About Varsha Cranes Private Limited
Data last updated:
Varsha Cranes Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 17 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U71210MH2012PTC238879. Its GSTIN is 27AAECV3244L1Z2 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Varsha Dharod and Khushal Premji Dharod.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C 620 Steel Chambers Steel Yard Kalamboli, Navi Mumbai, Maharashtra, India – 410218.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.74 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹55.12 Lakh (net margin 5.1%) and EBITDA of ₹4.47 Cr (EBITDA margin 41.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 31% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varsha Cranes. As per MCA filings, the company has open charges of ₹26.48 Cr and satisfied charges of ₹1.66 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varshacranes.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC 620 Steel Chambers Steel Yard Kalamboli, Navi Mumbai, Maharashtra, India – 410218
- IndustryFinancial Services, Equipment Leasing & Financing
- 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 Varsha Cranes Private Limited
The main business activity of Varsha Cranes is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | 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 Varsha Cranes Private Limited FY 2024 filings available
Varsha Cranes Private Limited reported revenue of ₹10.74 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Varsha Cranes Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 36% growth in the latest year. EBITDA rose 36% 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 Varsha Cranes Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹4.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55.12 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 of Varsha Cranes Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 Varsha Cranes 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 Varsha Cranes Private Limited
Varsha Cranes Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nirmitee Technologies Private Limited | ₹11.18 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Pune, Maharashtra, India |
| Equilease Private Limited | ₹10.88 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Noida, Uttar Pradesh, India |
| RJSP Logistics Private Limited | ₹10.84 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Gurugram, Haryana, India |
| Vinayak Video Vision Private Limited | ₹10.8 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Gca Transport Private Limited | ₹10.78 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Ajmer, Rajasthan, India |
| Varsha Cranes Private Limited this company | ₹10.74 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Navi Mumbai, Maharashtra, India |
| Heben Chartered Resources Private Limited | ₹10.59 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Sai Dham Industrial Services Private Limited | ₹10.55 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Bhiwadi, Rajasthan, India |
| Shreeji Shippers Private Limited | ₹10.53 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Jamnagar, Gujarat, India |
| Ctrlp Solutions Private Limited | ₹10.45 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Dalaniya Buildcon Private Limited | ₹10.42 Cr (FY 2025) | •••• | •••• | 472.0% | •••• | Garposh, Odisha, India |
Peers are the five companies nearest above and the five nearest below Varsha Cranes by revenue in the BFSI industry (Machinery and Equipment Leasing), 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 Varsha Cranes Private Limited
Varsha Cranes Private Limited is audited by R A RATHI and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R A RATHI and Associates | 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 Varsha Cranes Private Limited
Varsha Cranes has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Dharod | Director | 17 Dec 2012 | 13 Years 9 Months | Current |
| Khushal Premji Dharod | Director | 17 Dec 2012 | 13 Years 9 Months | Current |
Ownership and Shareholding of Varsha Cranes 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 Varsha Cranes Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2025 | Others | ₹75 Lakh | Open |
| 30 Dec 2024 | Others | ₹1.43 Cr | Open |
| 29 Mar 2024 | Others | ₹2.97 Cr | Open |
| 05 Jan 2024 | Tata Capital Financial Services Limited | ₹1.49 Cr | Open |
| 20 Sep 2023 | Tata Capital Financial Services Limited | ₹2.18 Cr | Open |
Total charge records: 24 View all charges
Legal Cases of Varsha Cranes Private Limited
Varsha Cranes Private Limited has 7 court cases on record: 4 filed by Varsha Cranes, 3 filed against it. 1 case is pending and 6 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Lakshya Technocon Private Limited | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Yasho Enterprises | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Yasho Enterprises | Disposed |
| District court, Raigad, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Aron India Ors. 3 | Disposed |
Full case history
All 7 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 Varsha Cranes Private Limited
Varsha Cranes operates one associated brand: Varsha Cranes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of crane rental services in India. | varshacranes.com |
Employees and EPFO Compliance at Varsha Cranes Private Limited
Varsha Cranes Private Limited has a workforce of 7 employees as of Mar 29, 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.
Recent Activity on Varsha Cranes Private Limited
Varsha Cranes Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Darshan Khushal Dharod ceased to be Additional Director on 30 Sep 2019.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varsha Cranes 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 Varsha Cranes 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 Varsha Cranes 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 Varsha Cranes Private Limited
Varsha Cranes has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV3244L1Z2 | Maharashtra | 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 Varsha Cranes 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 Varsha Cranes Private Limited
Varsha Cranes is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 17 December 2012 (14+ years old) and is registered under CIN U71210MH2012PTC238879.
Varsha Cranes reported revenue of ₹10.74 Cr for FY 2024 (up 36% YoY).
Varsha Cranes has 2 current directors:
- Varsha Dharod - Director
- Khushal Premji Dharod - Director
Varsha Cranes reported a net profit of ₹55.12 Lakh (net margin 5.1%) and EBITDA of ₹4.47 Cr (EBITDA margin 41.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varsha Cranes is 29% over three years and 31% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varsha Cranes is 27AAECV3244L1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Varsha Cranes is U71210MH2012PTC238879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varsha Cranes has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending.
Varsha Cranes was incorporated on 17 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varsha Cranes by revenue are Nirmitee Technologies Private Limited, Equilease Private Limited, RJSP Logistics Private Limited, Vinayak Video Vision Private Limited, Gca Transport Private Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).
Darshan Khushal Dharod ceased to be Additional Director on 30 Sep 2019. Khushal Premji Dharod was appointed as Director on 17 Dec 2012. Varsha Dharod was appointed as Director on 17 Dec 2012.