MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-02-0152210
Vareton Power Systems Private Limited
Vareton Power Systems Private Limited - electrical in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹11.5 Lakh
▼ 39% YoY
Net profit · FY 2019
₹62,537
Net margin 5.4%
EBITDA · FY 2019
₹1.56 Lakh
EBITDA margin 13.6%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Vareton Power Systems Private Limited
Data last updated:
Vareton Power Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 25 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31404TN2005PTC056065. Its GSTIN is 33AACCV3540R1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Manikandan (Managing Director) and Shanmugam Kunguma Kavya.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.15/39 Raza Hyder Streetmount Road Mount Road, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.5 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹62,537 (net margin 5.4%) and EBITDA of ₹1.56 Lakh (EBITDA margin 13.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
Vareton Power Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0152210). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31404TN2005PTC056065
Registration Number 056065
Incorporation Date 25 April 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0152210
Recognitions & Rankings of Vareton Power Systems
Contact details
Vareton Power Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.15/39 Raza Hyder Streetmount Road Mount Road, Chennai, Tamil Nadu, India – 600002
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Vareton Power Systems Private Limited, buy the company report.
Comprehensive company report
Vareton Power Systems 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
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Business activity
The main business activity of Vareton Power Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Vareton Power Systems Private Limited, buy the company report.
Financials of Vareton Power Systems Private Limited
FY 2019 filings availableVareton Power Systems Private Limited reported revenue of ₹11.5 Lakh (down 39% YoY) for FY 2019.
Revenue · FY 2019
₹11.5 Lakh ▼ 39%
Net profit · FY 2019
₹62,537 margin 5.4%
EBITDA · FY 2019
₹1.56 Lakh margin 13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 18%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 14%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 39% fall in the latest year. EBITDA fell 28% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62,537 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Vareton Power Systems Private Limited, buy the company report.
Board of directors of Vareton Power Systems Private Limited
Vareton Power Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manikandan | Managing Director | 25 Apr 2005 | 21 Years 6 Months | Current |
| Shanmugam Kunguma Kavya | Director | 27 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Vareton Power Systems Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alfa Infraventures Private Limited | ₹11.55 Lakh (FY 2018) | 708.0% | Bhubaneswar, Odisha, India | |||
| DL Lite (India) Limited | ₹11.52 Lakh (FY 2019) | -26.0% | New Delhi, Delhi, India | |||
| Libra Innovations Private Limited | ₹11.52 Lakh (FY 2025) | -93.0% | Chennai, Tamil Nadu, India | |||
| Sakthi Enterprisers Private Limited | ₹11.52 Lakh (FY 2025) | -15.0% | Bhubaneswar, Odisha, India | |||
| Vareton Power Systems Private Limitedthis company | ₹11.5 Lakh (FY 2019) | ₹62,537 | 5.4% | -39.0% | Chennai, Tamil Nadu, India | |
| Kredo Cranes International Private Limited | ₹11.5 Lakh (FY 2024) | -90.0% | Pune, Maharashtra, India | |||
| Pamach Engineers Private Limited | ₹11.48 Lakh (FY 2025) | -38.0% | Kolkata, West Bengal, India | |||
| Ejecta Technologies Private Limited | ₹11.48 Lakh (FY 2021) | 42.0% | New Delhi, Delhi, India | |||
| Ultra Precision Tools and Vessels Private Limited | ₹11.45 Lakh (FY 2025) | -99.0% | Bangalore, Karnataka, India | |||
| Aerion Electrotech Private Limited | ₹11.42 Lakh (FY 2019) | -48.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Vareton Power Systems Private Limited, buy the company report.
Auditor
Vareton Power Systems Private Limited is audited by N S RADHAKRISHNAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S RADHAKRISHNAN | FY 2016 | 019113 |
Shareholding
The shareholding of Vareton Power Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vareton Power Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vareton Power Systems 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 Vareton Power Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vareton Power Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV3540R1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vareton Power Systems Private Limited, buy the company report.
Recent activity
Vareton Power Systems Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Manikandan ceased to be Director on 01 Aug 2012.
AGM
Vareton Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Vareton Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Ceased
Manikandan ceased to be Director.
Ceased
Senthil Kumar ceased to be Managing Director.
Appointed
Shanmugam Kunguma Kavya was appointed as Director.
Appointed
Manikandan was appointed as Managing Director.
Incorporation
25 Apr 2005
Vareton Power Systems Private Limited was registered on 25 Apr 2005 with Roc Chennai & aged 21 years 6 months as per MCA records.
Frequently asked questions
Vareton Power Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 25 April 2005 (21+ years old) and is registered under CIN U31404TN2005PTC056065.
Vareton Power Systems has 2 current directors:
- Manikandan - Managing Director
- Shanmugam Kunguma Kavya - Director
The latest financial statements of Vareton Power Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Vareton Power Systems is 33AACCV3540R1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vareton Power Systems is U31404TN2005PTC056065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vareton Power Systems was incorporated on 25 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vareton Power Systems by revenue are Alfa Infraventures Private Limited, DL Lite (India) Limited, Libra Innovations Private Limited, Sakthi Enterprisers Private Limited, Kredo Cranes International Private Limited and 4 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Manikandan ceased to be Director on 01 Aug 2012. Senthil Kumar ceased to be Managing Director on 01 Aug 2012. Shanmugam Kunguma Kavya was appointed as Director on 27 Jul 2012. Vareton Power Systems has 4 board changes on record in total.
Yes, Vareton Power Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0152210).
The registered office of Vareton Power Systems is at No.1539 Raza Hyder Streetmount Road Mount Road, Chennai, Tamil Nadu, India – 600002.
Vareton Power Systems operates in the electrical industry, in the electrical equipment segment.
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