About Vital Laboratories Private Limited
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Vital Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 19 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1998PTC113058. Its GSTIN is 27AAACV3964F2Z7 (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.11 Cr. It was formerly known as Vital Health Care Private Limited and Vital Health Care Pvt Ltd. It is led by directors including Rajiv Shrigopal Bajaj and Shrigopal Rangnath Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Plot No. 48 Service Road Western Express Highway Vile Parle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹357.13 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1 Cr (net margin -0.3%) and EBITDA of ₹46.53 Cr (EBITDA margin 13%). Revenue has declined at a compounded annual rate (CAGR) of 2% over five years.
The company has about 630 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vital Laboratories and Vital Health Care. As per MCA filings, the company has open charges of ₹783.14 Cr and satisfied charges of ₹114.68 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vitallab.com.
Company details
Name history
Vital Laboratories has undergone 2 name changes throughout its history. The company was previously known as Vital Health Care Private Limited, and Vital Health Care Pvt Ltd. The current legal name is Vital Laboratories Private Limited.
| Company Name | Status |
|---|---|
| Vital Laboratories Private Limited | Current |
| Vital Health Care Private Limited | Previous |
| Vital Health Care Pvt Ltd | Previous |
CIN history
Vital Laboratories has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24100MH1998PTC113058, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH1998PTC113058 | Current |
| U24230MH1998PTC113058 | Previous |
| U74110MH1998PTC113058 | Previous |
Contact details
Vital Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its website is vitallab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Plot No. 48 Service Road Western Express Highway Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryPharma, API Manufacturers
To see the full contact details of Vital Laboratories Private 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
Vital Laboratories operates two associated brands: Vital Laboratories and Vital Health Care. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Vital Laboratories is engaged in manufacturing active pharmaceutical ingredients. | vitallab.com | |
| Manufacturing and exporting of active pharmaceutical ingredients. | vitalhealthcare.net |
Business activity
The main business activity of Vital Laboratories 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 Vital Laboratories Private Limited, buy the company report.
Financials of Vital Laboratories Private Limited
FY 2025 filings availableVital Laboratories Private Limited reported revenue of ₹357.13 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 5% 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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| EBITDA | ₹46.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1 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 | 13% | ||||
| Net Profit Margin | -0.3% | ||||
| 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 Vital Laboratories Private Limited, buy the company report.
Board of directors of Vital Laboratories Private Limited
Vital Laboratories has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Shrigopal Bajaj | Director | 31 Mar 2001 | 25 Years 7 Months | Current |
| Shrigopal Rangnath Bajaj | Director | 31 Mar 2001 | 25 Years 7 Months | Current |
| Kintubhai Madhabhai Bhutaka | Director | 04 Dec 2024 | 1 Years 11 Months | Current |
Peer comparison
Vital Laboratories Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (API Manufacturers), 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 |
|---|---|---|---|---|---|---|
| M. J. Biopharm Private Limited | ₹367.26 Cr (FY 2025) | 24.0% | Pune, Maharashtra, India | |||
| Oneiro Lifecare Private Limited | ₹366.81 Cr (FY 2025) | 14.0% | Vadodara, Gujarat, India | |||
| Kopran Research Laboratories Limited | ₹365.89 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Zydus Takeda Healthcare Private Limited | ₹361.57 Cr (FY 2025) | -54.0% | Navi Mumbai, Maharashtra, India | |||
| R.L.Fine Chem Private Limited | ₹360.48 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Vital Laboratories Private Limitedthis company | ₹357.13 Cr (FY 2025) | -₹1 Cr | -0.3% | 7.0% | 630 | Mumbai, Maharashtra, India |
To see the full peer comparison of Vital Laboratories Private Limited, buy the company report.
Auditor
Vital Laboratories Private Limited is audited by SHANTILAL CHANDALIYA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANTILAL CHANDALIYA AND COMPANY | FY 2023 | 109908W |
Shareholding
The shareholding of Vital Laboratories Private Limited 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 Vital Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101179306 | Others | ₹4.5 Cr | Open | |
| 30 Sep 2025 | 101162544 | Others | ₹18.5 Cr | Open | |
| 27 Sep 2025 | 101163404 | Yes Bank Limited | ₹33.5 Cr | Open | |
| 19 Sep 2025 | 101168389 | Others | ₹35.55 Cr | Open | |
| 29 Jul 2024 | 100953515 | Others | ₹50 Lakh | Open |
To see the full charge records of Vital Laboratories Private Limited, buy the company report.
Total charge records: 48 View all charges
Legal cases
Vital Laboratories Private Limited has 2 court cases on record: 1 filed by Vital Laboratories, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Jaipur Golden Transport Company Pvt Ltd Official Signatory Devendrarai Dilbagrai Ghai | Pending |
| High Court, CHHATTISGARH | Writ petition | Filed by the company against Chhattisgarh Medical Services Corporation Ltd, and 1 other | Pending |
To see the full case history of Vital Laboratories Private 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.
Credit ratings & regulatory alerts
Vital Laboratories Private Limited was last rated by Crisil on 07 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Oct 2020 |
To see the full credit ratings and regulatory alerts of Vital Laboratories Private Limited, buy the company report.
MSME payment delays
Vital Laboratories Private Limited has 34 MSME Form 1 returns on record between 2016 and 2024, listing 6,610 overdue payments to 160 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 160)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| As Per Annexure Attached | |||
| an individual supplier | |||
| an individual supplier | |||
| M K Precision Metal Parts Pvt Ltd | |||
| Rototech Engineering Systems |
To see the full MSME payment records of Vital Laboratories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vital Laboratories Private Limited has a workforce of 630 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Vital Laboratories has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3964F2Z7 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACV3964F1ZE | Gujarat | Active | 01 Jul 2017 |
| 26AAACV3964F1ZA | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Vital Laboratories Private Limited, buy the company report.
Recent activity
Vital Laboratories Private Limited has 11 board changes on record since 2001: 7 appointments and 4 cessations. The latest: Kintubhai Madhabhai Bhutaka was appointed as Director on 04 Dec 2024.
74 earlier events are in the company report.
News
Frequently asked questions
Vital Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 19 January 1998 (28+ years old) and is registered under CIN U24100MH1998PTC113058.
Vital Laboratories has 3 current directors:
- Rajiv Shrigopal Bajaj - Director
- Shrigopal Rangnath Bajaj - Director
- Kintubhai Madhabhai Bhutaka - Director
The latest financial statements of Vital Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vital Laboratories is 27AAACV3964F2Z7, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAACV3964F1ZE (Gujarat), 26AAACV3964F1ZA (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Vital Laboratories is U24100MH1998PTC113058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vital Laboratories has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Vital Laboratories was incorporated on 19 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vital Laboratories by revenue are M. J. Biopharm Private Limited, Oneiro Lifecare Private Limited, Kopran Research Laboratories Limited, Zydus Takeda Healthcare Private Limited, R.L.Fine Chem Private Limited, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kintubhai Madhabhai Bhutaka was appointed as Director on 04 Dec 2024. Laltaprasad Shreenath Maurya ceased to be Director on 23 Nov 2024. Anil Balkrishna Ghogare ceased to be Director on 23 Oct 2021. Vital Laboratories has 11 board changes on record in total.
Vital Laboratories has 34 MSME Form 1 returns on record between 2016 and 2024, listing 6,610 overdue payments to 160 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Vital Laboratories can be reached through the website vitallab.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vital Laboratories is at 2nd Floor Plot No. 48 Service Road Western Express Highway Vile Parle East, Mumbai, Maharashtra, India – 400057.
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