Variance Technologies Private Limited
About Variance Technologies Private Limited
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Variance Technologies Private Limited is a private limited company based in Palanpur, Gujarat, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 14 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC124088.
The company has an authorised share capital of ₹30,000 and a paid-up capital of ₹30,000. It is led by directors including Karan Rameshkumar Parmar and Sarthak Vaishnav.
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 7 Vrajbhumi Society Dary Road, Palanpur, Gujarat, India – 385001.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.21 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.77 Lakh (net margin 6.3%) and EBITDA of ₹2.57 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years.
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- Registered Address7 Vrajbhumi Society Dary Road, Palanpur, Gujarat, India – 385001
- IndustryInformation Technology, Other Computer Related Activities
- 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 Technologies Private Limited
The main business activity of Variance Technologies 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 | 62 | 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 Technologies Private Limited FY 2025 filings available
Variance Technologies Private Limited reported revenue of ₹28.21 Lakh (up 153% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Variance Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 101% over three years, including 153% growth 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 Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.57 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.77 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 | •••• | •••• | •••• | •••• |
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Financial Ratios of Variance Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.1% | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• |
| 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 Variance Technologies are in the company report.
Financial statements from FY 2022
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 Technologies Private Limited
Variance Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inf-It Consultancy & Services Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Idsi Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Popway Software Private Limited | •••• | •••• | •••• | •••• | - | Surat City, Gujarat, India |
| Vbatlas Consulting Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Pixmindz Labs Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Variance Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Palanpur, Gujarat, India |
| Alotis Digitech Private Limited | •••• | •••• | •••• | •••• | 228 | East Delhi, Delhi, India |
| Haritsa Design Automation Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Invisage Alpha India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Innovegic Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Gigbyts IT Consulting Service Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Variance Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Variance Technologies Private Limited
Variance Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Rameshkumar Parmar | Director | 14 Jul 2021 | 5 Years 2 Months | Current |
| Sarthak Vaishnav Also directs: Mafkin Robotics Private Limited | Director | 14 Jul 2021 | 5 Years 2 Months | Current |
| Kapadiya Vivek Sanjaykumar | Director | 14 Jul 2021 | 5 Years 2 Months | Current |
Charges & Borrowings of Variance Technologies Private Limited
Variance Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Variance Technologies Private Limited
Employment history and EPFO contributions of people linked to Variance Technologies.
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 Technologies Private Limited
Variance Technologies Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Kapadiya Vivek Sanjaykumar was appointed as Director on 14 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Variance Technologies 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 Technologies 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 Technologies 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 Technologies Private Limited
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 Technologies 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 Technologies Private Limited
Variance Technologies is an active private limited company based in Palanpur, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 14 July 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC124088.
Variance Technologies reported revenue of ₹28.21 Lakh for FY 2025 (up 153% YoY).
Variance Technologies has 3 current directors:
- Karan Rameshkumar Parmar - Director
- Sarthak Vaishnav - Director
- Kapadiya Vivek Sanjaykumar - Director
Variance Technologies reported a net profit of ₹1.77 Lakh (net margin 6.3%) and EBITDA of ₹2.57 Lakh (EBITDA margin 9.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Variance Technologies is 101% over three years. In the latest year (FY 2025) revenue rose 153%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Variance Technologies is U72900GJ2021PTC124088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variance Technologies was incorporated on 14 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Variance Technologies by revenue are Inf-It Consultancy & Services Private Limited, Idsi Technologies India Private Limited, Popway Software Private Limited, Vbatlas Consulting Services Private Limited, Pixmindz Labs Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Kapadiya Vivek Sanjaykumar was appointed as Director on 14 Jul 2021. Karan Rameshkumar Parmar was appointed as Director on 14 Jul 2021. Sarthak Vaishnav was appointed as Director on 14 Jul 2021.
The registered office of Variance Technologies is at 7 Vrajbhumi Society Dary Road, Palanpur, Gujarat, India – 385001.
Variance Technologies has an authorised share capital of ₹30,000 and a paid-up capital of ₹30,000.