Varun Fertilizers Private Limited

Varun Fertilizers Private Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U02412MP2005PTC017660 Incorporated 31 May 2005 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company agriculture
Data last updated
Revenue · FY 2024
₹37.21 Cr
▲ 1% YoY
Net profit · FY 2024
₹41.59 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹1.99 Cr
EBITDA margin 5.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.33 Cr
Issued & subscribed
Open charges
₹15.44 Cr
Satisfied ₹54.7 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
5
Provident fund records

About Varun Fertilizers Private Limited

Data last updated:

Varun Fertilizers Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 31 May 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U02412MP2005PTC017660. Its GSTIN is 23AACCV1759N1Z0 (Madhya Pradesh). The company holds 6 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.33 Cr. It is led by directors Abhishek Tiwari and Ashish Tiwari.

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 203B Indore Trade Centre 3/2 South Tukoganj, Madhya Pradesh, India – 452001.

As per the financials filed for FY 2024, the company reported a revenue of ₹37.21 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹41.59 Lakh (net margin 1.1%) and EBITDA of ₹1.99 Cr (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 1% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹15.44 Cr and satisfied charges of ₹54.7 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U02412MP2005PTC017660
Registration Number 017660
Incorporation Date 31 May 2005
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Varun Fertilizers Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    203B Indore Trade Centre 3/2 South Tukoganj, Madhya Pradesh, India – 452001
  • Industry
    Agriculture, Fertilizers & Soil Enhancers

To see the full contact details of Varun Fertilizers Private Limited, buy the company report.

Comprehensive company report
Varun Fertilizers 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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Business activity

The main business activity of Varun Fertilizers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Varun Fertilizers Private Limited, buy the company report.

Financials of Varun Fertilizers Private Limited

FY 2024 filings available

Varun Fertilizers Private Limited reported revenue of ₹37.21 Cr (up 1% YoY) for FY 2024.

Revenue · FY 2024
₹37.21 Cr ▲ 1%
Net profit · FY 2024
₹41.59 Lakh margin 1.1%
EBITDA · FY 2024
₹1.99 Cr margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 23%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 5%
5 years · compounded
▼ 3%

Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 40% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.99 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹41.59 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.3%
Net Profit Margin1.1%
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

To see the full financial statements and ratios of Varun Fertilizers Private Limited, buy the company report.

Board of directors of Varun Fertilizers Private Limited

Varun Fertilizers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Peer comparison

Varun Fertilizers Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sai Ram Agritech Private Limited₹37.75 Cr (FY 2024)32.0%Rampura Phul, Punjab, India
Exceed Crop Science Private Limited₹37.68 Cr (FY 2025)3.0%Hubli, Karnataka, India
PL Agro Technologies Private Limited₹37.44 Cr (FY 2022)24.0%Tamil Nadu, India
Varun Fertilizers Private Limitedthis company₹37.21 Cr (FY 2024)₹41.59 Lakh1.1%1.0%5Indore, Madhya Pradesh, India
Tyrone Agro Chemicals Private Limited₹36.9 Cr (FY 2025)43.0%Anandpar Navagam, Gujarat, India
CNG Agrocare Private Limited₹36.05 Cr (FY 2025)2.0%Kolkata, West Bengal, India

To see the full peer comparison of Varun Fertilizers Private Limited, buy the company report.

Auditor

Varun Fertilizers Private Limited is audited by DALJEET BHATIA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DALJEET BHATIA & ASSOCIATESFY 2023010231C

Shareholding

The shareholding of Varun Fertilizers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Varun Fertilizers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.44 Cr
Satisfied charges
₹54.7 Cr
Breakdown by lending institutions
Indian Bank₹15.09 Cr
Indian Overseas Bank₹0.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Oct 2025101188854Indian Overseas Bank₹35 LakhOpen
30 Jul 2025101141290Indian Bank₹15.09 CrOpen
10 Jul 2023100763410Others₹16.7 CrSatisfied
08 Jul 2021100459768Axis Bank Limited₹11.97 CrSatisfied
19 Sep 2016100055378Axis Bank Limited₹9.56 CrSatisfied

To see the full charge records of Varun Fertilizers Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varun Fertilizers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Varun Fertilizers Private Limited has a workforce of 5 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1

GST

Varun Fertilizers has 6 GST registrations: 3 active and 3 cancelled or inactive.

