Varivar Polyfab (India) Private Limited

Varivar Polyfab (India) Private Limited - manufacturing in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U25209UP2018PTC108689 Incorporated 29 September 2018 ROC Kanpur HQ Kanpur, Uttar Pradesh, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹18.85 Cr
▲ 6% YoY
Net loss · FY 2025
₹1.05 Cr
Net margin -5.6%
EBITDA · FY 2025
₹61.14 Lakh
EBITDA margin 3.2%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.5 Cr
Issued & subscribed
Open charges
₹17.63 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Varivar Polyfab (India) Private Limited

Data last updated:

Varivar Polyfab (India) Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 29 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U25209UP2018PTC108689. Its GSTIN is 24AAGCV6010L1ZC (Gujarat).

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Neha Gupta and Kusum Gupta.

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 37/19 – C Shiv Shanti Tower 103, Kanpur, Uttar Pradesh, India – 208001.

As per the financials filed for FY 2025, the company reported a revenue of ₹18.85 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Cr (net margin -5.6%) and EBITDA of ₹61.14 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 110% over five years.

As per MCA filings, the company has open charges of ₹17.63 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.

Varivar Polyfab (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-43-0026088).

Company details

CIN U25209UP2018PTC108689
Registration Number 108689
Incorporation Date 29 September 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-UP-43-0026088

Recognitions & Rankings of Varivar Polyfab (India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-43-0026088

Contact details

Varivar Polyfab (India) Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    37/19 – C Shiv Shanti Tower 103, Kanpur, Uttar Pradesh, India – 208001
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Varivar Polyfab (India) Private Limited, buy the company report.

Comprehensive company report
Varivar Polyfab (India) 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 Varivar Polyfab (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Varivar Polyfab (India) Private Limited, buy the company report.

Financials of Varivar Polyfab (India) Private Limited

FY 2025 filings available

Varivar Polyfab (India) Private Limited reported revenue of ₹18.85 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹18.85 Cr ▲ 6%
Net loss · FY 2025
₹1.05 Cr margin -5.6%
EBITDA · FY 2025
₹61.14 Lakh margin 3.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 9%
5 years · compounded
▲ 110%
EBITDA CAGR growth
3 years · compounded
▼ 29%
5 years · compounded
▲ 55%

Revenue has grown at a compounded annual rate (CAGR) of 110% over five years, including 6% growth 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹61.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.05 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.2%
Net Profit Margin-5.6%
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 Varivar Polyfab (India) Private Limited, buy the company report.

Board of directors of Varivar Polyfab (India) Private Limited

Varivar Polyfab (India) has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Neha GuptaDirector29 Sep 20188 Years 0 MonthsCurrent
Kusum GuptaDirector29 Sep 20188 Years 0 MonthsCurrent

Peer comparison

Varivar Polyfab (India) Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Skyi Composites Private Limited₹18.97 Cr (FY 2024)5.0%Khed, Maharashtra, India
Modern Polytainers Private Limited₹18.91 Cr (FY 2025)19.0%Meerut, Uttar Pradesh, India
Varivar Polyfab (India) Private Limitedthis company₹18.85 Cr (FY 2025)-₹1.05 Cr-5.6%6.0%Kanpur, Uttar Pradesh, India
Teekay Non Woven Private Limited₹18.82 Cr (FY 2024)-14.0%Sivakasi, Tamil Nadu, India
Prime Pipes & Fittings Private Limited₹18.81 Cr (FY 2024)-28.0%Bangalore, Karnataka, India
Sun Acrylics Private Limited₹18.8 Cr (FY 2018)4.0%Tal  Talasari Achhad, Po  Uplat, Maharashtra, India
Aaryansh Polymers Private Limited₹18.8 Cr (FY 2025)25.0%Umred, Maharashtra, India
R.L. Commercial Private Limited₹18.79 Cr (FY 2025)5.0%Kolkata, West Bengal, India

To see the full peer comparison of Varivar Polyfab (India) Private Limited, buy the company report.

Auditor

Varivar Polyfab (India) Private Limited is audited by Harsh Agarwal & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Harsh Agarwal & AssociatesFY 2023423500

Shareholding

The shareholding of Varivar Polyfab (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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Varivar Polyfab (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹17.63 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹17.63 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Feb 2022100575025State Bank of India₹2 CrOpen
30 Nov 2018100223989State Bank of India₹15.63 CrOpen

To see the full charge records of Varivar Polyfab (India) Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varivar Polyfab (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Varivar Polyfab (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCV6010L1ZCGujaratActive21 Nov 2018

To see the full GST registrations and return filing status of Varivar Polyfab (India) Private Limited, buy the company report.

Recent activity

Varivar Polyfab (India) Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kusum Gupta was appointed as Director on 29 Sep 2018.

AGM
Varivar Polyfab (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varivar Polyfab (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 100575025 was registered on 04 Feb 2022.
Charges
A charge with State Bank Of India of Rs. 15.63 Cr registered on 30 Nov 2018 with Charge ID 100223989 was modified on 28 Jul 2020.
Charges
A charge with State Bank Of India amounted to Rs. 15.63 Cr with Charge ID 100223989 was registered on 30 Nov 2018.
Appointed
Kusum Gupta was appointed as Director.
Appointed
Neha Gupta was appointed as Director.
Incorporation
29 Sep 2018
Varivar Polyfab (India) Private Limited was registered on 29 Sep 2018 with Roc Kanpur & aged 8 years 24 days as per MCA records.

Frequently asked questions

Varivar Polyfab (India) is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 29 September 2018 (8+ years old) and is registered under CIN U25209UP2018PTC108689.

Varivar Polyfab (India) has 2 current directors:

The latest financial statements of Varivar Polyfab (India) 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 FY 2019 are in the company report.

The GSTIN of Varivar Polyfab (India) is 24AAGCV6010L1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Varivar Polyfab (India) is U25209UP2018PTC108689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varivar Polyfab (India) has 2 court cases on record: 2 filed by the company. 2 are pending.

Varivar Polyfab (India) was incorporated on 29 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Varivar Polyfab (India) by revenue are Skyi Composites Private Limited, Modern Polytainers Private Limited, Teekay Non Woven Private Limited, Prime Pipes & Fittings Private Limited, Sun Acrylics Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Kusum Gupta was appointed as Director on 29 Sep 2018. Neha Gupta was appointed as Director on 29 Sep 2018.

Yes, Varivar Polyfab (India) is registered as a small enterprise under Udyam registration (number: UDYAM-UP-43-0026088).

The registered office of Varivar Polyfab (India) is at 3719 – C Shiv Shanti Tower 103, Kanpur, Uttar Pradesh, India – 208001.