Varma Tech Services Private Limited
About Varma Tech Services Private Limited
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Varma Tech Services Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC137202.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sakthi Srinivas Varma Patapati and Sireesha Padmavathi Patapati.
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 D No.111/3 – C/401 Flat No.401 B Block Sri Brundavan Residency Madhapur, Hyderabad, Telangana, India – 500038.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.7 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹4.85 Lakh (net margin -27.4%) and EBITDA of -₹3.83 Lakh (EBITDA margin -21.6%).
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- Registered AddressD No.111/3 – C/401 Flat No.401 B Block Sri Brundavan Residency Madhapur, Hyderabad, Telangana, India – 500038
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Varma Tech Services Private Limited
The main business activity of Varma Tech Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Varma Tech Services Private Limited FY 2024 filings available
Varma Tech Services Private Limited reported revenue of ₹17.7 Lakh (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Varma Tech Services Private Limited
Revenue fell 9% in the latest year. EBITDA fell 125% 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 of Varma Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹3.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.85 Lakh | •••• | •••• | •••• | •••• |
| 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 of Varma Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -27.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Varma Tech Services are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Varma Tech Services Private Limited
Varma Tech Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iceipts Technology Private Limited | ₹17.8 Lakh (FY 2024) | •••• | •••• | 470.0% | •••• | Pune, Maharashtra, India |
| Zivost Technologies Private Limited | ₹17.8 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Delhi, India |
| Welonix Technologies Private Limited | ₹17.78 Lakh (FY 2024) | •••• | •••• | 61.0% | •••• | Navimumbai, Maharashtra, India |
| Zunep Technologies Private Limited | ₹17.73 Lakh (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Inspiring-Wave Digitech Private Limited | ₹17.72 Lakh (FY 2024) | •••• | •••• | 167.0% | •••• | Hyderabad, Telangana, India |
| Varma Tech Services Private Limited this company | ₹17.7 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Wingskyline Technologies Private Limited | ₹17.69 Lakh (FY 2023) | •••• | •••• | •••• | Ranga Reddy, Telangana, India | |
| Kad-Syscon Infotech Private Limited | ₹17.66 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Kalyan, Maharashtra, India |
| Shreshtha Consultancy Services Private Limited | ₹17.59 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Mathura, Uttar Pradesh, India |
| I4d Parishkaar Technologies Private Limited | ₹17.57 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
| Indian Mobile Data Core Private Limited | ₹17.53 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Varma Tech Services by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Varma Tech Services Private Limited
Varma Tech Services Private Limited is audited by RAGHAV GOKHALE AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAGHAV GOKHALE AND CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Varma Tech Services Private Limited
Varma Tech Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sakthi Srinivas Varma Patapati Also directs: Varma Tech Utility Services Private Limited | Director | 28 Nov 2019 | 6 Years 10 Months | Current |
| Sireesha Padmavathi Patapati Also directs: Varma Tech Utility Services Private Limited | Director | 28 Nov 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Varma Tech Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Varma Tech Services Private Limited
Varma Tech Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Varma Tech Services Private Limited
Employment history and EPFO contributions of people linked to Varma Tech Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Varma Tech Services Private Limited
Varma Tech Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Sakthi Srinivas Varma Patapati was appointed as Director on 28 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Varma Tech Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Varma Tech Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Varma Tech Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Varma Tech Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Varma Tech Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Varma Tech Services Private Limited
Varma Tech Services is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 November 2019 (7+ years old) and is registered under CIN U72900TG2019PTC137202.
Varma Tech Services reported revenue of ₹17.7 Lakh for FY 2024 (down 9% YoY).
Varma Tech Services has 2 current directors:
- Sakthi Srinivas Varma Patapati - Director
- Sireesha Padmavathi Patapati - Director
Varma Tech Services reported a net loss of ₹4.85 Lakh (net margin -27.4%) and EBITDA of -₹3.83 Lakh (EBITDA margin -21.6%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Varma Tech Services is U72900TG2019PTC137202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varma Tech Services was incorporated on 28 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Varma Tech Services by revenue are Iceipts Technology Private Limited, Zivost Technologies Private Limited, Welonix Technologies Private Limited, Zunep Technologies Private Limited, Inspiring-Wave Digitech Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Sakthi Srinivas Varma Patapati was appointed as Director on 28 Nov 2019. Sireesha Padmavathi Patapati was appointed as Director on 28 Nov 2019.
Yes, Varma Tech Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Varma Tech Services is at D No.1113 – C401 Flat No.401 B Block Sri Brundavan Residency Madhapur, Hyderabad, Telangana, India – 500038.
Varma Tech Services has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.