Startup India Government of India
Varchas Animation Studios Private Limited - software in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.05 Lakh
▲ 107% YoY
Net profit · FY 2024
₹1.51 Lakh
Net margin 6.5%
EBITDA · FY 2024
₹2.73 Lakh
EBITDA margin 11.9%
Authorised capital
₹50,000
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Varchas Animation Studios Private Limited
Data last updated:
Varchas Animation Studios Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 30 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2017PTC171215. Its GSTIN is 27AAFCV9909F1ZY (Maharashtra).
The company has an authorised share capital of ₹50,000 and a paid-up capital of ₹50,000. It is led by directors Mohana Vijay Raibole and Vijay Bajrang Raibole.
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 Clover Acropolis Sn – 198 Hn 2/12/2 Fl – 552 D1 Hestia – 1 Viman Nagar, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.05 Lakh, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Lakh (net margin 6.5%) and EBITDA of ₹2.73 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 2% over five years.
The company is associated with 1 brand: Varchas Animation Studios.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varchasstudios.com.
Company Details of Varchas Animation Studios Private Limited
CIN U72200PN2017PTC171215
Registration Number 171215
Incorporation Date 30 June 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Varchas Animation Studios
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressClover Acropolis Sn – 198 Hn 2/12/2 Fl – 552 D1 Hestia – 1 Viman Nagar, Pune, Maharashtra, India – 411014
- IndustrySoftware, Software Publishing, Software Development
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Associated Brands with Varchas Animation Studios Private Limited
Varchas Animation Studios operates one associated brand: Varchas Animation Studios. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Animation production and pre-production services in India. | varchasstudios.com |
Business Activity of Varchas Animation Studios Private Limited
The main business activity of Varchas Animation Studios is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Varchas Animation Studios Private Limited FY 2024 filings available
Varchas Animation Studios Private Limited reported revenue of ₹23.05 Lakh (up 107% YoY) for FY 2024.
Revenue · FY 2024
₹23.05 Lakh ▲ 107%
Net profit · FY 2024
₹1.51 Lakh margin 6.5%
EBITDA · FY 2024
₹2.73 Lakh margin 11.9%
Compounded Annual Growth Rate (CAGR) of Varchas Animation Studios Private Limited
Revenue CAGR growth
1 year
▲ 107%
3 years · compounded
▼ 35%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 149%
3 years · compounded
▼ 55%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 107% growth in the latest year. EBITDA rose 149% 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 Varchas Animation Studios Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹2.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.51 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Varchas Animation Studios Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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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 Varchas Animation Studios are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Varchas Animation Studios Private Limited
Varchas Animation Studios has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohana Vijay Raibole | Director | 30 Jun 2017 | 9 Years 3 Months | Current |
| Vijay Bajrang Raibole | Director | 30 Jun 2017 | 9 Years 3 Months | Current |
Peer Comparison of Varchas Animation Studios Private Limited
Varchas Animation Studios Private Limited is compared with the companies closest to it by revenue in the Animation and VFX industry (Animation Studio). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Keyframes Animation Studios Private Limited | ₹38.7 Lakh (FY 2018) | •••• | •••• | 2.0% | •••• | Thrissur, Kerala, India |
| Pi Animation Studio Private Limited | ₹35.43 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | Kolkata, West Bengal, India |
| Organic Animation Studios Private Limited | ₹35.09 Lakh (FY 2024) | •••• | •••• | •••• | Kandivlai West, Maharashtra, India | |
| Chetan Deshmukh Animation Studios Private Limited | ₹25.17 Lakh (FY 2018) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| O2 Animation Studios Private Limited | ₹24.29 Lakh (FY 2023) | •••• | •••• | -27.0% | •••• | Banalore, Karnataka, India |
| Varchas Animation Studios Private Limited this company | ₹23.05 Lakh (FY 2024) | •••• | •••• | 107.0% | •••• | Pune, Maharashtra, India |
| Starshine Animation Studios Private Limited | ₹20.86 Lakh (FY 2021) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Lil Elephant Animation Studios Private Limited | ₹14.86 Lakh (FY 2019) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Pandahut Animation Studio (OPC) Private Limited | ₹13.74 Lakh (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Eclectic Media and Animation Studio Private Limited | ₹12.46 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Noida, Uttar Pradesh, India |
| 1 Source Animation Studio India Private Limited | ₹9.95 Lakh (FY 2019) | •••• | •••• | -49.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Varchas Animation Studios by revenue in the Animation and VFX industry (Animation Studio), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Varchas Animation Studios Private Limited
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Charges & Borrowings of Varchas Animation Studios Private Limited
Varchas Animation Studios Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Varchas Animation Studios Private Limited
Employment history and EPFO contributions of people linked to Varchas Animation Studios.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Varchas Animation Studios Private Limited
Varchas Animation Studios Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Mohana Vijay Raibole was appointed as Director on 30 Jun 2017.
AGM
Varchas Animation Studios Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varchas Animation Studios Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Mohana Vijay Raibole was appointed as Director.
Appointed
Vijay Bajrang Raibole was appointed as Director.
Incorporation
30 Jun 2017
Varchas Animation Studios Private Limited was registered on 30 Jun 2017 with Roc Pune & aged 9 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Varchas Animation Studios Private Limited
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MSME Payment Delays by Varchas Animation Studios Private Limited
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Subsidiaries & Group Companies of Varchas Animation Studios Private Limited
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GST Compliance of Varchas Animation Studios Private Limited
Varchas Animation Studios has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV9909F1ZY | Maharashtra | Active | 26 Jul 2017 |
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MCA Filings & Documents of Varchas Animation Studios Private Limited
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Frequently Asked Questions about Varchas Animation Studios Private Limited
Varchas Animation Studios is an active private limited company based in Pune, Maharashtra, India. The company works in software publishing, within the software industry. It was incorporated on 30 June 2017 (9+ years old) and is registered under CIN U72200PN2017PTC171215.
Varchas Animation Studios reported revenue of ₹23.05 Lakh for FY 2024 (up 107% YoY).
Varchas Animation Studios has 2 current directors:
- Mohana Vijay Raibole - Director
- Vijay Bajrang Raibole - Director
Varchas Animation Studios reported a net profit of ₹1.51 Lakh (net margin 6.5%) and EBITDA of ₹2.73 Lakh (EBITDA margin 11.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varchas Animation Studios is -35% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 107%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varchas Animation Studios is 27AAFCV9909F1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varchas Animation Studios is U72200PN2017PTC171215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varchas Animation Studios was incorporated on 30 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Varchas Animation Studios by revenue are Keyframes Animation Studios Private Limited, Pi Animation Studio Private Limited, Organic Animation Studios Private Limited, Chetan Deshmukh Animation Studios Private Limited, O2 Animation Studios Private Limited and 5 more, all in the Animation and VFX industry (Animation Studio).
Mohana Vijay Raibole was appointed as Director on 30 Jun 2017. Vijay Bajrang Raibole was appointed as Director on 30 Jun 2017.
Yes, Varchas Animation Studios is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).