Vardhman Appliances Limited
About Vardhman Appliances Limited
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Vardhman Appliances Limited is a public limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 August 2023.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27509DL2023PLC418176. Its GSTIN is 07AAJCV5684P1ZB (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹31 Cr and a paid-up capital of ₹28.03 Cr. It is led by directors including Pramod Kumar Jain (Managing Director) and Piyush Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 43 First Floor, Rajasthani Udyog Nagar, Delhi, India – 110033.
As per the financials filed for FY 2025, the company reported a revenue of ₹786.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.55 Cr (net margin 2.5%) and EBITDA of ₹42.58 Cr (EBITDA margin 5.4%).
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹108.49 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 4 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹32.64 Cr; the latest was in June 2024. Its 6 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is Lohum Cleantech Private Limited with revenue of ₹835.12 Cr.
Company details
Contact details
Vardhman Appliances Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 43 First Floor, Rajasthani Udyog Nagar, Delhi, India – 110033
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Vardhman Appliances 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
Business activity
The main business activity of Vardhman Appliances is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Vardhman Appliances Limited, buy the company report.
Financials of Vardhman Appliances Limited
FY 2024 filings availableVardhman Appliances Limited reported revenue of ₹786.55 Cr (up 224% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 224% in the latest year. EBITDA rose 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹42.58 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹19.55 Cr | |
| 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
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.4% | |
| Net Profit Margin | 2.5% | |
| 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 | ||
To see the full financial statements and ratios of Vardhman Appliances Limited, buy the company report.
Board of directors of Vardhman Appliances Limited
Vardhman Appliances has 10 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Jain Also directs: Vardhman Home Appliances Limited | Individual Subscriber | 07 Aug 2023 | 3 Years 2 Months | Current |
| Sambhav Jain Also directs: Vardhman Home Appliances Limited | Individual Subscriber | 07 Aug 2023 | 3 Years 2 Months | Current |
| Apeksha Lodha Also directs: E2fa Foundation | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
| Pramod Kumar Jain Also directs: Vardhman Home Appliances Limited, Lazer India Private Limited | Managing Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Vinod Kumar Jain Also directs: Vardhman Home Appliances Limited | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Subodh Kumar Jain Also directs: Vardhman Home Appliances Limited | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Vardhman Appliances Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lohum Cleantech Private Limited | ₹835.12 Cr (FY 2025) | 58.0% | Delhi, India | |||
| Topband India Private Limited | ₹823.56 Cr (FY 2025) | 67.0% | Pune, Maharashtra, India | |||
| Tata Autocomp Gy Batteries Private Limited | ₹795.17 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Yaskawa India Private Limited | ₹787.27 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Vardhman Appliances Limitedthis company | ₹786.55 Cr (FY 2025) | ₹19.55 Cr | 2.5% | 224.0% | 26 | Delhi, India |
| Preethi Kitchen Appliances Private Limited | ₹768.88 Cr (FY 2021) | 12.0% | Mumbai, Maharashtra, India | |||
| Veira Electronics Private Limited | ₹761.65 Cr (FY 2024) | 19.0% | Delhi, India |
To see the full peer comparison of Vardhman Appliances Limited, buy the company report.
Auditor
Vardhman Appliances Limited is audited by SALIL & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SALIL & CO. | FY 2024 | 500135N |
Shareholding
The shareholding of Vardhman Appliances Limited is on record for FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vardhman Appliances Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2025 | 101141150 | Others | ₹12 Cr | Open | |
| 25 Jul 2025 | 101154253 | Others | ₹33 Lakh | Open | |
| 28 Feb 2025 | 101068065 | State Bank of India | ₹4.6 Lakh | Open | |
| 06 Nov 2024 | 101004798 | Others | ₹1.9 Lakh | Open | |
| 26 Oct 2024 | 101006900 | Axis Bank Limited | ₹45.4 Lakh | Open |
To see the full charge records of Vardhman Appliances Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Vardhman Appliances Limited has 1 deal on record (1 funding round), with disclosed funding of ₹32.64 Cr; the latest was in June 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Funding round | ₹32.64 Cr | Investors: India Inflection Opportunity Fund, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vardhman Appliances Limited has 5 court cases on record: 1 filed by Vardhman Appliances, 4 filed against it. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Samriddh Cables and Cords Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Civil suit | Filed against the company by Hella Infra Market Limited (Himpl) | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Orient Electric Limited | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by an individual | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Shenzhen CHK Co. Ltd. & Anr. | Pending |
To see the full case history of Vardhman Appliances 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
No delayed payments to MSME suppliers are on our record for Vardhman Appliances Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vardhman Appliances Limited has a workforce of 26 employees on its EPFO records as of Mar 03, 2025, across 1 active EPFO establishment.
GST
Vardhman Appliances has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCV5684P1ZB | Delhi | Active | 03 Jan 2025 |
| 06AAJCV5684P1ZD | Haryana | Active | 07 Aug 2023 |
| 02AAJCV5684P1ZL | Himachal Pradesh | Active | 27 Mar 2024 |
To see the full GST registrations and return filing status of Vardhman Appliances Limited, buy the company report.
Recent activity
Vardhman Appliances Limited has 18 board changes on record since 2023: 10 appointments and 8 cessations. The latest: Akhil Jain ceased to be Additional Director on 26 Sep 2024.
18 earlier events are in the company report.
Frequently asked questions
Vardhman Appliances is an active public limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 August 2023 (3+ years old) and is registered under CIN U27509DL2023PLC418176.
Vardhman Appliances has 10 current directors:
- Pramod Kumar Jain - Managing Director
- Piyush Jain - Whole-Time Director
- Apeksha Lodha - Director
- Vinod Kumar Jain - Director
- Subodh Kumar Jain - Director
- Mamraj Agarwal - Director
- Vineet Jain - Individual Subscriber
- Sambhav Jain - Individual Subscriber
- Siddharth Jain - Individual Subscriber
- Akhil Jain - Individual Subscriber
The latest financial statements of Vardhman Appliances on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Vardhman Appliances is 07AAJCV5684P1ZB, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAJCV5684P1ZD (Haryana), 02AAJCV5684P1ZL (Himachal Pradesh).
The CIN (Corporate Identification Number) of Vardhman Appliances is U27509DL2023PLC418176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhman Appliances has 5 court cases on record: 1 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Vardhman Appliances was incorporated on 07 August 2023, making it 3+ years old. It is registered with the Registrar of Companies, Delhi.
Vardhman Appliances has 1 deal on record (1 funding round), with disclosed funding of ₹32.64 Cr; the latest was in June 2024.
The peers of Vardhman Appliances by revenue are Lohum Cleantech Private Limited, Topband India Private Limited, Tata Autocomp Gy Batteries Private Limited, Yaskawa India Private Limited, Preethi Kitchen Appliances Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Akhil Jain ceased to be Additional Director on 26 Sep 2024. Apeksha Lodha ceased to be Additional Director on 26 Sep 2024. Sambhav Jain ceased to be Additional Director on 26 Sep 2024. Vardhman Appliances has 18 board changes on record in total.
The registered office of Vardhman Appliances is at Plot No. 43 First Floor, Rajasthani Udyog Nagar, Delhi, India – 110033.