- Udyam number
- UDYAM-MH-26-0097445

Varada Energies Private Limited
About Varada Energies Private Limited
Data last updated:
Varada Energies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 22 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN2016PTC166093. Its GSTIN is 27AAFCV5729B1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rupada Pankaj Joshi and Shrushti Pankaj Joshi.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹124.37 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹6.08 Cr (net margin 4.9%) and EBITDA of ₹8.75 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹15 Cr on record.
Varada Energies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0097445). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Varada Energies
Contact details
Varada Energies Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSr.No.89/90/91/1 Ashashree Plot – 7 Lane – 6 Meghnasoc. Tulashibagwalecolonysahak, Ar Nagar 2, Pune, Maharashtra, India – 411009
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Varada Energies Private 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 Varada Energies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Varada Energies Private Limited, buy the company report.
Financials of Varada Energies Private Limited
FY 2024 filings availableVarada Energies Private Limited reported revenue of ₹124.37 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 19% growth in the latest year. EBITDA rose 17% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.08 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Varada Energies Private Limited, buy the company report.
Board of directors of Varada Energies Private Limited
Varada Energies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupada Pankaj Joshi | Director | 22 Aug 2016 | 10 Years 2 Months | Current |
| Shrushti Pankaj Joshi Also directs: Varada Energies Financial Solutions LLP | Director | 22 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Varada Energies Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| De Voltrans Private Limited | ₹126.2 Cr (FY 2025) | 67.0% | Thane, Maharashtra, India | |||
| Pace Electricals Private Limited | ₹125.41 Cr (FY 2025) | 43.0% | Bangalore, Karnataka, India | |||
| CSH Power Himoinsa Private Limited | ₹124.61 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Varada Energies Private Limitedthis company | ₹124.37 Cr (FY 2025) | ₹6.08 Cr | 4.9% | 19.0% | Pune, Maharashtra, India | |
| Kamath Transformers Private Limited | ₹124.13 Cr (FY 2024) | 125.0% | Bangalore, Karnataka, India | |||
| Saakshi Medtech and Panels Limited | ₹122.6 Cr (FY 2024) | 0.0% | Pune, Maharashtra, India |
To see the full peer comparison of Varada Energies Private Limited, buy the company report.
Auditor
Varada Energies Private Limited is audited by S N KHANDELWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N KHANDELWAL & CO. | FY 2023 | 142938W |
Shareholding
The shareholding of Varada Energies 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 Varada Energies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2025 | 101055044 | Others | ₹7.5 Cr | Open | |
| 05 Mar 2025 | 101055033 | Others | ₹7.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Varada Energies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varada Energies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varada Energies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV5729B1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varada Energies Private Limited, buy the company report.
Recent activity
Varada Energies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Rupada Pankaj Joshi was appointed as Director on 22 Aug 2016.
Frequently asked questions
Varada Energies is an active private limited company based in Pune, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 22 August 2016 (10+ years old) and is registered under CIN U31909PN2016PTC166093.
Varada Energies has 2 current directors:
- Rupada Pankaj Joshi - Director
- Shrushti Pankaj Joshi - Director
The latest financial statements of Varada Energies 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 FY 2017 are in the company report.
The GSTIN of Varada Energies is 27AAFCV5729B1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varada Energies is U31909PN2016PTC166093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varada Energies was incorporated on 22 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Varada Energies by revenue are De Voltrans Private Limited, Pace Electricals Private Limited, CSH Power Himoinsa Private Limited, Kamath Transformers Private Limited, Saakshi Medtech and Panels Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rupada Pankaj Joshi was appointed as Director on 22 Aug 2016. Shrushti Pankaj Joshi was appointed as Director on 22 Aug 2016.
Yes, Varada Energies is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0097445).
The registered office of Varada Energies is at Sr.No.8990911 Ashashree Plot – 7 Lane – 6 Meghnasoc. Tulashibagwalecolonysahak, Ar Nagar 2, Pune, Maharashtra, India – 411009.
Varada Energies operates in the consumer electronics and durables industry, in the electronics manufacturing segment.

