MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0202027
Vitane Pharmaceuticals Private Limited - pharma in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹96.05 Cr
▼ 3% YoY
Net profit · FY 2025
₹2.5 Cr
Net margin 2.6%
EBITDA · FY 2025
₹5.35 Cr
EBITDA margin 5.6%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹15.27 Cr
Issued & subscribed
Open charges
₹27.96 Cr
Satisfied ₹35 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
22
Provident fund records
About Vitane Pharmaceuticals Private Limited
Data last updated:
Vitane Pharmaceuticals Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 23 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH2006PTC163987. Its GSTIN is 27AACCV3000C1Z1 (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.27 Cr. It is led by directors Mohammed Hussain Sadiq and Mirza Sajjad Baig.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.05 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.5 Cr (net margin 2.6%) and EBITDA of ₹5.35 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 52% over five years.
The company has about 22 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹27.96 Cr and satisfied charges of ₹35 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹16.92 Cr; the latest was in December 2018. Its 5 peer companies in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Vea Impex (I) Private Limited with revenue of ₹96.93 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 16 overdue payments to 16 micro and small suppliers.
Vitane Pharmaceuticals Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0202027). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vitanepharma.com.
Company details
CIN U24239MH2006PTC163987
Registration Number 163987
Incorporation Date 23 August 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0202027
Recognitions & Rankings of Vitane Pharmaceuticals
Contact details
Vitane Pharmaceuticals Private Limited's registered office is in Thane, Maharashtra. Its website is vitanepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBhoomi Velocity 601 6th Floor Plot No.B – 39 B – 39A & B – 39A1 Road No. 23 MIDC. Wag, Le Estate, Thane, Maharashtra, India – 400604
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Vitane Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Vitane Pharmaceuticals Private 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 Vitane Pharmaceuticals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vitane Pharmaceuticals Private Limited, buy the company report.
Financials of Vitane Pharmaceuticals Private Limited
FY 2025 filings availableVitane Pharmaceuticals Private Limited reported revenue of ₹96.05 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹96.05 Cr ▼ 3%
Net profit · FY 2025
₹2.5 Cr margin 2.6%
EBITDA · FY 2025
₹5.35 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 8%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 38%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA rose 67% 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 | ₹5.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.5 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 5.6% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vitane Pharmaceuticals Private Limited, buy the company report.
Board of directors of Vitane Pharmaceuticals Private Limited
Vitane Pharmaceuticals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Hussain Sadiq | Director | 23 Aug 2006 | 20 Years 2 Months | Current |
| Mirza Sajjad Baig Also directs: Intracell Therapeutics Private Limited, Vitane Biologics Private Limited, M.S.B Agritech Private Limited and 2 more | Director | 30 May 2012 | 14 Years 4 Months | Current |
Peer comparison
Vitane Pharmaceuticals Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vea Impex (I) Private Limited | ₹96.93 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Medico Intercontinental Limited | ₹96.37 Cr (FY 2025) | 34.0% | Ahmedabad, Gujarat, India | |||
| Vitane Pharmaceuticals Private Limitedthis company | ₹96.05 Cr (FY 2025) | ₹2.5 Cr | 2.6% | -3.0% | 22 | Thane, Maharashtra, India |
| Fulford (India) Private Limited | ₹95.86 Cr (FY 2025) | 50.0% | Mumbai, Maharashtra, India | |||
| Rohan Pharma Private Limited | ₹95.01 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Paras Medical Agency Private Limited | ₹94.68 Cr (FY 2025) | 9.0% | Dombivli East, Maharashtra, India |
To see the full peer comparison of Vitane Pharmaceuticals Private Limited, buy the company report.
Shareholding
The shareholding of Vitane Pharmaceuticals 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 Vitane Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.96 Cr
Satisfied charges
₹35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2024 | 100999587 | State Bank of India | ₹22 Cr | Open | |
| 20 Feb 2018 | 100160693 | Others | ₹2.64 Cr | Open | |
| 16 Mar 2016 | 100018473 | Others | ₹3.32 Cr | Open | |
| 20 Dec 2016 | 100115466 | Others | ₹35 Cr | Satisfied |
To see the full charge records of Vitane Pharmaceuticals Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Vitane Pharmaceuticals Private Limited has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹16.92 Cr; the latest was in December 2018.
