Varniraj Cables Private Limited

Varniraj Cables Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U28999GJ2017PTC097619 Incorporated 29 May 2017 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹61.07 Lakh
▲ 73% YoY
Net loss · FY 2024
₹7.19 Lakh
Net margin -11.8%
EBITDA · FY 2024
-₹9,701
EBITDA margin -0.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Varniraj Cables Private Limited

Data last updated:

Varniraj Cables Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 29 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ2017PTC097619. Its GSTIN is 24AAFCV9445E1Z7 (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Nitinbhai Ghanshyambhai Chavda and Varshaben Mahendrabhai Chawada.

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 Plot No. 46 Paiki Samrat Industrial Area St No.6 Opp Jagnath Marble Gondal Road, Rajkot, Gujarat, India – 360001.

As per the financials filed for FY 2024, the company reported a revenue of ₹61.07 Lakh, a growth of 73% compared to the previous year. For the same year it recorded a net loss of ₹7.19 Lakh (net margin -11.8%) and EBITDA of -₹9,701 (EBITDA margin -0.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.

As per MCA filings, the company has open charges of ₹2 Cr on record.

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

Company details

CIN U28999GJ2017PTC097619
Registration Number 097619
Incorporation Date 29 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Varniraj Cables Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 46 Paiki Samrat Industrial Area St No.6 Opp Jagnath Marble Gondal Road, Rajkot, Gujarat, India – 360001
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of Varniraj Cables Private Limited, buy the company report.

Comprehensive company report
Varniraj Cables 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 Varniraj Cables 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 Varniraj Cables Private Limited, buy the company report.

Financials of Varniraj Cables Private Limited

FY 2025 filings available

Varniraj Cables Private Limited reported revenue of ₹61.07 Lakh (up 73% YoY) for FY 2024.

Revenue · FY 2024
₹61.07 Lakh ▲ 73%
Net loss · FY 2024
₹7.19 Lakh margin -11.8%
EBITDA · FY 2024
-₹9,701 margin -0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▼ 10%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 97%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%

Revenue rose 73% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 97% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹9,701
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.19 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-0.2%
Net Profit Margin-11.8%
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

To see the full financial statements and ratios of Varniraj Cables Private Limited, buy the company report.

Board of directors of Varniraj Cables Private Limited

Varniraj Cables has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitinbhai Ghanshyambhai ChavdaDirector29 May 20179 Years 4 MonthsCurrent
Varshaben Mahendrabhai ChawadaDirector29 May 20179 Years 4 MonthsCurrent

Auditor

Varniraj Cables Private Limited is audited by PURVI RAVAL & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
PURVI RAVAL & ASSOCIATESFY 2019129522W

Shareholding

The shareholding of Varniraj Cables Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Varniraj Cables Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Aug 2017100142789Others₹2 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varniraj Cables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Varniraj Cables has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCV9445E1Z7GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Varniraj Cables Private Limited, buy the company report.

Recent activity

Varniraj Cables Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Nitinbhai Ghanshyambhai Chavda was appointed as Director on 29 May 2017.

AGM
Varniraj Cables Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varniraj Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 199.50 Lakh with Charge ID 100142789 was registered on 29 Aug 2017.
Appointed
Nitinbhai Ghanshyambhai Chavda was appointed as Director.
Appointed
Varshaben Mahendrabhai Chawada was appointed as Director.
Incorporation
29 May 2017
Varniraj Cables Private Limited was registered on 29 May 2017 with Roc Ahmedabad & aged 9 years 4 months as per MCA records.

Frequently asked questions

Varniraj Cables is an active private limited company based in Rajkot, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 29 May 2017 (9+ years old) and is registered under CIN U28999GJ2017PTC097619.

Varniraj Cables has 2 current directors:

The latest financial statements of Varniraj Cables 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 2018 are in the company report.

The GSTIN of Varniraj Cables is 24AAFCV9445E1Z7, registered in Gujarat.

The CIN (Corporate Identification Number) of Varniraj Cables is U28999GJ2017PTC097619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varniraj Cables was incorporated on 29 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Nitinbhai Ghanshyambhai Chavda was appointed as Director on 29 May 2017. Varshaben Mahendrabhai Chawada was appointed as Director on 29 May 2017.

The registered office of Varniraj Cables is at Plot No. 46 Paiki Samrat Industrial Area St No.6 Opp Jagnath Marble Gondal Road, Rajkot, Gujarat, India – 360001.

Varniraj Cables operates in the manufacturing industry, in the cable and wire segment.

Varniraj Cables has open charges of ₹2 Cr and no satisfied charges on record as per latest MCA filings.