Varaneek Technologies Private Limited

Varaneek Technologies Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72900TG2017PTC115814 Incorporated 10 March 2017 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹6.56 Cr
▲ 72% YoY
Net profit · FY 2025
₹7 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹58.11 Lakh
EBITDA margin 8.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹1.01 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Varaneek Technologies Private Limited

Data last updated:

Varaneek Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC115814. Its GSTIN is 36AAFCV8123M1ZW (Telangana).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Swetha Gattupally and Nitish Reddy Meka.

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 Hyderabad, Telangana.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.56 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹7 Lakh (net margin 1.1%) and EBITDA of ₹58.11 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years and 116% over five years.

The company is associated with 1 brand: Varaneek Technologies. As per MCA filings, the company has open charges of ₹1.01 Cr on record.

Varaneek Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0004035). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varaneektech.com.

Company Details of Varaneek Technologies Private Limited
CIN U72900TG2017PTC115814
Registration Number 115814
Incorporation Date 10 March 2017
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-09-0004035

Recognitions & Rankings of Varaneek Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-TS-09-0004035
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    H.No 6 – 3 – 109/13 To 15/104, Flat No 104 1st Floor Amrutha Ville Opp Yashoda Hospital Rajbhavan Road, Hyderabad, Telangana, India – 500082
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Varaneek Technologies Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Associated Brands

Varaneek Technologies operates one associated brand: Varaneek Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers a comprehensive suite of IT services to enhance daily business operations.varaneektech.com

Business Activity

The main business activity of Varaneek Technologies is support service to organizations. In detail, this covers other support services to organizations.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN7Other support services to organizationsLocked
Premium access

Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Financials of Varaneek Technologies Private Limited

FY 2024 filings available

Varaneek Technologies Private Limited reported revenue of ₹6.56 Cr (up 72% YoY) for FY 2025.

Revenue · FY 2025
₹6.56 Cr ▲ 72%
Net profit · FY 2025
₹7 Lakh margin 1.1%
EBITDA · FY 2025
₹58.11 Lakh margin 8.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 72%
3 years · compounded
▲ 135%
5 years · compounded
▲ 116%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 93%
5 years · compounded
▲ 102%

Revenue has grown at a compounded annual rate (CAGR) of 116% over five years, including 72% growth in the latest year. EBITDA rose 24% 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

MetricsFY 2024-25FY 2020-21 to FY 2023-24in the company report
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₹58.11 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹7 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

MetricsFY 2024-25FY 2020-21 to FY 2023-24in the company report
Profitability
EBITDA Margin8.9%
Net Profit Margin1.1%
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, and every line for FY 2020-21 to FY 2023-24, 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 Varaneek Technologies are in the company report.

Financial statements from FY 2017: available in the company report

Board of Directors of Varaneek Technologies Private Limited

Varaneek Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Swetha GattupallyDirector07 Mar 20197 Years 7 MonthsCurrent
Nitish Reddy MekaDirector10 Mar 20179 Years 7 MonthsCurrent

Peer Comparison

Varaneek Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (other support services to organizations). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rajswami Tradecom India Private Limited₹6.57 Cr (FY 2023)••••••••52237.0%••••Delhi, India
Toyota Enterprise India Private Limited₹6.57 Cr (FY 2025)••••••••16.0%••••Bangalore, Karnataka, India
Lera Investment Technologies India Private Limited₹6.57 Cr (FY 2023)••••••••372.0%••••Pune, Maharashtra, India
Kinetic Facilities Management Private Limited₹6.57 Cr (FY 2024)••••••••18.0%••••Noida, Uttar Pradesh, India
Arclight Facilities Private Limited₹6.56 Cr (FY 2025)••••••••69.0%••••Thane, Maharashtra, India
Varaneek Technologies Private Limited this company₹6.56 Cr (FY 2025)••••••••72.0%••••Hyderabad, Telangana, India
Radiant E Serve Private Limited₹6.56 Cr (FY 2025)••••••••279.0%••••Chennai, Tamil Nadu, India
Values Outsourcing Private Limited₹6.56 Cr (FY 2024)••••••••637.0%••••Bangalore, Karnataka, India
Sunxray Energy Private Limited₹6.55 Cr (FY 2025)••••••••67.0%••••Jaipur, Rajasthan, India
Nisargika Environment Private Limited₹6.55 Cr (FY 2021)••••••••25.0%••••Mumbai, Maharashtra, India
Digital Topup Payment System Private Limited₹6.55 Cr (FY 2025)••••••••3282.0%••••Pingla, West Bengal, India