Total deals
7
Rights issues
3
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹16.92 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Funding round | ₹15.05 Cr | Investors: Peace World General Trading LLC |
| Apr 2018 | Rights issue | ₹45.7 Lakh | Investors: an individual |
| Feb 2017 | Rights issue | ₹10.29 Cr | Investors: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2014 | Rights issue | ₹9.9 Cr | Investors: an individual |
To see the full deal history of Vitane Pharmaceuticals Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vitane Pharmaceuticals Private Limited has 4 court cases on record: 1 filed by Vitane Pharmaceuticals, 3 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Court case (COS) | Filed against the company by Gland Pharma Limited | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 4Others and 4 others | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by individuals | Disposed |
| District court, KOPPAL, Karnataka | Criminal miscellaneous application | Filed against the company by State at the Instance of Drugs Inspector Koppal Circle, Koppal | Disposed |
To see the full case history of Vitane Pharmaceuticals 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.
MSME payment delays
Vitane Pharmaceuticals Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 16 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Omkar Traders R & D | |||
| Peersan Aircon Systems. | |||
| Vision India Sales and Services | |||
| Shubh Flavour and Fragrances Private Limited |
To see the full MSME payment records of Vitane Pharmaceuticals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vitane Pharmaceuticals has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Intracell Therapeutics Private Limited | U24100MH2013PTC240329 | |
| Vitane Biologics Private Limited | U74999TG2006PTC051463 |
To see the full group structure of Vitane Pharmaceuticals Private Limited, buy the company report.
Employees & EPFO
Vitane Pharmaceuticals Private Limited has a workforce of 22 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
22
Active EPFO establishments
1
Employee growth
-12%
GST
Vitane Pharmaceuticals has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV3000C1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vitane Pharmaceuticals Private Limited, buy the company report.
Recent activity
Vitane Pharmaceuticals Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Vijay Mukesh Thakkar ceased to be Company Secretary on 04 Nov 2022.
AGM
Vitane Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vitane Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India amounted to Rs. 22.00 Cr with Charge ID 100999587 was registered on 16 Oct 2024.
Ceased
Vijay Mukesh Thakkar ceased to be Company Secretary.
Charges
A charge registered on 20 Dec 2016 via Charge ID 100115466 with Others was fully satisfied on 12 Apr 2021.
Charges
A charge with Others of Rs. 2.64 Cr registered on 20 Feb 2018 with Charge ID 100160693 was modified on 24 Jul 2020.
Charges
A charge with Others amounted to Rs. 2.64 Cr with Charge ID 100160693 was registered on 20 Feb 2018.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100115466 was registered on 20 Dec 2016.
Charges
A charge with Others amounted to Rs. 3.32 Cr with Charge ID 100018473 was registered on 16 Mar 2016.
Ceased
Mohameed Mohameed Iqbal Mohammed Hassan ceased to be Director.
Appointed
Mirza Sajjad Baig was appointed as Director.
Appointed
Mohammed Hussain Sadiq was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Vitane Pharmaceuticals is an active private limited company based in Thane, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 23 August 2006 (20+ years old) and is registered under CIN U24239MH2006PTC163987.
Vitane Pharmaceuticals has 2 current directors:
- Mohammed Hussain Sadiq - Director
- Mirza Sajjad Baig - Director
The latest financial statements of Vitane Pharmaceuticals 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 Vitane Pharmaceuticals is 27AACCV3000C1Z1, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vitane Pharmaceuticals is U24239MH2006PTC163987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitane Pharmaceuticals has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Vitane Pharmaceuticals was incorporated on 23 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Vitane Pharmaceuticals has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹16.92 Cr; the latest was in December 2018.
The peers of Vitane Pharmaceuticals by revenue are Vea Impex (I) Private Limited, Medico Intercontinental Limited, Fulford (India) Private Limited, Rohan Pharma Private Limited, Paras Medical Agency Private Limited, all in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading).
Vijay Mukesh Thakkar ceased to be Company Secretary on 04 Nov 2022. Mohameed Mohameed Iqbal Mohammed Hassan ceased to be Director on 13 Jun 2012. Mirza Sajjad Baig was appointed as Director on 30 May 2012. Vitane Pharmaceuticals has 4 board changes on record in total.
Yes, Vitane Pharmaceuticals is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0202027).
Vitane Pharmaceuticals has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 16 overdue payments to 16 micro and small suppliers. The latest return was filed on 03 Jul 2024.