MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0048953
Varadhi Smartek Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1 Cr
▲ 254% YoY
Net profit · FY 2020
₹3.37 Lakh
Net margin 3.4%
EBITDA · FY 2020
₹15.47 Lakh
EBITDA margin 15.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹7.05 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
About Varadhi Smartek Private Limited
Data last updated:
Varadhi Smartek Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2017PTC106273. Its GSTIN is 29AAGCV0940D1ZG (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7.05 Lakh. It is led by directors Lakshman Kannikanti (Managing Director) and Vikash Kumar Singh.
Its last annual general meeting (AGM) was held on 30 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No – 6/2 1st Floor Beratena Agrahara Begur Hobli Electronic City Post, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2020, the company reported a revenue of ₹1 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.37 Lakh (net margin 3.4%) and EBITDA of ₹15.47 Lakh (EBITDA margin 15.4%).
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: PatashalaERP and Amrutha Foods.
Varadhi Smartek Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0048953). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amruthafoods.com.
Company details
CIN U73100KA2017PTC106273
Registration Number 106273
Incorporation Date 11 September 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0048953
Recognitions & Rankings of Varadhi Smartek
Contact details
Varadhi Smartek Private Limited's registered office is in Bangalore, Karnataka. Its website is amruthafoods.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo – 6/2 1st Floor Beratena Agrahara Begur Hobli Electronic City Post, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Varadhi Smartek Private Limited, buy the company report.
Comprehensive company report
Varadhi Smartek Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Varadhi Smartek operates two associated brands: PatashalaERP and Amrutha Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides cloud-based ERP software for school management. | patashalaerp.com | |
| Manufacturing and supplying of pickles, Indian spices, and snacks in India. | amruthafoods.com |
Business activity
The main business activity of Varadhi Smartek is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Varadhi Smartek Private Limited, buy the company report.
Financials of Varadhi Smartek Private Limited
FY 2021 filings availableVaradhi Smartek Private Limited reported revenue of ₹1 Cr (up 254% YoY) for FY 2020.
Revenue · FY 2020
₹1 Cr ▲ 254%
Net profit · FY 2020
₹3.37 Lakh margin 3.4%
EBITDA · FY 2020
₹15.47 Lakh margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 254%
EBITDA CAGR growth
1 year
▲ 53%
Revenue rose 254% in the latest year. EBITDA rose 53% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹15.47 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.37 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.4% | ||
| Net Profit Margin | 3.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Varadhi Smartek Private Limited, buy the company report.
Board of directors of Varadhi Smartek Private Limited
Varadhi Smartek has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Kumar Singh | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Lakshman Kannikanti | Managing Director | 11 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Varadhi Smartek Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| IIT Bhubaneswar Research and Entrepreneurship Park | ₹1.01 Cr (FY 2025) | 120.0% | Bhubaneswar, Odisha, India | |||
| Smart Research Analytica Services Private Limited | ₹1.01 Cr (FY 2025) | -23.0% | Mansarovar, Rajasthan, India | |||
| Ossus Biorenewables Private Limited | ₹1.01 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Varadhi Smartek Private Limitedthis company | ₹1 Cr (FY 2020) | ₹3.37 Lakh | 3.4% | 254.0% | 2 | Bangalore, Karnataka, India |
| Pristyncr Solutions Private Limited | ₹99.39 Lakh (FY 2024) | 683.0% | Aurangabad, Maharashtra, India | |||
| Aakaar Biotechnologies Private Limited | ₹99.29 Lakh (FY 2025) | 44.0% | Kanpur, Uttar Pradesh, India | |||
| Samanvay Research and Development Foundation | ₹99.27 Lakh (FY 2025) | -27.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Varadhi Smartek Private Limited, buy the company report.
Auditor
Varadhi Smartek Private Limited is audited by SRINIVASA V & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRINIVASA V & CO | FY 2020 | 016913S |
Shareholding
The shareholding of Varadhi Smartek Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Varadhi Smartek Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varadhi Smartek Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varadhi Smartek Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varadhi Smartek Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-86.67%
GST
Varadhi Smartek has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV0940D1ZG | Karnataka | Active | 17 Oct 2017 |
To see the full GST registrations and return filing status of Varadhi Smartek Private Limited, buy the company report.
Recent activity
Varadhi Smartek Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Athar Ul Hai ceased to be Director on 24 Sep 2018.
AGM
Varadhi Smartek Private Limited last Annual general meeting of members was held on 30 Dec 2021 as per latest MCA records.
Filing
Varadhi Smartek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Athar Ul Hai ceased to be Director.
Ceased
Roshan Sankaranarayanan Krishnan ceased to be Director.
Ceased
Vamsee Komatineni ceased to be Director.
Appointed
Vikash Kumar Singh was appointed as Director.
Appointed
Lakshman Kannikanti was appointed as Managing Director.
Incorporation
11 Sep 2017
Varadhi Smartek Private Limited was registered on 11 Sep 2017 with Roc Bangalore & aged 9 years 1 month as per MCA records.
Frequently asked questions
Varadhi Smartek is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 September 2017 (9+ years old) and is registered under CIN U73100KA2017PTC106273.
Varadhi Smartek has 2 current directors:
- Lakshman Kannikanti - Managing Director
- Vikash Kumar Singh - Director
The latest financial statements of Varadhi Smartek on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 December 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Varadhi Smartek is 29AAGCV0940D1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Varadhi Smartek is U73100KA2017PTC106273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varadhi Smartek was incorporated on 11 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Varadhi Smartek by revenue are IIT Bhubaneswar Research and Entrepreneurship Park, Smart Research Analytica Services Private Limited, Ossus Biorenewables Private Limited, Pristyncr Solutions Private Limited, Aakaar Biotechnologies Private Limited and 1 more, all in the same principal business activity (scientific research and development).
Athar Ul Hai ceased to be Director on 24 Sep 2018. Roshan Sankaranarayanan Krishnan ceased to be Director on 24 Sep 2018. Vamsee Komatineni ceased to be Director on 24 Sep 2018. Varadhi Smartek has 5 board changes on record in total.
Yes, Varadhi Smartek is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0048953).
Varadhi Smartek can be reached through the website amruthafoods.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Varadhi Smartek is at No – 62 1st Floor Beratena Agrahara Begur Hobli Electronic City Post, Bangalore, Karnataka, India – 560100.