Virgo Plywoods Limited

Virgo Plywoods Limited - manufacturing in Chandigarh, India. FY 2026 financials & compliance.
CIN U20219CH1993PLC044229 Incorporated 24 August 1993 ROC Chandigarh HQ Chandigarh, India
Active Public Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹16.54 Cr
▼ 26% YoY
Net profit · FY 2023
₹46.8 Lakh
Net margin 2.8%
EBITDA · FY 2023
₹59.18 Lakh
EBITDA margin 3.6%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹13.75 Cr
Satisfied ₹73.32 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
5
Provident fund records

About Virgo Plywoods Limited

Data last updated:

Virgo Plywoods Limited is a public limited company based in Chandigarh, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 24 August 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U20219CH1993PLC044229. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Bishamber Dass and Surinder Pal.

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 Ram Darbar P N. 828 Ia Ph II, Chandigarh, India – 160002.

As per the financials filed for FY 2023, the company reported a revenue of ₹16.54 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹46.8 Lakh (net margin 2.8%) and EBITDA of ₹59.18 Lakh (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹13.75 Cr and satisfied charges of ₹73.32 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.

Virgo Plywoods Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0005002). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virgolam.com.

Company details

CIN U20219CH1993PLC044229
Registration Number 044229
Incorporation Date 24 August 1993
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0005002

CIN history

Virgo Plywoods has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20219CH1993PLC044229, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U20219CH1993PLC044229Current
U20219DL1993PLC251260Previous
U20219PB1993PLC013643Previous
Key People
Bishamber Dass Director Surinder Pal Director Tilak Raj Arora Director

Recognitions & Rankings of Virgo Plywoods

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-20-0005002

Contact details

Virgo Plywoods Limited's registered office is in Chandigarh, Chandigarh. Its website is virgolam.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    virgolam.com
  • Social Media
  • Registered Address
    Ram Darbar P N. 828 Ia Ph II, Chandigarh, India – 160002
  • Industry
    Manufacturing, Wood Products & MDF

To see the full contact details of Virgo Plywoods Limited, buy the company report.

Comprehensive company report
Virgo Plywoods 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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Financials of Virgo Plywoods Limited

FY 2025 filings available

Virgo Plywoods Limited reported revenue of ₹16.54 Cr (down 26% YoY) for FY 2023.

Revenue · FY 2023
₹16.54 Cr ▼ 26%
Net profit · FY 2023
₹46.8 Lakh margin 2.8%
EBITDA · FY 2023
₹59.18 Lakh margin 3.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 5%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 41%
5 years · compounded
▼ 31%

Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 26% fall in the latest year. EBITDA fell 75% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹16.54 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹59.18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹46.8 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3.6%
Net Profit Margin2.8%
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

To see the full financial statements and ratios of Virgo Plywoods Limited, buy the company report.

Board of directors of Virgo Plywoods Limited

Virgo Plywoods has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bishamber Dass
Also directs: Lamivaa Decors LLP, Glaminates India LLP, Virgo Decoratives LLP and 5 more
Director14 Mar 201511 Years 7 MonthsCurrent
Surinder Pal
Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more
Director14 Mar 201511 Years 7 MonthsCurrent
Tilak Raj Arora
Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more
Director30 Mar 200818 Years 7 MonthsCurrent
Parveen Kumar
Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Laminates Limited and 5 more
Director14 Mar 201511 Years 7 MonthsCurrent
View all directors

Auditor

Virgo Plywoods Limited is audited by N KUMAR CHHABRA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N KUMAR CHHABRA & COFY 2023000837N

Shareholding

The shareholding of Virgo Plywoods 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Virgo Plywoods Limited, buy the company report.

Charges & borrowings

Open charges
₹13.75 Cr
Satisfied charges
₹73.32 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹10.75 Cr
Others₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 May 2024100918759Hdfc Bank Limited₹5.75 CrOpen
05 Feb 2024100862294Hdfc Bank Limited₹2.5 CrOpen
06 Jan 2024100860843Hdfc Bank Limited₹2.5 CrOpen
30 Jan 2016100024541Others₹3 CrOpen
24 Aug 2021100477794Others₹50 LakhSatisfied

To see the full charge records of Virgo Plywoods Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

Virgo Plywoods Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 17 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
A V Chemicals
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Virgo Plywoods Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Virgo Plywoods Limited has a workforce of 5 employees on its EPFO records as of May 2026.

Employee count
5

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-275
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Virgo Plywoods Limited, buy the company report.

GST

Virgo Plywoods 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

To see the full GST registrations and return filing status of Virgo Plywoods Limited, buy the company report.

Recent activity

Virgo Plywoods Limited has 12 board changes on record since 2005: 8 appointments and 4 cessations. The latest: Nikhil Arora ceased to be Director on 25 Mar 2015.

AGM
Virgo Plywoods Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Virgo Plywoods Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.75 Cr with Charge ID 100918759 was registered on 04 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100862294 was registered on 05 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100860843 was registered on 06 Jan 2024.
Charges
A charge registered on 24 Aug 2021 via Charge ID 100477794 with Others was fully satisfied on 21 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100477794 was registered on 24 Aug 2021.
Charges
A charge registered on 30 Aug 2012 via Charge ID 10375674 with Hdfc Bank Limited was fully satisfied on 04 Feb 2017.
Charges
A charge registered on 28 Jan 2002 via Charge ID 90178294 with State Bank Of India was fully satisfied on 13 Oct 2016.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100024541 was registered on 30 Jan 2016.
Charges
A charge registered on 27 Feb 2007 via Charge ID 10041843 with Oriental Bank Of Commerce was fully satisfied on 11 Apr 2015.
Charges
A charge registered on 22 Mar 2010 via Charge ID 10212324 with Oriental Bank Of Commerce was fully satisfied on 31 Mar 2015.

19 earlier events are in the company report.

News

Frequently asked questions

Virgo Plywoods is an active public limited company based in Chandigarh, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 24 August 1993 (33+ years old) and is registered under CIN U20219CH1993PLC044229.

Virgo Plywoods has 4 current directors:

The latest financial statements of Virgo Plywoods 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 2015 are in the company report.

No. Virgo Plywoods has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Virgo Plywoods is U20219CH1993PLC044229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Virgo Plywoods has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.

Virgo Plywoods was incorporated on 24 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.

Nikhil Arora ceased to be Director on 25 Mar 2015. Parvesh Kumar ceased to be Director on 25 Mar 2015. Bishamber Dass was appointed as Director on 14 Mar 2015. Virgo Plywoods has 12 board changes on record in total.

Yes, Virgo Plywoods is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0005002).

Virgo Plywoods has 4 MSME Form 1 returns on record between 2019 and 2022, listing 17 overdue payments to 6 micro and small suppliers. The latest return was filed on 30 Apr 2022.

Virgo Plywoods can be reached through the website virgolam.com. Its registered office is in Chandigarh, India.