Insights into Company

Vimta Labs Limited

📍 Hyderabad, Telangana, India Active NSE VIMTALABS CIN L24110TG1990PLC011977
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Key Metrics of Vimta Labs Limited

Revenue₹407 Cr▲ 18.4% YoYFY 2025-26
EBITDA₹149 Cr▲ 18.0% YoY
Net profit₹77.5 Cr▲ 15.1% YoY
Net worth₹457 Cr▲ 20.6% YoY

About Vimta Labs Limited

Company details

Registered office
141/2 &142, Ida Phase Ii, Hyderabad, 500051
Listed
NSE: VIMTALABS · ₹468.00

Company summary

Entity details

CINL24110TG1990PLC011977
LEI code33580019O5KAPJTME592
State codeTG
PIN code500051
Current legal nameVIMTA LABS LIMITED
Classification—
Listing statusListed (NSE: VIMTALABS)
Registration no.011977
Company age—
PAN—
CountryIndia
CityHyderabad
StateTelangana
Current statusActive
Date of incorporation—
Registrar of companies—
Authorised capital—
Paid-up capital—
Employee count—

Compliance

Last AGM date—
Last balance sheet—
Next filing dueAOC-4 for FY 2025-26 · 30 Oct 2026

Industry classification

NIC code24110
Description of main activityManufacture of chemicals and chemical products (incl. pharmaceuticals)
Description of business activityManufacture of chemicals and chemical products (incl. pharmaceuticals)
SectorOther Industries · Discovered Companies
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Financials, ratios and risk analysis

Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.

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Filing compliance

AGM for FY 2025-2630 Sep 2026 Statutory due date passed
AOC-4 for FY 2025-2630 Oct 2026 Statutory due date · 5 days left
MGT-7 for FY 2025-2629 Nov 2026 Statutory due date · 35 days left

Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.

Vendor checks & payment capacity

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Credit ratings

CARE · 02 Sep 2026 CARE A Stable outlook · Short term A1 · Reaffirmed
Change in last 12 monthsNo change
Change since first rating on recordNo changesince Jul 2023
Rating actions50 up · 0 down
Liquidity (CARE)Adequate

Rating history

Rating actions

DateAgencyActionLong termShort termOutlookRated amountRationale
02 Sep 2026CAREReaffirmed AA1Stable₹61.3 Cr View
06 Aug 2025CAREReaffirmed AA1Stable₹73.5 Cr View
29 Jul 2024CAREReaffirmed AA1Stable₹87.4 Cr View
22 Jan 2024CAREReaffirmed AA1Stable₹87.4 Cr View
11 Jul 2023CAREAssigned AA1Stable₹72.0 Cr View

Credit strengths (CARE, Sep 2026)

+ Long track record of operation and experienced management in the business and high net worth base

The management is well experienced in the contract research industry, and the company has an established track record of over four decades. Vimta has an established market position, with a network of 10 laboratories spread across the country, including multiple branch laboratories for food testing. The company has expanded its electronic testing business unit to take advantage of the growing electrical and electronics industry. It has also forayed in biologics segment, which is expected to comme

+ Established relationship with reputed clientele and diversified customer base

Vimta has maintained a well-diversified customer base across key sectors, including pharmaceuticals, CRTO services, and food testing services. This broad industry presence not only supports revenue stability but also positions the company to benefit from growth opportunities in multiple verticals. Steady growth with strong profit margin and satisfactory returns ratio Vimta has diversified revenue streams, which protects from inevitable ebbs and flows in the industry. The steady growth in TO I

+ Steady growth with strong profit margin and satisfactory returns ratio

Vimta has diversified revenue streams, which protects from inevitable ebbs and flows in the industry. The steady growth in TO I is driven by increased demand in pharmaceutical CRTO services, and food testing services.The company improved operational efficiency through technology deployments and capacity expansion at its Hyderabad facility. Export revenues also grew steadily driven largely by increased demand for pharma -related services, such as preclinical studies , and cGMP analytical services

+ Comfortable capital structure and debt coverage indicators

Vimta maintained a comfortable capital structure in FY26, with a low overall gearing ratio of 0.01x and a healthy tangible ne t worth of ₹451.95 crore as on March 31, 2026. Its debt included a term loan, primarily used to purchase modern testing and analytical equipment while working capital borrowings remained nil as on March 31, 2026. The company’s total outside liabilities (TOL) to net worth stood at a comfortable 0.23x.

