Varad Agri-Tech Limited
About Varad Agri-Tech Limited
Data last updated:
Varad Agri-Tech Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 23 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52520TG1996PLC022976. Its GSTIN is 36AAACV9799A1ZY (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Ambati Konda Reddy (Managing Director) and Amireddy Reddy Sanjeeva.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.37 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.77 Cr (net margin -32.9%) and EBITDA of -₹96.94 Lakh (EBITDA margin -18%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 38% over five years.
As per MCA filings, the company has open charges of ₹23.89 Cr and satisfied charges of ₹21.85 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 3 cases are pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹4.56 Cr; the latest was in March 2014. Its 4 peer companies in the Agriculture industry (Seeds), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is V. Agro Seeds Private Limited with revenue of ₹5.47 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Varad Agri-Tech has one previous CIN (Corporate Identification Number): U52520AP1996PLC022976. The current CIN is U52520TG1996PLC022976, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52520TG1996PLC022976 | Current |
| U52520AP1996PLC022976 | Previous |
Contact details
Varad Agri-Tech Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 – 6 – 10/A/1 Flat No.103 1 Stfloor Anasuya Commercial Complex Opp:Ttd Kalyana Mandapam Himayat, Nagar, Hyderabad, Telangana, India – 500029
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Varad Agri-Tech 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
Business activity
The main business activity of Varad Agri-Tech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Varad Agri-Tech Limited, buy the company report.
Financials of Varad Agri-Tech Limited
FY 2024 filings availableVarad Agri-Tech Limited reported revenue of ₹5.37 Cr (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 85% fall in the latest year. EBITDA fell 74% 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 |
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| EBITDA | -₹96.94 Lakh | ||||
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| Net Profit (PAT) | -₹1.77 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -18% | ||||
| Net Profit Margin | -32.9% | ||||
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To see the full financial statements and ratios of Varad Agri-Tech Limited, buy the company report.
Board of directors of Varad Agri-Tech Limited
Varad Agri-Tech has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amireddy Reddy Sanjeeva | Director | 23 Jan 1996 | 30 Years 9 Months | Current |
| Ambati Konda Reddy Also directs: Mahankaleswara Agri Tech Private Limited | Managing Director | 23 Jan 1996 | 30 Years 9 Months | Current |
| Kopparthi Reddy Surendra | Director | 23 Jan 1996 | 30 Years 9 Months | Current |
| Nagi Godlaveeti Reddy Also directs: Mahankaleswara Agri Tech Private Limited | Additional Director | 17 Sep 2009 | 17 Years 1 Months | Current |
| Ammireddy Sai Kumar Reddy | Director | 05 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Varad Agri-Tech Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Seeds), 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 |
|---|---|---|---|---|---|---|
| V. Agro Seeds Private Limited | ₹5.47 Cr (FY 2025) | 52.0% | Mansa, Punjab, India | |||
| Gemini Seeds Private Limited | ₹5.44 Cr (FY 2023) | 0.0% | Hyderabad, Telangana, India | |||
| Varad Agri-Tech Limitedthis company | ₹5.37 Cr (FY 2025) | -₹1.77 Cr | -32.9% | -85.0% | Hyderabad, Telangana, India | |
| Mankapur Seeds Co. Private Limited | ₹5.34 Cr (FY 2024) | -38.0% | Gonda, Uttar Pradesh, India | |||
| Mandrail Seeds Private Limited | ₹5.32 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Varad Agri-Tech Limited, buy the company report.
Auditor
Varad Agri-Tech Limited is audited by SATYANARAYANA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATYANARAYANA AND ASSOCIATES | FY 2022 | 007663S |
Shareholding
The shareholding of Varad Agri-Tech Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varad Agri-Tech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2021 | 100539541 | Hdfc Bank Limited | ₹14.2 Lakh | Open | |
| 08 Jun 2020 | 100350184 | Others | ₹3.05 Cr | Open | |
| 08 Jun 2020 | 100350177 | Others | ₹1.7 Cr | Open | |
| 23 Mar 2015 | 10569328 | Andhra Bank | ₹19 Cr | Open | |
| 16 May 1997 | 90115480 | State Bank of India | ₹21.85 Cr | Satisfied |
To see the full charge records of Varad Agri-Tech Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Varad Agri-Tech Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹4.56 Cr; the latest was in March 2014.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹1 Cr | Investors: 4 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Aug 2012 | Funding round | ₹1 Cr | Investors: 4 individuals |
| Feb 2010 | Funding round | ₹2 Cr | Investors: 4 individuals |
To see the full deal history of Varad Agri-Tech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Varad Agri-Tech Limited has 10 court cases on record: 7 filed by Varad Agri-Tech, 3 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 2 |
| District courts | 4 | 3 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Seeds Development Corporation Limited and 2 others | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against M/S. Victory Seeds Private Limited, and 5 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana Co-Operative Oil Seeds Growers Federation Ltd (Tgoilfed), | Pending |
| District court, Nanded, Maharashtra | Court case (Cri.Appeal) | Filed by the company against The State of Maharashtra Through Seed Inspector Nilesh Ramdas Kanwade | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Ap and 2 others | Disposed |
To see the full case history of Varad Agri-Tech Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varad Agri-Tech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varad Agri-Tech has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACV9799A1ZY | Telangana | Active | 01 Jul 2017 |
| 37AAACV9799A1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varad Agri-Tech Limited, buy the company report.
Recent activity
Varad Agri-Tech Limited has 6 board changes on record since 1996: 5 appointments and 1 cessation. The latest: Ammireddy Sai Kumar Reddy was appointed as Director on 05 Mar 2025.
4 earlier events are in the company report.
Frequently asked questions
Varad Agri-Tech is an active public limited company based in Hyderabad, Telangana, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 23 January 1996 (30+ years old) and is registered under CIN U52520TG1996PLC022976.
Varad Agri-Tech has 5 current directors:
- Ambati Konda Reddy - Managing Director
- Amireddy Reddy Sanjeeva - Director
- Kopparthi Reddy Surendra - Director
- Nagi Godlaveeti Reddy - Additional Director
- Ammireddy Sai Kumar Reddy - Director
The latest financial statements of Varad Agri-Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Varad Agri-Tech is 36AAACV9799A1ZY, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAACV9799A1ZW (Andhra Pradesh).
The CIN (Corporate Identification Number) of Varad Agri-Tech is U52520TG1996PLC022976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varad Agri-Tech has 10 court cases on record: 7 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Varad Agri-Tech was incorporated on 23 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Hyderabad.
Varad Agri-Tech has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹4.56 Cr; the latest was in March 2014.
The peers of Varad Agri-Tech by revenue are V. Agro Seeds Private Limited, Gemini Seeds Private Limited, Mankapur Seeds Co. Private Limited, Mandrail Seeds Private Limited, all in the Agriculture industry (Seeds), with the same principal business activity (wholesale trading).
Ammireddy Sai Kumar Reddy was appointed as Director on 05 Mar 2025. Amireddy Reddy Sanjeeva ceased to be Director on 23 May 2024. Nagi Godlaveeti Reddy was appointed as Additional Director on 17 Sep 2009. Varad Agri-Tech has 6 board changes on record in total.
The registered office of Varad Agri-Tech is at 3 – 6 – 10A1 Flat No.103 1 Stfloor Anasuya Commercial Complex Opp:Ttd Kalyana Mandapam Himayat, Nagar, Hyderabad, Telangana, India – 500029.
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