Varuna Drinking Water Solutions Limited - Due diligence report

A 360° intelligence report on Varuna Drinking Water Solutions Limited: trust score, financial health, credit view, compliance, directors, gr…

2011-03-01 Mumbai, Maharashtra Amalgamated Unlisted Active Compliant
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Varuna Drinking Water Solutions Limited — 360° Intelligence Report

Generated from MCA filings & public records
54/100
Trust Score
Moderate

Varuna Drinking Water Solutions Limited is assessed as Moderate with a Trust Score of 54/100. Varuna Drinking Water Solutions Limited is a public limited indian non-government company incorporated in 2011, operating in the Food and Beverages sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 14 Jul 2026 from the latest processed filings. Varuna Drinking Water Solutions Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Weak

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 ScoreModerate
54/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
36/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
35/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 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: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 38%).

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 36/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 1 court forum(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SANJAY SHANKAR NIMBALKAR 01234567 Director 01/04/2018 6 yrs Approved
HARSH VIKRAM DOSHI 01234567 Director 01/04/2018 6 yrs Approved
LEENA VIKRAM DOSHI 01234567 Director 01/04/2018 6 yrs Approved
TANVI DOSHI VIKRAM 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2019 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
Vaarad Ventures Limited
Subsidiaries
1
Group entities
1
Capital events
1 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Geo Thermal Water Limited Subsidiary Company 74.00%
Vaarad Ventures Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 35
Growth signals & trust indicators
Operating for 15+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Adverse company status: Amalgamated.
Compliance score is weak (36/100).
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence41/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment46/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view44/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 13 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
20 Feb 2019
Director ceased
VARUN CHANDRASEKHAR
15 Jan 2018
Director ceased
DILIP AMICHAND MEHTA
31 Aug 2016
Director appointed
HARSH VIKRAM DOSHI (Director)
Director appointed
TANVI DOSHI VIKRAM (Director)
Director ceased
ANIL KUMAR ABHAY NARAYAN SINGH
25 Jan 2015
Director ceased
OMPRAKASH GOBINDRAM TALREJA
21 Jan 2015
Director appointed
LEENA VIKRAM DOSHI (Director)
08 Sep 2011
Director ceased
MAHABIR SINGH CHAUDHARY
29 Apr 2011
Securities allotted
432500 Equity Shares Without Differential Rights - 1.73 cr raised
01 Mar 2011
Incorporated
Registered with Roc Mumbai
Director appointed
SANJAY SHANKAR NIMBALKAR (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
4 active director(s) / partner(s); board looks stable and experienced.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Promoters hold a dominant controlling stake as per the FY 2019 annual return.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Clearvibez India Private Limited U24290GJ2020FTC115720 Ahmedabad, Gujarat, India
Pantoos Beverages (Opc) Private Limited U15549UR2020OPC010917 Haldwani, Uttarakhand, India
Avon Drinks Pvt Ltd U15549GJ1986PTC049060 Ahmedabad, Gujarat, India
Dadu Agro (India) Private Limited U01120DL1996PTC078729 Narela, Delhi, India
Sakariya Industries Private Limited U15201GJ2014PTC078864 Rajkot, Gujarat, India
Mog Asun Distillers India (Opc) Private Limited U15549GA2020OPC014553 Goa, Goa, India
Bvg Jal Private Limited U41000PN2002PTC016835 Pune, Maharashtra, India
Calculus Marketing & Trade Private Limited U41000WB2018PTC229078 Kolkata, West Bengal, India
12

Who Uses This Report

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

Verify Varuna Drinking Water Solutions Limited before audits and certifications: compliance score 36/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Varuna Drinking Water Solutions 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: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Varuna Drinking Water Solutions Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 54/100, distress signals and MSME payment-delay disclosures - know whether Varuna Drinking Water Solutions Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Varuna Drinking Water Solutions Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Varuna Drinking Water Solutions Limited an active company?

Varuna Drinking Water Solutions Limited has MCA status “Amalgamated” with a compliance score of 36/100 (Caution Indicated).

Is Varuna Drinking Water Solutions Limited financially healthy?

Varuna Drinking Water Solutions Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Varuna Drinking Water Solutions Limited?

Its overall Trust Score is 54/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Varuna Drinking Water Solutions Limited?

The ultimate holding entity is Vaarad Ventures Limited. 4 active director(s) are on record.

Does Varuna Drinking Water Solutions Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Varuna Drinking Water Solutions Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 36/100 (Caution Indicated).

Is it risky to lend to Varuna Drinking Water Solutions Limited?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

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.