MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0009771
Varma Steels Private Limited - metals and minerals in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹270.77 Cr
▼ 22% YoY
Net profit · FY 2025
₹7.68 Cr
Net margin 2.8%
EBITDA · FY 2025
₹21.84 Cr
EBITDA margin 8.1%
Authorised capital
₹2.07 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹104.34 Cr
Satisfied ₹26.83 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
92
Provident fund records
About Varma Steels Private Limited
Data last updated:
Varma Steels Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 01 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51102TG2016PTC103003. Its GSTIN is 36AAFCV3616D1ZJ (Telangana). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹2.07 Cr and a paid-up capital of ₹2 Cr. It is led by directors Alluri Venkata Panindra Varma (Managing Director) and Somayajulu Venkata Yazna Narayana Pratapa.
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 Durgam Cheruvu Park, Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹270.77 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹7.68 Cr (net margin 2.8%) and EBITDA of ₹21.84 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varma Steels. As per MCA filings, the company has open charges of ₹104.34 Cr and satisfied charges of ₹26.83 Cr on record. Court records list 18 cases involving the company, including 15 filed by the company and 2 filed against it; 12 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.9 Cr; the latest was in August 2020. Its 10 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Khan Steel Centre Private Limited with revenue of ₹284.05 Cr.
Varma Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0009771). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varmasteels.com.
Company Details of Varma Steels Private Limited
CIN U51102TG2016PTC103003
Registration Number 103003
Incorporation Date 01 February 2016
ROC Hyderabad
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 Medium
Udyam Registration UDYAM-TS-02-0009771
Key People
Alluri Venkata Panindra Varma Managing Director Somayajulu Venkata Yazna Narayana Pratapa Director Recognitions & Rankings of Varma Steels
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDoor No. 1 – 89/3/19 Sy No. 62 Part. 5th Floor The V – Towers Opp: Durgam Cheruvu Park, Main Gate, Hyderabad, Telangana, India – 500081
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
Comprehensive company report
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Associated Brands with Varma Steels Private Limited
Varma Steels operates one associated brand: Varma Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes cement, steel, RMC, admixtures, and provides logistics for construction. | varmasteels.com |
Business Activity of Varma Steels Private Limited
The main business activities of Varma Steels are trade, manufacturing and support service to organizations. In detail, this covers retail trading, metal and metal products and other support services to organizations. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| C | Manufacturing | C7 | Metal and metal products | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Varma Steels Private Limited FY 2025 filings available
Varma Steels Private Limited reported revenue of ₹270.77 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹270.77 Cr ▼ 22%
Net profit · FY 2025
₹7.68 Cr margin 2.8%
EBITDA · FY 2025
₹21.84 Cr margin 8.1%
Compounded Annual Growth Rate (CAGR) of Varma Steels Private Limited
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 6%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 55%
5 years · compounded
▲ 31%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 7% 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 Varma Steels Private Limited
| 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 | ₹21.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.68 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 of Varma Steels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | •••• | •••• | •••• | •••• |
| 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 Varma Steels are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Varma Steels Private Limited
Varma Steels has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somayajulu Venkata Yazna Narayana Pratapa | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
| Alluri Venkata Panindra Varma Also directs: Sri Madhura Kamakshi Constructions LLP, Home Tree Ventures LLP, A N V Restaurants LLP and 5 more | Managing Director | 01 Feb 2016 | 10 Years 8 Months | Current |
Peer Comparison of Varma Steels Private Limited
Varma Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khan Steel Centre Private Limited | ₹284.05 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Nagpur, Maharashtra, India |
| Mohashakti Forging Private Limited | ₹283.56 Cr (FY 2025) | •••• | •••• | 475.0% | •••• | Bhubaneswar, Odisha, India |
| MNB Bajrang Steel Private Limited | ₹282.89 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Sucon India Limited | ₹279.39 Cr (FY 2016) | •••• | •••• | -73.0% | •••• | Faridabad, Haryana, India |
| Shankh Trading Private Limited | ₹274.18 Cr (FY 2024) | •••• | •••• | 656.0% | •••• | Lucknow, Uttar Pradesh, India |
| Varma Steels Private Limited this company | ₹270.77 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
| Manishas Iron and Steel Private Limited | ₹268.56 Cr (FY 2025) | •••• | •••• | 1356.0% | •••• | Titilagarh, Odisha, India |
| Visaman Global Sales Limited | ₹266.72 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Rajkot, Gujarat, India |
| Gulzari Lal Kanthi Ram Private Limited | ₹266.38 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bareilly, Uttar Pradesh, India |
| Kag India Private Limited | ₹265.01 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Fischer Building Materials India Private Limited | ₹263.21 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Varma Steels by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), 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 Varma Steels Private Limited
Varma Steels Private Limited is audited by Vamsi & Assocaites for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vamsi & Assocaites | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Varma Steels Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Varma Steels Private Limited
Open charges
₹104.34 Cr
Satisfied charges
₹26.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2025 | Others | ₹2.1 Cr | Open |
| 21 Apr 2025 | Axis Bank Limited | ₹49.9 Lakh | Open |
| 31 Jan 2025 | Hdfc Bank Limited | ₹93 Lakh | Open |
| 13 Nov 2024 | Hdfc Bank Limited | ₹54.16 Lakh | Open |
| 30 Oct 2024 | Hdfc Bank Limited | ₹21.46 Lakh | Open |
Total charge records: 24 View all charges
Deals & Funding of Varma Steels Private Limited
Varma Steels Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.9 Cr; the latest was in August 2020.
