Varija Roadways Private Limited

Varija Roadways Private Limited - transport and logistics in Dharwad, Karnataka, India. FY 2026 financials & compliance.
CIN U60232KA2007PTC043421 Incorporated 20 July 2007 ROC Bangalore HQ Dharwad, Karnataka, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2022
₹22.85 Lakh
▼ 25% YoY
EBITDA · FY 2022
₹1.59 Lakh
EBITDA margin 6.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹14.6 Lakh
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Varija Roadways Private Limited

Data last updated:

Varija Roadways Private Limited is a private limited company based in Dharwad, Karnataka, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 20 July 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60232KA2007PTC043421. Its GSTIN is 29AACCV5169J2ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pradip Kumar Mishra and Vikash Kr Pandey.

Its last annual general meeting (AGM) was held on 20 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Dharwad, Karnataka.

As per the financials filed for FY 2022, the company reported a revenue of ₹22.85 Lakh, a decline of 25% compared to the previous year. For the same year it recorded EBITDA of ₹1.59 Lakh (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 20% over five years.

As per MCA filings, the company has open charges of ₹14.6 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Varija Roadways Private Limited
CIN U60232KA2007PTC043421
Registration Number 043421
Incorporation Date 20 July 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 August 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Vikash Kr Pandey C/O K G Belgaunkar Plot No 20 Mukambika Nagar Opp Kvg Bank H O P B Roa, D, Dharwad, Karnataka, India – 580001
  • Industry
    Transport and Logistics, Carriers Services
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Financials, compliance, directors, charges, ownership and filings for Varija Roadways Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Varija Roadways Private Limited

The main business activity of Varija Roadways is transport and storage. In detail, this covers land transport via road.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
HTransport and storageH1Land Transport via RoadLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Varija Roadways Private Limited FY 2022 filings available

Varija Roadways Private Limited reported revenue of ₹22.85 Lakh (down 25% YoY) for FY 2022.

Revenue · FY 2022
₹22.85 Lakh ▼ 25%
EBITDA · FY 2022
₹1.59 Lakh margin 6.9%

Compounded Annual Growth Rate (CAGR) of Varija Roadways Private Limited

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 30%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 12%
5 years · compounded
▲ 13%

Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 25% fall in the latest year. EBITDA rose 2% 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 Varija Roadways Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹1.59 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)••••••••••••••••••••
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 Varija Roadways Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin6.9%••••••••••••••••
Net Profit Margin••••••••••••••••••••
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 Varija Roadways are in the company report.

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Financial statements from 2015

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Board of Directors of Varija Roadways Private Limited

Varija Roadways has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradip Kumar MishraDirector20 Jul 200719 Years 3 MonthsCurrent
Vikash Kr PandeyDirector20 Jul 200719 Years 3 MonthsCurrent

Peer Comparison of Varija Roadways Private Limited

Varija Roadways Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Pickup Logistics Private Limited₹23.81 Lakh (FY 2024)••••••••6.0%••••Delhi, India
Skyway Trans Solutions Private Limited₹23.73 Lakh (FY 2024)••••••••-7.0%••••New Delhi, Delhi, India
Blue Pet Logistics Private Limited₹23.63 Lakh (FY 2022)••••••••1955.0%••••Kolkata, West Bengal, India
Tiger Cargo Movers and Packers Private Limited₹23.58 Lakh (FY 2022)••••••••38.0%••••Aurangabad, Maharashtra, India
Shree Jagannath Transport Corporation Limited₹22.86 Lakh (FY 2025)••••••••-87.0%••••Cuttack, Odisha, India
Varija Roadways Private Limited this company₹22.85 Lakh (FY 2022)••••••••-25.0%••••Dharwad, Karnataka, India
Rajprotim Health Care Private Limited₹22.64 Lakh (FY 2023)••••••••••••Kolkata, West Bengal, India
Bangdwara Private Limited₹22.58 Lakh (FY 2023)••••••••32.0%••••Delhi, India
Kartar Goods Carriers Pvt Ltd₹22.48 Lakh (FY 2025)••••••••79.0%••••Amritsar, Punjab, India
Jaimata Logistics (I) Private Limited₹22.22 Lakh (FY 2025)••••••••-78.0%••••Nashik, Maharashtra, India
Gill Goods Carriers Private Limited₹22.13 Lakh (FY 2025)••••••••9359.0%••••Delhi, India

