About Virtual Element Studios Private Limited
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Virtual Element Studios Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 15 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2018PTC179576. Its GSTIN is 27AAGCV6509E1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shantanu Umeshkant Kulkarni and Vyankatesh Vasudeo Mandke.
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 Office No.201 209 Mandke Business Center 652/653 Narayan Peth Appa Balwant Chowk, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.54 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹23.48 Lakh (net margin 6.6%) and EBITDA of ₹41.11 Lakh (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 29% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Virtual Element Studios.
For more details, the company can be reached via its website virtualelement.in.
- EmailLocked
- TelephoneLocked
- Website
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- Registered AddressOffice No.201 209 Mandke Business Center 652/653 Narayan Peth Appa Balwant Chowk, Pune, Maharashtra, India – 411030
- IndustryEngineering, Engineering Design & Consultancy
- 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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Business Activity of Virtual Element Studios Private Limited
The main business activity of Virtual Element Studios is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 59 | Motion picture, video and television programme production, sound recording and music publishing activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Virtual Element Studios Private Limited FY 2024 filings available
Virtual Element Studios Private Limited reported revenue of ₹3.54 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Virtual Element Studios Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 40% growth in the latest year. EBITDA rose 896% 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 Virtual Element Studios Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹41.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.48 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Virtual Element Studios Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 Virtual Element Studios are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Virtual Element Studios Private Limited
Virtual Element Studios Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Film and Content Production). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Daily Digital Private Limited | ₹3.58 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
| Prayan Animation Studio Private Limited | ₹3.58 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Thiruvananthapuram, Kerala, India |
| Spirit Media Private Limited | ₹3.55 Cr (FY 2023) | •••• | •••• | 75.0% | •••• | Hyderabad, Telangana, India |
| Shri Jagganaath Entertainment Private Limited | ₹3.54 Cr (FY 2020) | •••• | •••• | 80.0% | •••• | Mumbai, Maharashtra, India |
| Star Entertainment Private Limited | ₹3.54 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Virtual Element Studios Private Limited this company | ₹3.54 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Yt Properties Private Limited | ₹3.53 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| Apsk Production & Entertainment Private Limited | ₹3.52 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Noida, Uttar Pradesh, India |
| What Works Studios Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Indian Magic Eye Private Limited | ₹3.5 Cr (FY 2022) | •••• | •••• | -58.0% | •••• | Pune, Maharashtra, India |
| Asb Film Village Sales Private Limited | ₹3.5 Cr (FY 2024) | •••• | •••• | -59.0% | •••• | Jabalpur, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Virtual Element Studios by revenue in the Media and Publishing industry (Film and Content Production), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Virtual Element Studios Private Limited
Virtual Element Studios Private Limited is audited by N.R.DHAVALIKAR AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.R.DHAVALIKAR AND CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Virtual Element Studios Private Limited
Virtual Element Studios has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantanu Umeshkant Kulkarni Also directs: Meetee Infotainment LLP | Director | 15 Oct 2018 | 7 Years 11 Months | Current |
| Vyankatesh Vasudeo Mandke | Director | 15 Oct 2018 | 7 Years 11 Months | Current |
| Vaishnavi Vyankatesh Mandke Also directs: Meetee Infotainment LLP, Vga Digital Printers Private Limited, Manthak Business Solutions Private Limited and 1 more | Director | 15 Oct 2018 | 7 Years 11 Months | Current |
Ownership and Shareholding of Virtual Element Studios 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 Virtual Element Studios Private Limited
Virtual Element Studios Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Virtual Element Studios Private Limited
Virtual Element Studios operates one associated brand: Virtual Element Studios. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Animation and visual services for industries like manufacturing and healthcare in India. | virtualelement.in |
Employees and EPFO Compliance at Virtual Element Studios Private Limited
Virtual Element Studios Private Limited has a workforce of 33 employees as of Mar 29, 2024.
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 Virtual Element Studios Private Limited
Virtual Element Studios Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Shantanu Umeshkant Kulkarni was appointed as Director on 15 Oct 2018.
Credit Ratings, Litigation & Regulatory Alerts for Virtual Element Studios 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 Virtual Element Studios 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 Virtual Element Studios 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 Virtual Element Studios Private Limited
Virtual Element Studios has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV6509E1Z9 | Maharashtra | Active | 10 Nov 2018 |
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 Virtual Element Studios 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.
Frequently Asked Questions about Virtual Element Studios Private Limited
Virtual Element Studios is an active private limited company based in Pune, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 15 October 2018 (8+ years old) and is registered under CIN U72900PN2018PTC179576.
Virtual Element Studios reported revenue of ₹3.54 Cr for FY 2025 (up 40% YoY).
Virtual Element Studios has 3 current directors:
- Shantanu Umeshkant Kulkarni - Director
- Vyankatesh Vasudeo Mandke - Director
- Vaishnavi Vyankatesh Mandke - Director
Virtual Element Studios reported a net profit of ₹23.48 Lakh (net margin 6.6%) and EBITDA of ₹41.11 Lakh (EBITDA margin 11.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Virtual Element Studios is 31% over three years and 29% over five years. In the latest year (FY 2025) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Virtual Element Studios is 27AAGCV6509E1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Virtual Element Studios is U72900PN2018PTC179576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtual Element Studios was incorporated on 15 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Virtual Element Studios by revenue are Daily Digital Private Limited, Prayan Animation Studio Private Limited, Spirit Media Private Limited, Shri Jagganaath Entertainment Private Limited, Star Entertainment Private Limited and 5 more, all in the Media and Publishing industry (Film and Content Production).
Shantanu Umeshkant Kulkarni was appointed as Director on 15 Oct 2018. Vaishnavi Vyankatesh Mandke was appointed as Director on 15 Oct 2018. Vyankatesh Vasudeo Mandke was appointed as Director on 15 Oct 2018.
Virtual Element Studios can be reached through the website virtualelement.in. Its registered office is in Pune, Maharashtra, India.