Vara Soft Tech Private Limited
About Vara Soft Tech Private Limited
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Vara Soft Tech Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2011PTC072460. Its GSTIN is 36AADCV5528L1ZX (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neerudu Jhansibai and Srinivasarao Beeravally.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 850 Block A2 Vivekananda Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.41 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹24.12 Lakh (net margin 2.6%) and EBITDA of ₹38.83 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No. 850 Block A2 Vivekananda Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, IT Consulting & Support 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
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Business Activity of Vara Soft Tech Private Limited
The main business activity of Vara Soft Tech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vara Soft Tech Private Limited FY 2023 filings available
Vara Soft Tech Private Limited reported revenue of ₹9.41 Cr (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vara Soft Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 4% growth in the latest year. EBITDA fell 10% 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 Vara Soft Tech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.41 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹38.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.12 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 Vara Soft Tech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Vara Soft Tech 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.
Peer Comparison of Vara Soft Tech Private Limited
Vara Soft Tech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skyquest Technology Consulting Private Limited | ₹9.49 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Ahmedabad, Gujarat, India |
| Pioneer Info Solutions India Private Limited | ₹9.46 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Coimbatore, Tamil Nadu, India |
| Jvalin Export Private Limited | ₹9.45 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Krishai Technologies Private Limited | ₹9.43 Cr (FY 2025) | •••• | •••• | 1499.0% | •••• | Bangalore, Karnataka, India |
| Digitamize Innovations Private Limited | ₹9.42 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Hyderabad, Telangana, India |
| Vara Soft Tech Private Limited this company | ₹9.41 Cr (FY 2023) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Surtel Technologies Private Limited | ₹9.41 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Indore, Madhya Pradesh, India |
| RJP Tech and Minerals Private Limited | ₹9.4 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Ahmedabad, Gujarat, India |
| Micro-Azure Computers Private Limited | ₹9.4 Cr (FY 2025) | •••• | •••• | 205.0% | •••• | New Delhi, Delhi, India |
| Shradha AI Technologies Limited | ₹9.4 Cr (FY 2022) | •••• | •••• | 1842.0% | •••• | Nagpur, Maharashtra, India |
| Visual Quest India Private Limited | ₹9.4 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Vara Soft Tech by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vara Soft Tech Private Limited
Vara Soft Tech Private Limited is audited by RAVI & SREENIVASA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAVI & SREENIVASA | 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 Vara Soft Tech Private Limited
Vara Soft Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neerudu Jhansibai | Director | 02 Feb 2011 | 15 Years 8 Months | Current |
| Srinivasarao Beeravally Also directs: SSJ Ferrous Silicon Private Limited, Vrindha IT Solutions Private Limited, CHL Energy Services LLP and 3 more | Director | 02 Feb 2011 | 15 Years 8 Months | Current |
Ownership and Shareholding of Vara Soft Tech 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 Vara Soft Tech Private Limited
Vara Soft Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vara Soft Tech Private Limited
Employment history and EPFO contributions of people linked to Vara Soft Tech.
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.
CIN History of Vara Soft Tech Private Limited
Vara Soft Tech has one previous CIN (Corporate Identification Number): U72200AP2011PTC072460. The current CIN is U72200TG2011PTC072460, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2011PTC072460 | Current |
| U72200AP2011PTC072460 | Previous |
Recent Activity on Vara Soft Tech Private Limited
Vara Soft Tech Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Neerudu Jhansibai was appointed as Director on 02 Feb 2011.
Credit Ratings, Litigation & Regulatory Alerts for Vara Soft Tech 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 Vara Soft Tech 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 Vara Soft Tech 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 Vara Soft Tech Private Limited
Vara Soft Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCV5528L1ZX | Telangana | Active | 12 Sep 2018 |
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 Vara Soft Tech 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 Vara Soft Tech Private Limited
Vara Soft Tech is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 February 2011 (15+ years old) and is registered under CIN U72200TG2011PTC072460.
Vara Soft Tech reported revenue of ₹9.41 Cr for FY 2023 (up 4% YoY).
Vara Soft Tech has 2 current directors:
- Neerudu Jhansibai - Director
- Srinivasarao Beeravally - Director
Vara Soft Tech reported a net profit of ₹24.12 Lakh (net margin 2.6%) and EBITDA of ₹38.83 Lakh (EBITDA margin 4.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vara Soft Tech is 23% over three years and 14% over five years. In the latest year (FY 2023) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vara Soft Tech is 36AADCV5528L1ZX, registered in Telangana.
The CIN (Corporate Identification Number) of Vara Soft Tech is U72200TG2011PTC072460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vara Soft Tech was incorporated on 02 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vara Soft Tech by revenue are Skyquest Technology Consulting Private Limited, Pioneer Info Solutions India Private Limited, Jvalin Export Private Limited, Krishai Technologies Private Limited, Digitamize Innovations Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Neerudu Jhansibai was appointed as Director on 02 Feb 2011. Srinivasarao Beeravally was appointed as Director on 02 Feb 2011.
The registered office of Vara Soft Tech is at Flat No. 850 Block A2 Vivekananda Nagar Colony Kukatpally, Hyderabad, Telangana, India – 500072.