MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-02-0002120
Varun Foils Limited - metals and minerals in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹227.55 Cr
▲ 14% YoY
Net profit · FY 2025
₹81.98 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹5.15 Cr
EBITDA margin 2.3%
Authorised capital
₹6.75 Cr
Registered with MCA
Paid-up capital
₹6.75 Cr
Issued & subscribed
Open charges
₹97.94 Cr
Satisfied ₹56.15 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
13
Provident fund records
About Varun Foils Limited
Data last updated:
Varun Foils Limited is a public limited company based in Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120DL2007PLC167529. Its GSTIN is 06AACCV5388H1Z0 (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.75 Cr and a paid-up capital of ₹6.75 Cr. It is led by directors including Varun Sharma (Managing Director) and Shashi Sharma (Whole-Time Director).
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 36 Ssi G.T. Karnal Road, Delhi, India – 110033.
As per the financials filed for FY 2025, the company reported a revenue of ₹227.55 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹81.98 Lakh (net margin 0.4%) and EBITDA of ₹5.15 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹97.94 Cr and satisfied charges of ₹56.15 Cr on record. Court records list 32 cases involving the company, including 22 filed by the company and 10 filed against it; 6 cases are pending.
Varun Foils Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-02-0002120). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varun-group.com.
Company details
CIN U74120DL2007PLC167529
Registration Number 167529
Incorporation Date 30 August 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-02-0002120
Key People
Varun Sharma Managing Director Shashi Sharma Whole-Time Director Arun Sharma Kumar Director Recognitions & Rankings of Varun Foils
Contact details
Varun Foils Limited's registered office is in Delhi, Delhi. Its website is varun-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address36 Ssi G.T. Karnal Road, Delhi, India – 110033
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Varun Foils Limited, buy the company report.
Comprehensive company report
Varun Foils Limited - one report that includes everything
- 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
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Business activity
The main business activity of Varun Foils is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Varun Foils Limited, buy the company report.
Financials of Varun Foils Limited
FY 2025 filings availableVarun Foils Limited reported revenue of ₹227.55 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹227.55 Cr ▲ 14%
Net profit · FY 2025
₹81.98 Lakh margin 0.4%
EBITDA · FY 2025
₹5.15 Cr margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 11%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 19%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 14% growth in the latest year. EBITDA rose 1% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹81.98 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Varun Foils Limited, buy the company report.
Board of directors of Varun Foils Limited
Varun Foils has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Sharma Also directs: Varun Products Private Limited | Managing Director | 30 Aug 2007 | 19 Years 2 Months | Current |
| Arun Sharma Kumar | Director | 30 Aug 2007 | 19 Years 2 Months | Current |
| Shashi Sharma | Whole-Time Director | 30 Aug 2007 | 19 Years 2 Months | Current |
Peer comparison
Varun Foils Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atibir Hitech Private Limited | ₹228.87 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Juhi Alloys Private Limited | ₹228.8 Cr (FY 2025) | 62.0% | Kanpur, Uttar Pradesh, India | |||
| Omkamal Steel Private Limited | ₹228.77 Cr (FY 2025) | -6.0% | Bhilai, Chhattisgarh, India | |||
| Sonal Irons Industry Private Limited | ₹228.42 Cr (FY 2025) | -18.0% | Bangalore, Karnataka, India | |||
| Sonal Vyapar Private Limited | ₹227.85 Cr (FY 2025) | -2.0% | Salem, Tamil Nadu, India | |||
| Varun Foils Limitedthis company | ₹227.55 Cr (FY 2025) | ₹81.98 Lakh | 0.4% | 14.0% | 13 | Delhi, India |
| Surani Steel Tubes Limited | ₹227.39 Cr (FY 2025) | 46.0% | Sampa, Gujarat, India | |||
| Ambica Alloys and Steels India Private Limited | ₹227.23 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| D H Bars & Wires Private Limited | ₹226.33 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Sumangal Ispat Private Limited | ₹225.88 Cr (FY 2024) | -6.0% | Durgapur Mc, West Bengal, India |
To see the full peer comparison of Varun Foils Limited, buy the company report.
Auditor
Varun Foils Limited is audited by N.D. Gupta & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.D. Gupta & Company | FY 2023 | 05389N |
Shareholding
The shareholding of Varun Foils Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varun Foils Limited, buy the company report.
