Varron Auto Comp Private Limited

Varron Auto Comp Private Limited - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U29119PN2010PTC136159 Incorporated 26 April 2010 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2015
₹1,430.47 Cr
▼ 34% YoY
Net profit · FY 2015
₹2.75 Cr
Net margin 0.2%
EBITDA · FY 2015
₹5.14 Cr
EBITDA margin 0.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15.61 Cr
Satisfied ₹15 Cr
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

About Varron Auto Comp Private Limited

Data last updated:

Varron Auto Comp Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 26 April 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29119PN2010PTC136159. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Sanjiv Visvambhar Pophale and Mukund Sadashiv Kulkarni.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 3 Shamal Apartments Anand Park Aundh, Pune, Maharashtra, India – 411007.

As per the financials filed for FY 2015, the company reported a revenue of ₹1,430.47 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.75 Cr (net margin 0.2%) and EBITDA of ₹5.14 Cr (EBITDA margin 0.4%).

As per MCA filings, the company has open charges of ₹15.61 Cr and satisfied charges of ₹15 Cr on record. Court records list 5 cases involving the company, including 1 filed against it; 4 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2012. Its 10 peer companies in the Automobiles industry (Auto, Auto Ancillary) are compared by revenue, 5 larger and 5 smaller; the largest is Kirloskar Systems Private Limited.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website varrongroup.com.

Company Details of Varron Auto Comp Private Limited
CIN U29119PN2010PTC136159
Registration Number 136159
Incorporation Date 26 April 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    3 Shamal Apartments Anand Park Aundh, Pune, Maharashtra, India – 411007
  • Industry
    Automotive, Auto Parts & Components
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Financials, compliance, directors, charges, ownership and filings for Varron Auto Comp Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Varron Auto Comp Private Limited

The main business activity of Varron Auto Comp is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Varron Auto Comp Private Limited FY 2016 filings available

Varron Auto Comp Private Limited reported revenue of ₹1,430.47 Cr (down 34% YoY) for FY 2015.

Revenue · FY 2015
₹1,430.47 Cr ▼ 34%
Net profit · FY 2015
₹2.75 Cr margin 0.2%
EBITDA · FY 2015
₹5.14 Cr margin 0.4%

Compounded Annual Growth Rate (CAGR) of Varron Auto Comp Private Limited

Revenue CAGR growth
1 year
▼ 34%
EBITDA CAGR growth
1 year
▼ 76%

Revenue fell 34% in the latest year. EBITDA fell 76% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Varron Auto Comp Private Limited

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations₹1,430.47 Cr
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA₹5.14 Cr
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹2.75 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 Varron Auto Comp Private Limited

MetricsFY 2014-15
Profitability
EBITDA Margin0.4%
Net Profit Margin0.2%
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 Varron Auto Comp are in the company report.

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Financial statements from 2015

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Peer Comparison of Varron Auto Comp Private Limited

Varron Auto Comp Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto, Auto Ancillary). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kirloskar Systems Private Limited••••••••••••••••-Bengaluru, Karnataka, India
Badve Autocomps Private Limited••••••••••••••••-Aurangabad, Maharashtra, India
Happy Forgings Limited••••••••••••••••20Ludhiana, Punjab, India
Tata Autocomp Gotion Green Energy Solutions Private Limited••••••••••••••••427Erandwane Pune, Maharashtra, India
Toyota Boshoku Automotive India Private Limited••••••••••••••••876Ramanagara, Karnataka, India
Varron Auto Comp Private Limited this company••••••••••••••••-Pune, Maharashtra, India
Daebu Automotive Seat India Private Limited••••••••••••••••119Sriperumbudur Taluk, Tamil Nadu, India
Sunbeam Auto Private Limited••••••••••••••••-Gurgaon, Haryana, India
Mark Exhaust Systems Limited••••••••••••••••243New Delhi, Delhi, India
Laxmi Metal Pressing Works Private Limited••••••••••••••••152Aurangabad, Maharashtra, India
Dana India Private Limited••••••••••••••••87Pune, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Varron Auto Comp by revenue in the Automobiles industry (Auto, Auto Ancillary), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Varron Auto Comp Private Limited

Auditor information for Varron Auto Comp Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.

