About Variac Systems Private Limited
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Variac Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 26 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN1996PTC036639. Its GSTIN is 33AAACV3636N1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.13 Lakh. It is led by directors Sumithra Srikant and Srikant Sitaraman.
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 New 29 Old 11 Venus Colony 2nd Street 4B Kadayamsri Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.17 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹55,410 (net margin -4.2%) and EBITDA of ₹80,750 (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 19% over five years.
As per MCA filings, the company has satisfied charges of ₹1.7 Cr 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 variacsystems.in.
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- Website
- Social Media
- Registered AddressNew 29 Old 11 Venus Colony 2nd Street 4B Kadayamsri Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryEngineering, Engineering Design & Consultancy
- 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 Variac Systems Private Limited
The main business activity of Variac Systems is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Variac Systems Private Limited FY 2025 filings available
Variac Systems Private Limited reported revenue of ₹13.17 Lakh (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Variac Systems Private Limited
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 189% 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 Variac Systems 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹80,750 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹55,410 | •••• | •••• | •••• | •••• |
| 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 Variac Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.2% | •••• | •••• | •••• | •••• |
| 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 Variac Systems 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 Variac Systems Private Limited
Variac Systems Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Database Management, Engineering Design). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lannet Technologies Private Limited | •••• | •••• | •••• | •••• | - | Greater Noida, Uttar Pradesh, India |
| Maitriser Technologies Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Twastra Associates Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Jawale Engineering Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Abtens Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Variac Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Lloyd Due Diligence Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Escad Engineering Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Saurashtra Water Project (Jamnagar) Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Meena Infosystems Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| SPC Engineers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Variac Systems by revenue in the Engineering industry (Database Management, Engineering Design), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Variac Systems Private Limited
Variac Systems Private Limited is audited by VENKAT & RANGAA LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VENKAT & RANGAA LLP | 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 Variac Systems Private Limited
Variac Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumithra Srikant Also directs: Citann Engineers (India) Private Limited | Director | 15 Sep 2000 | 26 Years 0 Months | Current |
| Srikant Sitaraman | Director | 26 Sep 1996 | 30 Years 0 Months | Current |
Ownership and Shareholding of Variac Systems Private Limited
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 Variac Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2011 | Standard Chartered Bank | ₹50 Lakh | Satisfied |
| 31 Oct 1996 | Punjab National Bank | ₹1.2 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Variac Systems Private Limited
Employment history and EPFO contributions of people linked to Variac Systems.
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 Variac Systems Private Limited
Variac Systems Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Sumithra Srikant was appointed as Director on 15 Sep 2000.
Credit Ratings, Litigation & Regulatory Alerts for Variac Systems Private Limited
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 Variac Systems Private Limited
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 Variac Systems Private Limited
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 Variac Systems Private Limited
Variac Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV3636N1Z5 | Tamil Nadu | 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 Variac Systems Private Limited
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 Variac Systems Private Limited
Variac Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 26 September 1996 (30+ years old) and is registered under CIN U72300TN1996PTC036639.
Variac Systems reported revenue of ₹13.17 Lakh for FY 2024 (up 8% YoY).
Variac Systems has 2 current directors:
- Sumithra Srikant - Director
- Srikant Sitaraman - Director
Variac Systems reported a net loss of ₹55,410 (net margin -4.2%) and EBITDA of ₹80,750 (EBITDA margin 6.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Variac Systems is -12% over three years and -19% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Variac Systems is 33AAACV3636N1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Variac Systems is U72300TN1996PTC036639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variac Systems was incorporated on 26 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Variac Systems by revenue are Lannet Technologies Private Limited, Maitriser Technologies Private Limited, Twastra Associates Private Limited, Jawale Engineering Private Limited, Abtens Private Limited and 5 more, all in the Engineering industry (Database Management, Engineering Design).
Sumithra Srikant was appointed as Director on 15 Sep 2000. Srikant Sitaraman was appointed as Director on 26 Sep 1996.
Variac Systems can be reached through the website variacsystems.in. Its registered office is in Chennai, Tamil Nadu, India.