About Vardhan Works Pvt Ltd
Data last updated:
Vardhan Works Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 07 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909MH1983PTC029743. Its GSTIN is 27AAACV6108K1Z7 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.22 Lakh. It is led by directors including Nivedita Mihir Gogte and Mihir Prakash Gogte.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Electronic Industrial Estate Plot No. 6 Ubique Enterprises 2nd Floor, Opp. Adinath Society Survey Number 44 Pune Satara Road, Maharashtra, India – 411009.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.28 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹6.75 Lakh (net margin 5.3%) and EBITDA of ₹6.95 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.85 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vardhanworks.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressElectronic Industrial Estate Plot No. 6 Ubique Enterprises 2nd Floor, Opp. Adinath Society Survey Number 44 Pune Satara Road, Maharashtra, India – 411009
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Vardhan Works Pvt Ltd
The main business activities of Vardhan Works are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vardhan Works Pvt Ltd FY 2025 filings available
Vardhan Works Pvt Ltd reported revenue of ₹1.28 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vardhan Works Pvt Ltd
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 50% 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 Vardhan Works Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹6.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.75 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 of Vardhan Works Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 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 Vardhan Works are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vardhan Works Pvt Ltd
Vardhan Works Pvt Ltd is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brun Health Private Limited | ₹1.31 Cr (FY 2023) | •••• | •••• | 1044.0% | •••• | Secunderabad, Telangana, India |
| Althion Tech Innovations Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 154.0% | •••• | Hyderabad, Telangana, India |
| Ogn Management Solution Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
| Supercraft3d Wellness Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Hillton Scientific Lab Private Limited | ₹1.28 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Vadodara, Gujarat, India |
| Vardhan Works Pvt Ltd this company | ₹1.28 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| S Campbell Metallic Private Limited | ₹1.27 Cr (FY 2024) | •••• | •••• | 24174.0% | •••• | Howrah, West Bengal, India |
| Medlab Scientific Equipments India Private Limited | ₹1.27 Cr (FY 2025) | •••• | •••• | 98.0% | •••• | Vasai, Maharashtra, India |
| Networks Trading and Construction Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Vadodara, Gujarat, India |
| Maverick Advancements Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Chennai, Tamil Nadu, India |
| Sight & Style Optic Private Limited | ₹1.26 Cr (FY 2019) | •••• | •••• | 2.0% | •••• | Marthandam, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Vardhan Works by revenue in the Healthcare industry (Medical and Laboratory Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vardhan Works Pvt Ltd
Vardhan Works Pvt Ltd is audited by S.A DAMLE & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.A DAMLE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vardhan Works Pvt Ltd
Vardhan Works has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nivedita Mihir Gogte Also directs: Lotus Surface Coatings LLP, Grip Charitable Foundation | Director | 30 Apr 2025 | 1 Years 5 Months | Current |
| Mihir Prakash Gogte | Director | 30 Apr 2025 | 1 Years 5 Months | Current |
| Anant Raghunath Patvardhan | Director | 07 Apr 1983 | 43 Years 6 Months | Current |
| Yash Mihir Gogte | Director | 07 May 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Vardhan Works Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vardhan Works Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2010 | State Bank of India Smeccc | ₹4 Lakh | Open |
| 09 Jul 2008 | State Bank of India Smecc (Sbi Erandvana) | ₹9.6 Lakh | Open |
| 09 Dec 1999 | State Bank of India | ₹3.25 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Vardhan Works Pvt Ltd
Vardhan Works Pvt Ltd has a workforce of 3 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vardhan Works Pvt Ltd
Vardhan Works Pvt Ltd has 10 board changes on record since 1983: 5 appointments and 5 cessations. The latest: Mihir Prakash Gogte ceased to be Additional Director on 14 Sep 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vardhan Works Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vardhan Works Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vardhan Works Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vardhan Works Pvt Ltd
Vardhan Works has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV6108K1Z7 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vardhan Works Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vardhan Works Pvt Ltd
Vardhan Works is an active private limited company based in Pune, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 07 April 1983 (43+ years old) and is registered under CIN U31909MH1983PTC029743.
Vardhan Works reported revenue of ₹1.28 Cr for FY 2024 (up 10% YoY).
Vardhan Works has 4 current directors:
- Nivedita Mihir Gogte - Director
- Mihir Prakash Gogte - Director
- Anant Raghunath Patvardhan - Director
- Yash Mihir Gogte - Director
Vardhan Works reported a net profit of ₹6.75 Lakh (net margin 5.3%) and EBITDA of ₹6.95 Lakh (EBITDA margin 5.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vardhan Works is 17% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vardhan Works is 27AAACV6108K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vardhan Works is U31909MH1983PTC029743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhan Works was incorporated on 07 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Vardhan Works by revenue are Brun Health Private Limited, Althion Tech Innovations Private Limited, Ogn Management Solution Private Limited, Supercraft3d Wellness Private Limited, Hillton Scientific Lab Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment).
Mihir Prakash Gogte ceased to be Additional Director on 14 Sep 2025. Nivedita Mihir Gogte ceased to be Additional Director on 14 Sep 2025. Yash Mihir Gogte ceased to be Additional Director on 14 Sep 2025. Vardhan Works has 10 board changes on record in total.
Vardhan Works can be reached through the website vardhanworks.in. Its registered office is in Pune, Maharashtra, India.