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Varroc Polymers Limited

Manufacturer of polymer-based auto components for domestic market since 1995.
1995 | Aurangabad, Maharashtra (India) | Active

Last Updated:

June 29, 2024
HomeCompanyVarroc Polymers Limited

Who are the key members and board of directors at Varroc Polymers?

Executive Team (2)

NameDesignationAppointment DateStatus
Tarang Jain InManaging Director28-Jun-1995Current
Anil Ghatiya InCompany Secretary01-Jan-2005Current

Board Members(5)

NameDesignationAppointment DateStatus
Vinish Kathuria In Director 13-Nov-2018Current
Vidyadhar Limaye In Whole-Time Director 14-Nov-2022Current
Marc Szulewicz Fr Director 13-Nov-2018Current
Gautam Khandelwal In Director 24-Mar-2011Current
Arjun Jain In Whole-Time Director 14-Nov-2022Current

Financial Performance of Varroc Polymers.

Varroc Polymers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.99% increase. The company also saw a substantial improvement in profitability, with a 83.46% increase in profit. The company's net worth moved up by a moderate rise of 3.43%.

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  • 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
38.99%
Revenue from Operations
38.56%
Total Assets
9.34%
Profit or Loss
83.46%
Net Worth
3.43%
EBITDA
35.50%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹561.95 Cr

₹460.70 Cr

LenderAmountStatus

Others

Creation Date: 23 Jan 2023
₹50.00 CrOpen

Others

Creation Date: 23 Jan 2023
₹20.00 CrOpen

Others

Creation Date: 23 Jan 2023
₹50.00 CrOpen

How Many Employees Work at Varroc Polymers?

Varroc Polymers has a workforce of 1843 employees as of Apr 06, 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 Varroc Polymers

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 20 Dec 2022 with Charge ID 100660318 was modified on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

    Varroc Polymers Limited last Annual general meeting of members was held on 13 Sep 2023 as per latest MCA records.

    13 Sep 2023

  • Charges

    A charge with Idbi Bank Limited of Rs. 23.00 Cr registered on 14 Nov 2008 with Charge ID 10133281 was modified on 15 Jun 2023.

    15 Jun 2023

  • Balance Sheet

    Varroc Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 23 Jan 2023 with Charge ID 100668189 was modified on 16 Feb 2023.

    16 Feb 2023

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 23 Jan 2023 with Charge ID 100668236 was modified on 16 Feb 2023.

    16 Feb 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Varroc Polymers Limited was incorporated on 20 Jun 1995.

  • The authorized share capital of Varroc Polymers Limited is ₹ 5.49 Cr and paid-up capital is ₹ 5.29 M.

  • Currently 7 directors are associated with Varroc Polymers Limited.

    • Tarang Naresh Jain
    • Gautam Premnath Khandelwal
    • Marc Szulewicz
    • Vinish Kathuria
    • Vidyadhar Madhukar Limaye
    • Arjun Tarang Jain
    • Anil Ghatiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varroc Polymers Limited is Plot No. L-4 Midc Waluj, Aurangabad, Maharashtra, India, 431136.

  • The corporate identification number (CIN) of Varroc Polymers Limited is U25209MH1995PLC090037 and the company number is 090037 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varroc Polymers Limited is https://www.varroc.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varroc Polymers Limited has risen by 38.99%.

  • As Per 2022 financial reports, 1843 employees are currently employed by Varroc Polymers Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varroc Polymers Limited has experienced an upsurge of 3.43%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Varroc Polymers Limited amount to ₹ 561.95 Cr.

  • The most recent Balance Sheet for Varroc Polymers Limited was filed with the ROC on 31 Mar 2023.

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