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HDFC Securities Retail Research
Vimta Labs Ltd. is one of the leading contract research and testing company with India's largest laboratory (~4 lakh square feet), equipped with latest infrastructure.
Company caters to testing requirements of industries such as pharma, food, medical devices, consumer goods, agrochemicals etc.
Vimta derives ~60% of revenue from pharma segment, 15-20% from diagnostic segment while ~15% from food segment and the balance from others.
Company has done partnership with Government of India and set up food laboratory at JNPT, Mumbai which would drive revenue growth from FY23.
Vimta has a network of 20 laboratories in India, including food testing and clinical diagnostics.
With a highly diverse, multi-disciplinary team of ~1100 people including scientific and technical professionals, the company's expertise and high standards of quality have enabled to partner with global market leaders, as well as small and medium companies across industries.
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