Credit challenges

− Upgradation of facilities requires regular capex

Vimta has traditionally focused on pharmaceutical research and food testing. In recent years, the company has expanded its scope by entering into clinical trial services, this is in addition to electrical and electronics testing services offered by the company, and biologics contract research and development services (CRADS). To maintain accuracy in its research and testing services, Vimta regularly upgrades or replaces its equipment. This is driven by

− Moderate scale of operations

Vimta registered a compounded annual growth rate (CAGR) of 10.50% from FY22-FY26, yet it operated on a moderate scale with a TOI of ₹411 crore in FY26 compared to ₹345 crore in FY25. Fixed asset turnover ratio stands at 0.88x as on March 31, 2026. Exposure to high regulatory risk The Clinical Research Organization (CRO) industry faces significant reputation risks, particularly related to safety of subjects and reliability of testing outcomes. To address these concerns, the Ministry of Health and

− Exposure to high regulatory risk

The Clinical Research Organization (CRO) industry faces significant reputation risks, particularly related to safety of subjects and reliability of testing outcomes. To address these concerns, the Ministry of Health and Family Welfare (Government of India) has implemented stringent regulations, including mandatory registration of ethics committees and systematic monitoring of clinical trials. Comprehensive compensation guidelines have been established to ensure fair treatment trial -related inju

− Increasing competition in Indian CRO industry

The Indian pharmaceutical CRO market is witnessing robust growth, supported by increasing outsourcing of drug development activities and the country’s emergence as a preferred destination for clinical research. The market is projected to reach ~ US$ 5.0 billion by 2033, growing at a CAGR of ~9.5%. Growth is driven by rising research and development (R&D) costs, increasing patent expiries, and the need for cost optimisation,

Could lead to an upgrade

• Substantial growth in turnover and maintenance of asset turnover above 1.0x on a sustained basis. • Improved revenue visibility and increasing contribution from the biologics segment.

Could lead to a downgrade

• Significantly declining total operating income (TOI) or PBILDT margins, falling below 20% on a sustained basis. • Declining overall gearing above 0.35x or considerable weakening of

Agency-reported financials (CARE, 02 Sep 2026)

MetricMarch 31, 2025March 31, 2026Q1FY27
Total operating income₹345 Cr₹411 Cr₹113 Cr
PBILDT*₹124 Cr₹145 Cr₹41.12 Cr
Profit after tax (PAT)₹66.76 Cr₹77.51 Cr₹21.04 Cr
Overall gearing (x)0.02×0.01×—
Interest coverage (x)65.35×124.20×178.78×
Revenue growth (YoY)—19.2%—
PAT margin19.4%18.9%18.6%

Borrowings & rated debt

Rated borrowing limits (latest)₹61.3 Cr
Peak rated limits₹87.4 CrJan 2024 · CARE
Limits raised0 times3 new facilities rated

Rated limits over time

Facility mix

Rated facilities

FacilityTypePreviousCurrentChangeRatingActionAgency
Long-term Short-term bankWorking capital & bank lines—₹34.0 Cr— A (Stable)ReaffirmedCARE
facilitiesOther—₹25.5 Cr— A1OtherCARE
Long-term bank facilities Short-term bank facilitiesWorking capital & bank lines—₹1.78 Cr— A / A1 (Stable)ReaffirmedCARE

CARE ratings on record (checked 23 Oct 2026)

InstrumentAmountRating
CC/WCDL/OD/LC/BG₹34.0 CrCARE A; Stable / CARE A1
Loan Equivalent Risk₹1.78 CrCARE A1
Term Loan₹25.5 CrCARE A; Stable

Lenders

Fund-based - LTTerm LoanSouth Indian Bank Ltd.
LT/ST Fund-based/Non-fund-basedCC/WCDL/OD/LC/BGAxis Bank Ltd.
LT/ST Fund-based/Non-fund-basedCC/WCDL/OD/LC/BGHDFC Bank Ltd.
Non-fund-based - STLoan Equivalent RiskAxis Bank Ltd.
Non-fund-based - STLoan Equivalent RiskHDFC Bank Ltd.

