MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-TS-02-0012530
Varsity Instruments Private Limited - aerospace, maritime and defense in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.61 Cr
▼ 72% YoY
Net loss · FY 2025
₹4.1 Cr
Net margin -88.9%
EBITDA · FY 2025
-₹2.67 Cr
EBITDA margin -57.9%
Authorised capital
₹32.5 Cr
Registered with MCA
Paid-up capital
₹31.44 Cr
Issued & subscribed
Open charges
₹12 Lakh
Satisfied ₹37.48 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
24
Provident fund records
About Varsity Instruments Private Limited
Data last updated:
Varsity Instruments Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 13 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29300TG1993PTC015989. Its GSTIN is 36AAACV6835F1Z9 (Telangana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹32.5 Cr and a paid-up capital of ₹31.44 Cr. It was formerly known as Varsity Instruments Company Pvt. Ltd. It is led by directors Niranjan Kandukuri (Managing Director) and Sudha Rani Kandukuri (Whole-Time Director).
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 29B Tsiic Hardware Park Kongaraviryla Post, Hyderabad, Telangana, India – 501510.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.61 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹4.1 Cr (net margin -88.9%) and EBITDA of -₹2.67 Cr (EBITDA margin -57.9%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 30% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varsity Instruments. As per MCA filings, the company has open charges of ₹12 Lakh and satisfied charges of ₹37.48 Cr on record. Court records list 15 cases involving the company, including 1 filed by the company and 14 filed against it; 5 cases are pending.
Varsity Instruments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0012530). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varsityinstruments.com.
Company Details of Varsity Instruments Private Limited
CIN U29300TG1993PTC015989
Registration Number 015989
Incorporation Date 13 July 1993
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0012530
CIN History of Varsity Instruments Private Limited
Varsity Instruments has one previous CIN (Corporate Identification Number): U29300AP1993PTC015989. The current CIN is U29300TG1993PTC015989, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29300TG1993PTC015989 | Current |
| U29300AP1993PTC015989 | Previous |
Recognitions & Rankings of Varsity Instruments
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 29B Tsiic Hardware Park Kongaraviryla Post, Hyderabad, Telangana, India – 501510
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
Comprehensive company report
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Associated Brands with Varsity Instruments Private Limited
Varsity Instruments operates one associated brand: Varsity Instruments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and distributor of test and measurement equipment, offering a range of products and services to the defense and aerospace sectors | varsityinstruments.com |
Business Activity of Varsity Instruments Private Limited
The main business activity of Varsity Instruments is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Varsity Instruments Private Limited FY 2025 filings available
Varsity Instruments Private Limited reported revenue of ₹4.61 Cr (down 72% YoY) for FY 2025.
Revenue · FY 2025
₹4.61 Cr ▼ 72%
Net loss · FY 2025
₹4.1 Cr margin -88.9%
EBITDA · FY 2025
-₹2.67 Cr margin -57.9%
Compounded Annual Growth Rate (CAGR) of Varsity Instruments Private Limited
Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 32%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 162%
3 years · compounded
▼ 38%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 72% fall in the latest year. EBITDA fell 162% 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 Varsity Instruments 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 | -₹2.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.1 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 Varsity Instruments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -57.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -88.9% | •••• | •••• | •••• | •••• |
| 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 Varsity Instruments are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Varsity Instruments Private Limited
Varsity Instruments has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Rani Kandukuri Also directs: Varsity Aerospace Private Limited | Whole-Time Director | 01 Oct 1998 | 28 Years 0 Months | Current |
| Niranjan Kandukuri Also directs: Varsity Aerospace Private Limited | Managing Director | 15 Sep 1997 | 29 Years 1 Months | Current |
Peer Comparison of Varsity Instruments Private Limited
Varsity Instruments Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires, Defence Products and Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Global Wire & Allied Industries Private Limited | ₹4.7 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Kolkata, West Bengal, India |
| Digantara Industries Private Limited | ₹4.69 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Bangalore, Karnataka, India |
| Kumar Metals Pvt Ltd | ₹4.67 Cr (FY 2021) | •••• | •••• | -33.0% | •••• | Kolkata, West Bengal, India |
| Newlight Art Works Private Limited | ₹4.66 Cr (FY 2024) | •••• | •••• | 760.0% | •••• | Jodhpur, Rajasthan, India |
| Autopal Manufacturing Private Limited | ₹4.64 Cr (FY 2019) | •••• | •••• | 18.0% | •••• | Jaipur, Rajasthan, India |
| Varsity Instruments Private Limited this company | ₹4.61 Cr (FY 2025) | •••• | •••• | -72.0% | •••• | Hyderabad, Telangana, India |
| Mahalaxmi Wires Private Limited | ₹4.61 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Jodhpur, Rajasthan, India |
| Actonics India Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Maan Defence Private Limited | ₹4.58 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Vadodara, Gujarat, India |
| PDR Videotronics (India) Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Usha Magwires India Private Limited | ₹4.57 Cr (FY 2023) | •••• | •••• | -12.0% | •••• | Pashamylaram, Telangana, India |
Peers are the five companies nearest above and the five nearest below Varsity Instruments by revenue in the Manufacturing industry (Cables and Wires, Defence Products and Technology), 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 Varsity Instruments Private Limited
Varsity Instruments Private Limited is audited by ANANT RAO AND MALLIK for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANANT RAO AND MALLIK | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Varsity Instruments Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Varsity Instruments Private Limited
Open charges
₹12 Lakh
Satisfied charges
₹37.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2016 | State Bank of India | ₹12 Lakh | Open |
| 19 Aug 2020 | Hdfc Bank Limited | ₹1.98 Cr | Satisfied |
| 14 Mar 2017 | Hdfc Bank Limited | ₹29.5 Cr | Satisfied |
| 05 Nov 2009 | Andhra Bank | ₹5.9 Cr | Satisfied |
| 15 Feb 1996 | Uti Bank Ltd. | ₹10 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Varsity Instruments Private Limited
Varsity Instruments Private Limited has 15 court cases on record: 1 filed by Varsity Instruments, 14 filed against it. 5 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
15
Filed by the company
1
Filed against the company
14
Pending
5
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 5 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Amphenol Interconnect India Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by RBL Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by RBL Bank Limited | Disposed |
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Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Varsity Instruments Private Limited
Varsity Instruments Private Limited has a workforce of 24 employees as of Mar 23, 2024.
