About Zydus Vtec Limited
Data last updated:
Zydus Vtec Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Zydus Lifesciences Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 08 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85100GJ2020PLC116282. Its GSTIN is 24AABCZ5857G1Z3 (Gujarat).
The company has an authorised share capital of ₹320 Cr and a paid-up capital of ₹306.5 Cr. It is led by directors including Pranjaljyoti Sharma (Whole-Time Director) and Ganesh Narayan Nayak.
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Zydus Corporate Park Scheme No. 63 Survey No. 536 Nr. Vaishnodevi Circle, Ahmedabad, Gujarat, India – 382481.
As per the financials filed for FY 2023, the company reported a revenue of ₹202.54 Cr, a growth of 148% compared to the previous year. For the same year it recorded a net loss of ₹2.63 Cr (net margin -1.3%) and EBITDA of ₹50.63 Cr (EBITDA margin 25%).
The company has about 166 employees on its provident fund (EPFO) records.
The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹299 Cr; the latest was in July 2023. The company has 2 MSME Form 1 returns on record between 2021 and 2022, listing 6 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zyduscadila.com.
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- Registered AddressZydus Corporate Park Scheme No. 63 Survey No. 536 Nr. Vaishnodevi Circle, Ahmedabad, Gujarat, India – 382481
- IndustryPharma, Drug Formulation & Development
- 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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Financials of Zydus Vtec Limited
FY 2025 filings availableZydus Vtec Limited reported revenue of ₹202.54 Cr (up 148% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 148% in the latest year. EBITDA rose 83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2020-21 to FY 2021-22in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹202.54 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹50.63 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹2.63 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 2020-21 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 25% | |
| Net Profit Margin | -1.3% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2021-22, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Zydus Vtec are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Zydus Vtec Limited
Zydus Vtec has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Narayan Nayak Also directs: Zydus Wellness Limited, Zydus Lifesciences Limited, Zydus Hospira Oncology Private Limited and 2 more | Director | 04 Apr 2022 | 4 Years 6 Months | Current |
| Pranjaljyoti Sharma | Whole-Time Director | 13 Jul 2023 | 3 Years 3 Months | Current |
| Vishal Jyotindra Gor Also directs: Sterling Biotech Limited, Biochem Pharmaceutical Private Limited, Zydus Global Treasury Centre Ifsc Limited and 2 more | Director | 08 Sep 2020 | 6 Years 1 Months | Current |
| Sujatha Rajesh | Director | 13 Jul 2023 | 3 Years 3 Months | Current |
| Keyur Anilkumar Parekh Also directs: Zydus Medtech Private Limited, Sterling Biotech Limited | Director | 08 Sep 2020 | 6 Years 1 Months | Current |
| Kapil Maithal | Director | 08 Sep 2020 | 6 Years 1 Months | Current |
Auditor Details
Zydus Vtec Limited is audited by MUKESH M. SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKESH M. SHAH & CO. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Zydus Vtec Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Zydus Vtec Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹299 Cr; the latest was in July 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Funding round | ₹299 Cr | Investors: Zydus Lifesciences Limited |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: Zydus Lifesciences Limited & Harish R Sadana, Zydus Lifesciences Limited & Mukund Thakkar, Zydus Lifesciences Limited & Upen H Shah Seller: Cadila Healthcare Limited & Pankaj Ramanbhai Patel, Cadila Healthcare Limited & Sharvil Pankajbhai Patel, Cadila Healthcare Limited & Nitinkumar Dalsukhray Parekh |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays
Zydus Vtec Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 6 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sujata Chemicals | •••• | •••• | •••• |
| Pima Controls Pvt Ltd | •••• | •••• | •••• |
| Eks Filter Technik India Private Limited | •••• | •••• | •••• |
| Citizen Industries Private Limited | •••• | •••• | •••• |
| Adam Fabriwerk Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Zydus Vtec Limited has a workforce of 166 employees as of Mar 30, 2024.
: available in the company report
Recent Activity
Zydus Vtec Limited has 9 board changes on record since 2020: 7 appointments and 2 cessations. The latest: Sujatha Rajesh ceased to be Additional Director on 16 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Zydus Vtec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCZ5857G1Z3 | Gujarat | Active | 08 Sep 2020 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Zydus Vtec is an active public limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 08 September 2020 (6+ years old) and is registered under CIN U85100GJ2020PLC116282.
Zydus Vtec has 7 current directors:
- Pranjaljyoti Sharma - Whole-Time Director
- Ganesh Narayan Nayak - Director
- Vishal Jyotindra Gor - Director
- Sujatha Rajesh - Director
- Keyur Anilkumar Parekh - Director
- Kapil Maithal - Director
- Vibhor Saraswat - Director
The latest financial statements of Zydus Vtec on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 August 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Zydus Vtec is 24AABCZ5857G1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Zydus Vtec is U85100GJ2020PLC116282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zydus Vtec was incorporated on 08 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Zydus Vtec has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹299 Cr; the latest was in July 2023.
Sujatha Rajesh ceased to be Additional Director on 16 Jul 2023. Pranjaljyoti Sharma was appointed as Whole-Time Director on 13 Jul 2023. Sujatha Rajesh was appointed as Director on 13 Jul 2023. Zydus Vtec has 9 board changes on record in total.
Zydus Vtec has 2 MSME Form 1 returns on record between 2021 and 2022, listing 6 overdue payments to 5 micro and small suppliers. The latest return was filed on 22 Apr 2022.
Zydus Vtec can be reached through the website zyduscadila.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Zydus Vtec is at Zydus Corporate Park Scheme No. 63 Survey No. 536 Nr. Vaishnodevi Circle, Ahmedabad, Gujarat, India – 382481.