Verkar Carnations Limited
About Verkar Carnations Limited
Data last updated:
Verkar Carnations Limited is a public limited company based in Virudhunagar, Tamil Nadu, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 19 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U01134TN1995PLC032983. Its GSTIN is 33AAACV8434E1ZI (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.13 Lakh. It is led by directors including Sundravadhanan Vadhana and Suruliappan Sundaravathanan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Virudhunagar, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.49 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.83 Lakh (net margin 0.8%) and EBITDA of ₹4.67 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 62% over five years.
As per MCA filings, the company has open charges of ₹15.53 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.3/3/E, F.F.Road, Virudhunagar, Tamil Nadu, India – 626001
- IndustryAgriculture, Agro Retail & Distribution
- 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 Verkar Carnations Limited
The main business activity of Verkar Carnations is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Verkar Carnations Limited FY 2025 filings available
Verkar Carnations Limited reported revenue of ₹3.49 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Verkar Carnations Limited
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 27% growth in the latest year. EBITDA rose 19% 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 Verkar Carnations Limited
| 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 | ₹4.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.83 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 Verkar Carnations Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Verkar Carnations 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.
Peer Comparison of Verkar Carnations Limited
Verkar Carnations Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NR Commerce Private Limited | ₹3.5 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Koratagere, Karnataka, India |
| Preetibala Food Processing Unit Private Limited | ₹3.5 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Durg, Chhattisgarh, India |
| Gleams Industries Private Limited | ₹3.5 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
| Meera Manours & Fertilizers Private Limited. | ₹3.49 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | New Delhi, Delhi, India |
| S.A.Cold Storage Pvt Ltd | ₹3.49 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Dhaniakhali, West Bengal, India |
| Verkar Carnations Limited this company | ₹3.49 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Virudhunagar, Tamil Nadu, India |
| Shri Hariom Agriculture Private Limited | ₹3.49 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Lucknow, Uttar Pradesh, India |
| Aries Agro-Vet Associates Private Limited | ₹3.48 Cr (FY 2025) | •••• | •••• | 567.0% | •••• | Mumbai, Maharashtra, India |
| JRSM Farm Private Limited | ₹3.48 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Agrion Overseas Private Limited | ₹3.48 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Sangli, Maharashtra, India |
| Semarighat Farmer Producer Company Limited | ₹3.48 Cr (FY 2025) | •••• | •••• | 1688.0% | •••• | Badi, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Verkar Carnations by revenue in the Agriculture industry (Agro Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Verkar Carnations Limited
Verkar Carnations Limited is audited by S VENKATRAM & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S VENKATRAM & CO | 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 Verkar Carnations Limited
Verkar Carnations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundravadhanan Vadhana | Director | 28 Feb 2007 | 19 Years 7 Months | Current |
| Suruliappan Sundaravathanan | Director | 09 Feb 2001 | 25 Years 8 Months | Current |
| Sundaravathanan Varun Narayanan | Director | 05 Mar 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Verkar Carnations 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 Verkar Carnations Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2004 | State Bank of India | ₹15.53 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Verkar Carnations Limited
Employment history and EPFO contributions of people linked to Verkar Carnations.
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 Verkar Carnations Limited
Verkar Carnations Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Sundaravathanan Varun Narayanan ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Verkar Carnations 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 Verkar Carnations 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 Verkar Carnations 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 Verkar Carnations Limited
Verkar Carnations has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV8434E1ZI | Tamil Nadu | 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.
MCA Filings & Documents of Verkar Carnations 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 Verkar Carnations Limited
Verkar Carnations is an active public limited company based in Virudhunagar, Tamil Nadu, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 19 September 1995 (31+ years old) and is registered under CIN U01134TN1995PLC032983.
Verkar Carnations reported revenue of ₹3.49 Cr for FY 2024 (up 27% YoY).
Verkar Carnations has 3 current directors:
- Sundravadhanan Vadhana - Director
- Suruliappan Sundaravathanan - Director
- Sundaravathanan Varun Narayanan - Director
Verkar Carnations reported a net profit of ₹2.83 Lakh (net margin 0.8%) and EBITDA of ₹4.67 Lakh (EBITDA margin 1.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Verkar Carnations is 89% over three years and 62% over five years. In the latest year (FY 2024) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Verkar Carnations is 33AAACV8434E1ZI, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Verkar Carnations is U01134TN1995PLC032983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verkar Carnations was incorporated on 19 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Verkar Carnations by revenue are NR Commerce Private Limited, Preetibala Food Processing Unit Private Limited, Gleams Industries Private Limited, Meera Manours & Fertilizers Private Limited, S.A.Cold Storage Pvt Ltd and 5 more, all in the Agriculture industry (Agro Retail and Distribution).
Sundaravathanan Varun Narayanan ceased to be Additional Director on 29 Sep 2023. Ayyemperumal Narayanan Suruliappan Ayyemperumal ceased to be Director on 13 Mar 2023. Sundaravathanan Varun Narayanan was appointed as Director on 05 Mar 2023. Verkar Carnations has 5 board changes on record in total.
The registered office of Verkar Carnations is at No.33E, F.F.Road, Virudhunagar, Tamil Nadu, India – 626001.