About Varada Plastech Private Limited
Data last updated:
Varada Plastech Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 05 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2018PTC303761. Its GSTIN is 27AAGCV2428L1Z0 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Rani Baliram Balvir and Hemlataben Prakashbhai Gajbhiye.
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 Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.9 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹6.64 Lakh (net margin -7%) and EBITDA of ₹16.82 Lakh (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 45% over five years.
As per MCA filings, the company has open charges of ₹1.07 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varadaplastech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No C 45, MIDC Industrial Area C Zone, Nagpur, Maharashtra, India – 441122
- IndustryManufacturing, Plastic-Based Products
- 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 Varada Plastech Private Limited
The main business activity of Varada Plastech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Varada Plastech Private Limited FY 2025 filings available
Varada Plastech Private Limited reported revenue of ₹94.9 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Varada Plastech Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA fell 53% 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 Varada Plastech Private Limited
| 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 | ₹16.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.64 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 Varada Plastech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7% | •••• | •••• | •••• | •••• |
| 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 Varada Plastech are in the company report.
Financial statements from FY 2018
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 Varada Plastech Private Limited
Varada Plastech Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surbhi Polyplastic Industries Private Limited | ₹95.37 Lakh (FY 2022) | •••• | •••• | •••• | Raipur, Chhattisgarh, India | |
| Eclectic Composites Private Limited | ₹95.17 Lakh (FY 2024) | •••• | •••• | 129.0% | •••• | Pune, Maharashtra, India |
| Saral Advanced Polymer Products Private Limited | ₹95.12 Lakh (FY 2021) | •••• | •••• | 641.0% | •••• | Chennai, Tamil Nadu, India |
| PVS Polyplast Private Limited | ₹95.01 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Ahmedabad, Gujarat, India |
| Vidhi Polychem Private Limited | ₹94.91 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Varada Plastech Private Limited this company | ₹94.9 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Nagpur, Maharashtra, India |
| Centerplast Industries Private Limited | ₹94.85 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Gurgaon, Haryana, India |
| Swapnil Plastic Pvt Ltd | ₹94.68 Lakh (FY 2024) | •••• | •••• | 221.0% | •••• | Sinnar, Maharashtra, India |
| Brahpuria Polymers Private Limited | ₹94.11 Lakh (FY 2024) | •••• | •••• | 24.0% | •••• | Hajipur, Bihar, India |
| Rotoline Tanks Private Limited | ₹93.92 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Ranchi, Jharkhand, India |
| Betterfly Plastics Private Limited | ₹93.65 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Varada Plastech by revenue in the Manufacturing industry (Plastic Based Products), 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 Varada Plastech Private Limited
Varada Plastech Private Limited is audited by K N D & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K N D & ASSOCIATES | 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 Varada Plastech Private Limited
Varada Plastech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rani Baliram Balvir | Director | 09 May 2019 | 7 Years 4 Months | Current |
| Hemlataben Prakashbhai Gajbhiye | Director | 05 Jan 2018 | 8 Years 9 Months | Current |
| Prakash Uttamrao Gajbhiye | Director | 05 Jan 2018 | 8 Years 9 Months | Current |
Ownership and Shareholding of Varada Plastech 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 Varada Plastech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2021 | State Bank of India | ₹1.07 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Varada Plastech Private Limited
Employment history and EPFO contributions of people linked to Varada Plastech.
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 Varada Plastech Private Limited
Varada Plastech Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Rani Baliram Balvir ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Varada Plastech 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 Varada Plastech 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 Varada Plastech 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 Varada Plastech Private Limited
Varada Plastech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV2428L1Z0 | Maharashtra | Active | 02 Feb 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 Varada Plastech 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 Varada Plastech Private Limited
Varada Plastech is an active private limited company based in Nagpur, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 05 January 2018 (8+ years old) and is registered under CIN U25209MH2018PTC303761.
Varada Plastech reported revenue of ₹94.9 Lakh for FY 2025 (down 2% YoY).
Varada Plastech has 3 current directors:
- Rani Baliram Balvir - Director
- Hemlataben Prakashbhai Gajbhiye - Director
- Prakash Uttamrao Gajbhiye - Director
Varada Plastech reported a net loss of ₹6.64 Lakh (net margin -7%) and EBITDA of ₹16.82 Lakh (EBITDA margin 17.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varada Plastech is 72% over three years and 45% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varada Plastech is 27AAGCV2428L1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varada Plastech is U25209MH2018PTC303761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varada Plastech was incorporated on 05 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varada Plastech by revenue are Surbhi Polyplastic Industries Private Limited, Eclectic Composites Private Limited, Saral Advanced Polymer Products Private Limited, PVS Polyplast Private Limited, Vidhi Polychem Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Rani Baliram Balvir ceased to be Additional Director on 29 Sep 2024. Abhijit Prakash Gajbhiye ceased to be Director on 09 May 2019. Rani Baliram Balvir was appointed as Director on 09 May 2019. Varada Plastech has 5 board changes on record in total.
Varada Plastech can be reached through the website varadaplastech.com. Its registered office is in Nagpur, Maharashtra, India.