Varam Power Projects Private Limited
About Varam Power Projects Private Limited
Data last updated:
Varam Power Projects Private Limited is a private limited company based in Srikakulam, Andhra Pradesh, India. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 18 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U40109AP1999PTC030929. Its GSTIN is 37AABCV2160J1ZB (Andhra Pradesh).
The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹6.13 Cr. It is led by directors including Santosh Kumar Andhavarapu and Govindharajulu Boyina.
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 Door No. 8 – 4 – 120/3 Raja Complex G T Road Srikakulam – 532 001., Andhra Pradesh, India – 532001.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.36 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹4.35 Cr (net margin -81%) and EBITDA of -₹7.97 Cr (EBITDA margin -148.6%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 24% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹31.81 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Varam Power Projects has one previous CIN (Corporate Identification Number): U99999AP1999PLC030929. The current CIN is U40109AP1999PTC030929, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109AP1999PTC030929 | Current |
| U99999AP1999PLC030929 | Previous |
Contact details
Varam Power Projects Private Limited's registered office is in Srikakulam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No. 8 – 4 – 120/3 Raja Complex G T Road Srikakulam – 532 001., Andhra Pradesh, India – 532001
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Varam Power Projects 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
Financials of Varam Power Projects Private Limited
FY 2025 filings availableVaram Power Projects Private Limited reported revenue of ₹5.36 Cr (down 62% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 62% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.36 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.35 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -148.6% | ||||
| Net Profit Margin | -81% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Varam Power Projects Private Limited, buy the company report.
Board of directors of Varam Power Projects Private Limited
Varam Power Projects has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Andhavarapu | Director | 30 Sep 2006 | 20 Years 0 Months | Current |
| Govindharajulu Boyina | Director | 18 Jan 1999 | 27 Years 9 Months | Current |
| Venkata Nagendra Prasad Andhavarapu | Director | 31 May 2005 | 21 Years 4 Months | Current |
| Satya Srinivasa Boyina | Director | 31 May 2005 | 21 Years 4 Months | Current |
Auditor
Varam Power Projects Private Limited is audited by SOMAYAJULU & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOMAYAJULU & ASSOCIATES | FY 2020 | 010629S |
Shareholding
The shareholding of Varam Power Projects Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Varam Power Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2018 | 100163826 | Others | ₹13.76 Lakh | Satisfied | |
| 16 Jul 2015 | 10581641 | The Karur Vysya Bank Limited | ₹15 Lakh | Satisfied | |
| 31 May 2015 | 10574391 | Tata Capital Financial Services Limited | ₹17.99 Lakh | Satisfied | |
| 05 Jun 2012 | 10362937 | Andhra Bank | ₹3.76 Cr | Satisfied | |
| 19 Jul 2011 | 10300668 | The Karur Vysya Bank Limited | ₹19.8 Lakh | Satisfied |
To see the full charge records of Varam Power Projects Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Varam Power Projects Private Limited has 5 court cases on record: 4 filed by Varam Power Projects, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh and 4 others | Disposed |
| High Court | Writ petition | Filed by the company against The State of Andhra Pradesh and 4 others | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by M/. Zenith Energy Ervice Pvt., TD., | Disposed |
| High Court, ANDHRAPRADESH | Criminal complaint | Filed by the company against individuals | Disposed |
| High Court | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Varam Power Projects 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 Varam Power Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varam Power Projects Private Limited has a workforce of 78 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Varam Power Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCV2160J1ZB | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varam Power Projects Private Limited, buy the company report.
Recent activity
Varam Power Projects Private Limited has 5 board changes on record since 1999: 4 appointments and 1 cessation. The latest: Varaha Narasimham Andhavarapu ceased to be Managing Director on 02 Sep 2020.
21 earlier events are in the company report.
Frequently asked questions
Varam Power Projects is an active private limited company based in Srikakulam, Andhra Pradesh, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 18 January 1999 (27+ years old) and is registered under CIN U40109AP1999PTC030929.
Varam Power Projects has 4 current directors:
- Santosh Kumar Andhavarapu - Director
- Govindharajulu Boyina - Director
- Venkata Nagendra Prasad Andhavarapu - Director
- Satya Srinivasa Boyina - Director
The latest financial statements of Varam Power Projects 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 2015 are in the company report.
The GSTIN of Varam Power Projects is 37AABCV2160J1ZB, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Varam Power Projects is U40109AP1999PTC030929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varam Power Projects has 5 court cases on record: 4 filed by the company and 1 filed against it.
Varam Power Projects was incorporated on 18 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Vijayawada.
Varaha Narasimham Andhavarapu ceased to be Managing Director on 02 Sep 2020. Santosh Kumar Andhavarapu was appointed as Director on 30 Sep 2006. Satya Srinivasa Boyina was appointed as Director on 31 May 2005. Varam Power Projects has 5 board changes on record in total.
The registered office of Varam Power Projects is at Door No. 8 – 4 – 1203 Raja Complex G T Road Srikakulam – 532 001., Andhra Pradesh, India – 532001.
Varam Power Projects operates in the environment industry, in the biofuel and biomass energy segment.