About Varasto Material Storage Systems Private Limited
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Varasto Material Storage Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 01 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC287306. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sheela Philip Mathew and Philip Karuvancheril Mathew.
Its last annual general meeting (AGM) was held on 04 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G2 New Malinee Chs Ltd 42 M.C. Road Opp Canossa Girls High School, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.88 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹1.53 Lakh (net margin -14%) and EBITDA of -₹1.41 Lakh (EBITDA margin -13%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varasto.in.
Company details
Contact details
Varasto Material Storage Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is varasto.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG2 New Malinee Chs Ltd 42 M.C. Road Opp Canossa Girls High School, Mumbai, Maharashtra, India – 400093
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Varasto Material Storage Systems 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 Varasto Material Storage Systems Private Limited
FY 2025 filings availableVarasto Material Storage Systems Private Limited reported revenue of ₹10.88 Lakh (down 70% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10.88 Lakh | ||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13% | ||||
| Net Profit Margin | -14% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Varasto Material Storage Systems Private Limited, buy the company report.
Board of directors of Varasto Material Storage Systems Private Limited
Varasto Material Storage Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheela Philip Mathew | Director | 01 Nov 2016 | 9 Years 11 Months | Current |
| Philip Karuvancheril Mathew | Director | 01 Nov 2016 | 9 Years 11 Months | Current |
Auditor
Varasto Material Storage Systems Private Limited is audited by JAIN & JAIN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & JAIN | FY 2021 | 103869W |
Shareholding
The shareholding of Varasto Material Storage Systems Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varasto Material Storage Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varasto Material Storage Systems 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 Varasto Material Storage Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varasto Material Storage Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Varasto Material Storage Systems Private Limited, buy the company report.
Recent activity
Varasto Material Storage Systems Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Philip Karuvancheril Mathew was appointed as Director on 01 Nov 2016.
Frequently asked questions
Varasto Material Storage Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 01 November 2016 (10+ years old) and is registered under CIN U74999MH2016PTC287306.
Varasto Material Storage Systems has 2 current directors:
- Sheela Philip Mathew - Director
- Philip Karuvancheril Mathew - Director
The latest financial statements of Varasto Material Storage Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 October 2025. Year-wise statements from FY 2017 are in the company report.
No. Varasto Material Storage Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Varasto Material Storage Systems is U74999MH2016PTC287306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varasto Material Storage Systems was incorporated on 01 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Philip Karuvancheril Mathew was appointed as Director on 01 Nov 2016. Sheela Philip Mathew was appointed as Director on 01 Nov 2016.
Varasto Material Storage Systems can be reached through the website varasto.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Varasto Material Storage Systems is at G2 New Malinee Chs Ltd 42 M.C. Road Opp Canossa Girls High School, Mumbai, Maharashtra, India – 400093.
Varasto Material Storage Systems operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.