Employee count
24
Active EPFO establishments
1
Employee growth
-14.29%
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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 Varsity Instruments Private Limited
Varsity Instruments Private Limited has 5 board changes on record since 1997: 2 appointments and 3 cessations. The latest: Niranjan Kandukuri ceased to be Director on 29 Sep 2011.
AGM
Varsity Instruments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varsity Instruments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge registered on 19 Aug 2020 via Charge ID 100365644 with Hdfc Bank Limited was fully satisfied on 03 Jul 2024.
Charges
A charge registered on 14 Mar 2017 via Charge ID 100096322 with Hdfc Bank Limited was fully satisfied on 03 Jul 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1.98 Cr registered on 19 Aug 2020 with Charge ID 100365644 was modified on 29 Oct 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 29.50 Cr registered on 14 Mar 2017 with Charge ID 100096322 was modified on 29 Oct 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.98 Cr with Charge ID 100365644 was registered on 19 Aug 2020.
Charges
A charge with State Bank Of India of Rs. 0.12 Cr registered on 01 Mar 2016 with Charge ID 100031310 was modified on 28 Nov 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 29.50 Cr with Charge ID 100096322 was registered on 14 Mar 2017.
Charges
A charge registered on 05 Nov 2009 via Charge ID 10190435 with Andhra Bank was fully satisfied on 03 May 2016.
Charges
A charge with State Bank Of India amounted to Rs. 0.12 Cr with Charge ID 100031310 was registered on 01 Mar 2016.
Charges
A charge with Andhra Bank of Rs. 5.90 Cr registered on 05 Nov 2009 with Charge ID 10190435 was modified on 13 Dec 2011.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varsity Instruments Private Limited
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MSME Payment Delays by Varsity Instruments Private Limited
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Subsidiaries & Group Companies of Varsity Instruments Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Varsity Instruments Private Limited
Varsity Instruments has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACV6835F1Z9 | Telangana | Active | 01 Jul 2017 |
| 36AAGCV2618G1ZC | Telangana | Active | 18 Jan 2021 |
| 27AAACV6835F1Z8 | Maharashtra | Active | 05 Dec 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Varsity Instruments Private Limited
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Frequently Asked Questions about Varsity Instruments Private Limited
Varsity Instruments is an active private limited company based in Hyderabad, Telangana, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 13 July 1993 (33+ years old) and is registered under CIN U29300TG1993PTC015989.
Varsity Instruments reported revenue of ₹4.61 Cr for FY 2025 (down 72% YoY).
Varsity Instruments has 2 current directors:
- Niranjan Kandukuri - Managing Director
- Sudha Rani Kandukuri - Whole-Time Director
Varsity Instruments reported a net loss of ₹4.1 Cr (net margin -88.9%) and EBITDA of -₹2.67 Cr (EBITDA margin -57.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varsity Instruments is -32% over three years and -30% over five years. In the latest year (FY 2025) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varsity Instruments is 36AAACV6835F1Z9, registered in Telangana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36AAGCV2618G1ZC (Telangana), 27AAACV6835F1Z8 (Maharashtra).
The CIN (Corporate Identification Number) of Varsity Instruments is U29300TG1993PTC015989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varsity Instruments has 15 court cases on record: 1 filed by the company and 14 filed against it. 5 are pending. Most are in the district courts.
Varsity Instruments was incorporated on 13 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Varsity Instruments by revenue are Global Wire & Allied Industries Private Limited, Digantara Industries Private Limited, Kumar Metals Pvt Ltd, Newlight Art Works Private Limited, Autopal Manufacturing Private Limited and 5 more, all in the Manufacturing industry (Cables and Wires, Defence Products and Technology).
Niranjan Kandukuri ceased to be Director on 29 Sep 2011. Sudha Rani Kandukuri ceased to be Director on 29 Sep 2011. Kandukuri Prabhavati ceased to be Director on 26 Feb 2009. Varsity Instruments has 5 board changes on record in total.