.080.36(0.55)0.000.410.490.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue12613498.2711757.61
Revenue growth-5.6%+36.3%-15.8%+102.6%-
Other income1.172.083.330.140.26
Total expenses11612398.0810246.22
Employee cost0.003.572.711.620.69
EBITDA10.0311.280.1914.7911.39
EBITDA margin+7.9%+8.4%+0.2%+12.7%+19.8%
Depreciation5.994.972.632.320.70
Interest3.122.171.251.120.36
Profit before tax2.096.22(0.36)11.4910.59
Tax1.062.160.943.432.70
Net profit1.034.06(0.64)8.077.98
Net profit margin+0.8%+3.0%-0.7%+6.9%+13.9%
EPS (₹)0.431.69(0.54)3.3611.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital23.9523.9523.9523.956.72
Reserves & surplus75.3975.7560.3965.667.90
Shareholders' funds (net worth)99.3599.7084.3489.6114.62
Minority interest0.600.600.050.000.00
Secured loans61.8765.9213.337.988.30
Unsecured loans0.000.0012.4520.8328.02
Total debt61.8765.9225.7828.8136.32
Total liabilities16216811011850.95
Assets
Gross block74.7878.7348.2627.6018.07
Net block58.2568.1442.7524.5917.37
Capital work in progress42.8315.410.000.000.00
Investments12.9712.6634.9615.402.96
Inventories31.7813.6312.6513.479.05
Sundry debtors39.9538.9139.2838.2441.73
Cash & bank balances0.890.820.4930.516.24
Loans & advances17.3113.665.5710.793.66
Total current assets89.9367.0257.9993.0160.68
Total current liabilities55.9938.3727.0618.8830.31
Net working capital33.9428.6530.9374.1330.37
Total assets16216811011850.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash0.820.4830.516.240.23
Net cash from operating activities4.925.9213.97(8.30)(13.22)
Net cash from investing activities(5.43)(39.07)(35.44)(25.72)1.05
Net cash from financing activities0.5833.49(8.56)58.2918.18
Net change in cash0.070.34(30.03)24.276.01
Closing cash0.890.820.4930.516.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth-5.6%+36.3%-15.8%+102.6%-
EBITDA growth-11.1%+5836.8%-98.7%+29.9%-
PBT growth-66.4%+9998.0%-+8.5%+9997.0%
Net income growth-74.6%+734.4%-107.9%+1.1%-
Revenue CAGR (3Y)+2.7%+32.5%---
EBITDA CAGR (3Y)-12.1%-0.3%---
Profitability & leverage
Net income margin+0.8%+3.0%-1.3%+6.9%+13.7%
Return on capital employed-+6.7%+0.3%+14.9%+21.5%
Return on net worth-+4.6%-0.7%+15.5%+54.0%
Debt / equity-0.420.310.622.48
Long-term debt / equity-0.320.220.421.47
Interest cover77.2334.39-51.238.983.37
Efficiency & per share
Fixed asset turnover-2.112.595.113.19
Inventory turnover-10.197.5210.376.37
Debtors turnover-3.102.542.921.38
EPS (₹)0.431.69(0.54)3.3611.75
Dividend per share (₹)0.000.000.500.500.00
Book value per share (₹)0.0038.4735.2137.4121.75
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue43.6830.7420.1925.5528.7831.5427.75
Revenue growth (YoY)+51.8%-2.5%-27.2%----
Other income0.102.852.020.270.261.25(0.60)
Total expenses39.7529.4819.0624.0826.9330.0125.35
EBITDA3.931.261.131.471.851.532.40
EBITDA margin+9.0%+4.1%+5.6%+5.8%+6.4%+4.9%+8.6%
Depreciation0.610.720.580.520.470.540.49
Interest0.410.560.390.270.300.140.24
Profit before tax3.012.832.180.951.342.101.07
Tax0.880.380.380.390.370.530.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue10512010211757.61
Revenue growth-12.5%+18.2%-12.9%+102.6%-
Other income8.561.993.310.140.26
Total expenses99.5511396.8110246.09
Employee cost0.002.662.491.620.69
EBITDA5.717.654.9214.7911.52
EBITDA margin+5.4%+6.4%+4.8%+12.7%+20.0%
Depreciation2.292.082.182.320.70
Interest1.520.821.141.120.48
Profit before tax10.466.744.9111.4910.60
Tax1.512.120.883.432.70
Net profit8.954.623.648.077.90
Net profit margin+8.5%+3.8%+3.6%+6.9%+13.7%
EPS (₹)3.711.931.683.3628.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital23.9523.9523.9523.956.72
Reserves & surplus88.5779.9765.7265.667.90
Shareholders' funds (net worth)11310489.6789.6114.62
Secured loans11.254.369.216.358.30
Unsecured loans0.000.003.7517.6028.02
Total debt11.254.3612.9623.9536.32
Total liabilities12411010311450.95
Assets
Gross block30.8025.9024.4022.1718.07
Net block21.5218.8519.3519.1617.37
Capital work in progress0.002.370.000.000.00
Investments24.3616.5933.9415.262.96
Inventories23.7010.2912.1413.479.05
Sundry debtors33.2134.9643.6038.2441.73
Cash & bank balances0.470.510.4029.266.24
Loans & advances9.006.912.269.253.66
Total current assets66.3852.6758.4090.2260.68
Total current liabilities41.9726.6023.6616.5730.31
Net working capital24.4126.0734.7473.6530.37
Total assets12411010311450.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash0.510.4029.266.240.23
Net cash from operating activities6.7111.3315.47(10.36)(13.22)
Net cash from investing activities(21.46)(14.90)(27.92)(20.06)1.05
Net cash from financing activities14.713.68(16.40)53.4418.18
Net change in cash(0.04)0.11(28.86)23.026.01
Closing cash0.470.510.4029.266.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth-12.5%+18.2%-12.9%+102.6%-
EBITDA growth-25.4%+55.5%-66.7%+28.4%-
PBT growth+55.2%+37.3%-57.3%+9997.0%+9997.0%
Net income growth+93.7%+26.9%-54.9%+2.2%-
Revenue CAGR (3Y)-3.4%+27.8%---
EBITDA CAGR (3Y)-27.2%-12.8%---
Profitability & leverage
Net income margin+8.5%+3.8%+4.0%+6.9%+13.7%
Return on capital employed-+7.5%+5.1%+15.3%+52.2%
Return on net worth-+5.0%+4.1%+15.5%+129.7%
Debt / equity-0.090.210.582.48
Long-term debt / equity-0.040.150.401.47
Interest cover44.4414.7241.618.984.44
Efficiency & per share
Fixed asset turnover-4.784.375.807.65
Inventory turnover-10.727.9410.3715.28
Debtors turnover-2.772.492.923.31
EPS (₹)3.711.931.683.3628.21
Dividend per share (₹)0.000.000.500.500.00
Book value per share (₹)0.0039.2437.4437.4121.75

