About Varun Vehicles Private Limited
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Varun Vehicles Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 26 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U35999TG2001PTC038274.
The company has an authorised share capital of ₹46 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prabhu Kishore Vallurupalli and Vallurupalli Lakshmi.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 1 – 10 – 177 Varun Towers Begumpet Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.06 Lakh (net margin 70.9%) and EBITDA of -₹9,500 (EBITDA margin -2.2%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹88 Cr and satisfied charges of ₹88 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varungroup.com.
Company details
CIN history
Varun Vehicles has one previous CIN (Corporate Identification Number): U35999AP2001PTC038274. The current CIN is U35999TG2001PTC038274, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35999TG2001PTC038274 | Current |
| U35999AP2001PTC038274 | Previous |
Contact details
Varun Vehicles Private Limited's registered office is in Hyderabad, Telangana. Its website is varungroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address1 – 10 – 177 Varun Towers Begumpet Hyderabad, Telangana, India – 500016
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Varun Vehicles Private Limited, buy the company report.
- 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
Financials of Varun Vehicles Private Limited
FY 2023 filings availableVarun Vehicles Private Limited reported revenue of ₹4.32 Lakh (up 500% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 500% growth 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 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 | ₹4.32 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9,500 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.06 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.2% | ||||
| Net Profit Margin | 70.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Varun Vehicles Private Limited, buy the company report.
Board of directors of Varun Vehicles Private Limited
Varun Vehicles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhu Kishore Vallurupalli Also directs: Varun Properties LLP, Varun Leisure LLP, Corporate Cars and Carriers Private Limited and 5 more | Director | 26 Dec 2001 | 24 Years 10 Months | Current |
| Vallurupalli Lakshmi Also directs: Corporate Cars and Carriers Private Limited, Varun Constructions Private Limited, Varsha Builders Private Limited and 5 more | Director | 26 Dec 2001 | 24 Years 10 Months | Current |
| Narasimha Durga Harinadha Ranga Raju Penmetsa Also directs: Varun Auto Sales Private Limited, Varun Carriers Private Limited, Varsha Promoters Private Limited and 2 more | Director | 28 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Varun Vehicles Private Limited is audited by G RAMA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G RAMA & CO | FY 2021 | 011699S |
Shareholding
The shareholding of Varun Vehicles Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varun Vehicles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2013 | 10447030 | Hdfc Bank Limited | ₹56.25 Cr | Satisfied | |
| 31 May 2005 | 90125196 | Hdfc Bank Limited | ₹31.75 Cr | Satisfied |
To see the full charge records of Varun Vehicles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Varun Vehicles Private Limited has 3 court cases on record: 1 filed by Varun Vehicles, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Revision petition | Filed against the company by The District Registrar and Collector Under Section 47-A | Disposed |
| High Court | Revision petition | Filed against the company by The District Registrar and Collector Under Section 47-A | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against The Disrict Registrar-Cum-Collector | Disposed |
To see the full case history of Varun Vehicles Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varun Vehicles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varun Vehicles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varun Vehicles Private Limited has 3 board changes on record since 2001: 3 appointments. The latest: Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 28 Oct 2023.
Frequently asked questions
Varun Vehicles is an active private limited company based in Hyderabad, Telangana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 26 December 2001 (25+ years old) and is registered under CIN U35999TG2001PTC038274.
Varun Vehicles has 3 current directors:
- Prabhu Kishore Vallurupalli - Director
- Vallurupalli Lakshmi - Director
- Narasimha Durga Harinadha Ranga Raju Penmetsa - Director
The latest financial statements of Varun Vehicles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Varun Vehicles is U35999TG2001PTC038274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Vehicles has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Varun Vehicles was incorporated on 26 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Hyderabad.
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 28 Oct 2023. Prabhu Kishore Vallurupalli was appointed as Director on 26 Dec 2001. Vallurupalli Lakshmi was appointed as Director on 26 Dec 2001.
Varun Vehicles can be reached through the website varungroup.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Varun Vehicles is at 1 – 10 – 177 Varun Towers Begumpet Hyderabad, Telangana, India – 500016.
Varun Vehicles operates in the automotive industry, in the auto dealership and trading segment.
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