Viraat Authentication Systems Private Limited

Viraat Authentication Systems Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2010PTC202363 Incorporated 24 April 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹8.18 Lakh
▼ 62% YoY
Net loss · FY 2024
₹39.89 Lakh
Net margin -487.9%
EBITDA · FY 2024
-₹4.4 Lakh
EBITDA margin -53.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10.49 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

About Viraat Authentication Systems Private Limited

Data last updated:

Viraat Authentication Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Viraat Technology Labs Private Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 24 April 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC202363. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.49 Lakh. It is led by directors Nikhil Rasiklal Kothary and Bipin Taro Vazirani.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.18 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹39.89 Lakh (net margin -487.9%) and EBITDA of -₹4.4 Lakh (EBITDA margin -53.9%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 50% over five years.

As per MCA filings, the company has open charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website v-authenticate.com.

Company Details of Viraat Authentication Systems Private Limited
CIN U72900MH2010PTC202363
Registration Number 202363
Incorporation Date 24 April 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Viraat Technology Labs Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    C Wing – 209 210 Mittal Commercia Cts No. 1629, Off M.V. Road Marol Naka Near Mittal Estate Andheri East, Mumbai, Maharashtra, India – 400059
  • Industry
    Information Technology, Software Development & Support Services, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Viraat Authentication Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Viraat Authentication Systems Private Limited

The main business activity of Viraat Authentication Systems is information and communication. In detail, this covers information service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communication63Information service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Viraat Authentication Systems Private Limited FY 2025 filings available

Viraat Authentication Systems Private Limited reported revenue of ₹8.18 Lakh (down 62% YoY) for FY 2024.

Revenue · FY 2024
₹8.18 Lakh ▼ 62%
Net loss · FY 2024
₹39.89 Lakh margin -487.9%
EBITDA · FY 2024
-₹4.4 Lakh margin -53.9%

Compounded Annual Growth Rate (CAGR) of Viraat Authentication Systems Private Limited

Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 67%
5 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▼ 216%
3 years · compounded
▼ 29%
5 years · compounded
▲ 40%

Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 62% fall in the latest year. EBITDA fell 216% 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 of Viraat Authentication Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹4.4 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹39.89 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 of Viraat Authentication Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-53.9%••••••••••••••••
Net Profit Margin-487.9%••••••••••••••••
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 Viraat Authentication Systems are in the company report.

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Financial statements from 2015

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Peer Comparison of Viraat Authentication Systems Private Limited

Viraat Authentication Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Uhm Infotech Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Gavya Software Services Private Limited••••••••••••••••-Kolkata, West Bengal, India
Compezz Solutions Private Limited••••••••••••••••-Jaipur, Rajasthan, India
Infisqft Solutions Private Limited••••••••••••••••-Bengaluru, Karnataka, India
Pixelhash Technologies Private Limited••••••••••••••••-Hyderabad, Telangana, India
Viraat Authentication Systems Private Limited this company••••••••••••••••-Mumbai, Maharashtra, India
Dhilligence Software Services Private Limited••••••••••••••••-Bangalore, Karnataka, India
Insaas Software Private Limited••••••••••••••••-Pune, Maharashtra, India
Spacenos Technologies Private Limited••••••••••••••••-Bangalore, Karnataka, India
Beyond Drops Private Limited••••••••••••••••-Bangalore, Karnataka, India
Webdesert Technologies Private Limited••••••••••••••••-Garulia, West Bengal, India

Peers are the five companies nearest above and the five nearest below Viraat Authentication Systems by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Viraat Authentication Systems Private Limited

Viraat Authentication Systems Private Limited is audited by KIRAN MEHTA & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
KIRAN MEHTA & COLockedLockedLocked
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Board of Directors of Viraat Authentication Systems Private Limited

Viraat Authentication Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikhil Rasiklal KotharyDirector24 Apr 201016 Years 5 MonthsCurrent
Bipin Taro VaziraniDirector21 Dec 20178 Years 9 MonthsCurrent

Ownership and Shareholding of Viraat Authentication Systems Private Limited

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Charges & Borrowings of Viraat Authentication Systems Private Limited

Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Punjab National Bank₹0.05 Cr
Latest charge details
DateLenderAmountStatus
14 Aug 2015Punjab National Bank₹5 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Viraat Authentication Systems Private Limited

Employment history and EPFO contributions of people linked to Viraat Authentication Systems.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Viraat Authentication Systems Private Limited

Viraat Authentication Systems Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Hiya Bipin Vazirani ceased to be Additional Director on 11 Sep 2018.

AGM
Viraat Authentication Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Viraat Authentication Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Hiya Bipin Vazirani ceased to be Additional Director.
Ceased
Moneet Rasik Vijayakar ceased to be Director.
Appointed
Bipin Taro Vazirani was appointed as Director.
Ceased
Shilpa Nikhil Kothary ceased to be Director.
Charges
A charge with Punjab National Bank amounted to Rs. 5.00 Lakh with Charge ID 10591301 was registered on 14 Aug 2015.
Appointed
Nikhil Rasiklal Kothary was appointed as Director.
Incorporation
24 Apr 2010
Viraat Authentication Systems Private Limited was registered on 24 Apr 2010 with Roc Mumbai I & aged 16 years 5 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Viraat Authentication Systems Private Limited

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MSME Payment Delays by Viraat Authentication Systems Private Limited

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Subsidiaries & Group Companies of Viraat Authentication Systems Private Limited

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GST Compliance of Viraat Authentication Systems Private Limited

Viraat Authentication Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Viraat Authentication Systems Private Limited

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Frequently Asked Questions about Viraat Authentication Systems Private Limited

Viraat Authentication Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 24 April 2010 (16+ years old) and is registered under CIN U72900MH2010PTC202363.

Viraat Authentication Systems reported revenue of ₹8.18 Lakh for FY 2024 (down 62% YoY).

Viraat Authentication Systems has 2 current directors:

Viraat Authentication Systems reported a net loss of ₹39.89 Lakh (net margin -487.9%) and EBITDA of -₹4.4 Lakh (EBITDA margin -53.9%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Viraat Authentication Systems is -67% over three years and -50% over five years. In the latest year (FY 2024) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.

No. Viraat Authentication Systems has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Viraat Authentication Systems is U72900MH2010PTC202363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Viraat Authentication Systems has 1 court case on record: 1 filed against it.

Viraat Authentication Systems was incorporated on 24 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Viraat Authentication Systems by revenue are Uhm Infotech Private Limited, Gavya Software Services Private Limited, Compezz Solutions Private Limited, Infisqft Solutions Private Limited, Pixelhash Technologies Private Limited and 5 more, all in the Information Technology industry (Software Services).

Hiya Bipin Vazirani ceased to be Additional Director on 11 Sep 2018. Moneet Rasik Vijayakar ceased to be Director on 01 Aug 2018. Bipin Taro Vazirani was appointed as Director on 21 Dec 2017. Viraat Authentication Systems has 5 board changes on record in total.

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