Peers are the companies nearest to Varaneek Technologies by revenue, above and below it, in the same principal business activity (other support services to organizations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details

Varaneek Technologies Private Limited is audited by S R KUMAR & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
S R KUMAR & ASSOCIATESLockedLockedLocked

Complete auditor history: available in the company report

Ownership and Shareholding

Shareholding and ownership data: available in the company report

Charges & Borrowings

Open charges
₹1.01 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹0.85 Cr
Hdfc Bank Limited₹0.16 Cr
Latest charge details
DateLenderAmountStatus
13 Aug 2024Others₹85 LakhOpen
08 Aug 2022Hdfc Bank Limited₹15.56 LakhOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance

Employment history and EPFO contributions of people linked to Varaneek Technologies.

Employee and EPFO history: available in the company report

Recent Activity

Varaneek Technologies Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Siva Ranjan Dannarapu ceased to be Director on 07 Mar 2019.

AGM
Varaneek Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 85.00 Lakh with Charge ID 100961572 was registered on 13 Aug 2024.
Filing
Varaneek Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.56 Lakh with Charge ID 100674743 was registered on 08 Aug 2022.
Ceased
Siva Ranjan Dannarapu ceased to be Director.
Appointed
Swetha Gattupally was appointed as Director.
Ceased
Ranjith Kumar Macharla ceased to be Director.
Ceased
Sanjeev Kumar Biradar ceased to be Director.
Appointed
Nitish Reddy Meka was appointed as Director.
Incorporation
10 Mar 2017
Varaneek Technologies Private Limited was registered on 10 Mar 2017 with Roc Hyderabad & aged 9 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts

Credit ratings, litigation, and regulatory alerts: available in the company report

MSME Payment Delays

MSME payment history: available in the company report

Subsidiaries & Group Companies

Corporate group structure: available in the company report

GST Compliance

Varaneek Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAFCV8123M1ZWTelanganaActive18 May 2018

GST registrations and filing compliance: available in the company report

MCA Filings & Documents

MCA filings and documents: available in the company report

Frequently Asked Questions

Varaneek Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 March 2017 (9+ years old) and is registered under CIN U72900TG2017PTC115814.

Varaneek Technologies has 2 current directors:

The latest financial statements of Varaneek Technologies 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 Varaneek Technologies is 36AAFCV8123M1ZW, registered in Telangana.

The CIN (Corporate Identification Number) of Varaneek Technologies is U72900TG2017PTC115814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varaneek Technologies was incorporated on 10 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Varaneek Technologies by revenue are Rajswami Tradecom India Private Limited, Toyota Enterprise India Private Limited, Lera Investment Technologies India Private Limited, Kinetic Facilities Management Private Limited, Arclight Facilities Private Limited and 5 more, all in the same principal business activity (other support services to organizations).

Siva Ranjan Dannarapu ceased to be Director on 07 Mar 2019. Swetha Gattupally was appointed as Director on 07 Mar 2019. Ranjith Kumar Macharla ceased to be Director on 21 Aug 2017. Varaneek Technologies has 5 board changes on record in total.

Yes, Varaneek Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-09-0004035).

Varaneek Technologies can be reached through the website varaneektech.com. Its registered office is in Hyderabad, Telangana, India.

The registered office of Varaneek Technologies is at H.No 6 – 3 – 10913 To 15104, Flat No 104 1st Floor Amrutha Ville Opp Yashoda Hospital Rajbhavan Road, Hyderabad, Telangana, India – 500082.

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