About Varahi Pharma Private Limited
Data last updated:
Varahi Pharma Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24297TG2010PTC066811. Its GSTIN is 37AADCV1745M1ZY (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.3 Cr and a paid-up capital of ₹11.23 Cr. It was formerly known as Varahi Pharma Limited. It is led by directors including Ashok Vasudevan (Managing Director) and Shekhar Reddy Gangula.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 403 Vineyard Mist 456 A & B Defence Colony Sainikpuri, Hyderabad, Telangana, India – 500094.
As per the financials filed for FY 2021, the company reported a revenue of ₹43.85 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹25.81 Lakh (net margin 0.6%) and EBITDA of ₹2.57 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 32% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.13 Cr and satisfied charges of ₹25.87 Cr on record. Court records list 22 cases involving the company, including 11 filed by the company and 11 filed against it; 9 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹12.69 Cr; the latest was in March 2017. Its 10 peer companies in the Pharma industry (Formulations) are compared by revenue, 5 larger and 5 smaller; the largest is Lexicon Worldwide Limited with revenue of ₹44.19 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varahipharma.wordpress.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address403 Vineyard Mist 456 A & B Defence Colony Sainikpuri, Hyderabad, Telangana, India – 500094
- IndustryPharma, Drug Formulation & Development
- 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
Business Activity of Varahi Pharma Private Limited
The main business activity of Varahi Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical 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 Varahi Pharma Private Limited FY 2021 filings available
Varahi Pharma Private Limited reported revenue of ₹43.85 Cr (up 46% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Varahi Pharma Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 46% growth in the latest year. EBITDA fell 1% 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 Varahi Pharma Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹43.85 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.81 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 Varahi Pharma Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Varahi Pharma 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 Varahi Pharma Private Limited
Varahi Pharma Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lexicon Worldwide Limited | ₹44.19 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Solan Hp, Himachal Pradesh, India |
| Blisson Mediplus Private Limited | ₹44.12 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Affine Formulations Limited | ₹44.05 Cr (FY 2022) | •••• | •••• | 4.0% | •••• | Indore, Madhya Pradesh, India |
| Blisson Medica Private Limited | ₹43.99 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Quality Pharma Products Private Limited | ₹43.95 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Assam, India |
| Varahi Pharma Private Limited this company | ₹43.85 Cr (FY 2021) | •••• | •••• | 46.0% | •••• | Hyderabad, Telangana, India |
| Medibest Pharma Private Limited | ₹43.84 Cr (FY 2024) | •••• | •••• | 65.0% | •••• | Hosur, Tamil Nadu, India |
| Tristar Formulations Private Limited | ₹43.68 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Puducherry, India |
| Dhara Lifescience Private Limited | ₹43.49 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Ahmedabad, Gujarat, India |
| Sangharsh Lifecare Private Limited | ₹43.47 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Ahmedabad, Gujarat, India |
| Orchev Pharma Pvt Ltd | ₹43.44 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Varahi Pharma by revenue in the Pharma industry (Formulations), 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 Varahi Pharma Private Limited
Varahi Pharma Private Limited is audited by M M REDDY & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M M REDDY & 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 Varahi Pharma Private Limited
Varahi Pharma has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Reddy Gangula | Director | 12 Jul 2014 | 12 Years 3 Months | Current |
| Ashok Vasudevan Also directs: Synpure Labs India Private Limited | Managing Director | 12 Jul 2014 | 12 Years 3 Months | Current |
| Jayarami Reddy Sakam | Director | 13 Aug 2012 | 14 Years 2 Months | Current |
| Gangula Balreddy Suresh | Director | 16 Aug 2014 | 12 Years 1 Months | Current |
| Paresh Maneklal Jani | Director | 23 Aug 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Varahi Pharma 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 Varahi Pharma Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2019 | Others | ₹4 Cr | Open |
| 25 Jun 2018 | Others | ₹13 Lakh | Open |
| 29 Dec 2018 | Hdfc Bank Limited | ₹12.57 Cr | Satisfied |
| 04 Feb 2014 | State Bank of India | ₹9.5 Cr | Satisfied |
| 28 Jan 2013 | Andhra Pradesh State Financial Corporation | ₹3.8 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Varahi Pharma Private Limited
Varahi Pharma Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹12.69 Cr; the latest was in March 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Ramesh Parikh & Samir Parikh HUF, an individual Seller: Samir Parikh HUF, an individual |
| Mar 2017 | Funding round | ₹7.7 Cr | Investors: 4 individuals |
| Mar 2015 | Funding round | ₹2.65 Cr | Investors: 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Nov 2013 | Funding round | ₹2.34 Cr | Investors: 4 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Varahi Pharma Private Limited
Varahi Pharma Private Limited has 22 court cases on record: 11 filed by Varahi Pharma, 11 filed against it. 9 cases are pending and 13 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 11 | 9 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SW) | Filed against the company by Vinipul Inorganics Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Prasol Chemicals Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by Vinipul Inorganics Private Limited | Disposed |
| District court, Medchal Malkajgiri, Telangana | Criminal complaint | Filed by the company against Sharon Bio-Medicine Limited | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Aptonline Limited | Disposed |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Varahi Pharma Private Limited
Varahi Pharma Private Limited has a workforce of 44 employees as of Apr 08, 2024.
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 Varahi Pharma Private Limited
Varahi Pharma has one previous CIN (Corporate Identification Number): U24297AP2010PTC066811. The current CIN is U24297TG2010PTC066811, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24297TG2010PTC066811 | Current |
| U24297AP2010PTC066811 | Previous |
Recent Activity on Varahi Pharma Private Limited
Varahi Pharma Private Limited has 14 board changes on record since 2012: 5 appointments and 9 cessations. The latest: Paresh Maneklal Jani ceased to be Additional Director on 30 Sep 2021.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varahi Pharma 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 Varahi Pharma 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 Varahi Pharma 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 Varahi Pharma Private Limited
Varahi Pharma has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCV1745M1ZY | Andhra Pradesh | Active | 01 Jul 2017 |
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 Varahi Pharma 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 Varahi Pharma Private Limited
Varahi Pharma is an active private limited company based in Hyderabad, Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 27 January 2010 (16+ years old) and is registered under CIN U24297TG2010PTC066811.
Varahi Pharma reported revenue of ₹43.85 Cr for FY 2021 (up 46% YoY).
Varahi Pharma has 5 current directors:
- Ashok Vasudevan - Managing Director
- Shekhar Reddy Gangula - Director
- Jayarami Reddy Sakam - Director
- Gangula Balreddy Suresh - Director
- Paresh Maneklal Jani - Director
Varahi Pharma reported a net profit of ₹25.81 Lakh (net margin 0.6%) and EBITDA of ₹2.57 Cr (EBITDA margin 5.9%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varahi Pharma is 21% over three years and 32% over five years. In the latest year (FY 2021) revenue rose 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varahi Pharma is 37AADCV1745M1ZY, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Varahi Pharma is U24297TG2010PTC066811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varahi Pharma has 22 court cases on record: 11 filed by the company and 11 filed against it. 9 are pending. Most are in the district courts.
Varahi Pharma was incorporated on 27 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
Varahi Pharma has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹12.69 Cr; the latest was in March 2017.
The peers of Varahi Pharma by revenue are Lexicon Worldwide Limited, Blisson Mediplus Private Limited, Affine Formulations Limited, Blisson Medica Private Limited, Quality Pharma Products Private Limited and 5 more, all in the Pharma industry (Formulations).