Varky Technology Solutions Private Limited
About Varky Technology Solutions Private Limited
Data last updated:
Varky Technology Solutions Private Limited is a private limited company based in Karimnagar, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 12 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC144774.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sai Krishna Arram and Sai Teja Konda.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H.No 10 – 3 490 C R T C Workshop Jagithyal Road Vivekanda Poori Road No 6, Karimnagar, Telangana, India – 505001.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.67 Lakh, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹1,603 (net margin -0.3%) and EBITDA of -₹1,603 (EBITDA margin -0.3%).
Company details
Contact details
Varky Technology Solutions Private Limited's registered office is in Karimnagar, Telangana.
- Registered AddressH.No 10 – 3 490 C R T C Workshop Jagithyal Road Vivekanda Poori Road No 6, Karimnagar, Telangana, India – 505001
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business activity
The main business activity of Varky Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Varky Technology Solutions Private Limited, buy the company report.
Financials of Varky Technology Solutions Private Limited
FY 2023 filings availableVarky Technology Solutions Private Limited reported revenue of ₹5.67 Lakh (up 80% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year. EBITDA fell 683% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | -₹1,603 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1,603 | ||
| 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.3% | ||
| Net Profit Margin | -0.3% | ||
| 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 Varky Technology Solutions Private Limited, buy the company report.
Board of directors of Varky Technology Solutions Private Limited
Varky Technology Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sai Krishna Arram | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
| Sai Teja Konda | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Varky Technology Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Follo Platforms Private Limited | ₹5.67 Lakh (FY 2024) | 72.0% | Hyderabad, Telangana, India | |||
| Ainit Private Limited | ₹5.67 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Techxfuture IT Services Private Limited | ₹5.67 Lakh (FY 2025) | 113.0% | Chennai, Tamil Nadu, India | |||
| Rigel Business Dynamics Private Limited | ₹5.67 Lakh (FY 2025) | -57.0% | Bangalore, Karnataka, India | |||
| Varky Technology Solutions Private Limitedthis company | ₹5.67 Lakh (FY 2023) | -₹1,603 | -0.3% | 80.0% | Karimnagar, Telangana, India | |
| Intellitique Education Services Private Limited | ₹5.67 Lakh (FY 2024) | -15.0% | Ahmedabad, Gujarat, India | |||
| Twinpower Tech Private Limited | ₹5.67 Lakh (FY 2025) | -98.0% | Navi Mumbai, Maharashtra, India | |||
| Techyolk India Private Limited | ₹5.66 Lakh (FY 2025) | -86.0% | Delhi, India | |||
| Techspera Erp Consulting Services Private Limited | ₹5.66 Lakh (FY 2020) | Gandhinagar, Gujarat, India |
To see the full peer comparison of Varky Technology Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varky Technology Solutions 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 Varky Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varky Technology Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varky Technology Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Sai Krishna Arram was appointed as Director on 12 Oct 2020.
Frequently asked questions
Varky Technology Solutions is an active private limited company based in Karimnagar, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 12 October 2020 (6+ years old) and is registered under CIN U72900TG2020PTC144774.
Varky Technology Solutions has 2 current directors:
- Sai Krishna Arram - Director
- Sai Teja Konda - Director
The latest financial statements of Varky Technology Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Varky Technology Solutions is U72900TG2020PTC144774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varky Technology Solutions was incorporated on 12 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Varky Technology Solutions by revenue are Follo Platforms Private Limited, Ainit Private Limited, Techxfuture IT Services Private Limited, Rigel Business Dynamics Private Limited, Intellitique Education Services Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sai Krishna Arram was appointed as Director on 12 Oct 2020. Sai Teja Konda was appointed as Director on 12 Oct 2020.
The registered office of Varky Technology Solutions is at H.No 10 – 3 490 C R T C Workshop Jagithyal Road Vivekanda Poori Road No 6, Karimnagar, Telangana, India – 505001.
Varky Technology Solutions operates in the information technology industry, in the other computer related activities segment.
Varky Technology Solutions can be reached at its registered office: H.No 10 – 3 490 C R T C Workshop Jagithyal Road Vivekanda Poori Road No 6, Karimnagar, Telangana, India – 505001.
Varky Technology Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.