Credit assessment · Manufacturing

Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26

Indicative long-term—
Indicative short-term—
Score—
LiquidityStrongAgency: Adequate
DirectionStableAgency outlook: Stable
CARE rating · Sep 2026A3 notches below indicative

Ratios, pillar scores and the indicative rating are part of Premium.

Rating status

DefaultNo default on record
Issuer cooperationCooperating
Credit enhancementNone – standalone rating
Next action stable or better (model)74%
Information on file78% · missing: Capex / investment plans, Auditor details

Indicative assessment from public data using the published methodology factors; not a credit rating.

Borrowing & funding lifecycle

⬇ PDF report⬇ Excel
Can it borrow more?Further funding possible with conditions Next rating action stable or better: 74% (Mostly stable) · ML model on 4072 rating histories, AUC 0.666
Rated limits₹61.28 Cr
Not yet allocated—
Extra debt within 3.5× EBITDA—
Interest coverage178.78×
Limit utilisation—
Open bank charges0 · —
  • Credit outlook model: 74% chance the next rating action is stable or better
  • Current rating A (investment grade)
  • Interest coverage 178.78×

Rated limits by facility

Timeline

02 Sep 2026 CARE reaffirmed: A (Stable)Rated limits ₹61.28 cr CARE rationale
02 Sep 2026 Cash & liquid funds ₹69 cr
From the report

Ratings are further supported by the company's healthy capital structure, strong debt protection metrics, negligible reliance on external borrowings, and comfortable liquidity position, evidenced by nil utilisation of working capital limits and cash and cash equivalents of ₹69 crore as on March 31, 2026.

CARE rationale
06 Aug 2025 CARE reaffirmed: A (Stable)Rated limits ₹73.45 cr CARE rationale
06 Aug 2025 Cash & liquid funds ₹32 cr
From the report

Vimta’s financial position is further strengthened by healthy capital structure, strong coverage metrics, minimal dependence on external borrowings, and comfortable liquidity, as indicated by low working capital utilisation and a cash balance of ₹32 crore as on March 31, 2025.

CARE rationale
29 Jul 2024 CARE reaffirmed: A (Stable)Rated limits ₹87.4 cr CARE rationale
29 Jul 2024 Average working-capital utilisation 10%
From the report

Ratings further remain underpinned by Vimta’s comfortable capital structure, healthy coverage indicators in absence of major external debts, and adequate liquidity indicated by sparingly utilised working capital lines (average utilisation remains at less than 10%) and free cash and bank balance of around ₹21 crore as on March 31, 2024.

CARE rationale
29 Jul 2024 Cash & liquid funds ₹21 cr
From the report

Ratings further remain underpinned by Vimta’s comfortable capital structure, healthy coverage indicators in absence of major external debts, and adequate liquidity indicated by sparingly utilised working capital lines (average utilisation remains at less than 10%) and free cash and bank balance of around ₹21 crore as on March 31, 2024.

CARE rationale
22 Jan 2024 CARE reaffirmed: A (Stable)Rated limits ₹87.4 cr CARE rationale
22 Jan 2024 Cash & liquid funds ₹19 cr
From the report

Liquidity of the company is supported by cash and bank balance of around ₹19 crore in the form of fixed deposits and negligible utilization of its fund- based working capital facilities.

CARE rationale
22 Jan 2024 New borrowing arranged (term loans)
From the report

The company has availed equipment loan for its existing facility in Shamirpet, leading to decline in its capital structure as on March 31, 2024, although would continue to stay comfortable.

CARE rationale
11 Jul 2023 CARE assigned: A (Stable)Rated limits ₹72 cr CARE rationale
11 Jul 2023 Cash & liquid funds ₹30 cr
From the report

The liquidity of the company is supported by cash and bank balanceof around₹ 30 crore in the form of FDR, negligible utilization of its fund-based working capital facilities and negligible scheduled term debt repayment.

CARE rationale

Lender names, bank charges and audited borrowings are part of Premium.

Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.

Registered office and contact

Registered office141/2 &142, IDA PHASE II, HYDERABAD, 500051
GSTIN—
Email—
Website—
Members / shareholders—

Directors and key people

Directors are read from the MGT-7 annual return and AOC-4 signatories.

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Charges (secured borrowings)

0 registered charges. Lenders, amounts and dates are part of the premium plan.

Statutory auditors

Auditors are read from the AOC-4 auditor's report section.

Business activities and related parties

Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.

Filings

No filings on record yet.