About Variance Infotech Private Limited
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Variance Infotech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC097505. Its GSTIN is 24AAFCV9340L1ZY (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Somabhai Mangaldas Patel and Jadiben Somabhai Patel.
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 D – 305 Sarthi Flat Nr Visat Petrol Pump Motera Road Sabarmati, Ahmedabad, Gujarat, India – 380005.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.47 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.64 Lakh (net margin 1.9%) and EBITDA of ₹21.83 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Variance InfoTech. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varianceinfotech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD – 305 Sarthi Flat Nr Visat Petrol Pump Motera Road Sabarmati, Ahmedabad, Gujarat, India – 380005
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Variance Infotech Private Limited
The main business activity of Variance Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Variance Infotech Private Limited FY 2025 filings available
Variance Infotech Private Limited reported revenue of ₹4.47 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Variance Infotech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 10% growth in the latest year. EBITDA fell 3% 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 Variance Infotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹21.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.64 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 Variance Infotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 Variance Infotech are in the company report.
Financial statements from FY 2018
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 Variance Infotech Private Limited
Variance Infotech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hexolt Life Solutions Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | 23086.0% | •••• | Nagpur, Maharashtra, India |
| Pixoplay IT Services Private Limited | ₹4.47 Cr (FY 2022) | •••• | •••• | -8.0% | •••• | Guntur, Andhra Pradesh, India |
| Ims IT Solutions Private Limited | ₹4.47 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Inetum Digital Services India Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Hyderabad, Telangana, India |
| Virgo Global Limited Listed | ₹4.47 Cr (FY 2025) | •••• | •••• | -95.0% | •••• | Hyderabad, Telangana, India |
| Variance Infotech Private Limited this company | ₹4.47 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ahmedabad, Gujarat, India |
| Roboclick Infotech Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | 92.0% | •••• | Hyderabad, Telangana, India |
| Tekintegral Consulting Private Limited | ₹4.47 Cr (FY 2024) | •••• | •••• | 219.0% | •••• | Noida, Uttar Pradesh, India |
| Opton Infocom Private Limited | ₹4.47 Cr (FY 2024) | •••• | •••• | 279.0% | •••• | Kolkata, West Bengal, India |
| Cuembux Software Solutions Private Limited | ₹4.46 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Craft Silicon Software Services Private Limited | ₹4.46 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Variance Infotech by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Variance Infotech Private Limited
Variance Infotech Private Limited is audited by M.A. JOSHI & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.A. JOSHI & CO. | 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 Variance Infotech Private Limited
Variance Infotech has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somabhai Mangaldas Patel | Director | 23 May 2017 | 9 Years 4 Months | Current |
| Jadiben Somabhai Patel | Director | 23 May 2017 | 9 Years 4 Months | Current |
| Rahul Somabhai Patel | Director | 04 Dec 2020 | 5 Years 10 Months | Current |
| Chirag Ravindra Darji | Additional Director | 03 Oct 2022 | 4 Years 0 Months | Current |
| Nileshvari Ravindra Darji | Director | 23 May 2017 | 9 Years 4 Months | Current |
| Ravindra Ujamshidas Darji | Director | 23 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Variance Infotech 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 Variance Infotech Private Limited
Variance Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Variance Infotech Private Limited
Variance Infotech Private Limited has 1 court case on record: 1 filed by Variance Infotech. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Variance Infotech Private Limited
Variance Infotech operates one associated brand: Variance InfoTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive IT services solutions for businesses. | varianceinfotech.com |
Employees and EPFO Compliance at Variance Infotech Private Limited
Variance Infotech Private Limited has a workforce of 13 employees as of Apr 05, 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 Variance Infotech Private Limited
Variance Infotech Private Limited has 6 board changes on record since 2017: 6 appointments. The latest: Chirag Ravindra Darji was appointed as Additional Director on 03 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Variance Infotech 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 Variance Infotech 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 Variance Infotech 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 Variance Infotech Private Limited
Variance Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV9340L1ZY | Gujarat | 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 Variance Infotech 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 Variance Infotech Private Limited
Variance Infotech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 May 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC097505.
Variance Infotech reported revenue of ₹4.47 Cr for FY 2025 (up 10% YoY).
Variance Infotech has 6 current directors:
- Somabhai Mangaldas Patel - Director
- Jadiben Somabhai Patel - Director
- Rahul Somabhai Patel - Director
- Chirag Ravindra Darji - Additional Director
- Nileshvari Ravindra Darji - Director
- Ravindra Ujamshidas Darji - Director
Variance Infotech reported a net profit of ₹8.64 Lakh (net margin 1.9%) and EBITDA of ₹21.83 Lakh (EBITDA margin 4.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Variance Infotech is 4% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Variance Infotech is 24AAFCV9340L1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Variance Infotech is U72900GJ2017PTC097505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variance Infotech has 1 court case on record: 1 filed by the company.
Variance Infotech was incorporated on 23 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Variance Infotech by revenue are Hexolt Life Solutions Private Limited, Pixoplay IT Services Private Limited, Ims IT Solutions Private Limited, Inetum Digital Services India Private Limited, Virgo Global Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Chirag Ravindra Darji was appointed as Additional Director on 03 Oct 2022. Rahul Somabhai Patel was appointed as Director on 04 Dec 2020. Jadiben Somabhai Patel was appointed as Director on 23 May 2017. Variance Infotech has 6 board changes on record in total.