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My Virtual Teams Private Limited - information technology in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.8 Cr
▼ 18% YoY
Net loss · FY 2024
₹5.3 Lakh
Net margin -2.9%
EBITDA · FY 2024
₹67,943
EBITDA margin 0.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings
About My Virtual Teams Private Limited
Data last updated:
My Virtual Teams Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72501PB2020PTC050971. Its GSTIN is 03AANCM3928M1Z3 (Punjab).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vipin Goyal and Sudha Goyal.
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 Plot No.59 Civil City St. No. 2 Bishan Ineclave, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.8 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹5.3 Lakh (net margin -2.9%) and EBITDA of ₹67,943 (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: My Virtual Teams.
My Virtual Teams Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0069358). For more details, the company can be reached via its website myvirtualteams.com.
Company details
CIN U72501PB2020PTC050971
Registration Number 050971
Incorporation Date 19 March 2020
ROC Chandigarh
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-PB-12-0069358
Recognitions & Rankings of My Virtual Teams
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0069358
Contact details
My Virtual Teams Private Limited's registered office is in Ludhiana, Punjab. Its website is myvirtualteams.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.59 Civil City St. No. 2 Bishan Ineclave, Ludhiana, Punjab, India – 141001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of My Virtual Teams Private Limited, buy the company report.
Comprehensive company report
My Virtual Teams 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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Brands
My Virtual Teams operates one associated brand: My Virtual Teams. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom web design, eCommerce development, IT staffing, and digital marketing solutions. | myvirtualteams.com |
Business activity
The main business activity of My Virtual Teams is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of My Virtual Teams Private Limited, buy the company report.
Financials of My Virtual Teams Private Limited
FY 2025 filings availableMy Virtual Teams Private Limited reported revenue of ₹1.8 Cr (down 18% YoY) for FY 2024.
Revenue · FY 2024
₹1.8 Cr ▼ 18%
Net loss · FY 2024
₹5.3 Lakh margin -2.9%
EBITDA · FY 2024
₹67,943 margin 0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 47%
Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 98% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹67,943 | ||||
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| Net Profit (PAT) | -₹5.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | -2.9% | ||||
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To see the full financial statements and ratios of My Virtual Teams Private Limited, buy the company report.
Board of directors of My Virtual Teams Private Limited
My Virtual Teams has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Goyal | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Sudha Goyal | Additional Director | 27 Jan 2022 | 4 Years 8 Months | Current |
Auditor
My Virtual Teams Private Limited is audited by PARDEEP TANGRI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARDEEP TANGRI & ASSOCIATES | FY 2023 | 012696N |
Shareholding
The shareholding of My Virtual Teams 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 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of My Virtual Teams Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving My Virtual Teams Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for My Virtual Teams Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
My Virtual Teams Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
50%
GST
My Virtual Teams has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AANCM3928M1Z3 | Punjab | Active | 01 Jul 2020 |
To see the full GST registrations and return filing status of My Virtual Teams Private Limited, buy the company report.
Recent activity
My Virtual Teams Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Navdeep Garg ceased to be Director on 27 Jan 2022.
AGM
My Virtual Teams Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
My Virtual Teams Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Navdeep Garg ceased to be Director.
Appointed
Sudha Goyal was appointed as Additional Director.
Appointed
Navdeep Garg was appointed as Director.
Appointed
Vipin Goyal was appointed as Director.
Incorporation
19 Mar 2020
My Virtual Teams Private Limited was registered on 19 Mar 2020 with Roc Chandigarh & aged 6 years 7 months as per MCA records.
Frequently asked questions
My Virtual Teams is an active private limited company based in Ludhiana, Punjab, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 March 2020 (6+ years old) and is registered under CIN U72501PB2020PTC050971.
My Virtual Teams has 2 current directors:
- Vipin Goyal - Director
- Sudha Goyal - Additional Director
The latest financial statements of My Virtual Teams 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 2020 are in the company report.
The GSTIN of My Virtual Teams is 03AANCM3928M1Z3, registered in Punjab.
The CIN (Corporate Identification Number) of My Virtual Teams is U72501PB2020PTC050971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
My Virtual Teams was incorporated on 19 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
Navdeep Garg ceased to be Director on 27 Jan 2022. Sudha Goyal was appointed as Additional Director on 27 Jan 2022. Navdeep Garg was appointed as Director on 19 Mar 2020. My Virtual Teams has 4 board changes on record in total.
Yes, My Virtual Teams is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, My Virtual Teams is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0069358).
My Virtual Teams can be reached through the website myvirtualteams.com. Its registered office is in Ludhiana, Punjab, India.