Virupaksha Organics Limited

Manufacturer of organic chemicals, including fluconazole and fexofenadine, with FDA and JPMDA approved facility.

1997 | Hyderabad, Telangana (India) | Active
Last Updated:

Virupaksha Organics Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 41.02 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 304.83 Cr
  • Satisfied Charges ₹ 80.12 Cr
  • Revenue Growth 36.33%
  • Profit Growth 150.16%
  • Ebitda 115.36%
  • Net Worth 25.06%
  • Total Assets 19.21%

About Virupaksha Organics

Virupaksha Organics Limited (VOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 November 1997 and has a history of 27 years and four months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Drk Chemicals Private Limited. The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 41.02 Cr.

The company currently has active open charges totaling ₹304.83 Cr. The company has closed loans amounting to ₹80.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Virupaksha Organics Limited India are Vikas Kurada as COMPANY SECRETARY and Prasad Battinapatla as Cfo. Chandra Gangavaram, Balasubba Mamilla, Vedavathi Gangavaram, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    virupaksha.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110TG1997PLC028281

  • Company No.

    028281

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

What products or services does Virupaksha Organics Limited offer?

Virupaksha Organics Limited offers a wide range of products and services, including Pharma Ingredients & Raw Materials, Anti Inflammatory and Immunosuppressant API, Hormones and Steroid API, Industrial Chemicals & Supplies, Aldehydes, Sexual Wellness Products, Fertility Enhancer, Common Disease Medicines, Steroid, Antihistamines.

Who are the key members and board of directors at Virupaksha Organics?

Executive Team (2)

NameDesignationAppointment DateStatus
Vikas Kurada Company Secretary17-Jun-2023Current
Prasad Battinapatla CFO13-Jun-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Chandra Gangavaram Country flag representing In Director 21-Jul-2003Current
Balasubba Mamilla Country flag representing In Whole-Time Director 03-Nov-1997Current
Vedavathi Gangavaram Country flag representing In Director 04-Jan-2012Current
Janardhana Yeddula Country flag representing In Director 03-Aug-2022Current
Chandrasekhar Gangavaram Country flag representing In Whole-Time Director 04-Jan-2012Current
Shruti Gupta Country flag representing In Director 03-Mar-2021Current

Financial Performance of Virupaksha Organics.

Virupaksha Organics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.33% increase. The company also saw a substantial improvement in profitability, with a 150.16% increase in profit. The company's net worth Soared by an impressive increase of 25.06%.

Virupaksha Organics revenue growth over time
Virupaksha Organics profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
36.33%
Revenue from Operations
35.82%
Total Assets
19.21%
Profit or Loss
150.16%
Net Worth
25.06%
EBITDA
115.36%

What is the Ownership and Shareholding Structure of Virupaksha Organics?

In 2023, Virupaksha Organics had a promoter holding of 74.48% and a public holding of 25.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹304.83 Cr

Satisfied Charges

₹80.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 136.35 Cr
  • State Bank Of India : 96.31 Cr
  • Axis Bank Limited : 71.86 Cr
  • Hdfc Bank Limited : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2024Axis Bank Limited₹5.25 MOpen
09 Feb 2024State Bank Of India₹1.15 CrOpen
04 Jan 2024Axis Bank Limited₹3.20 MOpen
31 Dec 2023Axis Bank Limited₹3.30 MOpen
25 Jan 2023Axis Bank Limited₹4.20 MOpen

How Many Employees Work at Virupaksha Organics?

Virupaksha Organics has a workforce of 708 employees as of Sep 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Virupaksha Organics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virupaksha Organics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Virupaksha Organics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Virupaksha Organics

Recent activity within the organization

  • Director Appointment

    Prasad Reddy Battinapatla was appointed as a Cfo was appointed as a Cfo on 13 Jun 2024 & has been associated with this company since 8 months 21 days .

  • Charges

    A charge registered on 17 Apr 2021 via Charge ID 100455901 with Axis Bank Limited was fully satisfied on 06 Apr 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.52 Cr with Charge ID 100908038 was registered on 31 Mar 2024.

  • Charges

    A charge with Others of Rs. 51.10 Cr registered on 18 Aug 2022 with Charge ID 100614270 was modified on 26 Mar 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.15 Cr with Charge ID 100874907 was registered on 09 Feb 2024.

  • Charges

    A charge with Others of Rs. 14.26 Cr registered on 06 Jan 2022 with Charge ID 100531040 was modified on 12 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Virupaksha Organics Limited?

    Virupaksha Organics Limited was incorporated on 03 Nov 1997.

  • What is authorized share capital and paid-up capital of Virupaksha Organics Limited?

    The authorized share capital of Virupaksha Organics Limited is ₹ 45.00 Cr and paid-up capital is ₹ 41.02 Cr.

  • Who are the current board members & directors of Virupaksha Organics Limited?

    Currently 8 directors are associated with Virupaksha Organics Limited.

    • Chandra Mouliswar Reddy Gangavaram
    • Balasubba Reddy Mamilla
    • Vedavathi Gangavaram
    • Janardhana Reddy Yeddula
    • Chandrasekhar Reddy Gangavaram
    • Shruti Gupta
    • Vikas Kurada
    • Prasad Reddy Battinapatla

  • What is the registered address of Virupaksha Organics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Virupaksha Organics Limited is Plot No B1 & B2 Ida Gandhinagar Kukatpally Medchal Malkajhiri District, Hyderabad, Telangana, India, 500037.

  • What is the corporate identification number (CIN) and company number of Virupaksha Organics Limited?

    The corporate identification number (CIN) of Virupaksha Organics Limited is U24110TG1997PLC028281 and the company number is 028281 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Virupaksha Organics Limited?

    The Official website of Virupaksha Organics Limited is https://www.virupaksha.com

  • What has been the recent revenue trend for Virupaksha Organics Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Virupaksha Organics Limited has risen by 36.33%.

  • How many employees does Virupaksha Organics Limited currently have?

    As Per 2023 financial reports, 708 employees are currently employed by Virupaksha Organics Limited.

  • What change has been observed in the net worth of Virupaksha Organics Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Virupaksha Organics Limited has experienced an upsurge of 25.06%.

  • What are the total open charges for Virupaksha Organics Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Virupaksha Organics Limited amount to ₹ 304.83 Cr.

  • When was the last Balance Sheet of Virupaksha Organics Limited filed with the ROC?

    The most recent Balance Sheet for Virupaksha Organics Limited was filed with the ROC on 31 Mar 2023.

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