About Vir Decorative Sheets Private Limited
Data last updated:
Vir Decorative Sheets Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the household appliance segment of the home appliances and consumer durables sector. It was incorporated on 16 May 2005.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52339GJ2005PTC046083.
The company had an authorised share capital of ₹3.5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Pathak Priyakant Vipul and Rushil Krupesh Thakkar.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 4 Pushpadhanwa Bunglows Near Takshashila Flats, Premchandnagar Road Vastrapur Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.22 Cr. For the same year it recorded a net profit of ₹1.05 Cr (net margin 86.3%) and EBITDA of ₹1.2 Cr (EBITDA margin 98.8%). Revenue has grown at a compounded annual rate (CAGR) of 216% over five years.
The company was associated with 1 brand: Rushil Decor.
The last known website on record is rushil.com.
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- Registered Address4 Pushpadhanwa Bunglows Near Takshashila Flats, Premchandnagar Road Vastrapur Ahmedabad, Gujarat, India – 380015
- IndustryHome Appliances, Household Appliance, Household Appliance Retail, Specialized Stores, Retailers
- 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
- One PDF report, delivered after checkout
Associated Brands with Vir Decorative Sheets Private Limited
Vir Decorative Sheets operates one associated brand: Rushil Decor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Laminated sheets and wood-engineered products are manufactured and sold. | rushil.com |
Financials of Vir Decorative Sheets Private Limited FY 2023 filings available
Vir Decorative Sheets Private Limited reported revenue of ₹1.22 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vir Decorative Sheets Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 216% over five years. 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 of Vir Decorative Sheets Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.05 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vir Decorative Sheets Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 86.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vir Decorative Sheets are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Vir Decorative Sheets Private Limited
Vir Decorative Sheets has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pathak Priyakant Vipul | Director | 09 Jan 2008 | 18 Years 9 Months | As last reported |
| Rushil Krupesh Thakkar | Director | 29 Mar 2019 | 7 Years 6 Months | As last reported |
Auditor Details of Vir Decorative Sheets Private Limited
Auditor information for Vir Decorative Sheets Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Vir Decorative Sheets Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vir Decorative Sheets Private Limited
Vir Decorative Sheets Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vir Decorative Sheets Private Limited
Employment history and EPFO contributions of people linked to Vir Decorative Sheets.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vir Decorative Sheets Private Limited
Vir Decorative Sheets Private Limited has 9 board changes on record since 2005: 2 appointments and 7 cessations. The latest: Rushil Krupesh Thakkar ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Vir Decorative Sheets Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vir Decorative Sheets Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vir Decorative Sheets Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vir Decorative Sheets Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vir Decorative Sheets Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Vir Decorative Sheets Private Limited
Frequently Asked Questions about Vir Decorative Sheets Private Limited
Vir Decorative Sheets has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vir Decorative Sheets was a private limited company based in Ahmedabad, Gujarat, India. The company worked in household appliance, within the home appliances industry. It was incorporated on 16 May 2005 and is registered under CIN U52339GJ2005PTC046083. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vir Decorative Sheets was incorporated on 16 May 2005. It is registered with the Registrar of Companies, Ahmedabad.
Vir Decorative Sheets had 2 directors:
- Pathak Priyakant Vipul - Director
- Rushil Krupesh Thakkar - Director
The CIN (Corporate Identification Number) of Vir Decorative Sheets is U52339GJ2005PTC046083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vir Decorative Sheets is at 4 Pushpadhanwa Bunglows Near Takshashila Flats, Premchandnagar Road Vastrapur Ahmedabad, Gujarat, India – 380015.
Vir Decorative Sheets can be reached through the website rushil.com. Its registered office is in Ahmedabad, Gujarat, India.
Vir Decorative Sheets reported revenue of ₹1.22 Cr for FY 2023.
Vir Decorative Sheets has an authorised share capital of ₹3.5 Lakh and a paid-up capital of ₹1 Lakh.
Vir Decorative Sheets reported a net profit of ₹1.05 Cr (net margin 86.3%) and EBITDA of ₹1.2 Cr (EBITDA margin 98.8%) for FY 2023, as per its filed financial statements.