MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0118510
Varie Valves Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.48 Cr
▲ 39% YoY
Net profit · FY 2025
₹2.2 Cr
Net margin 19.1%
EBITDA · FY 2025
₹3.18 Cr
EBITDA margin 27.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
9
Provident fund records
Directors on board
3
As per MCA filings
About Varie Valves Private Limited
Data last updated:
Varie Valves Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 20 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29296MH2011PTC223276. Its GSTIN is 27AADCV8270D1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Maaheer Biren Karani and Sejal Biren Karani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 32 Giriraj Industrial Estate Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.48 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 19.1%) and EBITDA of ₹3.18 Cr (EBITDA margin 27.7%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 29% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varie Valves.
Varie Valves Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0118510). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varievalves.com.
Company details
CIN U29296MH2011PTC223276
Registration Number 223276
Incorporation Date 20 October 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0118510
Recognitions & Rankings of Varie Valves
Contact details
Varie Valves Private Limited's registered office is in Mumbai, Maharashtra. Its website is varievalves.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 32 Giriraj Industrial Estate Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Varie Valves Private Limited, buy the company report.
Comprehensive company report
Varie Valves 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
Varie Valves operates one associated brand: Varie Valves. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and manufactures industrial valves for various applications. | varievalves.com |
Business activity
The main business activity of Varie Valves is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Varie Valves Private Limited, buy the company report.
Financials of Varie Valves Private Limited
FY 2025 filings availableVarie Valves Private Limited reported revenue of ₹11.48 Cr (up 39% YoY) for FY 2025.
Revenue · FY 2025
₹11.48 Cr ▲ 39%
Net profit · FY 2025
₹2.2 Cr margin 19.1%
EBITDA · FY 2025
₹3.18 Cr margin 27.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 49%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 54%
5 years · compounded
▲ 59%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 39% growth in the latest year. EBITDA rose 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.2 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.7% | ||||
| Net Profit Margin | 19.1% | ||||
| 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 Varie Valves Private Limited, buy the company report.
Board of directors of Varie Valves Private Limited
Varie Valves has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maaheer Biren Karani | Director | 11 Apr 2023 | 3 Years 6 Months | Current |
| Sejal Biren Karani | Director | 15 May 2017 | 9 Years 5 Months | Current |
| Biren Suresh Karani | Director | 20 Oct 2011 | 15 Years 0 Months | Current |
Auditor
Varie Valves Private Limited is audited by Shah Shah & Shah for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Shah & Shah | FY 2023 | 116457W |
Shareholding
The shareholding of Varie Valves Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varie Valves Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varie Valves 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
Varie Valves Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Varie Valves Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Varie Valves Private Limited has a workforce of 9 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
50%
GST
Varie Valves has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV8270D1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varie Valves Private Limited, buy the company report.
Recent activity
Varie Valves Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Maaheer Biren Karani was appointed as Director on 11 Apr 2023.
AGM
Varie Valves Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varie Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Maaheer Biren Karani was appointed as Director.
Ceased
Vyomesh Mohanlal Bakhai ceased to be Director.
Appointed
Sejal Biren Karani was appointed as Director.
Ceased
Neelakshi Suresh Karani ceased to be Director.
Ceased
Suresh Jaisukhlal Karani ceased to be Director.
Ceased
Sejal Biren Karani ceased to be Director.
Appointed
Biren Suresh Karani was appointed as Director.
Incorporation
20 Oct 2011
Varie Valves Private Limited was registered on 20 Oct 2011 with Roc Mumbai & aged 15 years 4 days as per MCA records.
Frequently asked questions
Varie Valves is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 20 October 2011 (15+ years old) and is registered under CIN U29296MH2011PTC223276.
Varie Valves has 3 current directors:
- Maaheer Biren Karani - Director
- Sejal Biren Karani - Director
- Biren Suresh Karani - Director
The latest financial statements of Varie Valves on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Varie Valves is 27AADCV8270D1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varie Valves is U29296MH2011PTC223276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varie Valves was incorporated on 20 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Maaheer Biren Karani was appointed as Director on 11 Apr 2023. Vyomesh Mohanlal Bakhai ceased to be Director on 26 May 2017. Sejal Biren Karani was appointed as Director on 15 May 2017. Varie Valves has 7 board changes on record in total.
Yes, Varie Valves is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0118510).
Varie Valves has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 09 Jun 2019.
Varie Valves can be reached through the website varievalves.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Varie Valves is at B – 32 Giriraj Industrial Estate Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.