About Verensol Technologies Private Limited
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Verensol Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 23 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28939MH1992PTC065022. Its GSTIN is 27AABCP0352Q1Z6 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Poona Bearing Industries Pvt Ltd. It is led by directors including Gaurav Rajkumar Sharma and Rajkumar Jaynarayan Sharma.
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 Plot No 8 Gat No 255A Jyotibhanagar Talawade, Pune, Maharashtra, India – 412114.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.94 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹11.86 Lakh (net margin 2%) and EBITDA of ₹62.1 Lakh (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 2% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.6 Cr and satisfied charges of ₹99 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verensol.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 8 Gat No 255A Jyotibhanagar Talawade, Pune, Maharashtra, India – 412114
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
- 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 Verensol Technologies Private Limited
The main business activity of Verensol Technologies is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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.
Auditor Details of Verensol Technologies Private Limited
Verensol Technologies Private Limited is audited by R. M. KHADILKAR & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. M. KHADILKAR & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Verensol Technologies Private Limited
Verensol Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Rajkumar Sharma | Director | 23 Jan 1992 | 34 Years 8 Months | Current |
| Rajkumar Jaynarayan Sharma | Director | 23 Jan 1992 | 34 Years 8 Months | Current |
| Deepa Sharma Rao | Director | 16 Jun 2025 | 1 Years 3 Months | Current |
| Seema Gaurav Sharma | Director | 16 Jun 2025 | 1 Years 3 Months | Current |
Financials of Verensol Technologies Private Limited FY 2024 filings available
Verensol Technologies Private Limited reported revenue of ₹5.94 Cr (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Verensol Technologies Private Limited
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 46% 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 of Verensol Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.94 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹62.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.86 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 Verensol Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 Verensol Technologies are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Verensol Technologies 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 Verensol Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2020 | Canara Bank | ₹60 Lakh | Open |
| 21 May 2009 | Canara Bank | ₹3 Cr | Open |
| 21 May 2001 | Rupee Co-Op Bank Ltd | ₹40 Lakh | Satisfied |
| 09 Jun 2000 | Rupee Co-Op Bank Ltd | ₹40 Lakh | Satisfied |
| 28 Aug 1997 | Rupee Co-Op Bank Ltd | ₹19 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Verensol Technologies Private Limited
Verensol Technologies Private Limited has a workforce of 12 employees as of Apr 05, 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
Verified entity values are shown only after access is granted.
GST Compliance of Verensol Technologies Private Limited
Verensol Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP0352Q1Z6 | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Verensol Technologies 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 Verensol Technologies 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 Verensol Technologies 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.
MCA Filings & Documents of Verensol Technologies 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.
Recent Activity on Verensol Technologies Private Limited
Frequently Asked Questions about Verensol Technologies Private Limited
Verensol Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 23 January 1992 (34+ years old) and is registered under CIN U28939MH1992PTC065022.
Verensol Technologies reported revenue of ₹5.94 Cr for FY 2023 (down 27% YoY).
Verensol Technologies has 4 current directors:
- Gaurav Rajkumar Sharma - Director
- Rajkumar Jaynarayan Sharma - Director
- Deepa Sharma Rao - Director
- Seema Gaurav Sharma - Director
Verensol Technologies reported a net profit of ₹11.86 Lakh (net margin 2%) and EBITDA of ₹62.1 Lakh (EBITDA margin 10.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Verensol Technologies is 36% over three years and 2% over five years. In the latest year (FY 2023) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Verensol Technologies is 27AABCP0352Q1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Verensol Technologies is U28939MH1992PTC065022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verensol Technologies was incorporated on 23 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Pune.
Verensol Technologies can be reached through the website verensol.com. Its registered office is in Pune, Maharashtra, India.