
About Varid Computing Services (India) Private Limited
Data last updated:
Varid Computing Services (India) Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 05 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72500HR2018PTC072836. Its GSTIN is 06AAGCV3106M1Z9 (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Samudra Vijay and Rajesh Mehla.
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 Unit No. 1122A 11th Floor Spaze IT Park Tower B4 Sector 49 Gurgaon, Haryana, India – 122018.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.4 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.68 Lakh (net margin 3.3%) and EBITDA of ₹4.77 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 36% over five years.
For more details, the company can be reached via its website varidx.com.
Company details
Contact details
Varid Computing Services (India) Private Limited's registered office is in Gurgaon, Haryana. Its website is varidx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 1122A 11th Floor Spaze IT Park Tower B4 Sector 49 Gurgaon, Haryana, India – 122018
- IndustryInformation Technology, Cloud Computing & Cloud Services
To see the full contact details of Varid Computing Services (India) Private Limited, buy the company report.
- 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
Business activity
The main business activity of Varid Computing Services (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Varid Computing Services (India) Private Limited, buy the company report.
Financials of Varid Computing Services (India) Private Limited
FY 2024 filings availableVarid Computing Services (India) Private Limited reported revenue of ₹1.4 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 8% growth in the latest year. EBITDA fell 77% 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 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 | ₹4.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.68 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Varid Computing Services (India) Private Limited, buy the company report.
Board of directors of Varid Computing Services (India) Private Limited
Varid Computing Services (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samudra Vijay | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Rajesh Mehla Also directs: Vrux Biogas Private Limited, Herbegy Private Limited, Stackon India Private Limited and 4 more | Director | 05 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Varid Computing Services (India) Private Limited is compared with the 3 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navviti Consulting and Technologies Private Limited | ₹1.4 Cr (FY 2024) | -31.0% | Bangalore, Karnataka, India | |||
| Varid Computing Services (India) Private Limitedthis company | ₹1.4 Cr (FY 2025) | ₹4.68 Lakh | 3.3% | 8.0% | Gurgaon, Haryana, India | |
| Applied Standards & Innovations Technologies Private Limited | ₹1.4 Cr (FY 2025) | -26.0% | Bangalore, Karnataka, India | |||
| Assuretrac Private Limited | ₹1.4 Cr (FY 2025) | 4506.0% | Visakhapatnam, Andhra Pradesh, India |
To see the full peer comparison of Varid Computing Services (India) Private Limited, buy the company report.
Auditor
Varid Computing Services (India) Private Limited is audited by N K N & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K N & Associates | FY 2023 | 028140N |
Shareholding
The shareholding of Varid Computing Services (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varid Computing Services (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varid Computing Services (India) 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 Varid Computing Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varid Computing Services (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCV3106M1Z9 | Haryana | Active | 26 Apr 2018 |
To see the full GST registrations and return filing status of Varid Computing Services (India) Private Limited, buy the company report.
Recent activity
Varid Computing Services (India) Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Lalit Mehta ceased to be Director on 12 Jul 2024.
Frequently asked questions
Varid Computing Services (India) is an active private limited company based in Gurgaon, Haryana, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 05 March 2018 (8+ years old) and is registered under CIN U72500HR2018PTC072836.
Varid Computing Services (India) has 2 current directors:
- Samudra Vijay - Director
- Rajesh Mehla - Director
The latest financial statements of Varid Computing Services (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Varid Computing Services (India) is 06AAGCV3106M1Z9, registered in Haryana.
The CIN (Corporate Identification Number) of Varid Computing Services (India) is U72500HR2018PTC072836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varid Computing Services (India) was incorporated on 05 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Varid Computing Services (India) by revenue are Navviti Consulting and Technologies Private Limited, Applied Standards & Innovations Technologies Private Limited, Assuretrac Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Lalit Mehta ceased to be Director on 12 Jul 2024. Rajesh Mehla was appointed as Director on 05 Jul 2024. Samudra Vijay was appointed as Director on 05 Mar 2018.
Varid Computing Services (India) can be reached through the website varidx.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Varid Computing Services (India) is at Unit No. 1122A 11th Floor Spaze IT Park Tower B4 Sector 49 Gurgaon, Haryana, India – 122018.
Varid Computing Services (India) operates in the information technology industry, in the cloud computing and cloud services segment.