Varshini Polymers Private Limited
About Varshini Polymers Private Limited
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Varshini Polymers Private Limited is a private limited company based in Kurnool, Andhra Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 27 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U25200AP2013PTC091319. Its GSTIN is 37AAECV7034J1Z1 (Andhra Pradesh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Leeladhar Jai (Managing Director) and Vanaja Jaayee.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Kurnool, Andhra Pradesh.
As per the financials filed for FY 2021, the company reported a revenue of ₹64.22 Lakh, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹6.26 Lakh (net margin -9.7%) and EBITDA of ₹10.02 Lakh (EBITDA margin 15.6%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹1.02 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address51/15 – A – 2 A P S P Camp Bellary Road Shed No: 11, & 12, Kurnool, Andhra Pradesh, India – 518003
- IndustryMachinery and Equipment, Industrial Machinery 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 Varshini Polymers Private Limited
The main business activity of Varshini Polymers 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 Varshini Polymers Private Limited FY 2021 filings available
Varshini Polymers Private Limited reported revenue of ₹64.22 Lakh (up 40% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Varshini Polymers Private Limited
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 210% 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 Varshini Polymers Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹10.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.26 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 Varshini Polymers Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.7% | •••• | •••• | •••• | •••• |
| 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 Varshini Polymers 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 Varshini Polymers Private Limited
Varshini Polymers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Polymers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mariana Trench Lub Private Limited | •••• | •••• | •••• | •••• | - | Puri, Orissa, India |
| Sustaintech India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Muni Electromech Devices Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Sp3trading India Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Premier Abrasives Private Limited | •••• | •••• | •••• | •••• | - | Amritsar -I, Punjab, India |
| Varshini Polymers Private Limited this company | •••• | •••• | •••• | •••• | - | Kurnool, Andhra Pradesh, India |
| Adarsh Polymers Private Limited | •••• | •••• | •••• | •••• | - | Morena, Madhya Pradesh, India |
| Spring Biochem Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Avadhut Steel Private Limited | •••• | •••• | •••• | •••• | - | Halol, Gujarat, India |
| Se India Private Limited | •••• | •••• | •••• | •••• | - | Trichy, Tamil Nadu, India |
| Apexway Engineering Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Varshini Polymers by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Polymers), 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 Varshini Polymers Private Limited
Auditor information for Varshini Polymers 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 Varshini Polymers Private Limited
Varshini Polymers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vanaja Jaayee | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
| Leeladhar Jai | Managing Director | 27 Nov 2013 | 12 Years 10 Months | Current |
| Jai Siva Kumar Also directs: Bizbrainz Technologies Private Limited | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
Ownership and Shareholding of Varshini Polymers 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 Varshini Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2016 | Others | ₹17 Lakh | Open |
| 28 Mar 2014 | The Karur Vysya Bank Limited | ₹85 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Varshini Polymers Private Limited
Varshini Polymers Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Limited | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Varshini Polymers Private Limited
Employment history and EPFO contributions of people linked to Varshini Polymers.
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 Varshini Polymers Private Limited
Varshini Polymers Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Jai Siva Kumar was appointed as Director on 28 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for Varshini Polymers 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 Varshini Polymers 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 Varshini Polymers 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 Varshini Polymers Private Limited
Varshini Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECV7034J1Z1 | Andhra Pradesh | Active | 22 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 Varshini Polymers 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 Varshini Polymers Private Limited
Varshini Polymers is an active private limited company based in Kurnool, Andhra Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 27 November 2013 (13+ years old) and is registered under CIN U25200AP2013PTC091319.
Varshini Polymers reported revenue of ₹64.22 Lakh for FY 2021 (up 40% YoY).
Varshini Polymers has 3 current directors:
- Leeladhar Jai - Managing Director
- Vanaja Jaayee - Director
- Jai Siva Kumar - Director
Varshini Polymers reported a net loss of ₹6.26 Lakh (net margin -9.7%) and EBITDA of ₹10.02 Lakh (EBITDA margin 15.6%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varshini Polymers is -32% over three years and -17% over five years. In the latest year (FY 2021) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varshini Polymers is 37AAECV7034J1Z1, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Varshini Polymers is U25200AP2013PTC091319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varshini Polymers has 1 court case on record: 1 filed against it.
Varshini Polymers was incorporated on 27 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Varshini Polymers by revenue are Mariana Trench Lub Private Limited, Sustaintech India Private Limited, Muni Electromech Devices Private Limited, Sp3trading India Private Limited, Premier Abrasives Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Polymers).
Jai Siva Kumar was appointed as Director on 28 Feb 2018. Leeladhar Jai ceased to be Director on 28 Feb 2018. Srinivas Reddy Yarikalreddy ceased to be Managing Director on 28 Feb 2018. Varshini Polymers has 5 board changes on record in total.