To see the full year-wise statements and ratios of Vital Chemtech Limited, buy the company report.

Board of directors of Vital Chemtech Limited

Vital Chemtech has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vipul Bhatt
Also directs: Vital Wellness Limited, Vital Alkoxides Private Limited, Vital Synthesis Limited
Managing Director25 Nov 20214 Years 11 MonthsCurrent
Jay Bhatt
Also directs: Vital Wellness Limited, Vital Alkoxides Private Limited, Vital Synthesis Limited and 1 more
Whole-Time Director25 Nov 20214 Years 11 MonthsCurrent
Sangeeta Vipul Bhatt
Also directs: Vital Wellness Limited, Vital Synthesis Limited
Director25 Nov 20214 Years 11 MonthsCurrent
Deepakkumar Kushalchandra ChaubisaDirector03 Jun 20224 Years 5 MonthsCurrent
Ajay Kumar AgrawalDirector29 Mar 20251 Years 7 MonthsCurrent
Vivek Dinesh Nathwani
Also directs: VMS TMT Limited, Solarium Green Energy Limited
Director30 May 20251 Years 5 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹90.34 Cr
Satisfied charges
₹40.32 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹46.23 Cr
Others₹39.96 Cr
Small Industries Development Bank of India₹4.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jun 2026101313746Hdfc Bank Limited₹1.73 CrOpen
10 Jun 2026101326477Others₹96.28 LakhOpen
02 Sep 2025101160759Others₹39 CrOpen
06 Jun 2022100585037Hdfc Bank Limited₹44.5 CrOpen
14 Sep 2021100480781Small Industries Development Bank of India₹4.15 CrOpen

To see the full charge records of Vital Chemtech Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Vital Chemtech Limited has 10 deals on record (7 market trades, 2 funding rounds, 1 ipo), with disclosed funding of ₹13.53 Cr; the latest was in February 2025.

