DPIIT recognised startup Government of India
Startup India
Vir Innovations Private Limited
Vir Innovations Private Limited - machinery and equipment in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹94.33 Lakh
▲ 36% YoY
Net loss · FY 2025
₹18.39 Lakh
Net margin -19.5%
EBITDA · FY 2025
-₹17.22 Lakh
EBITDA margin -18.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Vir Innovations Private Limited
Data last updated:
Vir Innovations Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 31 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29100TG2021PTC154473. Its GSTIN is 36AAICV2461P1ZQ (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Devarakonda Satish (Managing Director) and Kumaraswamy Belday.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8 – 2 – 438/7 V.V.S Crest Road No – 4 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.33 Lakh, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹18.39 Lakh (net margin -19.5%) and EBITDA of -₹17.22 Lakh (EBITDA margin -18.3%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Vir Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0040527).
Company details
CIN U29100TG2021PTC154473
Registration Number 154473
Incorporation Date 31 August 2021
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0040527
Recognitions & Rankings of Vir Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TS-02-0040527
Contact details
Vir Innovations Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 – 2 – 438/7 V.V.S Crest Road No – 4 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Vir Innovations Private Limited, buy the company report.
Comprehensive company report
Vir Innovations Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Vir Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Vir Innovations Private Limited, buy the company report.
Financials of Vir Innovations Private Limited
FY 2025 filings availableVir Innovations Private Limited reported revenue of ₹94.33 Lakh (up 36% YoY) for FY 2025.
Revenue · FY 2025
₹94.33 Lakh ▲ 36%
Net loss · FY 2025
₹18.39 Lakh margin -19.5%
EBITDA · FY 2025
-₹17.22 Lakh margin -18.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 85%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▼ 174%
Revenue has grown at a compounded annual rate (CAGR) of 85% over three years, including 36% growth in the latest year. EBITDA rose 59% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹17.22 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹18.39 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -18.3% | |||
| Net Profit Margin | -19.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Vir Innovations Private Limited, buy the company report.
Board of directors of Vir Innovations Private Limited
Vir Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devarakonda Satish | Managing Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Kumaraswamy Belday Also directs: Militros Private Limited, Constella Aerospace Private Limited | Director | 22 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Vir Innovations Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Master Pulverisers (India) Private Limited | ₹95.47 Lakh (FY 2025) | 71.0% | Mumbai, Maharashtra, India | |||
| Jayanand Enterprises Private Limited | ₹95.11 Lakh (FY 2025) | 19.0% | Pune, Maharashtra, India | |||
| Surface Improvements (India) Private Limited | ₹94.99 Lakh (FY 2023) | -27.0% | Bangalore, Karnataka, India | |||
| Vir Innovations Private Limitedthis company | ₹94.33 Lakh (FY 2025) | -₹18.39 Lakh | -19.5% | 36.0% | Hyderabad, Telangana, India | |
| Charmi Machinery Industries Private Limited | ₹93.95 Lakh (FY 2017) | -18.0% | Ahmedabad, Gujarat, India | |||
| JSD Industrial Consultant Private Limited | ₹93.87 Lakh (FY 2025) | 6.0% | Faridabad, Haryana, India | |||
| Indmacsol Private Limited | ₹93.44 Lakh (FY 2024) | -6.0% | Hobli Ramanagara, Karnataka, India |
To see the full peer comparison of Vir Innovations Private Limited, buy the company report.
Auditor
Vir Innovations Private Limited is audited by PRAVALLIKA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVALLIKA & CO | FY 2023 | 231038 |
Shareholding
The shareholding of Vir Innovations Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vir Innovations Private Limited, buy the company report.
Legal cases
Vir Innovations Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company | Pending |
To see the full case history of Vir Innovations Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vir Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vir Innovations Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Vir Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICV2461P1ZQ | Telangana | Active | 25 Sep 2021 |
To see the full GST registrations and return filing status of Vir Innovations Private Limited, buy the company report.
Recent activity
Vir Innovations Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Kumaraswamy Belday ceased to be Additional Director on 29 Sep 2025.
AGM
Vir Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Kumaraswamy Belday ceased to be Additional Director.
Filing
Vir Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Kumaraswamy Belday was appointed as Director.
Ceased
Saibharath Viswapavan Kousuri ceased to be Director.
Appointed
Devarakonda Satish was appointed as Managing Director.
Incorporation
31 Aug 2021
Vir Innovations Private Limited was registered on 31 Aug 2021 with Roc Hyderabad & aged 5 years 2 months as per MCA records.
Frequently asked questions
Vir Innovations is an active private limited company based in Hyderabad, Telangana, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 31 August 2021 (5+ years old) and is registered under CIN U29100TG2021PTC154473.
Vir Innovations has 2 current directors:
- Devarakonda Satish - Managing Director
- Kumaraswamy Belday - Director
The latest financial statements of Vir Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Vir Innovations is 36AAICV2461P1ZQ, registered in Telangana.
The CIN (Corporate Identification Number) of Vir Innovations is U29100TG2021PTC154473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vir Innovations has 1 court case on record: 1 filed against it. 1 is pending.
Vir Innovations was incorporated on 31 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vir Innovations by revenue are Master Pulverisers (India) Private Limited, Jayanand Enterprises Private Limited, Surface Improvements (India) Private Limited, Charmi Machinery Industries Private Limited, JSD Industrial Consultant Private Limited and 1 more, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kumaraswamy Belday ceased to be Additional Director on 29 Sep 2025. Kumaraswamy Belday was appointed as Director on 22 Jan 2025. Saibharath Viswapavan Kousuri ceased to be Director on 07 Oct 2024. Vir Innovations has 4 board changes on record in total.
Yes, Vir Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vir Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0040527).
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