About Varmora Plastech Private Limited
Data last updated:
Varmora Plastech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 01 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28112GJ2013PTC074802. Its GSTIN is 24AAECV4247P1ZV (Gujarat). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16.27 Cr and a paid-up capital of ₹10.49 Cr. It is led by directors including Bhavesh Vallabhdas Varmora and Rajkumar Prakashbhai Varmora.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.17 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Cr (net margin -3%) and EBITDA of ₹5.57 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varmora Plastech. As per MCA filings, the company has open charges of ₹42.51 Cr on record. Court records list 50 cases involving the company, including 46 filed by the company and 3 filed against it; 15 cases are pending. The company has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹50.34 Cr; the latest was in April 2017. Its 10 peer companies in the Consumer Products industry (Crockery and Utensils Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Arsan Industries Private Limited with revenue of ₹69.28 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varmoraplastech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No – 3 Block No – 86 Po: Vasna Chacharvadi Near Divya Bhaskar Press Bavla – Changoda, R, Ahmedabad, Gujarat, India – 382213
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
- 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 Varmora Plastech Private Limited
The main business activity of Varmora Plastech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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.
Financials of Varmora Plastech Private Limited FY 2025 filings available
Varmora Plastech Private Limited reported revenue of ₹63.17 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Varmora Plastech Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 48% 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 Varmora Plastech 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 | ₹5.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.89 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 Varmora Plastech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 | •••• | •••• | •••• | •••• | •••• |
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 Varmora Plastech are in the company report.
Financial statements from 2015
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.
Peer Comparison of Varmora Plastech Private Limited
Varmora Plastech Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arsan Industries Private Limited | ₹69.28 Cr (FY 2025) | •••• | •••• | 326.0% | •••• | Delhi, India |
| FNS International Limited | ₹67.56 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Universal Steel Discs Private Limited | ₹66.26 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Karnal, Haryana, India |
| Swastik Industries International Private Limited | ₹65.98 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Delhi, India |
| Mars Houseware Industries Private Limited | ₹65.42 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Varmora Plastech Private Limited this company | ₹63.17 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Ahmedabad, Gujarat, India |
| Mpee Kitchenette Private Limited | ₹62.39 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Bengaluru, Karnataka, India |
| Samrat Houseware Private Limited | ₹58.87 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Rico Appliances Private Limited | ₹57.87 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Lallubhai Amichand Limited | ₹57.59 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Eff N' Bee Hospitality Private Limited | ₹56.66 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Varmora Plastech by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers), 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 Varmora Plastech Private Limited
Varmora Plastech Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | 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 Varmora Plastech Private Limited
Varmora Plastech has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Vallabhdas Varmora Also directs: Simola Tiles LLP, Cresta Business India LLP, Allemby Ceramics Private Limited and 3 more | Director | 18 Mar 2017 | 9 Years 6 Months | Current |
| Rajkumar Prakashbhai Varmora Also directs: Split Developers Private Limited | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Hirenbhai Ramanbhai Patel Also directs: SPL Exim Private Limited | Director | 18 Mar 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Varmora Plastech 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 Varmora Plastech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2025 | Sidbi | ₹60 Lakh | Open |
| 20 Jul 2023 | Sidbi | ₹1.7 Cr | Open |
| 27 Dec 2021 | Others | ₹3.97 Cr | Open |
| 13 Sep 2019 | Others | ₹10 Cr | Open |
| 22 Sep 2013 | State Bank of India | ₹26.24 Cr | Open |
Total charge records: 5 View all charges
Deals & Funding of Varmora Plastech Private Limited
Varmora Plastech Private Limited has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹50.34 Cr; the latest was in April 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Funding round | ₹35.43 Cr | Investors: GVFL, 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Dec 2016 | Funding round | ₹1 Cr | Investors: 4 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sunhearrt Ceramix Private Limited , 3 individuals |
| Sep 2013 | Funding round | ₹8.49 Cr | Investors: Sunhearrt Ceramix Private Limited , Sunshine Fasteners Private Limited , 2 individuals |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Varmora Plastech Private Limited
Varmora Plastech Private Limited has 50 court cases on record: 46 filed by Varmora Plastech, 3 filed against it, 1 where it is another party. 15 cases are pending and 35 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 0 | 15 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Shri Khatu Shyam Mega Mart LLP | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Shri Khatu Shyam Mega Mart LLP | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against SNNR Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Mayasheel Retail India Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Mayasheel Retail India Limited | Disposed |
Full case history
All 50 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Varmora Plastech Private Limited
Varmora Plastech operates one associated brand: Varmora Plastech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Houseware products are manufactured and exported by Varmora Plastech. | varmoraplastech.com |
Employees and EPFO Compliance at Varmora Plastech Private Limited
Varmora Plastech Private Limited has a workforce of 92 employees as of Apr 06, 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.
News related to Varmora Plastech Private Limited
Recent Activity on Varmora Plastech Private Limited
Varmora Plastech Private Limited has 18 board changes on record since 2015: 4 appointments and 14 cessations. The latest: Ravi Prakashbhai Ranpura was appointed as Company Secretary on 15 Oct 2024.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varmora Plastech 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 Varmora Plastech 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 Varmora Plastech 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.
GST Compliance of Varmora Plastech Private Limited
Varmora Plastech has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV4247P1ZV | Gujarat | 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.
MCA Filings & Documents of Varmora Plastech 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.
Frequently Asked Questions about Varmora Plastech Private Limited
Varmora Plastech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 01 May 2013 (13+ years old) and is registered under CIN U28112GJ2013PTC074802.
Varmora Plastech reported revenue of ₹63.17 Cr for FY 2025 (down 6% YoY).
Varmora Plastech has 3 current directors:
- Bhavesh Vallabhdas Varmora - Director
- Rajkumar Prakashbhai Varmora - Director
- Hirenbhai Ramanbhai Patel - Director
Varmora Plastech reported a net loss of ₹1.89 Cr (net margin -3%) and EBITDA of ₹5.57 Cr (EBITDA margin 8.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varmora Plastech is -5% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varmora Plastech is 24AAECV4247P1ZV, registered in Gujarat. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Varmora Plastech is U28112GJ2013PTC074802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varmora Plastech has 50 court cases on record: 46 filed by the company and 3 filed against it. 15 are pending. Most are in the district courts.
Varmora Plastech was incorporated on 01 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Varmora Plastech has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹50.34 Cr; the latest was in April 2017.
The peers of Varmora Plastech by revenue are Arsan Industries Private Limited, FNS International Limited, Universal Steel Discs Private Limited, Swastik Industries International Private Limited, Mars Houseware Industries Private Limited and 5 more, all in the Consumer Products industry (Crockery and Utensils Manufacturers).