Total deals
10
Market trades
7
Funding rounds
2
IPO
1
Disclosed funding
₹13.53 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Feb 2025Market trade₹84.6 LakhBuyer: Craft Emerging Market Fund Pcc- Elite Capital Fund
Seller: V Joshi Impex Private Limited
Feb 2025Market trade₹99.1 LakhBuyer: Craft Emerging Market Fund Pcc- Elite Capital Fund
Seller: V Joshi Impex Private Limited
Mar 2023Market trade₹1.17 CrSeller: Sambhavnath Investments and Finances Private Limited
Mar 2023Market trade₹1.26 CrBuyer: Sambhavnath Investments and Finances Private Limited
Seller: Sunflower Broking Private Limited
Nov 2022Market trade₹7.96 CrSeller: Navi Finserv Private Limited, Rajasthan Global Securities Private Limited , Moneywise Financial Services Private Limited

To see the full deal history of Vital Chemtech Limited, buy the company report.

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 Vital Chemtech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vital Chemtech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAICV4201F1ZQGujaratActive25 Nov 2021

To see the full GST registrations and return filing status of Vital Chemtech Limited, buy the company report.

Recent activity

Vital Chemtech Limited has 13 board changes on record since 2021: 6 appointments and 7 cessations. The latest: Ajay Kumar Agrawal ceased to be Additional Director on 26 Sep 2025.

Charges
A charge with Hdfc Bank Limited of Rs. 44.50 Cr registered on 06 Jun 2022 with Charge ID 100585037 was modified on 16 Sep 2026.
Charges
A charge with Others of Rs. 39.00 Cr registered on 02 Sep 2025 with Charge ID 101160759 was modified on 10 Sep 2026.
Charges
A charge with Others of Rs. 0.96 Cr registered on 10 Jun 2026 with Charge ID 101326477 was modified on 24 Jun 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.73 Cr with Charge ID 101313746 was registered on 18 Jun 2026.
Charges
A charge with Others amounted to Rs. 0.96 Cr with Charge ID 101326477 was registered on 10 Jun 2026.
Filing
Vital Chemtech Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 06 Dec 2022 via Charge ID 100654790 with Hdfc Bank Limited was fully satisfied on 07 Mar 2026.
AGM
Vital Chemtech Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Ceased
Ajay Kumar Agrawal ceased to be Additional Director.
Ceased
Vivek Dinesh Nathwani ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 39.00 Cr with Charge ID 101160759 was registered on 02 Sep 2025.
Ceased
Suneel Mundra ceased to be Additional Director.

17 earlier events are in the company report.

News

Frequently asked questions

Vital Chemtech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 25 November 2021 (5+ years old) and is registered under CIN L24299GJ2021PLC127538. Listed on NSE: VITAL.

Vital Chemtech reported revenue of ₹126.44 Cr for FY 2025-26 (down 5.6% YoY) based on consolidated financials.

Vital Chemtech has 6 current directors:

The latest financial statements of Vital Chemtech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Vital Chemtech is 24AAICV4201F1ZQ, registered in Gujarat.

The CIN (Corporate Identification Number) of Vital Chemtech is L24299GJ2021PLC127538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Vital Chemtech is a listed company as per MCA records. Its shares are listed on NSE (symbol: VITAL).

Vital Chemtech has 15 court cases on record: 14 filed by the company and 1 filed against it. 8 are pending. Most are in the district courts.

Vital Chemtech was incorporated on 25 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Vital Chemtech has 10 deals on record (7 market trades, 2 funding rounds, 1 ipo), with disclosed funding of ₹13.53 Cr; the latest was in February 2025.