About Varun Hitech Engineering Services Private Limited
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Varun Hitech Engineering Services Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74993AP2020PTC116406. Its GSTIN is 37AAHCV7309P1ZK (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Singh Seema and Nand Lal Singh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 23 Lakshami Nivasam Birla Junction Maripalem, Visakhapatnam, Andhra Pradesh, India – 530007.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.3 Lakh (net margin 3.6%) and EBITDA of ₹18.17 Lakh (EBITDA margin 7.1%).
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varun Hitech Engg Services Pvt Ltd. As per MCA filings, the company has open charges of ₹9.15 Lakh on record.
For more details, the company can be reached via its website varunhitech.co.in.
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- Registered AddressB – 23 Lakshami Nivasam Birla Junction Maripalem, Visakhapatnam, Andhra Pradesh, India – 530007
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Financials of Varun Hitech Engineering Services Private Limited FY 2022 filings available
Varun Hitech Engineering Services Private Limited reported revenue of ₹2.55 Cr (up 1903% YoY) for FY 2022.
Financial Statement Summary of Varun Hitech Engineering Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹2.55 Cr | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹18.17 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹9.3 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 Varun Hitech Engineering Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.1% | •••• |
| Net Profit Margin | 3.6% | •••• |
| 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 | •••• | •••• |
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 Varun Hitech Engineering Services are in the company report.
Financial statements from FY 2021
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.
Board of Directors of Varun Hitech Engineering Services Private Limited
Varun Hitech Engineering Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Singh Seema | Director | 11 Nov 2020 | 5 Years 10 Months | Current |
| Nand Lal Singh | Director | 11 Nov 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Varun Hitech Engineering Services 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 Varun Hitech Engineering Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2024 | Others | ₹9.15 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Varun Hitech Engineering Services Private Limited
Varun Hitech Engineering Services operates one associated brand: Varun Hitech Engg Services Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial, marine, and defence engineering services with over 20 years of experience. | varunhitech.co.in |
Employees and EPFO Compliance at Varun Hitech Engineering Services Private Limited
Varun Hitech Engineering Services Private Limited has a workforce of 38 employees as of Mar 24, 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
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Recent Activity on Varun Hitech Engineering Services Private Limited
Varun Hitech Engineering Services Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Nand Lal Singh was appointed as Director on 11 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for Varun Hitech Engineering Services 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 Varun Hitech Engineering Services 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 Varun Hitech Engineering Services 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
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GST Compliance of Varun Hitech Engineering Services Private Limited
Varun Hitech Engineering Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCV7309P1ZK | Andhra Pradesh | Active | 21 Nov 2020 |
| 09AAHCV7309P1ZJ | Uttar Pradesh | Active | 05 Mar 2022 |
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 Varun Hitech Engineering Services 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 Varun Hitech Engineering Services Private Limited
Varun Hitech Engineering Services is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 November 2020 (6+ years old) and is registered under CIN U74993AP2020PTC116406.
Varun Hitech Engineering Services reported revenue of ₹2.55 Cr for FY 2022 (up 1903% YoY).
Varun Hitech Engineering Services has 2 current directors:
- Singh Seema - Director
- Nand Lal Singh - Director
Varun Hitech Engineering Services reported a net profit of ₹9.3 Lakh (net margin 3.6%) and EBITDA of ₹18.17 Lakh (EBITDA margin 7.1%) for FY 2022, as per its filed financial statements.
The GSTIN of Varun Hitech Engineering Services is 37AAHCV7309P1ZK, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAHCV7309P1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Varun Hitech Engineering Services is U74993AP2020PTC116406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Hitech Engineering Services was incorporated on 11 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Vijayawada.
Nand Lal Singh was appointed as Director on 11 Nov 2020. Singh Seema was appointed as Director on 11 Nov 2020.
Yes, Varun Hitech Engineering Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Varun Hitech Engineering Services can be reached through the website varunhitech.co.in. Its registered office is in Visakhapatnam, Andhra Pradesh, India.