Charges & borrowings
Open charges
₹97.94 Cr
Satisfied charges
₹56.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2025 | 101097019 | Hdfc Bank Limited | ₹1.4 Cr | Open | |
| 07 Jun 2018 | 100198254 | Hdfc Bank Limited | ₹77.32 Cr | Open | |
| 11 Sep 2017 | 100152262 | Hdfc Bank Limited | ₹19.22 Cr | Open | |
| 30 Sep 2014 | 10541189 | Ing Vysya Bank Limited | ₹21 Cr | Satisfied | |
| 05 May 2011 | 10288712 | State Bank of India | ₹8.65 Cr | Satisfied |
To see the full charge records of Varun Foils Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Varun Foils Limited has 32 court cases on record: 22 filed by Varun Foils, 10 filed against it. 6 cases are pending and 26 are disposed.
Total cases
32
Filed by the company
22
Filed against the company
10
Pending
6
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 8 | 3 |
| High courts | 4 | 2 | 3 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhiwani, Haryana | Commercial suit | Filed by the company against M/S Inox Tubes Pvt. Limited | Disposed |
| District court, Bhiwani, Haryana | Commercial suit | Filed by the company against Joyti Divya Fabrication Ltd. and 1 other | Disposed |
| High Court of Punjab and Haryana | Appeal | Filed against the company by an individual | Pending |
| District court, Bhiwani, Haryana | Cheque dishonour complaint | Filed by the company against M/S Shree Shyam Industries | Pending |
| District court, Bhiwani, Haryana | Cheque dishonour complaint | Filed by the company against M/S Shree Shyam Industries, | Pending |
To see the full case history of Varun Foils 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 Varun Foils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varun Foils Limited has a workforce of 13 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-27.78%
GST
Varun Foils has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCV5388H1Z0 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varun Foils Limited, buy the company report.
Recent activity
Varun Foils Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Shashi Sharma ceased to be Director on 04 May 2019.
AGM
Varun Foils Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.40 Cr with Charge ID 101097019 was registered on 28 Apr 2025.
Filing
Varun Foils Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 77.32 Cr registered on 07 Jun 2018 with Charge ID 100198254 was modified on 26 Dec 2022.
Ceased
Shashi Sharma ceased to be Director.
Ceased
Varun Sharma ceased to be Director.
Charges
A charge registered on 30 Sep 2014 via Charge ID 10541189 with Ing Vysya Bank Limited was fully satisfied on 20 Dec 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 77.32 Cr with Charge ID 100198254 was registered on 07 Jun 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.22 Cr with Charge ID 100152262 was registered on 11 Sep 2017.
Charges
A charge with Ing Vysya Bank Limited of Rs. 21.00 Cr registered on 30 Sep 2014 with Charge ID 10541189 was modified on 22 Jan 2015.
Charges
A charge registered on 05 May 2011 via Charge ID 10288712 with State Bank Of India was fully satisfied on 17 Jan 2015.
Charges
A charge registered on 08 Apr 2011 via Charge ID 10288705 with State Bank Of India was fully satisfied on 17 Jan 2015.
12 earlier events are in the company report.
Frequently asked questions
Varun Foils is an active public limited company based in Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 August 2007 (19+ years old) and is registered under CIN U74120DL2007PLC167529.
Varun Foils has 3 current directors:
- Varun Sharma - Managing Director
- Shashi Sharma - Whole-Time Director
- Arun Sharma Kumar - Director
The latest financial statements of Varun Foils 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 GSTIN of Varun Foils is 06AACCV5388H1Z0, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Varun Foils is U74120DL2007PLC167529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Foils has 32 court cases on record: 22 filed by the company and 10 filed against it. 6 are pending. Most are in the district courts.
Varun Foils was incorporated on 30 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Varun Foils by revenue are Atibir Hitech Private Limited, Juhi Alloys Private Limited, Omkamal Steel Private Limited, Sonal Irons Industry Private Limited, Sonal Vyapar Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Shashi Sharma ceased to be Director on 04 May 2019. Varun Sharma ceased to be Director on 04 May 2019. Arun Sharma Kumar was appointed as Director on 30 Aug 2007. Varun Foils has 5 board changes on record in total.
Yes, Varun Foils is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-02-0002120).
Varun Foils can be reached through the website varun-group.com. Its registered office is in Delhi, India.
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