MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UK-05-0021935
Varco-Sara (India) Private Limited
Varco-Sara (India) Private Limited - machinery and equipment in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.08 Lakh
▼ 37.35% YoY
Net loss · FY 2025
₹3.81 Lakh
Net margin -352.9%
EBITDA · FY 2025
-₹2.63 Lakh
EBITDA margin -243.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.5 Lakh
Issued & subscribed
Open charges
₹4.23 Cr
Satisfied ₹3.38 Cr
Company age
35 yrs
Est. 1991
Directors on board
3
As per MCA filings
About Varco-Sara (India) Private Limited
Data last updated:
Varco-Sara (India) Private Limited is a private limited company based in Delhi, India, a subsidiary of Star Aerospace Private Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1991PTC045802. Its GSTIN is 05AAACV0366M1Z9 (Uttarakhand).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.5 Lakh. It is led by directors including Vijay Kumar Dhawan and Rakesh Dhawan.
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 E – 30 Anand Niketan (Basement), Delhi, India – 110021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.08 Lakh. For the same year it recorded a net loss of ₹3.81 Lakh (net margin -352.9%) and EBITDA of -₹2.63 Lakh (EBITDA margin -243.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹4.23 Cr and satisfied charges of ₹3.38 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Varco-Sara (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-05-0021935). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74899DL1991PTC045802
Registration Number 045802
Incorporation Date 25 September 1991
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Star Aerospace Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UK-05-0021935
Recognitions & Rankings of Varco-Sara (India)
Contact details
Varco-Sara (India) Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 30 Anand Niketan (Basement), Delhi, India – 110021
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Varco-Sara (India) Private Limited, buy the company report.
Comprehensive company report
Varco-Sara (India) Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Financials of Varco-Sara (India) Private Limited
FY 2025 filings availableVarco-Sara (India) Private Limited reported revenue of ₹1.08 Lakh for FY 2025.
Revenue · FY 2025
₹1.08 Lakh
Net loss · FY 2025
₹3.81 Lakh margin -352.9%
EBITDA · FY 2025
-₹2.63 Lakh margin -243.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 59%
5 years · compounded
▼ 47%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 51%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years. EBITDA fell 75% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.81 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -243.7% | ||||
| Net Profit Margin | -352.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Varco-Sara (India) Private Limited, buy the company report.
Board of directors of Varco-Sara (India) Private Limited
Varco-Sara (India) has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Dhawan Also directs: Dhawan Township LLP, Planet Herbs Lifesciences Private Limited, Sara Industrial Estate Private Limited and 1 more | Director | 25 Sep 1991 | 35 Years 1 Months | Current |
| Rakesh Dhawan Also directs: Dhawan Township LLP, Sara Industrial Estate Private Limited, Sara Planet Herbs Limited Liability Partnership and 1 more | Director | 11 Jan 2017 | 9 Years 9 Months | Current |
| Samir Dhawan Also directs: Dhawan Township LLP, Planet Herbs Lifesciences Private Limited, Star Aerospace Limited and 3 more | Director | 16 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Varco-Sara (India) Private Limited is audited by Ankur Gupta & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankur Gupta & CO. | FY 2023 | 07907C |
Shareholding
The shareholding of Varco-Sara (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varco-Sara (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.23 Cr
Satisfied charges
₹3.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2022 | 100677799 | Hdb Financial Services Limited | ₹3.8 Cr | Open | |
| 21 Feb 1997 | 90041858 | U.P.F.C. | ₹7 Lakh | Open | |
| 19 Oct 1993 | 90041137 | The Pradeshiya Industrial and Investment Cor. of U.P Ltd. | ₹34 Lakh | Open | |
| 09 Mar 1993 | 90041051 | Canara Bank | ₹2 Lakh | Open | |
| 02 May 2017 | 100109969 | Hdfc Bank Limited | ₹2.25 Cr | Satisfied |
To see the full charge records of Varco-Sara (India) Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Varco-Sara (India) Private Limited has 2 court cases on record: 1 filed by Varco-Sara (India), 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0420-Indirect Taxes Matters : Interpretation of exemption notifications under Central Excise Act) | Filed against the company by an individual | Disposed |
| High Court, UTTARAKHAND | Court case (WPMB) | Filed by the company against Commissioner Customers and Others | Disposed |
To see the full case history of Varco-Sara (India) 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
Varco-Sara (India) Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Varco-Sara (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Varco-Sara (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACV0366M1Z9 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varco-Sara (India) Private Limited, buy the company report.
Recent activity
Varco-Sara (India) Private Limited has 11 board changes on record since 1991: 3 appointments and 8 cessations. The latest: Sumit Dhawan ceased to be Director on 19 Oct 2022.
AGM
Varco-Sara (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varco-Sara (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge registered on 02 May 2017 via Charge ID 100109969 with Hdfc Bank Limited was fully satisfied on 05 Dec 2022.
Charges
A charge with Hdb Financial Services Limited amounted to Rs. 380.00 Lakh with Charge ID 100677799 was registered on 31 Oct 2022.
Ceased
Sumit Dhawan ceased to be Director.
Appointed
Samir Dhawan was appointed as Director.
Ceased
Rakesh Dhawan ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 225.00 Lakh with Charge ID 100109969 was registered on 02 May 2017.
Appointed
Rakesh Dhawan was appointed as Director.
Ceased
Hendrikus Van Overveld ceased to be Director.
Ceased
Robert Voesenek ceased to be Director.
Ceased
Samir Dhawan ceased to be Director.
19 earlier events are in the company report.
Frequently asked questions
Varco-Sara (India) is an active private limited company based in Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 25 September 1991 (35+ years old) and is registered under CIN U74899DL1991PTC045802.
Varco-Sara (India) has 3 current directors:
- Vijay Kumar Dhawan - Director
- Rakesh Dhawan - Director
- Samir Dhawan - Director
The latest financial statements of Varco-Sara (India) 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 Varco-Sara (India) is 05AAACV0366M1Z9, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Varco-Sara (India) is U74899DL1991PTC045802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varco-Sara (India) has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Varco-Sara (India) was incorporated on 25 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Sumit Dhawan ceased to be Director on 19 Oct 2022. Samir Dhawan was appointed as Director on 16 Dec 2021. Rakesh Dhawan ceased to be Additional Director on 30 Sep 2017. Varco-Sara (India) has 11 board changes on record in total.
Yes, Varco-Sara (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-UK-05-0021935).
Varco-Sara (India) has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 01 May 2024.
The registered office of Varco-Sara (India) is at E – 30 Anand Niketan Basement, Delhi, India – 110021.