MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0000290
Revenue · FY 2025
₹27.09 Cr
▲ 6% YoY
Net loss · FY 2025
₹88.87 Lakh
Net margin -3.3%
EBITDA · FY 2025
₹1.1 Cr
EBITDA margin 4.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹3.19 Cr
Issued & subscribed
Open charges
₹1.52 Cr
Satisfied ₹82 Lakh
Company age
39 yrs
Est. 1987
Directors on board
8
As per MCA filings
About Vadilal Dairy International Limited
Data last updated:
Vadilal Dairy International Limited is a public limited company based in Boisar, Maharashtra, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 20 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L15200MH1997PLC107525. Its GSTIN is 27AABCV0520A1Z3 (Maharashtra). The company holds 3 GST registrations, all of them active. It is recorded as listed by MCA, but trading in its shares on BSE (519451) has been suspended since 01 Oct 2002 · penal reasons, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹3.19 Cr. It is led by directors including Shailesh Ramchandra Gandhi (Managing Director) and Rahil Shailesh Gandhi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. M – 13 MIDC Industrial Area Tarapur Boisar, Maharashtra, India – 401506.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.09 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹88.87 Lakh (net margin -3.3%) and EBITDA of ₹1.1 Cr (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹1.52 Cr and satisfied charges of ₹82 Lakh on record. Court records list 33 cases involving the company, including 9 filed by the company and 24 filed against it; 7 cases are pending.
Vadilal Dairy International Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0000290). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vadilalicecream.com.
Company details
CIN L15200MH1997PLC107525
Registration Number 107525
Incorporation Date 20 July 1987
ROC Mumbai
Listing Status Listed - Suspended on BSE (519451) since 01 Oct 2002 · penal reasons
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0000290
Key People
Shailesh Ramchandra Gandhi Managing Director Rahil Shailesh Gandhi Whole-Time Director Mahesh Yashwant Kelkar Director Recognitions & Rankings of Vadilal Dairy International
Contact details
Vadilal Dairy International Limited's registered office is in Boisar, Maharashtra. Its website is vadilalicecream.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. M – 13 MIDC Industrial Area Tarapur Boisar, Maharashtra, India – 401506
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Vadilal Dairy International Limited, buy the company report.
Comprehensive company report
Vadilal Dairy International 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 Vadilal Dairy International is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Vadilal Dairy International Limited, buy the company report.
Financials of Vadilal Dairy International Limited
FY 2025 filings availableVadilal Dairy International Limited reported revenue of ₹27.09 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹27.09 Cr ▲ 6%
Net loss · FY 2025
₹88.87 Lakh margin -3.3%
EBITDA · FY 2025
₹1.1 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 14%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 29%
5 years · compounded
▼ 5%
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 100% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹88.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 4.1% | ||||
| Net Profit Margin | -3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Vadilal Dairy International Limited, buy the company report.
Board of directors of Vadilal Dairy International Limited
Vadilal Dairy International has 8 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Ramchandra Gandhi | Managing Director | 24 Apr 1997 | 29 Years 6 Months | Current |
| Mahesh Yashwant Kelkar | Director | 26 Dec 2020 | 5 Years 10 Months | Current |
| Belaben Shaileshkumar Gandhi | Director | 14 Aug 2014 | 12 Years 2 Months | Current |
| Rahil Shailesh Gandhi | Whole-Time Director | 14 Feb 2014 | 12 Years 8 Months | Current |
| Ankush Ramchandra Garde | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
| Mahesh Vasudev Pandya | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Vadilal Dairy International Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Dairy, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rich Dairy Farms Private Limited | ₹27.59 Cr (FY 2024) | 28.0% | Chalakkudy, Kerala, India | |||
| Mudhai Dairy Private Limited | ₹27.53 Cr (FY 2018) | 9.0% | Satara, Maharashtra, India | |||
| CG Fermented Food Products Private Limited | ₹27.46 Cr (FY 2025) | -1.0% | Raipur, Chhattisgarh, India | |||
| Vadilal Dairy International Limitedthis company | ₹27.09 Cr (FY 2025) | -₹88.87 Lakh | -3.3% | 6.0% | Boisar, Maharashtra, India | |
| Agni Dairy Industry Private Limited | ₹27.04 Cr (FY 2025) | 1.0% | Indore, Madhya Pradesh, India | |||
| Sonakshi Milk Products Private Limited | ₹27 Cr (FY 2024) | 99.0% | Pune, Maharashtra, India | |||
| Sujata Dairy Products Private Limited | ₹26.94 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| Uma Dairy Private Limited | ₹26.68 Cr (FY 2025) | 10.0% | Begusarai, Bihar, India |
To see the full peer comparison of Vadilal Dairy International Limited, buy the company report.
