Variman Projects Private Limited
About Variman Projects Private Limited
Data last updated:
Variman Projects Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 01 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45309TG2017PTC116887. Its GSTIN is 36AAFCV9038F1Z3 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anjith Balmuri and Raghavender Rao Kandikonda.
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 2 – 2 – 24/P/1/203 Prudhvi Apartment Central Excise Colony Bagh Amberpet, Hyderabad, Telangana, India – 500013.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.6 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹7.33 Lakh (net margin 2.8%) and EBITDA of ₹25.42 Lakh (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address2 – 2 – 24/P/1/203 Prudhvi Apartment Central Excise Colony Bagh Amberpet, Hyderabad, Telangana, India – 500013
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Variman Projects Private Limited
The main business activity of Variman Projects is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | 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.
Auditor Details of Variman Projects Private Limited
Variman Projects Private Limited is audited by VRAVI&CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VRAVI&CO | 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 Variman Projects Private Limited
Variman Projects has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjith Balmuri Also directs: Keratam Projects LLP, Sreevenkateswara 7 Hills LLP | Director | 18 Apr 2018 | 8 Years 5 Months | Current |
| Raghavender Rao Kandikonda | Director | 18 Apr 2018 | 8 Years 5 Months | Current |
| Rajeshwar Rao Averenani | Director | 18 Apr 2018 | 8 Years 5 Months | Current |
| Akshay Regulapati Also directs: Article 19 Media Works Private Limited | Director | 01 May 2017 | 9 Years 5 Months | Current |
| Ramgopalrao Muppala Also directs: Keratam Projects LLP | Director | 01 May 2017 | 9 Years 5 Months | Current |
Financials of Variman Projects Private Limited FY 2024 filings available
Variman Projects Private Limited reported revenue of ₹2.6 Cr (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Variman Projects Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 57% fall in the latest year. EBITDA fell 60% 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 Variman Projects 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 | ₹25.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.33 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 Variman Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Variman Projects are in the company report.
Financial statements from FY 2018
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.
Ownership and Shareholding of Variman Projects 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 Variman Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2024 | Axis Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Variman Projects Private Limited
Variman Projects Private Limited has a workforce of 6 employees as of Mar 23, 2024.
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.
GST Compliance of Variman Projects Private Limited
Variman Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCV9038F1Z3 | Telangana | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Variman Projects 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 Variman Projects 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 Variman Projects 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.
MCA Filings & Documents of Variman Projects 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.
Recent Activity on Variman Projects Private Limited
Frequently Asked Questions about Variman Projects Private Limited
Variman Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 01 May 2017 (9+ years old) and is registered under CIN U45309TG2017PTC116887.
Variman Projects reported revenue of ₹2.6 Cr for FY 2024 (down 57% YoY).
Variman Projects has 5 current directors:
- Anjith Balmuri - Director
- Raghavender Rao Kandikonda - Director
- Rajeshwar Rao Averenani - Director
- Akshay Regulapati - Director
- Ramgopalrao Muppala - Director
Variman Projects reported a net profit of ₹7.33 Lakh (net margin 2.8%) and EBITDA of ₹25.42 Lakh (EBITDA margin 9.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Variman Projects is -15% over three years and -10% over five years. In the latest year (FY 2024) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Variman Projects is 36AAFCV9038F1Z3, registered in Telangana.
The CIN (Corporate Identification Number) of Variman Projects is U45309TG2017PTC116887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variman Projects was incorporated on 01 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The registered office of Variman Projects is at 2 – 2 – 24P1203 Prudhvi Apartment Central Excise Colony Bagh Amberpet, Hyderabad, Telangana, India – 500013.