Varalakshmi Automobiles Private Limited logo

Varalakshmi Automobiles Private Limited

Auto dealership business with 7 showrooms and retail outlets, authorized dealer of Tata Motor's vehicles.
2007 | Nellore, Andhra Pradesh (India) | Active

Last Updated:

November 07, 2024
HomeCompanyVaralakshmi Automobiles Private Limited

Who are the key members and board of directors at Varalakshmi Automobiles?

Executive Team (2)

NameDesignationAppointment DateStatus
Vivekananda Konda InManaging Director12-Feb-2007Current
Konda Ramprasad InManaging Director12-Feb-2007Current

Board Members(3)

NameDesignationAppointment DateStatus
Sivakumar Konda In Whole-Time Director 12-Feb-2007Current
Grande Nagabhaskar In Whole-Time Director 01-Apr-2009Current
Balaji Natakala In Whole-Time Director 01-Apr-2009Current

Financial Performance of Varalakshmi Automobiles.

Varalakshmi Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.54% increase. The company also saw a substantial improvement in profitability, with a 47.36% increase in profit. The company's net worth Soared by an impressive increase of 15.36%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.54%
Revenue from Operations
48.92%
Total Assets
36.80%
Profit or Loss
47.36%
Net Worth
15.36%
EBITDA
-28.73%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹21.10 Cr

₹12.40 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 18 Jul 2023
₹7.00 CrOpen

Hdfc Bank Limited

Creation Date: 27 Oct 2021
₹3.00 CrOpen

Others

Creation Date: 01 Jul 2021
₹3.00 CrOpen

How Many Employees Work at Varalakshmi Automobiles?

Varalakshmi Automobiles has a workforce of 31 employees as of Nov 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Varalakshmi Automobiles

Recent activity within the organization

  • Annual General Meeting

    Varalakshmi Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 18 Jul 2023 with Charge ID 100764244 was modified on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100764244 was registered on 18 Jul 2023.

    18 Jul 2023

  • Balance Sheet

    Varalakshmi Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 27 Oct 2021 with Charge ID 100508233 was modified on 15 Dec 2021.

    15 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100508233 was registered on 27 Oct 2021.

    27 Oct 2021

Frequently asked questions

  • Varalakshmi Automobiles Private Limited was incorporated on 12 Feb 2007.

  • The authorized share capital of Varalakshmi Automobiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.00 M.

  • Currently 5 directors are associated with Varalakshmi Automobiles Private Limited.

    • Vivekananda Konda
    • Sivakumar Konda
    • Konda Ramprasad
    • Grande Nagabhaskar
    • Balaji Natakala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varalakshmi Automobiles Private Limited is 5/344/5 Nsr Complex, Stonehousepet India, Nellore, Andhra Pradesh, 524002.

  • The corporate identification number (CIN) of Varalakshmi Automobiles Private Limited is U34103AP2007PTC052720 and the company number is 052720 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varalakshmi Automobiles Private Limited is https://www.ksngroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varalakshmi Automobiles Private Limited has risen by 49.54%.

  • As Per 2023 financial reports, 31 employees are currently employed by Varalakshmi Automobiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varalakshmi Automobiles Private Limited has experienced an upsurge of 15.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varalakshmi Automobiles Private Limited amount to ₹ 21.10 Cr.

  • The most recent Balance Sheet for Varalakshmi Automobiles Private Limited was filed with the ROC on 31 Mar 2023.

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