Virtue Finance Limited
About Virtue Finance Limited
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Virtue Finance Limited is a public limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 03 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65910DL1996PLC083615.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.96 Cr. It is led by directors including Ravi Bhinda and Dayanand Singh.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 20 Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.25 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 6.7%) and EBITDA of ₹1.9 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 150% over five years.
The company is associated with 1 brand: Virtu. Court records list 54 cases involving the company, including 53 filed by the company and 1 filed against it. The company has 19 deals on record (15 secondary share transfers, 4 funding rounds), with disclosed funding of ₹31.87 Cr; the latest was in March 2016.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Virtue Finance Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20 Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Virtue Finance Limited, buy the company report.
- 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
Financials of Virtue Finance Limited
FY 2025 filings availableVirtue Finance Limited reported revenue of ₹24.25 Cr (down 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 150%. EBITDA fell 66% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹24.25 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.62 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 6.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Virtue Finance Limited, buy the company report.
Board of directors of Virtue Finance Limited
Virtue Finance has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Bhinda Also directs: Negolice Ltd, Negolice International Limited, Sarvgyan Infrastructure Private Limited and 2 more | Director | 23 Mar 2017 | 9 Years 7 Months | Current |
| Dayanand Singh Also directs: Negolice Ltd, Sat Sudha Investments Private Limited, Shree Shiv Shakti Paridhan Private Limited and 2 more | Director | 23 Mar 2017 | 9 Years 7 Months | Current |
| Mahesh Babu Dadhich Also directs: Sweet Home Buildwell Private Limited, Sweet Home Buildwell Private Limited, MCCL Buildwell Private Limited and 1 more | Director | 02 Jun 2018 | 8 Years 5 Months | Current |
Auditor
Virtue Finance Limited is audited by A K L R & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K L R & CO LLP | FY 2023 | 319237E/N500083 |
Shareholding
The shareholding of Virtue Finance Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Virtue Finance Limited, buy the company report.
Deals & funding
Virtue Finance Limited has 19 deals on record (15 secondary share transfers, 4 funding rounds), with disclosed funding of ₹31.87 Cr; the latest was in March 2016.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Frigg Infrastructure Private Limited Seller: Yojana Management Tech Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Kalkin Propbuild Private Limited , MCCL Industries Private Limited Seller: Minda Capital Private Limited |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Minda Capital Private Limited Seller: Dhansafal Vyapaar Private Limited, Sunny Infraprojects Limited |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Shree Shiv Shakti Paridhan Private Limited Seller: Aarika Steels and Metal Private Limited |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Prahlad Suppliers Private Limited Seller: Safford Mercantile Private Limited , Pasupati Enclave Private Limited , Idor Systems and Solutions Private Limited |
To see the full deal history of Virtue Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Virtue Finance Limited has 54 court cases on record: 53 filed by Virtue Finance, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 1 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by individuals | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Virtue Finance 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 Virtue Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Virtue Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Virtue Finance Limited has 17 board changes on record since 2007: 10 appointments and 7 cessations. The latest: Mahesh Babu Dadhich was appointed as Director on 02 Jun 2018.
8 earlier events are in the company report.
Frequently asked questions
Virtue Finance is an active public limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 03 December 1996 (30+ years old) and is registered under CIN U65910DL1996PLC083615.
Virtue Finance has 3 current directors:
- Ravi Bhinda - Director
- Dayanand Singh - Director
- Mahesh Babu Dadhich - Director
The latest financial statements of Virtue Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Virtue Finance is U65910DL1996PLC083615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtue Finance has 54 court cases on record: 53 filed by the company and 1 filed against it.
Virtue Finance was incorporated on 03 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Virtue Finance has 19 deals on record (15 secondary share transfers, 4 funding rounds), with disclosed funding of ₹31.87 Cr; the latest was in March 2016.
Mahesh Babu Dadhich was appointed as Director on 02 Jun 2018. Mohanan Puthanveetil Krishnan ceased to be Director on 02 Jun 2018. Namita Beria ceased to be Director on 13 Apr 2017. Virtue Finance has 17 board changes on record in total.
The registered office of Virtue Finance is at 20 Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002.
Virtue Finance operates in the financial services industry, in the nbfc segment.
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