Vital Formulations Limited

Produces and sells various pharmaceutical formulations such as capsules, tablets, syrup, drops, and suspension.

1989 | Anand, Gujarat (India) | Active
Last Updated:

Vital Formulations Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.80 Cr
  • Satisfied Charges ₹ 1.95 Cr
  • Revenue Growth 29.47%
  • Profit Growth 242.94%
  • Ebitda 338.32%
  • Net Worth 295.76%
  • Total Assets 3.64%

About Vital Formulations

Vital Formulations Limited (VFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 October 1989 and has a history of 35 years and six months. Its registered office is in Anand, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 1.13 Cr.

The company currently has active open charges totaling ₹7.80 Cr. The company has closed loans amounting to ₹1.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harsh Parikh, Maulin Patel, Janki Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24230GJ1989PLC012903

  • Company No.

    012903

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Vital Formulations Limited offer?

Vital Formulations Limited offers a wide range of products and services, including Common Disease Medicines, Pharmaceutical Tablets, Nutraceuticals & Dietary Supplements, Multivitamin Tablets & Capsules, Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup.

Company report

Vital Formulations Limited

Explore comprehensive data for Vital Formulations Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vital Formulations?

Board Members (4)

NameDesignationAppointment DateStatus
Harsh Parikh Country flag representing In Director 01-Nov-2012Current
Maulin Patel Country flag representing In Director 01-Nov-2012Current
Janki Patel Country flag representing In Director 22-Jul-2013Current
Khyati Parikh Country flag representing In Director 22-Jul-2013Current

Financial Performance of Vital Formulations.

Vital Formulations Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.47% increase. The company also saw a substantial improvement in profitability, with a 242.94% increase in profit. The company's net worth Soared by an impressive increase of 295.76%.

Vital Formulations revenue growth over time
Vital Formulations 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
29.47%
Revenue from Operations
29.47%
Total Assets
3.64%
Profit or Loss
242.94%
Net Worth
295.76%
EBITDA
338.32%

What is the Ownership and Shareholding Structure of Vital Formulations?

In 2023, Vital Formulations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.80 Cr

Satisfied Charges

₹1.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.94 Cr
  • Hdfc Bank Limited : 2.86 Cr

Latest Charge Details

DateLenderAmountStatus
14 Nov 2024Others₹2.22 CrOpen
31 Jul 2024Others₹2.92 MOpen
28 Jan 2020Hdfc Bank Limited₹2.00 CrOpen
10 Dec 2019Hdfc Bank Limited₹8.59 MOpen
09 Oct 2018Others₹1.38 MOpen

How Many Employees Work at Vital Formulations?

Vital Formulations has a workforce of 15 employees as of Apr 04, 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 Vital Formulations Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vital Formulations, 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 Vital Formulations'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 Vital Formulations

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.22 Cr with Charge ID 101006747 was registered on 14 Nov 2024.

  • Annual General Meeting

    Vital Formulations Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.29 Cr with Charge ID 101002299 was registered on 31 Jul 2024.

  • Balance Sheet

    Vital Formulations Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 0.86 Cr registered on 10 Dec 2019 with Charge ID 100313475 was modified on 21 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.00 Cr registered on 28 Jan 2020 with Charge ID 100320234 was modified on 26 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Vital Formulations Limited?

    Vital Formulations Limited was incorporated on 20 Oct 1989.

  • What is authorized share capital and paid-up capital of Vital Formulations Limited?

    The authorized share capital of Vital Formulations Limited is ₹ 6.50 Cr and paid-up capital is ₹ 1.13 Cr.

  • Who are the current board members & directors of Vital Formulations Limited?

    Currently 4 directors are associated with Vital Formulations Limited.

    • Harsh Pankaj Parikh
    • Maulin Dasharathbhai Patel
    • Janki Maulin Patel
    • Khyati Harsh Parikh

  • What is the registered address of Vital Formulations Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vital Formulations Limited is I-146 G I D C Estate Vithaludyognagar Kaira India, Kheda, Gujarat, 388121.

  • What is the corporate identification number (CIN) and company number of Vital Formulations Limited?

    The corporate identification number (CIN) of Vital Formulations Limited is U24230GJ1989PLC012903 and the company number is 012903 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vital Formulations Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vital Formulations Limited has risen by 29.47%.

  • How many employees does Vital Formulations Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Vital Formulations Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Vital Formulations Limited has experienced an upsurge of 295.76%.

  • What are the total open charges for Vital Formulations Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vital Formulations Limited amount to ₹ 7.80 Cr.

  • When was the last Balance Sheet of Vital Formulations Limited filed with the ROC?

    The most recent Balance Sheet for Vital Formulations Limited was filed with the ROC on 31 Mar 2024.

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