DPIIT recognised startup Government of India
Startup India
Vastek Engineering Technologies Private Limited - engineering in Gudivada, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.74 Cr
▲ 266% YoY
Net profit · FY 2024
₹17.01 Lakh
Net margin 3.6%
EBITDA · FY 2024
₹26.55 Lakh
EBITDA margin 5.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Vastek Engineering Technologies Private Limited
Data last updated:
Vastek Engineering Technologies Private Limited is a private limited company based in Gudivada, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the engineering sector. It was incorporated on 26 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017PTC105930. Its GSTIN is 36AAFCV9405N1ZR (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lavudiya Lakshmi and Lavudia Ashok Kumar Naik.
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 D.No 19/339 Bethavolu Chinnapeta Beside Sneha Convent, Gudivada, Andhra Pradesh, India – 521301.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.01 Lakh (net margin 3.6%) and EBITDA of ₹26.55 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 39% over five years.
The company is associated with 1 brand: Vastek. As per MCA filings, the company has open charges of ₹6.5 Lakh on record.
Vastek Engineering Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0000263). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vastek.in.
Company details
CIN U74999AP2017PTC105930
Registration Number 105930
Incorporation Date 26 May 2017
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-AP-06-0000263
Recognitions & Rankings of Vastek Engineering Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-06-0000263
Contact details
Vastek Engineering Technologies Private Limited's registered office is in Gudivada, Andhra Pradesh. Its website is vastek.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD.No 19/339 Bethavolu Chinnapeta Beside Sneha Convent, Gudivada, Andhra Pradesh, India – 521301
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Vastek Engineering Technologies Private Limited, buy the company report.
Comprehensive company report
Vastek Engineering Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Vastek Engineering Technologies is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Vastek Engineering Technologies Private Limited, buy the company report.
Financials of Vastek Engineering Technologies Private Limited
FY 2024 filings availableVastek Engineering Technologies Private Limited reported revenue of ₹4.74 Cr (up 266% YoY) for FY 2024.
Revenue · FY 2024
₹4.74 Cr ▲ 266%
Net profit · FY 2024
₹17.01 Lakh margin 3.6%
EBITDA · FY 2024
₹26.55 Lakh margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 266%
3 years · compounded
▲ 59%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 559%
3 years · compounded
▲ 27%
5 years · compounded
▲ 64%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 266% growth in the latest year. EBITDA rose 559% 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 | FY 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 | ₹26.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.01 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vastek Engineering Technologies Private Limited, buy the company report.
Board of directors of Vastek Engineering Technologies Private Limited
Vastek Engineering Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lavudiya Lakshmi | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
| Lavudia Ashok Kumar Naik | Director | 26 May 2017 | 9 Years 5 Months | Current |
Auditor
Vastek Engineering Technologies Private Limited is audited by SDNR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SDNR & ASSOCIATES | FY 2023 | 016929S |
Shareholding
The shareholding of Vastek Engineering Technologies 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vastek Engineering Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2024 | 100980968 | Others | ₹6.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vastek Engineering Technologies 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 Vastek Engineering Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vastek Engineering Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCV9405N1ZR | Telangana | Active | 23 Jul 2017 |
To see the full GST registrations and return filing status of Vastek Engineering Technologies Private Limited, buy the company report.
Recent activity
Vastek Engineering Technologies Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Bathula Sravan Kumar ceased to be Director on 15 Mar 2023.
AGM
Vastek Engineering Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.50 Lakh with Charge ID 100980968 was registered on 23 Aug 2024.
Filing
Vastek Engineering Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Ceased
Bathula Sravan Kumar ceased to be Director.
Appointed
Lavudiya Lakshmi was appointed as Director.
Appointed
Lavudia Ashok Kumar Naik was appointed as Director.
Incorporation
26 May 2017
Vastek Engineering Technologies Private Limited was registered on 26 May 2017 with Roc Vijayawada & aged 9 years 5 months as per MCA records.
Frequently asked questions
Vastek Engineering Technologies is an active private limited company based in Gudivada, Andhra Pradesh, India. The company works in the engineering industry. It was incorporated on 26 May 2017 (9+ years old) and is registered under CIN U74999AP2017PTC105930.
Vastek Engineering Technologies has 2 current directors:
- Lavudiya Lakshmi - Director
- Lavudia Ashok Kumar Naik - Director
The latest financial statements of Vastek Engineering Technologies 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 2018 are in the company report.
The GSTIN of Vastek Engineering Technologies is 36AAFCV9405N1ZR, registered in Telangana.
The CIN (Corporate Identification Number) of Vastek Engineering Technologies is U74999AP2017PTC105930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vastek Engineering Technologies was incorporated on 26 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Bathula Sravan Kumar ceased to be Director on 15 Mar 2023. Lavudiya Lakshmi was appointed as Director on 15 Mar 2023. Lavudia Ashok Kumar Naik was appointed as Director on 26 May 2017.
Yes, Vastek Engineering Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vastek Engineering Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-06-0000263).
Vastek Engineering Technologies can be reached through the website vastek.in. Its registered office is in Gudivada, Andhra Pradesh, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages