About Varahi Polymer
Varahi Polymer is a Real Estate & Construction company based in Ahmedabad (India) founded in 2006, and was acquired by Manjushree Technopack in June 2016. It operates as a contract manufacturing of sanitary ware products is provided. The company has 1 employees. Its Indian entity Varahi Polymers Private Limited reported revenue of βΉ21.12 Cr. Varahi Polymer offers products and services including Pvc Waste Pipe, Pvc Flexible Pipe Roll, Pvc Washing Machine Pipe, Pvc Bottle Trap, and Pvc Jet Spray. Its focus areas include Real Estate and Construction, Building Materials, Interiors and Sanitaryware. Its competitors include Jacuzzi, Geberit, Kohler, Jaquar and GROHE and 2 more; 1 of its 7 listed competitors has raised funding.
Company details
Varahi Polymer was founded in 2006 in Ahmedabad, India. Operations are centered on contract manufacturing within the sanitary ware sector. Products are produced for various clients, utilizing polymer-based materials. Services encompass customization and production scaling to meet industry demands. The company maintains its base in Ahmedabad, supporting regional and broader market needs in manufacturing.
- Headquarters Ahmedabad, India
- Employees 1
- SectorsReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website varahipolymers.com
- Social Facebook
- Acquired by Manjushree Technopack (Jun 2016)
- Legal Name Varahi Polymers Private Limited
- Date of Incorporation 23 Mar, 2021
- Jurisdiction Vallabhiopur, Gujarat, India
- Annual Revenue₹21.12 Cr
FY 2025 · +48% YoY
- Net Profit₹8.3 Lakh
FY 2025 · 0% margin
- EBITDA₹3.15 Cr
FY 2025 · 15% margin
- Investors
- Employee Count1
- Acquired byManjushree Technopack
(Jun 2016)
Associated legal entities of Varahi Polymer
Varahi Polymer operates through Varahi Polymers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varahi Polymers Private Limited CIN U27200GJ2021PTC121508 | Active | 23 Mar 2021 | Vallabhiopur, Gujarat | ₹21.1 Cr | 16 | 3 | View details |
Products & Services of Varahi Polymer
Varahi Polymer offers a comprehensive portfolio of products and services, including Pvc Waste Pipe, Pvc Flexible Pipe Roll, Pvc Washing Machine Pipe, Pvc Bottle Trap, and Pvc Jet Spray.
Pipe for waste disposal in residential and commercial systems.
Flexible pipe for various fluid conveyance applications.
Pipe designed for washing machine connections.
Trap for preventing odors in plumbing fixtures.
Spray device for bathroom cleaning purposes.
Cock for controlling water flow in pans.
Saddle for connecting pipes in systems.
Investors in Varahi Polymer
Varahi Polymer has secured backing from 1 investor. Prominent investors backing the company include Manjushree Technopack.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Rigid plastic packaging for consumer goods is manufactured and supplied. | 1983 | manjushreeindia.com | Bengaluru, India |
Investor details for Varahi Polymer
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Board of directors of Varahi Polymers Private Limited (Varahi Polymer)
Varahi Polymers Private Limited is the primary company behind Varahi Polymer. The board of Varahi Polymers Private Limited currently have 3 directors; the longest-serving is Mukesh Ravishanker Dave, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Ravishanker Dave DIN 09120559 | Director | 23 Mar 2021 | 5 yrs 6 mo | Varahi Polymers Private Limited |
| Jitenkumar Yogeshbhai Dave DIN 09120557 | Director | 23 Mar 2021 | 5 yrs 6 mo | Varahi Polymers Private Limited |
| Kashish Ashit Shah DIN 09575033 | Director | 18 Apr 2022 | 4 yrs 5 mo | Varahi Polymers Private Limited |
Financials of Varahi Polymer
Figures of Varahi Polymers Private Limited, the primary company behind Varahi Polymer, for FY 2025. Revenue was ₹21.12 Cr (+48% year on year). Net profit was ₹8.3 Lakh (0% margin). EBITDA was ₹3.15 Cr (15% margin). Revenue has grown at a compounded annual rate of +42% over three years.