Board of Directors of Varron Auto Comp Private Limited

Varron Auto Comp has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukund Sadashiv KulkarniAdditional Director22 Mar 20188 Years 6 MonthsCurrent
Sanjiv Visvambhar PophaleDirector17 Dec 201213 Years 9 MonthsCurrent

Ownership and Shareholding of Varron Auto Comp Private Limited

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Charges & Borrowings of Varron Auto Comp Private Limited

Open charges
₹15.61 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Canara Bank Specialised Mid Corporate Branch Deccan Gymkhana Pune₹13.61 Cr
Canara Bank₹2.00 Cr
Latest charge details
DateLenderAmountStatus
03 Sep 2015Canara Bank Specialised Mid Corporate Branch Deccan Gymkhana Pune₹13.3 CrOpen
06 Aug 2015Canara Bank Specialised Mid Corporate Branch Deccan Gymkhana Pune₹31 LakhOpen
29 Jun 2013Canara Bank₹2 CrOpen
13 Jun 2011Canara Bank₹15 CrSatisfied

Total charge records: 4 View all charges

Deals & Funding of Varron Auto Comp Private Limited

Varron Auto Comp Private Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2012.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Nov 2012Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
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Employees and EPFO Compliance at Varron Auto Comp Private Limited

Employment history and EPFO contributions of people linked to Varron Auto Comp.

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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 Varron Auto Comp Private Limited

Varron Auto Comp Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Shrikant Pandurang Sawaikar ceased to be Director on 22 May 2018.

Ceased
Shrikant Pandurang Sawaikar ceased to be Director.
Appointed
Mukund Sadashiv Kulkarni was appointed as Additional Director.
AGM
Varron Auto Comp Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Varron Auto Comp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Pune.
Charges
A charge registered on 13 Jun 2011 via Charge ID 10353364 with Canara Bank was fully satisfied on 24 Sep 2015.
Charges
A charge with Canara Bank Specialised Mid Corporate Branch Deccan Gymkhana Pune amounted to Rs. 13.30 Cr with Charge ID 10591939 was registered on 03 Sep 2015.
Charges
A charge with Canara Bank Specialised Mid Corporate Branch Deccan Gymkhana Pune amounted to Rs. 0.31 Cr with Charge ID 10589120 was registered on 06 Aug 2015.
Ceased
Sanjiv Visvambhar Pophale ceased to be Additional Director.
Charges
A charge with Canara Bank amounted to Rs. 2.00 Cr with Charge ID 10444447 was registered on 29 Jun 2013.
Appointed
Sanjiv Visvambhar Pophale was appointed as Director.
Ceased
Shripad Purushottam Joshii ceased to be Director.
Charges
A charge with Canara Bank of Rs. 15.00 Cr registered on 13 Jun 2011 with Charge ID 10353364 was modified on 10 Oct 2011.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Varron Auto Comp Private Limited

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MSME Payment Delays by Varron Auto Comp Private Limited

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Subsidiaries & Group Companies of Varron Auto Comp Private Limited

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GST Compliance of Varron Auto Comp Private Limited

Varron Auto Comp has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Varron Auto Comp Private Limited

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Frequently Asked Questions about Varron Auto Comp Private Limited

Varron Auto Comp is an active private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 26 April 2010 (16+ years old) and is registered under CIN U29119PN2010PTC136159.

Varron Auto Comp reported revenue of ₹1,430.47 Cr for FY 2015 (down 34% YoY).

Varron Auto Comp has 2 current directors:

Varron Auto Comp reported a net profit of ₹2.75 Cr (net margin 0.2%) and EBITDA of ₹5.14 Cr (EBITDA margin 0.4%) for FY 2015, as per its filed financial statements.

No. Varron Auto Comp has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Varron Auto Comp is U29119PN2010PTC136159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varron Auto Comp has 5 court cases on record: 1 filed against it. 4 are pending. Most are in the district courts.

Varron Auto Comp was incorporated on 26 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.

Varron Auto Comp has 1 deal on record (1 secondary share transfer); the latest was in November 2012.

The peers of Varron Auto Comp by revenue are Kirloskar Systems Private Limited, Badve Autocomps Private Limited, Happy Forgings Limited, Tata Autocomp Gotion Green Energy Solutions Private Limited, Toyota Boshoku Automotive India Private Limited and 5 more, all in the Automobiles industry (Auto, Auto Ancillary).

Shrikant Pandurang Sawaikar ceased to be Director on 22 May 2018. Mukund Sadashiv Kulkarni was appointed as Additional Director on 22 Mar 2018. Sanjiv Visvambhar Pophale ceased to be Additional Director on 30 Sep 2013. Varron Auto Comp has 5 board changes on record in total.

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