Auditor
Vadilal Dairy International Limited is audited by PVM &Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PVM &Company | FY 2023 | 145449W |
Shareholding
The shareholding of Vadilal Dairy International 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 Vadilal Dairy International Limited, buy the company report.
Charges & borrowings
Open charges
₹1.52 Cr
Satisfied charges
₹82 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2017 | 100110274 | Tata Capital Financial Services Limited | ₹1.5 Cr | Open | |
| 23 Mar 1981 | 90376985 | The Aasam Indsutrial Development Corporation | ₹2.39 Lakh | Open | |
| 23 Dec 1994 | 90386169 | Sicom Limited | ₹82 Lakh | Satisfied |
To see the full charge records of Vadilal Dairy International Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Vadilal Dairy International Limited has 33 court cases on record: 9 filed by Vadilal Dairy International, 24 filed against it. 7 cases are pending and 26 are disposed.
Total cases
33
Filed by the company
9
Filed against the company
24
Pending
7
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 20 | 6 |
| High courts | 4 | 4 | 1 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Hindustan Unilever Limited | Pending |
| High Court, MAHARASHTRA | Court case (CAF) | Filed against the company by Ashoka Buildcon Pvt.Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Gujarat Agro Industries Corporation Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Gujarat Agro Industries Corporation Limited | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against Ashoka Buildcon Pvt.Ltd. | Disposed |
To see the full case history of Vadilal Dairy International 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 Vadilal Dairy International Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vadilal Dairy International has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV0520A1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 29AABCV0520A1ZZ | Karnataka | Active | 03 Nov 2017 |
| 36AABCV0520A1Z4 | Telangana | Active | 06 Dec 2017 |
To see the full GST registrations and return filing status of Vadilal Dairy International Limited, buy the company report.
Recent activity
Vadilal Dairy International Limited has 23 board changes on record since 1997: 16 appointments and 7 cessations. The latest: Umesh Sundarji Rupareliya was appointed as CFO on 21 Jul 2025.
AGM
Vadilal Dairy International Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Umesh Sundarji Rupareliya was appointed as CFO.
Filing
Vadilal Dairy International Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Rhea Shailesh Gandhi was appointed as Director.
Ceased
Kavita Sandeep Pawar ceased to be Director.
Appointed
Sarika Arjun Karande was appointed as Director.
Ceased
Subhashchandra Pandurang Patil ceased to be Director.
Appointed
Kavita Sandeep Pawar was appointed as Director.
Ceased
Sandeep Patil ceased to be Director.
Ceased
Vishnu Barhate Dhango ceased to be Director.
Appointed
Mahesh Yashwant Kelkar was appointed as Director.
Ceased
Uday Anant Sawant ceased to be Company Secretary.
19 earlier events are in the company report.
Frequently asked questions
Vadilal Dairy International is an active public limited company based in Boisar, Maharashtra, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 20 July 1987 (39+ years old) and is registered under CIN L15200MH1997PLC107525.
Vadilal Dairy International has 8 current directors:
- Shailesh Ramchandra Gandhi - Managing Director
- Rahil Shailesh Gandhi - Whole-Time Director
- Mahesh Yashwant Kelkar - Director
- Belaben Shaileshkumar Gandhi - Director
- Ankush Ramchandra Garde - Director
- Mahesh Vasudev Pandya - Director
- Rhea Shailesh Gandhi - Director
- Sarika Arjun Karande - Director
The latest financial statements of Vadilal Dairy International on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vadilal Dairy International is 27AABCV0520A1Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AABCV0520A1ZZ (Karnataka), 36AABCV0520A1Z4 (Telangana).
The CIN (Corporate Identification Number) of Vadilal Dairy International is L15200MH1997PLC107525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vadilal Dairy International is recorded as a listed company by MCA, but trading in its shares on BSE (519451) has been suspended since 01 Oct 2002 · penal reasons, so they do not currently trade on a stock exchange.
Vadilal Dairy International has 33 court cases on record: 9 filed by the company and 24 filed against it. 7 are pending. Most are in the district courts.
Vadilal Dairy International was incorporated on 20 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vadilal Dairy International by revenue are Rich Dairy Farms Private Limited, Mudhai Dairy Private Limited, CG Fermented Food Products Private Limited, Agni Dairy Industry Private Limited, Sonakshi Milk Products Private Limited and 2 more, all in the Food and Beverages industry (Dairy, Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Umesh Sundarji Rupareliya was appointed as CFO on 21 Jul 2025. Rhea Shailesh Gandhi was appointed as Director on 14 Feb 2025. Kavita Sandeep Pawar ceased to be Director on 05 Dec 2024. Vadilal Dairy International has 23 board changes on record in total.
Yes, Vadilal Dairy International is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0000290).