Startup India Government of India
Variegation Renewable Systems Private Limited - service in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.25 Lakh
▲ 33% YoY
Net loss · FY 2024
₹43,130
Net margin -13.3%
EBITDA · FY 2024
-₹43,130
EBITDA margin -13.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Variegation Renewable Systems Private Limited
Data last updated:
Variegation Renewable Systems Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the services sector. It was incorporated on 13 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U93010MH2018PTC318274. Its GSTIN is 27AAGCV7181A1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yash Bharat Parekh and Nikhil Subodh Nalkande.
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 H.No. 299/H Civil Lines Nr Hislope Colege, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.25 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹43,130 (net margin -13.3%) and EBITDA of -₹43,130 (EBITDA margin -13.3%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
Variegation Renewable Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0007493). For more details, the company can be reached via its website vrsystems.in.
Company details
CIN U93010MH2018PTC318274
Registration Number 318274
Incorporation Date 13 December 2018
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-20-0007493
Recognitions & Rankings of Variegation Renewable Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0007493
Contact details
Variegation Renewable Systems Private Limited's registered office is in Nagpur, Maharashtra. Its website is vrsystems.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No. 299/H Civil Lines Nr Hislope Colege, Nagpur, Maharashtra, India – 440001
- IndustryService, Other Services
To see the full contact details of Variegation Renewable Systems Private Limited, buy the company report.
Comprehensive company report
Variegation Renewable 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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Financials of Variegation Renewable Systems Private Limited
FY 2025 filings availableVariegation Renewable Systems Private Limited reported revenue of ₹3.25 Lakh (up 33% YoY) for FY 2024.
Revenue · FY 2024
₹3.25 Lakh ▲ 33%
Net loss · FY 2024
₹43,130 margin -13.3%
EBITDA · FY 2024
-₹43,130 margin -13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 44%
EBITDA CAGR growth
3 years · compounded
▼ 395%
Revenue rose 33% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 44%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹43,130 | ||||
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| Net Profit (PAT) | -₹43,130 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -13.3% | ||||
| Net Profit Margin | -13.3% | ||||
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To see the full financial statements and ratios of Variegation Renewable Systems Private Limited, buy the company report.
Board of directors of Variegation Renewable Systems Private Limited
Variegation Renewable Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Bharat Parekh | Director | 13 Dec 2018 | 7 Years 10 Months | Current |
| Nikhil Subodh Nalkande Also directs: Chemscenta Labs LLP | Director | 13 Dec 2018 | 7 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Variegation Renewable 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 Variegation Renewable Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Variegation Renewable Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV7181A1ZB | Maharashtra | Active | 11 Mar 2019 |
To see the full GST registrations and return filing status of Variegation Renewable Systems Private Limited, buy the company report.
Recent activity
Variegation Renewable Systems Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Pranav Purushottam Malewar ceased to be Director on 15 Mar 2023.
AGM
Variegation Renewable Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Variegation Renewable Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Ceased
Pranav Purushottam Malewar ceased to be Director.
Appointed
Nikhil Subodh Nalkande was appointed as Director.
Appointed
Yash Bharat Parekh was appointed as Director.
Incorporation
13 Dec 2018
Variegation Renewable Systems Private Limited was registered on 13 Dec 2018 with Roc Nagpur & aged 7 years 10 months as per MCA records.
Frequently asked questions
Variegation Renewable Systems is an active private limited company based in Nagpur, Maharashtra, India. The company works in other services, within the service industry. It was incorporated on 13 December 2018 (8+ years old) and is registered under CIN U93010MH2018PTC318274.
Variegation Renewable Systems has 2 current directors:
- Yash Bharat Parekh - Director
- Nikhil Subodh Nalkande - Director
The latest financial statements of Variegation Renewable Systems 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 FY 2019 are in the company report.
The GSTIN of Variegation Renewable Systems is 27AAGCV7181A1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Variegation Renewable Systems is U93010MH2018PTC318274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variegation Renewable Systems was incorporated on 13 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Nagpur.
Pranav Purushottam Malewar ceased to be Director on 15 Mar 2023. Nikhil Subodh Nalkande was appointed as Director on 13 Dec 2018. Yash Bharat Parekh was appointed as Director on 13 Dec 2018.
Yes, Variegation Renewable Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Variegation Renewable Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0007493).
Variegation Renewable Systems can be reached through the website vrsystems.in. Its registered office is in Nagpur, Maharashtra, India.