532320
Vaarad Ventures financials
- Market cap
- ₹223 Cr
- Sector
- Financial Services
What Vaarad Ventures does
Vaarad Ventures is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, with investment activities as its core standalone business. It functions as a holding company for a group with three subsidiaries (Varuna Drinking Water Solutions Limited, Atco Limited and Edesk Services Limited), three stepdown subsidiaries (Geo Thermal Water Limited, Innovamedia Publications Limited and Atcomaart Services Limited), and one associate company (Kimaya Shoppe Limited). A National Company Law Tribunal (NCLT) order dated 12th January 2023 is consolidating several of these group entities — Innovamedia Publications, Varuna Drinking Water Solutions, Geo Thermal Water, Atco Water Technologies, Kimaya Shoppe and Covet Securities and Leasing — into Atco Limited.
Segments
- Investment activities (NBFC)
- Drinking water solutions
- Geothermal water
- Publications
- Retail (Shoppe)
- Regulatory registration
- NBFC registered with the Reserve Bank of India
- Subsidiary companies
- 3 (Varuna Drinking Water Solutions, Atco, Edesk Services)
- Stepdown subsidiaries
- 3 (Geo Thermal Water, Innovamedia Publications, Atcomaart Services)
- Associate companies
- 1 (Kimaya Shoppe)
- Total group entities
- 7 (subsidiaries + stepdown subsidiaries + associate)
- Group restructuring
- NCLT-ordered merger (Jan 2023) of 6 group entities into Atco Limited, in progress
Quarterly results
Q1 FY27: net profit down 2750.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 −100% | 1 |
| EBITDA | -0 | -0 | 0 | -0 | -0 −33% | — | — | — |
| Net profit | -0 | -0 | 0 | -0 | -0 −33% | -0 +50% | -0 −233% | -2 −2750% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −19.0% 1Y
1Y: ₹11 on 9 Sept 2025 → ₹8.91. High ₹12.98 (25 Nov 2025), low ₹8.17 (25 Mar 2026).
Financials, as filed
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Operating profit | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr | — |
| Operating margin | — | — | -100.0% | — |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr |
| Net margin | — | — | -180.0% | — |
| Cash from operations | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr |
| Free cash flow | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr |
| ROE | -1.0% | -1.2% | -0.8% | -1.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Reserves | ₹-2 Cr | ₹-2 Cr | ₹-2 Cr | ₹-2 Cr | ₹-3 Cr | ₹-3 Cr |
| Borrowings | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Other liabilities | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Total liabilities | ₹29 Cr | ₹29 Cr | ₹29 Cr | ₹28 Cr | ₹28 Cr | ₹28 Cr |
| Fixed assets | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr |
| Capital work in progress | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Other assets | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹8 Cr |
| Total assets | ₹29 Cr | ₹29 Cr | ₹29 Cr | ₹28 Cr | ₹28 Cr | ₹28 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count grew 11% to 3,655.
- Promoters
- 71.2%
- Public
- 28.8%
Since Jun 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 71.2%, Public 28.8%.Dec '23: Promoters 71.2%, Public 28.8%.Mar '24: Promoters 71.2%, Public 28.8%.Jun '24: Promoters 71.2%, Public 28.8%.Sep '24: Promoters 71.2%, Public 28.8%.Dec '24: Promoters 71.2%, Public 28.8%.Mar '25: Promoters 71.2%, Public 28.8%.Jun '25: Promoters 71.2%, Public 28.8%.Sep '25: Promoters 71.2%, Public 28.8%.Dec '25: Promoters 71.2%, Public 28.8%.Mar '26: Promoters 71.2%, Public 28.8%.Jun '26: Promoters 71.2%, Public 28.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Vaarad Ventures above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Tanvi Vikram Doshi | 42.09% | unchanged |
| Leena V Doshi | 15.18% | unchanged |
| Kimaya Wellness Limited | 15.12% | unchanged |
| Harsh V Doshi | 12.19% | unchanged |
| Kans Trading Company Pvt. Ltd. | 4.20% | unchanged |
| Nitin H Datanwala | 2.80% | unchanged |
| Mehta Brokerage Private Limited | 1.42% | unchanged |
| Mehta Media And Entertainment Pvt. Ltd. | 1.20% | unchanged |
| Nimish Brokerage Pvt. Ltd. | 1.20% | unchanged |
| Kimaya Shoppe Limited | 1.07% | unchanged |
| Covet Securities & Leasing Pvt Ltd | 0.62% | unchanged |
| Vikram Anantrai Doshi | 0.04% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Vaarad Ventures
Guides on how to read this kind of business and the numbers that matter.