Vithai Pharmaceuticals Private Limited
About Vithai Pharmaceuticals Private Limited
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Vithai Pharmaceuticals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2004PTC146005. Its GSTIN is 27AACCV1921G1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shekhar Laxman Chandorkar and Saroj Shekhar Chandorkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 201 Indraprastha Aptssalvi Wadi Mithagar Road Mulund (E), Mumbai, Maharashtra, India – 400081.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.12 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.8 Lakh (net margin 8.6%) and EBITDA of ₹7.5 Lakh (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vithai Pharmaceuticals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 201 Indraprastha Aptssalvi Wadi Mithagar Road Mulund (E), Mumbai, Maharashtra, India – 400081
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Vithai Pharmaceuticals 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
Business activity
The main business activity of Vithai Pharmaceuticals 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 Vithai Pharmaceuticals Private Limited, buy the company report.
Financials of Vithai Pharmaceuticals Private Limited
FY 2024 filings availableVithai Pharmaceuticals Private Limited reported revenue of ₹56.12 Lakh (up 173% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 173% growth in the latest year. EBITDA rose 194% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.5 Lakh | ||||
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| Net Profit (PAT) | ₹4.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 8.6% | ||||
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To see the full financial statements and ratios of Vithai Pharmaceuticals Private Limited, buy the company report.
Board of directors of Vithai Pharmaceuticals Private Limited
Vithai Pharmaceuticals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Laxman Chandorkar | Director | 30 Apr 2004 | 22 Years 6 Months | Current |
| Saroj Shekhar Chandorkar | Director | 30 Apr 2004 | 22 Years 6 Months | Current |
Auditor
Vithai Pharmaceuticals Private Limited is audited by ANAND MUKUL ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND MUKUL ASSOCIATES | FY 2020 | 115985W |
Shareholding
The shareholding of Vithai Pharmaceuticals Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vithai Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2012 | 10355362 | Others | ₹20 Lakh | Open |
To see the full charge records of Vithai Pharmaceuticals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vithai Pharmaceuticals Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra Through Smt Rajshri Deepak Shinde Drug Inspector | Pending |
To see the full case history of Vithai 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
No delayed payments to MSME suppliers are on our record for Vithai Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vithai Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV1921G1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vithai Pharmaceuticals Private Limited, buy the company report.
Recent activity
Vithai Pharmaceuticals Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Deepak Laxman Chandorkar ceased to be Director on 10 Mar 2018.
Frequently asked questions
Vithai Pharmaceuticals is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 April 2004 (22+ years old) and is registered under CIN U24230MH2004PTC146005.
Vithai Pharmaceuticals has 2 current directors:
- Shekhar Laxman Chandorkar - Director
- Saroj Shekhar Chandorkar - Director
The latest financial statements of Vithai Pharmaceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vithai Pharmaceuticals is 27AACCV1921G1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vithai Pharmaceuticals is U24230MH2004PTC146005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vithai Pharmaceuticals has 1 court case on record: 1 filed against it. 1 is pending.
Vithai Pharmaceuticals was incorporated on 30 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Laxman Chandorkar ceased to be Director on 10 Mar 2018. Vijaya Laxman Chandorkar ceased to be Director on 10 Mar 2018. Saroj Shekhar Chandorkar was appointed as Director on 30 Apr 2004. Vithai Pharmaceuticals has 4 board changes on record in total.
The registered office of Vithai Pharmaceuticals is at B – 201 Indraprastha Aptssalvi Wadi Mithagar Road Mulund E, Mumbai, Maharashtra, India – 400081.
Vithai Pharmaceuticals operates in the pharma industry, in the drug formulation and development segment.
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