
Vitari Distributors Private Limited
About Vitari Distributors Private Limited
Data last updated:
Vitari Distributors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 29 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1987PTC008702. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.95 Cr. It is led by directors Promilla Neeraj Rawal and Neeraj Manoharlal Rawal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.350 – 27 Situated 6th Main Lakkasandra Extension, Bangalore, Karnataka, India – 560030.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.83 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹2.02 Cr (net margin 52.6%) and EBITDA of ₹79.08 Lakh (EBITDA margin 20.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹27.73 Cr and satisfied charges of ₹84.45 Cr on record. Court records list 38 cases involving the company, including 35 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vitari Distributors has one previous CIN (Corporate Identification Number): U01551KA1987PTC008702. The current CIN is U85110KA1987PTC008702, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1987PTC008702 | Current |
| U01551KA1987PTC008702 | Previous |
Contact details
Vitari Distributors Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.350 – 27 Situated 6th Main Lakkasandra Extension, Bangalore, Karnataka, India – 560030
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Vitari Distributors 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
Financials of Vitari Distributors Private Limited
FY 2023 filings availableVitari Distributors Private Limited reported revenue of ₹3.83 Cr (up 44% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 44% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 355% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹79.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.02 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | 52.6% | ||||
| 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 Vitari Distributors Private Limited, buy the company report.
Board of directors of Vitari Distributors Private Limited
Vitari Distributors has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Promilla Neeraj Rawal Also directs: Span Alcohol and Beverages (India ) LLP, Polaris Liquor Private Limited, Premier Liquor Distributors Private Limited and 2 more | Director | 10 Jan 2022 | 4 Years 9 Months | Current |
| Neeraj Manoharlal Rawal Also directs: Span Alcohol and Beverages (India ) LLP, Polaris Liquor Private Limited, Premier Liquor Distributors Private Limited and 2 more | Director | 29 Oct 1987 | 38 Years 11 Months | Current |
Peer comparison
Vitari Distributors Private Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Dakshin Ampm Stores Private Limited | ₹3.84 Cr (FY 2025) | 95.0% | Hyderabad, Telangana, India | |||
| Inevitable Marketing Limited | ₹3.84 Cr (FY 2022) | 823.0% | Bangalore, Karnataka, India | |||
| S R D Overseas Private Limited | ₹3.84 Cr (FY 2024) | 49.0% | Delhi, India | |||
| Rangooni Food Products Private Limited | ₹3.84 Cr (FY 2025) | 173.0% | Kulti, West Bengal, India | |||
| Vitari Distributors Private Limitedthis company | ₹3.83 Cr (FY 2023) | ₹2.02 Cr | 52.6% | 44.0% | Bangalore, Karnataka, India | |
| Pratigya Enterprises Private Limited | ₹3.83 Cr (FY 2022) | 289.0% | Hisar, Haryana, India | |||
| R L Vegpro Private Limited | ₹3.83 Cr (FY 2025) | -87.0% | Alwar, Rajasthan, India | |||
| Pattanavallil Traders Private Limited | ₹3.82 Cr (FY 2023) | 65.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Vitari Distributors Private Limited, buy the company report.
Shareholding
The shareholding of Vitari Distributors 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 Vitari Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2022 | 100523300 | Others | ₹17.73 Cr | Open | |
| 30 Jul 2016 | 100042791 | Others | ₹10 Cr | Open | |
| 18 Sep 2017 | 100133574 | Others | ₹15.2 Cr | Satisfied | |
| 30 Aug 2016 | 100052117 | Canara Bank | ₹15 Cr | Satisfied | |
| 05 Aug 2015 | 10607042 | Canara Bank Specialised Mid Corporate Branch Deccan Gymkhana Pune | ₹20 Cr | Satisfied |
To see the full charge records of Vitari Distributors Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Vitari Distributors Private Limited has 38 court cases on record: 35 filed by Vitari Distributors, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 3 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Ethnic Cuisines (P) Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Vitari Distributors 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
No delayed payments to MSME suppliers are on our record for Vitari Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vitari Distributors has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Iced Desserts and Food Parlours (India) P.Ltd. | U15544PN1994PTC158290 |
To see the full group structure of Vitari Distributors Private Limited, buy the company report.
Employees & EPFO
Vitari Distributors Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Vitari Distributors 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 Vitari Distributors Private Limited, buy the company report.
Recent activity
Vitari Distributors Private Limited has 6 board changes on record since 1987: 2 appointments and 4 cessations. The latest: Promilla Neeraj Rawal was appointed as Director on 10 Jan 2022.
15 earlier events are in the company report.
Frequently asked questions
Vitari Distributors is an active private limited company based in Bangalore, Karnataka, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 29 October 1987 (39+ years old) and is registered under CIN U85110KA1987PTC008702.
Vitari Distributors has 2 current directors:
- Promilla Neeraj Rawal - Director
- Neeraj Manoharlal Rawal - Director
The latest financial statements of Vitari Distributors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Vitari Distributors has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vitari Distributors is U85110KA1987PTC008702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitari Distributors has 38 court cases on record: 35 filed by the company and 3 filed against it.
Vitari Distributors was incorporated on 29 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vitari Distributors by revenue are Dakshin Ampm Stores Private Limited, Inevitable Marketing Limited, S R D Overseas Private Limited, Rangooni Food Products Private Limited, Pratigya Enterprises Private Limited and 2 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Promilla Neeraj Rawal was appointed as Director on 10 Jan 2022. Promilla Neeraj Rawal ceased to be Director on 03 Apr 2019. Pradeep Rawal ceased to be Director on 15 Jul 2016. Vitari Distributors has 6 board changes on record in total.
The registered office of Vitari Distributors is at No.350 – 27 Situated 6th Main Lakkasandra Extension, Bangalore, Karnataka, India – 560030.
Vitari Distributors operates in the food and beverages industry, in the food and beverage retail and distribution segment.