Vastech Resources Private Limited
About Vastech Resources Private Limited
Data last updated:
Vastech Resources Private Limited is a private limited company based in New, Delhi, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 05 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2020PTC365650.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹20,000. It is led by directors Vipin Gandhi and Nitin Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Office No. 316 Westend Mall Forth Floor, Main Najafgarh Road Dist. Center Janakpuri, New, Delhi, India – 110058.
As per the financials filed for FY 2023, the company reported a revenue of ₹18,500, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹1,300 (net margin -7%) and EBITDA of -₹1,300 (EBITDA margin -7%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressOffice No. 316 Westend Mall Forth Floor, Main Najafgarh Road Dist. Center Janakpuri, New, Delhi, India – 110058
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business Activity of Vastech Resources Private Limited
The main business activity of Vastech Resources is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vastech Resources Private Limited FY 2023 filings available
Vastech Resources Private Limited reported revenue of ₹18,500 (down 57% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vastech Resources Private Limited
Revenue fell 57% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Vastech Resources Private Limited
| Metrics | 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 | -₹1,300 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,300 | •••• | •••• |
| 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 Vastech Resources Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -7% | •••• | •••• |
| Net Profit Margin | -7% | •••• | •••• |
| 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 Vastech Resources 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.
Peer Comparison of Vastech Resources Private Limited
Vastech Resources Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Angel Wings Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Populace Connect Advisors Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Paramount Corporate Network Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Nova Sancoale Services Private Limited | •••• | •••• | •••• | •••• | - | Vasco Da Gama, Goa, India |
| Compusys Systems Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vastech Resources Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Findright Corporate Solutions Private Limited | •••• | •••• | •••• | •••• | - | East Gorakh Park Shahdara, Delhi, India |
| Ocena Ship Management Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Cabt Staffing Solutions Private Limited | •••• | •••• | •••• | •••• | - | Newdelhi, Delhi, India |
| Aps Maritime Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Excel Infra N Realty Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vastech Resources by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Vastech Resources Private Limited
Vastech Resources has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Gandhi | Director | 21 Oct 2023 | 2 Years 11 Months | Current |
| Nitin Sharma Also directs: Influential Indiatrips4u Private Limited | Director | 21 Oct 2023 | 2 Years 11 Months | Current |
Charges & Borrowings of Vastech Resources Private Limited
Vastech Resources Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vastech Resources Private Limited
Employment history and EPFO contributions of people linked to Vastech Resources.
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
Verified entity values are shown only after access is granted.
Recent Activity on Vastech Resources Private Limited
Vastech Resources Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: . Akash ceased to be Additional Director on 21 Oct 2023.
Credit Ratings, Litigation & Regulatory Alerts for Vastech Resources 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 Vastech Resources 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 Vastech Resources 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
Verified entity values are shown only after access is granted.
GST Compliance of Vastech Resources Private Limited
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 Vastech Resources 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 Vastech Resources Private Limited
Vastech Resources is an active private limited company based in New, Delhi, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 05 July 2020 (6+ years old) and is registered under CIN U72900DL2020PTC365650.
Vastech Resources reported revenue of ₹18,500 for FY 2023 (down 57% YoY).
Vastech Resources has 2 current directors:
- Vipin Gandhi - Director
- Nitin Sharma - Director
Vastech Resources reported a net loss of ₹1,300 (net margin -7%) and EBITDA of -₹1,300 (EBITDA margin -7%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Vastech Resources is U72900DL2020PTC365650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vastech Resources was incorporated on 05 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vastech Resources by revenue are Angel Wings Services Private Limited, Populace Connect Advisors Private Limited, Paramount Corporate Network Limited, Nova Sancoale Services Private Limited, Compusys Systems Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
. Akash ceased to be Additional Director on 21 Oct 2023. Saurabh ceased to be Additional Director on 21 Oct 2023. Nitin Sharma was appointed as Director on 21 Oct 2023. Vastech Resources has 6 board changes on record in total.
The registered office of Vastech Resources is at Office No. 316 Westend Mall Forth Floor, Main Najafgarh Road Dist. Center Janakpuri, New, Delhi, India – 110058.
Vastech Resources has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹20,000.
Vastech Resources operates in the information technology industry, in the other computer related activities segment.