About Variate Consultants Private Limited
Data last updated:
Variate Consultants Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 01 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PTC257709. Its GSTIN is 27AAECV8862E1ZZ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Vatsal Misra and Anandkumar Meshram.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 603 Shivdarshan Building Beverly Park, Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.91 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹8.54 Lakh (net margin 4.5%) and EBITDA of ₹28.58 Lakh (EBITDA margin 15%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website variateltd.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 603 Shivdarshan Building Beverly Park Near Cinemax Eden Rose Layout Mira Roa, D East, Thane, Maharashtra, India – 401107
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
- 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 Variate Consultants Private Limited
The main business activity of Variate Consultants is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | 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 Variate Consultants Private Limited FY 2024 filings available
Variate Consultants Private Limited reported revenue of ₹1.91 Cr (down 90% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Variate Consultants Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 90% fall in the latest year. EBITDA fell 64% 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 Variate Consultants 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 | ₹28.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.54 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 Variate Consultants Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Variate Consultants 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 Variate Consultants Private Limited
Variate Consultants Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Power Projects). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 4Sun Powergen India Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Pattara Power Projects Private Limited | •••• | •••• | •••• | •••• | - | Alleppey, Kerala, India |
| Dr.Sunbeam Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Arthtech Infra & Power Projects Private Limited | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Axis Epc Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Variate Consultants Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Intravolt Private Limited | •••• | •••• | •••• | •••• | 27 | Mysore, Karnataka, India |
| M.R.S. Infrastructure and Engineering Private Limited | •••• | •••• | •••• | •••• | - | Cuttack, Orissa, India |
| Acolyte Infotech Private Limited | •••• | •••• | •••• | •••• | - | Gaziabad, Uttar Pradesh, India |
| Mias Energy India Private Limited | •••• | •••• | •••• | •••• | - | Sivakasi, Tamil Nadu, India |
| Katya Power Projects Private Limited | •••• | •••• | •••• | •••• | 35 | Begumpet, Telangana, India |
Peers are the five companies nearest above and the five nearest below Variate Consultants by revenue in the Infrastructure industry (Power Projects), 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 Variate Consultants Private Limited
Variate Consultants Private Limited is audited by KYM & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KYM & 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 Variate Consultants Private Limited
Variate Consultants has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anandkumar Meshram Also directs: Vhil Electric India LLP, Enercog Innovations Private Limited | Additional Director | 15 Apr 2025 | 1 Years 5 Months | Current |
| Shrikant Meshram Also directs: Variate Agroone Private Limited, Sundream Metro Ventures India LLP, Vhil Electric India LLP and 2 more | Additional Director | 15 May 2016 | 10 Years 4 Months | Current |
| Vatsal Misra | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of Variate Consultants 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 Variate Consultants Private Limited
Variate Consultants Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Variate Consultants Private Limited
Variate Consultants Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Arohan Financial Services Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Indusind Bank Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by RBL Bank Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Limited | Disposed |
Full case history
All 5 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.
Employees and EPFO Compliance at Variate Consultants Private Limited
Employment history and EPFO contributions of people linked to Variate Consultants.
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 Variate Consultants Private Limited
Variate Consultants Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Anandkumar Meshram was appointed as Additional Director on 15 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Variate Consultants 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 Variate Consultants 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 Variate Consultants 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 Variate Consultants Private Limited
Variate Consultants has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV8862E1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 22AAECV8862E1Z9 | Chattisgarh | Active | 25 May 2023 |
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 Variate Consultants 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 Variate Consultants Private Limited
Variate Consultants is an active private limited company based in Thane, Maharashtra, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 01 September 2014 (12+ years old) and is registered under CIN U74900MH2014PTC257709.
Variate Consultants reported revenue of ₹1.91 Cr for FY 2024 (down 90% YoY).
Variate Consultants has 3 current directors:
- Anandkumar Meshram - Additional Director
- Shrikant Meshram - Additional Director
- Vatsal Misra - Director
Variate Consultants reported a net profit of ₹8.54 Lakh (net margin 4.5%) and EBITDA of ₹28.58 Lakh (EBITDA margin 15%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Variate Consultants is 9% over three years and -10% over five years. In the latest year (FY 2024) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Variate Consultants is 27AAECV8862E1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAECV8862E1Z9 (Chattisgarh).
The CIN (Corporate Identification Number) of Variate Consultants is U74900MH2014PTC257709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variate Consultants has 5 court cases on record: 5 filed against it. 1 is pending.
Variate Consultants was incorporated on 01 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Variate Consultants by revenue are 4Sun Powergen India Private Limited, Pattara Power Projects Private Limited, Dr.Sunbeam Solutions Private Limited, Arthtech Infra & Power Projects Private Limited, Axis Epc Private Limited and 5 more, all in the Infrastructure industry (Power Projects).
Anandkumar Meshram was appointed as Additional Director on 15 Apr 2025. Bhushan Pandurang Deshmukh ceased to be Additional Director on 26 Sep 2023. Balaji Pratapsinh Jadhav ceased to be Additional Director on 20 Feb 2018. Variate Consultants has 7 board changes on record in total.