MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0007057
Variational Technologies Private Limited - engineering in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.33 Cr
▼ 32% YoY
Net profit · FY 2024
₹3.22 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹72.92 Lakh
EBITDA margin 31.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹4.23 Cr
Satisfied ₹69.8 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
11
Provident fund records
About Variational Technologies Private Limited
Data last updated:
Variational Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the engineering sector. It was incorporated on 17 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2011PTC063686. Its GSTIN is 24AADCV5351M1Z3 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Neha Jignesh Pandya and Jigneshkumar Bhagwatiprasad Pandya.
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 219 – G & H Lotus Aura – 2 Near Iocl Petrol Pump Vemali, Vadodara, Gujarat, India – 390024.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.33 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹3.22 Lakh (net margin 1.4%) and EBITDA of ₹72.92 Lakh (EBITDA margin 31.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Variational Technologies Pvt Ltd. As per MCA filings, the company has open charges of ₹4.23 Cr and satisfied charges of ₹69.8 Lakh on record.
Variational Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0007057). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 3dlasertracker.com.
Company details
CIN U74900GJ2011PTC063686
Registration Number 063686
Incorporation Date 17 January 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0007057
Recognitions & Rankings of Variational Technologies
Contact details
Variational Technologies Private Limited's registered office is in Vadodara, Gujarat. Its website is 3dlasertracker.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address219 – G & H Lotus Aura – 2 Near Iocl Petrol Pump Vemali, Vadodara, Gujarat, India – 390024
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Variational Technologies Private Limited, buy the company report.
Comprehensive company report
Variational Technologies 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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Brands
Variational Technologies operates one associated brand: Variational Technologies Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 3D scanning, photogrammetry, and industrial documentation services across India. | variational.in |
Business activity
The main business activities of Variational Technologies are professional, scientific and technical, manufacturing and trade. In detail, this covers architecture, engineering activities, technical testing and analysis activities, metal and metal products and retail trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Variational Technologies Private Limited, buy the company report.
Financials of Variational Technologies Private Limited
FY 2025 filings availableVariational Technologies Private Limited reported revenue of ₹2.33 Cr (down 32% YoY) for FY 2024.
Revenue · FY 2024
₹2.33 Cr ▼ 32%
Net profit · FY 2024
₹3.22 Lakh margin 1.4%
EBITDA · FY 2024
₹72.92 Lakh margin 31.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 7%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 8%
5 years · compounded
▼ 4%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹72.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.22 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.3% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Variational Technologies Private Limited, buy the company report.
Board of directors of Variational Technologies Private Limited
Variational Technologies has 2 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 |
|---|---|---|---|---|
| Neha Jignesh Pandya | Director | 17 Jan 2011 | 15 Years 9 Months | Current |
| Jigneshkumar Bhagwatiprasad Pandya | Director | 17 Jan 2011 | 15 Years 9 Months | Current |
Peer comparison
Variational Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anvam (India) Private Limited | ₹2.36 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Ace NDT & Ship Inspection Services Private Limited | ₹2.35 Cr (FY 2025) | 32.0% | Thane, Maharashtra, India | |||
| Cubiz Design Solutions Private Limited | ₹2.35 Cr (FY 2024) | 35.0% | Bangalore, Karnataka, India | |||
| Variational Technologies Private Limitedthis company | ₹2.33 Cr (FY 2024) | ₹3.22 Lakh | 1.4% | -32.0% | 11 | Vadodara, Gujarat, India |
| LRP Consultants Consortium Private Limited | ₹2.33 Cr (FY 2020) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Variational Technologies Private Limited, buy the company report.
Auditor
Variational Technologies Private Limited is audited by S G KINI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G KINI & CO | FY 2023 | 117664W |
Shareholding
The shareholding of Variational Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Variational Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.23 Cr
Satisfied charges
₹69.8 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2017 | 100102654 | Others | ₹17 Lakh | Open | |
| 16 Mar 2017 | 100087067 | Others | ₹19.49 Lakh | Open | |
| 10 Mar 2017 | 100087066 | Others | ₹33.23 Lakh | Open | |
| 04 Jul 2016 | 100040209 | Others | ₹17.9 Lakh | Open | |
| 22 May 2015 | 10576492 | Others | ₹1.56 Cr | Open |
To see the full charge records of Variational Technologies Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Variational Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Variational Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Variational Technologies Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-15.38%
GST
Variational Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV5351M1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Variational Technologies Private Limited, buy the company report.
Recent activity
Variational Technologies Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Tarkesh Rameshbhai Prajapati ceased to be Additional Director on 30 Nov 2021.
AGM
Variational Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Variational Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Tarkesh Rameshbhai Prajapati ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 17.00 Lakh with Charge ID 100102654 was registered on 31 May 2017.
Charges
A charge with Others amounted to Rs. 19.49 Lakh with Charge ID 100087067 was registered on 16 Mar 2017.
Charges
A charge registered on 20 Aug 2012 via Charge ID 10381063 with Bank Of Maharashtra was fully satisfied on 14 Mar 2017.
Charges
A charge with Others amounted to Rs. 33.23 Lakh with Charge ID 100087066 was registered on 10 Mar 2017.
Charges
A charge with Others of Rs. 156.43 Lakh registered on 22 May 2015 with Charge ID 10576492 was modified on 02 Mar 2017.
Charges
A charge with Others amounted to Rs. 17.90 Lakh with Charge ID 100040209 was registered on 04 Jul 2016.
Charges
A charge with Others of Rs. 133.43 Lakh registered on 03 May 2011 with Charge ID 10292729 was modified on 22 Mar 2016.
Charges
A charge with Others amounted to Rs. 156.43 Lakh with Charge ID 10576492 was registered on 22 May 2015.
Charges
A charge with Bank Of Maharashtra of Rs. 69.80 Lakh registered on 20 Aug 2012 with Charge ID 10381063 was modified on 04 Jul 2014.
6 earlier events are in the company report.
Frequently asked questions
Variational Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in the engineering industry. It was incorporated on 17 January 2011 (15+ years old) and is registered under CIN U74900GJ2011PTC063686.
Variational Technologies has 2 current directors:
- Neha Jignesh Pandya - Director
- Jigneshkumar Bhagwatiprasad Pandya - Director
The latest financial statements of Variational Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Variational Technologies is 24AADCV5351M1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Variational Technologies is U74900GJ2011PTC063686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variational Technologies was incorporated on 17 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Variational Technologies by revenue are Anvam (India) Private Limited, Ace NDT & Ship Inspection Services Private Limited, Cubiz Design Solutions Private Limited, LRP Consultants Consortium Private Limited, all in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities).
Tarkesh Rameshbhai Prajapati ceased to be Additional Director on 30 Nov 2021. Jigneshkumar Bhagwatiprasad Pandya was appointed as Director on 17 Jan 2011. Neha Jignesh Pandya was appointed as Director on 17 Jan 2011.
Yes, Variational Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0007057).
Variational Technologies can be reached through the website 3dlasertracker.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Variational Technologies is at 219 – G & H Lotus Aura – 2 Near Iocl Petrol Pump Vemali, Vadodara, Gujarat, India – 390024.
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