Peers are the five companies nearest above and the five nearest below Varija Roadways by revenue in the Transport and Logistics industry (Road Carriers and Trucking), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Varija Roadways Private Limited

Varija Roadways Private Limited is audited by CHETAN AGARWAL & CO for the financial year 2019.

NameStatusAppointment DateCessation Date
CHETAN AGARWAL & COLockedLockedLocked
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Ownership and Shareholding of Varija Roadways Private Limited

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Charges & Borrowings of Varija Roadways Private Limited

Open charges
₹14.6 Lakh
Satisfied charges
None
Breakdown by lending institutions
Karnataka Bank Ltd.₹0.15 Cr
Latest charge details
DateLenderAmountStatus
26 Sep 2019Karnataka Bank Ltd.₹14.6 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Varija Roadways Private Limited

Employment history and EPFO contributions of people linked to Varija Roadways.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Varija Roadways Private Limited

Varija Roadways Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Vikash Kr Pandey ceased to be Managing Director on 30 Sep 2019.

AGM
Varija Roadways Private Limited last Annual general meeting of members was held on 20 Aug 2022 as per latest MCA records.
Filing
Varija Roadways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Karnataka Bank Ltd. of Rs. 14.60 Lakh registered on 26 Sep 2019 with Charge ID 100294275 was modified on 18 Jan 2021.
Ceased
Vikash Kr Pandey ceased to be Managing Director.
Ceased
Vivekkumar Sadanand Pandey ceased to be Managing Director.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 14.60 Lakh with Charge ID 100294275 was registered on 26 Sep 2019.
Appointed
Pradip Kumar Mishra was appointed as Director.
Appointed
Vikash Kr Pandey was appointed as Director.
Incorporation
20 Jul 2007
Varija Roadways Private Limited was registered on 20 Jul 2007 with Roc Bangalore & aged 19 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Varija Roadways Private Limited

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MSME Payment Delays by Varija Roadways Private Limited

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Subsidiaries & Group Companies of Varija Roadways Private Limited

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GST Compliance of Varija Roadways Private Limited

Varija Roadways has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AACCV5169J2ZRKarnatakaActive21 Jul 2017
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MCA Filings & Documents of Varija Roadways Private Limited

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Frequently Asked Questions about Varija Roadways Private Limited

Varija Roadways is an active private limited company based in Dharwad, Karnataka, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 20 July 2007 (19+ years old) and is registered under CIN U60232KA2007PTC043421.

Varija Roadways reported revenue of ₹22.85 Lakh for FY 2022 (down 25% YoY).

Varija Roadways has 2 current directors:

Varija Roadways reported EBITDA of ₹1.59 Lakh (EBITDA margin 6.9%) for FY 2022, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Varija Roadways is -30% over three years and -20% over five years. In the latest year (FY 2022) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Varija Roadways is 29AACCV5169J2ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Varija Roadways is U60232KA2007PTC043421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varija Roadways has 1 court case on record: 1 filed against it.

Varija Roadways was incorporated on 20 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Varija Roadways by revenue are Pickup Logistics Private Limited, Skyway Trans Solutions Private Limited, Blue Pet Logistics Private Limited, Tiger Cargo Movers and Packers Private Limited, Shree Jagannath Transport Corporation Limited and 5 more, all in the Transport and Logistics industry (Road Carriers and Trucking).

Vikash Kr Pandey ceased to be Managing Director on 30 Sep 2019. Vivekkumar Sadanand Pandey ceased to be Managing Director on 30 Sep 2019. Pradip Kumar Mishra was appointed as Director on 20 Jul 2007. Varija Roadways has 4 board changes on record in total.

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