Varindera Constructions Limited - Due diligence report

A 360° intelligence report on Varindera Constructions Limited: trust score, financial health, credit view, compliance, directors, growth and…

1987-12-15 New Delhi, Delhi Active Unlisted Active Compliant
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VC Varindera Constructions Limited
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Varindera Constructions Limited — 360° Intelligence Report

Generated from MCA filings & public records
84/100
Trust Score
Low Risk

Varindera Constructions Limited is assessed as Low Risk with a Trust Score of 84/100. Varindera Constructions Limited is an active public limited indian non-government company incorporated in 1987, operating in the Infrastructure and Utilities sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 29 Jun 2026 from the latest processed filings. Varindera Constructions Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
84/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
70/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
90/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 90/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (BBB+).

Charges position: 56 open (1,992.81 cr) · 73 satisfied (222.65 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others68 48.0 cr
Hdfc Bank Limited26 48.0 cr
Yes Bank Limited6 48.0 cr
Axis Bank Limited16 48.0 cr
Hdb Financial Services Limited9 48.0 cr
Kotak Mahindra Bank Ltd.2 48.0 cr
Compliance Score: 70/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 3 court forum(s).
  • 4 auditor resignation(s) filed - latest: S D GUPTA AND ASSOCIATES on 2023-12-05.
  • 21 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
VIVEK GARG 01234567 Director 01/04/2018 6 yrs Approved
SUSHMA GARG 01234567 Director 01/04/2018 6 yrs Approved
Vinod Kumar 01234567 Director 01/04/2018 6 yrs Approved
NARESH KUMAR JAIN 01234567 Director 01/04/2018 6 yrs Approved
NEERU ABROL 01234567 Director 01/04/2018 6 yrs Approved
ANURAG SRIVASTAVA 01234567 Director 01/04/2018 6 yrs Approved
VARINDER KUMAR GARG 01234567 Director 01/04/2018 6 yrs Approved
Vivek Garg 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 2 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Varindera Constructions International Ltd Subsidiary Company 74.00%

Key managerial personnel: VIVEK GARG (CEO) · SUSHMA GARG (Whole-time director) · VARINDER KUMAR GARG (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 70
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Asset base grew 61% - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 38+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 38% in a year.
3 director exits within 2 years.
56 open charge(s) registered - assets are encumbered.
4 auditor resignation(s) on record - review the stated reasons.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment86/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 56 open charge(s) of 1,992.81 cr already registered.
  • Compliance record supports lending.
Investor view92/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
28 Jan 2026
Charge satisfied
Hdb Financial Services Limited
19 Jan 2026
Charge created
Others - 48.84 Lakh
14 Jan 2026
Charge created
Axis Bank Limited - 37.95 Lakh
24 Dec 2025
Charge created
Others - 250.00 cr
23 Dec 2025
Charge created
Axis Bank Limited - 1.11 cr
12 Dec 2025
Charge created
Others - 1.59 cr
Charge created
Others - 23.80 Lakh
05 Dec 2025
Charge created
Hdfc Bank Limited - 30.79 Lakh
25 Nov 2025
Charge created
Others - 1.26 cr
24 Nov 2025
Charge satisfied
Others
18 Nov 2025
Charge created
Others - 1.39 cr
15 Oct 2025
Charge created
Others - 1.66 cr
Charge created
Others - 2.94 cr
Charge created
Others - 2.38 cr
15 Sep 2025
Charge created
Others - 1.58 cr
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
8 active director(s) / partner(s); board looks stable and experienced.
21 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of BBB+ from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
7 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Suroj U45200PN2013PTC147062 Ghorpadi Pune, Maharashtra, India
Scon Projects U45209PN2008PTC132817 Pune, Maharashtra, India
Ace Infracity Developers Private Limited U70102UP2012PTC052254 Noida, Uttar Pradesh, India
M3M U80903HR2007PTC044491 Badshahpur, Haryana, India
Urc U45201TZ1991PTC003473 Tamilnadu, Tamil Nadu, India
Shapoorjihomes U70109MH2007PTC166942 Mumbai, Maharashtra, India
Prestige Group L07010KA1997PLC022322 Bangalore, Karnataka, India
Bsel Algo Limited L99999MH1995PLC094498 Vashi Navi Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Varindera Constructions Limited before audits and certifications: compliance score 70/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Varindera Constructions Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 90/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Varindera Constructions Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 84/100, distress signals and MSME payment-delay disclosures - know whether Varindera Constructions Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Varindera Constructions Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Varindera Constructions Limited an active company?

Varindera Constructions Limited has MCA status “Active” with a compliance score of 70/100 (Moderate).

Is Varindera Constructions Limited financially healthy?

Varindera Constructions Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Varindera Constructions Limited?

Its overall Trust Score is 84/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Varindera Constructions Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 8 active director(s) are on record.

Does Varindera Constructions Limited have loans or charges against its assets?

56 open charge(s) are registered against its assets, and 73 earlier charge(s) stand satisfied.

Is Varindera Constructions Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 70/100 (Moderate).

Is it risky to lend to Varindera Constructions Limited?

Its Credit Risk Score is 90/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.