MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-03-0009412
Variation Electric Company Private Limited - energy and power in Faridabad, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹18.17 Cr
▲ 21% YoY
Net profit · FY 2026
₹41.02 Lakh
Net margin 2.3%
EBITDA · FY 2026
₹1.57 Cr
EBITDA margin 8.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹12.07 Cr
Satisfied ₹1.01 Cr
Company age
26 yrs
Est. 2000
Directors on board
3
As per MCA filings
About Variation Electric Company Private Limited
Data last updated:
Variation Electric Company Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 06 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909HR2000PTC040005. Its GSTIN is 06AABCV3750C1ZP (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Burhan Shahid and Salman Shahid.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 31 Karkhana Bagh 16/2 Mathura Road, Faridabad, Haryana, India – 121002.
As per the financials filed for FY 2026, the company reported a revenue of ₹18.17 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹41.02 Lakh (net margin 2.3%) and EBITDA of ₹1.57 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹12.07 Cr and satisfied charges of ₹1.01 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Variation Electric Company Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0009412). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abronmotors.com.
Company details
CIN U31909HR2000PTC040005
Registration Number 040005
Incorporation Date 06 October 2000
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-03-0009412
CIN history
Variation Electric Company has one previous CIN (Corporate Identification Number): U31909DL2000PTC108073. The current CIN is U31909HR2000PTC040005, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909HR2000PTC040005 | Current |
| U31909DL2000PTC108073 | Previous |
Recognitions & Rankings of Variation Electric Company
Contact details
Variation Electric Company Private Limited's registered office is in Faridabad, Haryana. Its website is abronmotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 31 Karkhana Bagh 16/2 Mathura Road, Faridabad, Haryana, India – 121002
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Variation Electric Company Private Limited, buy the company report.
Comprehensive company report
Variation Electric Company Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Variation Electric Company is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Variation Electric Company Private Limited, buy the company report.
Financials of Variation Electric Company Private Limited
FY 2026 filings availableVariation Electric Company Private Limited reported revenue of ₹18.17 Cr (up 21% YoY) for FY 2026.
Revenue · FY 2026
₹18.17 Cr ▲ 21%
Net profit · FY 2026
₹41.02 Lakh margin 2.3%
EBITDA · FY 2026
₹1.57 Cr margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 18%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 13%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 21% growth in the latest year. EBITDA rose 37% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.02 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Variation Electric Company Private Limited, buy the company report.
Board of directors of Variation Electric Company Private Limited
Variation Electric Company has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Burhan Shahid | Director | 01 Jan 2006 | 20 Years 10 Months | Current |
| Salman Shahid | Director | 21 Jan 2015 | 11 Years 9 Months | Current |
| Shagufta Shahid | Director | 06 Oct 2000 | 26 Years 1 Months | Current |
Auditor
Variation Electric Company Private Limited is audited by SANMARKS & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANMARKS & ASSOCIATES | FY 2026 | 003343N |
Shareholding
The shareholding of Variation Electric Company Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Variation Electric Company Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.07 Cr
Satisfied charges
₹1.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2024 | 100919787 | Others | ₹2.67 Cr | Open | |
| 24 Nov 2023 | 100861226 | Others | ₹4.65 Cr | Open | |
| 25 Aug 2022 | 100649181 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 20 Jan 2022 | 100524248 | Others | ₹2 Cr | Open | |
| 24 Jun 2019 | 100288254 | Hdfc Bank Limited | ₹2.36 Cr | Open |
To see the full charge records of Variation Electric Company Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Variation Electric Company Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Pending |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
To see the full case history of Variation Electric Company Private 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 Variation Electric Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Variation Electric Company has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCV3750C1ZP | Haryana | Active | 01 Jul 2017 |
| 09AABCV3750C1ZJ | Uttar Pradesh | Active | 15 May 2020 |
To see the full GST registrations and return filing status of Variation Electric Company Private Limited, buy the company report.
Recent activity
Variation Electric Company Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Shahid Ali ceased to be Director on 29 Sep 2020.
Filing
Variation Electric Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi.
AGM
Variation Electric Company Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 4.65 Cr registered on 24 Nov 2023 with Charge ID 100861226 was modified on 22 Nov 2024.
Charges
A charge with Others amounted to Rs. 2.67 Cr with Charge ID 100919787 was registered on 30 Apr 2024.
Charges
A charge with Others amounted to Rs. 4.65 Cr with Charge ID 100861226 was registered on 24 Nov 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 2.36 Cr registered on 24 Jun 2019 with Charge ID 100288254 was modified on 07 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100649181 was registered on 25 Aug 2022.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100524248 was registered on 20 Jan 2022.
Charges
A charge registered on 06 Jan 2020 via Charge ID 100315140 with Others was fully satisfied on 07 Jan 2022.
Ceased
Shahid Ali ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.01 Cr with Charge ID 100315140 was registered on 06 Jan 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.36 Cr with Charge ID 100288254 was registered on 24 Jun 2019.
6 earlier events are in the company report.
Frequently asked questions
Variation Electric Company is an active private limited company based in Faridabad, Haryana, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 06 October 2000 (26+ years old) and is registered under CIN U31909HR2000PTC040005.
Variation Electric Company has 3 current directors:
- Burhan Shahid - Director
- Salman Shahid - Director
- Shagufta Shahid - Director
The latest financial statements of Variation Electric Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Variation Electric Company is 06AABCV3750C1ZP, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AABCV3750C1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Variation Electric Company is U31909HR2000PTC040005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variation Electric Company has 2 court cases on record: 2 filed against it. 1 is pending.
Variation Electric Company was incorporated on 06 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
Shahid Ali ceased to be Director on 29 Sep 2020. Salman Shahid was appointed as Director on 21 Jan 2015. Burhan Shahid was appointed as Director on 01 Jan 2006. Variation Electric Company has 4 board changes on record in total.
Yes, Variation Electric Company is registered as a small enterprise under Udyam registration (number: UDYAM-HR-03-0009412).
Variation Electric Company can be reached through the website abronmotors.com. Its registered office is in Faridabad, Haryana, India.
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