Total deals
1
Funding round
1
Disclosed funding
₹1.9 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Funding round | ₹1.9 Cr | Investors: an individual |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Varma Steels Private Limited
Varma Steels Private Limited has 18 court cases on record: 15 filed by Varma Steels, 2 filed against it, 1 where it is another party. 12 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
18
Filed by the company
15
Filed against the company
2
Pending
12
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 2 | 12 |
| NCLAT | 5 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Court case (MVOP) | Filed against the company by an individual | Pending |
| District court, Hyderabad CCC, Telangana | Court case (CC.NI) | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Court case (MVOP) | Company is another party | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Rangareddy, Telangana | Court case (MVOP) | Filed against the company by an individual | Pending |
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Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Varma Steels Private Limited
Varma Steels Private Limited has a workforce of 92 employees as of Apr 01, 2024.
Employee count
92
Active EPFO establishments
1
Employee growth
50.82%
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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 Varma Steels Private Limited
Varma Steels Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Sushma Alluri ceased to be Director on 21 May 2025.
AGM
Varma Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.10 Cr with Charge ID 101156514 was registered on 20 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 52.83 Cr registered on 30 Jan 2023 with Charge ID 100679751 was modified on 24 Jul 2025.
Ceased
Sushma Alluri ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101093586 was registered on 21 Apr 2025.
Filing
Varma Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.93 Cr with Charge ID 101081550 was registered on 31 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.54 Cr with Charge ID 101025769 was registered on 13 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101009306 was registered on 30 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.07 Cr with Charge ID 100995917 was registered on 17 Oct 2024.
Ceased
Tejaswi Alluri ceased to be Alternate Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.77 Cr with Charge ID 100998210 was registered on 03 Oct 2024.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varma Steels Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Varma Steels Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Varma Steels Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Varma Steels Private Limited
Varma Steels has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCV3616D1ZJ | Telangana | Active | 01 Jul 2017 |
| 36AAFCV8368N1ZF | Telangana | Active | 01 Jul 2017 |
| 36AAFCV3616D2ZI | Telangana | Active | 06 Apr 2022 |
| 37AAFCV3616D1ZH | Andhra Pradesh | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Varma Steels Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Varma Steels Private Limited
Varma Steels is an active private limited company based in Hyderabad, Telangana, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 01 February 2016 (10+ years old) and is registered under CIN U51102TG2016PTC103003.
Varma Steels reported revenue of ₹270.77 Cr for FY 2025 (down 22% YoY).
Varma Steels has 2 current directors:
- Alluri Venkata Panindra Varma - Managing Director
- Somayajulu Venkata Yazna Narayana Pratapa - Director
Varma Steels reported a net profit of ₹7.68 Cr (net margin 2.8%) and EBITDA of ₹21.84 Cr (EBITDA margin 8.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varma Steels is 6% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varma Steels is 36AAFCV3616D1ZJ, registered in Telangana. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 36AAFCV8368N1ZF (Telangana), 36AAFCV3616D2ZI (Telangana), 37AAFCV3616D1ZH (Andhra Pradesh).
The CIN (Corporate Identification Number) of Varma Steels is U51102TG2016PTC103003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varma Steels has 18 court cases on record: 15 filed by the company and 2 filed against it. 12 are pending. Most are in the district courts.
Varma Steels was incorporated on 01 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Varma Steels has 1 deal on record (1 funding round), with disclosed funding of ₹1.9 Cr; the latest was in August 2020.
The peers of Varma Steels by revenue are Khan Steel Centre Private Limited, Mohashakti Forging Private Limited, MNB Bajrang Steel Private Limited, Sucon India Limited, Shankh Trading Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution).