Verset Technologies Private Limited
About Verset Technologies Private Limited
Data last updated:
Verset Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 08 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29253TG2011PTC129928. Its GSTIN is 36AADCV6163F1Z9 (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Koteswar Rao Veeramachineni and Hari Narayana Nelakurthi.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 – 3 – 668/10/5 Durganagar Colony Punjagutta, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.46 Cr. For the same year it recorded a net profit of ₹76.31 Lakh (net margin 9%) and EBITDA of ₹1.02 Cr (EBITDA margin 12%). Revenue has declined at a compounded annual rate (CAGR) of 6% over five years.
Court records list 1 case involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Verset Technologies Private Limited
Verset Technologies has one previous CIN (Corporate Identification Number): U29253HR2011PTC042632. The current CIN is U29253TG2011PTC129928, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253TG2011PTC129928 | Current |
| U29253HR2011PTC042632 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address6 – 3 – 668/10/5 Durganagar Colony Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- 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 Verset Technologies Private Limited
The main business activity of Verset Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Verset Technologies Private Limited FY 2024 filings available
Verset Technologies Private Limited reported revenue of ₹8.46 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Verset Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years. EBITDA rose 3% 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 Verset Technologies 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 | ₹1.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76.31 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 Verset Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9% | •••• | •••• | •••• | •••• |
| 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 Verset Technologies 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.
Board of Directors of Verset Technologies Private Limited
Verset Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koteswar Rao Veeramachineni Also directs: Dandamudi Anaani Private Limited | Director | 04 Apr 2015 | 11 Years 6 Months | Current |
| Hari Narayana Nelakurthi | Director | 22 Mar 2012 | 14 Years 6 Months | Current |
Peer Comparison of Verset Technologies Private Limited
Verset Technologies Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Roto Power Engineers Private Limited | ₹8.49 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Sukanya Engineering & Infra Private Limited | ₹8.48 Cr (FY 2024) | •••• | •••• | 121.0% | •••• | Aurangabad, Maharashtra, India |
| Sunsure Solarpark Two Private Limited | ₹8.47 Cr (FY 2025) | •••• | •••• | 199.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Unican Controls and Automation Private Limited | ₹8.47 Cr (FY 2024) | •••• | •••• | 100.0% | •••• | Pune, Maharashtra, India |
| Orbitech Infoware Private Limited | ₹8.46 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Ahmedabad, Gujarat, India |
| Verset Technologies Private Limited this company | ₹8.46 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Startling Solar Private Limited | ₹8.46 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Everest Infra Energy Limited | ₹8.46 Cr (FY 2023) | •••• | •••• | -42.0% | •••• | Naharlagun, Arunachal Pradesh, India |
| Vitreous Contracts Solutions Private Limited | ₹8.45 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Swadesh Infra Marketing Private Limited | ₹8.43 Cr (FY 2024) | •••• | •••• | 622.0% | •••• | Bhubaneswar, Odisha, India |
| Nations Pride Energy Systems Private Limited | ₹8.43 Cr (FY 2025) | •••• | •••• | 9490.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Verset Technologies by revenue in the Power industry (EPC, BoP and BTG), 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 Verset Technologies Private Limited
Verset Technologies Private Limited is audited by Manohar Chowdhry & Associates for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manohar Chowdhry & Associates | 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.
Ownership and Shareholding of Verset Technologies 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 Verset Technologies Private Limited
Verset Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Verset Technologies Private Limited
Verset Technologies Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal complaint | Company is another party | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Verset Technologies Private Limited
Employment history and EPFO contributions of people linked to Verset Technologies.
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 Verset Technologies Private Limited
Verset Technologies Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Venkata Rama Subba Reddy Karukala ceased to be Director on 18 Aug 2016.
Credit Ratings, Litigation & Regulatory Alerts for Verset Technologies 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 Verset Technologies 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 Verset Technologies 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 Verset Technologies Private Limited
Verset Technologies has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCV6163F1Z9 | Telangana | Active | 01 Feb 2019 |
| 06AADCV6163F1ZC | Haryana | Active | 01 Jul 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 Verset Technologies 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 Verset Technologies Private Limited
Verset Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 08 April 2011 (15+ years old) and is registered under CIN U29253TG2011PTC129928.
Verset Technologies reported revenue of ₹8.46 Cr for FY 2024.
Verset Technologies has 2 current directors:
- Koteswar Rao Veeramachineni - Director
- Hari Narayana Nelakurthi - Director
Verset Technologies reported a net profit of ₹76.31 Lakh (net margin 9%) and EBITDA of ₹1.02 Cr (EBITDA margin 12%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Verset Technologies is -6% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Verset Technologies is 36AADCV6163F1Z9, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AADCV6163F1ZC (Haryana).
The CIN (Corporate Identification Number) of Verset Technologies is U29253TG2011PTC129928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verset Technologies has 1 court case on record. 1 is pending.
Verset Technologies was incorporated on 08 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Verset Technologies by revenue are Roto Power Engineers Private Limited, Sukanya Engineering & Infra Private Limited, Sunsure Solarpark Two Private Limited, Unican Controls and Automation Private Limited, Orbitech Infoware Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Venkata Rama Subba Reddy Karukala ceased to be Director on 18 Aug 2016. Koteswar Rao Veeramachineni was appointed as Director on 04 Apr 2015. Hari Narayana Nelakurthi ceased to be Additional Director on 25 Sep 2012. Verset Technologies has 5 board changes on record in total.