Total GSTINs
6
Active
3
Cancelled / inactive
3
GSTINStateStatusRegistered on
23AACCV1759N1Z0Madhya PradeshActive01 Jul 2017
09AACCV1759N1ZQUttar PradeshActive01 Jul 2017
05AACCV1759N1ZYUttarakhandActive20 Aug 2020

To see the full GST registrations and return filing status of Varun Fertilizers Private Limited, buy the company report.

Recent activity

Varun Fertilizers Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Hari Charan ceased to be Director on 09 Aug 2018.

Charges
A charge with Indian Overseas Bank amounted to Rs. 0.35 Cr with Charge ID 101188854 was registered on 08 Oct 2025.
Charges
A charge registered on 10 Jul 2023 via Charge ID 100763410 with Others was fully satisfied on 01 Sep 2025.
Charges
A charge with Indian Bank amounted to Rs. 15.09 Cr with Charge ID 101141290 was registered on 30 Jul 2025.
AGM
Varun Fertilizers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varun Fertilizers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Others of Rs. 16.70 Cr registered on 10 Jul 2023 with Charge ID 100763410 was modified on 21 Mar 2024.
Charges
A charge registered on 08 Jul 2021 via Charge ID 100459768 with Axis Bank Limited was fully satisfied on 07 Mar 2024.
Charges
A charge with Others amounted to Rs. 16.70 Cr with Charge ID 100763410 was registered on 10 Jul 2023.
Charges
A charge with Axis Bank Limited of Rs. 11.97 Cr registered on 08 Jul 2021 with Charge ID 100459768 was modified on 20 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 11.97 Cr with Charge ID 100459768 was registered on 08 Jul 2021.
Charges
A charge registered on 19 Sep 2016 via Charge ID 100055378 with Axis Bank Limited was fully satisfied on 06 Apr 2021.
Charges
A charge registered on 22 Mar 2014 via Charge ID 10488800 with Bank Of Baroda was fully satisfied on 13 Jan 2021.

20 earlier events are in the company report.

Frequently asked questions

Varun Fertilizers is an active private limited company based in Indore, Madhya Pradesh, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 31 May 2005 (21+ years old) and is registered under CIN U02412MP2005PTC017660.

Varun Fertilizers has 2 current directors:

The latest financial statements of Varun Fertilizers 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 2015 are in the company report.

The GSTIN of Varun Fertilizers is 23AACCV1759N1Z0, registered in Madhya Pradesh. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 09AACCV1759N1ZQ (Uttar Pradesh), 05AACCV1759N1ZY (Uttarakhand).

The CIN (Corporate Identification Number) of Varun Fertilizers is U02412MP2005PTC017660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varun Fertilizers has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Varun Fertilizers was incorporated on 31 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.

The peers of Varun Fertilizers by revenue are Sai Ram Agritech Private Limited, Exceed Crop Science Private Limited, PL Agro Technologies Private Limited, Tyrone Agro Chemicals Private Limited, CNG Agrocare Private Limited, all in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Hari Charan ceased to be Director on 09 Aug 2018. Shekhar Babu ceased to be Director on 09 Aug 2018. Pramod Dubey ceased to be Director on 18 Nov 2011. Varun Fertilizers has 10 board changes on record in total.

The registered office of Varun Fertilizers is at 203B Indore Trade Centre 32 South Tukoganj, Madhya Pradesh, India – 452001.

Varun Fertilizers operates in the agriculture industry, in the fertilizers and soil enhancers segment.