Varina IT Services Private Limited

Varina IT Services Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U47912MH2019PTC326732 Incorporated 14 June 2019 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹5.45 Lakh
▲ 146% YoY
Net loss · FY 2024
₹7,988
Net margin -1.5%
EBITDA · FY 2024
₹1.36 Lakh
EBITDA margin 25%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Varina IT Services Private Limited

Data last updated:

Varina IT Services Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 June 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U47912MH2019PTC326732. Its GSTIN is 08AAGCV9781N1ZA (Rajasthan).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohd Faizan and Sahil Mehra.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1403 L – 9 Swastik Mhada Building Near Shanti Garden Shristi Mira Road(E), Thane, Maharashtra, India – 401107.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.45 Lakh, a growth of 146% compared to the previous year. For the same year it recorded a net loss of ₹7,988 (net margin -1.5%) and EBITDA of ₹1.36 Lakh (EBITDA margin 25%).

Company details

CIN U47912MH2019PTC326732
Registration Number 326732
Incorporation Date 14 June 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024

CIN history

Varina IT Services has one previous CIN (Corporate Identification Number): U72900MH2019PTC326732. The current CIN is U47912MH2019PTC326732, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U47912MH2019PTC326732Current
U72900MH2019PTC326732Previous

Contact details

Varina IT Services Private Limited's registered office is in Thane, Maharashtra.

  • Social Media
  • Registered Address
    1403 L – 9 Swastik Mhada Building Near Shanti Garden Shristi Mira Road(E), Thane, Maharashtra, India – 401107
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Varina IT Services Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Varina IT Services is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Varina IT Services Private Limited, buy the company report.

Financials of Varina IT Services Private Limited

FY 2024 filings available

Varina IT Services Private Limited reported revenue of ₹5.45 Lakh (up 146% YoY) for FY 2024.

Revenue · FY 2024
₹5.45 Lakh ▲ 146%
Net loss · FY 2024
₹7,988 margin -1.5%
EBITDA · FY 2024
₹1.36 Lakh margin 25%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 146%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 84%

Revenue rose 146% in the latest year. EBITDA rose 1% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.36 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7,988
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin25%
Net Profit Margin-1.5%
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 Varina IT Services Private Limited, buy the company report.

Board of directors of Varina IT Services Private Limited

Varina IT Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohd FaizanDirector01 Jun 20251 Years 4 MonthsCurrent
Sahil MehraDirector01 Jun 20251 Years 4 MonthsCurrent

Peer comparison

Varina IT Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Break Build Ventures Private Limited₹5.45 Lakh (FY 2018)New Delhi, Delhi, India
Smart Tech Alloys Private Limited₹5.45 Lakh (FY 2025)14.0%Delhi, India
Fasttrack City Link Services Private Limited₹5.45 Lakh (FY 2017)-88.0%Nashik, Maharashtra, India
Index Communications Private Limited₹5.45 Lakh (FY 2016)-83.0%Thrissur, Kerala, India
Four Tracks Robotics Private Limited₹5.45 Lakh (FY 2025)Hyderabad, Telangana, India
Varina IT Services Private Limitedthis company₹5.45 Lakh (FY 2024)-₹7,988-1.5%146.0%Thane, Maharashtra, India
Satellite Infomedia Private Limited₹5.45 Lakh (FY 2024)57.0%Ahmedabad, Gujarat, India
Avyark Realty Private Limited₹5.45 Lakh (FY 2024)1056.0%Hyderabad, Telangana, India
R29 Solutions Private Limited₹5.44 Lakh (FY 2025)-56.0%Hyderabad, Telangana, India
Talent Source Networks Private Limited₹5.44 Lakh (FY 2020)Ghaziabad, Uttar Pradesh, India
Agnesys Private Limited₹5.44 Lakh (FY 2018)253.0%Bhubaneswar, Odisha, India

To see the full peer comparison of Varina IT Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varina IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Varina IT Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AAGCV9781N1ZARajasthanActive27 Aug 2021

To see the full GST registrations and return filing status of Varina IT Services Private Limited, buy the company report.

Recent activity

Varina IT Services Private Limited has 9 board changes on record since 2023: 2 appointments and 7 cessations. The latest: Shrikant Bharti ceased to be Director on 29 Oct 2025.

Ceased
Shrikant Bharti ceased to be Director.
Ceased
Sumit Kumar ceased to be Director.
Ceased
Laxminarayana Kottur ceased to be Additional Director.
Appointed
Mohd Faizan was appointed as Director.
Appointed
Sahil Mehra was appointed as Director.
AGM
Varina It Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varina It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Rajendra Bajiya ceased to be Additional Director.
Ceased
Hitesh Ramesh Motwani ceased to be Additional Director.
Ceased
Anita Rozario ceased to be Director.
Ceased
Simran Hitesh Motwani ceased to be Director.
Incorporation
14 Jun 2019
Varina It Services Private Limited was registered on 14 Jun 2019 with Roc Mumbai & aged 7 years 4 months as per MCA records.

Frequently asked questions

Varina IT Services is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 June 2019 (7+ years old) and is registered under CIN U47912MH2019PTC326732.

Varina IT Services has 2 current directors:

The latest financial statements of Varina IT Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Varina IT Services is 08AAGCV9781N1ZA, registered in Rajasthan.

The CIN (Corporate Identification Number) of Varina IT Services is U47912MH2019PTC326732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varina IT Services was incorporated on 14 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Varina IT Services by revenue are Break Build Ventures Private Limited, Smart Tech Alloys Private Limited, Fasttrack City Link Services Private Limited, Index Communications Private Limited, Four Tracks Robotics Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Shrikant Bharti ceased to be Director on 29 Oct 2025. Sumit Kumar ceased to be Director on 29 Oct 2025. Laxminarayana Kottur ceased to be Additional Director on 13 Jun 2025. Varina IT Services has 9 board changes on record in total.

The registered office of Varina IT Services is at 1403 L – 9 Swastik Mhada Building Near Shanti Garden Shristi Mira RoadE, Thane, Maharashtra, India – 401107.

Varina IT Services operates in the information technology industry, in the IT consulting and support services segment.

Varina IT Services can be reached at its registered office: 1403 L – 9 Swastik Mhada Building Near Shanti Garden Shristi Mira RoadE, Thane, Maharashtra, India – 401107.