G Varadan Limited
About G Varadan Limited
Data last updated:
G Varadan Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Lahoti Overseas Limited. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 23 April 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1960PLC011656.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as G Varadan Private Limited. It is led by directors including Umesh Lahoti and Saurabh Umesh Lahoti.
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 306 Arun Chamberstardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.13 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹12.67 Lakh (net margin 74%) and EBITDA of ₹16.5 Lakh (EBITDA margin 96.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 61% over five years.
As per MCA filings, the company has open charges of ₹24.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
G Varadan has one previous CIN (Corporate Identification Number): L29299MH1960PLC011656. The current CIN is U29299MH1960PLC011656, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299MH1960PLC011656 | Current |
| L29299MH1960PLC011656 | Previous |
Contact details
G Varadan Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address306 Arun Chamberstardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of G Varadan Limited, buy the company report.
- 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
Financials of G Varadan Limited
FY 2025 filings availableG Varadan Limited reported revenue of ₹17.13 Lakh (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 61%. EBITDA fell 39% 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
| 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 | ₹16.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.67 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.3% | ||||
| Net Profit Margin | 74% | ||||
| 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 G Varadan Limited, buy the company report.
Board of directors of G Varadan Limited
G Varadan has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Lahoti | Director | 04 Jan 2002 | 24 Years 10 Months | Current |
| Saurabh Umesh Lahoti Also directs: Bhalchandram Clothing Limited, Shakambri Fabrics Private Limited, Janaksuta Textile and Yarns Private Limited and 4 more | Director | 27 Oct 2015 | 11 Years 0 Months | Current |
| Ujwal Rambilas Lahoti | Director | 04 Jan 2002 | 24 Years 10 Months | Current |
Peer comparison
G Varadan Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Benara Valves Limited | ₹17.38 Lakh (FY 2020) | -99.0% | Uttar Pradesh, India | |||
| G Varadan Limitedthis company | ₹17.13 Lakh (FY 2025) | ₹12.67 Lakh | 74% | -38.0% | Mumbai, Maharashtra, India | |
| Samata Systems Private Limited | ₹17.12 Lakh (FY 2025) | -10.0% | Bangalore, Karnataka, India | |||
| Zinglebasket Foods & Beverages Private Limited | ₹17.05 Lakh (FY 2025) | 45.0% | Kalyan, Maharashtra, India | |||
| Chirag Energy Private Limited | ₹16.92 Lakh (FY 2025) | -79.0% | Delhi, India | |||
| Impexia Source India Private Limited | ₹16.82 Lakh (FY 2019) | Nagpur, Maharashtra, India |
To see the full peer comparison of G Varadan Limited, buy the company report.
Auditor
G Varadan Limited is audited by P C Ghadiali And Co Llp for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P C Ghadiali And Co Llp | FY 2022 | 103132W |
Shareholding
The shareholding of G Varadan Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of G Varadan Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2012 | 10343304 | State Bank of India | ₹23.85 Cr | Open | |
| 26 Jul 1996 | 90240256 | Canara Bank | ₹44,000 | Open | |
| 27 Jan 1996 | 90240177 | Bank of India | ₹2.5 Lakh | Open | |
| 24 Jul 1995 | 90240096 | Bank of India | ₹9 Lakh | Open | |
| 25 Nov 1994 | 90239993 | Bank of India | ₹3 Lakh | Open |
To see the full charge records of G Varadan Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving G Varadan 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 G Varadan 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 G Varadan Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
G Varadan Limited has 5 board changes on record since 2002: 3 appointments and 2 cessations. The latest: Saurabh Umesh Lahoti ceased to be Additional Director on 09 Sep 2016.
9 earlier events are in the company report.
Frequently asked questions
G Varadan is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 23 April 1960 (66+ years old) and is registered under CIN U29299MH1960PLC011656.
G Varadan has 3 current directors:
- Umesh Lahoti - Director
- Saurabh Umesh Lahoti - Director
- Ujwal Rambilas Lahoti - Director
The latest financial statements of G Varadan on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of G Varadan is U29299MH1960PLC011656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G Varadan was incorporated on 23 April 1960, making it 66+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of G Varadan by revenue are Benara Valves Limited, Samata Systems Private Limited, Zinglebasket Foods & Beverages Private Limited, Chirag Energy Private Limited, Impexia Source India Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Saurabh Umesh Lahoti ceased to be Additional Director on 09 Sep 2016. Rukminibai Rambilas Lahoti ceased to be Director on 31 Oct 2015. Saurabh Umesh Lahoti was appointed as Director on 27 Oct 2015. G Varadan has 5 board changes on record in total.
The registered office of G Varadan is at 306 Arun Chamberstardeo Road, Mumbai, Maharashtra, India – 400034.
G Varadan operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
G Varadan has open charges of ₹24.06 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of G Varadan is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
