Varifab Engineering Private Limited

Varifab Engineering Private Limited

Manufactures chemical and industrial tanks, pressure vessels, and steel structures for various sectors.
2015 | Chennai, Tamil Nadu (India) | Active

Last Updated:

July 17, 2024
HomeCompanyVarifab Engineering Private Limited

Who are the key members and board of directors at Varifab Engineering?

Board Members(2)

NameDesignationAppointment DateStatus
Sundaram Kumar In Director 22-Jul-2015Current
Ilamaran Padmani In Director 22-Sep-2022Current

Financial Performance and Corporate Structure Insights of Varifab Engineering.

Varifab Engineering Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.43% decrease. The company also saw a substantial improvement in profitability, with a 109.79% increase in profit. The company's net worth dipped by a decrease of 8.36%.

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
-28.43%
Revenue from Operations
-64.11%
Total Assets
-50.23%
Profit or Loss
109.79%
Net Worth
-8.36%
EBITDA
2.29%

Related Corporates (Common Directorship)

  • Varicon Pumps & Systems Private Limited

    Varicon Pumps & Systems Private Limited

    Active build-icon 15 years 3 months

    Sundaram Kumar is a mutual person

Charges (Loans)

Satisfied Charges

₹31.06 M

LenderAmountStatus

Others

Creation Date: 08 Feb 2016
₹3.11 CrSatisfied

How Many Employees Work at Varifab Engineering?

Varifab Engineering has a workforce of 9 employees as of Apr 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.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Varifab Engineering

Recent activity within the organization

  • Director Appointment

    Ilamaran Padmani was appointed as a Director was appointed as a Director on 22 Sep 2022 & has been associated with this company since 2 years 14 days .

    22 Sep 2022

  • Annual General Meeting

    Varifab Engineering Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Varifab Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Charges

    A charge registered on 08 Feb 2016 via Charge ID 10622079 with Others was fully satisfied on 16 Dec 2020.

    16 Dec 2020

  • Charges

    A charge with Others of Rs. 31.06 M registered on 08 Feb 2016 with Charge ID 10622079 was modified on 09 Jun 2017.

    09 Jun 2017

  • Charges

    A charge with Others amounted to Rs. 31.06 M with Charge ID 10622079 was registered on 08 Feb 2016.

    08 Feb 2016

Frequently asked questions

  • Varifab Engineering Private Limited was incorporated on 22 Jul 2015.

  • The authorized share capital of Varifab Engineering Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Varifab Engineering Private Limited.

    • Sundaram Lakshmi Kumar
    • Ilamaran Padmani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varifab Engineering Private Limited is No.10 P.K.M. Road Athipet, Chennai, Tamil Nadu, India, 600058.

  • The corporate identification number (CIN) of Varifab Engineering Private Limited is U28113TN2015PTC101494 and the company number is 101494 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varifab Engineering Private Limited is https://www.varifab.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Varifab Engineering Private Limited has fallen by -28.43%.

  • As Per 2021 financial reports, 9 employees are currently employed by Varifab Engineering Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Varifab Engineering Private Limited has experienced an downturn of -8.36%.

  • The most recent Balance Sheet for Varifab Engineering Private Limited was filed with the ROC on 31 Mar 2021.

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