Veritas and Virtus Engineering Services Private Limited
About Veritas and Virtus Engineering Services Private Limited
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Veritas and Virtus Engineering Services Private Limited is a private limited company based in Siddipet, Telangana, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 30 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51909TG2020PTC139990.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prabhakar Reddy Reddy and Laxmi Narasimha Rao Koti.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15 – 35/1 Hanuman Nagar Prashanth Nagar Siddipet Town II, Telangana, India – 502103.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.95 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15,116 (net margin 0.4%) and EBITDA of ₹18,813 (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 324% over three years.
As per MCA filings, the company has open charges of ₹4.76 Lakh on record.
Company details
Contact details
Veritas and Virtus Engineering Services Private Limited's registered office is in Siddipet, Telangana.
- Registered Address15 – 35/1 Hanuman Nagar Prashanth Nagar Siddipet Town II, Telangana, India – 502103
- IndustryTrading, Specialty, Wholesale
- 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
Business activity
The main business activity of Veritas and Virtus Engineering Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Veritas and Virtus Engineering Services Private Limited, buy the company report.
Financials of Veritas and Virtus Engineering Services Private Limited
FY 2024 filings availableVeritas and Virtus Engineering Services Private Limited reported revenue of ₹33.95 Lakh (up 151% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 324% over three years, including 151% growth in the latest year. EBITDA fell 44% 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
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| EBITDA | ₹18,813 | ||||
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| Net Profit (PAT) | ₹15,116 | ||||
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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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| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Veritas and Virtus Engineering Services Private Limited, buy the company report.
Board of directors of Veritas and Virtus Engineering Services Private Limited
Veritas and Virtus Engineering Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakar Reddy Reddy | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
| Laxmi Narasimha Rao Koti | Director | 30 Mar 2020 | 6 Years 6 Months | Current |
| Shireesha Koti | Director | 30 Mar 2020 | 6 Years 6 Months | Current |
Peer comparison
Veritas and Virtus Engineering Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Braj Dairy Products Private Limited | ₹33.97 Lakh (FY 2025) | 16.0% | Mathura, Uttar Pradesh, India | |||
| M S Sarees Private Limited | ₹33.96 Lakh (FY 2024) | -18.0% | Kolkata, West Bengal, India | |||
| Arka Powerbuild Technologies Private Limited | ₹33.96 Lakh (FY 2025) | 756.0% | Hyderabad, Telangana, India | |||
| Redcone Agropro Private Limited | ₹33.96 Lakh (FY 2024) | 2470.0% | Kolkata, West Bengal, India | |||
| A Z Metal Industries Private Limited | ₹33.96 Lakh (FY 2022) | 66.0% | Mumbai, Maharashtra, India | |||
| Veritas and Virtus Engineering Services Private Limitedthis company | ₹33.95 Lakh (FY 2024) | ₹15,116 | 0.4% | 151.0% | Siddipet, Telangana, India | |
| Xpertii On-Air Tracking Solutions Private Limited | ₹33.95 Lakh (FY 2016) | 75.0% | Chennai, Tamil Nadu, India | |||
| Dannfin Lifesciences Private Limited | ₹33.95 Lakh (FY 2025) | 60.0% | Kalwad, Rajasthan, India | |||
| Spice Merchants Private Limited | ₹33.95 Lakh (FY 2025) | 117.0% | Kolkata, West Bengal, India | |||
| Flower Distributors Private Limited | ₹33.95 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Armstrong Tracom Pvt Ltd | ₹33.94 Lakh (FY 2025) | 149.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Veritas and Virtus Engineering Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2023 | 100833723 | Others | ₹4.76 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veritas and Virtus Engineering Services 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 Veritas and Virtus Engineering Services Private 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 Veritas and Virtus Engineering Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veritas and Virtus Engineering Services Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Prabhakar Reddy Reddy was appointed as Director on 08 Jan 2024.
Frequently asked questions
Veritas and Virtus Engineering Services is an active private limited company based in Siddipet, Telangana, India. The company works in specialty, within the trading industry. It was incorporated on 30 March 2020 (6+ years old) and is registered under CIN U51909TG2020PTC139990.
Veritas and Virtus Engineering Services has 3 current directors:
- Prabhakar Reddy Reddy - Director
- Laxmi Narasimha Rao Koti - Director
- Shireesha Koti - Director
The latest financial statements of Veritas and Virtus Engineering Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Veritas and Virtus Engineering Services is U51909TG2020PTC139990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veritas and Virtus Engineering Services was incorporated on 30 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Veritas and Virtus Engineering Services by revenue are Braj Dairy Products Private Limited, M S Sarees Private Limited, Arka Powerbuild Technologies Private Limited, Redcone Agropro Private Limited, A Z Metal Industries Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Prabhakar Reddy Reddy was appointed as Director on 08 Jan 2024. Laxmi Narasimha Rao Koti was appointed as Director on 30 Mar 2020. Shireesha Koti was appointed as Director on 30 Mar 2020.
The registered office of Veritas and Virtus Engineering Services is at 15 – 351 Hanuman Nagar Prashanth Nagar Siddipet Town II, Telangana, India – 502103.
Veritas and Virtus Engineering Services operates in the trading industry, in the specialty segment.
Veritas and Virtus Engineering Services has open charges of ₹4.76 Lakh and no satisfied charges on record as per latest MCA filings.
Veritas and Virtus Engineering Services can be reached at its registered office: 15 – 351 Hanuman Nagar Prashanth Nagar Siddipet Town II, Telangana, India – 502103.