- ₹21.12 CrRevenue · FY 2025 · +48% YoY
- ₹8.3 LakhNet profit · 0% margin
- ₹3.15 CrEBITDA · 15% margin
- ₹1.00 CrPaid-up capital
- 16Employees (provident fund records)
- +42%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Varahi Polymers Private Limited are on its company page.
Detailed financial statements for Varahi Polymer
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Timeline of Varahi Polymer
2 dated milestones of Varahi Polymer across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Varahi Polymer is founded.
- Exit Acquired by Manjushree Technopack.
Competitors of Varahi Polymer
Varahi Polymer has 7 listed competitors in our database, 1 of them funded. They include Jacuzzi, Geberit, Kohler, Jaquar and GROHE, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jacuzzi.com | 1915 | Chino Hills, United States | – | 721 | Hot tubs, swim spas, saunas, and bathroom products are manufactured. | |
| geberit.com | 1874 | Rapperswil Jona, Switzerland | – | 152 | Sanitary systems, piping, and ceramics are provided by Geberit. | |
| kohler.com | 1873 | Kohler, Canada | – | 773 | Home, kitchen, bath products, engines, and power systems are manufactured. | |
| jaquar.com | 1960 | Gurugram, India | $707,595 | 2,685 | Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | |
| grohe.com | 1936 | Dusseldorf, Germany | – | – | Sanitary fittings are manufactured and supplied globally by GROHE. | |
| americanstandard-us.com | 1872 | Piscataway, United States | – | – | Bathroom and kitchen products are supplied by the company. | |
| toto.com | 1917 | Kitakyushu, Japan | – | 1,060 | Bathroom accessories and sanitary ware are manufactured by TOTO. |
Detailed competitors of Varahi Polymer
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Top companies in Building Materials
10 companies that operate in the same segment as Varahi Polymer (Building Materials), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Construction materials and building products are supplied by Boral. | 1946 | Sydney, New South Wales, Australia | USD 22.4 M | – | – | |
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | – | USD 1.44 B | 11,790 | |
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | – | USD 3.79 B | 33,600 | |
Diversified building materials are manufactured and supplied worldwide. | 1970 | Dublin, Ireland | – | USD 37.45 B | 79,800 | |
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India | USD 707.6 K | – | – | |
Vectus is recognized as a leading manufacturer of water storage solutions in India. | 1989 | Noida, Uttar Pradesh, India | USD 16.92 M | – | – | |
Glass products are manufactured for construction, automotive, and industrial sectors. | 1985 | Delhi, Delhi, India | USD 147.22 M | USD 212.02 M | 1,293 | |
Piping systems are designed, manufactured, and distributed for multiple sectors. | 2003 | Brussels, Brussels-capital Region, Belgium | USD 260 M | – | – | |
Developer of chemical products, construction & packaging materials, and water solutions | 1802 | United States | – | USD 6.85 B | 24,000 | |
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | – | USD 1.97 B | 8,119 |
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Frequently Asked Questions about Varahi Polymer
Varahi Polymer was founded in 2006.
Varahi Polymer is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Varahi Polymer has 1 employees.
The primary company behind Varahi Polymer, Varahi Polymers Private Limited, reported revenue of βΉ21.12 Cr for FY 2025, up 48% year on year.
Varahi Polymer was founded in 2006 in Ahmedabad, India. Operations are centered on contract manufacturing within the sanitary ware sector. Products are produced for various clients, utilizing polymer-based materials. Services encompass customization and production scaling to meet industry demands. The company maintains its base in Ahmedabad, supporting regional and broader market needs in manufacturing.
Varahi Polymer offers Pvc Waste Pipe, Pvc Flexible Pipe Roll, Pvc Washing Machine Pipe, Pvc Bottle Trap, and 3 more products and services.
Varahi Polymer has 1 investor. Key investors include Manjushree Technopack.
Varahi Polymer operates through Varahi Polymers Private Limited.
Yes. Varahi Polymer was acquired by Manjushree Technopack in June 2016.
The legal entities of Varahi Polymer currently have 3 directors, including Mukesh Ravishanker Dave, Jitenkumar Yogeshbhai Dave, Kashish Ashit Shah.
