About Vartit Technology Private Limited
Data last updated:
Vartit Technology Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72300GJ2013PTC075469. Its GSTIN is 24AAECV4793Q1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Snehalben Vijaykumar Patel and Parag Amrutlal Patel.
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 403 Kalasagar Shopping Hub Opp. Saibaba Temple Nr. Sattadhar Cross Road Ghatlodiya, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.2 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹27.88 Lakh (net margin 4.5%) and EBITDA of ₹36.71 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
The company is associated with 1 brand: Vartit.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vartit.com.
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- Registered Address403 Kalasagar Shopping Hub Opp. Saibaba Temple Nr. Sattadhar Cross Road Ghatlodiya, Ahmedabad, Gujarat, India – 380061
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Vartit Technology Private Limited
The main business activity of Vartit Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Vartit Technology Private Limited FY 2025 filings available
Vartit Technology Private Limited reported revenue of ₹6.2 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vartit Technology Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 2% 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 Vartit Technology Private Limited
| 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 | ₹36.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.88 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vartit Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Vartit Technology are in the company report.
Financial statements from 2015
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 Vartit Technology Private Limited
Vartit Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Esthenos Technologies Private Limited | ₹6.21 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Computer Solutions (India ) Private Limited | ₹6.21 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Mediwave Digital Private Limited | ₹6.2 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Puducherry, India |
| Karnival Internet Technologies Private Limited | ₹6.2 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Bangalore, Karnataka, India |
| Aureate Labs Private Limited | ₹6.2 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Surat, Gujarat, India |
| Vartit Technology Private Limited this company | ₹6.2 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| I28 Technologies (India) Private Limited | ₹6.2 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Hyderabad, Telangana, India |
| Assuretech Business Solutions Private Limited | ₹6.2 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Thiruvananthapuram, Kerala, India |
| Webomates Private Limited | ₹6.2 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Compatio India Private Limited | ₹6.19 Cr (FY 2024) | •••• | •••• | 124.0% | •••• | Ernakulam, Kerala, India |
| Agc Infotech Private Limited | ₹6.19 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Vartit Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Vartit Technology Private Limited
Vartit Technology Private Limited is audited by BHAVIK A. SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHAVIK A. SHAH & 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 Vartit Technology Private Limited
Vartit Technology has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Snehalben Vijaykumar Patel | Director | 05 Jun 2013 | 13 Years 4 Months | Current |
| Parag Amrutlal Patel | Director | 05 Jun 2013 | 13 Years 4 Months | Current |
| Piyusha Satish Patel | Director | 05 Jun 2013 | 13 Years 4 Months | Current |
| Jayabahen Paragkumar Patel | Director | 05 Jun 2013 | 13 Years 4 Months | Current |
| Vijaykumar Mithabhai Patel | Director | 05 Jun 2013 | 13 Years 4 Months | Current |
| Satishkumar Kantilal Patel | Director | 05 Jun 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Vartit Technology 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 Vartit Technology Private Limited
Vartit Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Vartit Technology Private Limited
Vartit Technology operates one associated brand: Vartit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops AI-based apps for parental control and mobile safety solutions. | vartit.com |
Employees and EPFO Compliance at Vartit Technology Private Limited
Employment history and EPFO contributions of people linked to Vartit Technology.
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 Vartit Technology Private Limited
Vartit Technology Private Limited has 6 board changes on record since 2013: 6 appointments. The latest: Jayabahen Paragkumar Patel was appointed as Director on 05 Jun 2013.
Credit Ratings, Litigation & Regulatory Alerts for Vartit Technology 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 Vartit Technology 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 Vartit Technology 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 Vartit Technology Private Limited
Vartit Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV4793Q1ZI | Gujarat | Active | 07 Nov 2017 |
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 Vartit Technology 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 Vartit Technology Private Limited
Vartit Technology is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 June 2013 (13+ years old) and is registered under CIN U72300GJ2013PTC075469.
Vartit Technology reported revenue of ₹6.2 Cr for FY 2025 (down 1% YoY).
Vartit Technology has 6 current directors:
- Snehalben Vijaykumar Patel - Director
- Parag Amrutlal Patel - Director
- Piyusha Satish Patel - Director
- Jayabahen Paragkumar Patel - Director
- Vijaykumar Mithabhai Patel - Director
- Satishkumar Kantilal Patel - Director
Vartit Technology reported a net profit of ₹27.88 Lakh (net margin 4.5%) and EBITDA of ₹36.71 Lakh (EBITDA margin 5.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vartit Technology is 12% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vartit Technology is 24AAECV4793Q1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Vartit Technology is U72300GJ2013PTC075469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vartit Technology was incorporated on 05 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vartit Technology by revenue are Esthenos Technologies Private Limited, Computer Solutions (India ) Private Limited, Mediwave Digital Private Limited, Karnival Internet Technologies Private Limited, Aureate Labs Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Jayabahen Paragkumar Patel was appointed as Director on 05 Jun 2013. Parag Amrutlal Patel was appointed as Director on 05 Jun 2013. Piyusha Satish Patel was appointed as Director on 05 Jun 2013. Vartit Technology has 6 board changes on record in total.
Vartit Technology can be reached through the website vartit.com. Its registered office is in Ahmedabad, Gujarat, India.