MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-13-0028247
Varad Ferro-Alloys Private Limited
Varad Ferro-Alloys Private Limited - metals and minerals in Jalna, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.14 Cr
▼ 27% YoY
Net profit · FY 2025
₹3.46 Cr
Net margin 8.6%
EBITDA · FY 2025
₹5.85 Cr
EBITDA margin 14.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹15.26 Lakh
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹4 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Varad Ferro-Alloys Private Limited
Data last updated:
Varad Ferro-Alloys Private Limited is a private limited company based in Jalna, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 17 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U27310MH2017PTC297429. Its GSTIN is 27AAGCV0153N1Z2 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹15.26 Lakh. It is led by directors Gaurav Kasat and Dipesh Nandkishorji Mandhani.
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 Santosh Hybrid Seeds Co. Pvt. Ltd. Survey No. 137 Part Jalna Bhokardan Road Opp. Dhawleshw, Ar Temple, Maharashtra, India – 431203.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.14 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.46 Cr (net margin 8.6%) and EBITDA of ₹5.85 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹4 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
Varad Ferro-Alloys Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-13-0028247). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27310MH2017PTC297429
Registration Number 297429
Incorporation Date 17 July 2017
ROC Nagpur
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 Small
Udyam Registration UDYAM-MH-13-0028247
Recognitions & Rankings of Varad Ferro-Alloys
Contact details
Varad Ferro-Alloys Private Limited's registered office is in Jalna, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSantosh Hybrid Seeds Co. Pvt. Ltd. Survey No. 137 Part Jalna Bhokardan Road Opp. Dhawleshw, Ar Temple, Maharashtra, India – 431203
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Varad Ferro-Alloys Private Limited, buy the company report.
Comprehensive company report
Varad Ferro-Alloys Private 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 Varad Ferro-Alloys 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 Ferro-Alloys Private Limited, buy the company report.
Financials of Varad Ferro-Alloys Private Limited
FY 2025 filings availableVarad Ferro-Alloys Private Limited reported revenue of ₹40.14 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹40.14 Cr ▼ 27%
Net profit · FY 2025
₹3.46 Cr margin 8.6%
EBITDA · FY 2025
₹5.85 Cr margin 14.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 22%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 128%
5 years · compounded
▲ 84%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹5.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.46 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 14.6% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Varad Ferro-Alloys Private Limited, buy the company report.
Board of directors of Varad Ferro-Alloys Private Limited
Varad Ferro-Alloys has 2 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 |
|---|---|---|---|---|
| Gaurav Kasat Also directs: Kilburn Office Automation Limited, Geeta Refinery Private Limited | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
| Dipesh Nandkishorji Mandhani | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Varad Ferro-Alloys Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal 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 |
|---|---|---|---|---|---|---|
| DP Industries India Private Limited | ₹40.24 Cr (FY 2024) | -9.0% | New Delhi, Delhi, India | |||
| Guardian Infratech Private Limited | ₹40.17 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Varad Ferro-Alloys Private Limitedthis company | ₹40.14 Cr (FY 2025) | ₹3.46 Cr | 8.6% | -27.0% | Jalna, Maharashtra, India | |
| Garg and Company Private Limited | ₹39.69 Cr (FY 2024) | 11.0% | New Delhi, Delhi, India | |||
| Devsaria Iron & Steel Company Private Limited | ₹39.65 Cr (FY 2024) | -2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Varad Ferro-Alloys Private Limited, buy the company report.
Auditor
Varad Ferro-Alloys Private Limited is audited by Kuthiala & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kuthiala & Associates | FY 2023 | 028424N |
Shareholding
The shareholding of Varad Ferro-Alloys Private 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 Varad Ferro-Alloys Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2022 | 100594986 | State Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of Varad Ferro-Alloys Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Varad Ferro-Alloys Private Limited has 3 court cases on record: 1 filed by Varad Ferro-Alloys, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by The Principal Commissioner of Income Tax 1 | Pending |
| Supreme Court | Court case | Filed against the company by The Principal Commissioner of Income Tax 1 | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Principal Commissioner Income Tax and Others and 3 others | Disposed |
To see the full case history of Varad Ferro-Alloys Private 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 Ferro-Alloys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varad Ferro-Alloys has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV0153N1Z2 | Maharashtra | Active | 23 Aug 2017 |
To see the full GST registrations and return filing status of Varad Ferro-Alloys Private Limited, buy the company report.
Recent activity
Varad Ferro-Alloys Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Suraj Purushottam Soni ceased to be Additional Director on 26 Aug 2019.
AGM
Varad Ferro-Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 Jun 2022 via Charge ID 100594986 with State Bank Of India was fully satisfied on 19 Jul 2025.
Filing
Varad Ferro-Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Charges
A charge with State Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100594986 was registered on 30 Jun 2022.
Ceased
Suraj Purushottam Soni ceased to be Additional Director.
Appointed
Gaurav Kasat was appointed as Director.
Ceased
Sanjaykumar Shivprasad Sarda ceased to be Additional Director.
Appointed
Dipesh Nandkishorji Mandhani was appointed as Director.
Incorporation
17 Jul 2017
Varad Ferro-Alloys Private Limited was registered on 17 Jul 2017 with Roc Nagpur & aged 9 years 3 months as per MCA records.
Frequently asked questions
Varad Ferro-Alloys is an active private limited company based in Jalna, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 17 July 2017 (9+ years old) and is registered under CIN U27310MH2017PTC297429.
Varad Ferro-Alloys has 2 current directors:
- Gaurav Kasat - Director
- Dipesh Nandkishorji Mandhani - Director
The latest financial statements of Varad Ferro-Alloys 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 FY 2018 are in the company report.
The GSTIN of Varad Ferro-Alloys is 27AAGCV0153N1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varad Ferro-Alloys is U27310MH2017PTC297429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varad Ferro-Alloys has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the supreme court.
Varad Ferro-Alloys was incorporated on 17 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Varad Ferro-Alloys by revenue are DP Industries India Private Limited, Guardian Infratech Private Limited, Garg and Company Private Limited, Devsaria Iron & Steel Company Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Suraj Purushottam Soni ceased to be Additional Director on 26 Aug 2019. Gaurav Kasat was appointed as Director on 18 Jun 2019. Sanjaykumar Shivprasad Sarda ceased to be Additional Director on 04 Feb 2019. Varad Ferro-Alloys has 4 board changes on record in total.
Yes, Varad Ferro-Alloys is registered as a small enterprise under Udyam registration (number: UDYAM-MH-13-0028247).
The registered office of Varad Ferro-Alloys is at Santosh Hybrid Seeds Co. Pvt. Ltd. Survey No. 137 Part Jalna Bhokardan Road Opp. Dhawleshw, Ar Temple, Maharashtra, India – 431203.
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