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Varsya Eco Solutions Private Limited - e-commerce in Kazhakottom, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.25 Lakh
▲ 25% YoY
Net loss · FY 2024
₹30.08 Lakh
Net margin -114.6%
EBITDA · FY 2024
-₹25.36 Lakh
EBITDA margin -96.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹85 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Varsya Eco Solutions Private Limited
Data last updated:
Varsya Eco Solutions Private Limited is a private limited company based in Kazhakottom, Kerala, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51909KL2020PTC062582. Its GSTIN is 32AAHCV4352J1Z9 (Kerala). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anu Asok and Nitheesh Sundaresan.
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 Laham Complex T.C. 1/3215/1 Vetturaod Junction Next To Al Uthman School, Kazhakottom, Kerala, India – 695582.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.25 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹30.08 Lakh (net margin -114.6%) and EBITDA of -₹25.36 Lakh (EBITDA margin -96.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The company is associated with 1 brand: Varsya. As per MCA filings, the company has open charges of ₹85 Lakh on record.
Varsya Eco Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0000220). For more details, the company can be reached via its website varsya.com.
Company details
CIN U51909KL2020PTC062582
Registration Number 062582
Incorporation Date 27 June 2020
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-12-0000220
Key People
Anu Asok Director Nitheesh Sundaresan Director Recognitions & Rankings of Varsya Eco Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KL-12-0000220
Contact details
Varsya Eco Solutions Private Limited's registered office is in Kazhakottom, Kerala. Its website is varsya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLaham Complex T.C. 1/3215/1 Vetturaod Junction Next To Al Uthman School, Kazhakottom, Kerala, India – 695582
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Varsya Eco Solutions Private Limited, buy the company report.
Comprehensive company report
Varsya Eco Solutions 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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Brands
Varsya Eco Solutions operates one associated brand: VARSYA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides eco-friendly packaging alternatives to plastics and styrofoam for various industries. | varsya.com |
Business activity
The main business activity of Varsya Eco Solutions is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Varsya Eco Solutions Private Limited, buy the company report.
Financials of Varsya Eco Solutions Private Limited
FY 2024 filings availableVarsya Eco Solutions Private Limited reported revenue of ₹26.25 Lakh (up 25% YoY) for FY 2024.
Revenue · FY 2024
₹26.25 Lakh ▲ 25%
Net loss · FY 2024
₹30.08 Lakh margin -114.6%
EBITDA · FY 2024
-₹25.36 Lakh margin -96.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 84%
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 25% growth in the latest year. EBITDA rose 3% 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
| Metrics | 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 | -₹25.36 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹30.08 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -96.6% | |||
| Net Profit Margin | -114.6% | |||
| 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 Varsya Eco Solutions Private Limited, buy the company report.
Board of directors of Varsya Eco Solutions Private Limited
Varsya Eco Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anu Asok | Director | 27 Jun 2020 | 6 Years 4 Months | Current |
| Nitheesh Sundaresan | Director | 27 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Varsya Eco Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aravali Cylinders Private Limited | ₹26.31 Lakh (FY 2019) | -98.0% | Delhi, India | |||
| Solos Fine Silver Private Limited | ₹26.3 Lakh (FY 2025) | -21.0% | Jaipur, Rajasthan, India | |||
| Anghu Pharma Private Limited | ₹26.28 Lakh (FY 2021) | -59.0% | Dindigul, Tamil Nadu, India | |||
| Puraroma Laboratories Private Limited | ₹26.27 Lakh (FY 2025) | 123015.0% | Gurgaon, Haryana, India | |||
| Infusil Glastech Machines Private Limited | ₹26.26 Lakh (FY 2024) | 148.0% | Bangalore, Karnataka, India | |||
| Varsya Eco Solutions Private Limitedthis company | ₹26.25 Lakh (FY 2024) | -₹30.08 Lakh | -114.6% | 25.0% | Kazhakottom, Kerala, India | |
| Stoffa India Private Limited | ₹26.25 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Jukki Elevators Private Limited | ₹26.23 Lakh (FY 2025) | -74.0% | Hyderabad, Telangana, India | |||
| Devaayam Wellness Private Limited | ₹26.23 Lakh (FY 2025) | -8.0% | Gurgaon, Haryana, India | |||
| Shri Awnings India Private Limited | ₹26.22 Lakh (FY 2024) | -53.0% | New Delhi, Delhi, India | |||
| Plebc Innovations Private Limited | ₹26.22 Lakh (FY 2024) | 1183.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Varsya Eco Solutions Private Limited, buy the company report.
Auditor
Varsya Eco Solutions Private Limited is audited by N S SARMA ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S SARMA ASSOCIATES | FY 2023 | 008018S |
Shareholding
The shareholding of Varsya Eco Solutions Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varsya Eco Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹85 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2023 | 100737061 | Others | ₹50 Lakh | Open | |
| 31 Jan 2023 | 100678962 | Others | ₹35 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Varsya Eco Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varsya Eco Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varsya Eco Solutions has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCV4352J1Z9 | Kerala | Active | 01 Aug 2020 |
| 29AAHCV4352J1ZW | Karnataka | Active | 23 Apr 2021 |
| 09AAHCV4352J1ZY | Uttar Pradesh | Active | 16 Jun 2021 |
| 27AAHCV4352J1Z0 | Maharashtra | Active | 03 Oct 2021 |
To see the full GST registrations and return filing status of Varsya Eco Solutions Private Limited, buy the company report.
Recent activity
Varsya Eco Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Anu Asok was appointed as Director on 27 Jun 2020.
AGM
Varsya Eco Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varsya Eco Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100737061 was registered on 04 Jul 2023.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100678962 was registered on 31 Jan 2023.
Appointed
Anu Asok was appointed as Director.
Appointed
Nitheesh Sundaresan was appointed as Director.
Incorporation
27 Jun 2020
Varsya Eco Solutions Private Limited was registered on 27 Jun 2020 with Roc Ernakulam & aged 6 years 4 months as per MCA records.
Frequently asked questions
Varsya Eco Solutions is an active private limited company based in Kazhakottom, Kerala, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 June 2020 (6+ years old) and is registered under CIN U51909KL2020PTC062582.
Varsya Eco Solutions has 2 current directors:
- Anu Asok - Director
- Nitheesh Sundaresan - Director
The latest financial statements of Varsya Eco Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Varsya Eco Solutions is 32AAHCV4352J1Z9, registered in Kerala. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAHCV4352J1ZW (Karnataka), 09AAHCV4352J1ZY (Uttar Pradesh), 27AAHCV4352J1Z0 (Maharashtra).
The CIN (Corporate Identification Number) of Varsya Eco Solutions is U51909KL2020PTC062582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varsya Eco Solutions was incorporated on 27 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Varsya Eco Solutions by revenue are Aravali Cylinders Private Limited, Solos Fine Silver Private Limited, Anghu Pharma Private Limited, Puraroma Laboratories Private Limited, Infusil Glastech Machines Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Anu Asok was appointed as Director on 27 Jun 2020. Nitheesh Sundaresan was appointed as Director on 27 Jun 2020.
Yes, Varsya Eco Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Varsya Eco Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-12-0000220).
Varsya Eco Solutions can be reached through the website varsya.com. Its registered office is in Kazhakottom, Kerala, India.
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