Var Consulting Private Limited
About Var Consulting Private Limited
Data last updated:
Var Consulting Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 01 August 2002.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U30007GJ2002PTC041043.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Dharmendra Jagdish Patel and Shaival Vinodchandra Dalwadi.
Its last annual general meeting (AGM) was held on 20 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 705 Avdhesh Houseopp Gurudwara Sarkhej Hiway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.33 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹4.05 Lakh (net margin -305.2%) and EBITDA of -₹55,286 (EBITDA margin -41.7%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
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- Registered Address705 Avdhesh Houseopp Gurudwara Sarkhej Hiway, Ahmedabad, Gujarat, India – 380054
- IndustryService, Information Technology Services
- 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
Financials of Var Consulting Private Limited FY 2019 filings available
Var Consulting Private Limited reported revenue of ₹1.33 Lakh (down 87% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Var Consulting Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 87% fall in the latest year. EBITDA fell 105% 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 Var Consulting Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹55,286 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.05 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 Var Consulting Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -41.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -305.2% | •••• | •••• | •••• | •••• |
| 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 Var Consulting 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.
Auditor Details of Var Consulting Private Limited
Var Consulting Private Limited is audited by CHANDULAL M. SHAH & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDULAL M. SHAH & CO. | 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.
Board of Directors of Var Consulting Private Limited
Var Consulting has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmendra Jagdish Patel | Director | 15 Jun 2011 | 15 Years 3 Months | As last reported |
| Shaival Vinodchandra Dalwadi | Additional Director | 09 Mar 2021 | 5 Years 6 Months | As last reported |
Ownership and Shareholding of Var Consulting 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 Var Consulting Private Limited
Var Consulting Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Var Consulting Private Limited
Employment history and EPFO contributions of people linked to Var Consulting.
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 Var Consulting Private Limited
Var Consulting Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Amratlal Ishwerlal Prajapati ceased to be Director on 11 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Var Consulting 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 Var Consulting 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 Var Consulting 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 Var Consulting Private Limited
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 Var Consulting 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 Var Consulting Private Limited
Var Consulting has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Var Consulting was a private limited company based in Ahmedabad, Gujarat, India. The company worked in information technology services, within the service industry. It was incorporated on 01 August 2002 and is registered under CIN U30007GJ2002PTC041043. The company has been struck off by the Registrar of Companies and is no longer operational.
Var Consulting had 2 directors:
- Dharmendra Jagdish Patel - Director
- Shaival Vinodchandra Dalwadi - Additional Director
The CIN (Corporate Identification Number) of Var Consulting is U30007GJ2002PTC041043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Var Consulting is at 705 Avdhesh Houseopp Gurudwara Sarkhej Hiway, Ahmedabad, Gujarat, India – 380054.
Var Consulting was incorporated on 01 August 2002. It is registered with the Registrar of Companies, Ahmedabad.
Var Consulting reported revenue of ₹1.33 Lakh for FY 2019 (down 87% YoY).
Var Consulting has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Var Consulting reported a net loss of ₹4.05 Lakh (net margin -305.2%) and EBITDA of -₹55,286 (EBITDA margin -41.7%) for FY 2019, as per its filed financial statements.
Var Consulting operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.